Retail Trade of Furniture for Home and other Household Goods
Industry Group (4661)
2024-Q4: $3.37T MX, Gross Domestic Product
DENUE N/A: 43,730, Economic units
Jan-Dec 2024: -US$1.58M, Foreign Direct Investment
In the fourth quarter of 2024 the gross domestic product was $3.37T MX, N/A% N/A the previous quarter.
According DENUE N/A, Retail Trade of Furniture for Home and other Household Goods registered 43,730 economic units. The states with the highest number of economic units were Estado de México (6,431), Jalisco (4,006), and Ciudad de México (3,691).
According to data from the Economic Census 2019, total gross production was $78.5B MX. The states with the highest total gross production were Ciudad de México ($10.5B MX) and Estado de México ($9.98B MX).
For its part, total income reached $180B MX in 2019, being the states with the highest income Ciudad de México ($25.5B MX) and Estado de México ($24.3B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Furniture for Home and other Household Goods the states with the highest affinity were Nuevo León (0.73), Querétaro (0.71), Chihuahua (0.69), Coahuila de Zaragoza (0.65), and Jalisco (0.64).
Production
#permalink to sectionGross Domestic Product
#permalink to sectionGross domestic product 2024-Q4: $3.37T MX
Gross Domestic Product 2024: $3.21T MX
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In the fourth quarter of 2024, Retail Trade recorded a gross domestic product of $3.37T MX, 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 sectionAccording to data from the Economic Census 2019, 37,238 economic units were totaled in Retail Trade of Furniture for Home and other Household Goods, highlighting Estado de México (5,079), Ciudad de México (3,680), and Jalisco (3,504).
Total gross production was $78.5B MX. The states with the highest total gross production were Ciudad de México ($10.5B MX) and Estado de México ($9.98B MX).
Total income reached $180B MX in 2019, being the states with the highest income Ciudad de México ($25.5B MX) and Estado de México ($24.3B MX).
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Economic Units
#permalink to sectionThe visualization shows the number of economic units in Retail Trade of Furniture for Home and other Household Goods 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$1.58M, FDI Jan-Dec 2024
- US$518M, FDI Jan-1999 to Dec-2024
In the period January to December 2024, FDI from Retail Trade of Furniture for Home and other Household Goods was -US$1.58M, distributed in reinvestment of earnings (Confidential), equity Capital (Confidential), and inter-company debts (Confidential).
Since January 1999 to December 2024, the accumulated amount of FDI in Retail Trade of Furniture for Home and other Household Goods was US$518M, distributed in equity Capital (US$516M), reinvestment of earnings (US$4.67M), and inter-company debts (-US$2.23M).
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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$249M, Mexico City 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 Mexico City (US$249M), Jalisco (US$105M), and Estado de México (US$86.3M).
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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: United States, US$480M
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 Brazil (Confidential), Panama (Confidential), and China (Confidential).
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Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Retail Trade of Furniture for Home and other Household Goods were Jalisco (1.37), Michoacán de Ocampo (1.25), and Zacatecas (1.23). 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 Retail Trade of Furniture for Home and other Household Goods according to Relatedness were Coahuila de Zaragoza (0.65), Baja California (0.63), and Sonora (0.6). 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).