{
  "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/848110",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/848110",
    "exporter": "https://www.yugalinks.com/trade/exporter/chn/848110",
    "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": "848110",
    "exporter_iso3": "CHN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 198,
    "current_lane_count": 192,
    "active_market_count": 192,
    "exports_latest_observed_lanes_usd": 446732213.4883664,
    "exports_current_2024_usd": 446722476.32021135,
    "exports_avg_3y_usd": 459603283.0674054,
    "exports_avg_5y_usd": 429419491.4229106,
    "exports_avg_10y_usd": 369384992.01344186,
    "exports_cagr_3y_pct": 1.7775547021853466,
    "exports_cagr_5y_pct": 7.246764236724257,
    "exports_cagr_10y_pct": 3.969705532537926,
    "exports_all_year_lane_avg_usd": 199813155.8295131,
    "exports_historical_lane_peak_usd": 665874880.3733993,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 75.86206896551724,
    "trend_acceleration_pct": -2.1921508303525794,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 51299734.13969035,
    "top_market_share_pct": 11.483329966090809,
    "destination_hhi": 361.8650034493712,
    "weighted_share_latest_pct": 23.201115522955057,
    "weighted_share_change_1y_pp": 1.079297381215111,
    "weighted_volatility_cv": 0.9850312778835334,
    "weighted_max_drawdown_pct": 81.04250573411952,
    "limited_history_lane_share_pct": 0.5050505050505051,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:28",
    "source": "api",
    "product": {
      "hs_code": 848110,
      "hs_description": "Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like",
      "hs_chapter": 84,
      "hs_heading": 8481,
      "substitution_elasticity": -5.558393,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like",
    "hs_chapter": 84,
    "hs_heading": 8481,
    "destinations": [
      {
        "hs_code": 848110,
        "corridor_rank": 9,
        "exporter_iso3": "CHN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 51299734.13969035,
        "exports_all_year_avg_usd": 30005379.717503674,
        "exports_avg_3y_usd": 60059282.813053094,
        "exports_avg_5y_usd": 56737254.13323257,
        "exports_avg_10y_usd": 53039076.97326358,
        "exports_cagr_3y_pct": -5.100921253302381,
        "exports_cagr_5y_pct": 9.153725284810044,
        "exports_cagr_10y_pct": -0.7831221017748358,
        "exports_historical_peak_usd": 70323146.81733762,
        "buyer_imports_latest_observed_usd": 541157874.5089734,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -4.317799151527545,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 1.0758,
        "buyer_yoy_all_avg_pct": 6.0202,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 9.479624441617494,
        "market_share_change_1y_pp": -1.4570902667470502,
        "peer_best_share_pct": 32.76537436464764,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 91,
        "buyer_market_hhi": 1467,
        "distance_km": 10993.6845703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7556007435007994,
        "max_drawdown_pct": 98.53320198545273,
        "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": 848110,
        "corridor_rank": 23,
        "exporter_iso3": "CHN",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 30160704.47937847,
        "exports_all_year_avg_usd": 10939772.992541408,
        "exports_avg_3y_usd": 34904271.51179556,
        "exports_avg_5y_usd": 32281803.535804283,
        "exports_avg_10y_usd": 25372454.09054932,
        "exports_cagr_3y_pct": -1.7567414721289754,
        "exports_cagr_5y_pct": 13.04374821785077,
        "exports_cagr_10y_pct": 11.255778042299468,
        "exports_historical_peak_usd": 39151588.72534706,
        "buyer_imports_latest_observed_usd": 86992768.73947728,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 62.96296296296296,
        "trend_acceleration_pct": -13.012519514428444,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -7.0742,
        "buyer_yoy_all_avg_pct": 4.7497,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 34.670358141723966,
        "market_share_change_1y_pp": -3.144527562315403,
        "peer_best_share_pct": 34.67035814172397,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 1930.09,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.14177167863838386,
        "tariff_advantage_pp": 0.01621420555959599,
        "volatility_cv": 1.1165266627616064,
        "max_drawdown_pct": 97.78516474550337,
        "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"
      },
      {
        "hs_code": 848110,
        "corridor_rank": 30,
        "exporter_iso3": "CHN",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 25411633.046375472,
        "exports_all_year_avg_usd": 16488232.4478501,
        "exports_avg_3y_usd": 28396980.488725152,
        "exports_avg_5y_usd": 29128662.625730954,
        "exports_avg_10y_usd": 28137749.100333434,
        "exports_cagr_3y_pct": -9.547815113769287,
        "exports_cagr_5y_pct": -1.0663970651175636,
        "exports_cagr_10y_pct": -0.35733081409146106,
        "exports_historical_peak_usd": 34338031.13031751,
        "buyer_imports_latest_observed_usd": 93954065.61487353,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -9.190484299677827,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 8.6717,
        "buyer_yoy_all_avg_pct": 8.0592,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 27.04686899930453,
        "market_share_change_1y_pp": -2.7176214673226404,
        "peer_best_share_pct": 27.046868999304536,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 47,
        "buyer_market_hhi": 1572.8,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019320016547984244,
        "tariff_advantage_pp": 0.02411875489129495,
        "volatility_cv": 0.7122193142752957,
        "max_drawdown_pct": 39.56982409017179,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 848110,
        "corridor_rank": 39,
        "exporter_iso3": "CHN",
        "importer_iso3": "RUS",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 19381323,
        "exports_all_year_avg_usd": 4022409.2154188366,
        "exports_avg_3y_usd": 17090211.13811444,
        "exports_avg_5y_usd": 13458999.35480251,
        "exports_avg_10y_usd": 9163486.73989657,
        "exports_cagr_3y_pct": 25.82711973048881,
        "exports_cagr_5y_pct": 25.7191438091549,
        "exports_cagr_10y_pct": 13.05863677322565,
        "exports_historical_peak_usd": 19838484.219069682,
        "buyer_imports_latest_observed_usd": 33014069.550319787,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 80.76923076923077,
        "trend_acceleration_pct": 12.76848295726316,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -21.5311,
        "buyer_yoy_all_avg_pct": 14.5131,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 58.70625240689925,
        "market_share_change_1y_pp": 11.553522502967084,
        "peer_best_share_pct": 58.70625240689924,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 3839.25,
        "distance_km": 5795.044921875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0670139446670498,
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        "volatility_cv": 1.358655460103298,
        "max_drawdown_pct": 95.46652678295511,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 848110,
        "corridor_rank": 46,
        "exporter_iso3": "CHN",
        "importer_iso3": "IDN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 16543527.691373132,
        "exports_all_year_avg_usd": 4954181.294993801,
        "exports_avg_3y_usd": 11742912.666810438,
        "exports_avg_5y_usd": 9825221.242388934,
        "exports_avg_10y_usd": 9093564.56805852,
        "exports_cagr_3y_pct": 24.320325459408675,
        "exports_cagr_5y_pct": 19.7169757007142,
        "exports_cagr_10y_pct": 10.2345698384251,
        "exports_historical_peak_usd": 16543527.691373132,
        "buyer_imports_latest_observed_usd": 52583778.845901765,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.06896551724138,
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        "buyer_yoy_latest_pct": -17.116,
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        "market_share_latest_pct": 31.46127580494814,
        "market_share_change_1y_pp": 14.569854679160269,
        "peer_best_share_pct": 31.46127580494814,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 1579.17,
        "distance_km": 5220.87939453125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.16605990710525254,
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        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 848110,
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        "exporter_iso3": "CHN",
        "importer_iso3": "MYS",
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        "exports_latest_observed_usd": 15507156.389429534,
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        "exports_avg_10y_usd": 9331632.31717195,
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        "buyer_yoy_latest_pct": -4.2786,
        "buyer_yoy_all_avg_pct": 6.4054,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 30.716895329343597,
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        "peer_top_exporter": "CHN",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 1750.01,
        "distance_km": 4355.04736328125,
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        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "hs_code": 848110,
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        "exporter_iso3": "CHN",
        "importer_iso3": "VNM",
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        "exports_avg_5y_usd": 12553305.279333059,
        "exports_avg_10y_usd": 11846932.598883802,
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        "buyer_imports_latest_observed_usd": 29302054.957797833,
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        "buyer_yoy_all_avg_pct": 13.252,
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        "supplier_count_latest": 48,
        "buyer_market_hhi": 2962.02,
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        "volatility_cv": 0.9723004011840353,
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        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 848110,
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        "exporter_iso3": "CHN",
        "importer_iso3": "THA",
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        "exports_avg_10y_usd": 11811230.90060715,
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        "buyer_yoy_all_avg_pct": 4.4857,
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        "peer_top_exporter": "CHN",
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        "buyer_market_hhi": 1844.81,
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        "applied_tariff_pct": 0.29405095701191925,
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        "volatility_cv": 1.0979270068309992,
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        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 848110,
        "corridor_rank": 56,
        "exporter_iso3": "CHN",
        "importer_iso3": "CAN",
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        "exports_latest_observed_usd": 14133823.506337216,
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        "exports_avg_3y_usd": 9832502.488598391,
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        "exports_avg_10y_usd": 8557381.902578931,
        "exports_cagr_3y_pct": 17.926780998998737,
        "exports_cagr_5y_pct": 13.492331291724158,
        "exports_cagr_10y_pct": 4.175621111924199,
        "exports_historical_peak_usd": 14133823.506337216,
        "buyer_imports_latest_observed_usd": 156610484.93980557,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
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        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.72,
        "buyer_yoy_all_avg_pct": 4.8797,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 9.024825835747627,
        "market_share_change_1y_pp": 4.494230357365466,
        "peer_best_share_pct": 45.50234038951845,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 2655.91,
        "distance_km": 10598.318359375,
        "has_reported_fta": 0,
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