Trade
Friend-shoring
Strategy of relocating supply chains to geopolitically allied countries to reduce risks.
Strategy of relocating supply chains to geopolitically allied countries to reduce risks.
In the realm of international trade and economic relations between countries, Friend-shoring is a strategic concept that influences trade policies and cross-border business opportunities.
Strategy of relocating supply chains to geopolitically allied countries to reduce risks. International trade is governed by a multilateral framework (WTO), regional treaties (USMCA, CPTPP), and bilateral agreements that establish the rules for exchange of goods and services between nations. Mexico has one of the world's most extensive free trade agreement networks.
Understanding international trade concepts enables companies to identify market opportunities, optimize supply chains, and leverage preferential tariff rates available under various trade agreements.
The digitization of international trade, from cross-border e-commerce platforms to trade intelligence tools, is democratizing access to international markets for companies of all sizes.
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Learn more→Free Trade Agreement (FTA)
International agreement that eliminates or reduces tariffs and trade barriers between signatory countries.
TariffsPreferential Tariff Rate
A reduced or zero duty rate applied to imports from countries with which a free trade agreement or other preferential arrangement is in effect.
DocumentsCertificate of Origin
What is Certificate of Origin, its role in foreign trade, and how it applies to customs operations in Mexico.