{
  "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/190540",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/190540",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/190540",
    "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": "190540",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 162,
    "current_lane_count": 108,
    "active_market_count": 108,
    "exports_latest_observed_lanes_usd": 66603694.95812955,
    "exports_current_2024_usd": 66341903.47189111,
    "exports_avg_3y_usd": 59654163.3105928,
    "exports_avg_5y_usd": 54026620.56260574,
    "exports_avg_10y_usd": 48978338.25253081,
    "exports_cagr_3y_pct": 11.728410924672072,
    "exports_cagr_5y_pct": 8.427953789560693,
    "exports_cagr_10y_pct": 4.674819751284054,
    "exports_all_year_lane_avg_usd": 29177948.2683404,
    "exports_historical_lane_peak_usd": 85552760.44808576,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 7.0535911733880186,
    "trend_label": "Rapid growth",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 19775904.54107294,
    "top_market_share_pct": 29.691903059590118,
    "destination_hhi": 1433.19759839254,
    "weighted_share_latest_pct": 23.727609712222304,
    "weighted_share_change_1y_pp": 1.459665594341673,
    "weighted_volatility_cv": 0.8735084461795828,
    "weighted_max_drawdown_pct": 69.68523872748597,
    "limited_history_lane_share_pct": 23.45679012345679,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 190540,
      "hs_description": "Food preparations: rusks, toasted bread and similar toasted products, whether or not containing cocoa",
      "hs_chapter": 19,
      "hs_heading": 1905,
      "substitution_elasticity": -12.53261,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Food preparations: rusks, toasted bread and similar toasted products, whether or not containing cocoa",
    "hs_chapter": 19,
    "hs_heading": 1905,
    "destinations": [
      {
        "hs_code": 190540,
        "corridor_rank": 6,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 19775904.54107294,
        "exports_all_year_avg_usd": 9754462.041448005,
        "exports_avg_3y_usd": 19649955.164744128,
        "exports_avg_5y_usd": 19176221.46776841,
        "exports_avg_10y_usd": 20258569.117636066,
        "exports_cagr_3y_pct": 1.7856790482865925,
        "exports_cagr_5y_pct": 0.1786702121516992,
        "exports_cagr_10y_pct": 1.8325961660920376,
        "exports_historical_peak_usd": 24458454.444289725,
        "buyer_imports_latest_observed_usd": 77810730.10633588,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -0.04691711780544505,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -3.1401,
        "buyer_yoy_all_avg_pct": 5.0065,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 25.415395169852868,
        "market_share_change_1y_pp": 0.9228598860772372,
        "peer_best_share_pct": 25.415395169852868,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1986.89,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8658901163586084,
        "max_drawdown_pct": 73.6696425560827,
        "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": 190540,
        "corridor_rank": 20,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 10468286.90516031,
        "exports_all_year_avg_usd": 6047481.226229472,
        "exports_avg_3y_usd": 9493077.8472893,
        "exports_avg_5y_usd": 8309581.197234817,
        "exports_avg_10y_usd": 7339232.463598961,
        "exports_cagr_3y_pct": 16.317942439023515,
        "exports_cagr_5y_pct": 13.581726659282944,
        "exports_cagr_10y_pct": -1.4429388782735253,
        "exports_historical_peak_usd": 12105930.303173685,
        "buyer_imports_latest_observed_usd": 18826771.917688567,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 17.76088131729704,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -5.8933,
        "buyer_yoy_all_avg_pct": 6.4743,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 55.60319608124057,
        "market_share_change_1y_pp": 3.6282894966420685,
        "peer_best_share_pct": 55.60319608124057,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 3817.6,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3942845532048853,
        "max_drawdown_pct": 61.789506476695244,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 190540,
        "corridor_rank": 23,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 9541541.170292722,
        "exports_all_year_avg_usd": 3585251.0171063035,
        "exports_avg_3y_usd": 8554164.722111948,
        "exports_avg_5y_usd": 7546327.974368709,
        "exports_avg_10y_usd": 5967540.117019979,
        "exports_cagr_3y_pct": 12.073499493071505,
        "exports_cagr_5y_pct": 14.07415126269389,
        "exports_cagr_10y_pct": 9.00454320241173,
        "exports_historical_peak_usd": 9541541.170292722,
        "buyer_imports_latest_observed_usd": 35266826.8534563,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 75.86206896551724,
        "trend_acceleration_pct": 3.0689562906597754,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.7312,
        "buyer_yoy_all_avg_pct": 5.5691,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 27.05528685623047,
        "market_share_change_1y_pp": 1.9953616315308302,
        "peer_best_share_pct": 27.05528685623047,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 1817.5,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.63615069112533,
        "max_drawdown_pct": 44.35595198552959,
        "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": 190540,
        "corridor_rank": 52,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3841923.5248477394,
        "exports_all_year_avg_usd": 576396.2598302267,
        "exports_avg_3y_usd": 2084888.8274024234,
        "exports_avg_5y_usd": 1445380.4778360925,
        "exports_avg_10y_usd": 1227328.5686631198,
        "exports_cagr_3y_pct": 102.58162040826141,
        "exports_cagr_5y_pct": 23.17188621052455,
        "exports_cagr_10y_pct": 37.21528129049616,
        "exports_historical_peak_usd": 3841923.5248477394,
        "buyer_imports_latest_observed_usd": 91372030.4091982,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 65.36633911776525,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 1.9675,
        "buyer_yoy_all_avg_pct": 9.7331,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.204704117487777,
        "market_share_change_1y_pp": 2.421793638565518,
        "peer_best_share_pct": 17.682556910071828,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 67,
        "buyer_market_hhi": 952.3,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.4642406942558763,
        "max_drawdown_pct": 88.05753499808927,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 190540,
        "corridor_rank": 63,
        "exporter_iso3": "ESP",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3286701.6060211128,
        "exports_all_year_avg_usd": 1206965.839193524,
        "exports_avg_3y_usd": 2889518.6660946347,
        "exports_avg_5y_usd": 2742626.908971374,
        "exports_avg_10y_usd": 2284916.973217115,
        "exports_cagr_3y_pct": 12.35859857010675,
        "exports_cagr_5y_pct": 6.242068425513958,
        "exports_cagr_10y_pct": 9.078817624594748,
        "exports_historical_peak_usd": 3286701.6060211128,
        "buyer_imports_latest_observed_usd": 41259242.75648739,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 3.2797809455120017,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 3.5524,
        "buyer_yoy_all_avg_pct": 3.4095,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 7.965976558075165,
        "market_share_change_1y_pp": 0.18920090211891516,
        "peer_best_share_pct": 36.48282549152099,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 65,
        "buyer_market_hhi": 2337.33,
        "distance_km": 1481.3658447265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7589540444414833,
        "max_drawdown_pct": 28.264972527270828,
        "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": 190540,
        "corridor_rank": 75,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 2552717.8303055456,
        "exports_all_year_avg_usd": 946460.1309100578,
        "exports_avg_3y_usd": 1758765.380622114,
        "exports_avg_5y_usd": 1454987.8959714686,
        "exports_avg_10y_usd": 1743791.5007837191,
        "exports_cagr_3y_pct": 68.26259791413167,
        "exports_cagr_5y_pct": 0.9208856349450345,
        "exports_cagr_10y_pct": 2.071373972165924,
        "exports_historical_peak_usd": 2784368.724801328,
        "buyer_imports_latest_observed_usd": 41244285.58606413,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 59.25925925925926,
        "trend_acceleration_pct": 66.19122394196575,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 0.8741,
        "buyer_yoy_all_avg_pct": 6.2184,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 6.189264267843382,
        "market_share_change_1y_pp": 1.3724594696464933,
        "peer_best_share_pct": 34.0817359226186,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 65,
        "buyer_market_hhi": 1493.21,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.91804699910732,
        "max_drawdown_pct": 80.75520474627204,
        "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": 190540,
        "corridor_rank": 98,
        "exporter_iso3": "ESP",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 1740989.4445242414,
        "exports_all_year_avg_usd": 216006.26247992532,
        "exports_avg_3y_usd": 1098939.1840468368,
        "exports_avg_5y_usd": 824685.8284963596,
        "exports_avg_10y_usd": 468931.32737350214,
        "exports_cagr_3y_pct": 56.95280069788971,
        "exports_cagr_5y_pct": 56.7872864691263,
        "exports_cagr_10y_pct": 41.71571989931777,
        "exports_historical_peak_usd": 1740989.4445242414,
        "buyer_imports_latest_observed_usd": 21033072.136568457,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 78.26086956521739,
        "trend_acceleration_pct": 15.237080798571938,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -11.4789,
        "buyer_yoy_all_avg_pct": 29.5461,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 8.277390165449619,
        "market_share_change_1y_pp": 4.970976948491119,
        "peer_best_share_pct": 29.540606029004028,
        "peer_top_exporter": "BGR",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 1417.96,
        "distance_km": 2293.0048828125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.04607734616949498,
        "volatility_cv": 1.7851350477680334,
        "max_drawdown_pct": 95.78332596391756,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 190540,
      "num_markets": 140,
      "highest_price_importer_iso3": "URY",
      "highest_price_usd_per_ton": 55727.27272727273,
      "lowest_price_importer_iso3": "MRT",
      "lowest_price_usd_per_ton": 68.26609912611654,
      "median_price_across_markets": 3500,
      "price_spread_pct": 1590.2573322327603,
      "avg_quantity_metric_tons": 185.17204841713217,
      "total_trade_value_usd": 247384067
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 21357471.22214166,
        "active_destinations": 72,
        "yoy_growth_pct": -10.004529917947904
      },
      {
        "year": 2011,
        "export_value_usd": 24355037.055538975,
        "active_destinations": 85,
        "yoy_growth_pct": 14.035209516235636
      },
      {
        "year": 2012,
        "export_value_usd": 31542825.871457696,
        "active_destinations": 84,
        "yoy_growth_pct": 29.512534920508482
      },
      {
        "year": 2013,
        "export_value_usd": 35664666.33242902,
        "active_destinations": 86,
        "yoy_growth_pct": 13.067441952628203
      },
      {
        "year": 2014,
        "export_value_usd": 42011260.37293172,
        "active_destinations": 92,
        "yoy_growth_pct": 17.795186926316177
      },
      {
        "year": 2015,
        "export_value_usd": 40802105.30627654,
        "active_destinations": 95,
        "yoy_growth_pct": -2.878168985937523
      },
      {
        "year": 2016,
        "export_value_usd": 40863097.65432251,
        "active_destinations": 98,
        "yoy_growth_pct": 0.1494833356958975
      },
      {
        "year": 2017,
        "export_value_usd": 40721312.02365134,
        "active_destinations": 105,
        "yoy_growth_pct": -0.346977196566436
      },
      {
        "year": 2018,
        "export_value_usd": 52996609.04024331,
        "active_destinations": 113,
        "yoy_growth_pct": 30.144650077734138
      },
      {
        "year": 2019,
        "export_value_usd": 44267155.68778583,
        "active_destinations": 112,
        "yoy_growth_pct": -16.471720569572142
      },
      {
        "year": 2020,
        "export_value_usd": 43604565.72207047,
        "active_destinations": 118,
        "yoy_growth_pct": -1.4967981462115436
      },
      {
        "year": 2021,
        "export_value_usd": 47566047.15917983,
        "active_destinations": 107,
        "yoy_growth_pct": 9.08501523065107
      },
      {
        "year": 2022,
        "export_value_usd": 52212397.48664558,
        "active_destinations": 115,
        "yoy_growth_pct": 9.768207797290227
      },
      {
        "year": 2023,
        "export_value_usd": 60408188.973241724,
        "active_destinations": 114,
        "yoy_growth_pct": 15.697021935628202
      },
      {
        "year": 2024,
        "export_value_usd": 66341903.47189109,
        "active_destinations": 108,
        "yoy_growth_pct": 9.822698874945168
      }
    ],
    "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,
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    "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
  }
}