Standard Owner Benchmark - PROCOMER

By CommonShare

PROCOMER, which stands for Promotora del Comercio Exterior de Costa Rica, is the Costa Rican Foreign Trade Promoter. Established in 1996, PROCOMER is a government agency responsible for facilitating and promoting Costa Rica's exports and attracting foreign investment.

The main objective of PROCOMER is to support the growth and competitiveness of Costa Rican businesses in international markets. The agency offers a comprehensive range of services and programs to assist exporters and investors, fostering economic development and diversification.

One of PROCOMER's key functions is market research and intelligence. The agency collects and analyzes data on global market trends, consumer behavior, and trade regulations to provide valuable insights to Costa Rican companies. This information helps exporters identify new opportunities, understand market dynamics, and develop effective export strategies.

PROCOMER also plays a crucial role in export promotion. The agency organizes trade missions, participates in international trade fairs and exhibitions, and provides networking opportunities for businesses to showcase their products and services. Through these initiatives, PROCOMER helps Costa Rican exporters connect with potential buyers, expand their market reach, and increase export volumes.

In addition to export promotion, PROCOMER actively attracts foreign investment to Costa Rica. The agency promotes the country's competitive business environment, skilled workforce, and investment incentives to international investors. PROCOMER provides guidance and support throughout the investment process, facilitating the establishment of new businesses and partnerships in Costa Rica.

Furthermore, PROCOMER collaborates with other government agencies to streamline trade procedures and reduce barriers. The agency works towards simplifying customs processes, implementing digital platforms for trade documentation, and ensuring compliance with international trade regulations. By enhancing trade facilitation, PROCOMER aims to improve the efficiency and competitiveness of Costa Rican businesses in global markets.

PROCOMER's efforts have significantly contributed to Costa Rica's economic growth and diversification. The agency has played a vital role in positioning the country as a leading exporter of agricultural products, electronics, medical devices, and other high-value goods. Furthermore, foreign direct investment attracted through PROCOMER's initiatives has bolstered various sectors, including technology, manufacturing, and services, stimulating job creation and economic development.

Through its comprehensive range of services and strategic initiatives, PROCOMER continues to drive Costa Rica's international trade and investment activities. By supporting businesses, facilitating exports, and attracting foreign investment, the agency contributes to the country's sustainable development and global competitiveness.

Overall Rating

2.4
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.

How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.