{
  "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/851610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851610",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/851610",
    "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": "851610",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 169,
    "current_lane_count": 124,
    "active_market_count": 124,
    "exports_latest_observed_lanes_usd": 31698564.93985446,
    "exports_current_2024_usd": 31336476.812375642,
    "exports_avg_3y_usd": 33751250.69379125,
    "exports_avg_5y_usd": 33495361.050431974,
    "exports_avg_10y_usd": 25604353.131794482,
    "exports_cagr_3y_pct": -5.330148185910377,
    "exports_cagr_5y_pct": 7.839378010133657,
    "exports_cagr_10y_pct": 9.097016742864938,
    "exports_all_year_lane_avg_usd": 21065860.128380638,
    "exports_historical_lane_peak_usd": 85279906.00156601,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -14.427164928775316,
    "trend_label": "Declining",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 11536641.389186336,
    "top_market_share_pct": 36.39483809780098,
    "destination_hhi": 1663.4376635691642,
    "weighted_share_latest_pct": 15.883363512427163,
    "weighted_share_change_1y_pp": 3.1850597516867594,
    "weighted_volatility_cv": 1.018054599565495,
    "weighted_max_drawdown_pct": 80.88402388150527,
    "limited_history_lane_share_pct": 14.792899408284024,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 851610,
      "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -3.2050343,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [
      {
        "hs_code": 851610,
        "corridor_rank": 60,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 11536641.389186336,
        "exports_all_year_avg_usd": 5858544.419451503,
        "exports_avg_3y_usd": 10626458.663439436,
        "exports_avg_5y_usd": 11931765.053725481,
        "exports_avg_10y_usd": 10353782.266733054,
        "exports_cagr_3y_pct": -3.5310480859499616,
        "exports_cagr_5y_pct": -1.1240049059192847,
        "exports_cagr_10y_pct": 7.468603968503018,
        "exports_historical_peak_usd": 14929047.320307042,
        "buyer_imports_latest_observed_usd": 29697064.82419587,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -10.99965205445298,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -2.4012,
        "buyer_yoy_all_avg_pct": 9.0961,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 38.84774962603976,
        "market_share_change_1y_pp": 8.357533309820457,
        "peer_best_share_pct": 38.84774962603976,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 2249.64,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6823280848072247,
        "max_drawdown_pct": 58.18897178757466,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 851610,
      "num_markets": 147,
      "highest_price_importer_iso3": "BRA",
      "highest_price_usd_per_ton": 639750,
      "lowest_price_importer_iso3": "MLI",
      "lowest_price_usd_per_ton": 37.5,
      "median_price_across_markets": 12748.12030075188,
      "price_spread_pct": 5018.092745502801,
      "avg_quantity_metric_tons": 41.300258122743685,
      "total_trade_value_usd": 132144500
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 23109258.89240791,
        "active_destinations": 105,
        "yoy_growth_pct": -8.602670808913967
      },
      {
        "year": 2011,
        "export_value_usd": 28768991.679455835,
        "active_destinations": 101,
        "yoy_growth_pct": 24.491191229448383
      },
      {
        "year": 2012,
        "export_value_usd": 24526034.675199933,
        "active_destinations": 108,
        "yoy_growth_pct": -14.748368839377262
      },
      {
        "year": 2013,
        "export_value_usd": 24282453.311349805,
        "active_destinations": 109,
        "yoy_growth_pct": -0.9931542830950607
      },
      {
        "year": 2014,
        "export_value_usd": 13119624.859074412,
        "active_destinations": 115,
        "yoy_growth_pct": -45.97076048760609
      },
      {
        "year": 2015,
        "export_value_usd": 13621905.956645476,
        "active_destinations": 124,
        "yoy_growth_pct": 3.828471491878463
      },
      {
        "year": 2016,
        "export_value_usd": 14540101.357954908,
        "active_destinations": 116,
        "yoy_growth_pct": 6.740579506507963
      },
      {
        "year": 2017,
        "export_value_usd": 15517524.339487145,
        "active_destinations": 115,
        "yoy_growth_pct": 6.722257001306852
      },
      {
        "year": 2018,
        "export_value_usd": 23400812.282384172,
        "active_destinations": 125,
        "yoy_growth_pct": 50.80248479350908
      },
      {
        "year": 2019,
        "export_value_usd": 21486382.129313283,
        "active_destinations": 112,
        "yoy_growth_pct": -8.181041452616785
      },
      {
        "year": 2020,
        "export_value_usd": 29290011.604591478,
        "active_destinations": 114,
        "yoy_growth_pct": 36.318955086589085
      },
      {
        "year": 2021,
        "export_value_usd": 36933041.56619461,
        "active_destinations": 114,
        "yoy_growth_pct": 26.094322067134367
      },
      {
        "year": 2022,
        "export_value_usd": 38110735.60223639,
        "active_destinations": 114,
        "yoy_growth_pct": 3.188727454063093
      },
      {
        "year": 2023,
        "export_value_usd": 31806539.66676171,
        "active_destinations": 124,
        "yoy_growth_pct": -16.54178497437541
      },
      {
        "year": 2024,
        "export_value_usd": 31336476.812375642,
        "active_destinations": 124,
        "yoy_growth_pct": -1.477881150577632
      }
    ],
    "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": "851610",
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [
    {
      "hs_code": 851610,
      "corridor_rank": 60,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 11536641.389186336,
      "exports_all_year_avg_usd": 5858544.419451503,
      "exports_avg_3y_usd": 10626458.663439436,
      "exports_avg_5y_usd": 11931765.053725481,
      "exports_avg_10y_usd": 10353782.266733054,
      "exports_cagr_3y_pct": -3.5310480859499616,
      "exports_cagr_5y_pct": -1.1240049059192847,
      "exports_cagr_10y_pct": 7.468603968503018,
      "exports_historical_peak_usd": 14929047.320307042,
      "buyer_imports_latest_observed_usd": 29697064.82419587,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -10.99965205445298,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -2.4012,
      "buyer_yoy_all_avg_pct": 9.0961,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 38.84774962603976,
      "market_share_change_1y_pp": 8.357533309820457,
      "peer_best_share_pct": 38.84774962603976,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 2249.64,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6823280848072247,
      "max_drawdown_pct": 58.18897178757466,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 851610,
    "num_markets": 147,
    "highest_price_importer_iso3": "BRA",
    "highest_price_usd_per_ton": 639750,
    "lowest_price_importer_iso3": "MLI",
    "lowest_price_usd_per_ton": 37.5,
    "median_price_across_markets": 12748.12030075188,
    "price_spread_pct": 5018.092745502801,
    "avg_quantity_metric_tons": 41.300258122743685,
    "total_trade_value_usd": 132144500
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 23109258.89240791,
      "active_destinations": 105,
      "yoy_growth_pct": -8.602670808913967
    },
    {
      "year": 2011,
      "export_value_usd": 28768991.679455835,
      "active_destinations": 101,
      "yoy_growth_pct": 24.491191229448383
    },
    {
      "year": 2012,
      "export_value_usd": 24526034.675199933,
      "active_destinations": 108,
      "yoy_growth_pct": -14.748368839377262
    },
    {
      "year": 2013,
      "export_value_usd": 24282453.311349805,
      "active_destinations": 109,
      "yoy_growth_pct": -0.9931542830950607
    },
    {
      "year": 2014,
      "export_value_usd": 13119624.859074412,
      "active_destinations": 115,
      "yoy_growth_pct": -45.97076048760609
    },
    {
      "year": 2015,
      "export_value_usd": 13621905.956645476,
      "active_destinations": 124,
      "yoy_growth_pct": 3.828471491878463
    },
    {
      "year": 2016,
      "export_value_usd": 14540101.357954908,
      "active_destinations": 116,
      "yoy_growth_pct": 6.740579506507963
    },
    {
      "year": 2017,
      "export_value_usd": 15517524.339487145,
      "active_destinations": 115,
      "yoy_growth_pct": 6.722257001306852
    },
    {
      "year": 2018,
      "export_value_usd": 23400812.282384172,
      "active_destinations": 125,
      "yoy_growth_pct": 50.80248479350908
    },
    {
      "year": 2019,
      "export_value_usd": 21486382.129313283,
      "active_destinations": 112,
      "yoy_growth_pct": -8.181041452616785
    },
    {
      "year": 2020,
      "export_value_usd": 29290011.604591478,
      "active_destinations": 114,
      "yoy_growth_pct": 36.318955086589085
    },
    {
      "year": 2021,
      "export_value_usd": 36933041.56619461,
      "active_destinations": 114,
      "yoy_growth_pct": 26.094322067134367
    },
    {
      "year": 2022,
      "export_value_usd": 38110735.60223639,
      "active_destinations": 114,
      "yoy_growth_pct": 3.188727454063093
    },
    {
      "year": 2023,
      "export_value_usd": 31806539.66676171,
      "active_destinations": 124,
      "yoy_growth_pct": -16.54178497437541
    },
    {
      "year": 2024,
      "export_value_usd": 31336476.812375642,
      "active_destinations": 124,
      "yoy_growth_pct": -1.477881150577632
    }
  ],
  "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
  }
}