{
  "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/910121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910121",
    "exporter": "https://www.yugalinks.com/trade/exporter/mac/910121",
    "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": "910121",
    "exporter_iso3": "MAC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 17,
    "current_lane_count": 4,
    "active_market_count": 4,
    "exports_latest_observed_lanes_usd": 69070667.2942969,
    "exports_current_2024_usd": 68693945.29262194,
    "exports_avg_3y_usd": 83360662.66469736,
    "exports_avg_5y_usd": 87384247.65632029,
    "exports_avg_10y_usd": 85915958.19674638,
    "exports_cagr_3y_pct": -13.348580966981139,
    "exports_cagr_5y_pct": -4.179016009836756,
    "exports_cagr_10y_pct": 5.006454256715132,
    "exports_all_year_lane_avg_usd": 46435788.24997725,
    "exports_historical_lane_peak_usd": 106871468.10018621,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -18.35503522369627,
    "trend_label": "Rapid decline",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 68536740.81643014,
    "top_market_share_pct": 99.22698520402038,
    "destination_hhi": 9846.201237085408,
    "weighted_share_latest_pct": 4.795882317426855,
    "weighted_share_change_1y_pp": -0.44924801909063183,
    "weighted_volatility_cv": 0.8738490892918936,
    "weighted_max_drawdown_pct": 35.1122631359232,
    "limited_history_lane_share_pct": 76.47058823529412,
    "data_freshness_years": 0,
    "coverage_score": 67.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:20",
    "source": "api",
    "product": {
      "hs_code": 910121,
      "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
      "hs_chapter": 91,
      "hs_heading": 9101,
      "substitution_elasticity": -12.312179,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
    "hs_chapter": 91,
    "hs_heading": 9101,
    "destinations": [
      {
        "hs_code": 910121,
        "corridor_rank": 30,
        "exporter_iso3": "MAC",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 68536740.81643014,
        "exports_all_year_avg_usd": 45962461.96203554,
        "exports_avg_3y_usd": 83048016.2516795,
        "exports_avg_5y_usd": 87046717.40554196,
        "exports_avg_10y_usd": 85454862.57783888,
        "exports_cagr_3y_pct": -13.28237253849841,
        "exports_cagr_5y_pct": -4.182193730645089,
        "exports_cagr_10y_pct": 5.066674500060997,
        "exports_historical_peak_usd": 105099653.98147433,
        "buyer_imports_latest_observed_usd": 1418100501.8824594,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 70,
        "trend_acceleration_pct": -18.34904703855941,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -11.6555,
        "buyer_yoy_all_avg_pct": 9.747,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 4.83299602006,
        "market_share_change_1y_pp": -0.4529080188483583,
        "peer_best_share_pct": 20.46557632521701,
        "peer_top_exporter": "CHE",
        "supplier_count_latest": 56,
        "buyer_market_hhi": 1112.11,
        "distance_km": 60.770565032958984,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.870925204707647,
        "max_drawdown_pct": 34.78880451070662,
        "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": "MAC",
      "hs_code": 910121,
      "num_markets": 7,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 543101000,
      "lowest_price_importer_iso3": "PRT",
      "lowest_price_usd_per_ton": 131500,
      "median_price_across_markets": 58845182.93471235,
      "price_spread_pct": 922.7084918784511,
      "avg_quantity_metric_tons": 0.6558461538461539,
      "total_trade_value_usd": 403691378
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 6160248.697160592,
        "active_destinations": 3,
        "yoy_growth_pct": 2.7243143917801977
      },
      {
        "year": 2011,
        "export_value_usd": 10794863.194308948,
        "active_destinations": 1,
        "yoy_growth_pct": 75.23421090587725
      },
      {
        "year": 2012,
        "export_value_usd": 15576885.508762572,
        "active_destinations": 3,
        "yoy_growth_pct": 44.2990543592503
      },
      {
        "year": 2013,
        "export_value_usd": 28750999.094002347,
        "active_destinations": 3,
        "yoy_growth_pct": 84.57476032566878
      },
      {
        "year": 2014,
        "export_value_usd": 42146209.38536521,
        "active_destinations": 3,
        "yoy_growth_pct": 46.59041672801275
      },
      {
        "year": 2015,
        "export_value_usd": 57103127.69530673,
        "active_destinations": 4,
        "yoy_growth_pct": 35.48816970271861
      },
      {
        "year": 2016,
        "export_value_usd": 92960347.83373941,
        "active_destinations": 2,
        "yoy_growth_pct": 62.793793590013394
      },
      {
        "year": 2017,
        "export_value_usd": 84853819.1723667,
        "active_destinations": 2,
        "yoy_growth_pct": -8.720415586085515
      },
      {
        "year": 2018,
        "export_value_usd": 102282600.44757567,
        "active_destinations": 6,
        "yoy_growth_pct": 20.53977233459021
      },
      {
        "year": 2019,
        "export_value_usd": 85038448.53687371,
        "active_destinations": 4,
        "yoy_growth_pct": -16.85932097467579
      },
      {
        "year": 2020,
        "export_value_usd": 81256876.45906928,
        "active_destinations": 3,
        "yoy_growth_pct": -4.446896836511187
      },
      {
        "year": 2021,
        "export_value_usd": 105582373.82844004,
        "active_destinations": 4,
        "yoy_growth_pct": 29.936540055934834
      },
      {
        "year": 2022,
        "export_value_usd": 96087779.28198634,
        "active_destinations": 8,
        "yoy_growth_pct": -8.99259431491983
      },
      {
        "year": 2023,
        "export_value_usd": 85300263.4194838,
        "active_destinations": 7,
        "yoy_growth_pct": -11.226730332527197
      },
      {
        "year": 2024,
        "export_value_usd": 68693945.29262194,
        "active_destinations": 4,
        "yoy_growth_pct": -19.468073674282156
      }
    ],
    "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": "910121",
    "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
    "hs_chapter": 91,
    "hs_heading": 9101
  },
  "destinations": [
    {
      "hs_code": 910121,
      "corridor_rank": 30,
      "exporter_iso3": "MAC",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 68536740.81643014,
      "exports_all_year_avg_usd": 45962461.96203554,
      "exports_avg_3y_usd": 83048016.2516795,
      "exports_avg_5y_usd": 87046717.40554196,
      "exports_avg_10y_usd": 85454862.57783888,
      "exports_cagr_3y_pct": -13.28237253849841,
      "exports_cagr_5y_pct": -4.182193730645089,
      "exports_cagr_10y_pct": 5.066674500060997,
      "exports_historical_peak_usd": 105099653.98147433,
      "buyer_imports_latest_observed_usd": 1418100501.8824594,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 70,
      "trend_acceleration_pct": -18.34904703855941,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -11.6555,
      "buyer_yoy_all_avg_pct": 9.747,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 4.83299602006,
      "market_share_change_1y_pp": -0.4529080188483583,
      "peer_best_share_pct": 20.46557632521701,
      "peer_top_exporter": "CHE",
      "supplier_count_latest": 56,
      "buyer_market_hhi": 1112.11,
      "distance_km": 60.770565032958984,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.870925204707647,
      "max_drawdown_pct": 34.78880451070662,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MAC",
    "hs_code": 910121,
    "num_markets": 7,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 543101000,
    "lowest_price_importer_iso3": "PRT",
    "lowest_price_usd_per_ton": 131500,
    "median_price_across_markets": 58845182.93471235,
    "price_spread_pct": 922.7084918784511,
    "avg_quantity_metric_tons": 0.6558461538461539,
    "total_trade_value_usd": 403691378
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 6160248.697160592,
      "active_destinations": 3,
      "yoy_growth_pct": 2.7243143917801977
    },
    {
      "year": 2011,
      "export_value_usd": 10794863.194308948,
      "active_destinations": 1,
      "yoy_growth_pct": 75.23421090587725
    },
    {
      "year": 2012,
      "export_value_usd": 15576885.508762572,
      "active_destinations": 3,
      "yoy_growth_pct": 44.2990543592503
    },
    {
      "year": 2013,
      "export_value_usd": 28750999.094002347,
      "active_destinations": 3,
      "yoy_growth_pct": 84.57476032566878
    },
    {
      "year": 2014,
      "export_value_usd": 42146209.38536521,
      "active_destinations": 3,
      "yoy_growth_pct": 46.59041672801275
    },
    {
      "year": 2015,
      "export_value_usd": 57103127.69530673,
      "active_destinations": 4,
      "yoy_growth_pct": 35.48816970271861
    },
    {
      "year": 2016,
      "export_value_usd": 92960347.83373941,
      "active_destinations": 2,
      "yoy_growth_pct": 62.793793590013394
    },
    {
      "year": 2017,
      "export_value_usd": 84853819.1723667,
      "active_destinations": 2,
      "yoy_growth_pct": -8.720415586085515
    },
    {
      "year": 2018,
      "export_value_usd": 102282600.44757567,
      "active_destinations": 6,
      "yoy_growth_pct": 20.53977233459021
    },
    {
      "year": 2019,
      "export_value_usd": 85038448.53687371,
      "active_destinations": 4,
      "yoy_growth_pct": -16.85932097467579
    },
    {
      "year": 2020,
      "export_value_usd": 81256876.45906928,
      "active_destinations": 3,
      "yoy_growth_pct": -4.446896836511187
    },
    {
      "year": 2021,
      "export_value_usd": 105582373.82844004,
      "active_destinations": 4,
      "yoy_growth_pct": 29.936540055934834
    },
    {
      "year": 2022,
      "export_value_usd": 96087779.28198634,
      "active_destinations": 8,
      "yoy_growth_pct": -8.99259431491983
    },
    {
      "year": 2023,
      "export_value_usd": 85300263.4194838,
      "active_destinations": 7,
      "yoy_growth_pct": -11.226730332527197
    },
    {
      "year": 2024,
      "export_value_usd": 68693945.29262194,
      "active_destinations": 4,
      "yoy_growth_pct": -19.468073674282156
    }
  ],
  "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
  }
}