NICARAGUA BOOSTS T-SHIRT SALES TO THE EU, BUCKING A DECLINE IN OVERALL APPAREL EXPORTS
October 1st, 2019
Nicaragua, a leading apparel producer in Central America, has been suffering a decline in revenue on exports to the European Union (EU) this year, expect for one category that is bucking the trend: T-shirts.
According to the EU statistical office Eurostat, total revenue from the country’s apparel and footwear exports to the region dropped 6.8% to EUR178.2 million in the first half of 2019 from EUR191.2 million in the same period in 2018.
However, revenue on exports of knitted or crocheted T-shirts, singlets and other vests surged 50% to EUR14.2 million from ...
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