{
  "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/121229",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/121229",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/121229",
    "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": "121229",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 96,
    "current_lane_count": 48,
    "active_market_count": 48,
    "exports_latest_observed_lanes_usd": 2377287.2132581165,
    "exports_current_2024_usd": 2209925.3489945615,
    "exports_avg_3y_usd": 2025660.0039711066,
    "exports_avg_5y_usd": 2077010.7587463602,
    "exports_avg_10y_usd": 2441513.049905359,
    "exports_cagr_3y_pct": 3.130510265020847,
    "exports_cagr_5y_pct": -8.370939680522893,
    "exports_cagr_10y_pct": -0.9385876256770342,
    "exports_all_year_lane_avg_usd": 2239903.2898632195,
    "exports_historical_lane_peak_usd": 8284425.41554773,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 4.069097890697881,
    "trend_label": "Growing",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 401669.6162380968,
    "top_market_share_pct": 16.896133289994903,
    "destination_hhi": 742.6721283731058,
    "weighted_share_latest_pct": 19.330669275280837,
    "weighted_share_change_1y_pp": 0.6211593806011245,
    "weighted_volatility_cv": 1.0241166998585225,
    "weighted_max_drawdown_pct": 78.44236875134891,
    "limited_history_lane_share_pct": 45.833333333333336,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 121229,
      "hs_description": "Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground",
      "hs_chapter": 12,
      "hs_heading": 1212,
      "substitution_elasticity": null,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground",
    "hs_chapter": 12,
    "hs_heading": 1212,
    "destinations": [
      {
        "hs_code": 121229,
        "corridor_rank": 62,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 279072.9426206767,
        "exports_all_year_avg_usd": 355568.9839848702,
        "exports_avg_3y_usd": 410486.8817063421,
        "exports_avg_5y_usd": 474613.028887943,
        "exports_avg_10y_usd": 696631.7948961976,
        "exports_cagr_3y_pct": -20.067518990224332,
        "exports_cagr_5y_pct": -14.745260107938352,
        "exports_cagr_10y_pct": -9.25738439860082,
        "exports_historical_peak_usd": 1313523.964953195,
        "buyer_imports_latest_observed_usd": 23940300.313086867,
        "historical_peak_year": 2016,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -10.810134591623513,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -42.5737,
        "buyer_yoy_all_avg_pct": 48.9224,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.1657036000844259,
        "market_share_change_1y_pp": 0.3444486043854633,
        "peer_best_share_pct": 29.217984786630275,
        "peer_top_exporter": "CHL",
        "supplier_count_latest": 60,
        "buyer_market_hhi": 1492.89,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9676808751528242,
        "max_drawdown_pct": 78.753875066861,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 121229,
      "num_markets": 64,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 2553000,
      "lowest_price_importer_iso3": "URY",
      "lowest_price_usd_per_ton": 355.15549516908214,
      "median_price_across_markets": 5854,
      "price_spread_pct": 43605.139127175105,
      "avg_quantity_metric_tons": 57.420198757763984,
      "total_trade_value_usd": 12634834
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 437414.34132859757,
        "active_destinations": 34,
        "yoy_growth_pct": -38.531712890946785
      },
      {
        "year": 2011,
        "export_value_usd": 750743.2492463272,
        "active_destinations": 36,
        "yoy_growth_pct": 71.63206102617208
      },
      {
        "year": 2012,
        "export_value_usd": 1111660.1042413118,
        "active_destinations": 24,
        "yoy_growth_pct": 48.07460544697669
      },
      {
        "year": 2013,
        "export_value_usd": 1743397.852040978,
        "active_destinations": 30,
        "yoy_growth_pct": 56.82831878101948
      },
      {
        "year": 2014,
        "export_value_usd": 2428468.3448401378,
        "active_destinations": 28,
        "yoy_growth_pct": 39.29513231860157
      },
      {
        "year": 2015,
        "export_value_usd": 2415631.7658725153,
        "active_destinations": 38,
        "yoy_growth_pct": -0.5285874528649659
      },
      {
        "year": 2016,
        "export_value_usd": 2669377.9544959166,
        "active_destinations": 39,
        "yoy_growth_pct": 10.504340612185539
      },
      {
        "year": 2017,
        "export_value_usd": 2734541.0947533054,
        "active_destinations": 36,
        "yoy_growth_pct": 2.441135776506935
      },
      {
        "year": 2018,
        "export_value_usd": 2789066.1064711465,
        "active_destinations": 27,
        "yoy_growth_pct": 1.9939364532665749
      },
      {
        "year": 2019,
        "export_value_usd": 3421459.7837289004,
        "active_destinations": 33,
        "yoy_growth_pct": 22.674029697269788
      },
      {
        "year": 2020,
        "export_value_usd": 2293347.258224497,
        "active_destinations": 32,
        "yoy_growth_pct": -32.97167281840508
      },
      {
        "year": 2021,
        "export_value_usd": 2014726.5235939857,
        "active_destinations": 34,
        "yoy_growth_pct": -12.149086172244964
      },
      {
        "year": 2022,
        "export_value_usd": 2279430.519821033,
        "active_destinations": 33,
        "yoy_growth_pct": 13.138457906180381
      },
      {
        "year": 2023,
        "export_value_usd": 1587624.1430977248,
        "active_destinations": 41,
        "yoy_growth_pct": -30.349965515844048
      },
      {
        "year": 2024,
        "export_value_usd": 2209925.3489945615,
        "active_destinations": 48,
        "yoy_growth_pct": 39.19701074100708
      }
    ],
    "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": "121229",
    "hs_description": "Seaweeds and other algae: not fit for human consumption, fresh, chilled, frozen or dried, whether or not ground",
    "hs_chapter": 12,
    "hs_heading": 1212
  },
  "destinations": [
    {
      "hs_code": 121229,
      "corridor_rank": 62,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 279072.9426206767,
      "exports_all_year_avg_usd": 355568.9839848702,
      "exports_avg_3y_usd": 410486.8817063421,
      "exports_avg_5y_usd": 474613.028887943,
      "exports_avg_10y_usd": 696631.7948961976,
      "exports_cagr_3y_pct": -20.067518990224332,
      "exports_cagr_5y_pct": -14.745260107938352,
      "exports_cagr_10y_pct": -9.25738439860082,
      "exports_historical_peak_usd": 1313523.964953195,
      "buyer_imports_latest_observed_usd": 23940300.313086867,
      "historical_peak_year": 2016,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -10.810134591623513,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -42.5737,
      "buyer_yoy_all_avg_pct": 48.9224,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.1657036000844259,
      "market_share_change_1y_pp": 0.3444486043854633,
      "peer_best_share_pct": 29.217984786630275,
      "peer_top_exporter": "CHL",
      "supplier_count_latest": 60,
      "buyer_market_hhi": 1492.89,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9676808751528242,
      "max_drawdown_pct": 78.753875066861,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 121229,
    "num_markets": 64,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 2553000,
    "lowest_price_importer_iso3": "URY",
    "lowest_price_usd_per_ton": 355.15549516908214,
    "median_price_across_markets": 5854,
    "price_spread_pct": 43605.139127175105,
    "avg_quantity_metric_tons": 57.420198757763984,
    "total_trade_value_usd": 12634834
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 437414.34132859757,
      "active_destinations": 34,
      "yoy_growth_pct": -38.531712890946785
    },
    {
      "year": 2011,
      "export_value_usd": 750743.2492463272,
      "active_destinations": 36,
      "yoy_growth_pct": 71.63206102617208
    },
    {
      "year": 2012,
      "export_value_usd": 1111660.1042413118,
      "active_destinations": 24,
      "yoy_growth_pct": 48.07460544697669
    },
    {
      "year": 2013,
      "export_value_usd": 1743397.852040978,
      "active_destinations": 30,
      "yoy_growth_pct": 56.82831878101948
    },
    {
      "year": 2014,
      "export_value_usd": 2428468.3448401378,
      "active_destinations": 28,
      "yoy_growth_pct": 39.29513231860157
    },
    {
      "year": 2015,
      "export_value_usd": 2415631.7658725153,
      "active_destinations": 38,
      "yoy_growth_pct": -0.5285874528649659
    },
    {
      "year": 2016,
      "export_value_usd": 2669377.9544959166,
      "active_destinations": 39,
      "yoy_growth_pct": 10.504340612185539
    },
    {
      "year": 2017,
      "export_value_usd": 2734541.0947533054,
      "active_destinations": 36,
      "yoy_growth_pct": 2.441135776506935
    },
    {
      "year": 2018,
      "export_value_usd": 2789066.1064711465,
      "active_destinations": 27,
      "yoy_growth_pct": 1.9939364532665749
    },
    {
      "year": 2019,
      "export_value_usd": 3421459.7837289004,
      "active_destinations": 33,
      "yoy_growth_pct": 22.674029697269788
    },
    {
      "year": 2020,
      "export_value_usd": 2293347.258224497,
      "active_destinations": 32,
      "yoy_growth_pct": -32.97167281840508
    },
    {
      "year": 2021,
      "export_value_usd": 2014726.5235939857,
      "active_destinations": 34,
      "yoy_growth_pct": -12.149086172244964
    },
    {
      "year": 2022,
      "export_value_usd": 2279430.519821033,
      "active_destinations": 33,
      "yoy_growth_pct": 13.138457906180381
    },
    {
      "year": 2023,
      "export_value_usd": 1587624.1430977248,
      "active_destinations": 41,
      "yoy_growth_pct": -30.349965515844048
    },
    {
      "year": 2024,
      "export_value_usd": 2209925.3489945615,
      "active_destinations": 48,
      "yoy_growth_pct": 39.19701074100708
    }
  ],
  "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
  }
}