# China, Macao SAR HS 910511 exports | Yugalinks

Explore reported HS 910511 exports from China, Macao SAR: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | China, Macao SAR |
| HS6 | 910511 |
| Latest exports | $363.3K |
| Active destinations | 2 |
| Three-year growth | +297.7% |
| Destination HHI | 2,739 |
| Weighted share | 0.5% |

## Destination markets

- France: $138.7K; share 0.8%; growth +0%
- United Kingdom: $94.1K; share 0.5%; growth +220.5%
- Germany: $80.0K; share 0.3%; growth +59.5%
- Netherlands: $40.6K; share 0.3%; growth +0%

## Price intelligence

- Highest reported market price: China at $99.8K / ton.
- Lowest reported market price: Not reported at $11.0K / ton.
- Median reported price: $31.4K / ton.
- Price spread: 282.5%.

## Export history

- 2007: $247.6K
- 2008: $12.4K
- 2009: $75.7K
- 2010: $4.7K
- 2011: $847.7
- 2013: $17.7K
- 2014: $10.7K
- 2016: $2.5K
- 2017: $30.7K
- 2019: $4.9K
- 2020: $1.4K
- 2021: $1.3K
- 2022: $244.4K
- 2023: $73.5K
- 2024: $80.0K

## 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/mac/910511",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910511",
    "exporter": "https://www.yugalinks.com/trade/exporter/mac/910511",
    "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": "910511",
    "exporter_iso3": "MAC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 15,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 363277.14862082415,
    "exports_current_2024_usd": 80005.8243181254,
    "exports_avg_3y_usd": 132605.69058610438,
    "exports_avg_5y_usd": 80105.57851456148,
    "exports_avg_10y_usd": 54822.02854865991,
    "exports_cagr_3y_pct": 297.6662895828435,
    "exports_cagr_5y_pct": 74.96823821132746,
    "exports_cagr_10y_pct": 22.323645928591397,
    "exports_all_year_lane_avg_usd": 309703.7423364473,
    "exports_historical_lane_peak_usd": 538843.6020020612,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 40,
    "trend_acceleration_pct": 275.3426436542521,
    "trend_label": "Rapid growth",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 138670.85215204253,
    "top_market_share_pct": 38.17219240970818,
    "destination_hhi": 2739.071342877594,
    "weighted_share_latest_pct": 0.5384738185261776,
    "weighted_share_change_1y_pp": 0.4727819741199465,
    "weighted_volatility_cv": 0.46944351158365244,
    "weighted_max_drawdown_pct": 20.698390585228392,
    "limited_history_lane_share_pct": 73.33333333333333,
    "data_freshness_years": 0,
    "coverage_score": 63.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:20",
    "source": "api",
    "product": {
      "hs_code": 910511,
      "hs_description": "Clocks: (excluding those with watch movements and instrument panel clocks), alarm clocks, electrically operated",
      "hs_chapter": 91,
      "hs_heading": 9105,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Clocks: (excluding those with watch movements and instrument panel clocks), alarm clocks, electrically operated",
    "hs_chapter": 91,
    "hs_heading": 9105,
    "destinations": [
      {
        "hs_code": 910511,
        "corridor_rank": 32,
        "exporter_iso3": "MAC",
        "importer_iso3": "FRA",
        "latest_data_year": 2007,
        "lane_data_years": 1,
        "exports_latest_observed_usd": 138670.85215204253,
        "exports_all_year_avg_usd": 138670.85215204253,
        "exports_avg_3y_usd": 138670.85215204253,
        "exports_avg_5y_usd": 138670.85215204253,
        "exports_avg_10y_usd": 138670.85215204253,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 138670.85215204253,
        "buyer_imports_latest_observed_usd": 12522099.870476047,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": null,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": -21.2188,
        "buyer_yoy_all_avg_pct": -0.6747,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 0.8301944117292644,
        "market_share_change_1y_pp": 0.8301944117292644,
        "peer_best_share_pct": 73.37070607744047,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 5594.88,
        "distance_km": 9601.9228515625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019247239075767683,
        "tariff_advantage_pp": 0.04281276410541664,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "Buyer demand is declining in both recent and longer-term observations",
        "risk_driver_labels": "['declining_buyer_demand','concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 910511,
        "corridor_rank": 39,
        "exporter_iso3": "MAC",
        "importer_iso3": "GBR",
        "latest_data_year": 2004,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 94053.51439963507,
        "exports_all_year_avg_usd": 48455.83551317676,
        "exports_avg_3y_usd": 94053.51439963507,
        "exports_avg_5y_usd": 94053.51439963507,
        "exports_avg_10y_usd": 48455.83551317676,
        "exports_cagr_3y_pct": 220.45201089412134,
        "exports_cagr_5y_pct": 101.12117644349503,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 94053.51439963507,
        "buyer_imports_latest_observed_usd": 12179199.784565775,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.5485,
        "buyer_yoy_all_avg_pct": -1.3143,
        "buyer_trend_consistency_pct": 31.0345,
        "market_share_latest_pct": 0.4627881991136351,
        "market_share_change_1y_pp": 0.44872614948439976,
        "peer_best_share_pct": 89.70543868117335,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 8097.02,
        "distance_km": 9603.494140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9410152235236718,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 910511,
        "corridor_rank": 42,
        "exporter_iso3": "MAC",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 9,
        "exports_latest_observed_usd": 79955.05634872189,
        "exports_all_year_avg_usd": 70484.06098140228,
        "exports_avg_3y_usd": 132313.76121540504,
        "exports_avg_5y_usd": 132313.76121540504,
        "exports_avg_10y_usd": 104163.7588913131,
        "exports_cagr_3y_pct": 59.47485485560027,
        "exports_cagr_5y_pct": 32.31690363087223,
        "exports_cagr_10y_pct": 27.465961741082957,
        "exports_historical_peak_usd": 243831.8648783277,
        "buyer_imports_latest_observed_usd": 27654940.9858902,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 62.5,
        "trend_acceleration_pct": 32.00889311451731,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 6.5705,
        "buyer_yoy_all_avg_pct": -0.3856,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 0.28911671295742664,
        "market_share_change_1y_pp": 0.007210495426309915,
        "peer_best_share_pct": 86.2112258047678,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 56,
        "buyer_market_hhi": 7459.12,
        "distance_km": 9172.8720703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018975871202654326,
        "tariff_advantage_pp": 0.04228693320657663,
        "volatility_cv": 1.0012982913665613,
        "max_drawdown_pct": 93.51826725455032,
        "attention_level": "Watch",
        "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','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 910511,
        "corridor_rank": 60,
        "exporter_iso3": "MAC",
        "importer_iso3": "NLD",
        "latest_data_year": 1995,
        "lane_data_years": 1,
        "exports_latest_observed_usd": 40608.13828355279,
        "exports_all_year_avg_usd": 40608.13828355279,
        "exports_avg_3y_usd": 40608.13828355279,
        "exports_avg_5y_usd": 40608.13828355279,
        "exports_avg_10y_usd": 40608.13828355279,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 40608.13828355279,
        "buyer_imports_latest_observed_usd": 10619410.299547724,
        "historical_peak_year": 1995,
        "positive_growth_year_share_pct": null,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": -15.7799,
        "buyer_yoy_all_avg_pct": 1.1685,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 0.32273203680695406,
        "market_share_change_1y_pp": 0.32273203680695406,
        "peer_best_share_pct": 61.65853581356179,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 4045.21,
        "distance_km": 9255.0224609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019247239075767683,
        "tariff_advantage_pp": 0.04281276410541664,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MAC",
      "hs_code": 910511,
      "num_markets": 4,
      "highest_price_importer_iso3": "CHN",
      "highest_price_usd_per_ton": 99800,
      "lowest_price_importer_iso3": "S19",
      "lowest_price_usd_per_ton": 11000,
      "median_price_across_markets": 31428.514376996805,
      "price_spread_pct": 282.54596744475646,
      "avg_quantity_metric_tons": 1.2352999999999998,
      "total_trade_value_usd": 416230
    },
    "history": [
      {
        "year": 2007,
        "export_value_usd": 247623.08734059773,
        "active_destinations": 3,
        "yoy_growth_pct": 1378.5597055114702
      },
      {
        "year": 2008,
        "export_value_usd": 12423.028786527015,
        "active_destinations": 4,
        "yoy_growth_pct": -94.98308945262461
      },
      {
        "year": 2009,
        "export_value_usd": 75660.2522667599,
        "active_destinations": 3,
        "yoy_growth_pct": 509.0322542664855
      },
      {
        "year": 2010,
        "export_value_usd": 4708.882773076672,
        "active_destinations": 1,
        "yoy_growth_pct": -93.77627931179202
      },
      {
        "year": 2011,
        "export_value_usd": 847.6854337465311,
        "active_destinations": 4,
        "yoy_growth_pct": -81.99816231159491
      },
      {
        "year": 2013,
        "export_value_usd": 17660.85264066117,
        "active_destinations": 4,
        "yoy_growth_pct": 1983.4205635226233
      },
      {
        "year": 2014,
        "export_value_usd": 10666.389392266146,
        "active_destinations": 2,
        "yoy_growth_pct": -39.60433502678936
      },
      {
        "year": 2016,
        "export_value_usd": 2511.4703469787983,
        "active_destinations": 1,
        "yoy_growth_pct": -76.45435344035177
      },
      {
        "year": 2017,
        "export_value_usd": 30657.925102570458,
        "active_destinations": 3,
        "yoy_growth_pct": 1120.7161888035332
      },
      {
        "year": 2019,
        "export_value_usd": 4878.940366922644,
        "active_destinations": 1,
        "yoy_growth_pct": -84.0858755098414
      },
      {
        "year": 2020,
        "export_value_usd": 1438.591867624173,
        "active_destinations": 2,
        "yoy_growth_pct": -70.51425597702983
      },
      {
        "year": 2021,
        "export_value_usd": 1272.2289468700733,
        "active_destinations": 3,
        "yoy_growth_pct": -11.564288975777899
      },
      {
        "year": 2022,
        "export_value_usd": 244350.0002979927,
        "active_destinations": 3,
        "yoy_growth_pct": 19106.44872128876
      },
      {
        "year": 2023,
        "export_value_usd": 73461.24714219509,
        "active_destinations": 4,
        "yoy_growth_pct": -69.93605604558759
      },
      {
        "year": 2024,
        "export_value_usd": 80005.8243181254,
        "active_destinations": 2,
        "yoy_growth_pct": 8.908883840839657
      }
    ],
    "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": "910511",
    "hs_description": "Clocks: (excluding those with watch movements and instrument panel clocks), alarm clocks, electrically operated",
    "hs_chapter": 91,
    "hs_heading": 9105
  },
  "destinations": [
    {
      "hs_code": 910511,
      "corridor_rank": 32,
      "exporter_iso3": "MAC",
      "importer_iso3": "FRA",
      "latest_data_year": 2007,
      "lane_data_years": 1,
      "exports_latest_observed_usd": 138670.85215204253,
      "exports_all_year_avg_usd": 138670.85215204253,
      "exports_avg_3y_usd": 138670.85215204253,
      "exports_avg_5y_usd": 138670.85215204253,
      "exports_avg_10y_usd": 138670.85215204253,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 138670.85215204253,
      "buyer_imports_latest_observed_usd": 12522099.870476047,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": null,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -21.2188,
      "buyer_yoy_all_avg_pct": -0.6747,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 0.8301944117292644,
      "market_share_change_1y_pp": 0.8301944117292644,
      "peer_best_share_pct": 73.37070607744047,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 42,
      "buyer_market_hhi": 5594.88,
      "distance_km": 9601.9228515625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019247239075767683,
      "tariff_advantage_pp": 0.04281276410541664,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "Buyer demand is declining in both recent and longer-term observations",
      "risk_driver_labels": "['declining_buyer_demand','concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 910511,
      "corridor_rank": 39,
      "exporter_iso3": "MAC",
      "importer_iso3": "GBR",
      "latest_data_year": 2004,
      "lane_data_years": 2,
      "exports_latest_observed_usd": 94053.51439963507,
      "exports_all_year_avg_usd": 48455.83551317676,
      "exports_avg_3y_usd": 94053.51439963507,
      "exports_avg_5y_usd": 94053.51439963507,
      "exports_avg_10y_usd": 48455.83551317676,
      "exports_cagr_3y_pct": 220.45201089412134,
      "exports_cagr_5y_pct": 101.12117644349503,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 94053.51439963507,
      "buyer_imports_latest_observed_usd": 12179199.784565775,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -0.5485,
      "buyer_yoy_all_avg_pct": -1.3143,
      "buyer_trend_consistency_pct": 31.0345,
      "market_share_latest_pct": 0.4627881991136351,
      "market_share_change_1y_pp": 0.44872614948439976,
      "peer_best_share_pct": 89.70543868117335,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 8097.02,
      "distance_km": 9603.494140625,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9410152235236718,
      "max_drawdown_pct": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 910511,
      "corridor_rank": 42,
      "exporter_iso3": "MAC",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 9,
      "exports_latest_observed_usd": 79955.05634872189,
      "exports_all_year_avg_usd": 70484.06098140228,
      "exports_avg_3y_usd": 132313.76121540504,
      "exports_avg_5y_usd": 132313.76121540504,
      "exports_avg_10y_usd": 104163.7588913131,
      "exports_cagr_3y_pct": 59.47485485560027,
      "exports_cagr_5y_pct": 32.31690363087223,
      "exports_cagr_10y_pct": 27.465961741082957,
      "exports_historical_peak_usd": 243831.8648783277,
      "buyer_imports_latest_observed_usd": 27654940.9858902,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 62.5,
      "trend_acceleration_pct": 32.00889311451731,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 6.5705,
      "buyer_yoy_all_avg_pct": -0.3856,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 0.28911671295742664,
      "market_share_change_1y_pp": 0.007210495426309915,
      "peer_best_share_pct": 86.2112258047678,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 56,
      "buyer_market_hhi": 7459.12,
      "distance_km": 9172.8720703125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.018975871202654326,
      "tariff_advantage_pp": 0.04228693320657663,
      "volatility_cv": 1.0012982913665613,
      "max_drawdown_pct": 93.51826725455032,
      "attention_level": "Watch",
      "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','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 910511,
      "corridor_rank": 60,
      "exporter_iso3": "MAC",
      "importer_iso3": "NLD",
      "latest_data_year": 1995,
      "lane_data_years": 1,
      "exports_latest_observed_usd": 40608.13828355279,
      "exports_all_year_avg_usd": 40608.13828355279,
      "exports_avg_3y_usd": 40608.13828355279,
      "exports_avg_5y_usd": 40608.13828355279,
      "exports_avg_10y_usd": 40608.13828355279,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 40608.13828355279,
      "buyer_imports_latest_observed_usd": 10619410.299547724,
      "historical_peak_year": 1995,
      "positive_growth_year_share_pct": null,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -15.7799,
      "buyer_yoy_all_avg_pct": 1.1685,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 0.32273203680695406,
      "market_share_change_1y_pp": 0.32273203680695406,
      "peer_best_share_pct": 61.65853581356179,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 42,
      "buyer_market_hhi": 4045.21,
      "distance_km": 9255.0224609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019247239075767683,
      "tariff_advantage_pp": 0.04281276410541664,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Declining",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MAC",
    "hs_code": 910511,
    "num_markets": 4,
    "highest_price_importer_iso3": "CHN",
    "highest_price_usd_per_ton": 99800,
    "lowest_price_importer_iso3": "S19",
    "lowest_price_usd_per_ton": 11000,
    "median_price_across_markets": 31428.514376996805,
    "price_spread_pct": 282.54596744475646,
    "avg_quantity_metric_tons": 1.2352999999999998,
    "total_trade_value_usd": 416230
  },
  "history": [
    {
      "year": 2007,
      "export_value_usd": 247623.08734059773,
      "active_destinations": 3,
      "yoy_growth_pct": 1378.5597055114702
    },
    {
      "year": 2008,
      "export_value_usd": 12423.028786527015,
      "active_destinations": 4,
      "yoy_growth_pct": -94.98308945262461
    },
    {
      "year": 2009,
      "export_value_usd": 75660.2522667599,
      "active_destinations": 3,
      "yoy_growth_pct": 509.0322542664855
    },
    {
      "year": 2010,
      "export_value_usd": 4708.882773076672,
      "active_destinations": 1,
      "yoy_growth_pct": -93.77627931179202
    },
    {
      "year": 2011,
      "export_value_usd": 847.6854337465311,
      "active_destinations": 4,
      "yoy_growth_pct": -81.99816231159491
    },
    {
      "year": 2013,
      "export_value_usd": 17660.85264066117,
      "active_destinations": 4,
      "yoy_growth_pct": 1983.4205635226233
    },
    {
      "year": 2014,
      "export_value_usd": 10666.389392266146,
      "active_destinations": 2,
      "yoy_growth_pct": -39.60433502678936
    },
    {
      "year": 2016,
      "export_value_usd": 2511.4703469787983,
      "active_destinations": 1,
      "yoy_growth_pct": -76.45435344035177
    },
    {
      "year": 2017,
      "export_value_usd": 30657.925102570458,
      "active_destinations": 3,
      "yoy_growth_pct": 1120.7161888035332
    },
    {
      "year": 2019,
      "export_value_usd": 4878.940366922644,
      "active_destinations": 1,
      "yoy_growth_pct": -84.0858755098414
    },
    {
      "year": 2020,
      "export_value_usd": 1438.591867624173,
      "active_destinations": 2,
      "yoy_growth_pct": -70.51425597702983
    },
    {
      "year": 2021,
      "export_value_usd": 1272.2289468700733,
      "active_destinations": 3,
      "yoy_growth_pct": -11.564288975777899
    },
    {
      "year": 2022,
      "export_value_usd": 244350.0002979927,
      "active_destinations": 3,
      "yoy_growth_pct": 19106.44872128876
    },
    {
      "year": 2023,
      "export_value_usd": 73461.24714219509,
      "active_destinations": 4,
      "yoy_growth_pct": -69.93605604558759
    },
    {
      "year": 2024,
      "export_value_usd": 80005.8243181254,
      "active_destinations": 2,
      "yoy_growth_pct": 8.908883840839657
    }
  ],
  "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
  }
}
```
