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Costa Rican exports rose 9.9% in first 8 months of 2012

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SAN JOSE, COSTA RICA – September 23rd, 2012 – Products such as pineapples and coffee, as well as tech and electronic products such as electronic components for microprocessors, electrical cables, and medical devices increased their level of export in the first 8 months of this year, compared to the same period in 2011. Procomer (Costa Rica’s Foreign Trade Ministry) confirmed exports totaling $7.6 billion during the period, an increase of 9.9% from the same period last year.

 

According to the foreign trade minister, this is due to an increase and expansion of both products and export markets.

 

“We must continue to provide small and medium businesses tools such as “Mision de Compradores” (Buyer’s Mission)- in which 300 exporters had over 2,500 business meetings with international buyers this week,” said Anabel Gonzalez, Foreign Trade minister and President of Procomer.

 

According to Procomer General Manager, Jorge Sequeira, there has been an increase in exports in the agricultural, industrial and livestock sectors, as well as an increase in export destinations.

 

“Exports to North America, Europe, Central America and Asia continue to grow, promoted by shipments of traditional products such as coffee and pineapple, as well as non-traditional products such as medical devices, infusion and transfusion equipment, and electrical cables, “ said Sequeira.

 

42% of Costa Rica’s exports continue to be sent to North America, followed by Europe, with 18%, Central America, 14% and Asia, 12.9%. The Asian market saw the largest growth, almost 30% more than last year.

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