Home / Knowledge / News / Apparel/Garments / Apparel sector fighting losing battle
Apparel sector fighting losing battle
14
Jul '10
Mexico is amongst the top 10 exporters of textiles and apparel to the US, but is fighting a losing battle in its domestic markets. Illegally imported clothing, now accounts for nearly 60 percent of garments sold in the local markets, up from 50 percent, three years ago.

The Mexican apparel export sector was badly hit by the economic downturn of 2008, since a majority of its shipments are destined for the United States, which was the epicenter of the economic crisis and also was the worst affected.

But experts are optimistic about the current year. According to them, 12,000 news jobs have been created in May 2010, against job losses totaling to around 50,000 in the period between 2008 and 2009.

The apparel goods that are imported in to Mexico are undervalued to a large extent, to save on import duties, due to which they are also sold at a very competitive price, vis-à-vis the domestically produced goods.

The textile and garment sector is lobbying hard with the government to crackdown on these illegal imports, as at the same time, the government too is losing heavy revenues in the form of duties, due to under-valuing of imports.

Fibre2fashion News Desk - India

Must ReadView All

Information Technology | On 28th Mar 2017

Intex Consulting signs partnership with Kawan Era Baru

Germany based Intex Consulting GmbH has entered into a strategic...

Courtesy: Kraig Laboratories

Textiles | On 28th Mar 2017

Kraig gets certificate for silk production in Vietnam

Kraig Biocraft Laboratories, Inc., a leading biotechnology company...

Courtesy: Creora

Textiles | On 28th Mar 2017

Hyosung holds Creora workshops in China, HK & Taiwan

South Korean specialty fibre producer Hyosung held a series of...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search