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

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eric Scholler
Groz-Beckert

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

Suresh Patel
Sidwin Fabric

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
January 2017

January 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