Salvadoran Textile Exports Rebound

In the first eight months of the year maquila exports reported an increase in volume of 22.3% and 10.9% in value.

Friday, October 7, 2011

Data from the Central Reserve Bank shows that total exports reached $822.4 million up to August 2011.

"The executive director of the Chamber of the Textiles, Clothing and Free Zones (CAMTEX), Patricia Figueroa, said exports this year have already surpassed the levels recorded in 2008, which was considered to be an excellent year for the sector.

As for the 6,000 jobs lost during the 'lean' years, she said they have been recovered. "

In the executive’s opinion these figures are encouraging and speak for themselves about the sectors recovery.



More on this topic

El Salvador Wants to Sell More Raw Materials for Textiles

April 2018

The sector's union says that the strategy focused on producing fabrics and yarns for export is already paying off, and they intend to continue in order to become the region's main supplier.

According to the Chamber of the Textile, Clothing and Free Trade Zone (Camtex), exports of raw materials from El Salvador have grown considerably in the last two years, as between 2016 and 2017 sales increased from $60,000 to $1.2 million.

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.

Nicaraguan Textile Industry Foresees Recovery in 2010

January 2010

The sector expects to create 6.000 jobs this year, as well as increased orders from international markets.

Dean García is the president of the Nicaraguan Textile Industry Association (Anitec). He identifies two key elements in this recovery: improvement in the U.S. economy and new markets like the European Union and Canada.

El Salvador: Maquila Shows Signs of Improvement

December 2009

Orders are increasing as the United States, main destination for Salvadoran textile exports, begins to recover.

Patricia Figueroa, executive director of CAMTEX (Textile and Free Zone Chamber of El Salvador), commented that an increase in U.S. orders has allowed company Fruit of the Loom to reactivate its Montecristo facility.

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