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: nearshore ( def 2 ), reshore ( def ).

   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

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

Beijing will most likely look to leverage trilateral trade cooperation to counterbalance the U.S. friend-shoring strategy, promote people-to-people exchanges, and enhance communication and dialogue with Seoul and Tokyo on security and defence matters, said Tong Zhao, senior fellow at the U.S.-based Carnegie Endowment for International Peace.

From Reuters

"The Biden-Harris administration views Vietnam as a key partner in our 'friend-shoring' approach to deepen integration with a broad set of partners and allies to create diverse, resilient, and sustainable supply chains in key industries," Yellen said.

From Reuters