Transcript Costa Rica

Learning about
Costa Rica
Costa Rica is located in Central America
INVIRTIENDO EN COSTA RICA / LOCALIZACIÓN ESTRATÉGICA
Costa Rica: General Information
 Approx. Area 51,000 km2
 Population: 4.5 million
 GDP per capita 2009: US $6,494
 Life Expectancy: 78.3 años
 Literacy: 94.9%
 25% protected territory
 6% of the world’s biodiversity
 Tradition of peace and stability (army
abolition in 1948)
The GDP per capita growth shows a generalized
perception of economic prosperity
 It has one of the highest
GDP per capita in Latin
America
10,000
8,782
9,000
8,357
7,946
8,000
7,350
6,583
 GDP per capita(US$) for
the year 2010 was three
times higher than in 1991.
US$ / habitante
7,000
6,345
5,925
6,000
5,174
5,000
4,451
4,213 4,284
4,185 4,199
4,680
4,000
3,000
 During the past 28 years,
poverty has been reduced
in 55%.
2,000
1,000
0
Fuente: CINDE con base en datos del FMI, 2011
INVIRTIENDO EN COSTA RICA / EXCELENTE CLIMA DE NEGOCIOS
9,132
9,400
Costa Rica is internationally recognized for its
tradition of peace and stability
Estabilidad Política
Ranking Latinoamericano
Uruguay
Chile
Costa Rica
Panamá
El Salvador
Argentina
Brasil
Honduras
Nicaragua
Guatemala
México
Paraguay
Ecuador
Perú
Bolivia
Venezuela
Colombia
1

Presidential System

Three independent powers
2
3
4
5
6
7
8
9
10
11
Periods of 4 years with the
possibility of reelection

12
13
14
15
16
17
FOTO: GLORIA CALDERÓN
Fuente: “Worldwide Governance Indicators”, Banco
Mundial. 2010
INVIRTIENDO EN COSTA RICA / EXCELENTE CLIMA DE NEGOCIOS
A green country
Costa Rica: Environment oriented
 More than 25% of territory is
protected under the National System
of Conservation Areas.
 First tropical nation to reverse
deforestation.
 Commitment of being a Carbon
Neutral country by the year 2021.
 Policy of green- investment attraction.
Costa Rica: Innovation oriented
 Ranked 54th (of 144 countries) in the Human Development
Index (2008 HDI Report, UNDP)
 2th Most Competitive Country in Latin America (2009 World
Economic Forum/ Global Competitive Index)
 4th High-Tech Exporter of the world (World Development
Indicators 2009, World Bank)
 “Central American Country of the Future” (2009-2010 FDI
Magazine)
Costa Rica: Innovation oriented
Ranked 2nd in Latin America in the Global Information
Technology Report (Place 56 of 134 economies, 2009)
Costa Rica is among Latin America's five best Internet
penetration performers (Information economy report UNCTAD
2009)
San Jose is among the top cities to provide Outsourcing
Services. (Black Book of Outsourcing. Brown-Wilson Group
2009)
Exceptional Access to the main
global markets
Free tariff access
Preferential access through GSP
FTAs in negotiation
 Access to Markets: 2.3
billions of people, more
than 68% of global GDP
 Free trade Agreements:
90% of Costa Rica’s
goods export
CANADÁ
MÉXICO
ESTADOS UNIDOS
REPÚBLICA
DOMINICANA
CENTROAMÉRICA
CARICOM
PANAMÁ
 Agreements on
Investment Promotion
and Protection with 15
countries
INVIRTIENDO EN COSTA RICA / LOCALIZACIÓN ESTRATÉGICA
PERU
CHILE
UNIÓN
EUROPEA
ASIA
CHINA
SINGAPUR
Evolution of Foreign Trade
2000-2010 / Million US$
1000
800
600
400
Exports
200
Imports
0
Balance
1999
2000
2001
-200
-400
-600
-800
Source: PROCOMER
2002
2003
2004
2005
2006
2007
2008
2009
2010
From coffee and bananas to microchips…
Diversification of our export offer
100%
90%
88%
90%
90%
90%
89%
91%
86%
14%
12%
10%
10%
10%
11%
9%
80%
70%
72%
60%
57%
50%
43%
40%
30%
54%
46%
28%
20%
10%
0%
1963
1972
1985
2001
Coffee, Bananas
2003
2005
2007
Non traditional products
Traditional
Non traditional
Fuente: PROCOMER
2006
2008
2009
Amount of exported products
1986-2009 / HS Codes
Amount of exported products 1986- 2006
4500
4116
4000
3644
3500
3077
3000
3261
2500
Amount
2000
1500
1000
799
500
395
0
1986
Source: PROCOMER
1989
1993
1999
Year
2005
2009
Main sectors for Investment
•
•
•
•
•
Electronics
Tourism
Services – Call Centers
Software Development
Medical Devices
Costa Rica and
China
Evolution of Costa Rica – China Trade
Source: COMEX, PROCOMER and BCCR
A new friendship
- Uprooting poverty
- Protecting the environment
- Promoting development
are common challenges that both China
and Costa Rica face.
A new friendship
Country
Position
HDI Value
Life expectancy at birth
Norway
1
0.971
80.5 years
Australia
2
0.970
81.4 years
Iceland
3
0.969
81.7 years
Canada
4
0.966
80.6 years
USA
13
0.956
79.1 years
Singapore
23
0.944
80.2 years
Costa Rica
54
0.854
78.7 years
China*
92
0.772
72.9 years
*Does not include Hong Kong
Source: Human Development Index 2009
A new friendship
• Costa Rica and China started their
diplomatic relations in 2007
• Costa Rica is the first Central American
country to have relations with China.
A new friendship
President Hu
Jintao visited
Costa Rica in
November
2008.
A new friendship
The FTA between China and Costa Rica was signed in
April 2010.
Free Trade Agreement between Costa Rica and
China
In brief, the negotiation of
the Treaty started in January
2009 and after 6 negotiation
rounds it was signed on
April 8th, 2010.
The Treaty entered into force on August 1st.
The Free Trade Agreement
• Costa Rica exports to China : computer parts,
controllers and processors, leather goods
among 141 different products
• China to CR: main product iron or steel
products; the second product is shoes and
third black beans. Total products exported to
Costa Rica in 2008 were 3.417
• -For Costa Rican exports 99,6% will have preferential treatment.
Products such as: frozen orange juice, tilapia, shrimp, flowers,
plants, cocoa, yucca, paint, chocolates, palm heart, rum and
leather goods.
• -For China as to their rules and regulations, 57% of imports
won’t pay tax or so called duties in products such as meat, fish,
chicken eggs, frozen calamari, garlic, eggplant, huts, pears,
apples, oats, soya beans, textile goods, musical instruments
and shoes.
What the future holds…
• Increase in trade
- Purchasing of raw materials to increase
competitiveness.
- Exploitation of niche high-growth consumption.
- Linkage to dynamic productive activities in
China (local consumption + export)
- Supporting the implementation of the FTA
What the future holds…
• Costa Rica as a platform for Chinese
investment in the region
- Complementarity of the economies.
- Generation of strategic alliances.
- Bridge to access to markets with preferential
tariffs.
• Cooperation
- Science, technology and innovation
- Education
- Culture
谢谢！
Embassy of Costa Rica to the People’s Republic of
China
www.costaricaembassycn.com
T:+ (86) 10 6532-4157
F:+ (86) 10 6532-4546
Jianguomenwai Waijiaogongyu 1-5-41