Scenic and Sightseeing Transportation, Water
Industry Group (4872)
2024-Q2: $2.57T MX, Gross Domestic Product
DENUE May 2024: 451, Economic units
Jan-Jun 2024: US$0, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $2.57T MX, 6.82% more than the previous quarter.
According DENUE 2024, Scenic and Sightseeing Transportation, Water registered 451 economic units. The states with the highest number of economic units were Baja California Sur (109), Jalisco (96), and Oaxaca (51).
According to data from the Economic Census 2019, total gross production was $1.03B MX. The states with the highest total gross production were Baja California Sur ($448M MX) and Quintana Roo ($109M MX).
For its part, total income reached $1.04B MX in 2019, being the states with the highest income Baja California Sur ($450M MX) and Quintana Roo ($111M MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Scenic and Sightseeing Transportation, Water the states with the highest affinity were Sonora (0.62), Baja California Sur (0.61), Chihuahua (0.61), Nuevo León (0.58), and Colima (0.58).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $2.57T MX
Gross Domestic Product 2023: $2.3T MX
* Data displayed corresponds to the sector Transportation and Warehousing since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Transportation and Warehousing recorded a gross domestic product of $2.57T MX, evidencing an increase of 6.82% compared to the previous quarter and an increase of 10.9% 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, 509 economic units were totaled in Scenic and Sightseeing Transportation, Water, highlighting Baja California Sur (113), Jalisco (101), and Oaxaca (54).
Total gross production was $1.03B MX. The states with the highest total gross production were Baja California Sur ($448M MX) and Quintana Roo ($109M MX).
Total income reached $1.04B MX in 2019, being the states with the highest income Baja California Sur ($450M MX) and Quintana Roo ($111M 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, Scenic and Sightseeing Transportation, Water had a total of 846 economic units and the municipalities with the highest number of economic units were Los Cabos (183), La Paz (135), and Aquismón (132)
Total income eached $833M MX and the municipalities with the highest income were Los Cabos ($388M MX), La Paz ($167M MX), and Acapulco de Juárez ($48.6M MX).
Total expenditures were $492M MX and the municipalities with the highest expenditures were Los Cabos ($238M MX), La Paz ($81.6M MX), and Acapulco de Juárez ($27.8M MX).
On the other hand, in 2014 there were 3552 employees dependent on economic units and the municipalities with the highest number of employees were Los Cabos (1.34k), La Paz (606), and Villa de Tututepec (309).
* 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 Scenic and Sightseeing Transportation, Water according to the number of employees.
According to DENUE data published in May 2024, 359 companies with 0 to 10 employees were registered (1 companies more than the previous period). In the same period, 83 companies with 11 to 50 employees were registered (1 companies more than the previous period).
5 companies with 51 to 100 employees were registered in 2024 (equal number of companies as the previous period). Likewise, 4 companies with more than 101 employees were registered (equal number of companies as 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$17.3M, FDI Jan-1999 to Jun-2024
In the period january to june 2024, no FDI was registered in Scenic and Sightseeing Transportation, Water.
Since January 1999 to June 2024, the accumulated amount of FDI in Scenic and Sightseeing Transportation, Water was US$17.3M, distributed in reinvestment of earnings (Confidential), inter-company debts (US$5.7M), and equity Capital (US$227k).
* 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: US$0
Period Jan-1999 to Jun-2024: US$8.64M, Baja California Sur 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 Baja California Sur (US$8.64M), Mexico City (US$6.14M), and Sinaloa (Confidential).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Jun 2024: ---, US$0
Main investing country between Jan-1999 and Jun-2024: France, US$10.6M
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) and United States (US$743).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Scenic and Sightseeing Transportation, Water according to Relatedness were Sonora (0.62), Chihuahua (0.61), and Nuevo León (0.58). 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).