HONDURAS STRENGTHENS POSITION AS US NEAR-SOURCING PARTNER, EVEN AS RECESSION CLOUDS LOOM
October 12th, 2022
Honduras is strengthening its position as an outsourcing partner for the US clothing industry, with the central American country generating the second highest receipts from sales of textiles and finished garments under free trade agreements to the United States, just behind Mexico.
During the first eight months of 2022, Honduras exported USD2.23 billion in finished textiles and apparel to the USA, of which USD1.57 billion’s worth was sold under special access provided by the CAFTA-DR (Central America-Dominican Republic Free Trade Agreement), according to ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.