China ceased to be the manufacturing center for 50 Mexican companies that would move their factories from the Asian continent to bring them to the industrial poles of Mexico, as indicated by José Gerardo Tajonar Castro, president of the National Association of Importers and Exporters of the Mexican Republic (ANIERM). ).

The plants belong to Mexican companies from the automotive, textile, and manufacturing suppliers, and they return to North America because their customers in the United States require the products in a timely manner, highlights El Tajonar.

Of interest: Industrial Report May 2023, demand and construction triple with respect to the same period in 2022

Thus, there is a great opportunity to attract US companies, which require someone to help them with softlanding, to set up their companies and certify records of official standards, said the executive. "Today Mexico is the logistics center and developer of manufacturing, which is returning from Asia due to nearshoring," he said.

Nearshoring is also a great opportunity for the growth of the Mexican economy, at least for the next decade, said Sergio Ríos Martínez, an executive specializing in foreign trade and former general director of Investment Attraction at the Ministry of Economic Development (Sedeco) of the Jalisco Government.

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Mexico, he explained, has the optimal conditions to take advantage of this industrial relocation. “We have greater commercial openness, a much more diversified economic structure and much more prepared people,” said the former official. "A tsunami is coming and this is the decade of Mexico."

“Nearshoring, driven to a large extent by the Treaty between Mexico, the United States and Canada (TMEC), benefits the country, increasing the arrival of foreign investments, as well as the competitiveness of players in the market, improving response times and reducing important risks when consolidating the distribution chains”, declared Diego Gómez-Haro, partner of the Sánchez Devanny law firm.

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Original note