Bakeries and Tortilla Manufacturing
Industry Group (3118)
2024-Q2: $6.58T MX, Gross Domestic Product
DENUE N/A: 189,253, Economic units
Jan-Sep 2024: Confidential, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $6.58T MX, 5.06% more than the previous quarter.
According DENUE N/A, Bakeries and Tortilla Manufacturing registered 189,253 economic units. The states with the highest number of economic units were Estado de México (26,581), Oaxaca (20,643), and Puebla (18,440).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Bakeries and Tortilla Manufacturing the states with the highest affinity were Sonora (0.54), Querétaro (0.51), Chihuahua (0.5), Coahuila de Zaragoza (0.49), and Nuevo León (0.48).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $6.58T MX
Gross Domestic Product 2023: $6.37T MX
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In the second quarter of 2024, Manufacturing recorded a gross domestic product of $6.58T MX, evidencing an increase of 5.06% compared to the previous quarter and an increase of 2.27% compared to the same period of the previous year.
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Production Indicators by State
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Production Indicators by Municipality
#permalink to sectionAccording to dato from Economic Census 2014, Bakeries and Tortilla Manufacturing had a total of 407,031 economic units and the municipalities with the highest number of economic units were Ecatepec de Morelos (6.86k), Puebla (6.71k), and Iztapalapa (6.16k)
Total income eached $475B MX and the municipalities with the highest income were Azcapotzalco ($39.3B MX), Toluca ($35.4B MX), and Zapopan ($24.8B MX).
Total expenditures were $274B MX and the municipalities with the highest expenditures were Azcapotzalco ($21.6B MX), Toluca ($17.8B MX), and Zapopan ($12.1B MX).
On the other hand, in 2014 there were 1169808 employees dependent on economic units and the municipalities with the highest number of employees were Puebla (24.1k), Toluca (21.1k), and Iztapalapa (18.9k).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Bakeries and Tortilla Manufacturing according to the number of employees.
According to DENUE data published in N/A, N/A companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, N/A companies with 11 to 50 employees were registered (equal number of companies as the previous period).
N/A companies with 51 to 100 employees were registered in N/A (equal number of companies as the previous period). Likewise, N/A companies with more than 101 employees were registered (equal number of companies as the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- Confidential, FDI Jan-Sep 2024
- US$64.2M, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Bakeries and Tortilla Manufacturing was Confidential, distributed in equity Capital (US$0), reinvestment of earnings (US$0), and inter-company debts (Confidential).
Since January 1999 to September 2024, the accumulated amount of FDI in Bakeries and Tortilla Manufacturing was US$64.2M, distributed in inter-company debts (US$27.1M), equity Capital (US$19.8M), and reinvestment of earnings (US$17.3M).
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Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$47.1M, Mexico City is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Mexico City (US$47.1M), Puebla (US$25.3M), and Estado de México (US$18.1M).
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Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: France, US$48.3M
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were Germany (Confidential).
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Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Bakeries and Tortilla Manufacturing were Oaxaca (2.39), Tlaxcala (2.13), and Puebla (1.57). The degree of specialization is measured using the RCA index, which represents the ratio between the observed and expected establishments of each state for each industry.
The states with the highest degree of development opportunity in Bakeries and Tortilla Manufacturing according to Relatedness were Querétaro (0.51), Chihuahua (0.5), and Coahuila de Zaragoza (0.49). The Relatedness measures the distance between an industry and the current industrial composition in each state. The presented entities register a level of specialization lower than one unit (RCA <1).