{
  "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/920600",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920600",
    "exporter": "https://www.yugalinks.com/trade/exporter/chn/920600",
    "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": "920600",
    "exporter_iso3": "CHN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 199,
    "current_lane_count": 184,
    "active_market_count": 184,
    "exports_latest_observed_lanes_usd": 212642429.87085465,
    "exports_current_2024_usd": 212589617.167941,
    "exports_avg_3y_usd": 196663515.54981127,
    "exports_avg_5y_usd": 171631037.38038465,
    "exports_avg_10y_usd": 154031131.4620213,
    "exports_cagr_3y_pct": 11.90428272424031,
    "exports_cagr_5y_pct": 9.551706479945876,
    "exports_cagr_10y_pct": 3.2280792805729153,
    "exports_all_year_lane_avg_usd": 108858633.31139518,
    "exports_historical_lane_peak_usd": 282738839.17850786,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 8.676203443667395,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 50323811.48216667,
    "top_market_share_pct": 23.665931353742582,
    "destination_hhi": 886.8612772671318,
    "weighted_share_latest_pct": 52.666820771997685,
    "weighted_share_change_1y_pp": 1.919151831238473,
    "weighted_volatility_cv": 0.9137156452381371,
    "weighted_max_drawdown_pct": 53.647618696619325,
    "limited_history_lane_share_pct": 5.527638190954774,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:28",
    "source": "api",
    "product": {
      "hs_code": 920600,
      "hs_description": "Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)",
      "hs_chapter": 92,
      "hs_heading": 9206,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)",
    "hs_chapter": 92,
    "hs_heading": 9206,
    "destinations": [
      {
        "hs_code": 920600,
        "corridor_rank": 1,
        "exporter_iso3": "CHN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 50323811.48216667,
        "exports_all_year_avg_usd": 33912458.33539819,
        "exports_avg_3y_usd": 55445112.38324365,
        "exports_avg_5y_usd": 51083635.36485258,
        "exports_avg_10y_usd": 47337099.8480743,
        "exports_cagr_3y_pct": -0.9432110791280146,
        "exports_cagr_5y_pct": 2.763436520860707,
        "exports_cagr_10y_pct": 1.843983798981319,
        "exports_historical_peak_usd": 66198984.42467483,
        "buyer_imports_latest_observed_usd": 127703897.93679057,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -2.7871948781093336,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -2.581,
        "buyer_yoy_all_avg_pct": 3.3895,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 39.40663699010611,
        "market_share_change_1y_pp": 1.4070914081563046,
        "peer_best_share_pct": 39.406636990106115,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 89,
        "buyer_market_hhi": 1999.01,
        "distance_km": 10993.6845703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5306846215198401,
        "max_drawdown_pct": 28.87738456150301,
        "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": 920600,
        "corridor_rank": 2,
        "exporter_iso3": "CHN",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 22378434.646488216,
        "exports_all_year_avg_usd": 9960301.591302847,
        "exports_avg_3y_usd": 20725864.31224957,
        "exports_avg_5y_usd": 18697354.888501033,
        "exports_avg_10y_usd": 16019678.221335068,
        "exports_cagr_3y_pct": 11.208812210031294,
        "exports_cagr_5y_pct": 9.967767368531133,
        "exports_cagr_10y_pct": 2.9333289722349054,
        "exports_historical_peak_usd": 22378434.646488216,
        "buyer_imports_latest_observed_usd": 65209206.4685408,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": 8.275483237796388,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.2433,
        "buyer_yoy_all_avg_pct": 6.0055,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 34.31790671656824,
        "market_share_change_1y_pp": 2.6947650930244578,
        "peer_best_share_pct": 34.31790671656824,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 87,
        "buyer_market_hhi": 1600.21,
        "distance_km": 7785.341796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019524322693477366,
        "tariff_advantage_pp": 0.04211767652037909,
        "volatility_cv": 0.6571725192497715,
        "max_drawdown_pct": 37.63455812616857,
        "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": 920600,
        "corridor_rank": 3,
        "exporter_iso3": "CHN",
        "importer_iso3": "MYS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 20099272.708127998,
        "exports_all_year_avg_usd": 2198851.929137561,
        "exports_avg_3y_usd": 14164958.324468717,
        "exports_avg_5y_usd": 9665477.33887448,
        "exports_avg_10y_usd": 5469332.138395853,
        "exports_cagr_3y_pct": 67.59101202233957,
        "exports_cagr_5y_pct": 71.75295392086198,
        "exports_cagr_10y_pct": 31.51604386886715,
        "exports_historical_peak_usd": 20099272.708127998,
        "buyer_imports_latest_observed_usd": 21120533.37057001,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 36.07496815347242,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 19.0714,
        "buyer_yoy_all_avg_pct": 18.8569,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 95.16460761419465,
        "market_share_change_1y_pp": 0.5468418397451416,
        "peer_best_share_pct": 95.16460761419468,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 9060.79,
        "distance_km": 4355.04736328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.1265993152040404,
        "tariff_advantage_pp": 0.05617092602828282,
        "volatility_cv": 2.0553866617743344,
        "max_drawdown_pct": 62.19415676242973,
        "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": 920600,
        "corridor_rank": 5,
        "exporter_iso3": "CHN",
        "importer_iso3": "SGP",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 14911222.849778809,
        "exports_all_year_avg_usd": 1683709.0326913649,
        "exports_avg_3y_usd": 11714968.879549855,
        "exports_avg_5y_usd": 7596981.462053093,
        "exports_avg_10y_usd": 4201270.045258952,
        "exports_cagr_3y_pct": 112.15715839943053,
        "exports_cagr_5y_pct": 86.38826032188483,
        "exports_cagr_10y_pct": 28.913475688459123,
        "exports_historical_peak_usd": 14911222.849778809,
        "buyer_imports_latest_observed_usd": 16702905.07753856,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 83.2436827109714,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.6939,
        "buyer_yoy_all_avg_pct": 15.3656,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 89.27322989957514,
        "market_share_change_1y_pp": 0.012776129589525453,
        "peer_best_share_pct": 89.27322989957514,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 7993.42,
        "distance_km": 4484.6572265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.003564984112044444,
        "tariff_advantage_pp": 0.003564984112044444,
        "volatility_cv": 2.1394911628229405,
        "max_drawdown_pct": 57.074236936367754,
        "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": 920600,
        "corridor_rank": 11,
        "exporter_iso3": "CHN",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7195849.704644007,
        "exports_all_year_avg_usd": 4189091.04276367,
        "exports_avg_3y_usd": 6950067.148413361,
        "exports_avg_5y_usd": 6466405.738185177,
        "exports_avg_10y_usd": 5565113.338934732,
        "exports_cagr_3y_pct": 7.813208432660823,
        "exports_cagr_5y_pct": 6.708789916241975,
        "exports_cagr_10y_pct": 4.37324268945245,
        "exports_historical_peak_usd": 8710022.522260845,
        "buyer_imports_latest_observed_usd": 23365398.85450374,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 3.439965743208373,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -0.585,
        "buyer_yoy_all_avg_pct": 3.6953,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 30.797033465820718,
        "market_share_change_1y_pp": 3.39209706867333,
        "peer_best_share_pct": 30.797033465820718,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 64,
        "buyer_market_hhi": 1922.64,
        "distance_km": 8151.35302734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5901413564498467,
        "max_drawdown_pct": 54.5883827116124,
        "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": 920600,
        "corridor_rank": 18,
        "exporter_iso3": "CHN",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5273557.402960436,
        "exports_all_year_avg_usd": 3537080.580861214,
        "exports_avg_3y_usd": 4202695.074706507,
        "exports_avg_5y_usd": 4359381.210479853,
        "exports_avg_10y_usd": 4581140.220256627,
        "exports_cagr_3y_pct": 4.891120925462267,
        "exports_cagr_5y_pct": 3.680362882173416,
        "exports_cagr_10y_pct": -1.351312632910684,
        "exports_historical_peak_usd": 6042137.013325727,
        "buyer_imports_latest_observed_usd": 16105426.201649135,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 6.242433558372951,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 63.5552,
        "buyer_yoy_all_avg_pct": 1.9143,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 32.74397918398734,
        "market_share_change_1y_pp": 4.154287331536786,
        "peer_best_share_pct": 32.74397918398734,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 2067.86,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019320016547984244,
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        "volatility_cv": 0.5112988839571229,
        "max_drawdown_pct": 53.406342771326166,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920600,
        "corridor_rank": 19,
        "exporter_iso3": "CHN",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4998496.817455332,
        "exports_all_year_avg_usd": 2948428.2125610453,
        "exports_avg_3y_usd": 6024906.563904638,
        "exports_avg_5y_usd": 6215142.914648572,
        "exports_avg_10y_usd": 5121711.862753943,
        "exports_cagr_3y_pct": -13.028700174996398,
        "exports_cagr_5y_pct": 0.6763765806007793,
        "exports_cagr_10y_pct": 1.85915506857397,
        "exports_historical_peak_usd": 7598214.285167929,
        "buyer_imports_latest_observed_usd": 10180362.68467686,
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        "positive_growth_year_share_pct": 68.96551724137932,
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        "buyer_yoy_all_avg_pct": 7.1127,
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        "peer_top_exporter": "CHN",
        "supplier_count_latest": 50,
        "buyer_market_hhi": 2745.33,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.14177167863838386,
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        "volatility_cv": 0.7348200624453962,
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        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920600,
        "corridor_rank": 20,
        "exporter_iso3": "CHN",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4426636.477259612,
        "exports_all_year_avg_usd": 2985302.2927700793,
        "exports_avg_3y_usd": 5139012.001211183,
        "exports_avg_5y_usd": 4658196.4450149145,
        "exports_avg_10y_usd": 3849314.386627227,
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        "exports_cagr_5y_pct": 10.544824157898415,
        "exports_cagr_10y_pct": 2.8089298700374687,
        "exports_historical_peak_usd": 5858087.6326240115,
        "buyer_imports_latest_observed_usd": 11220870.79709443,
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        "positive_growth_year_share_pct": 62.06896551724138,
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        "buyer_yoy_all_avg_pct": 3.7875,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 39.450026270740594,
        "market_share_change_1y_pp": -5.689629185017665,
        "peer_best_share_pct": 39.450026270740594,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 51,
        "buyer_market_hhi": 2161.15,
        "distance_km": 8956.435546875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.059638680392282845,
        "tariff_advantage_pp": -0.023595849959595946,
        "volatility_cv": 0.5755161201666408,
        "max_drawdown_pct": 55.65952087067549,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920600,
        "corridor_rank": 23,
        "exporter_iso3": "CHN",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3890383.0917177694,
        "exports_all_year_avg_usd": 2949696.274274944,
        "exports_avg_3y_usd": 4353576.292990454,
        "exports_avg_5y_usd": 4167164.8390483633,
        "exports_avg_10y_usd": 4148883.780290345,
        "exports_cagr_3y_pct": -7.748552071935933,
        "exports_cagr_5y_pct": -0.7168537127404728,
        "exports_cagr_10y_pct": -1.571812122895655,
        "exports_historical_peak_usd": 8143040.598069112,
        "buyer_imports_latest_observed_usd": 15401667.325910753,
        "historical_peak_year": 2010,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -6.176739949040278,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -18.8112,
        "buyer_yoy_all_avg_pct": 5.8967,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 25.259493075615545,
        "market_share_change_1y_pp": 2.0914333903144993,
        "peer_best_share_pct": 35.46643042004532,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 68,
        "buyer_market_hhi": 2123.62,
        "distance_km": 7831.140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019785718721303032,
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}