{
  "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/420291",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420291",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/420291",
    "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": "420291",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 178,
    "current_lane_count": 131,
    "active_market_count": 131,
    "exports_latest_observed_lanes_usd": 108810228.55221996,
    "exports_current_2024_usd": 108718118.29196583,
    "exports_avg_3y_usd": 103743534.66444363,
    "exports_avg_5y_usd": 94150006.7232927,
    "exports_avg_10y_usd": 87880878.81696987,
    "exports_cagr_3y_pct": 5.223990302393422,
    "exports_cagr_5y_pct": 3.42989227104471,
    "exports_cagr_10y_pct": 6.484735594898883,
    "exports_all_year_lane_avg_usd": 51932898.798991986,
    "exports_historical_lane_peak_usd": 135670493.779394,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -1.2607452925054607,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 42260201.66708479,
    "top_market_share_pct": 38.838445823871574,
    "destination_hhi": 1890.9369672318535,
    "weighted_share_latest_pct": 8.057240216733012,
    "weighted_share_change_1y_pp": 0.8178330920639505,
    "weighted_volatility_cv": 0.7276768540613943,
    "weighted_max_drawdown_pct": 65.4644469635096,
    "limited_history_lane_share_pct": 20.224719101123597,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 420291,
      "hs_description": "Cases and containers: with outer surface of leather, of composition leather or of patent leather, n.e.s. in heading no. 4202",
      "hs_chapter": 42,
      "hs_heading": 4202,
      "substitution_elasticity": -3.7800727,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cases and containers: with outer surface of leather, of composition leather or of patent leather, n.e.s. in heading no. 4202",
    "hs_chapter": 42,
    "hs_heading": 4202,
    "destinations": [
      {
        "hs_code": 420291,
        "corridor_rank": 7,
        "exporter_iso3": "IND",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 42260201.66708479,
        "exports_all_year_avg_usd": 18480498.028249193,
        "exports_avg_3y_usd": 42319840.14698186,
        "exports_avg_5y_usd": 37067129.21582308,
        "exports_avg_10y_usd": 31055631.15714518,
        "exports_cagr_3y_pct": 4.566624994770252,
        "exports_cagr_5y_pct": 7.436567535544802,
        "exports_cagr_10y_pct": 10.361787539697097,
        "exports_historical_peak_usd": 46381377.05152454,
        "buyer_imports_latest_observed_usd": 587839093.8608472,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": -5.795162544926845,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -3.6006,
        "buyer_yoy_all_avg_pct": 6.5201,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 7.189076417072833,
        "market_share_change_1y_pp": 0.9053358691590274,
        "peer_best_share_pct": 27.27040596344759,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 112,
        "buyer_market_hhi": 1343.03,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023682824094060608,
        "tariff_advantage_pp": 0.037034158968565656,
        "volatility_cv": 0.5833812048336483,
        "max_drawdown_pct": 57.995770179440996,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420291,
        "corridor_rank": 25,
        "exporter_iso3": "IND",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 17663578.6465699,
        "exports_all_year_avg_usd": 8940670.275606247,
        "exports_avg_3y_usd": 16565178.939883197,
        "exports_avg_5y_usd": 15973402.505589563,
        "exports_avg_10y_usd": 15447589.386654625,
        "exports_cagr_3y_pct": 0.17871028423814828,
        "exports_cagr_5y_pct": 1.578813798574119,
        "exports_cagr_10y_pct": 5.1350350530940725,
        "exports_historical_peak_usd": 17663578.6465699,
        "buyer_imports_latest_observed_usd": 121868743.33421426,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": -4.956324768855924,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 6.309,
        "buyer_yoy_all_avg_pct": 3.3389,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 14.493936807183688,
        "market_share_change_1y_pp": 1.618018777524517,
        "peer_best_share_pct": 28.934921007097653,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 99,
        "buyer_market_hhi": 1335.36,
        "distance_km": 6229.63671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018971697826111113,
        "tariff_advantage_pp": 0.042308889512955236,
        "volatility_cv": 0.5608952782490549,
        "max_drawdown_pct": 63.119582946922726,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420291,
        "corridor_rank": 78,
        "exporter_iso3": "IND",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 5108677.193875694,
        "exports_all_year_avg_usd": 1020892.6098362699,
        "exports_avg_3y_usd": 4314330.932015106,
        "exports_avg_5y_usd": 3294743.756960813,
        "exports_avg_10y_usd": 2599614.69650091,
        "exports_cagr_3y_pct": 37.12208453161836,
        "exports_cagr_5y_pct": 8.113117419156413,
        "exports_cagr_10y_pct": 26.57416812293183,
        "exports_historical_peak_usd": 5108677.193875694,
        "buyer_imports_latest_observed_usd": 80972733.50383534,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": 10.547916408686532,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.3198,
        "buyer_yoy_all_avg_pct": 10.4891,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 6.309132683082407,
        "market_share_change_1y_pp": 0.9499952189585787,
        "peer_best_share_pct": 22.798657348599054,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 76,
        "buyer_market_hhi": 1062.24,
        "distance_km": 5922.22216796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019243141578797984,
        "tariff_advantage_pp": 0.04283432120622474,
        "volatility_cv": 1.3639212913380592,
        "max_drawdown_pct": 70.66336198060776,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420291,
        "corridor_rank": 82,
        "exporter_iso3": "IND",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4787235.139187393,
        "exports_all_year_avg_usd": 3280684.0019429917,
        "exports_avg_3y_usd": 4928085.661189519,
        "exports_avg_5y_usd": 4344943.053497459,
        "exports_avg_10y_usd": 4567580.6225128565,
        "exports_cagr_3y_pct": 4.195107186236324,
        "exports_cagr_5y_pct": -1.73834827601147,
        "exports_cagr_10y_pct": -0.7372294142384717,
        "exports_historical_peak_usd": 5225940.480218287,
        "buyer_imports_latest_observed_usd": 69490518.50843564,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": 4.932336600474796,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 3.8103,
        "buyer_yoy_all_avg_pct": 6.6992,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 6.889047947751689,
        "market_share_change_1y_pp": -0.5736378827966808,
        "peer_best_share_pct": 28.85902198616734,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 74,
        "buyer_market_hhi": 1389.57,
        "distance_km": 6720.63623046875,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.41135536863371885,
        "max_drawdown_pct": 50.59941266007924,
        "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": 420291,
        "corridor_rank": 98,
        "exporter_iso3": "IND",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4072756.341962111,
        "exports_all_year_avg_usd": 1259498.3721002392,
        "exports_avg_3y_usd": 2203492.274170318,
        "exports_avg_5y_usd": 2074799.369473084,
        "exports_avg_10y_usd": 2429023.670429934,
        "exports_cagr_3y_pct": 28.08050194279561,
        "exports_cagr_5y_pct": 5.526549483276866,
        "exports_cagr_10y_pct": 10.838150827516513,
        "exports_historical_peak_usd": 4072756.341962111,
        "buyer_imports_latest_observed_usd": 120873955.22522894,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 17.2423511152791,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 16.8271,
        "buyer_yoy_all_avg_pct": 9.2993,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 3.3694242356620117,
        "market_share_change_1y_pp": 2.4307006216037643,
        "peer_best_share_pct": 27.358944190223045,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 97,
        "buyer_market_hhi": 1529.23,
        "distance_km": 6594.22998046875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019243141578797984,
        "tariff_advantage_pp": 0.04283432120622474,
        "volatility_cv": 0.8053801237128227,
        "max_drawdown_pct": 69.23825958177555,
        "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": 420291,
        "corridor_rank": 99,
        "exporter_iso3": "IND",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4049745.458700812,
        "exports_all_year_avg_usd": 2795890.9552909494,
        "exports_avg_3y_usd": 4014272.0910590678,
        "exports_avg_5y_usd": 3951642.1267499747,
        "exports_avg_10y_usd": 4936731.404582074,
        "exports_cagr_3y_pct": 5.326192059935253,
        "exports_cagr_5y_pct": -10.370924697776761,
        "exports_cagr_10y_pct": -0.9903316465137757,
        "exports_historical_peak_usd": 7001371.909802354,
        "buyer_imports_latest_observed_usd": 436637127.17635673,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 6.316523706449029,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 12.1442,
        "buyer_yoy_all_avg_pct": 4.6825,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.9274853663703978,
        "market_share_change_1y_pp": -0.08035835603202857,
        "peer_best_share_pct": 39.20587312507971,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 73,
        "buyer_market_hhi": 2173.53,
        "distance_km": 5847.71044921875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.018917854050022623,
        "tariff_advantage_pp": 0.02451315999046264,
        "volatility_cv": 0.7295846613280607,
        "max_drawdown_pct": 62.59157945003854,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "IND",
      "hs_code": 420291,
      "num_markets": 141,
      "highest_price_importer_iso3": "MAC",
      "highest_price_usd_per_ton": 1662500,
      "lowest_price_importer_iso3": "MMR",
      "lowest_price_usd_per_ton": 400,
      "median_price_across_markets": 38723.07692307692,
      "price_spread_pct": 4292.272546682559,
      "avg_quantity_metric_tons": 23.494832402234636,
      "total_trade_value_usd": 579731845
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 33216202.646803718,
        "active_destinations": 103,
        "yoy_growth_pct": 8.89276139740334
      },
      {
        "year": 2011,
        "export_value_usd": 46645253.5637512,
        "active_destinations": 117,
        "yoy_growth_pct": 40.42921781198764
      },
      {
        "year": 2012,
        "export_value_usd": 43871731.44716468,
        "active_destinations": 112,
        "yoy_growth_pct": -5.945990009028209
      },
      {
        "year": 2013,
        "export_value_usd": 54331101.45906755,
        "active_destinations": 116,
        "yoy_growth_pct": 23.84079603627962
      },
      {
        "year": 2014,
        "export_value_usd": 58000048.71388165,
        "active_destinations": 124,
        "yoy_growth_pct": 6.752941052701167
      },
      {
        "year": 2015,
        "export_value_usd": 61598011.10870885,
        "active_destinations": 123,
        "yoy_growth_pct": 6.203378229173919
      },
      {
        "year": 2016,
        "export_value_usd": 71612717.05940373,
        "active_destinations": 128,
        "yoy_growth_pct": 16.258164460896012
      },
      {
        "year": 2017,
        "export_value_usd": 88737277.023222,
        "active_destinations": 126,
        "yoy_growth_pct": 23.91273598739901
      },
      {
        "year": 2018,
        "export_value_usd": 94262355.71166116,
        "active_destinations": 137,
        "yoy_growth_pct": 6.2263333671972845
      },
      {
        "year": 2019,
        "export_value_usd": 91848393.65023942,
        "active_destinations": 122,
        "yoy_growth_pct": -2.5608972353776074
      },
      {
        "year": 2020,
        "export_value_usd": 66203104.89807486,
        "active_destinations": 124,
        "yoy_growth_pct": -27.921325276326936
      },
      {
        "year": 2021,
        "export_value_usd": 93316324.72505772,
        "active_destinations": 129,
        "yoy_growth_pct": 40.95460457440161
      },
      {
        "year": 2022,
        "export_value_usd": 106100182.01457822,
        "active_destinations": 128,
        "yoy_growth_pct": 13.699486480191094
      },
      {
        "year": 2023,
        "export_value_usd": 96412303.68678676,
        "active_destinations": 129,
        "yoy_growth_pct": -9.13087814162312
      },
      {
        "year": 2024,
        "export_value_usd": 108718118.29196581,
        "active_destinations": 131,
        "yoy_growth_pct": 12.76373879121982
      }
    ],
    "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": "420291",
    "hs_description": "Cases and containers: with outer surface of leather, of composition leather or of patent leather, n.e.s. in heading no. 4202",
    "hs_chapter": 42,
    "hs_heading": 4202
  },
  "destinations": [
    {
      "hs_code": 420291,
      "corridor_rank": 7,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 42260201.66708479,
      "exports_all_year_avg_usd": 18480498.028249193,
      "exports_avg_3y_usd": 42319840.14698186,
      "exports_avg_5y_usd": 37067129.21582308,
      "exports_avg_10y_usd": 31055631.15714518,
      "exports_cagr_3y_pct": 4.566624994770252,
      "exports_cagr_5y_pct": 7.436567535544802,
      "exports_cagr_10y_pct": 10.361787539697097,
      "exports_historical_peak_usd": 46381377.05152454,
      "buyer_imports_latest_observed_usd": 587839093.8608472,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 72.41379310344827,
      "trend_acceleration_pct": -5.795162544926845,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -3.6006,
      "buyer_yoy_all_avg_pct": 6.5201,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 7.189076417072833,
      "market_share_change_1y_pp": 0.9053358691590274,
      "peer_best_share_pct": 27.27040596344759,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 112,
      "buyer_market_hhi": 1343.03,
      "distance_km": 11761.806640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023682824094060608,
      "tariff_advantage_pp": 0.037034158968565656,
      "volatility_cv": 0.5833812048336483,
      "max_drawdown_pct": 57.995770179440996,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420291,
      "corridor_rank": 25,
      "exporter_iso3": "IND",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 17663578.6465699,
      "exports_all_year_avg_usd": 8940670.275606247,
      "exports_avg_3y_usd": 16565178.939883197,
      "exports_avg_5y_usd": 15973402.505589563,
      "exports_avg_10y_usd": 15447589.386654625,
      "exports_cagr_3y_pct": 0.17871028423814828,
      "exports_cagr_5y_pct": 1.578813798574119,
      "exports_cagr_10y_pct": 5.1350350530940725,
      "exports_historical_peak_usd": 17663578.6465699,
      "buyer_imports_latest_observed_usd": 121868743.33421426,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -4.956324768855924,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 6.309,
      "buyer_yoy_all_avg_pct": 3.3389,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 14.493936807183688,
      "market_share_change_1y_pp": 1.618018777524517,
      "peer_best_share_pct": 28.934921007097653,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 99,
      "buyer_market_hhi": 1335.36,
      "distance_km": 6229.63671875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.018971697826111113,
      "tariff_advantage_pp": 0.042308889512955236,
      "volatility_cv": 0.5608952782490549,
      "max_drawdown_pct": 63.119582946922726,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420291,
      "corridor_rank": 78,
      "exporter_iso3": "IND",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 5108677.193875694,
      "exports_all_year_avg_usd": 1020892.6098362699,
      "exports_avg_3y_usd": 4314330.932015106,
      "exports_avg_5y_usd": 3294743.756960813,
      "exports_avg_10y_usd": 2599614.69650091,
      "exports_cagr_3y_pct": 37.12208453161836,
      "exports_cagr_5y_pct": 8.113117419156413,
      "exports_cagr_10y_pct": 26.57416812293183,
      "exports_historical_peak_usd": 5108677.193875694,
      "buyer_imports_latest_observed_usd": 80972733.50383534,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 72.41379310344827,
      "trend_acceleration_pct": 10.547916408686532,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.3198,
      "buyer_yoy_all_avg_pct": 10.4891,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 6.309132683082407,
      "market_share_change_1y_pp": 0.9499952189585787,
      "peer_best_share_pct": 22.798657348599054,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 76,
      "buyer_market_hhi": 1062.24,
      "distance_km": 5922.22216796875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019243141578797984,
      "tariff_advantage_pp": 0.04283432120622474,
      "volatility_cv": 1.3639212913380592,
      "max_drawdown_pct": 70.66336198060776,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420291,
      "corridor_rank": 82,
      "exporter_iso3": "IND",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4787235.139187393,
      "exports_all_year_avg_usd": 3280684.0019429917,
      "exports_avg_3y_usd": 4928085.661189519,
      "exports_avg_5y_usd": 4344943.053497459,
      "exports_avg_10y_usd": 4567580.6225128565,
      "exports_cagr_3y_pct": 4.195107186236324,
      "exports_cagr_5y_pct": -1.73834827601147,
      "exports_cagr_10y_pct": -0.7372294142384717,
      "exports_historical_peak_usd": 5225940.480218287,
      "buyer_imports_latest_observed_usd": 69490518.50843564,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": 4.932336600474796,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 3.8103,
      "buyer_yoy_all_avg_pct": 6.6992,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 6.889047947751689,
      "market_share_change_1y_pp": -0.5736378827966808,
      "peer_best_share_pct": 28.85902198616734,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 74,
      "buyer_market_hhi": 1389.57,
      "distance_km": 6720.63623046875,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.41135536863371885,
      "max_drawdown_pct": 50.59941266007924,
      "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": 420291,
      "corridor_rank": 98,
      "exporter_iso3": "IND",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4072756.341962111,
      "exports_all_year_avg_usd": 1259498.3721002392,
      "exports_avg_3y_usd": 2203492.274170318,
      "exports_avg_5y_usd": 2074799.369473084,
      "exports_avg_10y_usd": 2429023.670429934,
      "exports_cagr_3y_pct": 28.08050194279561,
      "exports_cagr_5y_pct": 5.526549483276866,
      "exports_cagr_10y_pct": 10.838150827516513,
      "exports_historical_peak_usd": 4072756.341962111,
      "buyer_imports_latest_observed_usd": 120873955.22522894,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 17.2423511152791,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 16.8271,
      "buyer_yoy_all_avg_pct": 9.2993,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 3.3694242356620117,
      "market_share_change_1y_pp": 2.4307006216037643,
      "peer_best_share_pct": 27.358944190223045,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 97,
      "buyer_market_hhi": 1529.23,
      "distance_km": 6594.22998046875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019243141578797984,
      "tariff_advantage_pp": 0.04283432120622474,
      "volatility_cv": 0.8053801237128227,
      "max_drawdown_pct": 69.23825958177555,
      "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": 420291,
      "corridor_rank": 99,
      "exporter_iso3": "IND",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4049745.458700812,
      "exports_all_year_avg_usd": 2795890.9552909494,
      "exports_avg_3y_usd": 4014272.0910590678,
      "exports_avg_5y_usd": 3951642.1267499747,
      "exports_avg_10y_usd": 4936731.404582074,
      "exports_cagr_3y_pct": 5.326192059935253,
      "exports_cagr_5y_pct": -10.370924697776761,
      "exports_cagr_10y_pct": -0.9903316465137757,
      "exports_historical_peak_usd": 7001371.909802354,
      "buyer_imports_latest_observed_usd": 436637127.17635673,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 6.316523706449029,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 12.1442,
      "buyer_yoy_all_avg_pct": 4.6825,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 0.9274853663703978,
      "market_share_change_1y_pp": -0.08035835603202857,
      "peer_best_share_pct": 39.20587312507971,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 73,
      "buyer_market_hhi": 2173.53,
      "distance_km": 5847.71044921875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.018917854050022623,
      "tariff_advantage_pp": 0.02451315999046264,
      "volatility_cv": 0.7295846613280607,
      "max_drawdown_pct": 62.59157945003854,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": "['buyer_macro_weakness']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "IND",
    "hs_code": 420291,
    "num_markets": 141,
    "highest_price_importer_iso3": "MAC",
    "highest_price_usd_per_ton": 1662500,
    "lowest_price_importer_iso3": "MMR",
    "lowest_price_usd_per_ton": 400,
    "median_price_across_markets": 38723.07692307692,
    "price_spread_pct": 4292.272546682559,
    "avg_quantity_metric_tons": 23.494832402234636,
    "total_trade_value_usd": 579731845
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 33216202.646803718,
      "active_destinations": 103,
      "yoy_growth_pct": 8.89276139740334
    },
    {
      "year": 2011,
      "export_value_usd": 46645253.5637512,
      "active_destinations": 117,
      "yoy_growth_pct": 40.42921781198764
    },
    {
      "year": 2012,
      "export_value_usd": 43871731.44716468,
      "active_destinations": 112,
      "yoy_growth_pct": -5.945990009028209
    },
    {
      "year": 2013,
      "export_value_usd": 54331101.45906755,
      "active_destinations": 116,
      "yoy_growth_pct": 23.84079603627962
    },
    {
      "year": 2014,
      "export_value_usd": 58000048.71388165,
      "active_destinations": 124,
      "yoy_growth_pct": 6.752941052701167
    },
    {
      "year": 2015,
      "export_value_usd": 61598011.10870885,
      "active_destinations": 123,
      "yoy_growth_pct": 6.203378229173919
    },
    {
      "year": 2016,
      "export_value_usd": 71612717.05940373,
      "active_destinations": 128,
      "yoy_growth_pct": 16.258164460896012
    },
    {
      "year": 2017,
      "export_value_usd": 88737277.023222,
      "active_destinations": 126,
      "yoy_growth_pct": 23.91273598739901
    },
    {
      "year": 2018,
      "export_value_usd": 94262355.71166116,
      "active_destinations": 137,
      "yoy_growth_pct": 6.2263333671972845
    },
    {
      "year": 2019,
      "export_value_usd": 91848393.65023942,
      "active_destinations": 122,
      "yoy_growth_pct": -2.5608972353776074
    },
    {
      "year": 2020,
      "export_value_usd": 66203104.89807486,
      "active_destinations": 124,
      "yoy_growth_pct": -27.921325276326936
    },
    {
      "year": 2021,
      "export_value_usd": 93316324.72505772,
      "active_destinations": 129,
      "yoy_growth_pct": 40.95460457440161
    },
    {
      "year": 2022,
      "export_value_usd": 106100182.01457822,
      "active_destinations": 128,
      "yoy_growth_pct": 13.699486480191094
    },
    {
      "year": 2023,
      "export_value_usd": 96412303.68678676,
      "active_destinations": 129,
      "yoy_growth_pct": -9.13087814162312
    },
    {
      "year": 2024,
      "export_value_usd": 108718118.29196581,
      "active_destinations": 131,
      "yoy_growth_pct": 12.76373879121982
    }
  ],
  "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
  }
}