The Government of Central American country of El Salvador through its Agency for Promotion of Exports and Investments (PROESA) conducted a seminar for the textile and clothing sector of the country, in order to identify new opportunities and access markets through utilizing the benefits from Free Trade Agreements (FTA), especially with the US. … Read all the Textiles industry news in el-salvador and stay updated with happenings in Textiles world from news section at Fibre2Fashion . Overview: In 2018 Honduras was the number 110 economy in the world in terms of GDP (constant 2011 international USD), the number 93 in total exports, the number 105 in total imports, and the number 96 most complex economy according to the Economic Complexity Index (ECI).In 2018, Honduras exported $8.62B and imported $9.54B, resulting in a negative trade balance of -$923M. The Free Trade Agreements El Salvador offers with several countries allows access to a potential market of 1,200 million customers worldwide. Textile and clothing exports are about 30.6 per cent of El Salvador’s total exports. T-shirts, sweaters, socks and underwear are among the 12 most sold Salvadoran products from 2006 to 2016. So, the textile industry in El Salvador is a very prominent one. El Salvador Textiles and Clothing Exports By Country 2018 In 2018, the top partner countries to which El Salvador Exports Textiles and Clothing include United States, Honduras, Guatemala, Nicaragua and Mexico. Growth in export of value-added products such as jackets and socks made of synthetics are among the items that position El Salvador’s textile industry as one of the most competitive in the region. According to the Salvadoran Chamber of Textile and Clothing Manufacturers (CAMTEX), the industry represents 45% of El Salvador’s exports. The country’s textile exports are expected to grow further in 2020. 2/ Totals may not add due to rounding. El Salvador Guatemala Haiti Honduras Jamaica Mexico Nicaragua Panama South America Brazil Chile Colombia Peru Venezuela Europe Belgium France Germany Italy Netherlands United Kingdom Asia China Hong Kong Israel Japan Saudi Arabia Singapore South Korea Taiwan United Arab Emirates Oceania Australia Africa World 2/ 1/ Raw-fiber equivalent. The textile industry in El Salvador is very relevant for our economy. It accounts, as I have said, for over forty-five percent of total exports. Please check the Data Availability for coverage. Describes the primary roles of those associations and to what extent they influence government actions. El Salvador: Exports Up 4% in July 2018 Monday, September 3, 2018 The manufacturing industry, including maquilas, accounted for 96% of total exports, and closed with an annual growth rate of almost 4%, equivalent to $130 million. Leading Sectors for US Exports & Investments ... El Salvador - Principle Business Associations El Salvador-Business Associations Provides references to the principal business associations, indicating which accept U.S. companies. 24 Carretera A Santa Ana, Zona Franca Export Salva Bodega 12BC Salvador, C.A By Portal & Asociados - 07/06/2017. Textiles and Clothing Exports by El Salvador 2018 Please note the exports, imports and tariff data are based on reported data and not gap filled. We use cookies for better user experience. Last Published: 9/12/2019. Additionally, textile and clothing manufacturers in El Salvador have created approximately 75,000 direct jobs and about 200,000 indirect positions. Half of the most exported products of El Salvador come from the textile industry, according to a report by the Information and Response Office of the Central Reserve Bank. Clothing leads El Salvador exports . The Central American country depends heavily on the United States, with 42% of El Salvador’s 2019 exports heading north. According to the Chamber of the Textile, Clothing and Free Trade Zone (Camtex), exports of raw materials from El Salvador have grown considerably in the last two years, as between 2016 and 2017 sales increased from $60,000 to $1.2 million.