# Mexico HS 401034 exports | Yugalinks

Explore reported HS 401034 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 401034 |
| Latest exports | $10.2M |
| Active destinations | 82 |
| Three-year growth | +8.4% |
| Destination HHI | 6,300 |
| Weighted share | 46.9% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $8.0M; share 54%; growth +10.5%

## Price intelligence

- Highest reported market price: Azerbaijan at $304.0K / ton.
- Lowest reported market price: United Rep. of Tanzania at $1.2K / ton.
- Median reported price: $26.7K / ton.
- Price spread: 1,131.9%.

## Export history

- 2010: $13.2M
- 2011: $11.7M
- 2012: $14.1M
- 2013: $13.1M
- 2014: $14.4M
- 2015: $14.0M
- 2016: $11.0M
- 2017: $10.2M
- 2018: $9.3M
- 2019: $8.6M
- 2020: $8.4M
- 2021: $8.0M
- 2022: $7.4M
- 2023: $7.6M
- 2024: $10.2M

## 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/401034",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401034",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/401034",
    "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": "401034",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 134,
    "current_lane_count": 82,
    "active_market_count": 82,
    "exports_latest_observed_lanes_usd": 10235986.175720539,
    "exports_current_2024_usd": 10222051.013338424,
    "exports_avg_3y_usd": 8393278.649064472,
    "exports_avg_5y_usd": 8313804.516942032,
    "exports_avg_10y_usd": 9465218.690607354,
    "exports_cagr_3y_pct": 8.362549097191497,
    "exports_cagr_5y_pct": 3.530368279262097,
    "exports_cagr_10y_pct": -3.3502416034304483,
    "exports_all_year_lane_avg_usd": 6711881.12193664,
    "exports_historical_lane_peak_usd": 16210156.064950198,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 11.712790700621944,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 7976901.195844343,
    "top_market_share_pct": 77.92997234370364,
    "destination_hhi": 6300.430087006081,
    "weighted_share_latest_pct": 46.89263152690279,
    "weighted_share_change_1y_pp": 10.713763793860602,
    "weighted_volatility_cv": 0.805149577652417,
    "weighted_max_drawdown_pct": 95.11530736059315,
    "limited_history_lane_share_pct": 26.865671641791046,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 401034,
      "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -7.5942802,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
        "hs_code": 401034,
        "corridor_rank": 1,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7976901.195844343,
        "exports_all_year_avg_usd": 5607133.863641033,
        "exports_avg_3y_usd": 6327158.051991166,
        "exports_avg_5y_usd": 6303691.863466965,
        "exports_avg_10y_usd": 7471435.803692597,
        "exports_cagr_3y_pct": 10.498706136600354,
        "exports_cagr_5y_pct": 3.5412162361971866,
        "exports_cagr_10y_pct": -4.690238822626669,
        "exports_historical_peak_usd": 13022598.153058294,
        "buyer_imports_latest_observed_usd": 14771904.955877492,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 15.188944959227022,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 8.4533,
        "buyer_yoy_all_avg_pct": 10.8156,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 54.00049092971228,
        "market_share_change_1y_pp": 13.232624885230294,
        "peer_best_share_pct": 54.00049092971228,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 3279.72,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 0.756529066880104,
        "max_drawdown_pct": 99.52986133482008,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 401034,
      "num_markets": 98,
      "highest_price_importer_iso3": "AZE",
      "highest_price_usd_per_ton": 304000,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 1238.095238095238,
      "median_price_across_markets": 26748.344370860927,
      "price_spread_pct": 1131.8902604369302,
      "avg_quantity_metric_tons": 13.828541916167666,
      "total_trade_value_usd": 52051726
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 13160029.375895752,
        "active_destinations": 47,
        "yoy_growth_pct": 43.01638432372904
      },
      {
        "year": 2011,
        "export_value_usd": 11685331.307545083,
        "active_destinations": 57,
        "yoy_growth_pct": -11.205887359581157
      },
      {
        "year": 2012,
        "export_value_usd": 14067418.97261337,
        "active_destinations": 66,
        "yoy_growth_pct": 20.385281361515194
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      {
        "year": 2013,
        "export_value_usd": 13100683.971807888,
        "active_destinations": 63,
        "yoy_growth_pct": -6.872156169426205
      },
      {
        "year": 2014,
        "export_value_usd": 14372433.793218846,
        "active_destinations": 79,
        "yoy_growth_pct": 9.707507059537571
      },
      {
        "year": 2015,
        "export_value_usd": 14018056.29143733,
        "active_destinations": 73,
        "yoy_growth_pct": -2.4656749641714613
      },
      {
        "year": 2016,
        "export_value_usd": 11003794.050682355,
        "active_destinations": 82,
        "yoy_growth_pct": -21.502711774642975
      },
      {
        "year": 2017,
        "export_value_usd": 10195955.326272627,
        "active_destinations": 86,
        "yoy_growth_pct": -7.341456234903203
      },
      {
        "year": 2018,
        "export_value_usd": 9271281.474265276,
        "active_destinations": 72,
        "yoy_growth_pct": -9.069026122786948
      },
      {
        "year": 2019,
        "export_value_usd": 8594077.178705798,
        "active_destinations": 81,
        "yoy_growth_pct": -7.304322465445842
      },
      {
        "year": 2020,
        "export_value_usd": 8355767.883844877,
        "active_destinations": 77,
        "yoy_growth_pct": -2.772948042070171
      },
      {
        "year": 2021,
        "export_value_usd": 8033418.753671871,
        "active_destinations": 85,
        "yoy_growth_pct": -3.857803790795087
      },
      {
        "year": 2022,
        "export_value_usd": 7352284.731363678,
        "active_destinations": 83,
        "yoy_growth_pct": -8.478756594094678
      },
      {
        "year": 2023,
        "export_value_usd": 7605500.202491311,
        "active_destinations": 85,
        "yoy_growth_pct": 3.4440378791024786
      },
      {
        "year": 2024,
        "export_value_usd": 10222051.013338424,
        "active_destinations": 82,
        "yoy_growth_pct": 34.40340202725939
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "MEX",
      "exports_usd": 632129518119.5029,
      "imports_usd": 605745397152.1208,
      "trade_balance_usd": 26384120967.38208,
      "yoy_exports_growth_pct": 4.974965604007986,
      "yoy_imports_growth_pct": 4.539966330487455,
      "exports_cagr_3y_pct": 8.1357749655393,
      "imports_cagr_3y_pct": 7.392984167755712,
      "export_partner_hhi": 6163.151440183427,
      "export_product_hhi": 140.4151075634282,
      "momentum_score": 5.92320841246738,
      "risk_score": 31.517832738734278,
      "gdp_million_usd": 1856365.616165938,
      "gdp_per_capita_usd": 14185.781224852855,
      "population": 130861007,
      "labor_force": 61258.39,
      "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,
      "trade_openness_pct": 75.71753931884469,
      "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,
      "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": 20.37037037037037,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13207400190101434,
      "avg_mfn_tariff_pct": 0.13737134159937767,
      "avg_preferential_tariff_pct": 0.04741661578598202,
      "tariff_advantage_pp": 0.08995472581339564,
      "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,
      "pct_products_low_elasticity": 2.710985384252711,
      "real_market_potential": 109151.3950451757,
      "foreign_market_potential": 10079.648494044446
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "401034",
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [
    {
      "hs_code": 401034,
      "corridor_rank": 1,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 7976901.195844343,
      "exports_all_year_avg_usd": 5607133.863641033,
      "exports_avg_3y_usd": 6327158.051991166,
      "exports_avg_5y_usd": 6303691.863466965,
      "exports_avg_10y_usd": 7471435.803692597,
      "exports_cagr_3y_pct": 10.498706136600354,
      "exports_cagr_5y_pct": 3.5412162361971866,
      "exports_cagr_10y_pct": -4.690238822626669,
      "exports_historical_peak_usd": 13022598.153058294,
      "buyer_imports_latest_observed_usd": 14771904.955877492,
      "historical_peak_year": 2012,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 15.188944959227022,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 8.4533,
      "buyer_yoy_all_avg_pct": 10.8156,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 54.00049092971228,
      "market_share_change_1y_pp": 13.232624885230294,
      "peer_best_share_pct": 54.00049092971228,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 39,
      "buyer_market_hhi": 3279.72,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 0.756529066880104,
      "max_drawdown_pct": 99.52986133482008,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MEX",
    "hs_code": 401034,
    "num_markets": 98,
    "highest_price_importer_iso3": "AZE",
    "highest_price_usd_per_ton": 304000,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 1238.095238095238,
    "median_price_across_markets": 26748.344370860927,
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    "avg_quantity_metric_tons": 13.828541916167666,
    "total_trade_value_usd": 52051726
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      "export_value_usd": 13160029.375895752,
      "active_destinations": 47,
      "yoy_growth_pct": 43.01638432372904
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    {
      "year": 2011,
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    {
      "year": 2012,
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    {
      "year": 2013,
      "export_value_usd": 13100683.971807888,
      "active_destinations": 63,
      "yoy_growth_pct": -6.872156169426205
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    {
      "year": 2014,
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      "active_destinations": 79,
      "yoy_growth_pct": 9.707507059537571
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    {
      "year": 2015,
      "export_value_usd": 14018056.29143733,
      "active_destinations": 73,
      "yoy_growth_pct": -2.4656749641714613
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    {
      "year": 2016,
      "export_value_usd": 11003794.050682355,
      "active_destinations": 82,
      "yoy_growth_pct": -21.502711774642975
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    {
      "year": 2017,
      "export_value_usd": 10195955.326272627,
      "active_destinations": 86,
      "yoy_growth_pct": -7.341456234903203
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    {
      "year": 2018,
      "export_value_usd": 9271281.474265276,
      "active_destinations": 72,
      "yoy_growth_pct": -9.069026122786948
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    {
      "year": 2019,
      "export_value_usd": 8594077.178705798,
      "active_destinations": 81,
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    {
      "year": 2020,
      "export_value_usd": 8355767.883844877,
      "active_destinations": 77,
      "yoy_growth_pct": -2.772948042070171
    },
    {
      "year": 2021,
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      "active_destinations": 85,
      "yoy_growth_pct": -3.857803790795087
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    {
      "year": 2022,
      "export_value_usd": 7352284.731363678,
      "active_destinations": 83,
      "yoy_growth_pct": -8.478756594094678
    },
    {
      "year": 2023,
      "export_value_usd": 7605500.202491311,
      "active_destinations": 85,
      "yoy_growth_pct": 3.4440378791024786
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    {
      "year": 2024,
      "export_value_usd": 10222051.013338424,
      "active_destinations": 82,
      "yoy_growth_pct": 34.40340202725939
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "MEX",
    "exports_usd": 632129518119.5029,
    "imports_usd": 605745397152.1208,
    "trade_balance_usd": 26384120967.38208,
    "yoy_exports_growth_pct": 4.974965604007986,
    "yoy_imports_growth_pct": 4.539966330487455,
    "exports_cagr_3y_pct": 8.1357749655393,
    "imports_cagr_3y_pct": 7.392984167755712,
    "export_partner_hhi": 6163.151440183427,
    "export_product_hhi": 140.4151075634282,
    "momentum_score": 5.92320841246738,
    "risk_score": 31.517832738734278,
    "gdp_million_usd": 1856365.616165938,
    "gdp_per_capita_usd": 14185.781224852855,
    "population": 130861007,
    "labor_force": 61258.39,
    "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,
    "trade_openness_pct": 75.71753931884469,
    "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,
    "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": 20.37037037037037,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13207400190101434,
    "avg_mfn_tariff_pct": 0.13737134159937767,
    "avg_preferential_tariff_pct": 0.04741661578598202,
    "tariff_advantage_pp": 0.08995472581339564,
    "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,
    "pct_products_low_elasticity": 2.710985384252711,
    "real_market_potential": 109151.3950451757,
    "foreign_market_potential": 10079.648494044446
  }
}
```
