Manufacturing-led export strategies still make sense

Although Mexico has consolidated itself as an export power of manufactures, especially to the US market, new tariffs – up to 23% – mark a turning point. The future requires national integration and clear industrial policy.

Manufacturing-led export strategies still make sense

By Amrit Amirapu & Arvind Subramanian With the specter of deglobalization looming large, developing economies are scrambling to devise new growth strategies. The most effective path to development in recent history – specializing in export-oriented, unskilled labor-intensive manufacturing – now appears to be blocked. The model that once propelled the economies of South Korea, Taiwan, Singapore, China, and Vietnam is becoming less accessible for …

Querétaro, Qro. Despite the uncertainty caused by U.S. tariff policy, export manufacturing maintains growth forecasts for this year. The president of the Querétaro Export Industry Association, A.C. (Index), Enrique Quezada Ojeda, explained that in the first four months the sector grew, although it was not the expected advance, he trusted that the panorama would improve.You may be interestedCompaniesMexico has opportunities for de-risk imports to…