EENI Global Business School

Trade and Business in Nicaragua, Managua

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Syllabus of the Subject: Foreign Trade and Business in Nicaragua - Managua

  1. Introduction to the Republic of Nicaragua (Central America)
  2. Nicaraguan Economy
  3. International Trade (Import, Export) of Nicaragua
  4. Foreign Direct Investment (FDI) in Nicaragua
  5. Doing Business in Managua
  6. Case Study: Business Opportunities in Nicaragua
    1. Textiles
    2. Tourism
    3. Business Process Outsourcing
    4. Manufacturing
    5. Nicaraguan Agribusiness
    6. Energy
  7. Case Study: Pellas Group
  8. Access to the Nicaraguan Market
  9. Business Plan for Nicaragua

The objectives of the subject “Foreign Trade and Business in the Republic of Nicaragua” are the following:

  1. To analyse the Nicaraguan Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Republic of Nicaragua
  3. To explore the Nicaraguan trade relations with the country of the student
  4. To know the Nicaraguan Free Trade Agreements
  5. To examine the profile of Nicaraguan Companies
  6. To develop a business plan for the Nicaraguan Market

Sample - Foreign Trade and Business in Nicaragua
e-Course: Foreign trade and Doing Business in Nicaragua

The Subject “Foreign Trade and Business in Nicaragua” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
  1. Masters: Business in America, International Business, Foreign Trade
  2. Doctorates: American Business, World Trade
  3. Course: Business in Central America

Learning materials in Courses, Masters, Doctorates in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Nicaragua Study, Course Master Doctorate in International Business in French Nicaragua Masters Foreign Trade in Portuguese Nicarágua

Online Students, Master in International Business and Foreign Trade

  1. Credits of the subject “Foreign Trade and Business in Nicaragua”: 1 ECTS Credits
  2. Duration: one week

Online Education (Courses, Masters, Doctorates): Business in Central America

Description: Trade and Business in Nicaragua.

Central American Integration System (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama)

Online Education (Courses, Masters, Doctorates): Trade Facilitation Programs. TFA Agreement

Mesoamerica Project (Mexico, Belize, Colombia, Costa Rica, Guatemala)

Online Education (Courses, Masters, Doctorates): Latin American Economic Integration

Bolivarian Alliance for the Peoples of Our America (ALBA) Venezuela, Cuba, Nicaragua, Dominica, Honduras, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Antigua and Barbuda

The Republic of Nicaragua.

  1. The population of the Republic of Nicaragua (6 million) is very young (80% under the age of 39)
  2. Managua, the capital of the Republic of Nicaragua, has a total population of 1.3 million people; 27% of the population of Managua (350,000) are between 20-34 years
  3. Nicaraguan official language: Spanish
  4. Nicaragua has an advantaged location on the American continent (2'30 hours by Air, three days by sea from the United States)
  5. Nicaragua shares borders with Honduras and Costa Rica
  6. Nicaragua is the biggest nation in Central America (130,600 square kilometres)
  7. Nicaragua gained the independence from Spain in 1811
  8. Abolition of Slavery in Nicaragua: 1836
  9. African Diaspora in Nicaragua: 0.5 million people (9% of the Nicaraguan population)
  10. Political crisis

Religion in Nicaragua: Christianity (Catholicism: 2.6 million)

Nicaragua belongs to the Western Civilisation - Latin American area

Online Education (Courses, Masters, Doctorates): Christianity and Global Business (Catholicism, Protestantism)

Nicaraguan Economy (Doctorate, Master, Course)

Nicaraguan Economy

  1. The Republic of Nicaragua is one of the top economies in the Central American region with the most favourable conditions for doing business (World Bank).
  2. Nicaragua has a 22,000 kilometres of road network connecting Managua (the Capital of Nicaragua) to all the main cities
  3. The Pan-American Highway (370 kilometres) connects Nicaragua with Honduras and Costa Rica
  4. The telecommunication sector is completely privatised and is considered to be one of the most modern in Central America
  5. On the Latin American Globalisation Index, Nicaragua was ranked as the third most globalised country in Latin America
  6. The flight time from Managua to the United States is two hours by plane and three days by ship. This proximity of Nicaragua to North America, Central, and South America positions it as very interesting facilities for companies exporting to these markets
  7. Nicaraguan Gross Domestic Product: 6,400 million
  8. Agribusiness, fisheries, and forestry accounted for 19% of the GDP of Nicaragua
  9. In the Republic of Nicaragua, there are thirty-eight industrial parks, mainly in the textile and clothing sector and manufacturing sector (especially medical devices)
  10. Nicaraguan Currency: Córdoba

United States-Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua) Free Trade Agreement (FTA)

Foreign Trade of Nicaragua

  1. Nicaraguan total exports: 2,700 million dollars
  2. Nicaragua is an excellent export platform for access to regional markets (Mexico, Central and South America, and the Andean Countries)
  3. Nicaragua is a member of the Central American Common Market
  4. Nicaragua is the third most globalised nation in Latin America (Latin American Globalisation Index)
  5. Main Export Markets of the Republic of Nicaragua are the United States, Central American Common Market, European Union (EU), Mexico, and Japan
  6. The main import partners of Nicaragua are the United States, Mexico, Costa Rica, Venezuela, Guatemala, and El Salvador
  7. The Inter-American Development Bank forgives 50% of Nicaraguan foreign debt

Foreign direct investment (FDI) in Nicaragua.

  1. Total FDI: 434.2 million dollars
  2. The main sectors receptors of foreign direct investment: energy, telecommunications, and Free Zones

Central American Common Market: Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica

Nicaragua Textiles

Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua)-Panama Free Trade Agreement (FTA)

European Union-Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua) Free Trade Agreement (FTA)

Mexico-Nicaragua Free Trade Agreement (FTA)

Taiwan-Nicaragua Free Trade Agreement (FTA)

Chile-Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua) Free Trade Agreement (FTA)

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