Retail Trade of Cars and Trucks

Industry Group (4681)

 2021-Q4: $2.93T MX, Gross Domestic Product

DENUE May 2020: 8,178, Economic units

Jan-Dec 2021: US$26M, Foreign Direct Investment

2021-Q4 : $5.29k MX, Average Monthly Salary

2021-Q4 : 712k, Workforce

2021-Q4 : 23.5%, Female Workforce

2021-Q4: 39.1, Average Age

In the fourth quarter of 2021 the gross domestic product was $2.93T MX, 17.8% more than the previous quarter.

According DENUE 2021, Retail Trade of Cars and Trucks registered 8,178 economic units. The states with the highest number of economic units were Estado de México (694), Jalisco (669), and Ciudad de México (592).

According to data from the Economic Census 2019, total gross production was $112B MX. The states with the highest total gross production were Ciudad de México ($20.2B MX) and Estado de México ($11.1B MX).

For its part, total income reached $514B MX in 2019, being the states with the highest income Ciudad de México ($85.1B MX) and Estado de México ($53.1B MX).

Economic activities are related if they require similar knowledge or inputs. In 2014 in Retail Trade of Cars and Trucks the states with the highest affinity were Nuevo León (0.76), Chihuahua (0.76), Coahuila de Zaragoza (0.72), Sonora (0.71), and Baja California (0.7).

During the fourth quarter of 2021 in Retail Trade of Cars and Trucks the workforce was 712k people, 76.5% men and 23.5% women. In addition, the average monthly salary informed was $5.29k MX.

During the same period, occupations with the highest number of workers in Retail Trade of Cars and Trucks were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Chauffeurs Sellers.

At the state level, the occupied population of Retail Trade of Cars and Trucks was concentrated in List Estado de México,Jalisco,Nuevo León.

The average age of workers in Retail Trade of Cars and Trucks in the fourth quarter of 2021 was 39.1 years. In the same period, the average schooling of the workforce of Retail Trade of Cars and Trucks, was 12 years.

Salaries and Workforce

#permalink to section

Average Monthly Salary 2021-Q4: $5.29k MX

Working population 2021-Q4: 712k

In the fourth quarter of 2021, the workforce in Retail Trade of Cars and Trucks it was of 712k people, 76.5% men with a reported average monthly salary of $5.49k MX and 23.5% women with a salary of $4.64k MX.

Of the total employed population, 74.6% of the total workforce were formal workers with an average monthly salary of $5.74k MX, while he 25.4% corresponds to informal workers with an average salary of $3.97k MX.

Salaries and Workforce by Occupations and States

#permalink to section

In the fourth quarter of 2021 the occupations with the highest number of workers were Sales Employees, Dispatchers and Dependent on Trade, Traders in Stores, and Chauffeurs Sellers.

At the state level, the workforce of Retail Trade of Cars and Trucks was concentrated on Estado de México, Jalisco, and Nuevo León.

Gross Domestic Product

#permalink to section
info-sign

Gross domestic product 2021-Q4: $2.93T MX

Gross Domestic Product 2020: $2.18T 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 2021, Retail Trade recorded a gross domestic product of $2.93T MX, evidencing an increase of 17.8% compared to the previous quarter and an increase of 11.2% 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,  7,397 economic units were totaled in Retail Trade of Cars and Trucks, highlighting Jalisco (629), Estado de México (607), and Ciudad de México (537).

Total gross production was $112B MX. The states with the highest total gross production were Ciudad de México ($20.2B MX) and Estado de México ($11.1B MX).

Total income reached $514B MX in 2019, being the states with the highest income Ciudad de México ($85.1B MX) and Estado de México ($53.1B 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

According to dato from Economic Census 2014, Retail Trade of Cars and Trucks had a total of 5,926 economic units and the municipalities with the highest number of economic units were Guadalajara (207), Mexicali (190), and León (183)

Total income eached $263B MX and the municipalities with the highest income were Zapopan ($13.3B MX), Monterrey ($11.1B MX), and Guadalajara ($9.55B MX).

Total expenditures were $244B MX and the municipalities with the highest expenditures were Zapopan ($12.6B MX), Monterrey ($10.5B MX), and Guadalajara ($8.94B MX).

On the other hand, in 2014 there were 52375 employees dependent on economic units and the municipalities with the highest number of employees were Monterrey (2.07k), Puebla (1.7k), and León (1.54k).

* 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 Retail Trade of Cars and Trucks according to the number of employees.

According to DENUE data published in November 2021, 5,813 companies with 0 to 10 employees were registered (13 companies more than the previous period). In the same period, 1,389 companies with 11 to 50 employees were registered (equal number of companies as the previous period).

577 companies with 51 to 100 employees were registered in 2021 (3 companies more than the previous period). Likewise, 413 companies with more than 101 employees were registered (2 companies less than the previous period).

Source National Statistical Directory of Economic Units (DENUE)

Foreign Direct Investment (FDI)

#permalink to section
info-sign

  • US$26M, FDI Jan-Dec 2021
  • US$665M, FDI Jan-1999 to Dec-2021

In the period January to December 2021, FDI from Retail Trade of Cars and Trucks was US$26M, distributed in inter-company debts (US$26M), reinvestment of earnings (US$0), and equity Capital (-US$50.1).

Since January 1999 to December 2021, the accumulated amount of FDI in Retail Trade of Cars and Trucks was US$665M, distributed in inter-company debts (US$656M), equity Capital (US$12.1M), and reinvestment of earnings (-US$2.91M).

* 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 inter-company debts and equity Capital.

Foreign Direct Investment (FDI) by State

#permalink to section
info-sign

Period Jan-Dec 2021: US$8.02M, Jalisco is the main receiving state

Period Jan-1999 to Dec-2021: US$631M, Mexico City is the main receiving state

From January to December 2021, the states that received the highest FDI for Retail Trade of Cars and Trucks were Jalisco (US$8.02M), Mexico City (US$7M), and Estado de México (Confidential).

Historically (from January 1999 to December2021) the states that have received the highest FDI are Mexico City (US$631M), Estado de México (US$20.9M), and Jalisco (US$8.03M).

* Information download does not contain confidential data.

Foreign Direct Investment (FDI) Origin

#permalink to section
info-sign

Main investing country between Jan-Dec 2021: United States, US$27.9M

Main investing country between Jan-1999 and Dec-2021: France, US$632M

During January to December de 2021, the main countries of origin of FDI for Retail Trade of Cars and Trucks were United States (US$27.9M), Panama (US$225), and United Kingdom (Confidential).

Historically (from January 1999 to December de 2021) the countries that contributed the most to FDI were United States (US$27.9M), Panama (US$225), and United Kingdom (Confidential).

* Information download does not contain confidential data.

Workforce by Schooling Years, Age Range and Gender

#permalink to section

Average Age 2021-Q4: 39.1

Average Years of Schooling 2021-Q4: 12

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

In the fourth quarter of 2021 in Retail Trade of Cars and Trucks the average age for women was 37.9 years and the average schooling was 12.4 years.

The average age of men in the Retail Trade of Cars and Trucks workforce was 39.4 years, while the average schooling was 11.8 years during fourth quarter of 2021.

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