El Salvador: Textiles Expect 25% Growth

The textile and apparel sector is expected to close the year with a 25% increase in exports.

Monday, October 25, 2010

Patricia Figueroa, executive director of the Chamber of the Textile, Clothing and Free Zones of El Salvador (CAMTEX), praised the strength of the sector, which despite lack of investments and reduction of staff, has succeeded in increasing exports.

Laprensagrafica.com reports, "Moreover, the industry says they hope to achieve an agreement with the Government to amend the Free Zones Law, but without altering the benefits which encouraged them to invest in the country, as the Organization World Trade Organization (WTO) stated that it should be removed by December 31st, 2015.”

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El Salvador: Textile Exports Up 7%

September 2015

In the first half of the year sales of textiles and clothing totaled $1.247 billion, with a noteworthy annual increase of 21% in exports of textiles.

Data from the Chamber of Textiles, Clothing and Free Zones of El Salvador (Camtex) indicates that "... textile exports totaled $155 million, 21% more than in the first half of 2014, while ready-made apparel reached $1.092 million, up 5%. "

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%.

Salvadoran Textile Sector Grows 32%

January 2011

In 2010 the sector reported revenues of $ 1.793 million compared to $ 1.422 million in 2009.

Patricia Figueroa, director of the Chamber of Textile Apparel (CAMTEX), said they hope to continue growing in 2011 despite the increase in prices in raw materials, including cotton.

Caution in Salvadoran Textile Industry

November 2010

Textile businessmen does not dare to raise expectations for next year.

If there is an increase it would be minimal, said Edwin Zamora, president of the Chamber of the Textile, Clothing and Free Zones of El Salvador (CAMTEX).

The executive added that it all depends on the evolution of the U.S. economy.

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