{
  "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/920600",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920600",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/920600",
    "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": "920600",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 168,
    "current_lane_count": 101,
    "active_market_count": 101,
    "exports_latest_observed_lanes_usd": 5600552.340477566,
    "exports_current_2024_usd": 5542305.92059906,
    "exports_avg_3y_usd": 5468195.021942605,
    "exports_avg_5y_usd": 4941606.00417456,
    "exports_avg_10y_usd": 4418871.8932675,
    "exports_cagr_3y_pct": 4.378862316798315,
    "exports_cagr_5y_pct": 8.788778794591057,
    "exports_cagr_10y_pct": 4.3013238125680475,
    "exports_all_year_lane_avg_usd": 2956558.0069051567,
    "exports_historical_lane_peak_usd": 11097682.949690599,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 0.07753850423026787,
    "trend_label": "Growing",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 2036583.5259150015,
    "top_market_share_pct": 36.36397630276123,
    "destination_hhi": 1683.5406316666738,
    "weighted_share_latest_pct": 6.068481956361565,
    "weighted_share_change_1y_pp": -0.21532477532232489,
    "weighted_volatility_cv": 0.8823551226171364,
    "weighted_max_drawdown_pct": 72.32666212161062,
    "limited_history_lane_share_pct": 30.357142857142858,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 920600,
      "hs_description": "Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)",
      "hs_chapter": 92,
      "hs_heading": 9206,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)",
    "hs_chapter": 92,
    "hs_heading": 9206,
    "destinations": [
      {
        "hs_code": 920600,
        "corridor_rank": 42,
        "exporter_iso3": "IND",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2036583.5259150015,
        "exports_all_year_avg_usd": 678619.9063248574,
        "exports_avg_3y_usd": 1917922.6024643995,
        "exports_avg_5y_usd": 1659641.7013088833,
        "exports_avg_10y_usd": 1390878.3168115176,
        "exports_cagr_3y_pct": 12.46703380296752,
        "exports_cagr_5y_pct": 12.437423628752931,
        "exports_cagr_10y_pct": 13.605664793869199,
        "exports_historical_peak_usd": 2036583.5259150015,
        "buyer_imports_latest_observed_usd": 65209206.4685408,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -1.138630990901678,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.2433,
        "buyer_yoy_all_avg_pct": 6.0055,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 3.123153364697852,
        "market_share_change_1y_pp": 0.06666807111746387,
        "peer_best_share_pct": 34.31790671656824,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 87,
        "buyer_market_hhi": 1600.21,
        "distance_km": 6229.63671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018971697826111113,
        "tariff_advantage_pp": 0.042308889512955236,
        "volatility_cv": 0.8851967637238807,
        "max_drawdown_pct": 67.9425011989489,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920600,
        "corridor_rank": 74,
        "exporter_iso3": "IND",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 692857.4910852949,
        "exports_all_year_avg_usd": 667875.5142620493,
        "exports_avg_3y_usd": 768228.8080541197,
        "exports_avg_5y_usd": 843306.5687874996,
        "exports_avg_10y_usd": 915349.4309319794,
        "exports_cagr_3y_pct": -8.415134793063695,
        "exports_cagr_5y_pct": -7.948133583144057,
        "exports_cagr_10y_pct": -4.966259486721758,
        "exports_historical_peak_usd": 1213322.5133885825,
        "buyer_imports_latest_observed_usd": 127703897.93679057,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -3.448875306341937,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -2.581,
        "buyer_yoy_all_avg_pct": 3.3895,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.5425499943848523,
        "market_share_change_1y_pp": 0.08606390638655792,
        "peer_best_share_pct": 39.406636990106115,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 89,
        "buyer_market_hhi": 1999.01,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023682824094060608,
        "tariff_advantage_pp": 0.037034158968565656,
        "volatility_cv": 0.43312056304162755,
        "max_drawdown_pct": 51.96571128007432,
        "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": 920600,
        "corridor_rank": 85,
        "exporter_iso3": "IND",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 567356.8089063723,
        "exports_all_year_avg_usd": 122239.17069358239,
        "exports_avg_3y_usd": 284029.234672429,
        "exports_avg_5y_usd": 207847.23140824534,
        "exports_avg_10y_usd": 151685.21108120895,
        "exports_cagr_3y_pct": 81.82409132041788,
        "exports_cagr_5y_pct": 47.96098050992341,
        "exports_cagr_10y_pct": 21.65871857242978,
        "exports_historical_peak_usd": 567356.8089063723,
        "buyer_imports_latest_observed_usd": 23365398.85450374,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 60.1653727479881,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.585,
        "buyer_yoy_all_avg_pct": 3.6953,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.4281922702852254,
        "market_share_change_1y_pp": 1.9329641696584101,
        "peer_best_share_pct": 30.797033465820718,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 64,
        "buyer_market_hhi": 1922.64,
        "distance_km": 6720.63623046875,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7199938946807133,
        "max_drawdown_pct": 58.90165298590346,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "IND",
      "hs_code": 920600,
      "num_markets": 133,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 2436000,
      "lowest_price_importer_iso3": "BHR",
      "lowest_price_usd_per_ton": 500,
      "median_price_across_markets": 26092.543859649126,
      "price_spread_pct": 9334.084147181926,
      "avg_quantity_metric_tons": 2.093109409190371,
      "total_trade_value_usd": 24220123
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 2507920.664197628,
        "active_destinations": 88,
        "yoy_growth_pct": -21.201440823911085
      },
      {
        "year": 2011,
        "export_value_usd": 3700288.9904754125,
        "active_destinations": 89,
        "yoy_growth_pct": 47.54410070859499
      },
      {
        "year": 2012,
        "export_value_usd": 3279195.303536902,
        "active_destinations": 88,
        "yoy_growth_pct": -11.380021615133586
      },
      {
        "year": 2013,
        "export_value_usd": 3375324.0801101336,
        "active_destinations": 91,
        "yoy_growth_pct": 2.9314745745563875
      },
      {
        "year": 2014,
        "export_value_usd": 3637410.2635861924,
        "active_destinations": 92,
        "yoy_growth_pct": 7.764770945120835
      },
      {
        "year": 2015,
        "export_value_usd": 4332447.247247535,
        "active_destinations": 93,
        "yoy_growth_pct": 19.10801733363154
      },
      {
        "year": 2016,
        "export_value_usd": 3894552.457184801,
        "active_destinations": 91,
        "yoy_growth_pct": -10.107331147330985
      },
      {
        "year": 2017,
        "export_value_usd": 3805457.625091197,
        "active_destinations": 89,
        "yoy_growth_pct": -2.2876783166507044
      },
      {
        "year": 2018,
        "export_value_usd": 3811008.1031100713,
        "active_destinations": 89,
        "yoy_growth_pct": 0.14585573052442768
      },
      {
        "year": 2019,
        "export_value_usd": 3637223.479168594,
        "active_destinations": 98,
        "yoy_growth_pct": -4.56006965190276
      },
      {
        "year": 2020,
        "export_value_usd": 3429812.012311406,
        "active_destinations": 93,
        "yoy_growth_pct": -5.702466951648475
      },
      {
        "year": 2021,
        "export_value_usd": 4873632.9427335765,
        "active_destinations": 92,
        "yoy_growth_pct": 42.096211840168934
      },
      {
        "year": 2022,
        "export_value_usd": 5739073.053928521,
        "active_destinations": 99,
        "yoy_growth_pct": 17.75759728654344
      },
      {
        "year": 2023,
        "export_value_usd": 5123206.091300235,
        "active_destinations": 103,
        "yoy_growth_pct": -10.731122549602533
      },
      {
        "year": 2024,
        "export_value_usd": 5542305.92059906,
        "active_destinations": 101,
        "yoy_growth_pct": 8.180421045534404
      }
    ],
    "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": "920600",
    "hs_description": "Musical instruments: percussion (e.g. drums, xylophones, cymbals, castanets, maracas)",
    "hs_chapter": 92,
    "hs_heading": 9206
  },
  "destinations": [
    {
      "hs_code": 920600,
      "corridor_rank": 42,
      "exporter_iso3": "IND",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2036583.5259150015,
      "exports_all_year_avg_usd": 678619.9063248574,
      "exports_avg_3y_usd": 1917922.6024643995,
      "exports_avg_5y_usd": 1659641.7013088833,
      "exports_avg_10y_usd": 1390878.3168115176,
      "exports_cagr_3y_pct": 12.46703380296752,
      "exports_cagr_5y_pct": 12.437423628752931,
      "exports_cagr_10y_pct": 13.605664793869199,
      "exports_historical_peak_usd": 2036583.5259150015,
      "buyer_imports_latest_observed_usd": 65209206.4685408,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -1.138630990901678,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 7.2433,
      "buyer_yoy_all_avg_pct": 6.0055,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 3.123153364697852,
      "market_share_change_1y_pp": 0.06666807111746387,
      "peer_best_share_pct": 34.31790671656824,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 87,
      "buyer_market_hhi": 1600.21,
      "distance_km": 6229.63671875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.018971697826111113,
      "tariff_advantage_pp": 0.042308889512955236,
      "volatility_cv": 0.8851967637238807,
      "max_drawdown_pct": 67.9425011989489,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920600,
      "corridor_rank": 74,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 692857.4910852949,
      "exports_all_year_avg_usd": 667875.5142620493,
      "exports_avg_3y_usd": 768228.8080541197,
      "exports_avg_5y_usd": 843306.5687874996,
      "exports_avg_10y_usd": 915349.4309319794,
      "exports_cagr_3y_pct": -8.415134793063695,
      "exports_cagr_5y_pct": -7.948133583144057,
      "exports_cagr_10y_pct": -4.966259486721758,
      "exports_historical_peak_usd": 1213322.5133885825,
      "buyer_imports_latest_observed_usd": 127703897.93679057,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -3.448875306341937,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -2.581,
      "buyer_yoy_all_avg_pct": 3.3895,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.5425499943848523,
      "market_share_change_1y_pp": 0.08606390638655792,
      "peer_best_share_pct": 39.406636990106115,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 89,
      "buyer_market_hhi": 1999.01,
      "distance_km": 11761.806640625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023682824094060608,
      "tariff_advantage_pp": 0.037034158968565656,
      "volatility_cv": 0.43312056304162755,
      "max_drawdown_pct": 51.96571128007432,
      "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": 920600,
      "corridor_rank": 85,
      "exporter_iso3": "IND",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 567356.8089063723,
      "exports_all_year_avg_usd": 122239.17069358239,
      "exports_avg_3y_usd": 284029.234672429,
      "exports_avg_5y_usd": 207847.23140824534,
      "exports_avg_10y_usd": 151685.21108120895,
      "exports_cagr_3y_pct": 81.82409132041788,
      "exports_cagr_5y_pct": 47.96098050992341,
      "exports_cagr_10y_pct": 21.65871857242978,
      "exports_historical_peak_usd": 567356.8089063723,
      "buyer_imports_latest_observed_usd": 23365398.85450374,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": 60.1653727479881,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -0.585,
      "buyer_yoy_all_avg_pct": 3.6953,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 2.4281922702852254,
      "market_share_change_1y_pp": 1.9329641696584101,
      "peer_best_share_pct": 30.797033465820718,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 64,
      "buyer_market_hhi": 1922.64,
      "distance_km": 6720.63623046875,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7199938946807133,
      "max_drawdown_pct": 58.90165298590346,
      "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"
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