ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm

Código 720917 (Harmonized System 2012 by 6 digits)

 2023: US$640M, Total Trade Exchange

2023: US$34.4M, International Sales

  2023: US$605M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm was US$640M.

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Nuevo León (US$33.6M), Ciudad de México (US$538k), and Chihuahua (US$110k).

The states with the most international purchases in 2023 were Tamaulipas (US$216M), Nuevo León (US$115M), Ciudad de México (US$76.3M), Guanajuato (US$53.1M), and Estado de México (US$36.7M).

In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were United States (US$34M), Paraguay (US$125k), Guatemala (US$33.5k), South Korea (US$9.64k), and China (US$8.09k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in 2023 were South Korea (US$230M), United States (US$210M), Japan (US$67.9M), Sweden (US$15.1M), and Australia (US$12.5M).

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in 2022 were South Korea (US$1.67B), China (US$1.27B), and Japan (US$779M). 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were United States (US$659M), Mexico (US$608M), and China (US$489M).

Trade Balance of Mexico

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Net Trade Balance

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US$640M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in Mexico (including international purchases and sales) was US$640M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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$88.7M, International Purchases
  • US$2.56M, International Sales

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were US$2.56M, while international purchases reached US$88.7M. The above results in a trade balance of -US$86.1M.

Market Concentration

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2024-Q3: US$2.47M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm at state level.

In the third quarter of 2024, international sales were US$2.47M, being the states with the most sales Nuevo León (US$2.47M).

Exchange by Territory

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International Sales

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Nuevo León: US$33.6M, State with the Most International Sales (2023)

United States: US$34M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Nuevo León (US$33.6M), Ciudad de México (US$538k), and Chihuahua (US$110k).

In 2023, the countries with the most international purchases from Mexico were United States (US$34M), Paraguay (US$125k), Guatemala (US$33.5k), South Korea (US$9.64k), and China (US$8.09k).

International Purchases

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Tamaulipas: US$216M, State with the Most International Purchases (2023)

South Korea: US$230M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Tamaulipas (US$216M), Nuevo León (US$115M), Ciudad de México (US$76.3M), Guanajuato (US$53.1M), and Estado de México (US$36.7M).

The countries with the most international sales to Mexico in 2023 were South Korea (US$230M), United States (US$210M), Japan (US$67.9M), Sweden (US$15.1M), and Australia (US$12.5M).

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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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  • 1.23%, Mexican share in global exports - 2022
  • 7.34%, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were South Korea (US$1.67B), China (US$1.27B), and Japan (US$779M). 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were United States (US$659M), Mexico (US$608M), and China (US$489M).