# USA, Puerto Rico and US Virgin Islands HS 040221 exports | Yugalinks

Explore reported HS 040221 exports from USA, Puerto Rico and US Virgin Islands: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | USA, Puerto Rico and US Virgin Islands |
| HS6 | 040221 |
| Latest exports | $94.6M |
| Active destinations | 74 |
| Three-year growth | -13.3% |
| Destination HHI | 1,968 |
| Weighted share | 32.9% |

## Destination markets

- Peru: $37.7M; share 36.2%; growth -3.4%

## Price intelligence

- Highest reported market price: New Zealand at $489.7K / ton.
- Lowest reported market price: Liberia at $208.7 / ton.
- Median reported price: $3.8K / ton.
- Price spread: 12,858.9%.

## Export history

- 2010: $59.8M
- 2011: $41.0M
- 2012: $41.6M
- 2013: $91.4M
- 2014: $125.1M
- 2015: $93.5M
- 2016: $71.6M
- 2017: $71.6M
- 2018: $117.2M
- 2019: $105.5M
- 2020: $116.5M
- 2021: $123.0M
- 2022: $154.7M
- 2023: $94.5M
- 2024: $80.1M

## 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/usa/040221",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040221",
    "exporter": "https://www.yugalinks.com/trade/exporter/usa/040221",
    "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": "040221",
    "exporter_iso3": "USA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 171,
    "current_lane_count": 74,
    "active_market_count": 74,
    "exports_latest_observed_lanes_usd": 94555510.71940698,
    "exports_current_2024_usd": 80087654.85900086,
    "exports_avg_3y_usd": 109767378.43554628,
    "exports_avg_5y_usd": 113753956.62337348,
    "exports_avg_10y_usd": 102815708.41516599,
    "exports_cagr_3y_pct": -13.33024984253205,
    "exports_cagr_5y_pct": -5.363562232539221,
    "exports_cagr_10y_pct": -4.359798907037549,
    "exports_all_year_lane_avg_usd": 83851739.92728202,
    "exports_historical_lane_peak_usd": 449230051.7001706,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": -8.970450935494501,
    "trend_label": "Rapid decline",
    "top_market_iso3": "PER",
    "top_market_exports_usd": 37713661.86871568,
    "top_market_share_pct": 39.88520772800941,
    "destination_hhi": 1967.647627684975,
    "weighted_share_latest_pct": 32.85622168106309,
    "weighted_share_change_1y_pp": 0.3570219048109942,
    "weighted_volatility_cv": 1.485653262550352,
    "weighted_max_drawdown_pct": 91.31799858511508,
    "limited_history_lane_share_pct": 20.46783625730994,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:14",
    "source": "api",
    "product": {
      "hs_code": 40221,
      "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
      "hs_chapter": 4,
      "hs_heading": 402,
      "substitution_elasticity": -6.0457845,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402,
    "destinations": [
      {
        "hs_code": 40221,
        "corridor_rank": 44,
        "exporter_iso3": "USA",
        "importer_iso3": "PER",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 37713661.86871568,
        "exports_all_year_avg_usd": 8766024.082384853,
        "exports_avg_3y_usd": 50749155.5478285,
        "exports_avg_5y_usd": 45638420.02414097,
        "exports_avg_10y_usd": 24639617.002352033,
        "exports_cagr_3y_pct": -3.38805885435578,
        "exports_cagr_5y_pct": 18.243362944923213,
        "exports_cagr_10y_pct": 39.407141366088474,
        "exports_historical_peak_usd": 65912404.418869115,
        "buyer_imports_latest_observed_usd": 104311517.57206702,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": -42.79520022044426,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -26.0024,
        "buyer_yoy_all_avg_pct": 11.2169,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 36.1548396059524,
        "market_share_change_1y_pp": 1.6632582064889547,
        "peer_best_share_pct": 36.1548396059524,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 11,
        "buyer_market_hhi": 2718.89,
        "distance_km": 5890.552734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.1343631972254546,
        "tariff_advantage_pp": 0.1353688483905859,
        "volatility_cv": 2.0197518797556446,
        "max_drawdown_pct": 99.99708491882072,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "USA",
      "hs_code": 40221,
      "num_markets": 119,
      "highest_price_importer_iso3": "NZL",
      "highest_price_usd_per_ton": 489733.3333333334,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 208.68278243709915,
      "median_price_across_markets": 3806.891534233123,
      "price_spread_pct": 12858.907225196483,
      "avg_quantity_metric_tons": 439.0598777777777,
      "total_trade_value_usd": 581652461
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 59757909.90873898,
        "active_destinations": 89,
        "yoy_growth_pct": 97.78963952317024
      },
      {
        "year": 2011,
        "export_value_usd": 41002929.13287275,
        "active_destinations": 80,
        "yoy_growth_pct": -31.384934320006234
      },
      {
        "year": 2012,
        "export_value_usd": 41589427.004881956,
        "active_destinations": 80,
        "yoy_growth_pct": 1.4303804250389454
      },
      {
        "year": 2013,
        "export_value_usd": 91449322.38081415,
        "active_destinations": 85,
        "yoy_growth_pct": 119.88598777780568
      },
      {
        "year": 2014,
        "export_value_usd": 125072194.74707137,
        "active_destinations": 100,
        "yoy_growth_pct": 36.76667195656687
      },
      {
        "year": 2015,
        "export_value_usd": 93483756.70256168,
        "active_destinations": 85,
        "yoy_growth_pct": -25.25616353689944
      },
      {
        "year": 2016,
        "export_value_usd": 71613322.97516511,
        "active_destinations": 81,
        "yoy_growth_pct": -23.39490249304162
      },
      {
        "year": 2017,
        "export_value_usd": 71574785.14882186,
        "active_destinations": 86,
        "yoy_growth_pct": -0.05381376640854641
      },
      {
        "year": 2018,
        "export_value_usd": 117210287.48214118,
        "active_destinations": 93,
        "yoy_growth_pct": 63.75918871210261
      },
      {
        "year": 2019,
        "export_value_usd": 105505148.72610267,
        "active_destinations": 79,
        "yoy_growth_pct": -9.98644317617767
      },
      {
        "year": 2020,
        "export_value_usd": 116451267.81651568,
        "active_destinations": 81,
        "yoy_growth_pct": 10.374962001930127
      },
      {
        "year": 2021,
        "export_value_usd": 123016379.99371292,
        "active_destinations": 81,
        "yoy_growth_pct": 5.637647661802559
      },
      {
        "year": 2022,
        "export_value_usd": 154747574.93562546,
        "active_destinations": 84,
        "yoy_growth_pct": 25.794284422557595
      },
      {
        "year": 2023,
        "export_value_usd": 94466905.51201251,
        "active_destinations": 80,
        "yoy_growth_pct": -38.954193271648705
      },
      {
        "year": 2024,
        "export_value_usd": 80087654.85900086,
        "active_destinations": 74,
        "yoy_growth_pct": -15.221468910276911
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "USA",
      "exports_usd": 1928272713928.0183,
      "imports_usd": 3183475665876.591,
      "trade_balance_usd": -1255202951948.5725,
      "yoy_exports_growth_pct": 1.2130178753190668,
      "yoy_imports_growth_pct": 5.721911300823623,
      "exports_cagr_3y_pct": 5.2744468065821115,
      "imports_cagr_3y_pct": 4.781784239418174,
      "export_partner_hhi": 615.0816428764754,
      "export_product_hhi": 95.45205217935323,
      "momentum_score": 2.43144655469798,
      "risk_score": 3.552668475279143,
      "gdp_million_usd": 28750956.1307312,
      "gdp_per_capita_usd": 84534.04078415484,
      "population": 340110988,
      "labor_force": 169004.92,
      "investment_rate_pct": 21.94,
      "savings_rate_pct": 17.5,
      "secondary_education_pct": 98.29,
      "tertiary_education_pct": 59.84,
      "total_factor_productivity": 2715.21,
      "trade_openness_pct": 25.25168145255992,
      "exports_gdp_pct": 9.525533087298541,
      "num_active_partners": 270,
      "num_fta_partners": 20,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 8736.897119341564,
      "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": 7.4074074074074066,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13674905652698968,
      "avg_mfn_tariff_pct": 0.1379975951427108,
      "avg_preferential_tariff_pct": 0.012729926750844386,
      "tariff_advantage_pp": 0.1252676683918664,
      "avg_distance_all_partners_km": 8568.634628338012,
      "num_border_partners": 60,
      "num_colonial_partners": 222,
      "avg_substitution_elasticity": -10.91231056569188,
      "pct_products_high_elasticity": 76.00461893764434,
      "pct_products_low_elasticity": 2.655889145496536,
      "real_market_potential": 2439042.9588601724,
      "foreign_market_potential": 11758.09282424583
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040221",
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402
  },
  "destinations": [
    {
      "hs_code": 40221,
      "corridor_rank": 44,
      "exporter_iso3": "USA",
      "importer_iso3": "PER",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 37713661.86871568,
      "exports_all_year_avg_usd": 8766024.082384853,
      "exports_avg_3y_usd": 50749155.5478285,
      "exports_avg_5y_usd": 45638420.02414097,
      "exports_avg_10y_usd": 24639617.002352033,
      "exports_cagr_3y_pct": -3.38805885435578,
      "exports_cagr_5y_pct": 18.243362944923213,
      "exports_cagr_10y_pct": 39.407141366088474,
      "exports_historical_peak_usd": 65912404.418869115,
      "buyer_imports_latest_observed_usd": 104311517.57206702,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": -42.79520022044426,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -26.0024,
      "buyer_yoy_all_avg_pct": 11.2169,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 36.1548396059524,
      "market_share_change_1y_pp": 1.6632582064889547,
      "peer_best_share_pct": 36.1548396059524,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 11,
      "buyer_market_hhi": 2718.89,
      "distance_km": 5890.552734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.1343631972254546,
      "tariff_advantage_pp": 0.1353688483905859,
      "volatility_cv": 2.0197518797556446,
      "max_drawdown_pct": 99.99708491882072,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "USA",
    "hs_code": 40221,
    "num_markets": 119,
    "highest_price_importer_iso3": "NZL",
    "highest_price_usd_per_ton": 489733.3333333334,
    "lowest_price_importer_iso3": "LBR",
    "lowest_price_usd_per_ton": 208.68278243709915,
    "median_price_across_markets": 3806.891534233123,
    "price_spread_pct": 12858.907225196483,
    "avg_quantity_metric_tons": 439.0598777777777,
    "total_trade_value_usd": 581652461
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      "export_value_usd": 59757909.90873898,
      "active_destinations": 89,
      "yoy_growth_pct": 97.78963952317024
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    {
      "year": 2011,
      "export_value_usd": 41002929.13287275,
      "active_destinations": 80,
      "yoy_growth_pct": -31.384934320006234
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    {
      "year": 2012,
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      "yoy_growth_pct": 1.4303804250389454
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    {
      "year": 2013,
      "export_value_usd": 91449322.38081415,
      "active_destinations": 85,
      "yoy_growth_pct": 119.88598777780568
    },
    {
      "year": 2014,
      "export_value_usd": 125072194.74707137,
      "active_destinations": 100,
      "yoy_growth_pct": 36.76667195656687
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    {
      "year": 2015,
      "export_value_usd": 93483756.70256168,
      "active_destinations": 85,
      "yoy_growth_pct": -25.25616353689944
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    {
      "year": 2016,
      "export_value_usd": 71613322.97516511,
      "active_destinations": 81,
      "yoy_growth_pct": -23.39490249304162
    },
    {
      "year": 2017,
      "export_value_usd": 71574785.14882186,
      "active_destinations": 86,
      "yoy_growth_pct": -0.05381376640854641
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    {
      "year": 2018,
      "export_value_usd": 117210287.48214118,
      "active_destinations": 93,
      "yoy_growth_pct": 63.75918871210261
    },
    {
      "year": 2019,
      "export_value_usd": 105505148.72610267,
      "active_destinations": 79,
      "yoy_growth_pct": -9.98644317617767
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    {
      "year": 2020,
      "export_value_usd": 116451267.81651568,
      "active_destinations": 81,
      "yoy_growth_pct": 10.374962001930127
    },
    {
      "year": 2021,
      "export_value_usd": 123016379.99371292,
      "active_destinations": 81,
      "yoy_growth_pct": 5.637647661802559
    },
    {
      "year": 2022,
      "export_value_usd": 154747574.93562546,
      "active_destinations": 84,
      "yoy_growth_pct": 25.794284422557595
    },
    {
      "year": 2023,
      "export_value_usd": 94466905.51201251,
      "active_destinations": 80,
      "yoy_growth_pct": -38.954193271648705
    },
    {
      "year": 2024,
      "export_value_usd": 80087654.85900086,
      "active_destinations": 74,
      "yoy_growth_pct": -15.221468910276911
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "USA",
    "exports_usd": 1928272713928.0183,
    "imports_usd": 3183475665876.591,
    "trade_balance_usd": -1255202951948.5725,
    "yoy_exports_growth_pct": 1.2130178753190668,
    "yoy_imports_growth_pct": 5.721911300823623,
    "exports_cagr_3y_pct": 5.2744468065821115,
    "imports_cagr_3y_pct": 4.781784239418174,
    "export_partner_hhi": 615.0816428764754,
    "export_product_hhi": 95.45205217935323,
    "momentum_score": 2.43144655469798,
    "risk_score": 3.552668475279143,
    "gdp_million_usd": 28750956.1307312,
    "gdp_per_capita_usd": 84534.04078415484,
    "population": 340110988,
    "labor_force": 169004.92,
    "investment_rate_pct": 21.94,
    "savings_rate_pct": 17.5,
    "secondary_education_pct": 98.29,
    "tertiary_education_pct": 59.84,
    "total_factor_productivity": 2715.21,
    "trade_openness_pct": 25.25168145255992,
    "exports_gdp_pct": 9.525533087298541,
    "num_active_partners": 270,
    "num_fta_partners": 20,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 3,
    "num_shared_language_partners": 77,
    "avg_partner_distance_km": 8736.897119341564,
    "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": 7.4074074074074066,
    "pct_partners_shared_language": 28.51851851851852,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13674905652698968,
    "avg_mfn_tariff_pct": 0.1379975951427108,
    "avg_preferential_tariff_pct": 0.012729926750844386,
    "tariff_advantage_pp": 0.1252676683918664,
    "avg_distance_all_partners_km": 8568.634628338012,
    "num_border_partners": 60,
    "num_colonial_partners": 222,
    "avg_substitution_elasticity": -10.91231056569188,
    "pct_products_high_elasticity": 76.00461893764434,
    "pct_products_low_elasticity": 2.655889145496536,
    "real_market_potential": 2439042.9588601724,
    "foreign_market_potential": 11758.09282424583
  }
}
```