{
  "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/970110",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/970110",
    "exporter": "https://www.yugalinks.com/trade/exporter/mac/970110",
    "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": "970110",
    "exporter_iso3": "MAC",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 41,
    "current_lane_count": 8,
    "active_market_count": 8,
    "exports_latest_observed_lanes_usd": 42636435.42602455,
    "exports_current_2024_usd": 42061893.1123423,
    "exports_avg_3y_usd": 20725843.20616232,
    "exports_avg_5y_usd": 13626486.151814584,
    "exports_avg_10y_usd": 10074195.103999194,
    "exports_cagr_3y_pct": 97.0183912394702,
    "exports_cagr_5y_pct": 8.653232074943084,
    "exports_cagr_10y_pct": 77.85435754744803,
    "exports_all_year_lane_avg_usd": 4447654.953221325,
    "exports_historical_lane_peak_usd": 47619704.28226035,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 19.164033692022173,
    "trend_label": "Rapid growth",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 42013679.205138974,
    "top_market_share_pct": 98.53938019287266,
    "destination_hhi": 9711.169101105666,
    "weighted_share_latest_pct": 1.3692977929259755,
    "weighted_share_change_1y_pp": 0.8367462809159395,
    "weighted_volatility_cv": 2.492245603959757,
    "weighted_max_drawdown_pct": 99.71385304277575,
    "limited_history_lane_share_pct": 63.41463414634146,
    "data_freshness_years": 0,
    "coverage_score": 74,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:20",
    "source": "api",
    "product": {
      "hs_code": 970110,
      "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906",
      "hs_chapter": 97,
      "hs_heading": 9701,
      "substitution_elasticity": null,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906",
    "hs_chapter": 97,
    "hs_heading": 9701,
    "destinations": [
      {
        "hs_code": 970110,
        "corridor_rank": 83,
        "exporter_iso3": "MAC",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 42013679.205138974,
        "exports_all_year_avg_usd": 3943843.519410075,
        "exports_avg_3y_usd": 20501421.0067087,
        "exports_avg_5y_usd": 13450073.862439115,
        "exports_avg_10y_usd": 9682299.844002044,
        "exports_cagr_3y_pct": 98.9196380123615,
        "exports_cagr_5y_pct": 10.36071499061746,
        "exports_cagr_10y_pct": 79.61805403867454,
        "exports_historical_peak_usd": 42013679.205138974,
        "buyer_imports_latest_observed_usd": 3026728593.879903,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.333333333333336,
        "trend_acceleration_pct": 19.30158397368696,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -13.1168,
        "buyer_yoy_all_avg_pct": 26.0861,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 1.3880887533190576,
        "market_share_change_1y_pp": 0.8490910593302674,
        "peer_best_share_pct": 42.35573527077579,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 62,
        "buyer_market_hhi": 2340.22,
        "distance_km": 60.770565032958984,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.497164773586179,
        "max_drawdown_pct": 99.92782368234798,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MAC",
      "hs_code": 970110,
      "num_markets": 13,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 80687800,
      "lowest_price_importer_iso3": "PRT",
      "lowest_price_usd_per_ton": 931.8181818181819,
      "median_price_across_markets": 201500.00000000003,
      "price_spread_pct": 40043.110760207535,
      "avg_quantity_metric_tons": 0.09967857142857144,
      "total_trade_value_usd": 27593304
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1038900.1511441922,
        "active_destinations": 14,
        "yoy_growth_pct": 132.75330996679065
      },
      {
        "year": 2011,
        "export_value_usd": 236635.02948351522,
        "active_destinations": 12,
        "yoy_growth_pct": -77.22254355022498
      },
      {
        "year": 2012,
        "export_value_usd": 148847.16239277748,
        "active_destinations": 7,
        "yoy_growth_pct": -37.09842421992444
      },
      {
        "year": 2013,
        "export_value_usd": 272250.98852500605,
        "active_destinations": 12,
        "yoy_growth_pct": 82.90640153864062
      },
      {
        "year": 2014,
        "export_value_usd": 132813.95634470967,
        "active_destinations": 10,
        "yoy_growth_pct": -51.216354781936516
      },
      {
        "year": 2015,
        "export_value_usd": 1010216.7349407539,
        "active_destinations": 10,
        "yoy_growth_pct": 660.6254363199637
      },
      {
        "year": 2016,
        "export_value_usd": 2275222.048614295,
        "active_destinations": 8,
        "yoy_growth_pct": 125.2211797647294
      },
      {
        "year": 2017,
        "export_value_usd": 148960.7967037742,
        "active_destinations": 8,
        "yoy_growth_pct": -93.45291169297091
      },
      {
        "year": 2018,
        "export_value_usd": 1398745.6857259045,
        "active_destinations": 8,
        "yoy_growth_pct": 839.0025541468285
      },
      {
        "year": 2019,
        "export_value_usd": 27776375.014934294,
        "active_destinations": 8,
        "yoy_growth_pct": 1885.8059473133771
      },
      {
        "year": 2020,
        "export_value_usd": 454827.42902081413,
        "active_destinations": 7,
        "yoy_growth_pct": -98.36253856460293
      },
      {
        "year": 2021,
        "export_value_usd": 5500073.7115651425,
        "active_destinations": 7,
        "yoy_growth_pct": 1109.2660557886986
      },
      {
        "year": 2022,
        "export_value_usd": 765088.1348814525,
        "active_destinations": 8,
        "yoy_growth_pct": -86.08949306856229
      },
      {
        "year": 2023,
        "export_value_usd": 19350548.371263217,
        "active_destinations": 7,
        "yoy_growth_pct": 2429.1920615474596
      },
      {
        "year": 2024,
        "export_value_usd": 42061893.1123423,
        "active_destinations": 8,
        "yoy_growth_pct": 117.36796449038549
      }
    ],
    "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": "970110",
    "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906",
    "hs_chapter": 97,
    "hs_heading": 9701
  },
  "destinations": [
    {
      "hs_code": 970110,
      "corridor_rank": 83,
      "exporter_iso3": "MAC",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 42013679.205138974,
      "exports_all_year_avg_usd": 3943843.519410075,
      "exports_avg_3y_usd": 20501421.0067087,
      "exports_avg_5y_usd": 13450073.862439115,
      "exports_avg_10y_usd": 9682299.844002044,
      "exports_cagr_3y_pct": 98.9196380123615,
      "exports_cagr_5y_pct": 10.36071499061746,
      "exports_cagr_10y_pct": 79.61805403867454,
      "exports_historical_peak_usd": 42013679.205138974,
      "buyer_imports_latest_observed_usd": 3026728593.879903,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.333333333333336,
      "trend_acceleration_pct": 19.30158397368696,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -13.1168,
      "buyer_yoy_all_avg_pct": 26.0861,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 1.3880887533190576,
      "market_share_change_1y_pp": 0.8490910593302674,
      "peer_best_share_pct": 42.35573527077579,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 62,
      "buyer_market_hhi": 2340.22,
      "distance_km": 60.770565032958984,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 2.497164773586179,
      "max_drawdown_pct": 99.92782368234798,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MAC",
    "hs_code": 970110,
    "num_markets": 13,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 80687800,
    "lowest_price_importer_iso3": "PRT",
    "lowest_price_usd_per_ton": 931.8181818181819,
    "median_price_across_markets": 201500.00000000003,
    "price_spread_pct": 40043.110760207535,
    "avg_quantity_metric_tons": 0.09967857142857144,
    "total_trade_value_usd": 27593304
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1038900.1511441922,
      "active_destinations": 14,
      "yoy_growth_pct": 132.75330996679065
    },
    {
      "year": 2011,
      "export_value_usd": 236635.02948351522,
      "active_destinations": 12,
      "yoy_growth_pct": -77.22254355022498
    },
    {
      "year": 2012,
      "export_value_usd": 148847.16239277748,
      "active_destinations": 7,
      "yoy_growth_pct": -37.09842421992444
    },
    {
      "year": 2013,
      "export_value_usd": 272250.98852500605,
      "active_destinations": 12,
      "yoy_growth_pct": 82.90640153864062
    },
    {
      "year": 2014,
      "export_value_usd": 132813.95634470967,
      "active_destinations": 10,
      "yoy_growth_pct": -51.216354781936516
    },
    {
      "year": 2015,
      "export_value_usd": 1010216.7349407539,
      "active_destinations": 10,
      "yoy_growth_pct": 660.6254363199637
    },
    {
      "year": 2016,
      "export_value_usd": 2275222.048614295,
      "active_destinations": 8,
      "yoy_growth_pct": 125.2211797647294
    },
    {
      "year": 2017,
      "export_value_usd": 148960.7967037742,
      "active_destinations": 8,
      "yoy_growth_pct": -93.45291169297091
    },
    {
      "year": 2018,
      "export_value_usd": 1398745.6857259045,
      "active_destinations": 8,
      "yoy_growth_pct": 839.0025541468285
    },
    {
      "year": 2019,
      "export_value_usd": 27776375.014934294,
      "active_destinations": 8,
      "yoy_growth_pct": 1885.8059473133771
    },
    {
      "year": 2020,
      "export_value_usd": 454827.42902081413,
      "active_destinations": 7,
      "yoy_growth_pct": -98.36253856460293
    },
    {
      "year": 2021,
      "export_value_usd": 5500073.7115651425,
      "active_destinations": 7,
      "yoy_growth_pct": 1109.2660557886986
    },
    {
      "year": 2022,
      "export_value_usd": 765088.1348814525,
      "active_destinations": 8,
      "yoy_growth_pct": -86.08949306856229
    },
    {
      "year": 2023,
      "export_value_usd": 19350548.371263217,
      "active_destinations": 7,
      "yoy_growth_pct": 2429.1920615474596
    },
    {
      "year": 2024,
      "export_value_usd": 42061893.1123423,
      "active_destinations": 8,
      "yoy_growth_pct": 117.36796449038549
    }
  ],
  "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
  }
}