Other Heavy and Civil Engineering Construction
Industry Group (2379)
2024-Q2: $2.39T MX, Gross Domestic Product
DENUE November 2024: 450, Economic units
Jan-Sep 2024: US$207M, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $2.39T MX, 10.9% more than the previous quarter.
According DENUE 2024, Other Heavy and Civil Engineering Construction registered 450 economic units. The states with the highest number of economic units were Veracruz de Ignacio de la Llave (48), Ciudad de México (41), and Jalisco (34).
According to data from the Economic Census 2019, total gross production was $10.6B MX. The states with the highest total gross production were Ciudad de México ($3.4B MX) and Jalisco ($1.17B MX).
For its part, total income reached $10.9B MX in 2019, being the states with the highest income Ciudad de México ($3.58B MX) and Jalisco ($1.18B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Heavy and Civil Engineering Construction the states with the highest affinity were Chihuahua (0.74), Sonora (0.73), Nuevo León (0.72), Coahuila de Zaragoza (0.71), and Baja California (0.69).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $2.39T MX
Gross Domestic Product 2023: $2.15T MX
* Data displayed corresponds to the sector Construction since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Construction recorded a gross domestic product of $2.39T MX, evidencing an increase of 10.9% compared to the previous quarter and an increase of 11.5% 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, 210 economic units were totaled in Other Heavy and Civil Engineering Construction, highlighting Ciudad de México (30), Jalisco (21), and Veracruz de Ignacio de la Llave (17).
Total gross production was $10.6B MX. The states with the highest total gross production were Ciudad de México ($3.4B MX) and Jalisco ($1.17B MX).
Total income reached $10.9B MX in 2019, being the states with the highest income Ciudad de México ($3.58B MX) and Jalisco ($1.18B 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, Other Heavy and Civil Engineering Construction had a total of 300 economic units and the municipalities with the highest number of economic units were Guadalajara (42), Benito Juárez (27), and Puebla (24)
Total income eached $9.78B MX and the municipalities with the highest income were Coatzacoalcos ($2.43B MX), Hermosillo ($1.22B MX), and Manzanillo ($955M MX).
Total expenditures were $7.26B MX and the municipalities with the highest expenditures were Coatzacoalcos ($1.89B MX), Hermosillo ($1.03B MX), and Manzanillo ($771M MX).
On the other hand, in 2014 there were 13062 employees dependent on economic units and the municipalities with the highest number of employees were Tijuana (1.56k), Guadalajara (1.48k), and Manzanillo (1.43k).
* 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 Other Heavy and Civil Engineering Construction according to the number of employees.
According to DENUE data published in November 2024, 199 companies with 0 to 10 employees were registered (23 companies more than the previous period). In the same period, 183 companies with 11 to 50 employees were registered (16 companies less than the previous period).
36 companies with 51 to 100 employees were registered in 2024 (2 companies more than the previous period). Likewise, 32 companies with more than 101 employees were registered (1 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$207M, FDI Jan-Sep 2024
- US$1.21B, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Other Heavy and Civil Engineering Construction was US$207M, distributed in reinvestment of earnings (US$209M), equity Capital (Confidential), and inter-company debts (-US$1.6M).
Since January 1999 to September 2024, the accumulated amount of FDI in Other Heavy and Civil Engineering Construction was US$1.21B, distributed in equity Capital (US$727M), reinvestment of earnings (US$606M), and inter-company debts (-US$126M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$366M, Mexico City is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Mexico City (US$366M), Tamaulipas (US$259M), and Colima (US$182M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: United States, US$488M
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were Philippines (Confidential), Norway (Confidential), and United States (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Other Heavy and Civil Engineering Construction according to Relatedness were Chihuahua (0.74), Aguascalientes (0.56), and San Luis Potosí (0.55). 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).