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> = 4,75 Mm but <= 10 Mm

Código 720837 (Harmonized System 2012 by 6 digits)

 2024: US$344M, Total Trade Exchange

2024: US$105M, International Sales

  2024: US$239M, 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> = 4,75 Mm but <= 10 Mm was US$344M.

In 2024, 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> = 4,75 Mm but <= 10 Mm were Nuevo León (US$105M).

The states with the most international purchases in 2024 were Nuevo León (US$89.4M), Ciudad de México (US$38M), Baja California (US$29.4M), Guanajuato (US$19.1M), and Estado de México (US$6.47M).

In 2024, 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> = 4,75 Mm but <= 10 Mm were United States (US$105M) and Guatemala (US$38.4k).

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> = 4,75 Mm but <= 10 Mm in 2024 were Japan (US$39.3M), South Korea (US$37.5M), United States (US$32.9M), Vietnam (US$32M), and Netherlands (US$22.6M).

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> = 4,75 Mm but <= 10 Mm in 2022 were China (US$1.12B), Japan (US$663M), and South Korea (US$656M). 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> = 4,75 Mm but <= 10 Mm were Italy (US$1.06B), United States (US$940M), and Vietnam (US$619M).

Trade Balance of Mexico

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Net Trade Balance

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US$344M, 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> = 4,75 Mm but <= 10 Mm in Mexico (including international purchases and sales) was US$344M.

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> = 4,75 Mm but <= 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

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March, 2025

  • US$10M, International Purchases
  • US$10.9M, International Sales

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> = 4,75 Mm but <= 10 Mm were US$10.9M, while international purchases reached US$10M. The above results in a trade balance of US$901k.

Market Concentration

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2025-Q1: US$33.3M, International Sales

The visualization shows the quarterly concentration of 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> = 4,75 Mm but <= 10 Mm at state level.

In the first quarter of 2025, international sales were US$33.3M, being the states with the most sales Nuevo León (US$33.3M).

Exchange by Territory

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International Sales

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Nuevo León: US$105M, State with the Most International Sales (2024)

United States: US$105M, 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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> = 4,75 Mm but <= 10 Mm were Nuevo León (US$105M).

In 2024, the countries with the most international purchases from Mexico were United States (US$105M) and Guatemala (US$38.4k).

International Purchases

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Nuevo León: US$89.4M, State with the Most International Purchases (2024)

Japan: US$39.3M, 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> = 4,75 Mm but <= 10 Mm were Nuevo León (US$89.4M), Ciudad de México (US$38M), Baja California (US$29.4M), Guanajuato (US$19.1M), and Estado de México (US$6.47M).

The countries with the most international sales to Mexico in 2024 were Japan (US$39.3M), South Korea (US$37.5M), United States (US$32.9M), Vietnam (US$32M), and Netherlands (US$22.6M).

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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness> = 4,75 Mm but <= 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> = 4,75 Mm but <= 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

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  • 4.35%, Mexican share in global exports - 2022
  • 2.74%, 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> = 4,75 Mm but <= 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> = 4,75 Mm but <= 10 Mm were China (US$1.12B), Japan (US$663M), and South Korea (US$656M). 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> = 4,75 Mm but <= 10 Mm were Italy (US$1.06B), United States (US$940M), and Vietnam (US$619M).