ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, Thickness <0.5Mm

Código 720918 (Harmonized System 2012 by 6 digits)

 2023: US$216M, Total Trade Exchange

2023: US$87.3M, International Sales

  2023: US$129M, 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, Thickness <0.5Mm was US$216M.

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, Thickness <0.5Mm were Nuevo León (US$86.9M) and Chihuahua (US$302k).

The states with the most international purchases in 2023 were Nuevo León (US$105M), Ciudad de México (US$6.48M), Coahuila de Zaragoza (US$3.13M), Guanajuato (US$2.14M), and Chihuahua (US$1.43M).

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, Thickness <0.5Mm were United States (US$87M), Italy (US$84.4k), Uruguay (US$62.3k), Colombia (US$61.4k), and Guatemala (US$25.9k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, Thickness <0.5Mm in 2023 were Japan (US$52.7M), United States (US$30.4M), Australia (US$13.2M), Argentina (US$10.1M), and New Zealand (US$8.74M).

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, Thickness <0.5Mm in 2022 were Taiwan (Republic of China) (US$518M), Japan (US$512M), and China (US$495M). 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, Thickness <0.5Mm were United States (US$390M), Indonesia (US$334M), and China (US$288M).

Trade Balance of Mexico

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Net Trade Balance

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US$216M, 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, Thickness <0.5Mm in Mexico (including international purchases and sales) was US$216M.

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, Thickness <0.5Mm 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$19.5M, International Purchases

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, Thickness <0.5Mm were US$0, while international purchases reached US$19.5M. The above results in a trade balance of -US$19.5M.

Exchange by Territory

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International Sales

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Nuevo León: US$86.9M, State with the Most International Sales (2023)

United States: US$87M, 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, Thickness <0.5Mm were Nuevo León (US$86.9M) and Chihuahua (US$302k).

In 2023, the countries with the most international purchases from Mexico were United States (US$87M), Italy (US$84.4k), Uruguay (US$62.3k), Colombia (US$61.4k), and Guatemala (US$25.9k).

International Purchases

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Nuevo León: US$105M, State with the Most International Purchases (2023)

Japan: US$52.7M, 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, Thickness <0.5Mm were Nuevo León (US$105M), Ciudad de México (US$6.48M), Coahuila de Zaragoza (US$3.13M), Guanajuato (US$2.14M), and Chihuahua (US$1.43M).

The countries with the most international sales to Mexico in 2023 were Japan (US$52.7M), United States (US$30.4M), Australia (US$13.2M), Argentina (US$10.1M), and New Zealand (US$8.74M).

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, Thickness <0.5Mm  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, Thickness <0.5Mm. 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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  • 1.91%, Mexican share in global exports - 2022
  • 1.76%, 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, Thickness <0.5Mm. 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, Thickness <0.5Mm were Taiwan (Republic of China) (US$518M), Japan (US$512M), and China (US$495M). 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, Thickness <0.5Mm were United States (US$390M), Indonesia (US$334M), and China (US$288M).