{
  "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/910820",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910820",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/910820",
    "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": "910820",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 69,
    "current_lane_count": 6,
    "active_market_count": 6,
    "exports_latest_observed_lanes_usd": 359999.0785244398,
    "exports_current_2024_usd": 252743.76061693765,
    "exports_avg_3y_usd": 474448.52018549247,
    "exports_avg_5y_usd": 726071.9804693764,
    "exports_avg_10y_usd": 898820.8645900199,
    "exports_cagr_3y_pct": -40.81198828505202,
    "exports_cagr_5y_pct": -22.103909715977764,
    "exports_cagr_10y_pct": -15.794073333988035,
    "exports_all_year_lane_avg_usd": 1260963.9875569344,
    "exports_historical_lane_peak_usd": 2760096.3225652813,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -25.017914951063982,
    "trend_label": "Rapid decline",
    "top_market_iso3": "CHE",
    "top_market_exports_usd": 163476.30796376898,
    "top_market_share_pct": 45.41020177991117,
    "destination_hhi": 2749.889519647924,
    "weighted_share_latest_pct": 9.757067359826003,
    "weighted_share_change_1y_pp": 4.002624985968947,
    "weighted_volatility_cv": 0.8480217057564486,
    "weighted_max_drawdown_pct": 81.7969876721416,
    "limited_history_lane_share_pct": 76.81159420289855,
    "data_freshness_years": 0,
    "coverage_score": 73,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 910820,
      "hs_description": "Watch movements: complete and assembled, with automatic winding",
      "hs_chapter": 91,
      "hs_heading": 9108,
      "substitution_elasticity": -11.936888,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Watch movements: complete and assembled, with automatic winding",
    "hs_chapter": 91,
    "hs_heading": 9108,
    "destinations": [
      {
        "hs_code": 910820,
        "corridor_rank": 47,
        "exporter_iso3": "ESP",
        "importer_iso3": "CHE",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 163476.30796376898,
        "exports_all_year_avg_usd": 120589.21188517965,
        "exports_avg_3y_usd": 147663.47734777894,
        "exports_avg_5y_usd": 161692.3986298425,
        "exports_avg_10y_usd": 96030.20003224278,
        "exports_cagr_3y_pct": 4.2641028470878695,
        "exports_cagr_5y_pct": 42.162595818172946,
        "exports_cagr_10y_pct": 6.553303673941158,
        "exports_historical_peak_usd": 523615.5681933109,
        "buyer_imports_latest_observed_usd": 21746775.07815294,
        "historical_peak_year": 2009,
        "positive_growth_year_share_pct": 51.851851851851855,
        "trend_acceleration_pct": -2.289200826853288,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -6.3371,
        "buyer_yoy_all_avg_pct": 19.4753,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.7517266692476124,
        "market_share_change_1y_pp": 0.026219253677709276,
        "peer_best_share_pct": 18.595030380606445,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 48,
        "buyer_market_hhi": 1105.12,
        "distance_km": 1153.11669921875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.012764303815058584,
        "tariff_advantage_pp": -0.020929647224547474,
        "volatility_cv": 1.126225686000061,
        "max_drawdown_pct": 95.83512270275442,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 910820,
      "num_markets": 32,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 124346000,
      "lowest_price_importer_iso3": "ITA",
      "lowest_price_usd_per_ton": 12333.333333333334,
      "median_price_across_markets": 485410.8338405356,
      "price_spread_pct": 25614.110357395126,
      "avg_quantity_metric_tons": 0.08914754098360654,
      "total_trade_value_usd": 4151959
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 713821.2027444348,
        "active_destinations": 5,
        "yoy_growth_pct": 35.25864179143793
      },
      {
        "year": 2011,
        "export_value_usd": 1656178.8344768356,
        "active_destinations": 6,
        "yoy_growth_pct": 132.01592052874162
      },
      {
        "year": 2012,
        "export_value_usd": 1808552.6121499548,
        "active_destinations": 3,
        "yoy_growth_pct": 9.200321517286628
      },
      {
        "year": 2013,
        "export_value_usd": 1691561.3682048193,
        "active_destinations": 7,
        "yoy_growth_pct": -6.468777472061468
      },
      {
        "year": 2014,
        "export_value_usd": 1410112.7774840076,
        "active_destinations": 19,
        "yoy_growth_pct": -16.638390779726826
      },
      {
        "year": 2015,
        "export_value_usd": 994646.0773526011,
        "active_destinations": 14,
        "yoy_growth_pct": -29.46336681472404
      },
      {
        "year": 2016,
        "export_value_usd": 1222654.359331194,
        "active_destinations": 21,
        "yoy_growth_pct": 22.92355916040719
      },
      {
        "year": 2017,
        "export_value_usd": 932571.0007108272,
        "active_destinations": 25,
        "yoy_growth_pct": -23.725704358429294
      },
      {
        "year": 2018,
        "export_value_usd": 1326721.195655468,
        "active_destinations": 20,
        "yoy_growth_pct": 42.264899363609885
      },
      {
        "year": 2019,
        "export_value_usd": 881256.1105032262,
        "active_destinations": 22,
        "yoy_growth_pct": -33.576390172326995
      },
      {
        "year": 2020,
        "export_value_usd": 988083.1519247624,
        "active_destinations": 15,
        "yoy_growth_pct": 12.122133412559771
      },
      {
        "year": 2021,
        "export_value_usd": 1218931.1898656425,
        "active_destinations": 17,
        "yoy_growth_pct": 23.363219734208965
      },
      {
        "year": 2022,
        "export_value_usd": 667869.7368342001,
        "active_destinations": 15,
        "yoy_growth_pct": -45.20857761398192
      },
      {
        "year": 2023,
        "export_value_usd": 502732.06310533965,
        "active_destinations": 14,
        "yoy_growth_pct": -24.72603033514246
      },
      {
        "year": 2024,
        "export_value_usd": 252743.76061693765,
        "active_destinations": 6,
        "yoy_growth_pct": -49.72595162207127
      }
    ],
    "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": "910820",
    "hs_description": "Watch movements: complete and assembled, with automatic winding",
    "hs_chapter": 91,
    "hs_heading": 9108
  },
  "destinations": [
    {
      "hs_code": 910820,
      "corridor_rank": 47,
      "exporter_iso3": "ESP",
      "importer_iso3": "CHE",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 163476.30796376898,
      "exports_all_year_avg_usd": 120589.21188517965,
      "exports_avg_3y_usd": 147663.47734777894,
      "exports_avg_5y_usd": 161692.3986298425,
      "exports_avg_10y_usd": 96030.20003224278,
      "exports_cagr_3y_pct": 4.2641028470878695,
      "exports_cagr_5y_pct": 42.162595818172946,
      "exports_cagr_10y_pct": 6.553303673941158,
      "exports_historical_peak_usd": 523615.5681933109,
      "buyer_imports_latest_observed_usd": 21746775.07815294,
      "historical_peak_year": 2009,
      "positive_growth_year_share_pct": 51.851851851851855,
      "trend_acceleration_pct": -2.289200826853288,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -6.3371,
      "buyer_yoy_all_avg_pct": 19.4753,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.7517266692476124,
      "market_share_change_1y_pp": 0.026219253677709276,
      "peer_best_share_pct": 18.595030380606445,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 48,
      "buyer_market_hhi": 1105.12,
      "distance_km": 1153.11669921875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.012764303815058584,
      "tariff_advantage_pp": -0.020929647224547474,
      "volatility_cv": 1.126225686000061,
      "max_drawdown_pct": 95.83512270275442,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 910820,
    "num_markets": 32,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 124346000,
    "lowest_price_importer_iso3": "ITA",
    "lowest_price_usd_per_ton": 12333.333333333334,
    "median_price_across_markets": 485410.8338405356,
    "price_spread_pct": 25614.110357395126,
    "avg_quantity_metric_tons": 0.08914754098360654,
    "total_trade_value_usd": 4151959
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 713821.2027444348,
      "active_destinations": 5,
      "yoy_growth_pct": 35.25864179143793
    },
    {
      "year": 2011,
      "export_value_usd": 1656178.8344768356,
      "active_destinations": 6,
      "yoy_growth_pct": 132.01592052874162
    },
    {
      "year": 2012,
      "export_value_usd": 1808552.6121499548,
      "active_destinations": 3,
      "yoy_growth_pct": 9.200321517286628
    },
    {
      "year": 2013,
      "export_value_usd": 1691561.3682048193,
      "active_destinations": 7,
      "yoy_growth_pct": -6.468777472061468
    },
    {
      "year": 2014,
      "export_value_usd": 1410112.7774840076,
      "active_destinations": 19,
      "yoy_growth_pct": -16.638390779726826
    },
    {
      "year": 2015,
      "export_value_usd": 994646.0773526011,
      "active_destinations": 14,
      "yoy_growth_pct": -29.46336681472404
    },
    {
      "year": 2016,
      "export_value_usd": 1222654.359331194,
      "active_destinations": 21,
      "yoy_growth_pct": 22.92355916040719
    },
    {
      "year": 2017,
      "export_value_usd": 932571.0007108272,
      "active_destinations": 25,
      "yoy_growth_pct": -23.725704358429294
    },
    {
      "year": 2018,
      "export_value_usd": 1326721.195655468,
      "active_destinations": 20,
      "yoy_growth_pct": 42.264899363609885
    },
    {
      "year": 2019,
      "export_value_usd": 881256.1105032262,
      "active_destinations": 22,
      "yoy_growth_pct": -33.576390172326995
    },
    {
      "year": 2020,
      "export_value_usd": 988083.1519247624,
      "active_destinations": 15,
      "yoy_growth_pct": 12.122133412559771
    },
    {
      "year": 2021,
      "export_value_usd": 1218931.1898656425,
      "active_destinations": 17,
      "yoy_growth_pct": 23.363219734208965
    },
    {
      "year": 2022,
      "export_value_usd": 667869.7368342001,
      "active_destinations": 15,
      "yoy_growth_pct": -45.20857761398192
    },
    {
      "year": 2023,
      "export_value_usd": 502732.06310533965,
      "active_destinations": 14,
      "yoy_growth_pct": -24.72603033514246
    },
    {
      "year": 2024,
      "export_value_usd": 252743.76061693765,
      "active_destinations": 6,
      "yoy_growth_pct": -49.72595162207127
    }
  ],
  "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
  }
}