Fruit, Coffee And Timber; The Three Commodities Boosting The Economy Of Costa Rica

We are delighted to announce that the Commodities Map is now live and reveals the importance of a number of commodities to 16 key economies around the world. The fully interactive map and the research paper can be read here. This is our second piece of significant, original research and follows the Alternative Investment Index which launched earlier in the year.

The Commodities Map provides insight into the international network of resource rich nations defining the landscape of commodity investments as we know it today. The research offers an economic profile and analysis of the trade and consumption of key resources for 16 nations across the world, each of which contributes to this international network of resource rich economies.

To accompany the Commodities Map, we have developed a series of articles focused on some of the leading nations in the provision of natural raw commodities. Previous articles have focused on Sri Lanka and Malaysia. In the third of this series, our attention now turns to the commodities of Costa Rica.

Costa Rica is an upper middle-income country with a GDP of $45.10 billion in 2012. The Latin American economy is largely export orientated and has experienced a steady expansion over the last 25 years. This long-term growth has been driven by an openness to foreign investment and gradual trade liberalization as the country has increased its dependence on the global economy since the 1980s.

In the last 10 years, there has been significant variance in the economy’s annual growth figures. In spite of this, Costa Rica only entered recession in 2009 (the economy declined by 1%). Since then, it has returned to growth and is significantly outperforming the Latin American average. In 2012, GDP rose by 5.1% and in 2013, a further 3.4%. Between 2014 and 2016, it is predicted that the country will expand by at least 4% per annum.

Costa Rica is dependent on its thriving commodities outputs, for both domestic consumption and exports; its key trading partners include the US (30% of all exports) China and Mexico. Commodities which are relied on for ensuring prosperity include a number of fruits, coffee beans and timber.

Contact Us

Asher HouseBarsbank Lane, Lymm, Warrington WA13 0ED,

United Kingdom+44 1925 750985

www.avacadeinvestments.com