Textiles in Guatemala: Business with China

Companies in the Asian country are looking to provide Guatemalan textile workers with accessories, threads and synthetic fabrics with finishes.

Wednesday, May 24, 2017

Textile companies in Guatemala envisage the possibility of generating more value in their supply chain with products that can be provided by Chinese companies that specialize in accessories and other necessary inputs for the textile production chain.

See "Textile Business Grows in Central America"

Alejandro Ceballos, president of the Garment and Textiles Association (Vestex), explained to Elperiodico.com.gt that "... there is the possibility of adding accessories that would allow to garments to be finished and obtain contracts with brands that are recognized worldwide, such as Nike, Adidas or Reebok. The brands demand that the accessories come from specific places, such as China," he said, noting that China is the world's largest accessory supplier." 

Mei Hongrui, a representative of Jason Textile, said: "... he traveled to Guatemala in search of Guatemalan direct customers who want to buy his fabrics. "I learned that there is a market here to provide a supply," he said. The company, Nangfang Fastenertape, brought an inventory of Velcro strips, zippers and buttons to the country, and Lou Weitao, a seller to the Chinese supplier, said they are seeking to close deals with Guatemalan companies. Although they have not ruled out being a "bridge" to other Chinese producers."

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February 2019

The Korean company Sae-A Trading Co. Ltd., would build in Guatemala a high-tech industrial complex of chemical fiber, weaving and dyeing for the production of polyester yarns.

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Within the framework of the Apparel Sourcing Show, a delegation of Chinese textile entrepreneurs will be visiting the country in May, to explore business opportunities in the sector.

The Apparel Sourcing Show event will be held from May 23 to 25 at the Grand Tikal Futura Hotel, and will bring together textile companies from the Central American region and from other countries.

Textiles and Supplies Market in Central America

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A report by the Business Intelligence Unit at CentralAmericaData.com notes that in 2015 Central American countries imported $318 million worth of yarns, filaments and textiles, led by El Salvador with $157 million.

El Salvador was the main importer of synthetic filaments, strips and materials similar to synthetic textiles last year, according to data on the Textiles and Raw Materials Market compiled by the Business Intelligence Unit at CentralAmericaData.com.

JC Penney May Buy More from Central America

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The rising costs in China have caused companies like this north American firm to look once again towards the isthmus to buy their clothing.

Carlos Arias, president of the Committee on Textiles and Clothing (Vestex) of Guatemala, said during a forum at the latest Apparel Sourcing Show 2012, that JC Penney have indicated that their purchases from the isthmus will rise by 30%.

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