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Mexico is rapidly emerging as the new China for manufacturing and outsourcing, offering competitive advantages for businesses seeking efficient production solutions. With lower labor costs, a skilled workforce, and a strategic location close to North American markets, Mexico provides an ideal environment for nearshoring.

Mexico’s nearshoring boom is attracting a growing number of global companies to its borders, solidifying its position as a prime destination for international business. This trend is driven by Mexico’s strategic location next to the United States, which offers significant advantages in reducing transportation costs and delivery times.

José Ávila, de la mesa de Economía, y Gonzalo Soto, director editorial en Expansión, platican con Luz María de la Mora, exsubsecretaria de Comercio Exterior de la Secretaría de Economía, sobre el tema del momento

A lot of people mistakenly believe that outsourcing has to involve delegating tasks to a foreign company but… well, as explained in this video, that is just not the case.