Other Specialty Trade Contractors
Industry Group (2389)
2024-Q2: $2.39T MX, Gross Domestic Product
DENUE November 2024: 772, Economic units
Jan-Sep 2024: US$2.21M, 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 Specialty Trade Contractors registered 772 economic units. The states with the highest number of economic units were Jalisco (72), Nuevo León (66), and Estado de México (49).
According to data from the Economic Census 2019, total gross production was $19.9B MX. The states with the highest total gross production were Ciudad de México ($3.77B MX) and Jalisco ($3.01B MX).
For its part, total income reached $21.2B MX in 2019, being the states with the highest income Ciudad de México ($4.67B MX) and Jalisco ($3.14B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Specialty Trade Contractors the states with the highest affinity were Chihuahua (0.76), Nuevo León (0.74), Sonora (0.73), Coahuila de Zaragoza (0.73), and Baja California (0.7).
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, 494 economic units were totaled in Other Specialty Trade Contractors, highlighting Nuevo León (52), Ciudad de México (46), and Jalisco (46).
Total gross production was $19.9B MX. The states with the highest total gross production were Ciudad de México ($3.77B MX) and Jalisco ($3.01B MX).
Total income reached $21.2B MX in 2019, being the states with the highest income Ciudad de México ($4.67B MX) and Jalisco ($3.14B 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 Specialty Trade Contractors had a total of 849 economic units and the municipalities with the highest number of economic units were Monterrey (63), Hermosillo (51), and Guadalajara (45)
Total income eached $14B MX and the municipalities with the highest income were Hermosillo ($5.49B MX), Tijuana ($887M MX), and Monterrey ($870M MX).
Total expenditures were $10B MX and the municipalities with the highest expenditures were Hermosillo ($4.23B MX), Tampico ($653M MX), and Tijuana ($551M MX).
On the other hand, in 2014 there were 21408 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (2.82k), Durango (2.73k), and Hermosillo (2.1k).
* 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 Specialty Trade Contractors according to the number of employees.
According to DENUE data published in November 2024, 497 companies with 0 to 10 employees were registered (85 companies more than the previous period). In the same period, 210 companies with 11 to 50 employees were registered (27 companies less than the previous period).
28 companies with 51 to 100 employees were registered in 2024 (2 companies less than the previous period). Likewise, 37 companies with more than 101 employees were registered (2 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- US$2.21M, FDI Jan-Sep 2024
- US$78.5M, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Other Specialty Trade Contractors was US$2.21M, distributed in reinvestment of earnings (Confidential), equity Capital (Confidential), and inter-company debts (US$0).
Since January 1999 to September 2024, the accumulated amount of FDI in Other Specialty Trade Contractors was US$78.5M, distributed in equity Capital (US$91.5M), reinvestment of earnings (US$5.03M), and inter-company debts (-US$18M).
* 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$26.9M, Estado de México 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 Estado de México (US$26.9M), Mexico City (US$22M), and Jalisco (US$9.11M).
* 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: Austria, US$37.9M
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 Spain (Confidential), South Korea (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 Specialty Trade Contractors according to Relatedness were Sinaloa (0.62), San Luis Potosí (0.55), and Ciudad de México (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).