{
  "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/851511",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851511",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/851511",
    "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": "851511",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 156,
    "current_lane_count": 103,
    "active_market_count": 103,
    "exports_latest_observed_lanes_usd": 20542083.914876014,
    "exports_current_2024_usd": 20182950.483131804,
    "exports_avg_3y_usd": 19666050.376972016,
    "exports_avg_5y_usd": 17451895.45889433,
    "exports_avg_10y_usd": 14728440.90798537,
    "exports_cagr_3y_pct": 8.452116816642974,
    "exports_cagr_5y_pct": 8.121651534252305,
    "exports_cagr_10y_pct": 3.9591742601852165,
    "exports_all_year_lane_avg_usd": 10357221.30821658,
    "exports_historical_lane_peak_usd": 32416355.01208903,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 4.492942556457757,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 5975981.745534664,
    "top_market_share_pct": 29.0914094709107,
    "destination_hhi": 1368.0096875458312,
    "weighted_share_latest_pct": 15.787648671447586,
    "weighted_share_change_1y_pp": 0.8012986176977193,
    "weighted_volatility_cv": 0.9606706803969876,
    "weighted_max_drawdown_pct": 74.16758841736085,
    "limited_history_lane_share_pct": 26.28205128205128,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 851511,
      "hs_description": "Brazing or soldering machines and apparatus: soldering irons and guns, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -2.6214576,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Brazing or soldering machines and apparatus: soldering irons and guns, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [
      {
        "hs_code": 851511,
        "corridor_rank": 4,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 5975981.745534664,
        "exports_all_year_avg_usd": 1356164.9631822393,
        "exports_avg_3y_usd": 4776820.904093794,
        "exports_avg_5y_usd": 3870477.64062222,
        "exports_avg_10y_usd": 2781318.135559735,
        "exports_cagr_3y_pct": 31.200791321803823,
        "exports_cagr_5y_pct": 17.07658644416743,
        "exports_cagr_10y_pct": 18.41231501764873,
        "exports_historical_peak_usd": 5975981.745534664,
        "buyer_imports_latest_observed_usd": 44506355.24426098,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 67.85714285714286,
        "trend_acceleration_pct": 12.788476304155093,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.6008,
        "buyer_yoy_all_avg_pct": 5.8615,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 13.42725485548551,
        "market_share_change_1y_pp": 1.180158969495782,
        "peer_best_share_pct": 36.335663073601985,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 50,
        "buyer_market_hhi": 2600.29,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.065475269539084,
        "max_drawdown_pct": 72.35832779770274,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851511,
        "corridor_rank": 8,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4006699.9676399915,
        "exports_all_year_avg_usd": 2799294.592748039,
        "exports_avg_3y_usd": 4693438.534684371,
        "exports_avg_5y_usd": 4228065.53664964,
        "exports_avg_10y_usd": 3853172.4578650654,
        "exports_cagr_3y_pct": -0.8589593371904902,
        "exports_cagr_5y_pct": 3.0598680669263967,
        "exports_cagr_10y_pct": -3.2277133657393153,
        "exports_historical_peak_usd": 5614992.737264661,
        "buyer_imports_latest_observed_usd": 21345987.708301406,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 2.368754028548825,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -15.7038,
        "buyer_yoy_all_avg_pct": 4.9452,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 18.77027206420528,
        "market_share_change_1y_pp": -3.4035571778051477,
        "peer_best_share_pct": 43.82855243595854,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 56,
        "buyer_market_hhi": 2574.83,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6444400335891827,
        "max_drawdown_pct": 52.331113178744104,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851511,
        "corridor_rank": 21,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 648472.9328167732,
        "exports_all_year_avg_usd": 454601.1807710839,
        "exports_avg_3y_usd": 876354.591814423,
        "exports_avg_5y_usd": 728396.7642194027,
        "exports_avg_10y_usd": 521328.9489109112,
        "exports_cagr_3y_pct": -3.965912149342554,
        "exports_cagr_5y_pct": 18.875367175547943,
        "exports_cagr_10y_pct": 3.509283350266257,
        "exports_historical_peak_usd": 1058002.3647389954,
        "buyer_imports_latest_observed_usd": 10240642.964636387,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -7.475195499608811,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -20.8732,
        "buyer_yoy_all_avg_pct": 4.4917,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 6.332345879610483,
        "market_share_change_1y_pp": -0.7962586762332542,
        "peer_best_share_pct": 58.332709565792015,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 3889.6,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5603664827317963,
        "max_drawdown_pct": 72.38003192285059,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851511,
        "corridor_rank": 22,
        "exporter_iso3": "ESP",
        "importer_iso3": "MEX",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 551764.9356665289,
        "exports_all_year_avg_usd": 322696.29566427623,
        "exports_avg_3y_usd": 892012.50516213,
        "exports_avg_5y_usd": 758624.0985528792,
        "exports_avg_10y_usd": 687177.3653245411,
        "exports_cagr_3y_pct": -5.246217516543394,
        "exports_cagr_5y_pct": -7.604799945518737,
        "exports_cagr_10y_pct": 8.303037312244598,
        "exports_historical_peak_usd": 1070225.5615366958,
        "buyer_imports_latest_observed_usd": 10287646.933019405,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 68,
        "trend_acceleration_pct": -13.549254828787992,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -15.2978,
        "buyer_yoy_all_avg_pct": 9.5878,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 5.363373561116049,
        "market_share_change_1y_pp": -3.4482074997770162,
        "peer_best_share_pct": 48.7280565381769,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 81,
        "buyer_market_hhi": 3003.52,
        "distance_km": 9073.951171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.10968114655848483,
        "tariff_advantage_pp": 0.13100950524598787,
        "volatility_cv": 1.0023215860950352,
        "max_drawdown_pct": 95.67269879336861,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851511,
        "corridor_rank": 34,
        "exporter_iso3": "ESP",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 246191.47644598494,
        "exports_all_year_avg_usd": 190108.76691586015,
        "exports_avg_3y_usd": 195848.54798008825,
        "exports_avg_5y_usd": 170868.9628521983,
        "exports_avg_10y_usd": 185902.32002426047,
        "exports_cagr_3y_pct": 24.018555435323186,
        "exports_cagr_5y_pct": 16.921353630475757,
        "exports_cagr_10y_pct": -4.381931060617161,
        "exports_historical_peak_usd": 492786.7278884861,
        "buyer_imports_latest_observed_usd": 11188687.779710641,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 28.40048649594035,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -25.0417,
        "buyer_yoy_all_avg_pct": 8.8751,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.2003605900275813,
        "market_share_change_1y_pp": 0.6983257373128395,
        "peer_best_share_pct": 48.09982677422843,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 50,
        "buyer_market_hhi": 2943.06,
        "distance_km": 1481.3658447265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6762231371111087,
        "max_drawdown_pct": 77.1363882339213,
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 851511,
      "num_markets": 127,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 1863500,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 203.82165605095543,
      "median_price_across_markets": 73050,
      "price_spread_pct": 2550.7134542696085,
      "avg_quantity_metric_tons": 2.550475687103594,
      "total_trade_value_usd": 75841686
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 8933829.893560775,
        "active_destinations": 86,
        "yoy_growth_pct": 24.147191825502055
      },
      {
        "year": 2011,
        "export_value_usd": 10020638.029966649,
        "active_destinations": 87,
        "yoy_growth_pct": 12.16508652340931
      },
      {
        "year": 2012,
        "export_value_usd": 10759167.204092572,
        "active_destinations": 95,
        "yoy_growth_pct": 7.370081345293149
      },
      {
        "year": 2013,
        "export_value_usd": 12043512.145904286,
        "active_destinations": 93,
        "yoy_growth_pct": 11.93721519006764
      },
      {
        "year": 2014,
        "export_value_usd": 13688518.333340969,
        "active_destinations": 99,
        "yoy_growth_pct": 13.658857711171162
      },
      {
        "year": 2015,
        "export_value_usd": 11853339.426641176,
        "active_destinations": 95,
        "yoy_growth_pct": -13.406702332639384
      },
      {
        "year": 2016,
        "export_value_usd": 11799285.85058533,
        "active_destinations": 103,
        "yoy_growth_pct": -0.4560198110446091
      },
      {
        "year": 2017,
        "export_value_usd": 9832306.821348436,
        "active_destinations": 100,
        "yoy_growth_pct": -16.670322713974404
      },
      {
        "year": 2018,
        "export_value_usd": 12880924.344593566,
        "active_destinations": 98,
        "yoy_growth_pct": 31.00612682901439
      },
      {
        "year": 2019,
        "export_value_usd": 13659075.342213564,
        "active_destinations": 92,
        "yoy_growth_pct": 6.041111466869274
      },
      {
        "year": 2020,
        "export_value_usd": 12438991.901904967,
        "active_destinations": 100,
        "yoy_growth_pct": -8.932401423527638
      },
      {
        "year": 2021,
        "export_value_usd": 15822334.261650644,
        "active_destinations": 100,
        "yoy_growth_pct": 27.199490010340277
      },
      {
        "year": 2022,
        "export_value_usd": 17473489.51433326,
        "active_destinations": 102,
        "yoy_growth_pct": 10.435598347107353
      },
      {
        "year": 2023,
        "export_value_usd": 21341711.13345097,
        "active_destinations": 102,
        "yoy_growth_pct": 22.13765954387452
      },
      {
        "year": 2024,
        "export_value_usd": 20182950.48313181,
        "active_destinations": 103,
        "yoy_growth_pct": -5.429558309890715
      }
    ],
    "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": "851511",
    "hs_description": "Brazing or soldering machines and apparatus: soldering irons and guns, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [
    {
      "hs_code": 851511,
      "corridor_rank": 4,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 5975981.745534664,
      "exports_all_year_avg_usd": 1356164.9631822393,
      "exports_avg_3y_usd": 4776820.904093794,
      "exports_avg_5y_usd": 3870477.64062222,
      "exports_avg_10y_usd": 2781318.135559735,
      "exports_cagr_3y_pct": 31.200791321803823,
      "exports_cagr_5y_pct": 17.07658644416743,
      "exports_cagr_10y_pct": 18.41231501764873,
      "exports_historical_peak_usd": 5975981.745534664,
      "buyer_imports_latest_observed_usd": 44506355.24426098,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 67.85714285714286,
      "trend_acceleration_pct": 12.788476304155093,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.6008,
      "buyer_yoy_all_avg_pct": 5.8615,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 13.42725485548551,
      "market_share_change_1y_pp": 1.180158969495782,
      "peer_best_share_pct": 36.335663073601985,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 50,
      "buyer_market_hhi": 2600.29,
      "distance_km": 5770.26416015625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.065475269539084,
      "max_drawdown_pct": 72.35832779770274,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
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