Textile Industry: A decade of Good NumbersBetween 2010 and 2019 exports of textile companies in Guatemala reported an average annual growth of 2%, a rise that is attributed to demand from companies in the United States.Monday, February 10, 2020
According to figures from the Bank of Guatemala (Banguat), the manufacture of clothing items was the sector that generated more foreign exchange during the past year, as revenues amounted to $ 1,397 million. Source: prensalibre.com Do you need detailed information on the textile sector? Contact Us.Need assistance? Contact us
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Coronavirus: Every Crisis Brings an OpportunityMarch 2020 Following the spread of the virus globally and the suspension of some production in China, several garment companies in the region have reported increases in their orders. Textile Sector Begins 2019 UpwardsApril 2019 During the first two months of the year, exports of the Guatemalan textile sector registered a 4% year-on-year increase, which is explained by demand from U.S. companies. Guatemala: Record Figures for the Textile SectorNovember 2018 Businessmen consider that 2018 will be a year with record sales for the country, as they projected exports of $1.724 million, a figure that would exceed 12% of what was reported in 2017. 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.
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