Textile sector: Production Becomes More Expensive in El SalvadorSalvadoran textile companies state that the costs of labor, security and delivery times have made the sector's operations more expensive.Thursday, December 21, 2017
The recent increase in the minimum wage is one of the factors that has had a direct impact on the cost structure of Salvadoran textile companies. Added to this are logistical difficulties in customs offices, which have caused companies from neighboring countries to obtain contracts that were originally planned for El Salvador. Source: eldiariodehoy.com ¿Busca soluciones de inteligencia comercial para su empresa?Mixed Results for the Textile Industry in 2017December 2017 Salvadoran textile companies report that between January and October exports of textiles and clothing grew by 3%, but the maquila sector went down by almost 9% compared to the same period in 2016. El Salvador: Textile Industry Lose CompetitivenessMarch 2017 The Salvadoran union has stated that excessive bureaucracy and high production costs are the main factors that could be encouraging some textile mills to reduce operations in the country. Honduras: $73 million Textile PlantFebruary 2017 The new plant, which a Honduran and Salvadoran consortium have started building in Choloma, will have capacity to produce 200,000 tons of synthetic yarn per year. Honduras: $1.946 billion in Maquila ExportsSeptember 2014 80% of the volume exported by the Honduran maquila sector in the first half of 2014 corresponds to textiles, 15% to harnesses, and the remaining 5% to other goods.
×
ok |
|