Nearshoring, a priority for listed firms

Being able to relocate companies to territories that allow them to bring their production closer to the final consumer is a priority for those that are listed on the stock markets, according to the study “Evidence of nearshoring in the Americas?”, carried out by analysts from the Bank for International Settlements (BIS).

“He nearshoring “It is a priority among Mexicans that are listed on the stock market, companies with an increasing proportion of those who mention the topic in their calls with analysts in recent years,” is mentioned in the document prepared by Ana Aguilar, Julián Caballero, Jon Frost and Alejandro Parada.

The specialists indicated that the opportunities offered by the nearshoring They have aroused a lot of interest in the region, particularly in Mexico, due to their international trade.

The Inter-American Development Bank estimates a potential increase of $78 billion in exports of goods and services from Latin America and the Caribbean, with $35 billion in exports of goods coming from Mexico, along with $8 billion from Brazil and 4 billion from Argentina.

In turn, the analysts referred to the GBM financial group, which developed the “Barometer of the Nearshoring”, a tool that, based on data, identifies the areas where this practice has materialized.

In his article “Main areas of promotion of the nearshoring in Mexico”, GBM highlighted that one of the key indicators of its barometer has to do with trade between Mexico and the United States, since imports increased considerably; At the end of 2023, the country was the largest supplier to the US, surpassing China and representing 15.4 percent of US imports.

For GBM, the impact of the nearshoring.

From October 2022 to January 2024, more than 80 foreign companies have shown their interest in investing in Mexico, totaling around 50 billion dollars. The north and center of the country are the most favored destinations.