Textiles
- Industries /
- Textiles
Textiles
In the textile industry, Mexico boasts high-quality products at competitive prices, a factor crucial for securing its position at the forefront of the national economy. The sector benefits from skilled labor, the strategic location of the country, and a significant capacity to generate employment. These characteristics have contributed to the Mexican economy, reflected in the Gross Domestic Product (GDP), which accounted for 2.9% in 2022.
Opportunities for the textile industry in Mexico are promising. The growing trend of companies seeking local suppliers, coupled with proximity to the U.S. market, provides a favorable scenario for sector growth and expansion. Additionally, the demand for sustainable textile products is on the rise, offering the opportunity to lead in environmentally friendly practices. The adoption of eco-friendly materials and processes will not only meet current market demands but also ensure a sustainable future for the Mexican textile industry.
With a focus on innovation, sustainability, and legal compliance, the Mexican textile industry is well-positioned to continue being a global leader and contribute significantly to the country's economic development in the coming years.
How Kreston BSG® Can Help You?
Accounting.
Audit.
Information Technology and Digital Transformation.
Legal Services.
Social Security.
Tax advisory.
Transfer Pricing.
Among others, primarily.
Our Services
Together, let's go further.
Do you have questions or need advice? Our team is ready to assist you.
Your inquiry is important to us. Whether you need tax, strategic, or financial guidance, we are ready to provide you with the answers you need.