Honduran Maquila Exports Drop 9.6% to August on Weak US Demand

Honduran maquila exports fell 9.6% by August, a $347 million decline, driven by a 74.5% drop in textile shipments, particularly clothing to the United States. The IMAE confirms clothing manufacturing contracted 3.8% due to lower demand from the US, Nicaragua, Belgium, and the UK. This signals weakening external demand for Central American manufacturing, with potential implications for regional growth and trade balances.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works