{
  "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/853190",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/853190",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/853190",
    "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": "853190",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 174,
    "current_lane_count": 128,
    "active_market_count": 128,
    "exports_latest_observed_lanes_usd": 202968182.05124372,
    "exports_current_2024_usd": 200826831.09896076,
    "exports_avg_3y_usd": 171502941.11458865,
    "exports_avg_5y_usd": 158200982.3789937,
    "exports_avg_10y_usd": 120061903.87484321,
    "exports_cagr_3y_pct": 10.714252685672188,
    "exports_cagr_5y_pct": 15.062000672204402,
    "exports_cagr_10y_pct": 7.402146741031124,
    "exports_all_year_lane_avg_usd": 74728259.27180064,
    "exports_historical_lane_peak_usd": 348196859.47082454,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 72.41379310344827,
    "trend_acceleration_pct": 3.312105944641064,
    "trend_label": "Rapid growth",
    "top_market_iso3": "ITA",
    "top_market_exports_usd": 67515242.77746654,
    "top_market_share_pct": 33.26395403217478,
    "destination_hhi": 1848.1958166119564,
    "weighted_share_latest_pct": 35.43547726266723,
    "weighted_share_change_1y_pp": 9.403930162352786,
    "weighted_volatility_cv": 1.4921404127465605,
    "weighted_max_drawdown_pct": 89.55844504084266,
    "limited_history_lane_share_pct": 22.413793103448278,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 853190,
      "hs_description": "Signalling apparatus: parts of the electric, sound or visual apparatus of heading no. 8531",
      "hs_chapter": 85,
      "hs_heading": 8531,
      "substitution_elasticity": -14.788704,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Signalling apparatus: parts of the electric, sound or visual apparatus of heading no. 8531",
    "hs_chapter": 85,
    "hs_heading": 8531,
    "destinations": [
      {
        "hs_code": 853190,
        "corridor_rank": 8,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 67515242.77746654,
        "exports_all_year_avg_usd": 8869371.260077987,
        "exports_avg_3y_usd": 51437203.32971063,
        "exports_avg_5y_usd": 39412064.14391668,
        "exports_avg_10y_usd": 23559563.52178495,
        "exports_cagr_3y_pct": 37.89806372299467,
        "exports_cagr_5y_pct": 32.918893070698815,
        "exports_cagr_10y_pct": 36.50234629605287,
        "exports_historical_peak_usd": 67515242.77746654,
        "buyer_imports_latest_observed_usd": 151886077.99707004,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 75.86206896551724,
        "trend_acceleration_pct": 1.3957174269418005,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 13.8715,
        "buyer_yoy_all_avg_pct": 6.0349,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 44.451238499139414,
        "market_share_change_1y_pp": 8.641400848458659,
        "peer_best_share_pct": 44.45123849913943,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 2479.41,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.7743922872544373,
        "max_drawdown_pct": 85.88754141726422,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 853190,
        "corridor_rank": 13,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 45299024.9666487,
        "exports_all_year_avg_usd": 11091407.983489143,
        "exports_avg_3y_usd": 17173692.828717437,
        "exports_avg_5y_usd": 17039759.831300877,
        "exports_avg_10y_usd": 13718673.96628742,
        "exports_cagr_3y_pct": 152.8936790485214,
        "exports_cagr_5y_pct": 75.75602822385659,
        "exports_cagr_10y_pct": 1.1401322864863062,
        "exports_historical_peak_usd": 45299024.9666487,
        "buyer_imports_latest_observed_usd": 158702074.52240446,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 151.75354676203509,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 27.7565,
        "buyer_yoy_all_avg_pct": 2.9073,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 28.54343593363281,
        "market_share_change_1y_pp": 25.471346770768832,
        "peer_best_share_pct": 28.5434359336328,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 74,
        "buyer_market_hhi": 1702.65,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.2554021682655085,
        "max_drawdown_pct": 97.02873590357727,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 853190,
        "corridor_rank": 35,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 22384947.764435362,
        "exports_all_year_avg_usd": 11696953.02865587,
        "exports_avg_3y_usd": 16482204.102680689,
        "exports_avg_5y_usd": 13106312.264286075,
        "exports_avg_10y_usd": 12621145.516492303,
        "exports_cagr_3y_pct": 32.76718245003225,
        "exports_cagr_5y_pct": 23.208695458310746,
        "exports_cagr_10y_pct": 0.555471867243873,
        "exports_historical_peak_usd": 22578015.440726522,
        "buyer_imports_latest_observed_usd": 37699984.48155101,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 32.21171058278838,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 20.5799,
        "buyer_yoy_all_avg_pct": 5.501,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 59.37654371022284,
        "market_share_change_1y_pp": 3.4490452210531473,
        "peer_best_share_pct": 59.37654371022284,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 3939.97,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5736619795042484,
        "max_drawdown_pct": 74.29803457728359,
        "attention_level": "High attention",
        "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": 853190,
        "corridor_rank": 65,
        "exporter_iso3": "ESP",
        "importer_iso3": "SWE",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 13444359.0266113,
        "exports_all_year_avg_usd": 2224408.4263346037,
        "exports_avg_3y_usd": 15081555.734297568,
        "exports_avg_5y_usd": 11924255.245923331,
        "exports_avg_10y_usd": 6213686.059083692,
        "exports_cagr_3y_pct": 5.786427320968501,
        "exports_cagr_5y_pct": 58.784524506928015,
        "exports_cagr_10y_pct": 37.501843492742125,
        "exports_historical_peak_usd": 17191549.921787377,
        "buyer_imports_latest_observed_usd": 58678338.83507339,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -31.715416171773626,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -2.9411,
        "buyer_yoy_all_avg_pct": 4.2593,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 22.91196256321983,
        "market_share_change_1y_pp": -5.524296019022838,
        "peer_best_share_pct": 22.911962563219834,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 1136.84,
        "distance_km": 2596.90771484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.020748499880808083,
        "tariff_advantage_pp": 0.020748499880808083,
        "volatility_cv": 2.1468786549560304,
        "max_drawdown_pct": 93.49517293288991,
        "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": 853190,
        "corridor_rank": 72,
        "exporter_iso3": "ESP",
        "importer_iso3": "MYS",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 11827384.82234518,
        "exports_all_year_avg_usd": 926833.0911326136,
        "exports_avg_3y_usd": 7257204.366427888,
        "exports_avg_5y_usd": 4392938.088965258,
        "exports_avg_10y_usd": 2366956.8035032703,
        "exports_cagr_3y_pct": 309.76614269430127,
        "exports_cagr_5y_pct": 61.66376119227171,
        "exports_cagr_10y_pct": 114.49229501509248,
        "exports_historical_peak_usd": 11827384.82234518,
        "buyer_imports_latest_observed_usd": 43712026.89903951,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68,
        "trend_acceleration_pct": 195.27384767920879,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -5.14,
        "buyer_yoy_all_avg_pct": 15.9341,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 27.057507192843232,
        "market_share_change_1y_pp": 11.309635576701204,
        "peer_best_share_pct": 27.05750719284323,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 49,
        "buyer_market_hhi": 1506.23,
        "distance_km": 11084.6552734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.1339099772020202,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.8305380712545007,
        "max_drawdown_pct": 98.50543014434122,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 853190,
        "corridor_rank": 76,
        "exporter_iso3": "ESP",
        "importer_iso3": "LKA",
        "latest_data_year": 2024,
        "lane_data_years": 17,
        "exports_latest_observed_usd": 10869867.467171077,
        "exports_all_year_avg_usd": 13728931.266562529,
        "exports_avg_3y_usd": 30958715.096502375,
        "exports_avg_5y_usd": 34230533.925780945,
        "exports_avg_10y_usd": 23335482.70731885,
        "exports_cagr_3y_pct": -38.57659665682207,
        "exports_cagr_5y_pct": -17.97125629423061,
        "exports_cagr_10y_pct": 88.05736904985375,
        "exports_historical_peak_usd": 46905375.87479622,
        "buyer_imports_latest_observed_usd": 18103812.999925304,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 43.75,
        "trend_acceleration_pct": -126.63396570667581,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -62.5747,
        "buyer_yoy_all_avg_pct": 46.5756,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 60.04186779445813,
        "market_share_change_1y_pp": -13.30796778221999,
        "peer_best_share_pct": 60.041867794458135,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 38,
        "buyer_market_hhi": 4654.03,
        "distance_km": 8975.7646484375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.21977370466262622,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3057082498349584,
        "max_drawdown_pct": 99.95267467472016,
        "attention_level": "Critical 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','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 853190,
      "num_markets": 150,
      "highest_price_importer_iso3": "OMN",
      "highest_price_usd_per_ton": 18040000,
      "lowest_price_importer_iso3": "HND",
      "lowest_price_usd_per_ton": 187.5,
      "median_price_across_markets": 83523.8578680203,
      "price_spread_pct": 21598.394710772933,
      "avg_quantity_metric_tons": 36.19064705882354,
      "total_trade_value_usd": 637434752
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 51953344.67150497,
        "active_destinations": 113,
        "yoy_growth_pct": 12.64483237808887
      },
      {
        "year": 2011,
        "export_value_usd": 66426000.37396201,
        "active_destinations": 120,
        "yoy_growth_pct": 27.857024016386205
      },
      {
        "year": 2012,
        "export_value_usd": 72008221.87161879,
        "active_destinations": 125,
        "yoy_growth_pct": 8.403669446045607
      },
      {
        "year": 2013,
        "export_value_usd": 89978636.33764108,
        "active_destinations": 127,
        "yoy_growth_pct": 24.956059181771177
      },
      {
        "year": 2014,
        "export_value_usd": 98331375.59352908,
        "active_destinations": 128,
        "yoy_growth_pct": 9.283024944437583
      },
      {
        "year": 2015,
        "export_value_usd": 92610683.38400842,
        "active_destinations": 121,
        "yoy_growth_pct": -5.817768921659544
      },
      {
        "year": 2016,
        "export_value_usd": 77084935.71433915,
        "active_destinations": 125,
        "yoy_growth_pct": -16.764532019801706
      },
      {
        "year": 2017,
        "export_value_usd": 51334907.96305289,
        "active_destinations": 125,
        "yoy_growth_pct": -33.404747001036036
      },
      {
        "year": 2018,
        "export_value_usd": 89005890.92021404,
        "active_destinations": 129,
        "yoy_growth_pct": 73.3827807469217
      },
      {
        "year": 2019,
        "export_value_usd": 99577708.8718493,
        "active_destinations": 129,
        "yoy_growth_pct": 11.877660952927219
      },
      {
        "year": 2020,
        "export_value_usd": 128513323.89736944,
        "active_destinations": 121,
        "yoy_growth_pct": 29.05832575718186
      },
      {
        "year": 2021,
        "export_value_usd": 147982764.65383315,
        "active_destinations": 122,
        "yoy_growth_pct": 15.149744918287208
      },
      {
        "year": 2022,
        "export_value_usd": 152519218.48052993,
        "active_destinations": 126,
        "yoy_growth_pct": 3.0655285007741453
      },
      {
        "year": 2023,
        "export_value_usd": 161162773.7642752,
        "active_destinations": 126,
        "yoy_growth_pct": 5.6671909086976235
      },
      {
        "year": 2024,
        "export_value_usd": 200826831.09896085,
        "active_destinations": 128,
        "yoy_growth_pct": 24.611178132674922
      }
    ],
    "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": "853190",
    "hs_description": "Signalling apparatus: parts of the electric, sound or visual apparatus of heading no. 8531",
    "hs_chapter": 85,
    "hs_heading": 8531
  },
  "destinations": [
    {
      "hs_code": 853190,
      "corridor_rank": 8,
      "exporter_iso3": "ESP",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 67515242.77746654,
      "exports_all_year_avg_usd": 8869371.260077987,
      "exports_avg_3y_usd": 51437203.32971063,
      "exports_avg_5y_usd": 39412064.14391668,
      "exports_avg_10y_usd": 23559563.52178495,
      "exports_cagr_3y_pct": 37.89806372299467,
      "exports_cagr_5y_pct": 32.918893070698815,
      "exports_cagr_10y_pct": 36.50234629605287,
      "exports_historical_peak_usd": 67515242.77746654,
      "buyer_imports_latest_observed_usd": 151886077.99707004,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 75.86206896551724,
      "trend_acceleration_pct": 1.3957174269418005,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 13.8715,
      "buyer_yoy_all_avg_pct": 6.0349,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 44.451238499139414,
      "market_share_change_1y_pp": 8.641400848458659,
      "peer_best_share_pct": 44.45123849913943,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 58,
      "buyer_market_hhi": 2479.41,
      "distance_km": 1366.760498046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.7743922872544373,
      "max_drawdown_pct": 85.88754141726422,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 853190,
      "corridor_rank": 13,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 45299024.9666487,
      "exports_all_year_avg_usd": 11091407.983489143,
      "exports_avg_3y_usd": 17173692.828717437,
      "exports_avg_5y_usd": 17039759.831300877,
      "exports_avg_10y_usd": 13718673.96628742,
      "exports_cagr_3y_pct": 152.8936790485214,
      "exports_cagr_5y_pct": 75.75602822385659,
      "exports_cagr_10y_pct": 1.1401322864863062,
      "exports_historical_peak_usd": 45299024.9666487,
      "buyer_imports_latest_observed_usd": 158702074.52240446,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": 151.75354676203509,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 27.7565,
      "buyer_yoy_all_avg_pct": 2.9073,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 28.54343593363281,
      "market_share_change_1y_pp": 25.471346770768832,
      "peer_best_share_pct": 28.5434359336328,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 74,
      "buyer_market_hhi": 1702.65,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.2554021682655085,
      "max_drawdown_pct": 97.02873590357727,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 853190,
      "corridor_rank": 35,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 22384947.764435362,
      "exports_all_year_avg_usd": 11696953.02865587,
      "exports_avg_3y_usd": 16482204.102680689,
      "exports_avg_5y_usd": 13106312.264286075,
      "exports_avg_10y_usd": 12621145.516492303,
      "exports_cagr_3y_pct": 32.76718245003225,
      "exports_cagr_5y_pct": 23.208695458310746,
      "exports_cagr_10y_pct": 0.555471867243873,
      "exports_historical_peak_usd": 22578015.440726522,
      "buyer_imports_latest_observed_usd": 37699984.48155101,
      "historical_peak_year": 2013,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": 32.21171058278838,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 20.5799,
      "buyer_yoy_all_avg_pct": 5.501,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 59.37654371022284,
      "market_share_change_1y_pp": 3.4490452210531473,
      "peer_best_share_pct": 59.37654371022284,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 53,
      "buyer_market_hhi": 3939.97,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5736619795042484,
      "max_drawdown_pct": 74.29803457728359,
      "attention_level": "High attention",
      "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": 853190,
      "corridor_rank": 65,
      "exporter_iso3": "ESP",
      "importer_iso3": "SWE",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 13444359.0266113,
      "exports_all_year_avg_usd": 2224408.4263346037,
      "exports_avg_3y_usd": 15081555.734297568,
      "exports_avg_5y_usd": 11924255.245923331,
      "exports_avg_10y_usd": 6213686.059083692,
      "exports_cagr_3y_pct": 5.786427320968501,
      "exports_cagr_5y_pct": 58.784524506928015,
      "exports_cagr_10y_pct": 37.501843492742125,
      "exports_historical_peak_usd": 17191549.921787377,
      "buyer_imports_latest_observed_usd": 58678338.83507339,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -31.715416171773626,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -2.9411,
      "buyer_yoy_all_avg_pct": 4.2593,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 22.91196256321983,
      "market_share_change_1y_pp": -5.524296019022838,
      "peer_best_share_pct": 22.911962563219834,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 55,
      "buyer_market_hhi": 1136.84,
      "distance_km": 2596.90771484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.020748499880808083,
      "tariff_advantage_pp": 0.020748499880808083,
      "volatility_cv": 2.1468786549560304,
      "max_drawdown_pct": 93.49517293288991,
      "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": 853190,
      "corridor_rank": 72,
      "exporter_iso3": "ESP",
      "importer_iso3": "MYS",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 11827384.82234518,
      "exports_all_year_avg_usd": 926833.0911326136,
      "exports_avg_3y_usd": 7257204.366427888,
      "exports_avg_5y_usd": 4392938.088965258,
      "exports_avg_10y_usd": 2366956.8035032703,
      "exports_cagr_3y_pct": 309.76614269430127,
      "exports_cagr_5y_pct": 61.66376119227171,
      "exports_cagr_10y_pct": 114.49229501509248,
      "exports_historical_peak_usd": 11827384.82234518,
      "buyer_imports_latest_observed_usd": 43712026.89903951,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68,
      "trend_acceleration_pct": 195.27384767920879,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -5.14,
      "buyer_yoy_all_avg_pct": 15.9341,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 27.057507192843232,
      "market_share_change_1y_pp": 11.309635576701204,
      "peer_best_share_pct": 27.05750719284323,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 49,
      "buyer_market_hhi": 1506.23,
      "distance_km": 11084.6552734375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.1339099772020202,
      "tariff_advantage_pp": null,
      "volatility_cv": 2.8305380712545007,
      "max_drawdown_pct": 98.50543014434122,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 853190,
      "corridor_rank": 76,
      "exporter_iso3": "ESP",
      "importer_iso3": "LKA",
      "latest_data_year": 2024,
      "lane_data_years": 17,
      "exports_latest_observed_usd": 10869867.467171077,
      "exports_all_year_avg_usd": 13728931.266562529,
      "exports_avg_3y_usd": 30958715.096502375,
      "exports_avg_5y_usd": 34230533.925780945,
      "exports_avg_10y_usd": 23335482.70731885,
      "exports_cagr_3y_pct": -38.57659665682207,
      "exports_cagr_5y_pct": -17.97125629423061,
      "exports_cagr_10y_pct": 88.05736904985375,
      "exports_historical_peak_usd": 46905375.87479622,
      "buyer_imports_latest_observed_usd": 18103812.999925304,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 43.75,
      "trend_acceleration_pct": -126.63396570667581,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -62.5747,
      "buyer_yoy_all_avg_pct": 46.5756,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 60.04186779445813,
      "market_share_change_1y_pp": -13.30796778221999,
      "peer_best_share_pct": 60.041867794458135,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 38,
      "buyer_market_hhi": 4654.03,
      "distance_km": 8975.7646484375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.21977370466262622,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3057082498349584,
      "max_drawdown_pct": 99.95267467472016,
      "attention_level": "Critical 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','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 853190,
    "num_markets": 150,
    "highest_price_importer_iso3": "OMN",
    "highest_price_usd_per_ton": 18040000,
    "lowest_price_importer_iso3": "HND",
    "lowest_price_usd_per_ton": 187.5,
    "median_price_across_markets": 83523.8578680203,
    "price_spread_pct": 21598.394710772933,
    "avg_quantity_metric_tons": 36.19064705882354,
    "total_trade_value_usd": 637434752
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 51953344.67150497,
      "active_destinations": 113,
      "yoy_growth_pct": 12.64483237808887
    },
    {
      "year": 2011,
      "export_value_usd": 66426000.37396201,
      "active_destinations": 120,
      "yoy_growth_pct": 27.857024016386205
    },
    {
      "year": 2012,
      "export_value_usd": 72008221.87161879,
      "active_destinations": 125,
      "yoy_growth_pct": 8.403669446045607
    },
    {
      "year": 2013,
      "export_value_usd": 89978636.33764108,
      "active_destinations": 127,
      "yoy_growth_pct": 24.956059181771177
    },
    {
      "year": 2014,
      "export_value_usd": 98331375.59352908,
      "active_destinations": 128,
      "yoy_growth_pct": 9.283024944437583
    },
    {
      "year": 2015,
      "export_value_usd": 92610683.38400842,
      "active_destinations": 121,
      "yoy_growth_pct": -5.817768921659544
    },
    {
      "year": 2016,
      "export_value_usd": 77084935.71433915,
      "active_destinations": 125,
      "yoy_growth_pct": -16.764532019801706
    },
    {
      "year": 2017,
      "export_value_usd": 51334907.96305289,
      "active_destinations": 125,
      "yoy_growth_pct": -33.404747001036036
    },
    {
      "year": 2018,
      "export_value_usd": 89005890.92021404,
      "active_destinations": 129,
      "yoy_growth_pct": 73.3827807469217
    },
    {
      "year": 2019,
      "export_value_usd": 99577708.8718493,
      "active_destinations": 129,
      "yoy_growth_pct": 11.877660952927219
    },
    {
      "year": 2020,
      "export_value_usd": 128513323.89736944,
      "active_destinations": 121,
      "yoy_growth_pct": 29.05832575718186
    },
    {
      "year": 2021,
      "export_value_usd": 147982764.65383315,
      "active_destinations": 122,
      "yoy_growth_pct": 15.149744918287208
    },
    {
      "year": 2022,
      "export_value_usd": 152519218.48052993,
      "active_destinations": 126,
      "yoy_growth_pct": 3.0655285007741453
    },
    {
      "year": 2023,
      "export_value_usd": 161162773.7642752,
      "active_destinations": 126,
      "yoy_growth_pct": 5.6671909086976235
    },
    {
      "year": 2024,
      "export_value_usd": 200826831.09896085,
      "active_destinations": 128,
      "yoy_growth_pct": 24.611178132674922
    }
  ],
  "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
  }
}