Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm

Código 7210 (Harmonized System 2012 by 4 digits)

 2021: US$3.2B, Total Trade Exchange

2021: US$1.09B, International Sales

  2021: US$2.11B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm was US$3.2B.

In 2021, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were Nuevo León (US$901M), Guanajuato (US$97M), Tamaulipas (US$52.9M), Estado de México (US$12.9M), and Chihuahua (US$7.52M).

The states with the most international purchases in 2021 were Nuevo León (US$511M), Ciudad de México (US$429M), Baja California (US$267M), Guanajuato (US$256M), and Estado de México (US$162M).

In 2021, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were United States (US$915M), Argentina (US$72.9M), Guatemala (US$29.6M), Puerto Rico (US$14.7M), and Uruguay (US$10.5M).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm in 2021 were United States (US$537M), Japan (US$393M), Vietnam (US$355M), South Korea (US$314M), and China (US$156M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm in 2020 were China (US$10.5B), South Korea (US$5.28B), and Germany (US$2.75B). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were United States (US$3.1B), Germany (US$2.57B), and Thailand (US$2.01B).

Trade Balance of Mexico

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Net Trade Balance

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US$3.2B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm in Mexico (including international purchases and sales) was US$3.2B.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 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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May, 2022

  • US$262M, International Purchases
  • US$75.3M, International Sales

In May 2022, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were US$75.3M, while international purchases reached US$262M. The above results in a trade balance of -US$186M.

Market Concentration

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2022-Q2: US$164M, International Sales

The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm at state level.

In the second quarter of 2022, international sales were US$164M, being the states with the most sales Nuevo León (US$144M), Chihuahua (US$6.25M), and Tamaulipas (US$6.17M).

Exchange by Territory

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International Sales

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Nuevo León: US$901M, State with the Most International Sales (2021)

United States: US$915M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were Nuevo León (US$901M), Guanajuato (US$97M), Tamaulipas (US$52.9M), Estado de México (US$12.9M), and Chihuahua (US$7.52M).

In 2021, the countries with the most international purchases from Mexico were United States (US$915M), Argentina (US$72.9M), Guatemala (US$29.6M), Puerto Rico (US$14.7M), and Uruguay (US$10.5M).

International Purchases

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Nuevo León: US$511M, State with the Most International Purchases (2021)

United States: US$537M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were Nuevo León (US$511M), Ciudad de México (US$429M), Baja California (US$267M), Guanajuato (US$256M), and Estado de México (US$162M).

The countries with the most international sales to Mexico in 2021 were United States (US$537M), Japan (US$393M), Vietnam (US$355M), South Korea (US$314M), and China (US$156M).

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 of a Width Exceeding 600 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 of a Width Exceeding 600 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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  • 0.81%, Mexican share in global exports - 2020
  • 3.89%, Mexican share in global imports - 2020

The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm. In both charts, Mexico stands out in order to identify its participation in the export and import market.

In 2020, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were China (US$10.5B), South Korea (US$5.28B), and Germany (US$2.75B). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were United States (US$3.1B), Germany (US$2.57B), and Thailand (US$2.01B).