Mining, Quarrying, and Oil and Gas Extraction
Sector (21)
Jan-Dec 2024: US$1.53B, Foreign Direct Investment
2024-Q3 : $10.4k MX, Average Monthly Salary
2024-Q3 : 309k, Workforce
2024-Q3 : 8.44%, Female Workforce
2024-Q3: 38.7, Average Age
For its part, total income reached $1.33T MX in 2019, being the states with the highest income Campeche ($588B MX) and Tabasco ($298B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Mining, Quarrying, and Oil and Gas Extraction the states with the highest affinity were Baja California Sur (0.87), Sinaloa (0.86), Sonora (0.82), Chihuahua (0.81), and San Luis Potosí (0.8).
During the third quarter of 2024 in Mining, Quarrying, and Oil and Gas Extraction the workforce was 309k people, 91.6% men and 8.44% women. In addition, the average monthly salary informed was $10.4k MX.
At the state level, the occupied population of Mining, Quarrying, and Oil and Gas Extraction was concentrated in List Sonora,Zacatecas,Durango.
The average age of workers in Mining, Quarrying, and Oil and Gas Extraction in the third quarter of 2024 was 38.7 years. In the same period, the average schooling of the workforce of Mining, Quarrying, and Oil and Gas Extraction, was 9.73 years.
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product N/A: N/A
Gross Domestic Product N/A: N/A
In the N/A, Mining, Quarrying, and Oil and Gas Extraction recorded a gross domestic product of N/A, evidencing N/A of N/A% compared to the previous quarter and N/A of N/A% compared to the same period of the previous year.
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Production Indicators by State
#permalink to sectionTotal income reached $1.33T MX in 2019, being the states with the highest income Campeche ($588B MX) and Tabasco ($298B MX).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Mining, Quarrying, and Oil and Gas Extraction 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$1.53B, FDI Jan-Dec 2024
- US$47.4B, FDI Jan-1999 to Dec-2024
In the period January to December 2024, FDI from Mining, Quarrying, and Oil and Gas Extraction was US$1.53B, distributed in inter-company debts (US$790M), reinvestment of earnings (US$743M), and equity Capital (-US$7.39M).
Since January 1999 to December 2024, the accumulated amount of FDI in Mining, Quarrying, and Oil and Gas Extraction was US$47.4B, distributed in reinvestment of earnings (US$19.9B), equity Capital (US$17.7B), and inter-company debts (US$9.81B).
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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$9.47B, Zacatecas 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 Zacatecas (US$9.47B), Sonora (US$5.44B), and Mexico City (US$4.94B).
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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: Canada, US$17B
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$658M), Australia (US$441M), and Canada (US$207M).
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Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Mining, Quarrying, and Oil and Gas Extraction were Puebla (2.8). 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 Mining, Quarrying, and Oil and Gas Extraction according to Relatedness were Quintana Roo (0.73), Nuevo León (0.72), and Tamaulipas (0.71). 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).
Diversity
#permalink to sectionWorkforce by Schooling Years, Age Range and Gender
#permalink to sectionAverage Age 2024-Q3: 38.7
Average Years of Schooling 2024-Q3: 9.73
The visualization shows the workforce of Mining, Quarrying, and Oil and Gas Extraction by age group and years of schooling, comparing men and women.
In the third quarter of 2024 in Mining, Quarrying, and Oil and Gas Extraction the average age for women was 37.1 years and the average schooling was 11.9 years.
The average age of men in the Mining, Quarrying, and Oil and Gas Extraction workforce was 38.9 years, while the average schooling was 9.53 years during third quarter of 2024.
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Staff According to Age of the Companies
#permalink to sectionThe visualization shows the percentage distribution of employed staff according to age range or educational level in economic units of different ages.
According to data from the Economic Census 2019, the economic units of the Mining, Quarrying, and Oil and Gas Extraction sector had N/A people employed, by age range N/A people up to 20 years old were registered, N/A people from 21 to 30 years old, N/A people from 31 to 40 years old and N/A people over 40 years old.
By educational level N/A people without education were registered, N/A people with basic education, N/A people with upper secondary education and N/A people with higher education.
Staff Turnover and Permanence
#permalink to sectionThe visualization shows the percentage distribution of staff turnover and permanence in companies of different sizes and ages, according to the option selected in the upper button.
According to data from the Economic Census 2019, employee turnover is N/A.
Training
#permalink to sectionAccording to data from the Economic Census 2019, the staff distribution who received training according to age range was N/A.
According to the level of instruction, the distribution of trained staff was N/A.
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 N/A.
According to the age of the economic units, the distribution of those that obtained financing was N/A.
The states with the highest percentage of economic units that received financing were N/A.
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 21.4% units with up to 10 people, 83.1% units with 11 to 50 people, 86.4% units with 51 to 250 people, and 97.3% units with 251 and more people.
The states with the highest percentage of economic units that had a bank account were N/A.
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 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 (94.3%) stand out in percentage terms.
According to the age of the company, recently created (up to 2 years) economic units that use the internet for business management (88%) 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 N/A and purchases were N/A. On the other hand, sales made in monetary transactions were N/A and purchases reached N/A.
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 Mining, Quarrying, and Oil and Gas Extraction with up to 10 workers are another problems (17.8%), high taxes (13.2%), public insecurity (12.2%), 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 N/A.
The states with the highest percentage of economic units that had an accounting system were N/A.
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.
Monetary Transactions
#permalink to sectionThe visualization shows the percentage distribution of the economic units in the Mining, Quarrying, and Oil and Gas Extraction sector 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 N/A.
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.
Environment
#permalink to sectionEnvironmental Standard
#permalink to sectionThe visualization shows the percentage of large economic units of the private and parastatal sector that had activities in 2018, according to compliance with the environmental standard.
In 2018, 7.65% of the large economic units complied with the environmental standard, 32.2% did not know if they complied with any environmental standard, and 60.1% did not comply with the environmental standard.
Staff Engaged in Environmental Protection Activities
#permalink to sectionThe visualization shows the percentage distribution of economic units in the private and parastatal sectors of Mining, Quarrying, and Oil and Gas Extraction that had staff in environmental protection activities by state.
According to data from the Economic Census 2019, the states with the highest percentage of large economic units that had staff in environmental protection activities were Aguascalientes (47.4%), Oaxaca (38.9%), Nuevo León (38.1%), Veracruz de Ignacio de la Llave (35%), and Sonora (28.3%).
Environmental Protection Processes
#permalink to sectionAccording to data from the 2019 Economic Census, N/A% of the large economic units in the Mining, Quarrying, and Oil and Gas Extraction sector separated their waste, highlighting the separation of N/A.
On the other hand, N/A% of the large economic units applied some treatment to the wastewater generated in their activity. The main uses of the treated water were N/A.
Expenditure and Investment in Environmental Protection
#permalink to sectionAccording to data from the Economic Census 2019, 6.76% of the large economic units in the Mining, Quarrying, and Oil and Gas Extraction sector made expenditures on environmental protection, highlighting expenditures in hiring of consultants and external services ($152M MX), decrease energy consumption ($113M MX), and reduce emissions to the atmosphere ($66.7M MX).
On the other hand, 2.98% of the large economic units made investment in environmental protection. The main investments were in hiring of consultants and external services ($605M MX), decrease energy consumption ($194M MX), and ecosystem protection activities ($45.5M MX).