Textile Exports up 10% in Honduras

Up to the third quarter of 2011, exports amounted to $2,484 million, 10.3% more than the same period of 2010.

Friday, January 6, 2012

Of the total foreign sales, 83.4% was destined to go to the United States, which remains the number one destination for textile exports.

"Among manufactured, the most exported items were basic shirts, underwear, sports socks and electrical parts for motor vehicles.

Central America took second place in sales destinations, with a value of $350.8 million, a 14.1 percent share of total exports, exporting mostly synthetic yarns, fabrics, pieces of cloth for trousers, shirts, underwear and shirts", reported La Tribuna on its website.

More on this topic

Continuing Growth in Nicaragua's Textile Sector

November 2011

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%.

Guatemala: Textile Exports Recover

August 2010

After a big drop in 2009, sales abroad have seen a 17.6% increase in the first half of 2010.

According to information from Vestex, the Guatemalan association of textile and apparel manufacturers, in the first six months of this year the sector's exports totaled $705.2 million, 17.6% higher than the $599.6 million exported in the same period of 2009.

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.

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.

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