Trade relations between Central America and Spain are going through one of their best moments since the the Trade Pillar of the Association Agreement between Central America and the European Union in 2013 came into effect. Entrepreneurs have a great investment opportunity in one of the remaining untapped markets.
Spanish companies in Central America are in a privileged position
The entrepreneurial opportunities in Central America for Spanish companies are excellent. We are in a privileged position because of close ties with countries such as Honduras and Nicaragua. Spanish imports of goods from the region grew by 11.3% during 2020 alone.
In addition, they account for 14 % of total EU imports. Therefore, the influence of Spanish companies in Central America is very strong. In fact, recently, the Secretary of State for Trade highlighted Guatemala as one of Spain’s main strategic partners in the Central American region.
In conclusion, the trend is for trade relations between Central America and Spain to maintain this upward commercial tendency and become one of the main markets to keep in mind in the future. Visit our website and find the incredible experience of discovering