|Market Research A to Z | Company Profiles A to Z | Register | Contact Us | Shopping Basket|
|+44 (0) 203 086 8600 Call us on|
The Mexican textile market accounts for 3.2% of Mexico's manufacturing GDP compared to 2.8% for the apparel industry. Interestingly, both the textile industry and apparel manufacturing in Mexico account for 20% of all manufacturing employment. Mexico is a major textile producer due to lower than average labour costs and the market's close proximity to the United States. Mexico's strong ties with the United States economy means that the textile industry is very sensitive to any dollar fluctuation. In 2009, the textiles industry in Mexico lost 68,000 jobs and several companies closed. Mexico is currently the fourth supplier of textile and apparel products to the United States with the import market expanding by 26% in 2010.
The major textile manufacturing centres are located in Guadalajara, Monterrey and Mexico City. Mexican yarn producers do not cover all the needs of the fabrics sector and as a result, a significant amount of yarn is imported, especially polyester / vicose and polyester / cotton.
The Mexican textiles sector has a large number of agents and distributors for market entry and the distribution of goods. Any exporters to Mexico can benefit from the NATA Certificate of Origin agreement which was signed in 1994. Mexico reduced its tariffs on textile and apparel imports from the United States although a certificate of origin is required to be held for a minimum of 10 years. The origin rules as part of the NAFTA agreement are complex and detailed.
Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support
Use our skills and global network of researchers and consultants to help find and source the business information you need.
Contact us now on 00 44 (0) 203 0868600 or "enquiries @ companiesandmarkets.com" to discuss you requirements and we can provide you with a research solution at suprisingly efficient rates and timelines.
Sometimes we can even find the information you require for free.
We are offering our clients substantial savings on the best research available during September. Please contact us either via email or by calling our team to discuss your specific research needs on Tel: 00 44 (0) 203 0868600.