Mexico's textiles & clothing exports to rise in Jan-July 2021: TexPro

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.

 

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.#

 

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.#

In 2019, Mexico exported textiles and clothing worth $4,201.77 million with monthly average exports of $350.15 million. In 2020, exports decreased by 10.52 per cent year-on-year to $3,759.74 million due to the impact of COVID-19 pandemic. Monthly average exports last year stood at $313.31 million, and this figure is expected to surge to monthly average of $397.04 million in the first seven months of 2021. The exports showed a slight rise to $398.12 million in July 2021 over the $395.95 million in January 2021.

 

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.#

Exports of only apparel were valued at $3,269.41 million in 2019 with monthly average exports of $272.45 million. This value decreased by 19.84 per cent year-on-year to $2,620.89 million in 2020. During January-July 2021, the monthly average apparel exports are expected to surge to $281.01 million from the monthly average of $218.41 million in 2020.

 

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.#

Mexico’s textiles exports stood at $285.10 million in 2019 with monthly average of $23.76 million. The value decreased by 24.06 per cent year-on-year to $216.51 million in 2020. In the first seven months of 2021, the monthly average exports of textiles are expected to drop to $14.61 million from the monthly average of $18.04 million last year.

 

Overall exports of textiles and clothing from Mexico are forecast to move up in the first seven months of the current year. Category-wise, textiles constituting fibres, yarns and fabrics are likely to see a drop during January-July 2021, while apparel and home textiles export are expected to grow, according to Fibre2Fashion's market intelligence tool TexPro.#

Home textiles exports fetched $647.27 million for Mexico in 2019 with monthly average exports of $53.94 million. The value soared by 42.50 per cent over the previous year to $922.34 million in 2020, despite the world going through the COVID-19 pandemic. These exports are likely to further rise to monthly average of $101.42 million during January-July 2021 compared to the monthly average of $76.86 million in 2020.