Projected Increase in Export of Car Wiring Systems

As of July 2012, Honduras received $223 million in foreign exchange from exports of vehicle wiring systems, and expects to close the year at $450 million.

Friday, August 17, 2012

The director of the Honduran Maquila Association, Guillermo Matamoros, said the industry is stronger, both in terms of currency generated and in the number of jobs created, now in excess of 12,000.

"Due to the economic crisis of 2009 vehicle sales in the U.S. had fallen and therefore the companies that contracted car wiring systems also stopped importing from countries, and Honduras suffered the consequences, but now the situation has changed."

"... its certain that we will reach $450 million in revenue in the current year ... Compared with 2011 this is growth of $50 million because last year the amount was $400 million."



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The Foreign Trade Corporation (PROCOMER) has released the latest export data, which shows an increase in the export of goods from free trade zones (18%) and definitive system (18.6%).

Honduran Sock Exports Double

December 2009

Socks exports to the United States will reach $5.4 million by the end of the year, 101% more than 2008, when $2.7 million were sold.

"Honduras textile industry improved in this segment, despite the fact that total textile and apparel exports to the U.S. fell 7%", commented Guillermo Matamoros, director of the Honduran Maquila Association (AHM).

Exports from Guatemala to Cuba Increase 68%

February 2009

According to data from the Economy Department, in 2008 the total amount was $26 million compared to $15.5 million in 2007.

Lorena Álvarez writes in Elperiodico.com gt: "Industrial products such as insecticides, disinfectants, soaps and detergents, waxes, wires, chemicals as well as milk and sauces prepared for cereals and food for animals swell the list of the articles with greatest demand on the island.

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