“Mexico is the China of the Americas”

“Mexico is the China of the Americas”

Here’s another thing to put on your tech watchlists. Due to a combination of the economic consequences of the coronavirus and the trade war between the United States and China, many American companies outsource their production outside of China. Consulting firm Kearney publishes his Displacement index [PDF].

Kearney predicts that companies will “go much further in reviewing their supply strategies (s) throughout their supply chain.”

Amidst other companies, Mexican production is a potential split on the way to Apple, with Vietnam. As Forbes says, the United States cannot compete with China in terms of labor costs, and I bet few Western countries can. I don’t know how much it costs to produce in Mexico, but the country is probably less risky than China.

See: “Mexico is China of America”

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