Guatemala faces a dangerous equation: a high minimum wage (US$484) and a low capacity to use resources to produce goods and services. According to the ILO’s Labor Productivity Index, the country ranks 122nd out of 189 countries.
Guatemala faces a dangerous equation: a high minimum wage (US$484) and a low capacity to use resources to produce goods and services. According to the ILO’s Labor Productivity Index, the country ranks 122nd out of 189 countries.
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.
The U.S. Embassy reported that the U.S. and Guatemala committed to formalize a work plan to develop Puerto Quetzal, including additional feasibility studies, design planning and training by U.S. experts for the local infrastructure workforce.
