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One spreadsheet. Three sourcing options.
The honest math for May 2026.

Brand directors keep asking for one spreadsheet that compares the three. We built it with current tariff data, lead times, costs, and capacity signals from May 2026. No marketing language — just the math.

Why we built this

Every brand director we have spoken to in the last 30 days has asked some version of the same question: Colombia, Mexico, or Vietnam — what does the math actually look like now?

The answer depends on what you make, where you ship, and how fast you replenish. We are publishing the version we use internally to model client quotes. It is not perfect — every brand has carve-outs — but it is the starting baseline most VP Sourcing teams are missing.

The comparative table

Reference values for a 1,000-unit cut-and-sew order, mid-complexity garment (resort wear, athleisure, swim, casual). Air freight to LA or Miami.

VariableColombiaMexicoVietnam
Effective tariff Q2 202610% Section 12210% (USMCA partial)10% (volatility risk)
Underlying treatyCTPA (yarn-forward)USMCAMFN
FOB cost vs China baseline+8-12%+5-9%-5 to +3%
Air freight (kg)$3.20-4.10$2.60-3.40$5.80-7.50
Lead time door-to-door5-7 days3-5 days18-25 days
Time zone overlap (NYC)0 hours0-1 hours11-12 hours
English-first commsModerateVariableVariable
Capacity Q3 2026OpenTighteningSaturated
Grid carbon intensityLow (70% hydro)MediumHigh (65% coal)

How to read the table

If your priority is the lowest possible FOB cost, Vietnam still wins on per-piece price. The catch: 18 to 25 day lead times mean you carry inventory risk for a full extra month, and tariff volatility is the highest of the three.

If your priority is the fastest possible turnaround, Mexico wins on lead time. The catch: USMCA carve-outs mean some categories (notably synthetics in specific HS codes) do not qualify for preferential treatment, and capacity in the Western Hemisphere is tightening fastest there.

If your priority is the best balance of cost, speed, capacity, and tariff predictability, Colombia is the trade. The catch: FOB cost is mid-pack, and English fluency varies by manufacturer. The mitigation is choosing a partner that operates English-first by default.

The variable that matters most in May 2026

Capacity. McKinsey reported a 35% increase in apparel sourcing costs over the past 12 months. AlixPartners reported that 70% of North American apparel executives plan to increase nearshoring exposure over the next five years.

Both of those numbers point at the same outcome: the brands that lock in capacity for fall 2026 in Q2 are paying 2025 rates. The brands that wait until Q3 are paying 2027 rates, in 2026.

A starter framework

Run a parallel sample in two countries on the same tech pack. Compare landed cost, lead time, defect rate, and communication quality on the same product. The cost of two samples is small. The cost of locking into the wrong country for a full season is large.

If you want our version of this spreadsheet with the underlying assumptions visible, we send it on request. No form, no email gate. Just write to us and we will share.

Sources

  1. McKinsey — State of Fashion 2026
  2. AlixPartners — 2025 Nearshoring in Apparel
  3. WWD — Nearshoring boom Western Hemisphere
  4. Just-Style — 2026 sourcing impact

Make your next sourcing call the last one for this season.

We answer in English, within 24 hours. From tech pack to first sample in 14 days. From Medellín to your warehouse in six business days.

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