Support Activities for Agriculture and Forestry
Subsector (115)
2024-Q4: $1.45T MX, Gross Domestic Product
DENUE November 2024: 1,657, Economic units
Jan-Dec 2024: US$210M, Foreign Direct Investment
In the fourth quarter of 2024 the gross domestic product was $1.45T MX, 19.6% more than the previous quarter.
According DENUE 2024, Support Activities for Agriculture and Forestry registered 1,657 economic units. The states with the highest number of economic units were Yucatán (245), Puebla (182), and Michoacán de Ocampo (145).
According to data from the Economic Census 2019, total gross production was $10.1B MX. The states with the highest total gross production were Sonora ($3.27B MX) and Chihuahua ($1.4B MX).
For its part, total income reached $10.4B MX in 2019, being the states with the highest income Sonora ($3.41B MX) and Chihuahua ($1.45B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Support Activities for Agriculture and Forestry the states with the highest affinity were Sonora (0.83), Chihuahua (0.77), Sinaloa (0.72), Colima (0.7), and Nuevo León (0.7).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q4: $1.45T MX
Gross Domestic Product 2024: $1.28T MX
* Data displayed corresponds to the sector Agriculture, Animal Production, Forestry, Fishing and Hunting since the information at lower levels of disaggregation is not available.
In the fourth quarter of 2024, Agriculture, Animal Production, Forestry, Fishing and Hunting recorded a gross domestic product of $1.45T MX, evidencing an increase of 19.6% compared to the previous quarter and an increase of 1.76% 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, 1,079 economic units were totaled in Support Activities for Agriculture and Forestry, highlighting Yucatán (219), Sonora (83), and Michoacán de Ocampo (80).
Total gross production was $10.1B MX. The states with the highest total gross production were Sonora ($3.27B MX) and Chihuahua ($1.4B MX).
Total income reached $10.4B MX in 2019, being the states with the highest income Sonora ($3.41B MX) and Chihuahua ($1.45B 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, Support Activities for Agriculture and Forestry had a total of 1,557 economic units and the municipalities with the highest number of economic units were Akil (618), Cajeme (120), and Ahome (114)
Total income eached $1.96B MX and the municipalities with the highest income were Torreón ($353M MX), Ahome ($218M MX), and Saltillo ($174M MX).
Total expenditures were $4.09B MX and the municipalities with the highest expenditures were La Paz ($2.91B MX), Torreón ($195M MX), and Saltillo ($152M MX).
On the other hand, in 2014 there were 9894 employees dependent on economic units and the municipalities with the highest number of employees were Akil (1.47k), Ahome (1.11k), and Ensenada (762).
* 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 Support Activities for Agriculture and Forestry according to the number of employees.
According to DENUE data published in November 2024, 1,312 companies with 0 to 10 employees were registered (484 companies less than the previous period). In the same period, 263 companies with 11 to 50 employees were registered (175 companies less than the previous period).
41 companies with 51 to 100 employees were registered in 2024 (45 companies less than the previous period). Likewise, 41 companies with more than 101 employees were registered (53 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$210M, FDI Jan-Dec 2024
- US$568M, FDI Jan-1999 to Dec-2024
In the period January to December 2024, FDI from Support Activities for Agriculture and Forestry was US$210M, distributed in inter-company debts (US$105M), reinvestment of earnings (US$105M), and equity Capital (-US$4.77k).
Since January 1999 to December 2024, the accumulated amount of FDI in Support Activities for Agriculture and Forestry was US$568M, distributed in reinvestment of earnings (US$397M), equity Capital (US$165M), and inter-company debts (US$5.36M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Dec 2024: US$0
Period Jan-1999 to Dec-2024: US$262M, Sinaloa is the main receiving state
No FDI is recorded in the period January to December, 2024
Historically (from January 1999 to December2024) the states that have received the highest FDI are Sinaloa (US$262M), Mexico City (US$72.7M), and Nayarit (US$71.9M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Dec 2024: ---, US$0
Main investing country between Jan-1999 and Dec-2024: United States, US$502M
No FDI is recorded in the period January to December of 2024.
Historically (from January 1999 to December de 2024) the countries that contributed the most to FDI were United States (US$189M), Canada (Confidential), and Netherlands (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Support Activities for Agriculture and Forestry according to Relatedness were Nuevo León (0.7), Querétaro (0.65), and Tamaulipas (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).
Financing
#permalink to sectionAccess to Financing
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 7.19% units with up to 10 people, 27.9% units with 11 to 50 people, 38.3% units with 51 to 250 people, and 46.7% units with 251 and more people.
According to the age of the economic units, the distribution of those that obtained financing was 8.27% of the recently created (up to 2 years) units, 12.6% of the youth (3 to 5 years) units, 13% of the adults (6 to 10 years) units, and 14.7% of the seniors (over 10 years) units.
The states with the highest percentage of economic units that received financing were Chihuahua (41.7%), Nayarit (40%), Nuevo León (27.3%), Coahuila de Zaragoza (25%), and Durango (23.1%).
Sources and Uses of Financing
#permalink to sectionThe 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.
Access to Bank Account and Credit
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units that had a bank account was 25.6% units with up to 10 people, 62.9% units with 11 to 50 people, 81.7% units with 51 to 250 people, and 93.3% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were Quintana Roo (85.7%), Tamaulipas (81.3%), Querétaro (80%), Chihuahua (69.4%), and Nuevo León (68.2%).
The same information can be viewed for the economic units that had bank credit by changing the option selected in the upper button.
Reasons for not Having Credit or Bank Account
#permalink to sectionThe 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.
Information Technologies
#permalink to sectionInternet Usage by State
#permalink to sectionThe visualization shows the percentage distribution of the economic units in the Support Activities for Agriculture and Forestry 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 Campeche (100%), Quintana Roo (85.7%), Chihuahua (72.2%), Querétaro (70%), and Ciudad de México (69.2%).
Availability of Internet Service and Computing
#permalink to sectionThe 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 Support Activities for Agriculture and Forestry subsector had 32.9% of economic units that had internet services and 48.5% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.
Internet Use in Companies
#permalink to sectionThe 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 251 and more people that use the internet in search information for goods or services (92.9%) stand out in percentage terms.
According to the age of the company, youth (3 to 5 years) economic units that use the internet for business management (91%) stand out.
Business Management
#permalink to sectionInternet Purchases and Sales
#permalink to sectionThe 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 $1.96B MX and purchases were $910M MX. On the other hand, sales made in monetary transactions were $10.2B MX and purchases reached $4.43B MX.
Problems faced by economic units
#permalink to sectionThe 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 Support Activities for Agriculture and Forestry with up to 10 workers are another problems (36.8%), public insecurity (14.4%), high taxes (13.4%), and high costs of raw materials (11.7%).
Accounting System
#permalink to sectionAccording to data from the Economic Census 2019, the distribution of economic units that had an accounting system was 37.3% units with up to 10 people, 73.6% units with 11 to 50 people, 83.3% units with 51 to 250 people, and 93.3% units with 251 and more people.
The states with the highest percentage of economic units that had an accounting system were Quintana Roo (85.7%), Tamaulipas (81.3%), Querétaro (80%), Chihuahua (77.8%), and Morelos (75%).
Expenditure and Income Control Mechanisms
#permalink to sectionThe 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 (59.1%) in companies with up to 10 people, external accounting system (51%) in companies with 11 to 50 people, internally developed accounting system (44%) in companies with 51 to 250 people, and internally developed accounting system (85.7%) in companies with 251 and more people.
Monetary Transactions
#permalink to sectionThe visualization shows the percentage distribution of the economic units in the Support Activities for Agriculture and Forestry 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 Sonora ($3.27B MX),Chihuahua ($1.39B MX),Michoacán de Ocampo ($1.16B MX),Sinaloa ($1.05B MX),Jalisco ($489M 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.
Science, Innovation and Technology
#permalink to sectionInnovation in Large Companies in Recent Years
#permalink to sectionThe visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Support Activities for Agriculture and Forestry 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 Jalisco (33.3%), Sinaloa (28.6%), Guanajuato (25%), Chihuahua (16.7%), and Michoacán de Ocampo (14.3%).
Innovation Activities in 2018
#permalink to sectionAccording to data from the Economic Census 2019, 10.3% of the large economic units of the private and parastatal sector of Support Activities for Agriculture and Forestry had innovation activities in 2018.
Of the total staff employed in large economic units, 1.18% was employed in product innovation activities, 18.2% in process innovation, 1.13% in market innovation, 1.01% in organizational innovation, and 0.79% in innovation for technological adaptation and documentation.
Qualified staff in Innovation Activities
#permalink to sectionThe visualization shows the distribution of large economic units of the private and parastatal sector of Support Activities for Agriculture and Forestry 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 Support Activities for Agriculture and Forestry Subsector had 9 economic units that had qualified staff in technological research and development activities, 1 economic units had it for research and technological development in the field of Biotechnology and 0 economic units for research and technological development in Nanotechnology.
In the same year, 2 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 0 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.