# Mexico HS 920994 exports | Yugalinks

Explore reported HS 920994 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 920994 |
| Latest exports | $4.4M |
| Active destinations | 53 |
| Three-year growth | +25% |
| Destination HHI | 7,064 |
| Weighted share | 3.5% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $3.7M; share 4%; growth +23.9%

## Price intelligence

- Highest reported market price: Latvia at $432.0K / ton.
- Lowest reported market price: El Salvador at $2.6K / ton.
- Median reported price: $59.3K / ton.
- Price spread: 724.4%.

## Export history

- 2010: $843.6K
- 2011: $2.5M
- 2012: $469.4K
- 2013: $593.6K
- 2014: $935.6K
- 2015: $712.2K
- 2016: $250.4K
- 2017: $733.2K
- 2018: $1.1M
- 2019: $1.3M
- 2020: $1.5M
- 2021: $2.2M
- 2022: $2.0M
- 2023: $3.8M
- 2024: $4.4M

## 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/920994",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920994",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/920994",
    "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": "920994",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 83,
    "current_lane_count": 53,
    "active_market_count": 53,
    "exports_latest_observed_lanes_usd": 4383762.365173229,
    "exports_current_2024_usd": 4369149.844012253,
    "exports_avg_3y_usd": 3400056.7155246884,
    "exports_avg_5y_usd": 2794095.8397005806,
    "exports_avg_10y_usd": 1808893.1473674998,
    "exports_cagr_3y_pct": 25.022790781232196,
    "exports_cagr_5y_pct": 27.524866987072173,
    "exports_cagr_10y_pct": 16.661906666745473,
    "exports_all_year_lane_avg_usd": 2258010.515296671,
    "exports_historical_lane_peak_usd": 8182541.210052287,
    "historical_peak_year": 2005,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 8.360884114486723,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 3667573.3509847443,
    "top_market_share_pct": 83.66268619215667,
    "destination_hhi": 7064.445094667827,
    "weighted_share_latest_pct": 3.540399908733925,
    "weighted_share_change_1y_pp": 0.3533695443698225,
    "weighted_volatility_cv": 1.026988553246813,
    "weighted_max_drawdown_pct": 96.174891810971,
    "limited_history_lane_share_pct": 28.91566265060241,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 920994,
      "hs_description": "Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)",
      "hs_chapter": 92,
      "hs_heading": 9209,
      "substitution_elasticity": -5.7238111,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)",
    "hs_chapter": 92,
    "hs_heading": 9209,
    "destinations": [
      {
        "hs_code": 920994,
        "corridor_rank": 23,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3667573.3509847443,
        "exports_all_year_avg_usd": 2020493.5657883852,
        "exports_avg_3y_usd": 2693258.9391268753,
        "exports_avg_5y_usd": 2268148.6959575033,
        "exports_avg_10y_usd": 1497448.103380557,
        "exports_cagr_3y_pct": 23.943013442866313,
        "exports_cagr_5y_pct": 26.18254481758484,
        "exports_cagr_10y_pct": 15.431251952660263,
        "exports_historical_peak_usd": 6972605.376749937,
        "buyer_imports_latest_observed_usd": 91977444.85055915,
        "historical_peak_year": 2005,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 8.51176149020605,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.5537,
        "buyer_yoy_all_avg_pct": 4.126,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 3.987470359655733,
        "market_share_change_1y_pp": 0.3408181812916222,
        "peer_best_share_pct": 29.8323245953508,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1407.16,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 0.8875891899733307,
        "max_drawdown_pct": 97.21691550750327,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 920994,
      "num_markets": 62,
      "highest_price_importer_iso3": "LVA",
      "highest_price_usd_per_ton": 432000,
      "lowest_price_importer_iso3": "SLV",
      "lowest_price_usd_per_ton": 2615.3846153846157,
      "median_price_across_markets": 59277.77777777778,
      "price_spread_pct": 724.3601759065676,
      "avg_quantity_metric_tons": 1.2475707070707072,
      "total_trade_value_usd": 10416213
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 843625.9519536668,
        "active_destinations": 25,
        "yoy_growth_pct": -31.708170319843475
      },
      {
        "year": 2011,
        "export_value_usd": 2507294.66062898,
        "active_destinations": 24,
        "yoy_growth_pct": 197.20454365143624
      },
      {
        "year": 2012,
        "export_value_usd": 469437.7096857611,
        "active_destinations": 27,
        "yoy_growth_pct": -81.27712242772463
      },
      {
        "year": 2013,
        "export_value_usd": 593607.6215273993,
        "active_destinations": 29,
        "yoy_growth_pct": 26.45077489082776
      },
      {
        "year": 2014,
        "export_value_usd": 935634.5250192357,
        "active_destinations": 40,
        "yoy_growth_pct": 57.618347724676134
      },
      {
        "year": 2015,
        "export_value_usd": 712217.0255681741,
        "active_destinations": 40,
        "yoy_growth_pct": -23.878714762740117
      },
      {
        "year": 2016,
        "export_value_usd": 250375.40209653522,
        "active_destinations": 38,
        "yoy_growth_pct": -64.84563088100889
      },
      {
        "year": 2017,
        "export_value_usd": 733156.7807424647,
        "active_destinations": 41,
        "yoy_growth_pct": 192.82300681429857
      },
      {
        "year": 2018,
        "export_value_usd": 1127247.434903223,
        "active_destinations": 40,
        "yoy_growth_pct": 53.752575780812464
      },
      {
        "year": 2019,
        "export_value_usd": 1295455.6318616963,
        "active_destinations": 42,
        "yoy_growth_pct": 14.922029693765882
      },
      {
        "year": 2020,
        "export_value_usd": 1534527.4797880945,
        "active_destinations": 35,
        "yoy_growth_pct": 18.45465348611196
      },
      {
        "year": 2021,
        "export_value_usd": 2235781.572140744,
        "active_destinations": 43,
        "yoy_growth_pct": 45.698373055495026
      },
      {
        "year": 2022,
        "export_value_usd": 2000073.2457876008,
        "active_destinations": 49,
        "yoy_growth_pct": -10.542547147280326
      },
      {
        "year": 2023,
        "export_value_usd": 3830947.0567742097,
        "active_destinations": 55,
        "yoy_growth_pct": 91.5403380772506
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      {
        "year": 2024,
        "export_value_usd": 4369149.844012253,
        "active_destinations": 53,
        "yoy_growth_pct": 14.048818197222197
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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
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    "countryMap": {}
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  "product": {
    "hs_code": "920994",
    "hs_description": "Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)",
    "hs_chapter": 92,
    "hs_heading": 9209
  },
  "destinations": [
    {
      "hs_code": 920994,
      "corridor_rank": 23,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 3667573.3509847443,
      "exports_all_year_avg_usd": 2020493.5657883852,
      "exports_avg_3y_usd": 2693258.9391268753,
      "exports_avg_5y_usd": 2268148.6959575033,
      "exports_avg_10y_usd": 1497448.103380557,
      "exports_cagr_3y_pct": 23.943013442866313,
      "exports_cagr_5y_pct": 26.18254481758484,
      "exports_cagr_10y_pct": 15.431251952660263,
      "exports_historical_peak_usd": 6972605.376749937,
      "buyer_imports_latest_observed_usd": 91977444.85055915,
      "historical_peak_year": 2005,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 8.51176149020605,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 7.5537,
      "buyer_yoy_all_avg_pct": 4.126,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 3.987470359655733,
      "market_share_change_1y_pp": 0.3408181812916222,
      "peer_best_share_pct": 29.8323245953508,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 63,
      "buyer_market_hhi": 1407.16,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 0.8875891899733307,
      "max_drawdown_pct": 97.21691550750327,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MEX",
    "hs_code": 920994,
    "num_markets": 62,
    "highest_price_importer_iso3": "LVA",
    "highest_price_usd_per_ton": 432000,
    "lowest_price_importer_iso3": "SLV",
    "lowest_price_usd_per_ton": 2615.3846153846157,
    "median_price_across_markets": 59277.77777777778,
    "price_spread_pct": 724.3601759065676,
    "avg_quantity_metric_tons": 1.2475707070707072,
    "total_trade_value_usd": 10416213
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      "active_destinations": 25,
      "yoy_growth_pct": -31.708170319843475
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      "year": 2014,
      "export_value_usd": 935634.5250192357,
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      "yoy_growth_pct": 57.618347724676134
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    {
      "year": 2015,
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      "active_destinations": 40,
      "yoy_growth_pct": -23.878714762740117
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    {
      "year": 2016,
      "export_value_usd": 250375.40209653522,
      "active_destinations": 38,
      "yoy_growth_pct": -64.84563088100889
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    {
      "year": 2017,
      "export_value_usd": 733156.7807424647,
      "active_destinations": 41,
      "yoy_growth_pct": 192.82300681429857
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    {
      "year": 2018,
      "export_value_usd": 1127247.434903223,
      "active_destinations": 40,
      "yoy_growth_pct": 53.752575780812464
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    {
      "year": 2019,
      "export_value_usd": 1295455.6318616963,
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      "yoy_growth_pct": 14.922029693765882
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    {
      "year": 2020,
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    {
      "year": 2021,
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    {
      "year": 2022,
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    {
      "year": 2023,
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      "active_destinations": 55,
      "yoy_growth_pct": 91.5403380772506
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    {
      "year": 2024,
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  "economy": {
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    "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,
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    "population": 130861007,
    "labor_force": 61258.39,
    "investment_rate_pct": 23.54,
    "savings_rate_pct": 22.5,
    "secondary_education_pct": 77.44,
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    "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,
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    "avg_buyer_biz_entry_days": null,
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    "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
  }
}
```
