{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/hkg/040221",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040221",
    "exporter": "https://www.yugalinks.com/trade/exporter/hkg/040221",
    "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": "040221",
    "exporter_iso3": "HKG",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 85,
    "current_lane_count": 9,
    "active_market_count": 9,
    "exports_latest_observed_lanes_usd": 31776153.306175217,
    "exports_current_2024_usd": 28053608.765757784,
    "exports_avg_3y_usd": 25284306.29075018,
    "exports_avg_5y_usd": 25470315.12443653,
    "exports_avg_10y_usd": 57236469.01263764,
    "exports_cagr_3y_pct": 0.09496753711180084,
    "exports_cagr_5y_pct": -5.993173063150747,
    "exports_cagr_10y_pct": -10.360613764602544,
    "exports_all_year_lane_avg_usd": 27023165.597889606,
    "exports_historical_lane_peak_usd": 169635292.5088833,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 44.827586206896555,
    "trend_acceleration_pct": 10.455581301714345,
    "trend_label": "Stable",
    "top_market_iso3": "MAC",
    "top_market_exports_usd": 27342790.038691133,
    "top_market_share_pct": 86.04814363536406,
    "destination_hhi": 7420.603477711016,
    "weighted_share_latest_pct": 86.36597002435444,
    "weighted_share_change_1y_pp": 2.0587654071141985,
    "weighted_volatility_cv": 1.6132126947665926,
    "weighted_max_drawdown_pct": 91.92540852068188,
    "limited_history_lane_share_pct": 74.11764705882354,
    "data_freshness_years": 0,
    "coverage_score": 74.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:54",
    "source": "api",
    "product": {
      "hs_code": 40221,
      "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
      "hs_chapter": 4,
      "hs_heading": 402,
      "substitution_elasticity": -6.0457845,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402,
    "destinations": [
      {
        "hs_code": 40221,
        "corridor_rank": 59,
        "exporter_iso3": "HKG",
        "importer_iso3": "MAC",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 27342790.038691133,
        "exports_all_year_avg_usd": 21784390.749410942,
        "exports_avg_3y_usd": 24664505.60010503,
        "exports_avg_5y_usd": 24631858.598010313,
        "exports_avg_10y_usd": 54853572.89988855,
        "exports_cagr_3y_pct": 0.5281174034707181,
        "exports_cagr_5y_pct": -5.093510833173987,
        "exports_cagr_10y_pct": -10.43242690841314,
        "exports_historical_peak_usd": 145056880.5008343,
        "buyer_imports_latest_observed_usd": 27423059.03899286,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 10.960544311883858,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -4.1703,
        "buyer_yoy_all_avg_pct": 25.3192,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 99.70729377715452,
        "market_share_change_1y_pp": 1.848842077660052,
        "peer_best_share_pct": 99.7072937771545,
        "peer_top_exporter": "HKG",
        "supplier_count_latest": 13,
        "buyer_market_hhi": 9941.56,
        "distance_km": 60.770565032958984,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6828621566361082,
        "max_drawdown_pct": 99.50189735771534,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','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": "HKG",
      "hs_code": 40221,
      "num_markets": 23,
      "highest_price_importer_iso3": "CZE",
      "highest_price_usd_per_ton": 40000,
      "lowest_price_importer_iso3": "TON",
      "lowest_price_usd_per_ton": 2000,
      "median_price_across_markets": 14343.682402341265,
      "price_spread_pct": 264.92499578628014,
      "avg_quantity_metric_tons": 1876.119978723404,
      "total_trade_value_usd": 1961126230
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1634309.8765732364,
        "active_destinations": 12,
        "yoy_growth_pct": 168.41909954800553
      },
      {
        "year": 2011,
        "export_value_usd": 1394670.7050962804,
        "active_destinations": 19,
        "yoy_growth_pct": -14.663019229830699
      },
      {
        "year": 2012,
        "export_value_usd": 2649845.9055218515,
        "active_destinations": 17,
        "yoy_growth_pct": 89.9979612276233
      },
      {
        "year": 2013,
        "export_value_usd": 6745426.659170874,
        "active_destinations": 22,
        "yoy_growth_pct": 154.55920456032908
      },
      {
        "year": 2014,
        "export_value_usd": 83752926.98582189,
        "active_destinations": 14,
        "yoy_growth_pct": 1141.6253443650444
      },
      {
        "year": 2015,
        "export_value_usd": 148017945.96887934,
        "active_destinations": 11,
        "yoy_growth_pct": 76.73166932295578
      },
      {
        "year": 2016,
        "export_value_usd": 129154215.2349862,
        "active_destinations": 12,
        "yoy_growth_pct": -12.744218689441364
      },
      {
        "year": 2017,
        "export_value_usd": 61876734.662876114,
        "active_destinations": 16,
        "yoy_growth_pct": -52.090812870260464
      },
      {
        "year": 2018,
        "export_value_usd": 67752922.76830085,
        "active_destinations": 13,
        "yoy_growth_pct": 9.496603428477684
      },
      {
        "year": 2019,
        "export_value_usd": 38211295.86915119,
        "active_destinations": 11,
        "yoy_growth_pct": -43.60199633036513
      },
      {
        "year": 2020,
        "export_value_usd": 23524821.881568827,
        "active_destinations": 10,
        "yoy_growth_pct": -38.434901652835784
      },
      {
        "year": 2021,
        "export_value_usd": 27973834.868363287,
        "active_destinations": 12,
        "yoy_growth_pct": 18.911994357245966
      },
      {
        "year": 2022,
        "export_value_usd": 19337377.41069868,
        "active_destinations": 10,
        "yoy_growth_pct": -30.873341100014567
      },
      {
        "year": 2023,
        "export_value_usd": 28461932.69579408,
        "active_destinations": 6,
        "yoy_growth_pct": 47.18610539217749
      },
      {
        "year": 2024,
        "export_value_usd": 28053608.765757784,
        "active_destinations": 9,
        "yoy_growth_pct": -1.4346317743089692
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "HKG",
      "exports_usd": 153218814639.72852,
      "imports_usd": 417846014907.37115,
      "trade_balance_usd": -264627200267.64264,
      "yoy_exports_growth_pct": 3.6280923159413225,
      "yoy_imports_growth_pct": 1.6071108846417381,
      "exports_cagr_3y_pct": -4.922787551326746,
      "imports_cagr_3y_pct": -0.3400696910802692,
      "export_partner_hhi": 1199.9124608112613,
      "export_product_hhi": 615.5538713564995,
      "momentum_score": 1.0628283557609022,
      "risk_score": 9.077331660838803,
      "gdp_million_usd": 406863.39648734155,
      "gdp_per_capita_usd": 54074.69285194795,
      "population": 7524100,
      "labor_force": 3823.13,
      "investment_rate_pct": 22.99,
      "savings_rate_pct": 22.16,
      "secondary_education_pct": 92.54,
      "tertiary_education_pct": 27.89,
      "total_factor_productivity": 2099.77,
      "trade_openness_pct": 175.07416110356294,
      "exports_gdp_pct": 46.97304763034854,
      "num_active_partners": 270,
      "num_fta_partners": 22,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 1,
      "num_shared_language_partners": 82,
      "avg_partner_distance_km": 9551.9670781893,
      "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": 8.148148148148149,
      "pct_partners_shared_language": 30.37037037037037,
      "pct_partners_shared_border": 0.3703703703703704,
      "avg_applied_tariff_pct": 0.13462173834356606,
      "avg_mfn_tariff_pct": 0.13832556573909252,
      "avg_preferential_tariff_pct": 0.04451096216649276,
      "tariff_advantage_pp": 0.09381460357259977,
      "avg_distance_all_partners_km": 9699.666409594265,
      "num_border_partners": 25,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.614901355291828,
      "pct_products_high_elasticity": 75.43562439496611,
      "pct_products_low_elasticity": 2.7105517909002903,
      "real_market_potential": 728468.0125759835,
      "foreign_market_potential": 13626.736907663428
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040221",
    "hs_description": "Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)",
    "hs_chapter": 4,
    "hs_heading": 402
  },
  "destinations": [
    {
      "hs_code": 40221,
      "corridor_rank": 59,
      "exporter_iso3": "HKG",
      "importer_iso3": "MAC",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 27342790.038691133,
      "exports_all_year_avg_usd": 21784390.749410942,
      "exports_avg_3y_usd": 24664505.60010503,
      "exports_avg_5y_usd": 24631858.598010313,
      "exports_avg_10y_usd": 54853572.89988855,
      "exports_cagr_3y_pct": 0.5281174034707181,
      "exports_cagr_5y_pct": -5.093510833173987,
      "exports_cagr_10y_pct": -10.43242690841314,
      "exports_historical_peak_usd": 145056880.5008343,
      "buyer_imports_latest_observed_usd": 27423059.03899286,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 10.960544311883858,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -4.1703,
      "buyer_yoy_all_avg_pct": 25.3192,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 99.70729377715452,
      "market_share_change_1y_pp": 1.848842077660052,
      "peer_best_share_pct": 99.7072937771545,
      "peer_top_exporter": "HKG",
      "supplier_count_latest": 13,
      "buyer_market_hhi": 9941.56,
      "distance_km": 60.770565032958984,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6828621566361082,
      "max_drawdown_pct": 99.50189735771534,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','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": "HKG",
    "hs_code": 40221,
    "num_markets": 23,
    "highest_price_importer_iso3": "CZE",
    "highest_price_usd_per_ton": 40000,
    "lowest_price_importer_iso3": "TON",
    "lowest_price_usd_per_ton": 2000,
    "median_price_across_markets": 14343.682402341265,
    "price_spread_pct": 264.92499578628014,
    "avg_quantity_metric_tons": 1876.119978723404,
    "total_trade_value_usd": 1961126230
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1634309.8765732364,
      "active_destinations": 12,
      "yoy_growth_pct": 168.41909954800553
    },
    {
      "year": 2011,
      "export_value_usd": 1394670.7050962804,
      "active_destinations": 19,
      "yoy_growth_pct": -14.663019229830699
    },
    {
      "year": 2012,
      "export_value_usd": 2649845.9055218515,
      "active_destinations": 17,
      "yoy_growth_pct": 89.9979612276233
    },
    {
      "year": 2013,
      "export_value_usd": 6745426.659170874,
      "active_destinations": 22,
      "yoy_growth_pct": 154.55920456032908
    },
    {
      "year": 2014,
      "export_value_usd": 83752926.98582189,
      "active_destinations": 14,
      "yoy_growth_pct": 1141.6253443650444
    },
    {
      "year": 2015,
      "export_value_usd": 148017945.96887934,
      "active_destinations": 11,
      "yoy_growth_pct": 76.73166932295578
    },
    {
      "year": 2016,
      "export_value_usd": 129154215.2349862,
      "active_destinations": 12,
      "yoy_growth_pct": -12.744218689441364
    },
    {
      "year": 2017,
      "export_value_usd": 61876734.662876114,
      "active_destinations": 16,
      "yoy_growth_pct": -52.090812870260464
    },
    {
      "year": 2018,
      "export_value_usd": 67752922.76830085,
      "active_destinations": 13,
      "yoy_growth_pct": 9.496603428477684
    },
    {
      "year": 2019,
      "export_value_usd": 38211295.86915119,
      "active_destinations": 11,
      "yoy_growth_pct": -43.60199633036513
    },
    {
      "year": 2020,
      "export_value_usd": 23524821.881568827,
      "active_destinations": 10,
      "yoy_growth_pct": -38.434901652835784
    },
    {
      "year": 2021,
      "export_value_usd": 27973834.868363287,
      "active_destinations": 12,
      "yoy_growth_pct": 18.911994357245966
    },
    {
      "year": 2022,
      "export_value_usd": 19337377.41069868,
      "active_destinations": 10,
      "yoy_growth_pct": -30.873341100014567
    },
    {
      "year": 2023,
      "export_value_usd": 28461932.69579408,
      "active_destinations": 6,
      "yoy_growth_pct": 47.18610539217749
    },
    {
      "year": 2024,
      "export_value_usd": 28053608.765757784,
      "active_destinations": 9,
      "yoy_growth_pct": -1.4346317743089692
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "HKG",
    "exports_usd": 153218814639.72852,
    "imports_usd": 417846014907.37115,
    "trade_balance_usd": -264627200267.64264,
    "yoy_exports_growth_pct": 3.6280923159413225,
    "yoy_imports_growth_pct": 1.6071108846417381,
    "exports_cagr_3y_pct": -4.922787551326746,
    "imports_cagr_3y_pct": -0.3400696910802692,
    "export_partner_hhi": 1199.9124608112613,
    "export_product_hhi": 615.5538713564995,
    "momentum_score": 1.0628283557609022,
    "risk_score": 9.077331660838803,
    "gdp_million_usd": 406863.39648734155,
    "gdp_per_capita_usd": 54074.69285194795,
    "population": 7524100,
    "labor_force": 3823.13,
    "investment_rate_pct": 22.99,
    "savings_rate_pct": 22.16,
    "secondary_education_pct": 92.54,
    "tertiary_education_pct": 27.89,
    "total_factor_productivity": 2099.77,
    "trade_openness_pct": 175.07416110356294,
    "exports_gdp_pct": 46.97304763034854,
    "num_active_partners": 270,
    "num_fta_partners": 22,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 1,
    "num_shared_language_partners": 82,
    "avg_partner_distance_km": 9551.9670781893,
    "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": 8.148148148148149,
    "pct_partners_shared_language": 30.37037037037037,
    "pct_partners_shared_border": 0.3703703703703704,
    "avg_applied_tariff_pct": 0.13462173834356606,
    "avg_mfn_tariff_pct": 0.13832556573909252,
    "avg_preferential_tariff_pct": 0.04451096216649276,
    "tariff_advantage_pp": 0.09381460357259977,
    "avg_distance_all_partners_km": 9699.666409594265,
    "num_border_partners": 25,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -10.614901355291828,
    "pct_products_high_elasticity": 75.43562439496611,
    "pct_products_low_elasticity": 2.7105517909002903,
    "real_market_potential": 728468.0125759835,
    "foreign_market_potential": 13626.736907663428
  }
}