Slight Improvement in the Textile Business

Exports from the Costa Rican textile sector increased from $126 million in 2017 to $136 million last year, a behavior explained by sales of yarns and vinyl.

Friday, March 29, 2019

According to data from the Foreign Trade Promoter (Procomer) of textile and apparel exports, the year-on-year increase of 8% recorded in 2018 represents a slight recovery, since between 2014 and 2017 a downward trend was reported.

You may be interested in "Textiles: Imports up to the first semester" reviews that "... The National Association of Exporters of the Textile Industry (Aneit) explained that the upturn in 2018 has two reasons: the export of hemp from a Korean capital plant in Cartago, and the sale of vinyl by the company Proquinal. Vinyl has a fabric base, part of which is included in exports of textiles and apparel."

Miguel Schyfter, president of Aneit, explained that "... last year's rebound is presented specifically by these two companies in the textile branch, because the clothing item continues to fall in exports, although they have no specific data and Procomer classifies the category textiles and clothing", which includes the two areas without breakdown."

Also see "Clothing: Top players in Costa Rica"

Despite the adverse panorama faced by garment companies in Costa Rica, directors of companies such as Calcefiel, believe that they still remain in competition because they have technified their production and meet the conditions demanded by their customers abroad.

Regarding imports of textile inputs in the region, reports from CentralAmericaData detail that in the first six months of 2018 the main buyer of textile yarns and inputs in Central America was Guatemala, with $96 million, followed by El Salvador, with $94 million, Costa Rica, with $27 million, Nicaragua, with $24 million, Panama, with $12 million and Honduras, with $11 million.

More on this topic

Better Prices Boost Textile Sector

August 2019

In the first half of the year in Nicaragua, textile companies reported a slight increase in the volume exported, mainly because of an improvement in prices paid internationally.

According to data from the U.S. Office of Textiles and Clothing (Otexa), between the first half of 2018 and the same period in 2019 the volume of textile and apparel exports from Nicaragua to the U.S.

Textiles: $700 million in Trade Projected

April 2018

In an industry fair to be held in May in Guatemala, organizers expect to generate around $700 million in trade deals.

The Apparel Sourcing Show will be held in Guatemala on the days from the 15th to the 17th of next month. This costume and textiles fair will be backed by buyers and suppliers from Brazil, Spain, Turkey, the USA and China. 

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.

Rebound of Honduran Maquila Companies

August 2014

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.

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.

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