{
  "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/911320",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/911320",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/911320",
    "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": "911320",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 111,
    "current_lane_count": 41,
    "active_market_count": 41,
    "exports_latest_observed_lanes_usd": 971784.3377891179,
    "exports_current_2024_usd": 945865.5310302891,
    "exports_avg_3y_usd": 1013270.1134419991,
    "exports_avg_5y_usd": 865046.6712446917,
    "exports_avg_10y_usd": 601325.2092084154,
    "exports_cagr_3y_pct": 10.535930718903153,
    "exports_cagr_5y_pct": 10.276724109622082,
    "exports_cagr_10y_pct": 4.784063720024445,
    "exports_all_year_lane_avg_usd": 747886.206317124,
    "exports_historical_lane_peak_usd": 3736282.8548401855,
    "historical_peak_year": 2006,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 5.7518669988787074,
    "trend_label": "Rapid growth",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 357728.92436360725,
    "top_market_share_pct": 36.81155483298561,
    "destination_hhi": 2129.075849500143,
    "weighted_share_latest_pct": 1.476616657502458,
    "weighted_share_change_1y_pp": -0.0945440790932077,
    "weighted_volatility_cv": 1.5620898122720335,
    "weighted_max_drawdown_pct": 95.3190055166054,
    "limited_history_lane_share_pct": 41.44144144144144,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 911320,
      "hs_description": "Watch straps, watch bands, watch bracelets, and parts thereof: of base metal, whether or not gold- or silver-plated",
      "hs_chapter": 91,
      "hs_heading": 9113,
      "substitution_elasticity": -6.9344673,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Watch straps, watch bands, watch bracelets, and parts thereof: of base metal, whether or not gold- or silver-plated",
    "hs_chapter": 91,
    "hs_heading": 9113,
    "destinations": [
      {
        "hs_code": 911320,
        "corridor_rank": 82,
        "exporter_iso3": "ESP",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 17,
        "exports_latest_observed_usd": 357728.92436360725,
        "exports_all_year_avg_usd": 47124.08139833184,
        "exports_avg_3y_usd": 357728.92436360725,
        "exports_avg_5y_usd": 244476.36515453542,
        "exports_avg_10y_usd": 106380.91456941872,
        "exports_cagr_3y_pct": 47.27514011957712,
        "exports_cagr_5y_pct": 146.6648541971216,
        "exports_cagr_10y_pct": 173.97796608693565,
        "exports_historical_peak_usd": 357728.92436360725,
        "buyer_imports_latest_observed_usd": 56424401.42320611,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 43.75,
        "trend_acceleration_pct": -126.70282596735854,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 105.3231,
        "buyer_yoy_all_avg_pct": 3.8429,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.6339968441676394,
        "market_share_change_1y_pp": 0.38173019276788206,
        "peer_best_share_pct": 55.08135381475847,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 3623.56,
        "distance_km": 10777.423828125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.039966357792484856,
        "tariff_advantage_pp": 0.030413669105984857,
        "volatility_cv": 2.1450519078946995,
        "max_drawdown_pct": 99.96839155576339,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 911320,
      "num_markets": 63,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 33797500,
      "lowest_price_importer_iso3": "FIN",
      "lowest_price_usd_per_ton": 6000,
      "median_price_across_markets": 171487.1794871795,
      "price_spread_pct": 19704.97159090909,
      "avg_quantity_metric_tons": 0.09079255319148939,
      "total_trade_value_usd": 4191317
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 238378.81069206065,
        "active_destinations": 43,
        "yoy_growth_pct": -53.09138446923922
      },
      {
        "year": 2011,
        "export_value_usd": 246437.426864884,
        "active_destinations": 43,
        "yoy_growth_pct": 3.3805924903424116
      },
      {
        "year": 2012,
        "export_value_usd": 706112.6256871603,
        "active_destinations": 49,
        "yoy_growth_pct": 186.52816038137976
      },
      {
        "year": 2013,
        "export_value_usd": 443592.12779327214,
        "active_destinations": 38,
        "yoy_growth_pct": -37.17827558152126
      },
      {
        "year": 2014,
        "export_value_usd": 592757.4587724722,
        "active_destinations": 41,
        "yoy_growth_pct": 33.62668578481082
      },
      {
        "year": 2015,
        "export_value_usd": 271201.2232757526,
        "active_destinations": 38,
        "yoy_growth_pct": -54.247522445794786
      },
      {
        "year": 2016,
        "export_value_usd": 233696.2410676267,
        "active_destinations": 43,
        "yoy_growth_pct": -13.829208347630322
      },
      {
        "year": 2017,
        "export_value_usd": 290952.2358616959,
        "active_destinations": 47,
        "yoy_growth_pct": 24.500177894389218
      },
      {
        "year": 2018,
        "export_value_usd": 312192.9091069206,
        "active_destinations": 45,
        "yoy_growth_pct": 7.300398700260013
      },
      {
        "year": 2019,
        "export_value_usd": 579976.1265486991,
        "active_destinations": 47,
        "yoy_growth_pct": 85.77491981090046
      },
      {
        "year": 2020,
        "export_value_usd": 585066.8085986127,
        "active_destinations": 52,
        "yoy_growth_pct": 0.8777399304704163
      },
      {
        "year": 2021,
        "export_value_usd": 700356.2072988488,
        "active_destinations": 48,
        "yoy_growth_pct": 19.705339117832413
      },
      {
        "year": 2022,
        "export_value_usd": 748405.3282418414,
        "active_destinations": 47,
        "yoy_growth_pct": 6.860668962771054
      },
      {
        "year": 2023,
        "export_value_usd": 1345539.4810538664,
        "active_destinations": 50,
        "yoy_growth_pct": 79.78753361027191
      },
      {
        "year": 2024,
        "export_value_usd": 945865.5310302891,
        "active_destinations": 41,
        "yoy_growth_pct": -29.703621160974098
      }
    ],
    "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": "911320",
    "hs_description": "Watch straps, watch bands, watch bracelets, and parts thereof: of base metal, whether or not gold- or silver-plated",
    "hs_chapter": 91,
    "hs_heading": 9113
  },
  "destinations": [
    {
      "hs_code": 911320,
      "corridor_rank": 82,
      "exporter_iso3": "ESP",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 17,
      "exports_latest_observed_usd": 357728.92436360725,
      "exports_all_year_avg_usd": 47124.08139833184,
      "exports_avg_3y_usd": 357728.92436360725,
      "exports_avg_5y_usd": 244476.36515453542,
      "exports_avg_10y_usd": 106380.91456941872,
      "exports_cagr_3y_pct": 47.27514011957712,
      "exports_cagr_5y_pct": 146.6648541971216,
      "exports_cagr_10y_pct": 173.97796608693565,
      "exports_historical_peak_usd": 357728.92436360725,
      "buyer_imports_latest_observed_usd": 56424401.42320611,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 43.75,
      "trend_acceleration_pct": -126.70282596735854,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 105.3231,
      "buyer_yoy_all_avg_pct": 3.8429,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.6339968441676394,
      "market_share_change_1y_pp": 0.38173019276788206,
      "peer_best_share_pct": 55.08135381475847,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 3623.56,
      "distance_km": 10777.423828125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.039966357792484856,
      "tariff_advantage_pp": 0.030413669105984857,
      "volatility_cv": 2.1450519078946995,
      "max_drawdown_pct": 99.96839155576339,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 911320,
    "num_markets": 63,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 33797500,
    "lowest_price_importer_iso3": "FIN",
    "lowest_price_usd_per_ton": 6000,
    "median_price_across_markets": 171487.1794871795,
    "price_spread_pct": 19704.97159090909,
    "avg_quantity_metric_tons": 0.09079255319148939,
    "total_trade_value_usd": 4191317
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 238378.81069206065,
      "active_destinations": 43,
      "yoy_growth_pct": -53.09138446923922
    },
    {
      "year": 2011,
      "export_value_usd": 246437.426864884,
      "active_destinations": 43,
      "yoy_growth_pct": 3.3805924903424116
    },
    {
      "year": 2012,
      "export_value_usd": 706112.6256871603,
      "active_destinations": 49,
      "yoy_growth_pct": 186.52816038137976
    },
    {
      "year": 2013,
      "export_value_usd": 443592.12779327214,
      "active_destinations": 38,
      "yoy_growth_pct": -37.17827558152126
    },
    {
      "year": 2014,
      "export_value_usd": 592757.4587724722,
      "active_destinations": 41,
      "yoy_growth_pct": 33.62668578481082
    },
    {
      "year": 2015,
      "export_value_usd": 271201.2232757526,
      "active_destinations": 38,
      "yoy_growth_pct": -54.247522445794786
    },
    {
      "year": 2016,
      "export_value_usd": 233696.2410676267,
      "active_destinations": 43,
      "yoy_growth_pct": -13.829208347630322
    },
    {
      "year": 2017,
      "export_value_usd": 290952.2358616959,
      "active_destinations": 47,
      "yoy_growth_pct": 24.500177894389218
    },
    {
      "year": 2018,
      "export_value_usd": 312192.9091069206,
      "active_destinations": 45,
      "yoy_growth_pct": 7.300398700260013
    },
    {
      "year": 2019,
      "export_value_usd": 579976.1265486991,
      "active_destinations": 47,
      "yoy_growth_pct": 85.77491981090046
    },
    {
      "year": 2020,
      "export_value_usd": 585066.8085986127,
      "active_destinations": 52,
      "yoy_growth_pct": 0.8777399304704163
    },
    {
      "year": 2021,
      "export_value_usd": 700356.2072988488,
      "active_destinations": 48,
      "yoy_growth_pct": 19.705339117832413
    },
    {
      "year": 2022,
      "export_value_usd": 748405.3282418414,
      "active_destinations": 47,
      "yoy_growth_pct": 6.860668962771054
    },
    {
      "year": 2023,
      "export_value_usd": 1345539.4810538664,
      "active_destinations": 50,
      "yoy_growth_pct": 79.78753361027191
    },
    {
      "year": 2024,
      "export_value_usd": 945865.5310302891,
      "active_destinations": 41,
      "yoy_growth_pct": -29.703621160974098
    }
  ],
  "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
  }
}