IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.30% USD/MXN17.40▼ 0.08% USD/CLP936.64▲ 0.10% USD/COP3,207▼ 1.50% USD/PEN3.40▲ 0.06% USD/ARS1,482▲ 0.29% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.90% BRENT 93.96 ▲ 3.24% WTI 86.71 ▲ 2.12% IRON ORE 161.91 — — COPPER 6.49 ▼ 0.33% GOLD 4,151 ▲ 1.95% SILVER 60.23 ▲ 2.36% SOY 1,237 ▲ 1.46% CORN 483.50 ▲ 6.79% WHEAT 702.75 ▲ 3.65% COFFEE 316.95 ▼ 4.52% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 149.05 ▲ 3.65% COTTON 81.36 ▲ 3.04% COCOA 5,332 ▼ 4.90% BEEF 219.75 ▼ 3.06% CATTLE 337.73 ▼ 3.38% LITHIUM 69.23 ▲ 0.21% PETR4 42.54 ▲ 2.11% VALE3 74.84 ▲ 3.60% ITUB4 42.69 ▲ 0.38% BBDC4 18.78 ▲ 1.24% ABEV3 16.13 ▲ 2.09% BBAS3 20.99 ▲ 0.53% B3SA3 15.72 ▲ 3.63% WEGE3 46.46 ▲ 9.39% PRIO3 59.24 ▲ 1.82% SUZB3 42.15 ▲ 1.25% RENT3 36.99 ▲ 1.20% AZZA3 17.63 ▲ 0.86% CSAN3 3.93 ▲ 3.97% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.87 ▲ 1.04% PSSA3 55.50 ▲ 3.78% CVCB3 1.22 ▲ 8.93% POSI3 3.74 ▲ 1.63% SLCE3 13.82 ▲ 0.51% NATU3 8.80 ▲ 1.03% BRKM5 6.12 ▲ 7.18% RANI3 8.01 ▲ 1.52% CSNA3 5.34 ▲ 5.53% CMIN3 5.82 ▲ 4.30% USIM5 8.68 ▲ 2.60% GGBR4 23.85 ▲ 1.53% ENEV3 25.84 ▲ 1.65% CPFE3 46.82 ▲ 0.91% CMIG4 11.18 ▲ 1.45% EQTL3 39.30 ▲ 1.21% LREN3 13.46 ▲ 1.43% VIVT3 35.41 ▼ 1.09% RAIL3 13.68 ▲ 3.32% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.32 ▲ 1.05% RDOR3 34.41 ▲ 1.44% HAPV3 11.38 ▲ 1.25% FLRY3 16.51 ▼ 0.24% SMTO3 16.03 ▲ 2.89% UGPA3 32.57 ▲ 2.36% VBBR3 34.70 ▲ 2.21% BBSE3 42.66 ▲ 2.67% BPAC11 56.77 ▲ 2.53% CURY3 30.22 ▲ 0.90% AERI3 2.05 ▲ 0.49% VIVARA 21.31 ▼ 0.47% COMPASS 24.78 ▲ 1.39% VAMOS 3.20 ▲ 3.56% SANB11 26.68 ▼ 1.95% ASAI3 8.43 ▲ 2.18% SBSP3 29.28 ▲ 2.38% WALMEX 48.61 ▼ 1.10% GMEXICO 213.98 ▲ 2.40% FEMSA 228.00 ▲ 0.56% CEMEX 22.15 ▲ 0.36% GFNORTE 190.37 ▲ 2.46% BIMBO 60.13 ▲ 1.25% TELEVISA 9.90 ▲ 1.43% AMX 22.65 ▼ 0.48% GAP 375.98 ▼ 0.67% ASUR 271.44 ▼ 1.28% OMA 228.83 ▲ 1.14% KOF 182.49 ▲ 1.12% GRUMA 279.90 ▼ 0.96% KIMBER 38.69 ▲ 0.76% SQM-B 64,811 ▲ 0.42% COPEC 6,550 ▲ 1.55% BSANTANDER 79.12 ▲ 0.14% FALABELLA 5,925 ▲ 0.10% ENELAM 84.53 — 0.00% CENCOSUD 2,015 ▼ 0.66% CMPC 1,075 ▼ 0.82% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 24.04 ▼ 0.66% YPF 82,150 ▲ 1.89% GGAL 8,235 ▲ 3.39% PAMPA 5,565 ▲ 1.64% TXAR 673.00 ▼ 0.88% ALUAR 969.00 ▼ 0.41% TGS 9,860 ▲ 1.54% CEPU 2,397 ▲ 2.44% MIRGOR 16,975 ▲ 1.19% COME 43.13 ▲ 0.61% LOMA NEGRA 3,725 ▲ 3.33% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,388 ▲ 3.11% ECOPETROL 16.79 ▲ 1.54% BANCOLOMBIA 84.61 ▲ 1.15% GRUPO AVAL 5.03 ▼ 1.18% CREDICORP 388.25 ▼ 0.73% SOUTHERN COPPER 194.58 ▲ 3.49% BUENAVENTURA 32.27 ▲ 3.25% MERCADOLIBRE 1,801 ▼ 1.20% NUBANK 14.04 ▼ 2.43% XP 17.13 ▲ 1.66% PAGSEGURO 9.60 ▲ 0.16% STONE 11.22 ▼ 0.31% GLOBANT 31.47 ▼ 1.96% TECNOGLASS 45.34 ▲ 0.42% GAP AIRPORT 216.06 ▼ 0.74% ASUR 271.44 ▼ 1.28% OMA AIRPORT 105.10 ▲ 0.83% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.71 ▲ 0.08% PETROBRAS ADR 18.96 ▲ 2.24% VALE ADR 14.78 ▲ 3.68% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.41 ▼ 0.09% AMBEV ADR 3.16 ▲ 1.45% CSN 1.07 ▲ 6.50% GERDAU 4.73 ▲ 1.84% LATAM ADR 51.11 ▼ 0.89% BTC 66,107 ▼ 0.60% ETH 1,942 ▲ 0.71% SOL 78.39 ▲ 0.36% XRP 1.15 ▲ 0.52% BNB 572.22 ▼ 0.24% ADA 0.18 ▲ 3.20% DOGE 0.07 — 0.00% AVAX 6.62 ▲ 0.89% LINK 8.67 ▲ 0.27% DOT 0.84 ▼ 0.21% LTC 47.13 ▲ 0.67% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.27% XLM 0.19 ▼ 1.03% HBAR 0.07 ▲ 4.13% NEAR 1.88 ▼ 2.69% ATOM 1.47 ▼ 1.22% AAVE 97.69 ▲ 2.22% SELIC 14.25% EMBRAER 83.70 ▲ 1.27% EMBRAER ADR 66.22 ▲ 1.15% JBS 12.18 ▲ 1.92% JBS BDR 61.48 ▲ 2.09% MBRF3 15.69 ▲ 3.84% MBRFY 3.07 ▲ 4.07% INTER 5.58 ▼ 0.09% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.42% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.14 — 0.00% USD/CNY6.77▲ 0.09% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD1.14▲ 0.11% GBP/USD1.34▼ 0.46% SPX 7,516 ▲ 0.09% DJI 52,290 ▲ 0.13% NDX 29,138 ▼ 0.06% RUT 2,965 ▼ 0.75% TSX 35,478 ▲ 0.31% VIX 16.77 ▼ 1.64% USD/CAD1.41▼ 0.10% US10Y 4.6540 ▲ 0.56% IBOV 176,140.57 ▲ 1.62% IPSA 10,974.16 ▲ 0.18% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.30% USD/MXN 17.40 ▼ 0.08% USD/CLP 936.64 ▲ 0.10% USD/COP 3,207 ▼ 1.50% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,482 ▲ 0.29% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.90% BRENT 93.96 ▲ 3.24% WTI 86.71 ▲ 2.12% IRON ORE 161.91 — — COPPER 6.49 ▼ 0.33% GOLD 4,151 ▲ 1.95% SILVER 60.23 ▲ 2.36% SOY 1,237 ▲ 1.46% CORN 483.50 ▲ 6.79% WHEAT 702.75 ▲ 3.65% COFFEE 316.95 ▼ 4.52% SUGAR 14.75 ▼ 0.87% ORANGE JUICE 149.05 ▲ 3.65% COTTON 81.36 ▲ 3.04% COCOA 5,332 ▼ 4.90% BEEF 219.75 ▼ 3.06% CATTLE 337.73 ▼ 3.38% LITHIUM 69.23 ▲ 0.21% PETR4 42.54 ▲ 2.11% VALE3 74.84 ▲ 3.60% ITUB4 42.69 ▲ 0.38% BBDC4 18.78 ▲ 1.24% ABEV3 16.13 ▲ 2.09% BBAS3 20.99 ▲ 0.53% B3SA3 15.72 ▲ 3.63% WEGE3 46.46 ▲ 9.39% PRIO3 59.24 ▲ 1.82% SUZB3 42.15 ▲ 1.25% RENT3 36.99 ▲ 1.20% AZZA3 17.63 ▲ 0.86% CSAN3 3.93 ▲ 3.97% RAIZ4 0.28 ▲ 3.70% PCAR3 2.70 ▼ 1.10% GMAT3 3.87 ▲ 1.04% PSSA3 55.50 ▲ 3.78% CVCB3 1.22 ▲ 8.93% POSI3 3.74 ▲ 1.63% SLCE3 13.82 ▲ 0.51% NATU3 8.80 ▲ 1.03% BRKM5 6.12 ▲ 7.18% RANI3 8.01 ▲ 1.52% CSNA3 5.34 ▲ 5.53% CMIN3 5.82 ▲ 4.30% USIM5 8.68 ▲ 2.60% GGBR4 23.85 ▲ 1.53% ENEV3 25.84 ▲ 1.65% CPFE3 46.82 ▲ 0.91% CMIG4 11.18 ▲ 1.45% EQTL3 39.30 ▲ 1.21% LREN3 13.46 ▲ 1.43% VIVT3 35.41 ▼ 1.09% RAIL3 13.68 ▲ 3.32% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.32 ▲ 1.05% RDOR3 34.41 ▲ 1.44% HAPV3 11.38 ▲ 1.25% FLRY3 16.51 ▼ 0.24% SMTO3 16.03 ▲ 2.89% UGPA3 32.57 ▲ 2.36% VBBR3 34.70 ▲ 2.21% BBSE3 42.66 ▲ 2.67% BPAC11 56.77 ▲ 2.53% CURY3 30.22 ▲ 0.90% AERI3 2.05 ▲ 0.49% VIVARA 21.31 ▼ 0.47% COMPASS 24.78 ▲ 1.39% VAMOS 3.20 ▲ 3.56% SANB11 26.68 ▼ 1.95% ASAI3 8.43 ▲ 2.18% SBSP3 29.28 ▲ 2.38% WALMEX 48.61 ▼ 1.10% GMEXICO 213.98 ▲ 2.40% FEMSA 228.00 ▲ 0.56% CEMEX 22.15 ▲ 0.36% GFNORTE 190.37 ▲ 2.46% BIMBO 60.13 ▲ 1.25% TELEVISA 9.90 ▲ 1.43% AMX 22.65 ▼ 0.48% GAP 375.98 ▼ 0.67% ASUR 271.44 ▼ 1.28% OMA 228.83 ▲ 1.14% KOF 182.49 ▲ 1.12% GRUMA 279.90 ▼ 0.96% KIMBER 38.69 ▲ 0.76% SQM-B 64,811 ▲ 0.42% COPEC 6,550 ▲ 1.55% BSANTANDER 79.12 ▲ 0.14% FALABELLA 5,925 ▲ 0.10% ENELAM 84.53 — 0.00% CENCOSUD 2,015 ▼ 0.66% CMPC 1,075 ▼ 0.82% BANCO CHILE 190.00 ▼ 0.01% LATAM AIR 24.04 ▼ 0.66% YPF 82,150 ▲ 1.89% GGAL 8,235 ▲ 3.39% PAMPA 5,565 ▲ 1.64% TXAR 673.00 ▼ 0.88% ALUAR 969.00 ▼ 0.41% TGS 9,860 ▲ 1.54% CEPU 2,397 ▲ 2.44% MIRGOR 16,975 ▲ 1.19% COME 43.13 ▲ 0.61% LOMA NEGRA 3,725 ▲ 3.33% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,388 ▲ 3.11% ECOPETROL 16.79 ▲ 1.54% BANCOLOMBIA 84.61 ▲ 1.15% GRUPO AVAL 5.03 ▼ 1.18% CREDICORP 388.25 ▼ 0.73% SOUTHERN COPPER 194.58 ▲ 3.49% BUENAVENTURA 32.27 ▲ 3.25% MERCADOLIBRE 1,801 ▼ 1.20% NUBANK 14.04 ▼ 2.43% XP 17.13 ▲ 1.66% PAGSEGURO 9.60 ▲ 0.16% STONE 11.22 ▼ 0.31% GLOBANT 31.47 ▼ 1.96% TECNOGLASS 45.34 ▲ 0.42% GAP AIRPORT 216.06 ▼ 0.74% ASUR 271.44 ▼ 1.28% OMA AIRPORT 105.10 ▲ 0.83% AMX ADR 26.00 ▼ 0.35% FEMSA ADR 130.96 ▲ 0.47% CEMEX ADR 12.71 ▲ 0.08% PETROBRAS ADR 18.96 ▲ 2.24% VALE ADR 14.78 ▲ 3.68% ITAU ADR 8.42 ▲ 0.18% SANTANDER BR 5.41 ▼ 0.09% AMBEV ADR 3.16 ▲ 1.45% CSN 1.07 ▲ 6.50% GERDAU 4.73 ▲ 1.84% LATAM ADR 51.11 ▼ 0.89% BTC 66,107 ▼ 0.60% ETH 1,942 ▲ 0.71% SOL 78.39 ▲ 0.36% XRP 1.15 ▲ 0.52% BNB 572.22 ▼ 0.24% ADA 0.18 ▲ 3.20% DOGE 0.07 — 0.00% AVAX 6.62 ▲ 0.89% LINK 8.67 ▲ 0.27% DOT 0.84 ▼ 0.21% LTC 47.13 ▲ 0.67% BCH 220.74 ▼ 1.32% TRX 0.33 ▼ 0.27% XLM 0.19 ▼ 1.03% HBAR 0.07 ▲ 4.13% NEAR 1.88 ▼ 2.69% ATOM 1.47 ▼ 1.22% AAVE 97.69 ▲ 2.22% SELIC 14.25% EMBRAER 83.70 ▲ 1.27% EMBRAER ADR 66.22 ▲ 1.15% JBS 12.18 ▲ 1.92% JBS BDR 61.48 ▲ 2.09% MBRF3 15.69 ▲ 3.84% MBRFY 3.07 ▲ 4.07% INTER 5.58 ▼ 0.09% EGX 53,932 ▼ 0.11% USD/ZAR 16.40 ▼ 0.38% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.14 — 0.00% USD/CNY 6.7612 ▲ 0.06% DAX 25,155 ▲ 0.58% CAC 8,438 ▲ 0.89% FTSE 10,717 ▲ 1.24% MIB 52,792 ▲ 0.97% IBEX 19,571 ▲ 0.99% STOXX 646.93 ▲ 0.58% EUR/USD 1.1414 ▲ 0.09% GBP/USD 1.3373 ▼ 0.04% SPX 7,516 ▲ 0.09% DJI 52,290 ▲ 0.13% NDX 29,138 ▼ 0.06% RUT 2,965 ▼ 0.75% TSX 35,478 ▲ 0.31% VIX 16.77 ▼ 1.64% USD/CAD 1.4091 ▼ 0.11% US10Y 4.6540 ▲ 0.56%
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Wednesday, July 22, 2026

Latin America Central America

How Costa Rica’s Peaceful Image Became a Cocaine Highway

By · September 19, 2025 · 2 min read

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Costa Rica built its global reputation on peace—no army, strong social services and lush national parks earned it the nickname “Central America’s Switzerland.”

Yet geography and growing inequality have turned it into a crucial link in cocaine’s journey from South America to the world’s largest markets.

Long coastlines, busy ports and under-resourced police make Costa Rica a natural drug transit zone. Cartels hide tonnes of cocaine in pineapple and banana shipments or load it onto semi-submersible vessels.

In January–September 2024 alone, authorities seized 32.1 tonnes of drugs, including 20.5 tonnes of cocaine. What once was strictly a pass-through route is now fueling local violence.

By mid-September 2025, 614 homicides were recorded—over 400 linked to gang turf wars. If trends continue, the year will approach 900 killings, shattering Costa Rica’s historic peace.

How Costa Rica’s Peaceful Image Became a Cocaine Highway. (Photo Internet reproduction)
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In September 2025, the U.S. State Department labeled Costa Rica one of 23 major transit or illicit production countries. Officials stress the designation reflects geography, not a lack of effort.

Security Minister Mario Zamora highlights 35 years of anti-drug collaboration with the U.S. and neighboring states, and recent praise from U.S. Homeland Security Secretary Kristi Noem.

Rising inequality adds fuel to the crisis. Costa Rica’s Gini index hit 49.2 in 2024, among the highest in the OECD. Poverty pockets and underfunded courts create openings for criminal groups to recruit and hide.

Costa Rica remains the most peaceful in its region—54th in the 2025 Global Peace Index—but its model of security is under siege.

Experts call for stronger maritime patrols, tighter financial controls and deeper regional cooperation. Without swift action, the country risks losing the peaceful legacy that once defined it—and the world should watch closely.

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