{
  "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/722860",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/722860",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/722860",
    "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": "722860",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 137,
    "current_lane_count": 47,
    "active_market_count": 47,
    "exports_latest_observed_lanes_usd": 7309295.380222473,
    "exports_current_2024_usd": 6211924.1496866215,
    "exports_avg_3y_usd": 7372821.52040875,
    "exports_avg_5y_usd": 6504066.862205905,
    "exports_avg_10y_usd": 8242799.309792293,
    "exports_cagr_3y_pct": 6.07507489607515,
    "exports_cagr_5y_pct": -1.0674729046634357,
    "exports_cagr_10y_pct": -4.0581040352040905,
    "exports_all_year_lane_avg_usd": 7518845.628035692,
    "exports_historical_lane_peak_usd": 39469592.15787314,
    "historical_peak_year": 2010,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 10.13317893127924,
    "trend_label": "Growing",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 2531727.4371998254,
    "top_market_share_pct": 34.637092982316545,
    "destination_hhi": 2041.549904631897,
    "weighted_share_latest_pct": 13.78368647586423,
    "weighted_share_change_1y_pp": -0.4136456046718039,
    "weighted_volatility_cv": 1.3619984243182708,
    "weighted_max_drawdown_pct": 87.70805891082058,
    "limited_history_lane_share_pct": 38.68613138686131,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 722860,
      "hs_description": "Steel, alloy: bars and rods n.e.s. in heading no. 7228",
      "hs_chapter": 72,
      "hs_heading": 7228,
      "substitution_elasticity": -17.620474,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, alloy: bars and rods n.e.s. in heading no. 7228",
    "hs_chapter": 72,
    "hs_heading": 7228,
    "destinations": [
      {
        "hs_code": 722860,
        "corridor_rank": 31,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2531727.4371998254,
        "exports_all_year_avg_usd": 463086.5256498851,
        "exports_avg_3y_usd": 2561100.101391609,
        "exports_avg_5y_usd": 1862790.2882124088,
        "exports_avg_10y_usd": 1205682.3329224335,
        "exports_cagr_3y_pct": 57.37321830996369,
        "exports_cagr_5y_pct": 33.2614800236412,
        "exports_cagr_10y_pct": 27.53800987190802,
        "exports_historical_peak_usd": 3685303.8583501303,
        "buyer_imports_latest_observed_usd": 21036176.58963556,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 29.83520843805567,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 5.1487,
        "buyer_yoy_all_avg_pct": 9.7574,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 12.035112114656792,
        "market_share_change_1y_pp": -6.385775786632168,
        "peer_best_share_pct": 32.676929302202794,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 1778.84,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.7252169403672508,
        "max_drawdown_pct": 97.39859207687783,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 722860,
        "corridor_rank": 37,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 1921848.49021552,
        "exports_all_year_avg_usd": 626811.9595187608,
        "exports_avg_3y_usd": 2034843.4593877334,
        "exports_avg_5y_usd": 1726797.2300853014,
        "exports_avg_10y_usd": 1657329.4183532526,
        "exports_cagr_3y_pct": 2.811726760223676,
        "exports_cagr_5y_pct": 1.949914293735211,
        "exports_cagr_10y_pct": 54.69839045487011,
        "exports_historical_peak_usd": 2185281.004908397,
        "buyer_imports_latest_observed_usd": 56439117.3631555,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 53.57142857142857,
        "trend_acceleration_pct": -51.88666369464643,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -17.0669,
        "buyer_yoy_all_avg_pct": 11.6922,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 3.405171058663894,
        "market_share_change_1y_pp": 0.19406204441781938,
        "peer_best_share_pct": 17.87547258195299,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 1108.64,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.2661923223131304,
        "max_drawdown_pct": 95.76622646904849,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 722860,
        "corridor_rank": 80,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 557674.5220983191,
        "exports_all_year_avg_usd": 261179.82917418145,
        "exports_avg_3y_usd": 824519.2430512033,
        "exports_avg_5y_usd": 700441.4838580356,
        "exports_avg_10y_usd": 484871.1536171121,
        "exports_cagr_3y_pct": -14.484552628093661,
        "exports_cagr_5y_pct": 26.164447033964123,
        "exports_cagr_10y_pct": 7.483041817008984,
        "exports_historical_peak_usd": 1304487.5866109517,
        "buyer_imports_latest_observed_usd": 27582598.080086462,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 59.25925925925926,
        "trend_acceleration_pct": -21.967594445102645,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -31.4202,
        "buyer_yoy_all_avg_pct": 11.7431,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 2.021834638198705,
        "market_share_change_1y_pp": 0.5016961567739733,
        "peer_best_share_pct": 35.171368698388655,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 2879.04,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1183196380757323,
        "max_drawdown_pct": 93.71964707372268,
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 722860,
        "corridor_rank": 91,
        "exporter_iso3": "ESP",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 454063.1977117249,
        "exports_all_year_avg_usd": 112114.40735681716,
        "exports_avg_3y_usd": 269616.597394874,
        "exports_avg_5y_usd": 164117.0112864586,
        "exports_avg_10y_usd": 92741.19444793373,
        "exports_cagr_3y_pct": 353.1871473896312,
        "exports_cagr_5y_pct": 121.97462464814618,
        "exports_cagr_10y_pct": 30.70012939595226,
        "exports_historical_peak_usd": 454063.1977117249,
        "buyer_imports_latest_observed_usd": 21099709.185045406,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": 322.48701799367893,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -18.5683,
        "buyer_yoy_all_avg_pct": 13.3675,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 2.1519879431966102,
        "market_share_change_1y_pp": 1.0325107135046436,
        "peer_best_share_pct": 53.11431712606522,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 3144.91,
        "distance_km": 6040.498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07329710050202021,
        "tariff_advantage_pp": 0.07145157520060609,
        "volatility_cv": 1.1983870337118767,
        "max_drawdown_pct": 98.77664991860384,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 722860,
      "num_markets": 85,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 1174210.5263157894,
      "lowest_price_importer_iso3": "CPV",
      "lowest_price_usd_per_ton": 13.9,
      "median_price_across_markets": 3257.3885008060183,
      "price_spread_pct": 36047.177855059126,
      "avg_quantity_metric_tons": 126.50937860082306,
      "total_trade_value_usd": 49448945
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 13129652.593599306,
        "active_destinations": 50,
        "yoy_growth_pct": 347.84668810542337
      },
      {
        "year": 2011,
        "export_value_usd": 10939136.153687382,
        "active_destinations": 56,
        "yoy_growth_pct": -16.683734960206024
      },
      {
        "year": 2012,
        "export_value_usd": 11610497.221298967,
        "active_destinations": 54,
        "yoy_growth_pct": 6.137240255349422
      },
      {
        "year": 2013,
        "export_value_usd": 9867554.681953846,
        "active_destinations": 51,
        "yoy_growth_pct": -15.011782063456907
      },
      {
        "year": 2014,
        "export_value_usd": 9400331.702677742,
        "active_destinations": 50,
        "yoy_growth_pct": -4.73494188109825
      },
      {
        "year": 2015,
        "export_value_usd": 10868333.555575458,
        "active_destinations": 54,
        "yoy_growth_pct": 15.616489921090205
      },
      {
        "year": 2016,
        "export_value_usd": 10740737.39645864,
        "active_destinations": 59,
        "yoy_growth_pct": -1.1740176952092234
      },
      {
        "year": 2017,
        "export_value_usd": 10214297.453072844,
        "active_destinations": 58,
        "yoy_growth_pct": -4.90133893003818
      },
      {
        "year": 2018,
        "export_value_usd": 11529925.260355666,
        "active_destinations": 57,
        "yoy_growth_pct": 12.880257436472364
      },
      {
        "year": 2019,
        "export_value_usd": 6554365.121430803,
        "active_destinations": 56,
        "yoy_growth_pct": -43.153446588528716
      },
      {
        "year": 2020,
        "export_value_usd": 5197284.783314787,
        "active_destinations": 47,
        "yoy_growth_pct": -20.704985349058013
      },
      {
        "year": 2021,
        "export_value_usd": 5204584.966488486,
        "active_destinations": 55,
        "yoy_growth_pct": 0.14046148090894695
      },
      {
        "year": 2022,
        "export_value_usd": 7292713.782819466,
        "active_destinations": 54,
        "yoy_growth_pct": 40.12094777539644
      },
      {
        "year": 2023,
        "export_value_usd": 8613826.628720164,
        "active_destinations": 52,
        "yoy_growth_pct": 18.115517559636597
      },
      {
        "year": 2024,
        "export_value_usd": 6211924.1496866215,
        "active_destinations": 47,
        "yoy_growth_pct": -27.884267730965647
      }
    ],
    "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": "722860",
    "hs_description": "Steel, alloy: bars and rods n.e.s. in heading no. 7228",
    "hs_chapter": 72,
    "hs_heading": 7228
  },
  "destinations": [
    {
      "hs_code": 722860,
      "corridor_rank": 31,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2531727.4371998254,
      "exports_all_year_avg_usd": 463086.5256498851,
      "exports_avg_3y_usd": 2561100.101391609,
      "exports_avg_5y_usd": 1862790.2882124088,
      "exports_avg_10y_usd": 1205682.3329224335,
      "exports_cagr_3y_pct": 57.37321830996369,
      "exports_cagr_5y_pct": 33.2614800236412,
      "exports_cagr_10y_pct": 27.53800987190802,
      "exports_historical_peak_usd": 3685303.8583501303,
      "buyer_imports_latest_observed_usd": 21036176.58963556,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 29.83520843805567,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 5.1487,
      "buyer_yoy_all_avg_pct": 9.7574,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 12.035112114656792,
      "market_share_change_1y_pp": -6.385775786632168,
      "peer_best_share_pct": 32.676929302202794,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 1778.84,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.7252169403672508,
      "max_drawdown_pct": 97.39859207687783,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 722860,
      "corridor_rank": 37,
      "exporter_iso3": "ESP",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 1921848.49021552,
      "exports_all_year_avg_usd": 626811.9595187608,
      "exports_avg_3y_usd": 2034843.4593877334,
      "exports_avg_5y_usd": 1726797.2300853014,
      "exports_avg_10y_usd": 1657329.4183532526,
      "exports_cagr_3y_pct": 2.811726760223676,
      "exports_cagr_5y_pct": 1.949914293735211,
      "exports_cagr_10y_pct": 54.69839045487011,
      "exports_historical_peak_usd": 2185281.004908397,
      "buyer_imports_latest_observed_usd": 56439117.3631555,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 53.57142857142857,
      "trend_acceleration_pct": -51.88666369464643,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -17.0669,
      "buyer_yoy_all_avg_pct": 11.6922,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 3.405171058663894,
      "market_share_change_1y_pp": 0.19406204441781938,
      "peer_best_share_pct": 17.87547258195299,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 1108.64,
      "distance_km": 1479.33154296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.2661923223131304,
      "max_drawdown_pct": 95.76622646904849,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 722860,
      "corridor_rank": 80,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 557674.5220983191,
      "exports_all_year_avg_usd": 261179.82917418145,
      "exports_avg_3y_usd": 824519.2430512033,
      "exports_avg_5y_usd": 700441.4838580356,
      "exports_avg_10y_usd": 484871.1536171121,
      "exports_cagr_3y_pct": -14.484552628093661,
      "exports_cagr_5y_pct": 26.164447033964123,
      "exports_cagr_10y_pct": 7.483041817008984,
      "exports_historical_peak_usd": 1304487.5866109517,
      "buyer_imports_latest_observed_usd": 27582598.080086462,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 59.25925925925926,
      "trend_acceleration_pct": -21.967594445102645,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -31.4202,
      "buyer_yoy_all_avg_pct": 11.7431,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 2.021834638198705,
      "market_share_change_1y_pp": 0.5016961567739733,
      "peer_best_share_pct": 35.171368698388655,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 2879.04,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1183196380757323,
      "max_drawdown_pct": 93.71964707372268,
      "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": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 722860,
      "corridor_rank": 91,
      "exporter_iso3": "ESP",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 27,
      "exports_latest_observed_usd": 454063.1977117249,
      "exports_all_year_avg_usd": 112114.40735681716,
      "exports_avg_3y_usd": 269616.597394874,
      "exports_avg_5y_usd": 164117.0112864586,
      "exports_avg_10y_usd": 92741.19444793373,
      "exports_cagr_3y_pct": 353.1871473896312,
      "exports_cagr_5y_pct": 121.97462464814618,
      "exports_cagr_10y_pct": 30.70012939595226,
      "exports_historical_peak_usd": 454063.1977117249,
      "buyer_imports_latest_observed_usd": 21099709.185045406,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": 322.48701799367893,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -18.5683,
      "buyer_yoy_all_avg_pct": 13.3675,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 2.1519879431966102,
      "market_share_change_1y_pp": 1.0325107135046436,
      "peer_best_share_pct": 53.11431712606522,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 3144.91,
      "distance_km": 6040.498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07329710050202021,
      "tariff_advantage_pp": 0.07145157520060609,
      "volatility_cv": 1.1983870337118767,
      "max_drawdown_pct": 98.77664991860384,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 722860,
    "num_markets": 85,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 1174210.5263157894,
    "lowest_price_importer_iso3": "CPV",
    "lowest_price_usd_per_ton": 13.9,
    "median_price_across_markets": 3257.3885008060183,
    "price_spread_pct": 36047.177855059126,
    "avg_quantity_metric_tons": 126.50937860082306,
    "total_trade_value_usd": 49448945
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 13129652.593599306,
      "active_destinations": 50,
      "yoy_growth_pct": 347.84668810542337
    },
    {
      "year": 2011,
      "export_value_usd": 10939136.153687382,
      "active_destinations": 56,
      "yoy_growth_pct": -16.683734960206024
    },
    {
      "year": 2012,
      "export_value_usd": 11610497.221298967,
      "active_destinations": 54,
      "yoy_growth_pct": 6.137240255349422
    },
    {
      "year": 2013,
      "export_value_usd": 9867554.681953846,
      "active_destinations": 51,
      "yoy_growth_pct": -15.011782063456907
    },
    {
      "year": 2014,
      "export_value_usd": 9400331.702677742,
      "active_destinations": 50,
      "yoy_growth_pct": -4.73494188109825
    },
    {
      "year": 2015,
      "export_value_usd": 10868333.555575458,
      "active_destinations": 54,
      "yoy_growth_pct": 15.616489921090205
    },
    {
      "year": 2016,
      "export_value_usd": 10740737.39645864,
      "active_destinations": 59,
      "yoy_growth_pct": -1.1740176952092234
    },
    {
      "year": 2017,
      "export_value_usd": 10214297.453072844,
      "active_destinations": 58,
      "yoy_growth_pct": -4.90133893003818
    },
    {
      "year": 2018,
      "export_value_usd": 11529925.260355666,
      "active_destinations": 57,
      "yoy_growth_pct": 12.880257436472364
    },
    {
      "year": 2019,
      "export_value_usd": 6554365.121430803,
      "active_destinations": 56,
      "yoy_growth_pct": -43.153446588528716
    },
    {
      "year": 2020,
      "export_value_usd": 5197284.783314787,
      "active_destinations": 47,
      "yoy_growth_pct": -20.704985349058013
    },
    {
      "year": 2021,
      "export_value_usd": 5204584.966488486,
      "active_destinations": 55,
      "yoy_growth_pct": 0.14046148090894695
    },
    {
      "year": 2022,
      "export_value_usd": 7292713.782819466,
      "active_destinations": 54,
      "yoy_growth_pct": 40.12094777539644
    },
    {
      "year": 2023,
      "export_value_usd": 8613826.628720164,
      "active_destinations": 52,
      "yoy_growth_pct": 18.115517559636597
    },
    {
      "year": 2024,
      "export_value_usd": 6211924.1496866215,
      "active_destinations": 47,
      "yoy_growth_pct": -27.884267730965647
    }
  ],
  "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
  }
}