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Costa Rica's economy was historically based on agriculture, and this has had a large cultural impact through the years. Costa Rica's main cash crop, historically and up to modern times, was Bananas. The coffee crop had been a major export, but decreased in value to the point where it added only 2.5% to the 2013 exports of the country. [61]
The main exports include: bananas, pineapples, coffee, sugar, rice, vegetables, tropical fruits, ornamental plants, corn, potatoes and palm oil. Almost 10% of Costa Rica's land use is devoted to agriculture. 21% of its land is irrigated mainly with surface water. Development and economic growth within the country is due to hastened agricultural ...
In 2006, coffee was Costa Rica's number three export, [1] after being the number one cash crop export for several decades. In 1997, the agriculture sector employed 28 percent of the labor force and comprised 20 percent of Costa Rica's total GNP. [2] Production increased from 158,000 tons in 1988 to 168,000 tons in 1992.
The special regime accounted for 63.96% of exports and 21.03% of imports, whereas the definitive regime represented 34.74% of exports and 78.31% of imports. The main Costa Rican export products in 2023 were medical instruments and devices at $2.316 billion (13%), other needles and catheters, cannulas, and similar instruments at $2.097 billion ...
Real GDP per capita development in Costa Rica An Intel microprocessor facility in Costa Rica that was, at one time, responsible for 20% of Costa Rican exports and 5% of the country's GDP The country has been considered economically stable with moderate inflation, estimated at 2.6% in 2017, [ 59 ] and moderately high growth in GDP, which ...
The Ministry of Foreign Trade (Spanish: Ministerio de Comercio Exterior, COMEX) is the government ministry of Costa Rica responsible for defining and directing the country's external trade and foreign investment policy, as well as handling non-contentious international administration and representing the Costa Rican state abroad in trade and investment matters.
Since 1999, tourism earns more foreign exchange than the combined exports of the country's three main cash crops: bananas, pineapples and coffee. [1] Coffee production has played a key role in Costa Rica's history and economy, and by 2006, was the third cash crop export. [1]
Costa Rica's major source of export income is technology-based. Microsoft, Motorola, Intel and other technology-related firms have established operations in Costa Rica. Local companies create and export software as well as other computer-related products. Tourism is growing at an accelerated pace, and many believe that income from this tourism ...