Rebound of Honduran Maquila Companies

In March this year, the textile and manufacturing industries, including the manufacturers of wire harnesses and garments, grew by 3% compared to the same period in 2013.

Tuesday, August 26, 2014

A report by the Office of Textiles and Apparel (OTEXA), at the International Trade Administration of the United States, details the recent performance of the maquila industry in Honduras and locates the country as the fourth largest producer of fabrics in the world.

Laprensa.hn reviews highlights of the the report which include "... the performance of imports ... which showed a higher variation of 2.2% compared to the same month in 2013, totaling $647.7 million, mostly due to a rise in textiles such as cotton yarn originating in the United States. "

Guillermo Matamoros, regional executive director of the Honduran Maquila Association (AHM), stated that "... a part of the fabric is made to sell to the Honduran maquilas and the other is sent to El Salvador and Nicaragua.

"...In another context, China is importing 36.9% of clothing manufactured in the United States, positioned in first place, where it has remained constantly for the last four years, and well above that of Vietnam in second place with 10.8%.
Honduras produces 3.11% of clothing expects to end the year having outperformed Cambodia, located in the seventh place with 3.16%."



More on this topic

Honduras: Maquila Exports up to the Second Quarter of 2017

August 2017

Exports of goods for processing in the first half of 2017 totaled $1,992 million, of which $1,624 million corresponded to the textile industry.

From the report "Foreign trade of goods for transformation up to the second quarter of 2017" by the Central Bank:

Canada FTA will Boost Maquila Industry in Honduras

December 2012

The annual export growth of the maquiladora industry in Honduras is estimated at $200 million, with the entry into force of the trade agreement with Canada.

Laprensa.hn reports that "About 200 million dollars in export growth and the creation of up to 10,000 new jobs is projected for the Honduran maquila industry in 2013 with the entry into force of the FTA with Canada, assured representatives from the sector.

Honduran Maquila Requests More Flexibility from EU

March 2010

The Honduran Maquila Association asked the European Union to be more flexible when negotiating the Association Agreement with Central America.

Guillermo Matamoros, executive director of the Association, argued that EU’s rigid position “is not in line with its humanist discourse”.

Honduran Maquila Recovers Lost Jobs

August 2009

Industry spokespersons report 4.000 jobs recovered in the last few months.

The industry currently employs 110.000 people, said Gullermo Matamoros, representative of the Honduran Maquila Association.

According to Matamoros, "... some symptoms indicate that the U.S. economy's 'free fall' has stopped, a positive sign for increasing exports to this country", reported Tiempo.hn.

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