ProceduresGovernment

Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented

Código 722611 (Harmonized System 2012 by 6 digits)

 2023: US$54.7M, Total Trade Exchange

2023: US$19.6M, International Sales

  2023: US$35.1M, International Purchases

In 2023, the trade exchange (includes international purchases and sales) of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented was US$54.7M.

In 2023, the states with the most international sales in Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Nuevo León (US$11.6M) and Baja California (US$7.76M).

The states with the most international purchases in 2023 were Ciudad de México (US$16.9M), Estado de México (US$3.13M), Baja California (US$2.53M), Jalisco (US$1.39M), and Nuevo León (US$1.27M).

In 2023, the main commercial destinations of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were United States (US$11.2M), Brazil (US$5.55M), Canada (US$1.29M), Colombia (US$681k), and Japan (US$414k).

The main commercial origins of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented in 2023 were United States (US$15.4M), China (US$5.22M), Poland (US$2.35M), Germany (US$1.45M), and Japan (US$373k).

In the global context, the main exporting countries of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented in 2022 were Germany (US$166M), France (US$123M), and China (US$90M). In the same year, the main importing countries of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Spain (US$92.1M), China (US$82.2M), and Hungary (US$56.3M).

Trade Balance of Mexico

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Net Trade Balance

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US$54.7M, Total Trade Exchange (2023)

In 2023, the total trade exchange of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented in Mexico (including international purchases and sales) was US$54.7M.

The visualizations show the net balance of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented 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$2.7M, International Purchases
  • US$2.21M, International Sales

In July 2024, international sales of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were US$2.21M, while international purchases reached US$2.7M. The above results in a trade balance of -US$496k.

Market Concentration

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2024-Q3: US$1.11M, International Sales

The visualization shows the quarterly concentration of international sales of Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented at state level.

In the third quarter of 2024, international sales were US$1.11M, being the states with the most sales Nuevo León (US$1.11M).

Exchange by Territory

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International Sales

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Nuevo León: US$11.6M, State with the Most International Sales (2023)

United States: US$11.2M, Main commercial destination (2023)

In 2023, the states with the highest international sales in Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Nuevo León (US$11.6M) and Baja California (US$7.76M).

In 2023, the countries with the most international purchases from Mexico were United States (US$11.2M), Brazil (US$5.55M), Canada (US$1.29M), Colombia (US$681k), and Japan (US$414k).

International Purchases

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Ciudad de México: US$16.9M, State with the Most International Purchases (2023)

United States: US$15.4M, Main Commercial Origin (2023)

In 2023, the states with the highest international in Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Ciudad de México (US$16.9M), Estado de México (US$3.13M), Baja California (US$2.53M), Jalisco (US$1.39M), and Nuevo León (US$1.27M).

The countries with the most international sales to Mexico in 2023 were United States (US$15.4M), China (US$5.22M), Poland (US$2.35M), Germany (US$1.45M), and Japan (US$373k).

Specialization

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Specialization by State

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The RCA-Complexity  diagram compares the Revelead Comparative Advantages of states in Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented  and the Economic Complexity Index of each state.

RCA values ​​greater than 1 indicate that the state has comparative advantages in Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented. 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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  • 0.42%, Mexican share in global exports - 2022
  • 2.88%, Mexican share in global imports - 2022

The visualizations show the global market for Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented. 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 Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Germany (US$166M), France (US$123M), and China (US$90M). In the same year, the main importing countries for Steel Flat Products Silicon Call. "Magnetic" "Silicon Electrical Steel" Width <600Mm, Rolled Hot or Cold, Grain Oriented were Spain (US$92.1M), China (US$82.2M), and Hungary (US$56.3M).