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Mexico Textile Value Added Diversification, The US Market Share Has Picked Up.

2012/5/31 1:41:00 2

TextileMarketRecovery

As exports gradually concentrate on products with high added value and diversity, Mexico

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The share of garment products in the US market is showing signs of gradual recovery.

According to the data from the textile and Clothing Bureau of the US Department of Commerce (OTEXA), in 2011, Mexico exported US $3 billion 800 million to us apparel, an increase of 7.4%.


The United States accounts for 55% and 95% of Mexico's textile and garment export market respectively, but since 2001, Mexico's share in the global textile and garment market has been decreasing.

In 2000, Mexico imported the largest supplier of garments to the United States, but it slipped to sixth at the end of 2010.

Andreu, a professional consultant who has worked with many important textile and garment manufacturers in Mexico, says Adler has gradually tried to develop its strengths, especially in terms of low cost and opening up the US market.

When buyers in the US are reluctant to purchase garments in large quantities due to the unstability of the US market, the manufacturers of Mexico use the "flexibility" and "quick turnaround time" capabilities to reduce the adverse effects of order reduction.

At the same time, according to the data of Mexico Garment Association (Canaive), the wage gap between Mexico and Southeast Asian countries has been greatly reduced in recent years. In 2002, wages in Mexico were 237.9% higher than that in China, and in 2010 it had narrowed to just 13.8% higher.


Andreu points out that apart from the narrowing of the wage gap, it is equally important for the recovery of Mexico's garment industry to enhance and diversify the product quality of Mexico.

Nowadays, there are more and more

Ready-made clothes

Manufacturers are making profits by breaking away from bulk orders and turning to producing popular products. Many garment factories mainly rely on short term delivery orders and products that are designed to produce high quality products. For example, many Western garment factories have extended their product lines to the popular garment market.

In addition, the cooperative relationship between Mexico garment factories and American brands has become increasingly close to meet specific needs. Manufacturers of garment factories in Mexico, especially jeans producers, are able to provide manufacturers with the full range of manufacturing services.

The jeans produced by garment factories are more expensive and innovative, such as the use of the wet denim Storm Denim developed by the US Cotton Corp (Cotton Incorporated) to produce jeans.


Andreu stressed that Mexico cloth manufacturers are currently focusing on the supply of high priced functional fabrics.

The Mexico Fits, which aims to promote Mexico's exports, is made up of a number of related units, including the Mexico Garment Association (Canaive), the Mexico Textile Association (Canaintex), the Mexico Chemical Industry Association (ANIQ), the Mexico Ministry of economic affairs and ProMexico (promoting Mexico's government role in the global economic role).

The company pointed out that the number of garments made in Mexico is increasing. Besides jeans and T-shirts, it also includes woven, knitted shirts, non denim cotton trousers, skirts, suits, underwear, socks, sportswear, swimsuits and knitted garments.

Canaive chief executive Mariam (Maryam) said that many major US retailers and brands were in contact with Mexico manufacturers, and said they would use the advantage of Mexico to return to Mexico for the next purchase.


Canaive's statement stressed that the garment industry in Mexico also wanted to promote the export of garment products to other markets, especially those with trade agreements with Mexico, including the European Union, Japan, Canada and most Latin American countries.

The domestic market also wants strong growth, though this is closely related to the performance of the US economy.

According to market research firm Fast Market Research, 2011 Mexico garments.

retail

The market size is about $5 billion 400 million, which has increased by 2.8% compared with 2007.

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