Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm
Código 7210 (Harmonized System 2012 by 4 digits)
2022: US$3.81B, Total Trade Exchange
2022: US$1.19B, International Sales
2022: US$2.62B, International Purchases
In 2022, 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$3.81B.
In 2022, 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$1B), Tamaulipas (US$71.3M), Chihuahua (US$43.9M), San Luis Potosí (US$18.6M), and Estado de México (US$14.7M).
The states with the most international purchases in 2022 were Nuevo León (US$660M), Ciudad de México (US$501M), Estado de México (US$313M), Baja California (US$308M), and San Luis Potosí (US$154M).
In 2022, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were United States (US$880M), Argentina (US$111M), Guatemala (US$47.3M), Uruguay (US$33.6M), and Puerto Rico (US$23.6M).
The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm in 2022 were United States (US$769M), Japan (US$485M), South Korea (US$437M), China (US$346M), and India (US$81.4M).
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
#permalink to sectionNet Trade Balance
#permalink to sectionUS$3.81B, Total Trade Exchange (2022)
In 2022, 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$3.81B.
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
#permalink to sectionDecember, 2022
- US$167M, International Purchases
- US$58.3M, International Sales
In December 2022, international sales of Flat-Rolled Products of Iron or Non-Alloy Steel of a Width Exceeding 600 Mm were US$58.3M, while international purchases reached US$167M. The above results in a trade balance of -US$109M.
Market Concentration
#permalink to section2022-Q4: US$217M, 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 fourth quarter of 2022, international sales were US$217M, being the states with the most sales Nuevo León (US$185M), Chihuahua (US$15.7M), and Tamaulipas (US$9.55M).
Exchange by Territory
#permalink to sectionInternational Sales
#permalink to sectionNuevo León: US$1B, State with the Most International Sales (2022)
United States: US$880M, Main commercial destination (2022)
In 2022, 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$1B), Tamaulipas (US$71.3M), Chihuahua (US$43.9M), San Luis Potosí (US$18.6M), and Estado de México (US$14.7M).
In 2022, the countries with the most international purchases from Mexico were United States (US$880M), Argentina (US$111M), Guatemala (US$47.3M), Uruguay (US$33.6M), and Puerto Rico (US$23.6M).
International Purchases
#permalink to sectionNuevo León: US$660M, State with the Most International Purchases (2022)
United States: US$769M, Main Commercial Origin (2022)
In 2022, 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$660M), Ciudad de México (US$501M), Estado de México (US$313M), Baja California (US$308M), and San Luis Potosí (US$154M).
The countries with the most international sales to Mexico in 2022 were United States (US$769M), Japan (US$485M), South Korea (US$437M), China (US$346M), and India (US$81.4M).
Specialization
#permalink to sectionSpecialization by State
#permalink to sectionThe 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.
Global Market
#permalink to sectionOrigins and Trade Destinations
#permalink to section- 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).