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."

Source: Nacion.com

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El Salvador: Textile Exports Decline

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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.

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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.

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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%.

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

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