Isthmus Textile Exports Drop by More Than 18%

In January, textile exports decreased between 18% and 40% in 5 Central American countries.

Wednesday, March 25, 2009

The fall in revenue was 40% in Costa Rica, 36% in Guatemala, 22% in Nicaragua and 18% in both Honduras and El Salvador.

The statistics were reported by the secretary of the Free Trade Zones Corporation of Nicaragua and published in an article by AFP in Nacion.com.

In relation to the volume of sales abroad, decreases were also significant: 35.2% in Guatemala, 27.56% in Costa Rica, 26.8% in El Salvador, 16.2% in Honduras and 8% in Nicaragua."



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Continuing Growth in Nicaragua's Textile Sector

November 2011

By September 2011, exports of Nicaraguan textiles and clothing had reached $1007 million, 37% more than in the same period in 2010.

The growth rate of exports from Nicaraguan free zones engaged in the textile industry is still by far the highest in Central America.

The lastest report from the Nicaraguan Association of the Textile and Apparel Industry (Anitec), indicated that while this sector had grown 37% in Nicaragua, the rate was 17.4% in Guatemala, 13.5% in Honduras and 9.9% in El Salvador, while Costa Rica registered a decrease of -2.7%.

Nicaraguan Textiles Lead in Central America

July 2011

Between January and May sales grew by 25% compared to the same period in 2010.

The rise in sales to the U.S. was higher than to countries like El Salvador, Honduras and Guatemala, which increased by 19%, 17% and 13% respectively in the same period.

With the 25% increase, Nicaraguan exports went up from $381.1 million to $476.7 million.

New Markets for Guatemalan Textiles

October 2010

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

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, "...

Salvadoran Textile Exports Would Increase by 7%

March 2009

The textile sector foresees a 7% increase in exports for 2009, despite the economic crisis.

La Prensa Grafica published on its website: "However, according to businessmen in the sector, this prospect for growth might not be met due to local bank credit restrictions, not necessarily because of the fall in demand in the North American country.

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