{
  "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/920290",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920290",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/920290",
    "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": "920290",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 153,
    "current_lane_count": 98,
    "active_market_count": 98,
    "exports_latest_observed_lanes_usd": 15743751.035612084,
    "exports_current_2024_usd": 15442857.637372324,
    "exports_avg_3y_usd": 16997778.731201876,
    "exports_avg_5y_usd": 18087239.470004592,
    "exports_avg_10y_usd": 17338058.549249496,
    "exports_cagr_3y_pct": -11.029598836898447,
    "exports_cagr_5y_pct": -1.8451391138539108,
    "exports_cagr_10y_pct": -1.075949700836809,
    "exports_all_year_lane_avg_usd": 20029662.1175575,
    "exports_historical_lane_peak_usd": 47885447.34177155,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -9.953649136061639,
    "trend_label": "Rapid decline",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 2096456.1969568587,
    "top_market_share_pct": 13.3161162941075,
    "destination_hhi": 623.5724452588837,
    "weighted_share_latest_pct": 9.287523766877856,
    "weighted_share_change_1y_pp": -0.08390546220277764,
    "weighted_volatility_cv": 0.49198039503350743,
    "weighted_max_drawdown_pct": 71.64043098434581,
    "limited_history_lane_share_pct": 23.529411764705884,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 920290,
      "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
      "hs_chapter": 92,
      "hs_heading": 9202,
      "substitution_elasticity": -6.159667,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
    "hs_chapter": 92,
    "hs_heading": 9202,
    "destinations": [
      {
        "hs_code": 920290,
        "corridor_rank": 51,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2096456.1969568587,
        "exports_all_year_avg_usd": 1980644.9781288544,
        "exports_avg_3y_usd": 1889007.722637283,
        "exports_avg_5y_usd": 1777668.3288986955,
        "exports_avg_10y_usd": 1539971.7126446415,
        "exports_cagr_3y_pct": 3.8586909215447385,
        "exports_cagr_5y_pct": 5.798067849038802,
        "exports_cagr_10y_pct": 7.12997760642331,
        "exports_historical_peak_usd": 4239724.491329209,
        "buyer_imports_latest_observed_usd": 178620589.19900548,
        "historical_peak_year": 2006,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -3.2712866848785715,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 22.8616,
        "buyer_yoy_all_avg_pct": 5.0295,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 1.173692353360869,
        "market_share_change_1y_pp": -0.034030719257110764,
        "peer_best_share_pct": 45.554765157995554,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 89,
        "buyer_market_hhi": 3047.21,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.44868622655370793,
        "max_drawdown_pct": 75.16649526520045,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 67,
        "exporter_iso3": "ESP",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1612963.6060003466,
        "exports_all_year_avg_usd": 2231584.191045066,
        "exports_avg_3y_usd": 1920683.2702959683,
        "exports_avg_5y_usd": 2127726.1405904004,
        "exports_avg_10y_usd": 1755958.8693882409,
        "exports_cagr_3y_pct": -17.55009717164149,
        "exports_cagr_5y_pct": 2.2316188139156923,
        "exports_cagr_10y_pct": 1.078559212742669,
        "exports_historical_peak_usd": 4406965.195056835,
        "buyer_imports_latest_observed_usd": 58797404.60257692,
        "historical_peak_year": 1996,
        "positive_growth_year_share_pct": 37.93103448275862,
        "trend_acceleration_pct": -18.628656384384158,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -5.9139,
        "buyer_yoy_all_avg_pct": 4.7352,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.7432564700817683,
        "market_share_change_1y_pp": -0.35851519307073243,
        "peer_best_share_pct": 30.72006737979886,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 87,
        "buyer_market_hhi": 1535.72,
        "distance_km": 1479.33154296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3523821201676862,
        "max_drawdown_pct": 72.60084272231113,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 73,
        "exporter_iso3": "ESP",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1408060.8588862247,
        "exports_all_year_avg_usd": 1375540.041921416,
        "exports_avg_3y_usd": 1739391.0720938083,
        "exports_avg_5y_usd": 1741132.2808100428,
        "exports_avg_10y_usd": 1462891.1243587728,
        "exports_cagr_3y_pct": -15.030786442250143,
        "exports_cagr_5y_pct": 5.030083700862797,
        "exports_cagr_10y_pct": 1.3449805960959127,
        "exports_historical_peak_usd": 2295285.0625814972,
        "buyer_imports_latest_observed_usd": 15131394.13756268,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -16.375767038346055,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -6.5825,
        "buyer_yoy_all_avg_pct": 2.3759,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 9.305559329730283,
        "market_share_change_1y_pp": -0.3761789734712213,
        "peer_best_share_pct": 24.751114835213155,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 1549.59,
        "distance_km": 1366.760498046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.2808497116310249,
        "max_drawdown_pct": 49.50704791358411,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 78,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1220892.613695392,
        "exports_all_year_avg_usd": 2326710.4606508696,
        "exports_avg_3y_usd": 1619797.3742283247,
        "exports_avg_5y_usd": 1782770.8811795388,
        "exports_avg_10y_usd": 1918130.0759182163,
        "exports_cagr_3y_pct": -18.862534475092673,
        "exports_cagr_5y_pct": -5.649496440282487,
        "exports_cagr_10y_pct": -6.7970285902023475,
        "exports_historical_peak_usd": 3919867.250456839,
        "buyer_imports_latest_observed_usd": 31246778.472686116,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -12.065505884890324,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -8.3349,
        "buyer_yoy_all_avg_pct": 3.7647,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.907259158772531,
        "market_share_change_1y_pp": -1.4980619282936765,
        "peer_best_share_pct": 28.96995811846622,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 93,
        "buyer_market_hhi": 1535.81,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.2973355183500352,
        "max_drawdown_pct": 68.85372550427304,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 97,
        "exporter_iso3": "ESP",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 777925.0056224603,
        "exports_all_year_avg_usd": 847647.5453511014,
        "exports_avg_3y_usd": 800003.7589613901,
        "exports_avg_5y_usd": 858787.7189661503,
        "exports_avg_10y_usd": 852959.9575949073,
        "exports_cagr_3y_pct": 3.5409252549396752,
        "exports_cagr_5y_pct": -0.01980032925690267,
        "exports_cagr_10y_pct": -2.6940731508735993,
        "exports_historical_peak_usd": 1507982.7633926368,
        "buyer_imports_latest_observed_usd": 37211421.455772236,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 6.234998405813275,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 5.444,
        "buyer_yoy_all_avg_pct": 4.304,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 2.090554392142922,
        "market_share_change_1y_pp": -0.14889542053373228,
        "peer_best_share_pct": 31.54828357148193,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 70,
        "buyer_market_hhi": 1994.58,
        "distance_km": 1263.3787841796875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.2603503911589306,
        "max_drawdown_pct": 57.60077202222942,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 920290,
      "num_markets": 122,
      "highest_price_importer_iso3": "BRA",
      "highest_price_usd_per_ton": 1834000,
      "lowest_price_importer_iso3": "LBR",
      "lowest_price_usd_per_ton": 34.146341463414636,
      "median_price_across_markets": 75540,
      "price_spread_pct": 2427.8075902284045,
      "avg_quantity_metric_tons": 2.5391719077568125,
      "total_trade_value_usd": 80441335
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 21137228.268417694,
        "active_destinations": 101,
        "yoy_growth_pct": -9.779381743807157
      },
      {
        "year": 2011,
        "export_value_usd": 21792038.070361465,
        "active_destinations": 98,
        "yoy_growth_pct": 3.0978981426914864
      },
      {
        "year": 2012,
        "export_value_usd": 18621757.279841993,
        "active_destinations": 98,
        "yoy_growth_pct": -14.547885701573055
      },
      {
        "year": 2013,
        "export_value_usd": 16390527.008442838,
        "active_destinations": 91,
        "yoy_growth_pct": -11.981845955077809
      },
      {
        "year": 2014,
        "export_value_usd": 17207143.155509938,
        "active_destinations": 105,
        "yoy_growth_pct": 4.982244601692532
      },
      {
        "year": 2015,
        "export_value_usd": 15974669.176317727,
        "active_destinations": 101,
        "yoy_growth_pct": -7.162571776463411
      },
      {
        "year": 2016,
        "export_value_usd": 15715196.938836448,
        "active_destinations": 104,
        "yoy_growth_pct": -1.6242729950611063
      },
      {
        "year": 2017,
        "export_value_usd": 16801814.17043428,
        "active_destinations": 99,
        "yoy_growth_pct": 6.914435980834018
      },
      {
        "year": 2018,
        "export_value_usd": 17502750.55610677,
        "active_destinations": 109,
        "yoy_growth_pct": 4.171789894604994
      },
      {
        "year": 2019,
        "export_value_usd": 16949957.30077675,
        "active_destinations": 99,
        "yoy_growth_pct": -3.1583221937488406
      },
      {
        "year": 2020,
        "export_value_usd": 17515265.13388475,
        "active_destinations": 93,
        "yoy_growth_pct": 3.3351578595545757
      },
      {
        "year": 2021,
        "export_value_usd": 21927596.022532575,
        "active_destinations": 96,
        "yoy_growth_pct": 25.191345120501772
      },
      {
        "year": 2022,
        "export_value_usd": 19099939.496143106,
        "active_destinations": 98,
        "yoy_growth_pct": -12.89542421104346
      },
      {
        "year": 2023,
        "export_value_usd": 16450539.060090203,
        "active_destinations": 99,
        "yoy_growth_pct": -13.871250412012575
      },
      {
        "year": 2024,
        "export_value_usd": 15442857.63737233,
        "active_destinations": 98,
        "yoy_growth_pct": -6.125522203479377
      }
    ],
    "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": "920290",
    "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
    "hs_chapter": 92,
    "hs_heading": 9202
  },
  "destinations": [
    {
      "hs_code": 920290,
      "corridor_rank": 51,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2096456.1969568587,
      "exports_all_year_avg_usd": 1980644.9781288544,
      "exports_avg_3y_usd": 1889007.722637283,
      "exports_avg_5y_usd": 1777668.3288986955,
      "exports_avg_10y_usd": 1539971.7126446415,
      "exports_cagr_3y_pct": 3.8586909215447385,
      "exports_cagr_5y_pct": 5.798067849038802,
      "exports_cagr_10y_pct": 7.12997760642331,
      "exports_historical_peak_usd": 4239724.491329209,
      "buyer_imports_latest_observed_usd": 178620589.19900548,
      "historical_peak_year": 2006,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -3.2712866848785715,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 22.8616,
      "buyer_yoy_all_avg_pct": 5.0295,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 1.173692353360869,
      "market_share_change_1y_pp": -0.034030719257110764,
      "peer_best_share_pct": 45.554765157995554,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 89,
      "buyer_market_hhi": 3047.21,
      "distance_km": 5770.26416015625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04674475463696969,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.44868622655370793,
      "max_drawdown_pct": 75.16649526520045,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
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