About VESTEX

TEXTILE INDUSTRY ASSOCIATION OF APPAREL AND TEXTILES

The appeal and textile sector is distinguished nationally and internationally as a competitive, responsible, versatile and flexible sector. We know our customers’ needs and surpass them, offering quality and speed, as the products and services offered in the supply chain is well-known by its high added value.In Guatemala, the well integrated supply chain of the apparel and textile, manufacturing and accessories, represents one of the main sources of formal employment and foreign direct investment.

Mission:
We are a highly productive, innovative and flexible sector compound enterprises clothing, textiles, services and accessories, which are related operating from Guatemala and mainly sold abroad.

Vision:
The sector of clothing and textiles is nationally and internationally perceived as a competitive and responsible industry for its versatility, flexibility and speed to react and respond with quality, providing services that meet the needs of their customers because they know the needs of end consumers offering products with design and value.

Events           

The Apparel Sourcing Show is the only event in Central America, and this year celebrates its 24th edition. The show is directed exclusively to professionals in the apparel industry and textiles. Inside the exhibition floor offering all the supply chain for the industry´s needs.

Free Trade Agreements

The use of existing free trade agreements facilitates cross-border trade between partners. Learn rules of origin that allow you to make the correct use of the tariff preferences that have been granted by means of free trade agreements Guatemala has with other countries.

Information

VESTEX has created a culture of legality through its work programs that allow manufacturers to compete regionally and globally with better opportunities, complying with labor laws from its commercial partners.

1,591

Millions of dollars exported

8.9%

Domestic Production (GDP)

19%

Industrial domestic production (GDP )

46%

Of the jobs are taken by women

¿What We Do?

Our Services

We specialize in providing integrated services to our customers, because we know the trends and needs of final consumers. Corporate Social Responsibility characterizes us with the country, creating quality jobs and high value added products with design. The legal and commercial obligations are our standards and government entities collaborate as strategic partners to compete worldwide .We anticipate to our competitors because we offer services that our members request to achieve their goals their objectives. In order to support the companies of the sector, VESTEX has developed different work areas as follow:

Labor

Which main purpose lies in supporting companies to comply with appropriate labor standards and use it as a competitive advantage for Guatemala.

Marketing and Promotion

Seeks to position Guatemala as the regional center for sourcing, production, marketing and sales for apparel and textile industry as well as achieve and maintain institutional presence in actual markets.

Access to Markets

Through this area the industry seeks to have the best conditions for Guatemala through trade opening to ensure the maximum access to major export markets.

Services & Accessories

Created a way to actively contribute to improving the competitiveness of the supply chain and identify the range of services and accessories in the country.

American-football

Currently the apparel textile sector is one of the most dynamic one in the national economy, contributing significantly to economic growth and development. Representing 8.9% of domestic production (GDP) and 19% of industrial production (industrial GDP).The industry has specializes in: 22.39% plain weave cotton and synthetic fiber blends (polyester, cotton, etc.) a 77.61 % knitted cotton, synthetic and mixtures (jersey, interlock, rib, etc).

Directory 2016

Apparel Companies: 180 companies 0

Textile Mills: 37 companies 0

Accessories and Services: 60 companies 0

STATICS

The total exports of the country during 2014, reached 10,833 million dollars which means 8.1% more than what was exported in 2013.

the traditional exports   represent the 25.8% of total exports.

Exports of Non-Traditional Products, represent 74.2% of total exports.

Apparel and Textiles remains the major export of the country, with a slight increase of 0.9% versus the exported amount in 2013.  Manufacturing goods keep gaining market share in Central America as in the rest of the world with a growth of 4.4%.

SOURCE: BANCO DE GUATEMALA

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For more information of our services, conferences and exports capacity

Collaborators