Nearshoring to Mexico: National trends and regional disparities

Mexico’s proximity and preferential access to the US market will remain its main competitive advantages to attract nearshoring investment, and Mexico already has surpassed mainland China as the largest supplier to the US. However, the scheduled review of the United States-Mexico-Canada Agreement (USMCA) will generate uncertainty over trade rules until 2026.

This report analyses the national trends and regional disparities of nearshoring to Mexico.