Honduran Maquila Exports $3.3 billion

The maquila sector projects a 10% increase in exports, totaling $3.3 billion, compared to 2011.

Thursday, August 30, 2012

Daniel Facussé, President of the Maquiiladores Association of Honduras (AMH), told press, "... this year a ten percent increase is being reported due to exports of textiles and labor for services, something which is growing including inside the country’s own firms. "

The industry representative said that this upward trend of income is favorable "... because investors are seeing increased investment, employment and legal certainty and therefore can have the confidence to open businesses in the country", reported La Tribuna.

More on this topic

Too Many Eggs in One Basket

May 2013

The growth of food exports to Venezuela has got Nicaraguan producers excited, yet they are warning against backing this market excessively.

"Between January and May of this year, exports by volume from Nicaragua to Venezuela have grown by 209%, generating an exporter enthusiasm which has convinced all of the productive sectors, especially now that there are plans to halve red bean production over five years in order to plant more black beans", reported Laprensa.com.ni

Central America Exported 22% more in 2011

May 2012

Panama's exports grew by about 33%, those of Nicaragua by 30% , Guatemala’s by 27%, Honduras’ by 26%, El Salvador’s by 18% and Costa Rica’s by 10%.

The Central American countries together exported goods worth $52 billion in 2011, 22.3% more than in 2010, reported the Secretariat of Central American Economic Integration (Sieca) this week.

Panamanian Exports to CA up 10%

January 2011

During the first ten months of 2010 exports to Central America totaled $ 82.3 million.

The most significant growth was El Salvador with 68.3% and Honduras with 56.9%, followed by Nicaragua and Guatemala with 40.7% and 27.2% respectively.

Costa Rica showed a recovery with respect to 2009, yet the situation was negative (-12.5%) for the period between January to October 2010.

Salvadoran Textile Exports Up 21%

June 2010

Between January and April 2010 the country exported 21% more than in the same period of 2009.

A report from CAMTEX, the Chamber of Apparel and Textile Industries, detailed that in April 2010, Salvadoran exporters sold 20% than in the same month of 2009.

“Exports bound for Central America increased in $2.1 million”, reported the Central Bank of El Salvador (BCR), adding that exporting companies have recovered 4.336 jobs in these four months.

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