Not really, if you off shore a factory you lower your operating costs by using cheap labor. The materials and energy costs may even increase as does shipping back to the USA.
Ok most factories are highly automated even the ones in the third world, on average labor costs 5-7% per unit retail price. In the USA the labor costs would be more like 9-12%. So you save about 5%. Does the consumer get that 5%? If so what was the motivation of moving their factory over seas? Altruism or the bottom line? The consumer gets no benefit at all IMO.
“Does the consumer get that 5%? If so what was the motivation of moving their factory over seas? Altruism or the bottom line? The consumer gets no benefit at all IMO”
The consumer gets a considerable percentage if not all of the savings because of competition between producers.