# Japan HS 560121 exports | Yugalinks

Explore reported HS 560121 exports from Japan: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Japan |
| HS6 | 560121 |
| Latest exports | $20.3M |
| Active destinations | 90 |
| Three-year growth | -13.1% |
| Destination HHI | 1,451 |
| Weighted share | 19.7% |

## Destination markets

- Indonesia: $5.4M; share 37.6%; growth +60.4%
- China: $4.2M; share 30.1%; growth -37.8%
- Viet Nam: $2.1M; share 8.2%; growth +2.2%
- USA, Puerto Rico and US Virgin Islands: $2.0M; share 1.7%; growth -2.4%

## Price intelligence

- Highest reported market price: Italy at $917.3K / ton.
- Lowest reported market price: United Rep. of Tanzania at $127.3 / ton.
- Median reported price: $14.2K / ton.
- Price spread: 6,474.8%.

## Export history

- 2010: $13.9M
- 2011: $14.0M
- 2012: $12.4M
- 2013: $11.9M
- 2014: $12.5M
- 2015: $13.1M
- 2016: $24.0M
- 2017: $36.0M
- 2018: $37.8M
- 2019: $39.7M
- 2020: $30.6M
- 2021: $30.8M
- 2022: $21.9M
- 2023: $21.9M
- 2024: $20.2M

## 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/jpn/560121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/560121",
    "exporter": "https://www.yugalinks.com/trade/exporter/jpn/560121",
    "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": "560121",
    "exporter_iso3": "JPN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 145,
    "current_lane_count": 90,
    "active_market_count": 90,
    "exports_latest_observed_lanes_usd": 20307809.880438387,
    "exports_current_2024_usd": 20247770.641614668,
    "exports_avg_3y_usd": 21368207.1932126,
    "exports_avg_5y_usd": 25108877.501768004,
    "exports_avg_10y_usd": 27614614.95530855,
    "exports_cagr_3y_pct": -13.068078709277732,
    "exports_cagr_5y_pct": -12.617171384476656,
    "exports_cagr_10y_pct": 4.911923482597391,
    "exports_all_year_lane_avg_usd": 15976455.995895142,
    "exports_historical_lane_peak_usd": 63106604.912942685,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -17.980002191875123,
    "trend_label": "Rapid decline",
    "top_market_iso3": "IDN",
    "top_market_exports_usd": 5364647.130824932,
    "top_market_share_pct": 26.416670051616244,
    "destination_hhi": 1451.4950122431246,
    "weighted_share_latest_pct": 19.724139536326522,
    "weighted_share_change_1y_pp": -5.3512853129871845,
    "weighted_volatility_cv": 1.1890149260674852,
    "weighted_max_drawdown_pct": 85.06513652870643,
    "limited_history_lane_share_pct": 36.55172413793103,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:06",
    "source": "api",
    "product": {
      "hs_code": 560121,
      "hs_description": "Wadding: other articles thereof, of cotton",
      "hs_chapter": 56,
      "hs_heading": 5601,
      "substitution_elasticity": -8.4078503,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Wadding: other articles thereof, of cotton",
    "hs_chapter": 56,
    "hs_heading": 5601,
    "destinations": [
      {
        "hs_code": 560121,
        "corridor_rank": 40,
        "exporter_iso3": "JPN",
        "importer_iso3": "IDN",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 5364647.130824932,
        "exports_all_year_avg_usd": 764283.1318029736,
        "exports_avg_3y_usd": 4229838.856326463,
        "exports_avg_5y_usd": 2982887.0622881707,
        "exports_avg_10y_usd": 1708074.4114611007,
        "exports_cagr_3y_pct": 60.4361340855432,
        "exports_cagr_5y_pct": 61.055222570707414,
        "exports_cagr_10y_pct": 62.13392692355539,
        "exports_historical_peak_usd": 5364647.130824932,
        "buyer_imports_latest_observed_usd": 14254762.118800547,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": -1.697792838012191,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 52.3637,
        "buyer_yoy_all_avg_pct": 66.9432,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 37.63406983656024,
        "market_share_change_1y_pp": -15.463839452368205,
        "peer_best_share_pct": 54.56972895353369,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 4414.62,
        "distance_km": 5791.626953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.17440987586727275,
        "tariff_advantage_pp": 0.1747649220871192,
        "volatility_cv": 1.6984121191167425,
        "max_drawdown_pct": 96.36598540258697,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 560121,
        "corridor_rank": 49,
        "exporter_iso3": "JPN",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 4183177.55991245,
        "exports_all_year_avg_usd": 6116580.290404183,
        "exports_avg_3y_usd": 5639736.110574284,
        "exports_avg_5y_usd": 10652244.733783592,
        "exports_avg_10y_usd": 14270147.983429844,
        "exports_cagr_3y_pct": -37.84121658984326,
        "exports_cagr_5y_pct": -31.04494901178374,
        "exports_cagr_10y_pct": -3.6518744037465245,
        "exports_historical_peak_usd": 26833410.79823219,
        "buyer_imports_latest_observed_usd": 13885885.639837893,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -34.18934218609674,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -10.0096,
        "buyer_yoy_all_avg_pct": 8.344,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 30.12539256344679,
        "market_share_change_1y_pp": -5.085298169693221,
        "peer_best_share_pct": 50.46902934131793,
        "peer_top_exporter": "VNM",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 3483.46,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.3018987556787879,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.235763910168236,
        "max_drawdown_pct": 84.41056341526273,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 560121,
        "corridor_rank": 79,
        "exporter_iso3": "JPN",
        "importer_iso3": "VNM",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2095772.7922771783,
        "exports_all_year_avg_usd": 535633.8297811442,
        "exports_avg_3y_usd": 2095749.997096448,
        "exports_avg_5y_usd": 1935036.4792610053,
        "exports_avg_10y_usd": 1269228.8739937139,
        "exports_cagr_3y_pct": 2.1859856961959023,
        "exports_cagr_5y_pct": 9.526377519298656,
        "exports_cagr_10y_pct": 30.39366426453658,
        "exports_historical_peak_usd": 2440385.2343221037,
        "buyer_imports_latest_observed_usd": 25656271.746889155,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -28.207678568340675,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 8.593,
        "buyer_yoy_all_avg_pct": 19.1599,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 8.168656821820935,
        "market_share_change_1y_pp": 0.7569653938292102,
        "peer_best_share_pct": 52.36246896046113,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 3056.65,
        "distance_km": 3672.563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.15377010469806765,
        "tariff_advantage_pp": 0.10670270104362317,
        "volatility_cv": 1.3104242502818952,
        "max_drawdown_pct": 96.80983996608535,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 560121,
        "corridor_rank": 81,
        "exporter_iso3": "JPN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2032757.6317239609,
        "exports_all_year_avg_usd": 1451878.0398188354,
        "exports_avg_3y_usd": 2171481.01114383,
        "exports_avg_5y_usd": 2251498.424669277,
        "exports_avg_10y_usd": 2423310.4711094894,
        "exports_cagr_3y_pct": -2.3704190586335327,
        "exports_cagr_5y_pct": -9.805804344609237,
        "exports_cagr_10y_pct": 2.3843477776299915,
        "exports_historical_peak_usd": 3405592.264166782,
        "buyer_imports_latest_observed_usd": 118811956.66182184,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -4.754766836263524,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -3.774,
        "buyer_yoy_all_avg_pct": 13.3405,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 1.710903253205284,
        "market_share_change_1y_pp": -0.23118381444124014,
        "peer_best_share_pct": 33.858336902163764,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 2427.75,
        "distance_km": 10855.5869140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04673181352585858,
        "tariff_advantage_pp": 0.02445433962268399,
        "volatility_cv": 0.6139188665559309,
        "max_drawdown_pct": 40.311186012712575,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "JPN",
      "hs_code": 560121,
      "num_markets": 104,
      "highest_price_importer_iso3": "ITA",
      "highest_price_usd_per_ton": 917250,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 127.31871838111299,
      "median_price_across_markets": 14164.48684083885,
      "price_spread_pct": 6474.803440371617,
      "avg_quantity_metric_tons": 38.34221529745042,
      "total_trade_value_usd": 142421388
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 13873510.288205571,
        "active_destinations": 51,
        "yoy_growth_pct": 28.690715952995838
      },
      {
        "year": 2011,
        "export_value_usd": 14013131.556947358,
        "active_destinations": 59,
        "yoy_growth_pct": 1.0063874667717234
      },
      {
        "year": 2012,
        "export_value_usd": 12438676.747790396,
        "active_destinations": 67,
        "yoy_growth_pct": -11.235567173251768
      },
      {
        "year": 2013,
        "export_value_usd": 11933556.651207374,
        "active_destinations": 57,
        "yoy_growth_pct": -4.060882896347887
      },
      {
        "year": 2014,
        "export_value_usd": 12535126.381827377,
        "active_destinations": 64,
        "yoy_growth_pct": 5.040992792028509
      },
      {
        "year": 2015,
        "export_value_usd": 13056377.743727643,
        "active_destinations": 69,
        "yoy_growth_pct": 4.158325540745588
      },
      {
        "year": 2016,
        "export_value_usd": 24035448.46542551,
        "active_destinations": 68,
        "yoy_growth_pct": 84.08971413968376
      },
      {
        "year": 2017,
        "export_value_usd": 35980813.127836145,
        "active_destinations": 75,
        "yoy_growth_pct": 49.69894645233598
      },
      {
        "year": 2018,
        "export_value_usd": 37787397.302396394,
        "active_destinations": 77,
        "yoy_growth_pct": 5.02096539103116
      },
      {
        "year": 2019,
        "export_value_usd": 39741725.40485982,
        "active_destinations": 75,
        "yoy_growth_pct": 5.171904502508525
      },
      {
        "year": 2020,
        "export_value_usd": 30619287.337143604,
        "active_destinations": 78,
        "yoy_growth_pct": -22.95430803464984
      },
      {
        "year": 2021,
        "export_value_usd": 30820478.592058636,
        "active_destinations": 80,
        "yoy_growth_pct": 0.6570736042931075
      },
      {
        "year": 2022,
        "export_value_usd": 21923431.27942784,
        "active_destinations": 83,
        "yoy_growth_pct": -28.867323672654628
      },
      {
        "year": 2023,
        "export_value_usd": 21933419.65859529,
        "active_destinations": 79,
        "yoy_growth_pct": 0.04556029136197062
      },
      {
        "year": 2024,
        "export_value_usd": 20247770.641614668,
        "active_destinations": 90,
        "yoy_growth_pct": -7.685299616834023
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "JPN",
      "exports_usd": 740389741752.2847,
      "imports_usd": 691789705389.4546,
      "trade_balance_usd": 48600036362.83008,
      "yoy_exports_growth_pct": -1.0722413952978127,
      "yoy_imports_growth_pct": -4.978019335077743,
      "exports_cagr_3y_pct": -1.7236616069066013,
      "imports_cagr_3y_pct": -1.7946276917458315,
      "export_partner_hhi": 897.0853649088637,
      "export_product_hhi": 96.5751068492112,
      "momentum_score": -1.2676674587804493,
      "risk_score": 4.968302358790375,
      "gdp_million_usd": 4027597.5235505826,
      "gdp_per_capita_usd": 32487.07780475674,
      "population": 123975371,
      "labor_force": 67182.93,
      "investment_rate_pct": 24.79,
      "savings_rate_pct": 24.61,
      "secondary_education_pct": 95.24,
      "tertiary_education_pct": 46.64,
      "total_factor_productivity": 2283.36,
      "trade_openness_pct": 19.979395999512008,
      "exports_gdp_pct": 10.328691613308246,
      "num_active_partners": 270,
      "num_fta_partners": 48,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 9989.440329218107,
      "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": 17.77777777777778,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13759291822904723,
      "avg_mfn_tariff_pct": 0.13804069222958484,
      "avg_preferential_tariff_pct": 0.019201928440430494,
      "tariff_advantage_pp": 0.11883876378915435,
      "avg_distance_all_partners_km": 10078.773537545436,
      "num_border_partners": 0,
      "num_colonial_partners": 135,
      "avg_substitution_elasticity": -10.859108559552851,
      "pct_products_high_elasticity": 75.89348283111423,
      "pct_products_low_elasticity": 2.6862882504087833,
      "real_market_potential": 1053545.3175285766,
      "foreign_market_potential": 20680.15785812393
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "560121",
    "hs_description": "Wadding: other articles thereof, of cotton",
    "hs_chapter": 56,
    "hs_heading": 5601
  },
  "destinations": [
    {
      "hs_code": 560121,
      "corridor_rank": 40,
      "exporter_iso3": "JPN",
      "importer_iso3": "IDN",
      "latest_data_year": 2024,
      "lane_data_years": 29,
      "exports_latest_observed_usd": 5364647.130824932,
      "exports_all_year_avg_usd": 764283.1318029736,
      "exports_avg_3y_usd": 4229838.856326463,
      "exports_avg_5y_usd": 2982887.0622881707,
      "exports_avg_10y_usd": 1708074.4114611007,
      "exports_cagr_3y_pct": 60.4361340855432,
      "exports_cagr_5y_pct": 61.055222570707414,
      "exports_cagr_10y_pct": 62.13392692355539,
      "exports_historical_peak_usd": 5364647.130824932,
      "buyer_imports_latest_observed_usd": 14254762.118800547,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": -1.697792838012191,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 52.3637,
      "buyer_yoy_all_avg_pct": 66.9432,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 37.63406983656024,
      "market_share_change_1y_pp": -15.463839452368205,
      "peer_best_share_pct": 54.56972895353369,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 4414.62,
      "distance_km": 5791.626953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.17440987586727275,
      "tariff_advantage_pp": 0.1747649220871192,
      "volatility_cv": 1.6984121191167425,
      "max_drawdown_pct": 96.36598540258697,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 560121,
      "corridor_rank": 49,
      "exporter_iso3": "JPN",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 4183177.55991245,
      "exports_all_year_avg_usd": 6116580.290404183,
      "exports_avg_3y_usd": 5639736.110574284,
      "exports_avg_5y_usd": 10652244.733783592,
      "exports_avg_10y_usd": 14270147.983429844,
      "exports_cagr_3y_pct": -37.84121658984326,
      "exports_cagr_5y_pct": -31.04494901178374,
      "exports_cagr_10y_pct": -3.6518744037465245,
      "exports_historical_peak_usd": 26833410.79823219,
      "buyer_imports_latest_observed_usd": 13885885.639837893,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -34.18934218609674,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -10.0096,
      "buyer_yoy_all_avg_pct": 8.344,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 30.12539256344679,
      "market_share_change_1y_pp": -5.085298169693221,
      "peer_best_share_pct": 50.46902934131793,
      "peer_top_exporter": "VNM",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 3483.46,
      "distance_km": 2098.11083984375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.3018987556787879,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.235763910168236,
      "max_drawdown_pct": 84.41056341526273,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 560121,
      "corridor_rank": 79,
      "exporter_iso3": "JPN",
      "importer_iso3": "VNM",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2095772.7922771783,
      "exports_all_year_avg_usd": 535633.8297811442,
      "exports_avg_3y_usd": 2095749.997096448,
      "exports_avg_5y_usd": 1935036.4792610053,
      "exports_avg_10y_usd": 1269228.8739937139,
      "exports_cagr_3y_pct": 2.1859856961959023,
      "exports_cagr_5y_pct": 9.526377519298656,
      "exports_cagr_10y_pct": 30.39366426453658,
      "exports_historical_peak_usd": 2440385.2343221037,
      "buyer_imports_latest_observed_usd": 25656271.746889155,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -28.207678568340675,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 8.593,
      "buyer_yoy_all_avg_pct": 19.1599,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 8.168656821820935,
      "market_share_change_1y_pp": 0.7569653938292102,
      "peer_best_share_pct": 52.36246896046113,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 3056.65,
      "distance_km": 3672.563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.15377010469806765,
      "tariff_advantage_pp": 0.10670270104362317,
      "volatility_cv": 1.3104242502818952,
      "max_drawdown_pct": 96.80983996608535,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 560121,
      "corridor_rank": 81,
      "exporter_iso3": "JPN",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 2032757.6317239609,
      "exports_all_year_avg_usd": 1451878.0398188354,
      "exports_avg_3y_usd": 2171481.01114383,
      "exports_avg_5y_usd": 2251498.424669277,
      "exports_avg_10y_usd": 2423310.4711094894,
      "exports_cagr_3y_pct": -2.3704190586335327,
      "exports_cagr_5y_pct": -9.805804344609237,
      "exports_cagr_10y_pct": 2.3843477776299915,
      "exports_historical_peak_usd": 3405592.264166782,
      "buyer_imports_latest_observed_usd": 118811956.66182184,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -4.754766836263524,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -3.774,
      "buyer_yoy_all_avg_pct": 13.3405,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 1.710903253205284,
      "market_share_change_1y_pp": -0.23118381444124014,
      "peer_best_share_pct": 33.858336902163764,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 55,
      "buyer_market_hhi": 2427.75,
      "distance_km": 10855.5869140625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04673181352585858,
      "tariff_advantage_pp": 0.02445433962268399,
      "volatility_cv": 0.6139188665559309,
      "max_drawdown_pct": 40.311186012712575,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "JPN",
    "hs_code": 560121,
    "num_markets": 104,
    "highest_price_importer_iso3": "ITA",
    "highest_price_usd_per_ton": 917250,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 127.31871838111299,
    "median_price_across_markets": 14164.48684083885,
    "price_spread_pct": 6474.803440371617,
    "avg_quantity_metric_tons": 38.34221529745042,
    "total_trade_value_usd": 142421388
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 13873510.288205571,
      "active_destinations": 51,
      "yoy_growth_pct": 28.690715952995838
    },
    {
      "year": 2011,
      "export_value_usd": 14013131.556947358,
      "active_destinations": 59,
      "yoy_growth_pct": 1.0063874667717234
    },
    {
      "year": 2012,
      "export_value_usd": 12438676.747790396,
      "active_destinations": 67,
      "yoy_growth_pct": -11.235567173251768
    },
    {
      "year": 2013,
      "export_value_usd": 11933556.651207374,
      "active_destinations": 57,
      "yoy_growth_pct": -4.060882896347887
    },
    {
      "year": 2014,
      "export_value_usd": 12535126.381827377,
      "active_destinations": 64,
      "yoy_growth_pct": 5.040992792028509
    },
    {
      "year": 2015,
      "export_value_usd": 13056377.743727643,
      "active_destinations": 69,
      "yoy_growth_pct": 4.158325540745588
    },
    {
      "year": 2016,
      "export_value_usd": 24035448.46542551,
      "active_destinations": 68,
      "yoy_growth_pct": 84.08971413968376
    },
    {
      "year": 2017,
      "export_value_usd": 35980813.127836145,
      "active_destinations": 75,
      "yoy_growth_pct": 49.69894645233598
    },
    {
      "year": 2018,
      "export_value_usd": 37787397.302396394,
      "active_destinations": 77,
      "yoy_growth_pct": 5.02096539103116
    },
    {
      "year": 2019,
      "export_value_usd": 39741725.40485982,
      "active_destinations": 75,
      "yoy_growth_pct": 5.171904502508525
    },
    {
      "year": 2020,
      "export_value_usd": 30619287.337143604,
      "active_destinations": 78,
      "yoy_growth_pct": -22.95430803464984
    },
    {
      "year": 2021,
      "export_value_usd": 30820478.592058636,
      "active_destinations": 80,
      "yoy_growth_pct": 0.6570736042931075
    },
    {
      "year": 2022,
      "export_value_usd": 21923431.27942784,
      "active_destinations": 83,
      "yoy_growth_pct": -28.867323672654628
    },
    {
      "year": 2023,
      "export_value_usd": 21933419.65859529,
      "active_destinations": 79,
      "yoy_growth_pct": 0.04556029136197062
    },
    {
      "year": 2024,
      "export_value_usd": 20247770.641614668,
      "active_destinations": 90,
      "yoy_growth_pct": -7.685299616834023
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "JPN",
    "exports_usd": 740389741752.2847,
    "imports_usd": 691789705389.4546,
    "trade_balance_usd": 48600036362.83008,
    "yoy_exports_growth_pct": -1.0722413952978127,
    "yoy_imports_growth_pct": -4.978019335077743,
    "exports_cagr_3y_pct": -1.7236616069066013,
    "imports_cagr_3y_pct": -1.7946276917458315,
    "export_partner_hhi": 897.0853649088637,
    "export_product_hhi": 96.5751068492112,
    "momentum_score": -1.2676674587804493,
    "risk_score": 4.968302358790375,
    "gdp_million_usd": 4027597.5235505826,
    "gdp_per_capita_usd": 32487.07780475674,
    "population": 123975371,
    "labor_force": 67182.93,
    "investment_rate_pct": 24.79,
    "savings_rate_pct": 24.61,
    "secondary_education_pct": 95.24,
    "tertiary_education_pct": 46.64,
    "total_factor_productivity": 2283.36,
    "trade_openness_pct": 19.979395999512008,
    "exports_gdp_pct": 10.328691613308246,
    "num_active_partners": 270,
    "num_fta_partners": 48,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 9989.440329218107,
    "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": 17.77777777777778,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.13759291822904723,
    "avg_mfn_tariff_pct": 0.13804069222958484,
    "avg_preferential_tariff_pct": 0.019201928440430494,
    "tariff_advantage_pp": 0.11883876378915435,
    "avg_distance_all_partners_km": 10078.773537545436,
    "num_border_partners": 0,
    "num_colonial_partners": 135,
    "avg_substitution_elasticity": -10.859108559552851,
    "pct_products_high_elasticity": 75.89348283111423,
    "pct_products_low_elasticity": 2.6862882504087833,
    "real_market_potential": 1053545.3175285766,
    "foreign_market_potential": 20680.15785812393
  }
}
```