{
  "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/851440",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851440",
    "exporter": "https://www.yugalinks.com/trade/exporter/chn/851440",
    "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": "851440",
    "exporter_iso3": "CHN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 195,
    "current_lane_count": 162,
    "active_market_count": 162,
    "exports_latest_observed_lanes_usd": 74444139.9059849,
    "exports_current_2024_usd": 74251485.98143521,
    "exports_avg_3y_usd": 64926549.84901161,
    "exports_avg_5y_usd": 59196941.035446145,
    "exports_avg_10y_usd": 56331276.405138776,
    "exports_cagr_3y_pct": 19.85757694550445,
    "exports_cagr_5y_pct": 3.3707976455832123,
    "exports_cagr_10y_pct": 7.7344013714865545,
    "exports_all_year_lane_avg_usd": 30808022.357359305,
    "exports_historical_lane_peak_usd": 153723633.24275953,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 75.86206896551724,
    "trend_acceleration_pct": 12.123175574017896,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 6851532.000000001,
    "top_market_share_pct": 9.20358809793862,
    "destination_hhi": 410.2113535765142,
    "weighted_share_latest_pct": 28.282966365972058,
    "weighted_share_change_1y_pp": 4.9295135995926,
    "weighted_volatility_cv": 1.318844999309459,
    "weighted_max_drawdown_pct": 92.1757893537961,
    "limited_history_lane_share_pct": 14.871794871794872,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:28",
    "source": "api",
    "product": {
      "hs_code": 851440,
      "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
      "hs_chapter": 85,
      "hs_heading": 8514,
      "substitution_elasticity": -7.3486681,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
    "hs_chapter": 85,
    "hs_heading": 8514,
    "destinations": [
      {
        "hs_code": 851440,
        "corridor_rank": 26,
        "exporter_iso3": "CHN",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 6026530.550708422,
        "exports_all_year_avg_usd": 2353937.8752335273,
        "exports_avg_3y_usd": 4407221.932572376,
        "exports_avg_5y_usd": 4369437.132881205,
        "exports_avg_10y_usd": 3808650.2273393357,
        "exports_cagr_3y_pct": 11.718701532610032,
        "exports_cagr_5y_pct": 5.232189608573012,
        "exports_cagr_10y_pct": 7.740415279279134,
        "exports_historical_peak_usd": 6188563.962475202,
        "buyer_imports_latest_observed_usd": 50516927.56865422,
        "historical_peak_year": 2009,
        "positive_growth_year_share_pct": 65.38461538461539,
        "trend_acceleration_pct": 3.9782862533308982,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 112.0188,
        "buyer_yoy_all_avg_pct": 20.0722,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 11.929725026365,
        "market_share_change_1y_pp": -3.4048213222593215,
        "peer_best_share_pct": 52.09630575059544,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 3017.49,
        "distance_km": 3785.01318359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5307908369111112,
        "tariff_advantage_pp": 0.45301342082222223,
        "volatility_cv": 0.8656110614235718,
        "max_drawdown_pct": 76.34516189348354,
        "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": 851440,
        "corridor_rank": 28,
        "exporter_iso3": "CHN",
        "importer_iso3": "TWN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5597960.325833424,
        "exports_all_year_avg_usd": 1512250.716417023,
        "exports_avg_3y_usd": 4967146.360819437,
        "exports_avg_5y_usd": 4112115.284438362,
        "exports_avg_10y_usd": 3561931.5644900613,
        "exports_cagr_3y_pct": 18.525244143383457,
        "exports_cagr_5y_pct": 4.002283527283557,
        "exports_cagr_10y_pct": 14.900478359386637,
        "exports_historical_peak_usd": 5597960.325833424,
        "buyer_imports_latest_observed_usd": 61536616.739836335,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 3.6247657839968195,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 83.2019,
        "buyer_yoy_all_avg_pct": 19.6063,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 9.096958237890139,
        "market_share_change_1y_pp": -5.613796702409134,
        "peer_best_share_pct": 85.55527943076659,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 7407.09,
        "distance_km": 1718.1055908203125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1119868054633972,
        "max_drawdown_pct": 93.37282419352172,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 31,
        "exporter_iso3": "CHN",
        "importer_iso3": "VNM",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 4802446.406836116,
        "exports_all_year_avg_usd": 1477044.2759896228,
        "exports_avg_3y_usd": 3913122.977641566,
        "exports_avg_5y_usd": 3480217.7934748367,
        "exports_avg_10y_usd": 3341047.877081172,
        "exports_cagr_3y_pct": 13.788351648474539,
        "exports_cagr_5y_pct": -4.242461231254135,
        "exports_cagr_10y_pct": 16.306987715714307,
        "exports_historical_peak_usd": 5964824.252008554,
        "buyer_imports_latest_observed_usd": 10157252.505994454,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 67.85714285714286,
        "trend_acceleration_pct": -2.5186360672397683,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 21.4316,
        "buyer_yoy_all_avg_pct": 61.577,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 47.28095913734429,
        "market_share_change_1y_pp": 1.7254923865904388,
        "peer_best_share_pct": 47.28095913734428,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 24,
        "buyer_market_hhi": 2776.61,
        "distance_km": 2330.799072265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.1527572807164251,
        "tariff_advantage_pp": 0.13802313660838164,
        "volatility_cv": 1.094920388112813,
        "max_drawdown_pct": 99.93274335503504,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 51,
        "exporter_iso3": "CHN",
        "importer_iso3": "THA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2689827.8714659503,
        "exports_all_year_avg_usd": 1010460.4117114645,
        "exports_avg_3y_usd": 2318579.5292039984,
        "exports_avg_5y_usd": 1854420.5460038395,
        "exports_avg_10y_usd": 2249517.611369391,
        "exports_cagr_3y_pct": 31.7242394241924,
        "exports_cagr_5y_pct": -19.47041487493624,
        "exports_cagr_10y_pct": 8.403874314200465,
        "exports_historical_peak_usd": 7942316.340561522,
        "buyer_imports_latest_observed_usd": 13506283.427006364,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 23.320365109991936,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 46.4849,
        "buyer_yoy_all_avg_pct": 17.3361,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 19.915381503749064,
        "market_share_change_1y_pp": -13.639358587183988,
        "peer_best_share_pct": 24.375960121981198,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 1672.13,
        "distance_km": 3303.890869140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.29405095701191925,
        "tariff_advantage_pp": 0.2988774639608283,
        "volatility_cv": 1.4881650590295064,
        "max_drawdown_pct": 96.15968339726251,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 52,
        "exporter_iso3": "CHN",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 2631770.3357929033,
        "exports_all_year_avg_usd": 468796.97938982997,
        "exports_avg_3y_usd": 2564778.209785381,
        "exports_avg_5y_usd": 1641292.234415798,
        "exports_avg_10y_usd": 1017595.4328113131,
        "exports_cagr_3y_pct": 102.34203022551141,
        "exports_cagr_5y_pct": 43.44007023128336,
        "exports_cagr_10y_pct": 45.623581833187885,
        "exports_historical_peak_usd": 4324525.403328226,
        "buyer_imports_latest_observed_usd": 39739072.772849485,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 59.25925925925926,
        "trend_acceleration_pct": 56.71844839232352,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -53.8462,
        "buyer_yoy_all_avg_pct": 15.3646,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 6.622626428241629,
        "market_share_change_1y_pp": 1.6000338037537034,
        "peer_best_share_pct": 39.942556605961535,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 2546.61,
        "distance_km": 10598.318359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.052512962910909095,
        "tariff_advantage_pp": 0.03372032864424244,
        "volatility_cv": 1.9099181539891623,
        "max_drawdown_pct": 92.28606692054015,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 53,
        "exporter_iso3": "CHN",
        "importer_iso3": "MEX",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 2603977.3428487834,
        "exports_all_year_avg_usd": 1146208.3454812816,
        "exports_avg_3y_usd": 3787184.7163956077,
        "exports_avg_5y_usd": 2888407.309412227,
        "exports_avg_10y_usd": 2559664.68604048,
        "exports_cagr_3y_pct": 1.7840116049773425,
        "exports_cagr_5y_pct": 5.154922074453894,
        "exports_cagr_10y_pct": 20.549446765342914,
        "exports_historical_peak_usd": 5098832.273529876,
        "buyer_imports_latest_observed_usd": 39714612.620051965,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 62.5,
        "trend_acceleration_pct": -18.76543516036557,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 15.4147,
        "buyer_yoy_all_avg_pct": 22.7606,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 6.556723510716134,
        "market_share_change_1y_pp": -8.261000034673238,
        "peer_best_share_pct": 32.20003693992759,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 86,
        "buyer_market_hhi": 1931.19,
        "distance_km": 12467.1669921875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.13600296420404037,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2159833447457227,
        "max_drawdown_pct": 84.08658426727106,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 54,
        "exporter_iso3": "CHN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2602048.0783904563,
        "exports_all_year_avg_usd": 1085929.4173242694,
        "exports_avg_3y_usd": 2089311.021775284,
        "exports_avg_5y_usd": 1642777.881121771,
        "exports_avg_10y_usd": 1752086.7667977512,
        "exports_cagr_3y_pct": 47.51120725107112,
        "exports_cagr_5y_pct": 16.57705151966704,
        "exports_cagr_10y_pct": 2.5207662804844766,
        "exports_historical_peak_usd": 3819769.2192733185,
        "buyer_imports_latest_observed_usd": 78415893.8500408,
        "historical_peak_year": 2010,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 44.99044097058665,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 24.9635,
        "buyer_yoy_all_avg_pct": 7.4315,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 3.3182661710985557,
        "market_share_change_1y_pp": 1.5990340731994976,
        "peer_best_share_pct": 16.502819862974114,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 52,
        "buyer_market_hhi": 924.29,
        "distance_km": 10993.6845703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9400050813399796,
        "max_drawdown_pct": 87.17880543728616,
        "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": 851440,
        "corridor_rank": 56,
        "exporter_iso3": "CHN",
        "importer_iso3": "ARE",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 2542886.195058233,
        "exports_all_year_avg_usd": 291405.7483570865,
        "exports_avg_3y_usd": 1369366.072565295,
        "exports_avg_5y_usd": 924922.9279599745,
        "exports_avg_10y_usd": 566510.7223282245,
        "exports_cagr_3y_pct": 120.21397782350766,
        "exports_cagr_5y_pct": 42.13507917366957,
        "exports_cagr_10y_pct": 37.05628431565242,
        "exports_historical_peak_usd": 2542886.195058233,
        "buyer_imports_latest_observed_usd": 11879929.57052163,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": 83.15769350785524,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -8.3794,
        "buyer_yoy_all_avg_pct": 293.876,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 21.404892848591007,
        "market_share_change_1y_pp": 11.368378713985283,
        "peer_best_share_pct": 25.498712084514953,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 1571.21,
        "distance_km": 5966.42724609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05214629114545452,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.850337952103189,
        "max_drawdown_pct": 98.49294093561264,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 60,
        "exporter_iso3": "CHN",
        "importer_iso3": "TUR",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 2366812.709956343,
        "exports_all_year_avg_usd": 568830.0367967793,
        "exports_avg_3y_usd": 1791723.2108650126,
        "exports_avg_5y_usd": 1391234.2364046755,
        "exports_avg_10y_usd": 877068.9401605378,
        "exports_cagr_3y_pct": 24.109517091709787,
        "exports_cagr_5y_pct": 41.91260366077076,
        "exports_cagr_10y_pct": 24.564655017999826,
        "exports_historical_peak_usd": 2366812.709956343,
        "buyer_imports_latest_observed_usd": 10673366.464402158,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 61.904761904761905,
        "trend_acceleration_pct": -0.455137926290039,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -6.3217,
        "buyer_yoy_all_avg_pct": 18.3198,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 22.174940941549632,
        "market_share_change_1y_pp": 7.833443857523269,
        "peer_best_share_pct": 22.656131445970043,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 1366.39,
        "distance_km": 7064.19677734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09186697906323232,
        "tariff_advantage_pp": 0.06806308525272728,
        "volatility_cv": 1.1565006699264666,
        "max_drawdown_pct": 88.9617135974687,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 67,
        "exporter_iso3": "CHN",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 2092331.96394263,
        "exports_all_year_avg_usd": 2253410.2934763893,
        "exports_avg_3y_usd": 3483877.3340528794,
        "exports_avg_5y_usd": 3856219.747720341,
        "exports_avg_10y_usd": 5003931.791913092,
        "exports_cagr_3y_pct": 14.477569569389903,
        "exports_cagr_5y_pct": -25.02428801618095,
        "exports_cagr_10y_pct": -8.169311572802195,
        "exports_historical_peak_usd": 8831360.164451892,
        "buyer_imports_latest_observed_usd": 10605428.742467977,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 70.37037037037037,
        "trend_acceleration_pct": 22.6468811421921,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -43.7611,
        "buyer_yoy_all_avg_pct": 6.8146,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 19.728876736158487,
        "market_share_change_1y_pp": -5.208454108657559,
        "peer_best_share_pct": 28.017634565156623,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 1460.95,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019320016547984244,
        "tariff_advantage_pp": 0.02411875489129495,
        "volatility_cv": 1.1999941520538562,
        "max_drawdown_pct": 89.73515970260767,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 74,
        "exporter_iso3": "CHN",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 1775958.5256600338,
        "exports_all_year_avg_usd": 633497.8206287415,
        "exports_avg_3y_usd": 1605486.780393988,
        "exports_avg_5y_usd": 1667090.8329159261,
        "exports_avg_10y_usd": 1312753.8548216175,
        "exports_cagr_3y_pct": -6.779160893277658,
        "exports_cagr_5y_pct": 3.836078253488684,
        "exports_cagr_10y_pct": 15.71765192153103,
        "exports_historical_peak_usd": 2192268.763821924,
        "buyer_imports_latest_observed_usd": 35299902.01466514,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 46.15384615384615,
        "trend_acceleration_pct": -22.49681281480869,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -15.209,
        "buyer_yoy_all_avg_pct": 7.9803,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 5.031057947192663,
        "market_share_change_1y_pp": 0.5998457300173383,
        "peer_best_share_pct": 30.36754044885533,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 48,
        "buyer_market_hhi": 1525.04,
        "distance_km": 7785.341796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019524322693477366,
        "tariff_advantage_pp": 0.04211767652037909,
        "volatility_cv": 1.0218993878128684,
        "max_drawdown_pct": 86.62509830594041,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851440,
        "corridor_rank": 87,
        "exporter_iso3": "CHN",
        "importer_iso3": "MYS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1384461.4528927605,
        "exports_all_year_avg_usd": 638560.71041288,
        "exports_avg_3y_usd": 1180965.5775301212,
        "exports_avg_5y_usd": 1068027.9934904734,
        "exports_avg_10y_usd": 1136010.2227958317,
        "exports_cagr_3y_pct": 31.180743158457137,
        "exports_cagr_5y_pct": 16.04495958195875,
        "exports_cagr_10y_pct": -6.269048301989066,
        "exports_historical_peak_usd": 2645151.8081280035,
        "buyer_imports_latest_observed_usd": 14345162.72787505,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 37.44979146044621,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -73.3165,
        "buyer_yoy_all_avg_pct": 14.1275,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 9.651068301947669,
        "market_share_change_1y_pp": 7.25155298171526,
        "peer_best_share_pct": 66.56203820906431,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 4574.46,
        "distance_km": 4355.04736328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.1265993152040404,
        "tariff_advantage_pp": 0.05617092602828282,
        "volatility_cv": 0.9940431871533958,
        "max_drawdown_pct": 99.18471910361268,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "CHN",
      "hs_code": 851440,
      "num_markets": 173,
      "highest_price_importer_iso3": "MDV",
      "highest_price_usd_per_ton": 18512500,
      "lowest_price_importer_iso3": "MDG",
      "lowest_price_usd_per_ton": 197.83783783783784,
      "median_price_across_markets": 31005.16175936023,
      "price_spread_pct": 59707.16200689853,
      "avg_quantity_metric_tons": 17.57251169188445,
      "total_trade_value_usd": 317503581
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 23635790.79310865,
        "active_destinations": 121,
        "yoy_growth_pct": 12.185827365767924
      },
      {
        "year": 2011,
        "export_value_usd": 25605965.660713546,
        "active_destinations": 124,
        "yoy_growth_pct": 8.335557226963308
      },
      {
        "year": 2012,
        "export_value_usd": 31216799.78136852,
        "active_destinations": 141,
        "yoy_growth_pct": 21.912214501105524
      },
      {
        "year": 2013,
        "export_value_usd": 37245087.68540971,
        "active_destinations": 139,
        "yoy_growth_pct": 19.311037474248472
      },
      {
        "year": 2014,
        "export_value_usd": 35250162.32032987,
        "active_destinations": 143,
        "yoy_growth_pct": -5.356210681875584
      },
      {
        "year": 2015,
        "export_value_usd": 64630579.163732566,
        "active_destinations": 143,
        "yoy_growth_pct": 83.34831645997299
      },
      {
        "year": 2016,
        "export_value_usd": 53562527.13197791,
        "active_destinations": 149,
        "yoy_growth_pct": -17.125101113074184
      },
      {
        "year": 2017,
        "export_value_usd": 42360250.78058112,
        "active_destinations": 148,
        "yoy_growth_pct": -20.91439099539575
      },
      {
        "year": 2018,
        "export_value_usd": 43865262.81149955,
        "active_destinations": 150,
        "yoy_growth_pct": 3.5528874432640642
      },
      {
        "year": 2019,
        "export_value_usd": 62909438.98636591,
        "active_destinations": 155,
        "yoy_growth_pct": 43.415164880475324
      },
      {
        "year": 2020,
        "export_value_usd": 58082085.21943875,
        "active_destinations": 148,
        "yoy_growth_pct": -7.6734967672710805
      },
      {
        "year": 2021,
        "export_value_usd": 43122970.41075719,
        "active_destinations": 155,
        "yoy_growth_pct": -25.755126993400506
      },
      {
        "year": 2022,
        "export_value_usd": 51558395.11947567,
        "active_destinations": 160,
        "yoy_growth_pct": 19.56132573514516
      },
      {
        "year": 2023,
        "export_value_usd": 68969768.44612393,
        "active_destinations": 160,
        "yoy_growth_pct": 33.7702003452611
      },
      {
        "year": 2024,
        "export_value_usd": 74251485.98143521,
        "active_destinations": 162,
        "yoy_growth_pct": 7.658018367043122
      }
    ],
    "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": "851440",
    "hs_description": "Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens",
    "hs_chapter": 85,
    "hs_heading": 8514
  },
  "destinations": [
    {
      "hs_code": 851440,
      "corridor_rank": 26,
      "exporter_iso3": "CHN",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 27,
      "exports_latest_observed_usd": 6026530.550708422,
      "exports_all_year_avg_usd": 2353937.8752335273,
      "exports_avg_3y_usd": 4407221.932572376,
      "exports_avg_5y_usd": 4369437.132881205,
      "exports_avg_10y_usd": 3808650.2273393357,
      "exports_cagr_3y_pct": 11.718701532610032,
      "exports_cagr_5y_pct": 5.232189608573012,
      "exports_cagr_10y_pct": 7.740415279279134,
      "exports_historical_peak_usd": 6188563.962475202,
      "buyer_imports_latest_observed_usd": 50516927.56865422,
      "historical_peak_year": 2009,
      "positive_growth_year_share_pct": 65.38461538461539,
      "trend_acceleration_pct": 3.9782862533308982,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 112.0188,
      "buyer_yoy_all_avg_pct": 20.0722,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 11.929725026365,
      "market_share_change_1y_pp": -3.4048213222593215,
      "peer_best_share_pct": 52.09630575059544,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 36,
      "buyer_market_hhi": 3017.49,
      "distance_km": 3785.01318359375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.5307908369111112,
      "tariff_advantage_pp": 0.45301342082222223,
      "volatility_cv": 0.8656110614235718,
      "max_drawdown_pct": 76.34516189348354,
      "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": 851440,
      "corridor_rank": 28,
      "exporter_iso3": "CHN",
      "importer_iso3": "TWN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 5597960.325833424,
      "exports_all_year_avg_usd": 1512250.716417023,
      "exports_avg_3y_usd": 4967146.360819437,
      "exports_avg_5y_usd": 4112115.284438362,
      "exports_avg_10y_usd": 3561931.5644900613,
      "exports_cagr_3y_pct": 18.525244143383457,
      "exports_cagr_5y_pct": 4.002283527283557,
      "exports_cagr_10y_pct": 14.900478359386637,
      "exports_historical_peak_usd": 5597960.325833424,
      "buyer_imports_latest_observed_usd": 61536616.739836335,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 3.6247657839968195,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 83.2019,
      "buyer_yoy_all_avg_pct": 19.6063,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 9.096958237890139,
      "market_share_change_1y_pp": -5.613796702409134,
      "peer_best_share_pct": 85.55527943076659,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 7407.09,
      "distance_km": 1718.1055908203125,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.1119868054633972,
      "max_drawdown_pct": 93.37282419352172,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 31,
      "exporter_iso3": "CHN",
      "importer_iso3": "VNM",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 4802446.406836116,
      "exports_all_year_avg_usd": 1477044.2759896228,
      "exports_avg_3y_usd": 3913122.977641566,
      "exports_avg_5y_usd": 3480217.7934748367,
      "exports_avg_10y_usd": 3341047.877081172,
      "exports_cagr_3y_pct": 13.788351648474539,
      "exports_cagr_5y_pct": -4.242461231254135,
      "exports_cagr_10y_pct": 16.306987715714307,
      "exports_historical_peak_usd": 5964824.252008554,
      "buyer_imports_latest_observed_usd": 10157252.505994454,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 67.85714285714286,
      "trend_acceleration_pct": -2.5186360672397683,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 21.4316,
      "buyer_yoy_all_avg_pct": 61.577,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 47.28095913734429,
      "market_share_change_1y_pp": 1.7254923865904388,
      "peer_best_share_pct": 47.28095913734428,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 24,
      "buyer_market_hhi": 2776.61,
      "distance_km": 2330.799072265625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.1527572807164251,
      "tariff_advantage_pp": 0.13802313660838164,
      "volatility_cv": 1.094920388112813,
      "max_drawdown_pct": 99.93274335503504,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 51,
      "exporter_iso3": "CHN",
      "importer_iso3": "THA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2689827.8714659503,
      "exports_all_year_avg_usd": 1010460.4117114645,
      "exports_avg_3y_usd": 2318579.5292039984,
      "exports_avg_5y_usd": 1854420.5460038395,
      "exports_avg_10y_usd": 2249517.611369391,
      "exports_cagr_3y_pct": 31.7242394241924,
      "exports_cagr_5y_pct": -19.47041487493624,
      "exports_cagr_10y_pct": 8.403874314200465,
      "exports_historical_peak_usd": 7942316.340561522,
      "buyer_imports_latest_observed_usd": 13506283.427006364,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 23.320365109991936,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 46.4849,
      "buyer_yoy_all_avg_pct": 17.3361,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 19.915381503749064,
      "market_share_change_1y_pp": -13.639358587183988,
      "peer_best_share_pct": 24.375960121981198,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 1672.13,
      "distance_km": 3303.890869140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.29405095701191925,
      "tariff_advantage_pp": 0.2988774639608283,
      "volatility_cv": 1.4881650590295064,
      "max_drawdown_pct": 96.15968339726251,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 52,
      "exporter_iso3": "CHN",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 2631770.3357929033,
      "exports_all_year_avg_usd": 468796.97938982997,
      "exports_avg_3y_usd": 2564778.209785381,
      "exports_avg_5y_usd": 1641292.234415798,
      "exports_avg_10y_usd": 1017595.4328113131,
      "exports_cagr_3y_pct": 102.34203022551141,
      "exports_cagr_5y_pct": 43.44007023128336,
      "exports_cagr_10y_pct": 45.623581833187885,
      "exports_historical_peak_usd": 4324525.403328226,
      "buyer_imports_latest_observed_usd": 39739072.772849485,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 59.25925925925926,
      "trend_acceleration_pct": 56.71844839232352,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -53.8462,
      "buyer_yoy_all_avg_pct": 15.3646,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 6.622626428241629,
      "market_share_change_1y_pp": 1.6000338037537034,
      "peer_best_share_pct": 39.942556605961535,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 36,
      "buyer_market_hhi": 2546.61,
      "distance_km": 10598.318359375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.052512962910909095,
      "tariff_advantage_pp": 0.03372032864424244,
      "volatility_cv": 1.9099181539891623,
      "max_drawdown_pct": 92.28606692054015,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 53,
      "exporter_iso3": "CHN",
      "importer_iso3": "MEX",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 2603977.3428487834,
      "exports_all_year_avg_usd": 1146208.3454812816,
      "exports_avg_3y_usd": 3787184.7163956077,
      "exports_avg_5y_usd": 2888407.309412227,
      "exports_avg_10y_usd": 2559664.68604048,
      "exports_cagr_3y_pct": 1.7840116049773425,
      "exports_cagr_5y_pct": 5.154922074453894,
      "exports_cagr_10y_pct": 20.549446765342914,
      "exports_historical_peak_usd": 5098832.273529876,
      "buyer_imports_latest_observed_usd": 39714612.620051965,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 62.5,
      "trend_acceleration_pct": -18.76543516036557,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 15.4147,
      "buyer_yoy_all_avg_pct": 22.7606,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 6.556723510716134,
      "market_share_change_1y_pp": -8.261000034673238,
      "peer_best_share_pct": 32.20003693992759,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 86,
      "buyer_market_hhi": 1931.19,
      "distance_km": 12467.1669921875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.13600296420404037,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2159833447457227,
      "max_drawdown_pct": 84.08658426727106,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 54,
      "exporter_iso3": "CHN",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2602048.0783904563,
      "exports_all_year_avg_usd": 1085929.4173242694,
      "exports_avg_3y_usd": 2089311.021775284,
      "exports_avg_5y_usd": 1642777.881121771,
      "exports_avg_10y_usd": 1752086.7667977512,
      "exports_cagr_3y_pct": 47.51120725107112,
      "exports_cagr_5y_pct": 16.57705151966704,
      "exports_cagr_10y_pct": 2.5207662804844766,
      "exports_historical_peak_usd": 3819769.2192733185,
      "buyer_imports_latest_observed_usd": 78415893.8500408,
      "historical_peak_year": 2010,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 44.99044097058665,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 24.9635,
      "buyer_yoy_all_avg_pct": 7.4315,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 3.3182661710985557,
      "market_share_change_1y_pp": 1.5990340731994976,
      "peer_best_share_pct": 16.502819862974114,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 52,
      "buyer_market_hhi": 924.29,
      "distance_km": 10993.6845703125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9400050813399796,
      "max_drawdown_pct": 87.17880543728616,
      "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": 851440,
      "corridor_rank": 56,
      "exporter_iso3": "CHN",
      "importer_iso3": "ARE",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 2542886.195058233,
      "exports_all_year_avg_usd": 291405.7483570865,
      "exports_avg_3y_usd": 1369366.072565295,
      "exports_avg_5y_usd": 924922.9279599745,
      "exports_avg_10y_usd": 566510.7223282245,
      "exports_cagr_3y_pct": 120.21397782350766,
      "exports_cagr_5y_pct": 42.13507917366957,
      "exports_cagr_10y_pct": 37.05628431565242,
      "exports_historical_peak_usd": 2542886.195058233,
      "buyer_imports_latest_observed_usd": 11879929.57052163,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": 83.15769350785524,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -8.3794,
      "buyer_yoy_all_avg_pct": 293.876,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 21.404892848591007,
      "market_share_change_1y_pp": 11.368378713985283,
      "peer_best_share_pct": 25.498712084514953,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 42,
      "buyer_market_hhi": 1571.21,
      "distance_km": 5966.42724609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.05214629114545452,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.850337952103189,
      "max_drawdown_pct": 98.49294093561264,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 60,
      "exporter_iso3": "CHN",
      "importer_iso3": "TUR",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 2366812.709956343,
      "exports_all_year_avg_usd": 568830.0367967793,
      "exports_avg_3y_usd": 1791723.2108650126,
      "exports_avg_5y_usd": 1391234.2364046755,
      "exports_avg_10y_usd": 877068.9401605378,
      "exports_cagr_3y_pct": 24.109517091709787,
      "exports_cagr_5y_pct": 41.91260366077076,
      "exports_cagr_10y_pct": 24.564655017999826,
      "exports_historical_peak_usd": 2366812.709956343,
      "buyer_imports_latest_observed_usd": 10673366.464402158,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 61.904761904761905,
      "trend_acceleration_pct": -0.455137926290039,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -6.3217,
      "buyer_yoy_all_avg_pct": 18.3198,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 22.174940941549632,
      "market_share_change_1y_pp": 7.833443857523269,
      "peer_best_share_pct": 22.656131445970043,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 32,
      "buyer_market_hhi": 1366.39,
      "distance_km": 7064.19677734375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09186697906323232,
      "tariff_advantage_pp": 0.06806308525272728,
      "volatility_cv": 1.1565006699264666,
      "max_drawdown_pct": 88.9617135974687,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 67,
      "exporter_iso3": "CHN",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 2092331.96394263,
      "exports_all_year_avg_usd": 2253410.2934763893,
      "exports_avg_3y_usd": 3483877.3340528794,
      "exports_avg_5y_usd": 3856219.747720341,
      "exports_avg_10y_usd": 5003931.791913092,
      "exports_cagr_3y_pct": 14.477569569389903,
      "exports_cagr_5y_pct": -25.02428801618095,
      "exports_cagr_10y_pct": -8.169311572802195,
      "exports_historical_peak_usd": 8831360.164451892,
      "buyer_imports_latest_observed_usd": 10605428.742467977,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 70.37037037037037,
      "trend_acceleration_pct": 22.6468811421921,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -43.7611,
      "buyer_yoy_all_avg_pct": 6.8146,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 19.728876736158487,
      "market_share_change_1y_pp": -5.208454108657559,
      "peer_best_share_pct": 28.017634565156623,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 29,
      "buyer_market_hhi": 1460.95,
      "distance_km": 2098.11083984375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019320016547984244,
      "tariff_advantage_pp": 0.02411875489129495,
      "volatility_cv": 1.1999941520538562,
      "max_drawdown_pct": 89.73515970260767,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 74,
      "exporter_iso3": "CHN",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 27,
      "exports_latest_observed_usd": 1775958.5256600338,
      "exports_all_year_avg_usd": 633497.8206287415,
      "exports_avg_3y_usd": 1605486.780393988,
      "exports_avg_5y_usd": 1667090.8329159261,
      "exports_avg_10y_usd": 1312753.8548216175,
      "exports_cagr_3y_pct": -6.779160893277658,
      "exports_cagr_5y_pct": 3.836078253488684,
      "exports_cagr_10y_pct": 15.71765192153103,
      "exports_historical_peak_usd": 2192268.763821924,
      "buyer_imports_latest_observed_usd": 35299902.01466514,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 46.15384615384615,
      "trend_acceleration_pct": -22.49681281480869,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -15.209,
      "buyer_yoy_all_avg_pct": 7.9803,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 5.031057947192663,
      "market_share_change_1y_pp": 0.5998457300173383,
      "peer_best_share_pct": 30.36754044885533,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 48,
      "buyer_market_hhi": 1525.04,
      "distance_km": 7785.341796875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019524322693477366,
      "tariff_advantage_pp": 0.04211767652037909,
      "volatility_cv": 1.0218993878128684,
      "max_drawdown_pct": 86.62509830594041,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851440,
      "corridor_rank": 87,
      "exporter_iso3": "CHN",
      "importer_iso3": "MYS",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1384461.4528927605,
      "exports_all_year_avg_usd": 638560.71041288,
      "exports_avg_3y_usd": 1180965.5775301212,
      "exports_avg_5y_usd": 1068027.9934904734,
      "exports_avg_10y_usd": 1136010.2227958317,
      "exports_cagr_3y_pct": 31.180743158457137,
      "exports_cagr_5y_pct": 16.04495958195875,
      "exports_cagr_10y_pct": -6.269048301989066,
      "exports_historical_peak_usd": 2645151.8081280035,
      "buyer_imports_latest_observed_usd": 14345162.72787505,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 37.44979146044621,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -73.3165,
      "buyer_yoy_all_avg_pct": 14.1275,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 9.651068301947669,
      "market_share_change_1y_pp": 7.25155298171526,
      "peer_best_share_pct": 66.56203820906431,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 4574.46,
      "distance_km": 4355.04736328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.1265993152040404,
      "tariff_advantage_pp": 0.05617092602828282,
      "volatility_cv": 0.9940431871533958,
      "max_drawdown_pct": 99.18471910361268,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "CHN",
    "hs_code": 851440,
    "num_markets": 173,
    "highest_price_importer_iso3": "MDV",
    "highest_price_usd_per_ton": 18512500,
    "lowest_price_importer_iso3": "MDG",
    "lowest_price_usd_per_ton": 197.83783783783784,
    "median_price_across_markets": 31005.16175936023,
    "price_spread_pct": 59707.16200689853,
    "avg_quantity_metric_tons": 17.57251169188445,
    "total_trade_value_usd": 317503581
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 23635790.79310865,
      "active_destinations": 121,
      "yoy_growth_pct": 12.185827365767924
    },
    {
      "year": 2011,
      "export_value_usd": 25605965.660713546,
      "active_destinations": 124,
      "yoy_growth_pct": 8.335557226963308
    },
    {
      "year": 2012,
      "export_value_usd": 31216799.78136852,
      "active_destinations": 141,
      "yoy_growth_pct": 21.912214501105524
    },
    {
      "year": 2013,
      "export_value_usd": 37245087.68540971,
      "active_destinations": 139,
      "yoy_growth_pct": 19.311037474248472
    },
    {
      "year": 2014,
      "export_value_usd": 35250162.32032987,
      "active_destinations": 143,
      "yoy_growth_pct": -5.356210681875584
    },
    {
      "year": 2015,
      "export_value_usd": 64630579.163732566,
      "active_destinations": 143,
      "yoy_growth_pct": 83.34831645997299
    },
    {
      "year": 2016,
      "export_value_usd": 53562527.13197791,
      "active_destinations": 149,
      "yoy_growth_pct": -17.125101113074184
    },
    {
      "year": 2017,
      "export_value_usd": 42360250.78058112,
      "active_destinations": 148,
      "yoy_growth_pct": -20.91439099539575
    },
    {
      "year": 2018,
      "export_value_usd": 43865262.81149955,
      "active_destinations": 150,
      "yoy_growth_pct": 3.5528874432640642
    },
    {
      "year": 2019,
      "export_value_usd": 62909438.98636591,
      "active_destinations": 155,
      "yoy_growth_pct": 43.415164880475324
    },
    {
      "year": 2020,
      "export_value_usd": 58082085.21943875,
      "active_destinations": 148,
      "yoy_growth_pct": -7.6734967672710805
    },
    {
      "year": 2021,
      "export_value_usd": 43122970.41075719,
      "active_destinations": 155,
      "yoy_growth_pct": -25.755126993400506
    },
    {
      "year": 2022,
      "export_value_usd": 51558395.11947567,
      "active_destinations": 160,
      "yoy_growth_pct": 19.56132573514516
    },
    {
      "year": 2023,
      "export_value_usd": 68969768.44612393,
      "active_destinations": 160,
      "yoy_growth_pct": 33.7702003452611
    },
    {
      "year": 2024,
      "export_value_usd": 74251485.98143521,
      "active_destinations": 162,
      "yoy_growth_pct": 7.658018367043122
    }
  ],
  "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
  }
}