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In 2017, the retail industry continued its planned expansion with major retailers increasing their presence in the small store segment, targeting customers who shop in convenience....
U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
The United States exported over $1 Billion in U.S. consumer-oriented foods and fish products to the Caribbean Basin in 2016.
Transgenic seed varieties have been grown in Costa Rica since 1992 with all seeds being exported to other countries.
After rebounding in 2015/2016 to 8.2 million boxes (40.824 kg.), Costa Rica’s 2016/2017 citrus crop was lower than previously expected reaching 7.9 million boxes.
Costa Rica has a well-developed, competitive hotel/restaurant/institutional (HRI) sector.
Biotech regulations have been virtually non-existent in the Caribbean. However, that may change in the years ahead....
Tourism, agriculture, high technology and services are driving Costa Rica’s economy.
Tropical Storm Nate passed through Costa Rica in early October causing widespread damage to infrastructure and to agriculture.
Based on preliminary data, Costa Rica’s 2016/2017 coffee crop reached 1,347,000 60 kilogram bags.
Costa Rica’s sugar cane production is forecast to increase 1.47 percent in 2016/2017 reaching 449,000 MT - slightly higher than the 446,000 MT produced in 2015/2016.
According to U.S. Customs data, U.S. exports of beef and beef products to Costa Rica reached a record $15.1 million in 2016 – significantly higher than the $1.7 million exported in 2009....