# Mexico HS 440721 exports | Yugalinks

Explore reported HS 440721 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 440721 |
| Latest exports | $721.1K |
| Active destinations | 7 |
| Three-year growth | -4.5% |
| Destination HHI | 6,665 |
| Weighted share | 5.8% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $582.4K; share 3.8%; growth -3.7%

## Price intelligence

- Highest reported market price: Spain at $57.0K / ton.
- Lowest reported market price: USA, Puerto Rico and US Virgin Islands at $1.1K / ton.
- Median reported price: $1.5K / ton.
- Price spread: 3,651.8%.

## Export history

- 2010: $2.3M
- 2011: $1.4M
- 2012: $2.5M
- 2013: $2.6M
- 2014: $2.0M
- 2015: $1.6M
- 2016: $1.9M
- 2017: $2.9M
- 2018: $1.1M
- 2019: $1.0M
- 2020: $706.9K
- 2021: $678.1K
- 2022: $654.3K
- 2023: $686.8K
- 2024: $590.4K

## 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/440721",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/440721",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/440721",
    "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": "440721",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 52,
    "current_lane_count": 7,
    "active_market_count": 7,
    "exports_latest_observed_lanes_usd": 721147.3591995508,
    "exports_current_2024_usd": 590364.6047115446,
    "exports_avg_3y_usd": 643826.8256489476,
    "exports_avg_5y_usd": 663294.1902640692,
    "exports_avg_10y_usd": 1180580.8244170542,
    "exports_cagr_3y_pct": -4.512661800328699,
    "exports_cagr_5y_pct": -10.388766659343984,
    "exports_cagr_10y_pct": -11.262777718032336,
    "exports_all_year_lane_avg_usd": 1454390.8382599852,
    "exports_historical_lane_peak_usd": 4726553.735810232,
    "historical_peak_year": 2009,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": 6.750115917703637,
    "trend_label": "Declining",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 582440.2584906328,
    "top_market_share_pct": 80.7657756851695,
    "destination_hhi": 6664.886592589866,
    "weighted_share_latest_pct": 5.8171860125631305,
    "weighted_share_change_1y_pp": 1.1512763758792877,
    "weighted_volatility_cv": 0.7969742170873044,
    "weighted_max_drawdown_pct": 92.5273603033078,
    "limited_history_lane_share_pct": 82.6923076923077,
    "data_freshness_years": 0,
    "coverage_score": 73.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 440721,
      "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
      "hs_chapter": 44,
      "hs_heading": 4407,
      "substitution_elasticity": -11.293481,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
    "hs_chapter": 44,
    "hs_heading": 4407,
    "destinations": [
      {
        "hs_code": 440721,
        "corridor_rank": 8,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 582440.2584906328,
        "exports_all_year_avg_usd": 1082213.2510279033,
        "exports_avg_3y_usd": 611939.0778756369,
        "exports_avg_5y_usd": 619274.8764366203,
        "exports_avg_10y_usd": 955613.1253540572,
        "exports_cagr_3y_pct": -3.7499120301713873,
        "exports_cagr_5y_pct": -2.2253159823938162,
        "exports_cagr_10y_pct": -9.776470182450424,
        "exports_historical_peak_usd": 3139076.029544574,
        "buyer_imports_latest_observed_usd": 15502041.239084007,
        "historical_peak_year": 2009,
        "positive_growth_year_share_pct": 41.37931034482759,
        "trend_acceleration_pct": 6.026558152279037,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 2.3107,
        "buyer_yoy_all_avg_pct": -0.7514,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 3.7571842927509094,
        "market_share_change_1y_pp": -0.23097343266500392,
        "peer_best_share_pct": 35.84770913241933,
        "peer_top_exporter": "FJI",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2063.72,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 0.7678297693019959,
        "max_drawdown_pct": 98.60348614163428,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 440721,
      "num_markets": 4,
      "highest_price_importer_iso3": "ESP",
      "highest_price_usd_per_ton": 57000,
      "lowest_price_importer_iso3": "USA",
      "lowest_price_usd_per_ton": 1080.5619981428986,
      "median_price_across_markets": 1531.2882670668334,
      "price_spread_pct": 3651.790404491912,
      "avg_quantity_metric_tons": 332.9648333333334,
      "total_trade_value_usd": 5032434
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 2348650.6775428113,
        "active_destinations": 3,
        "yoy_growth_pct": -28.484332282432913
      },
      {
        "year": 2011,
        "export_value_usd": 1397403.8110147598,
        "active_destinations": 4,
        "yoy_growth_pct": -40.501845405263
      },
      {
        "year": 2012,
        "export_value_usd": 2451586.8777954234,
        "active_destinations": 3,
        "yoy_growth_pct": 75.4386855446703
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      {
        "year": 2013,
        "export_value_usd": 2629190.9588332837,
        "active_destinations": 4,
        "yoy_growth_pct": 7.244453894188318
      },
      {
        "year": 2014,
        "export_value_usd": 1950123.0321451256,
        "active_destinations": 8,
        "yoy_growth_pct": -25.828018478714753
      },
      {
        "year": 2015,
        "export_value_usd": 1565952.7748239865,
        "active_destinations": 4,
        "yoy_growth_pct": -19.699795909725438
      },
      {
        "year": 2016,
        "export_value_usd": 1889148.9771624198,
        "active_destinations": 6,
        "yoy_growth_pct": 20.63894949672162
      },
      {
        "year": 2017,
        "export_value_usd": 2882586.914042952,
        "active_destinations": 5,
        "yoy_growth_pct": 52.5865322899371
      },
      {
        "year": 2018,
        "export_value_usd": 1129984.7500992506,
        "active_destinations": 4,
        "yoy_growth_pct": -60.799629506594876
      },
      {
        "year": 2019,
        "export_value_usd": 1021663.8767215853,
        "active_destinations": 19,
        "yoy_growth_pct": -9.58604736640482
      },
      {
        "year": 2020,
        "export_value_usd": 706907.3282077799,
        "active_destinations": 8,
        "yoy_growth_pct": -30.808229172575512
      },
      {
        "year": 2021,
        "export_value_usd": 678083.1461657238,
        "active_destinations": 25,
        "yoy_growth_pct": -4.077505055030901
      },
      {
        "year": 2022,
        "export_value_usd": 654339.0814802368,
        "active_destinations": 4,
        "yoy_growth_pct": -3.5016450150324037
      },
      {
        "year": 2023,
        "export_value_usd": 686776.7907550614,
        "active_destinations": 8,
        "yoy_growth_pct": 4.957324144760611
      },
      {
        "year": 2024,
        "export_value_usd": 590364.6047115446,
        "active_destinations": 7,
        "yoy_growth_pct": -14.038358217888906
      }
    ],
    "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
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    "countryMap": {}
  },
  "product": {
    "hs_code": "440721",
    "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
    "hs_chapter": 44,
    "hs_heading": 4407
  },
  "destinations": [
    {
      "hs_code": 440721,
      "corridor_rank": 8,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 582440.2584906328,
      "exports_all_year_avg_usd": 1082213.2510279033,
      "exports_avg_3y_usd": 611939.0778756369,
      "exports_avg_5y_usd": 619274.8764366203,
      "exports_avg_10y_usd": 955613.1253540572,
      "exports_cagr_3y_pct": -3.7499120301713873,
      "exports_cagr_5y_pct": -2.2253159823938162,
      "exports_cagr_10y_pct": -9.776470182450424,
      "exports_historical_peak_usd": 3139076.029544574,
      "buyer_imports_latest_observed_usd": 15502041.239084007,
      "historical_peak_year": 2009,
      "positive_growth_year_share_pct": 41.37931034482759,
      "trend_acceleration_pct": 6.026558152279037,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 2.3107,
      "buyer_yoy_all_avg_pct": -0.7514,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 3.7571842927509094,
      "market_share_change_1y_pp": -0.23097343266500392,
      "peer_best_share_pct": 35.84770913241933,
      "peer_top_exporter": "FJI",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 2063.72,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 0.7678297693019959,
      "max_drawdown_pct": 98.60348614163428,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MEX",
    "hs_code": 440721,
    "num_markets": 4,
    "highest_price_importer_iso3": "ESP",
    "highest_price_usd_per_ton": 57000,
    "lowest_price_importer_iso3": "USA",
    "lowest_price_usd_per_ton": 1080.5619981428986,
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      "yoy_growth_pct": -28.484332282432913
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    {
      "year": 2013,
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    {
      "year": 2014,
      "export_value_usd": 1950123.0321451256,
      "active_destinations": 8,
      "yoy_growth_pct": -25.828018478714753
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    {
      "year": 2015,
      "export_value_usd": 1565952.7748239865,
      "active_destinations": 4,
      "yoy_growth_pct": -19.699795909725438
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    {
      "year": 2016,
      "export_value_usd": 1889148.9771624198,
      "active_destinations": 6,
      "yoy_growth_pct": 20.63894949672162
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    {
      "year": 2017,
      "export_value_usd": 2882586.914042952,
      "active_destinations": 5,
      "yoy_growth_pct": 52.5865322899371
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    {
      "year": 2018,
      "export_value_usd": 1129984.7500992506,
      "active_destinations": 4,
      "yoy_growth_pct": -60.799629506594876
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    {
      "year": 2019,
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      "yoy_growth_pct": -9.58604736640482
    },
    {
      "year": 2020,
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      "active_destinations": 8,
      "yoy_growth_pct": -30.808229172575512
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    {
      "year": 2021,
      "export_value_usd": 678083.1461657238,
      "active_destinations": 25,
      "yoy_growth_pct": -4.077505055030901
    },
    {
      "year": 2022,
      "export_value_usd": 654339.0814802368,
      "active_destinations": 4,
      "yoy_growth_pct": -3.5016450150324037
    },
    {
      "year": 2023,
      "export_value_usd": 686776.7907550614,
      "active_destinations": 8,
      "yoy_growth_pct": 4.957324144760611
    },
    {
      "year": 2024,
      "export_value_usd": 590364.6047115446,
      "active_destinations": 7,
      "yoy_growth_pct": -14.038358217888906
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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
  }
}
```
