Mexico grows in value, but not participation in footwear
In the footwear sector, the share of Chinese imports in the United States has also lost market between 2018 and 2022, falling from 53% to 39%, a difference of 14 percentage points, but in value it is a growth of 1%.
This case stands out because, in said period, the value of the United States' imports of footwear from Mexico grew 62%.
However, Mexico's market share in US imports has remained at 2%.
The above is explained because countries such as Cambodia, Indonesia and Vietnam have exponentially increased the value of their sales to the United States, by 233%, 105% and 79%, respectively.
“In order to ensure that Mexican companies are considered suppliers of brands from the United States and Canada, they need to work on their “professional training, social responsibility, customs security, competitiveness and productivity,” says the study.
