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Mexican Textile And Garment Industry Is Facing Competition From Asian Countries In The US Market.

2012/2/16 17:18:00 8

Ink Textile And Garment Industry Market Competition

In the 3 article published by Mexico economist in February 8th, "Asian industry makes Mexico products inferior", "Mexico clothing has lost the US market" and "the fragility of the textile industry",

China

In addition, other Asian countries are more competitive than Mexico, and Mexico's textile and garment industry is weak in front of its rival China.


The article said that 10 years ago, Mexico was the main supplier of textiles and clothing in the US market. In 2000, it accounted for 14.7% of the textile and clothing imports in the United States, but its share in the US market dropped to 4.9% in 2011.

After China's accession to the WTO, it opened up the US market, increased its share of textile and clothing imports from 9.3% to 40.1%, and exports to the United States increased from 1 billion 934 million US dollars in 2001 to US $11 billion 238 million.

Mexico has lost the US market not only because of China's competition, but also to others.

Asia

Competitor.


Professor DUSSEL of University of Nacional Autonoma Mexico analyzed that the main reason for the lack of competitiveness of Mexico's textile and clothing industry is the continuous improvement of industrial integration, technological upgrading, personnel training and labor productivity improvement in Asian countries.

According to the statistics of the Ministry of economic affairs of Mexico, the largest decline in Mexico's manufacturing exports in 2001 was the textile and clothing industry, with a drop of 28% in -2011.

The proportion of Mexico's manufacturing exports has shrunk from 7.9% to 2.9%.


China's accession to the WTO and the competitive improvement of Chinese products have brought great pressure to Mexico's textile and garment industry.


For this reason, the Mexico chamber of Commerce asked for amendment of North American freedom.

Trade

The relevant provisions of the origin area allow the supply of raw materials from Asian countries when supply exceeds demand.

At the same time, it is believed that the urgent problem to be solved in the industry is to obtain loans, improve the flexibility of trade with the United States, resist the illegal actions of the customs, and introduce advanced technology and strengthen the industry in Mexico.

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