Honduras: $1.946 billion in Maquila Exports

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.

Tuesday, September 23, 2014

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. "

Elheraldo.hn reports that "... This result is lower than that seen in the first half of the period 2012-2013, when exports increased from $1,910.7 million to $1,937.9 million, representing an increase of $27.2 million, according to figures from the BCH. "

"... The value of exports from the maquiladora industry totalled $3,882.7 million in 2013, up just $18.3 million from the figure recorded in 2012 ($3,864.4 million). It is expected that this year, exports will reach $4,000 million. "

More on this topic

Textile sector: Production Becomes More Expensive in El Salvador

December 2017

Salvadoran textile companies state that the costs of labor, security and delivery times have made the sector's operations more expensive.

The recent increase in the minimum wage is one of the factors that has had a direct impact on the cost structure of Salvadoran textile companies. Added to this are logistical difficulties in customs offices, which have caused companies from neighboring countries to obtain contracts that were originally planned for El Salvador.

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: $73 million Textile Plant

February 2017

The new plant, which a Honduran and Salvadoran consortium have started building in Choloma, will have capacity to produce 200,000 tons of synthetic yarn per year.

In the construction and commissioning of the plant manufacturing synthetic yarn, the company Unitexa has invested $73 million and it is expected that it will start operating within one year.

Study on Clothes Imports in Panama

March 2014

In 2011 the country imported $251 million worth of clothes, an increase of 12% compared to the previous year.

Examples of some of the data in the report:

Imports of men and childrens shirts increased by 46% between 2010 and 2011, going from $18.1 million to $26.5 million imported in 2011.

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