ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm

Código 720836 (Harmonized System 2012 by 6 digits)

 2024: US$55.1M, Total Trade Exchange

2024: US$3.54M, International Sales

  2024: US$51.6M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm was US$55.1M.

In 2023, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were Nuevo León (US$7.35M).

The states with the most international purchases in 2024 were Nuevo León (US$27.4M), Ciudad de México (US$7.53M), and Estado de México (US$2.37M).

In 2023, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were United States (US$7.31M) and Guatemala (US$34.9k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm in 2024 were United States (US$14.8M), Netherlands (US$11.1M), Japan (US$3.19M), Vietnam (US$2.61M), and India (US$2.4M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm in 2022 were China (US$492M), Kazakhstan (US$371M), and Germany (US$336M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were Russia (US$365M), Italy (US$275M), and Saudi Arabia (US$156M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

US$55.1M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm in Mexico (including international purchases and sales) was US$55.1M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 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

#permalink to section

March, 2025: US$1.5M, International Purchases

In March 2025, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were US$0, while international purchases reached US$1.5M. The above results in a trade balance of -US$1.5M.

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Nuevo León: US$7.35M, State with the Most International Sales (2023)

United States: US$7.31M, 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, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were Nuevo León (US$7.35M).

In 2023, the countries with the most international purchases from Mexico were United States (US$7.31M) and Guatemala (US$34.9k).

International Purchases

#permalink to section

Nuevo León: US$27.4M, State with the Most International Purchases (2024)

United States: US$14.8M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were Nuevo León (US$27.4M), Ciudad de México (US$7.53M), and Estado de México (US$2.37M).

The countries with the most international sales to Mexico in 2024 were United States (US$14.8M), Netherlands (US$11.1M), Japan (US$3.19M), Vietnam (US$2.61M), and India (US$2.4M).

Specialization

#permalink to section

Specialization by State

#permalink to section

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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 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

#permalink to section

  • 0.07%, Mexican share in global exports - 2022
  • 1.89%, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were China (US$492M), Kazakhstan (US$371M), and Germany (US$336M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, in Coils, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> 10 Mm were Russia (US$365M), Italy (US$275M), and Saudi Arabia (US$156M).