{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/esp/040620",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040620",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/040620",
    "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": "040620",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 128,
    "current_lane_count": 68,
    "active_market_count": 68,
    "exports_latest_observed_lanes_usd": 45483844.97505573,
    "exports_current_2024_usd": 43634735.89035517,
    "exports_avg_3y_usd": 43164698.08232998,
    "exports_avg_5y_usd": 35420360.48049844,
    "exports_avg_10y_usd": 27171687.359081585,
    "exports_cagr_3y_pct": 21.225033682487894,
    "exports_cagr_5y_pct": 16.084992742657334,
    "exports_cagr_10y_pct": 8.604817539238097,
    "exports_all_year_lane_avg_usd": 18743004.859864768,
    "exports_historical_lane_peak_usd": 77435731.939794,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 12.620216143249797,
    "trend_label": "Rapid growth",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 20525408.877325594,
    "top_market_share_pct": 45.12681126360831,
    "destination_hhi": 2546.820106528051,
    "weighted_share_latest_pct": 24.958480621704144,
    "weighted_share_change_1y_pp": 0.44146881237525804,
    "weighted_volatility_cv": 1.2251387320517517,
    "weighted_max_drawdown_pct": 73.0043679757151,
    "limited_history_lane_share_pct": 39.0625,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 40620,
      "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
      "hs_chapter": 4,
      "hs_heading": 406,
      "substitution_elasticity": -15.583771,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
    "hs_chapter": 4,
    "hs_heading": 406,
    "destinations": [
      {
        "hs_code": 40620,
        "corridor_rank": 36,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 20525408.877325594,
        "exports_all_year_avg_usd": 7214015.450946442,
        "exports_avg_3y_usd": 18344661.831350986,
        "exports_avg_5y_usd": 16549850.603935754,
        "exports_avg_10y_usd": 12883303.500742814,
        "exports_cagr_3y_pct": 14.522127042528975,
        "exports_cagr_5y_pct": 11.960709533210935,
        "exports_cagr_10y_pct": 6.073981114288629,
        "exports_historical_peak_usd": 20525408.877325594,
        "buyer_imports_latest_observed_usd": 41834069.608753964,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 79.3103448275862,
        "trend_acceleration_pct": 8.448145928240347,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.0088,
        "buyer_yoy_all_avg_pct": 13.7944,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 49.063858881734426,
        "market_share_change_1y_pp": 1.7048034349912058,
        "peer_best_share_pct": 49.063858881734426,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 3059.48,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8006526078637816,
        "max_drawdown_pct": 50.54802054976957,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40620,
        "corridor_rank": 88,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8120962.085391533,
        "exports_all_year_avg_usd": 2036905.6990768483,
        "exports_avg_3y_usd": 7148391.571443294,
        "exports_avg_5y_usd": 5277997.442798369,
        "exports_avg_10y_usd": 3628556.8404134014,
        "exports_cagr_3y_pct": 45.015735821368885,
        "exports_cagr_5y_pct": 33.88135265366652,
        "exports_cagr_10y_pct": 7.024687786183859,
        "exports_historical_peak_usd": 8120962.085391533,
        "buyer_imports_latest_observed_usd": 480324963.54577315,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 37.991048035185024,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 8.1883,
        "buyer_yoy_all_avg_pct": 12.3716,
        "buyer_trend_consistency_pct": 82.7586,
        "market_share_latest_pct": 1.6907224695219558,
        "market_share_change_1y_pp": 0.2256577422424053,
        "peer_best_share_pct": 46.780294328575636,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 2895.07,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9921465187171477,
        "max_drawdown_pct": 99.3053460313861,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 40620,
      "num_markets": 96,
      "highest_price_importer_iso3": "AGO",
      "highest_price_usd_per_ton": 124580,
      "lowest_price_importer_iso3": "VNM",
      "lowest_price_usd_per_ton": 125,
      "median_price_across_markets": 7080.126919857506,
      "price_spread_pct": 1757.8074716562392,
      "avg_quantity_metric_tons": 92.84781962025319,
      "total_trade_value_usd": 157239354
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 17196099.27851311,
        "active_destinations": 33,
        "yoy_growth_pct": 3.9680638909264996
      },
      {
        "year": 2011,
        "export_value_usd": 27599257.729808353,
        "active_destinations": 33,
        "yoy_growth_pct": 60.49719929387828
      },
      {
        "year": 2012,
        "export_value_usd": 27516747.923277948,
        "active_destinations": 45,
        "yoy_growth_pct": -0.2989566144791307
      },
      {
        "year": 2013,
        "export_value_usd": 21163780.264650114,
        "active_destinations": 44,
        "yoy_growth_pct": -23.08763984879734
      },
      {
        "year": 2014,
        "export_value_usd": 19113554.033364013,
        "active_destinations": 48,
        "yoy_growth_pct": -9.687429209944105
      },
      {
        "year": 2015,
        "export_value_usd": 12927420.641863564,
        "active_destinations": 55,
        "yoy_growth_pct": -32.36516547734728
      },
      {
        "year": 2016,
        "export_value_usd": 17363102.849472046,
        "active_destinations": 60,
        "yoy_growth_pct": 34.312198314675186
      },
      {
        "year": 2017,
        "export_value_usd": 21331090.06734641,
        "active_destinations": 64,
        "yoy_growth_pct": 22.85298458619115
      },
      {
        "year": 2018,
        "export_value_usd": 22294333.982870307,
        "active_destinations": 66,
        "yoy_growth_pct": 4.515680691810634
      },
      {
        "year": 2019,
        "export_value_usd": 20699123.646771282,
        "active_destinations": 66,
        "yoy_growth_pct": -7.155227589775472
      },
      {
        "year": 2020,
        "export_value_usd": 23113950.79840058,
        "active_destinations": 70,
        "yoy_growth_pct": 11.66632555483078
      },
      {
        "year": 2021,
        "export_value_usd": 24493757.357101668,
        "active_destinations": 73,
        "yoy_growth_pct": 5.969583351352316
      },
      {
        "year": 2022,
        "export_value_usd": 42228651.16129824,
        "active_destinations": 66,
        "yoy_growth_pct": 72.40577076695239
      },
      {
        "year": 2023,
        "export_value_usd": 43630707.19533652,
        "active_destinations": 65,
        "yoy_growth_pct": 3.320153486984308
      },
      {
        "year": 2024,
        "export_value_usd": 43634735.89035517,
        "active_destinations": 68,
        "yoy_growth_pct": 0.009233623009162934
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "ESP",
      "exports_usd": 389951601153.8226,
      "imports_usd": 440055603176.9493,
      "trade_balance_usd": -50104002023.12671,
      "yoy_exports_growth_pct": -3.8987656816749983,
      "yoy_imports_growth_pct": -1.8348334157975543,
      "exports_cagr_3y_pct": 1.5602192255318448,
      "imports_cagr_3y_pct": 2.9666580306946244,
      "export_partner_hhi": 604.5825828475407,
      "export_product_hhi": 52.5584557740159,
      "momentum_score": -2.2610702095129454,
      "risk_score": 3.285705193107783,
      "gdp_million_usd": 1725671.6527421873,
      "gdp_per_capita_usd": 35326.76830692781,
      "population": 48848840,
      "labor_force": 22392.15,
      "investment_rate_pct": 24.25,
      "savings_rate_pct": 21.99,
      "secondary_education_pct": 88.05,
      "tertiary_education_pct": 30.02,
      "total_factor_productivity": 1788.25,
      "trade_openness_pct": 51.047299403937664,
      "exports_gdp_pct": 23.9828956101581,
      "num_active_partners": 270,
      "num_fta_partners": 108,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 6746.572016460906,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "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": 40,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": 0.12805616369601883,
      "avg_mfn_tariff_pct": 0.13052375531925525,
      "avg_preferential_tariff_pct": 0.02478492349129115,
      "tariff_advantage_pp": 0.1057388318279641,
      "avg_distance_all_partners_km": 6704.091347253092,
      "num_border_partners": 75,
      "num_colonial_partners": 605,
      "avg_substitution_elasticity": -10.891699057348575,
      "pct_products_high_elasticity": 75.94907407407408,
      "pct_products_low_elasticity": 2.662037037037037,
      "real_market_potential": 214756.4728280517,
      "foreign_market_potential": 15747.12902462019
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040620",
    "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
    "hs_chapter": 4,
    "hs_heading": 406
  },
  "destinations": [
    {
      "hs_code": 40620,
      "corridor_rank": 36,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 20525408.877325594,
      "exports_all_year_avg_usd": 7214015.450946442,
      "exports_avg_3y_usd": 18344661.831350986,
      "exports_avg_5y_usd": 16549850.603935754,
      "exports_avg_10y_usd": 12883303.500742814,
      "exports_cagr_3y_pct": 14.522127042528975,
      "exports_cagr_5y_pct": 11.960709533210935,
      "exports_cagr_10y_pct": 6.073981114288629,
      "exports_historical_peak_usd": 20525408.877325594,
      "buyer_imports_latest_observed_usd": 41834069.608753964,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 79.3103448275862,
      "trend_acceleration_pct": 8.448145928240347,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -0.0088,
      "buyer_yoy_all_avg_pct": 13.7944,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 49.063858881734426,
      "market_share_change_1y_pp": 1.7048034349912058,
      "peer_best_share_pct": 49.063858881734426,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 12,
      "buyer_market_hhi": 3059.48,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8006526078637816,
      "max_drawdown_pct": 50.54802054976957,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 40620,
      "corridor_rank": 88,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8120962.085391533,
      "exports_all_year_avg_usd": 2036905.6990768483,
      "exports_avg_3y_usd": 7148391.571443294,
      "exports_avg_5y_usd": 5277997.442798369,
      "exports_avg_10y_usd": 3628556.8404134014,
      "exports_cagr_3y_pct": 45.015735821368885,
      "exports_cagr_5y_pct": 33.88135265366652,
      "exports_cagr_10y_pct": 7.024687786183859,
      "exports_historical_peak_usd": 8120962.085391533,
      "buyer_imports_latest_observed_usd": 480324963.54577315,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 37.991048035185024,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 8.1883,
      "buyer_yoy_all_avg_pct": 12.3716,
      "buyer_trend_consistency_pct": 82.7586,
      "market_share_latest_pct": 1.6907224695219558,
      "market_share_change_1y_pp": 0.2256577422424053,
      "peer_best_share_pct": 46.780294328575636,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 29,
      "buyer_market_hhi": 2895.07,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9921465187171477,
      "max_drawdown_pct": 99.3053460313861,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 40620,
    "num_markets": 96,
    "highest_price_importer_iso3": "AGO",
    "highest_price_usd_per_ton": 124580,
    "lowest_price_importer_iso3": "VNM",
    "lowest_price_usd_per_ton": 125,
    "median_price_across_markets": 7080.126919857506,
    "price_spread_pct": 1757.8074716562392,
    "avg_quantity_metric_tons": 92.84781962025319,
    "total_trade_value_usd": 157239354
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 17196099.27851311,
      "active_destinations": 33,
      "yoy_growth_pct": 3.9680638909264996
    },
    {
      "year": 2011,
      "export_value_usd": 27599257.729808353,
      "active_destinations": 33,
      "yoy_growth_pct": 60.49719929387828
    },
    {
      "year": 2012,
      "export_value_usd": 27516747.923277948,
      "active_destinations": 45,
      "yoy_growth_pct": -0.2989566144791307
    },
    {
      "year": 2013,
      "export_value_usd": 21163780.264650114,
      "active_destinations": 44,
      "yoy_growth_pct": -23.08763984879734
    },
    {
      "year": 2014,
      "export_value_usd": 19113554.033364013,
      "active_destinations": 48,
      "yoy_growth_pct": -9.687429209944105
    },
    {
      "year": 2015,
      "export_value_usd": 12927420.641863564,
      "active_destinations": 55,
      "yoy_growth_pct": -32.36516547734728
    },
    {
      "year": 2016,
      "export_value_usd": 17363102.849472046,
      "active_destinations": 60,
      "yoy_growth_pct": 34.312198314675186
    },
    {
      "year": 2017,
      "export_value_usd": 21331090.06734641,
      "active_destinations": 64,
      "yoy_growth_pct": 22.85298458619115
    },
    {
      "year": 2018,
      "export_value_usd": 22294333.982870307,
      "active_destinations": 66,
      "yoy_growth_pct": 4.515680691810634
    },
    {
      "year": 2019,
      "export_value_usd": 20699123.646771282,
      "active_destinations": 66,
      "yoy_growth_pct": -7.155227589775472
    },
    {
      "year": 2020,
      "export_value_usd": 23113950.79840058,
      "active_destinations": 70,
      "yoy_growth_pct": 11.66632555483078
    },
    {
      "year": 2021,
      "export_value_usd": 24493757.357101668,
      "active_destinations": 73,
      "yoy_growth_pct": 5.969583351352316
    },
    {
      "year": 2022,
      "export_value_usd": 42228651.16129824,
      "active_destinations": 66,
      "yoy_growth_pct": 72.40577076695239
    },
    {
      "year": 2023,
      "export_value_usd": 43630707.19533652,
      "active_destinations": 65,
      "yoy_growth_pct": 3.320153486984308
    },
    {
      "year": 2024,
      "export_value_usd": 43634735.89035517,
      "active_destinations": 68,
      "yoy_growth_pct": 0.009233623009162934
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "ESP",
    "exports_usd": 389951601153.8226,
    "imports_usd": 440055603176.9493,
    "trade_balance_usd": -50104002023.12671,
    "yoy_exports_growth_pct": -3.8987656816749983,
    "yoy_imports_growth_pct": -1.8348334157975543,
    "exports_cagr_3y_pct": 1.5602192255318448,
    "imports_cagr_3y_pct": 2.9666580306946244,
    "export_partner_hhi": 604.5825828475407,
    "export_product_hhi": 52.5584557740159,
    "momentum_score": -2.2610702095129454,
    "risk_score": 3.285705193107783,
    "gdp_million_usd": 1725671.6527421873,
    "gdp_per_capita_usd": 35326.76830692781,
    "population": 48848840,
    "labor_force": 22392.15,
    "investment_rate_pct": 24.25,
    "savings_rate_pct": 21.99,
    "secondary_education_pct": 88.05,
    "tertiary_education_pct": 30.02,
    "total_factor_productivity": 1788.25,
    "trade_openness_pct": 51.047299403937664,
    "exports_gdp_pct": 23.9828956101581,
    "num_active_partners": 270,
    "num_fta_partners": 108,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 5,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 6746.572016460906,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "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": 40,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.8518518518518516,
    "avg_applied_tariff_pct": 0.12805616369601883,
    "avg_mfn_tariff_pct": 0.13052375531925525,
    "avg_preferential_tariff_pct": 0.02478492349129115,
    "tariff_advantage_pp": 0.1057388318279641,
    "avg_distance_all_partners_km": 6704.091347253092,
    "num_border_partners": 75,
    "num_colonial_partners": 605,
    "avg_substitution_elasticity": -10.891699057348575,
    "pct_products_high_elasticity": 75.94907407407408,
    "pct_products_low_elasticity": 2.662037037037037,
    "real_market_potential": 214756.4728280517,
    "foreign_market_potential": 15747.12902462019
  }
}