There’s no surprise that Mexico is a favorite option for nearshoring around the world. And how could it not be!
Nearshoring in Mexico offers a lot of advantages for their development, especially in the manufacturing industry. Mexico has a strategic geographical position, free trade agreements with a lot of countries, and other benefits. With that, foreign companies prefer our country to their nearshore outsourcing.
And the countries that prefer Mexico as a nearshore option are huge in economy! The two main are China and the United States, which also are the principal commercial partner of Mexico; partly for nearshore development.
But what are the main industries in Mexico Nearshoring? Let’s know it!
The sector that leads nearshoring: auto parts industry
Auto parts industry is the one that leads the nearshore in Mexico. And there’s no doubt about it. The growth of the automotive industry in the Mexican Republic is exponential! For that reason, the attention of supply chains is necessary, and nearshore outsourcing is the best option.
In 2022 auto parts industry leads the nearshore investments with 37% of the total caught by foreign companies. The principal parts made was:
- Seating
- Engines
- Cables
- Accessories
- External parts
The nearshoring development is still growing! If you need a strategic ally for your nearshoring process, you can know one here!
Another important sector for nearshoring.
Auto parts and manufacturing industry are not the only ones who benefit for nearshoring in Mexico. These other industries also had relevance in 2022 nearshore outsourcing.
- Furniture industry: with 18% of total investment.
- Machines and tools industry: with 15% of total investment.
- Appliance industry: also with 15% of total investment.
Also, the technology industry had 8% of the total investment; the last one was the pharmaceutical industry with the 5%
Are you interested in relocating part of your production into Mexico? We can help you with your nearshore forecast!
What other sectors are foreseen for Mexico nearshoring?
2023 is a year of growth! The perspective of nearshoring is positive and Mexico are waiting for new investments.
The nearshore forecast is looking for the development of electric cars; for that reason, Mexico expected receive companies that manufacture part like:
- Chassis.
- Transmissions.
- Automotive interiors
- Aluminum wheels.
- Electrical components.
- Engine parts.
Also exists an interest in develop of clean energies for the manufacturing industries. As well, there are an important investment for the production of lithium batteries.
If you want to land a part of your production in Mexico, there is the best option that will help you with your nearshoring!
GRUPO ZEU: experts in nearshoring
GRUPO ZEU believes in success stories, those that show that every company can achieve many things if it sets its mind to it. We are sure that together; we can make great things.
Are you looking for an ally in all your nearshore process? GRUPO ZEU is the better in the market!
Contact us to know more!
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Written by Ricardo Méndez, Copywriter.
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