Export to Costa Rica

Costa Rica map

 

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NAME: Republic of Costa Rica

POPULATION: 4.6 million (UN, 2009)

CAPITAL: San Jose

MAIN CITIES:  San José, Puerto Limón, San Francisco, Alajuela, Liberia, Paraíso, Puntarenas San Isidro, Curridabat, San Vicente

LANGUAGE: Spanish (official), English

GOVERNMENT TYPE: Democratic Republic

TIME ZONE: GMT-6

CURRENCY: Colón

DIALLING CODE: +506

INTERNET DOMAIN: .cr

ECONOMY

Costa Rica has one of the largest economies in Central America.  Costa Rica has attracted a high level of foreign investment thanks to its stable economy and well educated workforce.  The Country mostly depends on tourism, agriculture and electronics exports.

Costa Rica has Free Trade Agreements with:

  • Canada
  • Chile
  • Dominican Republic
  • Panama
  • The countries of the Caribbean community (CARICOM)
  • Mexico
  • United States
  • EU

 KEY INDUSTRIES

  • Microprocessors
  • Food processing
  • Medical equipment
  • Textiles and clothing
  • Construction materials
  • Fertilizer
  • Plastic products

EXPORT PARTNERS

  • US 32.61%
  • Netherlands 12.82%
  • China 11.81%
  • Mexico 4.2% (2009)

IMPORTS – PARTNERS:   

  • US 44.72%
  • Mexico 7.65%
  • Venezuela 5.56%
  • China 5.15%
  • Japan 4.36% (2009)

 

EXPORTS – COMMODITIES:   

  • Bananas
  • Pineapples
  • Coffee
  • Melons
  • ornamental plants
  • sugar
  • beef
  • seafood
  • electronic components
  • medical equipment

IMPORTS – COMMODITIES:   

  • Raw materials
  • Consumer goods
  • Capital equipment
  • Petroleum
  • Construction materials

Source: www.cia.gov

GDP INFORMATION:

GDP (purchasing power parity):   

$48.63 billion (2009 est.)

country comparison to the world: 90

$49.42 billion (2008 est.)

$48.16 billion (2007 est.)

note: data are in 2009 US dollars

GDP – real growth rate:   

-1.6% (2009 est.)

country comparison to the world: 135

2.6% (2008 est.)

7.8% (2007 est.)

GDP – per capita (PPP):   

$10,900 (2009 est.)

country comparison to the world: 99

$11,200 (2008 est.)

$11,100 (2007 est.)

note: data are in 2009 US dollars

GDP – composition by sector:   

  • agriculture: 6.4%
  • industry: 24.9%
  • services: 68.7% (2009 est.)

Source: www.cia.gov

ONLINE SOURCES:

Costa Rica Investment Promotion Agency – www.cinde.org

Ministry of Economy, Industry and Commerce ( MEIC )www.meic.go.cr

National Institute of Statistics and Censuses ( INEC)- www.inec.go.cr

Costa Rica Tourism Board – www.visitcostarica.com

NEWSPAPERS

 

 

Handel Export Consulting

Telephone: +44 28 9092 3378 Fax: +44 28 9092 3334 Email: info@handelexport.com