# Mexico HS 940120 exports | Yugalinks

Explore reported HS 940120 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 940120 |
| Latest exports | $220.1M |
| Active destinations | 81 |
| Three-year growth | +9.1% |
| Destination HHI | 8,038 |
| Weighted share | 48.3% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $196.4M; share 52.4%; growth +6.7%
- Canada: $19.1M; share 17%; growth +67.6%

## Price intelligence

- Highest reported market price: Bolivia at $936.0K / ton.
- Lowest reported market price: Hungary at $40.0 / ton.
- Median reported price: $22.5K / ton.
- Price spread: 4,163.4%.

## Export history

- 2010: $28.7M
- 2011: $43.6M
- 2012: $53.6M
- 2013: $95.2M
- 2014: $85.3M
- 2015: $91.6M
- 2016: $84.7M
- 2017: $88.5M
- 2018: $121.4M
- 2019: $187.3M
- 2020: $170.8M
- 2021: $169.4M
- 2022: $244.1M
- 2023: $255.0M
- 2024: $220.0M

## 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/940120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940120",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/940120",
    "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": "940120",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 127,
    "current_lane_count": 81,
    "active_market_count": 81,
    "exports_latest_observed_lanes_usd": 220117108.3407094,
    "exports_current_2024_usd": 220041929.93348703,
    "exports_avg_3y_usd": 239714078.40064105,
    "exports_avg_5y_usd": 211857382.62469876,
    "exports_avg_10y_usd": 163268036.97677547,
    "exports_cagr_3y_pct": 9.117159916477945,
    "exports_cagr_5y_pct": 3.2790003492013886,
    "exports_cagr_10y_pct": 9.937843058344175,
    "exports_all_year_lane_avg_usd": 79592051.82747875,
    "exports_historical_lane_peak_usd": 278462323.571737,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": -0.8206831418662297,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 196407645.0132435,
    "top_market_share_pct": 89.22870488977755,
    "destination_hhi": 8037.672844357549,
    "weighted_share_latest_pct": 48.30392329491325,
    "weighted_share_change_1y_pp": -8.10321631971071,
    "weighted_volatility_cv": 1.0161058867797628,
    "weighted_max_drawdown_pct": 61.19836203572581,
    "limited_history_lane_share_pct": 35.43307086614173,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 940120,
      "hs_description": "Seats: of a kind used for motor vehicles",
      "hs_chapter": 94,
      "hs_heading": 9401,
      "substitution_elasticity": -8.5703659,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Seats: of a kind used for motor vehicles",
    "hs_chapter": 94,
    "hs_heading": 9401,
    "destinations": [
      {
        "hs_code": 940120,
        "corridor_rank": 2,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 196407645.0132435,
        "exports_all_year_avg_usd": 66922380.24867898,
        "exports_avg_3y_usd": 220099681.18703857,
        "exports_avg_5y_usd": 196800385.70686394,
        "exports_avg_10y_usd": 143890527.50800315,
        "exports_cagr_3y_pct": 6.705558303595871,
        "exports_cagr_5y_pct": 2.9973190931374516,
        "exports_cagr_10y_pct": 11.047703366036266,
        "exports_historical_peak_usd": 235588116.3446155,
        "buyer_imports_latest_observed_usd": 374503361.7799839,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 60.714285714285715,
        "trend_acceleration_pct": -4.342145062440395,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -1.7192,
        "buyer_yoy_all_avg_pct": 3.6957,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 52.44482828664984,
        "market_share_change_1y_pp": -9.380474089975095,
        "peer_best_share_pct": 52.44482828664982,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 3090.64,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 1.033125659703894,
        "max_drawdown_pct": 57.27213754929584,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 940120,
        "corridor_rank": 35,
        "exporter_iso3": "MEX",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 19079792.66427561,
        "exports_all_year_avg_usd": 9065292.614356885,
        "exports_avg_3y_usd": 15067720.761923833,
        "exports_avg_5y_usd": 11092598.481662001,
        "exports_avg_10y_usd": 13923385.312150653,
        "exports_cagr_3y_pct": 67.62577524684524,
        "exports_cagr_5y_pct": 5.106144610304031,
        "exports_cagr_10y_pct": 3.382990561791699,
        "exports_historical_peak_usd": 19079792.66427561,
        "buyer_imports_latest_observed_usd": 112510073.73378772,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 64.24278468505354,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.545,
        "buyer_yoy_all_avg_pct": 4.6428,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 16.958297182722216,
        "market_share_change_1y_pp": 2.8344604394954267,
        "peer_best_share_pct": 71.92344045021258,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 5474.36,
        "distance_km": 3267.289794921875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.045298442939404035,
        "tariff_advantage_pp": 0.03854534948441619,
        "volatility_cv": 0.6747799896240402,
        "max_drawdown_pct": 94.35290838271125,
        "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": 940120,
      "num_markets": 89,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 936000,
      "lowest_price_importer_iso3": "HUN",
      "lowest_price_usd_per_ton": 40,
      "median_price_across_markets": 22480.701754385966,
      "price_spread_pct": 4163.3931637271735,
      "avg_quantity_metric_tons": 196.53489506172838,
      "total_trade_value_usd": 830303273
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 28669801.034441415,
        "active_destinations": 50,
        "yoy_growth_pct": -9.705200321386108
      },
      {
        "year": 2011,
        "export_value_usd": 43577656.548054025,
        "active_destinations": 53,
        "yoy_growth_pct": 51.99846171134429
      },
      {
        "year": 2012,
        "export_value_usd": 53621043.96471506,
        "active_destinations": 60,
        "yoy_growth_pct": 23.047103062061126
      },
      {
        "year": 2013,
        "export_value_usd": 95199895.93419364,
        "active_destinations": 62,
        "yoy_growth_pct": 77.54204113750421
      },
      {
        "year": 2014,
        "export_value_usd": 85316557.85924798,
        "active_destinations": 54,
        "yoy_growth_pct": -10.381668990244965
      },
      {
        "year": 2015,
        "export_value_usd": 91602660.63838147,
        "active_destinations": 59,
        "yoy_growth_pct": 7.367975146751768
      },
      {
        "year": 2016,
        "export_value_usd": 84692626.04156262,
        "active_destinations": 67,
        "yoy_growth_pct": -7.543486781565763
      },
      {
        "year": 2017,
        "export_value_usd": 88474318.83890752,
        "active_destinations": 68,
        "yoy_growth_pct": 4.4651972362848396
      },
      {
        "year": 2018,
        "export_value_usd": 121363722.67453352,
        "active_destinations": 72,
        "yoy_growth_pct": 37.173955411299
      },
      {
        "year": 2019,
        "export_value_usd": 187260128.4508757,
        "active_destinations": 74,
        "yoy_growth_pct": 54.29662532110975
      },
      {
        "year": 2020,
        "export_value_usd": 170778657.04241356,
        "active_destinations": 71,
        "yoy_growth_pct": -8.801377818549213
      },
      {
        "year": 2021,
        "export_value_usd": 169366020.87915704,
        "active_destinations": 73,
        "yoy_growth_pct": -0.8271737158031944
      },
      {
        "year": 2022,
        "export_value_usd": 244108546.3335459,
        "active_destinations": 78,
        "yoy_growth_pct": 44.13076782840508
      },
      {
        "year": 2023,
        "export_value_usd": 254991758.93489024,
        "active_destinations": 90,
        "yoy_growth_pct": 4.458349682879888
      },
      {
        "year": 2024,
        "export_value_usd": 220041929.93348703,
        "active_destinations": 81,
        "yoy_growth_pct": -13.70625825218427
      }
    ],
    "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": "940120",
    "hs_description": "Seats: of a kind used for motor vehicles",
    "hs_chapter": 94,
    "hs_heading": 9401
  },
  "destinations": [
    {
      "hs_code": 940120,
      "corridor_rank": 2,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 196407645.0132435,
      "exports_all_year_avg_usd": 66922380.24867898,
      "exports_avg_3y_usd": 220099681.18703857,
      "exports_avg_5y_usd": 196800385.70686394,
      "exports_avg_10y_usd": 143890527.50800315,
      "exports_cagr_3y_pct": 6.705558303595871,
      "exports_cagr_5y_pct": 2.9973190931374516,
      "exports_cagr_10y_pct": 11.047703366036266,
      "exports_historical_peak_usd": 235588116.3446155,
      "buyer_imports_latest_observed_usd": 374503361.7799839,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 60.714285714285715,
      "trend_acceleration_pct": -4.342145062440395,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -1.7192,
      "buyer_yoy_all_avg_pct": 3.6957,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 52.44482828664984,
      "market_share_change_1y_pp": -9.380474089975095,
      "peer_best_share_pct": 52.44482828664982,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 77,
      "buyer_market_hhi": 3090.64,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 1.033125659703894,
      "max_drawdown_pct": 57.27213754929584,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 940120,
      "corridor_rank": 35,
      "exporter_iso3": "MEX",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 19079792.66427561,
      "exports_all_year_avg_usd": 9065292.614356885,
      "exports_avg_3y_usd": 15067720.761923833,
      "exports_avg_5y_usd": 11092598.481662001,
      "exports_avg_10y_usd": 13923385.312150653,
      "exports_cagr_3y_pct": 67.62577524684524,
      "exports_cagr_5y_pct": 5.106144610304031,
      "exports_cagr_10y_pct": 3.382990561791699,
      "exports_historical_peak_usd": 19079792.66427561,
      "buyer_imports_latest_observed_usd": 112510073.73378772,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": 64.24278468505354,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.545,
      "buyer_yoy_all_avg_pct": 4.6428,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 16.958297182722216,
      "market_share_change_1y_pp": 2.8344604394954267,
      "peer_best_share_pct": 71.92344045021258,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 55,
      "buyer_market_hhi": 5474.36,
      "distance_km": 3267.289794921875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.045298442939404035,
      "tariff_advantage_pp": 0.03854534948441619,
      "volatility_cv": 0.6747799896240402,
      "max_drawdown_pct": 94.35290838271125,
      "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": 940120,
    "num_markets": 89,
    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 936000,
    "lowest_price_importer_iso3": "HUN",
    "lowest_price_usd_per_ton": 40,
    "median_price_across_markets": 22480.701754385966,
    "price_spread_pct": 4163.3931637271735,
    "avg_quantity_metric_tons": 196.53489506172838,
    "total_trade_value_usd": 830303273
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 28669801.034441415,
      "active_destinations": 50,
      "yoy_growth_pct": -9.705200321386108
    },
    {
      "year": 2011,
      "export_value_usd": 43577656.548054025,
      "active_destinations": 53,
      "yoy_growth_pct": 51.99846171134429
    },
    {
      "year": 2012,
      "export_value_usd": 53621043.96471506,
      "active_destinations": 60,
      "yoy_growth_pct": 23.047103062061126
    },
    {
      "year": 2013,
      "export_value_usd": 95199895.93419364,
      "active_destinations": 62,
      "yoy_growth_pct": 77.54204113750421
    },
    {
      "year": 2014,
      "export_value_usd": 85316557.85924798,
      "active_destinations": 54,
      "yoy_growth_pct": -10.381668990244965
    },
    {
      "year": 2015,
      "export_value_usd": 91602660.63838147,
      "active_destinations": 59,
      "yoy_growth_pct": 7.367975146751768
    },
    {
      "year": 2016,
      "export_value_usd": 84692626.04156262,
      "active_destinations": 67,
      "yoy_growth_pct": -7.543486781565763
    },
    {
      "year": 2017,
      "export_value_usd": 88474318.83890752,
      "active_destinations": 68,
      "yoy_growth_pct": 4.4651972362848396
    },
    {
      "year": 2018,
      "export_value_usd": 121363722.67453352,
      "active_destinations": 72,
      "yoy_growth_pct": 37.173955411299
    },
    {
      "year": 2019,
      "export_value_usd": 187260128.4508757,
      "active_destinations": 74,
      "yoy_growth_pct": 54.29662532110975
    },
    {
      "year": 2020,
      "export_value_usd": 170778657.04241356,
      "active_destinations": 71,
      "yoy_growth_pct": -8.801377818549213
    },
    {
      "year": 2021,
      "export_value_usd": 169366020.87915704,
      "active_destinations": 73,
      "yoy_growth_pct": -0.8271737158031944
    },
    {
      "year": 2022,
      "export_value_usd": 244108546.3335459,
      "active_destinations": 78,
      "yoy_growth_pct": 44.13076782840508
    },
    {
      "year": 2023,
      "export_value_usd": 254991758.93489024,
      "active_destinations": 90,
      "yoy_growth_pct": 4.458349682879888
    },
    {
      "year": 2024,
      "export_value_usd": 220041929.93348703,
      "active_destinations": 81,
      "yoy_growth_pct": -13.70625825218427
    }
  ],
  "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
  }
}
```