# China HS 510539 exports | Yugalinks

Explore reported HS 510539 exports from China: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | China |
| HS6 | 510539 |
| Latest exports | $156.2M |
| Active destinations | 49 |
| Three-year growth | +7.1% |
| Destination HHI | 5,026 |
| Weighted share | 68% |

## Destination markets

- Italy: $108.7M; share 64.6%; growth +16.4%
- United Kingdom: $18.0M; share 82%; growth +15%
- Republic of Korea: $8.9M; share 78.9%; growth -15.8%
- China: $324.6K; share 0.4%; growth +471%

## Price intelligence

- Highest reported market price: Norway at $714.0K / ton.
- Lowest reported market price: Dominican Republic at $85.9 / ton.
- Median reported price: $35.0K / ton.
- Price spread: 2,039.8%.

## Export history

- 2010: $112.7M
- 2011: $146.2M
- 2012: $108.7M
- 2013: $105.6M
- 2014: $75.6M
- 2015: $65.3M
- 2016: $55.0M
- 2017: $51.7M
- 2018: $77.2M
- 2019: $79.6M
- 2020: $80.3M
- 2021: $122.5M
- 2022: $220.2M
- 2023: $162.3M
- 2024: $150.5M

## 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/chn/510539",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/510539",
    "exporter": "https://www.yugalinks.com/trade/exporter/chn/510539",
    "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": "510539",
    "exporter_iso3": "CHN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 110,
    "current_lane_count": 49,
    "active_market_count": 49,
    "exports_latest_observed_lanes_usd": 156155170.1640244,
    "exports_current_2024_usd": 150499046.64381656,
    "exports_avg_3y_usd": 177658839.2621453,
    "exports_avg_5y_usd": 147161098.19689855,
    "exports_avg_10y_usd": 106444081.7074678,
    "exports_cagr_3y_pct": 7.104721421696225,
    "exports_cagr_5y_pct": 13.593695887841871,
    "exports_cagr_10y_pct": 7.126798462223438,
    "exports_all_year_lane_avg_usd": 105732189.33674347,
    "exports_historical_lane_peak_usd": 314335320.70703244,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -0.022077040527213043,
    "trend_label": "Growing",
    "top_market_iso3": "ITA",
    "top_market_exports_usd": 108684293.15189786,
    "top_market_share_pct": 69.60018873389626,
    "destination_hhi": 5025.750304304578,
    "weighted_share_latest_pct": 68.02836812933316,
    "weighted_share_change_1y_pp": -0.33143262730415435,
    "weighted_volatility_cv": 0.6236878631236834,
    "weighted_max_drawdown_pct": 95.44294280566955,
    "limited_history_lane_share_pct": 49.09090909090909,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:28",
    "source": "api",
    "product": {
      "hs_code": 510539,
      "hs_description": "Hair: fine animal hair, carded or combed, other than of kashmir (cashmere) goats",
      "hs_chapter": 51,
      "hs_heading": 5105,
      "substitution_elasticity": -33.474571,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Hair: fine animal hair, carded or combed, other than of kashmir (cashmere) goats",
    "hs_chapter": 51,
    "hs_heading": 5105,
    "destinations": [
      {
        "hs_code": 510539,
        "corridor_rank": 1,
        "exporter_iso3": "CHN",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 108684293.15189786,
        "exports_all_year_avg_usd": 52100338.33832274,
        "exports_avg_3y_usd": 116648122.53709005,
        "exports_avg_5y_usd": 91465039.8214138,
        "exports_avg_10y_usd": 65859855.89404303,
        "exports_cagr_3y_pct": 16.414177866038713,
        "exports_cagr_5y_pct": 18.654294344361166,
        "exports_cagr_10y_pct": 9.194011846961736,
        "exports_historical_peak_usd": 128001926.94767538,
        "buyer_imports_latest_observed_usd": 168211262.96378636,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 7.220166019076977,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -2.0018,
        "buyer_yoy_all_avg_pct": 12.292,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 64.61178118334212,
        "market_share_change_1y_pp": -1.3712723932544435,
        "peer_best_share_pct": 64.61178118334213,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 4653.92,
        "distance_km": 8134.69482421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019785718721303032,
        "tariff_advantage_pp": 0.042646584813513605,
        "volatility_cv": 0.5366344720624173,
        "max_drawdown_pct": 98.19798751368405,
        "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"
      },
      {
        "hs_code": 510539,
        "corridor_rank": 6,
        "exporter_iso3": "CHN",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 17960245.000000004,
        "exports_all_year_avg_usd": 15109177.00650877,
        "exports_avg_3y_usd": 18101759.96667515,
        "exports_avg_5y_usd": 13908942.070185244,
        "exports_avg_10y_usd": 10313955.687035356,
        "exports_cagr_3y_pct": 14.96132208716816,
        "exports_cagr_5y_pct": 21.729761451838204,
        "exports_cagr_10y_pct": 8.910807679329302,
        "exports_historical_peak_usd": 27462252.380020697,
        "buyer_imports_latest_observed_usd": 21914065.90232863,
        "historical_peak_year": 2003,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 6.0505144078388575,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -10.2915,
        "buyer_yoy_all_avg_pct": 7.7255,
        "buyer_trend_consistency_pct": 41.3793,
        "market_share_latest_pct": 81.95761151786766,
        "market_share_change_1y_pp": -0.873249159273243,
        "peer_best_share_pct": 81.95761151786769,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 6835.23,
        "distance_km": 8151.35302734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.44804476015151257,
        "max_drawdown_pct": 87.5525341011808,
        "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": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 510539,
        "corridor_rank": 7,
        "exporter_iso3": "CHN",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8927191.743744088,
        "exports_all_year_avg_usd": 5734278.950351947,
        "exports_avg_3y_usd": 10823288.145800957,
        "exports_avg_5y_usd": 11395669.67578607,
        "exports_avg_10y_usd": 9280166.022906333,
        "exports_cagr_3y_pct": -15.802550789156633,
        "exports_cagr_5y_pct": -11.343152650047905,
        "exports_cagr_10y_pct": 3.3028481305709345,
        "exports_historical_peak_usd": 16298717.95984248,
        "buyer_imports_latest_observed_usd": 11318901.285961313,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -19.10539891972757,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -8.977,
        "buyer_yoy_all_avg_pct": 20.2439,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 78.8697729417993,
        "market_share_change_1y_pp": 1.4509074150679595,
        "peer_best_share_pct": 78.8697729417993,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 6,
        "buyer_market_hhi": 6544.09,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.14177167863838386,
        "tariff_advantage_pp": 0.01621420555959599,
        "volatility_cv": 0.6939756646324576,
        "max_drawdown_pct": 90.2816344783168,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 510539,
        "corridor_rank": 25,
        "exporter_iso3": "CHN",
        "importer_iso3": "CHN",
        "latest_data_year": 2023,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 324557.37758166774,
        "exports_all_year_avg_usd": 776632.9453523889,
        "exports_avg_3y_usd": 208971.30882933096,
        "exports_avg_5y_usd": 274566.8424891955,
        "exports_avg_10y_usd": 602576.3063110253,
        "exports_cagr_3y_pct": 470.96006758158575,
        "exports_cagr_5y_pct": 55.960933809862134,
        "exports_cagr_10y_pct": 47.07332227212764,
        "exports_historical_peak_usd": 3375575.953428536,
        "buyer_imports_latest_observed_usd": 94700005.22168039,
        "historical_peak_year": 2002,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": 423.8867453094581,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 29.2627,
        "buyer_yoy_all_avg_pct": 23.2172,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.4430113438353231,
        "market_share_change_1y_pp": 0.28337700628076234,
        "peer_best_share_pct": 61.88067980627147,
        "peer_top_exporter": "PER",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 4613.55,
        "distance_km": 1163.7071533203125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1527152063772002,
        "max_drawdown_pct": 99.94834333126434,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Slowing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "CHN",
      "hs_code": 510539,
      "num_markets": 75,
      "highest_price_importer_iso3": "NOR",
      "highest_price_usd_per_ton": 714000,
      "lowest_price_importer_iso3": "DOM",
      "lowest_price_usd_per_ton": 85.9285399205999,
      "median_price_across_markets": 35000,
      "price_spread_pct": 2039.7544898859412,
      "avg_quantity_metric_tons": 20.373411167512693,
      "total_trade_value_usd": 156669220
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 112736392.62331033,
        "active_destinations": 43,
        "yoy_growth_pct": 72.08592766754631
      },
      {
        "year": 2011,
        "export_value_usd": 146226442.40001956,
        "active_destinations": 47,
        "yoy_growth_pct": 29.706511799264852
      },
      {
        "year": 2012,
        "export_value_usd": 108673875.4368055,
        "active_destinations": 39,
        "yoy_growth_pct": -25.68110551474993
      },
      {
        "year": 2013,
        "export_value_usd": 105614520.7277992,
        "active_destinations": 44,
        "yoy_growth_pct": -2.8151703403504067
      },
      {
        "year": 2014,
        "export_value_usd": 75605343.14673062,
        "active_destinations": 36,
        "yoy_growth_pct": -28.413874696654055
      },
      {
        "year": 2015,
        "export_value_usd": 65253929.49531274,
        "active_destinations": 41,
        "yoy_growth_pct": -13.691378440447563
      },
      {
        "year": 2016,
        "export_value_usd": 54950129.63437178,
        "active_destinations": 44,
        "yoy_growth_pct": -15.790313228080915
      },
      {
        "year": 2017,
        "export_value_usd": 51671299.61504769,
        "active_destinations": 49,
        "yoy_growth_pct": -5.966919534386594
      },
      {
        "year": 2018,
        "export_value_usd": 77187541.36903808,
        "active_destinations": 44,
        "yoy_growth_pct": 49.38184629395223
      },
      {
        "year": 2019,
        "export_value_usd": 79572425.9764149,
        "active_destinations": 37,
        "yoy_growth_pct": 3.0897273900389677
      },
      {
        "year": 2020,
        "export_value_usd": 80336923.75340115,
        "active_destinations": 42,
        "yoy_growth_pct": 0.9607571562702347
      },
      {
        "year": 2021,
        "export_value_usd": 122492049.44465569,
        "active_destinations": 42,
        "yoy_growth_pct": 52.472914970770034
      },
      {
        "year": 2022,
        "export_value_usd": 220209241.39240026,
        "active_destinations": 45,
        "yoy_growth_pct": 79.77431383568705
      },
      {
        "year": 2023,
        "export_value_usd": 162268229.75021917,
        "active_destinations": 45,
        "yoy_growth_pct": -26.311798394933632
      },
      {
        "year": 2024,
        "export_value_usd": 150499046.64381656,
        "active_destinations": 49,
        "yoy_growth_pct": -7.2529189013271465
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "CHN",
      "exports_usd": 3513875096250.6953,
      "imports_usd": 2326530665852.976,
      "trade_balance_usd": 1187344430397.7192,
      "yoy_exports_growth_pct": 6.028060505229971,
      "yoy_imports_growth_pct": -0.25624212571435656,
      "exports_cagr_3y_pct": 2.7568732857454537,
      "imports_cagr_3y_pct": -1.2881082462082083,
      "export_partner_hhi": 370.2915098431424,
      "export_product_hhi": 74.18977427830445,
      "momentum_score": 5.046704339384615,
      "risk_score": 2.2224064206072343,
      "gdp_million_usd": 18743803.170827165,
      "gdp_per_capita_usd": 13303.148154386816,
      "population": 1408975000,
      "labor_force": 787768.5,
      "investment_rate_pct": 44.52,
      "savings_rate_pct": 45.77,
      "secondary_education_pct": 84.78,
      "tertiary_education_pct": 7.94,
      "total_factor_productivity": 753.02,
      "trade_openness_pct": 34.64311858763455,
      "exports_gdp_pct": 20.843002459079447,
      "num_active_partners": 270,
      "num_fta_partners": 27,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 18,
      "num_shared_language_partners": 6,
      "avg_partner_distance_km": 9546.666666666666,
      "avg_partner_gdp_million_usd": 533678518.3258194,
      "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": 10,
      "pct_partners_shared_language": 2.2222222222222223,
      "pct_partners_shared_border": 6.666666666666667,
      "avg_applied_tariff_pct": 0.13181075487172894,
      "avg_mfn_tariff_pct": 0.13620738337369717,
      "avg_preferential_tariff_pct": 0.042183361516283865,
      "tariff_advantage_pp": 0.0940240218574133,
      "avg_distance_all_partners_km": 9199.832160339074,
      "num_border_partners": 405,
      "num_colonial_partners": 20,
      "avg_substitution_elasticity": -10.928316418263822,
      "pct_products_high_elasticity": 76.01663585951941,
      "pct_products_low_elasticity": 2.657116451016636,
      "real_market_potential": 469092.7812321376,
      "foreign_market_potential": 10340.371802435242
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "510539",
    "hs_description": "Hair: fine animal hair, carded or combed, other than of kashmir (cashmere) goats",
    "hs_chapter": 51,
    "hs_heading": 5105
  },
  "destinations": [
    {
      "hs_code": 510539,
      "corridor_rank": 1,
      "exporter_iso3": "CHN",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 108684293.15189786,
      "exports_all_year_avg_usd": 52100338.33832274,
      "exports_avg_3y_usd": 116648122.53709005,
      "exports_avg_5y_usd": 91465039.8214138,
      "exports_avg_10y_usd": 65859855.89404303,
      "exports_cagr_3y_pct": 16.414177866038713,
      "exports_cagr_5y_pct": 18.654294344361166,
      "exports_cagr_10y_pct": 9.194011846961736,
      "exports_historical_peak_usd": 128001926.94767538,
      "buyer_imports_latest_observed_usd": 168211262.96378636,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": 7.220166019076977,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -2.0018,
      "buyer_yoy_all_avg_pct": 12.292,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 64.61178118334212,
      "market_share_change_1y_pp": -1.3712723932544435,
      "peer_best_share_pct": 64.61178118334213,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 4653.92,
      "distance_km": 8134.69482421875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019785718721303032,
      "tariff_advantage_pp": 0.042646584813513605,
      "volatility_cv": 0.5366344720624173,
      "max_drawdown_pct": 98.19798751368405,
      "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"
    },
    {
      "hs_code": 510539,
      "corridor_rank": 6,
      "exporter_iso3": "CHN",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 17960245.000000004,
      "exports_all_year_avg_usd": 15109177.00650877,
      "exports_avg_3y_usd": 18101759.96667515,
      "exports_avg_5y_usd": 13908942.070185244,
      "exports_avg_10y_usd": 10313955.687035356,
      "exports_cagr_3y_pct": 14.96132208716816,
      "exports_cagr_5y_pct": 21.729761451838204,
      "exports_cagr_10y_pct": 8.910807679329302,
      "exports_historical_peak_usd": 27462252.380020697,
      "buyer_imports_latest_observed_usd": 21914065.90232863,
      "historical_peak_year": 2003,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": 6.0505144078388575,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -10.2915,
      "buyer_yoy_all_avg_pct": 7.7255,
      "buyer_trend_consistency_pct": 41.3793,
      "market_share_latest_pct": 81.95761151786766,
      "market_share_change_1y_pp": -0.873249159273243,
      "peer_best_share_pct": 81.95761151786769,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 16,
      "buyer_market_hhi": 6835.23,
      "distance_km": 8151.35302734375,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.44804476015151257,
      "max_drawdown_pct": 87.5525341011808,
      "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": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 510539,
      "corridor_rank": 7,
      "exporter_iso3": "CHN",
      "importer_iso3": "KOR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8927191.743744088,
      "exports_all_year_avg_usd": 5734278.950351947,
      "exports_avg_3y_usd": 10823288.145800957,
      "exports_avg_5y_usd": 11395669.67578607,
      "exports_avg_10y_usd": 9280166.022906333,
      "exports_cagr_3y_pct": -15.802550789156633,
      "exports_cagr_5y_pct": -11.343152650047905,
      "exports_cagr_10y_pct": 3.3028481305709345,
      "exports_historical_peak_usd": 16298717.95984248,
      "buyer_imports_latest_observed_usd": 11318901.285961313,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": -19.10539891972757,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -8.977,
      "buyer_yoy_all_avg_pct": 20.2439,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 78.8697729417993,
      "market_share_change_1y_pp": 1.4509074150679595,
      "peer_best_share_pct": 78.8697729417993,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 6,
      "buyer_market_hhi": 6544.09,
      "distance_km": 955.6510620117188,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.14177167863838386,
      "tariff_advantage_pp": 0.01621420555959599,
      "volatility_cv": 0.6939756646324576,
      "max_drawdown_pct": 90.2816344783168,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 510539,
      "corridor_rank": 25,
      "exporter_iso3": "CHN",
      "importer_iso3": "CHN",
      "latest_data_year": 2023,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 324557.37758166774,
      "exports_all_year_avg_usd": 776632.9453523889,
      "exports_avg_3y_usd": 208971.30882933096,
      "exports_avg_5y_usd": 274566.8424891955,
      "exports_avg_10y_usd": 602576.3063110253,
      "exports_cagr_3y_pct": 470.96006758158575,
      "exports_cagr_5y_pct": 55.960933809862134,
      "exports_cagr_10y_pct": 47.07332227212764,
      "exports_historical_peak_usd": 3375575.953428536,
      "buyer_imports_latest_observed_usd": 94700005.22168039,
      "historical_peak_year": 2002,
      "positive_growth_year_share_pct": 40,
      "trend_acceleration_pct": 423.8867453094581,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 29.2627,
      "buyer_yoy_all_avg_pct": 23.2172,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.4430113438353231,
      "market_share_change_1y_pp": 0.28337700628076234,
      "peer_best_share_pct": 61.88067980627147,
      "peer_top_exporter": "PER",
      "supplier_count_latest": 15,
      "buyer_market_hhi": 4613.55,
      "distance_km": 1163.7071533203125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1527152063772002,
      "max_drawdown_pct": 99.94834333126434,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Slowing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "CHN",
    "hs_code": 510539,
    "num_markets": 75,
    "highest_price_importer_iso3": "NOR",
    "highest_price_usd_per_ton": 714000,
    "lowest_price_importer_iso3": "DOM",
    "lowest_price_usd_per_ton": 85.9285399205999,
    "median_price_across_markets": 35000,
    "price_spread_pct": 2039.7544898859412,
    "avg_quantity_metric_tons": 20.373411167512693,
    "total_trade_value_usd": 156669220
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 112736392.62331033,
      "active_destinations": 43,
      "yoy_growth_pct": 72.08592766754631
    },
    {
      "year": 2011,
      "export_value_usd": 146226442.40001956,
      "active_destinations": 47,
      "yoy_growth_pct": 29.706511799264852
    },
    {
      "year": 2012,
      "export_value_usd": 108673875.4368055,
      "active_destinations": 39,
      "yoy_growth_pct": -25.68110551474993
    },
    {
      "year": 2013,
      "export_value_usd": 105614520.7277992,
      "active_destinations": 44,
      "yoy_growth_pct": -2.8151703403504067
    },
    {
      "year": 2014,
      "export_value_usd": 75605343.14673062,
      "active_destinations": 36,
      "yoy_growth_pct": -28.413874696654055
    },
    {
      "year": 2015,
      "export_value_usd": 65253929.49531274,
      "active_destinations": 41,
      "yoy_growth_pct": -13.691378440447563
    },
    {
      "year": 2016,
      "export_value_usd": 54950129.63437178,
      "active_destinations": 44,
      "yoy_growth_pct": -15.790313228080915
    },
    {
      "year": 2017,
      "export_value_usd": 51671299.61504769,
      "active_destinations": 49,
      "yoy_growth_pct": -5.966919534386594
    },
    {
      "year": 2018,
      "export_value_usd": 77187541.36903808,
      "active_destinations": 44,
      "yoy_growth_pct": 49.38184629395223
    },
    {
      "year": 2019,
      "export_value_usd": 79572425.9764149,
      "active_destinations": 37,
      "yoy_growth_pct": 3.0897273900389677
    },
    {
      "year": 2020,
      "export_value_usd": 80336923.75340115,
      "active_destinations": 42,
      "yoy_growth_pct": 0.9607571562702347
    },
    {
      "year": 2021,
      "export_value_usd": 122492049.44465569,
      "active_destinations": 42,
      "yoy_growth_pct": 52.472914970770034
    },
    {
      "year": 2022,
      "export_value_usd": 220209241.39240026,
      "active_destinations": 45,
      "yoy_growth_pct": 79.77431383568705
    },
    {
      "year": 2023,
      "export_value_usd": 162268229.75021917,
      "active_destinations": 45,
      "yoy_growth_pct": -26.311798394933632
    },
    {
      "year": 2024,
      "export_value_usd": 150499046.64381656,
      "active_destinations": 49,
      "yoy_growth_pct": -7.2529189013271465
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "CHN",
    "exports_usd": 3513875096250.6953,
    "imports_usd": 2326530665852.976,
    "trade_balance_usd": 1187344430397.7192,
    "yoy_exports_growth_pct": 6.028060505229971,
    "yoy_imports_growth_pct": -0.25624212571435656,
    "exports_cagr_3y_pct": 2.7568732857454537,
    "imports_cagr_3y_pct": -1.2881082462082083,
    "export_partner_hhi": 370.2915098431424,
    "export_product_hhi": 74.18977427830445,
    "momentum_score": 5.046704339384615,
    "risk_score": 2.2224064206072343,
    "gdp_million_usd": 18743803.170827165,
    "gdp_per_capita_usd": 13303.148154386816,
    "population": 1408975000,
    "labor_force": 787768.5,
    "investment_rate_pct": 44.52,
    "savings_rate_pct": 45.77,
    "secondary_education_pct": 84.78,
    "tertiary_education_pct": 7.94,
    "total_factor_productivity": 753.02,
    "trade_openness_pct": 34.64311858763455,
    "exports_gdp_pct": 20.843002459079447,
    "num_active_partners": 270,
    "num_fta_partners": 27,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 18,
    "num_shared_language_partners": 6,
    "avg_partner_distance_km": 9546.666666666666,
    "avg_partner_gdp_million_usd": 533678518.3258194,
    "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": 10,
    "pct_partners_shared_language": 2.2222222222222223,
    "pct_partners_shared_border": 6.666666666666667,
    "avg_applied_tariff_pct": 0.13181075487172894,
    "avg_mfn_tariff_pct": 0.13620738337369717,
    "avg_preferential_tariff_pct": 0.042183361516283865,
    "tariff_advantage_pp": 0.0940240218574133,
    "avg_distance_all_partners_km": 9199.832160339074,
    "num_border_partners": 405,
    "num_colonial_partners": 20,
    "avg_substitution_elasticity": -10.928316418263822,
    "pct_products_high_elasticity": 76.01663585951941,
    "pct_products_low_elasticity": 2.657116451016636,
    "real_market_potential": 469092.7812321376,
    "foreign_market_potential": 10340.371802435242
  }
}
```