GUATEMALA´S
APPAREL & TEXTILE
INDUSTRY
INDUSTRY IN GUATEMALA
• Guatemala is the largest country of the Central American
region, both in terms of production (GDP 2015) that amounts
to $63.79 billion, and in terms of a population of 16.34
million inhabitants.
• In the Central American region, Guatemala is the largest
country in territory, market, production, population and has
the most diversified economy.
INDUSTRY IN GUATEMALA
• As an economic activity, Apparel and Textile Industry represents 8.9% of
the national GDP, contributing decisively in Guatemalan economic growth.
On account of this dynamic and efficient development, this industry is the
country’s largest exporter, producing garments for prestigious brands in
the world.
• In 2015, the industry exported 1.592 million dollars to more than 70
markets, especially the United States of America, Central America and
Mexico.
La industria de Vestuario y Textiles de Guatemala
More than 280 companies
integrates our supply chain:
•
•
•
•
Clothing companies
Textile and spinning mills
Supplier companies:
• Accessories:
buttons,
zippers, labels, hangtags,
collars
• Embellishments:
embroidery, sublimation,
screen printing, dyeing
• Services: design, cutting,
textile
laboratory,
transport and logistics
Agents
The industry
represents the
8.9% of national
GDP
Taking into account that its
production is 2.5% and what
contributes with other industries
related to the sector is 6.4%
The industry
generates more
than 180,000
direct and
indirect jobs
which 46% are
held by women.
Industry Competitive Advantages
Guatemala:
Commercial
Hub
Strategic location with
access to the oceans.
Guatemala is a
logistic center
given its
proximity to
United States
Higher
added
value
products
Central
America
Market
integration
Integrated
supply chain
From yarn, fabrics,
embroidery, screen
printing, sublimation,
trimmings,
dyeing
and special finishes
until
the
final
delivery
of
the
product.
Productive
and skilled
workforce
Full
Package
capability
Flexibility in
production
volumes
Culture of
innovation
Manufacturers have
innovated its services
in order to offer
quality according to
new trends
Industry Competitive Advantages
DUTY FREE ACCESS
to several markets
Guatemala's
Apparel
and Textiles sector
takes advantage of
trade
agreements,
which has strengthened
its market in various
industries such as the
United States, Central
America and Mexico.
Trade Statistics
November 2015 - 2016
Source: Bank of Guatemala (BANGUAT)
Guatemala: Traditional vs. Non Traditional Exports
January to november 2015-2016
(Millions of US $)
Millions of US $
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
2,015
2,016
Traditional
2,322
2,185
Source: Bank of Guatemala (BANGUAT)
Non Traditional
7,540
7,303
Apparel & Textiles
1,470
1,406
Main export products
January to november 2015-2016
(US$)
US$
1,600,000.0
1,400,000.0
1,200,000.0
1,000,000.0
800,000.0
600,000.0
400,000.0
200,000.0
0.0
Apparel
and
Textiles
2,015 1,469,912.
Sugar
Banana
Coffee
Fats and
oils
Beverages
Farmaceut
products
Lead
Plastics
Fresh
fruits
808,993.5
666,747.9
637,157.3
331,406.6
279,444.1
300,441.9
295,381.3
291,587.4
246,193.1
2,016 1,406,248.
722,020.9
652,868.2
624,165.0
414,051.5
297,706.8
296,704.6
293,838.5
290,117.4
265,185.4
Source: Bank of Guatemala (BANGUAT)
Top products from the Apparel & Textile Industry
Exported from Guatemala
Some of the brands produced in Guatemala
…
Main Exports Markets
United States
•79%
Central America •14%
Mexico
•3%
Canada
•1%
Other countries •3%
Guatemala’s Apparel and Textiles
Association promotes the exports of this
sector that watches over the interests of
this sector through strategic alliances
and lobbying with public and private
entities at national as well as
international level.
Services offered by VESTEX
1. Information Center
2. Marketing & Promotion
3. Access to markets & Rules of Origin
4. Corporate Social Responsibility
5. Compliance (legal, tax, health & safety)
6. Electrical Topics
7. Environmental Responsibility
8. Trainings
9. MAQCORE (Korean producers)
VESTEX
14 calle 14-30, zona 13 2do nivel
01013 Ciudad de Guatemala
Tel.: 502 2410 8323
[email protected]
www.vestex.com.gt