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Exports of goods show the worst growth since 2016

July 24, 2019 by Staff News Writer

According to the Central Bank, national exports of goods in the first half of the year were $ 5.75 billion and this shows a year-on-year growth of only 0.5%. This growth is the lowest since February 2016, when the increase was only 0.9%.

A fall in international prices of key products such as pineapple and bananas, as well as climatic factors and even the political situation in Nicaragua would be affecting the export sector.

On the other hand, sales of goods abroad from free zone companies have their second consecutive month of deceleration. Meanwhile, those that are outside this special regime, especially small and medium-sized companies, fell by 8.4%, the most severe fall of the year.

crhoy.com

Related articles:

  1. Exports have been down for seven months in a row
  2. Business sector worried about drop in exports outside the free zone
  3. Manufacturing exports show low growth rate
  4. Economic activity experienced its worst growth in almost six years
  5. Exports of goods grew 7% in 2017
  6. Exports of goods from Costa Rica grew 6%

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