{
  "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/920994",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920994",
    "exporter": "https://www.yugalinks.com/trade/exporter/chn/920994",
    "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": "920994",
    "exporter_iso3": "CHN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 184,
    "current_lane_count": 154,
    "active_market_count": 154,
    "exports_latest_observed_lanes_usd": 95738041.9695745,
    "exports_current_2024_usd": 94844834.26826012,
    "exports_avg_3y_usd": 94254238.87338482,
    "exports_avg_5y_usd": 100512374.67890795,
    "exports_avg_10y_usd": 96293331.69189869,
    "exports_cagr_3y_pct": -8.677096432348108,
    "exports_cagr_5y_pct": -2.225099232380501,
    "exports_cagr_10y_pct": 3.652555887157072,
    "exports_all_year_lane_avg_usd": 55105033.34202245,
    "exports_historical_lane_peak_usd": 187335521.3958924,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": -12.329652319505179,
    "trend_label": "Declining",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 27439009.902328573,
    "top_market_share_pct": 28.660508756852032,
    "destination_hhi": 1241.3006454886004,
    "weighted_share_latest_pct": 29.032921688785546,
    "weighted_share_change_1y_pp": 1.7715682246005533,
    "weighted_volatility_cv": 0.8774967484337921,
    "weighted_max_drawdown_pct": 61.040343810172025,
    "limited_history_lane_share_pct": 12.5,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:28",
    "source": "api",
    "product": {
      "hs_code": 920994,
      "hs_description": "Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)",
      "hs_chapter": 92,
      "hs_heading": 9209,
      "substitution_elasticity": -5.7238111,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Musical instruments: parts and accessories for the musical instruments the sound of which is produced or must be amplified electrically (e.g. organs, guitars and accordions)",
    "hs_chapter": 92,
    "hs_heading": 9209,
    "destinations": [
      {
        "hs_code": 920994,
        "corridor_rank": 1,
        "exporter_iso3": "CHN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 27439009.902328573,
        "exports_all_year_avg_usd": 12254881.772913694,
        "exports_avg_3y_usd": 26373545.297175985,
        "exports_avg_5y_usd": 29721010.940372497,
        "exports_avg_10y_usd": 23634901.590183616,
        "exports_cagr_3y_pct": -10.86081487204419,
        "exports_cagr_5y_pct": -0.11362299581215707,
        "exports_cagr_10y_pct": 8.37265514111072,
        "exports_historical_peak_usd": 38740253.435700536,
        "buyer_imports_latest_observed_usd": 91977444.85055915,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -19.233470013154907,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 7.5537,
        "buyer_yoy_all_avg_pct": 4.126,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 29.8323245953508,
        "market_share_change_1y_pp": 0.20689848575548098,
        "peer_best_share_pct": 29.8323245953508,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1407.16,
        "distance_km": 10993.6845703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7968816245010462,
        "max_drawdown_pct": 43.34449450342917,
        "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": 920994,
        "corridor_rank": 4,
        "exporter_iso3": "CHN",
        "importer_iso3": "IDN",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 14920263.146340467,
        "exports_all_year_avg_usd": 6737633.099723568,
        "exports_avg_3y_usd": 16817397.7642169,
        "exports_avg_5y_usd": 18295781.564521868,
        "exports_avg_10y_usd": 14947844.377896313,
        "exports_cagr_3y_pct": -15.086912594358349,
        "exports_cagr_5y_pct": 1.2411736193269185,
        "exports_cagr_10y_pct": 3.6491587713704865,
        "exports_historical_peak_usd": 24369834.900959596,
        "buyer_imports_latest_observed_usd": 54609501.58639696,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 75,
        "trend_acceleration_pct": -18.736071365728836,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 19.8907,
        "buyer_yoy_all_avg_pct": 11.563,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 27.32173470350268,
        "market_share_change_1y_pp": -3.3143706192934594,
        "peer_best_share_pct": 48.07746082908419,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 43,
        "buyer_market_hhi": 3266.01,
        "distance_km": 5220.87939453125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.16605990710525254,
        "tariff_advantage_pp": 0.12010865914781818,
        "volatility_cv": 1.0399445436065717,
        "max_drawdown_pct": 56.82359876921957,
        "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": 920994,
        "corridor_rank": 5,
        "exporter_iso3": "CHN",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7703221.64115431,
        "exports_all_year_avg_usd": 3606142.1204286753,
        "exports_avg_3y_usd": 8382386.82915549,
        "exports_avg_5y_usd": 8780489.891105369,
        "exports_avg_10y_usd": 7300084.956037721,
        "exports_cagr_3y_pct": -12.344696374138975,
        "exports_cagr_5y_pct": 4.797747365586247,
        "exports_cagr_10y_pct": 8.329476510604273,
        "exports_historical_peak_usd": 11437676.226395601,
        "buyer_imports_latest_observed_usd": 35483879.07131227,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -20.67417288474325,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -9.7236,
        "buyer_yoy_all_avg_pct": 6.4946,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 21.70907421275187,
        "market_share_change_1y_pp": 2.5446866146614546,
        "peer_best_share_pct": 21.70907421275187,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 68,
        "buyer_market_hhi": 1087.43,
        "distance_km": 7785.341796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019524322693477366,
        "tariff_advantage_pp": 0.04211767652037909,
        "volatility_cv": 0.8595381190787404,
        "max_drawdown_pct": 40.71043405178538,
        "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": 920994,
        "corridor_rank": 12,
        "exporter_iso3": "CHN",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5117623.420067806,
        "exports_all_year_avg_usd": 4898882.710709441,
        "exports_avg_3y_usd": 4455435.966675553,
        "exports_avg_5y_usd": 5185729.318631613,
        "exports_avg_10y_usd": 5525793.702655455,
        "exports_cagr_3y_pct": -6.123956915671236,
        "exports_cagr_5y_pct": -3.0054035882909225,
        "exports_cagr_10y_pct": -1.6388587570332347,
        "exports_historical_peak_usd": 8972642.5016657,
        "buyer_imports_latest_observed_usd": 27674488.65271671,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -4.485098158638001,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 75.5148,
        "buyer_yoy_all_avg_pct": 4.1075,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 18.49220588784186,
        "market_share_change_1y_pp": 10.45898037473325,
        "peer_best_share_pct": 25.661174831848637,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 1516.51,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019320016547984244,
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        "volatility_cv": 0.4599157335163673,
        "max_drawdown_pct": 85.88322371353885,
        "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": 920994,
        "corridor_rank": 19,
        "exporter_iso3": "CHN",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3969974.4394404474,
        "exports_all_year_avg_usd": 2389629.370939505,
        "exports_avg_3y_usd": 3912850.1917672176,
        "exports_avg_5y_usd": 3940561.0351146907,
        "exports_avg_10y_usd": 3171160.5137695395,
        "exports_cagr_3y_pct": 3.6033114572999736,
        "exports_cagr_5y_pct": 3.6775585788406895,
        "exports_cagr_10y_pct": 7.89618241593486,
        "exports_historical_peak_usd": 4693530.462330348,
        "buyer_imports_latest_observed_usd": 17443102.5188499,
        "historical_peak_year": 2004,
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        "buyer_yoy_latest_pct": -2.3443,
        "buyer_yoy_all_avg_pct": 6.5072,
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        "market_share_latest_pct": 22.759566052829726,
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        "peer_best_share_pct": 26.37203757060092,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 1510.9,
        "distance_km": 8151.35302734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6293193018214053,
        "max_drawdown_pct": 71.00918432796476,
        "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"
      },
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        "hs_code": 920994,
        "corridor_rank": 30,
        "exporter_iso3": "CHN",
        "importer_iso3": "KOR",
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        "lane_data_years": 30,
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        "exports_avg_10y_usd": 3710049.082206036,
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        "positive_growth_year_share_pct": 62.06896551724138,
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        "buyer_yoy_all_avg_pct": 1.2043,
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        "market_share_latest_pct": 30.15638372860405,
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        "peer_best_share_pct": 42.55644758775002,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 2931.84,
        "distance_km": 955.6510620117188,
        "has_reported_fta": 1,
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        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "exporter_iso3": "CHN",
        "importer_iso3": "CAN",
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        "exports_latest_observed_usd": 2263706.5211281413,
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        "exports_avg_5y_usd": 2394099.9354268024,
        "exports_avg_10y_usd": 2277982.3846427733,
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        "buyer_market_hhi": 1755.47,
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        "applied_tariff_pct": 0.052512962910909095,
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        "volatility_cv": 0.551966243081018,
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        "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"
      },
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        "hs_code": 920994,
        "corridor_rank": 44,
        "exporter_iso3": "CHN",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1559556.1110029216,
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        "exports_avg_10y_usd": 2326427.9066059357,
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        "exports_cagr_10y_pct": -7.088527657889799,
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        "market_share_latest_pct": 12.38343030149387,
        "market_share_change_1y_pp": 3.625033959792436,
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        "peer_top_exporter": "DEU",
        "supplier_count_latest": 62,
        "buyer_market_hhi": 1759.07,
        "distance_km": 8225.232421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019785718721303032,
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        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "hs_code": 920994,
        "corridor_rank": 63,
        "exporter_iso3": "CHN",
        "importer_iso3": "NLD",
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        "exports_avg_10y_usd": 741434.759177794,
        "exports_cagr_3y_pct": 4.332571575908362,
        "exports_cagr_5y_pct": 11.356352375589541,
        "exports_cagr_10y_pct": -6.671227437367266,
        "exports_historical_peak_usd": 1482069.970681729,
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        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 57.69230769230769,
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        "buyer_yoy_latest_pct": 81.6353,
        "buyer_yoy_all_avg_pct": 11.6678,
        "buyer_trend_consistency_pct": 58.6207,
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        "supplier_count_latest": 54,
        "buyer_market_hhi": 1900.22,
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