Cemex's strategy to minimize the impact of possible tariffs on its domestic operations has been effective due to the decrease in exports from Mexico to the United States. In recent years, the company has gradually reduced its cement shipments to the neighboring country, and this trend will continue in the future.
Lucy RodrÃguez, executive vice president of investor relations at Cemex, explained that last year Mexico exported about five percent of its volumes to the United States. Even before the threat of tariffs, the company had already planned to further reduce these exports due to profitability considerations and the search for better markets.
Cemex's goal for this year is to cut the volume of imports from Mexico in half, so that they represent approximately 2.5 percent of the country's total volume. In the case of the United States, imports in 2024 had already decreased by about 17 percent of the total volumes.
RodrÃguez emphasized that the downward trend in imports from Mexico to the United States will continue, seeking greater parity in the market. The company believes that the imposition of tariffs on all local players would be beneficial, contributing to balancing imports and having a positive impact on prices.
