Honduras: Textile Industry to Grow 10%

The union of maquila companies estimates that this year exports will grow 10% compared to 2016, reaching $4.5 billion, driven by increased demand in the United States.

Monday, February 6, 2017

According to the Honduran Maquiladora Association (AHM), in 2016 exports of textiles and clothing were worth close to $4.1 billion, and this year it is hoped the figure will go up to $4.5 billion.

See also: "Textiles and Supplies Market in Central America"

Elheraldo.hn reports that "...Growth projections are based on increasing demand in the US market, which is the main destination for goods produced in industrial processing zones."

The union does not anticipate major changes in exports to the United States this year, and even projects increased demand from this market.

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