ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm

Código 720916 (Harmonized System 2012 by 6 digits)

 2023: US$520M, Total Trade Exchange

2023: US$4.22M, International Sales

  2023: US$516M, 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, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm was US$520M.

In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$2.55M), Coahuila de Zaragoza (US$58.2k), and Guanajuato (US$39k).

The states with the most international purchases in 2023 were Nuevo León (US$125M), Tamaulipas (US$97M), Guanajuato (US$72.8M), Ciudad de México (US$68.7M), and Estado de México (US$40.6M).

In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$2.05M), Uruguay (US$282k), Guatemala (US$181k), Paraguay (US$80.4k), and Indonesia (US$26.4k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2023 were United States (US$197M), South Korea (US$145M), Japan (US$68.3M), Sweden (US$31.3M), and Taiwan (Republic of China) (US$19.6M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2022 were South Korea (US$1.22B), China (US$787M), and Belgium (US$612M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$641M), Germany (US$505M), and Mexico (US$438M).

Trade Balance of Mexico

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Net Trade Balance

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US$520M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in Mexico (including international purchases and sales) was US$520M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 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$61.1M, International Purchases
  • US$662k, International Sales

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were US$662k, while international purchases reached US$61.1M. The above results in a trade balance of -US$60.4M.

Market Concentration

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2024-Q3: US$655k, International Sales

The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm at state level.

In the third quarter of 2024, international sales were US$655k, being the states with the most sales Nuevo León (US$655k).

Exchange by Territory

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International Sales

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Nuevo León: US$2.55M, State with the Most International Sales (2023)

United States: US$2.05M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$2.55M), Coahuila de Zaragoza (US$58.2k), and Guanajuato (US$39k).

In 2023, the countries with the most international purchases from Mexico were United States (US$2.05M), Uruguay (US$282k), Guatemala (US$181k), Paraguay (US$80.4k), and Indonesia (US$26.4k).

International Purchases

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Nuevo León: US$125M, State with the Most International Purchases (2023)

United States: US$197M, 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, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$125M), Tamaulipas (US$97M), Guanajuato (US$72.8M), Ciudad de México (US$68.7M), and Estado de México (US$40.6M).

The countries with the most international sales to Mexico in 2023 were United States (US$197M), South Korea (US$145M), Japan (US$68.3M), Sweden (US$31.3M), and Taiwan (Republic of China) (US$19.6M).

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, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm  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, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 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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  • 0.82%, Mexican share in global exports - 2022
  • 6.61%, 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, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 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-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were South Korea (US$1.22B), China (US$787M), and Belgium (US$612M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$641M), Germany (US$505M), and Mexico (US$438M).