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 $31.8B MX. The states with the highest total gross production were Nuevo León ($5.53B MX) and Durango ($2.82B MX).
For its part, total income reached $32.2B MX in 2019, being the states with the highest income Nuevo León ($5.6B MX) and Durango ($2.94B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Other Wood Product Manufacturing the states with the highest affinity were Chihuahua (0.64), Sonora (0.62), Coahuila de Zaragoza (0.61), Nuevo León (0.61), and Querétaro (0.6).
* 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.
According to data from the Economic Census 2019, 31,973 economic units were totaled in Other Wood Product Manufacturing, highlighting Michoacán de Ocampo (3,338), Estado de México (3,052), and Puebla (2,912).
Total gross production was $31.8B MX. The states with the highest total gross production were Nuevo León ($5.53B MX) and Durango ($2.82B MX).
Total income reached $32.2B MX in 2019, being the states with the highest income Nuevo León ($5.6B MX) and Durango ($2.94B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Other Wood Product Manufacturing had a total of 47,352 economic units and the municipalities with the highest number of economic units were Ajalpan (1.64k), Tzintzuntzan (1.3k), and Uruapan (789)
Total income eached $24.5B MX and the municipalities with the highest income were Durango ($1.88B MX), San Nicolás de los Garza ($1.14B MX), and Juárez ($1.1B MX).
Total expenditures were $16.3B MX and the municipalities with the highest expenditures were Durango ($1.23B MX), San Nicolás de los Garza ($902M MX), and Juárez ($726M MX).
On the other hand, in 2014 there were 131301 employees dependent on economic units and the municipalities with the highest number of employees were Madera (5.04k), Durango (4.2k), and Juárez (3.34k).
* 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 Other Wood 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).
In the period January to June 2024, FDI from Other Wood Product Manufacturing was US$8.63M, distributed in inter-company debts (US$5.3M), reinvestment of earnings (Confidential), and equity Capital (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Other Wood Product Manufacturing was US$371M, distributed in equity Capital (US$269M), reinvestment of earnings (US$78.5M), and inter-company debts (US$23.2M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-1999 to Jun-2024: US$106M, Durango 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 Durango (US$106M), Michoacán de Ocampo (US$50.8M), and Tamaulipas (US$42.2M).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Other Wood Product Manufacturing were Michoacán de Ocampo (2.19), Oaxaca (1.67), and Zacatecas (1.54). 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 Wood Product Manufacturing according to Relatedness were Chihuahua (0.64), Sonora (0.62), and Coahuila de Zaragoza (0.61). 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).