Honduras the third largest foreign supplier to the USA

In 2002 Honduras exported 121.1 mn garments, making it the largest supplier of clothing in Central America. The country is also the third largest foreign supplier to the USA, after China and Mexico.

(PRWEB) January 31 2004--Research and Markets announces the addition of this new report entitld "Profile of the Maquila Apparel Industry in Honduras" to its offerings.

In 2002 Honduras exported 121.1 mn garments, making it the largest supplier of clothing in Central America. The country is also the third largest foreign supplier to the USA, after China and Mexico.

In November 2003 the maquila sector comprised about 176 manufacturing companies, most of which are members of Asociación Hondureña de Maquiladores (AHM).

Honduras is well equipped with suppliers of apparel components and accessories, and fabric production is growing rapidly.The transformation into full package production is important to the survival of Honduran firms after December 31, 2004, when quotas restricting global textile and apparel trade are due to be eliminated.

From 2005 the quota-free access enjoyed by Honduran garment manufacturers in the US market—upon which they depend for 90% of their output—will cease to be a competitive advantage.

For a complete index of this report click on http://www.researchandmarkets.com/reports/42912

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CABC S.A. (Central American Business Consultants)

Honduras:
CABC S.A., 21 Ave. 11 Calle #2, Col. Zerón, San Pedro Sula
USA:
CABC CORP., IMCSAP #724, 7801 NW 37th Street, Miami, FL 33166
Germany:
CABC, Andechser Strasse 23, 82319 Starnberg

USA: 786-206-4872
Honduras: (504) 553-6841