Nicaragua: Slight Recovery in Textile Exports

The aggregate for April shows a reduction of 14.3%, compared to the 15.1% aggregate from March, in relation to the same periods in 2008.

Tuesday, June 30, 2009

According to data from the Nicaraguan Association of the Textile and Confection Industry (Anitec), there has been improvement with respect to January, when the reduction was 22%.

Gisella Canales Ewest in her article for Laprensa.com.ni, interviews Dean García, the director of Antic, regarding monthly exports: “We already see that there is a slight recovery in exports because we exported $68 million in March and in April we have reported $72 million in exports.”



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The Textile Industry Association reported a reduction of almost $17 million in value exported in the first quarter of the year, compared to the same period in the previous year.

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The sector expects to close the year with a decline in the value of exports due to low international prices, but with an increase of about 10% in total production.

Textile entrepreneurs estimate that they may end the year with close to the planned target of 500 million square meters of production, but below the $1.5 billion in export value. 

Surprising Growth in Nicaragua Textile Companies

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The 16% increase in sales of textiles abroad in the first two months of the year, compared to the same period in 2013, exceeded the business sector´s expectations.

With the huge rebound of 16% in the cumulative export of textiles in the first two months of the year, revenue totaled $300 million.

Slight Improvement for Nicaragua Textile Exports

May 2010

In the first quarter of 2010 the country exported 11.75% more textile goods than in the same period of 2009.

Data from the Nicaraguan Textile and Apparel Industry Association (Anitec) shows that $197.4 million were exported in the first three months of 2009, increasing to $220.6 million in 2010.

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