Some Sectors Smile Despite the Crisis

Exports of some products increased despite the crisis: meat, melon, fruit purée, fruit concentrates, fruit juices and medical devices.

Friday, July 24, 2009

Even though Costa Rican exports diminished 14.2% in the first semester of 2009 when compared to the same period of the same year, some sectors of the economy remained stable, and some even registered increases.

In his article, Marvin Barquero extracts details from the exports report by the Costa Rican Trade Promotion Agency (Procomer): "Melon shipments increased 11%, and fruit juices and concentrates 14.2%. Meat exports increased 12%, fruit purée 7% and medical infusion devices, medicines and medical devices exports increased 8%, 4% and 6% respectively".

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Purchases of fruit and vegetables by the American nation will go from $8.3 to $9 billion between January and August 2014.

The Department of Agriculture in the United States has recorded increases in imports of fresh and processed vegetables, processed fruits and juices, confectionery, meat and derivatives of chocolate and coffee.

Costa Rican Exports Drop 13%

August 2009

$5 billion were exported from January to July, 13.3% less than the same period of 2008.

Even though exports keep falling, there are positive signs as the reduction has been less steep than in June, when it was 14.2%.

"Regarding destinations, our most favorable market was the European Union, because of positive increases in some countries like the Netherlands (17%), Switzerland and France.

Manufacturing Exports Down by 18% in Costa Rica

April 2009

Manufacturing industry exports in the first quarter were down from $1.543 billion in 2008 to $1.260 billion in 2009.

Exports from this sector (microprocessors, textiles and medical devices) represent 61% of the country's total exports.

Journalist Hassel Fallas wrote in "The reduction in manufactured goods exports is greater than the decline in agriculture (8%) and food (14%).

Costa Rica: Non-traditional exports have kept up exports

October 2008

90% of Costa Rican exports during the last 12 months were for non-traditional products.

While the total export of goods to foreign markets grew only 5.5%, the export of non-traditional goods - such as services - increased by 20.5%, according to data for national sales to the exterior from September 2007 to 2008.

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