# Spain HS 480421 exports | Yugalinks

Explore reported HS 480421 exports from Spain: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Spain |
| HS6 | 480421 |
| Latest exports | $111.4M |
| Active destinations | 70 |
| Three-year growth | -3.1% |
| Destination HHI | 772 |
| Weighted share | 20.6% |

## Destination markets

- Germany: $18.5M; share 9.2%; growth +7.2%
- Italy: $11.3M; share 11%; growth +8.5%
- United Kingdom: $10.9M; share 24.4%; growth +25.5%
- Portugal: $8.9M; share 43.6%; growth -12.2%
- France: $8.1M; share 19%; growth +16.9%
- Dominican Republic: $7.8M; share 48.9%; growth -8%
- Egypt: $7.7M; share 12.1%; growth +0.9%
- Saudi Arabia: $6.7M; share 16.8%; growth +13.7%

## Price intelligence

- Highest reported market price: Switzerland, Liechtenstein at $14.5K / ton.
- Lowest reported market price: Malaysia at $235.1 / ton.
- Median reported price: $1.0K / ton.
- Price spread: 1,398.1%.

## Export history

- 2010: $92.5M
- 2011: $106.2M
- 2012: $99.4M
- 2013: $108.2M
- 2014: $91.9M
- 2015: $73.8M
- 2016: $75.9M
- 2017: $82.5M
- 2018: $117.1M
- 2019: $100.0M
- 2020: $89.6M
- 2021: $120.2M
- 2022: $144.5M
- 2023: $106.3M
- 2024: $109.4M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/480421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/480421",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/480421",
    "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": "480421",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 126,
    "current_lane_count": 70,
    "active_market_count": 70,
    "exports_latest_observed_lanes_usd": 111375141.76840205,
    "exports_current_2024_usd": 109437541.98708506,
    "exports_avg_3y_usd": 120091095.09036338,
    "exports_avg_5y_usd": 114008839.85884988,
    "exports_avg_10y_usd": 101933177.88062347,
    "exports_cagr_3y_pct": -3.078789915075386,
    "exports_cagr_5y_pct": 1.8119934144639638,
    "exports_cagr_10y_pct": 1.767044236336135,
    "exports_all_year_lane_avg_usd": 100115045.65678902,
    "exports_historical_lane_peak_usd": 325931886.5475335,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -4.8458341514115215,
    "trend_label": "Declining",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 18515344.101263218,
    "top_market_share_pct": 16.624305753760357,
    "destination_hhi": 772.2455742909266,
    "weighted_share_latest_pct": 20.623135009423834,
    "weighted_share_change_1y_pp": 1.4873406362176527,
    "weighted_volatility_cv": 0.7801988345512756,
    "weighted_max_drawdown_pct": 87.21695705280507,
    "limited_history_lane_share_pct": 34.12698412698413,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 480421,
      "hs_description": "Kraft paper and paperboard: sack kraft paper, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803",
      "hs_chapter": 48,
      "hs_heading": 4804,
      "substitution_elasticity": -8.4769983,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Kraft paper and paperboard: sack kraft paper, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803",
    "hs_chapter": 48,
    "hs_heading": 4804,
    "destinations": [
      {
        "hs_code": 480421,
        "corridor_rank": 16,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 18515344.101263218,
        "exports_all_year_avg_usd": 8182614.495343102,
        "exports_avg_3y_usd": 16684236.058516733,
        "exports_avg_5y_usd": 15572119.230600324,
        "exports_avg_10y_usd": 12965946.839391202,
        "exports_cagr_3y_pct": 7.150939512104926,
        "exports_cagr_5y_pct": 11.796233344081841,
        "exports_cagr_10y_pct": 6.114124227253059,
        "exports_historical_peak_usd": 18515344.101263218,
        "buyer_imports_latest_observed_usd": 201172388.7787439,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 1.0368152848518664,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -22.6174,
        "buyer_yoy_all_avg_pct": 4.8859,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 9.203720358277899,
        "market_share_change_1y_pp": 2.558929311041209,
        "peer_best_share_pct": 52.07697575151139,
        "peer_top_exporter": "SWE",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 3288.5,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5210549377682053,
        "max_drawdown_pct": 81.80187979948448,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 34,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 11317679.617274038,
        "exports_all_year_avg_usd": 8100664.376665166,
        "exports_avg_3y_usd": 11603897.819912141,
        "exports_avg_5y_usd": 9691402.921300253,
        "exports_avg_10y_usd": 7736140.70546664,
        "exports_cagr_3y_pct": 8.46724542986963,
        "exports_cagr_5y_pct": 17.231465320832882,
        "exports_cagr_10y_pct": 0.4049819956063905,
        "exports_historical_peak_usd": 12140957.679375082,
        "buyer_imports_latest_observed_usd": 102965040.04126835,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 8.06226343426324,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -14.2133,
        "buyer_yoy_all_avg_pct": 1.9589,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 10.991769257544036,
        "market_share_change_1y_pp": 1.5328195757916845,
        "peer_best_share_pct": 14.775329741095106,
        "peer_top_exporter": "BGR",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 1077.29,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3400319402017557,
        "max_drawdown_pct": 77.82069476174274,
        "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": 480421,
        "corridor_rank": 38,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 10906825.909966122,
        "exports_all_year_avg_usd": 2270516.623484945,
        "exports_avg_3y_usd": 7186104.713244612,
        "exports_avg_5y_usd": 6598066.050454134,
        "exports_avg_10y_usd": 3986037.005445069,
        "exports_cagr_3y_pct": 25.547891319352956,
        "exports_cagr_5y_pct": 34.32705586989342,
        "exports_cagr_10y_pct": 22.318850288505622,
        "exports_historical_peak_usd": 10906825.909966122,
        "buyer_imports_latest_observed_usd": 44626009.00128204,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 3.229041030847334,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 10.8235,
        "buyer_yoy_all_avg_pct": 0.4154,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 24.44051384844382,
        "market_share_change_1y_pp": 8.15429199213322,
        "peer_best_share_pct": 40.552874401214694,
        "peer_top_exporter": "SWE",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2455.65,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9798829743911248,
        "max_drawdown_pct": 91.27659609627986,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 46,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8901726.27906955,
        "exports_all_year_avg_usd": 10512310.043643868,
        "exports_avg_3y_usd": 11777061.903253922,
        "exports_avg_5y_usd": 11589497.301570505,
        "exports_avg_10y_usd": 13172419.906238327,
        "exports_cagr_3y_pct": -12.156891504469336,
        "exports_cagr_5y_pct": -8.946299909311506,
        "exports_cagr_10y_pct": -3.3419397376346915,
        "exports_historical_peak_usd": 25960025.447406795,
        "buyer_imports_latest_observed_usd": 20420484.798720445,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -8.814951766834644,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 4.4855,
        "buyer_yoy_all_avg_pct": 5.6859,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 43.59213978909715,
        "market_share_change_1y_pp": -19.567259380715427,
        "peer_best_share_pct": 43.59213978909715,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 2471.98,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5872295161376354,
        "max_drawdown_pct": 65.70987075069003,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 58,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8099411.691683183,
        "exports_all_year_avg_usd": 11457619.29304828,
        "exports_avg_3y_usd": 7845380.392168668,
        "exports_avg_5y_usd": 6294258.677680495,
        "exports_avg_10y_usd": 4810618.692725191,
        "exports_cagr_3y_pct": 16.943819682713524,
        "exports_cagr_5y_pct": 18.524546496524597,
        "exports_cagr_10y_pct": 5.660042547544841,
        "exports_historical_peak_usd": 24299260.91741556,
        "buyer_imports_latest_observed_usd": 42573763.94453951,
        "historical_peak_year": 1996,
        "positive_growth_year_share_pct": 41.37931034482759,
        "trend_acceleration_pct": 11.283777135168684,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -6.1474,
        "buyer_yoy_all_avg_pct": 0.7092,
        "buyer_trend_consistency_pct": 37.931,
        "market_share_latest_pct": 19.02442006827073,
        "market_share_change_1y_pp": 4.368749617389673,
        "peer_best_share_pct": 25.925618387464556,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 1630.02,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5818993545975649,
        "max_drawdown_pct": 89.37367685019937,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 60,
        "exporter_iso3": "ESP",
        "importer_iso3": "DOM",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 7819106.568820546,
        "exports_all_year_avg_usd": 2794511.4444746776,
        "exports_avg_3y_usd": 7018630.012236544,
        "exports_avg_5y_usd": 7182870.1748118205,
        "exports_avg_10y_usd": 5219405.442937112,
        "exports_cagr_3y_pct": -7.955056878914368,
        "exports_cagr_5y_pct": 22.118598673121515,
        "exports_cagr_10y_pct": 171.19068436384498,
        "exports_historical_peak_usd": 10026684.075130716,
        "buyer_imports_latest_observed_usd": 15996240.13411535,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 45,
        "trend_acceleration_pct": -179.14574124275936,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 27.2716,
        "buyer_yoy_all_avg_pct": 16.0038,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 48.880902657522974,
        "market_share_change_1y_pp": 6.91756967153983,
        "peer_best_share_pct": 48.880902657522974,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 8,
        "buyer_market_hhi": 4493.67,
        "distance_km": 6688.10546875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09511208548282828,
        "tariff_advantage_pp": 0.05651332354747474,
        "volatility_cv": 1.0818068946420951,
        "max_drawdown_pct": 99.985023665162,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 62,
        "exporter_iso3": "ESP",
        "importer_iso3": "EGY",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7682748.209240942,
        "exports_all_year_avg_usd": 6889849.004625036,
        "exports_avg_3y_usd": 9376634.545367485,
        "exports_avg_5y_usd": 8479748.061042648,
        "exports_avg_10y_usd": 9633554.263936058,
        "exports_cagr_3y_pct": 0.917680127261078,
        "exports_cagr_5y_pct": -4.503939241797939,
        "exports_cagr_10y_pct": -5.9706989358420115,
        "exports_historical_peak_usd": 20601806.915792473,
        "buyer_imports_latest_observed_usd": 63717898.76805597,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 6.8883790631030895,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 33.4645,
        "buyer_yoy_all_avg_pct": 9.9426,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 12.057441249290811,
        "market_share_change_1y_pp": -0.6027839097258063,
        "peer_best_share_pct": 23.211116773655945,
        "peer_top_exporter": "AUT",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 1572.91,
        "distance_km": 3355.6572265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.3194917933945455,
        "tariff_advantage_pp": 0.27049160856886867,
        "volatility_cv": 0.651857689609525,
        "max_drawdown_pct": 74.59052819872514,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 480421,
        "corridor_rank": 70,
        "exporter_iso3": "ESP",
        "importer_iso3": "SAU",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 6696144.376275133,
        "exports_all_year_avg_usd": 2754236.0458142194,
        "exports_avg_3y_usd": 6297627.441365412,
        "exports_avg_5y_usd": 4794628.418808619,
        "exports_avg_10y_usd": 4237215.976176028,
        "exports_cagr_3y_pct": 13.728075273349049,
        "exports_cagr_5y_pct": 24.088186622658792,
        "exports_cagr_10y_pct": -2.0102028233209945,
        "exports_historical_peak_usd": 9671293.309210338,
        "buyer_imports_latest_observed_usd": 39947173.780300885,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60.869565217391305,
        "trend_acceleration_pct": 15.738278096670044,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 80.6755,
        "buyer_yoy_all_avg_pct": 11.7706,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 16.76249842630218,
        "market_share_change_1y_pp": 5.340266258176131,
        "peer_best_share_pct": 26.417574248995003,
        "peer_top_exporter": "SWE",
        "supplier_count_latest": 21,
        "buyer_market_hhi": 1501.92,
        "distance_km": 4975.89697265625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09920948249898988,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9896195980910745,
        "max_drawdown_pct": 98.15640137152495,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 480421,
      "num_markets": 98,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 14498.392282958199,
      "lowest_price_importer_iso3": "MYS",
      "lowest_price_usd_per_ton": 235.1206434316354,
      "median_price_across_markets": 1020.1681080162768,
      "price_spread_pct": 1398.1295364409677,
      "avg_quantity_metric_tons": 1785.217598101266,
      "total_trade_value_usd": 550225871
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 92498071.63654257,
        "active_destinations": 43,
        "yoy_growth_pct": 29.873683450269738
      },
      {
        "year": 2011,
        "export_value_usd": 106223099.79425292,
        "active_destinations": 52,
        "yoy_growth_pct": 14.83817761265424
      },
      {
        "year": 2012,
        "export_value_usd": 99379013.3752753,
        "active_destinations": 55,
        "yoy_growth_pct": -6.443124360176043
      },
      {
        "year": 2013,
        "export_value_usd": 108196825.80729088,
        "active_destinations": 49,
        "yoy_growth_pct": 8.872912028938883
      },
      {
        "year": 2014,
        "export_value_usd": 91853291.02269599,
        "active_destinations": 49,
        "yoy_growth_pct": -15.105373621315218
      },
      {
        "year": 2015,
        "export_value_usd": 73810453.65775712,
        "active_destinations": 48,
        "yoy_growth_pct": -19.64310387145592
      },
      {
        "year": 2016,
        "export_value_usd": 75854537.82209039,
        "active_destinations": 47,
        "yoy_growth_pct": 2.769369463316455
      },
      {
        "year": 2017,
        "export_value_usd": 82477958.05736247,
        "active_destinations": 59,
        "yoy_growth_pct": 8.73173896439351
      },
      {
        "year": 2018,
        "export_value_usd": 117105103.73839527,
        "active_destinations": 56,
        "yoy_growth_pct": 41.98351474335728
      },
      {
        "year": 2019,
        "export_value_usd": 100039526.23638003,
        "active_destinations": 62,
        "yoy_growth_pct": -14.572872536912287
      },
      {
        "year": 2020,
        "export_value_usd": 89569425.24534182,
        "active_destinations": 65,
        "yoy_growth_pct": -10.465964189293295
      },
      {
        "year": 2021,
        "export_value_usd": 120201488.77781732,
        "active_destinations": 64,
        "yoy_growth_pct": 34.199240922413495
      },
      {
        "year": 2022,
        "export_value_usd": 144549520.0933461,
        "active_destinations": 67,
        "yoy_growth_pct": 20.256014765785572
      },
      {
        "year": 2023,
        "export_value_usd": 106286223.190659,
        "active_destinations": 64,
        "yoy_growth_pct": -26.47071873914054
      },
      {
        "year": 2024,
        "export_value_usd": 109437541.98708501,
        "active_destinations": 70,
        "yoy_growth_pct": 2.964936284143896
      }
    ],
    "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": "480421",
    "hs_description": "Kraft paper and paperboard: sack kraft paper, uncoated, unbleached, in rolls or sheets, other than that of heading no. 4802 or 4803",
    "hs_chapter": 48,
    "hs_heading": 4804
  },
  "destinations": [
    {
      "hs_code": 480421,
      "corridor_rank": 16,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 18515344.101263218,
      "exports_all_year_avg_usd": 8182614.495343102,
      "exports_avg_3y_usd": 16684236.058516733,
      "exports_avg_5y_usd": 15572119.230600324,
      "exports_avg_10y_usd": 12965946.839391202,
      "exports_cagr_3y_pct": 7.150939512104926,
      "exports_cagr_5y_pct": 11.796233344081841,
      "exports_cagr_10y_pct": 6.114124227253059,
      "exports_historical_peak_usd": 18515344.101263218,
      "buyer_imports_latest_observed_usd": 201172388.7787439,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 1.0368152848518664,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -22.6174,
      "buyer_yoy_all_avg_pct": 4.8859,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 9.203720358277899,
      "market_share_change_1y_pp": 2.558929311041209,
      "peer_best_share_pct": 52.07697575151139,
      "peer_top_exporter": "SWE",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 3288.5,
      "distance_km": 1479.33154296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5210549377682053,
      "max_drawdown_pct": 81.80187979948448,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 34,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 11317679.617274038,
      "exports_all_year_avg_usd": 8100664.376665166,
      "exports_avg_3y_usd": 11603897.819912141,
      "exports_avg_5y_usd": 9691402.921300253,
      "exports_avg_10y_usd": 7736140.70546664,
      "exports_cagr_3y_pct": 8.46724542986963,
      "exports_cagr_5y_pct": 17.231465320832882,
      "exports_cagr_10y_pct": 0.4049819956063905,
      "exports_historical_peak_usd": 12140957.679375082,
      "buyer_imports_latest_observed_usd": 102965040.04126835,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 8.06226343426324,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -14.2133,
      "buyer_yoy_all_avg_pct": 1.9589,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 10.991769257544036,
      "market_share_change_1y_pp": 1.5328195757916845,
      "peer_best_share_pct": 14.775329741095106,
      "peer_top_exporter": "BGR",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 1077.29,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3400319402017557,
      "max_drawdown_pct": 77.82069476174274,
      "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": 480421,
      "corridor_rank": 38,
      "exporter_iso3": "ESP",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 10906825.909966122,
      "exports_all_year_avg_usd": 2270516.623484945,
      "exports_avg_3y_usd": 7186104.713244612,
      "exports_avg_5y_usd": 6598066.050454134,
      "exports_avg_10y_usd": 3986037.005445069,
      "exports_cagr_3y_pct": 25.547891319352956,
      "exports_cagr_5y_pct": 34.32705586989342,
      "exports_cagr_10y_pct": 22.318850288505622,
      "exports_historical_peak_usd": 10906825.909966122,
      "buyer_imports_latest_observed_usd": 44626009.00128204,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 3.229041030847334,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 10.8235,
      "buyer_yoy_all_avg_pct": 0.4154,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 24.44051384844382,
      "market_share_change_1y_pp": 8.15429199213322,
      "peer_best_share_pct": 40.552874401214694,
      "peer_top_exporter": "SWE",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2455.65,
      "distance_km": 1263.3787841796875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9798829743911248,
      "max_drawdown_pct": 91.27659609627986,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 46,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8901726.27906955,
      "exports_all_year_avg_usd": 10512310.043643868,
      "exports_avg_3y_usd": 11777061.903253922,
      "exports_avg_5y_usd": 11589497.301570505,
      "exports_avg_10y_usd": 13172419.906238327,
      "exports_cagr_3y_pct": -12.156891504469336,
      "exports_cagr_5y_pct": -8.946299909311506,
      "exports_cagr_10y_pct": -3.3419397376346915,
      "exports_historical_peak_usd": 25960025.447406795,
      "buyer_imports_latest_observed_usd": 20420484.798720445,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": -8.814951766834644,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 4.4855,
      "buyer_yoy_all_avg_pct": 5.6859,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 43.59213978909715,
      "market_share_change_1y_pp": -19.567259380715427,
      "peer_best_share_pct": 43.59213978909715,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 15,
      "buyer_market_hhi": 2471.98,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5872295161376354,
      "max_drawdown_pct": 65.70987075069003,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 58,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8099411.691683183,
      "exports_all_year_avg_usd": 11457619.29304828,
      "exports_avg_3y_usd": 7845380.392168668,
      "exports_avg_5y_usd": 6294258.677680495,
      "exports_avg_10y_usd": 4810618.692725191,
      "exports_cagr_3y_pct": 16.943819682713524,
      "exports_cagr_5y_pct": 18.524546496524597,
      "exports_cagr_10y_pct": 5.660042547544841,
      "exports_historical_peak_usd": 24299260.91741556,
      "buyer_imports_latest_observed_usd": 42573763.94453951,
      "historical_peak_year": 1996,
      "positive_growth_year_share_pct": 41.37931034482759,
      "trend_acceleration_pct": 11.283777135168684,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -6.1474,
      "buyer_yoy_all_avg_pct": 0.7092,
      "buyer_trend_consistency_pct": 37.931,
      "market_share_latest_pct": 19.02442006827073,
      "market_share_change_1y_pp": 4.368749617389673,
      "peer_best_share_pct": 25.925618387464556,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 1630.02,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5818993545975649,
      "max_drawdown_pct": 89.37367685019937,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 60,
      "exporter_iso3": "ESP",
      "importer_iso3": "DOM",
      "latest_data_year": 2024,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 7819106.568820546,
      "exports_all_year_avg_usd": 2794511.4444746776,
      "exports_avg_3y_usd": 7018630.012236544,
      "exports_avg_5y_usd": 7182870.1748118205,
      "exports_avg_10y_usd": 5219405.442937112,
      "exports_cagr_3y_pct": -7.955056878914368,
      "exports_cagr_5y_pct": 22.118598673121515,
      "exports_cagr_10y_pct": 171.19068436384498,
      "exports_historical_peak_usd": 10026684.075130716,
      "buyer_imports_latest_observed_usd": 15996240.13411535,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 45,
      "trend_acceleration_pct": -179.14574124275936,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 27.2716,
      "buyer_yoy_all_avg_pct": 16.0038,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 48.880902657522974,
      "market_share_change_1y_pp": 6.91756967153983,
      "peer_best_share_pct": 48.880902657522974,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 8,
      "buyer_market_hhi": 4493.67,
      "distance_km": 6688.10546875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09511208548282828,
      "tariff_advantage_pp": 0.05651332354747474,
      "volatility_cv": 1.0818068946420951,
      "max_drawdown_pct": 99.985023665162,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 62,
      "exporter_iso3": "ESP",
      "importer_iso3": "EGY",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 7682748.209240942,
      "exports_all_year_avg_usd": 6889849.004625036,
      "exports_avg_3y_usd": 9376634.545367485,
      "exports_avg_5y_usd": 8479748.061042648,
      "exports_avg_10y_usd": 9633554.263936058,
      "exports_cagr_3y_pct": 0.917680127261078,
      "exports_cagr_5y_pct": -4.503939241797939,
      "exports_cagr_10y_pct": -5.9706989358420115,
      "exports_historical_peak_usd": 20601806.915792473,
      "buyer_imports_latest_observed_usd": 63717898.76805597,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 6.8883790631030895,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 33.4645,
      "buyer_yoy_all_avg_pct": 9.9426,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 12.057441249290811,
      "market_share_change_1y_pp": -0.6027839097258063,
      "peer_best_share_pct": 23.211116773655945,
      "peer_top_exporter": "AUT",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 1572.91,
      "distance_km": 3355.6572265625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.3194917933945455,
      "tariff_advantage_pp": 0.27049160856886867,
      "volatility_cv": 0.651857689609525,
      "max_drawdown_pct": 74.59052819872514,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 480421,
      "corridor_rank": 70,
      "exporter_iso3": "ESP",
      "importer_iso3": "SAU",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 6696144.376275133,
      "exports_all_year_avg_usd": 2754236.0458142194,
      "exports_avg_3y_usd": 6297627.441365412,
      "exports_avg_5y_usd": 4794628.418808619,
      "exports_avg_10y_usd": 4237215.976176028,
      "exports_cagr_3y_pct": 13.728075273349049,
      "exports_cagr_5y_pct": 24.088186622658792,
      "exports_cagr_10y_pct": -2.0102028233209945,
      "exports_historical_peak_usd": 9671293.309210338,
      "buyer_imports_latest_observed_usd": 39947173.780300885,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 60.869565217391305,
      "trend_acceleration_pct": 15.738278096670044,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 80.6755,
      "buyer_yoy_all_avg_pct": 11.7706,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 16.76249842630218,
      "market_share_change_1y_pp": 5.340266258176131,
      "peer_best_share_pct": 26.417574248995003,
      "peer_top_exporter": "SWE",
      "supplier_count_latest": 21,
      "buyer_market_hhi": 1501.92,
      "distance_km": 4975.89697265625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09920948249898988,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9896195980910745,
      "max_drawdown_pct": 98.15640137152495,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 480421,
    "num_markets": 98,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 14498.392282958199,
    "lowest_price_importer_iso3": "MYS",
    "lowest_price_usd_per_ton": 235.1206434316354,
    "median_price_across_markets": 1020.1681080162768,
    "price_spread_pct": 1398.1295364409677,
    "avg_quantity_metric_tons": 1785.217598101266,
    "total_trade_value_usd": 550225871
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 92498071.63654257,
      "active_destinations": 43,
      "yoy_growth_pct": 29.873683450269738
    },
    {
      "year": 2011,
      "export_value_usd": 106223099.79425292,
      "active_destinations": 52,
      "yoy_growth_pct": 14.83817761265424
    },
    {
      "year": 2012,
      "export_value_usd": 99379013.3752753,
      "active_destinations": 55,
      "yoy_growth_pct": -6.443124360176043
    },
    {
      "year": 2013,
      "export_value_usd": 108196825.80729088,
      "active_destinations": 49,
      "yoy_growth_pct": 8.872912028938883
    },
    {
      "year": 2014,
      "export_value_usd": 91853291.02269599,
      "active_destinations": 49,
      "yoy_growth_pct": -15.105373621315218
    },
    {
      "year": 2015,
      "export_value_usd": 73810453.65775712,
      "active_destinations": 48,
      "yoy_growth_pct": -19.64310387145592
    },
    {
      "year": 2016,
      "export_value_usd": 75854537.82209039,
      "active_destinations": 47,
      "yoy_growth_pct": 2.769369463316455
    },
    {
      "year": 2017,
      "export_value_usd": 82477958.05736247,
      "active_destinations": 59,
      "yoy_growth_pct": 8.73173896439351
    },
    {
      "year": 2018,
      "export_value_usd": 117105103.73839527,
      "active_destinations": 56,
      "yoy_growth_pct": 41.98351474335728
    },
    {
      "year": 2019,
      "export_value_usd": 100039526.23638003,
      "active_destinations": 62,
      "yoy_growth_pct": -14.572872536912287
    },
    {
      "year": 2020,
      "export_value_usd": 89569425.24534182,
      "active_destinations": 65,
      "yoy_growth_pct": -10.465964189293295
    },
    {
      "year": 2021,
      "export_value_usd": 120201488.77781732,
      "active_destinations": 64,
      "yoy_growth_pct": 34.199240922413495
    },
    {
      "year": 2022,
      "export_value_usd": 144549520.0933461,
      "active_destinations": 67,
      "yoy_growth_pct": 20.256014765785572
    },
    {
      "year": 2023,
      "export_value_usd": 106286223.190659,
      "active_destinations": 64,
      "yoy_growth_pct": -26.47071873914054
    },
    {
      "year": 2024,
      "export_value_usd": 109437541.98708501,
      "active_destinations": 70,
      "yoy_growth_pct": 2.964936284143896
    }
  ],
  "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
  }
}
```
