{
  "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/420232",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420232",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/420232",
    "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": "420232",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 170,
    "current_lane_count": 128,
    "active_market_count": 128,
    "exports_latest_observed_lanes_usd": 83422442.67819025,
    "exports_current_2024_usd": 83385750.35998452,
    "exports_avg_3y_usd": 97098398.58751725,
    "exports_avg_5y_usd": 106082281.94139932,
    "exports_avg_10y_usd": 110862990.47734253,
    "exports_cagr_3y_pct": -15.218060834308655,
    "exports_cagr_5y_pct": -6.563887058527895,
    "exports_cagr_10y_pct": -2.8041506474302036,
    "exports_all_year_lane_avg_usd": 87865880.14929025,
    "exports_historical_lane_peak_usd": 227479972.31162614,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -12.413910186878452,
    "trend_label": "Rapid decline",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 16133223.753009869,
    "top_market_share_pct": 19.339188874204112,
    "destination_hhi": 919.0029089643737,
    "weighted_share_latest_pct": 11.18659861344027,
    "weighted_share_change_1y_pp": 0.6674091908655919,
    "weighted_volatility_cv": 0.7341826872946664,
    "weighted_max_drawdown_pct": 73.37769050734597,
    "limited_history_lane_share_pct": 17.647058823529413,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 420232,
      "hs_description": "Cases and containers: of a kind normally carried in the pocket or in the handbag, with outer surface of plastic sheeting or of textile materials",
      "hs_chapter": 42,
      "hs_heading": 4202,
      "substitution_elasticity": -3.7800727,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cases and containers: of a kind normally carried in the pocket or in the handbag, with outer surface of plastic sheeting or of textile materials",
    "hs_chapter": 42,
    "hs_heading": 4202,
    "destinations": [
      {
        "hs_code": 420232,
        "corridor_rank": 47,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 16133223.753009869,
        "exports_all_year_avg_usd": 27206472.706155397,
        "exports_avg_3y_usd": 19363504.135815363,
        "exports_avg_5y_usd": 22987237.134887535,
        "exports_avg_10y_usd": 28638230.423732065,
        "exports_cagr_3y_pct": -19.200021235080733,
        "exports_cagr_5y_pct": -11.548191511687723,
        "exports_cagr_10y_pct": -6.97497900824835,
        "exports_historical_peak_usd": 60374709.41385364,
        "buyer_imports_latest_observed_usd": 153565609.27361304,
        "historical_peak_year": 2009,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -12.225042226832382,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -4.6449,
        "buyer_yoy_all_avg_pct": 5.2745,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 10.5057530975342,
        "market_share_change_1y_pp": -1.0372008196380325,
        "peer_best_share_pct": 47.22544727104396,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 111,
        "buyer_market_hhi": 2780.34,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4577246514145131,
        "max_drawdown_pct": 73.27817573013789,
        "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": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420232,
        "corridor_rank": 49,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 14337609.798578992,
        "exports_all_year_avg_usd": 5144407.999933467,
        "exports_avg_3y_usd": 12058685.878162662,
        "exports_avg_5y_usd": 10448950.258618334,
        "exports_avg_10y_usd": 8651364.494191192,
        "exports_cagr_3y_pct": 12.73075625074127,
        "exports_cagr_5y_pct": 4.8019983306118785,
        "exports_cagr_10y_pct": 7.73161616181075,
        "exports_historical_peak_usd": 14337609.798578992,
        "buyer_imports_latest_observed_usd": 33745969.82335228,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 79.3103448275862,
        "trend_acceleration_pct": 4.99914008893052,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 5.1713,
        "buyer_yoy_all_avg_pct": 11.1442,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 42.48688028120423,
        "market_share_change_1y_pp": 5.9533032749504,
        "peer_best_share_pct": 42.48688028120424,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 73,
        "buyer_market_hhi": 3128.47,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6873709257455505,
        "max_drawdown_pct": 46.557131075906796,
        "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": 420232,
        "corridor_rank": 77,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7351974.768235611,
        "exports_all_year_avg_usd": 7789510.939978143,
        "exports_avg_3y_usd": 8298052.961610866,
        "exports_avg_5y_usd": 9657193.963191917,
        "exports_avg_10y_usd": 10070278.306877295,
        "exports_cagr_3y_pct": -17.412106354218604,
        "exports_cagr_5y_pct": -8.829629672848228,
        "exports_cagr_10y_pct": 1.4320460345867536,
        "exports_historical_peak_usd": 14146348.454505466,
        "buyer_imports_latest_observed_usd": 531894819.8712369,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -18.84415238880536,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 12.4715,
        "buyer_yoy_all_avg_pct": 5.3124,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 1.3822234196631966,
        "market_share_change_1y_pp": -0.1438571259042889,
        "peer_best_share_pct": 40.95297810821313,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 96,
        "buyer_market_hhi": 2187.26,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.4017877217348132,
        "max_drawdown_pct": 68.63679761278996,
        "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"
      },
      {
        "hs_code": 420232,
        "corridor_rank": 84,
        "exporter_iso3": "ESP",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 6636343.791276698,
        "exports_all_year_avg_usd": 17478921.242323894,
        "exports_avg_3y_usd": 9172798.349988395,
        "exports_avg_5y_usd": 12073019.796772009,
        "exports_avg_10y_usd": 15518235.513268778,
        "exports_cagr_3y_pct": -30.18945438445516,
        "exports_cagr_5y_pct": -19.09572738252675,
        "exports_cagr_10y_pct": -10.175244157088702,
        "exports_historical_peak_usd": 34960183.479841925,
        "buyer_imports_latest_observed_usd": 323923652.51486033,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -20.01421022736646,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 11.1874,
        "buyer_yoy_all_avg_pct": 4.8855,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 2.0487370217499787,
        "market_share_change_1y_pp": -1.0293091205363725,
        "peer_best_share_pct": 48.87764497869539,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 61,
        "buyer_market_hhi": 3233.44,
        "distance_km": 10777.423828125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.039966357792484856,
        "tariff_advantage_pp": 0.030413669105984857,
        "volatility_cv": 0.43301358707823434,
        "max_drawdown_pct": 81.01742287736214,
        "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','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420232,
        "corridor_rank": 99,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5000970.086514988,
        "exports_all_year_avg_usd": 2073615.9230584751,
        "exports_avg_3y_usd": 4622389.490690057,
        "exports_avg_5y_usd": 4141672.515504142,
        "exports_avg_10y_usd": 3909342.697107884,
        "exports_cagr_3y_pct": 8.82619341054558,
        "exports_cagr_5y_pct": 4.576638361906626,
        "exports_cagr_10y_pct": -0.443246771941197,
        "exports_historical_peak_usd": 5228137.58942903,
        "buyer_imports_latest_observed_usd": 242513116.217289,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 9.269440182486777,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -4.1637,
        "buyer_yoy_all_avg_pct": 11.7968,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 2.062144169569029,
        "market_share_change_1y_pp": 0.4474149854277505,
        "peer_best_share_pct": 62.86390141150011,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 79,
        "buyer_market_hhi": 4179.76,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8665272166273845,
        "max_drawdown_pct": 57.5706260706662,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 420232,
      "num_markets": 157,
      "highest_price_importer_iso3": "SGP",
      "highest_price_usd_per_ton": 32436370.89201878,
      "lowest_price_importer_iso3": "COG",
      "lowest_price_usd_per_ton": 83.33333333333333,
      "median_price_across_markets": 41791.20282378496,
      "price_spread_pct": 77615.10884349259,
      "avg_quantity_metric_tons": 11.607724727838256,
      "total_trade_value_usd": 493721825
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 122375841.57337102,
        "active_destinations": 109,
        "yoy_growth_pct": -13.103291442602814
      },
      {
        "year": 2011,
        "export_value_usd": 146035502.29631987,
        "active_destinations": 114,
        "yoy_growth_pct": 19.3336040992728
      },
      {
        "year": 2012,
        "export_value_usd": 150832062.02384079,
        "active_destinations": 119,
        "yoy_growth_pct": 3.2845161978408774
      },
      {
        "year": 2013,
        "export_value_usd": 124722341.19335316,
        "active_destinations": 122,
        "yoy_growth_pct": -17.31045805523807
      },
      {
        "year": 2014,
        "export_value_usd": 110819107.6820166,
        "active_destinations": 123,
        "yoy_growth_pct": -11.147348083999493
      },
      {
        "year": 2015,
        "export_value_usd": 96411095.31004642,
        "active_destinations": 127,
        "yoy_growth_pct": -13.001379160453453
      },
      {
        "year": 2016,
        "export_value_usd": 117721262.64547126,
        "active_destinations": 127,
        "yoy_growth_pct": 22.103438682958554
      },
      {
        "year": 2017,
        "export_value_usd": 116567070.5425651,
        "active_destinations": 138,
        "yoy_growth_pct": -0.9804448890274917
      },
      {
        "year": 2018,
        "export_value_usd": 130429546.36154288,
        "active_destinations": 134,
        "yoy_growth_pct": 11.892274339961057
      },
      {
        "year": 2019,
        "export_value_usd": 117089520.2068029,
        "active_destinations": 135,
        "yoy_growth_pct": -10.227763974400574
      },
      {
        "year": 2020,
        "export_value_usd": 102286063.62101233,
        "active_destinations": 126,
        "yoy_growth_pct": -12.642853570195511
      },
      {
        "year": 2021,
        "export_value_usd": 136830150.32343265,
        "active_destinations": 124,
        "yoy_growth_pct": 33.772036462769925
      },
      {
        "year": 2022,
        "export_value_usd": 112001994.04378605,
        "active_destinations": 125,
        "yoy_growth_pct": -18.14523788869557
      },
      {
        "year": 2023,
        "export_value_usd": 95907451.35878116,
        "active_destinations": 131,
        "yoy_growth_pct": -14.36987155667326
      },
      {
        "year": 2024,
        "export_value_usd": 83385750.35998455,
        "active_destinations": 128,
        "yoy_growth_pct": -13.056025179893535
      }
    ],
    "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": "420232",
    "hs_description": "Cases and containers: of a kind normally carried in the pocket or in the handbag, with outer surface of plastic sheeting or of textile materials",
    "hs_chapter": 42,
    "hs_heading": 4202
  },
  "destinations": [
    {
      "hs_code": 420232,
      "corridor_rank": 47,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 16133223.753009869,
      "exports_all_year_avg_usd": 27206472.706155397,
      "exports_avg_3y_usd": 19363504.135815363,
      "exports_avg_5y_usd": 22987237.134887535,
      "exports_avg_10y_usd": 28638230.423732065,
      "exports_cagr_3y_pct": -19.200021235080733,
      "exports_cagr_5y_pct": -11.548191511687723,
      "exports_cagr_10y_pct": -6.97497900824835,
      "exports_historical_peak_usd": 60374709.41385364,
      "buyer_imports_latest_observed_usd": 153565609.27361304,
      "historical_peak_year": 2009,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -12.225042226832382,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -4.6449,
      "buyer_yoy_all_avg_pct": 5.2745,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 10.5057530975342,
      "market_share_change_1y_pp": -1.0372008196380325,
      "peer_best_share_pct": 47.22544727104396,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 111,
      "buyer_market_hhi": 2780.34,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4577246514145131,
      "max_drawdown_pct": 73.27817573013789,
      "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": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420232,
      "corridor_rank": 49,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 14337609.798578992,
      "exports_all_year_avg_usd": 5144407.999933467,
      "exports_avg_3y_usd": 12058685.878162662,
      "exports_avg_5y_usd": 10448950.258618334,
      "exports_avg_10y_usd": 8651364.494191192,
      "exports_cagr_3y_pct": 12.73075625074127,
      "exports_cagr_5y_pct": 4.8019983306118785,
      "exports_cagr_10y_pct": 7.73161616181075,
      "exports_historical_peak_usd": 14337609.798578992,
      "buyer_imports_latest_observed_usd": 33745969.82335228,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 79.3103448275862,
      "trend_acceleration_pct": 4.99914008893052,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 5.1713,
      "buyer_yoy_all_avg_pct": 11.1442,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 42.48688028120423,
      "market_share_change_1y_pp": 5.9533032749504,
      "peer_best_share_pct": 42.48688028120424,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 73,
      "buyer_market_hhi": 3128.47,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6873709257455505,
      "max_drawdown_pct": 46.557131075906796,
      "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": 420232,
      "corridor_rank": 77,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 7351974.768235611,
      "exports_all_year_avg_usd": 7789510.939978143,
      "exports_avg_3y_usd": 8298052.961610866,
      "exports_avg_5y_usd": 9657193.963191917,
      "exports_avg_10y_usd": 10070278.306877295,
      "exports_cagr_3y_pct": -17.412106354218604,
      "exports_cagr_5y_pct": -8.829629672848228,
      "exports_cagr_10y_pct": 1.4320460345867536,
      "exports_historical_peak_usd": 14146348.454505466,
      "buyer_imports_latest_observed_usd": 531894819.8712369,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -18.84415238880536,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 12.4715,
      "buyer_yoy_all_avg_pct": 5.3124,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 1.3822234196631966,
      "market_share_change_1y_pp": -0.1438571259042889,
      "peer_best_share_pct": 40.95297810821313,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 96,
      "buyer_market_hhi": 2187.26,
      "distance_km": 5770.26416015625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.4017877217348132,
      "max_drawdown_pct": 68.63679761278996,
      "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"
    },
    {
      "hs_code": 420232,
      "corridor_rank": 84,
      "exporter_iso3": "ESP",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 6636343.791276698,
      "exports_all_year_avg_usd": 17478921.242323894,
      "exports_avg_3y_usd": 9172798.349988395,
      "exports_avg_5y_usd": 12073019.796772009,
      "exports_avg_10y_usd": 15518235.513268778,
      "exports_cagr_3y_pct": -30.18945438445516,
      "exports_cagr_5y_pct": -19.09572738252675,
      "exports_cagr_10y_pct": -10.175244157088702,
      "exports_historical_peak_usd": 34960183.479841925,
      "buyer_imports_latest_observed_usd": 323923652.51486033,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -20.01421022736646,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 11.1874,
      "buyer_yoy_all_avg_pct": 4.8855,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 2.0487370217499787,
      "market_share_change_1y_pp": -1.0293091205363725,
      "peer_best_share_pct": 48.87764497869539,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 61,
      "buyer_market_hhi": 3233.44,
      "distance_km": 10777.423828125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.039966357792484856,
      "tariff_advantage_pp": 0.030413669105984857,
      "volatility_cv": 0.43301358707823434,
      "max_drawdown_pct": 81.01742287736214,
      "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','buyer_macro_weakness']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420232,
      "corridor_rank": 99,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 5000970.086514988,
      "exports_all_year_avg_usd": 2073615.9230584751,
      "exports_avg_3y_usd": 4622389.490690057,
      "exports_avg_5y_usd": 4141672.515504142,
      "exports_avg_10y_usd": 3909342.697107884,
      "exports_cagr_3y_pct": 8.82619341054558,
      "exports_cagr_5y_pct": 4.576638361906626,
      "exports_cagr_10y_pct": -0.443246771941197,
      "exports_historical_peak_usd": 5228137.58942903,
      "buyer_imports_latest_observed_usd": 242513116.217289,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": 9.269440182486777,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -4.1637,
      "buyer_yoy_all_avg_pct": 11.7968,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 2.062144169569029,
      "market_share_change_1y_pp": 0.4474149854277505,
      "peer_best_share_pct": 62.86390141150011,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 79,
      "buyer_market_hhi": 4179.76,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8665272166273845,
      "max_drawdown_pct": 57.5706260706662,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 420232,
    "num_markets": 157,
    "highest_price_importer_iso3": "SGP",
    "highest_price_usd_per_ton": 32436370.89201878,
    "lowest_price_importer_iso3": "COG",
    "lowest_price_usd_per_ton": 83.33333333333333,
    "median_price_across_markets": 41791.20282378496,
    "price_spread_pct": 77615.10884349259,
    "avg_quantity_metric_tons": 11.607724727838256,
    "total_trade_value_usd": 493721825
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 122375841.57337102,
      "active_destinations": 109,
      "yoy_growth_pct": -13.103291442602814
    },
    {
      "year": 2011,
      "export_value_usd": 146035502.29631987,
      "active_destinations": 114,
      "yoy_growth_pct": 19.3336040992728
    },
    {
      "year": 2012,
      "export_value_usd": 150832062.02384079,
      "active_destinations": 119,
      "yoy_growth_pct": 3.2845161978408774
    },
    {
      "year": 2013,
      "export_value_usd": 124722341.19335316,
      "active_destinations": 122,
      "yoy_growth_pct": -17.31045805523807
    },
    {
      "year": 2014,
      "export_value_usd": 110819107.6820166,
      "active_destinations": 123,
      "yoy_growth_pct": -11.147348083999493
    },
    {
      "year": 2015,
      "export_value_usd": 96411095.31004642,
      "active_destinations": 127,
      "yoy_growth_pct": -13.001379160453453
    },
    {
      "year": 2016,
      "export_value_usd": 117721262.64547126,
      "active_destinations": 127,
      "yoy_growth_pct": 22.103438682958554
    },
    {
      "year": 2017,
      "export_value_usd": 116567070.5425651,
      "active_destinations": 138,
      "yoy_growth_pct": -0.9804448890274917
    },
    {
      "year": 2018,
      "export_value_usd": 130429546.36154288,
      "active_destinations": 134,
      "yoy_growth_pct": 11.892274339961057
    },
    {
      "year": 2019,
      "export_value_usd": 117089520.2068029,
      "active_destinations": 135,
      "yoy_growth_pct": -10.227763974400574
    },
    {
      "year": 2020,
      "export_value_usd": 102286063.62101233,
      "active_destinations": 126,
      "yoy_growth_pct": -12.642853570195511
    },
    {
      "year": 2021,
      "export_value_usd": 136830150.32343265,
      "active_destinations": 124,
      "yoy_growth_pct": 33.772036462769925
    },
    {
      "year": 2022,
      "export_value_usd": 112001994.04378605,
      "active_destinations": 125,
      "yoy_growth_pct": -18.14523788869557
    },
    {
      "year": 2023,
      "export_value_usd": 95907451.35878116,
      "active_destinations": 131,
      "yoy_growth_pct": -14.36987155667326
    },
    {
      "year": 2024,
      "export_value_usd": 83385750.35998455,
      "active_destinations": 128,
      "yoy_growth_pct": -13.056025179893535
    }
  ],
  "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
  }
}