35% tariff on fiber optics will slow connectivity in Mexico

The tariff increase is a measure by the SE to protect nearshoring; but it impacts the national market because China is the main supplier of fiber.
Since April 23, imports of fiber optic cables to Mexico pay an import tariff of 35% on the value of the shipment.

This will affect the progress of connectivity, as well as making some mobile phone and Internet services more expensive, companies and experts warn El Financiero.

“ One concern is that there could be

a possible increase in the price of fiber optics in Mexico, given that the tariff will be appli to imports from China , one of the most important suppliers of the material,” said Paul Weintraub , international business manager for fiber optics manufacturer Superior Essex Communications.

He add that other businesses, such as data centers, will also be impact.

The measure, promot by the Ministry of Economy (SE), seeks to strengthen nearshoring through regional economic integration and to confront China’s commercial growth .

“ This decision will have a great australia whatsapp number data impact. The measure is still very recent and for now it is difficult to measure the impact, but in a few months it will be more evident.


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“ For now, we are already working on finding new suppliers in different regions of the world ,” said Jorge Bleizzefer , commercial manager at Panduit , which concentrates almost 50 percent of the optical fiber available in Mexico.

You may be interest in reading: Data centers, industry, audio and video, Panduit’s key niches
China is the main supplier of fiber
China is currently the world’s leading exporter of optical fiber .

In 2022 its shipments abroad reach 5.89 billion dollars

While the Unit States grew less than half as much as China, with 3.66 billion dollars, according to estimates from the ga4 recommended events Observatory of Economic Complexity .

Mexico, for its part, import $807 million in fiber optics in 2022, where China is cornering a large part of the national market,

Therefore, the tariff measure will be positive for regional development.

” We are already preparing because the cg leads demand we will have will be greater and we ne to supply Mexico with quality fiber at a good price ,” said an executive from Superior Essex Communications , a company bas in Texas.

 

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