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Maquiladoras in Honduras aim for $4.2 billion

Thursday, October 4, 2018

The in-bond assembly plants known as maquiladoras say they will export some $4.2 million of garments, textiles and wire harnesses this year, a 2.5 percent increase own 2017, according to the Central Bank.

The maquiladoras account for 5 percent of the nation's GDP, and the number of jobs created is running at 2 percent a year.

Almost three quarters of all the exports go to the United States, 17 percent to the rest of Central America, 2 percent to Mexico and 4 percent to Canada.