Textile Exports Up 18% in Guatemala

In September, clothing and textile sales to the U.S. grew 18% over the same period in 2009.

Wednesday, November 24, 2010

According to the Central Bank of Guatemala, total exports amounted to $1.07 billion in clothing and fabrics, or $168.2 million more than last year.

"According to Garment and Textile Committee, Guatemala has specialized in sales of knit shirts and synthetic clothing for ladies and gentlemen as well as canvas pants," writes Prensalibre.com.

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Guatemala: Textile Exports Recover

August 2010

After a big drop in 2009, sales abroad have seen a 17.6% increase in the first half of 2010.

According to information from Vestex, the Guatemalan association of textile and apparel manufacturers, in the first six months of this year the sector's exports totaled $705.2 million, 17.6% higher than the $599.6 million exported in the same period of 2009.

Guatemala: Textile Exports Resume Growth

November 2009

After nine months of consecutive decreases, textile exports finally reversed the trend, increasing 2.48% in October.

In October, sales to the U.S. summed $102 million, 2.48% more than the same month of 2008, according to data from Vestex, the Textile and Apparel Commision.

Korean Businesspeople Abandon Guatemala

June 2009

The impact of the economic crisis in the United States has had on the textile industry has forced 15 Korean businesses to shut down operations in the country.

Currently there are 158 factories in the country, of which 92 are Korean, 55 Guatemalan, 10 American, and 1 French, according to data from the Clothing and Textile Commission (Vestex).

Guatemalan Textile Exports Drop by 29%

April 2009

Sector entrepreneurs are focused on increasing the added value of the garments to offset the fall in demand abroad.

According to the Commission on Textiles and Clothing (Vestex) of the Guatemalan Association of Exporters (Agex-port), there were $202 million exported in January and February 2009, $84.2 million less than during the same period last year when the total was $286.2 million.

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