Industry Group (8113)
2024-Q1: $642B MX, Gross Domestic Product
DENUE November 2023: 19,570, Economic units
Jan-Mar 2024: US$0, Foreign Direct Investment
In the first quarter of 2024 the gross domestic product was $642B MX, 1.74% more than the previous quarter.
According DENUE 2023, Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance registered 19,570 economic units. The states with the highest number of economic units were Estado de México (1,864), Jalisco (1,560), and Ciudad de México (1,240).
According to data from the Economic Census 2019, total gross production was $52.5B MX. The states with the highest total gross production were Nuevo León ($6.6B MX) and Ciudad de México ($6.33B MX).
For its part, total income reached $53.1B MX in 2019, being the states with the highest income Nuevo León ($6.6B MX) and Ciudad de México ($6.42B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance the states with the highest affinity were Chihuahua (0.75), Nuevo León (0.74), Sonora (0.73), Coahuila de Zaragoza (0.73), and Baja California (0.69).
Gross domestic product 2024-Q1: $642B MX
Gross Domestic Product 2023: $603B MX
* Data displayed corresponds to the sector Other Services (Except Public Administration) since the information at lower levels of disaggregation is not available.
In the first quarter of 2024, Other Services (Except Public Administration) recorded a gross domestic product of $642B MX, evidencing an increase of 1.74% compared to the previous quarter and an increase of 9.37% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
According to data from the Economic Census 2019, 18,629 economic units were totaled in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance, highlighting Estado de México (1,780), Jalisco (1,505), and Ciudad de México (1,207).
Total gross production was $52.5B MX. The states with the highest total gross production were Nuevo León ($6.6B MX) and Ciudad de México ($6.33B MX).
Total income reached $53.1B MX in 2019, being the states with the highest income Nuevo León ($6.6B MX) and Ciudad de México ($6.42B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance had a total of 44,817 economic units and the municipalities with the highest number of economic units were Guadalajara (1.53k), Monterrey (1.27k), and León (966)
Total income eached $76.2B MX and the municipalities with the highest income were Carmen ($5.83B MX), Benito Juárez ($3.76B MX), and Miguel Hidalgo ($3.45B MX).
Total expenditures were $45.4B MX and the municipalities with the highest expenditures were Carmen ($3.77B MX), Benito Juárez ($3.33B MX), and Miguel Hidalgo ($2.49B MX).
On the other hand, in 2014 there were 211410 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (8.49k), Guadalajara (6.51k), and Saltillo (5.99k).
* 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.
The visualization shows the number of economic units in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance according to the number of employees.
According to DENUE data published in November 2023, 17,942 companies with 0 to 10 employees were registered (44 companies more than the previous period). In the same period, 1,402 companies with 11 to 50 employees were registered (48 companies more than the previous period).
125 companies with 51 to 100 employees were registered in 2023 (2 companies more than the previous period). Likewise, 101 companies with more than 101 employees were registered (5 companies less than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period january to march 2024, no FDI was registered in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance.
Since January 1999 to March 2024, the accumulated amount of FDI in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance was US$337M, distributed in equity Capital (US$250M), inter-company debts (US$57.5M), and reinvestment of earnings (US$29.5M).
* Confidential data is not shown in the chart (see information icon in the section).
Period Jan-Mar 2024: US$0
Period Jan-1999 to Mar-2024: US$104M, Tamaulipas is the main receiving state
No FDI is recorded in the period January to March, 2024
Historically (from January 1999 to March2024) the states that have received the highest FDI are Tamaulipas (US$104M), Mexico City (US$79.7M), and Tabasco (US$69.5M).
* Information download does not contain confidential data.
Periodo Jan-Mar 2024: ---, US$0
Main investing country between Jan-1999 and Mar-2024: United States, US$288M
No FDI is recorded in the period January to March of 2024.
Historically (from January 1999 to March de 2024) the countries that contributed the most to FDI were Spain (Confidential), Canada (Confidential), and United States (Confidential).
* Information download does not contain confidential data.
As of May 2021, the states with the highest degree of specialization in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance were Coahuila de Zaragoza (1.91), Nuevo León (1.8), and Sonora (1.71). The degree of specialization is measured using the RCA index, which represents the ratio between the observed and expected establishments of each state for each industry.
The states with the highest degree of development opportunity in Commercial and Industrial Machinery and Equipment (Except Automotive and Electronic) Repair and Maintenance according to Relatedness were Ciudad de México (0.54), Quintana Roo (0.43), and Yucatán (0.39). 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).