# Venezuela HS 720421 exports | Yugalinks

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

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Venezuela |
| HS6 | 720421 |
| Latest exports | $5.8M |
| Active destinations | 8 |
| Three-year growth | -21.7% |
| Destination HHI | 1,518 |
| Weighted share | 1.7% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Netherlands at $2.5K / ton.
- Lowest reported market price: Republic of Korea at $464.0 / ton.
- Median reported price: $1.3K / ton.
- Price spread: 147.9%.

## Export history

- 2009: $3.1M
- 2010: $9.2M
- 2011: $3.2M
- 2012: $115.8K
- 2014: $1.9M
- 2015: $410.4
- 2016: $791.4K
- 2017: $2.1M
- 2018: $6.6M
- 2019: $2.5M
- 2020: $1.5M
- 2021: $6.1M
- 2022: $9.3M
- 2023: $3.3M
- 2024: $2.9M

## 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/ven/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/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": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 25,
    "current_lane_count": 8,
    "active_market_count": 8,
    "exports_latest_observed_lanes_usd": 5826425.600848016,
    "exports_current_2024_usd": 2913259.9884007126,
    "exports_avg_3y_usd": 5171110.717572403,
    "exports_avg_5y_usd": 4610453.170936698,
    "exports_avg_10y_usd": 3498529.564788441,
    "exports_cagr_3y_pct": -21.700683504876295,
    "exports_cagr_5y_pct": 3.3462538626626515,
    "exports_cagr_10y_pct": 4.145129867441599,
    "exports_all_year_lane_avg_usd": 6940825.650047729,
    "exports_historical_lane_peak_usd": 36298501.9718317,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 53.57142857142857,
    "trend_acceleration_pct": -25.845813372317895,
    "trend_label": "Rapid decline",
    "top_market_iso3": "ESP",
    "top_market_exports_usd": 1215524.101130863,
    "top_market_share_pct": 20.862260747892286,
    "destination_hhi": 1517.8086563511117,
    "weighted_share_latest_pct": 1.6515281746897188,
    "weighted_share_change_1y_pp": 1.2495754161234702,
    "weighted_volatility_cv": 1.2200496999954578,
    "weighted_max_drawdown_pct": 70.2166005550387,
    "limited_history_lane_share_pct": 48,
    "data_freshness_years": 0,
    "coverage_score": 84,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:17",
    "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": "VEN",
      "hs_code": 720421,
      "num_markets": 11,
      "highest_price_importer_iso3": "NLD",
      "highest_price_usd_per_ton": 2452.2800069111254,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 464.0179252911349,
      "median_price_across_markets": 1344.537234042553,
      "price_spread_pct": 147.87705623011882,
      "avg_quantity_metric_tons": 600.5388846153845,
      "total_trade_value_usd": 20275283
    },
    "history": [
      {
        "year": 2009,
        "export_value_usd": 3061762.0400019386,
        "active_destinations": 3,
        "yoy_growth_pct": -86.19053063605435
      },
      {
        "year": 2010,
        "export_value_usd": 9221028.032056998,
        "active_destinations": 3,
        "yoy_growth_pct": 201.1673641381732
      },
      {
        "year": 2011,
        "export_value_usd": 3177578.554106194,
        "active_destinations": 3,
        "yoy_growth_pct": -65.53986667148924
      },
      {
        "year": 2012,
        "export_value_usd": 115788.81989321709,
        "active_destinations": 1,
        "yoy_growth_pct": -96.35606742928226
      },
      {
        "year": 2014,
        "export_value_usd": 1940839.3348944068,
        "active_destinations": 1,
        "yoy_growth_pct": 1576.1888899846201
      },
      {
        "year": 2015,
        "export_value_usd": 410.383340587368,
        "active_destinations": 1,
        "yoy_growth_pct": -99.97885536771595
      },
      {
        "year": 2016,
        "export_value_usd": 791406.6229515971,
        "active_destinations": 4,
        "yoy_growth_pct": 192745.69929639032
      },
      {
        "year": 2017,
        "export_value_usd": 2053609.9239882072,
        "active_destinations": 4,
        "yoy_growth_pct": 159.48859466567887
      },
      {
        "year": 2018,
        "export_value_usd": 6616416.206082822,
        "active_destinations": 7,
        "yoy_growth_pct": 222.18466266628815
      },
      {
        "year": 2019,
        "export_value_usd": 2471186.656837708,
        "active_destinations": 4,
        "yoy_growth_pct": -62.65067704528904
      },
      {
        "year": 2020,
        "export_value_usd": 1470098.6840495635,
        "active_destinations": 3,
        "yoy_growth_pct": -40.510415108391776
      },
      {
        "year": 2021,
        "export_value_usd": 6068835.0179167185,
        "active_destinations": 7,
        "yoy_growth_pct": 312.8182062716622
      },
      {
        "year": 2022,
        "export_value_usd": 9340031.613371503,
        "active_destinations": 9,
        "yoy_growth_pct": 53.90155747845169
      },
      {
        "year": 2023,
        "export_value_usd": 3260040.550944995,
        "active_destinations": 7,
        "yoy_growth_pct": -65.09604371919029
      },
      {
        "year": 2024,
        "export_value_usd": 2913259.9884007126,
        "active_destinations": 8,
        "yoy_growth_pct": -10.637308252001972
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "VEN",
      "exports_usd": 13200085503.257254,
      "imports_usd": 14325240493.82624,
      "trade_balance_usd": -1125154990.568987,
      "yoy_exports_growth_pct": 82.11112530683995,
      "yoy_imports_growth_pct": 36.42892163766183,
      "exports_cagr_3y_pct": 44.378505179386885,
      "imports_cagr_3y_pct": 23.02352215844412,
      "export_partner_hhi": 2516.299220254697,
      "export_product_hhi": 4955.455899791821,
      "momentum_score": 70.79133926860403,
      "risk_score": 37.35877560023259,
      "gdp_million_usd": 119802.96325778269,
      "gdp_per_capita_usd": 4217.5910264339145,
      "population": 28405543,
      "labor_force": 13647.58,
      "investment_rate_pct": 20.62,
      "savings_rate_pct": 16.2,
      "secondary_education_pct": 71.03,
      "tertiary_education_pct": 14.49,
      "total_factor_productivity": 531.08,
      "trade_openness_pct": 14.390220515210059,
      "exports_gdp_pct": 6.900995150125605,
      "num_active_partners": 270,
      "num_fta_partners": 5,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 9222.366255144032,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "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": 1.8518518518518516,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13132459018022274,
      "avg_mfn_tariff_pct": 0.13716341397185977,
      "avg_preferential_tariff_pct": 0.04698212517883296,
      "tariff_advantage_pp": 0.09018128879302681,
      "avg_distance_all_partners_km": 9022.806952651094,
      "num_border_partners": 75,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.79007230856391,
      "pct_products_high_elasticity": 69.9105733824303,
      "pct_products_low_elasticity": 3.787480273540242,
      "real_market_potential": 200308.2871830689,
      "foreign_market_potential": 9461.022611337874
    },
    "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": "VEN",
    "hs_code": 720421,
    "num_markets": 11,
    "highest_price_importer_iso3": "NLD",
    "highest_price_usd_per_ton": 2452.2800069111254,
    "lowest_price_importer_iso3": "KOR",
    "lowest_price_usd_per_ton": 464.0179252911349,
    "median_price_across_markets": 1344.537234042553,
    "price_spread_pct": 147.87705623011882,
    "avg_quantity_metric_tons": 600.5388846153845,
    "total_trade_value_usd": 20275283
  },
  "history": [
    {
      "year": 2009,
      "export_value_usd": 3061762.0400019386,
      "active_destinations": 3,
      "yoy_growth_pct": -86.19053063605435
    },
    {
      "year": 2010,
      "export_value_usd": 9221028.032056998,
      "active_destinations": 3,
      "yoy_growth_pct": 201.1673641381732
    },
    {
      "year": 2011,
      "export_value_usd": 3177578.554106194,
      "active_destinations": 3,
      "yoy_growth_pct": -65.53986667148924
    },
    {
      "year": 2012,
      "export_value_usd": 115788.81989321709,
      "active_destinations": 1,
      "yoy_growth_pct": -96.35606742928226
    },
    {
      "year": 2014,
      "export_value_usd": 1940839.3348944068,
      "active_destinations": 1,
      "yoy_growth_pct": 1576.1888899846201
    },
    {
      "year": 2015,
      "export_value_usd": 410.383340587368,
      "active_destinations": 1,
      "yoy_growth_pct": -99.97885536771595
    },
    {
      "year": 2016,
      "export_value_usd": 791406.6229515971,
      "active_destinations": 4,
      "yoy_growth_pct": 192745.69929639032
    },
    {
      "year": 2017,
      "export_value_usd": 2053609.9239882072,
      "active_destinations": 4,
      "yoy_growth_pct": 159.48859466567887
    },
    {
      "year": 2018,
      "export_value_usd": 6616416.206082822,
      "active_destinations": 7,
      "yoy_growth_pct": 222.18466266628815
    },
    {
      "year": 2019,
      "export_value_usd": 2471186.656837708,
      "active_destinations": 4,
      "yoy_growth_pct": -62.65067704528904
    },
    {
      "year": 2020,
      "export_value_usd": 1470098.6840495635,
      "active_destinations": 3,
      "yoy_growth_pct": -40.510415108391776
    },
    {
      "year": 2021,
      "export_value_usd": 6068835.0179167185,
      "active_destinations": 7,
      "yoy_growth_pct": 312.8182062716622
    },
    {
      "year": 2022,
      "export_value_usd": 9340031.613371503,
      "active_destinations": 9,
      "yoy_growth_pct": 53.90155747845169
    },
    {
      "year": 2023,
      "export_value_usd": 3260040.550944995,
      "active_destinations": 7,
      "yoy_growth_pct": -65.09604371919029
    },
    {
      "year": 2024,
      "export_value_usd": 2913259.9884007126,
      "active_destinations": 8,
      "yoy_growth_pct": -10.637308252001972
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "VEN",
    "exports_usd": 13200085503.257254,
    "imports_usd": 14325240493.82624,
    "trade_balance_usd": -1125154990.568987,
    "yoy_exports_growth_pct": 82.11112530683995,
    "yoy_imports_growth_pct": 36.42892163766183,
    "exports_cagr_3y_pct": 44.378505179386885,
    "imports_cagr_3y_pct": 23.02352215844412,
    "export_partner_hhi": 2516.299220254697,
    "export_product_hhi": 4955.455899791821,
    "momentum_score": 70.79133926860403,
    "risk_score": 37.35877560023259,
    "gdp_million_usd": 119802.96325778269,
    "gdp_per_capita_usd": 4217.5910264339145,
    "population": 28405543,
    "labor_force": 13647.58,
    "investment_rate_pct": 20.62,
    "savings_rate_pct": 16.2,
    "secondary_education_pct": 71.03,
    "tertiary_education_pct": 14.49,
    "total_factor_productivity": 531.08,
    "trade_openness_pct": 14.390220515210059,
    "exports_gdp_pct": 6.900995150125605,
    "num_active_partners": 270,
    "num_fta_partners": 5,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 3,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 9222.366255144032,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "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": 1.8518518518518516,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13132459018022274,
    "avg_mfn_tariff_pct": 0.13716341397185977,
    "avg_preferential_tariff_pct": 0.04698212517883296,
    "tariff_advantage_pp": 0.09018128879302681,
    "avg_distance_all_partners_km": 9022.806952651094,
    "num_border_partners": 75,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.79007230856391,
    "pct_products_high_elasticity": 69.9105733824303,
    "pct_products_low_elasticity": 3.787480273540242,
    "real_market_potential": 200308.2871830689,
    "foreign_market_potential": 9461.022611337874
  }
}
```