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Specialized Textiles and Apparel

 

 

Vertical integration of the supply chain, allowing easy market access

 

The textiles and apparel sector is one of the main engines for the development of El Salvador. With a value chain that has been consolidating and vertically, incorporating all production activities of the textiles and apparel chain, from the production of fibers, manufacture of yarns and fabrics, product design, high value added garment manufacturing and the associated logistics.


Investment Opportunities

 

  • It is the only country that has been able to develop a full synthetic cluster in Central America.

 

  • El Salvador has significant competitive advantages for the location of textile and apparel companies, highlighting the speed to market and geographic proximity, complemented with free trade agreements that give access to an important customer market. The Free Trade Agreements El Salvador offers with several countries allows access to a potential market of 1,200 million customers worldwide.

 

  • The Yarn forward rule of origin granted by the CAFTA-DR, allows free access for qualifying textile and apparel products made using U.S. and/or Central America-DR yarns and fabrics (nylon, polyester, micro fiber, among others –products paying a 32% tariff when imported from Asia through the U.S.)

 

 

  • El Salvador has one of the most competitive labor costs in Central America, including fringe benefits and a qualified workforce that outstands in the region.

 

Advantages of Investing in El Salvador

 

  • It is the only country that has been able to develop a full synthetic cluster in Central America.

 

  • El Salvador has significant competitive advantages for the location of textile and apparel companies, highlighting the speed to market and geographic proximity, complemented with free trade agreements that give access to an important customer market. The Free Trade Agreements El Salvador offers with several countries allows access to a potential market of 1,200 million customers worldwide.

 

  • The Yarn forward rule of origin granted by the CAFTA-DR, allows free access for qualifying textile and apparel products made using U.S. and/or Central America-DR yarns and fabrics (nylon, polyester, micro fiber, among others –products paying a 32% tariff when imported from Asia through the U.S.)

 

  • El Salvador has one of the most competitive labor costs in Central America, including fringe benefits and a qualified workforce that outstands in the region.

 

Actualizado 05/03/2018