{
  "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/910129",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910129",
    "exporter": "https://www.yugalinks.com/trade/exporter/mac/910129",
    "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": "910129",
    "exporter_iso3": "MAC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 12,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 21127313.401382025,
    "exports_current_2024_usd": 20866022.087735582,
    "exports_avg_3y_usd": 24631121.87105337,
    "exports_avg_5y_usd": 27569234.711506706,
    "exports_avg_10y_usd": 32059206.17378249,
    "exports_cagr_3y_pct": -21.6257893906998,
    "exports_cagr_5y_pct": -11.89507470229203,
    "exports_cagr_10y_pct": -2.9218056043194163,
    "exports_all_year_lane_avg_usd": 17919500.228349496,
    "exports_historical_lane_peak_usd": 45919594.19487989,
    "historical_peak_year": 2017,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -18.703983786380384,
    "trend_label": "Rapid decline",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 20388341.884216785,
    "top_market_share_pct": 96.50229301224404,
    "destination_hhi": 9318.59451257869,
    "weighted_share_latest_pct": 6.865324055180713,
    "weighted_share_change_1y_pp": -0.7290249849930818,
    "weighted_volatility_cv": 0.9727690164304161,
    "weighted_max_drawdown_pct": 96.15728860517125,
    "limited_history_lane_share_pct": 75,
    "data_freshness_years": 0,
    "coverage_score": 59,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:20",
    "source": "api",
    "product": {
      "hs_code": 910129,
      "hs_description": "Wrist-watches: (not electrically operated), (not 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": -11.675479,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Wrist-watches: (not electrically operated), (not 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": 910129,
        "corridor_rank": 34,
        "exporter_iso3": "MAC",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 20388341.884216785,
        "exports_all_year_avg_usd": 17481672.419496782,
        "exports_avg_3y_usd": 24017936.59630013,
        "exports_avg_5y_usd": 27057583.581283353,
        "exports_avg_10y_usd": 31653260.303694867,
        "exports_cagr_3y_pct": -21.81568589437478,
        "exports_cagr_5y_pct": -12.285177010146242,
        "exports_cagr_10y_pct": -3.0966974416762993,
        "exports_historical_peak_usd": 44422423.918222785,
        "buyer_imports_latest_observed_usd": 286863074.7941061,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 57.89473684210526,
        "trend_acceleration_pct": -18.718988452698483,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -21.0903,
        "buyer_yoy_all_avg_pct": 7.5792,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 7.107342727484313,
        "market_share_change_1y_pp": -0.757520870246922,
        "peer_best_share_pct": 34.49439410008054,
        "peer_top_exporter": "CHE",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 1765.81,
        "distance_km": 60.770565032958984,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9653995379720816,
        "max_drawdown_pct": 97.34686102204464,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MAC",
      "hs_code": 910129,
      "num_markets": 2,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 333447238.6363637,
      "lowest_price_importer_iso3": "CHN",
      "lowest_price_usd_per_ton": 31934500,
      "median_price_across_markets": 262227319.14893618,
      "price_spread_pct": 114.98143656996879,
      "avg_quantity_metric_tons": 0.297,
      "total_trade_value_usd": 100108564
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 444839.6707968353,
        "active_destinations": 4,
        "yoy_growth_pct": 159.33904464078662
      },
      {
        "year": 2011,
        "export_value_usd": 65966.84329674278,
        "active_destinations": 1,
        "yoy_growth_pct": -85.17064739784173
      },
      {
        "year": 2012,
        "export_value_usd": 415326.1326670828,
        "active_destinations": 1,
        "yoy_growth_pct": 529.5983131992466
      },
      {
        "year": 2013,
        "export_value_usd": 4034007.6596335936,
        "active_destinations": 2,
        "yoy_growth_pct": 871.2867412721112
      },
      {
        "year": 2014,
        "export_value_usd": 28068729.93505054,
        "active_destinations": 2,
        "yoy_growth_pct": 595.8025939296309
      },
      {
        "year": 2015,
        "export_value_usd": 18197025.08829553,
        "active_destinations": 2,
        "yoy_growth_pct": -35.169759620750845
      },
      {
        "year": 2016,
        "export_value_usd": 40117131.20442593,
        "active_destinations": 2,
        "yoy_growth_pct": 120.45983346052309
      },
      {
        "year": 2017,
        "export_value_usd": 44500886.413886204,
        "active_destinations": 3,
        "yoy_growth_pct": 10.9273895661229
      },
      {
        "year": 2018,
        "export_value_usd": 40626666.72028878,
        "active_destinations": 2,
        "yoy_growth_pct": -8.705938253824302
      },
      {
        "year": 2019,
        "export_value_usd": 39304178.75339493,
        "active_destinations": 3,
        "yoy_growth_pct": -3.255221443587955
      },
      {
        "year": 2020,
        "export_value_usd": 20609692.568046313,
        "active_destinations": 2,
        "yoy_growth_pct": -47.56360971855662
      },
      {
        "year": 2021,
        "export_value_usd": 43343115.376327105,
        "active_destinations": 3,
        "yoy_growth_pct": 110.30452168669005
      },
      {
        "year": 2022,
        "export_value_usd": 23308154.43765285,
        "active_destinations": 5,
        "yoy_growth_pct": -46.22409064212499
      },
      {
        "year": 2023,
        "export_value_usd": 29719189.087771688,
        "active_destinations": 5,
        "yoy_growth_pct": 27.505543895668627
      },
      {
        "year": 2024,
        "export_value_usd": 20866022.087735582,
        "active_destinations": 2,
        "yoy_growth_pct": -29.789396251322504
      }
    ],
    "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": "910129",
    "hs_description": "Wrist-watches: (not electrically operated), (not 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": 910129,
      "corridor_rank": 34,
      "exporter_iso3": "MAC",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 20,
      "exports_latest_observed_usd": 20388341.884216785,
      "exports_all_year_avg_usd": 17481672.419496782,
      "exports_avg_3y_usd": 24017936.59630013,
      "exports_avg_5y_usd": 27057583.581283353,
      "exports_avg_10y_usd": 31653260.303694867,
      "exports_cagr_3y_pct": -21.81568589437478,
      "exports_cagr_5y_pct": -12.285177010146242,
      "exports_cagr_10y_pct": -3.0966974416762993,
      "exports_historical_peak_usd": 44422423.918222785,
      "buyer_imports_latest_observed_usd": 286863074.7941061,
      "historical_peak_year": 2017,
      "positive_growth_year_share_pct": 57.89473684210526,
      "trend_acceleration_pct": -18.718988452698483,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -21.0903,
      "buyer_yoy_all_avg_pct": 7.5792,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 7.107342727484313,
      "market_share_change_1y_pp": -0.757520870246922,
      "peer_best_share_pct": 34.49439410008054,
      "peer_top_exporter": "CHE",
      "supplier_count_latest": 41,
      "buyer_market_hhi": 1765.81,
      "distance_km": 60.770565032958984,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9653995379720816,
      "max_drawdown_pct": 97.34686102204464,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MAC",
    "hs_code": 910129,
    "num_markets": 2,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 333447238.6363637,
    "lowest_price_importer_iso3": "CHN",
    "lowest_price_usd_per_ton": 31934500,
    "median_price_across_markets": 262227319.14893618,
    "price_spread_pct": 114.98143656996879,
    "avg_quantity_metric_tons": 0.297,
    "total_trade_value_usd": 100108564
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 444839.6707968353,
      "active_destinations": 4,
      "yoy_growth_pct": 159.33904464078662
    },
    {
      "year": 2011,
      "export_value_usd": 65966.84329674278,
      "active_destinations": 1,
      "yoy_growth_pct": -85.17064739784173
    },
    {
      "year": 2012,
      "export_value_usd": 415326.1326670828,
      "active_destinations": 1,
      "yoy_growth_pct": 529.5983131992466
    },
    {
      "year": 2013,
      "export_value_usd": 4034007.6596335936,
      "active_destinations": 2,
      "yoy_growth_pct": 871.2867412721112
    },
    {
      "year": 2014,
      "export_value_usd": 28068729.93505054,
      "active_destinations": 2,
      "yoy_growth_pct": 595.8025939296309
    },
    {
      "year": 2015,
      "export_value_usd": 18197025.08829553,
      "active_destinations": 2,
      "yoy_growth_pct": -35.169759620750845
    },
    {
      "year": 2016,
      "export_value_usd": 40117131.20442593,
      "active_destinations": 2,
      "yoy_growth_pct": 120.45983346052309
    },
    {
      "year": 2017,
      "export_value_usd": 44500886.413886204,
      "active_destinations": 3,
      "yoy_growth_pct": 10.9273895661229
    },
    {
      "year": 2018,
      "export_value_usd": 40626666.72028878,
      "active_destinations": 2,
      "yoy_growth_pct": -8.705938253824302
    },
    {
      "year": 2019,
      "export_value_usd": 39304178.75339493,
      "active_destinations": 3,
      "yoy_growth_pct": -3.255221443587955
    },
    {
      "year": 2020,
      "export_value_usd": 20609692.568046313,
      "active_destinations": 2,
      "yoy_growth_pct": -47.56360971855662
    },
    {
      "year": 2021,
      "export_value_usd": 43343115.376327105,
      "active_destinations": 3,
      "yoy_growth_pct": 110.30452168669005
    },
    {
      "year": 2022,
      "export_value_usd": 23308154.43765285,
      "active_destinations": 5,
      "yoy_growth_pct": -46.22409064212499
    },
    {
      "year": 2023,
      "export_value_usd": 29719189.087771688,
      "active_destinations": 5,
      "yoy_growth_pct": 27.505543895668627
    },
    {
      "year": 2024,
      "export_value_usd": 20866022.087735582,
      "active_destinations": 2,
      "yoy_growth_pct": -29.789396251322504
    }
  ],
  "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
  }
}