Iron & steel in   Mexico

Exports In 2023, Mexico exported $4.3B in Iron & steel, making it the 30th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 15th most exported product in Mexico. The main destination of Iron & steel exports from Mexico are: United States ($3.64B), Guatemala ($155M), Canada ($119M), Colombia ($92M), and Argentina ($44M).

The fastest growing export markets for Iron & steel of Mexico between 2022 and 2023 were Chinese Taipei ($17.8M), Honduras ($13.4M), and India ($12.4M).

Imports In 2018, Mexico imported $14.6B in Iron & steel, becoming the 8th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 7th most imported product in Mexico. Mexico imports Iron & steel primarily from: United States ($7B), Japan ($1.73B), China ($1.27B), South Korea ($1.19B), and Brazil ($507M).

The fastest growing import markets in Iron & steel for Mexico between 2022 and 2023 were Japan ($186M), China ($128M), and Indonesia ($119M).

COMPANIES In 2024, leading companies such as Nissan (15), Schaeffler Group (10), and Volkswagen (3) were at the forefront of shipping Iron & steel from Mexico to the United States.