TRADE tensions between the US and china have led to a significant increase in container imports from China to Mexico, with volumes rising 61 per cent in the first half of 2024, reports New York's Supply Chain Brain.
Mexico's ports, such as Manzanillo and Lazaro Cardenas, are experiencing record-breaking container volumes as Chinese exporters reroute goods through Mexico to avoid US tariffs.
Vesselbot's data shows containerized exports from China to the US dropped 18 per cent between January and February 2024.
The US imposed additional tariffs on Mexican-imported steel and aluminum to counter this shift, but the increase in Chinese goods flowing through Mexico continues.
Mexico has become an essential alternative for Chinese manufacturers looking to bypass US tariffs as the trade conflict between the two economic giants persists.
SeaNews Turkey
Mexico's ports, such as Manzanillo and Lazaro Cardenas, are experiencing record-breaking container volumes as Chinese exporters reroute goods through Mexico to avoid US tariffs.
Vesselbot's data shows containerized exports from China to the US dropped 18 per cent between January and February 2024.
The US imposed additional tariffs on Mexican-imported steel and aluminum to counter this shift, but the increase in Chinese goods flowing through Mexico continues.
Mexico has become an essential alternative for Chinese manufacturers looking to bypass US tariffs as the trade conflict between the two economic giants persists.
SeaNews Turkey
