The Costa Rica News (TCRN) – Exports of goods for Costa Rica during the first quarter of 2014 registered stagnant compared to the same period of 2013, official figures published today revealed.

Figures from the Foreign Trade Promoter (Procomer) indicate that in the first quarter of 2014 exports reached 2.825 billion, down 0.4% from 2.836 billion in the same period last year.

However, the data reflects a gradual recovery during 2014, when in January fell by 6% in February and 3.65% was recorded.

“The latest data shows a growth in the industrial and agricultural products sectors. Particularly in the manufacturing subsector we’ve highlighted the growth of medical devices (with a rise of 8.9%), this represents 21.5% of exports manufacturing,” said Procomer’s CEO, Jorge Sequeira.

Meanwhile the Minister of Foreign Trade, Anabel Gonzalez said in the bulletin that efforts to link Costa Rica with new markets are already discernible.

The official said there is an increase in exports to countries like the Netherlands (7.9%), which is the port of entry to the European Union and members of the Pacific Alliance: Mexico, a rise of 10%, Colombia (16%), Peru (19%) and Chile (45%).

Exports of goods from Costa Rica totaled 11.405 billion dollars in 2013, representing growth of 1.4% over 2012.  (ACAN-EFE)

The Costa Rica News (TCRN)

San Jose, Costa Rica