Between 2019 and 2023, GDP in the textile and apparel industry declined at an average annual rate of 3.3%, with 2021 being its best-performing year (+37.3%). However, from January to September 2024, industrial production in the textile and apparel sector recorded growth of 8.2%. This result was explained by the recovery of the apparel industry (+10.4%), driven by higher production of T-shirts, trousers, blouses, and pajamas, as well as growth in the textile products industry (+4.8%), due to higher production volumes of cotton yarn, blended yarns, jersey fabrics, rib fabrics, among others.
