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City reports PhoenixHermosillo trade office activity; staff highlight nearshoring opportunity
Summary
Economic development staff reported results from the Phoenix-Hermosillo trade office, citing Mexico as Arizona—s top trading partner (~$20.6 billion referenced), recent company assistance counts and a strategy to support nearshoring and soft-landing services for Mexican firms.
Phoenix economic development staff updated the subcommittee Oct. 14 on activities and outcomes from the Phoenix-Hermosillo trade office, which operates under a five-year contract to provide business-development services in Mexico.
Economic development program manager Juan Batres reported that Mexico remains Arizona—s largest trading partner (the presentation cited about $20.6 billion in trade) and described top export categories (copper ore and concentrates, minerals, electronics and…
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