ProceduresGovernment

Commercial and Industrial Machinery and Equipment Rental and Leasing

Industry Group (5324)

 2024-Q2: $2.8T MX, Gross Domestic Product

DENUE May 2024: 6,483, Economic units

Jan-Jun 2024: US$1.74M, Foreign Direct Investment

In the second quarter of 2024 the gross domestic product was $2.8T MX, 0.95% more than the previous quarter.

According DENUE 2024, Commercial and Industrial Machinery and Equipment Rental and Leasing registered 6,483 economic units. The states with the highest number of economic units were Estado de México (571), Guanajuato (502), and Puebla (414).

According to data from the Economic Census 2019, total gross production was $35B MX. The states with the highest total gross production were Ciudad de México ($9.63B MX) and Estado de México ($5.32B MX).

For its part, total income reached $35.8B MX in 2019, being the states with the highest income Ciudad de México ($10.1B MX) and Estado de México ($5.42B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Commercial and Industrial Machinery and Equipment Rental and Leasing the states with the highest affinity were Chihuahua (0.7), Sonora (0.7), Coahuila de Zaragoza (0.69), Nuevo León (0.68), and Baja California (0.63).

Gross Domestic Product

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Gross domestic product 2024-Q2: $2.8T MX

Gross Domestic Product 2023: $2.72T MX

* Data displayed corresponds to the sector Real Estate and Rental and Leasing since the information at lower levels of disaggregation is not available.

In the second quarter of 2024, Real Estate and Rental and Leasing recorded a gross domestic product of $2.8T MX, evidencing an increase of 0.95% compared to the previous quarter and an increase of 4.67% compared to the same period of the previous year.

* Current values, at current prices, base year 2013. Excludes taxes on products.

Production Indicators by State

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According to data from the Economic Census 2019,  6,147 economic units were totaled in Commercial and Industrial Machinery and Equipment Rental and Leasing, highlighting Estado de México (550), Guanajuato (478), and Puebla (394).

Total gross production was $35B MX. The states with the highest total gross production were Ciudad de México ($9.63B MX) and Estado de México ($5.32B MX).

Total income reached $35.8B MX in 2019, being the states with the highest income Ciudad de México ($10.1B MX) and Estado de México ($5.42B MX).

* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.

Production Indicators by Municipality

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According to dato from Economic Census 2014, Commercial and Industrial Machinery and Equipment Rental and Leasing had a total of 9,696 economic units and the municipalities with the highest number of economic units were Guadalajara (276), Iztapalapa (252), and Mérida (252)

Total income eached $39.4B MX and the municipalities with the highest income were Centro ($5.82B MX), Miguel Hidalgo ($5.03B MX), and Carmen ($2.8B MX).

Total expenditures were $27.6B MX and the municipalities with the highest expenditures were Centro ($4.32B MX), Miguel Hidalgo ($3.96B MX), and Carmen ($2.42B MX).

On the other hand, in 2014 there were 60330 employees dependent on economic units and the municipalities with the highest number of employees were Tlalnepantla de Baz (4.88k), Centro (4.02k), and Miguel Hidalgo (2.24k).

* Any inconsistency between the data at the state and municipal level is due to the anonymization methodologies applied to the data, also municipalities not shown in the visualization have been anonymized.

Economic Units

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The visualization shows the number of economic units in Commercial and Industrial Machinery and Equipment Rental and Leasing according to the number of employees.

According to DENUE data published in May 2024, 5,680 companies with 0 to 10 employees were registered (8 companies less than the previous period). In the same period, 686 companies with 11 to 50 employees were registered (equal number of companies as the previous period).

72 companies with 51 to 100 employees were registered in 2024 (3 companies less than the previous period). Likewise, 45 companies with more than 101 employees were registered (8 companies less than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • US$1.74M, FDI Jan-Jun 2024
  • US$849M, FDI Jan-1999 to Jun-2024

In the period January to June 2024, FDI from Commercial and Industrial Machinery and Equipment Rental and Leasing was US$1.74M, distributed in reinvestment of earnings (US$15.6M), equity Capital (US$0), and inter-company debts (-US$13.9M).

Since January 1999 to June 2024, the accumulated amount of FDI in Commercial and Industrial Machinery and Equipment Rental and Leasing was US$849M, distributed in inter-company debts (US$556M), reinvestment of earnings (US$214M), and equity Capital (US$79.8M).

* Confidential data is not shown in the chart (see information icon in the section).

Foreign Direct Investment (FDI) by State

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Period Jan-Jun 2024: US$0

Period Jan-1999 to Jun-2024: US$760M, Mexico City is the main receiving state

No FDI is recorded in the period January to June, 2024

Historically (from January 1999 to June2024) the states that have received the highest FDI are Mexico City (US$760M), Chihuahua (US$48.3M), and Guanajuato (US$20.3M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

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Periodo Jan-Jun 2024: ---, US$0

Main investing country between Jan-1999 and Jun-2024: United States, US$808M

No FDI is recorded in the period January to June of 2024.

Historically (from January 1999 to June de 2024) the countries that contributed the most to FDI were United States (US$7.18M) and Japan (Confidential).

* Information download does not contain confidential data.

Specialization and Opportunity

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As of May 2021, the states with the highest degree of specialization in Commercial and Industrial Machinery and Equipment Rental and Leasing were Guanajuato (1.58) and Estado de México (0.7). 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 Commercial and Industrial Machinery and Equipment Rental and Leasing according to Relatedness were Chihuahua (0.7), Baja California (0.63), and Aguascalientes (0.54). 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).