Home / Knowledge / News / Textiles / Costa Rican textile exports nosedive in 2006-12
Costa Rican textile exports nosedive in 2006-12
08
Jan '13
Textile and apparel exports from Central American country of Costa Rica declined sharply from about US$ 404 million in 2006 to US$ 191 million in 2012 (excluding December for which figures are yet to be released), according to data from Promotora del Comercio Exterior de Costa Rica (The Foreign Trade Corporation of Costa Rica or PROCOMER).
 
In fact, Costa Rican textile exports have dipped significantly since early 2000, when they reached a peak of US$ 685 million.
 
Although the US still remains the primary market for Costa Rican textiles and clothing, last year’s exports were nearly three times less than the exports made in 2006.
 
Similarly, Costa Rican textile and apparel exports to Central American countries also showed a decline in 2012.
 
In 2011, there were 106 textile and garment exporting companies in Costa Rica, much about the same as those existing in 2006, according to Procomer.
 
In the past two years, two major textile companies – Cimer and Central American Textile Company – closed down their operations.
 
At present, Cartex Manufacturing company is one of the leading Costa Rican exporters, which manufactures innerwear for Hanes brand.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Paolo Ocleppo
Sandvik Hyperion

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search