Exports In 2022, Mexico exported $6.18B in Iron & steel, making it the 26th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 13th most exported product in Mexico. The main destination of Iron & steel exports from Mexico are: United States ($4.77B), Colombia ($326M), Guatemala ($242M), Canada ($212M), and Dominican Republic ($127M).
The fastest growing export markets for Iron & steel of Mexico between 2021 and 2022 were United States ($734M), Dominican Republic ($125M), and Guatemala ($114M).
Imports In 2022, Mexico imported $15.9B in Iron & steel, becoming the 9th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 6th most imported product in Mexico. Mexico imports Iron & steel primarily from: United States ($6.84B), South Korea ($2.16B), Japan ($1.72B), China ($1.26B), and Brazil ($874M).
The fastest growing import markets in Iron & steel for Mexico between 2021 and 2022 were United States ($1.12B), China ($450M), and Brazil ($122M).
COMPANIES In 2023, leading companies such as Nissan (21), ZF Friedrichshafen (9), and General Motors (7) were at the forefront of shipping Iron & steel from Mexico to the United States.