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 721129 (Harmonized System 2012 by 6 digits)

 2023: US$36M, Total Trade Exchange

2023: US$399k, International Sales

  2023: US$35.6M, 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$36M.

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$157k), Jalisco (US$146k), Tamaulipas (US$55.5k), Baja California (US$6.14k), and Chihuahua (US$3.86k).

The states with the most international purchases in 2023 were Jalisco (US$7.52M), Nuevo León (US$5.28M), Guanajuato (US$4.77M), Baja California (US$4.75M), and Chihuahua (US$2.71M).

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$236k), El Salvador (US$113k), Ecuador (US$11.7k), Belize (US$6.6k), and Vietnam (US$1.17k).

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$25.5M), Germany (US$2.49M), Brazil (US$2.21M), China (US$1.5M), and India (US$981k).

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$352M), South Korea (US$101M), and Italy (US$98.6M). 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 France (US$82.4M), Germany (US$61.6M), and Canada (US$55.2M).

Trade Balance of Mexico

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Net Trade Balance

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US$36M, 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$36M.

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$2.59M, International Purchases
  • US$63.4k, 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$63.4k, while international purchases reached US$2.59M. The above results in a trade balance of -US$2.53M.

Exchange by Territory

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International Sales

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Nuevo León: US$157k, State with the Most International Sales (2023)

United States: US$236k, 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$157k), Jalisco (US$146k), Tamaulipas (US$55.5k), Baja California (US$6.14k), and Chihuahua (US$3.86k).

In 2023, the countries with the most international purchases from Mexico were United States (US$236k), El Salvador (US$113k), Ecuador (US$11.7k), Belize (US$6.6k), and Vietnam (US$1.17k).

International Purchases

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Jalisco: US$7.52M, State with the Most International Purchases (2023)

United States: US$25.5M, 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 Jalisco (US$7.52M), Nuevo León (US$5.28M), Guanajuato (US$4.77M), Baja California (US$4.75M), and Chihuahua (US$2.71M).

The countries with the most international sales to Mexico in 2023 were United States (US$25.5M), Germany (US$2.49M), Brazil (US$2.21M), China (US$1.5M), and India (US$981k).

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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  • 0.029%, Mexican share in global exports - 2022
  • 3.98%, 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$352M), South Korea (US$101M), and Italy (US$98.6M). 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 France (US$82.4M), Germany (US$61.6M), and Canada (US$55.2M).