Wholesale of Machinery and Equipment for Industry
Industry Group (4352)
2024-Q2: $3.31T MX, Gross Domestic Product
Jan-Jun 2024: -US$392k, Foreign Direct Investment
In the second quarter of 2024 the gross domestic product was $3.31T MX, 1.62% more than the previous quarter.
According to data from the Economic Census 2019, total gross production was $45.3B MX. The states with the highest total gross production were Ciudad de México ($5.98B MX) and Nuevo León ($5.7B MX).
For its part, total income reached $134B MX in 2019, being the states with the highest income Nuevo León ($17.5B MX) and Ciudad de México ($15.9B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Wholesale of Machinery and Equipment for Industry the states with the highest affinity were Nuevo León (0.8), Chihuahua (0.73), Querétaro (0.73), Coahuila de Zaragoza (0.7), and Baja California (0.69).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q2: $3.31T MX
Gross Domestic Product 2023: $3.17T MX
* Data displayed corresponds to the sector Wholesale Trade since the information at lower levels of disaggregation is not available.
In the second quarter of 2024, Wholesale Trade recorded a gross domestic product of $3.31T MX, evidencing an increase of 1.62% compared to the previous quarter and an increase of 8.16% 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, 3,621 economic units were totaled in Wholesale of Machinery and Equipment for Industry, highlighting Ciudad de México (379), Nuevo León (351), and Jalisco (330).
Total gross production was $45.3B MX. The states with the highest total gross production were Ciudad de México ($5.98B MX) and Nuevo León ($5.7B MX).
Total income reached $134B MX in 2019, being the states with the highest income Nuevo León ($17.5B MX) and Ciudad de México ($15.9B 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, Wholesale of Machinery and Equipment for Industry had a total of 7,095 economic units and the municipalities with the highest number of economic units were Guadalajara (492), León (465), and Monterrey (438)
Total income eached $147B MX and the municipalities with the highest income were Monterrey ($9.58B MX), San Pedro Tlaquepaque ($7.22B MX), and Hermosillo ($6.43B MX).
Total expenditures were $119B MX and the municipalities with the highest expenditures were Monterrey ($7.83B MX), San Pedro Tlaquepaque ($6.58B MX), and Miguel Hidalgo ($5.78B MX).
On the other hand, in 2014 there were 67365 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (5.04k), Guadalajara (3.74k), and Cuauhtémoc (3.51k).
* 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 Wholesale of Machinery and Equipment for Industry 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)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- -US$392k, FDI Jan-Jun 2024
- US$898M, FDI Jan-1999 to Jun-2024
In the period January to June 2024, FDI from Wholesale of Machinery and Equipment for Industry was -US$392k, distributed in reinvestment of earnings (US$8.58M), equity Capital (US$0), and inter-company debts (-US$8.97M).
Since January 1999 to June 2024, the accumulated amount of FDI in Wholesale of Machinery and Equipment for Industry was US$898M, distributed in equity Capital (US$383M), reinvestment of earnings (US$307M), and inter-company debts (US$208M).
* 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$282M, Estado de México 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 Estado de México (US$282M), Mexico City (US$266M), and Nuevo León (US$125M).
* 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$519M
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 (US$7.45M) and Germany (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Wholesale of Machinery and Equipment for Industry according to Relatedness were Sinaloa (0.52), Baja California Sur (0.48), and Colima (0.47). 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).