ProceduresGovernment

Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm

Código 721012 (Harmonized System 2012 by 6 digits)

 2023: US$289M, Total Trade Exchange

2023: US$1.12M, International Sales

  2023: US$288M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm was US$289M.

In 2022, the states with the most international sales in Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were Estado de México (US$1.19M) and Chihuahua (US$97k).

The states with the most international purchases in 2023 were Estado de México (US$155M), Ciudad de México (US$62.4M), Guanajuato (US$20.5M), Nuevo León (US$18.3M), and Jalisco (US$7.51M).

In 2022, the main commercial destinations of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were Venezuela (US$1.02M), Costa Rica (US$137k), United States (US$96.2k), Guatemala (US$17.5k), and El Salvador (US$12.3k).

The main commercial origins of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm in 2023 were China (US$102M), Japan (US$87.4M), Netherlands (US$30.6M), South Korea (US$24M), and Brazil (US$7.52M).

In the global context, the main exporting countries of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm in 2022 were China (US$2.37B), Germany (US$1.23B), and Netherlands (US$1.02B). In the same year, the main importing countries of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were United States (US$1.82B), Italy (US$995M), and Mexico (US$459M).

Trade Balance of Mexico

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Net Trade Balance

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US$289M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm in Mexico (including international purchases and sales) was US$289M.

The visualizations show the net balance of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm at the level of states and countries. Colors more similar to blue, indicate that the territory presented a higher level of international sales. Colors more similar to red, indicate that the territory presented a higher level of international purchases.

Net International Trade

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July, 2024: US$34.4M, International Purchases

In July 2024, international sales of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were US$0, while international purchases reached US$34.4M. The above results in a trade balance of -US$34.4M.

Exchange by Territory

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International Sales

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Estado de México: US$1.19M, State with the Most International Sales (2022)

Venezuela: US$1.02M, Main commercial destination (2022)

In 2022, the states with the highest international sales in Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were Estado de México (US$1.19M) and Chihuahua (US$97k).

In 2022, the countries with the most international purchases from Mexico were Venezuela (US$1.02M), Costa Rica (US$137k), United States (US$96.2k), Guatemala (US$17.5k), and El Salvador (US$12.3k).

International Purchases

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Estado de México: US$155M, State with the Most International Purchases (2023)

China: US$102M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were Estado de México (US$155M), Ciudad de México (US$62.4M), Guanajuato (US$20.5M), Nuevo León (US$18.3M), and Jalisco (US$7.51M).

The countries with the most international sales to Mexico in 2023 were China (US$102M), Japan (US$87.4M), Netherlands (US$30.6M), South Korea (US$24M), and Brazil (US$7.52M).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm. On the other hand, high levels of complexity (ECI) are associated with higher levels of income, potential for economic growth, lower income inequality and lower emissions.

Origins and Trade Destinations

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  • 0.0085%, Mexican share in global exports - 2022
  • 5.13%, Mexican share in global imports - 2022

The visualizations show the global market for Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2022, the main exporting countries of Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were China (US$2.37B), Germany (US$1.23B), and Netherlands (US$1.02B). In the same year, the main importing countries for Flat Products Iron or Non-Alloy Width> = 600 Mm, Cold-Rolled or Hot, Tinned, of a Thickness of <0.5 Mm were United States (US$1.82B), Italy (US$995M), and Mexico (US$459M).