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Costa Rica lags behind in competitiveness

Friday, February 28, 2014

Conditions have improved for Costa Rican exporters after the country's currency, the colón, has dropped 10 percent in value.

However, the devaluation of the currency is making Costa Rica less competitive against other regional countries with similar export products, Costa Rican daily La República reported.

One solution to boost competitiveness is to offer products with added value, such as Café Britt, a company that started selling coffee beans and now exports a range of products including gourmet drinks and chocolate-based candy.

Full story (in Spanish)