Textile and Clothing Industry in Mexico Evaluated in Textiles Intelligence Ltd Modern Research Publication Recently Published at MarketPublishers.com04 Mar 2015 • by Natalie Aster
LONDON - In 2013, the textile and clothing industry in Mexico employed over 413,000 people, with most of them (74%) working in the clothing segment. In the same year, the textile and clothing exports fell dramatically. They were approximately 40% lower than in 2000.
The Mexican textile and clothing industry is highly dependent on imported raw materials. In 2013, imports were overcame exports by USD 2.24 billion. The USA is a key market for Mexican exports of textile and clothing. However, the country started facing competition from Chin. Besides, Chinese companies make attempts to deepen their footprint in the Mexican market. Over the period 2008-2013, Mexican imports of clothing from China escalated by almost 560%. In 2013, they grew by 42%.
However, future of the industry remains bright. The country is expected to become the largest economy in the Central and South America in the years to come. Industry players are forecast to bolster their position in the US marketplace and enter new markets.
Detailed research study “Prospects for the Textile and Clothing Industry in Mexico” prepared by Textiles Intelligence Ltd covers the dynamics of the textile and clothing industry in Mexico. The report highlights the importance of the industry to the local economy; discusses development of the industry and contains a geographical, political and economic profile of the country. Details on the infrastructure, a size and structure of the industry, production and consumption dynamics, exports and imports trends can be found in the study. Besides, SWOT analysis of the industry, data on government and investment initiatives as well as future prospects of the industry are available in the research report.
Prospects for the Textile and Clothing Industry in Mexico
Date: January, 2015
Price: US$ 910.00
More insightful research reports by the publisher can be found at Textiles Intelligence page.