{
  "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/721923",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721923",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/721923",
    "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": "721923",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 118,
    "current_lane_count": 44,
    "active_market_count": 44,
    "exports_latest_observed_lanes_usd": 15849456.279295744,
    "exports_current_2024_usd": 12044286.234649843,
    "exports_avg_3y_usd": 23225784.876339287,
    "exports_avg_5y_usd": 24141422.45279439,
    "exports_avg_10y_usd": 24286353.5277816,
    "exports_cagr_3y_pct": -27.93192251955151,
    "exports_cagr_5y_pct": -12.155773782140923,
    "exports_cagr_10y_pct": -10.139052695692218,
    "exports_all_year_lane_avg_usd": 30551169.19205209,
    "exports_historical_lane_peak_usd": 104947874.81052263,
    "historical_peak_year": 2006,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -17.79286982385929,
    "trend_label": "Rapid decline",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 2446063.988731312,
    "top_market_share_pct": 15.433109790186448,
    "destination_hhi": 884.7661023503111,
    "weighted_share_latest_pct": 17.954115072835027,
    "weighted_share_change_1y_pp": -4.1616033557226935,
    "weighted_volatility_cv": 0.8194577689612528,
    "weighted_max_drawdown_pct": 79.5013818394263,
    "limited_history_lane_share_pct": 29.661016949152543,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 721923,
      "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 3mm or more but less than 4.75mm",
      "hs_chapter": 72,
      "hs_heading": 7219,
      "substitution_elasticity": -11.709638,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 3mm or more but less than 4.75mm",
    "hs_chapter": 72,
    "hs_heading": 7219,
    "destinations": [
      {
        "hs_code": 721923,
        "corridor_rank": 18,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2446063.988731312,
        "exports_all_year_avg_usd": 7463157.879265056,
        "exports_avg_3y_usd": 4707006.688356634,
        "exports_avg_5y_usd": 4960200.377473986,
        "exports_avg_10y_usd": 5626065.79967275,
        "exports_cagr_3y_pct": -28.47465426336887,
        "exports_cagr_5y_pct": -16.292124684467446,
        "exports_cagr_10y_pct": -14.522952506169007,
        "exports_historical_peak_usd": 18553569.903983105,
        "buyer_imports_latest_observed_usd": 24534055.632119637,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -13.951701757199862,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -1.6186,
        "buyer_yoy_all_avg_pct": 5.1016,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 9.970075985027766,
        "market_share_change_1y_pp": -6.984804068993451,
        "peer_best_share_pct": 43.563834911371295,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2398.81,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6253354801219368,
        "max_drawdown_pct": 86.8162084095407,
        "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": 721923,
        "corridor_rank": 19,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2318249.5667696353,
        "exports_all_year_avg_usd": 6270022.179099497,
        "exports_avg_3y_usd": 4636044.907463328,
        "exports_avg_5y_usd": 4886168.897592943,
        "exports_avg_10y_usd": 4270308.452029544,
        "exports_cagr_3y_pct": -31.998011266053428,
        "exports_cagr_5y_pct": -4.904210975622513,
        "exports_cagr_10y_pct": -13.867759991062389,
        "exports_historical_peak_usd": 20438719.33154582,
        "buyer_imports_latest_observed_usd": 39486964.02723489,
        "historical_peak_year": 2006,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -18.13025127499104,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -1.8416,
        "buyer_yoy_all_avg_pct": 5.2524,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 5.870923794421612,
        "market_share_change_1y_pp": -9.697401425278247,
        "peer_best_share_pct": 46.15364412750164,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 2433.63,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.713095215220321,
        "max_drawdown_pct": 88.65755956053681,
        "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": 721923,
        "corridor_rank": 25,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1905551.5977319928,
        "exports_all_year_avg_usd": 2298832.4244015156,
        "exports_avg_3y_usd": 4494695.110876102,
        "exports_avg_5y_usd": 4596811.3152316185,
        "exports_avg_10y_usd": 3935952.776864049,
        "exports_cagr_3y_pct": -33.055142369816906,
        "exports_cagr_5y_pct": -16.296240270332298,
        "exports_cagr_10y_pct": -3.8646822179370766,
        "exports_historical_peak_usd": 7303388.529524525,
        "buyer_imports_latest_observed_usd": 23751090.0297554,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -29.19046015187983,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -8.9667,
        "buyer_yoy_all_avg_pct": 10.8135,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 8.023006924502054,
        "market_share_change_1y_pp": -8.36278941154592,
        "peer_best_share_pct": 24.993595461527963,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 1363.73,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8052559884051815,
        "max_drawdown_pct": 73.90866458728507,
        "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": 721923,
        "corridor_rank": 36,
        "exporter_iso3": "ESP",
        "importer_iso3": "RUS",
        "latest_data_year": 2023,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 1230262.816801237,
        "exports_all_year_avg_usd": 1630228.728006149,
        "exports_avg_3y_usd": 1250025.600365407,
        "exports_avg_5y_usd": 1200691.276458929,
        "exports_avg_10y_usd": 2745508.352293579,
        "exports_cagr_3y_pct": 4.778054898939632,
        "exports_cagr_5y_pct": -19.86045501585987,
        "exports_cagr_10y_pct": -9.370452147879881,
        "exports_historical_peak_usd": 6707608.833876904,
        "buyer_imports_latest_observed_usd": 20384050.753595505,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 46.15384615384615,
        "trend_acceleration_pct": 14.148507046819514,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -41.7379,
        "buyer_yoy_all_avg_pct": 51.9952,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.5163618653472404,
        "market_share_change_1y_pp": -2.4353001431740027,
        "peer_best_share_pct": 90.53016607479249,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 7,
        "buyer_market_hhi": 8270.21,
        "distance_km": 3449.299560546875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.11425769714942528,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1911691290500084,
        "max_drawdown_pct": 97.6861119773546,
        "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','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721923,
        "corridor_rank": 53,
        "exporter_iso3": "ESP",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 545368.1165700003,
        "exports_all_year_avg_usd": 1193305.4683283318,
        "exports_avg_3y_usd": 653758.5977124382,
        "exports_avg_5y_usd": 1021782.7057442281,
        "exports_avg_10y_usd": 958711.1974616863,
        "exports_cagr_3y_pct": -35.60934394456077,
        "exports_cagr_5y_pct": -20.561612457035107,
        "exports_cagr_10y_pct": -10.365729333422834,
        "exports_historical_peak_usd": 4096365.6013517627,
        "buyer_imports_latest_observed_usd": 15084433.346615553,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 52.17391304347826,
        "trend_acceleration_pct": -25.243614611137936,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -9.5656,
        "buyer_yoy_all_avg_pct": 13.1142,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 3.6154365499739693,
        "market_share_change_1y_pp": -0.11333825467466596,
        "peer_best_share_pct": 27.09375160811548,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 1422.1,
        "distance_km": 2293.0048828125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.04607734616949498,
        "volatility_cv": 0.8274301271865712,
        "max_drawdown_pct": 88.19773541739075,
        "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": 721923,
        "corridor_rank": 56,
        "exporter_iso3": "ESP",
        "importer_iso3": "CZE",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 468177.54659924045,
        "exports_all_year_avg_usd": 390181.17030923866,
        "exports_avg_3y_usd": 621675.4027364191,
        "exports_avg_5y_usd": 644964.8347128782,
        "exports_avg_10y_usd": 566594.5854009567,
        "exports_cagr_3y_pct": -17.819550589290444,
        "exports_cagr_5y_pct": 15.806561328221026,
        "exports_cagr_10y_pct": -5.318798250248246,
        "exports_historical_peak_usd": 916316.5862912635,
        "buyer_imports_latest_observed_usd": 11829092.690862805,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": -12.500752339042197,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 0.3614,
        "buyer_yoy_all_avg_pct": 12.1138,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 3.957848322220662,
        "market_share_change_1y_pp": -0.11912334318073547,
        "peer_best_share_pct": 39.400332475693,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 1950.68,
        "distance_km": 1776.3475341796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.026038070801587307,
        "tariff_advantage_pp": 0.026038070801587307,
        "volatility_cv": 0.6817959628416626,
        "max_drawdown_pct": 72.66225291217697,
        "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": 721923,
        "corridor_rank": 88,
        "exporter_iso3": "ESP",
        "importer_iso3": "IDN",
        "latest_data_year": 2018,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 152527.9956466609,
        "exports_all_year_avg_usd": 572356.9419425502,
        "exports_avg_3y_usd": 100053.31333235593,
        "exports_avg_5y_usd": 87731.32463636958,
        "exports_avg_10y_usd": 60635.13981614709,
        "exports_cagr_3y_pct": 44.29812960517945,
        "exports_cagr_5y_pct": 126.82546617375618,
        "exports_cagr_10y_pct": -5.033639771404175,
        "exports_historical_peak_usd": 2777582.772978167,
        "buyer_imports_latest_observed_usd": 16307962.276112122,
        "historical_peak_year": 1996,
        "positive_growth_year_share_pct": 45.45454545454545,
        "trend_acceleration_pct": 49.33176937658362,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 1.173,
        "buyer_yoy_all_avg_pct": 12.146,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.4032385961891448,
        "market_share_change_1y_pp": -0.3871865603903356,
        "peer_best_share_pct": 51.28433066081595,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 3884.95,
        "distance_km": 12188.310546875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.17946165427272728,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2236622883153114,
        "max_drawdown_pct": 99.96562113661727,
        "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','long_distance_without_fta']",
        "signal_flag": "Slowing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721923,
        "corridor_rank": 90,
        "exporter_iso3": "ESP",
        "importer_iso3": "BEL",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 145427.29506895645,
        "exports_all_year_avg_usd": 134393.03768637936,
        "exports_avg_3y_usd": 165180.69022185143,
        "exports_avg_5y_usd": 141680.57120876093,
        "exports_avg_10y_usd": 111134.20393742362,
        "exports_cagr_3y_pct": 22.637579067741378,
        "exports_cagr_5y_pct": 11.266575298840653,
        "exports_cagr_10y_pct": 6.488980829870061,
        "exports_historical_peak_usd": 793899.0536851401,
        "buyer_imports_latest_observed_usd": 10209220.59632756,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 16.148598237871315,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -2.1706,
        "buyer_yoy_all_avg_pct": 10.9181,
        "buyer_trend_consistency_pct": 56,
        "market_share_latest_pct": 1.4244701022649,
        "market_share_change_1y_pp": -1.0985623854472766,
        "peer_best_share_pct": 29.32035868172936,
        "peer_top_exporter": "IND",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 1882.4,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1167717100929937,
        "max_drawdown_pct": 98.48529247038768,
        "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": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 721923,
      "num_markets": 80,
      "highest_price_importer_iso3": "QAT",
      "highest_price_usd_per_ton": 296000,
      "lowest_price_importer_iso3": "CPV",
      "lowest_price_usd_per_ton": 1219.6339434276206,
      "median_price_across_markets": 3189.7574485062214,
      "price_spread_pct": 9241.466500677643,
      "avg_quantity_metric_tons": 165.67044939271253,
      "total_trade_value_usd": 120717190
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 38088427.576765426,
        "active_destinations": 47,
        "yoy_growth_pct": 50.863869660311956
      },
      {
        "year": 2011,
        "export_value_usd": 49754229.30295648,
        "active_destinations": 47,
        "yoy_growth_pct": 30.62820512261678
      },
      {
        "year": 2012,
        "export_value_usd": 38527778.0586378,
        "active_destinations": 54,
        "yoy_growth_pct": -22.563812969466667
      },
      {
        "year": 2013,
        "export_value_usd": 29950360.443881214,
        "active_destinations": 57,
        "yoy_growth_pct": -22.262943899079993
      },
      {
        "year": 2014,
        "export_value_usd": 35080933.5815557,
        "active_destinations": 51,
        "yoy_growth_pct": 17.130255067506713
      },
      {
        "year": 2015,
        "export_value_usd": 27570874.22854805,
        "active_destinations": 54,
        "yoy_growth_pct": -21.407809274939513
      },
      {
        "year": 2016,
        "export_value_usd": 23018111.122417226,
        "active_destinations": 56,
        "yoy_growth_pct": -16.512944306338678
      },
      {
        "year": 2017,
        "export_value_usd": 26264586.171107754,
        "active_destinations": 57,
        "yoy_growth_pct": 14.10400284986374
      },
      {
        "year": 2018,
        "export_value_usd": 22277039.213912018,
        "active_destinations": 48,
        "yoy_growth_pct": -15.18221886770948
      },
      {
        "year": 2019,
        "export_value_usd": 23025812.277858954,
        "active_destinations": 58,
        "yoy_growth_pct": 3.361187529262539
      },
      {
        "year": 2020,
        "export_value_usd": 18852260.693687394,
        "active_destinations": 54,
        "yoy_growth_pct": -18.12553465566443
      },
      {
        "year": 2021,
        "export_value_usd": 32177496.941266723,
        "active_destinations": 49,
        "yoy_growth_pct": 70.68243148176512
      },
      {
        "year": 2022,
        "export_value_usd": 33334694.229429774,
        "active_destinations": 44,
        "yoy_growth_pct": 3.596293677768884
      },
      {
        "year": 2023,
        "export_value_usd": 24298374.164938234,
        "active_destinations": 49,
        "yoy_growth_pct": -27.107853464315745
      },
      {
        "year": 2024,
        "export_value_usd": 12044286.234649844,
        "active_destinations": 44,
        "yoy_growth_pct": -50.43171961674145
      }
    ],
    "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": "721923",
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 3mm or more but less than 4.75mm",
    "hs_chapter": 72,
    "hs_heading": 7219
  },
  "destinations": [
    {
      "hs_code": 721923,
      "corridor_rank": 18,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2446063.988731312,
      "exports_all_year_avg_usd": 7463157.879265056,
      "exports_avg_3y_usd": 4707006.688356634,
      "exports_avg_5y_usd": 4960200.377473986,
      "exports_avg_10y_usd": 5626065.79967275,
      "exports_cagr_3y_pct": -28.47465426336887,
      "exports_cagr_5y_pct": -16.292124684467446,
      "exports_cagr_10y_pct": -14.522952506169007,
      "exports_historical_peak_usd": 18553569.903983105,
      "buyer_imports_latest_observed_usd": 24534055.632119637,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -13.951701757199862,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -1.6186,
      "buyer_yoy_all_avg_pct": 5.1016,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 9.970075985027766,
      "market_share_change_1y_pp": -6.984804068993451,
      "peer_best_share_pct": 43.563834911371295,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2398.81,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6253354801219368,
      "max_drawdown_pct": 86.8162084095407,
      "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": 721923,
      "corridor_rank": 19,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2318249.5667696353,
      "exports_all_year_avg_usd": 6270022.179099497,
      "exports_avg_3y_usd": 4636044.907463328,
      "exports_avg_5y_usd": 4886168.897592943,
      "exports_avg_10y_usd": 4270308.452029544,
      "exports_cagr_3y_pct": -31.998011266053428,
      "exports_cagr_5y_pct": -4.904210975622513,
      "exports_cagr_10y_pct": -13.867759991062389,
      "exports_historical_peak_usd": 20438719.33154582,
      "buyer_imports_latest_observed_usd": 39486964.02723489,
      "historical_peak_year": 2006,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -18.13025127499104,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -1.8416,
      "buyer_yoy_all_avg_pct": 5.2524,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 5.870923794421612,
      "market_share_change_1y_pp": -9.697401425278247,
      "peer_best_share_pct": 46.15364412750164,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 2433.63,
      "distance_km": 1479.33154296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.713095215220321,
      "max_drawdown_pct": 88.65755956053681,
      "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": 721923,
      "corridor_rank": 25,
      "exporter_iso3": "ESP",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1905551.5977319928,
      "exports_all_year_avg_usd": 2298832.4244015156,
      "exports_avg_3y_usd": 4494695.110876102,
      "exports_avg_5y_usd": 4596811.3152316185,
      "exports_avg_10y_usd": 3935952.776864049,
      "exports_cagr_3y_pct": -33.055142369816906,
      "exports_cagr_5y_pct": -16.296240270332298,
      "exports_cagr_10y_pct": -3.8646822179370766,
      "exports_historical_peak_usd": 7303388.529524525,
      "buyer_imports_latest_observed_usd": 23751090.0297554,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": -29.19046015187983,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -8.9667,
      "buyer_yoy_all_avg_pct": 10.8135,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 8.023006924502054,
      "market_share_change_1y_pp": -8.36278941154592,
      "peer_best_share_pct": 24.993595461527963,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 1363.73,
      "distance_km": 1263.3787841796875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8052559884051815,
      "max_drawdown_pct": 73.90866458728507,
      "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": 721923,
      "corridor_rank": 36,
      "exporter_iso3": "ESP",
      "importer_iso3": "RUS",
      "latest_data_year": 2023,
      "lane_data_years": 27,
      "exports_latest_observed_usd": 1230262.816801237,
      "exports_all_year_avg_usd": 1630228.728006149,
      "exports_avg_3y_usd": 1250025.600365407,
      "exports_avg_5y_usd": 1200691.276458929,
      "exports_avg_10y_usd": 2745508.352293579,
      "exports_cagr_3y_pct": 4.778054898939632,
      "exports_cagr_5y_pct": -19.86045501585987,
      "exports_cagr_10y_pct": -9.370452147879881,
      "exports_historical_peak_usd": 6707608.833876904,
      "buyer_imports_latest_observed_usd": 20384050.753595505,
      "historical_peak_year": 2017,
      "positive_growth_year_share_pct": 46.15384615384615,
      "trend_acceleration_pct": 14.148507046819514,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -41.7379,
      "buyer_yoy_all_avg_pct": 51.9952,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 3.5163618653472404,
      "market_share_change_1y_pp": -2.4353001431740027,
      "peer_best_share_pct": 90.53016607479249,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 7,
      "buyer_market_hhi": 8270.21,
      "distance_km": 3449.299560546875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.11425769714942528,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.1911691290500084,
      "max_drawdown_pct": 97.6861119773546,
      "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','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721923,
      "corridor_rank": 53,
      "exporter_iso3": "ESP",
      "importer_iso3": "POL",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 545368.1165700003,
      "exports_all_year_avg_usd": 1193305.4683283318,
      "exports_avg_3y_usd": 653758.5977124382,
      "exports_avg_5y_usd": 1021782.7057442281,
      "exports_avg_10y_usd": 958711.1974616863,
      "exports_cagr_3y_pct": -35.60934394456077,
      "exports_cagr_5y_pct": -20.561612457035107,
      "exports_cagr_10y_pct": -10.365729333422834,
      "exports_historical_peak_usd": 4096365.6013517627,
      "buyer_imports_latest_observed_usd": 15084433.346615553,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 52.17391304347826,
      "trend_acceleration_pct": -25.243614611137936,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -9.5656,
      "buyer_yoy_all_avg_pct": 13.1142,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 3.6154365499739693,
      "market_share_change_1y_pp": -0.11333825467466596,
      "peer_best_share_pct": 27.09375160811548,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 1422.1,
      "distance_km": 2293.0048828125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.08183472355387879,
      "tariff_advantage_pp": 0.04607734616949498,
      "volatility_cv": 0.8274301271865712,
      "max_drawdown_pct": 88.19773541739075,
      "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": 721923,
      "corridor_rank": 56,
      "exporter_iso3": "ESP",
      "importer_iso3": "CZE",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 468177.54659924045,
      "exports_all_year_avg_usd": 390181.17030923866,
      "exports_avg_3y_usd": 621675.4027364191,
      "exports_avg_5y_usd": 644964.8347128782,
      "exports_avg_10y_usd": 566594.5854009567,
      "exports_cagr_3y_pct": -17.819550589290444,
      "exports_cagr_5y_pct": 15.806561328221026,
      "exports_cagr_10y_pct": -5.318798250248246,
      "exports_historical_peak_usd": 916316.5862912635,
      "buyer_imports_latest_observed_usd": 11829092.690862805,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": -12.500752339042197,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 0.3614,
      "buyer_yoy_all_avg_pct": 12.1138,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 3.957848322220662,
      "market_share_change_1y_pp": -0.11912334318073547,
      "peer_best_share_pct": 39.400332475693,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 1950.68,
      "distance_km": 1776.3475341796875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.026038070801587307,
      "tariff_advantage_pp": 0.026038070801587307,
      "volatility_cv": 0.6817959628416626,
      "max_drawdown_pct": 72.66225291217697,
      "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": 721923,
      "corridor_rank": 88,
      "exporter_iso3": "ESP",
      "importer_iso3": "IDN",
      "latest_data_year": 2018,
      "lane_data_years": 23,
      "exports_latest_observed_usd": 152527.9956466609,
      "exports_all_year_avg_usd": 572356.9419425502,
      "exports_avg_3y_usd": 100053.31333235593,
      "exports_avg_5y_usd": 87731.32463636958,
      "exports_avg_10y_usd": 60635.13981614709,
      "exports_cagr_3y_pct": 44.29812960517945,
      "exports_cagr_5y_pct": 126.82546617375618,
      "exports_cagr_10y_pct": -5.033639771404175,
      "exports_historical_peak_usd": 2777582.772978167,
      "buyer_imports_latest_observed_usd": 16307962.276112122,
      "historical_peak_year": 1996,
      "positive_growth_year_share_pct": 45.45454545454545,
      "trend_acceleration_pct": 49.33176937658362,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 1.173,
      "buyer_yoy_all_avg_pct": 12.146,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.4032385961891448,
      "market_share_change_1y_pp": -0.3871865603903356,
      "peer_best_share_pct": 51.28433066081595,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 3884.95,
      "distance_km": 12188.310546875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.17946165427272728,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2236622883153114,
      "max_drawdown_pct": 99.96562113661727,
      "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','long_distance_without_fta']",
      "signal_flag": "Slowing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721923,
      "corridor_rank": 90,
      "exporter_iso3": "ESP",
      "importer_iso3": "BEL",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 145427.29506895645,
      "exports_all_year_avg_usd": 134393.03768637936,
      "exports_avg_3y_usd": 165180.69022185143,
      "exports_avg_5y_usd": 141680.57120876093,
      "exports_avg_10y_usd": 111134.20393742362,
      "exports_cagr_3y_pct": 22.637579067741378,
      "exports_cagr_5y_pct": 11.266575298840653,
      "exports_cagr_10y_pct": 6.488980829870061,
      "exports_historical_peak_usd": 793899.0536851401,
      "buyer_imports_latest_observed_usd": 10209220.59632756,
      "historical_peak_year": 1999,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 16.148598237871315,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -2.1706,
      "buyer_yoy_all_avg_pct": 10.9181,
      "buyer_trend_consistency_pct": 56,
      "market_share_latest_pct": 1.4244701022649,
      "market_share_change_1y_pp": -1.0985623854472766,
      "peer_best_share_pct": 29.32035868172936,
      "peer_top_exporter": "IND",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 1882.4,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1167717100929937,
      "max_drawdown_pct": 98.48529247038768,
      "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": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 721923,
    "num_markets": 80,
    "highest_price_importer_iso3": "QAT",
    "highest_price_usd_per_ton": 296000,
    "lowest_price_importer_iso3": "CPV",
    "lowest_price_usd_per_ton": 1219.6339434276206,
    "median_price_across_markets": 3189.7574485062214,
    "price_spread_pct": 9241.466500677643,
    "avg_quantity_metric_tons": 165.67044939271253,
    "total_trade_value_usd": 120717190
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 38088427.576765426,
      "active_destinations": 47,
      "yoy_growth_pct": 50.863869660311956
    },
    {
      "year": 2011,
      "export_value_usd": 49754229.30295648,
      "active_destinations": 47,
      "yoy_growth_pct": 30.62820512261678
    },
    {
      "year": 2012,
      "export_value_usd": 38527778.0586378,
      "active_destinations": 54,
      "yoy_growth_pct": -22.563812969466667
    },
    {
      "year": 2013,
      "export_value_usd": 29950360.443881214,
      "active_destinations": 57,
      "yoy_growth_pct": -22.262943899079993
    },
    {
      "year": 2014,
      "export_value_usd": 35080933.5815557,
      "active_destinations": 51,
      "yoy_growth_pct": 17.130255067506713
    },
    {
      "year": 2015,
      "export_value_usd": 27570874.22854805,
      "active_destinations": 54,
      "yoy_growth_pct": -21.407809274939513
    },
    {
      "year": 2016,
      "export_value_usd": 23018111.122417226,
      "active_destinations": 56,
      "yoy_growth_pct": -16.512944306338678
    },
    {
      "year": 2017,
      "export_value_usd": 26264586.171107754,
      "active_destinations": 57,
      "yoy_growth_pct": 14.10400284986374
    },
    {
      "year": 2018,
      "export_value_usd": 22277039.213912018,
      "active_destinations": 48,
      "yoy_growth_pct": -15.18221886770948
    },
    {
      "year": 2019,
      "export_value_usd": 23025812.277858954,
      "active_destinations": 58,
      "yoy_growth_pct": 3.361187529262539
    },
    {
      "year": 2020,
      "export_value_usd": 18852260.693687394,
      "active_destinations": 54,
      "yoy_growth_pct": -18.12553465566443
    },
    {
      "year": 2021,
      "export_value_usd": 32177496.941266723,
      "active_destinations": 49,
      "yoy_growth_pct": 70.68243148176512
    },
    {
      "year": 2022,
      "export_value_usd": 33334694.229429774,
      "active_destinations": 44,
      "yoy_growth_pct": 3.596293677768884
    },
    {
      "year": 2023,
      "export_value_usd": 24298374.164938234,
      "active_destinations": 49,
      "yoy_growth_pct": -27.107853464315745
    },
    {
      "year": 2024,
      "export_value_usd": 12044286.234649844,
      "active_destinations": 44,
      "yoy_growth_pct": -50.43171961674145
    }
  ],
  "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
  }
}