American Expatriate Costa Rica

English-language news and information on Costa Rica

  • Home
  • Original Articles
  • News Reports
  • Book Reviews

Costa Rican imports grew by 8.7% in 2017

November 25, 2018 by Staff News Writer

During 2017, Costa Rica imported more medicine, cell phones and vehicles with engines from 1,500 to 2,000 cubic centimeters, according to figures of the Annual Report of Intelligence of the Importing Sector, “Costa Rica Importa,” presented last week.

The study highlighted among a growth of 8.7% in the value of the Definitive Imports in 2017 compared to 2016.

According to the Chamber of Foreign Trade of Costa Rica and of Representatives of Foreign Houses (CRECEX), this report has as an exceptional feature, being the only source of data on national imports. In addition, it takes into account all purchases made in the country.

The document was developed by CRECEX, which took a year to prepare and conduct research, analysis and data collection.

In total, Costa Rica imported $14.47 billion in 2017 corresponding to 12.3 million tons in terms of Definitive Imports for a CIF Value. Adding the imports developed as a result of the Free Zone and Active Improvement (local purchases) regimes, would have the value of the Expanded Imports, which in this case represented a CIF Value of $23.12 billion and 15 million tons.

The real estate sector recorded a growth of 20% compared to 2016, climbing two places in the ranking, just like the mechanical sector.

The medical sector presented a growth of 15% in 2017 compared to 2016, highlighting purchases of x-ray machines and ozone therapy that showed growth of 82% and 72% respectively.

North America continues to be the main region of origin of domestic imports. China, on the other hand, has 18% of the market and experienced a 35% growth in the invoiced value.

crhoy.com

Related articles:

  1. Imports from Asia maintain sustained growth
  2. IDB: Costa Rican exports grew 8% in 2017
  3. Exports of goods grew 7% in 2017
  4. Exports of goods from Costa Rica grew 6%
  5. Mexican exports grew 8% despite Trump
  6. Industry grows less than in 2017

Filed Under: News Reports

SIGN UP FOR AMERICAN EXPATRIATE IN COSTA RICA

It's free, we respect your privacy and you can unsubscribe at any time.

Connect with Social Media

  • Email
  • Facebook
  • RSS
  • Twitter
Follow @expatcostarica

Search Articles and News Reports

Articles by Publication Date

July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  
« Apr    

News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

Copyright © 2010 to 2025 · Link to Legal Notices and Privacy Policy