Mexico's nearshoring potential
Companies are considering nearshoring, or relocating operations closer to destination markets, in response to recent supply chain shocks from the Russia-Ukraine conflict to China's dynamic COVID containment policy. Mexico is well placed to benefit from nearshoring, given its strong interdependence with the US economy. Our experts discuss the opportunities for Mexico's economy and key industries including semiconductor manufacturing and advanced packaging, as well as risks for companies considering nearshoring to Mexico. Link to blog: https://ihsmarkit.com/research-analysis/mexico-nearshoring-potential-for-critical-minerals.html Emily Crowley, Associate Director, Pricing and Purchasing, S&P Global Market Intelligence https://experts.ihsmarkit.com/experts/crowley-emily Jose Sevilla-Macip, Senior Research Analyst, Latin America Country Risk, S&P Global Market Intelligence https://experts.ihsmarkit.com/experts/Macip-Jose Rafael Amiel, Director, Latin America & Caribbean Economics, S&P Global Market Intelligence https://experts.ihsmarkit.com/experts/amiel-rafael