Guanajuato: exports down
23/06/2008
Footwear exports from the Mexican state of Guanajuato fell by 10.8% in the first quarter of 2008 compared to the same period last year. The local industry, based in and around the city of León, has suffered uncertainty and upheaval because of a long-running battle to decide Mexico’s trade policy with China.
The situation has now been resolved, with the government offering a level of support to Mexican manufacturers.
Nevertheless, the difficult time the industry has gone through contributed to an export total for the quarter of $40 million, while the corresponding figure in 2007 was $45.
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