ProceduresGovernment

Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief

Código 720854 (Harmonized System 2012 by 6 digits)

 2024: US$22.9M, Total Trade Exchange

2024: US$860k, International Sales

  2024: US$22M, 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were Guanajuato (US$270k), Nuevo León (US$225k), Baja California (US$73.1k), and Chihuahua (US$1.95k).

The states with the most international purchases in 2024 were Ciudad de México (US$11.6M), Baja California (US$4.1M), Chihuahua (US$2.88M), Nuevo León (US$1.61M), and Sonora (US$737k).

In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were United States (US$276k), Japan (US$270k), El Salvador (US$17.6k), Puerto Rico (US$5.25k), and Guatemala (US$1.25k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief in 2024 were United States (US$20.9M), South Korea (US$317k), Brazil (US$261k), China (US$125k), and Japan (US$95k).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief in 2022 were China (US$147M), Kazakhstan (US$123M), and Turkey (US$57.3M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were Russia (US$110M), France (US$60.5M), and United States (US$43.1M).

Trade Balance of Mexico

#permalink to section

Net Trade Balance

#permalink to section

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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief 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$2.31M, International Purchases
  • US$90.4k, International Sales

In March 2025, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were US$90.4k, while international purchases reached US$2.31M. The above results in a trade balance of -US$2.22M.

Market Concentration

#permalink to section

2025-Q1: US$143k, 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief at state level.

In the first quarter of 2025, international sales were US$143k, being the states with the most sales Nuevo León (US$90.2k) and Baja California (US$53.2k).

Exchange by Territory

#permalink to section

International Sales

#permalink to section

Guanajuato: US$270k, State with the Most International Sales (2024)

United States: US$276k, 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were Guanajuato (US$270k), Nuevo León (US$225k), Baja California (US$73.1k), and Chihuahua (US$1.95k).

In 2024, the countries with the most international purchases from Mexico were United States (US$276k), Japan (US$270k), El Salvador (US$17.6k), Puerto Rico (US$5.25k), and Guatemala (US$1.25k).

International Purchases

#permalink to section

Ciudad de México: US$11.6M, State with the Most International Purchases (2024)

United States: US$20.9M, 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were Ciudad de México (US$11.6M), Baja California (US$4.1M), Chihuahua (US$2.88M), Nuevo León (US$1.61M), and Sonora (US$737k).

The countries with the most international sales to Mexico in 2024 were United States (US$20.9M), South Korea (US$317k), Brazil (US$261k), China (US$125k), and Japan (US$95k).

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, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief  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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief. 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

  • 0.73%, Mexican share in global exports - 2022
  • 2.17%, 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief. 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, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were China (US$147M), Kazakhstan (US$123M), and Turkey (US$57.3M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width> = 600 Mm, not in Coils, Hot-Rolled, not Clad, Thickness <3 Mm, without Patterns in Relief were Russia (US$110M), France (US$60.5M), and United States (US$43.1M).