ProceduresGovernment

Ship and Boat Building

Industry Group (3366)

 2024-Q2: $6.58T MX, Gross Domestic Product

Jan-Jun 2024: US$0, Foreign Direct Investment

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 $603M MX. The states with the highest total gross production were Sonora ($239M MX) and Sinaloa ($176M MX).

For its part, total income reached $615M MX in 2019, being the states with the highest income Sonora ($262M MX) and Sinaloa ($177M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Ship and Boat Building the states with the highest affinity were Sonora (0.73), Chihuahua (0.73), Nuevo León (0.72), Baja California (0.69), and Coahuila de Zaragoza (0.68).

Gross Domestic Product

#permalink to section

Gross domestic product 2024-Q2: $6.58T MX

Gross Domestic Product 2023: $6.37T MX

* 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.

Production Indicators by State

#permalink to section

According to data from the Economic Census 2019,  78 economic units were totaled in Ship and Boat Building, highlighting Sinaloa (11), Ciudad de México (8), and Tamaulipas (8).

Total gross production was $603M MX. The states with the highest total gross production were Sonora ($239M MX) and Sinaloa ($176M MX).

Total income reached $615M MX in 2019, being the states with the highest income Sonora ($262M MX) and Sinaloa ($177M 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 section

According to dato from Economic Census 2014, Ship and Boat Building had a total of 27 economic units and the municipalities with the highest number of economic units were Ensenada (9), Carmen (9), and Puerto Peñasco (9)

Total income eached $57.1M MX and the municipalities with the highest income were Puerto Peñasco ($48.3M MX), Ensenada ($8.43M MX), and Carmen ($432k MX).

Total expenditures were $30.2M MX and the municipalities with the highest expenditures were Puerto Peñasco ($22.7M MX), Ensenada ($6.91M MX), and Carmen ($597k MX).

On the other hand, in 2014 there were 129 employees dependent on economic units and the municipalities with the highest number of employees were Puerto Peñasco (69), Carmen (42), and Ensenada (18).

* 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 section

The visualization shows the number of economic units in Ship and Boat Building 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).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section

  • US$0, FDI Jan-Jun 2024
  • US$91.8M, FDI Jan-1999 to Jun-2024

In the period january to june 2024, no FDI was registered in Ship and Boat Building.

Since January 1999 to June 2024, the accumulated amount of FDI in Ship and Boat Building was US$91.8M, distributed in equity Capital (US$61.7M), reinvestment of earnings (US$19.1M), and inter-company debts (US$11M).

* Confidential data is not shown in the chart (see information icon in the section).

Foreign Direct Investment (FDI) by State

#permalink to section

Period Jan-Jun 2024: US$0

Period Jan-1999 to Jun-2024: US$55.1M, Tamaulipas 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 Tamaulipas (US$55.1M), Mexico City (US$25.7M), and Veracruz de Ignacio de la Llave (US$7.24M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

#permalink to section

Periodo Jan-Jun 2024: ---, US$0

Main investing country between Jan-1999 and Jun-2024: France, US$55.1M

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).

* Information download does not contain confidential data.

Specialization and Opportunity

#permalink to section

The states with the highest degree of development opportunity in Ship and Boat Building according to Relatedness were Chihuahua (0.73), Coahuila de Zaragoza (0.68), and Querétaro (0.6). 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).