EENI-Business School

Central American Foreign Trade and Economy

Syllabus of the Subject: Economy and Foreign Trade of Central America. Panama, Guatemala.

  1. Central America region: Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama
  2. Central American Economy
  3. International Trade of Central America
  4. Foreign Direct Investment (FDI) in Central America
  5. Central American Integration System (SICA)

The objectives of the subject “Economy of Central America” are the following:

  1. To know the economic profile of the Central American Countries
  2. To analyse the strengths and trends of the Central American Economy
  3. To evaluate the Central American foreign trade and direct investment flows
  4. To understand the role of the Central American Integration System in the region
The Subject “Central American Economy and International Trade” is part of the following programs:
  1. Masters (e-learning): International Business, America
  2. Doctorate in Business in America
  3. Course: Central America

Languages of study English or Spanish America Central French Amerique Centrale

  1. Credits of the subject “Central American Economy”: 1 ECTS Credits
  2. Duration: one week

Sample of the subject “Central American Economy”
Central American Economy

Description of the Subject: Economy and Foreign Trade of Central America

The region of Central America consists of Guatemala, Belize, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama.

Owing to the recent political and economic integration in Central America (Central American Common Market, Central American Integration System (SICA), CARICOM) in this analysis we include the Dominican Republic, geographically linked to the Caribbean, but economically linked to Central America.

All these countries belong to the Latin American Economic Area of the Western Christian Civilisation.

The Central American Economy (the sum of the economies of all countries in the region), represents the sixth largest economy in Latin America (after Brazil, Mexico, Argentina, Colombia, and Peru).

The total International trade in goods between Central America markets and the rest of the world has been developed positively in recent years.

  1. The United States is the main trade partner of Central America (31.6% of the total exports of the region and the 33.4% of the total imports)
  2. Four export products (coffee, bananas, integrated circuits, and parts for machines) stand for 25.1% of the total exports to the world
  3. The largest imports countries of Central America are the United States and South America (Brazil, the Republic of Colombia, Venezuela, and Argentina)
  4. The Central American Common Market (MCCA) is the second-largest trading partner of the Central American Countries (29.4% of exports and 12.7% of imports)

The Central American region has a population of 41,739 millions of people, and an area of 522,760 square kilometres (1% of the World area).

Country (Capital) - Population (in million)
- Belize (Belmopan): 322,100
- Costa Rica (San Jose): 4,579
- El Salvador (San Salvador): 7,185,218
- Guatemala (Guatemala City): 14,027
- Honduras (Tegucigalpa): 7,466
- Nicaragua (Managua) 5,743
- Panama (Panama City): 3,454

Central American Integration System (SICA)

Central American Common Market

(c) EENI- Business School