Retail Trade of Motorcycles and other Motor Vehicles

Industry Group (4683)

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

DENUE-2020: 10,927, Economic units

Jan-Dec 2020: Confidential, Foreign Direct Investment

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 Motorcycles and other Motor Vehicles the states with the highest number of economic units were Estado de México (495), Veracruz de Ignacio de la Llave (409), and Jalisco (392). In the same period, the states with the highest added value were Ciudad de México ($845M MX), Estado de México ($739M MX), and Nuevo León ($687M MX).

In Retail Trade of Motorcycles and other Motor Vehicles the states with the highest production were Ciudad de México ($1.36B MX), Nuevo León ($1.01B MX), and Estado de México ($986M MX). In the same period, an income were registered and distributed mainly in Ciudad de México ($3.84B MX), Estado de México ($2.71B MX), and Nuevo León ($2.29B MX).

In 2019, in Retail Trade of Motorcycles and other Motor Vehicles the states with the highest level of investment in the same period were Veracruz de Ignacio de la Llave ($25.3M MX), Campeche ($12.1M MX), and Chiapas ($11M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Motorcycles and other Motor Vehicles the states with the highest affinity were Sonora (0.65), Chihuahua (0.64), Sinaloa (0.63), Coahuila de Zaragoza (0.62), and Nuevo León (0.61).

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 (495), Veracruz de Ignacio de la Llave (409), and Jalisco (392) in Retail Trade of Motorcycles and other Motor Vehicles. In addition, the states with the highest total gross production were Ciudad de México ($1.36B MX), Nuevo León ($1.01B MX), and Estado de México ($986M MX).

In the same period, total income was $23.6B MX and the states with the highest income were Ciudad de México ($3.84B MX), Estado de México ($2.71B MX), and Nuevo León ($2.29B MX). Total investment was -$9.97 and the states with the highest investment were N/A. Lastly, Retail Trade of Motorcycles and other Motor Vehicles registered $5.27B MX of gross census value added and the states with the highest census gross value added were Ciudad de México ($845M MX), Estado de México ($739M MX), and Nuevo León ($687M 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 Motorcycles and other Motor Vehicles had a total of 2,782 economic units and the municipalities with the highest number of economic units were Mérida (59), Guadalajara (58), and Puebla (39), also pesoMX 11017547958.374023 in total income were registered and municipalities with the highest income were Coyoacán ($2.19B MX), Zapopan ($894M MX), and Guadalajara ($783M MX).

In the same period, Retail Trade of Motorcycles and other Motor Vehicles had $9.84B MX in total expenditures and the municipalities with the highest expenditures were Coyoacán ($2.41B MX), Zapopan ($876M MX), and Guadalajara ($766M MX). On the other hand, in 2014 there were 7663 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (406), Mérida (296), and Guadalajara (281).

* 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, 10,401 companies with 0-10 employees were registered, evidencing an increase of 26.7% (8,206) compared to the previous year. In the same period, 488 companies with 11-50 employees, evidencing an increase of 10.9% (440) compared to the previous year.

In 2020, 22 companies with 51-100 employees were registered, evidencing an increase of 10% (20) compared to the previous year. In the same period, 16 companies with more than 101 employees were registered, evidencing an increase of 6.67% (15) compared to the previous year.

Source National Statistical Directory of Economic Units (DENUE)

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 Motorcycles and other Motor Vehicles were Chiapas (1.47), Veracruz de Ignacio de la Llave (1.43), and Oaxaca (1.38). 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 Motorcycles and other Motor Vehicles according to Relatedness were Sonora (0.65), Chihuahua (0.64), and Coahuila de Zaragoza (0.62). 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).