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6h ago

Mexico Suspends Temporary Imports of Finished Footwear Under IMMEX, Effective Today

Officials say the decree curbs IMMEX abuses to protect Mexico's footwear industry.

Marcelo Ebrard anuncia suspensión de importación temporal de calzado. | Crédito: Presidencia/Canva
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Overview

  • The decree was published in the Diario Oficial de la Federación on August 28 and takes effect August 29, ending temporary entry of finished shoes under IMMEX.
  • It adds tariff headings 64.01–64.05 to Annex I of the IMMEX decree, which bars temporary importation of finished footwear.
  • Finished shoes must now be imported definitively and pay regular duties, with reports citing an average tariff near 25 percent.
  • Parts and components for footwear remain eligible under IMMEX for processing in Mexico.
  • Officials cite surging IMMEX footwear imports (+159% in volume in 2024 versus 2023, multiples of 2021) alongside a 2024 sector slump (−12.8% and about 11,000 jobs lost), and say the move forms part of a broader suspension covering roughly 270 items.