ºÚÁϳԹÏÍø Inc. Blog & News

The2023, the global auto parts industry was led by China with a production value of $500 billion, followed by the United States at $286 billion, Japan at $180 billion, and Mexico at $120 billion.

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The phenomenon of nearshoring has marked a turning point in Mexico’s economy, not only for its impact on the manufacturing industry in Mexico but also for the opportunities it creates for the tech startup ecosystem.

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In the world of international trade, understanding customs duties and tax obligations is a critical step for businesses aiming to move goods between Mexico and the United States. A duty analysis serves as a roadmap, enabling companies to navigate the complexities of cross-border trade effectively. For businesses considering nearshoring operations or expanding their supply chain into Mexico, a comprehensive duty analysis is indispensable.

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Three major French companies are making headlines with their plans to invest close to $3 billion in nearshoring operations in Mexico. This monumental commitment includes both ongoing expansions and future plans to bolster Mexico's manufacturing capabilities and create thousands of jobs, strengthening the country's role as a pivotal player in global supply chains.

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