Alumina and Aluminum Production and Processing
Industry Group (3313)
2024-Q4: $6.79T MX, Gross Domestic Product
Jan-Dec 2024: US$15.8M, Foreign Direct Investment
In the fourth quarter of 2024 the gross domestic product was $6.79T MX, 0.62% less than the previous quarter.
For its part, total income reached $43.5B MX in 2019, being the states with the highest income Nuevo León ($17.9B MX) and Estado de México ($10.2B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Alumina and Aluminum Production and Processing the states with the highest affinity were Nuevo León (0.76), Querétaro (0.72), Chihuahua (0.69), Jalisco (0.67), and Coahuila de Zaragoza (0.66).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q4: $6.79T MX
Gross Domestic Product 2024: $6.66T MX
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In the fourth quarter of 2024, Manufacturing recorded a gross domestic product of $6.79T MX, evidencing a drop of 0.62% compared to the previous quarter and an increase of 6.7% compared to the same period of the previous year.
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Production Indicators by State
#permalink to sectionTotal income reached $43.5B MX in 2019, being the states with the highest income Nuevo León ($17.9B MX) and Estado de México ($10.2B MX).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Alumina and Aluminum Production and Processing according to the number of employees.
According to DENUE data published in N/A, N/A companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, N/A companies with 11 to 50 employees were registered (equal number of companies as the previous period).
N/A companies with 51 to 100 employees were registered in N/A (equal number of companies as the previous period). Likewise, N/A 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$15.8M, FDI Jan-Dec 2024
- US$428M, FDI Jan-1999 to Dec-2024
In the period January to December 2024, FDI from Alumina and Aluminum Production and Processing was US$15.8M, distributed in inter-company debts (US$12M), reinvestment of earnings (US$3.73M), and equity Capital (Confidential).
Since January 1999 to December 2024, the accumulated amount of FDI in Alumina and Aluminum Production and Processing was US$428M, distributed in equity Capital (US$250M), inter-company debts (US$144M), and reinvestment of earnings (US$33.7M).
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Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Dec 2024: US$0
Period Jan-1999 to Dec-2024: US$268M, Guanajuato 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 Guanajuato (US$268M), Querétaro (US$35.8M), and Tamaulipas (US$34.7M).
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Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Dec 2024: ---, US$0
Main investing country between Jan-1999 and Dec-2024: Japan, US$249M
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 Japan (Confidential), Canada (Confidential), and United States (US$3.26M).
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Specialization and Opportunity
#permalink to sectionThe states with the highest degree of development opportunity in Alumina and Aluminum Production and Processing according to Relatedness were Baja California (0.63), Ciudad de México (0.59), and Sonora (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).