Released on = April 19, 2007, 3:50 am

Press Release Author = Namrata

Industry = Small Business

Press Release Summary = Prospects for the Textile and Clothing Industry in Guatemala
: The textile and clothing industry is an important component of Guatemala's economy


Press Release Body = Prospects for the Textile and Clothing Industry in Guatemala

The textile and clothing industry is an important component of Guatemala's economy.
In 2004 it accounted for 37% of its total exports-which include traditional
agricultural items such as coffee, sugar and bananas-and for 68% of its
non-traditional exports. The industry also accounted for 2.7% of the country's total
labour force and for almost 74% of manufacturing employment. More than 94% of
Guatemala's clothing exports go to the USA, reflecting the importance of
preferential trade programmes which provide duty benefits to garments made in the
Central American region. In turn, Guatemala is the USA's tenth largest supplier of
clothing in value terms, and its second largest supplier in Central America.

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