January marked a turning point for Mexican ports with a dazzling 20% increase in container traffic, totalling 728,116 twenty-foot equivalent units (TEU).
This growth is mainly attributed to the nearshoring phenomenon in Tijuana, reflecting increased economic integration and changing market dynamics.
Pacific ports such as Manzanillo and Lazaro Cardenas broke all records, underlining Mexico’s crucial role in international trade and maritime logistics.
This port boom testifies to renewed confidence in the Mexican economy, driven by robust consumer demand and a nearshoring strategy revolutionizing cross-border trade with the USA.
Could the nearshoring strategy be a sustainable model for other nations looking to boost their economies?
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