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#Manufacturing Exports | #México | #United States | #Nearshoring
Mexico surpassed China in manufacturing exports sent to the United States in 2023, driven by relocation (nearshoring) and with a favorable outlook, highlighted the consulting firm Kearney. With an increasing trend, Mexico's share of total foreign manufacturing purchases in the United States rose from 13.8% in 2018 to 15.8% in 2023.In contrast, the decline in China's coverage in this…