American Expatriate Costa Rica

CADEXCO: “there is a slowdown in production outside the free zones”

The Chamber of Exporters of Costa Rica (CADEXCO) reported a slowdown in sales abroad in production outside the free zones.

According to the organization, if exports of goods are analyzed according to the regime, the free zone grew by 14% and the final regime only grew 1%. 1,649 million dollars are required to reach the export target, which proves the need to boost the competitiveness of the sector.

The sectors that lead exports during this period are precision tools and medical equipment, agriculture, food industry, chemicals and pharmaceuticals.

It should be noted that products with more growth in this month are bananas, pineapples and coffee. However, the metallurgical industry and meat sectors have significant declines.

The export sector assures that the definitive regime has a great challenge to face, especially against the possible effects of Trump’s administration, since the United States is Costa Rica’s main partner.

crhoy.com