Nearshoring is a business strategy where a company decides to outsource some of its business processes or functions to a nearby location. Mexico will experience the most significant gains over the next five years with several positive impacts: economic benefits, reduced shipping costs & trade agreements among others.
However, it's important to note that like any other outsourcing strategy, this also present challenges which may include security concerns in some areas, maintaining quality control and processes to meet desired standards and vendor selection to pursue business objectives.
Cross-border gateways and ports are essential for the flow of goods and people between Mexico and other countries. Here are some of the most relevant:
Cross-Border
Laredo, Texas - Nuevo Laredo, Tamaulipas: This is one of the busiest and most important cross-border gateways in North America. The World Trade International Bridge and Colombia-Solidarity Bridge connect Laredo, Texas, with Nuevo Laredo, Tamaulipas, allowing the movement of goods and people between the United States and Mexico.
San Diego, California - Tijuana, Baja California: The San Ysidro Port of Entry is one of the most heavily trafficked border crossings in the world. It connects San Diego, California, with Tijuana, Baja California, and plays a vital role in cross-border trade and tourism.
Ocean Ports
Port of Manzanillo: Located on the Pacific coast in the state of Colima, the Port of Manzanillo is one of Mexico's largest and busiest ports. It handles a wide range of cargo, including containerized goods, automobiles, and bulk commodities.
Port of Lázaro Cárdenas: Situated in the state of Michoacán, the Port of Lázaro Cárdenas is another significant Pacific port in Mexico. It is a major gateway for trade with Asia and North America.
Port of Veracruz: Located in the state of Veracruz, is one of Mexico's oldest and most important ports. It handles a wide range of cargo and is a major gateway for trade with Europe and the United States.
Port of Altamira: Situated in the state of Tamaulipas, the Port of Altamira is one of the largest and most modern ports in Mexico, specializing in container and bulk cargo.
We strongly recommend finding a strategic logistic partner with experienced consultants who are familiar with the Mexican business environment. Maintaining a strong and open line of communication is critical for success in nearshoring operations in Mexico.
