ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt%

Código 721123 (Harmonized System 2012 by 6 digits)

 2023: US$82.5M, Total Trade Exchange

2023: US$8.52M, International Sales

  2023: US$74M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% was US$82.5M.

In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Nuevo León (US$4.94M), Guanajuato (US$1.34M), Chihuahua (US$1.28M), Tamaulipas (US$337k), and Sonora (US$322k).

The states with the most international purchases in 2023 were Chihuahua (US$15M), Nuevo León (US$9.49M), Baja California (US$8.12M), Estado de México (US$7.92M), and Querétaro (US$7.65M).

In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were United States (US$8.16M), South Korea (US$88.8k), China (US$11.3k), Taiwan (Republic of China) (US$6.02k), and Italy (US$4.27k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% in 2023 were United States (US$52.6M), Brazil (US$6.26M), Spain (US$3.15M), Germany (US$2.78M), and China (US$1.91M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% in 2022 were Germany (US$408M), Italy (US$261M), and United States (US$111M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Germany (US$160M), Austria (US$154M), and France (US$153M).

Trade Balance of Mexico

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Net Trade Balance

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US$82.5M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% in Mexico (including international purchases and sales) was US$82.5M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% 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$8.01M, International Purchases
  • US$719k, International Sales

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were US$719k, while international purchases reached US$8.01M. The above results in a trade balance of -US$7.29M.

Market Concentration

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2024-Q3: US$279k, International Sales

The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% at state level.

In the third quarter of 2024, international sales were US$279k, being the states with the most sales Nuevo León (US$196k), Chihuahua (US$51.6k), and Sonora (US$16.1k).

Exchange by Territory

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International Sales

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Nuevo León: US$4.94M, State with the Most International Sales (2023)

United States: US$8.16M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Nuevo León (US$4.94M), Guanajuato (US$1.34M), Chihuahua (US$1.28M), Tamaulipas (US$337k), and Sonora (US$322k).

In 2023, the countries with the most international purchases from Mexico were United States (US$8.16M), South Korea (US$88.8k), China (US$11.3k), Taiwan (Republic of China) (US$6.02k), and Italy (US$4.27k).

International Purchases

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Chihuahua: US$15M, State with the Most International Purchases (2023)

United States: US$52.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Chihuahua (US$15M), Nuevo León (US$9.49M), Baja California (US$8.12M), Estado de México (US$7.92M), and Querétaro (US$7.65M).

The countries with the most international sales to Mexico in 2023 were United States (US$52.6M), Brazil (US$6.26M), Spain (US$3.15M), Germany (US$2.78M), and China (US$1.91M).

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-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt%  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 Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt%. 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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  • 0.25%, Mexican share in global exports - 2022
  • 5.22%, Mexican share in global imports - 2022

The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt%. 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 Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Germany (US$408M), Italy (US$261M), and United States (US$111M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, of a Width <600 Mm, Simply Cold-Rolled, not Clad, with a Carbon Content <0.25 Wt% were Germany (US$160M), Austria (US$154M), and France (US$153M).