Home / Knowledge / News / Apparel/Garments / Guatemalan apparel exports touch $1.14bn in Jan-Sep'13
Guatemalan apparel exports touch $1.14bn in Jan-Sep'13
18
Dec '13
The exports of apparel from the Central American country of Guatemala reached US$ 1.146 billion during January to September 2013, registering a growth of 7.7 percent over exports of US$ 1.064 billion made during the corresponding period of last year, the Apparel and Textile Industry Association (Vestex) said based on the data from the Bank of Guatemala (Banguat).
 
In recent years, the apparel and textile industry in Guatemala has become more dynamic and competitive, and its exports have surpassed traditional items like coffee and sugar to become the leading foreign exchange earning sector for the Central American country.
 
In 2012, Guatemala exported 297.3 million pieces of garments valued at US$ 1.189 million.
 
The Guatemalan textile and apparel sector includes 129 apparel companies, 39 textile factories and mills, 260 service and accessory companies that together employ 90,000 people directly and indirectly, of which 46 percent are women, according to Vestex.
 
The apparel and textile manufacturing industry contributes about 4 percent to Guatemala’s national production (GDP) and about 21 percent to the country’s industrial production.
 
The Guatemalan clothing and textile industry mainly comprises of knitted fabrics and apparel, which account for 77.61 percent of all production, while the woven fabric and garments account for the remaining 22.39 percent of production.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search