# Mexico HS 720429 exports | Yugalinks

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

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 720429 |
| Latest exports | $148.3M |
| Active destinations | 18 |
| Three-year growth | +12.5% |
| Destination HHI | 8,088 |
| Weighted share | 43.2% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $133.2M; share 44.8%; growth +14.3%
- Taiwan: $5.6M; share 19.8%; growth +20%

## Price intelligence

- Highest reported market price: Canada at $3.8M / ton.
- Lowest reported market price: Canada at $0.1 / ton.
- Median reported price: $699.9 / ton.
- Price spread: 544,330.9%.

## Export history

- 2010: $73.6M
- 2011: $92.9M
- 2012: $56.4M
- 2013: $38.4M
- 2014: $40.7M
- 2015: $25.1M
- 2016: $20.8M
- 2017: $48.7M
- 2018: $78.7M
- 2019: $55.4M
- 2020: $53.6M
- 2021: $102.3M
- 2022: $134.2M
- 2023: $176.2M
- 2024: $145.7M

## 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/720429",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720429",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/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": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 62,
    "current_lane_count": 18,
    "active_market_count": 18,
    "exports_latest_observed_lanes_usd": 148296302.255332,
    "exports_current_2024_usd": 145735720.12975234,
    "exports_avg_3y_usd": 152026094.82739133,
    "exports_avg_5y_usd": 122396411.548053,
    "exports_avg_10y_usd": 84068601.34438625,
    "exports_cagr_3y_pct": 12.532572203883685,
    "exports_cagr_5y_pct": 21.341105224178847,
    "exports_cagr_10y_pct": 13.613645585216204,
    "exports_all_year_lane_avg_usd": 60722464.31337044,
    "exports_historical_lane_peak_usd": 208846241.10027146,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -1.0810733813325193,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 133193592.35682946,
    "top_market_share_pct": 89.81585537277986,
    "destination_hhi": 8087.954753063638,
    "weighted_share_latest_pct": 43.1644369643398,
    "weighted_share_change_1y_pp": -3.4787337805303826,
    "weighted_volatility_cv": 0.7733844261857068,
    "weighted_max_drawdown_pct": 77.51272284865816,
    "limited_history_lane_share_pct": 58.064516129032256,
    "data_freshness_years": 0,
    "coverage_score": 79,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:23",
    "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": [
      {
        "hs_code": 720429,
        "corridor_rank": 2,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 133193592.35682946,
        "exports_all_year_avg_usd": 47714428.335240714,
        "exports_avg_3y_usd": 135489072.35781303,
        "exports_avg_5y_usd": 108188687.71716228,
        "exports_avg_10y_usd": 74167308.63200934,
        "exports_cagr_3y_pct": 14.328410030746586,
        "exports_cagr_5y_pct": 23.31789280175236,
        "exports_cagr_10y_pct": 15.054888743685968,
        "exports_historical_peak_usd": 160664301.52094778,
        "buyer_imports_latest_observed_usd": 297368945.2029395,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -0.7264787129393824,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -8.3205,
        "buyer_yoy_all_avg_pct": 13.6596,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 44.790686621944154,
        "market_share_change_1y_pp": -4.742455537227826,
        "peer_best_share_pct": 53.48033686704119,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 4867.55,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 0.7401399130273729,
        "max_drawdown_pct": 76.60284203896076,
        "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"
      },
      {
        "hs_code": 720429,
        "corridor_rank": 70,
        "exporter_iso3": "MEX",
        "importer_iso3": "TWN",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 5620660.181374871,
        "exports_all_year_avg_usd": 2436936.370949444,
        "exports_avg_3y_usd": 5254109.739946512,
        "exports_avg_5y_usd": 4267488.014864614,
        "exports_avg_10y_usd": 3402347.519315265,
        "exports_cagr_3y_pct": 19.951752047266915,
        "exports_cagr_5y_pct": 5.106815364032102,
        "exports_cagr_10y_pct": 23.113031578862596,
        "exports_historical_peak_usd": 6696589.967402449,
        "buyer_imports_latest_observed_usd": 28378471.639966343,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 65,
        "trend_acceleration_pct": -3.1612795315956816,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -42.7405,
        "buyer_yoy_all_avg_pct": 23.5055,
        "buyer_trend_consistency_pct": 55.1724,
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        "market_share_change_1y_pp": 7.440713282675771,
        "peer_best_share_pct": 30.176946369213997,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 1747.92,
        "distance_km": 13405.00390625,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.812624503074536,
        "max_drawdown_pct": 98.87341751161291,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 720429,
      "num_markets": 26,
      "highest_price_importer_iso3": "CAN",
      "highest_price_usd_per_ton": 3810000,
      "lowest_price_importer_iso3": "CAN",
      "lowest_price_usd_per_ton": 0.09472422062350119,
      "median_price_across_markets": 699.9419061177326,
      "price_spread_pct": 544330.875459102,
      "avg_quantity_metric_tons": 16574.2722,
      "total_trade_value_usd": 419455252
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        "export_value_usd": 73593564.1827168,
        "active_destinations": 15,
        "yoy_growth_pct": 80.33495486148054
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      {
        "year": 2011,
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        "active_destinations": 15,
        "yoy_growth_pct": 26.180842314510212
      },
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        "year": 2012,
        "export_value_usd": 56368877.17890773,
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        "yoy_growth_pct": -39.29756321795265
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      {
        "year": 2013,
        "export_value_usd": 38413374.55737178,
        "active_destinations": 18,
        "yoy_growth_pct": -31.85357509348189
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      {
        "year": 2014,
        "export_value_usd": 40668771.73094682,
        "active_destinations": 13,
        "yoy_growth_pct": 5.871385160932732
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      {
        "year": 2015,
        "export_value_usd": 25073381.17210675,
        "active_destinations": 13,
        "yoy_growth_pct": -38.34733603959026
      },
      {
        "year": 2016,
        "export_value_usd": 20817285.45026768,
        "active_destinations": 16,
        "yoy_growth_pct": -16.97455836779535
      },
      {
        "year": 2017,
        "export_value_usd": 48734056.11198963,
        "active_destinations": 19,
        "yoy_growth_pct": 134.10379911643565
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      {
        "year": 2018,
        "export_value_usd": 78677126.24952883,
        "active_destinations": 19,
        "yoy_growth_pct": 61.44177711933268
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      {
        "year": 2019,
        "export_value_usd": 55402106.71970463,
        "active_destinations": 22,
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        "year": 2020,
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        "year": 2022,
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        "yoy_growth_pct": 31.21620041160994
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        "year": 2023,
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      "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": "720429",
    "hs_description": "Ferrous waste and scrap: of alloy steel (excluding stainless)",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [
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      "corridor_rank": 2,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 133193592.35682946,
      "exports_all_year_avg_usd": 47714428.335240714,
      "exports_avg_3y_usd": 135489072.35781303,
      "exports_avg_5y_usd": 108188687.71716228,
      "exports_avg_10y_usd": 74167308.63200934,
      "exports_cagr_3y_pct": 14.328410030746586,
      "exports_cagr_5y_pct": 23.31789280175236,
      "exports_cagr_10y_pct": 15.054888743685968,
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      "historical_peak_year": 2023,
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      "peer_top_exporter": "CAN",
      "supplier_count_latest": 26,
      "buyer_market_hhi": 4867.55,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 0.7401399130273729,
      "max_drawdown_pct": 76.60284203896076,
      "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"
    },
    {
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      "corridor_rank": 70,
      "exporter_iso3": "MEX",
      "importer_iso3": "TWN",
      "latest_data_year": 2024,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 5620660.181374871,
      "exports_all_year_avg_usd": 2436936.370949444,
      "exports_avg_3y_usd": 5254109.739946512,
      "exports_avg_5y_usd": 4267488.014864614,
      "exports_avg_10y_usd": 3402347.519315265,
      "exports_cagr_3y_pct": 19.951752047266915,
      "exports_cagr_5y_pct": 5.106815364032102,
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      "historical_peak_year": 2012,
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      "peer_best_share_pct": 30.176946369213997,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 25,
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      "distance_km": 13405.00390625,
      "has_reported_fta": 0,
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      "volatility_cv": 0.812624503074536,
      "max_drawdown_pct": 98.87341751161291,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MEX",
    "hs_code": 720429,
    "num_markets": 26,
    "highest_price_importer_iso3": "CAN",
    "highest_price_usd_per_ton": 3810000,
    "lowest_price_importer_iso3": "CAN",
    "lowest_price_usd_per_ton": 0.09472422062350119,
    "median_price_across_markets": 699.9419061177326,
    "price_spread_pct": 544330.875459102,
    "avg_quantity_metric_tons": 16574.2722,
    "total_trade_value_usd": 419455252
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 73593564.1827168,
      "active_destinations": 15,
      "yoy_growth_pct": 80.33495486148054
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    {
      "year": 2011,
      "export_value_usd": 92860979.17502175,
      "active_destinations": 15,
      "yoy_growth_pct": 26.180842314510212
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    {
      "year": 2012,
      "export_value_usd": 56368877.17890773,
      "active_destinations": 22,
      "yoy_growth_pct": -39.29756321795265
    },
    {
      "year": 2013,
      "export_value_usd": 38413374.55737178,
      "active_destinations": 18,
      "yoy_growth_pct": -31.85357509348189
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    {
      "year": 2014,
      "export_value_usd": 40668771.73094682,
      "active_destinations": 13,
      "yoy_growth_pct": 5.871385160932732
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    {
      "year": 2015,
      "export_value_usd": 25073381.17210675,
      "active_destinations": 13,
      "yoy_growth_pct": -38.34733603959026
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    {
      "year": 2016,
      "export_value_usd": 20817285.45026768,
      "active_destinations": 16,
      "yoy_growth_pct": -16.97455836779535
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    {
      "year": 2017,
      "export_value_usd": 48734056.11198963,
      "active_destinations": 19,
      "yoy_growth_pct": 134.10379911643565
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    {
      "year": 2018,
      "export_value_usd": 78677126.24952883,
      "active_destinations": 19,
      "yoy_growth_pct": 61.44177711933268
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    {
      "year": 2019,
      "export_value_usd": 55402106.71970463,
      "active_destinations": 22,
      "yoy_growth_pct": -29.582955859376707
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    {
      "year": 2020,
      "export_value_usd": 53637772.22716484,
      "active_destinations": 23,
      "yoy_growth_pct": -3.18459819852351
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    {
      "year": 2021,
      "export_value_usd": 102266001.03092614,
      "active_destinations": 22,
      "yoy_growth_pct": 90.66041855320296
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    {
      "year": 2022,
      "export_value_usd": 134189560.86567913,
      "active_destinations": 32,
      "yoy_growth_pct": 31.21620041160994
    },
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      "export_value_usd": 176153003.48674256,
      "active_destinations": 24,
      "yoy_growth_pct": 31.271763876675866
    },
    {
      "year": 2024,
      "export_value_usd": 145735720.12975234,
      "active_destinations": 18,
      "yoy_growth_pct": -17.26753603680646
    }
  ],
  "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
  }
}
```