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News and information about Costa Rica, the real estate market, tourism and industry.

Costa Rica is a leadding Exporter

Did you know that most of bananas, pineapples and melons consumed in several countries of Europe and in the United States have a Costa Rican stamp? With just 51,100 square kilometers and a population of a little more than 4 and a half  million inhabitants, this small country bet on diversifying non-traditional products under an integral strategy of trade, and that has been the success of its current leadership on several products that exports every each.

Costa Rica is the first world provider of fresh pineapple and it is positioned as the third worldwide exporter of bananas. Also, it is among the first marketers of melon and the first global exporter of palm heart.

Live butterflies have also given Costa Rica a first place medal in the world, with more than 70,000 pupae shipped each year to different markets.

It is also the first exporter of “chayotes” (vegetable pears) in the world, a leader in the manufacture of rubber gaskets, and one of the main suppliers of hair dryers and leather belts to the United States, as well as of underwear for men, besides being the second provider of soccer balls and medical instruments to that country.

Only in the United States, and representing just 0.02% of all its international purchases, Costa Rica also became the main supplier of roots such as cassava and the second in terms of fresh vegetables and prepared fruits.

Traditionally, Costa Rican trade was based on coffee and bananas; however, for several years now; other possibilities that emerged became stars exporters and not only in the agricultural field. Integrated circuits and electronic microstructures, in addition to computer parts, currently head international sales.

This received a strong boost with the advent of the transnational Intel which built here one of its main plants, where its most revolutionary chip of the last 15 years is currently manufactured.

In spite of this technological development, the traditional leading products such as bananas, remain strong. Banana is the fourth product in the list of leaders, followed by sweet fresh pineapple, and of course coffee.

 

Original: http://www.thesjopost.com/news/index.php?option=com_content&view=article&id=359%3Acosta-rica-a-little-big-exporter&catid=45%3Aperiscope&Itemid=86&lang=en

 

Published Friday, June 11, 2010 10:53 PM by Nick Halverson
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