Successful Trade Between Costa Rica - China

The announcement of a visit by Chinese President Xi Jinping with trade authorities from his country, reaffirms expectations that trade between the two countries will continue to grow.

Wednesday, May 29, 2013

However, in the view of the executive director of the Costa Rican Chamber of Importers, Distributors and Representatives (Crecex), Luis Fernando Monge, although Jinping's visit to Costa Rica next week guarantees the country will become better known across the board, Crecex does not expect that the ruler will be accompanied by private entrepreneurs interested in doing business with Costa Ricans, although there are some expectations in that regard.

For Monge, the Xi state visit will be an excellent opportunity for Costa Rican businessmen to put on the table their concerns over trade with China, which is still difficult for Costa Rican entrepreneurs, but becoming increasingly fluid.

"The main challenge faced by importers of Chinese products is quality, because the country offers a wide range of products, ranging from those of extremely low quality, to those that are world class. Meanwhile Exporters should seek the niche, as they can not hope to fill with their supply the needs of such a large market,as for example, Beijing is the largest consumer of concentrated fruit, but Shanghai is a high consumer of coffee. To encourage this, any approach is important," said the official.

More on this topic

Costa Rica: Trade Mission to Israel

September 2015

A trade mission is being prepared for the first half of 2016 for Costa Rican companies interested in exploring business opportunities in Israel.

The business trip is being organized by the Chamber of Importers of Costa Rica and the Israeli Embassy in Costa Rica, and aims to analyze potential business opportunities between the two economies.

Costa Rica: Businessmen Happy with China

June 2013

One by one the main leaders of Costa Rican business associations have expressed their appreciation and optimism for the agreements reached with the Chinese government.

The Costa Rican business sector believes that the decisions taken by the Governments of Costa Rica and China will help, directly or indirectly, the Costa Rican economy.

Costa Rica Attracts Business with China

May 2013

Next September a delegation of 100 Chinese entrepreneurs will be in the country looking for business, and in November the China-Latin America Business Summit will attract about 1,000 Asian and Latin American entrepreneurs.

According to the Ambassador of Costa Rica to China, Marco Vinicio Ruiz, the delegation of 100 businessmen will come from Zhejiang, one of China's most industrialized provinces, meaning that it will open up important investment opportunities. The group will be headed by the Governor of the province, Lu Zushan.

China plans to exports to the region from Costa Rica

January 2009

Costa Rica hopes use the FTA with China to capture production investment from Chinese companies which will export their products throughout Central America

China plans to use Costa Rica as the bridge to export to the other countries with which the Central American country has trade agreements, such as Mexico, the United States and Canada.