Continuing Growth in Nicaragua's Textile Sector

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

Thursday, November 17, 2011

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%.

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Good Year for Nicaraguan Textiles Companies

October 2011

Exports up to August totaled $870 million, 35% more than in the same period in 2010.

During the same period the increase in volume was 22%.

Projections for this year, according to the Nicaraguan Association of Textile and Apparel Companies (ANITEC in Spanish) are that it will close with an increase in exports of between 20% and 30% compared to 2010.

Salvadoran Textile Sector Grows 32%

January 2011

In 2010 the sector reported revenues of $ 1.793 million compared to $ 1.422 million in 2009.

Patricia Figueroa, director of the Chamber of Textile Apparel (CAMTEX), said they hope to continue growing in 2011 despite the increase in prices in raw materials, including cotton.

El Salvador: Textiles Expect 25% Growth

October 2010

The textile and apparel sector is expected to close the year with a 25% increase in exports.

Patricia Figueroa, executive director of the Chamber of the Textile, Clothing and Free Zones of El Salvador (CAMTEX), praised the strength of the sector, which despite lack of investments and reduction of staff, has succeeded in increasing exports.

Interest in Las Vegas for Nicaraguan Textiles

August 2011

The public-private trade mission to a trade fair entitled ‘Magic 2011’ has succeeded in getting U.S. interest in importing textiles and clothing from Nicaragua.

Over a hundred contacts with potential buyers were made in the meeting which will be exploited with a "marketing effort," said Javier Chamorro, Executive Director of ProNicaragua.

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