ProceduresGovernment

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

Código 720916 (Harmonized System 2012 by 6 digits)

 2024: US$594M, Total Trade Exchange

2024: US$3.83M, International Sales

  2024: US$590M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm was US$594M.

In 2024, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$3.63M), Chihuahua (US$18.9k), and Tamaulipas (US$913).

The states with the most international purchases in 2024 were Nuevo León (US$109M), Guanajuato (US$107M), Tamaulipas (US$95.9M), Ciudad de México (US$71.3M), and Estado de México (US$43.7M).

In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$3.53M), Guatemala (US$117k), and China (US$2.28k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2024 were United States (US$196M), South Korea (US$134M), Japan (US$90.5M), Italy (US$34.7M), and Malaysia (US$29.2M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2022 were South Korea (US$1.22B), China (US$787M), and Belgium (US$612M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$641M), Germany (US$505M), and Mexico (US$438M).

Trade Balance of Mexico

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Net Trade Balance

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US$594M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in Mexico (including international purchases and sales) was US$594M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, 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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March, 2025

  • US$38.7M, International Purchases
  • US$10.5k, International Sales

In March 2025, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were US$10.5k, while international purchases reached US$38.7M. The above results in a trade balance of -US$38.7M.

Exchange by Territory

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International Sales

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Nuevo León: US$3.63M, State with the Most International Sales (2024)

United States: US$3.53M, Main commercial destination (2024)

In 2024, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$3.63M), Chihuahua (US$18.9k), and Tamaulipas (US$913).

In 2024, the countries with the most international purchases from Mexico were United States (US$3.53M), Guatemala (US$117k), and China (US$2.28k).

International Purchases

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Nuevo León: US$109M, State with the Most International Purchases (2024)

United States: US$196M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$109M), Guanajuato (US$107M), Tamaulipas (US$95.9M), Ciudad de México (US$71.3M), and Estado de México (US$43.7M).

The countries with the most international sales to Mexico in 2024 were United States (US$196M), South Korea (US$134M), Japan (US$90.5M), Italy (US$34.7M), and Malaysia (US$29.2M).

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, 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, 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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  • 0.82%, Mexican share in global exports - 2022
  • 6.61%, 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, 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, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were South Korea (US$1.22B), China (US$787M), and Belgium (US$612M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$641M), Germany (US$505M), and Mexico (US$438M).