friend-shoring

Or friend·shor·ing

[frend-shawr-ing]

noun

1. the practice of locating parts of a company’s supply chain or manufacturing process in countries that are political or economic allies of the country where the company is based.

   Many tech companies have turned to friend-shoring in a bid for greater security.

Word History and Origins

Origin of friend-shoring¹

First recorded in 2021; modeled after offshoring

Example Sentences

Dorson calls Vietnam “a friend-shoring alternative to China in terms of being a trade partner and manufacturing center.”

Read more on Barron's

It was partly about so-called friend-shoring – where companies make goods in countries that have good relations with the US.

Read more on BBC

Both have sought to reduce America’s reliance on Chinese factories and have encouraged companies to shift away from China to other countries - so-called “friend-shoring.”

Read more on Washington Times

Both have sought to reduce America’s reliance on Chinese factories and have encouraged companies to shift away from China to other countries — so-called “friend-shoring.”

Read more on Seattle Times

She repeated her desire to diversify supply chains to countries in the region through "friend-shoring" or using trusted allies as sources of supply.

Read more on Reuters