Costa Rica Business News
  • July 29, 2025
  • Last Update July 28, 2025 1:47 pm

Costa Rica’s Exports Surge in First Quarter

Costa Rica’s Exports Surge in First Quarter

San José, Costa Rica — Costa Rica’s export sector saw a significant boost in the first quarter of 2025, recording a 12% increase compared to the same period in 2024, reaching $5.186 billion. This growth is largely attributed to the robust performance of the medical device sector, the country’s leading export, which experienced a remarkable 26% surge, reaching $2.401 billion in sales.

According to data from the Foreign Trade Promoter (PROCOMER), other sectors also contributed to this positive trend. The agricultural sector saw a 1% increase, while the chemical-pharmaceutical sector expanded by 18%. The livestock and fishing sector grew by 10%, metal mechanics by 7%, and the electrical and electronics sector by 6%.

To provide expert legal perspective on the complexities of Costa Rican exports, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas of Bufete de Costa Rica.

Cargando...

Costa Rican export businesses must navigate a complex interplay of regulations, including sanitary and phytosanitary measures, intellectual property rights, and free trade agreements. Understanding these legal frameworks is crucial for successful market access and sustainable growth in the international arena.
Lic. Larry Hans Arroyo Vargas, Bufete de Costa Rica

However, not all sectors experienced growth. The food industry sector saw a 5% decline, primarily due to lower sales of products like sugar and palm oil. This dip underscores the importance of diversification and adaptability in the face of fluctuating global market conditions.

North America, particularly the United States, remains the primary destination for Costa Rican exports, absorbing over 40% of the total. Central America, Europe, and Asia follow as important trading partners.

To further strengthen ties and explore new avenues for growth, Costa Rican Minister of Foreign Trade, Manuel Tovar, recently concluded a visit to Japan and South Korea. This diplomatic mission focused on enhancing commercial relationships and tapping into the potential of these key Asian markets.

We are decisively approaching Asia as part of our strategy to deepen and diversify markets and leverage existing Free Trade Agreements. Both Japan and South Korea are partners with high purchasing power and a market of more than 175 million inhabitants.
Manuel Tovar, Minister of Foreign Trade

Minister Tovar extended an invitation to business chambers, associations, and companies in Japan and South Korea to participate in the upcoming Trade and Investment Summit organized by PROCOMER. The summit will be held in Costa Rica during the first week of September and offers a valuable platform for networking and exploring investment opportunities.

This proactive approach to expanding trade relations, particularly with Asian markets, is a strategic move by Costa Rica to further solidify its position in the global economy and ensure continued growth in its export sector. The focus on diversifying markets is crucial for mitigating risks associated with dependence on specific regions and products.

For further information, visit procomer.com
About PROCOMER (Costa Rican Foreign Trade Promoter):

PROCOMER is a Costa Rican institution dedicated to promoting the country’s exports and attracting foreign investment. They offer a range of services to businesses, including market research, export training, and matchmaking with potential buyers. PROCOMER plays a vital role in connecting Costa Rican businesses with international markets and fostering economic growth.

For further information, visit meic.go.cr
About Ministry of Foreign Trade of Costa Rica (Ministerio de Comercio Exterior):

The Ministry of Foreign Trade of Costa Rica is the government body responsible for developing and implementing the country’s foreign trade policies. They work to promote exports, attract foreign investment, and negotiate trade agreements. The Ministry plays a key role in shaping Costa Rica’s international economic relations and fostering growth in the export sector.

For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica is a pillar of legal excellence, upholding the highest ethical standards while championing innovative solutions for its diverse clientele. The firm’s commitment to empowering society goes beyond traditional legal representation, actively promoting legal literacy and accessibility through community initiatives and educational programs. This dedication to fostering a more informed populace underscores Bufete de Costa Rica’s enduring belief in the power of knowledge as a catalyst for positive social change.

Costa Rica Business News
Founded in 2004, TicosLand has firmly established itself as a pivotal resource for the corporate community in Costa Rica. Catering to a substantial international readership, TicosLand provides timely and essential updates and press releases pertaining to the myriad businesses operating within Costa Rica.

Related Articles