# Nicaragua HS 720421 exports | Yugalinks

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

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Nicaragua |
| HS6 | 720421 |
| Latest exports | $667.5K |
| Active destinations | 3 |
| Three-year growth | -12% |
| Destination HHI | 1,761 |
| Weighted share | 2.1% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Spain at $2.2K / ton.
- Lowest reported market price: Republic of Korea at $400.0 / ton.
- Median reported price: $1.3K / ton.
- Price spread: 146%.

## Export history

- 2010: $1.4M
- 2011: $62.8K
- 2012: $253.0K
- 2013: $129.3K
- 2014: $83.5K
- 2015: $229.9K
- 2016: $64.4K
- 2017: $45.7K
- 2018: $125.4K
- 2019: $329.8K
- 2020: $240.4K
- 2021: $404.5K
- 2022: $672.1K
- 2023: $341.7K
- 2024: $275.6K

## 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/nic/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/nic/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": "NIC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 14,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 667476.1585146643,
    "exports_current_2024_usd": 275635.9913463363,
    "exports_avg_3y_usd": 429802.1766983809,
    "exports_avg_5y_usd": 386857.5338217866,
    "exports_avg_10y_usd": 272943.6594489943,
    "exports_cagr_3y_pct": -12.003847499523257,
    "exports_cagr_5y_pct": -3.5245092868169126,
    "exports_cagr_10y_pct": 12.690749665692591,
    "exports_all_year_lane_avg_usd": 802619.0952901309,
    "exports_historical_lane_peak_usd": 2470109.4348880267,
    "historical_peak_year": 2010,
    "positive_growth_year_share_pct": 54.166666666666664,
    "trend_acceleration_pct": -24.694597165215846,
    "trend_label": "Rapid decline",
    "top_market_iso3": "ESP",
    "top_market_exports_usd": 170906.917874503,
    "top_market_share_pct": 25.604947187150838,
    "destination_hhi": 1761.3178883788555,
    "weighted_share_latest_pct": 2.130313753420863,
    "weighted_share_change_1y_pp": 1.7710143942493506,
    "weighted_volatility_cv": 0.6031072358477901,
    "weighted_max_drawdown_pct": 41.8285538160852,
    "limited_history_lane_share_pct": 42.857142857142854,
    "data_freshness_years": 0,
    "coverage_score": 72.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:33",
    "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": "NIC",
      "hs_code": 720421,
      "num_markets": 9,
      "highest_price_importer_iso3": "ESP",
      "highest_price_usd_per_ton": 2239.911163505463,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 400,
      "median_price_across_markets": 1260.0200904068308,
      "price_spread_pct": 146.0223672236368,
      "avg_quantity_metric_tons": 45.770125,
      "total_trade_value_usd": 1505922
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1446523.7934730868,
        "active_destinations": 4,
        "yoy_growth_pct": 1608.2179151816738
      },
      {
        "year": 2011,
        "export_value_usd": 62841.00915585891,
        "active_destinations": 4,
        "yoy_growth_pct": -95.65572239880144
      },
      {
        "year": 2012,
        "export_value_usd": 252983.3570024677,
        "active_destinations": 9,
        "yoy_growth_pct": 302.57685291943
      },
      {
        "year": 2013,
        "export_value_usd": 129332.54349690181,
        "active_destinations": 6,
        "yoy_growth_pct": -48.877054589942745
      },
      {
        "year": 2014,
        "export_value_usd": 83455.16980923065,
        "active_destinations": 3,
        "yoy_growth_pct": -35.47241277967302
      },
      {
        "year": 2015,
        "export_value_usd": 229888.39502359083,
        "active_destinations": 5,
        "yoy_growth_pct": 175.4633362427881
      },
      {
        "year": 2016,
        "export_value_usd": 64415.23017038054,
        "active_destinations": 2,
        "yoy_growth_pct": -71.97978168329448
      },
      {
        "year": 2017,
        "export_value_usd": 45655.71830185968,
        "active_destinations": 3,
        "yoy_growth_pct": -29.122789469045284
      },
      {
        "year": 2018,
        "export_value_usd": 125389.35962443924,
        "active_destinations": 5,
        "yoy_growth_pct": 174.64108393916518
      },
      {
        "year": 2019,
        "export_value_usd": 329800.2222607402,
        "active_destinations": 4,
        "yoy_growth_pct": 163.02090005766317
      },
      {
        "year": 2020,
        "export_value_usd": 240356.5976743895,
        "active_destinations": 4,
        "yoy_growth_pct": -27.12054709157731
      },
      {
        "year": 2021,
        "export_value_usd": 404524.5413394004,
        "active_destinations": 4,
        "yoy_growth_pct": 68.3018253933719
      },
      {
        "year": 2022,
        "export_value_usd": 672070.3011447622,
        "active_destinations": 7,
        "yoy_growth_pct": 66.13832597634368
      },
      {
        "year": 2023,
        "export_value_usd": 341700.2376040444,
        "active_destinations": 6,
        "yoy_growth_pct": -49.157069279506366
      },
      {
        "year": 2024,
        "export_value_usd": 275635.9913463363,
        "active_destinations": 3,
        "yoy_growth_pct": -19.33397726643141
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "NIC",
      "exports_usd": 8506430988.90392,
      "imports_usd": 10371888513.600775,
      "trade_balance_usd": -1865457524.6968546,
      "yoy_exports_growth_pct": 5.222729169266005,
      "yoy_imports_growth_pct": 9.821888630167951,
      "exports_cagr_3y_pct": 6.025011172734218,
      "imports_cagr_3y_pct": 4.892613200398355,
      "export_partner_hhi": 2689.4537170113945,
      "export_product_hhi": 633.5123213960824,
      "momentum_score": 5.4634137703064685,
      "risk_score": 16.614830192037385,
      "gdp_million_usd": 19693.982967592558,
      "gdp_per_capita_usd": 2847.53966339498,
      "population": 6916140,
      "labor_force": 3330.88,
      "investment_rate_pct": 29.41,
      "savings_rate_pct": 13.64,
      "secondary_education_pct": 58.39,
      "tertiary_education_pct": 15.09,
      "total_factor_productivity": 310.63,
      "trade_openness_pct": 105.79710759539931,
      "exports_gdp_pct": 47.67139333914253,
      "num_active_partners": 270,
      "num_fta_partners": 39,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 2,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 10039.399176954732,
      "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": 14.444444444444443,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 0.7407407407407408,
      "avg_applied_tariff_pct": 0.13244843646748408,
      "avg_mfn_tariff_pct": 0.1377211238225496,
      "avg_preferential_tariff_pct": 0.03841573444677547,
      "tariff_advantage_pp": 0.09930538937577414,
      "avg_distance_all_partners_km": 9830.921460921105,
      "num_border_partners": 50,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -7.968102102409399,
      "pct_products_high_elasticity": 65.38830297219559,
      "pct_products_low_elasticity": 4.6021093000958775,
      "real_market_potential": 47575.69227791216,
      "foreign_market_potential": 14459.061744995312
    },
    "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": "NIC",
    "hs_code": 720421,
    "num_markets": 9,
    "highest_price_importer_iso3": "ESP",
    "highest_price_usd_per_ton": 2239.911163505463,
    "lowest_price_importer_iso3": "KOR",
    "lowest_price_usd_per_ton": 400,
    "median_price_across_markets": 1260.0200904068308,
    "price_spread_pct": 146.0223672236368,
    "avg_quantity_metric_tons": 45.770125,
    "total_trade_value_usd": 1505922
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 1446523.7934730868,
      "active_destinations": 4,
      "yoy_growth_pct": 1608.2179151816738
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    {
      "year": 2011,
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      "active_destinations": 4,
      "yoy_growth_pct": -95.65572239880144
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    {
      "year": 2012,
      "export_value_usd": 252983.3570024677,
      "active_destinations": 9,
      "yoy_growth_pct": 302.57685291943
    },
    {
      "year": 2013,
      "export_value_usd": 129332.54349690181,
      "active_destinations": 6,
      "yoy_growth_pct": -48.877054589942745
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    {
      "year": 2014,
      "export_value_usd": 83455.16980923065,
      "active_destinations": 3,
      "yoy_growth_pct": -35.47241277967302
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    {
      "year": 2015,
      "export_value_usd": 229888.39502359083,
      "active_destinations": 5,
      "yoy_growth_pct": 175.4633362427881
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    {
      "year": 2016,
      "export_value_usd": 64415.23017038054,
      "active_destinations": 2,
      "yoy_growth_pct": -71.97978168329448
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    {
      "year": 2017,
      "export_value_usd": 45655.71830185968,
      "active_destinations": 3,
      "yoy_growth_pct": -29.122789469045284
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    {
      "year": 2018,
      "export_value_usd": 125389.35962443924,
      "active_destinations": 5,
      "yoy_growth_pct": 174.64108393916518
    },
    {
      "year": 2019,
      "export_value_usd": 329800.2222607402,
      "active_destinations": 4,
      "yoy_growth_pct": 163.02090005766317
    },
    {
      "year": 2020,
      "export_value_usd": 240356.5976743895,
      "active_destinations": 4,
      "yoy_growth_pct": -27.12054709157731
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    {
      "year": 2021,
      "export_value_usd": 404524.5413394004,
      "active_destinations": 4,
      "yoy_growth_pct": 68.3018253933719
    },
    {
      "year": 2022,
      "export_value_usd": 672070.3011447622,
      "active_destinations": 7,
      "yoy_growth_pct": 66.13832597634368
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    {
      "year": 2023,
      "export_value_usd": 341700.2376040444,
      "active_destinations": 6,
      "yoy_growth_pct": -49.157069279506366
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    {
      "year": 2024,
      "export_value_usd": 275635.9913463363,
      "active_destinations": 3,
      "yoy_growth_pct": -19.33397726643141
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  ],
  "economy": {
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    "country_iso3": "NIC",
    "exports_usd": 8506430988.90392,
    "imports_usd": 10371888513.600775,
    "trade_balance_usd": -1865457524.6968546,
    "yoy_exports_growth_pct": 5.222729169266005,
    "yoy_imports_growth_pct": 9.821888630167951,
    "exports_cagr_3y_pct": 6.025011172734218,
    "imports_cagr_3y_pct": 4.892613200398355,
    "export_partner_hhi": 2689.4537170113945,
    "export_product_hhi": 633.5123213960824,
    "momentum_score": 5.4634137703064685,
    "risk_score": 16.614830192037385,
    "gdp_million_usd": 19693.982967592558,
    "gdp_per_capita_usd": 2847.53966339498,
    "population": 6916140,
    "labor_force": 3330.88,
    "investment_rate_pct": 29.41,
    "savings_rate_pct": 13.64,
    "secondary_education_pct": 58.39,
    "tertiary_education_pct": 15.09,
    "total_factor_productivity": 310.63,
    "trade_openness_pct": 105.79710759539931,
    "exports_gdp_pct": 47.67139333914253,
    "num_active_partners": 270,
    "num_fta_partners": 39,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 2,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 10039.399176954732,
    "avg_partner_gdp_million_usd": 533678518.3258193,
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    "foreign_market_potential": 14459.061744995312
  }
}
```