ProceduresGovernment

Other Leather and Allied Product Manufacturing

Industry Group (3169)

 2024-Q2: $6.58T MX, Gross Domestic Product

Jan-Jun 2024: US$924k, 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 $3.75B MX. The states with the highest total gross production were Guanajuato ($1.5B MX) and Jalisco ($817M MX).

For its part, total income reached $3.77B MX in 2019, being the states with the highest income Guanajuato ($1.51B MX) and Jalisco ($816M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Leather and Allied Product Manufacturing the states with the highest affinity were Jalisco (0.61), Nuevo León (0.56), Querétaro (0.54), Chihuahua (0.53), and Sonora (0.52).

Gross Domestic Product

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Gross 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

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According to data from the Economic Census 2019,  2,963 economic units were totaled in Other Leather and Allied Product Manufacturing, highlighting Guanajuato (510), Jalisco (429), and Yucatán (293).

Total gross production was $3.75B MX. The states with the highest total gross production were Guanajuato ($1.5B MX) and Jalisco ($817M MX).

Total income reached $3.77B MX in 2019, being the states with the highest income Guanajuato ($1.51B MX) and Jalisco ($816M 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

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According to dato from Economic Census 2014, Other Leather and Allied Product Manufacturing had a total of 5,220 economic units and the municipalities with the highest number of economic units were León (1.11k), Huhí (414), and Yahualica (357)

Total income eached $7.43B MX and the municipalities with the highest income were León ($3.47B MX), Guadalajara ($1.24B MX), and Lagos de Moreno ($381M MX).

Total expenditures were $4.95B MX and the municipalities with the highest expenditures were León ($2.19B MX), Guadalajara ($1.03B MX), and Lagos de Moreno ($290M MX).

On the other hand, in 2014 there were 25593 employees dependent on economic units and the municipalities with the highest number of employees were León (10.1k), Guadalajara (1.98k), and Huhí (1.02k).

* 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

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The visualization shows the number of economic units in Other Leather and Allied 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)