Retail Trade of Articles for Interior Decoration
Industry Group (4663)
2024-Q2: $3.43T MX, Gross Domestic Product
DENUE May 2024: 44,411, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
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 Trade of Articles for Interior Decoration registered 44,411 economic units. The states with the highest number of economic units were Ciudad de México (6,554), Estado de México (5,347), and Puebla (4,149).
According to data from the Economic Census 2019, total gross production was $13.8B MX. The states with the highest total gross production were Ciudad de México ($3.23B MX) and Estado de México ($1.24B MX).
For its part, total income reached $33.1B MX in 2019, being the states with the highest income Ciudad de México ($7.88B MX) and Estado de México ($3.33B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Articles for Interior Decoration the states with the highest affinity were Querétaro (0.7), Ciudad de México (0.64), Nuevo León (0.62), Jalisco (0.58), and Chihuahua (0.54).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross 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.
Production Indicators by State
#permalink to sectionAccording to data from the Economic Census 2019, 41,977 economic units were totaled in Retail Trade of Articles for Interior Decoration, highlighting Ciudad de México (6,432), Estado de México (5,051), and Puebla (3,926).
Total gross production was $13.8B MX. The states with the highest total gross production were Ciudad de México ($3.23B MX) and Estado de México ($1.24B MX).
Total income reached $33.1B MX in 2019, being the states with the highest income Ciudad de México ($7.88B MX) and Estado de México ($3.33B 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, Retail Trade of Articles for Interior Decoration had a total of 105,021 economic units and the municipalities with the highest number of economic units were Xochimilco (7.07k), Cuauhtémoc (3.22k), and Huauchinango (3.05k)
Total income eached $45.6B MX and the municipalities with the highest income were Cuauhtémoc ($2.65B MX), Guadalajara ($2B MX), and Monterrey ($1.95B MX).
Total expenditures were $35.9B MX and the municipalities with the highest expenditures were Cuauhtémoc ($2.09B MX), Guadalajara ($1.63B MX), and Monterrey ($1.52B MX).
On the other hand, in 2014 there were 222903 employees dependent on economic units and the municipalities with the highest number of employees were Xochimilco (11.5k), Cuauhtémoc (8.15k), and Guadalajara (6.22k).
* 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 Retail Trade of Articles for Interior Decoration according to the number of employees.
According to DENUE data published in May 2024, 43,912 companies with 0 to 10 employees were registered (8 companies less than the previous period). In the same period, 450 companies with 11 to 50 employees were registered (16 companies less than the previous period).
38 companies with 51 to 100 employees were registered in 2024 (1 companies less than the previous period). Likewise, 11 companies with more than 101 employees were registered (1 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$0, FDI Jan-Jun 2024
- US$48.6M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Retail Trade of Articles for Interior Decoration.
Since January 1999 to June 2024, the accumulated amount of FDI in Retail Trade of Articles for Interior Decoration was US$48.6M, distributed in equity Capital (US$47.3M), inter-company debts (US$2.71M), and reinvestment of earnings (-US$1.41M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Jun 2024: Confidential, Mexico City is the main receiving state
Period Jan-1999 to Jun-2024: US$36.8M, Mexico City is the main receiving state
From January to June 2024, the states that received the highest FDI for Retail Trade of Articles for Interior Decoration were Mexico City (Confidential) and San Luis Potosí (Confidential).
Historically (from January 1999 to June2024) the states that have received the highest FDI are Mexico City (US$36.8M), Nuevo León (US$7.28M), and Estado de México (US$2.03M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionMain investing country between Jan-Jun 2024: France, Confidential
Main investing country between Jan-1999 and Jun-2024: Colombia, US$17.9M
During January to June de 2024, the main countries of origin of FDI for Retail Trade of Articles for Interior Decoration were France (Confidential) and Switzerland (Confidential).
Historically (from January 1999 to June de 2024) the countries that contributed the most to FDI were France (Confidential) and Switzerland (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Retail Trade of Articles for Interior Decoration were Morelos (1.8), Ciudad de México (1.73), and Puebla (1.51). 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 Trade of Articles for Interior Decoration according to Relatedness were Nuevo León (0.62), Jalisco (0.58), and Chihuahua (0.54). 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).