Recently, the Mexican Fashion Council (CMM) pointed out at the International Fashion Show in Mexico that in 2014, the trade surplus of the Mexican textile industry (including clothing and accessories) is expected to double, from 4 billion pesos to 8 billion pesos.
The Mexican Fashion Association stated that Mexico’s textile industry is the only industrial sector of the national economy that is currently active and has the potential to develop.
At this meeting, Sergio Lopezdela Cerda, coordinator of the Mexican Fashion Association and president of the Mexican National Garment Industry Association, said that the textile industry ranks third in the country’s manufacturing industry and will soon become the second largest sector. Therefore, The government should give priority.
Consolidated data for 2013 indicate that Mexico’s textile sector has an estimated annual combined output value of 144 million pesos, with a growth rate of 0.1%. , Mexico’s textile industry consists of 95,130 companies operating in five production sectors, employing nearly 792,772 practitioners, with exports reaching 16 billion pesos, and a total trade surplus of 4 billion pesos.
At this meeting, members of the Mexican Fashion Association stated that to reach a trade surplus of 8 billion pesos in 2014, Mexico’s textile industry needs to link different value chains and promote competitiveness through innovation, design and technology. Make Mexico a leader in the international textile industry.
