Salvadorans Textile Companies Save the Year

With a 4% increase in exports in 2012 compared to the previous year, the textile industry remains the main pillar of foreign trade in El Salvador.

Tuesday, February 19, 2013

Revenue from sales from the textile industry in El Salvador during 2012 totaled $2.1965 billion, $73.4 million more than in 2011.

Elmundo.com.sv reports that "In recent years, the textile and clothing sector has maintained an upward trend in foreign sales, to the point where exports account for 48% of the country’s total, stressed the Chamber of the Textile, Clothing and Free Zones of El Salvador (Camtex). "

Because of this, since 2005 figures have not been reported below $ 1.5 billion. The lowest figure reported was $1.5756 billion and was recorded in 2009, when the global crisis hit hardest all sectors of the national economy. However, the recovery in income generation was immediate, Camtex said, and the following year sales reached $1.9436 billion. This meant an increase of 23% for 2010.



More on this topic

El Salvador: The Top 5 Textile Exports in 2017

March 2018

According to the textile industry union, half of the $2.6 billion exported in 2017 corresponded to pullover sweaters, cotton t-shirts, cotton briefs, synthetic fiber t-shirts and synthetic socks.

The Chamber of Textile, Clothing and Free Trade Zones of El Salvador (Camtex) reported that in 2017 the sector exported $2.617 million worth of clothes, $95 million more than was reported in 2016, which is equivalent to an interannual increase of 3.8%. 

Textiles in El Salvador: Outlook for 2018

March 2018

The textile guild has stated that 2017 closed with $2.6 billion in exports and an increase of almost 4%, and for this year it plans to achieve similar growth.

The Chamber of the Textile, Clothing and Free Trade Zone (Camtex) exported $2.617 billion during the past year, $95 million more than the value of exports registered in the previous year.

Salvadoran Textile Exports Rebound

October 2011

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

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.

Salvadoran Textile Exports Up 21%

June 2010

Between January and April 2010 the country exported 21% more than in the same period of 2009.

A report from CAMTEX, the Chamber of Apparel and Textile Industries, detailed that in April 2010, Salvadoran exporters sold 20% than in the same month of 2009.

“Exports bound for Central America increased in $2.1 million”, reported the Central Bank of El Salvador (BCR), adding that exporting companies have recovered 4.336 jobs in these four months.

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