{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/arg/220421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/220421",
    "exporter": "https://www.yugalinks.com/trade/exporter/arg/220421",
    "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": "220421",
    "exporter_iso3": "ARG",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 175,
    "current_lane_count": 126,
    "active_market_count": 126,
    "exports_latest_observed_lanes_usd": 662505891.1425836,
    "exports_current_2024_usd": 661302262.7544507,
    "exports_avg_3y_usd": 707739957.9425023,
    "exports_avg_5y_usd": 726886312.4578377,
    "exports_avg_10y_usd": 745113244.9588122,
    "exports_cagr_3y_pct": -5.87070213255636,
    "exports_cagr_5y_pct": -2.19385385851264,
    "exports_cagr_10y_pct": -1.4614254573548369,
    "exports_all_year_lane_avg_usd": 485952538.0528203,
    "exports_historical_lane_peak_usd": 1032377195.1047401,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": -4.409276675201523,
    "trend_label": "Declining",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 197011960.7853348,
    "top_market_share_pct": 29.737390024647215,
    "destination_hhi": 1352.0835561123229,
    "weighted_share_latest_pct": 8.510647337380677,
    "weighted_share_change_1y_pp": 0.08102670439226481,
    "weighted_volatility_cv": 0.6847169103562073,
    "weighted_max_drawdown_pct": 43.16031652546584,
    "limited_history_lane_share_pct": 14.285714285714286,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:09",
    "source": "api",
    "product": {
      "hs_code": 220421,
      "hs_description": "Wine: still, in containers holding 2 litres or less",
      "hs_chapter": 22,
      "hs_heading": 2204,
      "substitution_elasticity": -4.8158331,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wine: still, in containers holding 2 litres or less",
    "hs_chapter": 22,
    "hs_heading": 2204,
    "destinations": [
      {
        "hs_code": 220421,
        "corridor_rank": 24,
        "exporter_iso3": "ARG",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 197011960.7853348,
        "exports_all_year_avg_usd": 157298666.30896956,
        "exports_avg_3y_usd": 208008907.40345773,
        "exports_avg_5y_usd": 219128624.74024266,
        "exports_avg_10y_usd": 249351909.48762923,
        "exports_cagr_3y_pct": -6.347312125950843,
        "exports_cagr_5y_pct": -4.593567374488017,
        "exports_cagr_10y_pct": -3.7635242967949734,
        "exports_historical_peak_usd": 312199666.2470735,
        "buyer_imports_latest_observed_usd": 4808938878.698115,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -2.58378782915587,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 4.7644,
        "buyer_yoy_all_avg_pct": 6.5789,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 4.096786541788408,
        "market_share_change_1y_pp": 0.0596606215499067,
        "peer_best_share_pct": 33.60223853732347,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 91,
        "buyer_market_hhi": 2287.55,
        "distance_km": 8542.6943359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023642815267090906,
        "tariff_advantage_pp": 0.03695756218294949,
        "volatility_cv": 0.714680729254621,
        "max_drawdown_pct": 40.64254854676492,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220421,
        "corridor_rank": 56,
        "exporter_iso3": "ARG",
        "importer_iso3": "BRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 95290799.46989968,
        "exports_all_year_avg_usd": 38766404.12020138,
        "exports_avg_3y_usd": 89028452.78641339,
        "exports_avg_5y_usd": 82832476.80559492,
        "exports_avg_10y_usd": 66840399.41861924,
        "exports_cagr_3y_pct": 5.782926347333994,
        "exports_cagr_5y_pct": 11.473393095468975,
        "exports_cagr_10y_pct": 5.9598506830507825,
        "exports_historical_peak_usd": 95290799.46989968,
        "buyer_imports_latest_observed_usd": 485578290.42978716,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 75.86206896551724,
        "trend_acceleration_pct": -0.17692433571678823,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 11.9627,
        "buyer_yoy_all_avg_pct": 8.8183,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 19.624188590794997,
        "market_share_change_1y_pp": 0.02272797962235984,
        "peer_best_share_pct": 41.31165027498718,
        "peer_top_exporter": "CHL",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 2507.64,
        "distance_km": 1691.0670166015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.2810371037559596,
        "tariff_advantage_pp": 0.11849363794735346,
        "volatility_cv": 0.7240447286680964,
        "max_drawdown_pct": 26.31838153011956,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220421,
        "corridor_rank": 71,
        "exporter_iso3": "ARG",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 76939678.79578272,
        "exports_all_year_avg_usd": 54135555.70315919,
        "exports_avg_3y_usd": 83491551.79141533,
        "exports_avg_5y_usd": 88101064.19023848,
        "exports_avg_10y_usd": 85205812.47568151,
        "exports_cagr_3y_pct": -7.1936863914434435,
        "exports_cagr_5y_pct": -3.751708610364257,
        "exports_cagr_10y_pct": 2.206689061675382,
        "exports_historical_peak_usd": 96253781.8539152,
        "buyer_imports_latest_observed_usd": 2764736414.5876923,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -9.400375453118826,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -4.803,
        "buyer_yoy_all_avg_pct": 2.847,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 2.782893819093304,
        "market_share_change_1y_pp": 0.004218092704416421,
        "peer_best_share_pct": 38.24054134451778,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 79,
        "buyer_market_hhi": 2071.35,
        "distance_km": 11147.4765625,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.4833728513470126,
        "max_drawdown_pct": 30.39349322991216,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220421,
        "corridor_rank": 90,
        "exporter_iso3": "ARG",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 51348874.11992552,
        "exports_all_year_avg_usd": 44455247.630194075,
        "exports_avg_3y_usd": 56812527.91527566,
        "exports_avg_5y_usd": 60496629.05146432,
        "exports_avg_10y_usd": 66443086.794859454,
        "exports_cagr_3y_pct": -9.326008139437715,
        "exports_cagr_5y_pct": -5.140741923158321,
        "exports_cagr_10y_pct": -4.443301965607427,
        "exports_historical_peak_usd": 88049368.84383018,
        "buyer_imports_latest_observed_usd": 1698283515.2293532,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -4.882706173830288,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 3.4177,
        "buyer_yoy_all_avg_pct": 7.1825,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 3.0235749013315285,
        "market_share_change_1y_pp": -0.10210276232456561,
        "peer_best_share_pct": 23.809421847125584,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 71,
        "buyer_market_hhi": 1724.09,
        "distance_km": 8970.1044921875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05251296291090909,
        "tariff_advantage_pp": 0.033720328644242424,
        "volatility_cv": 0.7301233619048819,
        "max_drawdown_pct": 41.70475647693374,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ARG",
      "hs_code": 220421,
      "num_markets": 143,
      "highest_price_importer_iso3": "MUS",
      "highest_price_usd_per_ton": 293452.9147982063,
      "lowest_price_importer_iso3": "TGO",
      "lowest_price_usd_per_ton": 196.08510638297872,
      "median_price_across_markets": 4241.425836006238,
      "price_spread_pct": 6914.109571416117,
      "avg_quantity_metric_tons": 1516.674955782313,
      "total_trade_value_usd": 3489600690
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 680680321.7810171,
        "active_destinations": 134,
        "yoy_growth_pct": 16.95176732208949
      },
      {
        "year": 2011,
        "export_value_usd": 743461680.929434,
        "active_destinations": 133,
        "yoy_growth_pct": 9.223325126271886
      },
      {
        "year": 2012,
        "export_value_usd": 763765765.6409593,
        "active_destinations": 131,
        "yoy_growth_pct": 2.731019665484615
      },
      {
        "year": 2013,
        "export_value_usd": 777391722.7258077,
        "active_destinations": 136,
        "yoy_growth_pct": 1.7840492069467626
      },
      {
        "year": 2014,
        "export_value_usd": 766191366.1943548,
        "active_destinations": 136,
        "yoy_growth_pct": -1.4407609708244027
      },
      {
        "year": 2015,
        "export_value_usd": 766394433.9060087,
        "active_destinations": 134,
        "yoy_growth_pct": 0.02650352387322999
      },
      {
        "year": 2016,
        "export_value_usd": 774105598.966651,
        "active_destinations": 136,
        "yoy_growth_pct": 1.006161412386764
      },
      {
        "year": 2017,
        "export_value_usd": 774130967.2023034,
        "active_destinations": 144,
        "yoy_growth_pct": 0.00327710272168431
      },
      {
        "year": 2018,
        "export_value_usd": 763197774.8130876,
        "active_destinations": 135,
        "yoy_growth_pct": -1.41231818031104
      },
      {
        "year": 2019,
        "export_value_usd": 738872112.4108827,
        "active_destinations": 134,
        "yoy_growth_pct": -3.187334031229637
      },
      {
        "year": 2020,
        "export_value_usd": 718298664.9872062,
        "active_destinations": 129,
        "yoy_growth_pct": -2.784439563776053
      },
      {
        "year": 2021,
        "export_value_usd": 792913023.474475,
        "active_destinations": 131,
        "yoy_growth_pct": 10.387651004279366
      },
      {
        "year": 2022,
        "export_value_usd": 803765117.2187747,
        "active_destinations": 134,
        "yoy_growth_pct": 1.368636082775729
      },
      {
        "year": 2023,
        "export_value_usd": 658152493.8542815,
        "active_destinations": 131,
        "yoy_growth_pct": -18.116315356947645
      },
      {
        "year": 2024,
        "export_value_usd": 661302262.7544507,
        "active_destinations": 126,
        "yoy_growth_pct": 0.4785773706825017
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "ARG",
      "exports_usd": 81002314514.22745,
      "imports_usd": 58296492990.77576,
      "trade_balance_usd": 22705821523.45169,
      "yoy_exports_growth_pct": 17.05012047276444,
      "yoy_imports_growth_pct": -16.13978362649936,
      "exports_cagr_3y_pct": 1.010385202623687,
      "imports_cagr_3y_pct": -0.37971882997817064,
      "export_partner_hhi": 577.6350040292696,
      "export_product_hhi": 395.8146490727189,
      "momentum_score": 12.238199891722214,
      "risk_score": 4.867248265509942,
      "gdp_million_usd": 638365.4553400404,
      "gdp_per_capita_usd": 13969.78366037374,
      "population": 45696159,
      "labor_force": 21689.63,
      "investment_rate_pct": 17.25,
      "savings_rate_pct": 16.55,
      "secondary_education_pct": 69.98,
      "tertiary_education_pct": 14.71,
      "total_factor_productivity": 1028.39,
      "trade_openness_pct": 23.30027122634462,
      "exports_gdp_pct": 13.549117411327316,
      "num_active_partners": 270,
      "num_fta_partners": 6,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 10578.020576131687,
      "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": 2.2222222222222223,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": 0.13243017396925133,
      "avg_mfn_tariff_pct": 0.13735970157709607,
      "avg_preferential_tariff_pct": 0.04692008211966861,
      "tariff_advantage_pp": 0.09043961945742746,
      "avg_distance_all_partners_km": 10490.472194583896,
      "num_border_partners": 125,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.483559509407218,
      "pct_products_high_elasticity": 74.81348083354771,
      "pct_products_low_elasticity": 2.8556727553383072,
      "real_market_potential": 362705.9151813697,
      "foreign_market_potential": 7348.464755805976
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "220421",
    "hs_description": "Wine: still, in containers holding 2 litres or less",
    "hs_chapter": 22,
    "hs_heading": 2204
  },
  "destinations": [
    {
      "hs_code": 220421,
      "corridor_rank": 24,
      "exporter_iso3": "ARG",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 197011960.7853348,
      "exports_all_year_avg_usd": 157298666.30896956,
      "exports_avg_3y_usd": 208008907.40345773,
      "exports_avg_5y_usd": 219128624.74024266,
      "exports_avg_10y_usd": 249351909.48762923,
      "exports_cagr_3y_pct": -6.347312125950843,
      "exports_cagr_5y_pct": -4.593567374488017,
      "exports_cagr_10y_pct": -3.7635242967949734,
      "exports_historical_peak_usd": 312199666.2470735,
      "buyer_imports_latest_observed_usd": 4808938878.698115,
      "historical_peak_year": 2013,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": -2.58378782915587,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 4.7644,
      "buyer_yoy_all_avg_pct": 6.5789,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 4.096786541788408,
      "market_share_change_1y_pp": 0.0596606215499067,
      "peer_best_share_pct": 33.60223853732347,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 91,
      "buyer_market_hhi": 2287.55,
      "distance_km": 8542.6943359375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023642815267090906,
      "tariff_advantage_pp": 0.03695756218294949,
      "volatility_cv": 0.714680729254621,
      "max_drawdown_pct": 40.64254854676492,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220421,
      "corridor_rank": 56,
      "exporter_iso3": "ARG",
      "importer_iso3": "BRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 95290799.46989968,
      "exports_all_year_avg_usd": 38766404.12020138,
      "exports_avg_3y_usd": 89028452.78641339,
      "exports_avg_5y_usd": 82832476.80559492,
      "exports_avg_10y_usd": 66840399.41861924,
      "exports_cagr_3y_pct": 5.782926347333994,
      "exports_cagr_5y_pct": 11.473393095468975,
      "exports_cagr_10y_pct": 5.9598506830507825,
      "exports_historical_peak_usd": 95290799.46989968,
      "buyer_imports_latest_observed_usd": 485578290.42978716,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 75.86206896551724,
      "trend_acceleration_pct": -0.17692433571678823,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 11.9627,
      "buyer_yoy_all_avg_pct": 8.8183,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 19.624188590794997,
      "market_share_change_1y_pp": 0.02272797962235984,
      "peer_best_share_pct": 41.31165027498718,
      "peer_top_exporter": "CHL",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 2507.64,
      "distance_km": 1691.0670166015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.2810371037559596,
      "tariff_advantage_pp": 0.11849363794735346,
      "volatility_cv": 0.7240447286680964,
      "max_drawdown_pct": 26.31838153011956,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220421,
      "corridor_rank": 71,
      "exporter_iso3": "ARG",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 76939678.79578272,
      "exports_all_year_avg_usd": 54135555.70315919,
      "exports_avg_3y_usd": 83491551.79141533,
      "exports_avg_5y_usd": 88101064.19023848,
      "exports_avg_10y_usd": 85205812.47568151,
      "exports_cagr_3y_pct": -7.1936863914434435,
      "exports_cagr_5y_pct": -3.751708610364257,
      "exports_cagr_10y_pct": 2.206689061675382,
      "exports_historical_peak_usd": 96253781.8539152,
      "buyer_imports_latest_observed_usd": 2764736414.5876923,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -9.400375453118826,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -4.803,
      "buyer_yoy_all_avg_pct": 2.847,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 2.782893819093304,
      "market_share_change_1y_pp": 0.004218092704416421,
      "peer_best_share_pct": 38.24054134451778,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 79,
      "buyer_market_hhi": 2071.35,
      "distance_km": 11147.4765625,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.4833728513470126,
      "max_drawdown_pct": 30.39349322991216,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220421,
      "corridor_rank": 90,
      "exporter_iso3": "ARG",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 51348874.11992552,
      "exports_all_year_avg_usd": 44455247.630194075,
      "exports_avg_3y_usd": 56812527.91527566,
      "exports_avg_5y_usd": 60496629.05146432,
      "exports_avg_10y_usd": 66443086.794859454,
      "exports_cagr_3y_pct": -9.326008139437715,
      "exports_cagr_5y_pct": -5.140741923158321,
      "exports_cagr_10y_pct": -4.443301965607427,
      "exports_historical_peak_usd": 88049368.84383018,
      "buyer_imports_latest_observed_usd": 1698283515.2293532,
      "historical_peak_year": 2012,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -4.882706173830288,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 3.4177,
      "buyer_yoy_all_avg_pct": 7.1825,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 3.0235749013315285,
      "market_share_change_1y_pp": -0.10210276232456561,
      "peer_best_share_pct": 23.809421847125584,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 71,
      "buyer_market_hhi": 1724.09,
      "distance_km": 8970.1044921875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.05251296291090909,
      "tariff_advantage_pp": 0.033720328644242424,
      "volatility_cv": 0.7301233619048819,
      "max_drawdown_pct": 41.70475647693374,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARG",
    "hs_code": 220421,
    "num_markets": 143,
    "highest_price_importer_iso3": "MUS",
    "highest_price_usd_per_ton": 293452.9147982063,
    "lowest_price_importer_iso3": "TGO",
    "lowest_price_usd_per_ton": 196.08510638297872,
    "median_price_across_markets": 4241.425836006238,
    "price_spread_pct": 6914.109571416117,
    "avg_quantity_metric_tons": 1516.674955782313,
    "total_trade_value_usd": 3489600690
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 680680321.7810171,
      "active_destinations": 134,
      "yoy_growth_pct": 16.95176732208949
    },
    {
      "year": 2011,
      "export_value_usd": 743461680.929434,
      "active_destinations": 133,
      "yoy_growth_pct": 9.223325126271886
    },
    {
      "year": 2012,
      "export_value_usd": 763765765.6409593,
      "active_destinations": 131,
      "yoy_growth_pct": 2.731019665484615
    },
    {
      "year": 2013,
      "export_value_usd": 777391722.7258077,
      "active_destinations": 136,
      "yoy_growth_pct": 1.7840492069467626
    },
    {
      "year": 2014,
      "export_value_usd": 766191366.1943548,
      "active_destinations": 136,
      "yoy_growth_pct": -1.4407609708244027
    },
    {
      "year": 2015,
      "export_value_usd": 766394433.9060087,
      "active_destinations": 134,
      "yoy_growth_pct": 0.02650352387322999
    },
    {
      "year": 2016,
      "export_value_usd": 774105598.966651,
      "active_destinations": 136,
      "yoy_growth_pct": 1.006161412386764
    },
    {
      "year": 2017,
      "export_value_usd": 774130967.2023034,
      "active_destinations": 144,
      "yoy_growth_pct": 0.00327710272168431
    },
    {
      "year": 2018,
      "export_value_usd": 763197774.8130876,
      "active_destinations": 135,
      "yoy_growth_pct": -1.41231818031104
    },
    {
      "year": 2019,
      "export_value_usd": 738872112.4108827,
      "active_destinations": 134,
      "yoy_growth_pct": -3.187334031229637
    },
    {
      "year": 2020,
      "export_value_usd": 718298664.9872062,
      "active_destinations": 129,
      "yoy_growth_pct": -2.784439563776053
    },
    {
      "year": 2021,
      "export_value_usd": 792913023.474475,
      "active_destinations": 131,
      "yoy_growth_pct": 10.387651004279366
    },
    {
      "year": 2022,
      "export_value_usd": 803765117.2187747,
      "active_destinations": 134,
      "yoy_growth_pct": 1.368636082775729
    },
    {
      "year": 2023,
      "export_value_usd": 658152493.8542815,
      "active_destinations": 131,
      "yoy_growth_pct": -18.116315356947645
    },
    {
      "year": 2024,
      "export_value_usd": 661302262.7544507,
      "active_destinations": 126,
      "yoy_growth_pct": 0.4785773706825017
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "ARG",
    "exports_usd": 81002314514.22745,
    "imports_usd": 58296492990.77576,
    "trade_balance_usd": 22705821523.45169,
    "yoy_exports_growth_pct": 17.05012047276444,
    "yoy_imports_growth_pct": -16.13978362649936,
    "exports_cagr_3y_pct": 1.010385202623687,
    "imports_cagr_3y_pct": -0.37971882997817064,
    "export_partner_hhi": 577.6350040292696,
    "export_product_hhi": 395.8146490727189,
    "momentum_score": 12.238199891722214,
    "risk_score": 4.867248265509942,
    "gdp_million_usd": 638365.4553400404,
    "gdp_per_capita_usd": 13969.78366037374,
    "population": 45696159,
    "labor_force": 21689.63,
    "investment_rate_pct": 17.25,
    "savings_rate_pct": 16.55,
    "secondary_education_pct": 69.98,
    "tertiary_education_pct": 14.71,
    "total_factor_productivity": 1028.39,
    "trade_openness_pct": 23.30027122634462,
    "exports_gdp_pct": 13.549117411327316,
    "num_active_partners": 270,
    "num_fta_partners": 6,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 5,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 10578.020576131687,
    "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": 2.2222222222222223,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.8518518518518516,
    "avg_applied_tariff_pct": 0.13243017396925133,
    "avg_mfn_tariff_pct": 0.13735970157709607,
    "avg_preferential_tariff_pct": 0.04692008211966861,
    "tariff_advantage_pp": 0.09043961945742746,
    "avg_distance_all_partners_km": 10490.472194583896,
    "num_border_partners": 125,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -10.483559509407218,
    "pct_products_high_elasticity": 74.81348083354771,
    "pct_products_low_elasticity": 2.8556727553383072,
    "real_market_potential": 362705.9151813697,
    "foreign_market_potential": 7348.464755805976
  }
}