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International Textile News Express May 20, 2013

2013/5/20 13:44:00 27

SalvatoreTextile IndustryNicaragua

< p > < strong > Salvatore expects 2013 a href= "//www.sjfzxm.com/" target= "_blank" > textile > /a > industry growth 6.5% < /strong > /p >


< p > in recent years, Salvatore textile a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > industry is developing rapidly. It is expected that in 2013, the textile industry of Salvatore is expected to grow by 6.5%.

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< p > 2012, Salvatore exported $1 billion 716 million to the US, accounting for 78% of the total export volume of SA textiles.

93% of the total exports to the United States came from textiles and clothing, and became the ninth largest garment supplier in the United States.

Central America is the second largest export market for SA textiles, with an export volume of US $397 million, accounting for 18% of the total textile exports. Mexico is the third largest exporter of Salvatore, with an export volume of US $34 million 660 thousand, accounting for 1.6% of the total textile exports.

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< p > 2008, the United States signed a free trade agreement with Central America (CAFTA-DR). Salvatore's man-made fiber industry has been greatly benefited from this, and has formed an industry gathering and development in the middle and lower reaches of the country.

In addition, at present, the Asian region is facing unfavorable factors such as the increase of electricity charges, logistics costs and the rise of China's labor costs, which provides an opportunity for Salvatore to develop the textile industry.

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< p > < strong > Nicaragua encourages cotton planting to facilitate the development of domestic textile industry < /strong > < /p >


< p > cotton and coffee are the main economic and export crops in Nicaragua in 60 and 70s. In recent years, the Ministry of agriculture and animal husbandry of Nicaragua has been stationed in foreign textile and garment industries in the export processing area, opening up the market demand of "a href=" //www.sjfzxm.com/news/ index_c.asp > cotton /a > market, and replanting cotton in the western provinces. In early 2012, 1120 hectares of cotton fields were officially harvested.

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< p > Nicaragua believes that the promotion of cotton planting can not only create a large number of employment opportunities, but also help the development of the textile industry. It is indeed a positive and positive industrial policy.

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< p > future a href= "//www.sjfzxm.com/news/index_s.asp" > cotton < /a > supplied by Nicaragua will save the pportation costs of importing raw materials from Asia and the US, and help to enhance the competitiveness of Nicaragua's textile industry and attract more businessmen to invest in it.

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