Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad
Código 721260 (Harmonized System 2012 by 6 digits)
2023: US$43.4M, Total Trade Exchange
2023: US$369k, International Sales
2023: US$43M, International Purchases
In 2023, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad was US$43.4M.
In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Coahuila de Zaragoza (US$156k).
The states with the most international purchases in 2023 were Jalisco (US$11.7M), Coahuila de Zaragoza (US$11.3M), Baja California (US$1.38M), Ciudad de México (US$340k), and Sonora (US$158k).
In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Italy (US$151k) and United States (US$5.52k).
The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad in 2023 were Japan (US$10.4M), United Kingdom (US$7.31M), United States (US$5.29M), China (US$1.3M), and Brazil (US$448k).
In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad in 2022 were Japan (US$72.1M), Germany (US$45.2M), and United States (US$44.8M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Mexico (US$33M), China (US$32.2M), and Austria (US$20.5M).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$43.4M, Total Trade Exchange (2023)
In 2023, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad in Mexico (including international purchases and sales) was US$43.4M.
The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad 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
#permalink to sectionJuly, 2024: US$4.47M, International Purchases
In July 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were US$0, while international purchases reached US$4.47M. The above results in a trade balance of -US$4.47M.
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionCoahuila de Zaragoza: US$156k, State with the Most International Sales (2023)
Italy: US$151k, Main commercial destination (2023)
In 2023, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Coahuila de Zaragoza (US$156k).
In 2023, the countries with the most international purchases from Mexico were Italy (US$151k) and United States (US$5.52k).
International Purchases
#permalink to sectionJalisco: US$11.7M, State with the Most International Purchases (2023)
Japan: US$10.4M, Main Commercial Origin (2023)
In 2023, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Jalisco (US$11.7M), Coahuila de Zaragoza (US$11.3M), Baja California (US$1.38M), Ciudad de México (US$340k), and Sonora (US$158k).
The countries with the most international sales to Mexico in 2023 were Japan (US$10.4M), United Kingdom (US$7.31M), United States (US$5.29M), China (US$1.3M), and Brazil (US$448k).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe RCA-Complexity diagram compares the Revelead Comparative Advantages of states in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad 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 <600Mm, Cold-Rolled or Hot, Clad. 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 0.068%, Mexican share in global exports - 2022
- 12.1%, Mexican share in global imports - 2022
The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad. 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 <600Mm, Cold-Rolled or Hot, Clad were Japan (US$72.1M), Germany (US$45.2M), and United States (US$44.8M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Clad were Mexico (US$33M), China (US$32.2M), and Austria (US$20.5M).