Garment Production Costs is More Favorable in Guatemala than in China

2011-03-28

The high price of garment production in China and India and the growing demand of the international market provide an unprecedented opportunity for textile companies in Central America. According to Gail Strickler, textile department assistant of the Guatemalan Ministry of Commerce, the garment cost of the Chinese garment factory has risen 3.2%, while the cost in the last quarter of 2010 in the Central American countries has decreased by 7.4%, especially that of the shirts and pants. U.S. officials said that because of these reasons, orders to the Central American countries are more attractive as customers wish to place orders to countries with free trade agreements.