{
  "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/860721",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/860721",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/860721",
    "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": "860721",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 95,
    "current_lane_count": 54,
    "active_market_count": 54,
    "exports_latest_observed_lanes_usd": 106215731.47639291,
    "exports_current_2024_usd": 104801525.42183024,
    "exports_avg_3y_usd": 93523597.75403078,
    "exports_avg_5y_usd": 109655024.28058688,
    "exports_avg_10y_usd": 100394657.13829644,
    "exports_cagr_3y_pct": -5.3028918535033664,
    "exports_cagr_5y_pct": -3.435408751206448,
    "exports_cagr_10y_pct": -0.3049673471858694,
    "exports_all_year_lane_avg_usd": 60920562.51891129,
    "exports_historical_lane_peak_usd": 216635216.73202422,
    "historical_peak_year": 2020,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": -4.9979245063174975,
    "trend_label": "Declining",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 37770469.798793145,
    "top_market_share_pct": 35.56014657507477,
    "destination_hhi": 1749.7839996483015,
    "weighted_share_latest_pct": 20.77941029128021,
    "weighted_share_change_1y_pp": 3.3578983406871292,
    "weighted_volatility_cv": 1.226841042885731,
    "weighted_max_drawdown_pct": 89.01481231113019,
    "limited_history_lane_share_pct": 33.68421052631579,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 860721,
      "hs_description": "Railway or tramway locomotives or rolling stock: parts, air brakes and parts thereof",
      "hs_chapter": 86,
      "hs_heading": 8607,
      "substitution_elasticity": -33.647064,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Railway or tramway locomotives or rolling stock: parts, air brakes and parts thereof",
    "hs_chapter": 86,
    "hs_heading": 8607,
    "destinations": [
      {
        "hs_code": 860721,
        "corridor_rank": 3,
        "exporter_iso3": "ESP",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 37770469.798793145,
        "exports_all_year_avg_usd": 10076563.70625578,
        "exports_avg_3y_usd": 32753738.220467974,
        "exports_avg_5y_usd": 31174446.64689622,
        "exports_avg_10y_usd": 20754418.126407493,
        "exports_cagr_3y_pct": 4.179802985181236,
        "exports_cagr_5y_pct": 14.440001771898192,
        "exports_cagr_10y_pct": 56.33288277659618,
        "exports_historical_peak_usd": 37770469.798793145,
        "buyer_imports_latest_observed_usd": 118901635.312991,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 70,
        "trend_acceleration_pct": -52.153079791414946,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 1.6659,
        "buyer_yoy_all_avg_pct": 55.7113,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 31.76614829507429,
        "market_share_change_1y_pp": 5.801516793099385,
        "peer_best_share_pct": 31.7661482950743,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 1993.69,
        "distance_km": 9232.298828125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878793,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3201628184729735,
        "max_drawdown_pct": 91.72415209081947,
        "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": 860721,
        "corridor_rank": 18,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 19876322.263603687,
        "exports_all_year_avg_usd": 32292701.05997359,
        "exports_avg_3y_usd": 22429150.226515327,
        "exports_avg_5y_usd": 45436044.26885755,
        "exports_avg_10y_usd": 51122372.73466052,
        "exports_cagr_3y_pct": -32.078751465363474,
        "exports_cagr_5y_pct": -23.919049776974145,
        "exports_cagr_10y_pct": -14.143744866481766,
        "exports_historical_peak_usd": 96946473.44228868,
        "buyer_imports_latest_observed_usd": 171612543.27499238,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -17.935006598881706,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -5.6959,
        "buyer_yoy_all_avg_pct": 12.0114,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 11.582091777378896,
        "market_share_change_1y_pp": 0.26883551488941215,
        "peer_best_share_pct": 25.817420951735016,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 1302.55,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9084524047383935,
        "max_drawdown_pct": 79.4976324998187,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860721,
        "corridor_rank": 54,
        "exporter_iso3": "ESP",
        "importer_iso3": "HUN",
        "latest_data_year": 2024,
        "lane_data_years": 27,
        "exports_latest_observed_usd": 5855659.046005293,
        "exports_all_year_avg_usd": 3082228.454648614,
        "exports_avg_3y_usd": 5431219.0763751045,
        "exports_avg_5y_usd": 5108371.346466983,
        "exports_avg_10y_usd": 7385510.041414624,
        "exports_cagr_3y_pct": 4.013523048510725,
        "exports_cagr_5y_pct": -11.658715320144308,
        "exports_cagr_10y_pct": -1.5829260723303484,
        "exports_historical_peak_usd": 13431518.038599426,
        "buyer_imports_latest_observed_usd": 69807629.52918476,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": 5.596449120841074,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -7.7961,
        "buyer_yoy_all_avg_pct": 23.4235,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 8.388279455266696,
        "market_share_change_1y_pp": 0.9501071940782451,
        "peer_best_share_pct": 35.91334884284775,
        "peer_top_exporter": "AUT",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 1992.67,
        "distance_km": 1977.7049560546875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08352117814343435,
        "tariff_advantage_pp": 0.08352117814343435,
        "volatility_cv": 1.3341858213707267,
        "max_drawdown_pct": 99.18323347199977,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860721,
        "corridor_rank": 63,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5444591.41583275,
        "exports_all_year_avg_usd": 731520.0262947141,
        "exports_avg_3y_usd": 4336222.921852718,
        "exports_avg_5y_usd": 3180361.727061435,
        "exports_avg_10y_usd": 1928625.0151888586,
        "exports_cagr_3y_pct": 46.09313280418916,
        "exports_cagr_5y_pct": 14.866158333957191,
        "exports_cagr_10y_pct": 81.43134463651904,
        "exports_historical_peak_usd": 5444591.41583275,
        "buyer_imports_latest_observed_usd": 48580570.79063158,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -35.33821183232988,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 29.7418,
        "buyer_yoy_all_avg_pct": 6.2296,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 11.207343444558086,
        "market_share_change_1y_pp": 2.479989081279097,
        "peer_best_share_pct": 60.578784630637664,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 3924.07,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.861810426095723,
        "max_drawdown_pct": 97.98045393780932,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860721,
        "corridor_rank": 64,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5413897.018182683,
        "exports_all_year_avg_usd": 1358832.506416223,
        "exports_avg_3y_usd": 3244228.1342518195,
        "exports_avg_5y_usd": 2351353.6199194975,
        "exports_avg_10y_usd": 1689181.5197520219,
        "exports_cagr_3y_pct": 73.4807244840182,
        "exports_cagr_5y_pct": 39.50244993264953,
        "exports_cagr_10y_pct": 22.82692441120293,
        "exports_historical_peak_usd": 5413897.018182683,
        "buyer_imports_latest_observed_usd": 90129822.80240716,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 50.653800072815265,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.8744,
        "buyer_yoy_all_avg_pct": 9.5221,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 6.006776502880343,
        "market_share_change_1y_pp": 3.1379936676835776,
        "peer_best_share_pct": 38.03954091148645,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 2273.74,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9931961867895843,
        "max_drawdown_pct": 92.92585404138286,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 860721,
        "corridor_rank": 96,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2990306.6574272993,
        "exports_all_year_avg_usd": 988519.9373002585,
        "exports_avg_3y_usd": 2196202.652321177,
        "exports_avg_5y_usd": 1716228.1442925811,
        "exports_avg_10y_usd": 1542284.963120139,
        "exports_cagr_3y_pct": 38.29696011411423,
        "exports_cagr_5y_pct": 42.58361239328299,
        "exports_cagr_10y_pct": 2.9398634151691416,
        "exports_historical_peak_usd": 2990306.6574272993,
        "buyer_imports_latest_observed_usd": 66304800.48552015,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 35.357096698945085,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 12.3573,
        "buyer_yoy_all_avg_pct": 7.2689,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.509939907111751,
        "market_share_change_1y_pp": 0.9961122659605537,
        "peer_best_share_pct": 35.33424306849851,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 1762.67,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7565121675932026,
        "max_drawdown_pct": 80.53907263151852,
        "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": 860721,
      "num_markets": 77,
      "highest_price_importer_iso3": "FIN",
      "highest_price_usd_per_ton": 956500,
      "lowest_price_importer_iso3": "GRC",
      "lowest_price_usd_per_ton": 1478.0361757105943,
      "median_price_across_markets": 19127.76356734388,
      "price_spread_pct": 4992.857426650562,
      "avg_quantity_metric_tons": 220.76188671875,
      "total_trade_value_usd": 554011022
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 54365562.82422502,
        "active_destinations": 36,
        "yoy_growth_pct": 12.791702932212024
      },
      {
        "year": 2011,
        "export_value_usd": 55745247.62087039,
        "active_destinations": 44,
        "yoy_growth_pct": 2.537791802332974
      },
      {
        "year": 2012,
        "export_value_usd": 30328230.497487806,
        "active_destinations": 44,
        "yoy_growth_pct": -45.59494882190951
      },
      {
        "year": 2013,
        "export_value_usd": 47276460.98046202,
        "active_destinations": 50,
        "yoy_growth_pct": 55.88268819171003
      },
      {
        "year": 2014,
        "export_value_usd": 108051899.14690074,
        "active_destinations": 43,
        "yoy_growth_pct": 128.5532734600321
      },
      {
        "year": 2015,
        "export_value_usd": 75771218.81122434,
        "active_destinations": 49,
        "yoy_growth_pct": -29.875162390056254
      },
      {
        "year": 2016,
        "export_value_usd": 69084430.54771094,
        "active_destinations": 45,
        "yoy_growth_pct": -8.82497123369864
      },
      {
        "year": 2017,
        "export_value_usd": 80164268.35344082,
        "active_destinations": 44,
        "yoy_growth_pct": 16.038111218240335
      },
      {
        "year": 2018,
        "export_value_usd": 105833287.38023597,
        "active_destinations": 51,
        "yoy_growth_pct": 32.02052429845869
      },
      {
        "year": 2019,
        "export_value_usd": 124818244.8874179,
        "active_destinations": 51,
        "yoy_growth_pct": 17.938550315434412
      },
      {
        "year": 2020,
        "export_value_usd": 144292310.16818756,
        "active_destinations": 61,
        "yoy_growth_pct": 15.601938080714604
      },
      {
        "year": 2021,
        "export_value_usd": 123412017.97265449,
        "active_destinations": 55,
        "yoy_growth_pct": -14.47082812049716
      },
      {
        "year": 2022,
        "export_value_usd": 86637447.24641259,
        "active_destinations": 53,
        "yoy_growth_pct": -29.798208740408388
      },
      {
        "year": 2023,
        "export_value_usd": 89131820.59384957,
        "active_destinations": 57,
        "yoy_growth_pct": 2.8790937714756644
      },
      {
        "year": 2024,
        "export_value_usd": 104801525.42183022,
        "active_destinations": 54,
        "yoy_growth_pct": 17.580371099321987
      }
    ],
    "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": "860721",
    "hs_description": "Railway or tramway locomotives or rolling stock: parts, air brakes and parts thereof",
    "hs_chapter": 86,
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