# Iceland HS 720429 exports | Yugalinks

Explore reported HS 720429 exports from Iceland: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Iceland |
| HS6 | 720429 |
| Latest exports | $2.4M |
| Active destinations | 6 |
| Three-year growth | -38.5% |
| Destination HHI | 2,601 |
| Weighted share | 1.5% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: United Kingdom at $6.7K / ton.
- Lowest reported market price: Denmark at $0.7 / ton.
- Median reported price: $395.0 / ton.
- Price spread: 1,707.3%.

## Export history

- 2010: $3.2K
- 2011: $2.8M
- 2012: $849.8K
- 2013: $644.2K
- 2014: $560.6K
- 2015: $699.3K
- 2016: $1.0M
- 2017: $1.6M
- 2018: $4.8M
- 2019: $4.8M
- 2020: $3.1M
- 2021: $4.3M
- 2022: $2.2M
- 2023: $2.0M
- 2024: $1.0M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/isl/720429",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720429",
    "exporter": "https://www.yugalinks.com/trade/exporter/isl/720429",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "720429",
    "exporter_iso3": "ISL",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 18,
    "current_lane_count": 6,
    "active_market_count": 6,
    "exports_latest_observed_lanes_usd": 2420099.2404024582,
    "exports_current_2024_usd": 1005744.0890574266,
    "exports_avg_3y_usd": 1737319.8160235342,
    "exports_avg_5y_usd": 2532351.3243149393,
    "exports_avg_10y_usd": 2556958.0643895245,
    "exports_cagr_3y_pct": -38.48302471048496,
    "exports_cagr_5y_pct": -26.819903940664858,
    "exports_cagr_10y_pct": 6.019091153176848,
    "exports_all_year_lane_avg_usd": 3324368.7920548073,
    "exports_historical_lane_peak_usd": 8894372.094818056,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": -44.50211586366181,
    "trend_label": "Rapid decline",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 837502.7344276718,
    "top_market_share_pct": 34.60613186624514,
    "destination_hhi": 2600.5087412721173,
    "weighted_share_latest_pct": 1.50184648067608,
    "weighted_share_change_1y_pp": 0.23000148606934484,
    "weighted_volatility_cv": 0.666933712686125,
    "weighted_max_drawdown_pct": 35.350264696093184,
    "limited_history_lane_share_pct": 66.66666666666667,
    "data_freshness_years": 0,
    "coverage_score": 70,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:02",
    "source": "api",
    "product": {
      "hs_code": 720429,
      "hs_description": "Ferrous waste and scrap: of alloy steel (excluding stainless)",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -22.737358,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: of alloy steel (excluding stainless)",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ISL",
      "hs_code": 720429,
      "num_markets": 8,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 6744.733009708737,
      "lowest_price_importer_iso3": "DNK",
      "lowest_price_usd_per_ton": 0.7314559297802308,
      "median_price_across_markets": 395.01340816554,
      "price_spread_pct": 1707.2842122241882,
      "avg_quantity_metric_tons": 2603.5846666666666,
      "total_trade_value_usd": 20087572
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 3171.3419145575135,
        "active_destinations": 4,
        "yoy_growth_pct": -95.76676958434935
      },
      {
        "year": 2011,
        "export_value_usd": 2771893.152222342,
        "active_destinations": 7,
        "yoy_growth_pct": 87304.42459068923
      },
      {
        "year": 2012,
        "export_value_usd": 849830.6457641358,
        "active_destinations": 7,
        "yoy_growth_pct": -69.34114703942353
      },
      {
        "year": 2013,
        "export_value_usd": 644169.2968095753,
        "active_destinations": 3,
        "yoy_growth_pct": -24.200274487587762
      },
      {
        "year": 2014,
        "export_value_usd": 560591.7725135308,
        "active_destinations": 4,
        "yoy_growth_pct": -12.97446567385081
      },
      {
        "year": 2015,
        "export_value_usd": 699272.0467923714,
        "active_destinations": 3,
        "yoy_growth_pct": 24.73819293798026
      },
      {
        "year": 2016,
        "export_value_usd": 1007182.5058706745,
        "active_destinations": 4,
        "yoy_growth_pct": 44.03299981612566
      },
      {
        "year": 2017,
        "export_value_usd": 1605927.581834344,
        "active_destinations": 6,
        "yoy_growth_pct": 59.44752539621159
      },
      {
        "year": 2018,
        "export_value_usd": 4803377.853650285,
        "active_destinations": 5,
        "yoy_growth_pct": 199.10301734550862
      },
      {
        "year": 2019,
        "export_value_usd": 4792064.034172878,
        "active_destinations": 4,
        "yoy_growth_pct": -0.23553881918345074
      },
      {
        "year": 2020,
        "export_value_usd": 3129609.952270138,
        "active_destinations": 6,
        "yoy_growth_pct": -34.69181692998147
      },
      {
        "year": 2021,
        "export_value_usd": 4320187.221233956,
        "active_destinations": 7,
        "yoy_growth_pct": 38.04235310857839
      },
      {
        "year": 2022,
        "export_value_usd": 2188177.3171053994,
        "active_destinations": 5,
        "yoy_growth_pct": -49.3499423740159
      },
      {
        "year": 2023,
        "export_value_usd": 2018038.0419077766,
        "active_destinations": 4,
        "yoy_growth_pct": -7.775387938976045
      },
      {
        "year": 2024,
        "export_value_usd": 1005744.0890574266,
        "active_destinations": 6,
        "yoy_growth_pct": -50.16228296139382
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "ISL",
      "exports_usd": 7078787978.20623,
      "imports_usd": 9191919357.586174,
      "trade_balance_usd": -2113131379.3799438,
      "yoy_exports_growth_pct": 5.773157451071831,
      "yoy_imports_growth_pct": 3.012534217816465,
      "exports_cagr_3y_pct": 4.3350251229705705,
      "imports_cagr_3y_pct": 8.163147980449835,
      "export_partner_hhi": 1095.047760745892,
      "export_product_hhi": 616.5306594247563,
      "momentum_score": 5.341717752641452,
      "risk_score": 8.557892100853241,
      "gdp_million_usd": 33255.181468938186,
      "gdp_per_capita_usd": 86040.53098512879,
      "population": 386506,
      "labor_force": 209.95,
      "investment_rate_pct": 23.28,
      "savings_rate_pct": 24.42,
      "secondary_education_pct": 82.23,
      "tertiary_education_pct": 51.36,
      "total_factor_productivity": 2506.95,
      "trade_openness_pct": 75.74432831756863,
      "exports_gdp_pct": 32.95357906980619,
      "num_active_partners": 270,
      "num_fta_partners": 63,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 7355.238683127572,
      "avg_partner_gdp_million_usd": 533678518.3258194,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 23.333333333333332,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13363828408192496,
      "avg_mfn_tariff_pct": 0.1380490369755705,
      "avg_preferential_tariff_pct": 0.01362177526215086,
      "tariff_advantage_pp": 0.12442726171341964,
      "avg_distance_all_partners_km": 7291.424011981477,
      "num_border_partners": 0,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -8.990992248136562,
      "pct_products_high_elasticity": 69.55297430482224,
      "pct_products_low_elasticity": 3.4846884899683213,
      "real_market_potential": 92109.1816409224,
      "foreign_market_potential": 12725.130696772336
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "720429",
    "hs_description": "Ferrous waste and scrap: of alloy steel (excluding stainless)",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ISL",
    "hs_code": 720429,
    "num_markets": 8,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 6744.733009708737,
    "lowest_price_importer_iso3": "DNK",
    "lowest_price_usd_per_ton": 0.7314559297802308,
    "median_price_across_markets": 395.01340816554,
    "price_spread_pct": 1707.2842122241882,
    "avg_quantity_metric_tons": 2603.5846666666666,
    "total_trade_value_usd": 20087572
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  "history": [
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      "year": 2010,
      "export_value_usd": 3171.3419145575135,
      "active_destinations": 4,
      "yoy_growth_pct": -95.76676958434935
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    {
      "year": 2011,
      "export_value_usd": 2771893.152222342,
      "active_destinations": 7,
      "yoy_growth_pct": 87304.42459068923
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    {
      "year": 2012,
      "export_value_usd": 849830.6457641358,
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      "yoy_growth_pct": -69.34114703942353
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    {
      "year": 2013,
      "export_value_usd": 644169.2968095753,
      "active_destinations": 3,
      "yoy_growth_pct": -24.200274487587762
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    {
      "year": 2014,
      "export_value_usd": 560591.7725135308,
      "active_destinations": 4,
      "yoy_growth_pct": -12.97446567385081
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    {
      "year": 2015,
      "export_value_usd": 699272.0467923714,
      "active_destinations": 3,
      "yoy_growth_pct": 24.73819293798026
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    {
      "year": 2016,
      "export_value_usd": 1007182.5058706745,
      "active_destinations": 4,
      "yoy_growth_pct": 44.03299981612566
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    {
      "year": 2017,
      "export_value_usd": 1605927.581834344,
      "active_destinations": 6,
      "yoy_growth_pct": 59.44752539621159
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    {
      "year": 2018,
      "export_value_usd": 4803377.853650285,
      "active_destinations": 5,
      "yoy_growth_pct": 199.10301734550862
    },
    {
      "year": 2019,
      "export_value_usd": 4792064.034172878,
      "active_destinations": 4,
      "yoy_growth_pct": -0.23553881918345074
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    {
      "year": 2020,
      "export_value_usd": 3129609.952270138,
      "active_destinations": 6,
      "yoy_growth_pct": -34.69181692998147
    },
    {
      "year": 2021,
      "export_value_usd": 4320187.221233956,
      "active_destinations": 7,
      "yoy_growth_pct": 38.04235310857839
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    {
      "year": 2022,
      "export_value_usd": 2188177.3171053994,
      "active_destinations": 5,
      "yoy_growth_pct": -49.3499423740159
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    {
      "year": 2023,
      "export_value_usd": 2018038.0419077766,
      "active_destinations": 4,
      "yoy_growth_pct": -7.775387938976045
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    {
      "year": 2024,
      "export_value_usd": 1005744.0890574266,
      "active_destinations": 6,
      "yoy_growth_pct": -50.16228296139382
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  ],
  "economy": {
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    "country_iso3": "ISL",
    "exports_usd": 7078787978.20623,
    "imports_usd": 9191919357.586174,
    "trade_balance_usd": -2113131379.3799438,
    "yoy_exports_growth_pct": 5.773157451071831,
    "yoy_imports_growth_pct": 3.012534217816465,
    "exports_cagr_3y_pct": 4.3350251229705705,
    "imports_cagr_3y_pct": 8.163147980449835,
    "export_partner_hhi": 1095.047760745892,
    "export_product_hhi": 616.5306594247563,
    "momentum_score": 5.341717752641452,
    "risk_score": 8.557892100853241,
    "gdp_million_usd": 33255.181468938186,
    "gdp_per_capita_usd": 86040.53098512879,
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    "labor_force": 209.95,
    "investment_rate_pct": 23.28,
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    "secondary_education_pct": 82.23,
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    "total_factor_productivity": 2506.95,
    "trade_openness_pct": 75.74432831756863,
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    "num_active_partners": 270,
    "num_fta_partners": 63,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
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}
```