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.
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. 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.
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.