Other Nonmetallic Mineral Product Manufacturing
Industry Group (3279)
2024-Q2: $6.58T MX, Gross Domestic Product
Jan-Jun 2024: Confidential, 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 $18.1B MX. The states with the highest total gross production were Estado de México ($4.93B MX) and Jalisco ($2.56B MX).
For its part, total income reached $18.8B MX in 2019, being the states with the highest income Estado de México ($5.11B MX) and Jalisco ($2.59B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Nonmetallic Mineral Product Manufacturing the states with the highest affinity were Nuevo León (0.71), Chihuahua (0.69), Coahuila de Zaragoza (0.68), Sonora (0.67), and Querétaro (0.67).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $6.58T MX
Gross Domestic Product 2023: $6.37T MX
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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.
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Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 4,454 economic units were totaled in Other Nonmetallic Mineral Product Manufacturing, highlighting Puebla (1,140), Jalisco (442), and Estado de México (418).
Total gross production was $18.1B MX. The states with the highest total gross production were Estado de México ($4.93B MX) and Jalisco ($2.56B MX).
Total income reached $18.8B MX in 2019, being the states with the highest income Estado de México ($5.11B MX) and Jalisco ($2.59B MX).
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Production Indicators by Municipality
#permalink to sectionAccording to dato from Economic Census 2014, Other Nonmetallic Mineral Product Manufacturing had a total of 8,745 economic units and the municipalities with the highest number of economic units were San Salvador el Seco (1.51k), Tecali de Herrera (567), and Tlajomulco de Zúñiga (240)
Total income eached $31.6B MX and the municipalities with the highest income were Tlalnepantla de Baz ($6.45B MX), Ecatepec de Morelos ($2.13B MX), and Santa Catarina ($1.85B MX).
Total expenditures were $23.4B MX and the municipalities with the highest expenditures were Tlalnepantla de Baz ($4.3B MX), Ecatepec de Morelos ($1.83B MX), and Iztapalapa ($1.56B MX).
On the other hand, in 2014 there were 51537 employees dependent on economic units and the municipalities with the highest number of employees were Tlalnepantla de Baz (4.63k), Gómez Palacio (4.02k), and Tijuana (3.7k).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Other Nonmetallic Mineral Product Manufacturing according to the number of employees.
According to DENUE data published in N/A, N/A companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, N/A companies with 11 to 50 employees were registered (equal number of companies as the previous period).
N/A companies with 51 to 100 employees were registered in N/A (equal number of companies as the previous period). Likewise, N/A 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- Confidential, FDI Jan-Jun 2024
- US$149M, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Other Nonmetallic Mineral Product Manufacturing was Confidential, distributed in inter-company debts (Confidential), equity Capital (US$0), and reinvestment of earnings (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Other Nonmetallic Mineral Product Manufacturing was US$149M, distributed in equity Capital (US$81.3M), inter-company debts (US$60.6M), and reinvestment of earnings (US$7.08M).
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Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$45.4M, 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$45.4M), Tamaulipas (US$35.9M), and Guanajuato (US$22.3M).
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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$82.3M
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).
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Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Other Nonmetallic Mineral Product Manufacturing were Puebla (4.1). 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 Other Nonmetallic Mineral Product Manufacturing according to Relatedness were Nuevo León (0.71), Chihuahua (0.69), and Baja California (0.62). 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).