ANALYSIS - Nearshoring and Potential Trade Triangulation

imports from Mexico gained space and increased to around 16% at the end of 2023 from 13.5% at the start of 2022, making Mexico the main provider of products to the U. [...] The benefits of nearshoring are diverse for both the promoter and the receiver of the relocation. [...] The first step will allow us to determine if there are signs of a Chinese import penetration to Mexico in the past few years, and the second will help us to see the degree of correlation between the volume of Mexico’s manufacturing exports to the U. [...] Has the volume of Chinese imports to Mexico expanded? After plunging in the first half of 2020 because of the disruptions after the COVID-19 outbreak, the volume of total imports from China recovered to the pre-pandemic level by the third quarter of 2021 and remained relatively stable in 2022. [...] MOODY’S credit rating is an opinion as to the creditworthiness of a debt obligation of the issuer, not on the equity securities of the issuer or any form of security that is available to retail investors.