{
  "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/710121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/710121",
    "exporter": "https://www.yugalinks.com/trade/exporter/hkg/710121",
    "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": "710121",
    "exporter_iso3": "HKG",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 101,
    "current_lane_count": 34,
    "active_market_count": 34,
    "exports_latest_observed_lanes_usd": 37115577.28474631,
    "exports_current_2024_usd": 36767230.844414845,
    "exports_avg_3y_usd": 33089202.93173633,
    "exports_avg_5y_usd": 23990170.40292466,
    "exports_avg_10y_usd": 44944346.926294155,
    "exports_cagr_3y_pct": 39.75284903908236,
    "exports_cagr_5y_pct": 10.209995658100347,
    "exports_cagr_10y_pct": -3.0056270704802546,
    "exports_all_year_lane_avg_usd": 53015833.75833286,
    "exports_historical_lane_peak_usd": 244833886.3969955,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 42.758476109562615,
    "trend_label": "Rapid growth",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 16097882.617652953,
    "top_market_share_pct": 43.372308327988286,
    "destination_hhi": 2435.1432427377376,
    "weighted_share_latest_pct": 32.931561326242026,
    "weighted_share_change_1y_pp": 7.184620930496889,
    "weighted_volatility_cv": 0.9543486888111303,
    "weighted_max_drawdown_pct": 95.3483795614965,
    "limited_history_lane_share_pct": 32.67326732673267,
    "data_freshness_years": 0,
    "coverage_score": 97,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:54",
    "source": "api",
    "product": {
      "hs_code": 710121,
      "hs_description": "Pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport",
      "hs_chapter": 71,
      "hs_heading": 7101,
      "substitution_elasticity": null,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport",
    "hs_chapter": 71,
    "hs_heading": 7101,
    "destinations": [
      {
        "hs_code": 710121,
        "corridor_rank": 5,
        "exporter_iso3": "HKG",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 16097882.617652953,
        "exports_all_year_avg_usd": 20260488.807555802,
        "exports_avg_3y_usd": 14459876.704532547,
        "exports_avg_5y_usd": 9918361.711245034,
        "exports_avg_10y_usd": 16025684.495223198,
        "exports_cagr_3y_pct": 74.03618279319144,
        "exports_cagr_5y_pct": 5.051433709919362,
        "exports_cagr_10y_pct": -3.3540920444065647,
        "exports_historical_peak_usd": 51463040.41475903,
        "buyer_imports_latest_observed_usd": 276766434.89724475,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 77.39027483759801,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -27.0414,
        "buyer_yoy_all_avg_pct": 4.7984,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 5.816414343606958,
        "market_share_change_1y_pp": 0.8767595369206305,
        "peer_best_share_pct": 39.63739336330305,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2654.9,
        "distance_km": 2891.224609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019192582961135757,
        "tariff_advantage_pp": 0.025107009371248493,
        "volatility_cv": 0.5455179354293067,
        "max_drawdown_pct": 94.06590262959227,
        "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','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 710121,
        "corridor_rank": 13,
        "exporter_iso3": "HKG",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4617672.401938402,
        "exports_all_year_avg_usd": 6573175.493217514,
        "exports_avg_3y_usd": 4804095.824133893,
        "exports_avg_5y_usd": 3824433.1808272554,
        "exports_avg_10y_usd": 17773656.169119887,
        "exports_cagr_3y_pct": 2.9312479667321423,
        "exports_cagr_5y_pct": 4.109353089506795,
        "exports_cagr_10y_pct": 18.459876731836733,
        "exports_historical_peak_usd": 105034320.32736759,
        "buyer_imports_latest_observed_usd": 11671224.422696248,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 41.37931034482759,
        "trend_acceleration_pct": -15.52862876510459,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -23.491,
        "buyer_yoy_all_avg_pct": 292.489,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 39.564592665690874,
        "market_share_change_1y_pp": 1.210799832949121,
        "peer_best_share_pct": 39.56459266569088,
        "peer_top_exporter": "HKG",
        "supplier_count_latest": 11,
        "buyer_market_hhi": 3056.71,
        "distance_km": 3763.475341796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373737,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.0328266879299264,
        "max_drawdown_pct": 99.5472141099896,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 710121,
        "corridor_rank": 18,
        "exporter_iso3": "HKG",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2749289.51663536,
        "exports_all_year_avg_usd": 9412061.55759882,
        "exports_avg_3y_usd": 2564516.932354372,
        "exports_avg_5y_usd": 2130581.403332178,
        "exports_avg_10y_usd": 3776452.409848011,
        "exports_cagr_3y_pct": 17.099284734279973,
        "exports_cagr_5y_pct": 9.046421094495383,
        "exports_cagr_10y_pct": -12.180447365792046,
        "exports_historical_peak_usd": 19495974.75949849,
        "buyer_imports_latest_observed_usd": 13614711.867274204,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 29.279732100072017,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 23.7405,
        "buyer_yoy_all_avg_pct": -0.5597,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 20.193519653132363,
        "market_share_change_1y_pp": 0.3502006007371463,
        "peer_best_share_pct": 22.761426566428774,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 1588.9,
        "distance_km": 12969.5830078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5758215674577614,
        "max_drawdown_pct": 93.60307244585839,
        "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"
      },
      {
        "hs_code": 710121,
        "corridor_rank": 28,
        "exporter_iso3": "HKG",
        "importer_iso3": "THA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1184059.6468392601,
        "exports_all_year_avg_usd": 763404.0721690336,
        "exports_avg_3y_usd": 473242.1841857263,
        "exports_avg_5y_usd": 317729.59269034705,
        "exports_avg_10y_usd": 224321.01007459656,
        "exports_cagr_3y_pct": 122.5995580605728,
        "exports_cagr_5y_pct": 25.153415636041476,
        "exports_cagr_10y_pct": 31.556563054458174,
        "exports_historical_peak_usd": 2328890.0024715276,
        "buyer_imports_latest_observed_usd": 11035144.945213092,
        "historical_peak_year": 2000,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 91.04299500611464,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 32.8704,
        "buyer_yoy_all_avg_pct": 17.1021,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 10.729896641302302,
        "market_share_change_1y_pp": 8.556622601700717,
        "peer_best_share_pct": 43.20248293103076,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 2913.93,
        "distance_km": 1727.328369140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.3057545667454546,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8855595550425109,
        "max_drawdown_pct": 99.52172335478846,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 710121,
        "corridor_rank": 62,
        "exporter_iso3": "HKG",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 121268.28610977,
        "exports_all_year_avg_usd": 919851.3512652043,
        "exports_avg_3y_usd": 140649.4786689912,
        "exports_avg_5y_usd": 100988.64242485964,
        "exports_avg_10y_usd": 211608.21527859027,
        "exports_cagr_3y_pct": 26.058203215416853,
        "exports_cagr_5y_pct": -4.652380477168716,
        "exports_cagr_10y_pct": -14.141233008553977,
        "exports_historical_peak_usd": 7881411.288667974,
        "buyer_imports_latest_observed_usd": 19182586.284053322,
        "historical_peak_year": 2000,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": 40.19943622397083,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 37.8135,
        "buyer_yoy_all_avg_pct": 50.2584,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.6321790206703334,
        "market_share_change_1y_pp": -1.1439518671978819,
        "peer_best_share_pct": 75.75490555859552,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 6194.58,
        "distance_km": 7377.49072265625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.0612117941579798,
        "tariff_advantage_pp": -0.02894693925656565,
        "volatility_cv": 1.5757140602984887,
        "max_drawdown_pct": 99.71507687889584,
        "attention_level": "Watch",
        "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']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "HKG",
      "hs_code": 710121,
      "num_markets": 48,
      "highest_price_importer_iso3": "FRA",
      "highest_price_usd_per_ton": 185145250,
      "lowest_price_importer_iso3": "ZAF",
      "lowest_price_usd_per_ton": 8285.714285714286,
      "median_price_across_markets": 3170666.6666666665,
      "price_spread_pct": 5839.054802955666,
      "avg_quantity_metric_tons": 0.43692810457516335,
      "total_trade_value_usd": 74405169
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 94620772.87075752,
        "active_destinations": 52,
        "yoy_growth_pct": 67.48509953943844
      },
      {
        "year": 2011,
        "export_value_usd": 101507456.88236447,
        "active_destinations": 49,
        "yoy_growth_pct": 7.278194631757516
      },
      {
        "year": 2012,
        "export_value_usd": 68496191.69590224,
        "active_destinations": 48,
        "yoy_growth_pct": -32.52102476049469
      },
      {
        "year": 2013,
        "export_value_usd": 59278705.82815069,
        "active_destinations": 41,
        "yoy_growth_pct": -13.456931895825363
      },
      {
        "year": 2014,
        "export_value_usd": 49887934.71897751,
        "active_destinations": 46,
        "yoy_growth_pct": -15.841727611930459
      },
      {
        "year": 2015,
        "export_value_usd": 158824917.47159177,
        "active_destinations": 42,
        "yoy_growth_pct": 218.36338458640245
      },
      {
        "year": 2016,
        "export_value_usd": 83404820.84766814,
        "active_destinations": 43,
        "yoy_growth_pct": -47.48631249086822
      },
      {
        "year": 2017,
        "export_value_usd": 30097286.270654254,
        "active_destinations": 36,
        "yoy_growth_pct": -63.91421267407983
      },
      {
        "year": 2018,
        "export_value_usd": 34552706.547240205,
        "active_destinations": 41,
        "yoy_growth_pct": 14.803395351062326
      },
      {
        "year": 2019,
        "export_value_usd": 22612886.111163795,
        "active_destinations": 33,
        "yoy_growth_pct": -34.555384018187915
      },
      {
        "year": 2020,
        "export_value_usd": 7212892.2634495,
        "active_destinations": 41,
        "yoy_growth_pct": -68.10273475048125
      },
      {
        "year": 2021,
        "export_value_usd": 13470350.95596481,
        "active_destinations": 36,
        "yoy_growth_pct": 86.753807820259
      },
      {
        "year": 2022,
        "export_value_usd": 21668701.877034195,
        "active_destinations": 38,
        "yoy_growth_pct": 60.86219243930739
      },
      {
        "year": 2023,
        "export_value_usd": 40831676.07375995,
        "active_destinations": 46,
        "yoy_growth_pct": 88.43618923492524
      },
      {
        "year": 2024,
        "export_value_usd": 36767230.844414845,
        "active_destinations": 34,
        "yoy_growth_pct": -9.95414741732113
      }
    ],
    "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": "710121",
    "hs_description": "Pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport",
    "hs_chapter": 71,
    "hs_heading": 7101
  },
  "destinations": [
    {
      "hs_code": 710121,
      "corridor_rank": 5,
      "exporter_iso3": "HKG",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 16097882.617652953,
      "exports_all_year_avg_usd": 20260488.807555802,
      "exports_avg_3y_usd": 14459876.704532547,
      "exports_avg_5y_usd": 9918361.711245034,
      "exports_avg_10y_usd": 16025684.495223198,
      "exports_cagr_3y_pct": 74.03618279319144,
      "exports_cagr_5y_pct": 5.051433709919362,
      "exports_cagr_10y_pct": -3.3540920444065647,
      "exports_historical_peak_usd": 51463040.41475903,
      "buyer_imports_latest_observed_usd": 276766434.89724475,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 77.39027483759801,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -27.0414,
      "buyer_yoy_all_avg_pct": 4.7984,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 5.816414343606958,
      "market_share_change_1y_pp": 0.8767595369206305,
      "peer_best_share_pct": 39.63739336330305,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 2654.9,
      "distance_km": 2891.224609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019192582961135757,
      "tariff_advantage_pp": 0.025107009371248493,
      "volatility_cv": 0.5455179354293067,
      "max_drawdown_pct": 94.06590262959227,
      "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','buyer_macro_weakness']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 710121,
      "corridor_rank": 13,
      "exporter_iso3": "HKG",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4617672.401938402,
      "exports_all_year_avg_usd": 6573175.493217514,
      "exports_avg_3y_usd": 4804095.824133893,
      "exports_avg_5y_usd": 3824433.1808272554,
      "exports_avg_10y_usd": 17773656.169119887,
      "exports_cagr_3y_pct": 2.9312479667321423,
      "exports_cagr_5y_pct": 4.109353089506795,
      "exports_cagr_10y_pct": 18.459876731836733,
      "exports_historical_peak_usd": 105034320.32736759,
      "buyer_imports_latest_observed_usd": 11671224.422696248,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 41.37931034482759,
      "trend_acceleration_pct": -15.52862876510459,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -23.491,
      "buyer_yoy_all_avg_pct": 292.489,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 39.564592665690874,
      "market_share_change_1y_pp": 1.210799832949121,
      "peer_best_share_pct": 39.56459266569088,
      "peer_top_exporter": "HKG",
      "supplier_count_latest": 11,
      "buyer_market_hhi": 3056.71,
      "distance_km": 3763.475341796875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.5323102001373737,
      "tariff_advantage_pp": null,
      "volatility_cv": 3.0328266879299264,
      "max_drawdown_pct": 99.5472141099896,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 710121,
      "corridor_rank": 18,
      "exporter_iso3": "HKG",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2749289.51663536,
      "exports_all_year_avg_usd": 9412061.55759882,
      "exports_avg_3y_usd": 2564516.932354372,
      "exports_avg_5y_usd": 2130581.403332178,
      "exports_avg_10y_usd": 3776452.409848011,
      "exports_cagr_3y_pct": 17.099284734279973,
      "exports_cagr_5y_pct": 9.046421094495383,
      "exports_cagr_10y_pct": -12.180447365792046,
      "exports_historical_peak_usd": 19495974.75949849,
      "buyer_imports_latest_observed_usd": 13614711.867274204,
      "historical_peak_year": 1999,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": 29.279732100072017,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 23.7405,
      "buyer_yoy_all_avg_pct": -0.5597,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 20.193519653132363,
      "market_share_change_1y_pp": 0.3502006007371463,
      "peer_best_share_pct": 22.761426566428774,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 20,
      "buyer_market_hhi": 1588.9,
      "distance_km": 12969.5830078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.5758215674577614,
      "max_drawdown_pct": 93.60307244585839,
      "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"
    },
    {
      "hs_code": 710121,
      "corridor_rank": 28,
      "exporter_iso3": "HKG",
      "importer_iso3": "THA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1184059.6468392601,
      "exports_all_year_avg_usd": 763404.0721690336,
      "exports_avg_3y_usd": 473242.1841857263,
      "exports_avg_5y_usd": 317729.59269034705,
      "exports_avg_10y_usd": 224321.01007459656,
      "exports_cagr_3y_pct": 122.5995580605728,
      "exports_cagr_5y_pct": 25.153415636041476,
      "exports_cagr_10y_pct": 31.556563054458174,
      "exports_historical_peak_usd": 2328890.0024715276,
      "buyer_imports_latest_observed_usd": 11035144.945213092,
      "historical_peak_year": 2000,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 91.04299500611464,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 32.8704,
      "buyer_yoy_all_avg_pct": 17.1021,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 10.729896641302302,
      "market_share_change_1y_pp": 8.556622601700717,
      "peer_best_share_pct": 43.20248293103076,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 16,
      "buyer_market_hhi": 2913.93,
      "distance_km": 1727.328369140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.3057545667454546,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8855595550425109,
      "max_drawdown_pct": 99.52172335478846,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','buyer_macro_weakness']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 710121,
      "corridor_rank": 62,
      "exporter_iso3": "HKG",
      "importer_iso3": "AUS",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 121268.28610977,
      "exports_all_year_avg_usd": 919851.3512652043,
      "exports_avg_3y_usd": 140649.4786689912,
      "exports_avg_5y_usd": 100988.64242485964,
      "exports_avg_10y_usd": 211608.21527859027,
      "exports_cagr_3y_pct": 26.058203215416853,
      "exports_cagr_5y_pct": -4.652380477168716,
      "exports_cagr_10y_pct": -14.141233008553977,
      "exports_historical_peak_usd": 7881411.288667974,
      "buyer_imports_latest_observed_usd": 19182586.284053322,
      "historical_peak_year": 2000,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": 40.19943622397083,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 37.8135,
      "buyer_yoy_all_avg_pct": 50.2584,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 0.6321790206703334,
      "market_share_change_1y_pp": -1.1439518671978819,
      "peer_best_share_pct": 75.75490555859552,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 12,
      "buyer_market_hhi": 6194.58,
      "distance_km": 7377.49072265625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.0612117941579798,
      "tariff_advantage_pp": -0.02894693925656565,
      "volatility_cv": 1.5757140602984887,
      "max_drawdown_pct": 99.71507687889584,
      "attention_level": "Watch",
      "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']",
      "signal_flag": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "HKG",
    "hs_code": 710121,
    "num_markets": 48,
    "highest_price_importer_iso3": "FRA",
    "highest_price_usd_per_ton": 185145250,
    "lowest_price_importer_iso3": "ZAF",
    "lowest_price_usd_per_ton": 8285.714285714286,
    "median_price_across_markets": 3170666.6666666665,
    "price_spread_pct": 5839.054802955666,
    "avg_quantity_metric_tons": 0.43692810457516335,
    "total_trade_value_usd": 74405169
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 94620772.87075752,
      "active_destinations": 52,
      "yoy_growth_pct": 67.48509953943844
    },
    {
      "year": 2011,
      "export_value_usd": 101507456.88236447,
      "active_destinations": 49,
      "yoy_growth_pct": 7.278194631757516
    },
    {
      "year": 2012,
      "export_value_usd": 68496191.69590224,
      "active_destinations": 48,
      "yoy_growth_pct": -32.52102476049469
    },
    {
      "year": 2013,
      "export_value_usd": 59278705.82815069,
      "active_destinations": 41,
      "yoy_growth_pct": -13.456931895825363
    },
    {
      "year": 2014,
      "export_value_usd": 49887934.71897751,
      "active_destinations": 46,
      "yoy_growth_pct": -15.841727611930459
    },
    {
      "year": 2015,
      "export_value_usd": 158824917.47159177,
      "active_destinations": 42,
      "yoy_growth_pct": 218.36338458640245
    },
    {
      "year": 2016,
      "export_value_usd": 83404820.84766814,
      "active_destinations": 43,
      "yoy_growth_pct": -47.48631249086822
    },
    {
      "year": 2017,
      "export_value_usd": 30097286.270654254,
      "active_destinations": 36,
      "yoy_growth_pct": -63.91421267407983
    },
    {
      "year": 2018,
      "export_value_usd": 34552706.547240205,
      "active_destinations": 41,
      "yoy_growth_pct": 14.803395351062326
    },
    {
      "year": 2019,
      "export_value_usd": 22612886.111163795,
      "active_destinations": 33,
      "yoy_growth_pct": -34.555384018187915
    },
    {
      "year": 2020,
      "export_value_usd": 7212892.2634495,
      "active_destinations": 41,
      "yoy_growth_pct": -68.10273475048125
    },
    {
      "year": 2021,
      "export_value_usd": 13470350.95596481,
      "active_destinations": 36,
      "yoy_growth_pct": 86.753807820259
    },
    {
      "year": 2022,
      "export_value_usd": 21668701.877034195,
      "active_destinations": 38,
      "yoy_growth_pct": 60.86219243930739
    },
    {
      "year": 2023,
      "export_value_usd": 40831676.07375995,
      "active_destinations": 46,
      "yoy_growth_pct": 88.43618923492524
    },
    {
      "year": 2024,
      "export_value_usd": 36767230.844414845,
      "active_destinations": 34,
      "yoy_growth_pct": -9.95414741732113
    }
  ],
  "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
  }
}