Mexico emerges as a leading nearshoring destination, outpacing Asian countries and the United States
Mexico has surpassed low-cost Asian countries and the United States in nearshoring, as highlighted by a recent analysis conducted by U.S. consulting firm Kearney. The analysis, which compares Asian and Mexican manufacturing imports to U.S. domestic manufacturing output, reveals Mexico’s rising performance. From 2013 to 2022, Mexico’s score reached 1.76 points, surpassing Asian countries (1.62 […]