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Search Enter keywords, a title or a report id number below. In All Categories --------------------- Telecom & Computing Business & Finance Mfg & Construction Pharma & Healthcare Consumer & Retail Gov & Public Sector Energy & Transport Country Reports Company Reports --------------------- Transcripts Advanced      Select a currency for use throughout the site Australia Dollars Canada Dollars Euro Japan Yen Sweden Kroner Switzerland Francs UK Pounds US Dollars Viewing report Order by Fax Printer Friendly PDF Brochure Send to Friend Enquire before Buying Electronic Profile of the Maquila Apparel Industry in Honduras Textiles Intelligence, Pages: 35   Description     Table of Contents        Enquire before Buying    Send to a Friend   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). The sector began to boom in the late 1980s following implementation of the US Caribbean Basin Initiative (CBI) and passage of the Honduran Export Processing Zone Law, which provides incentives to national and foreign investors. One important recent development has been a significant increase in added value. This reflects the gradual transformation of Honduran companies from “807” manufacture—involving the assembly of US components—to “full package” operations, where the manufacturer receives detailed specifications from the buyer and is then responsible for acquiring the inputs and coordinating all parts of the production process. 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. Honduran manufacturers should, however, gain from the Central America Free Trade Agreement (CAFTA) which will enable them to use Mexican materials without losing preferential access to the US market. Customers who bought this item also bought Performance Apparel Markets - Issue 15 Global Textile and Apparel Sourcing To 2005 and Beyond Global Textile and Apparel Trade To 2005 and Beyond: Winners and Losers Performance Apparel Markets - Bridging the Gap Between Technical Textiles and Fashion Textile and Apparel in China: Competitive Threat or Investment Opportunity? Performance Apparel Markets - Issue 12 Profiles of Five Malaysian Textile and Apparel Producers Global Textile and Apparel Trade To 2005 and Beyond

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