Nearshoring – China’s loss is not (yet) Mexico’s gain

Date: Thursday 20 July 2023
Time: Global Sessions (EMEA, APAC and Americas sessions. See exact timings in the note section below)

Media frenzy over nearshoring in Mexico has failed to provide an accurate picture. Mexico is the best-positioned emerging market to gain from global trade dislocation but that does not mean it has seen the greatest benefits up to date. Asian economies and Canada have grown their share of US imports faster than Mexico since the US-China trade decoupling started five years ago. In this webinar, we dissect the visible effects of nearshoring in Mexico’s exports and manufacturing sectors and the implications for the short-term economic outlook.

Note: Please note that we will be holding one webinar each for APAC (10am HKT), EMEA (10am BST), and Americas (11am & 4pm EDT) friendly time zones. Can’t make it to any of the sessions? Feel free to register for any session and we will automatically share the recording with you 3 hours after the webinar has finished.

Gabriel Sterne

Head of Global Emerging Markets

Private: Gabriel Sterne

Head of Global Emerging Markets

London, United Kingdom

Gabriel delivers macro-economic products tailored for corporates and financial markets, as head of a team that integrates EM macro and strategy views.  In recent years he has published wide-ranging research including on stagflation risks, monetary policy credibility, global savings, demographics, Covid scarring, risks and resilience in emerging markets, and sovereign crisis resolution. He joined from investment banking boutique Exotix in May 2014, following 20 years of public sector experience, including at the Bank of England and International Monetary Fund.

Joan Domene

Chief Latin America Economist

+52 55 7100 1824

Joan Domene

Chief Latin America Economist

Mexico City, Mexico

Joan Domene is the Chief Economist for Latin America and is responsible for developing Oxford Economics’ view on the region. Joan is responsible for producing macroeconomic forecasts for Mexico. He manages a team of economists who produce regional and country-specific research on over 30 countries. Joan’s work also involves presenting the outlook to clients and liaising with the media. Joan joined Oxford Economics in 2019 as Senior Economist after 5 years at a Mexican private bank.

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