# Mexico HS 940340 exports | Yugalinks

Explore reported HS 940340 exports from Mexico: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Mexico |
| HS6 | 940340 |
| Latest exports | $187.9M |
| Active destinations | 34 |
| Three-year growth | +0.8% |
| Destination HHI | 9,072 |
| Weighted share | 6.6% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $178.8M; share 6.7%; growth +1.2%

## Price intelligence

- Highest reported market price: Bermuda at $906.0K / ton.
- Lowest reported market price: Liberia at $246.7 / ton.
- Median reported price: $4.4K / ton.
- Price spread: 20,617.7%.

## Export history

- 2010: $11.4M
- 2011: $15.2M
- 2012: $17.6M
- 2013: $17.4M
- 2014: $26.1M
- 2015: $27.3M
- 2016: $25.7M
- 2017: $36.7M
- 2018: $45.9M
- 2019: $44.3M
- 2020: $78.8M
- 2021: $183.0M
- 2022: $287.0M
- 2023: $186.0M
- 2024: $187.6M

## 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/940340",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940340",
    "exporter": "https://www.yugalinks.com/trade/exporter/mex/940340",
    "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": "940340",
    "exporter_iso3": "MEX",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 115,
    "current_lane_count": 34,
    "active_market_count": 34,
    "exports_latest_observed_lanes_usd": 187899714.45987695,
    "exports_current_2024_usd": 187603020.22779542,
    "exports_avg_3y_usd": 220184507.01276222,
    "exports_avg_5y_usd": 184459300.93534505,
    "exports_avg_10y_usd": 110222080.613228,
    "exports_cagr_3y_pct": 0.8373221939265374,
    "exports_cagr_5y_pct": 33.44391947477248,
    "exports_cagr_10y_pct": 21.788627762197343,
    "exports_all_year_lane_avg_usd": 49674843.098832235,
    "exports_historical_lane_peak_usd": 291809088.49743795,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -20.951305568270804,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 178815588.30256298,
    "top_market_share_pct": 95.16543908359492,
    "destination_hhi": 9071.531317544024,
    "weighted_share_latest_pct": 6.627950141481334,
    "weighted_share_change_1y_pp": -0.3409286109191105,
    "weighted_volatility_cv": 1.3861469092508831,
    "weighted_max_drawdown_pct": 63.739238765684156,
    "limited_history_lane_share_pct": 40,
    "data_freshness_years": 0,
    "coverage_score": 97,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:23",
    "source": "api",
    "product": {
      "hs_code": 940340,
      "hs_description": "Furniture: wooden, for kitchen use",
      "hs_chapter": 94,
      "hs_heading": 9403,
      "substitution_elasticity": -13.422203,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Furniture: wooden, for kitchen use",
    "hs_chapter": 94,
    "hs_heading": 9403,
    "destinations": [
      {
        "hs_code": 940340,
        "corridor_rank": 8,
        "exporter_iso3": "MEX",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 178815588.30256298,
        "exports_all_year_avg_usd": 46095008.55460871,
        "exports_avg_3y_usd": 209675467.10116068,
        "exports_avg_5y_usd": 174688984.07999402,
        "exports_avg_10y_usd": 103329012.74357298,
        "exports_cagr_3y_pct": 1.1809631938614729,
        "exports_cagr_5y_pct": 35.70015173145138,
        "exports_cagr_10y_pct": 21.561541986517362,
        "exports_historical_peak_usd": 273758433.66117245,
        "buyer_imports_latest_observed_usd": 2674487863.139727,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -20.38057879265589,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 5.8764,
        "buyer_yoy_all_avg_pct": 9.2639,
        "buyer_trend_consistency_pct": 82.7586,
        "market_share_latest_pct": 6.685974939988759,
        "market_share_change_1y_pp": -0.299340244240895,
        "peer_best_share_pct": 37.517081179294884,
        "peer_top_exporter": "VNM",
        "supplier_count_latest": 111,
        "buyer_market_hhi": 1912.41,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03143133432052091,
        "tariff_advantage_pp": 0.03835359202106465,
        "volatility_cv": 1.3796826386694183,
        "max_drawdown_pct": 62.40378449151392,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MEX",
      "hs_code": 940340,
      "num_markets": 52,
      "highest_price_importer_iso3": "BMU",
      "highest_price_usd_per_ton": 906000,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 246.66666666666669,
      "median_price_across_markets": 4393.093092175592,
      "price_spread_pct": 20617.66765076169,
      "avg_quantity_metric_tons": 1357.3786434108526,
      "total_trade_value_usd": 735612185
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 11412407.37492194,
        "active_destinations": 28,
        "yoy_growth_pct": -4.452527253542642
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      {
        "year": 2011,
        "export_value_usd": 15195816.67302183,
        "active_destinations": 35,
        "yoy_growth_pct": 33.15171964868428
      },
      {
        "year": 2012,
        "export_value_usd": 17582743.579310536,
        "active_destinations": 34,
        "yoy_growth_pct": 15.707789568996184
      },
      {
        "year": 2013,
        "export_value_usd": 17391616.963231713,
        "active_destinations": 26,
        "yoy_growth_pct": -1.0870124745703558
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      {
        "year": 2014,
        "export_value_usd": 26131988.259877447,
        "active_destinations": 34,
        "yoy_growth_pct": 50.256231580560275
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      {
        "year": 2015,
        "export_value_usd": 27286982.81689103,
        "active_destinations": 31,
        "yoy_growth_pct": 4.4198495174855825
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      {
        "year": 2016,
        "export_value_usd": 25705662.30323099,
        "active_destinations": 35,
        "yoy_growth_pct": -5.795146074857276
      },
      {
        "year": 2017,
        "export_value_usd": 36666317.78687531,
        "active_destinations": 36,
        "yoy_growth_pct": 42.63907054542864
      },
      {
        "year": 2018,
        "export_value_usd": 45930423.70992638,
        "active_destinations": 40,
        "yoy_growth_pct": 25.265983829898396
      },
      {
        "year": 2019,
        "export_value_usd": 44334914.83863086,
        "active_destinations": 39,
        "yoy_growth_pct": -3.4737516931521393
      },
      {
        "year": 2020,
        "export_value_usd": 78774658.20506515,
        "active_destinations": 32,
        "yoy_growth_pct": 77.68086054024738
      },
      {
        "year": 2021,
        "export_value_usd": 182968325.43337342,
        "active_destinations": 28,
        "yoy_growth_pct": 132.26800293702667
      },
      {
        "year": 2022,
        "export_value_usd": 286976898.8887775,
        "active_destinations": 43,
        "yoy_growth_pct": 56.845125083291
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      {
        "year": 2023,
        "export_value_usd": 185973601.92171395,
        "active_destinations": 40,
        "yoy_growth_pct": -35.19561935408919
      },
      {
        "year": 2024,
        "export_value_usd": 187603020.22779542,
        "active_destinations": 34,
        "yoy_growth_pct": 0.8761556958860116
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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,
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    "countryMap": {}
  },
  "product": {
    "hs_code": "940340",
    "hs_description": "Furniture: wooden, for kitchen use",
    "hs_chapter": 94,
    "hs_heading": 9403
  },
  "destinations": [
    {
      "hs_code": 940340,
      "corridor_rank": 8,
      "exporter_iso3": "MEX",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 178815588.30256298,
      "exports_all_year_avg_usd": 46095008.55460871,
      "exports_avg_3y_usd": 209675467.10116068,
      "exports_avg_5y_usd": 174688984.07999402,
      "exports_avg_10y_usd": 103329012.74357298,
      "exports_cagr_3y_pct": 1.1809631938614729,
      "exports_cagr_5y_pct": 35.70015173145138,
      "exports_cagr_10y_pct": 21.561541986517362,
      "exports_historical_peak_usd": 273758433.66117245,
      "buyer_imports_latest_observed_usd": 2674487863.139727,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -20.38057879265589,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 5.8764,
      "buyer_yoy_all_avg_pct": 9.2639,
      "buyer_trend_consistency_pct": 82.7586,
      "market_share_latest_pct": 6.685974939988759,
      "market_share_change_1y_pp": -0.299340244240895,
      "peer_best_share_pct": 37.517081179294884,
      "peer_top_exporter": "VNM",
      "supplier_count_latest": 111,
      "buyer_market_hhi": 1912.41,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03143133432052091,
      "tariff_advantage_pp": 0.03835359202106465,
      "volatility_cv": 1.3796826386694183,
      "max_drawdown_pct": 62.40378449151392,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MEX",
    "hs_code": 940340,
    "num_markets": 52,
    "highest_price_importer_iso3": "BMU",
    "highest_price_usd_per_ton": 906000,
    "lowest_price_importer_iso3": "LBR",
    "lowest_price_usd_per_ton": 246.66666666666669,
    "median_price_across_markets": 4393.093092175592,
    "price_spread_pct": 20617.66765076169,
    "avg_quantity_metric_tons": 1357.3786434108526,
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    {
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    {
      "year": 2016,
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    {
      "year": 2017,
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      "yoy_growth_pct": 42.63907054542864
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    {
      "year": 2018,
      "export_value_usd": 45930423.70992638,
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      "yoy_growth_pct": 25.265983829898396
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    {
      "year": 2019,
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    {
      "year": 2020,
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    {
      "year": 2021,
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    {
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    {
      "year": 2023,
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    {
      "year": 2024,
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    "trade_balance_usd": 26384120967.38208,
    "yoy_exports_growth_pct": 4.974965604007986,
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    "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,
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    "labor_force": 61258.39,
    "investment_rate_pct": 23.54,
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    "tertiary_education_pct": 22.98,
    "total_factor_productivity": 945.72,
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    "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,
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    "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,
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    "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,
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    "real_market_potential": 109151.3950451757,
    "foreign_market_potential": 10079.648494044446
  }
}
```