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Tuesday, September 20, 2011
Mexico's Booming Garment Manufacturing Industry
Did you know that not only is Mexico a leader in the automobile and aerospace engineering and manufacturing industries, but in the textile manufacturing business as well? According to data from Banxico (Banco de Mexico), the Mexican Chamber of Garments Industry, and Camara Nacional de la Industria del Vestido (Canaive), sales of clothing garments made in Mexico abroad are assisting national production levels from falling. Banxico’s data reveals that exports have started growing over the past 2 years; in the first half of 2010 they grew 5.3% and from January to June 2011 growth was 7.8%.
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