Industry Group (4659)
2024-Q2: $3.43T MX, Gross Domestic Product
DENUE May 2024: 104,666, Economic units
Jan-Jun 2024: Confidential, 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 Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use registered 104,666 economic units. The states with the highest number of economic units were Estado de México (14,833), Ciudad de México (10,987), and Puebla (7,372).
According to data from the Economic Census 2019, total gross production was $21.3B MX. The states with the highest total gross production were Ciudad de México ($4.39B MX) and Jalisco ($2.55B MX).
For its part, total income reached $55.4B MX in 2019, being the states with the highest income Ciudad de México ($12.7B MX) and Jalisco ($6.25B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use the states with the highest affinity were Querétaro (0.65), Nuevo León (0.63), Jalisco (0.6), Chihuahua (0.59), and Ciudad de México (0.58).
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, 94,889 economic units were totaled in Retail Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use, highlighting Estado de México (13,734), Ciudad de México (10,480), and Jalisco (6,728).
Total gross production was $21.3B MX. The states with the highest total gross production were Ciudad de México ($4.39B MX) and Jalisco ($2.55B MX).
Total income reached $55.4B MX in 2019, being the states with the highest income Ciudad de México ($12.7B MX) and Jalisco ($6.25B 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 Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use had a total of 248,688 economic units and the municipalities with the highest number of economic units were Cuauhtémoc (6.86k), Guadalajara (4.89k), and Puebla (4.77k)
Total income eached $76B MX and the municipalities with the highest income were Cuauhtémoc ($5.74B MX), Guadalajara ($3.07B MX), and Tlalnepantla de Baz ($2.38B MX).
Total expenditures were $59.7B MX and the municipalities with the highest expenditures were Cuauhtémoc ($4.45B MX), Guadalajara ($2.43B MX), and Cuajimalpa de Morelos ($1.85B MX).
On the other hand, in 2014 there were 432786 employees dependent on economic units and the municipalities with the highest number of employees were Cuauhtémoc (16.5k), Guadalajara (11k), and Puebla (9.54k).
* 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 Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use according to the number of employees.
According to DENUE data published in May 2024, 104,000 companies with 0 to 10 employees were registered (20 companies more than the previous period). In the same period, 622 companies with 11 to 50 employees were registered (2 companies more than the previous period).
26 companies with 51 to 100 employees were registered in 2024 (1 companies less than the previous period). Likewise, 18 companies with more than 101 employees were registered (1 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to June 2024, FDI from Retail Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use was Confidential, distributed in inter-company debts (Confidential), equity Capital (Confidential), and reinvestment of earnings (US$0).
Since January 1999 to June 2024, the accumulated amount of FDI in Retail Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use was US$377M, distributed in inter-company debts (US$267M), reinvestment of earnings (US$62M), and equity Capital (US$48.2M).
* 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$125M, 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$125M), Quintana Roo (US$93.7M), and Nuevo León (US$51.8M).
* Information download does not contain confidential data.
Periodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: Switzerland, US$264M
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) and China (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Retail Trade of Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use were Quintana Roo (1.9), Tlaxcala (1.42), and Querétaro (1.35). 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 Pets, Gifts, Religious Items, Disposables, Handicrafts and other Items for Personal Use according to Relatedness were Nuevo León (0.63), Chihuahua (0.59), and Coahuila de Zaragoza (0.57). 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).