Wholesale of Groceries and Food
Industry Group (4311)
2024-Q2: $3.31T MX, Gross Domestic Product
DENUE May 2025: 22,775, Economic units
Jan-Sep 2024: US$65.8M, 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 DENUE 2025, Wholesale of Groceries and Food registered 22,775 economic units. The states with the highest number of economic units were Ciudad de México (2,312), Jalisco (2,059), and Estado de México (1,905).
According to data from the Economic Census 2019, total gross production was $245B MX. The states with the highest total gross production were Ciudad de México ($29.3B MX) and Estado de México ($23B MX).
For its part, total income reached $783B MX in 2019, being the states with the highest income Ciudad de México ($102B MX) and Estado de México ($81.9B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Wholesale of Groceries and Food the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.75), Sonora (0.71), 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, 21,859 economic units were totaled in Wholesale of Groceries and Food, highlighting Ciudad de México (2,726), Jalisco (2,105), and Estado de México (1,868).
Total gross production was $245B MX. The states with the highest total gross production were Ciudad de México ($29.3B MX) and Estado de México ($23B MX).
Total income reached $783B MX in 2019, being the states with the highest income Ciudad de México ($102B MX) and Estado de México ($81.9B 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 Groceries and Food had a total of 49,833 economic units and the municipalities with the highest number of economic units were Iztapalapa (6.11k), Guadalajara (3.39k), and San Nicolás de los Garza (1.22k)
Total income eached $1.98T MX and the municipalities with the highest income were Iztapalapa ($121B MX), Guadalajara ($79.3B MX), and Hermosillo ($56.7B MX).
Total expenditures were $1.75T MX and the municipalities with the highest expenditures were Iztapalapa ($116B MX), Guadalajara ($69.6B MX), and Hermosillo ($51.8B MX).
On the other hand, in 2014 there were 649221 employees dependent on economic units and the municipalities with the highest number of employees were Iztapalapa (48.1k), Guadalajara (31.3k), and San Nicolás de los Garza (14.6k).
* 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 Groceries and Food according to the number of employees.
According to DENUE data published in May 2025, 16,435 companies with 0 to 10 employees were registered (16,435 companies more than the previous period). In the same period, 4,181 companies with 11 to 50 employees were registered (4,181 companies more than the previous period).
955 companies with 51 to 100 employees were registered in 2025 (955 companies more than the previous period). Likewise, 1,204 companies with more than 101 employees were registered (1,204 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
Investment
#permalink to sectionForeign Direct Investment (FDI)
#permalink to section- US$65.8M, FDI Jan-Sep 2024
- US$3.04B, FDI Jan-1999 to Sep-2024
In the period January to September 2024, FDI from Wholesale of Groceries and Food was US$65.8M, distributed in reinvestment of earnings (US$68.3M), equity Capital (US$19.9k), and inter-company debts (-US$2.56M).
Since January 1999 to September 2024, the accumulated amount of FDI in Wholesale of Groceries and Food was US$3.04B, distributed in inter-company debts (US$1.59B), equity Capital (US$930M), and reinvestment of earnings (US$519M).
* Confidential data is not shown in the chart (see information icon in the section).
Foreign Direct Investment (FDI) by State
#permalink to sectionPeriod Jan-Sep 2024: US$0
Period Jan-1999 to Sep-2024: US$1.1B, Mexico City is the main receiving state
No FDI is recorded in the period January to September, 2024
Historically (from January 1999 to September2024) the states that have received the highest FDI are Mexico City (US$1.1B), Baja California Sur (US$247M), and Aguascalientes (US$215M).
* Information download does not contain confidential data.
Foreign Direct Investment (FDI) Origin
#permalink to sectionPeriodo Jan-Sep 2024: ---, US$0
Main investing country between Jan-1999 and Sep-2024: United States, US$1.92B
No FDI is recorded in the period January to September of 2024.
Historically (from January 1999 to September de 2024) the countries that contributed the most to FDI were United States (US$101M), Japan (Confidential), and France (Confidential).
* Information download does not contain confidential data.
Specialization and Opportunity
#permalink to sectionAs of May 2021, the states with the highest degree of specialization in Wholesale of Groceries and Food were Sinaloa (1.54), Nuevo León (1.51), and Ciudad de México (1.42). 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 Wholesale of Groceries and Food according to Relatedness were Coahuila de Zaragoza (0.7), Tamaulipas (0.49), and Quintana Roo (0.42). 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).