In 2024, Mexico is emerging as a prime destination for nearshoring, driven by its strategic geographical position, competitive costs, and robust trade agreements like the USMCA. Nearshoring involves relocating business operations closer to the end market to reduce costs and improve supply chain reliability. This trend is attracting significant FDI, particularly in sectors such as manufacturing, electronics, and automotive. Mexico’s skilled labor pool and proximity to the United States make it an attractive option for companies looking to mitigate supply chain disruptions and enhance operational efficiency
