The textile and clothing industries production are very strong sectors in Mexico, however, Mexico is not a textile machinery manufacturer, so this equipment is basically imported. Mexican textile machinery and equipment imports from the world totaled an estimated US$85 million dollars from January to July 2008. Imports during the last three years have remained almost at the same level.
Of this total, US$ 22.8 million were invested in winding, reeling, spinning, and carding machines; US$ 11.6 in extruding and drawing machines; US$ 4.1 million dollars in weaving machines; US$13 million dollars in knitting, and stitch bond machines; US$33.2 million dollars in parts and accessories. Approximately 20% of this equipment was imported from the United States. Other countries such as Hungary, Germany, Italy, Switzerland and Japan are the key players in this sector with over 50% of the textile machinery imported in Mexico.
Due to the present economic situation, imports of new textile machinery will be dramatically reduced. This will result in an export opportunity for Chinese firms given that a significant increase of parts and accessories to refurbish the actual equipment will be required.
The equipment from Europe, mainly Germany, has increased its share in the market in the last years, creating a reduction in imports of machinery from the U.S. However, the United States has the second place in selling machines for winding, reeling and spinning, and the fourth place in weaving machinery after Germany. The U.S follows Germany in selling parts and accessories for this type of machinery. Asian countries like China, Taiwan and Japan have been increasing exports in the last years, compared to similar equipment from other countries.
Manufacturers are taking this option due to lower prices for Asian equipment. Some exports of textile machinery from Mexico are made to South America. Mexican exports of textile machinery and parts totaled an estimated US$3 million dollars from January to August 2008. Primarily refurbished or used machinery is exported.