Nearshoring
Updated
This trend is part of our Past Logistics & Supply Chain Trends collection, as it’s no longer trending.
Nearshoring
16K
Past Month Searches
+17%
Past Year Change
What is nearshoring?
Nearshoring is the process of outsourcing work to a nearby country. The term is often used in relation to the business practice of outsourcing to countries with lower labor costs. Nearshoring can provide companies with a number of benefits, including lower shipping costs, reduced communication barriers, and improved quality control.
How fast is nearshoring growing in popularity?
Interest in Nearshoring grew 17% over the past year, compared to the year before, putting it at a current volume of 16K searches per month, as of last month.
Related Trends
Channel Breakdown
Nearshoring is a business term that is predominantly discussed on LinkedIn. The other channels where it is mentioned less are generally channels where people are less likely to be discussing business topics.