Couriers and Express Delivery Services
Industry Group (4921)
2024-Q2: $2.57T MX, Gross Domestic Product
DENUE May 2024: 4,850, Economic units
Jan-Jun 2024: US$13M, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $2.57T MX, 6.82% more than the previous quarter.
According DENUE 2024, Couriers and Express Delivery Services registered 4,850 economic units. The states with the highest number of economic units were Ciudad de México (497), Jalisco (434), and Estado de México (359).
According to data from the Economic Census 2019, total gross production was $20B MX. The states with the highest total gross production were Ciudad de México ($12.1B MX) and Nuevo León ($2.09B MX).
For its part, total income reached $20.3B MX in 2019, being the states with the highest income Ciudad de México ($12.2B MX) and Nuevo León ($2.1B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Couriers and Express Delivery Services the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.75), Coahuila de Zaragoza (0.72), Sonora (0.71), and Baja California (0.71).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $2.57T MX
Gross Domestic Product 2023: $2.3T MX
* Data displayed corresponds to the sector Transportation and Warehousing since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Transportation and Warehousing recorded a gross domestic product of $2.57T MX, evidencing an increase of 6.82% compared to the previous quarter and an increase of 10.9% 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, 587 economic units were totaled in Couriers and Express Delivery Services, highlighting Ciudad de México (63), Jalisco (52), and Estado de México (49).
Total gross production was $20B MX. The states with the highest total gross production were Ciudad de México ($12.1B MX) and Nuevo León ($2.09B MX).
Total income reached $20.3B MX in 2019, being the states with the highest income Ciudad de México ($12.2B MX) and Nuevo León ($2.1B 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, Couriers and Express Delivery Services had a total of 417 economic units and the municipalities with the highest number of economic units were Guadalajara (69), Venustiano Carranza (51), and Benito Juárez (39)
Total income eached $19.2B MX and the municipalities with the highest income were Venustiano Carranza ($9.11B MX), Cuauhtémoc ($3.03B MX), and Benito Juárez ($2.91B MX).
Total expenditures were $11.5B MX and the municipalities with the highest expenditures were Venustiano Carranza ($5.07B MX), Benito Juárez ($2.31B MX), and Cuauhtémoc ($1.43B MX).
On the other hand, in 2014 there were 40626 employees dependent on economic units and the municipalities with the highest number of employees were Venustiano Carranza (25.5k), Cuauhtémoc (5.08k), and Monterrey (4.46k).
* 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 Couriers and Express Delivery Services according to the number of employees.
According to DENUE data published in May 2024, 4,182 companies with 0 to 10 employees were registered (296 companies more than the previous period). In the same period, 518 companies with 11 to 50 employees were registered (14 companies more than the previous period).
72 companies with 51 to 100 employees were registered in 2024 (4 companies less than the previous period). Likewise, 78 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$13M, FDI Jan-Jun 2024
- US$985M, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Couriers and Express Delivery Services was US$13M, distributed in reinvestment of earnings (Confidential), inter-company debts (Confidential), and equity Capital (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Couriers and Express Delivery Services was US$985M, distributed in equity Capital (US$603M), reinvestment of earnings (US$234M), and inter-company debts (US$149M).
* 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$338M, 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$338M), Estado de México (US$102M), and Jalisco (US$69.2M).
* 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: Netherlands, US$295M
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 (Confidential) and Denmark (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Couriers and Express Delivery Services according to Relatedness were San Luis Potosí (0.53), Durango (0.47), and Campeche (0.45). 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).