Key Market Indicators
Mexico's fabric exports are set to drop by 5.4% year on year to $21.4 million by 2026, down from $29.5 million in 2021. Since 1995, the country's supply has decreased by 6.3% year on year. Serbia overtook Mexico as the 44th largest exporter in 2021, while South Korea, Italy and Germany respectively ranked 2nd, 3rd and 4th. Meanwhile, fabric imports into Mexico are expected to rise by 0.1% year on year to $713.7 million by 2026. Since 1995, the country's demand has grown by 0.8% year on year. In 2021, Sri Lanka surpassed Mexico as the 6th largest importer, while Indonesia, China and the United States respectively ranked 2nd, 3rd and 4th.
