Nora Szentivanyi is joined by Gabriel Lozano to discuss how Mexico is benefitting from the reshuffling of global trade and investment, primarily outside of China, and how much further this trend could run.

While Mexico has caught up with China in terms of its US import share, domestic factors including institutional hurdles, low productivity and competitiveness will likely limit the reach and depth of “near-shoring” despite Mexico’s cost and location advantages.

 

This podcast was recorded on June 21, 2023.

This communication is provided for information purposes only.  Institutional clients can view the related report at  https://www.jpmm.com/research/content/GPS-4281790-0 

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