Warehousing and Storage
Industry Group (4931)
2024-Q2: $2.57T MX, Gross Domestic Product
DENUE May 2024: 1,340, Economic units
Jan-Jun 2024: Confidential, 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, Warehousing and Storage registered 1,340 economic units. The states with the highest number of economic units were Jalisco (173), Ciudad de México (125), and Nuevo León (115).
According to data from the Economic Census 2019, total gross production was $20.7B MX. The states with the highest total gross production were Estado de México ($3.63B MX) and Jalisco ($2.56B MX).
For its part, total income reached $21.3B MX in 2019, being the states with the highest income Estado de México ($3.69B MX) and Jalisco ($2.64B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Warehousing and Storage the states with the highest affinity were Nuevo León (0.75), Chihuahua (0.75), Sonora (0.72), Baja California (0.69), and Coahuila de Zaragoza (0.69).
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, 942 economic units were totaled in Warehousing and Storage, highlighting Jalisco (144), Tamaulipas (89), and Ciudad de México (75).
Total gross production was $20.7B MX. The states with the highest total gross production were Estado de México ($3.63B MX) and Jalisco ($2.56B MX).
Total income reached $21.3B MX in 2019, being the states with the highest income Estado de México ($3.69B MX) and Jalisco ($2.64B 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, Warehousing and Storage had a total of 2,181 economic units and the municipalities with the highest number of economic units were Guadalajara (285), Venustiano Carranza (240), and Cuauhtémoc (102)
Total income eached $21.5B MX and the municipalities with the highest income were Cuautitlán Izcalli ($5.67B MX), Venustiano Carranza ($3.54B MX), and Tultitlán ($1.59B MX).
Total expenditures were $15.1B MX and the municipalities with the highest expenditures were Cuautitlán Izcalli ($4.46B MX), Venustiano Carranza ($1.65B MX), and Tultitlán ($1.25B MX).
On the other hand, in 2014 there were 30411 employees dependent on economic units and the municipalities with the highest number of employees were Cuautitlán Izcalli (6.05k), Hermosillo (2.59k), and Venustiano Carranza (2.56k).
* 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 Warehousing and Storage according to the number of employees.
According to DENUE data published in May 2024, 754 companies with 0 to 10 employees were registered (88 companies less than the previous period). In the same period, 416 companies with 11 to 50 employees were registered (17 companies less than the previous period).
95 companies with 51 to 100 employees were registered in 2024 (5 companies less than the previous period). Likewise, 75 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- Confidential, FDI Jan-Jun 2024
- US$38.5M, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Warehousing and Storage was Confidential, distributed in inter-company debts (US$0), reinvestment of earnings (US$0), and equity Capital (Confidential).
Since January 1999 to June 2024, the accumulated amount of FDI in Warehousing and Storage was US$38.5M, distributed in equity Capital (US$24.3M), inter-company debts (US$12.1M), and reinvestment of earnings (Confidential).
* 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$14.8M, Nuevo León 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 Nuevo León (US$14.8M), Jalisco (US$9.59M), and Baja California (US$6.49M).
* 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: United States, US$15.6M
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 United States (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Warehousing and Storage according to Relatedness were Coahuila de Zaragoza (0.69), Querétaro (0.64), and Aguascalientes (0.56). 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).