Honduran Maquila Exported $800 Million

From January to July, the textile industry exported $800 million, in spite of the global economic crisis.

Friday, August 14, 2009

Guillermo Matamoros, textile businessman, informed that the industry employs 110.000 people.

Further comments by the entrepreneur were published in honduran newspaper La Prensa: "It is said that a recovery for the U.S. economy is around the corner. We are expecting this positive impact. The other issue is how do we, country, government and industry, prepare for boosting this potential impact. Competitiveness is key."



More on this topic

Textile Sector: Poor Outlook

June 2020

Uncertainty over a possible second wave of covid-19 cases globally will prevent Salvadoran textile industry exports from recovering for the rest of 2020.

Official data show that from January to May 2020, El Salvador's exports in the textile and clothing sector amounted to $619 million, an amount that is 42% lower than the $1,072 million registered in the same period in 2019.

Mixed Results for the Textile Industry in 2017

December 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.

Patricia Figueroa, executive director of the Chamber of the Textile, Clothing and Free Trade Zone (Camtex), explained to Laprensagrafica.com that "...

Honduras: $1.946 billion in Maquila Exports

September 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.

A report by the Central Bank of Honduras (BCH) specifies that when comparing the figure for the first half of this year with the same period of 2013, "... A slight increase of $8.2 million is observed. "

El Salvador: Maquila Shows Signs of Improvement

December 2009

Orders are increasing as the United States, main destination for Salvadoran textile exports, begins to recover.

Patricia Figueroa, executive director of CAMTEX (Textile and Free Zone Chamber of El Salvador), commented that an increase in U.S. orders has allowed company Fruit of the Loom to reactivate its Montecristo facility.

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