Mexico’s apparel value edge could reshape US sourcing

Mexico’s value edge is widening

The value signal is visible in customs-level trade data. OTEXA figures reported in early August show US textile and apparel imports fell *.** per cent in volume and *.** per cent in value in H* ****, while apparel volumes alone declined *.** per cent. Yet Mexico commands the highest average apparel unit price among major suppliers at $*.** per square metre equivalent (SME) in ****, versus $*.** for Vietnam, $*.** for China and $*.** globally. OTEXA data also identified Mexico as the only major supplier…