{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/geo/851610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851610",
    "exporter": "https://www.yugalinks.com/trade/exporter/geo/851610",
    "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": "851610",
    "exporter_iso3": "GEO",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 70,
    "current_lane_count": 25,
    "active_market_count": 25,
    "exports_latest_observed_lanes_usd": 19153262.31064675,
    "exports_current_2024_usd": 18672936.37812119,
    "exports_avg_3y_usd": 18365996.42123032,
    "exports_avg_5y_usd": 16205050.570150465,
    "exports_avg_10y_usd": 10332611.201975789,
    "exports_cagr_3y_pct": 7.122119755511891,
    "exports_cagr_5y_pct": 10.876052807226122,
    "exports_cagr_10y_pct": 21.482871776163414,
    "exports_all_year_lane_avg_usd": 11200756.239935499,
    "exports_historical_lane_peak_usd": 29864698.574262854,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 61.53846153846154,
    "trend_acceleration_pct": -14.360752020651523,
    "trend_label": "Growing",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 11430811.236648766,
    "top_market_share_pct": 59.68075334244604,
    "destination_hhi": 4035.072140817647,
    "weighted_share_latest_pct": 3.9545229290861026,
    "weighted_share_change_1y_pp": 0.8228025943044682,
    "weighted_volatility_cv": 0.803326074628863,
    "weighted_max_drawdown_pct": 32.222850223353774,
    "limited_history_lane_share_pct": 71.42857142857143,
    "data_freshness_years": 0,
    "coverage_score": 82.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:48",
    "source": "api",
    "product": {
      "hs_code": 851610,
      "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -3.2050343,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [
      {
        "hs_code": 851610,
        "corridor_rank": 61,
        "exporter_iso3": "GEO",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 7,
        "exports_latest_observed_usd": 11430811.236648766,
        "exports_all_year_avg_usd": 5215884.8830705555,
        "exports_avg_3y_usd": 8133454.021744135,
        "exports_avg_5y_usd": 6813104.4410234345,
        "exports_avg_10y_usd": 6085188.039379284,
        "exports_cagr_3y_pct": 20.02997185479243,
        "exports_cagr_5y_pct": 36.125068486688285,
        "exports_cagr_10y_pct": 234.10992304991018,
        "exports_historical_peak_usd": 11430811.236648766,
        "buyer_imports_latest_observed_usd": 231916215.8213354,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 83.33333333333333,
        "trend_acceleration_pct": -214.07995119511776,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.115,
        "buyer_yoy_all_avg_pct": 12.893,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.9288538087629385,
        "market_share_change_1y_pp": 2.070727448720863,
        "peer_best_share_pct": 28.42394422196285,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 74,
        "buyer_market_hhi": 1589.51,
        "distance_km": 3373.348876953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.01721847908195402,
        "tariff_advantage_pp": 0.034294771414648206,
        "volatility_cv": 0.6615213918312787,
        "max_drawdown_pct": 1.9927115564700209,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "GEO",
      "hs_code": 851610,
      "num_markets": 37,
      "highest_price_importer_iso3": "SRB",
      "highest_price_usd_per_ton": 309636.36363636365,
      "lowest_price_importer_iso3": "KAZ",
      "lowest_price_usd_per_ton": 1666.6666666666667,
      "median_price_across_markets": 4818.475035479293,
      "price_spread_pct": 6391.434939520513,
      "avg_quantity_metric_tons": 158.47214444444444,
      "total_trade_value_usd": 62547136
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 115952.03798898213,
        "active_destinations": 6,
        "yoy_growth_pct": 278.8503854076698
      },
      {
        "year": 2011,
        "export_value_usd": 1058718.9337431507,
        "active_destinations": 11,
        "yoy_growth_pct": 813.0662574846257
      },
      {
        "year": 2012,
        "export_value_usd": 1542096.839140864,
        "active_destinations": 12,
        "yoy_growth_pct": 45.65686793648887
      },
      {
        "year": 2013,
        "export_value_usd": 2214601.144108025,
        "active_destinations": 12,
        "yoy_growth_pct": 43.60973240447258
      },
      {
        "year": 2014,
        "export_value_usd": 2667240.1466389657,
        "active_destinations": 16,
        "yoy_growth_pct": 20.43884984595049
      },
      {
        "year": 2015,
        "export_value_usd": 1977157.516791431,
        "active_destinations": 19,
        "yoy_growth_pct": -25.87253460162256
      },
      {
        "year": 2016,
        "export_value_usd": 1237757.2374915858,
        "active_destinations": 12,
        "yoy_growth_pct": -37.397135686981485
      },
      {
        "year": 2017,
        "export_value_usd": 1246701.9887672965,
        "active_destinations": 13,
        "yoy_growth_pct": 0.7226579659382979
      },
      {
        "year": 2018,
        "export_value_usd": 6695685.542730529,
        "active_destinations": 11,
        "yoy_growth_pct": 437.07185863648397
      },
      {
        "year": 2019,
        "export_value_usd": 11143556.883224746,
        "active_destinations": 17,
        "yoy_growth_pct": 66.42891623432418
      },
      {
        "year": 2020,
        "export_value_usd": 10736656.050127344,
        "active_destinations": 17,
        "yoy_growth_pct": -3.6514448426241817
      },
      {
        "year": 2021,
        "export_value_usd": 15190607.536934022,
        "active_destinations": 18,
        "yoy_growth_pct": 41.48360035016536
      },
      {
        "year": 2022,
        "export_value_usd": 20158676.61297996,
        "active_destinations": 27,
        "yoy_growth_pct": 32.70487413993622
      },
      {
        "year": 2023,
        "export_value_usd": 16266376.272589818,
        "active_destinations": 23,
        "yoy_growth_pct": -19.308312817935334
      },
      {
        "year": 2024,
        "export_value_usd": 18672936.37812119,
        "active_destinations": 25,
        "yoy_growth_pct": 14.794690994494108
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "GEO",
      "exports_usd": 4320925171.093931,
      "imports_usd": 15858123458.709436,
      "trade_balance_usd": -11537198287.615505,
      "yoy_exports_growth_pct": 3.7600689286898303,
      "yoy_imports_growth_pct": 15.189823527488189,
      "exports_cagr_3y_pct": 3.4756029625315987,
      "imports_cagr_3y_pct": 17.723238967162747,
      "export_partner_hhi": 613.068240694619,
      "export_product_hhi": 249.74222263746447,
      "momentum_score": 3.674729138842361,
      "risk_score": 4.314052316660417,
      "gdp_million_usd": 34189.42354499553,
      "gdp_per_capita_usd": 9241.49122313713,
      "population": 3699557,
      "labor_force": 2127.25,
      "investment_rate_pct": 27.83,
      "savings_rate_pct": 10.52,
      "secondary_education_pct": 92.63,
      "tertiary_education_pct": 25.23,
      "total_factor_productivity": 565.69,
      "trade_openness_pct": 74.93857988707943,
      "exports_gdp_pct": 16.046544218238008,
      "num_active_partners": 270,
      "num_fta_partners": 44,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 6740.127572016461,
      "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": 16.296296296296298,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.10667500903863765,
      "avg_mfn_tariff_pct": 0.1123070880404484,
      "avg_preferential_tariff_pct": 0.01950594949198855,
      "tariff_advantage_pp": 0.09280113854845984,
      "avg_distance_all_partners_km": 6783.449789936869,
      "num_border_partners": 100,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.12493443239084,
      "pct_products_high_elasticity": 70.62091503267975,
      "pct_products_low_elasticity": 3.6274509803921573,
      "real_market_potential": 9812541.416885043,
      "foreign_market_potential": 287468.77768997586
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "851610",
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [
    {
      "hs_code": 851610,
      "corridor_rank": 61,
      "exporter_iso3": "GEO",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 7,
      "exports_latest_observed_usd": 11430811.236648766,
      "exports_all_year_avg_usd": 5215884.8830705555,
      "exports_avg_3y_usd": 8133454.021744135,
      "exports_avg_5y_usd": 6813104.4410234345,
      "exports_avg_10y_usd": 6085188.039379284,
      "exports_cagr_3y_pct": 20.02997185479243,
      "exports_cagr_5y_pct": 36.125068486688285,
      "exports_cagr_10y_pct": 234.10992304991018,
      "exports_historical_peak_usd": 11430811.236648766,
      "buyer_imports_latest_observed_usd": 231916215.8213354,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 83.33333333333333,
      "trend_acceleration_pct": -214.07995119511776,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 2.115,
      "buyer_yoy_all_avg_pct": 12.893,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 4.9288538087629385,
      "market_share_change_1y_pp": 2.070727448720863,
      "peer_best_share_pct": 28.42394422196285,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 74,
      "buyer_market_hhi": 1589.51,
      "distance_km": 3373.348876953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.01721847908195402,
      "tariff_advantage_pp": 0.034294771414648206,
      "volatility_cv": 0.6615213918312787,
      "max_drawdown_pct": 1.9927115564700209,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "GEO",
    "hs_code": 851610,
    "num_markets": 37,
    "highest_price_importer_iso3": "SRB",
    "highest_price_usd_per_ton": 309636.36363636365,
    "lowest_price_importer_iso3": "KAZ",
    "lowest_price_usd_per_ton": 1666.6666666666667,
    "median_price_across_markets": 4818.475035479293,
    "price_spread_pct": 6391.434939520513,
    "avg_quantity_metric_tons": 158.47214444444444,
    "total_trade_value_usd": 62547136
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 115952.03798898213,
      "active_destinations": 6,
      "yoy_growth_pct": 278.8503854076698
    },
    {
      "year": 2011,
      "export_value_usd": 1058718.9337431507,
      "active_destinations": 11,
      "yoy_growth_pct": 813.0662574846257
    },
    {
      "year": 2012,
      "export_value_usd": 1542096.839140864,
      "active_destinations": 12,
      "yoy_growth_pct": 45.65686793648887
    },
    {
      "year": 2013,
      "export_value_usd": 2214601.144108025,
      "active_destinations": 12,
      "yoy_growth_pct": 43.60973240447258
    },
    {
      "year": 2014,
      "export_value_usd": 2667240.1466389657,
      "active_destinations": 16,
      "yoy_growth_pct": 20.43884984595049
    },
    {
      "year": 2015,
      "export_value_usd": 1977157.516791431,
      "active_destinations": 19,
      "yoy_growth_pct": -25.87253460162256
    },
    {
      "year": 2016,
      "export_value_usd": 1237757.2374915858,
      "active_destinations": 12,
      "yoy_growth_pct": -37.397135686981485
    },
    {
      "year": 2017,
      "export_value_usd": 1246701.9887672965,
      "active_destinations": 13,
      "yoy_growth_pct": 0.7226579659382979
    },
    {
      "year": 2018,
      "export_value_usd": 6695685.542730529,
      "active_destinations": 11,
      "yoy_growth_pct": 437.07185863648397
    },
    {
      "year": 2019,
      "export_value_usd": 11143556.883224746,
      "active_destinations": 17,
      "yoy_growth_pct": 66.42891623432418
    },
    {
      "year": 2020,
      "export_value_usd": 10736656.050127344,
      "active_destinations": 17,
      "yoy_growth_pct": -3.6514448426241817
    },
    {
      "year": 2021,
      "export_value_usd": 15190607.536934022,
      "active_destinations": 18,
      "yoy_growth_pct": 41.48360035016536
    },
    {
      "year": 2022,
      "export_value_usd": 20158676.61297996,
      "active_destinations": 27,
      "yoy_growth_pct": 32.70487413993622
    },
    {
      "year": 2023,
      "export_value_usd": 16266376.272589818,
      "active_destinations": 23,
      "yoy_growth_pct": -19.308312817935334
    },
    {
      "year": 2024,
      "export_value_usd": 18672936.37812119,
      "active_destinations": 25,
      "yoy_growth_pct": 14.794690994494108
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "GEO",
    "exports_usd": 4320925171.093931,
    "imports_usd": 15858123458.709436,
    "trade_balance_usd": -11537198287.615505,
    "yoy_exports_growth_pct": 3.7600689286898303,
    "yoy_imports_growth_pct": 15.189823527488189,
    "exports_cagr_3y_pct": 3.4756029625315987,
    "imports_cagr_3y_pct": 17.723238967162747,
    "export_partner_hhi": 613.068240694619,
    "export_product_hhi": 249.74222263746447,
    "momentum_score": 3.674729138842361,
    "risk_score": 4.314052316660417,
    "gdp_million_usd": 34189.42354499553,
    "gdp_per_capita_usd": 9241.49122313713,
    "population": 3699557,
    "labor_force": 2127.25,
    "investment_rate_pct": 27.83,
    "savings_rate_pct": 10.52,
    "secondary_education_pct": 92.63,
    "tertiary_education_pct": 25.23,
    "total_factor_productivity": 565.69,
    "trade_openness_pct": 74.93857988707943,
    "exports_gdp_pct": 16.046544218238008,
    "num_active_partners": 270,
    "num_fta_partners": 44,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 6740.127572016461,
    "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": 16.296296296296298,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 1.4814814814814816,
    "avg_applied_tariff_pct": 0.10667500903863765,
    "avg_mfn_tariff_pct": 0.1123070880404484,
    "avg_preferential_tariff_pct": 0.01950594949198855,
    "tariff_advantage_pp": 0.09280113854845984,
    "avg_distance_all_partners_km": 6783.449789936869,
    "num_border_partners": 100,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.12493443239084,
    "pct_products_high_elasticity": 70.62091503267975,
    "pct_products_low_elasticity": 3.6274509803921573,
    "real_market_potential": 9812541.416885043,
    "foreign_market_potential": 287468.77768997586
  }
}