Sunday, February 9, 2020

Flower Exportation in Costa Rica Increases

After a two-year fall in the sale of flowers from Costa Rica, 2019 was the year that reversed the trend, bringing an increase of 5.3% over 2018. Producers expect that the increase will be maintained for at least the next two years.

The Central Bank highlighted recovery in the agricultural sector which includes flower production. According to the Foreign Trade Promoter, while the total in sales for 2019 was $29.8 million, up from $28.3 million in 2018, it’s still nowhere near the $38.6 million sold in 2016.

92% of flower sales from Costa Rica go to the United States. Central American countries, Canada, and Holland also purchase them. There are cycles that affect the global economy and the economy of each country. Right now, the U.S. is in a good period of consumption.

The rebound in agricultural production and exports reflects the normalization of weather conditions. There’s been a great increase in coffee because of the recovery of plantations that were in a period of renewal.

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