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Nearshoring: estimation of the potential in the Mexican automotive industry to replace imports of parts and accessories from Asia
Authors
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Sergio Lagunas Puls
Universidad del Caribe
https://orcid.org/0000-0002-4126-3603
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Brenda Lizeth Soto Pérez
Universidad del Caribe
https://orcid.org/0000-0003-1969-2249
Abstract
Nearshoring is presented as an opportunity for Mexico; therefore, this work aims to integrate the traceability of international trade of the Mexican automotive industry and the estimation of the potential to replace imports of parts and accessories from Asia. The methodology used is decision trees to estimate the values of international trade. Data on imports of parts and accessories are used as inputs; as outputs, exports of five tariff headings of the industry. Among the main findings, China's participation as a supplier of inputs stands out, however, this country also participates as a destination for Mexican exports of this tariff headings. In addition, Mexican exports of passenger cars to China stand out. The use of the methodology of this work allows estimating the potential to substitute imports of parts and accessories from Asia, which can be replicated in other industries as a tool for attracting investments.
Keywords:
Nearshoring, Internationl Trade, China, MexicoReferences
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