Country Information Export Development Canada South and Central America and the Caribbean

Costa Rica

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Evaluating the market in Costa Rica

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EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium Risk

Medium Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Costa Rica

The Canada-Costa Rica FTA has been in place since November 2002 which has significantly increased bilateral trade. Efforts to modernize the FTA between Canada and Costa Rica are being explored. A friendly investment environment has made Costa Rica one of the most attractive destinations for private investment in region. The medium term economic outlook is broadly positive due to high levels of social development and education, fairly strong institutions, and higher human capital and skill relative to regional reers. Current efforts to address the high energy costs, inefficient government bureaucracy and poor transportation infrastructure will also increase its competitiveness. 
  • Construction & Infrastructure 
  • Power
International Trade Solutions

We understand opportunity

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC