Reshoring

"The disruptions to global value chains [...] along with geopolitical tensions led to an upsurge in the debate in favour of reshoring to enhance resiliency. Reshoring, sometimes referred as back-shoring or homeshoring, as well as other offshoring strategies are being proposed as solutions to global supplying issues [...].

Traditionally, reshoring refers to the relocation of production that was previously offshored to the business’ home country. However, the definition has been expanded and now many refer to reshoring as the growth of domestic manufacturing capacity or reshoring of suppliers. While the concepts are related, the latter does not necessarily imply a movement of facilities from abroad to a multinational enterprise’s (MNE) home country. Furthermore, reshoring and relocation are sometimes used as synonyms, without any distinction as to where the business activity is ultimately being moved [...]. [R]eshoring is considered as the movement of offshored facilities back to the multinational’s home country. It includes a partial or full relocation of subsidiaries abroad back to the home country and is a much narrower definition of reshoring than what is typically found in the literature.

Reshoring is commonly associated with the manufacturing sector [...]".

Source: https://www.international.gc.ca/trade-commerce/economist-economiste/analysis-analyse/reshoring_trend-tendance_rapatriement.aspx?lang=eng