Central America-South Korea trade deal

South Korea and five Central American countries have signed a free trade deal to gradually eliminate duties on over 95 percent of goods within the next ten years


SOUTH KOREA  $1.08bn Exports to Central America* (2016)
$128m
EL SALVADOR Exports to South Korea $12.9m
$117m
HONDURAS  $47.5m
$128m
NICARAGUA  $11.9m
$257m 
COSTA RICA  $133m
$91.9m
PANAMA   $339m


MEXICO
Belize City  
BELIZE
GUATEMALA
Guatemala
EL SALVADOR
San Salvador
NICARAGUA
Managua
HONDURAS
Tegucigalpa
COSTA RICA
San Jose
PANAMA
Panama
COLOMBIA

400km
250 miles


*Members of free trade deal. Excludes Guatemala and Belize which imported almost $360m from South Korea in 2016

Sources: World Bank, Observatory of Economic Complexity, MIT Media Lab    © GRAPHIC NEWS