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Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics)

Código 721250 (Harmonized System 2012 by 6 digits)

 2024: US$19.4M, Total Trade Exchange

2024: US$273k, International Sales

  2024: US$19.1M, International Purchases

In 2024, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) was US$19.4M.

In 2024, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were Tamaulipas (US$46.2k).

The states with the most international purchases in 2024 were Tamaulipas (US$6.17M), Chihuahua (US$1.25M), Estado de México (US$780k), Ciudad de México (US$701k), and Nuevo León (US$407k).

In 2024, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were United States (US$32.1k) and South Korea (US$14.1k).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) in 2024 were United States (US$7.67M), Germany (US$699k), Finland (US$492k), South Korea (US$476k), and Brazil (US$326k).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) in 2022 were China (US$165M), South Korea (US$146M), and Vietnam (US$127M). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were China (US$130M), Indonesia (US$107M), and Philippines (US$78.1M).

Trade Balance of Mexico

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Net Trade Balance

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US$19.4M, Total Trade Exchange (2024)

In 2024, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) in Mexico (including international purchases and sales) was US$19.4M.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) 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$1.81M, International Purchases

In March 2025, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were US$0, while international purchases reached US$1.81M. The above results in a trade balance of -US$1.81M.

Exchange by Territory

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International Sales

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Tamaulipas: US$46.2k, State with the Most International Sales (2024)

United States: US$32.1k, Main commercial destination (2024)

In 2024, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were Tamaulipas (US$46.2k).

In 2024, the countries with the most international purchases from Mexico were United States (US$32.1k) and South Korea (US$14.1k).

International Purchases

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Tamaulipas: US$6.17M, State with the Most International Purchases (2024)

United States: US$7.67M, Main Commercial Origin (2024)

In 2024, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were Tamaulipas (US$6.17M), Chihuahua (US$1.25M), Estado de México (US$780k), Ciudad de México (US$701k), and Nuevo León (US$407k).

The countries with the most international sales to Mexico in 2024 were United States (US$7.67M), Germany (US$699k), Finland (US$492k), South Korea (US$476k), and Brazil (US$326k).

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 <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics)  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 <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics). 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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  • 0.032%, Mexican share in global exports - 2022
  • 1.92%, Mexican share in global imports - 2022

The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics). 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 <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were China (US$165M), South Korea (US$146M), and Vietnam (US$127M). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel, Width <600Mm, Cold-Rolled or Hot, Coated (Exc. Tinned, Zinc-Coated, Painted, Varnished or Coated with Plastics) were China (US$130M), Indonesia (US$107M), and Philippines (US$78.1M).