Latin America Needs to Improve its Readiness for Nearshoring
January 5, 2026 | Latin Trade
Nearshoring has been around for ages; but the global pandemic, with its accompanying shortages of supplies and equipment, port congestion and labor shortages, served as a loud wake-up call for manufacturers to seriously consider locating production closer to home. Post-pandemic, the ratcheting up of trade tensions (especially between the U.S. and China) as well as national security concerns have elevated nearshoring to even greater importance for global producers... more