{
  "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/910212",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910212",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/910212",
    "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": "910212",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 130,
    "current_lane_count": 82,
    "active_market_count": 82,
    "exports_latest_observed_lanes_usd": 17343158.561293714,
    "exports_current_2024_usd": 17309804.02338106,
    "exports_avg_3y_usd": 15597777.266924972,
    "exports_avg_5y_usd": 23879650.369026437,
    "exports_avg_10y_usd": 23098029.512569916,
    "exports_cagr_3y_pct": -24.362633016782176,
    "exports_cagr_5y_pct": -6.169319614323099,
    "exports_cagr_10y_pct": 0.9264747657261374,
    "exports_all_year_lane_avg_usd": 10073307.114071403,
    "exports_historical_lane_peak_usd": 57378350.576728694,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": -25.289107782508314,
    "trend_label": "Rapid decline",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 8383660.71906146,
    "top_market_share_pct": 48.339872402320246,
    "destination_hhi": 2678.54122266146,
    "weighted_share_latest_pct": 30.449366947002783,
    "weighted_share_change_1y_pp": 11.606747386066306,
    "weighted_volatility_cv": 1.423254690579596,
    "weighted_max_drawdown_pct": 89.97827201279642,
    "limited_history_lane_share_pct": 26.153846153846153,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 910212,
      "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with opto-electronic display only",
      "hs_chapter": 91,
      "hs_heading": 9102,
      "substitution_elasticity": -7.3128319,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with opto-electronic display only",
    "hs_chapter": 91,
    "hs_heading": 9102,
    "destinations": [
      {
        "hs_code": 910212,
        "corridor_rank": 44,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8383660.71906146,
        "exports_all_year_avg_usd": 1357001.0964377015,
        "exports_avg_3y_usd": 4471429.580266758,
        "exports_avg_5y_usd": 3268252.6447720253,
        "exports_avg_10y_usd": 2217524.1450860365,
        "exports_cagr_3y_pct": 73.73327676320696,
        "exports_cagr_5y_pct": 50.0231080853913,
        "exports_cagr_10y_pct": 13.893669627806782,
        "exports_historical_peak_usd": 8383660.71906146,
        "buyer_imports_latest_observed_usd": 14520891.224945417,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 59.83960713540018,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 73.8412,
        "buyer_yoy_all_avg_pct": 10.8037,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 57.73516645217466,
        "market_share_change_1y_pp": 23.635737824480643,
        "peer_best_share_pct": 57.73516645217466,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 3737.11,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1374435718606672,
        "max_drawdown_pct": 82.80539013909747,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 910212,
      "num_markets": 105,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 51009178.74396136,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 709.5070422535211,
      "median_price_across_markets": 279870.96774193546,
      "price_spread_pct": 18225.709386174418,
      "avg_quantity_metric_tons": 0.8731160949868074,
      "total_trade_value_usd": 97704647
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 2340334.61531526,
        "active_destinations": 49,
        "yoy_growth_pct": 105.60351258503664
      },
      {
        "year": 2011,
        "export_value_usd": 3115222.500584982,
        "active_destinations": 54,
        "yoy_growth_pct": 33.11013220924987
      },
      {
        "year": 2012,
        "export_value_usd": 3478937.22817469,
        "active_destinations": 62,
        "yoy_growth_pct": 11.675401276198066
      },
      {
        "year": 2013,
        "export_value_usd": 5818743.892934575,
        "active_destinations": 58,
        "yoy_growth_pct": 67.25636340347312
      },
      {
        "year": 2014,
        "export_value_usd": 15784873.628501887,
        "active_destinations": 70,
        "yoy_growth_pct": 171.27630840856756
      },
      {
        "year": 2015,
        "export_value_usd": 19444188.613453448,
        "active_destinations": 80,
        "yoy_growth_pct": 23.182415463524116
      },
      {
        "year": 2016,
        "export_value_usd": 23081714.14316807,
        "active_destinations": 85,
        "yoy_growth_pct": 18.707520288081422
      },
      {
        "year": 2017,
        "export_value_usd": 22031588.005636904,
        "active_destinations": 91,
        "yoy_growth_pct": -4.549602040028689
      },
      {
        "year": 2018,
        "export_value_usd": 23225053.047814853,
        "active_destinations": 88,
        "yoy_growth_pct": 5.417063181612666
      },
      {
        "year": 2019,
        "export_value_usd": 23799499.4704937,
        "active_destinations": 93,
        "yoy_growth_pct": 2.4733912189401615
      },
      {
        "year": 2020,
        "export_value_usd": 32602805.933432896,
        "active_destinations": 87,
        "yoy_growth_pct": 36.989460529846085
      },
      {
        "year": 2021,
        "export_value_usd": 40002114.11092439,
        "active_destinations": 87,
        "yoy_growth_pct": 22.695310926915642
      },
      {
        "year": 2022,
        "export_value_usd": 14252899.28312989,
        "active_destinations": 85,
        "yoy_growth_pct": -64.36963495577479
      },
      {
        "year": 2023,
        "export_value_usd": 15230628.49426397,
        "active_destinations": 78,
        "yoy_growth_pct": 6.859861925014416
      },
      {
        "year": 2024,
        "export_value_usd": 17309804.023381058,
        "active_destinations": 82,
        "yoy_growth_pct": 13.651278605476659
      }
    ],
    "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": "910212",
    "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with opto-electronic display only",
    "hs_chapter": 91,
    "hs_heading": 9102
  },
  "destinations": [
    {
      "hs_code": 910212,
      "corridor_rank": 44,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 8383660.71906146,
      "exports_all_year_avg_usd": 1357001.0964377015,
      "exports_avg_3y_usd": 4471429.580266758,
      "exports_avg_5y_usd": 3268252.6447720253,
      "exports_avg_10y_usd": 2217524.1450860365,
      "exports_cagr_3y_pct": 73.73327676320696,
      "exports_cagr_5y_pct": 50.0231080853913,
      "exports_cagr_10y_pct": 13.893669627806782,
      "exports_historical_peak_usd": 8383660.71906146,
      "buyer_imports_latest_observed_usd": 14520891.224945417,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 59.83960713540018,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 73.8412,
      "buyer_yoy_all_avg_pct": 10.8037,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 57.73516645217466,
      "market_share_change_1y_pp": 23.635737824480643,
      "peer_best_share_pct": 57.73516645217466,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 45,
      "buyer_market_hhi": 3737.11,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1374435718606672,
      "max_drawdown_pct": 82.80539013909747,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 910212,
    "num_markets": 105,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 51009178.74396136,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 709.5070422535211,
    "median_price_across_markets": 279870.96774193546,
    "price_spread_pct": 18225.709386174418,
    "avg_quantity_metric_tons": 0.8731160949868074,
    "total_trade_value_usd": 97704647
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 2340334.61531526,
      "active_destinations": 49,
      "yoy_growth_pct": 105.60351258503664
    },
    {
      "year": 2011,
      "export_value_usd": 3115222.500584982,
      "active_destinations": 54,
      "yoy_growth_pct": 33.11013220924987
    },
    {
      "year": 2012,
      "export_value_usd": 3478937.22817469,
      "active_destinations": 62,
      "yoy_growth_pct": 11.675401276198066
    },
    {
      "year": 2013,
      "export_value_usd": 5818743.892934575,
      "active_destinations": 58,
      "yoy_growth_pct": 67.25636340347312
    },
    {
      "year": 2014,
      "export_value_usd": 15784873.628501887,
      "active_destinations": 70,
      "yoy_growth_pct": 171.27630840856756
    },
    {
      "year": 2015,
      "export_value_usd": 19444188.613453448,
      "active_destinations": 80,
      "yoy_growth_pct": 23.182415463524116
    },
    {
      "year": 2016,
      "export_value_usd": 23081714.14316807,
      "active_destinations": 85,
      "yoy_growth_pct": 18.707520288081422
    },
    {
      "year": 2017,
      "export_value_usd": 22031588.005636904,
      "active_destinations": 91,
      "yoy_growth_pct": -4.549602040028689
    },
    {
      "year": 2018,
      "export_value_usd": 23225053.047814853,
      "active_destinations": 88,
      "yoy_growth_pct": 5.417063181612666
    },
    {
      "year": 2019,
      "export_value_usd": 23799499.4704937,
      "active_destinations": 93,
      "yoy_growth_pct": 2.4733912189401615
    },
    {
      "year": 2020,
      "export_value_usd": 32602805.933432896,
      "active_destinations": 87,
      "yoy_growth_pct": 36.989460529846085
    },
    {
      "year": 2021,
      "export_value_usd": 40002114.11092439,
      "active_destinations": 87,
      "yoy_growth_pct": 22.695310926915642
    },
    {
      "year": 2022,
      "export_value_usd": 14252899.28312989,
      "active_destinations": 85,
      "yoy_growth_pct": -64.36963495577479
    },
    {
      "year": 2023,
      "export_value_usd": 15230628.49426397,
      "active_destinations": 78,
      "yoy_growth_pct": 6.859861925014416
    },
    {
      "year": 2024,
      "export_value_usd": 17309804.023381058,
      "active_destinations": 82,
      "yoy_growth_pct": 13.651278605476659
    }
  ],
  "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
  }
}