{
  "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/293721",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/293721",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/293721",
    "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": "293721",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 106,
    "current_lane_count": 68,
    "active_market_count": 68,
    "exports_latest_observed_lanes_usd": 6762428.769778191,
    "exports_current_2024_usd": 6184100.146731048,
    "exports_avg_3y_usd": 9792589.947065627,
    "exports_avg_5y_usd": 11039207.437275955,
    "exports_avg_10y_usd": 17290633.37387733,
    "exports_cagr_3y_pct": -17.518865326735455,
    "exports_cagr_5y_pct": -21.12328863098686,
    "exports_cagr_10y_pct": -14.226449731256153,
    "exports_all_year_lane_avg_usd": 13148913.018439889,
    "exports_historical_lane_peak_usd": 49612808.274465434,
    "historical_peak_year": 2013,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -3.2924155954793015,
    "trend_label": "Rapid decline",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 1550959.051451,
    "top_market_share_pct": 22.93494104340668,
    "destination_hhi": 791.1693489551255,
    "weighted_share_latest_pct": 15.243215420391392,
    "weighted_share_change_1y_pp": -2.561478114798235,
    "weighted_volatility_cv": 1.0059138067473155,
    "weighted_max_drawdown_pct": 85.68421210170135,
    "limited_history_lane_share_pct": 27.358490566037737,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 293721,
      "hs_description": "Hormones: cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)",
      "hs_chapter": 29,
      "hs_heading": 2937,
      "substitution_elasticity": null,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Hormones: cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)",
    "hs_chapter": 29,
    "hs_heading": 2937,
    "destinations": [
      {
        "hs_code": 293721,
        "corridor_rank": 14,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 1550959.051451,
        "exports_all_year_avg_usd": 1165266.258374122,
        "exports_avg_3y_usd": 2151557.8692881684,
        "exports_avg_5y_usd": 2108734.247819329,
        "exports_avg_10y_usd": 2319767.5678703943,
        "exports_cagr_3y_pct": 3.3276277282745514,
        "exports_cagr_5y_pct": -9.852578404478962,
        "exports_cagr_10y_pct": -3.0690107001259403,
        "exports_historical_peak_usd": 3219200.7347743236,
        "buyer_imports_latest_observed_usd": 12240552.349075863,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 48.148148148148145,
        "trend_acceleration_pct": 6.396638428400491,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -4.7906,
        "buyer_yoy_all_avg_pct": 2.9416,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 12.670662297098826,
        "market_share_change_1y_pp": -5.73564559125224,
        "peer_best_share_pct": 38.9483339486779,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 2912.46,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8658635284182953,
        "max_drawdown_pct": 72.56008683344413,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 293721,
        "corridor_rank": 27,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 347373.4379023987,
        "exports_all_year_avg_usd": 417534.85228673817,
        "exports_avg_3y_usd": 319555.2363369372,
        "exports_avg_5y_usd": 292318.4673516077,
        "exports_avg_10y_usd": 243114.1122140199,
        "exports_cagr_3y_pct": -6.640092913119555,
        "exports_cagr_5y_pct": 75.91532115529908,
        "exports_cagr_10y_pct": 26.199141459087592,
        "exports_historical_peak_usd": 1443810.7117742747,
        "buyer_imports_latest_observed_usd": 19095884.474406317,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 53.57142857142857,
        "trend_acceleration_pct": -32.839234372207144,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -12.4637,
        "buyer_yoy_all_avg_pct": 9.0375,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.8191010653000839,
        "market_share_change_1y_pp": -0.6410061548601433,
        "peer_best_share_pct": 84.45818514522826,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 7203.04,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9448427449949259,
        "max_drawdown_pct": 98.57186908770211,
        "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": 293721,
        "corridor_rank": 34,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 185504.5601803846,
        "exports_all_year_avg_usd": 465666.762798721,
        "exports_avg_3y_usd": 317981.9733582469,
        "exports_avg_5y_usd": 323652.0787202758,
        "exports_avg_10y_usd": 316504.72830906825,
        "exports_cagr_3y_pct": 3.328310452094896,
        "exports_cagr_5y_pct": -14.982193720690162,
        "exports_cagr_10y_pct": -15.763286732104332,
        "exports_historical_peak_usd": 1531115.6548291883,
        "buyer_imports_latest_observed_usd": 13073755.920126382,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 19.091597184199227,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -6.7465,
        "buyer_yoy_all_avg_pct": 4.6174,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.4189079352078906,
        "market_share_change_1y_pp": -0.8965389320677142,
        "peer_best_share_pct": 37.6580016026332,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 2722.59,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8550838865787129,
        "max_drawdown_pct": 99.01338700623621,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 293721,
        "corridor_rank": 49,
        "exporter_iso3": "ESP",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 112445.45967476137,
        "exports_all_year_avg_usd": 1383062.602566194,
        "exports_avg_3y_usd": 114567.46493206821,
        "exports_avg_5y_usd": 490622.71524709853,
        "exports_avg_10y_usd": 1788540.170883223,
        "exports_cagr_3y_pct": -31.58570923443196,
        "exports_cagr_5y_pct": -51.06518298372931,
        "exports_cagr_10y_pct": -32.00941450057479,
        "exports_historical_peak_usd": 5326649.407728505,
        "buyer_imports_latest_observed_usd": 40807972.063962094,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 51.851851851851855,
        "trend_acceleration_pct": 0.4237052661428322,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -2.1903,
        "buyer_yoy_all_avg_pct": 13.2834,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.27554777654355195,
        "market_share_change_1y_pp": 0.03223701417032676,
        "peer_best_share_pct": 93.45158168598907,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 8762.66,
        "distance_km": 7282.04638671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373737,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.095763416602691,
        "max_drawdown_pct": 98.09423040537945,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 293721,
        "corridor_rank": 64,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 68001.89264450487,
        "exports_all_year_avg_usd": 2411468.4124746486,
        "exports_avg_3y_usd": 1666838.3108612755,
        "exports_avg_5y_usd": 2377125.044562348,
        "exports_avg_10y_usd": 4571821.1643087845,
        "exports_cagr_3y_pct": -71.5972523947587,
        "exports_cagr_5y_pct": -61.00925591141526,
        "exports_cagr_10y_pct": -35.582815961063496,
        "exports_historical_peak_usd": 7909727.348812295,
        "buyer_imports_latest_observed_usd": 22371193.798956774,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 54.166666666666664,
        "trend_acceleration_pct": -36.0144364336952,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -8.2135,
        "buyer_yoy_all_avg_pct": 3.2946,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.30397078160252666,
        "market_share_change_1y_pp": -6.899080225490403,
        "peer_best_share_pct": 71.14366146740589,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 5450.64,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1476840920808407,
        "max_drawdown_pct": 99.14027513660486,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 293721,
      "num_markets": 73,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 19447052.63157895,
      "lowest_price_importer_iso3": "CHN",
      "lowest_price_usd_per_ton": 68841.26984126984,
      "median_price_across_markets": 1108368.4210526315,
      "price_spread_pct": 1748.3546981006505,
      "avg_quantity_metric_tons": 0.4258720930232558,
      "total_trade_value_usd": 87473077
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 11319919.993394041,
        "active_destinations": 54,
        "yoy_growth_pct": 52.32743898348311
      },
      {
        "year": 2011,
        "export_value_usd": 14114442.000947041,
        "active_destinations": 53,
        "yoy_growth_pct": 24.68676465190388
      },
      {
        "year": 2012,
        "export_value_usd": 20952942.072036404,
        "active_destinations": 56,
        "yoy_growth_pct": 48.45037494667177
      },
      {
        "year": 2013,
        "export_value_usd": 29253234.192751806,
        "active_destinations": 52,
        "yoy_growth_pct": 39.61396968587477
      },
      {
        "year": 2014,
        "export_value_usd": 28690799.461128786,
        "active_destinations": 56,
        "yoy_growth_pct": -1.9226411955583933
      },
      {
        "year": 2015,
        "export_value_usd": 27815970.542070333,
        "active_destinations": 66,
        "yoy_growth_pct": -3.0491618758957886
      },
      {
        "year": 2016,
        "export_value_usd": 27105327.689803876,
        "active_destinations": 61,
        "yoy_growth_pct": -2.5548015705281375
      },
      {
        "year": 2017,
        "export_value_usd": 23899591.091196097,
        "active_destinations": 65,
        "yoy_growth_pct": -11.826961235424099
      },
      {
        "year": 2018,
        "export_value_usd": 18634393.665541675,
        "active_destinations": 68,
        "yoy_growth_pct": -22.030491674788383
      },
      {
        "year": 2019,
        "export_value_usd": 20255013.563781574,
        "active_destinations": 65,
        "yoy_growth_pct": 8.6969285254326
      },
      {
        "year": 2020,
        "export_value_usd": 14797479.715532228,
        "active_destinations": 60,
        "yoy_growth_pct": -26.944113520654856
      },
      {
        "year": 2021,
        "export_value_usd": 11020787.629650665,
        "active_destinations": 67,
        "yoy_growth_pct": -25.522535989134315
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      {
        "year": 2022,
        "export_value_usd": 12773168.606062388,
        "active_destinations": 68,
        "yoy_growth_pct": 15.900687276624975
      },
      {
        "year": 2023,
        "export_value_usd": 10420501.088403441,
        "active_destinations": 70,
        "yoy_growth_pct": -18.418824570610667
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      {
        "year": 2024,
        "export_value_usd": 6184100.146731049,
        "active_destinations": 68,
        "yoy_growth_pct": -40.65448394211017
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    ],
    "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": "293721",
    "hs_description": "Hormones: cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone)",
    "hs_chapter": 29,
    "hs_heading": 2937
  },
  "destinations": [
    {
      "hs_code": 293721,
      "corridor_rank": 14,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 1550959.051451,
      "exports_all_year_avg_usd": 1165266.258374122,
      "exports_avg_3y_usd": 2151557.8692881684,
      "exports_avg_5y_usd": 2108734.247819329,
      "exports_avg_10y_usd": 2319767.5678703943,
      "exports_cagr_3y_pct": 3.3276277282745514,
      "exports_cagr_5y_pct": -9.852578404478962,
      "exports_cagr_10y_pct": -3.0690107001259403,
      "exports_historical_peak_usd": 3219200.7347743236,
      "buyer_imports_latest_observed_usd": 12240552.349075863,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 48.148148148148145,
      "trend_acceleration_pct": 6.396638428400491,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -4.7906,
      "buyer_yoy_all_avg_pct": 2.9416,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 12.670662297098826,
      "market_share_change_1y_pp": -5.73564559125224,
      "peer_best_share_pct": 38.9483339486779,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 20,
      "buyer_market_hhi": 2912.46,
      "distance_km": 1479.33154296875,
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