Flat-Rolled Products of Iron or Non-Alloy

Código 7208 (Harmonized System 2012 by 4 digits)

 2021: US$3.12B, Total Trade Exchange

2021: US$581M, International Sales

  2021: US$2.54B, International Purchases

In 2021, the trade exchange (includes international purchases and sales) of Flat-Rolled Products of Iron or Non-Alloy was US$3.12B.

In 2021, the states with the most international sales in Flat-Rolled Products of Iron or Non-Alloy were Nuevo León (US$535M), Coahuila de Zaragoza (US$33.9M), Baja California (US$8.37M), Ciudad de México (US$864k), and Estado de México (US$821k).

The states with the most international purchases in 2021 were Nuevo León (US$834M), Guanajuato (US$401M), Ciudad de México (US$299M), Baja California (US$148M), and Coahuila de Zaragoza (US$138M).

In 2021, the main commercial destinations of Flat-Rolled Products of Iron or Non-Alloy were United States (US$510M), Uruguay (US$24.1M), Italy (US$20.4M), El Salvador (US$8.01M), and Colombia (US$5.62M).

The main commercial origins of Flat-Rolled Products of Iron or Non-Alloy in 2021 were United States (US$905M), Japan (US$501M), South Korea (US$290M), Vietnam (US$181M), and Netherlands (US$143M).

In the global context, the main exporting countries of Flat-Rolled Products of Iron or Non-Alloy in 2020 were Japan (US$7.19B), South Korea (US$4.8B), and India (US$3.16B). In the same year, the main importing countries of Flat-Rolled Products of Iron or Non-Alloy were China (US$4.12B), Vietnam (US$3.36B), and Italy (US$2.42B).

Trade Balance of Mexico

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Net Trade Balance

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US$3.12B, Total Trade Exchange (2021)

In 2021, the total trade exchange of Flat-Rolled Products of Iron or Non-Alloy in Mexico (including international purchases and sales) was US$3.12B.

The visualizations show the net balance of Flat-Rolled Products of Iron or Non-Alloy 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$201M, International Purchases
  • US$77.6M, International Sales

In May 2022, international sales of Flat-Rolled Products of Iron or Non-Alloy were US$77.6M, while international purchases reached US$201M. The above results in a trade balance of -US$123M.

Market Concentration

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2022-Q2: US$140M, International Sales

The visualization shows the quarterly concentration of international sales of Flat-Rolled Products of Iron or Non-Alloy at state level.

In the second quarter of 2022, international sales were US$140M, being the states with the most sales Nuevo León (US$126M), Coahuila de Zaragoza (US$13.1M), and Guanajuato (US$991k).

Exchange by Territory

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International Sales

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Nuevo León: US$535M, State with the Most International Sales (2021)

United States: US$510M, Main commercial destination (2021)

In 2021, the states with the highest international sales in Flat-Rolled Products of Iron or Non-Alloy were Nuevo León (US$535M), Coahuila de Zaragoza (US$33.9M), Baja California (US$8.37M), Ciudad de México (US$864k), and Estado de México (US$821k).

In 2021, the countries with the most international purchases from Mexico were United States (US$510M), Uruguay (US$24.1M), Italy (US$20.4M), El Salvador (US$8.01M), and Colombia (US$5.62M).

International Purchases

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Nuevo León: US$834M, State with the Most International Purchases (2021)

United States: US$905M, Main Commercial Origin (2021)

In 2021, the states with the highest international in Flat-Rolled Products of Iron or Non-Alloy were Nuevo León (US$834M), Guanajuato (US$401M), Ciudad de México (US$299M), Baja California (US$148M), and Coahuila de Zaragoza (US$138M).

The countries with the most international sales to Mexico in 2021 were United States (US$905M), Japan (US$501M), South Korea (US$290M), Vietnam (US$181M), and Netherlands (US$143M).

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  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. 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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  • 0.086%, Mexican share in global exports - 2020
  • 3.23%, Mexican share in global imports - 2020

The visualizations show the global market for Flat-Rolled Products of Iron or Non-Alloy. 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 were Japan (US$7.19B), South Korea (US$4.8B), and India (US$3.16B). In the same year, the main importing countries for Flat-Rolled Products of Iron or Non-Alloy were China (US$4.12B), Vietnam (US$3.36B), and Italy (US$2.42B).