Industry Group (2122)
2022-Q3: $1.22T MX, Gross Domestic Product
DENUE November 2022: 436, Economic units
Jan-Sep 2022: US$713M, Foreign Direct Investment
2022-Q4 : $10.4k MX, Average Monthly Salary
2022-Q4 : 104k, Workforce
2022-Q4 : 12.2%, Female Workforce
2022-Q4: 37.8, Average Age
In the third quarter of 2022 the gross domestic product was $1.22T MX, 10.5% less than the previous quarter.
According DENUE 2022, Metal Ore Mining registered 436 economic units. The states with the highest number of economic units were Sonora (81), Chihuahua (73), and Zacatecas (60).
According to data from the Economic Census 2019, total gross production was $182B MX. The states with the highest total gross production were Sonora ($108B MX) and Zacatecas ($28.8B MX).
For its part, total income reached $189B MX in 2019, being the states with the highest income Sonora ($114B MX) and Zacatecas ($29.4B MX).
Economic activities are related if they require similar knowledge or inputs. In 2014 in Metal Ore Mining the states with the highest affinity were Chihuahua (0.77), Sonora (0.76), Coahuila de Zaragoza (0.72), Nuevo León (0.7), and Baja California (0.65).
During the fourth quarter of 2022 in Metal Ore Mining the workforce was 104k people, 87.8% men and 12.2% women. In addition, the average monthly salary informed was $10.4k MX.
During the same period, occupations with the highest number of workers in Metal Ore Mining were Machine Operators and Equipment Extraction and Mining and Quarrying, Truck Drivers, Cargo Vans and Cars, and Miners and Workers in Extracting Metal Ore Mining.
At the state level, the occupied population of Metal Ore Mining was concentrated in List Chihuahua,Durango,Hidalgo.
The average age of workers in Metal Ore Mining in the fourth quarter of 2022 was 37.8 years. In the same period, the average schooling of the workforce of Metal Ore Mining, was 10.5 years.
Average Monthly Salary 2022-Q4: $10.4k MX
Working population 2022-Q4: 104k
In the fourth quarter of 2022, the workforce in Metal Ore Mining it was of 104k people, 87.8% men with a reported average monthly salary of $10.2k MX and 12.2% women with a salary of $12k MX.
Of the total employed population, 92.1% of the total workforce were formal workers with an average monthly salary of $10.6k MX, while he 7.94% corresponds to informal workers with an average salary of $7.69k MX.
In the fourth quarter of 2022 the occupations with the highest number of workers were Machine Operators and Equipment Extraction and Mining and Quarrying, Truck Drivers, Cargo Vans and Cars, and Miners and Workers in Extracting Metal Ore Mining.
At the state level, the workforce of Metal Ore Mining was concentrated on Chihuahua, Durango, and Hidalgo.
Gross domestic product 2022-Q3: $1.22T MX
Gross Domestic Product 2021: $1.04T MX
* Data displayed corresponds to the sector Mining, Quarrying, and Oil and Gas Extraction since the information at lower levels of disaggregation is not available.
In the third quarter of 2022, Mining, Quarrying, and Oil and Gas Extraction recorded a gross domestic product of $1.22T MX, evidencing a drop of 10.5% compared to the previous quarter and an increase of 21% compared to the same period of the previous year.
* Current values, at current prices, base year 2013. Excludes taxes on products.
According to data from the Economic Census 2019, 302 economic units were totaled in Metal Ore Mining, highlighting Sonora (57), Chihuahua (46), and Zacatecas (39).
Total gross production was $182B MX. The states with the highest total gross production were Sonora ($108B MX) and Zacatecas ($28.8B MX).
Total income reached $189B MX in 2019, being the states with the highest income Sonora ($114B MX) and Zacatecas ($29.4B MX).
* It is recommended to consider the values as approximations of the real value because some records have been anonymized due to confidentiality principles.
According to dato from Economic Census 2014, Metal Ore Mining had a total of 66 economic units and the municipalities with the highest number of economic units were Manzanillo (12), Hidalgo del Parral (7), and Cuencamé (5)
Total income eached $10.3B MX and the municipalities with the highest income were Santa Bárbara ($2.27B MX), Chalchihuites ($1.91B MX), and Sombrerete ($1.91B MX).
Total expenditures were $4.15B MX and the municipalities with the highest expenditures were Cuencamé ($872M MX), Manzanillo ($696M MX), and Santa Bárbara ($646M MX).
On the other hand, in 2014 there were 4544 employees dependent on economic units and the municipalities with the highest number of employees were Santa Bárbara (1.64k), Cuencamé (960), and Sombrerete (503).
* 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 economic units in Metal Ore Mining according to the number of employees.
According to DENUE data published in November 2022, 182 companies with 0 to 10 employees were registered (3 companies more than the previous period). In the same period, 105 companies with 11 to 50 employees were registered (3 companies more than the previous period).
19 companies with 51 to 100 employees were registered in 2022 (1 companies more than the previous period). Likewise, 130 companies with more than 101 employees were registered (17 companies more than the previous period).
Source National Statistical Directory of Economic Units (DENUE)
In the period January to September 2022, FDI from Metal Ore Mining was US$713M, distributed in equity Capital (US$551M), reinvestment of earnings (US$440M), and inter-company debts (-US$278M).
Since January 1999 to September 2022, the accumulated amount of FDI in Metal Ore Mining was US$28.5B, distributed in reinvestment of earnings (US$14.1B), equity Capital (US$8.83B), and inter-company debts (US$5.56B).
* Confidential data is not shown in the chart (see information icon in the section).
* Due to the confidentiality of the data, the quarterly breakdown by type of investment does not show reinvestment of earnings.
Period Jan-Sep 2022: US$163M, Chihuahua is the main receiving state
Period Jan-1999 to Sep-2022: US$8.97B, Zacatecas is the main receiving state
From January to September 2022, the states that received the highest FDI for Metal Ore Mining were Chihuahua (US$163M), Durango (US$157M), and Guerrero (Confidential).
Historically (from January 1999 to September2022) the states that have received the highest FDI are Zacatecas (US$8.97B), Chihuahua (US$4.34B), and Guerrero (US$3.44B).
* Information download does not contain confidential data.
Main investing country between Jan-Sep 2022: Canada, US$303M
Main investing country between Jan-1999 and Sep-2022: Canada, US$17.6B
During January to September de 2022, the main countries of origin of FDI for Metal Ore Mining were Canada (US$303M), United States (US$275M), and Switzerland (Confidential).
Historically (from January 1999 to September de 2022) the countries that contributed the most to FDI were Canada (US$303M), United States (US$275M), and Switzerland (Confidential).
* Information download does not contain confidential data.
Average Age 2022-Q4: 37.8
Average Years of Schooling 2022-Q4: 10.5
The visualization shows the workforce of Metal Ore Mining by age group and years of schooling, comparing men and women.
In the fourth quarter of 2022 in Metal Ore Mining the average age for women was 32.9 years and the average schooling was 13.6 years.
The average age of men in the Metal Ore Mining workforce was 38.5 years, while the average schooling was 10.1 years during fourth quarter of 2022.
* The visualization omits the range of schooling "Not Specified".