Last Year, Guatemala Garments Exports Amounted To $1 Billion 216 Million 500 Thousand.

2012/2/20 16:56:00 5

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Export Of Guatemala Garments To US Dollars

According to Guatemala's central bank data report, total exports in Guatemala amounted to $10 billion 463 million in 2011, up 23% from $8 billion 462 million in 2010, ranking first among exports.

product

For garments, it amounted to US $1 billion 216 million 500 thousand, accounting for 11.6% of total exports.

According to Carlos Arias, chairman of the clothing and apparel Committee of the Guatemala Exporters Association, the growth of this product is mainly due to the large demand in the United States and the rapid response orders of Guatemala manufacturers.

Mainland China and other emerging countries are currently coping with their domestic problems.

market

Therefore, reducing exports to the US market is much more profitable than Guatemala businessmen.

If the US is not affected by the European debt crisis, the export performance of Guatemala will maintain its growth momentum in the past year.

The top five export markets were the United States (4 billion 364 million 600 thousand US dollars, 41.7%), central and South America.

Country

(2 billion 810 million 400 thousand US dollars, 26.9%), the European Union (639 million 500 thousand US dollars, 6.1%), Mexico (512 million 800 thousand US dollars, 4.9%) and Panama (248 million US dollars, 2.4%).