# Viet Nam HS 721621 exports | Yugalinks

Explore reported HS 721621 exports from Viet Nam: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Viet Nam |
| HS6 | 721621 |
| Latest exports | $6.4M |
| Active destinations | 16 |
| Three-year growth | +30.7% |
| Destination HHI | 4,524 |
| Weighted share | 10.6% |

## Destination markets

- Mexico: $4.1M; share 10%; growth +611%
- USA, Puerto Rico and US Virgin Islands: $885.1K; share 0.9%; growth +378.7%

## Price intelligence

- Highest reported market price: Thailand at $78.3K / ton.
- Lowest reported market price: Laos at $337.3 / ton.
- Median reported price: $903.2 / ton.
- Price spread: 8,635%.

## Export history

- 2010: $557.4K
- 2011: $346.4K
- 2012: $242.7K
- 2013: $686.6K
- 2014: $71.5K
- 2015: $274.0K
- 2016: $308.5K
- 2017: $161.9K
- 2018: $2.9M
- 2019: $3.6M
- 2020: $1.9M
- 2021: $2.8M
- 2022: $2.0M
- 2023: $4.5M
- 2024: $6.3M

## 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/vnm/721621",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721621",
    "exporter": "https://www.yugalinks.com/trade/exporter/vnm/721621",
    "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": "721621",
    "exporter_iso3": "VNM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 39,
    "current_lane_count": 16,
    "active_market_count": 16,
    "exports_latest_observed_lanes_usd": 6389663.818844733,
    "exports_current_2024_usd": 6305633.109308284,
    "exports_avg_3y_usd": 4254194.716860267,
    "exports_avg_5y_usd": 3488753.7530008354,
    "exports_avg_10y_usd": 2470763.493491656,
    "exports_cagr_3y_pct": 30.674096527416374,
    "exports_cagr_5y_pct": 11.59009566387792,
    "exports_cagr_10y_pct": 56.51171165244795,
    "exports_all_year_lane_avg_usd": 3702723.1092158756,
    "exports_historical_lane_peak_usd": 11016380.680387557,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -25.837615125031576,
    "trend_label": "Rapid growth",
    "top_market_iso3": "MEX",
    "top_market_exports_usd": 4099413.8638684107,
    "top_market_share_pct": 64.1569569243722,
    "destination_hhi": 4523.826199134876,
    "weighted_share_latest_pct": 10.6384017461583,
    "weighted_share_change_1y_pp": 1.7297880907447536,
    "weighted_volatility_cv": 1.0341463111872546,
    "weighted_max_drawdown_pct": 33.617908428975866,
    "limited_history_lane_share_pct": 76.92307692307692,
    "data_freshness_years": 0,
    "coverage_score": 78,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:30:18",
    "source": "api",
    "product": {
      "hs_code": 721621,
      "hs_description": "Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm",
      "hs_chapter": 72,
      "hs_heading": 7216,
      "substitution_elasticity": -5.9425745,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm",
    "hs_chapter": 72,
    "hs_heading": 7216,
    "destinations": [
      {
        "hs_code": 721621,
        "corridor_rank": 40,
        "exporter_iso3": "VNM",
        "importer_iso3": "MEX",
        "latest_data_year": 2024,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 4099413.8638684107,
        "exports_all_year_avg_usd": 1888666.8917511583,
        "exports_avg_3y_usd": 2514420.747530546,
        "exports_avg_5y_usd": 2514420.747530546,
        "exports_avg_10y_usd": 2514420.747530546,
        "exports_cagr_3y_pct": 611.0029034594768,
        "exports_cagr_5y_pct": 224.43135808689115,
        "exports_cagr_10y_pct": 80.11978183611348,
        "exports_historical_peak_usd": 4099413.8638684107,
        "buyer_imports_latest_observed_usd": 41107429.48841965,
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        "trend_acceleration_pct": 530.8831216233633,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -35.6333,
        "buyer_yoy_all_avg_pct": 15.7783,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 9.972440298227001,
        "market_share_change_1y_pp": 5.055839697426024,
        "peer_best_share_pct": 58.779929434517996,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 21,
        "buyer_market_hhi": 3729.76,
        "distance_km": 14772.001953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13474113763526568,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9355655306339788,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
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        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721621,
        "corridor_rank": 95,
        "exporter_iso3": "VNM",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 3,
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        "exports_avg_5y_usd": 442801.81945635536,
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        "exports_cagr_5y_pct": 155.88466177825288,
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        "buyer_yoy_latest_pct": -1.9904,
        "buyer_yoy_all_avg_pct": 11.1828,
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        "supplier_count_latest": 28,
        "buyer_market_hhi": 4652.51,
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        "has_reported_fta": 0,
        "applied_tariff_pct": 0.045268132218115945,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3939910556392234,
        "max_drawdown_pct": 94.2079279099023,
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        "signal_flag": "Accelerating",
        "confidence_label": "Low",
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    "priceSummary": {
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      "hs_code": 721621,
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      "highest_price_importer_iso3": "THA",
      "highest_price_usd_per_ton": 78327.38095238095,
      "lowest_price_importer_iso3": "LAO",
      "lowest_price_usd_per_ton": 337.3345973588987,
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      "price_spread_pct": 8634.96472150953,
      "avg_quantity_metric_tons": 402.6514782608695,
      "total_trade_value_usd": 16527881
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        "year": 2013,
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      {
        "year": 2014,
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      {
        "year": 2015,
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        "yoy_growth_pct": 283.28592468523675
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      {
        "year": 2016,
        "export_value_usd": 308480.1534559741,
        "active_destinations": 9,
        "yoy_growth_pct": 12.57554795761619
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      {
        "year": 2017,
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    "economy": {
      "year": 2024,
      "country_iso3": "VNM",
      "exports_usd": 450915295703.1746,
      "imports_usd": 381218902647.6394,
      "trade_balance_usd": 69696393055.53522,
      "yoy_exports_growth_pct": 13.725488700787292,
      "yoy_imports_growth_pct": 15.67277111361529,
      "exports_cagr_3y_pct": 7.295174087342682,
      "imports_cagr_3y_pct": 4.2484023972689355,
      "export_partner_hhi": 1231.7927856205781,
      "export_product_hhi": 230.3834187225243,
      "momentum_score": 11.796394316753908,
      "risk_score": 7.310881021715512,
      "gdp_million_usd": 476388.23030717525,
      "gdp_per_capita_usd": 4717.290287324488,
      "population": 100987686,
      "labor_force": 59201.53,
      "investment_rate_pct": 32.47,
      "savings_rate_pct": 24.53,
      "secondary_education_pct": 71.58,
      "tertiary_education_pct": 6.59,
      "total_factor_productivity": 287.3,
      "trade_openness_pct": 301.85354924188175,
      "exports_gdp_pct": 163.56782678227825,
      "num_active_partners": 1080,
      "num_fta_partners": 102,
      "num_wto_partners": 676,
      "num_eu_partners": 112,
      "num_shared_border_partners": 6,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 9643.152263374486,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.77418617021274,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 9.444444444444445,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 0.5555555555555556,
      "avg_applied_tariff_pct": 0.12663785666716132,
      "avg_mfn_tariff_pct": 0.1317541361222806,
      "avg_preferential_tariff_pct": 0.04155171411555329,
      "tariff_advantage_pp": 0.0902024220067273,
      "avg_distance_all_partners_km": 9401.718034254704,
      "num_border_partners": 105,
      "num_colonial_partners": 35,
      "avg_substitution_elasticity": -10.51408978907655,
      "pct_products_high_elasticity": 75.1926782273603,
      "pct_products_low_elasticity": 2.7697495183044314,
      "real_market_potential": 74425.93892458122,
      "foreign_market_potential": 10045.70242824143
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    "countryMap": {}
  },
  "product": {
    "hs_code": "721621",
    "hs_description": "Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm",
    "hs_chapter": 72,
    "hs_heading": 7216
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  "destinations": [
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      "corridor_rank": 40,
      "exporter_iso3": "VNM",
      "importer_iso3": "MEX",
      "latest_data_year": 2024,
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      "exports_avg_10y_usd": 2514420.747530546,
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      "historical_peak_year": 2024,
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      "trend_label": "Rapid growth",
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      "supplier_count_latest": 21,
      "buyer_market_hhi": 3729.76,
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      "has_reported_fta": 1,
      "applied_tariff_pct": 0.13474113763526568,
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      "volatility_cv": 0.9355655306339788,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
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      "corridor_rank": 95,
      "exporter_iso3": "VNM",
      "importer_iso3": "USA",
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      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VNM",
    "hs_code": 721621,
    "num_markets": 23,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 78327.38095238095,
    "lowest_price_importer_iso3": "LAO",
    "lowest_price_usd_per_ton": 337.3345973588987,
    "median_price_across_markets": 903.188940202041,
    "price_spread_pct": 8634.96472150953,
    "avg_quantity_metric_tons": 402.6514782608695,
    "total_trade_value_usd": 16527881
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 557362.5441644181,
      "active_destinations": 5,
      "yoy_growth_pct": 456.77362931947545
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    {
      "year": 2011,
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      "yoy_growth_pct": -37.84818956003356
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      "year": 2012,
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      "active_destinations": 3,
      "yoy_growth_pct": -29.928332000101655
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    {
      "year": 2013,
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      "yoy_growth_pct": 182.86293322189573
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      "year": 2014,
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    {
      "year": 2015,
      "export_value_usd": 274020.56579117384,
      "active_destinations": 7,
      "yoy_growth_pct": 283.28592468523675
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    {
      "year": 2016,
      "export_value_usd": 308480.1534559741,
      "active_destinations": 9,
      "yoy_growth_pct": 12.57554795761619
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    {
      "year": 2017,
      "export_value_usd": 161926.67895984673,
      "active_destinations": 11,
      "yoy_growth_pct": -47.50823443720937
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    {
      "year": 2018,
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    {
      "year": 2019,
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    {
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      "year": 2021,
      "export_value_usd": 2825922.059627663,
      "active_destinations": 8,
      "yoy_growth_pct": 52.31925272910125
    },
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      "year": 2022,
      "export_value_usd": 1988725.9983588837,
      "active_destinations": 13,
      "yoy_growth_pct": -29.625589227294057
    },
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      "year": 2023,
      "export_value_usd": 4468225.0429136325,
      "active_destinations": 13,
      "yoy_growth_pct": 124.67776086805603
    },
    {
      "year": 2024,
      "export_value_usd": 6305633.109308284,
      "active_destinations": 16,
      "yoy_growth_pct": 41.12165454398236
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "VNM",
    "exports_usd": 450915295703.1746,
    "imports_usd": 381218902647.6394,
    "trade_balance_usd": 69696393055.53522,
    "yoy_exports_growth_pct": 13.725488700787292,
    "yoy_imports_growth_pct": 15.67277111361529,
    "exports_cagr_3y_pct": 7.295174087342682,
    "imports_cagr_3y_pct": 4.2484023972689355,
    "export_partner_hhi": 1231.7927856205781,
    "export_product_hhi": 230.3834187225243,
    "momentum_score": 11.796394316753908,
    "risk_score": 7.310881021715512,
    "gdp_million_usd": 476388.23030717525,
    "gdp_per_capita_usd": 4717.290287324488,
    "population": 100987686,
    "labor_force": 59201.53,
    "investment_rate_pct": 32.47,
    "savings_rate_pct": 24.53,
    "secondary_education_pct": 71.58,
    "tertiary_education_pct": 6.59,
    "total_factor_productivity": 287.3,
    "trade_openness_pct": 301.85354924188175,
    "exports_gdp_pct": 163.56782678227825,
    "num_active_partners": 1080,
    "num_fta_partners": 102,
    "num_wto_partners": 676,
    "num_eu_partners": 112,
    "num_shared_border_partners": 6,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 9643.152263374486,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.77418617021274,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 9.444444444444445,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 0.5555555555555556,
    "avg_applied_tariff_pct": 0.12663785666716132,
    "avg_mfn_tariff_pct": 0.1317541361222806,
    "avg_preferential_tariff_pct": 0.04155171411555329,
    "tariff_advantage_pp": 0.0902024220067273,
    "avg_distance_all_partners_km": 9401.718034254704,
    "num_border_partners": 105,
    "num_colonial_partners": 35,
    "avg_substitution_elasticity": -10.51408978907655,
    "pct_products_high_elasticity": 75.1926782273603,
    "pct_products_low_elasticity": 2.7697495183044314,
    "real_market_potential": 74425.93892458122,
    "foreign_market_potential": 10045.70242824143
  }
}
```
