APPAREL AND TEXTILE

Guatemala has an integrated cluster that allows the interaction of companies from yarn, clothing, fabric and garment finishing, and accessories. This enables the sector to provide high-value-added products with a comprehensive package and rapid response services to its worldwide consumers.

Natural fibersSpinnersTextilesConfectionsFull Package

Industry in figures

The garment and textile industry in Guatemala has a history of more than 30 years and accounts for 15% of total exports, making it the country’s major export sector.

GPD growth in 2022

Markets in 2021

Exports in 2022

Jobs in 2022

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WHY INVEST IN

Apparel and textile

It is a booming business, and Guatemala serves as a platform for enterprises in the field to be closer to major customers globally (United States, Mexico).

Investment opportunities

Textiles and apparel, as well as related industries such as accessories, labels, zippers, dyeing, garment finishing, and so on.

PRODUCTS: 8 categories: cotton knitted t-shirts M/B; sweaters, pullovers of synthetic fibers M/B; cotton dress coats; shorts, synthetic fiber pants, M/B; undergarment

Success Stories

The Spanish firm will open its new production base in Guatemala, which will be the largest in the textile group. They invested €40 million to achieve a state-of-the-art industrial plant based in high technology and sustainability. "Its geographical location will allow Nextil Group to access the large manufacturing market in competition with Asian suppliers obtaining maximum efficiencies in logistics and distribution, with preferential tariff access," the company said in a statement.

Funded on 1960, the company became one of Guatemala’s major knit supplier. MT Textil is one of the few vertical manufacturers in the region. Just this year, it invested US$ 80 million

An American company that for more than 35 years has diversified into a comprehensive provider of brand identification solutions for the apparel industry. On april, 2022 the company announced it began operating in Guatemala in order to support growth of the near-shoring market in western hemisphere.