Costa Rican exports show substantial gain over 2011

Costa Rica’s exports increased in the first three months of the year, according to data released Monday.

Total exports were about $2.9 billion, some $403 million higher than the same period in 2011, said the Promotora del Comercio Exterior de Costa Rica.

The promotional organization said the increase was 16.1 percent.

The promotional organization said that exports from the so-called free zones were responsible for much of the increase. Exports in the first three months of 2012 were $1.5 billion compared to the $1.23 billion in 2011, the organization said.

The manufacturing sector, including Intel Corp. chips, showed an increase of 19 percent, said the data.

Some 41.9 percent of the exports went to North America and 18.8 percent went to Europe.

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