{
  "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/450490",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/450490",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/450490",
    "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": "450490",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 146,
    "current_lane_count": 88,
    "active_market_count": 88,
    "exports_latest_observed_lanes_usd": 17908913.731733292,
    "exports_current_2024_usd": 17648783.287971433,
    "exports_avg_3y_usd": 23987927.399437774,
    "exports_avg_5y_usd": 23005803.706612747,
    "exports_avg_10y_usd": 18058243.499228474,
    "exports_cagr_3y_pct": -9.967895262948945,
    "exports_cagr_5y_pct": 3.5991304398049984,
    "exports_cagr_10y_pct": 3.7659384780541982,
    "exports_all_year_lane_avg_usd": 14780676.633763311,
    "exports_historical_lane_peak_usd": 63272079.08688538,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -13.733833741003142,
    "trend_label": "Declining",
    "top_market_iso3": "ARG",
    "top_market_exports_usd": 10009490.201489178,
    "top_market_share_pct": 55.89110736377656,
    "destination_hhi": 3421.6314281173654,
    "weighted_share_latest_pct": 47.27514882026274,
    "weighted_share_change_1y_pp": 1.9017617259891946,
    "weighted_volatility_cv": 0.9696547044681884,
    "weighted_max_drawdown_pct": 71.12277970665023,
    "limited_history_lane_share_pct": 25.34246575342466,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 450490,
      "hs_description": "Cork: articles of agglomerated cork (with or without a binding substance), n.e.s. in heading no. 4504",
      "hs_chapter": 45,
      "hs_heading": 4504,
      "substitution_elasticity": null,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cork: articles of agglomerated cork (with or without a binding substance), n.e.s. in heading no. 4504",
    "hs_chapter": 45,
    "hs_heading": 4504,
    "destinations": [
      {
        "hs_code": 450490,
        "corridor_rank": 3,
        "exporter_iso3": "ESP",
        "importer_iso3": "ARG",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 10009490.201489178,
        "exports_all_year_avg_usd": 4089994.157594027,
        "exports_avg_3y_usd": 9926259.297743654,
        "exports_avg_5y_usd": 9063951.66911803,
        "exports_avg_10y_usd": 7482189.470188394,
        "exports_cagr_3y_pct": 10.895171899501399,
        "exports_cagr_5y_pct": 5.6248102827025415,
        "exports_cagr_10y_pct": 6.756986914455521,
        "exports_historical_peak_usd": 10335051.746481163,
        "buyer_imports_latest_observed_usd": 15365604.889097638,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 4.1381849850458785,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -6.2216,
        "buyer_yoy_all_avg_pct": 16.4684,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 65.14218134419959,
        "market_share_change_1y_pp": 2.0659592794665826,
        "peer_best_share_pct": 65.14218134419957,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 24,
        "buyer_market_hhi": 4640.94,
        "distance_km": 10065.849609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.13766198483434344,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7375204016099848,
        "max_drawdown_pct": 51.82012860639923,
        "attention_level": "High attention",
        "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": 450490,
        "corridor_rank": 11,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2674808.5361433527,
        "exports_all_year_avg_usd": 4177679.3855877304,
        "exports_avg_3y_usd": 3744104.197543209,
        "exports_avg_5y_usd": 4087295.144346638,
        "exports_avg_10y_usd": 3047109.179473324,
        "exports_cagr_3y_pct": -23.885851864744424,
        "exports_cagr_5y_pct": -0.47982537327236896,
        "exports_cagr_10y_pct": 11.00911326092504,
        "exports_historical_peak_usd": 19721485.84484052,
        "buyer_imports_latest_observed_usd": 12340324.934810525,
        "historical_peak_year": 2010,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -34.894965125669465,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -25.9987,
        "buyer_yoy_all_avg_pct": 3.0052,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 21.675349314328432,
        "market_share_change_1y_pp": 1.3838589807113237,
        "peer_best_share_pct": 49.829690818323535,
        "peer_top_exporter": "PRT",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 3075.13,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.101483208941865,
        "max_drawdown_pct": 97.66035749392177,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 450490,
        "corridor_rank": 37,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 338107.5755577783,
        "exports_all_year_avg_usd": 772298.7686506469,
        "exports_avg_3y_usd": 344929.2181083948,
        "exports_avg_5y_usd": 325724.70166220964,
        "exports_avg_10y_usd": 759842.8657254463,
        "exports_cagr_3y_pct": -2.0543423003859473,
        "exports_cagr_5y_pct": 5.201424909453478,
        "exports_cagr_10y_pct": -2.109768512501864,
        "exports_historical_peak_usd": 4670728.432780383,
        "buyer_imports_latest_observed_usd": 20233896.910841327,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 0.055426212115916584,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 3.9075,
        "buyer_yoy_all_avg_pct": 6.0372,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 1.67099583954399,
        "market_share_change_1y_pp": -0.23727638467041667,
        "peer_best_share_pct": 80.21361343816808,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 6564.49,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1063347696138175,
        "max_drawdown_pct": 94.98998446829376,
        "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": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 450490,
        "corridor_rank": 48,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 166487.74453570886,
        "exports_all_year_avg_usd": 663273.5903510115,
        "exports_avg_3y_usd": 175824.22279615296,
        "exports_avg_5y_usd": 188471.6716188373,
        "exports_avg_10y_usd": 313997.2256951552,
        "exports_cagr_3y_pct": -5.639508455811892,
        "exports_cagr_5y_pct": -13.437752372178647,
        "exports_cagr_10y_pct": -14.997668116480444,
        "exports_historical_peak_usd": 1661393.227481158,
        "buyer_imports_latest_observed_usd": 12696634.352930732,
        "historical_peak_year": 1997,
        "positive_growth_year_share_pct": 34.48275862068966,
        "trend_acceleration_pct": 9.358159660668552,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -7.7187,
        "buyer_yoy_all_avg_pct": 1.1824,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 1.3112746252890153,
        "market_share_change_1y_pp": 0.31959327202379406,
        "peer_best_share_pct": 42.77683142993567,
        "peer_top_exporter": "PRT",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 2526.76,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6395835761739087,
        "max_drawdown_pct": 91.78751567989994,
        "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": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 450490,
        "corridor_rank": 57,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 117286.11976321058,
        "exports_all_year_avg_usd": 331203.36761342647,
        "exports_avg_3y_usd": 91523.77444141569,
        "exports_avg_5y_usd": 154932.45422593484,
        "exports_avg_10y_usd": 186027.5912185235,
        "exports_cagr_3y_pct": -2.611701006985212,
        "exports_cagr_5y_pct": 3.6951937322192485,
        "exports_cagr_10y_pct": -6.244857774507029,
        "exports_historical_peak_usd": 1482478.3315616916,
        "buyer_imports_latest_observed_usd": 19139418.979411468,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 3.633156767521817,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 0.8236,
        "buyer_yoy_all_avg_pct": 4.1408,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.6127987473881877,
        "market_share_change_1y_pp": 0.2281982361972919,
        "peer_best_share_pct": 39.740137375422464,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 48,
        "buyer_market_hhi": 2283.71,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3171695052063461,
        "max_drawdown_pct": 99.79459762822658,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 450490,
        "corridor_rank": 70,
        "exporter_iso3": "ESP",
        "importer_iso3": "SAU",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 72147.02855275916,
        "exports_all_year_avg_usd": 18759.742345170558,
        "exports_avg_3y_usd": 68633.66690653282,
        "exports_avg_5y_usd": 45848.58608987117,
        "exports_avg_10y_usd": 26147.134630038894,
        "exports_cagr_3y_pct": 53.43254172964882,
        "exports_cagr_5y_pct": 77.45610606896223,
        "exports_cagr_10y_pct": 13.41296317052969,
        "exports_historical_peak_usd": 104257.22634756737,
        "buyer_imports_latest_observed_usd": 46416165.806506865,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": 40.019578559119125,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -48.8519,
        "buyer_yoy_all_avg_pct": 106.2785,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 0.15543513191829644,
        "market_share_change_1y_pp": 0.12293129562587947,
        "peer_best_share_pct": 46.10739588660435,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 50,
        "buyer_market_hhi": 2719.39,
        "distance_km": 4975.89697265625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09920948249898988,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3299011628973598,
        "max_drawdown_pct": 99.96255185724009,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 450490,
      "num_markets": 115,
      "highest_price_importer_iso3": "CAN",
      "highest_price_usd_per_ton": 31112000,
      "lowest_price_importer_iso3": "ARG",
      "lowest_price_usd_per_ton": 21.17643038904608,
      "median_price_across_markets": 9811.961479979725,
      "price_spread_pct": 317082.1541345258,
      "avg_quantity_metric_tons": 38.222339805825236,
      "total_trade_value_usd": 79028914
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 27693538.84831112,
        "active_destinations": 85,
        "yoy_growth_pct": 24.82850295292618
      },
      {
        "year": 2011,
        "export_value_usd": 12703586.815586751,
        "active_destinations": 88,
        "yoy_growth_pct": -54.12797589658182
      },
      {
        "year": 2012,
        "export_value_usd": 11180937.159760103,
        "active_destinations": 89,
        "yoy_growth_pct": -11.985982210618056
      },
      {
        "year": 2013,
        "export_value_usd": 11730516.069691116,
        "active_destinations": 84,
        "yoy_growth_pct": 4.915320621861049
      },
      {
        "year": 2014,
        "export_value_usd": 12194572.715700224,
        "active_destinations": 84,
        "yoy_growth_pct": 3.95597809382079
      },
      {
        "year": 2015,
        "export_value_usd": 9882049.484001823,
        "active_destinations": 100,
        "yoy_growth_pct": -18.963544567011212
      },
      {
        "year": 2016,
        "export_value_usd": 10363878.928537756,
        "active_destinations": 101,
        "yoy_growth_pct": 4.87580481473983
      },
      {
        "year": 2017,
        "export_value_usd": 16681376.700889021,
        "active_destinations": 91,
        "yoy_growth_pct": 60.95688511909897
      },
      {
        "year": 2018,
        "export_value_usd": 13837267.62811807,
        "active_destinations": 91,
        "yoy_growth_pct": -17.049606418991644
      },
      {
        "year": 2019,
        "export_value_usd": 14788843.7176743,
        "active_destinations": 85,
        "yoy_growth_pct": 6.876907458395736
      },
      {
        "year": 2020,
        "export_value_usd": 18881546.664273597,
        "active_destinations": 81,
        "yoy_growth_pct": 27.674259223579906
      },
      {
        "year": 2021,
        "export_value_usd": 24183689.670476846,
        "active_destinations": 95,
        "yoy_growth_pct": 28.081084142516833
      },
      {
        "year": 2022,
        "export_value_usd": 26405483.17646742,
        "active_destinations": 85,
        "yoy_growth_pct": 9.187156865905829
      },
      {
        "year": 2023,
        "export_value_usd": 27909515.733874463,
        "active_destinations": 89,
        "yoy_growth_pct": 5.695910002311332
      },
      {
        "year": 2024,
        "export_value_usd": 17648783.28797144,
        "active_destinations": 88,
        "yoy_growth_pct": -36.76427976659344
      }
    ],
    "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": "450490",
    "hs_description": "Cork: articles of agglomerated cork (with or without a binding substance), n.e.s. in heading no. 4504",
    "hs_chapter": 45,
    "hs_heading": 4504
  },
  "destinations": [
    {
      "hs_code": 450490,
      "corridor_rank": 3,
      "exporter_iso3": "ESP",
      "importer_iso3": "ARG",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 10009490.201489178,
      "exports_all_year_avg_usd": 4089994.157594027,
      "exports_avg_3y_usd": 9926259.297743654,
      "exports_avg_5y_usd": 9063951.66911803,
      "exports_avg_10y_usd": 7482189.470188394,
      "exports_cagr_3y_pct": 10.895171899501399,
      "exports_cagr_5y_pct": 5.6248102827025415,
      "exports_cagr_10y_pct": 6.756986914455521,
      "exports_historical_peak_usd": 10335051.746481163,
      "buyer_imports_latest_observed_usd": 15365604.889097638,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 4.1381849850458785,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -6.2216,
      "buyer_yoy_all_avg_pct": 16.4684,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 65.14218134419959,
      "market_share_change_1y_pp": 2.0659592794665826,
      "peer_best_share_pct": 65.14218134419957,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 24,
      "buyer_market_hhi": 4640.94,
      "distance_km": 10065.849609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.13766198483434344,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7375204016099848,
      "max_drawdown_pct": 51.82012860639923,
      "attention_level": "High attention",
      "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": 450490,
      "corridor_rank": 11,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2674808.5361433527,
      "exports_all_year_avg_usd": 4177679.3855877304,
      "exports_avg_3y_usd": 3744104.197543209,
      "exports_avg_5y_usd": 4087295.144346638,
      "exports_avg_10y_usd": 3047109.179473324,
      "exports_cagr_3y_pct": -23.885851864744424,
      "exports_cagr_5y_pct": -0.47982537327236896,
      "exports_cagr_10y_pct": 11.00911326092504,
      "exports_historical_peak_usd": 19721485.84484052,
      "buyer_imports_latest_observed_usd": 12340324.934810525,
      "historical_peak_year": 2010,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": -34.894965125669465,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -25.9987,
      "buyer_yoy_all_avg_pct": 3.0052,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 21.675349314328432,
      "market_share_change_1y_pp": 1.3838589807113237,
      "peer_best_share_pct": 49.829690818323535,
      "peer_top_exporter": "PRT",
      "supplier_count_latest": 54,
      "buyer_market_hhi": 3075.13,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.101483208941865,
      "max_drawdown_pct": 97.66035749392177,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 450490,
      "corridor_rank": 37,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 338107.5755577783,
      "exports_all_year_avg_usd": 772298.7686506469,
      "exports_avg_3y_usd": 344929.2181083948,
      "exports_avg_5y_usd": 325724.70166220964,
      "exports_avg_10y_usd": 759842.8657254463,
      "exports_cagr_3y_pct": -2.0543423003859473,
      "exports_cagr_5y_pct": 5.201424909453478,
      "exports_cagr_10y_pct": -2.109768512501864,
      "exports_historical_peak_usd": 4670728.432780383,
      "buyer_imports_latest_observed_usd": 20233896.910841327,
      "historical_peak_year": 2017,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 0.055426212115916584,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 3.9075,
      "buyer_yoy_all_avg_pct": 6.0372,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 1.67099583954399,
      "market_share_change_1y_pp": -0.23727638467041667,
      "peer_best_share_pct": 80.21361343816808,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 35,
      "buyer_market_hhi": 6564.49,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1063347696138175,
      "max_drawdown_pct": 94.98998446829376,
      "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": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 450490,
      "corridor_rank": 48,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 166487.74453570886,
      "exports_all_year_avg_usd": 663273.5903510115,
      "exports_avg_3y_usd": 175824.22279615296,
      "exports_avg_5y_usd": 188471.6716188373,
      "exports_avg_10y_usd": 313997.2256951552,
      "exports_cagr_3y_pct": -5.639508455811892,
      "exports_cagr_5y_pct": -13.437752372178647,
      "exports_cagr_10y_pct": -14.997668116480444,
      "exports_historical_peak_usd": 1661393.227481158,
      "buyer_imports_latest_observed_usd": 12696634.352930732,
      "historical_peak_year": 1997,
      "positive_growth_year_share_pct": 34.48275862068966,
      "trend_acceleration_pct": 9.358159660668552,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -7.7187,
      "buyer_yoy_all_avg_pct": 1.1824,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 1.3112746252890153,
      "market_share_change_1y_pp": 0.31959327202379406,
      "peer_best_share_pct": 42.77683142993567,
      "peer_top_exporter": "PRT",
      "supplier_count_latest": 54,
      "buyer_market_hhi": 2526.76,
      "distance_km": 1479.33154296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6395835761739087,
      "max_drawdown_pct": 91.78751567989994,
      "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": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 450490,
      "corridor_rank": 57,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 117286.11976321058,
      "exports_all_year_avg_usd": 331203.36761342647,
      "exports_avg_3y_usd": 91523.77444141569,
      "exports_avg_5y_usd": 154932.45422593484,
      "exports_avg_10y_usd": 186027.5912185235,
      "exports_cagr_3y_pct": -2.611701006985212,
      "exports_cagr_5y_pct": 3.6951937322192485,
      "exports_cagr_10y_pct": -6.244857774507029,
      "exports_historical_peak_usd": 1482478.3315616916,
      "buyer_imports_latest_observed_usd": 19139418.979411468,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 3.633156767521817,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 0.8236,
      "buyer_yoy_all_avg_pct": 4.1408,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.6127987473881877,
      "market_share_change_1y_pp": 0.2281982361972919,
      "peer_best_share_pct": 39.740137375422464,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 48,
      "buyer_market_hhi": 2283.71,
      "distance_km": 5770.26416015625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3171695052063461,
      "max_drawdown_pct": 99.79459762822658,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 450490,
      "corridor_rank": 70,
      "exporter_iso3": "ESP",
      "importer_iso3": "SAU",
      "latest_data_year": 2024,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 72147.02855275916,
      "exports_all_year_avg_usd": 18759.742345170558,
      "exports_avg_3y_usd": 68633.66690653282,
      "exports_avg_5y_usd": 45848.58608987117,
      "exports_avg_10y_usd": 26147.134630038894,
      "exports_cagr_3y_pct": 53.43254172964882,
      "exports_cagr_5y_pct": 77.45610606896223,
      "exports_cagr_10y_pct": 13.41296317052969,
      "exports_historical_peak_usd": 104257.22634756737,
      "buyer_imports_latest_observed_usd": 46416165.806506865,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 40,
      "trend_acceleration_pct": 40.019578559119125,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -48.8519,
      "buyer_yoy_all_avg_pct": 106.2785,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 0.15543513191829644,
      "market_share_change_1y_pp": 0.12293129562587947,
      "peer_best_share_pct": 46.10739588660435,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 50,
      "buyer_market_hhi": 2719.39,
      "distance_km": 4975.89697265625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09920948249898988,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3299011628973598,
      "max_drawdown_pct": 99.96255185724009,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 450490,
    "num_markets": 115,
    "highest_price_importer_iso3": "CAN",
    "highest_price_usd_per_ton": 31112000,
    "lowest_price_importer_iso3": "ARG",
    "lowest_price_usd_per_ton": 21.17643038904608,
    "median_price_across_markets": 9811.961479979725,
    "price_spread_pct": 317082.1541345258,
    "avg_quantity_metric_tons": 38.222339805825236,
    "total_trade_value_usd": 79028914
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 27693538.84831112,
      "active_destinations": 85,
      "yoy_growth_pct": 24.82850295292618
    },
    {
      "year": 2011,
      "export_value_usd": 12703586.815586751,
      "active_destinations": 88,
      "yoy_growth_pct": -54.12797589658182
    },
    {
      "year": 2012,
      "export_value_usd": 11180937.159760103,
      "active_destinations": 89,
      "yoy_growth_pct": -11.985982210618056
    },
    {
      "year": 2013,
      "export_value_usd": 11730516.069691116,
      "active_destinations": 84,
      "yoy_growth_pct": 4.915320621861049
    },
    {
      "year": 2014,
      "export_value_usd": 12194572.715700224,
      "active_destinations": 84,
      "yoy_growth_pct": 3.95597809382079
    },
    {
      "year": 2015,
      "export_value_usd": 9882049.484001823,
      "active_destinations": 100,
      "yoy_growth_pct": -18.963544567011212
    },
    {
      "year": 2016,
      "export_value_usd": 10363878.928537756,
      "active_destinations": 101,
      "yoy_growth_pct": 4.87580481473983
    },
    {
      "year": 2017,
      "export_value_usd": 16681376.700889021,
      "active_destinations": 91,
      "yoy_growth_pct": 60.95688511909897
    },
    {
      "year": 2018,
      "export_value_usd": 13837267.62811807,
      "active_destinations": 91,
      "yoy_growth_pct": -17.049606418991644
    },
    {
      "year": 2019,
      "export_value_usd": 14788843.7176743,
      "active_destinations": 85,
      "yoy_growth_pct": 6.876907458395736
    },
    {
      "year": 2020,
      "export_value_usd": 18881546.664273597,
      "active_destinations": 81,
      "yoy_growth_pct": 27.674259223579906
    },
    {
      "year": 2021,
      "export_value_usd": 24183689.670476846,
      "active_destinations": 95,
      "yoy_growth_pct": 28.081084142516833
    },
    {
      "year": 2022,
      "export_value_usd": 26405483.17646742,
      "active_destinations": 85,
      "yoy_growth_pct": 9.187156865905829
    },
    {
      "year": 2023,
      "export_value_usd": 27909515.733874463,
      "active_destinations": 89,
      "yoy_growth_pct": 5.695910002311332
    },
    {
      "year": 2024,
      "export_value_usd": 17648783.28797144,
      "active_destinations": 88,
      "yoy_growth_pct": -36.76427976659344
    }
  ],
  "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
  }
}