Wholesale Trade

Sector (43)

 2021-Q1: $2.33T MX, Gross Domestic Product

DENUE May 2020: 167,369, Economic units

Jan-Mar 2021: US$696M, Foreign Direct Investment

In the first quarter of 2021 the gross domestic product was $2.33T MX, 3.25% less than the previous quarter.

According DENUE 2021, Wholesale Trade registered 167,369 economic units. The states with the highest number of economic units were Estado de México (19,159), Ciudad de México (17,192), and Jalisco (14,877).

According to data from the Economic Census 2019, total gross production was $1.25T MX. The states with the highest total gross production were Ciudad de México ($224B MX) and Jalisco ($126B MX).

For its part, total income reached $5.44T MX in 2019, being the states with the highest income Ciudad de México ($1.91T MX) and Jalisco ($398B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Wholesale Trade the states with the highest affinity were Baja California Sur (0.9), Sinaloa (0.87), Chihuahua (0.85), Sonora (0.82), and Durango (0.81).

Gross Domestic Product

#permalink to section
info-sign

Gross domestic product 2021-Q1: $2.33T MX

Gross Domestic Product 2020: $8.51T MX

In the first quarter of 2021, Wholesale Trade recorded a gross domestic product of $2.33T MX, evidencing a drop of 3.25% compared to the previous quarter and an increase of 8.62% 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 section

According to data from the Economic Census 2019, 155,545 economic units were totaled in Wholesale Trade, highlighting List Estado de México (17,839),Ciudad de México (16,235),Jalisco (13,983).

Total gross production was $1.25T MX. The states with the highest total gross production were Ciudad de México ($224B MX) and Jalisco ($126B MX).

Total income reached $5.44T MX in 2019, being the states with the highest income Ciudad de México ($1.91T MX) and Jalisco ($398B 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 section

In 2019, Wholesale Trade had a total of 155,545 economic units and the municipalities with the highest number of economic units were Guadalajara (5.51k), León (4.31k), and Iztapalapa (3.71k).

Also, $5.43T MX in total income were registered and the municipalities with the highest income were Miguel Hidalgo ($1.34T MX), Guadalajara ($151B MX), and Monterrey ($98.2B MX).

Total expenditure registered in 2019 was $4.56T MX and the municipalities with the highest expenditure were Miguel Hidalgo ($1.3T MX), Guadalajara ($121B MX), and Monterrey ($79.7B MX).

In 2019 there were 1.18M employees dependent on economic units and the municipalities with the highest number of employees were Guadalajara (43.3k), Monterrey (35.3k), and Iztapalapa (30k).

* 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 section

The visualization shows the number of economic units in Wholesale Trade according to the number of employees.

According to DENUE data published in May 2021, 140,595 companies with 0 to 10 employees were registered (525 companies more than the previous period). In the same period, 21,092 companies with 11 to 50 employees were registered (90 companies more than the previous period).

3,211 companies with 51 to 100 employees were registered in 2021 (25 companies less than the previous period). Likewise, 2,471 companies with more than 101 employees were registered (28 companies more than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section
info-sign

  • US$696M, FDI Jan-Mar 2021
  • US$23.6B, FDI Jan-1999 to Mar-2021

In the period January to March 2021, FDI from Wholesale Trade was US$696M, distributed in reinvestment of earnings (US$703M), equity Capital (US$59M), and inter-company debts (-US$66.5M).

Since January 1999 to March 2021, the accumulated amount of FDI in Wholesale Trade was US$23.6B, distributed in equity Capital (US$10.4B), reinvestment of earnings (US$7.02B), and inter-company debts (US$6.18B).

* Confidential data is not shown in the chart (see information icon in the section).

Foreign Direct Investment (FDI) by State

#permalink to section
info-sign

Period Jan-Mar 2021: US$459M, Nuevo León is the main receiving state

Period Jan-1999 to Mar-2021: US$9.5B, Mexico City is the main receiving state

From January to March 2021, the states that received the highest FDI for Wholesale Trade were Nuevo León (US$459M), Jalisco (US$156M), and San Luis Potosí (US$89.5M).

Historically (from January 1999 to March2021) the states that have received the highest FDI are Mexico City (US$9.5B), Estado de México (US$3.2B), and Nuevo León (US$3.08B).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

#permalink to section
info-sign

Main investing country between Jan-Mar 2021: United States, US$269M

Main investing country between Jan-1999 and Mar-2021: United States, US$13.3B

During January to March de 2021, the main countries of origin of FDI for Wholesale Trade were United States (US$269M), United Kingdom (US$172M), and Japan (US$99.3M).

Historically (from January 1999 to March de 2021) the countries that contributed the most to FDI were United States (US$269M), United Kingdom (US$172M), and Japan (US$99.3M).

* Information download does not contain confidential data.

Diversification Frontier

#permalink to section

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

#permalink to section

As of May 2021, the states with the highest degree of specialization in Wholesale Trade were Nuevo León (1.49), Querétaro (1.36), and Jalisco (1.3). 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 Trade according to Relatedness were Baja California Sur (0.9), Durango (0.81), and Colima (0.81). 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).

Access to Financing

#permalink to section

According to data from the Economic Census 2019, the distribution of economic units according to size that had access to financing was 16.3% units with up to 10 people, 36.3% units with 11 to 50 people, 39.7% units with 51 to 250 people, and 35.9% units with 251 and more people.

According to the age of the economic units, the distribution of those that obtained financing was 16.4% of the recently created (up to 2 years) units, 17.7% of the youth (3 to 5 years) units, 18.7% of the adults (6 to 10 years) units, and 22.4% of the seniors (over 10 years) units.

The states with the highest percentage of economic units that received financing were Colima (27.4%), Sinaloa (26.3%), Chihuahua (25.5%), Baja California Sur (24.4%), and Querétaro (23.2%).

Sources and Uses of Financing

#permalink to section

The visualization shows the percentage of economic units according to size or age according to the sources of financing or the uses they gave to the financing received.

In the chart, each level corresponds to a size or age of the company depending on the option selected in the upper button. The darker the box, the higher the percentage of economic units that are in that category.

Information Technologies

#permalink to section

Internet Usage by State

#permalink to section

The visualization shows the percentage distribution of the economic units in the Wholesale Trade sector that had internet services.

According to data from the Economic Census 2019, the states with the highest percentage of economic units that had internet services were Baja California Sur (73.3%), Querétaro (68%), Baja California (67.8%), Sonora (67.7%), and Sinaloa (66.7%).

Availability of Internet Service and Computing

#permalink to section

The visualization shows the distribution of companies that had internet services or computer services according to the size or age of the economic units, depending on the options selected in the upper buttons.

According to data from the Economic Census 2019, the Wholesale Trade sector had 49.4% of economic units that had internet services and 52.2% of economic units that had computer services. The disaggregation by size or age of the units can be analyzed in the visualization.

Internet Use in Companies

#permalink to section

The visualization shows where the economic units are concentrated depending on the use they make of the internet, according to the size or age of the company.

According to the size of the company, the economic units of 251 and more people that use the internet in banking and financial operations (91.2%) stand out in percentage terms.

According to the age of the company, seniors (over 10 years) economic units that use the internet for search information for goods or services (80.3%) stand out.

Business Management

#permalink to section

Internet Purchases and Sales

#permalink to section

The visualization shows the distribution of purchases and sales over the Internet and the distribution of monetary transactions according to the medium used in the transaction and the size of the companies.

According to data from the 2019 Economic Census, internet sales reached $524B MX and purchases were $597B MX. On the other hand, sales made in monetary transactions were $5.41T MX and purchases reached $4.5T MX.

Problems faced by economic units

#permalink to section

The chart shows the main problems faced by economic units. With the upper selector it is possible to analyze the problems affecting companies according to their size. By default, the problems of economic units with up to 10 people are shown.

According to data from the Economic Census 2019, the main problems faced by the economic units of Wholesale Trade with up to 10 workers are public insecurity (33.4%), high taxes (11.5%), another problems (11%), and high costs of raw materials (8.39%).

Accounting System

#permalink to section

According to data from the Economic Census 2019, the distribution of economic units that had an accounting system  was 68.4% units with up to 10 people, 97.2% units with 11 to 50 people, 98.9% units with 51 to 250 people, and 99.2% units with 251 and more people.

The states with the highest percentage of economic units that had an accounting system were Baja California (85.2%), Baja California Sur (83.9%), Chihuahua (83.9%), Querétaro (81.9%), and Nuevo León (81.6%).

Expenditure and Income Control Mechanisms

#permalink to section

The chart shows the percentage of companies by size that used different mechanisms to control expenses and income in their operations.

According to data from the Economic Census 2019, the main expenses and income control mechanisms were external accounting system (47.5%) in companies with up to 10 people, internally developed accounting system (47.3%) in companies with 11 to 50 people, internally developed accounting system (70.3%) in companies with 51 to 250 people, and internally developed accounting system (73.5%) in companies with 251 and more people.

Monetary Transactions

#permalink to section

The visualization shows the percentage distribution of the economic units in the Wholesale Trade sector according to the amount of income from the supply of goods and services.

According to data from the Economic Census 2019, the states with the highest income from the supply of goods and services were list Ciudad de México ($1.9T MX),Jalisco ($395B MX),Estado de México ($384B MX),Nuevo León ($336B MX),Guanajuato ($209B MX).

With the upper selector it is possible to see the distribution of expenses for consumption of goods and services, in addition to the amounts of purchases or sales over the internet.

Environmental Standard

#permalink to section
info-sign

The visualization shows the percentage of large economic units of the private and parastatal sector that had activities in 2018, according to compliance with the environmental standard.

In 2018, 10.4% of the large economic units complied with the environmental standard, 25.8% did not know if they complied with any environmental standard, and 63.8% did not comply with the environmental standard.

Staff Engaged in Environmental Protection Activities

#permalink to section
info-sign

The visualization shows the percentage distribution of economic units in the private and parastatal sectors of Wholesale Trade that had staff in environmental protection activities by state.

According to data from the Economic Census 2019, the states with the highest percentage of large economic units that had staff in environmental protection activities were Nayarit (9.94%), Aguascalientes (8.97%), Zacatecas (8.42%), San Luis Potosí (7.26%), and Campeche (7.19%).

Environmental Protection Processes

#permalink to section
info-sign

According to data from the 2019 Economic Census, 56.5% of the large economic units in the Wholesale Trade sector separated their waste, highlighting the separation of paper (92.1%), plastic (68.9%), and wood (40.7%).

On the other hand, 4.68% of the large economic units applied some treatment to the wastewater generated in their activity. The main uses of the treated water were gardening and cleaning (1.86%), same production process (0.98%), and discharge to the public network (0.91%).

Expenditure and Investment in Environmental Protection

#permalink to section
info-sign

According to data from the Economic Census 2019, 3.21% of the large economic units in the Wholesale Trade sector made expenditures on environmental protection, highlighting expenditures in care and maintenance of the vehicle fleet ($54.2k MX), sewer, drainage or sanitation ($47k MX), and hazardous waste management ($21k MX).

On the other hand, 0.74% of the large economic units made investment in environmental protection. The main investments were in hazardous waste management ($14.2k MX), decrease energy consumption ($12.6k MX), and sewage treatment ($3.55k MX).

Science, Innovation and Technology

#permalink to section

Innovation in Large Companies in Recent Years

#permalink to section

The visualizations shows the percentage distribution of the large economic units of the private and parastatal sector of Wholesale Trade with innovation activities in at least one year between 2016 and 2018.

According to data from the Economic Census 2019, the states with the highest percentage of large economic units with innovation activities in 2016, 2017 or 2018 were Ciudad de México (9.85%), Nuevo León (8.17%), Chihuahua (8.03%), Querétaro (7.93%), and Jalisco (7.53%).

Innovation Activities in 2018

#permalink to section

According to data from the Economic Census 2019, 6.16% of the large economic units of the private and parastatal sector of Wholesale Trade had innovation activities in 2018.

Of the total staff employed in large economic units, 5.64% was employed in product innovation activities, 3.12% in process innovation, 3.41% in market innovation, 4.02% in organizational innovation, and 2.31% in innovation for technological adaptation and documentation.

Qualified staff in Innovation Activities

#permalink to section

The visualization shows the distribution of large economic units of the private and parastatal sector of Wholesale Trade that employed qualified staff in technological research and development activities in 2016, 2017 and 2018.

According to data from the Economic Census 2019, the lowercase Wholesale Trade Sector had 1,600 economic units that had qualified staff in technological research and development activities, 222 economic units had it for research and technological development in the field of Biotechnology and 103 economic units for research and technological development in Nanotechnology.

In the same year, 476 economic units had qualified personnel in the registration or processing of patents for brands, products or processes, and 255 economic units had this type of staff to contracts or acquisition of patents for brands, products or processes.