# USA, Puerto Rico and US Virgin Islands HS 720421 exports | Yugalinks

Explore reported HS 720421 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 | 720421 |
| Latest exports | $508.0M |
| Active destinations | 72 |
| Three-year growth | +8.9% |
| Destination HHI | 2,263 |
| Weighted share | 25.1% |

## Destination markets

- India: $218.6M; share 15.4%; growth +1.9%
- Netherlands: $63.6M; share 13.6%; growth +217.7%
- Taiwan: $50.6M; share 21.5%; growth +0.6%
- Canada: $45.1M; share 96.5%; growth +0.1%
- Republic of Korea: $30.9M; share 7.4%; growth -4.8%
- Italy: $19.8M; share 3.1%; growth +250.6%
- China, Hong Kong Special Administrative Region: $16.7M; share 73.6%; growth +1,817.1%

## Price intelligence

- Highest reported market price: Switzerland, Liechtenstein at $250.0K / ton.
- Lowest reported market price: Namibia at $20.0 / ton.
- Median reported price: $1.6K / ton.
- Price spread: 15,187.8%.

## Export history

- 2010: $760.4M
- 2011: $893.1M
- 2012: $723.6M
- 2013: $623.0M
- 2014: $580.7M
- 2015: $547.0M
- 2016: $425.4M
- 2017: $425.7M
- 2018: $354.8M
- 2019: $427.9M
- 2020: $314.0M
- 2021: $389.8M
- 2022: $435.3M
- 2023: $583.0M
- 2024: $503.5M

## 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/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/usa/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": "USA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 146,
    "current_lane_count": 72,
    "active_market_count": 72,
    "exports_latest_observed_lanes_usd": 507978675.8500294,
    "exports_current_2024_usd": 503500095.3060196,
    "exports_avg_3y_usd": 507283432.2330268,
    "exports_avg_5y_usd": 445149334.31594,
    "exports_avg_10y_usd": 440655240.93625164,
    "exports_cagr_3y_pct": 8.901577565942077,
    "exports_cagr_5y_pct": 3.3054800658227856,
    "exports_cagr_10y_pct": -1.4166168910120236,
    "exports_all_year_lane_avg_usd": 541851947.1628535,
    "exports_historical_lane_peak_usd": 2067430908.1431077,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 10.3181944569541,
    "trend_label": "Growing",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 218593865.45063287,
    "top_market_share_pct": 43.03209481871407,
    "destination_hhi": 2262.6547211378193,
    "weighted_share_latest_pct": 25.092803998769224,
    "weighted_share_change_1y_pp": 1.3719065224346692,
    "weighted_volatility_cv": 0.9585045790598873,
    "weighted_max_drawdown_pct": 87.21434874139406,
    "limited_history_lane_share_pct": 35.61643835616438,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:14",
    "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": [
      {
        "hs_code": 720421,
        "corridor_rank": 7,
        "exporter_iso3": "USA",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 218593865.45063287,
        "exports_all_year_avg_usd": 74197726.97774173,
        "exports_avg_3y_usd": 243202510.9039398,
        "exports_avg_5y_usd": 213207341.44721,
        "exports_avg_10y_usd": 155504326.2141413,
        "exports_cagr_3y_pct": 1.8783031813348838,
        "exports_cagr_5y_pct": 4.900575706192112,
        "exports_cagr_10y_pct": 15.871838987766518,
        "exports_historical_peak_usd": 266952580.99894017,
        "buyer_imports_latest_observed_usd": 1419441773.005506,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -13.993535806431634,
        "trend_label": "Stable",
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        "buyer_yoy_all_avg_pct": 27.5665,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 15.399988193089827,
        "market_share_change_1y_pp": 0.5590760936451389,
        "peer_best_share_pct": 15.39998819308983,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 121,
        "buyer_market_hhi": 617.31,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373736,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.0237092798642968,
        "max_drawdown_pct": 84.81906954104149,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720421,
        "corridor_rank": 24,
        "exporter_iso3": "USA",
        "importer_iso3": "NLD",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 63640810.88748082,
        "exports_all_year_avg_usd": 12890388.010530148,
        "exports_avg_3y_usd": 37374343.306650564,
        "exports_avg_5y_usd": 23047324.8683948,
        "exports_avg_10y_usd": 12871348.56035415,
        "exports_cagr_3y_pct": 217.7000290132171,
        "exports_cagr_5y_pct": 111.18223185504297,
        "exports_cagr_10y_pct": 37.298367975232935,
        "exports_historical_peak_usd": 63640810.88748082,
        "buyer_imports_latest_observed_usd": 468838108.5818115,
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        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 180.40166103798416,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 35.998,
        "buyer_yoy_all_avg_pct": 14.2188,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 13.574154856990598,
        "market_share_change_1y_pp": 0.7849369902151047,
        "peer_best_share_pct": 16.025247407763587,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 101,
        "buyer_market_hhi": 790.3,
        "distance_km": 5866.0458984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05920413126868688,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.22372113957654,
        "max_drawdown_pct": 97.46269064961962,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "corridor_rank": 31,
        "exporter_iso3": "USA",
        "importer_iso3": "TWN",
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        "exports_latest_observed_usd": 50563436.25663388,
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        "exports_avg_3y_usd": 72130564.30637945,
        "exports_avg_5y_usd": 70367823.03151554,
        "exports_avg_10y_usd": 89175297.14076361,
        "exports_cagr_3y_pct": 0.5898866510112288,
        "exports_cagr_5y_pct": -19.757360535513513,
        "exports_cagr_10y_pct": -8.810012041312588,
        "exports_historical_peak_usd": 299333496.92181104,
        "buyer_imports_latest_observed_usd": 234798915.49479088,
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        "positive_growth_year_share_pct": 41.37931034482759,
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        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -28.6234,
        "buyer_yoy_all_avg_pct": 16.0126,
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        "market_share_change_1y_pp": -14.260719132567736,
        "peer_best_share_pct": 28.1710354988214,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 1541.08,
        "distance_km": 12532.5390625,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6962479279812724,
        "max_drawdown_pct": 83.93893097481245,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720421,
        "corridor_rank": 37,
        "exporter_iso3": "USA",
        "importer_iso3": "CAN",
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        "exports_latest_observed_usd": 45090833.261075206,
        "exports_all_year_avg_usd": 32760257.083811156,
        "exports_avg_3y_usd": 44978940.36847132,
        "exports_avg_5y_usd": 41167561.76343672,
        "exports_avg_10y_usd": 32911883.37625044,
        "exports_cagr_3y_pct": 0.06235786941044541,
        "exports_cagr_5y_pct": 19.69559431145891,
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        "exports_historical_peak_usd": 53636357.59696805,
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        "peer_best_share_pct": 96.45207470102068,
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        "supplier_count_latest": 20,
        "buyer_market_hhi": 9306.44,
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        "volatility_cv": 0.33019987001440987,
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        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
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        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720421,
        "corridor_rank": 53,
        "exporter_iso3": "USA",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 30936884.188266203,
        "exports_all_year_avg_usd": 58995142.05939844,
        "exports_avg_3y_usd": 27211455.182465747,
        "exports_avg_5y_usd": 29079707.654634904,
        "exports_avg_10y_usd": 24028177.64145537,
        "exports_cagr_3y_pct": -4.8089406523737495,
        "exports_cagr_5y_pct": 17.45190227474398,
        "exports_cagr_10y_pct": -1.9363845928404233,
        "exports_historical_peak_usd": 146272578.42511612,
        "buyer_imports_latest_observed_usd": 418379328.0929338,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -2.872556059533326,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 11.5834,
        "buyer_yoy_all_avg_pct": 14.154,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 7.394458117537359,
        "market_share_change_1y_pp": 2.681483568745712,
        "peer_best_share_pct": 32.40939208074053,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 2366.57,
        "distance_km": 11065.7021484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13638997290262628,
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        "volatility_cv": 0.6124213326568004,
        "max_drawdown_pct": 91.31995570783718,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720421,
        "corridor_rank": 75,
        "exporter_iso3": "USA",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 19788999.48950982,
        "exports_all_year_avg_usd": 4939575.46515855,
        "exports_avg_3y_usd": 20474642.3805738,
        "exports_avg_5y_usd": 12455235.363037614,
        "exports_avg_10y_usd": 7606973.26584965,
        "exports_cagr_3y_pct": 250.64447319849194,
        "exports_cagr_5y_pct": 13.102268356218815,
        "exports_cagr_10y_pct": 64.79089078482336,
        "exports_historical_peak_usd": 40200371.97046225,
        "buyer_imports_latest_observed_usd": 640940002.2154367,
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        "buyer_yoy_all_avg_pct": 16.5569,
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        "peer_best_share_pct": 39.83218396980423,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 50,
        "buyer_market_hhi": 1985.37,
        "distance_km": 6895.10693359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05920413126868688,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.7186879853852999,
        "max_drawdown_pct": 99.95442089946599,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720421,
        "corridor_rank": 86,
        "exporter_iso3": "USA",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 16675982.202415429,
        "exports_all_year_avg_usd": 4658113.886790433,
        "exports_avg_3y_usd": 6188851.27678061,
        "exports_avg_5y_usd": 4252087.671928789,
        "exports_avg_10y_usd": 5870191.278614716,
        "exports_cagr_3y_pct": 1817.143501225097,
        "exports_cagr_5y_pct": 51.379409110565064,
        "exports_cagr_10y_pct": 7.29972661883842,
        "exports_historical_peak_usd": 16675982.202415429,
        "buyer_imports_latest_observed_usd": 22654358.765248723,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 1809.8437746062586,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 110.0536,
        "buyer_yoy_all_avg_pct": 13.1015,
        "buyer_trend_consistency_pct": 44.8276,
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        "market_share_change_1y_pp": 56.362725384972535,
        "peer_best_share_pct": 73.61047988696997,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 5556.97,
        "distance_km": 12969.5830078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9745400447107142,
        "max_drawdown_pct": 99.98447304362213,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "USA",
      "hs_code": 720421,
      "num_markets": 96,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 250000,
      "lowest_price_importer_iso3": "NAM",
      "lowest_price_usd_per_ton": 20.008428826586925,
      "median_price_across_markets": 1645.923751582773,
      "price_spread_pct": 15187.823332082342,
      "avg_quantity_metric_tons": 7844.735361563519,
      "total_trade_value_usd": 2443093568
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 760414209.0676794,
        "active_destinations": 65,
        "yoy_growth_pct": 19.484910907155257
      },
      {
        "year": 2011,
        "export_value_usd": 893066586.1875839,
        "active_destinations": 60,
        "yoy_growth_pct": 17.444752549080526
      },
      {
        "year": 2012,
        "export_value_usd": 723572810.5620693,
        "active_destinations": 68,
        "yoy_growth_pct": -18.97885087707372
      },
      {
        "year": 2013,
        "export_value_usd": 622983028.1325393,
        "active_destinations": 69,
        "yoy_growth_pct": -13.90181899612731
      },
      {
        "year": 2014,
        "export_value_usd": 580714109.9919437,
        "active_destinations": 68,
        "yoy_growth_pct": -6.784922900275682
      },
      {
        "year": 2015,
        "export_value_usd": 547032318.1325277,
        "active_destinations": 71,
        "yoy_growth_pct": -5.800064313898499
      },
      {
        "year": 2016,
        "export_value_usd": 425350788.65340143,
        "active_destinations": 66,
        "yoy_growth_pct": -22.24393796229913
      },
      {
        "year": 2017,
        "export_value_usd": 425695333.87918013,
        "active_destinations": 68,
        "yoy_growth_pct": 0.08100260654728744
      },
      {
        "year": 2018,
        "export_value_usd": 354787421.68460274,
        "active_destinations": 68,
        "yoy_growth_pct": -16.656962515521094
      },
      {
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      "yoy_growth_pct": -13.643166657751166
    }
  ],
  "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
  }
}
```