Why Go to Mexico?

While China and India grab headlines, Mexico has quietly become more competitive. Here are some crucial factors

COSTS

The peso has dropped 41% vs. the dollar since August, making Mexican wages and rents more attractive compared with those in China, the U.S., or Canada.

LOGISTICS

Mexican goods can reach U.S. cities in two days, vs. a month from China—a big factor as importers slash inventory costs and lead times.

RISK

Mexico looks better than China when it comes to technology theft, quality issues, travel costs, and delays due to miscommunication.

SKILLS

Governments and schools in several states collaborate with industry to ensure high-skilled manpower for tech and other important sectors.

TRADE

Nafta and similar free-trade deals with Japan, Europe, and most of Latin America, give Mexico duty-free access to more markets than any other country.

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