Textile production in Nicaraguan Free Zones drop

Income from textile exports dropped in August 2008 compared to the same month in 2007, from %96.5 million to $74.5 million this year.

Tuesday, October 21, 2008

According to data from the National Free Zone Commission, the reduction in exports reveals that the crisis in the textile and manufacturing sector runs deep and is also affected by the financial shock and recession experienced by the US economy.



Market Intelligence

Everything about textile exports in Nicaragua.

Top exporters - Quantities, amounts and prices.

more info

More on this topic

Guatemalan Textile Exports Drop by 29%

April 2009

Sector entrepreneurs are focused on increasing the added value of the garments to offset the fall in demand abroad.

According to the Commission on Textiles and Clothing (Vestex) of the Guatemalan Association of Exporters (Agex-port), there were $202 million exported in January and February 2009, $84.2 million less than during the same period last year when the total was $286.2 million.

Nicaragua: TPL for Textile Exports At Risk

June 2014

A bill that is being analyzed by the U.S. Congress aims to reduce the level of tariff preference to only 6% of imports from Nicaraguan textile factories.

Although the possibility exists of an extension of the current Tariff Preference Level (TPL) until 2015, American congressmen have proposed that the benefit be granted only on cotton pants, which represent the lowest proportion of Nicaraguan textile exports to the United States.

Growth in Nicaraguan Textile Exports Slows

August 2010

Despite the slowdown, the country's growth in textile sales abroad is still the second fastest in the Central American region.

According to information from the Nicaraguan Association of Textile Manufacturers (ANITEC in Spanish), in the first six months of 2010 exports generated foreign exchange income worth $461 million, while in the same period of 2009 the figure was $408.

Slight Improvement for Nicaragua Textile Exports

May 2010

In the first quarter of 2010 the country exported 11.75% more textile goods than in the same period of 2009.

Data from the Nicaraguan Textile and Apparel Industry Association (Anitec) shows that $197.4 million were exported in the first three months of 2009, increasing to $220.6 million in 2010.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Automotive and Industrial Oil Lubricants

OEHC Lubricantes cover the automotive, maritime, heavy equipment, industrial, agriculture sector and greases.
Minimum quantity one 40 FT Container (96 drums of 55 Gal...

Companies

Stock Indexes

(Mar 24)
Dow Jones
-0.29%
S&P 500
-0.08%
Nasdaq
0.19%

Commodities

(Mar 27)
Brent Crude Oil
50.660
Coffee "C"
138.95
Gold
1,258
Silver
17.895