{"id":7344,"date":"2024-05-31T11:22:00","date_gmt":"2024-05-31T16:22:00","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=7344"},"modified":"2024-05-31T09:17:12","modified_gmt":"2024-05-31T14:17:12","slug":"mexicos-nearshoring-numbers","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2024\/05\/31\/mexicos-nearshoring-numbers\/","title":{"rendered":"Mexico\u2019s Nearshoring Numbers"},"content":{"rendered":"
By the Numbers<\/strong><\/div>\n
<\/div>\n
\"mexicos
<\/figcaption><\/figure>\n

No. 1<\/strong><\/h3>\n

Mexico\u2019s standing as the leading source of U.S. imports after overtaking China in 2023<\/p>\n

$475 billion<\/strong><\/h3>\n

Value of goods imported into the U.S. from Mexico last year\"total<\/strong><\/p>\n

$798 billion<\/strong><\/h3>\n

Total value of U.S.-Mexico trade, making Mexico the largest trading partner of the U.S.<\/p>\n

<\/h3>\n

$36 billion<\/strong><\/h3>\n

Foreign direct investment in Mexico in 2023<\/p>\n

<\/h3>\n

<\/h3>\n

$300 billion<\/strong><\/h3>\n

Value of goods moving through the Port of Laredo last year, about 39% of total U.S.-Mexico trade<\/p>\n

<\/div>\n

U.S. imports from Mexico grew 38% from 2018-2023 while U.S. imports from China dropped nearly 21%<\/strong><\/h3>\n
\n
<\/div>\n<\/div>\n
Click here to read more.<\/strong><\/em><\/a><\/div>\n
NAULICREA\/DG-STUDIO\/NOOK HOK\/SHUTTERSTOCK.COM<\/a><\/span><\/h6>\n
\n
<\/figure>\n
\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

By the Numbers No. 1 Mexico\u2019s standing as the leading source of U.S. imports after overtaking China in 2023 $475 billion Value of goods imported into the U.S. from Mexico last year $798 billion Total value of U.S.-Mexico trade, making Mexico the largest trading partner of the U.S. $36 billion Foreign direct investment in Mexico …<\/p>\n","protected":false},"author":40,"featured_media":7345,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,10],"tags":[864,3858,442,1902,1907,1721,466],"class_list":["post-7344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-industry-trends","tag-by-the-numbers","tag-mexico","tag-mhi-solutions","tag-mhi-solutions-magazine","tag-mhisolutionsmag","tag-nearshoring","tag-supply-chain"],"yoast_head":"\nMexico\u2019s Nearshoring Numbers - MHI Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mhisolutions-digital.com\/mhiq\/0324_volume_12__issue_3\/MobilePagedArticle.action?app=false&cmsId=4196758\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mexico\u2019s Nearshoring Numbers - 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