{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/isl/340600",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/340600",
    "exporter": "https://www.yugalinks.com/trade/exporter/isl/340600",
    "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": "340600",
    "exporter_iso3": "ISL",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 48,
    "current_lane_count": 22,
    "active_market_count": 22,
    "exports_latest_observed_lanes_usd": 88867.01372550937,
    "exports_current_2024_usd": 58168.91603573838,
    "exports_avg_3y_usd": 54421.34147330498,
    "exports_avg_5y_usd": 40055.201808370395,
    "exports_avg_10y_usd": 31825.57720891469,
    "exports_cagr_3y_pct": 30.75375225807633,
    "exports_cagr_5y_pct": 29.295670161298236,
    "exports_cagr_10y_pct": 14.847160088212341,
    "exports_all_year_lane_avg_usd": 74961.36575877105,
    "exports_historical_lane_peak_usd": 316251.9863533147,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 15.906592169863988,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 41667.05818418306,
    "top_market_share_pct": 46.886979135906856,
    "destination_hhi": 2821.3944927571915,
    "weighted_share_latest_pct": 0.11734117487010157,
    "weighted_share_change_1y_pp": 0.10837832302411847,
    "weighted_volatility_cv": 0.9462556006003764,
    "weighted_max_drawdown_pct": 64.97642797511661,
    "limited_history_lane_share_pct": 54.166666666666664,
    "data_freshness_years": 0,
    "coverage_score": 81,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:02",
    "source": "api",
    "product": {
      "hs_code": 340600,
      "hs_description": "Candles, tapers and the like",
      "hs_chapter": 34,
      "hs_heading": 3406,
      "substitution_elasticity": -2.4905858,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Candles, tapers and the like",
    "hs_chapter": 34,
    "hs_heading": 3406,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ISL",
      "hs_code": 340600,
      "num_markets": 30,
      "highest_price_importer_iso3": "AUT",
      "highest_price_usd_per_ton": 475000,
      "lowest_price_importer_iso3": "PRT",
      "lowest_price_usd_per_ton": 2038.4615384615386,
      "median_price_across_markets": 27000,
      "price_spread_pct": 1751.7094017094014,
      "avg_quantity_metric_tons": 0.15196385542168675,
      "total_trade_value_usd": 185355
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 3251.279316763215,
        "active_destinations": 2,
        "yoy_growth_pct": -20.78302000008705
      },
      {
        "year": 2011,
        "export_value_usd": 18829.72961738959,
        "active_destinations": 5,
        "yoy_growth_pct": 479.14832233286484
      },
      {
        "year": 2012,
        "export_value_usd": 4849.732201540655,
        "active_destinations": 8,
        "yoy_growth_pct": -74.24428125052927
      },
      {
        "year": 2013,
        "export_value_usd": 8133.108536872731,
        "active_destinations": 6,
        "yoy_growth_pct": 67.70221939860963
      },
      {
        "year": 2014,
        "export_value_usd": 14570.966694556979,
        "active_destinations": 9,
        "yoy_growth_pct": 79.15618153252477
      },
      {
        "year": 2015,
        "export_value_usd": 14098.76845659082,
        "active_destinations": 12,
        "yoy_growth_pct": -3.2406788641041184
      },
      {
        "year": 2016,
        "export_value_usd": 11024.933602788296,
        "active_destinations": 15,
        "yoy_growth_pct": -21.802151466396936
      },
      {
        "year": 2017,
        "export_value_usd": 41610.23064344033,
        "active_destinations": 11,
        "yoy_growth_pct": 277.4193309691839
      },
      {
        "year": 2018,
        "export_value_usd": 35147.86221307469,
        "active_destinations": 15,
        "yoy_growth_pct": -15.530720042726811
      },
      {
        "year": 2019,
        "export_value_usd": 16097.968131400765,
        "active_destinations": 13,
        "yoy_growth_pct": -54.199296577951
      },
      {
        "year": 2020,
        "export_value_usd": 10990.71463975848,
        "active_destinations": 21,
        "yoy_growth_pct": -31.726075303131296
      },
      {
        "year": 2021,
        "export_value_usd": 26021.269982178557,
        "active_destinations": 22,
        "yoy_growth_pct": 136.75685189794328
      },
      {
        "year": 2022,
        "export_value_usd": 21650.39022487176,
        "active_destinations": 26,
        "yoy_growth_pct": -16.79733448944008
      },
      {
        "year": 2023,
        "export_value_usd": 83444.71815930482,
        "active_destinations": 21,
        "yoy_growth_pct": 285.4190030415448
      },
      {
        "year": 2024,
        "export_value_usd": 58168.91603573838,
        "active_destinations": 22,
        "yoy_growth_pct": -30.290475755831842
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "ISL",
      "exports_usd": 7078787978.20623,
      "imports_usd": 9191919357.586174,
      "trade_balance_usd": -2113131379.3799438,
      "yoy_exports_growth_pct": 5.773157451071831,
      "yoy_imports_growth_pct": 3.012534217816465,
      "exports_cagr_3y_pct": 4.3350251229705705,
      "imports_cagr_3y_pct": 8.163147980449835,
      "export_partner_hhi": 1095.047760745892,
      "export_product_hhi": 616.5306594247563,
      "momentum_score": 5.341717752641452,
      "risk_score": 8.557892100853241,
      "gdp_million_usd": 33255.181468938186,
      "gdp_per_capita_usd": 86040.53098512879,
      "population": 386506,
      "labor_force": 209.95,
      "investment_rate_pct": 23.28,
      "savings_rate_pct": 24.42,
      "secondary_education_pct": 82.23,
      "tertiary_education_pct": 51.36,
      "total_factor_productivity": 2506.95,
      "trade_openness_pct": 75.74432831756863,
      "exports_gdp_pct": 32.95357906980619,
      "num_active_partners": 270,
      "num_fta_partners": 63,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 7355.238683127572,
      "avg_partner_gdp_million_usd": 533678518.3258194,
      "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": 23.333333333333332,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13363828408192496,
      "avg_mfn_tariff_pct": 0.1380490369755705,
      "avg_preferential_tariff_pct": 0.01362177526215086,
      "tariff_advantage_pp": 0.12442726171341964,
      "avg_distance_all_partners_km": 7291.424011981477,
      "num_border_partners": 0,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -8.990992248136562,
      "pct_products_high_elasticity": 69.55297430482224,
      "pct_products_low_elasticity": 3.4846884899683213,
      "real_market_potential": 92109.1816409224,
      "foreign_market_potential": 12725.130696772336
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "340600",
    "hs_description": "Candles, tapers and the like",
    "hs_chapter": 34,
    "hs_heading": 3406
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ISL",
    "hs_code": 340600,
    "num_markets": 30,
    "highest_price_importer_iso3": "AUT",
    "highest_price_usd_per_ton": 475000,
    "lowest_price_importer_iso3": "PRT",
    "lowest_price_usd_per_ton": 2038.4615384615386,
    "median_price_across_markets": 27000,
    "price_spread_pct": 1751.7094017094014,
    "avg_quantity_metric_tons": 0.15196385542168675,
    "total_trade_value_usd": 185355
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 3251.279316763215,
      "active_destinations": 2,
      "yoy_growth_pct": -20.78302000008705
    },
    {
      "year": 2011,
      "export_value_usd": 18829.72961738959,
      "active_destinations": 5,
      "yoy_growth_pct": 479.14832233286484
    },
    {
      "year": 2012,
      "export_value_usd": 4849.732201540655,
      "active_destinations": 8,
      "yoy_growth_pct": -74.24428125052927
    },
    {
      "year": 2013,
      "export_value_usd": 8133.108536872731,
      "active_destinations": 6,
      "yoy_growth_pct": 67.70221939860963
    },
    {
      "year": 2014,
      "export_value_usd": 14570.966694556979,
      "active_destinations": 9,
      "yoy_growth_pct": 79.15618153252477
    },
    {
      "year": 2015,
      "export_value_usd": 14098.76845659082,
      "active_destinations": 12,
      "yoy_growth_pct": -3.2406788641041184
    },
    {
      "year": 2016,
      "export_value_usd": 11024.933602788296,
      "active_destinations": 15,
      "yoy_growth_pct": -21.802151466396936
    },
    {
      "year": 2017,
      "export_value_usd": 41610.23064344033,
      "active_destinations": 11,
      "yoy_growth_pct": 277.4193309691839
    },
    {
      "year": 2018,
      "export_value_usd": 35147.86221307469,
      "active_destinations": 15,
      "yoy_growth_pct": -15.530720042726811
    },
    {
      "year": 2019,
      "export_value_usd": 16097.968131400765,
      "active_destinations": 13,
      "yoy_growth_pct": -54.199296577951
    },
    {
      "year": 2020,
      "export_value_usd": 10990.71463975848,
      "active_destinations": 21,
      "yoy_growth_pct": -31.726075303131296
    },
    {
      "year": 2021,
      "export_value_usd": 26021.269982178557,
      "active_destinations": 22,
      "yoy_growth_pct": 136.75685189794328
    },
    {
      "year": 2022,
      "export_value_usd": 21650.39022487176,
      "active_destinations": 26,
      "yoy_growth_pct": -16.79733448944008
    },
    {
      "year": 2023,
      "export_value_usd": 83444.71815930482,
      "active_destinations": 21,
      "yoy_growth_pct": 285.4190030415448
    },
    {
      "year": 2024,
      "export_value_usd": 58168.91603573838,
      "active_destinations": 22,
      "yoy_growth_pct": -30.290475755831842
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "ISL",
    "exports_usd": 7078787978.20623,
    "imports_usd": 9191919357.586174,
    "trade_balance_usd": -2113131379.3799438,
    "yoy_exports_growth_pct": 5.773157451071831,
    "yoy_imports_growth_pct": 3.012534217816465,
    "exports_cagr_3y_pct": 4.3350251229705705,
    "imports_cagr_3y_pct": 8.163147980449835,
    "export_partner_hhi": 1095.047760745892,
    "export_product_hhi": 616.5306594247563,
    "momentum_score": 5.341717752641452,
    "risk_score": 8.557892100853241,
    "gdp_million_usd": 33255.181468938186,
    "gdp_per_capita_usd": 86040.53098512879,
    "population": 386506,
    "labor_force": 209.95,
    "investment_rate_pct": 23.28,
    "savings_rate_pct": 24.42,
    "secondary_education_pct": 82.23,
    "tertiary_education_pct": 51.36,
    "total_factor_productivity": 2506.95,
    "trade_openness_pct": 75.74432831756863,
    "exports_gdp_pct": 32.95357906980619,
    "num_active_partners": 270,
    "num_fta_partners": 63,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 7355.238683127572,
    "avg_partner_gdp_million_usd": 533678518.3258194,
    "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": 23.333333333333332,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.13363828408192496,
    "avg_mfn_tariff_pct": 0.1380490369755705,
    "avg_preferential_tariff_pct": 0.01362177526215086,
    "tariff_advantage_pp": 0.12442726171341964,
    "avg_distance_all_partners_km": 7291.424011981477,
    "num_border_partners": 0,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -8.990992248136562,
    "pct_products_high_elasticity": 69.55297430482224,
    "pct_products_low_elasticity": 3.4846884899683213,
    "real_market_potential": 92109.1816409224,
    "foreign_market_potential": 12725.130696772336
  }
}