{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/mac/711610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/711610",
    "exporter": "https://www.yugalinks.com/trade/exporter/mac/711610",
    "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": "711610",
    "exporter_iso3": "MAC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 14,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 823335.8074633051,
    "exports_current_2024_usd": 801827.766892262,
    "exports_avg_3y_usd": 367020.1402410863,
    "exports_avg_5y_usd": 222119.85418359903,
    "exports_avg_10y_usd": 161325.33225090182,
    "exports_cagr_3y_pct": 363.81083919863266,
    "exports_cagr_5y_pct": 99.74137051451122,
    "exports_cagr_10y_pct": 8.188296769708113,
    "exports_all_year_lane_avg_usd": 180750.76890108056,
    "exports_historical_lane_peak_usd": 942857.203781382,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 60.714285714285715,
    "trend_acceleration_pct": 355.62254242892453,
    "trend_label": "Rapid growth",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 800959.0901911169,
    "top_market_share_pct": 97.28218825546641,
    "destination_hhi": 9467.149964926959,
    "weighted_share_latest_pct": 2.542635668661799,
    "weighted_share_change_1y_pp": 2.372667872758838,
    "weighted_volatility_cv": 1.3289926114701884,
    "weighted_max_drawdown_pct": 97.12002628702069,
    "limited_history_lane_share_pct": 71.42857142857143,
    "data_freshness_years": 0,
    "coverage_score": 62,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:20",
    "source": "api",
    "product": {
      "hs_code": 711610,
      "hs_description": "Pearls: articles of natural or cultured pearls",
      "hs_chapter": 71,
      "hs_heading": 7116,
      "substitution_elasticity": -7.512044,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Pearls: articles of natural or cultured pearls",
    "hs_chapter": 71,
    "hs_heading": 7116,
    "destinations": [
      {
        "hs_code": 711610,
        "corridor_rank": 15,
        "exporter_iso3": "MAC",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 800959.0901911169,
        "exports_all_year_avg_usd": 142164.35999617635,
        "exports_avg_3y_usd": 366467.1174150891,
        "exports_avg_5y_usd": 221788.04048800067,
        "exports_avg_10y_usd": 160791.61955770626,
        "exports_cagr_3y_pct": 363.64328565354765,
        "exports_cagr_5y_pct": 105.78422290311065,
        "exports_cagr_10y_pct": 8.176570248722893,
        "exports_historical_peak_usd": 800959.0901911169,
        "buyer_imports_latest_observed_usd": 30826253.568671547,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 71.42857142857143,
        "trend_acceleration_pct": 355.46671540482475,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -44.0783,
        "buyer_yoy_all_avg_pct": 52.0561,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.5983017638092893,
        "market_share_change_1y_pp": 2.4238191677160525,
        "peer_best_share_pct": 63.91376552913509,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 34,
        "buyer_market_hhi": 4307.05,
        "distance_km": 60.770565032958984,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3467190946249175,
        "max_drawdown_pct": 99.65705806473397,
        "attention_level": "Watch",
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MAC",
      "hs_code": 711610,
      "num_markets": 2,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 15259666.666666666,
      "lowest_price_importer_iso3": "CHN",
      "lowest_price_usd_per_ton": 220000,
      "median_price_across_markets": 4510400,
      "price_spread_pct": 333.44418824642304,
      "avg_quantity_metric_tons": 0.010571428571428574,
      "total_trade_value_usd": 349081
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 150892.88436123234,
        "active_destinations": 4,
        "yoy_growth_pct": 274.6291947680221
      },
      {
        "year": 2011,
        "export_value_usd": 177038.0620344185,
        "active_destinations": 2,
        "yoy_growth_pct": 17.32697852775847
      },
      {
        "year": 2012,
        "export_value_usd": 68797.93840565912,
        "active_destinations": 2,
        "yoy_growth_pct": -61.13946480487121
      },
      {
        "year": 2013,
        "export_value_usd": 332736.80782949366,
        "active_destinations": 1,
        "yoy_growth_pct": 383.64357354365677
      },
      {
        "year": 2014,
        "export_value_usd": 364987.7217514139,
        "active_destinations": 1,
        "yoy_growth_pct": 9.692619861415142
      },
      {
        "year": 2015,
        "export_value_usd": 438123.2067340559,
        "active_destinations": 1,
        "yoy_growth_pct": 20.037793225398733
      },
      {
        "year": 2016,
        "export_value_usd": 15562.184808436732,
        "active_destinations": 2,
        "yoy_growth_pct": -96.44798892885784
      },
      {
        "year": 2017,
        "export_value_usd": 10320.6334920065,
        "active_destinations": 1,
        "yoy_growth_pct": -33.68133318651137
      },
      {
        "year": 2018,
        "export_value_usd": 13428.265684141626,
        "active_destinations": 1,
        "yoy_growth_pct": 30.11086668799971
      },
      {
        "year": 2019,
        "export_value_usd": 25219.760872382183,
        "active_destinations": 2,
        "yoy_growth_pct": 87.81100601968245
      },
      {
        "year": 2020,
        "export_value_usd": 1502.508204023339,
        "active_destinations": 1,
        "yoy_growth_pct": -94.04233762712352
      },
      {
        "year": 2021,
        "export_value_usd": 8036.341990712825,
        "active_destinations": 1,
        "yoy_growth_pct": 434.8617710834139
      },
      {
        "year": 2022,
        "export_value_usd": 203050.90885587785,
        "active_destinations": 3,
        "yoy_growth_pct": 2426.6583862475372
      },
      {
        "year": 2023,
        "export_value_usd": 96181.74497511913,
        "active_destinations": 1,
        "yoy_growth_pct": -52.63170920185966
      },
      {
        "year": 2024,
        "export_value_usd": 801827.766892262,
        "active_destinations": 2,
        "yoy_growth_pct": 733.6589932940848
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "MAC",
      "exports_usd": 1956857515.6523132,
      "imports_usd": 14081475906.206528,
      "trade_balance_usd": -12124618390.554214,
      "yoy_exports_growth_pct": -6.2078174663610985,
      "yoy_imports_growth_pct": -10.309303280901915,
      "exports_cagr_3y_pct": 8.804586703198902,
      "imports_cagr_3y_pct": -1.963880697529674,
      "export_partner_hhi": 5946.361245084724,
      "export_product_hhi": 663.4196647009906,
      "momentum_score": -1.7040962154930979,
      "risk_score": 33.04890454892857,
      "gdp_million_usd": 49467.258923324385,
      "gdp_per_capita_usd": 72004.74370207335,
      "population": 687000,
      "labor_force": 394.27,
      "investment_rate_pct": 19.2,
      "savings_rate_pct": 55.24,
      "secondary_education_pct": 85.52,
      "tertiary_education_pct": 21.72,
      "total_factor_productivity": 3761.28,
      "trade_openness_pct": 25.063177681482106,
      "exports_gdp_pct": 3.057990273808216,
      "num_active_partners": 270,
      "num_fta_partners": 2,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 1,
      "num_shared_language_partners": 14,
      "avg_partner_distance_km": 9528.526748971193,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "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": 0.7407407407407408,
      "pct_partners_shared_language": 5.185185185185185,
      "pct_partners_shared_border": 0.3703703703703704,
      "avg_applied_tariff_pct": 0.13414123034620318,
      "avg_mfn_tariff_pct": 0.13831677559095729,
      "avg_preferential_tariff_pct": 0.0437054308222627,
      "tariff_advantage_pp": 0.0946113447686946,
      "avg_distance_all_partners_km": 9675.598765932098,
      "num_border_partners": 20,
      "num_colonial_partners": 20,
      "avg_substitution_elasticity": -7.8553731306143995,
      "pct_products_high_elasticity": 66.07060981201283,
      "pct_products_low_elasticity": 4.034846400733608,
      "real_market_potential": null,
      "foreign_market_potential": null
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "711610",
    "hs_description": "Pearls: articles of natural or cultured pearls",
    "hs_chapter": 71,
    "hs_heading": 7116
  },
  "destinations": [
    {
      "hs_code": 711610,
      "corridor_rank": 15,
      "exporter_iso3": "MAC",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 800959.0901911169,
      "exports_all_year_avg_usd": 142164.35999617635,
      "exports_avg_3y_usd": 366467.1174150891,
      "exports_avg_5y_usd": 221788.04048800067,
      "exports_avg_10y_usd": 160791.61955770626,
      "exports_cagr_3y_pct": 363.64328565354765,
      "exports_cagr_5y_pct": 105.78422290311065,
      "exports_cagr_10y_pct": 8.176570248722893,
      "exports_historical_peak_usd": 800959.0901911169,
      "buyer_imports_latest_observed_usd": 30826253.568671547,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 71.42857142857143,
      "trend_acceleration_pct": 355.46671540482475,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -44.0783,
      "buyer_yoy_all_avg_pct": 52.0561,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 2.5983017638092893,
      "market_share_change_1y_pp": 2.4238191677160525,
      "peer_best_share_pct": 63.91376552913509,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 34,
      "buyer_market_hhi": 4307.05,
      "distance_km": 60.770565032958984,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3467190946249175,
      "max_drawdown_pct": 99.65705806473397,
      "attention_level": "Watch",
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MAC",
    "hs_code": 711610,
    "num_markets": 2,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 15259666.666666666,
    "lowest_price_importer_iso3": "CHN",
    "lowest_price_usd_per_ton": 220000,
    "median_price_across_markets": 4510400,
    "price_spread_pct": 333.44418824642304,
    "avg_quantity_metric_tons": 0.010571428571428574,
    "total_trade_value_usd": 349081
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 150892.88436123234,
      "active_destinations": 4,
      "yoy_growth_pct": 274.6291947680221
    },
    {
      "year": 2011,
      "export_value_usd": 177038.0620344185,
      "active_destinations": 2,
      "yoy_growth_pct": 17.32697852775847
    },
    {
      "year": 2012,
      "export_value_usd": 68797.93840565912,
      "active_destinations": 2,
      "yoy_growth_pct": -61.13946480487121
    },
    {
      "year": 2013,
      "export_value_usd": 332736.80782949366,
      "active_destinations": 1,
      "yoy_growth_pct": 383.64357354365677
    },
    {
      "year": 2014,
      "export_value_usd": 364987.7217514139,
      "active_destinations": 1,
      "yoy_growth_pct": 9.692619861415142
    },
    {
      "year": 2015,
      "export_value_usd": 438123.2067340559,
      "active_destinations": 1,
      "yoy_growth_pct": 20.037793225398733
    },
    {
      "year": 2016,
      "export_value_usd": 15562.184808436732,
      "active_destinations": 2,
      "yoy_growth_pct": -96.44798892885784
    },
    {
      "year": 2017,
      "export_value_usd": 10320.6334920065,
      "active_destinations": 1,
      "yoy_growth_pct": -33.68133318651137
    },
    {
      "year": 2018,
      "export_value_usd": 13428.265684141626,
      "active_destinations": 1,
      "yoy_growth_pct": 30.11086668799971
    },
    {
      "year": 2019,
      "export_value_usd": 25219.760872382183,
      "active_destinations": 2,
      "yoy_growth_pct": 87.81100601968245
    },
    {
      "year": 2020,
      "export_value_usd": 1502.508204023339,
      "active_destinations": 1,
      "yoy_growth_pct": -94.04233762712352
    },
    {
      "year": 2021,
      "export_value_usd": 8036.341990712825,
      "active_destinations": 1,
      "yoy_growth_pct": 434.8617710834139
    },
    {
      "year": 2022,
      "export_value_usd": 203050.90885587785,
      "active_destinations": 3,
      "yoy_growth_pct": 2426.6583862475372
    },
    {
      "year": 2023,
      "export_value_usd": 96181.74497511913,
      "active_destinations": 1,
      "yoy_growth_pct": -52.63170920185966
    },
    {
      "year": 2024,
      "export_value_usd": 801827.766892262,
      "active_destinations": 2,
      "yoy_growth_pct": 733.6589932940848
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "MAC",
    "exports_usd": 1956857515.6523132,
    "imports_usd": 14081475906.206528,
    "trade_balance_usd": -12124618390.554214,
    "yoy_exports_growth_pct": -6.2078174663610985,
    "yoy_imports_growth_pct": -10.309303280901915,
    "exports_cagr_3y_pct": 8.804586703198902,
    "imports_cagr_3y_pct": -1.963880697529674,
    "export_partner_hhi": 5946.361245084724,
    "export_product_hhi": 663.4196647009906,
    "momentum_score": -1.7040962154930979,
    "risk_score": 33.04890454892857,
    "gdp_million_usd": 49467.258923324385,
    "gdp_per_capita_usd": 72004.74370207335,
    "population": 687000,
    "labor_force": 394.27,
    "investment_rate_pct": 19.2,
    "savings_rate_pct": 55.24,
    "secondary_education_pct": 85.52,
    "tertiary_education_pct": 21.72,
    "total_factor_productivity": 3761.28,
    "trade_openness_pct": 25.063177681482106,
    "exports_gdp_pct": 3.057990273808216,
    "num_active_partners": 270,
    "num_fta_partners": 2,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 1,
    "num_shared_language_partners": 14,
    "avg_partner_distance_km": 9528.526748971193,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "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": 0.7407407407407408,
    "pct_partners_shared_language": 5.185185185185185,
    "pct_partners_shared_border": 0.3703703703703704,
    "avg_applied_tariff_pct": 0.13414123034620318,
    "avg_mfn_tariff_pct": 0.13831677559095729,
    "avg_preferential_tariff_pct": 0.0437054308222627,
    "tariff_advantage_pp": 0.0946113447686946,
    "avg_distance_all_partners_km": 9675.598765932098,
    "num_border_partners": 20,
    "num_colonial_partners": 20,
    "avg_substitution_elasticity": -7.8553731306143995,
    "pct_products_high_elasticity": 66.07060981201283,
    "pct_products_low_elasticity": 4.034846400733608,
    "real_market_potential": null,
    "foreign_market_potential": null
  }
}