{
  "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/920290",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920290",
    "exporter": "https://www.yugalinks.com/trade/exporter/jpn/920290",
    "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": "920290",
    "exporter_iso3": "JPN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 171,
    "current_lane_count": 95,
    "active_market_count": 95,
    "exports_latest_observed_lanes_usd": 13223219.672049172,
    "exports_current_2024_usd": 13112114.89296541,
    "exports_avg_3y_usd": 13468729.587688575,
    "exports_avg_5y_usd": 12764603.988646692,
    "exports_avg_10y_usd": 10542785.704553507,
    "exports_cagr_3y_pct": -0.016550695565054063,
    "exports_cagr_5y_pct": 5.897240070515286,
    "exports_cagr_10y_pct": 10.334241861366579,
    "exports_all_year_lane_avg_usd": 10564420.777925711,
    "exports_historical_lane_peak_usd": 30228833.772659343,
    "historical_peak_year": 2004,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -10.350792556931633,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 3670935.8213821743,
    "top_market_share_pct": 27.761285922986545,
    "destination_hhi": 1099.0311185948117,
    "weighted_share_latest_pct": 3.70237581251089,
    "weighted_share_change_1y_pp": -0.013109748857630284,
    "weighted_volatility_cv": 0.7474948144316698,
    "weighted_max_drawdown_pct": 87.55214265416411,
    "limited_history_lane_share_pct": 22.22222222222222,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:06",
    "source": "api",
    "product": {
      "hs_code": 920290,
      "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
      "hs_chapter": 92,
      "hs_heading": 9202,
      "substitution_elasticity": -6.159667,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
    "hs_chapter": 92,
    "hs_heading": 9202,
    "destinations": [
      {
        "hs_code": 920290,
        "corridor_rank": 34,
        "exporter_iso3": "JPN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 3670935.8213821743,
        "exports_all_year_avg_usd": 3191798.7890966716,
        "exports_avg_3y_usd": 2969743.9740653764,
        "exports_avg_5y_usd": 2895013.2309045936,
        "exports_avg_10y_usd": 2294699.272127305,
        "exports_cagr_3y_pct": 6.080119039340781,
        "exports_cagr_5y_pct": 5.36636911316386,
        "exports_cagr_10y_pct": 23.89428101282265,
        "exports_historical_peak_usd": 6849447.641333242,
        "buyer_imports_latest_observed_usd": 178620589.19900548,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -17.814161973481866,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 22.8616,
        "buyer_yoy_all_avg_pct": 5.0295,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 2.0551582758985836,
        "market_share_change_1y_pp": 0.3480351750564781,
        "peer_best_share_pct": 45.554765157995554,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 89,
        "buyer_market_hhi": 3047.21,
        "distance_km": 10855.5869140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04673181352585858,
        "tariff_advantage_pp": 0.02445433962268399,
        "volatility_cv": 0.4790524035546902,
        "max_drawdown_pct": 93.710608280339,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','long_distance_without_fta']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 79,
        "exporter_iso3": "JPN",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1205354.0541278583,
        "exports_all_year_avg_usd": 393828.90212806955,
        "exports_avg_3y_usd": 1798473.0641891435,
        "exports_avg_5y_usd": 1781558.0225167945,
        "exports_avg_10y_usd": 1069680.2309288462,
        "exports_cagr_3y_pct": -15.410961455120686,
        "exports_cagr_5y_pct": 18.770094481451615,
        "exports_cagr_10y_pct": 20.55642376549529,
        "exports_historical_peak_usd": 2106945.789020719,
        "buyer_imports_latest_observed_usd": 23504875.22099579,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -35.967385220615974,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -14.3202,
        "buyer_yoy_all_avg_pct": 23.1664,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 5.128102331090754,
        "market_share_change_1y_pp": -2.4652703586475093,
        "peer_best_share_pct": 47.34422484874278,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 2696.48,
        "distance_km": 2098.11083984375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.3018987556787879,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6584306394879162,
        "max_drawdown_pct": 84.4550145588119,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920290,
        "corridor_rank": 82,
        "exporter_iso3": "JPN",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1058193.4352326936,
        "exports_all_year_avg_usd": 984092.2642562077,
        "exports_avg_3y_usd": 1187813.1763719218,
        "exports_avg_5y_usd": 1326909.644730875,
        "exports_avg_10y_usd": 1304238.6483608792,
        "exports_cagr_3y_pct": -13.612434828223153,
        "exports_cagr_5y_pct": -8.239181666310348,
        "exports_cagr_10y_pct": 10.468855910688113,
        "exports_historical_peak_usd": 1641388.4085071287,
        "buyer_imports_latest_observed_usd": 58797404.60257692,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": -24.081290738911264,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -5.9139,
        "buyer_yoy_all_avg_pct": 4.7352,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.7997281383170374,
        "market_share_change_1y_pp": -0.3261729679832812,
        "peer_best_share_pct": 30.72006737979886,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 87,
        "buyer_market_hhi": 1535.72,
        "distance_km": 9298.3408203125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.05810896250308642,
        "tariff_advantage_pp": 0.055780251220493834,
        "volatility_cv": 0.3557475761280154,
        "max_drawdown_pct": 73.2989084429248,
        "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": 920290,
        "corridor_rank": 93,
        "exporter_iso3": "JPN",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 823345.5907014478,
        "exports_all_year_avg_usd": 911993.0189746697,
        "exports_avg_3y_usd": 986494.0311322245,
        "exports_avg_5y_usd": 940866.0053888913,
        "exports_avg_10y_usd": 686131.5810623473,
        "exports_cagr_3y_pct": -9.76201302851778,
        "exports_cagr_5y_pct": 15.518964957372017,
        "exports_cagr_10y_pct": 12.546029384650726,
        "exports_historical_peak_usd": 2342456.762964812,
        "buyer_imports_latest_observed_usd": 37211421.455772236,
        "historical_peak_year": 2000,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -22.308042413168508,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 5.444,
        "buyer_yoy_all_avg_pct": 4.304,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 2.2126152629778946,
        "market_share_change_1y_pp": -0.12787993594168023,
        "peer_best_share_pct": 31.54828357148193,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 70,
        "buyer_market_hhi": 1994.58,
        "distance_km": 9574.2373046875,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6148652020050476,
        "max_drawdown_pct": 95.24935521785032,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "JPN",
      "hs_code": 920290,
      "num_markets": 117,
      "highest_price_importer_iso3": "MKD",
      "highest_price_usd_per_ton": 1146000,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 99.63636363636364,
      "median_price_across_markets": 61476.12903225806,
      "price_spread_pct": 1863.9761183321757,
      "avg_quantity_metric_tons": 2.4395704225352115,
      "total_trade_value_usd": 54125298
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 7927465.3868632885,
        "active_destinations": 93,
        "yoy_growth_pct": -14.073804821430363
      },
      {
        "year": 2011,
        "export_value_usd": 8541077.66864839,
        "active_destinations": 94,
        "yoy_growth_pct": 7.740333786911602
      },
      {
        "year": 2012,
        "export_value_usd": 7432402.642650412,
        "active_destinations": 90,
        "yoy_growth_pct": -12.980505142431559
      },
      {
        "year": 2013,
        "export_value_usd": 6346078.287782071,
        "active_destinations": 98,
        "yoy_growth_pct": -14.616058993286124
      },
      {
        "year": 2014,
        "export_value_usd": 4904216.047525942,
        "active_destinations": 99,
        "yoy_growth_pct": -22.720523997192192
      },
      {
        "year": 2015,
        "export_value_usd": 6766324.517956769,
        "active_destinations": 93,
        "yoy_growth_pct": 37.96954400836837
      },
      {
        "year": 2016,
        "export_value_usd": 7815441.824251278,
        "active_destinations": 96,
        "yoy_growth_pct": 15.504980636242255
      },
      {
        "year": 2017,
        "export_value_usd": 8122737.309578115,
        "active_destinations": 97,
        "yoy_growth_pct": 3.931901640842625
      },
      {
        "year": 2018,
        "export_value_usd": 9054566.804025527,
        "active_destinations": 91,
        "yoy_growth_pct": 11.47186544305235
      },
      {
        "year": 2019,
        "export_value_usd": 9845766.646489913,
        "active_destinations": 88,
        "yoy_growth_pct": 8.738130267177771
      },
      {
        "year": 2020,
        "export_value_usd": 10298203.692907743,
        "active_destinations": 91,
        "yoy_growth_pct": 4.595244460512657
      },
      {
        "year": 2021,
        "export_value_usd": 13118627.48726,
        "active_destinations": 95,
        "yoy_growth_pct": 27.387531636169243
      },
      {
        "year": 2022,
        "export_value_usd": 14377513.787860297,
        "active_destinations": 96,
        "yoy_growth_pct": 9.59617385144024
      },
      {
        "year": 2023,
        "export_value_usd": 12916560.082240032,
        "active_destinations": 94,
        "yoy_growth_pct": -10.161379270272903
      },
      {
        "year": 2024,
        "export_value_usd": 13112114.89296541,
        "active_destinations": 95,
        "yoy_growth_pct": 1.5139852211446077
      }
    ],
    "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": "920290",
    "hs_description": "Musical instruments: string, played other than with a bow (e.g. guitars and harps)",
    "hs_chapter": 92,
    "hs_heading": 9202
  },
  "destinations": [
    {
      "hs_code": 920290,
      "corridor_rank": 34,
      "exporter_iso3": "JPN",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 3670935.8213821743,
      "exports_all_year_avg_usd": 3191798.7890966716,
      "exports_avg_3y_usd": 2969743.9740653764,
      "exports_avg_5y_usd": 2895013.2309045936,
      "exports_avg_10y_usd": 2294699.272127305,
      "exports_cagr_3y_pct": 6.080119039340781,
      "exports_cagr_5y_pct": 5.36636911316386,
      "exports_cagr_10y_pct": 23.89428101282265,
      "exports_historical_peak_usd": 6849447.641333242,
      "buyer_imports_latest_observed_usd": 178620589.19900548,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 44.827586206896555,
      "trend_acceleration_pct": -17.814161973481866,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 22.8616,
      "buyer_yoy_all_avg_pct": 5.0295,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 2.0551582758985836,
      "market_share_change_1y_pp": 0.3480351750564781,
      "peer_best_share_pct": 45.554765157995554,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 89,
      "buyer_market_hhi": 3047.21,
      "distance_km": 10855.5869140625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.04673181352585858,
      "tariff_advantage_pp": 0.02445433962268399,
      "volatility_cv": 0.4790524035546902,
      "max_drawdown_pct": 93.710608280339,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','long_distance_without_fta']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920290,
      "corridor_rank": 79,
      "exporter_iso3": "JPN",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1205354.0541278583,
      "exports_all_year_avg_usd": 393828.90212806955,
      "exports_avg_3y_usd": 1798473.0641891435,
      "exports_avg_5y_usd": 1781558.0225167945,
      "exports_avg_10y_usd": 1069680.2309288462,
      "exports_cagr_3y_pct": -15.410961455120686,
      "exports_cagr_5y_pct": 18.770094481451615,
      "exports_cagr_10y_pct": 20.55642376549529,
      "exports_historical_peak_usd": 2106945.789020719,
      "buyer_imports_latest_observed_usd": 23504875.22099579,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -35.967385220615974,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -14.3202,
      "buyer_yoy_all_avg_pct": 23.1664,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 5.128102331090754,
      "market_share_change_1y_pp": -2.4652703586475093,
      "peer_best_share_pct": 47.34422484874278,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 2696.48,
      "distance_km": 2098.11083984375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.3018987556787879,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6584306394879162,
      "max_drawdown_pct": 84.4550145588119,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920290,
      "corridor_rank": 82,
      "exporter_iso3": "JPN",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 1058193.4352326936,
      "exports_all_year_avg_usd": 984092.2642562077,
      "exports_avg_3y_usd": 1187813.1763719218,
      "exports_avg_5y_usd": 1326909.644730875,
      "exports_avg_10y_usd": 1304238.6483608792,
      "exports_cagr_3y_pct": -13.612434828223153,
      "exports_cagr_5y_pct": -8.239181666310348,
      "exports_cagr_10y_pct": 10.468855910688113,
      "exports_historical_peak_usd": 1641388.4085071287,
      "buyer_imports_latest_observed_usd": 58797404.60257692,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": -24.081290738911264,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -5.9139,
      "buyer_yoy_all_avg_pct": 4.7352,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.7997281383170374,
      "market_share_change_1y_pp": -0.3261729679832812,
      "peer_best_share_pct": 30.72006737979886,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 87,
      "buyer_market_hhi": 1535.72,
      "distance_km": 9298.3408203125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.05810896250308642,
      "tariff_advantage_pp": 0.055780251220493834,
      "volatility_cv": 0.3557475761280154,
      "max_drawdown_pct": 73.2989084429248,
      "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": 920290,
      "corridor_rank": 93,
      "exporter_iso3": "JPN",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 823345.5907014478,
      "exports_all_year_avg_usd": 911993.0189746697,
      "exports_avg_3y_usd": 986494.0311322245,
      "exports_avg_5y_usd": 940866.0053888913,
      "exports_avg_10y_usd": 686131.5810623473,
      "exports_cagr_3y_pct": -9.76201302851778,
      "exports_cagr_5y_pct": 15.518964957372017,
      "exports_cagr_10y_pct": 12.546029384650726,
      "exports_historical_peak_usd": 2342456.762964812,
      "buyer_imports_latest_observed_usd": 37211421.455772236,
      "historical_peak_year": 2000,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -22.308042413168508,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 5.444,
      "buyer_yoy_all_avg_pct": 4.304,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 2.2126152629778946,
      "market_share_change_1y_pp": -0.12787993594168023,
      "peer_best_share_pct": 31.54828357148193,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 70,
      "buyer_market_hhi": 1994.58,
      "distance_km": 9574.2373046875,
      "has_reported_fta": 1,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.6148652020050476,
      "max_drawdown_pct": 95.24935521785032,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "JPN",
    "hs_code": 920290,
    "num_markets": 117,
    "highest_price_importer_iso3": "MKD",
    "highest_price_usd_per_ton": 1146000,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 99.63636363636364,
    "median_price_across_markets": 61476.12903225806,
    "price_spread_pct": 1863.9761183321757,
    "avg_quantity_metric_tons": 2.4395704225352115,
    "total_trade_value_usd": 54125298
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 7927465.3868632885,
      "active_destinations": 93,
      "yoy_growth_pct": -14.073804821430363
    },
    {
      "year": 2011,
      "export_value_usd": 8541077.66864839,
      "active_destinations": 94,
      "yoy_growth_pct": 7.740333786911602
    },
    {
      "year": 2012,
      "export_value_usd": 7432402.642650412,
      "active_destinations": 90,
      "yoy_growth_pct": -12.980505142431559
    },
    {
      "year": 2013,
      "export_value_usd": 6346078.287782071,
      "active_destinations": 98,
      "yoy_growth_pct": -14.616058993286124
    },
    {
      "year": 2014,
      "export_value_usd": 4904216.047525942,
      "active_destinations": 99,
      "yoy_growth_pct": -22.720523997192192
    },
    {
      "year": 2015,
      "export_value_usd": 6766324.517956769,
      "active_destinations": 93,
      "yoy_growth_pct": 37.96954400836837
    },
    {
      "year": 2016,
      "export_value_usd": 7815441.824251278,
      "active_destinations": 96,
      "yoy_growth_pct": 15.504980636242255
    },
    {
      "year": 2017,
      "export_value_usd": 8122737.309578115,
      "active_destinations": 97,
      "yoy_growth_pct": 3.931901640842625
    },
    {
      "year": 2018,
      "export_value_usd": 9054566.804025527,
      "active_destinations": 91,
      "yoy_growth_pct": 11.47186544305235
    },
    {
      "year": 2019,
      "export_value_usd": 9845766.646489913,
      "active_destinations": 88,
      "yoy_growth_pct": 8.738130267177771
    },
    {
      "year": 2020,
      "export_value_usd": 10298203.692907743,
      "active_destinations": 91,
      "yoy_growth_pct": 4.595244460512657
    },
    {
      "year": 2021,
      "export_value_usd": 13118627.48726,
      "active_destinations": 95,
      "yoy_growth_pct": 27.387531636169243
    },
    {
      "year": 2022,
      "export_value_usd": 14377513.787860297,
      "active_destinations": 96,
      "yoy_growth_pct": 9.59617385144024
    },
    {
      "year": 2023,
      "export_value_usd": 12916560.082240032,
      "active_destinations": 94,
      "yoy_growth_pct": -10.161379270272903
    },
    {
      "year": 2024,
      "export_value_usd": 13112114.89296541,
      "active_destinations": 95,
      "yoy_growth_pct": 1.5139852211446077
    }
  ],
  "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
  }
}