ProceduresGovernment

Metal Ore Mining

Industry Group (2122)

 2022-Q2: $1.88T MX, Gross Domestic Product

DENUE May 2022: 412, Economic units

Jan-Jun 2022: US$546M, Foreign Direct Investment

2022-Q2 : $9.85k MX, Average Monthly Salary

2022-Q2 : 90k, Workforce

2022-Q2 : 11.9%, Female Workforce

2022-Q2: 37.3, Average Age

In the second quarter of 2022 the gross domestic product was $1.88T MX, 5.98% more than the previous quarter.

According DENUE 2022, Metal Ore Mining registered 412 economic units. The states with the highest number of economic units were Sonora (77), Chihuahua (65), and Zacatecas (56).

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 second quarter of 2022 in Metal Ore Mining the workforce was 90k people, 88.1% men and 11.9% women. In addition, the average monthly salary informed was $9.85k MX.

During the same period, occupations with the highest number of workers in Metal Ore Mining were Miners and Workers in Extracting Metal Ore Mining, Machine Operators and Equipment Extraction and Mining and Quarrying, and Truck Drivers, Cargo Vans and Cars.

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 second quarter of 2022 was 37.3 years. In the same period, the average schooling of the workforce of Metal Ore Mining, was 10.8 years.

Salaries and Workforce

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Average Monthly Salary 2022-Q2: $9.85k MX

Working population 2022-Q2: 90k

In the second quarter of 2022, the workforce in Metal Ore Mining it was of 90k people, 88.1% men with a reported average monthly salary of $10.3k MX and 11.9% women with a salary of $6.37k MX.

Of the total employed population, 93.6% of the total workforce were formal workers with an average monthly salary of $10k MX, while he 6.38% corresponds to informal workers with an average salary of $7.12k MX.

Salaries and Workforce by Occupations and States

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In the second quarter of 2022 the occupations with the highest number of workers were Miners and Workers in Extracting Metal Ore Mining, Machine Operators and Equipment Extraction and Mining and Quarrying, and Truck Drivers, Cargo Vans and Cars.

At the state level, the workforce of Metal Ore Mining was concentrated on Chihuahua, Durango, and Hidalgo.

Gross Domestic Product

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Gross domestic product 2022-Q2: $1.88T MX

Gross Domestic Product 2021: $1.38T 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 second quarter of 2022, Mining, Quarrying, and Oil and Gas Extraction recorded a gross domestic product of $1.88T MX, evidencing an increase of 5.98% compared to the previous quarter and an increase of 41.1% 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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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.

Production Indicators by Municipality

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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.

Economic Units

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The visualization shows the number of economic units in Metal Ore Mining according to the number of employees.

According to DENUE data published in May 2022, 179 companies with 0 to 10 employees were registered (equal number of companies as the previous period). In the same period, 102 companies with 11 to 50 employees were registered (equal number of companies as the previous period).

18 companies with 51 to 100 employees were registered in 2022 (equal number of companies as the previous period). Likewise, 113 companies with more than 101 employees were registered (equal number of companies as the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

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  • US$546M, FDI Jan-Jun 2022
  • US$28.4B, FDI Jan-1999 to Jun-2022

In the period January to June 2022, FDI from Metal Ore Mining was US$546M, distributed in equity Capital (US$505M), reinvestment of earnings (US$374M), and inter-company debts (-US$333M).

Since January 1999 to June 2022, the accumulated amount of FDI in Metal Ore Mining was US$28.4B, distributed in reinvestment of earnings (US$14.1B), equity Capital (US$8.78B), and inter-company debts (US$5.51B).

* 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.

Foreign Direct Investment (FDI) by State

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Period Jan-Jun 2022: US$133M, Chihuahua is the main receiving state

Period Jan-1999 to Jun-2022: US$8.96B, Zacatecas is the main receiving state

From January to June 2022, the states that received the highest FDI for Metal Ore Mining were Chihuahua (US$133M), Durango (US$127M), and Zacatecas (US$101M).

Historically (from January 1999 to June2022) the states that have received the highest FDI are Zacatecas (US$8.96B), Chihuahua (US$4.31B), and Guerrero (US$3.38B).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

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Main investing country between Jan-Jun 2022: United States, US$250M

Main investing country between Jan-1999 and Jun-2022: Canada, US$17.5B

During January to June de 2022, the main countries of origin of FDI for Metal Ore Mining were United States (US$250M), Canada (US$224M), and Switzerland (Confidential).

Historically (from January 1999 to June de 2022) the countries that contributed the most to FDI were United States (US$250M), Canada (US$224M), and Switzerland (Confidential).

* Information download does not contain confidential data.

Workforce by Schooling Years, Age Range and Gender

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Average Age 2022-Q2: 37.3

Average Years of Schooling 2022-Q2: 10.8

The visualization shows the workforce of Metal Ore Mining by age group and years of schooling, comparing men and women.

In the second quarter of 2022 in Metal Ore Mining the average age for women was 32.1 years and the average schooling was 15 years.

The average age of men in the Metal Ore Mining workforce was 37.9 years, while the average schooling was 10.3 years during second quarter of 2022.

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