friend-shoring

American  

[frend-shawr-ing] / ˈfrɛndˌʃɔr ɪŋ /

Or friendshoring

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.

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Etymology

Origin of friend-shoring

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.”

From Barron's

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

From 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.”

From 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.”

From 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.

From Reuters