The most recent data from the Guatemalan textile production sector point to a drop in exports of around 15% at the end of this year, due to lower demand from customers in the United States, which is the main buyer, which would be associated with the effects of inflation and the measures adopted by the Federal Reserve (Fed) regarding interest rates.
In a world in which global supply are in a constant flux, the textile and apparel in Guatemala has been compete solely due to costs.
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The 32nd edition of the Apparel Sourcing Show (APSS) reaffirms this resilience. It is the only regional fair specialized in this industry and this year highlights the sustainability and innovation of the Guatemalan cluster.
With a consolidated ecosystem in the textile industry , Guatemala competes and positions itself as a strategic supplier in the “big leagues” of the sports market. From uniforms to fan apparel, products reach the NBA, NHL and MLB.
