Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad
Código 7209 (Harmonized System 2012 by 4 digits)
2023: US$1.4B, Total Trade Exchange
2023: US$129M, International Sales
2023: US$1.28B, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad was US$1.4B.
In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Nuevo León (US$123M), Ciudad de México (US$2.17M), Chihuahua (US$505k), Baja California (US$463k), and Tamaulipas (US$163k).
The states with the most international purchases in 2023 were Nuevo León (US$347M), Tamaulipas (US$327M), Ciudad de México (US$152M), Guanajuato (US$130M), and Estado de México (US$78.7M).
In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$126M), Uruguay (US$345k), Panama (US$279k), Guatemala (US$241k), and Paraguay (US$205k).
The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in 2023 were United States (US$464M), South Korea (US$383M), Japan (US$197M), Sweden (US$46.7M), and Taiwan (Republic of China) (US$33.8M).
In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in 2022 were South Korea (US$3.19B), China (US$2.85B), and Japan (US$1.76B). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$1.73B), Mexico (US$1.13B), and China (US$1.06B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.4B, Total Trade Exchange (2023)
In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in Mexico (including international purchases and sales) was US$1.4B.
The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad 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
#permalink to sectionJuly, 2024
- US$172M, International Purchases
- US$11.8M, International Sales
In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were US$11.8M, while international purchases reached US$172M. The above results in a trade balance of -US$160M.
Market Concentration
#permalink to section2024-Q3: US$11.7M, International Sales
The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad at state level.
In the third quarter of 2024, international sales were US$11.7M, being the states with the most sales Nuevo León (US$11.4M), Ciudad de México (US$252k), and Sonora (US$46.7k).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$123M, State with the Most International Sales (2023)
United States: US$126M, Main commercial destination (2023)
In 2023, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Nuevo León (US$123M), Ciudad de México (US$2.17M), Chihuahua (US$505k), Baja California (US$463k), and Tamaulipas (US$163k).
In 2023, the countries with the most international purchases from Mexico were United States (US$126M), Uruguay (US$345k), Panama (US$279k), Guatemala (US$241k), and Paraguay (US$205k).
International Purchases
#permalink to sectionNuevo León: US$347M, State with the Most International Purchases (2023)
United States: US$464M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Nuevo León (US$347M), Tamaulipas (US$327M), Ciudad de México (US$152M), Guanajuato (US$130M), and Estado de México (US$78.7M).
The countries with the most international sales to Mexico in 2023 were United States (US$464M), South Korea (US$383M), Japan (US$197M), Sweden (US$46.7M), and Taiwan (Republic of China) (US$33.8M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad and the Economic Complexity Index of each state.
RCA values greater than 1 indicate that the state has comparative advantages in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 1.06%, Mexican share in global exports - 2022
- 5.73%, Mexican share in global imports - 2022
The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad. 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-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were South Korea (US$3.19B), China (US$2.85B), and Japan (US$1.76B). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$1.73B), Mexico (US$1.13B), and China (US$1.06B).