{
  "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/911390",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/911390",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/911390",
    "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": "911390",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 141,
    "current_lane_count": 79,
    "active_market_count": 79,
    "exports_latest_observed_lanes_usd": 6888213.253197616,
    "exports_current_2024_usd": 6400737.2958782725,
    "exports_avg_3y_usd": 4084618.3833207334,
    "exports_avg_5y_usd": 3451940.9987641745,
    "exports_avg_10y_usd": 3668471.380633416,
    "exports_cagr_3y_pct": 27.465587517752876,
    "exports_cagr_5y_pct": 22.11219477948514,
    "exports_cagr_10y_pct": -0.7560303890312703,
    "exports_all_year_lane_avg_usd": 2721143.1998675824,
    "exports_historical_lane_peak_usd": 16143234.009636754,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 28.221617906784147,
    "trend_label": "Rapid growth",
    "top_market_iso3": "PRT",
    "top_market_exports_usd": 2337945.661578573,
    "top_market_share_pct": 33.94124972093833,
    "destination_hhi": 2232.590326030939,
    "weighted_share_latest_pct": 26.324254090685713,
    "weighted_share_change_1y_pp": 20.377135567531052,
    "weighted_volatility_cv": 1.8489368633177519,
    "weighted_max_drawdown_pct": 87.10317258984335,
    "limited_history_lane_share_pct": 24.113475177304963,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 911390,
      "hs_description": "Watch straps, watch bands, watch bracelets, and parts thereof: n.e.s. in heading no. 9113",
      "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: n.e.s. in heading no. 9113",
    "hs_chapter": 91,
    "hs_heading": 9113,
    "destinations": [
      {
        "hs_code": 911390,
        "corridor_rank": 63,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2337945.661578573,
        "exports_all_year_avg_usd": 664119.6612699658,
        "exports_avg_3y_usd": 1405942.9143520377,
        "exports_avg_5y_usd": 1036742.4539654541,
        "exports_avg_10y_usd": 1118899.1717255395,
        "exports_cagr_3y_pct": 63.04416838815627,
        "exports_cagr_5y_pct": 37.814959219809,
        "exports_cagr_10y_pct": 3.4142296479352074,
        "exports_historical_peak_usd": 2337945.661578573,
        "buyer_imports_latest_observed_usd": 12340082.677116945,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 59.629938740221064,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.1169,
        "buyer_yoy_all_avg_pct": 8.1361,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 18.945948116814364,
        "market_share_change_1y_pp": 8.451965623817769,
        "peer_best_share_pct": 44.90004748977806,
        "peer_top_exporter": "CHE",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 2763.64,
        "distance_km": 500.9222717285156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8602359271691323,
        "max_drawdown_pct": 85.05466357177748,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 911390,
      "num_markets": 110,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 12233833.333333334,
      "lowest_price_importer_iso3": "GHA",
      "lowest_price_usd_per_ton": 714.2857142857142,
      "median_price_across_markets": 167273.89443651927,
      "price_spread_pct": 7313.226662670629,
      "avg_quantity_metric_tons": 0.2508860103626943,
      "total_trade_value_usd": 14612154
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1625340.4366579344,
        "active_destinations": 70,
        "yoy_growth_pct": -36.00261076400845
      },
      {
        "year": 2011,
        "export_value_usd": 1483222.556916025,
        "active_destinations": 80,
        "yoy_growth_pct": -8.743883837292314
      },
      {
        "year": 2012,
        "export_value_usd": 1371652.1405534614,
        "active_destinations": 86,
        "yoy_growth_pct": -7.522162863713806
      },
      {
        "year": 2013,
        "export_value_usd": 2510802.7519813958,
        "active_destinations": 88,
        "yoy_growth_pct": 83.04952675306491
      },
      {
        "year": 2014,
        "export_value_usd": 6905398.277312948,
        "active_destinations": 81,
        "yoy_growth_pct": 175.0275095032282
      },
      {
        "year": 2015,
        "export_value_usd": 4982652.335583645,
        "active_destinations": 90,
        "yoy_growth_pct": -27.844099131056765
      },
      {
        "year": 2016,
        "export_value_usd": 3636696.467943211,
        "active_destinations": 94,
        "yoy_growth_pct": -27.012839286985386
      },
      {
        "year": 2017,
        "export_value_usd": 4253584.639728582,
        "active_destinations": 91,
        "yoy_growth_pct": 16.962872134727863
      },
      {
        "year": 2018,
        "export_value_usd": 4194667.019391443,
        "active_destinations": 82,
        "yoy_growth_pct": -1.3851286697541605
      },
      {
        "year": 2019,
        "export_value_usd": 2357408.3498664107,
        "active_destinations": 85,
        "yoy_growth_pct": -43.79986923947969
      },
      {
        "year": 2020,
        "export_value_usd": 1915190.447155926,
        "active_destinations": 87,
        "yoy_growth_pct": -18.75864666109053
      },
      {
        "year": 2021,
        "export_value_usd": 3090659.396702746,
        "active_destinations": 86,
        "yoy_growth_pct": 61.376086712023934
      },
      {
        "year": 2022,
        "export_value_usd": 2454997.4407510823,
        "active_destinations": 94,
        "yoy_growth_pct": -20.56719535739902
      },
      {
        "year": 2023,
        "export_value_usd": 3398120.413332848,
        "active_destinations": 87,
        "yoy_growth_pct": 38.416454409550276
      },
      {
        "year": 2024,
        "export_value_usd": 6400737.2958782725,
        "active_destinations": 79,
        "yoy_growth_pct": 88.36110900497735
      }
    ],
    "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": "911390",
    "hs_description": "Watch straps, watch bands, watch bracelets, and parts thereof: n.e.s. in heading no. 9113",
    "hs_chapter": 91,
    "hs_heading": 9113
  },
  "destinations": [
    {
      "hs_code": 911390,
      "corridor_rank": 63,
      "exporter_iso3": "ESP",
      "importer_iso3": "PRT",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2337945.661578573,
      "exports_all_year_avg_usd": 664119.6612699658,
      "exports_avg_3y_usd": 1405942.9143520377,
      "exports_avg_5y_usd": 1036742.4539654541,
      "exports_avg_10y_usd": 1118899.1717255395,
      "exports_cagr_3y_pct": 63.04416838815627,
      "exports_cagr_5y_pct": 37.814959219809,
      "exports_cagr_10y_pct": 3.4142296479352074,
      "exports_historical_peak_usd": 2337945.661578573,
      "buyer_imports_latest_observed_usd": 12340082.677116945,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 59.629938740221064,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 2.1169,
      "buyer_yoy_all_avg_pct": 8.1361,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 18.945948116814364,
      "market_share_change_1y_pp": 8.451965623817769,
      "peer_best_share_pct": 44.90004748977806,
      "peer_top_exporter": "CHE",
      "supplier_count_latest": 58,
      "buyer_market_hhi": 2763.64,
      "distance_km": 500.9222717285156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8602359271691323,
      "max_drawdown_pct": 85.05466357177748,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 911390,
    "num_markets": 110,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 12233833.333333334,
    "lowest_price_importer_iso3": "GHA",
    "lowest_price_usd_per_ton": 714.2857142857142,
    "median_price_across_markets": 167273.89443651927,
    "price_spread_pct": 7313.226662670629,
    "avg_quantity_metric_tons": 0.2508860103626943,
    "total_trade_value_usd": 14612154
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1625340.4366579344,
      "active_destinations": 70,
      "yoy_growth_pct": -36.00261076400845
    },
    {
      "year": 2011,
      "export_value_usd": 1483222.556916025,
      "active_destinations": 80,
      "yoy_growth_pct": -8.743883837292314
    },
    {
      "year": 2012,
      "export_value_usd": 1371652.1405534614,
      "active_destinations": 86,
      "yoy_growth_pct": -7.522162863713806
    },
    {
      "year": 2013,
      "export_value_usd": 2510802.7519813958,
      "active_destinations": 88,
      "yoy_growth_pct": 83.04952675306491
    },
    {
      "year": 2014,
      "export_value_usd": 6905398.277312948,
      "active_destinations": 81,
      "yoy_growth_pct": 175.0275095032282
    },
    {
      "year": 2015,
      "export_value_usd": 4982652.335583645,
      "active_destinations": 90,
      "yoy_growth_pct": -27.844099131056765
    },
    {
      "year": 2016,
      "export_value_usd": 3636696.467943211,
      "active_destinations": 94,
      "yoy_growth_pct": -27.012839286985386
    },
    {
      "year": 2017,
      "export_value_usd": 4253584.639728582,
      "active_destinations": 91,
      "yoy_growth_pct": 16.962872134727863
    },
    {
      "year": 2018,
      "export_value_usd": 4194667.019391443,
      "active_destinations": 82,
      "yoy_growth_pct": -1.3851286697541605
    },
    {
      "year": 2019,
      "export_value_usd": 2357408.3498664107,
      "active_destinations": 85,
      "yoy_growth_pct": -43.79986923947969
    },
    {
      "year": 2020,
      "export_value_usd": 1915190.447155926,
      "active_destinations": 87,
      "yoy_growth_pct": -18.75864666109053
    },
    {
      "year": 2021,
      "export_value_usd": 3090659.396702746,
      "active_destinations": 86,
      "yoy_growth_pct": 61.376086712023934
    },
    {
      "year": 2022,
      "export_value_usd": 2454997.4407510823,
      "active_destinations": 94,
      "yoy_growth_pct": -20.56719535739902
    },
    {
      "year": 2023,
      "export_value_usd": 3398120.413332848,
      "active_destinations": 87,
      "yoy_growth_pct": 38.416454409550276
    },
    {
      "year": 2024,
      "export_value_usd": 6400737.2958782725,
      "active_destinations": 79,
      "yoy_growth_pct": 88.36110900497735
    }
  ],
  "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
  }
}