Retail Trade of Spare Parts for Cars and Trucks

Industry Group (4682)

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

DENUE-2020: 109,680, Economic units

Jan-Dec 2020: US$4.91M, Foreign Direct Investment

2020-Q4 : $2.52k MX, Average Monthly Salary

2020-Q4 : 31.3k, Workforce

2020-Q4 : 12.7%, Female Workforce

2020-Q4: 41.7, 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 Spare Parts for Cars and Trucks the states with the highest number of economic units were Estado de México (6,516), Ciudad de México (5,318), and Jalisco (4,289). In the same period, the states with the highest added value were Ciudad de México ($6.47B MX), Jalisco ($6.22B MX), and Nuevo León ($5.73B MX).

In Retail Trade of Spare Parts for Cars and Trucks the states with the highest production were Ciudad de México ($8.9B MX), Jalisco ($8.46B MX), and Nuevo León ($7.89B MX). In the same period, an income were registered and distributed mainly in Jalisco ($21.8B MX), Ciudad de México ($21.3B MX), and Nuevo León ($19.3B MX).

In 2019, in Retail Trade of Spare Parts for Cars and Trucks the states with the highest level of investment in the same period were Tamaulipas ($265M MX), Sonora ($234M MX), and Ciudad de México ($228M MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Spare Parts for Cars and Trucks the states with the highest affinity were Chihuahua (0.76), Nuevo León (0.75), Sonora (0.73), Coahuila de Zaragoza (0.73), and Baja California (0.71).

During the fourth quarter of 2020 in Retail Trade of Spare Parts for Cars and Trucks the workforce was 31.3k, 87.3% men and 12.7% women. In addition, the average monthly salary informed was $2.64k MX for men and $1.74k MX for women.

During the same period, occupations with the highest number of workers in Retail Trade of Spare Parts for Cars and Trucks were Peddlers of Various Items (Excluding Food Sales), Aides Drivers Motorized Land Transport, and Packers Objects and Goods and the states with the largest workforce were Estado de México, Veracruz de Ignacio de la Llave, and Ciudad de México.

The average age of workers in Retail Trade of Spare Parts for Cars and Trucks in the fourth quarter of 2020 was 38.2 years in women and 42.2 years in men. In the same period, the average years of schooling in Retail Trade of Spare Parts for Cars and Trucks, was 7.33 years in women and 8.06 years in men.

Salaries and Workforce

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Average Monthly Salary 2020-Q4: $2.52k MX

Working population 2020-Q4: 31.3k

In the fourth quarter of 2020, the workforce in Retail Trade of Spare Parts for Cars and Trucks it was of 31.3k, 87.3% men with a reported average monthly salary of $2.64k MX and 12.7% women with a salary of $1.74k MX.

Of the total employed population, 0.13% of the total workforce were formal workers with an average monthly salary of $15k MX, while he 99.9% corresponds to informal workers with an average salary of $2.51k 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 Peddlers of Various Items (Excluding Food Sales), Aides Drivers Motorized Land Transport, and Packers Objects and Goods.

At the state level, the workforce of Retail Trade of Spare Parts for Cars and Trucks was concentrated on Estado de México, Veracruz de Ignacio de la Llave, and Ciudad de México.

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 (6,516), Ciudad de México (5,318), and Jalisco (4,289) in Retail Trade of Spare Parts for Cars and Trucks. In addition, the states with the highest total gross production were Ciudad de México ($8.9B MX), Jalisco ($8.46B MX), and Nuevo León ($7.89B MX).

In the same period, total income was $224B MX and the states with the highest income were Jalisco ($21.8B MX), Ciudad de México ($21.3B MX), and Nuevo León ($19.3B MX). Total investment was $1.14k MX and the states with the highest investment were N/A. Lastly, Retail Trade of Spare Parts for Cars and Trucks registered $67.4B MX of gross census value added and the states with the highest census gross value added were Ciudad de México ($6.47B MX), Jalisco ($6.22B MX), and Nuevo León ($5.73B 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 Spare Parts for Cars and Trucks had a total of 47,732 economic units and the municipalities with the highest number of economic units were Guadalajara (1.54k), Cuauhtémoc (1.23k), and Iztapalapa (1.18k), also pesoMX 115821716159.82056 in total income were registered and municipalities with the highest income were Guadalajara ($5.49B MX), San Luis Potosí ($3.9B MX), and Puebla ($3.84B MX).

In the same period, Retail Trade of Spare Parts for Cars and Trucks had $100B MX in total expenditures and the municipalities with the highest expenditures were Guadalajara ($4.9B MX), Puebla ($3.55B MX), and San Luis Potosí ($3.48B MX). On the other hand, in 2014 there were 153718 employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (7.82k), Monterrey (4.32k), and Cuauhtémoc (3.91k).

* 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, 104,110 companies with 0-10 employees were registered, evidencing an increase of 2.66% (101,409) compared to the previous year. In the same period, 5,101 companies with 11-50 employees, evidencing a drop of 3.3% (5,275) compared to the previous year.

In 2020, 308 companies with 51-100 employees were registered, evidencing an increase of 9.61% (281) compared to the previous year. In the same period, 161 companies with more than 101 employees were registered, evidencing a drop of 4.73% (169) compared to the previous year.

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • US$4.91M, FDI Jan-Dec 2020
  • US$842M, FDI Jan-1999 to Dec-2020

In the period January to December 2020, Foreign Direct Investment from Retail Trade of Spare Parts for Cars and Trucks was US$4.91M, distributed in reinvestment of earnings (Confidential), equity Capital (Confidential), and inter-company debts (-US$5.58M).

Since January 1999 to December 2020, the accumulated amount of Foreign Direct Investment in Retail Trade of Spare Parts for Cars and Trucks was US$842M, distributed in inter-company debts (US$295M), equity Capital (US$281M), and reinvestment of earnings (US$266M).

* 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, Guanajuato is the main receiving state

Period Jan-1999 to Dec-2020: US$147M, Coahuila de Zaragoza is the main receiving state

From January to December 2020, the states that received the highest Foreign Direct Investment for Retail Trade of Spare Parts for Cars and Trucks were Guanajuato (Confidential), Coahuila de Zaragoza (Confidential), and Quintana Roo (Confidential).

Historically (from January 1999 to December2020) the states that have received the highest Foreign Direct Investment are Coahuila de Zaragoza (US$147M), Guanajuato (US$131M), and San Luis Potosí (US$77.8M).

Foreign Direct Investment (FDI) Origin

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Main investing country between Jan-Dec 2020: Japan, US$21.6M

Main investing country between Jan-1999 and Dec-2020: United States, US$470M

During January to December de 2020, the main countries of origin of Foreign Direct investment for Retail Trade of Spare Parts for Cars and Trucks were Japan (US$21.6M), Canada (Confidential), and Spain (Confidential).

Historically (from January 1999 to December de 2020) the countries that contributed the most to Foreign Direct Investment were Japan (US$21.6M), Canada (Confidential), and Spain (Confidential).

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 Spare Parts for Cars and Trucks were Chihuahua (1.53), Baja California (1.42), and Tamaulipas (1.36). 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 Spare Parts for Cars and Trucks according to Relatedness were San Luis Potosí (0.55), Campeche (0.44), 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).

Workforce by Schooling Years, Age Range and Gender

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Average Age 2020-Q4: 41.7

Average Years of Schooling 2020-Q4: 7.96

The visualization shows the workforce of Retail Trade of Spare Parts for Cars and Trucks by age group and years of schooling, comparing men and women.

In fourth quarter of 2020 in Retail Trade of Spare Parts for Cars and Trucks, women averaged 38.2 years and 42.2 years for men.

During the same period, the average number of years of schooling in women was 7.33 years and in men 8.06 years.

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