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September 12, 2023

China | Structural change of the trade: forced imports substitution industrialization

China's exports and imports are experiencing some structural change. The forced Chinese version of imports substitution industrialization indicates value chain upgrading and technology self-sufficiency.

July 10, 2023

Mexico | Nearshoring Outlook: Mexico’s Industrial Parks Association survey

BBVA Research and the Mexican Association of Private Industrial Parks (AMPIP) conducted a survey to quantify and anticipate the effects of nearshoring in Mexico. Results assert the interest of companies to operate in Mexico and anticipate more firms to arrive within the next couple of years.

December 21, 2022

Türkiye | Positioning of the country in Global Value Chains (GVCs)

Türkiye is integrated along the GVCs with strong backward and forward linkages, while searching for new opportunities in international trade. We devise an export diversification strategy to detect products and sectors that could be attained with Türkiye’s know-how and provide higher value added in trade.

October 20, 2022

Mexico | Nearshoring and BBVA Mexico's role in boosting Mexican exports

The North American Free Trade Agreement (NAFTA) has increased the relevance of foreign trade in the Mexican economy, and led to a deep structural change of the Mexican economy.