Mexico Imports China Denim Accounts For 36% Of Total Output.

2011/6/20 9:29:00 78

According to the Mexico Textile Industry Association (CANAINTEX), Mexico's cheap denim imported from mainland China is only $0.27 per square meter, resulting in a large number of low price imports in 2 years.

Mexico

7 workers shut the factory, causing 5000 employees to be unemployed, and the remaining industry capacity also reduced by 30% or 40%.

The director of the association, RodolfoGarcia, said that from 2007 to 2010, denim grew 236% from mainland China. In 2007, the market share of denim in mainland China in Mexico was 8.7%, and 2010 was 35.6%. In 2010, Mexico imported 98 billion 994 million denim from mainland China, accounting for 98 billion 994 million square meters.

Denim

36% of the total output.

Since 2011, denim has been imported from mainland China up to 10 million square meters per month. The denim made in China has been almost replaced by Chinese mainland products.

G director also called the current average.

International cotton price

For the cost of $1.5 per pound, the cost per square meter of production is US $0.96. The price of denim imported from mainland China is lower than the cost of production. Therefore, we call on the Ministry of economic affairs of Mexico to levy anti-dumping duties on denim imported from China.