# Germany HS 850423 exports | Yugalinks

Explore reported HS 850423 exports from Germany: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Germany |
| HS6 | 850423 |
| Latest exports | $423.7M |
| Active destinations | 51 |
| Three-year growth | +7.7% |
| Destination HHI | 1,131 |
| Weighted share | 18.7% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $123.5M; share 4.1%; growth +23.8%
- United Arab Emirates: $32.0M; share 10.5%; growth +56.6%
- Netherlands: $30.7M; share 17.6%; growth +18.5%
- New Zealand: $26.5M; share 42.9%; growth +0%
- United Kingdom: $25.4M; share 9.8%; growth +4.5%
- Taiwan: $20.1M; share 32.6%; growth +168.5%

## Price intelligence

- Highest reported market price: Mauritius at $2.2M / ton.
- Lowest reported market price: Italy at $34.3 / ton.
- Median reported price: $10.7K / ton.
- Price spread: 20,501.3%.

## Export history

- 2010: $522.6M
- 2011: $407.3M
- 2012: $517.9M
- 2013: $512.6M
- 2014: $382.4M
- 2015: $359.1M
- 2016: $380.6M
- 2017: $442.4M
- 2018: $403.4M
- 2019: $297.4M
- 2020: $329.2M
- 2021: $258.2M
- 2022: $300.8M
- 2023: $362.2M
- 2024: $322.3M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/deu/850423",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/850423",
    "exporter": "https://www.yugalinks.com/trade/exporter/deu/850423",
    "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": "850423",
    "exporter_iso3": "DEU",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 158,
    "current_lane_count": 51,
    "active_market_count": 51,
    "exports_latest_observed_lanes_usd": 423747514.2405905,
    "exports_current_2024_usd": 322348694.86245435,
    "exports_avg_3y_usd": 328445550.28957385,
    "exports_avg_5y_usd": 314547205.91646403,
    "exports_avg_10y_usd": 345552793.43789357,
    "exports_cagr_3y_pct": 7.681954655974477,
    "exports_cagr_5y_pct": 1.62639963954887,
    "exports_cagr_10y_pct": -1.6944177114011527,
    "exports_all_year_lane_avg_usd": 420343496.47907305,
    "exports_historical_lane_peak_usd": 1710929851.3093684,
    "historical_peak_year": 2010,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 9.37637236737563,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 123458532.4924688,
    "top_market_share_pct": 29.134927838744307,
    "destination_hhi": 1131.4250695625492,
    "weighted_share_latest_pct": 18.737307299569082,
    "weighted_share_change_1y_pp": 7.067519602192625,
    "weighted_volatility_cv": 0.8924057699231835,
    "weighted_max_drawdown_pct": 84.24295565883735,
    "limited_history_lane_share_pct": 34.177215189873415,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:35",
    "source": "api",
    "product": {
      "hs_code": 850423,
      "hs_description": "Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA",
      "hs_chapter": 85,
      "hs_heading": 8504,
      "substitution_elasticity": -7.2835398,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA",
    "hs_chapter": 85,
    "hs_heading": 8504,
    "destinations": [
      {
        "hs_code": 850423,
        "corridor_rank": 11,
        "exporter_iso3": "DEU",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 123458532.4924688,
        "exports_all_year_avg_usd": 39046194.08814148,
        "exports_avg_3y_usd": 104128540.11021133,
        "exports_avg_5y_usd": 89770500.83486015,
        "exports_avg_10y_usd": 67366709.13128032,
        "exports_cagr_3y_pct": 23.75290425967862,
        "exports_cagr_5y_pct": 24.497451257916758,
        "exports_cagr_10y_pct": 29.632802566300164,
        "exports_historical_peak_usd": 126781506.43181342,
        "buyer_imports_latest_observed_usd": 3027944447.4087443,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -5.879898306621545,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 48.9159,
        "buyer_yoy_all_avg_pct": 15.5581,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 4.077305070709675,
        "market_share_change_1y_pp": -2.1578773855988755,
        "peer_best_share_pct": 23.575225547949945,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 1046.61,
        "distance_km": 6035.33447265625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04660416541625514,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7924577960420432,
        "max_drawdown_pct": 92.82602812379962,
        "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": 850423,
        "corridor_rank": 67,
        "exporter_iso3": "DEU",
        "importer_iso3": "ARE",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 32019839.663786635,
        "exports_all_year_avg_usd": 30792675.40434013,
        "exports_avg_3y_usd": 23282985.62879904,
        "exports_avg_5y_usd": 20507821.730202693,
        "exports_avg_10y_usd": 28398217.625168957,
        "exports_cagr_3y_pct": 56.575194174898535,
        "exports_cagr_5y_pct": -0.7462658661543831,
        "exports_cagr_10y_pct": -6.958684280712857,
        "exports_historical_peak_usd": 93195336.6696607,
        "buyer_imports_latest_observed_usd": 303548861.4112209,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 63.533878455611394,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 86.559,
        "buyer_yoy_all_avg_pct": 29.06,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 10.548496052636816,
        "market_share_change_1y_pp": -5.479228742635053,
        "peer_best_share_pct": 22.06518291935981,
        "peer_top_exporter": "SWE",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 1322.96,
        "distance_km": 5004.5615234375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.052133813497942355,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.79801173694381,
        "max_drawdown_pct": 91.04931868676564,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 850423,
        "corridor_rank": 68,
        "exporter_iso3": "DEU",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 30701634.383697182,
        "exports_all_year_avg_usd": 10487662.77588303,
        "exports_avg_3y_usd": 30543372.248473585,
        "exports_avg_5y_usd": 26316386.472665,
        "exports_avg_10y_usd": 19229032.77845801,
        "exports_cagr_3y_pct": 18.457706407710404,
        "exports_cagr_5y_pct": 12.745436296329625,
        "exports_cagr_10y_pct": 18.849636979066766,
        "exports_historical_peak_usd": 38064552.82712607,
        "buyer_imports_latest_observed_usd": 174691688.65174323,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60.714285714285715,
        "trend_acceleration_pct": -0.39193057135636167,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 53.4437,
        "buyer_yoy_all_avg_pct": 99.4211,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 17.574753911104757,
        "market_share_change_1y_pp": -2.5082049509516544,
        "peer_best_share_pct": 29.162859962348826,
        "peer_top_exporter": "HRV",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 1865.92,
        "distance_km": 173.52386474609375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9396086627597627,
        "max_drawdown_pct": 92.01501820101501,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 850423,
        "corridor_rank": 77,
        "exporter_iso3": "DEU",
        "importer_iso3": "NZL",
        "latest_data_year": 2011,
        "lane_data_years": 1,
        "exports_latest_observed_usd": 26534554.043442186,
        "exports_all_year_avg_usd": 26534554.043442186,
        "exports_avg_3y_usd": 26534554.043442186,
        "exports_avg_5y_usd": 26534554.043442186,
        "exports_avg_10y_usd": 26534554.043442186,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 26534554.043442186,
        "buyer_imports_latest_observed_usd": 45965335.92719404,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": null,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": 230.9353,
        "buyer_yoy_all_avg_pct": 51.8855,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 42.88656589952829,
        "market_share_change_1y_pp": 42.88656589952829,
        "peer_best_share_pct": 65.67533644960146,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 7,
        "buyer_market_hhi": 4627.95,
        "distance_km": 18824.75390625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.062361757011728386,
        "tariff_advantage_pp": null,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 850423,
        "corridor_rank": 81,
        "exporter_iso3": "DEU",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 25387329.915238388,
        "exports_all_year_avg_usd": 12523385.476301847,
        "exports_avg_3y_usd": 29600058.048361603,
        "exports_avg_5y_usd": 22208131.435424007,
        "exports_avg_10y_usd": 23139257.235491533,
        "exports_cagr_3y_pct": 4.521727967018729,
        "exports_cagr_5y_pct": 0.8294848830911583,
        "exports_cagr_10y_pct": 2.2434921683110343,
        "exports_historical_peak_usd": 47666290.23618671,
        "buyer_imports_latest_observed_usd": 259713944.4881538,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 2.278235798707695,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 5.3062,
        "buyer_yoy_all_avg_pct": 34.1316,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 9.775112370370383,
        "market_share_change_1y_pp": -3.4270823385888445,
        "peer_best_share_pct": 25.096710566108754,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 1244.71,
        "distance_km": 495.36328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.025672934254349,
        "max_drawdown_pct": 99.984217012164,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 850423,
        "corridor_rank": 96,
        "exporter_iso3": "DEU",
        "importer_iso3": "TWN",
        "latest_data_year": 2024,
        "lane_data_years": 18,
        "exports_latest_observed_usd": 20050607.168427207,
        "exports_all_year_avg_usd": 3961865.1829059445,
        "exports_avg_3y_usd": 20050607.168427207,
        "exports_avg_5y_usd": 10543391.956929091,
        "exports_avg_10y_usd": 7270238.64217333,
        "exports_cagr_3y_pct": 168.47131849523018,
        "exports_cagr_5y_pct": 44.14195127024681,
        "exports_cagr_10y_pct": 11.643265827803017,
        "exports_historical_peak_usd": 20050607.168427207,
        "buyer_imports_latest_observed_usd": 61572798.50277498,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 41.1764705882353,
        "trend_acceleration_pct": 156.82805266742716,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 85.1069,
        "buyer_yoy_all_avg_pct": 166.938,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 32.56406669176091,
        "market_share_change_1y_pp": 27.440633726729573,
        "peer_best_share_pct": 39.34549978651206,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 9,
        "buyer_market_hhi": 2852.14,
        "distance_km": 9396.1259765625,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1239914447149841,
        "max_drawdown_pct": 88.54601484684916,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "DEU",
      "hs_code": 850423,
      "num_markets": 98,
      "highest_price_importer_iso3": "MUS",
      "highest_price_usd_per_ton": 2185545.4545454546,
      "lowest_price_importer_iso3": "ITA",
      "lowest_price_usd_per_ton": 34.31449094316053,
      "median_price_across_markets": 10660.334273636096,
      "price_spread_pct": 20501.337800067533,
      "avg_quantity_metric_tons": 661.3197509433962,
      "total_trade_value_usd": 1880854223
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 522644241.8222822,
        "active_destinations": 66,
        "yoy_growth_pct": 2.929797283045292
      },
      {
        "year": 2011,
        "export_value_usd": 407317469.07662404,
        "active_destinations": 68,
        "yoy_growth_pct": -22.066018051505367
      },
      {
        "year": 2012,
        "export_value_usd": 517870136.16563916,
        "active_destinations": 65,
        "yoy_growth_pct": 27.141646377120672
      },
      {
        "year": 2013,
        "export_value_usd": 512618394.6358162,
        "active_destinations": 61,
        "yoy_growth_pct": -1.0141039544599637
      },
      {
        "year": 2014,
        "export_value_usd": 382423098.9405255,
        "active_destinations": 65,
        "yoy_growth_pct": -25.39809282259301
      },
      {
        "year": 2015,
        "export_value_usd": 359093891.8913456,
        "active_destinations": 69,
        "yoy_growth_pct": -6.100365567302727
      },
      {
        "year": 2016,
        "export_value_usd": 380552897.65239084,
        "active_destinations": 64,
        "yoy_growth_pct": 5.975876016164115
      },
      {
        "year": 2017,
        "export_value_usd": 442414484.1039437,
        "active_destinations": 68,
        "yoy_growth_pct": 16.25571289383775
      },
      {
        "year": 2018,
        "export_value_usd": 403363326.3934219,
        "active_destinations": 67,
        "yoy_growth_pct": -8.826826226002783
      },
      {
        "year": 2019,
        "export_value_usd": 297367304.7555141,
        "active_destinations": 56,
        "yoy_growth_pct": -26.278051251125444
      },
      {
        "year": 2020,
        "export_value_usd": 329234520.4585502,
        "active_destinations": 62,
        "yoy_growth_pct": 10.716449049177191
      },
      {
        "year": 2021,
        "export_value_usd": 258164858.2550483,
        "active_destinations": 49,
        "yoy_growth_pct": -21.586333688374392
      },
      {
        "year": 2022,
        "export_value_usd": 300832237.66633946,
        "active_destinations": 55,
        "yoy_growth_pct": 16.52718332761574
      },
      {
        "year": 2023,
        "export_value_usd": 362155718.33992743,
        "active_destinations": 51,
        "yoy_growth_pct": 20.384610754916295
      },
      {
        "year": 2024,
        "export_value_usd": 322348694.8624544,
        "active_destinations": 51,
        "yoy_growth_pct": -10.991687128383063
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "DEU",
      "exports_usd": 1556773836581.939,
      "imports_usd": 1317565125540.067,
      "trade_balance_usd": 239208711041.87207,
      "yoy_exports_growth_pct": -4.920181070331687,
      "yoy_imports_growth_pct": -5.864236583999549,
      "exports_cagr_3y_pct": -0.27823928798644815,
      "imports_cagr_3y_pct": -0.9610037823739925,
      "export_partner_hhi": 438.209471440054,
      "export_product_hhi": 54.022047395285114,
      "momentum_score": -3.527598535628115,
      "risk_score": 2.4611575941766954,
      "gdp_million_usd": 4685592.5778046865,
      "gdp_per_capita_usd": 56103.73231825545,
      "population": 83516593,
      "labor_force": 43123.3,
      "investment_rate_pct": 22.08,
      "savings_rate_pct": 27.68,
      "secondary_education_pct": 95.9,
      "tertiary_education_pct": 20.06,
      "total_factor_productivity": 2376,
      "trade_openness_pct": 64.10501996682734,
      "exports_gdp_pct": 34.71998925424008,
      "num_active_partners": 1080,
      "num_fta_partners": 214,
      "num_wto_partners": 676,
      "num_eu_partners": 112,
      "num_shared_border_partners": 18,
      "num_shared_language_partners": 8,
      "avg_partner_distance_km": 6605.880658436214,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212737,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 19.814814814814817,
      "pct_partners_shared_language": 0.7407407407407408,
      "pct_partners_shared_border": 1.6666666666666667,
      "avg_applied_tariff_pct": 0.12742739700531733,
      "avg_mfn_tariff_pct": 0.12991419306435142,
      "avg_preferential_tariff_pct": 0.024712068784908343,
      "tariff_advantage_pp": 0.10520212427944309,
      "avg_distance_all_partners_km": 6614.911529962142,
      "num_border_partners": 360,
      "num_colonial_partners": 384,
      "avg_substitution_elasticity": -10.91665015154679,
      "pct_products_high_elasticity": 76.04527604527604,
      "pct_products_low_elasticity": 2.6565026565026564,
      "real_market_potential": 2800764.90471021,
      "foreign_market_potential": 32561.235292050776
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "850423",
    "hs_description": "Electrical transformers: liquid dielectric, having a power handling capacity exceeding 10,000kVA",
    "hs_chapter": 85,
    "hs_heading": 8504
  },
  "destinations": [
    {
      "hs_code": 850423,
      "corridor_rank": 11,
      "exporter_iso3": "DEU",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 123458532.4924688,
      "exports_all_year_avg_usd": 39046194.08814148,
      "exports_avg_3y_usd": 104128540.11021133,
      "exports_avg_5y_usd": 89770500.83486015,
      "exports_avg_10y_usd": 67366709.13128032,
      "exports_cagr_3y_pct": 23.75290425967862,
      "exports_cagr_5y_pct": 24.497451257916758,
      "exports_cagr_10y_pct": 29.632802566300164,
      "exports_historical_peak_usd": 126781506.43181342,
      "buyer_imports_latest_observed_usd": 3027944447.4087443,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -5.879898306621545,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 48.9159,
      "buyer_yoy_all_avg_pct": 15.5581,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 4.077305070709675,
      "market_share_change_1y_pp": -2.1578773855988755,
      "peer_best_share_pct": 23.575225547949945,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 35,
      "buyer_market_hhi": 1046.61,
      "distance_km": 6035.33447265625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04660416541625514,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7924577960420432,
      "max_drawdown_pct": 92.82602812379962,
      "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": 850423,
      "corridor_rank": 67,
      "exporter_iso3": "DEU",
      "importer_iso3": "ARE",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 32019839.663786635,
      "exports_all_year_avg_usd": 30792675.40434013,
      "exports_avg_3y_usd": 23282985.62879904,
      "exports_avg_5y_usd": 20507821.730202693,
      "exports_avg_10y_usd": 28398217.625168957,
      "exports_cagr_3y_pct": 56.575194174898535,
      "exports_cagr_5y_pct": -0.7462658661543831,
      "exports_cagr_10y_pct": -6.958684280712857,
      "exports_historical_peak_usd": 93195336.6696607,
      "buyer_imports_latest_observed_usd": 303548861.4112209,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 63.533878455611394,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 86.559,
      "buyer_yoy_all_avg_pct": 29.06,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 10.548496052636816,
      "market_share_change_1y_pp": -5.479228742635053,
      "peer_best_share_pct": 22.06518291935981,
      "peer_top_exporter": "SWE",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 1322.96,
      "distance_km": 5004.5615234375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.052133813497942355,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.79801173694381,
      "max_drawdown_pct": 91.04931868676564,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 850423,
      "corridor_rank": 68,
      "exporter_iso3": "DEU",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 30701634.383697182,
      "exports_all_year_avg_usd": 10487662.77588303,
      "exports_avg_3y_usd": 30543372.248473585,
      "exports_avg_5y_usd": 26316386.472665,
      "exports_avg_10y_usd": 19229032.77845801,
      "exports_cagr_3y_pct": 18.457706407710404,
      "exports_cagr_5y_pct": 12.745436296329625,
      "exports_cagr_10y_pct": 18.849636979066766,
      "exports_historical_peak_usd": 38064552.82712607,
      "buyer_imports_latest_observed_usd": 174691688.65174323,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 60.714285714285715,
      "trend_acceleration_pct": -0.39193057135636167,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 53.4437,
      "buyer_yoy_all_avg_pct": 99.4211,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 17.574753911104757,
      "market_share_change_1y_pp": -2.5082049509516544,
      "peer_best_share_pct": 29.162859962348826,
      "peer_top_exporter": "HRV",
      "supplier_count_latest": 32,
      "buyer_market_hhi": 1865.92,
      "distance_km": 173.52386474609375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9396086627597627,
      "max_drawdown_pct": 92.01501820101501,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 850423,
      "corridor_rank": 77,
      "exporter_iso3": "DEU",
      "importer_iso3": "NZL",
      "latest_data_year": 2011,
      "lane_data_years": 1,
      "exports_latest_observed_usd": 26534554.043442186,
      "exports_all_year_avg_usd": 26534554.043442186,
      "exports_avg_3y_usd": 26534554.043442186,
      "exports_avg_5y_usd": 26534554.043442186,
      "exports_avg_10y_usd": 26534554.043442186,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 26534554.043442186,
      "buyer_imports_latest_observed_usd": 45965335.92719404,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": null,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": 230.9353,
      "buyer_yoy_all_avg_pct": 51.8855,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 42.88656589952829,
      "market_share_change_1y_pp": 42.88656589952829,
      "peer_best_share_pct": 65.67533644960146,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 7,
      "buyer_market_hhi": 4627.95,
      "distance_km": 18824.75390625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.062361757011728386,
      "tariff_advantage_pp": null,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 850423,
      "corridor_rank": 81,
      "exporter_iso3": "DEU",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 25387329.915238388,
      "exports_all_year_avg_usd": 12523385.476301847,
      "exports_avg_3y_usd": 29600058.048361603,
      "exports_avg_5y_usd": 22208131.435424007,
      "exports_avg_10y_usd": 23139257.235491533,
      "exports_cagr_3y_pct": 4.521727967018729,
      "exports_cagr_5y_pct": 0.8294848830911583,
      "exports_cagr_10y_pct": 2.2434921683110343,
      "exports_historical_peak_usd": 47666290.23618671,
      "buyer_imports_latest_observed_usd": 259713944.4881538,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 2.278235798707695,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 5.3062,
      "buyer_yoy_all_avg_pct": 34.1316,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 9.775112370370383,
      "market_share_change_1y_pp": -3.4270823385888445,
      "peer_best_share_pct": 25.096710566108754,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 1244.71,
      "distance_km": 495.36328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.025672934254349,
      "max_drawdown_pct": 99.984217012164,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 850423,
      "corridor_rank": 96,
      "exporter_iso3": "DEU",
      "importer_iso3": "TWN",
      "latest_data_year": 2024,
      "lane_data_years": 18,
      "exports_latest_observed_usd": 20050607.168427207,
      "exports_all_year_avg_usd": 3961865.1829059445,
      "exports_avg_3y_usd": 20050607.168427207,
      "exports_avg_5y_usd": 10543391.956929091,
      "exports_avg_10y_usd": 7270238.64217333,
      "exports_cagr_3y_pct": 168.47131849523018,
      "exports_cagr_5y_pct": 44.14195127024681,
      "exports_cagr_10y_pct": 11.643265827803017,
      "exports_historical_peak_usd": 20050607.168427207,
      "buyer_imports_latest_observed_usd": 61572798.50277498,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 41.1764705882353,
      "trend_acceleration_pct": 156.82805266742716,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 85.1069,
      "buyer_yoy_all_avg_pct": 166.938,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 32.56406669176091,
      "market_share_change_1y_pp": 27.440633726729573,
      "peer_best_share_pct": 39.34549978651206,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 9,
      "buyer_market_hhi": 2852.14,
      "distance_km": 9396.1259765625,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.1239914447149841,
      "max_drawdown_pct": 88.54601484684916,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "DEU",
    "hs_code": 850423,
    "num_markets": 98,
    "highest_price_importer_iso3": "MUS",
    "highest_price_usd_per_ton": 2185545.4545454546,
    "lowest_price_importer_iso3": "ITA",
    "lowest_price_usd_per_ton": 34.31449094316053,
    "median_price_across_markets": 10660.334273636096,
    "price_spread_pct": 20501.337800067533,
    "avg_quantity_metric_tons": 661.3197509433962,
    "total_trade_value_usd": 1880854223
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 522644241.8222822,
      "active_destinations": 66,
      "yoy_growth_pct": 2.929797283045292
    },
    {
      "year": 2011,
      "export_value_usd": 407317469.07662404,
      "active_destinations": 68,
      "yoy_growth_pct": -22.066018051505367
    },
    {
      "year": 2012,
      "export_value_usd": 517870136.16563916,
      "active_destinations": 65,
      "yoy_growth_pct": 27.141646377120672
    },
    {
      "year": 2013,
      "export_value_usd": 512618394.6358162,
      "active_destinations": 61,
      "yoy_growth_pct": -1.0141039544599637
    },
    {
      "year": 2014,
      "export_value_usd": 382423098.9405255,
      "active_destinations": 65,
      "yoy_growth_pct": -25.39809282259301
    },
    {
      "year": 2015,
      "export_value_usd": 359093891.8913456,
      "active_destinations": 69,
      "yoy_growth_pct": -6.100365567302727
    },
    {
      "year": 2016,
      "export_value_usd": 380552897.65239084,
      "active_destinations": 64,
      "yoy_growth_pct": 5.975876016164115
    },
    {
      "year": 2017,
      "export_value_usd": 442414484.1039437,
      "active_destinations": 68,
      "yoy_growth_pct": 16.25571289383775
    },
    {
      "year": 2018,
      "export_value_usd": 403363326.3934219,
      "active_destinations": 67,
      "yoy_growth_pct": -8.826826226002783
    },
    {
      "year": 2019,
      "export_value_usd": 297367304.7555141,
      "active_destinations": 56,
      "yoy_growth_pct": -26.278051251125444
    },
    {
      "year": 2020,
      "export_value_usd": 329234520.4585502,
      "active_destinations": 62,
      "yoy_growth_pct": 10.716449049177191
    },
    {
      "year": 2021,
      "export_value_usd": 258164858.2550483,
      "active_destinations": 49,
      "yoy_growth_pct": -21.586333688374392
    },
    {
      "year": 2022,
      "export_value_usd": 300832237.66633946,
      "active_destinations": 55,
      "yoy_growth_pct": 16.52718332761574
    },
    {
      "year": 2023,
      "export_value_usd": 362155718.33992743,
      "active_destinations": 51,
      "yoy_growth_pct": 20.384610754916295
    },
    {
      "year": 2024,
      "export_value_usd": 322348694.8624544,
      "active_destinations": 51,
      "yoy_growth_pct": -10.991687128383063
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "DEU",
    "exports_usd": 1556773836581.939,
    "imports_usd": 1317565125540.067,
    "trade_balance_usd": 239208711041.87207,
    "yoy_exports_growth_pct": -4.920181070331687,
    "yoy_imports_growth_pct": -5.864236583999549,
    "exports_cagr_3y_pct": -0.27823928798644815,
    "imports_cagr_3y_pct": -0.9610037823739925,
    "export_partner_hhi": 438.209471440054,
    "export_product_hhi": 54.022047395285114,
    "momentum_score": -3.527598535628115,
    "risk_score": 2.4611575941766954,
    "gdp_million_usd": 4685592.5778046865,
    "gdp_per_capita_usd": 56103.73231825545,
    "population": 83516593,
    "labor_force": 43123.3,
    "investment_rate_pct": 22.08,
    "savings_rate_pct": 27.68,
    "secondary_education_pct": 95.9,
    "tertiary_education_pct": 20.06,
    "total_factor_productivity": 2376,
    "trade_openness_pct": 64.10501996682734,
    "exports_gdp_pct": 34.71998925424008,
    "num_active_partners": 1080,
    "num_fta_partners": 214,
    "num_wto_partners": 676,
    "num_eu_partners": 112,
    "num_shared_border_partners": 18,
    "num_shared_language_partners": 8,
    "avg_partner_distance_km": 6605.880658436214,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212737,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 19.814814814814817,
    "pct_partners_shared_language": 0.7407407407407408,
    "pct_partners_shared_border": 1.6666666666666667,
    "avg_applied_tariff_pct": 0.12742739700531733,
    "avg_mfn_tariff_pct": 0.12991419306435142,
    "avg_preferential_tariff_pct": 0.024712068784908343,
    "tariff_advantage_pp": 0.10520212427944309,
    "avg_distance_all_partners_km": 6614.911529962142,
    "num_border_partners": 360,
    "num_colonial_partners": 384,
    "avg_substitution_elasticity": -10.91665015154679,
    "pct_products_high_elasticity": 76.04527604527604,
    "pct_products_low_elasticity": 2.6565026565026564,
    "real_market_potential": 2800764.90471021,
    "foreign_market_potential": 32561.235292050776
  }
}
```