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 of <3 Mm

Código 720839 (Harmonized System 2012 by 6 digits)

 2024: US$393M, Total Trade Exchange

2024: US$38.1M, International Sales

  2024: US$355M, 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 of <3 Mm was US$393M.

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 of <3 Mm were Nuevo León (US$72.6M).

The states with the most international purchases in 2024 were Nuevo León (US$156M), Ciudad de México (US$56.8M), Guanajuato (US$28.7M), Estado de México (US$16.1M), and Chihuahua (US$11.5M).

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 of <3 Mm were United States (US$66.6M), Guatemala (US$6M), and China (US$15.5k).

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 of <3 Mm in 2024 were Japan (US$103M), Vietnam (US$93.1M), United States (US$82.1M), Australia (US$7.01M), and South Korea (US$3.95M).

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 of <3 Mm in 2022 were Japan (US$4.89B), China (US$3.78B), and Taiwan (Republic of China) (US$1.63B). 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 of <3 Mm were Vietnam (US$2.93B), Turkey (US$1.75B), and Italy (US$1.71B).

Trade Balance of Mexico

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Net Trade Balance

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US$393M, 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 of <3 Mm in Mexico (including international purchases and sales) was US$393M.

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 of <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$22.4M, International Purchases
  • US$3.26M, 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 of <3 Mm were US$3.26M, while international purchases reached US$22.4M. The above results in a trade balance of -US$19.1M.

Market Concentration

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2025-Q1: US$3.19M, 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 of <3 Mm at state level.

In the first quarter of 2025, international sales were US$3.19M, being the states with the most sales Nuevo León (US$3.19M).

Exchange by Territory

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International Sales

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Nuevo León: US$72.6M, State with the Most International Sales (2023)

United States: US$66.6M, 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 of <3 Mm were Nuevo León (US$72.6M).

In 2023, the countries with the most international purchases from Mexico were United States (US$66.6M), Guatemala (US$6M), and China (US$15.5k).

International Purchases

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Nuevo León: US$156M, State with the Most International Purchases (2024)

Japan: US$103M, 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 of <3 Mm were Nuevo León (US$156M), Ciudad de México (US$56.8M), Guanajuato (US$28.7M), Estado de México (US$16.1M), and Chihuahua (US$11.5M).

The countries with the most international sales to Mexico in 2024 were Japan (US$103M), Vietnam (US$93.1M), United States (US$82.1M), Australia (US$7.01M), and South Korea (US$3.95M).

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 of <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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness of <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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  • 1.46%, Mexican share in global exports - 2022
  • 0.65%, 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 of <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, Hot-Rolled, not Clad, without Patterns in Relief and Non-Pickled, of a Thickness of <3 Mm were Japan (US$4.89B), China (US$3.78B), and Taiwan (Republic of China) (US$1.63B). 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 of <3 Mm were Vietnam (US$2.93B), Turkey (US$1.75B), and Italy (US$1.71B).