{
  "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/291512",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/291512",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/291512",
    "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": "291512",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 123,
    "current_lane_count": 49,
    "active_market_count": 49,
    "exports_latest_observed_lanes_usd": 6455050.135175082,
    "exports_current_2024_usd": 5250498.322113917,
    "exports_avg_3y_usd": 6023407.526657819,
    "exports_avg_5y_usd": 6548527.726578235,
    "exports_avg_10y_usd": 6692656.751303332,
    "exports_cagr_3y_pct": -14.501841339324129,
    "exports_cagr_5y_pct": -10.203853969685905,
    "exports_cagr_10y_pct": -1.4308824534125186,
    "exports_all_year_lane_avg_usd": 6475897.855110164,
    "exports_historical_lane_peak_usd": 20446435.50261781,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -13.07095888591161,
    "trend_label": "Rapid decline",
    "top_market_iso3": "BRA",
    "top_market_exports_usd": 928732.6228289594,
    "top_market_share_pct": 14.387690310383144,
    "destination_hhi": 710.019766878497,
    "weighted_share_latest_pct": 16.311689090597298,
    "weighted_share_change_1y_pp": 8.568282475823088,
    "weighted_volatility_cv": 0.8783568091186225,
    "weighted_max_drawdown_pct": 78.02833684515595,
    "limited_history_lane_share_pct": 32.520325203252035,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 291512,
      "hs_description": "Acids: saturated acyclic monocarboxylic acids: salts of formic acids",
      "hs_chapter": 29,
      "hs_heading": 2915,
      "substitution_elasticity": -12.032971,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Acids: saturated acyclic monocarboxylic acids: salts of formic acids",
    "hs_chapter": 29,
    "hs_heading": 2915,
    "destinations": [
      {
        "hs_code": 291512,
        "corridor_rank": 45,
        "exporter_iso3": "ESP",
        "importer_iso3": "BRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 928732.6228289594,
        "exports_all_year_avg_usd": 597400.7528077365,
        "exports_avg_3y_usd": 1055005.792419754,
        "exports_avg_5y_usd": 1256860.3712051208,
        "exports_avg_10y_usd": 1034503.8614605652,
        "exports_cagr_3y_pct": -20.074966633813997,
        "exports_cagr_5y_pct": 1.5440236618915693,
        "exports_cagr_10y_pct": 2.5118927384703227,
        "exports_historical_peak_usd": 1819039.8870712214,
        "buyer_imports_latest_observed_usd": 16150580.535063757,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -22.58685937228432,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 14.2031,
        "buyer_yoy_all_avg_pct": 12.5,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 5.750459686651091,
        "market_share_change_1y_pp": -0.6688367248098137,
        "peer_best_share_pct": 75.1811113871237,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 13,
        "buyer_market_hhi": 5796.36,
        "distance_km": 8389.7802734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.2883659997252525,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8391629427885366,
        "max_drawdown_pct": 79.04424103688417,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291512,
        "corridor_rank": 51,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 691766.1156668607,
        "exports_all_year_avg_usd": 258133.81540271235,
        "exports_avg_3y_usd": 845625.0516309859,
        "exports_avg_5y_usd": 747447.2664016181,
        "exports_avg_10y_usd": 535663.976087922,
        "exports_cagr_3y_pct": -4.831396957440315,
        "exports_cagr_5y_pct": -0.6148238862072719,
        "exports_cagr_10y_pct": 0.04663080849403034,
        "exports_historical_peak_usd": 1252105.2081014805,
        "buyer_imports_latest_observed_usd": 16143013.005820168,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -4.878027765934346,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 5.5356,
        "buyer_yoy_all_avg_pct": 7.7944,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 4.285235447790649,
        "market_share_change_1y_pp": 0.4084495829210142,
        "peer_best_share_pct": 33.61511192453762,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2392.94,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1725220267957617,
        "max_drawdown_pct": 95.32552690570704,
        "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": 291512,
        "corridor_rank": 62,
        "exporter_iso3": "ESP",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 532504.189592992,
        "exports_all_year_avg_usd": 1018347.6958368997,
        "exports_avg_3y_usd": 650632.412150671,
        "exports_avg_5y_usd": 1004098.498518683,
        "exports_avg_10y_usd": 1317007.7376977252,
        "exports_cagr_3y_pct": -30.765286721120923,
        "exports_cagr_5y_pct": -28.385238488236077,
        "exports_cagr_10y_pct": -8.132283662077167,
        "exports_historical_peak_usd": 2826898.9144119946,
        "buyer_imports_latest_observed_usd": 21209792.705276042,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -22.633003059043755,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -16.49,
        "buyer_yoy_all_avg_pct": 19.4934,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 2.5106524943099937,
        "market_share_change_1y_pp": -0.0974544945869904,
        "peer_best_share_pct": 57.21899047310153,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 3675.33,
        "distance_km": 7282.04638671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373737,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6677912216193153,
        "max_drawdown_pct": 81.16295609729099,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291512,
        "corridor_rank": 69,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 389400.6942010303,
        "exports_all_year_avg_usd": 92799.78197706515,
        "exports_avg_3y_usd": 204361.63496544314,
        "exports_avg_5y_usd": 178090.2051118031,
        "exports_avg_10y_usd": 178799.4133822165,
        "exports_cagr_3y_pct": 57.44771091972041,
        "exports_cagr_5y_pct": 11.803117901221327,
        "exports_cagr_10y_pct": 26.4043874662367,
        "exports_historical_peak_usd": 389400.6942010303,
        "buyer_imports_latest_observed_usd": 28387185.217290107,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 59.09090909090909,
        "trend_acceleration_pct": 31.04332345348371,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 16.1067,
        "buyer_yoy_all_avg_pct": 22.8778,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 1.371748171649838,
        "market_share_change_1y_pp": 1.0371058948231369,
        "peer_best_share_pct": 35.95634228776769,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2235.14,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.0331115912702677,
        "max_drawdown_pct": 94.25274147175153,
        "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": 291512,
        "corridor_rank": 89,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 263424.3558717633,
        "exports_all_year_avg_usd": 129596.73191831792,
        "exports_avg_3y_usd": 311590.03108020773,
        "exports_avg_5y_usd": 234768.1830280583,
        "exports_avg_10y_usd": 136019.46483709296,
        "exports_cagr_3y_pct": 15.86506554350937,
        "exports_cagr_5y_pct": 47.76860911913374,
        "exports_cagr_10y_pct": 13.190018230403444,
        "exports_historical_peak_usd": 440313.87953634426,
        "buyer_imports_latest_observed_usd": 13264779.931724027,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 2.6750473131059262,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 50.7484,
        "buyer_yoy_all_avg_pct": 11.7598,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 1.9858931488321037,
        "market_share_change_1y_pp": -0.6396820076780647,
        "peer_best_share_pct": 35.6602596894666,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2099.01,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7195867730360261,
        "max_drawdown_pct": 94.30972441044639,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 291512,
      "num_markets": 84,
      "highest_price_importer_iso3": "KOR",
      "highest_price_usd_per_ton": 231066.6666666667,
      "lowest_price_importer_iso3": "PAK",
      "lowest_price_usd_per_ton": 122.34693090722396,
      "median_price_across_markets": 812.8608923884515,
      "price_spread_pct": 28411.29668044054,
      "avg_quantity_metric_tons": 316.71586904761904,
      "total_trade_value_usd": 36999648
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 5880514.615615456,
        "active_destinations": 43,
        "yoy_growth_pct": -17.00596520092362
      },
      {
        "year": 2011,
        "export_value_usd": 6509023.9515678985,
        "active_destinations": 50,
        "yoy_growth_pct": 10.68799887485123
      },
      {
        "year": 2012,
        "export_value_usd": 7378983.534441708,
        "active_destinations": 48,
        "yoy_growth_pct": 13.365438341400674
      },
      {
        "year": 2013,
        "export_value_usd": 7349861.224195178,
        "active_destinations": 48,
        "yoy_growth_pct": -0.3946656082182649
      },
      {
        "year": 2014,
        "export_value_usd": 6064455.8560286425,
        "active_destinations": 48,
        "yoy_growth_pct": -17.48883861827322
      },
      {
        "year": 2015,
        "export_value_usd": 6137351.054701399,
        "active_destinations": 48,
        "yoy_growth_pct": 1.202007243573087
      },
      {
        "year": 2016,
        "export_value_usd": 4969373.6595173655,
        "active_destinations": 49,
        "yoy_growth_pct": -19.030643428638925
      },
      {
        "year": 2017,
        "export_value_usd": 5877941.984138831,
        "active_destinations": 57,
        "yoy_growth_pct": 18.283356955486155
      },
      {
        "year": 2018,
        "export_value_usd": 8206108.058838872,
        "active_destinations": 53,
        "yoy_growth_pct": 39.6085242246762
      },
      {
        "year": 2019,
        "export_value_usd": 8993154.122945676,
        "active_destinations": 53,
        "yoy_growth_pct": 9.590978554798204
      },
      {
        "year": 2020,
        "export_value_usd": 6271430.473697158,
        "active_destinations": 48,
        "yoy_growth_pct": -30.264394583254706
      },
      {
        "year": 2021,
        "export_value_usd": 8400985.579220561,
        "active_destinations": 58,
        "yoy_growth_pct": 33.956449241603096
      },
      {
        "year": 2022,
        "export_value_usd": 8353596.459728271,
        "active_destinations": 59,
        "yoy_growth_pct": -0.5640899992675298
      },
      {
        "year": 2023,
        "export_value_usd": 4466127.798131271,
        "active_destinations": 57,
        "yoy_growth_pct": -46.53646702157615
      },
      {
        "year": 2024,
        "export_value_usd": 5250498.322113916,
        "active_destinations": 49,
        "yoy_growth_pct": 17.56265291626548
      }
    ],
    "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": "291512",
    "hs_description": "Acids: saturated acyclic monocarboxylic acids: salts of formic acids",
    "hs_chapter": 29,
    "hs_heading": 2915
  },
  "destinations": [
    {
      "hs_code": 291512,
      "corridor_rank": 45,
      "exporter_iso3": "ESP",
      "importer_iso3": "BRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 928732.6228289594,
      "exports_all_year_avg_usd": 597400.7528077365,
      "exports_avg_3y_usd": 1055005.792419754,
      "exports_avg_5y_usd": 1256860.3712051208,
      "exports_avg_10y_usd": 1034503.8614605652,
      "exports_cagr_3y_pct": -20.074966633813997,
      "exports_cagr_5y_pct": 1.5440236618915693,
      "exports_cagr_10y_pct": 2.5118927384703227,
      "exports_historical_peak_usd": 1819039.8870712214,
      "buyer_imports_latest_observed_usd": 16150580.535063757,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -22.58685937228432,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 14.2031,
      "buyer_yoy_all_avg_pct": 12.5,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 5.750459686651091,
      "market_share_change_1y_pp": -0.6688367248098137,
      "peer_best_share_pct": 75.1811113871237,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 13,
      "buyer_market_hhi": 5796.36,
      "distance_km": 8389.7802734375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.2883659997252525,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8391629427885366,
      "max_drawdown_pct": 79.04424103688417,
      "attention_level": "Watch",
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