Freight Transportation Arrangement
Industry Group (4885)
2024-Q2: $2.57T MX, Gross Domestic Product
DENUE May 2024: 5,069, Economic units
Jan-Jun 2024: US$0, 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, Freight Transportation Arrangement registered 5,069 economic units. The states with the highest number of economic units were Tamaulipas (853), Ciudad de México (712), and Baja California (501).
According to data from the Economic Census 2019, total gross production was $142B MX. The states with the highest total gross production were Ciudad de México ($43.9B MX) and Veracruz de Ignacio de la Llave ($16.5B MX).
For its part, total income reached $144B MX in 2019, being the states with the highest income Ciudad de México ($44.4B MX) and Veracruz de Ignacio de la Llave ($16.6B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Freight Transportation Arrangement the states with the highest affinity were Nuevo León (0.79), Chihuahua (0.75), Coahuila de Zaragoza (0.72), Baja California (0.7), and Sonora (0.7).
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, 4,296 economic units were totaled in Freight Transportation Arrangement, highlighting Tamaulipas (734), Ciudad de México (660), and Baja California (423).
Total gross production was $142B MX. The states with the highest total gross production were Ciudad de México ($43.9B MX) and Veracruz de Ignacio de la Llave ($16.5B MX).
Total income reached $144B MX in 2019, being the states with the highest income Ciudad de México ($44.4B MX) and Veracruz de Ignacio de la Llave ($16.6B 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, Freight Transportation Arrangement had a total of 9,741 economic units and the municipalities with the highest number of economic units were Nuevo Laredo (1.13k), Tijuana (831), and Manzanillo (726)
Total income eached $83.6B MX and the municipalities with the highest income were Miguel Hidalgo ($13.7B MX), Venustiano Carranza ($8.74B MX), and Iztacalco ($5.66B MX).
Total expenditures were $54.6B MX and the municipalities with the highest expenditures were Miguel Hidalgo ($13.9B MX), Venustiano Carranza ($4.79B MX), and Iztacalco ($3.76B MX).
On the other hand, in 2014 there were 131262 employees dependent on economic units and the municipalities with the highest number of employees were Venustiano Carranza (12.1k), Veracruz (11.9k), and Nuevo Laredo (11.3k).
* 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 Freight Transportation Arrangement according to the number of employees.
According to DENUE data published in May 2024, 2,781 companies with 0 to 10 employees were registered (6 companies more than the previous period). In the same period, 1,742 companies with 11 to 50 employees were registered (2 companies less than the previous period).
252 companies with 51 to 100 employees were registered in 2024 (8 companies more than the previous period). Likewise, 294 companies with more than 101 employees were registered (17 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- US$0, FDI Jan-Jun 2024
- US$195M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Freight Transportation Arrangement.
Since January 1999 to June 2024, the accumulated amount of FDI in Freight Transportation Arrangement was US$195M, distributed in reinvestment of earnings (US$151M), equity Capital (US$23.7M), and inter-company debts (US$19.7M).
* 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$121M, 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$121M), Nuevo León (US$16.7M), and Tamaulipas (US$15.8M).
* 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$88.4M
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 Netherlands (Confidential), Belgium (Confidential), and Denmark (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Freight Transportation Arrangement were Tamaulipas (6.82) and Ciudad de México (1.71). 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 Freight Transportation Arrangement according to Relatedness were Jalisco (0.57), Aguascalientes (0.57), and Sinaloa (0.56). 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).