Journal Article

Mexico awaits ‘nearshoring’ shift as China boosts its direct investment

Abstract: When it comes to trading goods with the United States, Mexico would appear a logical sourcing alternative to China. Before the pandemic, increasing friction between the U.S. and China—the top supplier of goods imports to the U.S. in 2019—contributed to an anticipated “nearshoring” shift among companies dependent on Asia.

Keywords: Mexico; border region; trade; COVID-19; international economics;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2023-04-14