ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides

Código 721050 (Harmonized System 2012 by 6 digits)

 2023: US$164M, Total Trade Exchange

2023: US$1.89M, International Sales

  2023: US$162M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides was US$164M.

The states with the most international purchases in 2023 were Ciudad de México (US$100M), Jalisco (US$12.9M), Estado de México (US$5.94M), and Chihuahua (US$977k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides in 2023 were Japan (US$98.6M), China (US$17M), United Kingdom (US$2.23M), United States (US$1.08M), and Brazil (US$696k).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides in 2022 were China (US$623M), Japan (US$320M), and Germany (US$212M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides were United States (US$381M), Italy (US$204M), and Mexico (US$201M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$164M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides in Mexico (including international purchases and sales) was US$164M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides 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 section

July, 2024: US$15.4M, International Purchases

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides were US$0, while international purchases reached US$15.4M. The above results in a trade balance of -US$15.4M.

Exchange by Territory

#permalink to section

International Purchases

#permalink to section

Ciudad de México: US$100M, State with the Most International Purchases (2023)

Japan: US$98.6M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides were Ciudad de México (US$100M), Jalisco (US$12.9M), Estado de México (US$5.94M), and Chihuahua (US$977k).

The countries with the most international sales to Mexico in 2023 were Japan (US$98.6M), China (US$17M), United Kingdom (US$2.23M), United States (US$1.08M), and Brazil (US$696k).

Specialization

#permalink to section

Specialization by State

#permalink to section

The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides  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, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides. 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

#permalink to section

  • 0.31%, Mexican share in global exports - 2022
  • 10.2%, Mexican share in global imports - 2022

The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides. 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, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides were China (US$623M), Japan (US$320M), and Germany (US$212M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, Cold-Rolled or Hot, Coated with Chromium Oxides or Chromium and Chromium Oxides were United States (US$381M), Italy (US$204M), and Mexico (US$201M).