Costa Rica Exports up 4.7% First Quarter 2013

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Costa Rica exports reached $ 4,042 million during the first quarter of 2013, up 4.7% from $ 3,862 million in the same period last year, said yesterday the Foreign Trade Promoter (PROCOMER).

The data indicates that sales of industrial products went up by 9.5%, for livestock and fisheries 7.3%, but agriculture fell by 9.8% due to reductions in the prices of coffee and bananas.

In terms of export destinations, North America ranked first with 42.9%, followed by the European Union with 19.3%, Asia with 14.2% and 13.2% Central America.

66.2% of exported goods went to countries with which it has an existing FTA and 20.6% to destinations Free trade agreement are being negotiated and approval.

“Costa Rican exports continue to grow, largely because of the diversification of products and destinations. This can only be achieved by strengthening the country’s trading platform, “said the Foreign Trade Minister, Anabel González in a statement.

PROCOMER seeks to diversify its export markets in Qatar, Russia, Poland and Turkey.

(Based on a Report by EFE and Nacion.com)

The Costa Rica News (TCRN)
San Jose Costa Rica

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