New Markets for Guatemalan Textiles

Since March, Colombia and Venezuela have become new markets for Guatemalan textiles.

Wednesday, October 6, 2010

Exports since March to these countries have totaled $ 23.1 million.

Ligia Barrios, marketing coordinator of Costume and Textiles Committee (Vestex) of the Guatemalan Exporters Association, explained to Prensalibre.com, "... that even though sales are still low compared with those made to EE.UU., Central America and Mexico, the aim is open new markets.”

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More on this topic

Guatemala: Textile Exporters Regain Levels

February 2012

Businessmen say that clothing and textiles have regained the export levels of pre 2008-2009, when sales plummeted by 30%.

The president of the Garment and Textile Committee (Vestex), Carlos Arias, said that in 2008 and 2009 the industry saw sales drop by 30%. This meant that 15,000 people lost their jobs.

Improved Outlook for Guatemalan Apparel Industry

April 2010

In the first quarter of the year, apparel exports to the U.S. were 30% higher than the same period of 2009.

Data from Vestex (Apparel and Textile Commision) shows that between January and March, this industry exported $294.2 million, 30% more than the same period of 2009, when it sold $225.4 million.

Guatemalan Textile Exports Down 15.5% in 2009

January 2010

The country exported $1.28 billion worth of apparel in 2009, 15.5% less than in 2008.

Data from Vestex, the Apparel and Textile Commission, shows that Guatemala sold $1.52 billion in 2008, and that exports have fallen 37.9% in the past 5 years.

"Alejandro Ceballos, head of Vestex, blamed the U.S. recession in 2008 and 2009, as that country is the top destination for Guatemalan textile exports", reported Prensalibre.com.

Guatemala: 12.7% Increase in Textile Exports

May 2009

During the month of April 2009, there were $87.4 million exported to the US, Guatemala’s main trading partner, 12.7% higher than what was exported in March.

Alejandro Ceballos, president of the Committee of Textiles and Clothing (VESTEX), believes that the sector will show greater recovery in July, when the strong season will begin in the US for the sector.

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