Continuing Growth in Nicaragua's Textile Sector

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

Thursday, November 17, 2011

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%.

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Nicaragua: Textiles Exports Up 5.9%

December 2014

Between January and October foreign sales in the sector amounted to $1.281 billion, 5.9% more than the $1.21 billion generated in the same period in 2013.

From a statement issued by the Nicaraguan agency for promoting and exporting (PRO-NICARAGUA):

Nicaragua is the second country in the framework of DR-CAFTA with the highest percentage of exports of textiles in 2014.

Surprising Growth in Nicaragua Textile Companies

May 2014

The 16% increase in sales of textiles abroad in the first two months of the year, compared to the same period in 2013, exceeded the business sector´s expectations.

With the huge rebound of 16% in the cumulative export of textiles in the first two months of the year, revenue totaled $300 million.

Good Year for Nicaraguan Textiles Companies

October 2011

Exports up to August totaled $870 million, 35% more than in the same period in 2010.

During the same period the increase in volume was 22%.

Projections for this year, according to the Nicaraguan Association of Textile and Apparel Companies (ANITEC in Spanish) are that it will close with an increase in exports of between 20% and 30% compared to 2010.

Interest in Las Vegas for Nicaraguan Textiles

August 2011

The public-private trade mission to a trade fair entitled ‘Magic 2011’ has succeeded in getting U.S. interest in importing textiles and clothing from Nicaragua.

Over a hundred contacts with potential buyers were made in the meeting which will be exploited with a "marketing effort," said Javier Chamorro, Executive Director of ProNicaragua.

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