# Spain HS 721430 exports | Yugalinks

Explore reported HS 721430 exports from Spain: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Spain |
| HS6 | 721430 |
| Latest exports | $6.5M |
| Active destinations | 30 |
| Three-year growth | -23.3% |
| Destination HHI | 888 |
| Weighted share | 30.2% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $1.1M; share 1.6%; growth +37.2%
- Germany: $799.4K; share 4.2%; growth +236.6%
- Italy: $112.5K; share 0.2%; growth -45.1%
- Canada: $15.0K; share 0.2%; growth +499.5%

## Price intelligence

- Highest reported market price: Czechia at $73.4K / ton.
- Lowest reported market price: Greece at $28.3 / ton.
- Median reported price: $1.2K / ton.
- Price spread: 6,202.6%.

## Export history

- 2010: $10.1M
- 2011: $30.3M
- 2012: $16.7M
- 2013: $12.0M
- 2014: $20.8M
- 2015: $15.7M
- 2016: $8.1M
- 2017: $9.2M
- 2018: $11.6M
- 2019: $9.4M
- 2020: $11.4M
- 2021: $8.4M
- 2022: $4.5M
- 2023: $2.9M
- 2024: $3.8M

## 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/721430",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721430",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/721430",
    "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": "721430",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 111,
    "current_lane_count": 30,
    "active_market_count": 30,
    "exports_latest_observed_lanes_usd": 6475830.587516478,
    "exports_current_2024_usd": 3787368.208652903,
    "exports_avg_3y_usd": 3708550.7861194075,
    "exports_avg_5y_usd": 6181675.788731634,
    "exports_avg_10y_usd": 8484646.72287655,
    "exports_cagr_3y_pct": -23.29588810251001,
    "exports_cagr_5y_pct": -16.59154855917414,
    "exports_cagr_10y_pct": -15.67692270716452,
    "exports_all_year_lane_avg_usd": 17879154.775426008,
    "exports_historical_lane_peak_usd": 76433473.15018022,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -7.618965395345489,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 1130128.350472897,
    "top_market_share_pct": 17.451481091112182,
    "destination_hhi": 887.6768593891628,
    "weighted_share_latest_pct": 30.233890389208685,
    "weighted_share_change_1y_pp": 5.868855177065912,
    "weighted_volatility_cv": 0.9939402581821829,
    "weighted_max_drawdown_pct": 77.81414818233299,
    "limited_history_lane_share_pct": 45.945945945945944,
    "data_freshness_years": 0,
    "coverage_score": 95,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 721430,
      "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, including those twisted after rolling, of free-cutting steel",
      "hs_chapter": 72,
      "hs_heading": 7214,
      "substitution_elasticity": -13.172369,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, including those twisted after rolling, of free-cutting steel",
    "hs_chapter": 72,
    "hs_heading": 7214,
    "destinations": [
      {
        "hs_code": 721430,
        "corridor_rank": 17,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 1130128.350472897,
        "exports_all_year_avg_usd": 584145.0770673904,
        "exports_avg_3y_usd": 385576.34919411264,
        "exports_avg_5y_usd": 328122.2247476637,
        "exports_avg_10y_usd": 236511.61531197972,
        "exports_cagr_3y_pct": 37.159306334370214,
        "exports_cagr_5y_pct": 20.22756882980532,
        "exports_cagr_10y_pct": 148.69764261982675,
        "exports_historical_peak_usd": 3561496.1791989324,
        "buyer_imports_latest_observed_usd": 71968720.20304179,
        "historical_peak_year": 2002,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": -111.53833628545654,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.5492,
        "buyer_yoy_all_avg_pct": 12.3273,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 1.5703049148081583,
        "market_share_change_1y_pp": 1.5701126613804783,
        "peer_best_share_pct": 46.419454716923,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 3403.76,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6986221465530773,
        "max_drawdown_pct": 99.99649426890709,
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721430,
        "corridor_rank": 20,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 799384.7705176127,
        "exports_all_year_avg_usd": 1490922.4152479616,
        "exports_avg_3y_usd": 440496.5492942882,
        "exports_avg_5y_usd": 280725.43783262,
        "exports_avg_10y_usd": 384977.197372242,
        "exports_cagr_3y_pct": 236.64937950746895,
        "exports_cagr_5y_pct": 38.91807587133427,
        "exports_cagr_10y_pct": 1.6015409648344914,
        "exports_historical_peak_usd": 5607523.679133977,
        "buyer_imports_latest_observed_usd": 19045969.939340603,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 235.04783854263445,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -19.8964,
        "buyer_yoy_all_avg_pct": 9.9631,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 4.197133425410039,
        "market_share_change_1y_pp": 2.324631175192259,
        "peer_best_share_pct": 58.172539574096014,
        "peer_top_exporter": "CHE",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 3681.08,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9340448443641137,
        "max_drawdown_pct": 99.62636177621165,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721430,
        "corridor_rank": 43,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 112476.0553232458,
        "exports_all_year_avg_usd": 2042202.5760813623,
        "exports_avg_3y_usd": 56147.36194098536,
        "exports_avg_5y_usd": 190742.11986578186,
        "exports_avg_10y_usd": 610930.0099140316,
        "exports_cagr_3y_pct": -45.101394662052954,
        "exports_cagr_5y_pct": -31.30215840387813,
        "exports_cagr_10y_pct": -29.497470396510195,
        "exports_historical_peak_usd": 9655685.149281442,
        "buyer_imports_latest_observed_usd": 46194801.56432667,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -15.603924265542759,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -7.8061,
        "buyer_yoy_all_avg_pct": 17.3371,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.24348206186495225,
        "market_share_change_1y_pp": 0.13372280468142334,
        "peer_best_share_pct": 41.86778773038428,
        "peer_top_exporter": "CHE",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 3733.3,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9570789780842066,
        "max_drawdown_pct": 99.98995490960837,
        "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": 721430,
        "corridor_rank": 62,
        "exporter_iso3": "ESP",
        "importer_iso3": "CAN",
        "latest_data_year": 2019,
        "lane_data_years": 15,
        "exports_latest_observed_usd": 15019.750128642165,
        "exports_all_year_avg_usd": 168081.038753203,
        "exports_avg_3y_usd": 12689.388531632132,
        "exports_avg_5y_usd": 8482.833733690568,
        "exports_avg_10y_usd": 6307.2417718935785,
        "exports_cagr_3y_pct": 499.4595063437793,
        "exports_cagr_5y_pct": 21.37183571355079,
        "exports_cagr_10y_pct": -3.7437516355739664,
        "exports_historical_peak_usd": 907757.3050327826,
        "buyer_imports_latest_observed_usd": 17070181.331220217,
        "historical_peak_year": 2005,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": 503.2032579793533,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.6955,
        "buyer_yoy_all_avg_pct": 13.087,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 0.15152537242799322,
        "market_share_change_1y_pp": 0.08431490996207637,
        "peer_best_share_pct": 48.09595120446989,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 3379,
        "distance_km": 6040.498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07329710050202021,
        "tariff_advantage_pp": 0.07145157520060609,
        "volatility_cv": 1.5267349494599716,
        "max_drawdown_pct": 99.99231907720038,
        "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']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 721430,
      "num_markets": 56,
      "highest_price_importer_iso3": "CZE",
      "highest_price_usd_per_ton": 73433.33333333334,
      "lowest_price_importer_iso3": "GRC",
      "lowest_price_usd_per_ton": 28.268299629735118,
      "median_price_across_markets": 1183.4482203685325,
      "price_spread_pct": 6202.642732509653,
      "avg_quantity_metric_tons": 375.16307462686575,
      "total_trade_value_usd": 35640607
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 10071853.793636221,
        "active_destinations": 31,
        "yoy_growth_pct": 36.196581410578524
      },
      {
        "year": 2011,
        "export_value_usd": 30288171.0489232,
        "active_destinations": 38,
        "yoy_growth_pct": 200.72091662073586
      },
      {
        "year": 2012,
        "export_value_usd": 16714663.079705736,
        "active_destinations": 35,
        "yoy_growth_pct": -44.814551355024875
      },
      {
        "year": 2013,
        "export_value_usd": 11958969.136529075,
        "active_destinations": 36,
        "yoy_growth_pct": -28.452227367662775
      },
      {
        "year": 2014,
        "export_value_usd": 20838816.76914161,
        "active_destinations": 33,
        "yoy_growth_pct": 74.25261769000424
      },
      {
        "year": 2015,
        "export_value_usd": 15684717.803767733,
        "active_destinations": 39,
        "yoy_growth_pct": -24.733165143071528
      },
      {
        "year": 2016,
        "export_value_usd": 8091593.984884002,
        "active_destinations": 29,
        "yoy_growth_pct": -48.41096865038742
      },
      {
        "year": 2017,
        "export_value_usd": 9167240.305838184,
        "active_destinations": 31,
        "yoy_growth_pct": 13.293379808275219
      },
      {
        "year": 2018,
        "export_value_usd": 11612713.118348496,
        "active_destinations": 35,
        "yoy_growth_pct": 26.67621586130894
      },
      {
        "year": 2019,
        "export_value_usd": 9381823.07226891,
        "active_destinations": 29,
        "yoy_growth_pct": -19.2107565505489
      },
      {
        "year": 2020,
        "export_value_usd": 11390415.156714415,
        "active_destinations": 26,
        "yoy_growth_pct": 21.40940059275435
      },
      {
        "year": 2021,
        "export_value_usd": 8392311.428585527,
        "active_destinations": 32,
        "yoy_growth_pct": -26.321285808108296
      },
      {
        "year": 2022,
        "export_value_usd": 4471636.349724447,
        "active_destinations": 30,
        "yoy_growth_pct": -46.71746410061293
      },
      {
        "year": 2023,
        "export_value_usd": 2866647.7999808732,
        "active_destinations": 31,
        "yoy_growth_pct": -35.89264475503418
      },
      {
        "year": 2024,
        "export_value_usd": 3787368.2086529024,
        "active_destinations": 30,
        "yoy_growth_pct": 32.1183651747582
      }
    ],
    "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": "721430",
    "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, including those twisted after rolling, of free-cutting steel",
    "hs_chapter": 72,
    "hs_heading": 7214
  },
  "destinations": [
    {
      "hs_code": 721430,
      "corridor_rank": 17,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 23,
      "exports_latest_observed_usd": 1130128.350472897,
      "exports_all_year_avg_usd": 584145.0770673904,
      "exports_avg_3y_usd": 385576.34919411264,
      "exports_avg_5y_usd": 328122.2247476637,
      "exports_avg_10y_usd": 236511.61531197972,
      "exports_cagr_3y_pct": 37.159306334370214,
      "exports_cagr_5y_pct": 20.22756882980532,
      "exports_cagr_10y_pct": 148.69764261982675,
      "exports_historical_peak_usd": 3561496.1791989324,
      "buyer_imports_latest_observed_usd": 71968720.20304179,
      "historical_peak_year": 2002,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": -111.53833628545654,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 9.5492,
      "buyer_yoy_all_avg_pct": 12.3273,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 1.5703049148081583,
      "market_share_change_1y_pp": 1.5701126613804783,
      "peer_best_share_pct": 46.419454716923,
      "peer_top_exporter": "CAN",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 3403.76,
      "distance_km": 5770.26416015625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6986221465530773,
      "max_drawdown_pct": 99.99649426890709,
      "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": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721430,
      "corridor_rank": 20,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 799384.7705176127,
      "exports_all_year_avg_usd": 1490922.4152479616,
      "exports_avg_3y_usd": 440496.5492942882,
      "exports_avg_5y_usd": 280725.43783262,
      "exports_avg_10y_usd": 384977.197372242,
      "exports_cagr_3y_pct": 236.64937950746895,
      "exports_cagr_5y_pct": 38.91807587133427,
      "exports_cagr_10y_pct": 1.6015409648344914,
      "exports_historical_peak_usd": 5607523.679133977,
      "buyer_imports_latest_observed_usd": 19045969.939340603,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 235.04783854263445,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -19.8964,
      "buyer_yoy_all_avg_pct": 9.9631,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 4.197133425410039,
      "market_share_change_1y_pp": 2.324631175192259,
      "peer_best_share_pct": 58.172539574096014,
      "peer_top_exporter": "CHE",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 3681.08,
      "distance_km": 1479.33154296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9340448443641137,
      "max_drawdown_pct": 99.62636177621165,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721430,
      "corridor_rank": 43,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 112476.0553232458,
      "exports_all_year_avg_usd": 2042202.5760813623,
      "exports_avg_3y_usd": 56147.36194098536,
      "exports_avg_5y_usd": 190742.11986578186,
      "exports_avg_10y_usd": 610930.0099140316,
      "exports_cagr_3y_pct": -45.101394662052954,
      "exports_cagr_5y_pct": -31.30215840387813,
      "exports_cagr_10y_pct": -29.497470396510195,
      "exports_historical_peak_usd": 9655685.149281442,
      "buyer_imports_latest_observed_usd": 46194801.56432667,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": -15.603924265542759,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -7.8061,
      "buyer_yoy_all_avg_pct": 17.3371,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.24348206186495225,
      "market_share_change_1y_pp": 0.13372280468142334,
      "peer_best_share_pct": 41.86778773038428,
      "peer_top_exporter": "CHE",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 3733.3,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9570789780842066,
      "max_drawdown_pct": 99.98995490960837,
      "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": 721430,
      "corridor_rank": 62,
      "exporter_iso3": "ESP",
      "importer_iso3": "CAN",
      "latest_data_year": 2019,
      "lane_data_years": 15,
      "exports_latest_observed_usd": 15019.750128642165,
      "exports_all_year_avg_usd": 168081.038753203,
      "exports_avg_3y_usd": 12689.388531632132,
      "exports_avg_5y_usd": 8482.833733690568,
      "exports_avg_10y_usd": 6307.2417718935785,
      "exports_cagr_3y_pct": 499.4595063437793,
      "exports_cagr_5y_pct": 21.37183571355079,
      "exports_cagr_10y_pct": -3.7437516355739664,
      "exports_historical_peak_usd": 907757.3050327826,
      "buyer_imports_latest_observed_usd": 17070181.331220217,
      "historical_peak_year": 2005,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": 503.2032579793533,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 9.6955,
      "buyer_yoy_all_avg_pct": 13.087,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 0.15152537242799322,
      "market_share_change_1y_pp": 0.08431490996207637,
      "peer_best_share_pct": 48.09595120446989,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 12,
      "buyer_market_hhi": 3379,
      "distance_km": 6040.498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07329710050202021,
      "tariff_advantage_pp": 0.07145157520060609,
      "volatility_cv": 1.5267349494599716,
      "max_drawdown_pct": 99.99231907720038,
      "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']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 721430,
    "num_markets": 56,
    "highest_price_importer_iso3": "CZE",
    "highest_price_usd_per_ton": 73433.33333333334,
    "lowest_price_importer_iso3": "GRC",
    "lowest_price_usd_per_ton": 28.268299629735118,
    "median_price_across_markets": 1183.4482203685325,
    "price_spread_pct": 6202.642732509653,
    "avg_quantity_metric_tons": 375.16307462686575,
    "total_trade_value_usd": 35640607
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 10071853.793636221,
      "active_destinations": 31,
      "yoy_growth_pct": 36.196581410578524
    },
    {
      "year": 2011,
      "export_value_usd": 30288171.0489232,
      "active_destinations": 38,
      "yoy_growth_pct": 200.72091662073586
    },
    {
      "year": 2012,
      "export_value_usd": 16714663.079705736,
      "active_destinations": 35,
      "yoy_growth_pct": -44.814551355024875
    },
    {
      "year": 2013,
      "export_value_usd": 11958969.136529075,
      "active_destinations": 36,
      "yoy_growth_pct": -28.452227367662775
    },
    {
      "year": 2014,
      "export_value_usd": 20838816.76914161,
      "active_destinations": 33,
      "yoy_growth_pct": 74.25261769000424
    },
    {
      "year": 2015,
      "export_value_usd": 15684717.803767733,
      "active_destinations": 39,
      "yoy_growth_pct": -24.733165143071528
    },
    {
      "year": 2016,
      "export_value_usd": 8091593.984884002,
      "active_destinations": 29,
      "yoy_growth_pct": -48.41096865038742
    },
    {
      "year": 2017,
      "export_value_usd": 9167240.305838184,
      "active_destinations": 31,
      "yoy_growth_pct": 13.293379808275219
    },
    {
      "year": 2018,
      "export_value_usd": 11612713.118348496,
      "active_destinations": 35,
      "yoy_growth_pct": 26.67621586130894
    },
    {
      "year": 2019,
      "export_value_usd": 9381823.07226891,
      "active_destinations": 29,
      "yoy_growth_pct": -19.2107565505489
    },
    {
      "year": 2020,
      "export_value_usd": 11390415.156714415,
      "active_destinations": 26,
      "yoy_growth_pct": 21.40940059275435
    },
    {
      "year": 2021,
      "export_value_usd": 8392311.428585527,
      "active_destinations": 32,
      "yoy_growth_pct": -26.321285808108296
    },
    {
      "year": 2022,
      "export_value_usd": 4471636.349724447,
      "active_destinations": 30,
      "yoy_growth_pct": -46.71746410061293
    },
    {
      "year": 2023,
      "export_value_usd": 2866647.7999808732,
      "active_destinations": 31,
      "yoy_growth_pct": -35.89264475503418
    },
    {
      "year": 2024,
      "export_value_usd": 3787368.2086529024,
      "active_destinations": 30,
      "yoy_growth_pct": 32.1183651747582
    }
  ],
  "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
  }
}
```