{
  "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/911019",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/911019",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/911019",
    "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": "911019",
    "exporter_iso3": "ESP",
    "first_data_year": 1998,
    "latest_data_year": 2024,
    "observed_lane_count": 28,
    "current_lane_count": 8,
    "active_market_count": 8,
    "exports_latest_observed_lanes_usd": 211361.30857384938,
    "exports_current_2024_usd": 201281.15327655902,
    "exports_avg_3y_usd": 167554.69739953917,
    "exports_avg_5y_usd": 163575.40545801973,
    "exports_avg_10y_usd": 112419.15476326748,
    "exports_cagr_3y_pct": 6.483889768216122,
    "exports_cagr_5y_pct": 14.725226594196572,
    "exports_cagr_10y_pct": 189.04846084825095,
    "exports_all_year_lane_avg_usd": 128786.55899750776,
    "exports_historical_lane_peak_usd": 285580.4915888091,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 45.45454545454545,
    "trend_acceleration_pct": -182.56457108003482,
    "trend_label": "Growing",
    "top_market_iso3": "CHE",
    "top_market_exports_usd": 186779.67189914273,
    "top_market_share_pct": 88.36985026229725,
    "destination_hhi": 7835.7237453664175,
    "weighted_share_latest_pct": 11.239575944800489,
    "weighted_share_change_1y_pp": 5.085864961168521,
    "weighted_volatility_cv": 0.7106659574534215,
    "weighted_max_drawdown_pct": 86.76978087613948,
    "limited_history_lane_share_pct": 89.28571428571429,
    "data_freshness_years": 0,
    "coverage_score": 74,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 911019,
      "hs_description": "Watches: rough movements",
      "hs_chapter": 91,
      "hs_heading": 9110,
      "substitution_elasticity": -9.4647045,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Watches: rough movements",
    "hs_chapter": 91,
    "hs_heading": 9110,
    "destinations": [
      {
        "hs_code": 911019,
        "corridor_rank": 17,
        "exporter_iso3": "ESP",
        "importer_iso3": "CHE",
        "latest_data_year": 2024,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 186779.67189914273,
        "exports_all_year_avg_usd": 87450.06957036136,
        "exports_avg_3y_usd": 124762.35599486913,
        "exports_avg_5y_usd": 136802.7437176564,
        "exports_avg_10y_usd": 97024.25281354721,
        "exports_cagr_3y_pct": 4.8866410929435,
        "exports_cagr_5y_pct": 13.420111763359511,
        "exports_cagr_10y_pct": 64.56213744943118,
        "exports_historical_peak_usd": 186779.67189914273,
        "buyer_imports_latest_observed_usd": 1868517.969861767,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": -59.67549635648768,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 51.5983,
        "buyer_yoy_all_avg_pct": 34.1126,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 9.99613998429786,
        "market_share_change_1y_pp": 4.013862224580622,
        "peer_best_share_pct": 61.23707062820192,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 4117.21,
        "distance_km": 1153.11669921875,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7203282492451497,
        "max_drawdown_pct": 91.06115669472382,
        "attention_level": "Not monitored",
        "primary_risk_reason": "No detailed risk classification is available",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:31"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 911019,
      "num_markets": 5,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 37979000,
      "lowest_price_importer_iso3": "USA",
      "lowest_price_usd_per_ton": 132000,
      "median_price_across_markets": 1056000,
      "price_spread_pct": 3583.996212121212,
      "avg_quantity_metric_tons": 0.06981818181818182,
      "total_trade_value_usd": 603075
    },
    "history": [
      {
        "year": 2007,
        "export_value_usd": 2935.6796174623814,
        "active_destinations": 5,
        "yoy_growth_pct": 8622.724704252638
      },
      {
        "year": 2009,
        "export_value_usd": 367.8395753119552,
        "active_destinations": 1,
        "yoy_growth_pct": -87.4700368145105
      },
      {
        "year": 2010,
        "export_value_usd": 1369.880767158952,
        "active_destinations": 3,
        "yoy_growth_pct": 272.4125567503692
      },
      {
        "year": 2011,
        "export_value_usd": 505.06106641522405,
        "active_destinations": 2,
        "yoy_growth_pct": -63.13101997462965
      },
      {
        "year": 2012,
        "export_value_usd": 17.090369284753976,
        "active_destinations": 1,
        "yoy_growth_pct": -96.61617764242719
      },
      {
        "year": 2013,
        "export_value_usd": 4.944205355313469,
        "active_destinations": 1,
        "yoy_growth_pct": -71.07022514882631
      },
      {
        "year": 2016,
        "export_value_usd": 2155.9455464165394,
        "active_destinations": 3,
        "yoy_growth_pct": 43505.501622208605
      },
      {
        "year": 2017,
        "export_value_usd": 66099.33224899962,
        "active_destinations": 1,
        "yoy_growth_pct": 2965.9091719113812
      },
      {
        "year": 2018,
        "export_value_usd": 24363.63274252578,
        "active_destinations": 3,
        "yoy_growth_pct": -63.14087916842078
      },
      {
        "year": 2019,
        "export_value_usd": 101276.45504136682,
        "active_destinations": 7,
        "yoy_growth_pct": 315.6870041165605
      },
      {
        "year": 2020,
        "export_value_usd": 148506.8738291863,
        "active_destinations": 2,
        "yoy_growth_pct": 46.63514216461074
      },
      {
        "year": 2021,
        "export_value_usd": 166706.06126229477,
        "active_destinations": 4,
        "yoy_growth_pct": 12.254777818595315
      },
      {
        "year": 2022,
        "export_value_usd": 165306.33839239043,
        "active_destinations": 3,
        "yoy_growth_pct": -0.8396352593934867
      },
      {
        "year": 2023,
        "export_value_usd": 136076.6005296681,
        "active_destinations": 3,
        "yoy_growth_pct": -17.6821640034995
      },
      {
        "year": 2024,
        "export_value_usd": 201281.15327655902,
        "active_destinations": 8,
        "yoy_growth_pct": 47.91753504503128
      }
    ],
    "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": "911019",
    "hs_description": "Watches: rough movements",
    "hs_chapter": 91,
    "hs_heading": 9110
  },
  "destinations": [
    {
      "hs_code": 911019,
      "corridor_rank": 17,
      "exporter_iso3": "ESP",
      "importer_iso3": "CHE",
      "latest_data_year": 2024,
      "lane_data_years": 10,
      "exports_latest_observed_usd": 186779.67189914273,
      "exports_all_year_avg_usd": 87450.06957036136,
      "exports_avg_3y_usd": 124762.35599486913,
      "exports_avg_5y_usd": 136802.7437176564,
      "exports_avg_10y_usd": 97024.25281354721,
      "exports_cagr_3y_pct": 4.8866410929435,
      "exports_cagr_5y_pct": 13.420111763359511,
      "exports_cagr_10y_pct": 64.56213744943118,
      "exports_historical_peak_usd": 186779.67189914273,
      "buyer_imports_latest_observed_usd": 1868517.969861767,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 55.55555555555556,
      "trend_acceleration_pct": -59.67549635648768,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 51.5983,
      "buyer_yoy_all_avg_pct": 34.1126,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 9.99613998429786,
      "market_share_change_1y_pp": 4.013862224580622,
      "peer_best_share_pct": 61.23707062820192,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 14,
      "buyer_market_hhi": 4117.21,
      "distance_km": 1153.11669921875,
      "has_reported_fta": 1,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7203282492451497,
      "max_drawdown_pct": 91.06115669472382,
      "attention_level": "Not monitored",
      "primary_risk_reason": "No detailed risk classification is available",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:31"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 911019,
    "num_markets": 5,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 37979000,
    "lowest_price_importer_iso3": "USA",
    "lowest_price_usd_per_ton": 132000,
    "median_price_across_markets": 1056000,
    "price_spread_pct": 3583.996212121212,
    "avg_quantity_metric_tons": 0.06981818181818182,
    "total_trade_value_usd": 603075
  },
  "history": [
    {
      "year": 2007,
      "export_value_usd": 2935.6796174623814,
      "active_destinations": 5,
      "yoy_growth_pct": 8622.724704252638
    },
    {
      "year": 2009,
      "export_value_usd": 367.8395753119552,
      "active_destinations": 1,
      "yoy_growth_pct": -87.4700368145105
    },
    {
      "year": 2010,
      "export_value_usd": 1369.880767158952,
      "active_destinations": 3,
      "yoy_growth_pct": 272.4125567503692
    },
    {
      "year": 2011,
      "export_value_usd": 505.06106641522405,
      "active_destinations": 2,
      "yoy_growth_pct": -63.13101997462965
    },
    {
      "year": 2012,
      "export_value_usd": 17.090369284753976,
      "active_destinations": 1,
      "yoy_growth_pct": -96.61617764242719
    },
    {
      "year": 2013,
      "export_value_usd": 4.944205355313469,
      "active_destinations": 1,
      "yoy_growth_pct": -71.07022514882631
    },
    {
      "year": 2016,
      "export_value_usd": 2155.9455464165394,
      "active_destinations": 3,
      "yoy_growth_pct": 43505.501622208605
    },
    {
      "year": 2017,
      "export_value_usd": 66099.33224899962,
      "active_destinations": 1,
      "yoy_growth_pct": 2965.9091719113812
    },
    {
      "year": 2018,
      "export_value_usd": 24363.63274252578,
      "active_destinations": 3,
      "yoy_growth_pct": -63.14087916842078
    },
    {
      "year": 2019,
      "export_value_usd": 101276.45504136682,
      "active_destinations": 7,
      "yoy_growth_pct": 315.6870041165605
    },
    {
      "year": 2020,
      "export_value_usd": 148506.8738291863,
      "active_destinations": 2,
      "yoy_growth_pct": 46.63514216461074
    },
    {
      "year": 2021,
      "export_value_usd": 166706.06126229477,
      "active_destinations": 4,
      "yoy_growth_pct": 12.254777818595315
    },
    {
      "year": 2022,
      "export_value_usd": 165306.33839239043,
      "active_destinations": 3,
      "yoy_growth_pct": -0.8396352593934867
    },
    {
      "year": 2023,
      "export_value_usd": 136076.6005296681,
      "active_destinations": 3,
      "yoy_growth_pct": -17.6821640034995
    },
    {
      "year": 2024,
      "export_value_usd": 201281.15327655902,
      "active_destinations": 8,
      "yoy_growth_pct": 47.91753504503128
    }
  ],
  "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
  }
}