Subsector (468)
2024-Q2: $3.43T MX, Gross Domestic Product
DENUE May 2024: 100,650, Economic units
Jan-Jun 2024: US$57.4M, Foreign Direct Investment
2024-Q2 : $6.66k MX, Average Monthly Salary
2024-Q2 : 1.67M, Workforce
2024-Q2 : 26.2%, Female Workforce
2024-Q2: 38.9, Average Age
In the second quarter of 2024 the gross domestic product was $3.43T MX, 6.92% more than the previous quarter.
According DENUE 2024, Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants registered 100,650 economic units. The states with the highest number of economic units were Estado de México (11,759), Ciudad de México (7,594), and Jalisco (7,386).
According to data from the Economic Census 2019, total gross production was $378B MX. The states with the highest total gross production were Ciudad de México ($43.8B MX) and Estado de México ($36.9B MX).
For its part, total income reached $1.59T MX in 2019, being the states with the highest income Ciudad de México ($158B MX) and Estado de México ($157B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants the states with the highest affinity were Sonora (0.84), Chihuahua (0.79), Nuevo León (0.75), Coahuila de Zaragoza (0.74), and Querétaro (0.72).
During the second quarter of 2024 in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants the workforce was 1.67M people, 73.8% men and 26.2% women. In addition, the average monthly salary informed was $6.66k MX.
During the same period, occupations with the highest number of workers in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Chauffeurs Sellers.
At the state level, the occupied population of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants was concentrated in List Estado de México,Jalisco,Ciudad de México.
The average age of workers in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants in the second quarter of 2024 was 38.9 years. In the same period, the average schooling of the workforce of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants, was 12 years.
Average Monthly Salary 2024-Q2: $6.66k MX
Working population 2024-Q2: 1.67M
In the second quarter of 2024, the workforce in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants it was of 1.67M people, 73.8% men with a reported average monthly salary of $6.98k MX and 26.2% women with a salary of $5.77k MX.
Of the total employed population, 73.3% of the total workforce were formal workers with an average monthly salary of $7.14k MX, while he 26.7% corresponds to informal workers with an average salary of $5.34k MX.
In the second quarter of 2024 the occupations with the highest number of workers were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Chauffeurs Sellers.
At the state level, the workforce of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants was concentrated on Estado de México, Jalisco, and Ciudad de México.
Gross domestic product 2024-Q2: $3.43T MX
Gross Domestic Product 2023: $3.17T MX
* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Retail Trade recorded a gross domestic product of $3.43T MX, evidencing an increase of 6.92% compared to the previous quarter and an increase of 7.32% 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, 92,454 economic units were totaled in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants, highlighting Estado de México (10,859), Ciudad de México (7,293), and Jalisco (6,948).
Total gross production was $378B MX. The states with the highest total gross production were Ciudad de México ($43.8B MX) and Estado de México ($36.9B MX).
Total income reached $1.59T MX in 2019, being the states with the highest income Ciudad de México ($158B MX) and Estado de México ($157B 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, Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants had a total of 237,687 economic units and the municipalities with the highest number of economic units were Guadalajara (6.17k), Puebla (4.83k), and Iztapalapa (4.49k)
Total income eached $2.85T MX and the municipalities with the highest income were Guadalajara ($71.8B MX), Monterrey ($68.6B MX), and Zapopan ($67.3B MX).
Total expenditures were $2.6T MX and the municipalities with the highest expenditures were Guadalajara ($65.5B MX), Monterrey ($63.5B MX), and Zapopan ($62.7B MX).
On the other hand, in 2014 there were 1211541 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (36.5k), Monterrey (26.2k), and Puebla (24.8k).
* 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 Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants according to the number of employees.
According to DENUE data published in May 2024, 84,571 companies with 0 to 10 employees were registered (100 companies less than the previous period). In the same period, 14,236 companies with 11 to 50 employees were registered (47 companies less than the previous period).
1,140 companies with 51 to 100 employees were registered in 2024 (28 companies less than the previous period). Likewise, 703 companies with more than 101 employees were registered (5 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants was US$57.4M, distributed in reinvestment of earnings (US$42.1M), inter-company debts (US$15.4M), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants was US$1.34B, distributed in inter-company debts (US$838M), equity Capital (US$374M), and reinvestment of earnings (US$133M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Jun 2024: US$0
Period Jan-1999 to Jun-2024: US$1.07B, 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$1.07B), Tamaulipas (US$72.6M), and Estado de México (US$52.8M).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: France, US$827M
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 France (Confidential), United States (Confidential), and South Korea (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants were Chihuahua (1.65), Baja California (1.42), and Sonora (1.42). 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 Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants according to Relatedness were Campeche (0.52), Ciudad de México (0.51), and Quintana Roo (0.45). 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).
Average Age 2024-Q2: 38.9
Average Years of Schooling 2024-Q2: 12
The visualization shows the workforce of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants by age group and years of schooling, comparing men and women.
In the second quarter of 2024 in Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants the average age for women was 35.9 years and the average schooling was 13.5 years.
The average age of men in the Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants workforce was 40 years, while the average schooling was 11.4 years during second quarter of 2024.
* The visualization omits the range of schooling "Not Specified".
The visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants subsector had 670,620 people employed, by age range 26,380 people up to 20 years old were registered, 210,879 people from 21 to 30 years old, 237,173 people from 31 to 40 years old and 196,188 people over 40 years old.
By educational level 10,654 people without education were registered, 250,814 people with basic education, 273,277 people with upper secondary education and 135,875 people with higher education.
The visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is 14.5% in companies with up to 10 people, 23.4% in companies with 11 to 50 people, 23.4% in companies with 51 to 250 people, and 30.3% in companies with 251 and more people.
According to data from the Economic Census 2019, the staff distribution who received training according to age range was 31.7% of staff with up to 20 years, 35.1% of staff between 21 and 30 years, 33% of staff between 31 and 40 years, and 29.4% of staff with 41 years or more.
According to the level of instruction, the distribution of trained staff was 30.2% of staff without intruction, 30.8% of staff with basic education, 32.4% of staff with upper secondary education, and 36.3% of staff with higher education.
According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 16.1% units with up to 10 people, 36.8% units with 11 to 50 people, 61.2% units with 51 to 250 people, and 54.3% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 17% of the recently created (up to 2 years) units, 18.7% of the youth (3 to 5 years) units, 18.8% of the adults (6 to 10 years) units, and 21.9% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Colima (30.5%), Quintana Roo (27.4%), Nayarit (27.3%), Querétaro (26.9%), and Sinaloa (24.2%).
The visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.
In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.
According to data from the Economic Census 2019, the distribution of economic units that had a bank account was 38.6% units with up to 10 people, 94.6% units with 11 to 50 people, 96.7% units with 51 to 250 people, and 90.1% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Baja California Sur (71.3%), Colima (69.5%), Sonora (64.8%), Quintana Roo (63.7%), and Sinaloa (62.8%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
The visualization shows the percentage of economic units classified by size according to reasons for not having a bank account or credit.
In the chart, each level corresponds to a company size, the darker the box, the greater the percentage of economic units that are in that category. The categories represent the reasons why the companies did not have a bank account or credit, depending on the option selected in the upper button.
The visualization shows the percentage distribution of the economic units in the Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants subsector that had internet services.
According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Quintana Roo (71.4%), Colima (70.1%), Campeche (67.3%), Querétaro (66.4%), and Baja California Sur (64.9%).
The visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.
According to data from the Economic Census 2019, the Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants subsector had 49.3% of economic units that had internet services and 52.4% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
The visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.
According to the size of the company, the economic units of 51 to 250 people that use the internet in banking and financial operations (93.5%) stand out in percentage terms.
According to the age of the company, youth (3 to 5 years) economic units that use the internet for search information for goods or services (81%) stand out.
The visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.
According to data from the 2019 Economic Census, internet sales reached $168B MX and purchases were $279B MX. On the other hand, sales made in monetary transactions were $1.6T MX and purchases reached $1.32T MX.
The chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.
According to data from the Economic Census 2019, the main problems faced by the economic units of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants with up to 10 workers are public insecurity (27.8%), high taxes (12.3%), unfair competition problems (9.88%), and another problems (9.32%).
According to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 69.9% units with up to 10 people, 98% units with 11 to 50 people, 99.4% units with 51 to 250 people, and 98.8% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Colima (84.8%), Baja California Sur (84.3%), Campeche (83.8%), Chihuahua (83.5%), and Quintana Roo (83.3%).
The chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.
According to data from the Economic Census 2019, the main expenses and income control mechanisms were external accounting system (52.7%) in companies with up to 10 people, internally developed accounting system (54.3%) in companies with 11 to 50 people, internally developed accounting system (71.3%) in companies with 51 to 250 people, and internally developed accounting system (60%) in companies with 251 and more people.
The visualization shows the percentage distribution of the economic units in the Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants subsector according to the amount of income from the supply of goods and services.
According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Ciudad de México ($157B MX),Estado de México ($157B MX),Jalisco ($130B MX),Nuevo León ($113B MX),Guanajuato ($81.8B MX).
With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.
The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants with innovation activities in at least one year between 2016 and 2018.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Nayarit (13.8%), Ciudad de México (12.7%), Baja California (11%), Aguascalientes (9.52%), and Nuevo León (9.09%).
According to data from the Economic Census 2019, 6.95% of the large economic units of the private and parastatal sector of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants had innovation activities in 2018.
Of the total staff employed in large economic units, 5.73% was employed in product innovation activities, 4.29% in process innovation, 4.25% in market innovation, 6.12% in organizational innovation, and 5.22% in innovation for technological adaptation and documentation.
The visualization shows the distribution of large economic units of the private and parastatal sector of Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.
According to data from the Economic Census 2019, the lowercase Retail Sale of Motor Vehicles, Spare Parts, Fuels and Lubricants Subsector had 1,075 economic units that had qualified staff in technological research and development activities, 83 economic units had it for research and technological development in the field of Biotechnology and 70 economic units for research and technological development in Nanotechnology.
In the same year, 77 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 129 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.