Honduras maintained its apparel and textile export revenues in 2001, with latest data showing export revenues totalled US$2.34 billion, a slight drop from the US$2.36 billion recorded in 2000.

The Honduran Maquila Association also reported that by December 2001, total employment in the sector fell to 110,000 jobs - down 15,000 from December 2000. A slowdown in the US economy is blamed.

Honduras is the second largest exporter of apparel and textile products to the US after Mexico, and the first among countries enjoying Caribbean Basin Initiative benefits.