ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm

Código 720838 (Harmonized System 2012 by 6 digits)

 2023: US$360M, Total Trade Exchange

2023: US$16.8M, International Sales

  2023: US$343M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm was US$360M.

In 2021, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Nuevo León (US$82.7M).

The states with the most international purchases in 2023 were Nuevo León (US$83.8M), Baja California (US$17.9M), Coahuila de Zaragoza (US$10.6M), Ciudad de México (US$7.49M), and Estado de México (US$7.45M).

In 2021, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were United States (US$74.2M), Italy (US$5.73M), Colombia (US$1.63M), Guatemala (US$574k), and Switzerland (US$141k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm in 2023 were United States (US$41.2M), Japan (US$29.6M), South Korea (US$15.8M), Vietnam (US$13.4M), and Netherlands (US$11.7M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm in 2022 were Japan (US$1.75B), China (US$1.16B), and South Korea (US$866M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Italy (US$1.44B), Turkey (US$851M), and Vietnam (US$702M).

Trade Balance of Mexico

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Net Trade Balance

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US$360M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm in Mexico (including international purchases and sales) was US$360M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 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$22.7M, International Purchases

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were US$0, while international purchases reached US$22.7M. The above results in a trade balance of -US$22.7M.

Exchange by Territory

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International Sales

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Nuevo León: US$82.7M, State with the Most International Sales (2021)

United States: US$74.2M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Nuevo León (US$82.7M).

In 2021, the countries with the most international purchases from Mexico were United States (US$74.2M), Italy (US$5.73M), Colombia (US$1.63M), Guatemala (US$574k), and Switzerland (US$141k).

International Purchases

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Nuevo León: US$83.8M, State with the Most International Purchases (2023)

United States: US$41.2M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Nuevo León (US$83.8M), Baja California (US$17.9M), Coahuila de Zaragoza (US$10.6M), Ciudad de México (US$7.49M), and Estado de México (US$7.45M).

The countries with the most international sales to Mexico in 2023 were United States (US$41.2M), Japan (US$29.6M), South Korea (US$15.8M), Vietnam (US$13.4M), and Netherlands (US$11.7M).

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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 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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  • 1.09%, Mexican share in global exports - 2022
  • 1.56%, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Japan (US$1.75B), China (US$1.16B), and South Korea (US$866M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness Of> = 3 Mm but <4,75 Mm were Italy (US$1.44B), Turkey (US$851M), and Vietnam (US$702M).