MEXICO CLAWING BACK ITS ROLE AS AMERICA’S KEY CLOTHING SUPPLIER
April 1st, 2012
BY JONATHAN DYSON, IN CANCÚN
SIGNS are emerging that Mexico's textile and apparel industry is reclaiming a growing proportion of the US market as it benefits from an increasing focus on higher-value products and greater diversification. Mexico's share of the US market, which accounts for around 55% of its textile exports and 95% of its apparel exports, dropped sharply following China's entry into the World Trade Organisation (WTO) in 2001 and its subsequent domination of the global textile and apparel market. In 2000, Mexico was the US's largest apparel ...
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