Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad
Código 7209 (Harmonized System 2012 by 4 digits)
2024: US$1.63B, Total Trade Exchange
2024: US$100M, International Sales
2024: US$1.53B, International Purchases
In 2024, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad was US$1.63B.
In 2024, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Nuevo León (US$96.4M), Ciudad de México (US$1.88M), Querétaro (US$442k), Sonora (US$361k), and Chihuahua (US$259k).
The states with the most international purchases in 2024 were Tamaulipas (US$337M), Nuevo León (US$326M), Guanajuato (US$271M), Ciudad de México (US$170M), and Estado de México (US$72.8M).
In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$98.9M), Guatemala (US$567k), Italy (US$103k), Puerto Rico (US$64.6k), and China (US$46.7k).
The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in 2024 were United States (US$499M), South Korea (US$372M), Japan (US$243M), Malaysia (US$60.8M), and Italy (US$51.5M).
In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in 2022 were South Korea (US$3.19B), China (US$2.85B), and Japan (US$1.76B). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$1.73B), Mexico (US$1.13B), and China (US$1.06B).
Trade Balance of Mexico
#permalink to sectionNet Trade Balance
#permalink to sectionUS$1.63B, Total Trade Exchange (2024)
In 2024, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad in Mexico (including international purchases and sales) was US$1.63B.
The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not 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 sectionDecember, 2024
- US$100M, International Purchases
- US$11.3M, International Sales
In December 2024, international sales of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were US$11.3M, while international purchases reached US$100M. The above results in a trade balance of -US$88.9M.
Market Concentration
#permalink to section2024-Q4: US$15.2M, International Sales
The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad at state level.
In the fourth quarter of 2024, international sales were US$15.2M, being the states with the most sales Nuevo León (US$15.2M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$96.4M, State with the Most International Sales (2024)
United States: US$98.9M, Main commercial destination (2024)
In 2024, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Nuevo León (US$96.4M), Ciudad de México (US$1.88M), Querétaro (US$442k), Sonora (US$361k), and Chihuahua (US$259k).
In 2024, the countries with the most international purchases from Mexico were United States (US$98.9M), Guatemala (US$567k), Italy (US$103k), Puerto Rico (US$64.6k), and China (US$46.7k).
International Purchases
#permalink to sectionTamaulipas: US$337M, State with the Most International Purchases (2024)
United States: US$499M, Main Commercial Origin (2024)
In 2024, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were Tamaulipas (US$337M), Nuevo León (US$326M), Guanajuato (US$271M), Ciudad de México (US$170M), and Estado de México (US$72.8M).
The countries with the most international sales to Mexico in 2024 were United States (US$499M), South Korea (US$372M), Japan (US$243M), Malaysia (US$60.8M), and Italy (US$51.5M).
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 Higher Width or 600 Mm, Cold-Rolled, not 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 Higher Width or 600 Mm, Cold-Rolled, not 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- 1.06%, Mexican share in global exports - 2022
- 5.73%, Mexican share in global imports - 2022
The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not 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 Higher Width or 600 Mm, Cold-Rolled, not Clad were South Korea (US$3.19B), China (US$2.85B), and Japan (US$1.76B). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Higher Width or 600 Mm, Cold-Rolled, not Clad were United States (US$1.73B), Mexico (US$1.13B), and China (US$1.06B).