U.S. Textile Purchases Rebound

After a tough first semester 2012, which saw a significantly decline in orders from the main market of the Guatemalan textile industry, the recovery began in June.

Tuesday, July 31, 2012

According to an article in Prensalibre.com the manager of the Garment and Textile Committee (Vestex) of Agexport, Alejandro Ceballos, said that during the first five months of the year economic uncertainty in the U.S., high international prices of cotton, and problems caused by the implementation of the new Customs Act, meant that purchase orders steadily declined.

"Some companies had to stop production because of lack of raw materials. However, since June there has been an improvement in orders and requests. At the same time the price of cotton has stabilized", said Ceballos.

"Ceballos added that for the second half a full recovery is expected for the sector, attributed to various market factors particularly in the United States, which is the main destination for clothing."

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Guatemala: 12.7% Increase in Textile Exports

May 2009

During the month of April 2009, there were $87.4 million exported to the US, Guatemala’s main trading partner, 12.7% higher than what was exported in March.

Alejandro Ceballos, president of the Committee of Textiles and Clothing (VESTEX), believes that the sector will show greater recovery in July, when the strong season will begin in the US for the sector.

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.

Central American Textile Chain

October 2011

Guatemala's textile industry is changing from exporter of finished products to one that provides raw materials to manufacturers in other Central American countries.

The migration of maquila companies to Nicaragua, El Salvador and Honduras has generated an increased demand for industrial fabric and textile materials transforming the Guatemalan textile industry.

Guatemala: Apparel Exports Up 27% in April

May 2010

In April, Guatemala exported $82 million more textile goods than in the same period of 2009.

78.1% of them went to the United States, 17% to Central America and the rest to other countries such as Mexico and Canada.

Data from Vestex, the Textile and Apparel Commision, shows that apparel exports have been recovering sustainably since November 2009, after several years of negative growth.

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