{
  "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/860390",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/860390",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/860390",
    "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": "860390",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 61,
    "current_lane_count": 8,
    "active_market_count": 8,
    "exports_latest_observed_lanes_usd": 177757870.82498768,
    "exports_current_2024_usd": 44926746.17569212,
    "exports_avg_3y_usd": 21823562.828210894,
    "exports_avg_5y_usd": 35307725.219618104,
    "exports_avg_10y_usd": 114116519.00147848,
    "exports_cagr_3y_pct": 3848.8132361490684,
    "exports_cagr_5y_pct": -43.51703344472882,
    "exports_cagr_10y_pct": 25.290268121215973,
    "exports_all_year_lane_avg_usd": 297135266.1751001,
    "exports_historical_lane_peak_usd": 1128760288.5018206,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 3823.5229680278526,
    "trend_label": "Rapid growth",
    "top_market_iso3": "DZA",
    "top_market_exports_usd": 49028551.47519462,
    "top_market_share_pct": 27.581648704301763,
    "destination_hhi": 2036.002824056593,
    "weighted_share_latest_pct": 92.1453900540137,
    "weighted_share_change_1y_pp": 0.94509422592192,
    "weighted_volatility_cv": 0.531605070958088,
    "weighted_max_drawdown_pct": 38.46570912268345,
    "limited_history_lane_share_pct": 78.68852459016394,
    "data_freshness_years": 0,
    "coverage_score": 74,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 860390,
      "hs_description": "Railway or tramway coaches, vans and trucks: self-propelled, powered other than from an external source of electricity (excluding those of heading no. 8604)",
      "hs_chapter": 86,
      "hs_heading": 8603,
      "substitution_elasticity": -33.572735,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Railway or tramway coaches, vans and trucks: self-propelled, powered other than from an external source of electricity (excluding those of heading no. 8604)",
    "hs_chapter": 86,
    "hs_heading": 8603,
    "destinations": [
      {
        "hs_code": 860390,
        "corridor_rank": 4,
        "exporter_iso3": "ESP",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 44921231.29013937,
        "exports_all_year_avg_usd": 22541398.342856992,
        "exports_avg_3y_usd": 32726105.16908379,
        "exports_avg_5y_usd": 32726105.16908379,
        "exports_avg_10y_usd": 22541398.342856992,
        "exports_cagr_3y_pct": 174.4932255987028,
        "exports_cagr_5y_pct": 83.2816468153124,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 44921231.29013937,
        "buyer_imports_latest_observed_usd": 44935178.16498482,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 108.0516,
        "buyer_yoy_all_avg_pct": 23805.498,
        "buyer_trend_consistency_pct": 58.3333,
        "market_share_latest_pct": 99.96896223534655,
        "market_share_change_1y_pp": 4.90973062006735,
        "peer_best_share_pct": 99.96896223534655,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 3,
        "buyer_market_hhi": 9993.79,
        "distance_km": 17699.453125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.07872936858989897,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7767978030007295,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860390,
        "corridor_rank": 12,
        "exporter_iso3": "ESP",
        "importer_iso3": "ISR",
        "latest_data_year": 2004,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 10642925.13640578,
        "exports_all_year_avg_usd": 12058008.246693771,
        "exports_avg_3y_usd": 12058008.246693771,
        "exports_avg_5y_usd": 12058008.246693771,
        "exports_avg_10y_usd": 12058008.246693771,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 13473091.35698176,
        "buyer_imports_latest_observed_usd": 13591024.07285012,
        "historical_peak_year": 2003,
        "positive_growth_year_share_pct": 0,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": -56.9795,
        "buyer_yoy_all_avg_pct": 907116.4951,
        "buyer_trend_consistency_pct": 41.1765,
        "market_share_latest_pct": 26.229055768503585,
        "market_share_change_1y_pp": -46.279114892135226,
        "peer_best_share_pct": 99.91484477852632,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 2,
        "buyer_market_hhi": 9982.98,
        "distance_km": 3546.18212890625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.05593563048153534,
        "tariff_advantage_pp": 0.04698844941236767,
        "volatility_cv": 0.11735628980648524,
        "max_drawdown_pct": 21.006064202996637,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860390,
        "corridor_rank": 24,
        "exporter_iso3": "ESP",
        "importer_iso3": "SWE",
        "latest_data_year": 2020,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 2402171.6852418985,
        "exports_all_year_avg_usd": 4257127.567551061,
        "exports_avg_3y_usd": 4257127.567551061,
        "exports_avg_5y_usd": 4257127.567551061,
        "exports_avg_10y_usd": 4257127.567551061,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 6112083.449860223,
        "buyer_imports_latest_observed_usd": 10176055.14692586,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 0,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": -52.0372,
        "buyer_yoy_all_avg_pct": 20711.1922,
        "buyer_trend_consistency_pct": 48,
        "market_share_latest_pct": 17.677332823492957,
        "market_share_change_1y_pp": -48.30935959729565,
        "peer_best_share_pct": 74.32076010671037,
        "peer_top_exporter": "NOR",
        "supplier_count_latest": 4,
        "buyer_market_hhi": 6110.89,
        "distance_km": 2596.90771484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.020748499880808083,
        "tariff_advantage_pp": 0.020748499880808083,
        "volatility_cv": 0.4357294567464034,
        "max_drawdown_pct": 60.69798940168538,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860390,
        "corridor_rank": 96,
        "exporter_iso3": "ESP",
        "importer_iso3": "SVK",
        "latest_data_year": 2008,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 5913.840310794489,
        "exports_all_year_avg_usd": 3835.525114989492,
        "exports_avg_3y_usd": 5913.840310794489,
        "exports_avg_5y_usd": 3835.525114989492,
        "exports_avg_10y_usd": 3835.525114989492,
        "exports_cagr_3y_pct": 49.85870743022682,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 5913.840310794489,
        "buyer_imports_latest_observed_usd": 20919207.092531856,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -67.8607,
        "buyer_yoy_all_avg_pct": 359375.5262,
        "buyer_trend_consistency_pct": 51.8519,
        "market_share_latest_pct": 0.18360065962383204,
        "market_share_change_1y_pp": 0.05910391886463054,
        "peer_best_share_pct": 100,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 1,
        "buyer_market_hhi": 10000,
        "distance_km": 1865.66357421875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02287628029761905,
        "tariff_advantage_pp": 0.02287628029761905,
        "volatility_cv": 0.541859363058998,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 860390,
      "num_markets": 20,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 255571.42857142855,
      "lowest_price_importer_iso3": "ITA",
      "lowest_price_usd_per_ton": 85.50728483851277,
      "median_price_across_markets": 50732.73879966188,
      "price_spread_pct": 503.5918172986411,
      "avg_quantity_metric_tons": 268.23721875,
      "total_trade_value_usd": 931688760
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 86027.92154440779,
        "active_destinations": 3,
        "yoy_growth_pct": -99.70298281384366
      },
      {
        "year": 2011,
        "export_value_usd": 26276604.54391961,
        "active_destinations": 10,
        "yoy_growth_pct": 30444.274547369572
      },
      {
        "year": 2012,
        "export_value_usd": 65072949.95575395,
        "active_destinations": 8,
        "yoy_growth_pct": 147.64596143686987
      },
      {
        "year": 2013,
        "export_value_usd": 2940008.669636263,
        "active_destinations": 7,
        "yoy_growth_pct": -95.48198034415942
      },
      {
        "year": 2014,
        "export_value_usd": 4713370.503200725,
        "active_destinations": 10,
        "yoy_growth_pct": 60.318251843245804
      },
      {
        "year": 2015,
        "export_value_usd": 14178969.830086837,
        "active_destinations": 4,
        "yoy_growth_pct": 200.82442745500856
      },
      {
        "year": 2016,
        "export_value_usd": 1437385.3846905974,
        "active_destinations": 5,
        "yoy_growth_pct": -89.86255417766274
      },
      {
        "year": 2017,
        "export_value_usd": 18605215.195462234,
        "active_destinations": 11,
        "yoy_growth_pct": 1194.3790436179422
      },
      {
        "year": 2018,
        "export_value_usd": 148925701.67513102,
        "active_destinations": 7,
        "yoy_growth_pct": 700.4513794145936
      },
      {
        "year": 2019,
        "export_value_usd": 781479291.8313236,
        "active_destinations": 12,
        "yoy_growth_pct": 424.74440814524775
      },
      {
        "year": 2020,
        "export_value_usd": 111067207.979254,
        "active_destinations": 10,
        "yoy_growth_pct": -85.78756863550684
      },
      {
        "year": 2021,
        "export_value_usd": 729.6342038262915,
        "active_destinations": 4,
        "yoy_growth_pct": -99.99934306964487
      },
      {
        "year": 2022,
        "export_value_usd": 12411.527129712775,
        "active_destinations": 5,
        "yoy_growth_pct": 1601.0615819029865
      },
      {
        "year": 2023,
        "export_value_usd": 20531530.781810865,
        "active_destinations": 3,
        "yoy_growth_pct": 165323.08264918564
      },
      {
        "year": 2024,
        "export_value_usd": 44926746.17569212,
        "active_destinations": 8,
        "yoy_growth_pct": 118.8182978323919
      }
    ],
    "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": "860390",
    "hs_description": "Railway or tramway coaches, vans and trucks: self-propelled, powered other than from an external source of electricity (excluding those of heading no. 8604)",
    "hs_chapter": 86,
    "hs_heading": 8603
  },
  "destinations": [
    {
      "hs_code": 860390,
      "corridor_rank": 4,
      "exporter_iso3": "ESP",
      "importer_iso3": "AUS",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 44921231.29013937,
      "exports_all_year_avg_usd": 22541398.342856992,
      "exports_avg_3y_usd": 32726105.16908379,
      "exports_avg_5y_usd": 32726105.16908379,
      "exports_avg_10y_usd": 22541398.342856992,
      "exports_cagr_3y_pct": 174.4932255987028,
      "exports_cagr_5y_pct": 83.2816468153124,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 44921231.29013937,
      "buyer_imports_latest_observed_usd": 44935178.16498482,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 108.0516,
      "buyer_yoy_all_avg_pct": 23805.498,
      "buyer_trend_consistency_pct": 58.3333,
      "market_share_latest_pct": 99.96896223534655,
      "market_share_change_1y_pp": 4.90973062006735,
      "peer_best_share_pct": 99.96896223534655,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 3,
      "buyer_market_hhi": 9993.79,
      "distance_km": 17699.453125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.07872936858989897,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7767978030007295,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 860390,
      "corridor_rank": 12,
      "exporter_iso3": "ESP",
      "importer_iso3": "ISR",
      "latest_data_year": 2004,
      "lane_data_years": 2,
      "exports_latest_observed_usd": 10642925.13640578,
      "exports_all_year_avg_usd": 12058008.246693771,
      "exports_avg_3y_usd": 12058008.246693771,
      "exports_avg_5y_usd": 12058008.246693771,
      "exports_avg_10y_usd": 12058008.246693771,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 13473091.35698176,
      "buyer_imports_latest_observed_usd": 13591024.07285012,
      "historical_peak_year": 2003,
      "positive_growth_year_share_pct": 0,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -56.9795,
      "buyer_yoy_all_avg_pct": 907116.4951,
      "buyer_trend_consistency_pct": 41.1765,
      "market_share_latest_pct": 26.229055768503585,
      "market_share_change_1y_pp": -46.279114892135226,
      "peer_best_share_pct": 99.91484477852632,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 2,
      "buyer_market_hhi": 9982.98,
      "distance_km": 3546.18212890625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.05593563048153534,
      "tariff_advantage_pp": 0.04698844941236767,
      "volatility_cv": 0.11735628980648524,
      "max_drawdown_pct": 21.006064202996637,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 860390,
      "corridor_rank": 24,
      "exporter_iso3": "ESP",
      "importer_iso3": "SWE",
      "latest_data_year": 2020,
      "lane_data_years": 2,
      "exports_latest_observed_usd": 2402171.6852418985,
      "exports_all_year_avg_usd": 4257127.567551061,
      "exports_avg_3y_usd": 4257127.567551061,
      "exports_avg_5y_usd": 4257127.567551061,
      "exports_avg_10y_usd": 4257127.567551061,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 6112083.449860223,
      "buyer_imports_latest_observed_usd": 10176055.14692586,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 0,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -52.0372,
      "buyer_yoy_all_avg_pct": 20711.1922,
      "buyer_trend_consistency_pct": 48,
      "market_share_latest_pct": 17.677332823492957,
      "market_share_change_1y_pp": -48.30935959729565,
      "peer_best_share_pct": 74.32076010671037,
      "peer_top_exporter": "NOR",
      "supplier_count_latest": 4,
      "buyer_market_hhi": 6110.89,
      "distance_km": 2596.90771484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.020748499880808083,
      "tariff_advantage_pp": 0.020748499880808083,
      "volatility_cv": 0.4357294567464034,
      "max_drawdown_pct": 60.69798940168538,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 860390,
      "corridor_rank": 96,
      "exporter_iso3": "ESP",
      "importer_iso3": "SVK",
      "latest_data_year": 2008,
      "lane_data_years": 2,
      "exports_latest_observed_usd": 5913.840310794489,
      "exports_all_year_avg_usd": 3835.525114989492,
      "exports_avg_3y_usd": 5913.840310794489,
      "exports_avg_5y_usd": 3835.525114989492,
      "exports_avg_10y_usd": 3835.525114989492,
      "exports_cagr_3y_pct": 49.85870743022682,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 5913.840310794489,
      "buyer_imports_latest_observed_usd": 20919207.092531856,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -67.8607,
      "buyer_yoy_all_avg_pct": 359375.5262,
      "buyer_trend_consistency_pct": 51.8519,
      "market_share_latest_pct": 0.18360065962383204,
      "market_share_change_1y_pp": 0.05910391886463054,
      "peer_best_share_pct": 100,
      "peer_top_exporter": "POL",
      "supplier_count_latest": 1,
      "buyer_market_hhi": 10000,
      "distance_km": 1865.66357421875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02287628029761905,
      "tariff_advantage_pp": 0.02287628029761905,
      "volatility_cv": 0.541859363058998,
      "max_drawdown_pct": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 860390,
    "num_markets": 20,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 255571.42857142855,
    "lowest_price_importer_iso3": "ITA",
    "lowest_price_usd_per_ton": 85.50728483851277,
    "median_price_across_markets": 50732.73879966188,
    "price_spread_pct": 503.5918172986411,
    "avg_quantity_metric_tons": 268.23721875,
    "total_trade_value_usd": 931688760
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 86027.92154440779,
      "active_destinations": 3,
      "yoy_growth_pct": -99.70298281384366
    },
    {
      "year": 2011,
      "export_value_usd": 26276604.54391961,
      "active_destinations": 10,
      "yoy_growth_pct": 30444.274547369572
    },
    {
      "year": 2012,
      "export_value_usd": 65072949.95575395,
      "active_destinations": 8,
      "yoy_growth_pct": 147.64596143686987
    },
    {
      "year": 2013,
      "export_value_usd": 2940008.669636263,
      "active_destinations": 7,
      "yoy_growth_pct": -95.48198034415942
    },
    {
      "year": 2014,
      "export_value_usd": 4713370.503200725,
      "active_destinations": 10,
      "yoy_growth_pct": 60.318251843245804
    },
    {
      "year": 2015,
      "export_value_usd": 14178969.830086837,
      "active_destinations": 4,
      "yoy_growth_pct": 200.82442745500856
    },
    {
      "year": 2016,
      "export_value_usd": 1437385.3846905974,
      "active_destinations": 5,
      "yoy_growth_pct": -89.86255417766274
    },
    {
      "year": 2017,
      "export_value_usd": 18605215.195462234,
      "active_destinations": 11,
      "yoy_growth_pct": 1194.3790436179422
    },
    {
      "year": 2018,
      "export_value_usd": 148925701.67513102,
      "active_destinations": 7,
      "yoy_growth_pct": 700.4513794145936
    },
    {
      "year": 2019,
      "export_value_usd": 781479291.8313236,
      "active_destinations": 12,
      "yoy_growth_pct": 424.74440814524775
    },
    {
      "year": 2020,
      "export_value_usd": 111067207.979254,
      "active_destinations": 10,
      "yoy_growth_pct": -85.78756863550684
    },
    {
      "year": 2021,
      "export_value_usd": 729.6342038262915,
      "active_destinations": 4,
      "yoy_growth_pct": -99.99934306964487
    },
    {
      "year": 2022,
      "export_value_usd": 12411.527129712775,
      "active_destinations": 5,
      "yoy_growth_pct": 1601.0615819029865
    },
    {
      "year": 2023,
      "export_value_usd": 20531530.781810865,
      "active_destinations": 3,
      "yoy_growth_pct": 165323.08264918564
    },
    {
      "year": 2024,
      "export_value_usd": 44926746.17569212,
      "active_destinations": 8,
      "yoy_growth_pct": 118.8182978323919
    }
  ],
  "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
  }
}