Fashion and Decoration Industry in Mexico
Textile and clothing industry
Mexico has a vast experience in manufacturing and exporting casual clothing, suits and lingerie. By focusing on these values-added products, Mexico has a great opportunity to offer fashionable products that are focused on specific niches.
In 2008:
- Mexico was the 4th largest supplier of textiles and clothing to the US.
- Mexican textile and clothing exports reached 6.8 billion USD.
- Nearly one in eight manufacturing jobs in the nation is in the apparel and textile sectors.
- The textile and apparel industry provided 3.7 percent of Mexico?s manufacturing gross domestic product (GDP).
Leather and shoe industry
- Mexico was the world?s 9th largest supplier of leather goods and shoes.
- Mexican exports of leather and shoes reached 554 million USD.
- Between 2004 and 2008, it produced 273.5 million pairs of shoes.
- The footwear and leather industries contributed to 1.2% of the country?s manufacturing GDP.
- The footwear market in Mexico was worth 2.7 billion dollars in 2008 and had a 9.9 percent average annual growth rate between 2004 and 2008.
- It is estimated that it will sustain a 10.4 percent average annual growth rate from 2008 to 2013, generating 4.5 billion dollars at the end of this period.
Jewelry and gift industry
Mexico?s jewelry and gift industry is well positioned in the international market due to the high quality of its products, as well as its attractive designs, which are the result of our country?s rich and diverse cultural traditions.
In 2008:
- The global value of jewelry exports reached 2.5 billion dollars, while the decoration and gift sector exported merchandise worth 718 million dollars
- 12,000 companies work in these sectors, of which 12% of them are exporters.
Furniture and Decoration industry
In 2008:
- Furniture and related products accounted for 1.3 percent of Mexico?s manufacturing GDP.
- Mexican furniture exports reached 3.7 billion dollars and 93 percent of these exports were destined for the US.
Mexico?s strengths in these industries
- Proximity to North American markets. Mexico?s production facilities are flexible enough to supply seasonal and fashion goods in a timely and cost-efficient manner.
- Fashion goods manufacturing is supported by a high-quality, experienced labor force, along with a competitive infrastructure and logistics.
- A large, diversified base of suppliers and specialized service providers.
- A rich cultural tradition that has enabled the development of a growing design sector, with an ever increasing global presence.