Computer and Electronic Product Manufacturing
Subsector (334)
2024-Q2: $6.58T MX, Gross Domestic Product
Jan-Jun 2024: US$193M, 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 to data from the Economic Census 2019, total gross production was $198B MX. The states with the highest total gross production were Jalisco ($42.3B MX) and Chihuahua ($27.8B MX).
For its part, total income reached $201B MX in 2019, being the states with the highest income Jalisco ($43.1B MX) and Chihuahua ($28.3B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Computer and Electronic Product Manufacturing the states with the highest affinity were Sonora (0.81), Nuevo León (0.78), Chihuahua (0.78), Querétaro (0.76), and Baja California (0.73).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $6.58T MX
Gross Domestic Product 2023: $6.37T MX
* Data displayed corresponds to the sector Manufacturing since the information at lower levels of disaggregation is not available.
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.
* Current values, at current prices, base year 2013. Excludes taxes on products.
Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 875 economic units were totaled in Computer and Electronic Product Manufacturing, highlighting Baja California (164), Jalisco (97), and Chihuahua (87).
Total gross production was $198B MX. The states with the highest total gross production were Jalisco ($42.3B MX) and Chihuahua ($27.8B MX).
Total income reached $201B MX in 2019, being the states with the highest income Jalisco ($43.1B MX) and Chihuahua ($28.3B 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
#permalink to sectionAccording to dato from Economic Census 2014, Computer and Electronic Product Manufacturing had a total of 1,797 economic units and the municipalities with the highest number of economic units were Tijuana (324), Juárez (180), and Reynosa (96)
Total income eached $311B MX and the municipalities with the highest income were Juárez ($37.2B MX), Tijuana ($34.3B MX), and Reynosa ($28.7B MX).
Total expenditures were $177B MX and the municipalities with the highest expenditures were El Salto ($19.9B MX), Juárez ($15.5B MX), and Chihuahua ($14B MX).
On the other hand, in 2014 there were 698364 employees dependent on economic units and the municipalities with the highest number of employees were Tijuana (130k), Juárez (121k), and Reynosa (95k).
* 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
#permalink to sectionThe visualization shows the number of economic units in Computer and Electronic Product Manufacturing according to the number of employees.
According to DENUE data published in May 2024, 0 companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, 0 companies with 11 to 50 employees were registered (equal number of companies as the previous period).
0 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 0 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- US$193M, FDI Jan-Jun 2024
- US$27.7B, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Computer and Electronic Product Manufacturing was US$193M, distributed in inter-company debts (US$114M), reinvestment of earnings (US$78.4M), and equity Capital (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Computer and Electronic Product Manufacturing was US$27.7B, distributed in inter-company debts (US$19.6B), equity Capital (US$4.71B), and reinvestment of earnings (US$3.36B).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$6.61B, Baja California 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 Baja California (US$6.61B), Jalisco (US$4.92B), and Mexico City (US$4.67B).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: United States, US$16.9B
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$174M), South Korea (US$10.1M), and Japan (US$9.92M).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Computer and Electronic Product Manufacturing according to Relatedness were Sinaloa (0.65), Colima (0.59), and Baja California Sur (0.57). 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).
Financing
#permalink to sectionAccess to Financing
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 12.9% units with up to 10 people, 27.8% units with 11 to 50 people, 16.9% units with 51 to 250 people, and 12% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 19.4% of the recently created (up to 2 years) units, 18.5% of the youth (3 to 5 years) units, 13.8% of the adults (6 to 10 years) units, and 15.9% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Nayarit (100%), Oaxaca (100%), Tlaxcala (44.4%), San Luis Potosí (41.7%), and Estado de México (34.5%).
Sources and Uses of Financing
#permalink to sectionThe visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.
In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.
Access to Bank Account and Credit
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units that had a bank account was 53.8% units with up to 10 people, 85% units with 11 to 50 people, 92.1% units with 51 to 250 people, and 95.4% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Hidalgo (100%), Oaxaca (100%), Yucatán (100%), Chihuahua (94.3%), and Jalisco (91.8%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
Reasons for not Having Credit or Bank Account
#permalink to sectionThe visualization shows the percentage of economic units classified by size according to reasons for not having a bank account or credit.
In the chart, each level corresponds to a company size, the darker the box, the greater the percentage of economic units that are in that category. The categories represent the reasons why the companies did not have a bank account or credit, depending on the option selected in the upper button.
Information Technologies
#permalink to sectionInternet Usage by State
#permalink to sectionThe visualization shows the percentage distribution of the economic units in the Computer and Electronic Product Manufacturing subsector that had internet services.
According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Morelos (100%), Nayarit (100%), San Luis Potosí (100%), Yucatán (100%), and Zacatecas (100%).
Availability of Internet Service and Computing
#permalink to sectionThe visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.
According to data from the Economic Census 2019, the Computer and Electronic Product Manufacturing subsector had 86.3% of economic units that had internet services and 87.3% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
Internet Use in Companies
#permalink to sectionThe visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.
According to the size of the company, the economic units of 251 and more people that use the internet in banking and financial operations (98.2%) stand out in percentage terms.
According to the age of the company, seniors (over 10 years) economic units that use the internet for banking and financial operations (95.6%) stand out.
Business Management
#permalink to sectionInternet Purchases and Sales
#permalink to sectionThe visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.
According to data from the 2019 Economic Census, internet sales reached $34.2B MX and purchases were $20B MX. On the other hand, sales made in monetary transactions were $201B MX and purchases reached $101B MX.
Problems faced by economic units
#permalink to sectionThe chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.
According to data from the Economic Census 2019, the main problems faced by the economic units of Computer and Electronic Product Manufacturing with up to 10 workers are high taxes (20.8%), another problems (16.3%), public insecurity (15.7%), and high expenses in service payments (9.24%).
Accounting System
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 80.4% units with up to 10 people, 96.5% units with 11 to 50 people, 100% units with 51 to 250 people, and 99.3% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Coahuila de Zaragoza (100%), Chihuahua (100%), Hidalgo (100%), Morelos (100%), and Nayarit (100%).
Expenditure and Income Control Mechanisms
#permalink to sectionThe chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.
According to data from the Economic Census 2019, the main expenses and income control mechanisms were external accounting system (44%) in companies with up to 10 people, internally developed accounting system (39.5%) in companies with 11 to 50 people, internally developed accounting system (74.7%) in companies with 51 to 250 people, and internally developed accounting system (83.7%) in companies with 251 and more people.
Monetary Transactions
#permalink to sectionThe visualization shows the percentage distribution of the economic units in the Computer and Electronic Product Manufacturing subsector according to the amount of income from the supply of goods and services.
According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Jalisco ($42.3B MX),Chihuahua ($27.8B MX),Baja California ($27.8B MX),Nuevo León ($21.8B MX),Tamaulipas ($20.1B MX).
With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.
Science, Innovation and Technology
#permalink to sectionInnovation in Large Companies in Recent Years
#permalink to sectionThe visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Computer and Electronic Product Manufacturing with innovation activities in at least one year between 2016 and 2018.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Veracruz de Ignacio de la Llave (100%), Yucatán (100%), Zacatecas (100%), Tlaxcala (50%), and Aguascalientes (44.4%).
Innovation Activities in 2018
#permalink to sectionAccording to data from the Economic Census 2019, 18.7% of the large economic units of the private and parastatal sector of Computer and Electronic Product Manufacturing had innovation activities in 2018.
Of the total staff employed in large economic units, 0.97% was employed in product innovation activities, 0.77% in process innovation, 0.12% in market innovation, 0.23% in organizational innovation, and 0.57% in innovation for technological adaptation and documentation.
Qualified staff in Innovation Activities
#permalink to sectionThe visualization shows the distribution of large economic units of the private and parastatal sector of Computer and Electronic Product Manufacturing that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.
According to data from the Economic Census 2019, the lowercase Computer and Electronic Product Manufacturing Subsector had 111 economic units that had qualified staff in technological research and development activities, 2 economic units had it for research and technological development in the field of Biotechnology and 5 economic units for research and technological development in Nanotechnology.
In the same year, 18 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 6 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.