Isthmus Textile Exports Drop by More Than 18%

In January, textile exports decreased between 18% and 40% in 5 Central American countries.

Wednesday, March 25, 2009

The fall in revenue was 40% in Costa Rica, 36% in Guatemala, 22% in Nicaragua and 18% in both Honduras and El Salvador.

The statistics were reported by the secretary of the Free Trade Zones Corporation of Nicaragua and published in an article by AFP in Nacion.com.

In relation to the volume of sales abroad, decreases were also significant: 35.2% in Guatemala, 27.56% in Costa Rica, 26.8% in El Salvador, 16.2% in Honduras and 8% in Nicaragua."



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El Salvador: Textile Exports Decline

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The Textile Industry Association reported a reduction of almost $17 million in value exported in the first quarter of the year, compared to the same period in the previous year.

Figures from the Chamber of Textile, Apparel and Free Trade Zones (Camtex) indicate that exports from January to April totaled $816 million, down from $833 million exported in the same period in 2016.

Continuing Growth in Nicaragua's Textile Sector

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By September 2011, exports of Nicaraguan textiles and clothing had reached $1007 million, 37% more than in the same period in 2010.

The growth rate of exports from Nicaraguan free zones engaged in the textile industry is still by far the highest in Central America.

The lastest report from the Nicaraguan Association of the Textile and Apparel Industry (Anitec), indicated that while this sector had grown 37% in Nicaragua, the rate was 17.4% in Guatemala, 13.5% in Honduras and 9.9% in El Salvador, while Costa Rica registered a decrease of -2.7%.

Nicaraguan Textiles Lead in Central America

July 2011

Between January and May sales grew by 25% compared to the same period in 2010.

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With the 25% increase, Nicaraguan exports went up from $381.1 million to $476.7 million.

New Markets for Guatemalan Textiles

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Since March, Colombia and Venezuela have become new markets for Guatemalan textiles.

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