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El Salvador textile exports rise 8.2% in Jan-Oct'13
21
Dec '13
Textile and clothing exports from the Central American country of El Salvador increased by 8.2 percent year-on-year and touched US$ 2.007 billion, during the period of January to October 2013, as per the data released by the Chamber of Textiles, Clothing and Free Zones of El Salvador (CAMTEX).
 
According to the CAMTEX data, the Central American country exported textile and clothing worth US$ 212.5 million in the month of October itself. Last year, the country exported textile and clothing worth US$ 195.2 million during the same month.
 
During the first ten months of 2013, the US remained the main destination for Salvadoran textiles and clothing, as the country accounted for 76 percent of total exports made by El Salvador.
 
The Central American region ranked second, with El Salvador exporting 21 percent of its textile and apparel to the region, during the period of January to October.
 
In 2012, textile and garment exports fetched US$ 2.196 billion for El Salvador. Of which, cotton textiles and apparel accounted for US$ 1.436 billion, while synthetic textiles and apparel earned US$ 505.25 million, and other textiles were valued at US$ 254.58 million.
 
The textile and apparel industry is one of the strongest pillars of the El Salvadoran economy as it accounts for over half of the total exports made by the country.
 

Fibre2fashion News Desk - India


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