Relocating to Latin America: shortening supply chains, reducing costs and mitigating geopolitical risks
With the war in Ukraine, the continued ripple effect of global bottlenecks, rising costs and an increasingly difficult geopolitical climate in China, global supply chains are shifting. As a result, Latin America has become an increasingly attractive destination of nearshore investment for many U.S. companies looking to de-risk and shorten supply chains. Despite political instability, policy uncertainty, economic malaise, corruption challenges and widespread insecurity, nearshoring trends make the region attractive for foreign investment in key sectors such as manufacturing, pharmaceuticals, energy (including renewables) and technology.
In this report, Control Risks offers a snapshot of nearshoring opportunities and risks across the region, which will allow your organisation to develop an informed strategy for growing your business or investing in Latin America.