In January and February, customer demand in the U.S. grew by 55%, but has declined in recent months according to the growth of inventories, said representatives of companies in the textile zones.
The situation has led to a reduction of staff - earlier this year there were 110,000 employees in businesses in the sector, confirmed Dean Garcia, executive director of the Nicaraguan Association of Textile and Apparel companies (Anitec).
Garcia said that orders have been received orders from Brazil, for some 20,000 items, but because Brazilian tariffs push up costs, they have asked that the Ministry of Development, Industry and Trade expedites the signing of the Latin American Integration Association (ALADI) protocols, where list of priority products to market are established.
In January, textile exports under free zone regime grew by 26.3% in value compared to January 2010.
According to information from the Nicaraguan Association of Textiles and Apparel (Anitec) during the same month last year the increase in volume was 25%, totaling 25.6 million square meters (unit of measurement for clothing), figure which even exceeds the January 2007 exports (21.2 million square meters) before the financial crisis.
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