# Ghana HS 440721 exports | Yugalinks

Explore reported HS 440721 exports from Ghana: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Ghana |
| HS6 | 440721 |
| Latest exports | $35.7M |
| Active destinations | 72 |
| Three-year growth | +4.4% |
| Destination HHI | 1,595 |
| Weighted share | 87.8% |

## Destination markets

- India: $12.5M; share 96.7%; growth -8.7%
- USA, Puerto Rico and US Virgin Islands: $1.5M; share 9.9%; growth +20.1%

## Price intelligence

- Highest reported market price: United Kingdom at $84.3K / ton.
- Lowest reported market price: Spain at $23.9 / ton.
- Median reported price: $1.1K / ton.
- Price spread: 7,487.2%.

## Export history

- 2010: $7.4M
- 2011: $24.8M
- 2012: $18.8M
- 2013: $15.0M
- 2014: $34.0M
- 2015: $33.6M
- 2016: $30.4M
- 2017: $27.7M
- 2018: $57.6M
- 2019: $47.3M
- 2020: $37.1M
- 2021: $30.7M
- 2022: $26.0M
- 2023: $23.0M
- 2024: $34.9M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
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    "url": "https://www.yugalinks.com"
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  "canonical": "https://www.yugalinks.com/trade/exporter/gha/440721",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/440721",
    "exporter": "https://www.yugalinks.com/trade/exporter/gha/440721",
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  "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": "440721",
    "exporter_iso3": "GHA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 108,
    "current_lane_count": 72,
    "active_market_count": 72,
    "exports_latest_observed_lanes_usd": 35728964.231155716,
    "exports_current_2024_usd": 34915753.68349791,
    "exports_avg_3y_usd": 27976928.446032945,
    "exports_avg_5y_usd": 30350975.887164913,
    "exports_avg_10y_usd": 34833597.74318564,
    "exports_cagr_3y_pct": 4.37088275372175,
    "exports_cagr_5y_pct": -5.902748049830986,
    "exports_cagr_10y_pct": 0.2777423726997519,
    "exports_all_year_lane_avg_usd": 26216696.774351187,
    "exports_historical_lane_peak_usd": 106353247.36849071,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 37.93103448275862,
    "trend_acceleration_pct": 4.093140381021998,
    "trend_label": "Growing",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 12464619.545593543,
    "top_market_share_pct": 34.88659638983985,
    "destination_hhi": 1594.902272946562,
    "weighted_share_latest_pct": 87.78847860986038,
    "weighted_share_change_1y_pp": 11.109025720595298,
    "weighted_volatility_cv": 1.0934047997768213,
    "weighted_max_drawdown_pct": 87.61947854945981,
    "limited_history_lane_share_pct": 30.555555555555557,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:49",
    "source": "api",
    "product": {
      "hs_code": 440721,
      "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
      "hs_chapter": 44,
      "hs_heading": 4407,
      "substitution_elasticity": -11.293481,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
    "hs_chapter": 44,
    "hs_heading": 4407,
    "destinations": [
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        "hs_code": 440721,
        "corridor_rank": 1,
        "exporter_iso3": "GHA",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 12464619.545593543,
        "exports_all_year_avg_usd": 9669667.960012209,
        "exports_avg_3y_usd": 10998520.48467563,
        "exports_avg_5y_usd": 13292425.54403461,
        "exports_avg_10y_usd": 16694685.907998478,
        "exports_cagr_3y_pct": -8.677375025072308,
        "exports_cagr_5y_pct": -1.1543953607746515,
        "exports_cagr_10y_pct": 1.8902486834048604,
        "exports_historical_peak_usd": 41108968.26605958,
        "buyer_imports_latest_observed_usd": 12886072.230626963,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 65,
        "trend_acceleration_pct": -10.567623708477168,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 6.7071,
        "buyer_yoy_all_avg_pct": 125.127,
        "buyer_trend_consistency_pct": 62.963,
        "market_share_latest_pct": 96.7293937400744,
        "market_share_change_1y_pp": -0.05643202390658075,
        "peer_best_share_pct": 96.7293937400744,
        "peer_top_exporter": "GHA",
        "supplier_count_latest": 5,
        "buyer_market_hhi": 9362.36,
        "distance_km": 8498.109375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5190482622282827,
        "tariff_advantage_pp": 0.4295270524808081,
        "volatility_cv": 0.9465360184620056,
        "max_drawdown_pct": 79.01561190889632,
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        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "hs_code": 440721,
        "corridor_rank": 4,
        "exporter_iso3": "GHA",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1528689.2872154322,
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        "exports_avg_5y_usd": 1918594.5435849677,
        "exports_avg_10y_usd": 1568906.2142339419,
        "exports_cagr_3y_pct": 20.095939850537015,
        "exports_cagr_5y_pct": 8.075036327904739,
        "exports_cagr_10y_pct": 0.029663606474406023,
        "exports_historical_peak_usd": 5415314.1197989695,
        "buyer_imports_latest_observed_usd": 15502041.239084007,
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        "market_share_latest_pct": 9.861212879251505,
        "market_share_change_1y_pp": 2.3022316705305714,
        "peer_best_share_pct": 35.84770913241933,
        "peer_top_exporter": "FJI",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2063.72,
        "distance_km": 8246.1630859375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.02024651849709091,
        "tariff_advantage_pp": 0.0409383032537798,
        "volatility_cv": 0.7269417606276628,
        "max_drawdown_pct": 90.43154429822135,
        "attention_level": "High attention",
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        "risk_driver_labels": "['unrecovered_drawdown','long_distance_without_fta']",
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      "hs_code": 440721,
      "num_markets": 66,
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      "highest_price_usd_per_ton": 84307.4684772066,
      "lowest_price_importer_iso3": "ESP",
      "lowest_price_usd_per_ton": 23.931532554262574,
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      "avg_quantity_metric_tons": 1330.9606394557823,
      "total_trade_value_usd": 123223224
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        "active_destinations": 42,
        "yoy_growth_pct": 186.68637624546355
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      {
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        "export_value_usd": 24849070.50252423,
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        "yoy_growth_pct": 237.66434032070296
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      {
        "year": 2012,
        "export_value_usd": 18806792.571781967,
        "active_destinations": 47,
        "yoy_growth_pct": -24.315911253616
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      {
        "year": 2013,
        "export_value_usd": 15014322.179564105,
        "active_destinations": 41,
        "yoy_growth_pct": -20.165428941392957
      },
      {
        "year": 2014,
        "export_value_usd": 33960646.01817391,
        "active_destinations": 57,
        "yoy_growth_pct": 126.18833945362864
      },
      {
        "year": 2015,
        "export_value_usd": 33591184.713083394,
        "active_destinations": 52,
        "yoy_growth_pct": -1.0879101207108988
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      {
        "year": 2016,
        "export_value_usd": 30410384.663551055,
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        "year": 2019,
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        "year": 2020,
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        "year": 2022,
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        "year": 2023,
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        "year": 2024,
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        "yoy_growth_pct": 51.87957608224365
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      "year": 2024,
      "country_iso3": "GHA",
      "exports_usd": 18307382251.882656,
      "imports_usd": 16869076982.27301,
      "trade_balance_usd": 1438305269.6096458,
      "yoy_exports_growth_pct": 19.63898777973947,
      "yoy_imports_growth_pct": -21.83243987338461,
      "exports_cagr_3y_pct": 9.60778516313663,
      "imports_cagr_3y_pct": -10.320633534005685,
      "export_partner_hhi": 903.3268424211788,
      "export_product_hhi": 2122.676143583925,
      "momentum_score": 16.629626994758617,
      "risk_score": 15.130014930025517,
      "gdp_million_usd": 82308.11038646406,
      "gdp_per_capita_usd": 2390.77237652715,
      "population": 34427414,
      "labor_force": 14447.88,
      "investment_rate_pct": 23.75,
      "savings_rate_pct": 17.8,
      "secondary_education_pct": 69.53,
      "tertiary_education_pct": 4.1,
      "total_factor_productivity": 340.41,
      "trade_openness_pct": 44.21898524706629,
      "exports_gdp_pct": 23.01351197173252,
      "num_active_partners": 270,
      "num_fta_partners": 17,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 7346.275720164609,
      "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": 6.296296296296296,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13212820260293706,
      "avg_mfn_tariff_pct": 0.13732185808967534,
      "avg_preferential_tariff_pct": 0.036201340336054585,
      "tariff_advantage_pp": 0.10112051775362076,
      "avg_distance_all_partners_km": 7319.099498675082,
      "num_border_partners": 70,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.223608472868463,
      "pct_products_high_elasticity": 70.70484581497797,
      "pct_products_low_elasticity": 3.303964757709251,
      "real_market_potential": 113403.60117530223,
      "foreign_market_potential": 25019.84298436845
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    "countryMap": {}
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  "product": {
    "hs_code": "440721",
    "hs_description": "Wood, tropical: as specified in Subheading Note 2 to this Chapter, mahogany (Swietenia spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, thicker than 6mm",
    "hs_chapter": 44,
    "hs_heading": 4407
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      "exporter_iso3": "GHA",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
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      "exports_avg_3y_usd": 10998520.48467563,
      "exports_avg_5y_usd": 13292425.54403461,
      "exports_avg_10y_usd": 16694685.907998478,
      "exports_cagr_3y_pct": -8.677375025072308,
      "exports_cagr_5y_pct": -1.1543953607746515,
      "exports_cagr_10y_pct": 1.8902486834048604,
      "exports_historical_peak_usd": 41108968.26605958,
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      "buyer_yoy_all_avg_pct": 125.127,
      "buyer_trend_consistency_pct": 62.963,
      "market_share_latest_pct": 96.7293937400744,
      "market_share_change_1y_pp": -0.05643202390658075,
      "peer_best_share_pct": 96.7293937400744,
      "peer_top_exporter": "GHA",
      "supplier_count_latest": 5,
      "buyer_market_hhi": 9362.36,
      "distance_km": 8498.109375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.5190482622282827,
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      "volatility_cv": 0.9465360184620056,
      "max_drawdown_pct": 79.01561190889632,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
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      "importer_iso3": "USA",
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      "exports_avg_3y_usd": 2301905.812753146,
      "exports_avg_5y_usd": 1918594.5435849677,
      "exports_avg_10y_usd": 1568906.2142339419,
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      "exports_cagr_10y_pct": 0.029663606474406023,
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      "historical_peak_year": 2005,
      "positive_growth_year_share_pct": 65.51724137931035,
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      "has_reported_fta": 0,
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      "volatility_cv": 0.7269417606276628,
      "max_drawdown_pct": 90.43154429822135,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','long_distance_without_fta']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "GHA",
    "hs_code": 440721,
    "num_markets": 66,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 84307.4684772066,
    "lowest_price_importer_iso3": "ESP",
    "lowest_price_usd_per_ton": 23.931532554262574,
    "median_price_across_markets": 1125.695566325615,
    "price_spread_pct": 7487.240730614442,
    "avg_quantity_metric_tons": 1330.9606394557823,
    "total_trade_value_usd": 123223224
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 7359104.156193504,
      "active_destinations": 42,
      "yoy_growth_pct": 186.68637624546355
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    {
      "year": 2011,
      "export_value_usd": 24849070.50252423,
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      "yoy_growth_pct": 237.66434032070296
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    {
      "year": 2012,
      "export_value_usd": 18806792.571781967,
      "active_destinations": 47,
      "yoy_growth_pct": -24.315911253616
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    {
      "year": 2013,
      "export_value_usd": 15014322.179564105,
      "active_destinations": 41,
      "yoy_growth_pct": -20.165428941392957
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    {
      "year": 2014,
      "export_value_usd": 33960646.01817391,
      "active_destinations": 57,
      "yoy_growth_pct": 126.18833945362864
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    {
      "year": 2015,
      "export_value_usd": 33591184.713083394,
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      "yoy_growth_pct": -1.0879101207108988
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      "year": 2016,
      "export_value_usd": 30410384.663551055,
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      "yoy_growth_pct": -9.46915113801703
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    {
      "year": 2017,
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    {
      "year": 2018,
      "export_value_usd": 57570127.31530611,
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    {
      "year": 2019,
      "export_value_usd": 47330023.4296009,
      "active_destinations": 48,
      "yoy_growth_pct": -17.78718297706923
    },
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      "year": 2020,
      "export_value_usd": 37113844.15881752,
      "active_destinations": 73,
      "yoy_growth_pct": -21.584986717741682
    },
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      "year": 2021,
      "export_value_usd": 30710249.9389082,
      "active_destinations": 50,
      "yoy_growth_pct": -17.253923340592443
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    {
      "year": 2022,
      "export_value_usd": 26025927.665667698,
      "active_destinations": 45,
      "yoy_growth_pct": -15.253286061035029
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    {
      "year": 2023,
      "export_value_usd": 22989103.988933202,
      "active_destinations": 45,
      "yoy_growth_pct": -11.668455071980183
    },
    {
      "year": 2024,
      "export_value_usd": 34915753.68349791,
      "active_destinations": 72,
      "yoy_growth_pct": 51.87957608224365
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  ],
  "economy": {
    "year": 2024,
    "country_iso3": "GHA",
    "exports_usd": 18307382251.882656,
    "imports_usd": 16869076982.27301,
    "trade_balance_usd": 1438305269.6096458,
    "yoy_exports_growth_pct": 19.63898777973947,
    "yoy_imports_growth_pct": -21.83243987338461,
    "exports_cagr_3y_pct": 9.60778516313663,
    "imports_cagr_3y_pct": -10.320633534005685,
    "export_partner_hhi": 903.3268424211788,
    "export_product_hhi": 2122.676143583925,
    "momentum_score": 16.629626994758617,
    "risk_score": 15.130014930025517,
    "gdp_million_usd": 82308.11038646406,
    "gdp_per_capita_usd": 2390.77237652715,
    "population": 34427414,
    "labor_force": 14447.88,
    "investment_rate_pct": 23.75,
    "savings_rate_pct": 17.8,
    "secondary_education_pct": 69.53,
    "tertiary_education_pct": 4.1,
    "total_factor_productivity": 340.41,
    "trade_openness_pct": 44.21898524706629,
    "exports_gdp_pct": 23.01351197173252,
    "num_active_partners": 270,
    "num_fta_partners": 17,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 3,
    "num_shared_language_partners": 77,
    "avg_partner_distance_km": 7346.275720164609,
    "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": 6.296296296296296,
    "pct_partners_shared_language": 28.51851851851852,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13212820260293706,
    "avg_mfn_tariff_pct": 0.13732185808967534,
    "avg_preferential_tariff_pct": 0.036201340336054585,
    "tariff_advantage_pp": 0.10112051775362076,
    "avg_distance_all_partners_km": 7319.099498675082,
    "num_border_partners": 70,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.223608472868463,
    "pct_products_high_elasticity": 70.70484581497797,
    "pct_products_low_elasticity": 3.303964757709251,
    "real_market_potential": 113403.60117530223,
    "foreign_market_potential": 25019.84298436845
  }
}
```