Cheap clothes from Asia disrupt Mexican market
According to Mexico’s “Economist” report, in the first five months of this year, a total of 10 million pieces of cheap clothes from Asia entered the Mexican market, with an average of only 31 cents per piece of clothing. Subsequent sales in the Mexican market The price even reaches $10.
In the first five months of 2012, Mexico’s clothing industry grew by 10%, but at the same time, a total of 196 small businesses in the industry closed down.
Lopez, president of Mexico’s National Chamber of Clothing Industry, said that in the first five months of this year, a total of 1.7 million sports T-shirts, 3.8 million pairs of synthetic fiber socks, and 3.7 million bras from China and Malaysia entered the Mexican market, thus cracking down on the Ink clothing industry.
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