# Mexico HS 340420 exports | Yugalinks

Explore reported HS 340420 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 340420 |
| Latest exports | $7.2M |
| Active destinations | 28 |
| Three-year growth | -20.3% |
| Destination HHI | 973 |
| Weighted share | 8% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $1.3M; share 3.5%; growth -35.2%
- China: $641.3K; share 1.9%; growth +6.9%
- Italy: $370.2K; share 0.8%; growth +81.6%
- Spain: $320.4K; share 1.2%; growth +4.8%

## Price intelligence

- Highest reported market price: Uruguay at $51.5K / ton.
- Lowest reported market price: Netherlands at $1.0K / ton.
- Median reported price: $2.6K / ton.
- Price spread: 1,923.2%.

## Export history

- 2010: $17.3M
- 2011: $25.1M
- 2012: $24.5M
- 2013: $23.0M
- 2014: $26.9M
- 2015: $23.5M
- 2016: $19.9M
- 2017: $14.2M
- 2018: $14.3M
- 2019: $16.4M
- 2020: $11.3M
- 2021: $10.1M
- 2022: $13.1M
- 2023: $9.3M
- 2024: $5.1M

## 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/mex/340420",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/340420",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/340420",
    "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": "340420",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 81,
    "current_lane_count": 28,
    "active_market_count": 28,
    "exports_latest_observed_lanes_usd": 7246767.296977449,
    "exports_current_2024_usd": 5127677.262899118,
    "exports_avg_3y_usd": 9177316.226872878,
    "exports_avg_5y_usd": 9804994.058223484,
    "exports_avg_10y_usd": 13738992.450818669,
    "exports_cagr_3y_pct": -20.339565661303418,
    "exports_cagr_5y_pct": -20.769733207995124,
    "exports_cagr_10y_pct": -15.276667744081218,
    "exports_all_year_lane_avg_usd": 15129612.658193277,
    "exports_historical_lane_peak_usd": 41670534.31297248,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -5.0628979172222,
    "trend_label": "Rapid decline",
    "top_market_iso3": "BRA",
    "top_market_exports_usd": 1443047.946745879,
    "top_market_share_pct": 19.912988614216427,
    "destination_hhi": 972.9876945630225,
    "weighted_share_latest_pct": 8.036426480463415,
    "weighted_share_change_1y_pp": -0.6532630195620585,
    "weighted_volatility_cv": 0.8505706066372479,
    "weighted_max_drawdown_pct": 79.72239466603587,
    "limited_history_lane_share_pct": 41.97530864197531,
    "data_freshness_years": 0,
    "coverage_score": 94,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 340420,
      "hs_description": "Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol)",
      "hs_chapter": 34,
      "hs_heading": 3404,
      "substitution_elasticity": -14.214923,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol)",
    "hs_chapter": 34,
    "hs_heading": 3404,
    "destinations": [
      {
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        "corridor_rank": 62,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
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        "exports_all_year_avg_usd": 7401590.961045847,
        "exports_avg_3y_usd": 3113924.823314348,
        "exports_avg_5y_usd": 3819065.071649381,
        "exports_avg_10y_usd": 7691719.2853581635,
        "exports_cagr_3y_pct": -35.161689479255266,
        "exports_cagr_5y_pct": -34.17640090612897,
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        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 3.500979696107451,
        "market_share_change_1y_pp": -3.835362974803412,
        "peer_best_share_pct": 37.47815767124725,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2454.49,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 0.7199291643446095,
        "max_drawdown_pct": 92.51214616099497,
        "attention_level": "Watch",
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        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "importer_iso3": "CHN",
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        "exports_avg_10y_usd": 223119.5694130485,
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        "exports_cagr_10y_pct": 240.952987166161,
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        "buyer_market_hhi": 2851.37,
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        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878777,
        "tariff_advantage_pp": null,
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        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','long_distance_without_fta']",
        "signal_flag": "Accelerating",
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        "importer_iso3": "ITA",
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        "has_reported_fta": 1,
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        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Slowing",
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        "importer_iso3": "ESP",
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        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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    ],
    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 340420,
      "num_markets": 42,
      "highest_price_importer_iso3": "URY",
      "highest_price_usd_per_ton": 51500,
      "lowest_price_importer_iso3": "NLD",
      "lowest_price_usd_per_ton": 1000,
      "median_price_across_markets": 2625.8169934640523,
      "price_spread_pct": 1923.2109520846298,
      "avg_quantity_metric_tons": 226.1993120567376,
      "total_trade_value_usd": 68507185
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 17289526.056560073,
        "active_destinations": 31,
        "yoy_growth_pct": 26.495779271345853
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      {
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        "yoy_growth_pct": 45.26216787017417
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        "export_value_usd": 24487901.926186953,
        "active_destinations": 35,
        "yoy_growth_pct": -2.497451453402934
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      {
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      {
        "year": 2014,
        "export_value_usd": 26908556.197803523,
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      {
        "year": 2015,
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        "year": 2016,
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      {
        "year": 2019,
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      "yoy_imports_growth_pct": 4.539966330487455,
      "exports_cagr_3y_pct": 8.1357749655393,
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      "momentum_score": 5.92320841246738,
      "risk_score": 31.517832738734278,
      "gdp_million_usd": 1856365.616165938,
      "gdp_per_capita_usd": 14185.781224852855,
      "population": 130861007,
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      "investment_rate_pct": 23.54,
      "savings_rate_pct": 22.5,
      "secondary_education_pct": 77.44,
      "tertiary_education_pct": 22.98,
      "total_factor_productivity": 945.72,
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      "exports_gdp_pct": 38.665693158757705,
      "num_active_partners": 270,
      "num_fta_partners": 55,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 10366.189300411523,
      "avg_partner_gdp_million_usd": 533678518.3258193,
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      "avg_buyer_biz_entry_days": null,
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      "pct_partners_with_fta": 20.37037037037037,
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      "avg_applied_tariff_pct": 0.13207400190101434,
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      "avg_distance_all_partners_km": 10170.651370893407,
      "num_border_partners": 80,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.815204304112626,
      "pct_products_high_elasticity": 75.78972182932579,
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      "foreign_market_potential": 10079.648494044446
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    "countryMap": {}
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  "product": {
    "hs_code": "340420",
    "hs_description": "Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol)",
    "hs_chapter": 34,
    "hs_heading": 3404
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  "destinations": [
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      "corridor_rank": 62,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
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      "exports_latest_observed_usd": 1267636.9286770772,
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      "exports_avg_3y_usd": 3113924.823314348,
      "exports_avg_5y_usd": 3819065.071649381,
      "exports_avg_10y_usd": 7691719.2853581635,
      "exports_cagr_3y_pct": -35.161689479255266,
      "exports_cagr_5y_pct": -34.17640090612897,
      "exports_cagr_10y_pct": -22.54327284583635,
      "exports_historical_peak_usd": 16929242.422893215,
      "buyer_imports_latest_observed_usd": 36208062.84842194,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 58.62068965517241,
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      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -10.5618,
      "buyer_yoy_all_avg_pct": 13.3802,
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      "market_share_change_1y_pp": -3.835362974803412,
      "peer_best_share_pct": 37.47815767124725,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2454.49,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 0.7199291643446095,
      "max_drawdown_pct": 92.51214616099497,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 340420,
      "corridor_rank": 76,
      "exporter_iso3": "MEX",
      "importer_iso3": "CHN",
      "latest_data_year": 2023,
      "lane_data_years": 18,
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  "prices": [],
  "priceSummary": {
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    "num_markets": 42,
    "highest_price_importer_iso3": "URY",
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}
```