Retail Trade of Groceries and Food

Industry Group (4611)

 2020-Q4: $2.58T MX, Gross Domestic Product

DENUE-2020: 1,970,974, Economic units

Jan-Dec 2020: US$19.3M, Foreign Direct Investment

2020-Q4 : $3.49k MX, Average Monthly Salary

2020-Q4 : 2.88M, Workforce

2020-Q4 : 57.2%, Female Workforce

2020-Q4: 41.4, Average Age

In the fourth quarter of 2020 the gross domestic product was $2.58T MX, 22% more than the previous quarter.

In 2019, in Retail Trade of Groceries and Food the states with the highest number of economic units were Estado de México (152,615), Ciudad de México (81,205), and Puebla (67,920). In the same period, the states with the highest added value were Estado de México ($23.8B MX), Ciudad de México ($19.8B MX), and Nuevo León ($16.2B MX).

In Retail Trade of Groceries and Food the states with the highest production were Estado de México ($28.7B MX), Ciudad de México ($24.9B MX), and Jalisco ($21.1B MX). In the same period, an income were registered and distributed mainly in Estado de México ($78.5B MX), Ciudad de México ($68.2B MX), and Jalisco ($59.8B MX).

In 2019, in Retail Trade of Groceries and Food the states with the highest level of investment in the same period were Guanajuato ($581M MX), Estado de México ($293M MX), and Jalisco ($281M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Groceries and Food the states with the highest affinity were Sonora (0.48), San Luis Potosí (0.48), Coahuila de Zaragoza (0.46), Campeche (0.46), and Jalisco (0.46).

During the fourth quarter of 2020 in Retail Trade of Groceries and Food the workforce was 2.88M, 42.8% men and 57.2% women. In addition, the average monthly salary informed was $4.26k MX for men and $2.91k MX for women.

During the same period, occupations with the highest number of workers in Retail Trade of Groceries and Food were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Workers in the Preparation of Meat Products, Fish and Fish Products and the states with the largest workforce were Estado de México, Veracruz de Ignacio de la Llave, and Jalisco.

The average age of workers in Retail Trade of Groceries and Food in the fourth quarter of 2020 was 42.5 years in women and 39.9 years in men. In the same period, the average years of schooling in Retail Trade of Groceries and Food, was 8.7 years in women and 9.53 years in men.

Salaries and Workforce

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Average Monthly Salary 2020-Q4: $3.49k MX

Working population 2020-Q4: 2.88M

In the fourth quarter of 2020, the workforce in Retail Trade of Groceries and Food it was of 2.88M, 42.8% men with a reported average monthly salary of $4.26k MX and 57.2% women with a salary of $2.91k MX.

Of the total employed population, 23% of the total workforce were formal workers with an average monthly salary of $5.13k MX, while he 77% corresponds to informal workers with an average salary of $2.99k MX.

Salaries and Workforce by Occupations and States

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In the fourth quarter of 2020 the occupations with the highest number of workers were Traders in Stores, Sales Employees, Dispatchers and Dependent on Trade, and Workers in the Preparation of Meat Products, Fish and Fish Products.

At the state level, the workforce of Retail Trade of Groceries and Food was concentrated on Estado de México, Veracruz de Ignacio de la Llave, and Jalisco.

Gross Domestic Product

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Gross domestic product 2020-Q4: $2.58T MX

Gross Domestic Product 2020: $8.53T MX

* Data displayed corresponds to the sector Retail Trade since the information at lower levels of disaggregation is not available.

In the fourth quarter of 2020, Retail Trade recorded a gross domestic product of $2.58T MX, evidencing an increase of 22% compared to the previous quarter and an increase of 1.12% 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

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In 2019, the states with the highest number of economic units were Estado de México (152,615), Ciudad de México (81,205), and Puebla (67,920) in Retail Trade of Groceries and Food. In addition, the states with the highest total gross production were Estado de México ($28.7B MX), Ciudad de México ($24.9B MX), and Jalisco ($21.1B MX).

In the same period, total income was $618B MX and the states with the highest income were Estado de México ($78.5B MX), Ciudad de México ($68.2B MX), and Jalisco ($59.8B MX). Total investment was $2.15k MX and the states with the highest investment were N/A. Lastly, Retail Trade of Groceries and Food registered $175B MX of gross census value added and the states with the highest census gross value added were Estado de México ($23.8B MX), Ciudad de México ($19.8B MX), and Nuevo León ($16.2B 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

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In 2014, Retail Trade of Groceries and Food had a total of 893,150 economic units and the municipalities with the highest number of economic units were Iztapalapa (18.9k), Ecatepec de Morelos (16.3k), and Puebla (14.8k), also pesoMX 380538812744.0811 in total income were registered and municipalities with the highest income were Iztapalapa ($12.1B MX), Guadalajara ($11.2B MX), and Ecatepec de Morelos ($6.68B MX).

In the same period, Retail Trade of Groceries and Food had $288B MX in total expenditures and the municipalities with the highest expenditures were Iztapalapa ($9.24B MX), Guadalajara ($8.77B MX), and Ecatepec de Morelos ($4.94B MX). On the other hand, in 2014 there were 1594672 employees dependent on economic units and the municipalities with the highest number of employees were Iztapalapa (34.8k), Guadalajara (28.9k), and Ecatepec de Morelos (27.4k).

* 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 companies according to the number of employees.

In 2020, 1,961,925 companies with 0-10 employees were registered, evidencing an increase of 0.59% (1,950,363) compared to the previous year. In the same period, 8,377 companies with 11-50 employees, evidencing a drop of 4.07% (8,732) compared to the previous year.

In 2020, 365 companies with 51-100 employees were registered, evidencing a drop of 29.9% (521) compared to the previous year. In the same period, 307 companies with more than 101 employees were registered, evidencing a drop of 11.5% (347) compared to the previous year.

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • US$19.3M, FDI Jan-Dec 2020
  • US$280M, FDI Jan-1999 to Dec-2020

In the period January to December 2020, Foreign Direct Investment from Retail Trade of Groceries and Food was US$19.3M, distributed in equity Capital (Confidential), reinvestment of earnings (Confidential), and inter-company debts (Confidential).

Since January 1999 to December 2020, the accumulated amount of Foreign Direct Investment in Retail Trade of Groceries and Food was US$280M, distributed in equity Capital (US$220M), inter-company debts (US$38.8M), and reinvestment of earnings (US$20.6M).

* Some periods have been anonymized so there may be inconsistencies between the graph and the values indicated in the paragraphs.

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Period Jan-Dec 2020: Confidential, Baja California Sur is the main receiving state

Period Jan-1999 to Dec-2020: US$155M, Quintana Roo is the main receiving state

From January to December 2020, the states that received the highest Foreign Direct Investment for Retail Trade of Groceries and Food were Baja California Sur (Confidential), Nuevo León (Confidential), and Mexico City (Confidential).

Historically (from January 1999 to December2020) the states that have received the highest Foreign Direct Investment are Quintana Roo (US$155M), Jalisco (US$49.7M), and Mexico City (US$23.3M).

Foreign Direct Investment (FDI) Origin

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Main investing country between Jan-Dec 2020: United States, US$19.3M

Main investing country between Jan-1999 and Dec-2020: Singapore, US$155M

During January to December de 2020, the main countries of origin of Foreign Direct investment for Retail Trade of Groceries and Food were United States (US$19.3M).

Historically (from January 1999 to December de 2020) the countries that contributed the most to Foreign Direct Investment were United States (US$19.3M).

Diversification Frontier

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The Affinity-Complexity visualization compares the risk and strategic value of a potential industry's opportunities in a territory. Affinity  is a predictor of the probability that a state increases its market size in an industry. Complexity  is associated with higher levels of income, potential for economic growth, lower levels of inequality and lower emissions.

Specialization and Opportunity

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In 2020, the states with the highest degree of specialization in Retail Trade of Groceries and Food were Chiapas (1.36), Estado de México (1.28), and Tlaxcala (1.28). 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.

In 2020, the states with the highest degree of development opportunity in Retail Trade of Groceries and Food according to Relatedness were Sonora (0.48), San Luis Potosí (0.48), and Coahuila de Zaragoza (0.46). 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).

Workforce by Schooling Years, Age Range and Gender

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Average Age 2020-Q4: 41.4

Average Years of Schooling 2020-Q4: 9.05

The visualization shows the workforce of Retail Trade of Groceries and Food by age group and years of schooling, comparing men and women.

In fourth quarter of 2020 in Retail Trade of Groceries and Food, women averaged 42.5 years and 39.9 years for men.

During the same period, the average number of years of schooling in women was 8.7 years and in men 9.53 years.

* The visualization omits the range of schooling "Not Specified".