# India HS 320641 exports | Yugalinks

Explore reported HS 320641 exports from India: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | India |
| HS6 | 320641 |
| Latest exports | $35.5M |
| Active destinations | 103 |
| Three-year growth | +18.6% |
| Destination HHI | 788 |
| Weighted share | 38.8% |

## Destination markets

- Republic of Korea: $6.2M; share 45.5%; growth +10.5%
- USA, Puerto Rico and US Virgin Islands: $5.8M; share 27.6%; growth +29.3%
- Spain: $3.1M; share 17.1%; growth +67.8%
- China: $1.2M; share 5.7%; growth +24.2%
- Germany: $84.7K; share 0.7%; growth +137.9%

## Price intelligence

- Highest reported market price: Colombia at $86.0K / ton.
- Lowest reported market price: Sudan at $188.0 / ton.
- Median reported price: $3.0K / ton.
- Price spread: 2,869.6%.

## Export history

- 2010: $13.9M
- 2011: $15.6M
- 2012: $15.8M
- 2013: $18.2M
- 2014: $15.4M
- 2015: $15.1M
- 2016: $16.7M
- 2017: $20.6M
- 2018: $22.1M
- 2019: $19.5M
- 2020: $16.2M
- 2021: $20.9M
- 2022: $28.8M
- 2023: $28.2M
- 2024: $34.8M

## 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
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ind/320641",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/320641",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/320641",
    "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": "320641",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 158,
    "current_lane_count": 103,
    "active_market_count": 103,
    "exports_latest_observed_lanes_usd": 35458934.89153066,
    "exports_current_2024_usd": 34822277.09753391,
    "exports_avg_3y_usd": 30607954.513125658,
    "exports_avg_5y_usd": 25773093.03535681,
    "exports_avg_10y_usd": 22286218.82910079,
    "exports_cagr_3y_pct": 18.576175776950432,
    "exports_cagr_5y_pct": 12.28398826761059,
    "exports_cagr_10y_pct": 8.519796853015116,
    "exports_all_year_lane_avg_usd": 15747554.495726584,
    "exports_historical_lane_peak_usd": 49967000.528879315,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": 10.056378923935316,
    "trend_label": "Rapid growth",
    "top_market_iso3": "KOR",
    "top_market_exports_usd": 6153700.8669764,
    "top_market_share_pct": 17.35444362838492,
    "destination_hhi": 787.6744397374808,
    "weighted_share_latest_pct": 38.7719786430576,
    "weighted_share_change_1y_pp": 6.749699791516399,
    "weighted_volatility_cv": 1.0887831680703508,
    "weighted_max_drawdown_pct": 81.43164434432313,
    "limited_history_lane_share_pct": 31.645569620253166,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 320641,
      "hs_description": "Colouring matter: ultramarine and preparations based thereon",
      "hs_chapter": 32,
      "hs_heading": 3206,
      "substitution_elasticity": -10.831043,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Colouring matter: ultramarine and preparations based thereon",
    "hs_chapter": 32,
    "hs_heading": 3206,
    "destinations": [
      {
        "hs_code": 320641,
        "corridor_rank": 4,
        "exporter_iso3": "IND",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 6153700.8669764,
        "exports_all_year_avg_usd": 1734728.0564024248,
        "exports_avg_3y_usd": 6426803.457806339,
        "exports_avg_5y_usd": 5385846.656284119,
        "exports_avg_10y_usd": 4007733.3289849623,
        "exports_cagr_3y_pct": 10.545573406017116,
        "exports_cagr_5y_pct": 10.319566197098972,
        "exports_cagr_10y_pct": 14.48807946958306,
        "exports_historical_peak_usd": 6821326.440376349,
        "buyer_imports_latest_observed_usd": 13518506.096732276,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": -3.9425060635659435,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.5726,
        "buyer_yoy_all_avg_pct": 8.1115,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 45.52056878876496,
        "market_share_change_1y_pp": -7.2458920978749575,
        "peer_best_share_pct": 45.520568788764955,
        "peer_top_exporter": "IND",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 2789.59,
        "distance_km": 4692.671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13832989632000003,
        "tariff_advantage_pp": -0.015389429837979751,
        "volatility_cv": 1.1542018292814447,
        "max_drawdown_pct": 57.30986952085869,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 320641,
        "corridor_rank": 6,
        "exporter_iso3": "IND",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5847818.352667743,
        "exports_all_year_avg_usd": 1058588.7062669827,
        "exports_avg_3y_usd": 4567732.339738467,
        "exports_avg_5y_usd": 3580509.084433754,
        "exports_avg_10y_usd": 2589055.269079366,
        "exports_cagr_3y_pct": 29.250364327399183,
        "exports_cagr_5y_pct": 26.47731368146795,
        "exports_cagr_10y_pct": 39.41300277459063,
        "exports_historical_peak_usd": 5847818.352667743,
        "buyer_imports_latest_observed_usd": 21201762.556297615,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -10.162638447191448,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.0158,
        "buyer_yoy_all_avg_pct": 4.5106,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 27.581755701394506,
        "market_share_change_1y_pp": 13.685121627902847,
        "peer_best_share_pct": 29.278201915248815,
        "peer_top_exporter": "COL",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2158.12,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023682824094060608,
        "tariff_advantage_pp": 0.037034158968565656,
        "volatility_cv": 1.3548341646639348,
        "max_drawdown_pct": 97.77269142340998,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 320641,
        "corridor_rank": 11,
        "exporter_iso3": "IND",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3069708.4844382657,
        "exports_all_year_avg_usd": 1483798.3903099983,
        "exports_avg_3y_usd": 1939672.2642964916,
        "exports_avg_5y_usd": 1363929.0910551767,
        "exports_avg_10y_usd": 1527920.0112810167,
        "exports_cagr_3y_pct": 67.82978305171072,
        "exports_cagr_5y_pct": 21.94852862140051,
        "exports_cagr_10y_pct": 4.422502677939377,
        "exports_historical_peak_usd": 4240870.910198119,
        "buyer_imports_latest_observed_usd": 17956202.1316695,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 63.40728037377134,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 73.356,
        "buyer_yoy_all_avg_pct": 15.3293,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 17.09553313071808,
        "market_share_change_1y_pp": 6.908028779449914,
        "peer_best_share_pct": 38.315398080513425,
        "peer_top_exporter": "PRT",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 2719.72,
        "distance_km": 7282.04638671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019243141578797984,
        "tariff_advantage_pp": 0.04283432120622474,
        "volatility_cv": 0.672468184152149,
        "max_drawdown_pct": 91.71722181003729,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 320641,
        "corridor_rank": 18,
        "exporter_iso3": "IND",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 1196994.6248226922,
        "exports_all_year_avg_usd": 393842.49379054265,
        "exports_avg_3y_usd": 1104184.5166429617,
        "exports_avg_5y_usd": 896048.3581217509,
        "exports_avg_10y_usd": 768956.8092581065,
        "exports_cagr_3y_pct": 24.2285317707025,
        "exports_cagr_5y_pct": 17.89451070331596,
        "exports_cagr_10y_pct": 10.644973832331894,
        "exports_historical_peak_usd": 1478837.0399643555,
        "buyer_imports_latest_observed_usd": 21155530.903895617,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 59.25925925925926,
        "trend_acceleration_pct": 13.583557938370605,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.6293,
        "buyer_yoy_all_avg_pct": 16.4193,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 5.658069420523384,
        "market_share_change_1y_pp": -2.005355584801535,
        "peer_best_share_pct": 36.08576516443746,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 2422.24,
        "distance_km": 3785.01318359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.3007776062141414,
        "tariff_advantage_pp": 0.19025088946666663,
        "volatility_cv": 0.9852421836923767,
        "max_drawdown_pct": 94.30127498864881,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 320641,
        "corridor_rank": 49,
        "exporter_iso3": "IND",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 84745.70255517204,
        "exports_all_year_avg_usd": 12320.591775444107,
        "exports_avg_3y_usd": 42683.641909420694,
        "exports_avg_5y_usd": 28111.789708867454,
        "exports_avg_10y_usd": 15840.210133454506,
        "exports_cagr_3y_pct": 137.8780794664367,
        "exports_cagr_5y_pct": 74.85394349249188,
        "exports_cagr_10y_pct": 26.860771678863273,
        "exports_historical_peak_usd": 84745.70255517204,
        "buyer_imports_latest_observed_usd": 12098386.92559593,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 111.01730778757343,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.058,
        "buyer_yoy_all_avg_pct": 5.4355,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.7004710882231744,
        "market_share_change_1y_pp": 0.4736592325852789,
        "peer_best_share_pct": 35.09446886100408,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 2548.34,
        "distance_km": 6229.63671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018971697826111113,
        "tariff_advantage_pp": 0.042308889512955236,
        "volatility_cv": 1.5078185301945148,
        "max_drawdown_pct": 99.94969759851875,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "IND",
      "hs_code": 320641,
      "num_markets": 125,
      "highest_price_importer_iso3": "COL",
      "highest_price_usd_per_ton": 86000,
      "lowest_price_importer_iso3": "SDN",
      "lowest_price_usd_per_ton": 187.9606152705532,
      "median_price_across_markets": 2990.3333333333335,
      "price_spread_pct": 2869.647956238862,
      "avg_quantity_metric_tons": 261.9603986332575,
      "total_trade_value_usd": 120434455
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 13861106.684043657,
        "active_destinations": 76,
        "yoy_growth_pct": 31.304483910384583
      },
      {
        "year": 2011,
        "export_value_usd": 15589543.963086016,
        "active_destinations": 69,
        "yoy_growth_pct": 12.469691767339661
      },
      {
        "year": 2012,
        "export_value_usd": 15808500.680788942,
        "active_destinations": 74,
        "yoy_growth_pct": 1.40451008843739
      },
      {
        "year": 2013,
        "export_value_usd": 18203092.566345,
        "active_destinations": 80,
        "yoy_growth_pct": 15.147495223668184
      },
      {
        "year": 2014,
        "export_value_usd": 15373312.17175578,
        "active_destinations": 77,
        "yoy_growth_pct": -15.545602398468775
      },
      {
        "year": 2015,
        "export_value_usd": 15122044.979129683,
        "active_destinations": 76,
        "yoy_growth_pct": -1.634437587807073
      },
      {
        "year": 2016,
        "export_value_usd": 16672170.80043554,
        "active_destinations": 82,
        "yoy_growth_pct": 10.250768486968687
      },
      {
        "year": 2017,
        "export_value_usd": 20570985.96499436,
        "active_destinations": 79,
        "yoy_growth_pct": 23.38516808175315
      },
      {
        "year": 2018,
        "export_value_usd": 22121038.573247235,
        "active_destinations": 87,
        "yoy_growth_pct": 7.5351400797735195
      },
      {
        "year": 2019,
        "export_value_usd": 19510482.79641706,
        "active_destinations": 91,
        "yoy_growth_pct": -11.801235137247717
      },
      {
        "year": 2020,
        "export_value_usd": 16155141.189163039,
        "active_destinations": 84,
        "yoy_growth_pct": -17.197634944585808
      },
      {
        "year": 2021,
        "export_value_usd": 20886460.448244017,
        "active_destinations": 91,
        "yoy_growth_pct": 29.286771336017626
      },
      {
        "year": 2022,
        "export_value_usd": 28797267.175835975,
        "active_destinations": 96,
        "yoy_growth_pct": 37.87528646701381
      },
      {
        "year": 2023,
        "export_value_usd": 28204319.266007103,
        "active_destinations": 98,
        "yoy_growth_pct": -2.0590422910907984
      },
      {
        "year": 2024,
        "export_value_usd": 34822277.09753391,
        "active_destinations": 103,
        "yoy_growth_pct": 23.464341646079074
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "IND",
      "exports_usd": 434173960378.9284,
      "imports_usd": 655633798252.7068,
      "trade_balance_usd": -221459837873.77838,
      "yoy_exports_growth_pct": -0.4597647673187044,
      "yoy_imports_growth_pct": 3.141857930370473,
      "exports_cagr_3y_pct": 3.047988495812537,
      "imports_cagr_3y_pct": 5.610533611541824,
      "export_partner_hhi": 534.4833947020102,
      "export_product_hhi": 182.66834548021453,
      "momentum_score": 0.592561211620668,
      "risk_score": 3.585758700911123,
      "gdp_million_usd": 3909891.5338580837,
      "gdp_per_capita_usd": 2694.737808599611,
      "population": 1450935791,
      "labor_force": 525944.31,
      "investment_rate_pct": 35.67,
      "savings_rate_pct": 30.91,
      "secondary_education_pct": 63.75,
      "tertiary_education_pct": 12.09,
      "total_factor_productivity": 427.46,
      "trade_openness_pct": 24.889166772254217,
      "exports_gdp_pct": 9.915719559208833,
      "num_active_partners": 270,
      "num_fta_partners": 23,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 7,
      "num_shared_language_partners": 78,
      "avg_partner_distance_km": 7858.9876543209875,
      "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": 8.518518518518519,
      "pct_partners_shared_language": 28.888888888888886,
      "pct_partners_shared_border": 2.5925925925925926,
      "avg_applied_tariff_pct": 0.1297573295202524,
      "avg_mfn_tariff_pct": 0.13459077035606443,
      "avg_preferential_tariff_pct": 0.05939930331831677,
      "tariff_advantage_pp": 0.07519146703774765,
      "avg_distance_all_partners_km": 7969.760429150705,
      "num_border_partners": 186,
      "num_colonial_partners": 30,
      "avg_substitution_elasticity": -10.894661745572911,
      "pct_products_high_elasticity": 75.95260223048327,
      "pct_products_low_elasticity": 2.6719330855018586,
      "real_market_potential": 262040.05532200352,
      "foreign_market_potential": 21532.526735863987
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "320641",
    "hs_description": "Colouring matter: ultramarine and preparations based thereon",
    "hs_chapter": 32,
    "hs_heading": 3206
  },
  "destinations": [
    {
      "hs_code": 320641,
      "corridor_rank": 4,
      "exporter_iso3": "IND",
      "importer_iso3": "KOR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 6153700.8669764,
      "exports_all_year_avg_usd": 1734728.0564024248,
      "exports_avg_3y_usd": 6426803.457806339,
      "exports_avg_5y_usd": 5385846.656284119,
      "exports_avg_10y_usd": 4007733.3289849623,
      "exports_cagr_3y_pct": 10.545573406017116,
      "exports_cagr_5y_pct": 10.319566197098972,
      "exports_cagr_10y_pct": 14.48807946958306,
      "exports_historical_peak_usd": 6821326.440376349,
      "buyer_imports_latest_observed_usd": 13518506.096732276,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 72.41379310344827,
      "trend_acceleration_pct": -3.9425060635659435,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.5726,
      "buyer_yoy_all_avg_pct": 8.1115,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 45.52056878876496,
      "market_share_change_1y_pp": -7.2458920978749575,
      "peer_best_share_pct": 45.520568788764955,
      "peer_top_exporter": "IND",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 2789.59,
      "distance_km": 4692.671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.13832989632000003,
      "tariff_advantage_pp": -0.015389429837979751,
      "volatility_cv": 1.1542018292814447,
      "max_drawdown_pct": 57.30986952085869,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 320641,
      "corridor_rank": 6,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 5847818.352667743,
      "exports_all_year_avg_usd": 1058588.7062669827,
      "exports_avg_3y_usd": 4567732.339738467,
      "exports_avg_5y_usd": 3580509.084433754,
      "exports_avg_10y_usd": 2589055.269079366,
      "exports_cagr_3y_pct": 29.250364327399183,
      "exports_cagr_5y_pct": 26.47731368146795,
      "exports_cagr_10y_pct": 39.41300277459063,
      "exports_historical_peak_usd": 5847818.352667743,
      "buyer_imports_latest_observed_usd": 21201762.556297615,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -10.162638447191448,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 9.0158,
      "buyer_yoy_all_avg_pct": 4.5106,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 27.581755701394506,
      "market_share_change_1y_pp": 13.685121627902847,
      "peer_best_share_pct": 29.278201915248815,
      "peer_top_exporter": "COL",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2158.12,
      "distance_km": 11761.806640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023682824094060608,
      "tariff_advantage_pp": 0.037034158968565656,
      "volatility_cv": 1.3548341646639348,
      "max_drawdown_pct": 97.77269142340998,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 320641,
      "corridor_rank": 11,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 3069708.4844382657,
      "exports_all_year_avg_usd": 1483798.3903099983,
      "exports_avg_3y_usd": 1939672.2642964916,
      "exports_avg_5y_usd": 1363929.0910551767,
      "exports_avg_10y_usd": 1527920.0112810167,
      "exports_cagr_3y_pct": 67.82978305171072,
      "exports_cagr_5y_pct": 21.94852862140051,
      "exports_cagr_10y_pct": 4.422502677939377,
      "exports_historical_peak_usd": 4240870.910198119,
      "buyer_imports_latest_observed_usd": 17956202.1316695,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": 63.40728037377134,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 73.356,
      "buyer_yoy_all_avg_pct": 15.3293,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 17.09553313071808,
      "market_share_change_1y_pp": 6.908028779449914,
      "peer_best_share_pct": 38.315398080513425,
      "peer_top_exporter": "PRT",
      "supplier_count_latest": 26,
      "buyer_market_hhi": 2719.72,
      "distance_km": 7282.04638671875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019243141578797984,
      "tariff_advantage_pp": 0.04283432120622474,
      "volatility_cv": 0.672468184152149,
      "max_drawdown_pct": 91.71722181003729,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 320641,
      "corridor_rank": 18,
      "exporter_iso3": "IND",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 1196994.6248226922,
      "exports_all_year_avg_usd": 393842.49379054265,
      "exports_avg_3y_usd": 1104184.5166429617,
      "exports_avg_5y_usd": 896048.3581217509,
      "exports_avg_10y_usd": 768956.8092581065,
      "exports_cagr_3y_pct": 24.2285317707025,
      "exports_cagr_5y_pct": 17.89451070331596,
      "exports_cagr_10y_pct": 10.644973832331894,
      "exports_historical_peak_usd": 1478837.0399643555,
      "buyer_imports_latest_observed_usd": 21155530.903895617,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 59.25925925925926,
      "trend_acceleration_pct": 13.583557938370605,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 9.6293,
      "buyer_yoy_all_avg_pct": 16.4193,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 5.658069420523384,
      "market_share_change_1y_pp": -2.005355584801535,
      "peer_best_share_pct": 36.08576516443746,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 2422.24,
      "distance_km": 3785.01318359375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.3007776062141414,
      "tariff_advantage_pp": 0.19025088946666663,
      "volatility_cv": 0.9852421836923767,
      "max_drawdown_pct": 94.30127498864881,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 320641,
      "corridor_rank": 49,
      "exporter_iso3": "IND",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 84745.70255517204,
      "exports_all_year_avg_usd": 12320.591775444107,
      "exports_avg_3y_usd": 42683.641909420694,
      "exports_avg_5y_usd": 28111.789708867454,
      "exports_avg_10y_usd": 15840.210133454506,
      "exports_cagr_3y_pct": 137.8780794664367,
      "exports_cagr_5y_pct": 74.85394349249188,
      "exports_cagr_10y_pct": 26.860771678863273,
      "exports_historical_peak_usd": 84745.70255517204,
      "buyer_imports_latest_observed_usd": 12098386.92559593,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 111.01730778757343,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -0.058,
      "buyer_yoy_all_avg_pct": 5.4355,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 0.7004710882231744,
      "market_share_change_1y_pp": 0.4736592325852789,
      "peer_best_share_pct": 35.09446886100408,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 2548.34,
      "distance_km": 6229.63671875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.018971697826111113,
      "tariff_advantage_pp": 0.042308889512955236,
      "volatility_cv": 1.5078185301945148,
      "max_drawdown_pct": 99.94969759851875,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "IND",
    "hs_code": 320641,
    "num_markets": 125,
    "highest_price_importer_iso3": "COL",
    "highest_price_usd_per_ton": 86000,
    "lowest_price_importer_iso3": "SDN",
    "lowest_price_usd_per_ton": 187.9606152705532,
    "median_price_across_markets": 2990.3333333333335,
    "price_spread_pct": 2869.647956238862,
    "avg_quantity_metric_tons": 261.9603986332575,
    "total_trade_value_usd": 120434455
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 13861106.684043657,
      "active_destinations": 76,
      "yoy_growth_pct": 31.304483910384583
    },
    {
      "year": 2011,
      "export_value_usd": 15589543.963086016,
      "active_destinations": 69,
      "yoy_growth_pct": 12.469691767339661
    },
    {
      "year": 2012,
      "export_value_usd": 15808500.680788942,
      "active_destinations": 74,
      "yoy_growth_pct": 1.40451008843739
    },
    {
      "year": 2013,
      "export_value_usd": 18203092.566345,
      "active_destinations": 80,
      "yoy_growth_pct": 15.147495223668184
    },
    {
      "year": 2014,
      "export_value_usd": 15373312.17175578,
      "active_destinations": 77,
      "yoy_growth_pct": -15.545602398468775
    },
    {
      "year": 2015,
      "export_value_usd": 15122044.979129683,
      "active_destinations": 76,
      "yoy_growth_pct": -1.634437587807073
    },
    {
      "year": 2016,
      "export_value_usd": 16672170.80043554,
      "active_destinations": 82,
      "yoy_growth_pct": 10.250768486968687
    },
    {
      "year": 2017,
      "export_value_usd": 20570985.96499436,
      "active_destinations": 79,
      "yoy_growth_pct": 23.38516808175315
    },
    {
      "year": 2018,
      "export_value_usd": 22121038.573247235,
      "active_destinations": 87,
      "yoy_growth_pct": 7.5351400797735195
    },
    {
      "year": 2019,
      "export_value_usd": 19510482.79641706,
      "active_destinations": 91,
      "yoy_growth_pct": -11.801235137247717
    },
    {
      "year": 2020,
      "export_value_usd": 16155141.189163039,
      "active_destinations": 84,
      "yoy_growth_pct": -17.197634944585808
    },
    {
      "year": 2021,
      "export_value_usd": 20886460.448244017,
      "active_destinations": 91,
      "yoy_growth_pct": 29.286771336017626
    },
    {
      "year": 2022,
      "export_value_usd": 28797267.175835975,
      "active_destinations": 96,
      "yoy_growth_pct": 37.87528646701381
    },
    {
      "year": 2023,
      "export_value_usd": 28204319.266007103,
      "active_destinations": 98,
      "yoy_growth_pct": -2.0590422910907984
    },
    {
      "year": 2024,
      "export_value_usd": 34822277.09753391,
      "active_destinations": 103,
      "yoy_growth_pct": 23.464341646079074
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "IND",
    "exports_usd": 434173960378.9284,
    "imports_usd": 655633798252.7068,
    "trade_balance_usd": -221459837873.77838,
    "yoy_exports_growth_pct": -0.4597647673187044,
    "yoy_imports_growth_pct": 3.141857930370473,
    "exports_cagr_3y_pct": 3.047988495812537,
    "imports_cagr_3y_pct": 5.610533611541824,
    "export_partner_hhi": 534.4833947020102,
    "export_product_hhi": 182.66834548021453,
    "momentum_score": 0.592561211620668,
    "risk_score": 3.585758700911123,
    "gdp_million_usd": 3909891.5338580837,
    "gdp_per_capita_usd": 2694.737808599611,
    "population": 1450935791,
    "labor_force": 525944.31,
    "investment_rate_pct": 35.67,
    "savings_rate_pct": 30.91,
    "secondary_education_pct": 63.75,
    "tertiary_education_pct": 12.09,
    "total_factor_productivity": 427.46,
    "trade_openness_pct": 24.889166772254217,
    "exports_gdp_pct": 9.915719559208833,
    "num_active_partners": 270,
    "num_fta_partners": 23,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 7,
    "num_shared_language_partners": 78,
    "avg_partner_distance_km": 7858.9876543209875,
    "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": 8.518518518518519,
    "pct_partners_shared_language": 28.888888888888886,
    "pct_partners_shared_border": 2.5925925925925926,
    "avg_applied_tariff_pct": 0.1297573295202524,
    "avg_mfn_tariff_pct": 0.13459077035606443,
    "avg_preferential_tariff_pct": 0.05939930331831677,
    "tariff_advantage_pp": 0.07519146703774765,
    "avg_distance_all_partners_km": 7969.760429150705,
    "num_border_partners": 186,
    "num_colonial_partners": 30,
    "avg_substitution_elasticity": -10.894661745572911,
    "pct_products_high_elasticity": 75.95260223048327,
    "pct_products_low_elasticity": 2.6719330855018586,
    "real_market_potential": 262040.05532200352,
    "foreign_market_potential": 21532.526735863987
  }
}
```