ProceduresGovernment

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

Código 720926 (Harmonized System 2012 by 6 digits)

 2023: US$16.1M, Total Trade Exchange

2023: US$842k, International Sales

  2023: US$15.2M, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm was US$16.1M.

In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$354k), Baja California (US$79.8k), Tamaulipas (US$53.1k), Sonora (US$13.5k), and Chihuahua (US$4.46k).

The states with the most international purchases in 2023 were Tamaulipas (US$6.05M), Baja California (US$2.86M), Sonora (US$2.42M), Nuevo León (US$1.63M), and Chihuahua (US$1.15M).

In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$482k) and South Korea (US$23.2k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2023 were United States (US$13.1M), Australia (US$581k), Brazil (US$216k), Germany (US$109k), and China (US$106k).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2022 were Germany (US$84.4M), Italy (US$60.1M), and China (US$56.4M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$70.1M), Czech Republic (US$61.5M), and Hungary (US$40.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$16.1M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in Mexico (including international purchases and sales) was US$16.1M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not 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$1.9M, International Purchases
  • US$151k, International Sales

In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were US$151k, while international purchases reached US$1.9M. The above results in a trade balance of -US$1.75M.

Exchange by Territory

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International Sales

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Nuevo León: US$354k, State with the Most International Sales (2023)

United States: US$482k, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$354k), Baja California (US$79.8k), Tamaulipas (US$53.1k), Sonora (US$13.5k), and Chihuahua (US$4.46k).

In 2023, the countries with the most international purchases from Mexico were United States (US$482k) and South Korea (US$23.2k).

International Purchases

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Tamaulipas: US$6.05M, State with the Most International Purchases (2023)

United States: US$13.1M, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Tamaulipas (US$6.05M), Baja California (US$2.86M), Sonora (US$2.42M), Nuevo León (US$1.63M), and Chihuahua (US$1.15M).

The countries with the most international sales to Mexico in 2023 were United States (US$13.1M), Australia (US$581k), Brazil (US$216k), Germany (US$109k), and China (US$106k).

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, not 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, not 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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  • 0.095%, Mexican share in global exports - 2022
  • 3.47%, 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, not 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$84.4M), Italy (US$60.1M), and China (US$56.4M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$70.1M), Czech Republic (US$61.5M), and Hungary (US$40.8M).