ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm

Código 720927 (Harmonized System 2012 by 6 digits)

 2024: US$6.8M, Total Trade Exchange

2024: US$65.2k, International Sales

  2024: US$6.73M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm was US$6.8M.

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Nuevo León (US$26.7k).

The states with the most international purchases in 2024 were Tamaulipas (US$4.46M), Jalisco (US$791k), Baja California (US$755k), Nuevo León (US$326k), and Chihuahua (US$119k).

In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were United States (US$14.7k), Cuba (US$6.64k), and South Korea (US$5.28k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in 2024 were United States (US$5.81M), China (US$234k), South Korea (US$160k), Italy (US$64.8k), and Australia (US$30.9k).

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in 2022 were China (US$104M), Netherlands (US$101M), and South Korea (US$47M). 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Germany (US$66.3M), France (US$41.6M), and Belgium (US$35.6M).

Trade Balance of Mexico

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Net Trade Balance

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US$6.8M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm in Mexico (including international purchases and sales) was US$6.8M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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$564k, International Purchases
  • US$42.2k, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were US$42.2k, while international purchases reached US$564k. The above results in a trade balance of -US$521k.

Exchange by Territory

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International Sales

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Nuevo León: US$26.7k, State with the Most International Sales (2024)

United States: US$14.7k, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Nuevo León (US$26.7k).

In 2024, the countries with the most international purchases from Mexico were United States (US$14.7k), Cuba (US$6.64k), and South Korea (US$5.28k).

International Purchases

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Tamaulipas: US$4.46M, State with the Most International Purchases (2024)

United States: US$5.81M, 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Tamaulipas (US$4.46M), Jalisco (US$791k), Baja California (US$755k), Nuevo León (US$326k), and Chihuahua (US$119k).

The countries with the most international sales to Mexico in 2024 were United States (US$5.81M), China (US$234k), South Korea (US$160k), Italy (US$64.8k), and Australia (US$30.9k).

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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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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  • 0.14%, Mexican share in global exports - 2022
  • 1.61%, 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, not in Coils, Cold-Rolled, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were China (US$104M), Netherlands (US$101M), and South Korea (US$47M). 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, Plated or Coated, of a Thickness> = 0,5 Mm but <= 1 Mm were Germany (US$66.3M), France (US$41.6M), and Belgium (US$35.6M).