ProceduresGovernment

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

Código 720926 (Harmonized System 2012 by 6 digits)

 2024: US$22.9M, Total Trade Exchange

2024: US$672k, International Sales

  2024: US$22.2M, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm was US$22.9M.

In 2024, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$201k), Chihuahua (US$172k), Baja California (US$153k), Tamaulipas (US$32.2k), and Sonora (US$16.4k).

The states with the most international purchases in 2024 were Baja California (US$10.2M), Tamaulipas (US$4.38M), Chihuahua (US$2.88M), Sonora (US$1.77M), and Nuevo León (US$722k).

In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were United States (US$563k), Panama (US$5.51k), Cuba (US$5.42k), and China (US$229).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2024 were United States (US$19.1M), Australia (US$337k), South Korea (US$238k), China (US$217k), and Brazil (US$202k).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in 2022 were Germany (US$84.4M), Italy (US$60.1M), and China (US$56.4M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$70.1M), Czech Republic (US$61.5M), and Hungary (US$40.8M).

Trade Balance of Mexico

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Net Trade Balance

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US$22.9M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm in Mexico (including international purchases and sales) was US$22.9M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not 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$2.62M, International Purchases
  • US$15.9k, International Sales

In March 2025, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were US$15.9k, while international purchases reached US$2.62M. The above results in a trade balance of -US$2.6M.

Market Concentration

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2025-Q1: US$12.3k, International Sales

The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm at state level.

In the first quarter of 2025, international sales were US$12.3k, being the states with the most sales Baja California (US$12.3k).

Exchange by Territory

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International Sales

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Nuevo León: US$201k, State with the Most International Sales (2024)

United States: US$563k, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Nuevo León (US$201k), Chihuahua (US$172k), Baja California (US$153k), Tamaulipas (US$32.2k), and Sonora (US$16.4k).

In 2024, the countries with the most international purchases from Mexico were United States (US$563k), Panama (US$5.51k), Cuba (US$5.42k), and China (US$229).

International Purchases

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Baja California: US$10.2M, State with the Most International Purchases (2024)

United States: US$19.1M, 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Baja California (US$10.2M), Tamaulipas (US$4.38M), Chihuahua (US$2.88M), Sonora (US$1.77M), and Nuevo León (US$722k).

The countries with the most international sales to Mexico in 2024 were United States (US$19.1M), Australia (US$337k), South Korea (US$238k), China (US$217k), and Brazil (US$202k).

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, not 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, not 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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  • 0.095%, Mexican share in global exports - 2022
  • 3.47%, 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, not 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, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$84.4M), Italy (US$60.1M), and China (US$56.4M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, not Clad, a Thickness Of> 1 Mm but <3 Mm were Germany (US$70.1M), Czech Republic (US$61.5M), and Hungary (US$40.8M).