# Montenegro HS 720421 exports | Yugalinks

Explore reported HS 720421 exports from Montenegro: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Montenegro |
| HS6 | 720421 |
| Latest exports | $2.5M |
| Active destinations | 2 |
| Three-year growth | -44.2% |
| Destination HHI | 4,054 |
| Weighted share | 6.5% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Bosnia and Herzegovina at $5.0K / ton.
- Lowest reported market price: Turkey at $461.9 / ton.
- Median reported price: $1.3K / ton.
- Price spread: 345.7%.

## Export history

- 2010: $1.7M
- 2011: $551.4K
- 2012: $622.8K
- 2013: $361.2K
- 2014: $952.5K
- 2015: $1.2M
- 2016: $446.6K
- 2017: $345.4K
- 2018: $411.7K
- 2019: $467.5K
- 2020: $510.2K
- 2021: $2.4M
- 2022: $2.1M
- 2023: $563.2K
- 2024: $415.2K

## 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/mne/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/mne/720421",
    "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": "720421",
    "exporter_iso3": "MNE",
    "first_data_year": 2006,
    "latest_data_year": 2024,
    "observed_lane_count": 13,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 2534553.804334117,
    "exports_current_2024_usd": 415190.4065205354,
    "exports_avg_3y_usd": 1013969.1815405599,
    "exports_avg_5y_usd": 1187298.0282867781,
    "exports_avg_10y_usd": 882568.7651249509,
    "exports_cagr_3y_pct": -44.158165180082484,
    "exports_cagr_5y_pct": -2.3462053017138884,
    "exports_cagr_10y_pct": -7.96807551374763,
    "exports_all_year_lane_avg_usd": 2039449.2821085183,
    "exports_historical_lane_peak_usd": 4538777.980618896,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 55.55555555555556,
    "trend_acceleration_pct": -36.190089666334856,
    "trend_label": "Rapid decline",
    "top_market_iso3": "TUR",
    "top_market_exports_usd": 1512415.0411509336,
    "top_market_share_pct": 59.67184593062045,
    "destination_hhi": 4054.089815818769,
    "weighted_share_latest_pct": 6.4970723262586825,
    "weighted_share_change_1y_pp": 6.078637260453391,
    "weighted_volatility_cv": 0.6339751488601431,
    "weighted_max_drawdown_pct": 17.809637905752947,
    "limited_history_lane_share_pct": 69.23076923076923,
    "data_freshness_years": 0,
    "coverage_score": 60.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:27",
    "source": "api",
    "product": {
      "hs_code": 720421,
      "hs_description": "Ferrous waste and scrap: of stainless steel",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -15.970032,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "MNE",
      "hs_code": 720421,
      "num_markets": 8,
      "highest_price_importer_iso3": "BIH",
      "highest_price_usd_per_ton": 4978.508925446272,
      "lowest_price_importer_iso3": "TUR",
      "lowest_price_usd_per_ton": 461.854981956358,
      "median_price_across_markets": 1306.5421856584937,
      "price_spread_pct": 345.69522462173944,
      "avg_quantity_metric_tons": 375.9120869565217,
      "total_trade_value_usd": 5533784
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1698654.5983781326,
        "active_destinations": 8,
        "yoy_growth_pct": 137.27887897934522
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      {
        "year": 2011,
        "export_value_usd": 551350.4785857867,
        "active_destinations": 5,
        "yoy_growth_pct": -67.54193117822696
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      {
        "year": 2012,
        "export_value_usd": 622779.8556286177,
        "active_destinations": 5,
        "yoy_growth_pct": 12.955348696902796
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      {
        "year": 2013,
        "export_value_usd": 361164.41481224756,
        "active_destinations": 6,
        "yoy_growth_pct": -42.0076915545546
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      {
        "year": 2014,
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      {
        "year": 2015,
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      {
        "year": 2016,
        "export_value_usd": 446611.157427679,
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        "yoy_growth_pct": -63.32982089842017
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      {
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        "active_destinations": 5,
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        "year": 2021,
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      {
        "year": 2023,
        "export_value_usd": 563170.527756379,
        "active_destinations": 3,
        "yoy_growth_pct": -72.70861123595905
      },
      {
        "year": 2024,
        "export_value_usd": 415190.4065205354,
        "active_destinations": 2,
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      "yoy_imports_growth_pct": 8.221657623984925,
      "exports_cagr_3y_pct": 12.935962661507272,
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      "momentum_score": -12.031879484875759,
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      "gdp_million_usd": 8270.016670867739,
      "gdp_per_capita_usd": 13263.32812776992,
      "population": 623525,
      "labor_force": 281.71,
      "investment_rate_pct": 24.41,
      "savings_rate_pct": 1.75,
      "secondary_education_pct": 92.7,
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      "total_factor_productivity": 717.47,
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      "num_active_partners": 270,
      "num_fta_partners": 0,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 2,
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      "pct_partners_with_fta": 0,
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      "avg_applied_tariff_pct": 0.08710905157469487,
      "avg_mfn_tariff_pct": 0.09534589884551371,
      "avg_preferential_tariff_pct": 0.023428429532326267,
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      "num_border_partners": null,
      "num_colonial_partners": null,
      "avg_substitution_elasticity": -9.279712591885641,
      "pct_products_high_elasticity": 70.6576125804146,
      "pct_products_low_elasticity": 3.466761972837741,
      "real_market_potential": null,
      "foreign_market_potential": null
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    "countryMap": {}
  },
  "product": {
    "hs_code": "720421",
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MNE",
    "hs_code": 720421,
    "num_markets": 8,
    "highest_price_importer_iso3": "BIH",
    "highest_price_usd_per_ton": 4978.508925446272,
    "lowest_price_importer_iso3": "TUR",
    "lowest_price_usd_per_ton": 461.854981956358,
    "median_price_across_markets": 1306.5421856584937,
    "price_spread_pct": 345.69522462173944,
    "avg_quantity_metric_tons": 375.9120869565217,
    "total_trade_value_usd": 5533784
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    {
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}
```