Mexico’s economy has performed well relative to other major Latin American economies in recent years, largely because of its thriving manufacturing sector. Unlike Brazil and Argentina, whose manufacturing sectors are slumping, Mexico has continued to see solid growth because of its integration with and dependence on the U.S. market. Although low global oil prices will put pressure on Mexico’s economy, the performance of the manufacturing sector — especially in high-end manufacturing — will be a key driver of Mexico’s economic growth this year and beyond.
Rising wages in China and cancellation of TPP have once again changed the equations and paved a comeback way for Mexico and and we see a resurgence of exports to US including apparel . Average manufacturing labor costs in Mexico are now almost 20 percent lower than in China, whereas in 2000, Mexico’s labor costs were 58 percent more expensive than China’s.In this report we did a detailed analysis of Export of Denim Fabric and Denim Apparels ( Both Men & Women) By Mexico during 2015 – upto Q2,2017 .
Table Of Contents
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1. |
Table showing the imports of denim’s to USA from Mexico for the period 2015 – 2017 |
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2. |
Graph showing the imports of denim’s to USA from Mexico for the period 2015 – 2017 |
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3. |
Graph showing the average price of denim’s to USA from Mexico for the period 2015 – 2017 |
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4. |
Table showing the imports of men’s/boys jeans to USA from Mexico for the period 2015 – 2017 |
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5. |
Graph showing the imports of men’s/boys jeans to USA from Mexico for the period 2015 – 2017 |
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6. |
Graph showing the average price of men’s/boys jeans to USA from Mexico for the period 2015 – 2017 |
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7. |
Table showing the imports of women’s/girls jeans to USA from Mexico for the period 2015 – 2017 |
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8. |
Graph showing the imports of women’s/girls jeans to USA from Mexico for the period 2015 – 2017  |
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9. |
Graph showing the average price of women’s/girls jeans to USA from Mexico for the period 2015 – 2017 |
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10. |
Table showing the imports of denim fabrics to USA from Mexico for the period 2015 – 2017 |
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11. |
Graph showing the imports of denim fabrics to USA from Mexico for the period 2015 – 2017 |
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12. |
Graph showing the average price of denim fabrics to USA from Mexico for the period 2015 – 2017 |
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On the whole, it is not a bad time for Mexico as it starts getting advantage of increasing costs in China. But there is still a threat looming ! US is speaking of eliminating the NAFTA . If that happens , it will be a big blow for Mexican economy and totally change the way this country will manage its US dependent manufacturing sector. Lets keep our fingers crossed !
