Sector (31-33)
2024-Q2: $6.58T MX, Gross Domestic Product
Jan-Jun 2024: US$8.5B, Foreign Direct Investment
2024-Q2 : $2.06k MX, Average Monthly Salary
2024-Q2 : 21.6k, Workforce
2024-Q2 : 31.3%, Female Workforce
2024-Q2: 37.1, Average Age
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 $10.8T MX. The states with the highest total gross production were Nuevo León ($1.33T MX) and Estado de México ($1.18T MX).
For its part, total income reached $11.1T MX in 2019, being the states with the highest income Nuevo León ($1.35T MX) and Estado de México ($1.22T MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Manufacturing the states with the highest affinity were Baja California Sur (0.8), San Luis Potosí (0.72), Sinaloa (0.72), Zacatecas (0.72), and Durango (0.66).
During the second quarter of 2024 in Manufacturing the workforce was 21.6k people, 68.7% men and 31.3% women. In addition, the average monthly salary informed was $2.06k MX.
During the same period, occupations with the highest number of workers in Manufacturing were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Unspecified Occupations, and Other Operators of Stationary Industrial Installations and Machinery, not elsewhere Classified.
At the state level, the occupied population of Manufacturing was concentrated in List San Luis Potosí,Estado de México,Sonora.
The average age of workers in Manufacturing in the second quarter of 2024 was 37.1 years. In the same period, the average schooling of the workforce of Manufacturing, was 16.6 years.
Average Monthly Salary 2024-Q2: $2.06k MX
Working population 2024-Q2: 21.6k
In the second quarter of 2024, the workforce in Manufacturing it was of 21.6k people, 68.7% men with a reported average monthly salary of $1.04k MX and 31.3% women with a salary of $4.31k MX.
Of the total employed population, 93.7% of the total workforce were formal workers with an average monthly salary of $2.18k MX, while he 6.34% corresponds to informal workers with an average salary of $267 MX.
In the second quarter of 2024 the occupations with the highest number of workers were Other Industrial Machinery Operators, Assemblers and Transport Drivers, not elsewhere Classified, Unspecified Occupations, and Other Operators of Stationary Industrial Installations and Machinery, not elsewhere Classified.
At the state level, the workforce of Manufacturing was concentrated on San Luis Potosí, Estado de México, and Sonora.
Gross domestic product 2024-Q2: $6.58T MX
Gross Domestic Product 2023: $6.37T MX
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.
According to data from the Economic Census 2019, 579,828 economic units were totaled in Manufacturing, highlighting Estado de México (61,840), Oaxaca (52,023), and Puebla (50,091).
Total gross production was $10.8T MX. The states with the highest total gross production were Nuevo León ($1.33T MX) and Estado de México ($1.18T MX).
Total income reached $11.1T MX in 2019, being the states with the highest income Nuevo León ($1.35T MX) and Estado de México ($1.22T MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
In 2019, Manufacturing had a total of 579,828 economic units and the municipalities with the highest number of economic units were León (10.9k), Guadalajara (8.01k), and Iztapalapa (7.39k).
Also, $11.1T MX in total income were registered and the municipalities with the highest income were Toluca ($335B MX), Ramos Arizpe ($304B MX), and Saltillo ($296B MX).
Total expenditure registered in 2019 was $8.05T MX and the municipalities with the highest expenditure were Ramos Arizpe ($241B MX), Toluca ($239B MX), and Silao de la Victoria ($232B MX).
In 2019 there were 5.33M employees dependent on economic units and the municipalities with the highest number of employees were Juárez (304k), Tijuana (251k), and León (144k).
* 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.
The visualization shows the number of economic units in 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)
In the period January to June 2024, FDI from Manufacturing was US$8.5B, distributed in reinvestment of earnings (US$8.97B), equity Capital (US$285M), and inter-company debts (-US$755M).
Since January 1999 to June 2024, the accumulated amount of FDI in Manufacturing was US$361B, distributed in equity Capital (US$133B), reinvestment of earnings (US$128B), and inter-company debts (US$99.9B).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$50.2B, Nuevo León 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 Nuevo León (US$50.2B), Mexico City (US$48.7B), and Estado de México (US$37.1B).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: United States, US$162B
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$2.59B), Germany (US$1.64B), and Japan (US$1.38B).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Manufacturing were Oaxaca (1.94), Yucatán (1.91), and Guerrero (1.79). 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 Manufacturing according to Relatedness were Baja California Sur (0.8), San Luis Potosí (0.72), and Sinaloa (0.72). 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).
Average Age 2024-Q2: 37.1
Average Years of Schooling 2024-Q2: 16.6
The visualization shows the workforce of Manufacturing by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Manufacturing the average age for women was 36.5 years and the average schooling was 12.8 years.
The average age of men in the Manufacturing workforce was 37.4 years, while the average schooling was 18.3 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".
The visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Manufacturing sector had 6,493,020 people employed, by age range 498,612 people up to 20 years old were registered, 2,286,201 people from 21 to 30 years old, 1,945,088 people from 31 to 40 years old and 1,756,169 people over 40 years old.
By educational level 161,676 people without education were registered, 3,518,059 people with basic education, 1,846,008 people with upper secondary education and 960,327 people with higher education.
The visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is 10.6% in companies with up to 10 people, 16.3% in companies with 11 to 50 people, 24.9% in companies with 51 to 250 people, and 30.9% in companies with 251 and more people.
According to data from the Economic Census 2019, the staff distribution who received training according to age range was 54.9% of staff with up to 20 years, 51.5% of staff between 21 and 30 years, 51.8% of staff between 31 and 40 years, and 48.4% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 40.1% of staff without intruction, 48.7% of staff with basic education, 52.9% of staff with upper secondary education, and 57.7% of staff with higher education.
According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 8.34% units with up to 10 people, 28.1% units with 11 to 50 people, 42.9% units with 51 to 250 people, and 36.3% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 12.2% of the recently created (up to 2 years) units, 10.6% of the youth (3 to 5 years) units, 9.65% of the adults (6 to 10 years) units, and 8.83% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Querétaro (16.9%), Nuevo León (15.7%), Baja California Sur (14.9%), Guanajuato (13.9%), and Chihuahua (13.5%).
The 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.
According to data from the Economic Census 2019, the distribution of economic units that had a bank account was 10.8% units with up to 10 people, 74.6% units with 11 to 50 people, 93.5% units with 51 to 250 people, and 93.3% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Nuevo León (47%), Baja California (42.2%), Chihuahua (37.3%), Baja California Sur (36%), and Querétaro (33.8%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
The 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.
The visualization shows the percentage distribution of the economic units in the Manufacturing sector 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 Nuevo León (42.8%), Baja California (38.1%), Querétaro (34.2%), Chihuahua (31.6%), and Aguascalientes (30.2%).
The 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 Manufacturing sector had 13.8% of economic units that had internet services and 14.9% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
The 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 search information for goods or services (93%) stand out in percentage terms.
According to the age of the company, seniors (over 10 years) economic units that use the internet for search information for goods or services (81.8%) stand out.
The 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 $1.6T MX and purchases were $1.32T MX. On the other hand, sales made in monetary transactions were $11T MX and purchases reached $7.78T MX.
The 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 Manufacturing with up to 10 workers are another problems (20.5%), public insecurity (15.8%), high costs of raw materials (14%), and high expenses in service payments (11.5%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 42.4% units with up to 10 people, 93.5% units with 11 to 50 people, 98.9% units with 51 to 250 people, and 99.1% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Baja California (79.5%), Chihuahua (76.9%), Nuevo León (75.8%), Ciudad de México (71.3%), and Quintana Roo (71.2%).
The 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 accounting system developed by third parties (58.6%) in companies with up to 10 people, external accounting system (45.3%) in companies with 11 to 50 people, internally developed accounting system (67.8%) in companies with 51 to 250 people, and internally developed accounting system (80.6%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Manufacturing sector 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 Nuevo León ($1.33T MX),Estado de México ($1.21T MX),Guanajuato ($1.06T MX),Coahuila de Zaragoza ($1T MX),Jalisco ($757B 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.
The visualization shows the percentage of large economic units of the private and parastatal sector that had activities in 2018, according to compliance with the environmental standard.
In 2018, 29.1% of the large economic units complied with the environmental standard, 31.3% did not know if they complied with any environmental standard, and 39.6% did not comply with the environmental standard.
The visualization shows the percentage distribution of economic units in the private and parastatal sectors of Manufacturing that had staff in environmental protection activities by state.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units that had staff in environmental protection activities were Tamaulipas (46.2%), Chihuahua (44.3%), Tlaxcala (42.6%), Querétaro (40.4%), and Coahuila de Zaragoza (37.5%).
According to data from the 2019 Economic Census, 69.6% of the large economic units in the Manufacturing sector separated their waste, highlighting the separation of paper (87.8%), plastic (72.8%), and metal (62%).
On the other hand, 13.7% of the large economic units applied some treatment to the wastewater generated in their activity. The main uses of the treated water were discharge to the public network (4.74%), gardening and cleaning (3.99%), and same production process (3.83%).
According to data from the Economic Census 2019, 23.3% of the large economic units in the Manufacturing sector made expenditures on environmental protection, highlighting expenditures in sewage treatment ($2.01B MX), hazardous waste management ($1.48B MX), and hiring of consultants and external services ($1.36B MX).
On the other hand, 6.31% of the large economic units made investment in environmental protection. The main investments were in decrease energy consumption ($683M MX), sewage treatment ($374M MX), and decrease water consumption ($288M MX).
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of 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 Baja California Sur (31.1%), Campeche (23.6%), Tlaxcala (23.4%), Querétaro (23.3%), and Colima (21.2%).
According to data from the Economic Census 2019, 15.6% of the large economic units of the private and parastatal sector of Manufacturing had innovation activities in 2018.
Of the total staff employed in large economic units, 2.08% was employed in product innovation activities, 2.04% in process innovation, 0.51% in market innovation, 1.14% in organizational innovation, and 0.74% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of 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 Manufacturing Sector had 2,304 economic units that had qualified staff in technological research and development activities, 270 economic units had it for research and technological development in the field of Biotechnology and 157 economic units for research and technological development in Nanotechnology.
In the same year, 833 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 381 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.