We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Jun 15, 20243:57am

Mexico loses power as a productive hub: clothing exports plummet by 20% in a decade

Latin American exports have fallen by 9.9% in the last ten years, to 14 billion dollars last year.

Oct 21, 2019 — 8:54am
I. P. G.

Mexico loses weight as a productive hub: clothing exports plummet by 20% in a decade



Mexico loses brightness on the global supply map. In the last decade, the country’s clothing exports have sunk by 20%, according to the latest available data from the World Trade Organization (WTO).


Specifically, the country has gone from exporting clothes worth 5.1 billion dollars in 2007 to 4 billion dollars ten years later. Both are far from the data of, for example, 2005, when they exceeded 7 billion dollars.


In 2017, the sector was affected by the threat of Donald Trump to suspend the North American free-trade agreement, which regulates trade relations between Mexico, Canada, and the United States.


Finally, the three governments reached an agreement to create a new agreement, the T-Mec, which has already been ratified by Mexico and is pending the green light of Canada and the United States.





 Latin America as a whole, has lost abroad. The progress of Southeast Asia has undermined the importance of the region as a productive pole for the sector. In the last decade, clothing exports from South America, Central America, and the Caribbean have decreased by 9.9%.


Foreign sales of clothing from this market have fallen almost every year since 2008, with the only exception of 2019 and 2011, when it was 16.4 billion dollars. The following year, exports fell again 8%, and have continued to decline until they reached 14 billion dollars last year.


Another historical productive pole in the region, Colombia, has reduced its clothing exports abroad by more than half: of the more than one billion dollars it exported in 2007, it has remained at only 427 million in 2017, 70% less.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment