{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/mdg/160431",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/160431",
    "exporter": "https://www.yugalinks.com/trade/exporter/mdg/160431",
    "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": "160431",
    "exporter_iso3": "MDG",
    "first_data_year": 2009,
    "latest_data_year": 2024,
    "observed_lane_count": 23,
    "current_lane_count": 14,
    "active_market_count": 14,
    "exports_latest_observed_lanes_usd": 3489864.0158570623,
    "exports_current_2024_usd": 3357370.11376766,
    "exports_avg_3y_usd": 3083537.9845950357,
    "exports_avg_5y_usd": 2499664.1567285685,
    "exports_avg_10y_usd": 1839545.6318658951,
    "exports_cagr_3y_pct": 9.38886304261235,
    "exports_cagr_5y_pct": 55.422784873109855,
    "exports_cagr_10y_pct": 310.0548708424292,
    "exports_all_year_lane_avg_usd": 1979542.912555262,
    "exports_historical_lane_peak_usd": 4013094.346932428,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 71.42857142857143,
    "trend_acceleration_pct": -300.66600779981684,
    "trend_label": "Growing",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 1608903.101136658,
    "top_market_share_pct": 46.10217171288647,
    "destination_hhi": 3925.618088206624,
    "weighted_share_latest_pct": 5.61402478792311,
    "weighted_share_change_1y_pp": -0.5459832012552791,
    "weighted_volatility_cv": 0.7329510022404029,
    "weighted_max_drawdown_pct": 29.841262908434594,
    "limited_history_lane_share_pct": 86.95652173913044,
    "data_freshness_years": 0,
    "coverage_score": 77,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:22",
    "source": "api",
    "product": {
      "hs_code": 160431,
      "hs_description": "Fish preparations: caviar",
      "hs_chapter": 16,
      "hs_heading": 1604,
      "substitution_elasticity": null,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Fish preparations: caviar",
    "hs_chapter": 16,
    "hs_heading": 1604,
    "destinations": [
      {
        "hs_code": 160431,
        "corridor_rank": 16,
        "exporter_iso3": "MDG",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 8,
        "exports_latest_observed_usd": 1608903.101136658,
        "exports_all_year_avg_usd": 885431.140100559,
        "exports_avg_3y_usd": 1733706.042233098,
        "exports_avg_5y_usd": 1372101.5612626253,
        "exports_avg_10y_usd": 1011920.946125577,
        "exports_cagr_3y_pct": 9.232084978867894,
        "exports_cagr_5y_pct": 48.75189900527379,
        "exports_cagr_10y_pct": 280.9737404531479,
        "exports_historical_peak_usd": 2114671.1084508956,
        "buyer_imports_latest_observed_usd": 18644156.427439716,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 85.71428571428571,
        "trend_acceleration_pct": -271.74165547428004,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -8.4052,
        "buyer_yoy_all_avg_pct": 5.8053,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 8.629530155457932,
        "market_share_change_1y_pp": -1.7594050317280345,
        "peer_best_share_pct": 43.05312842814494,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 2510.66,
        "distance_km": 8763.33203125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.00895905268279596,
        "tariff_advantage_pp": 0.053364187625295996,
        "volatility_cv": 0.8679541186471522,
        "max_drawdown_pct": 23.917100171890958,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 160431,
        "corridor_rank": 17,
        "exporter_iso3": "MDG",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 6,
        "exports_latest_observed_usd": 1464338.3087086203,
        "exports_all_year_avg_usd": 833191.0916967796,
        "exports_avg_3y_usd": 1132360.6060259028,
        "exports_avg_5y_usd": 979041.6166661866,
        "exports_avg_10y_usd": 833191.0916967796,
        "exports_cagr_3y_pct": 4.492148666130902,
        "exports_cagr_5y_pct": 69.73563268363871,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 1464338.3087086203,
        "buyer_imports_latest_observed_usd": 54206301.372728385,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 80,
        "trend_acceleration_pct": null,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 9.0649,
        "buyer_yoy_all_avg_pct": 14.492,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 2.701417126100657,
        "market_share_change_1y_pp": 0.3527258698988627,
        "peer_best_share_pct": 58.351765719156305,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 35,
        "buyer_market_hhi": 3612.25,
        "distance_km": 14006.814453125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.01994448834218182,
        "tariff_advantage_pp": 0.041489371055858586,
        "volatility_cv": 0.6259040506803896,
        "max_drawdown_pct": 40.36379704631315,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 160431,
        "corridor_rank": 49,
        "exporter_iso3": "MDG",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 194367.21700784538,
        "exports_all_year_avg_usd": 113279.71964720695,
        "exports_avg_3y_usd": 113279.71964720695,
        "exports_avg_5y_usd": 113279.71964720695,
        "exports_avg_10y_usd": 113279.71964720695,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 194367.21700784538,
        "buyer_imports_latest_observed_usd": 14208052.965586254,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": 6.9339,
        "buyer_yoy_all_avg_pct": 1.9303,
        "buyer_trend_consistency_pct": 37.931,
        "market_share_latest_pct": 1.3680074073388377,
        "market_share_change_1y_pp": 0.6394502368188261,
        "peer_best_share_pct": 36.637599488115605,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 24,
        "buyer_market_hhi": 2371.85,
        "distance_km": 11423.111328125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.014426770668521008,
        "tariff_advantage_pp": 0.03129625897360405,
        "volatility_cv": 0.535056273741701,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['long_distance_without_fta','buyer_macro_weakness','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "MDG",
      "hs_code": 160431,
      "num_markets": 17,
      "highest_price_importer_iso3": "MAR",
      "highest_price_usd_per_ton": 3183000,
      "lowest_price_importer_iso3": "ZAF",
      "lowest_price_usd_per_ton": 11688.372093023256,
      "median_price_across_markets": 346676.6718506999,
      "price_spread_pct": 914.7750297062784,
      "avg_quantity_metric_tons": 0.654264705882353,
      "total_trade_value_usd": 7519509
    },
    "history": [
      {
        "year": 2009,
        "export_value_usd": 2.497925432667544,
        "active_destinations": 1
      },
      {
        "year": 2018,
        "export_value_usd": 8307.697325909607,
        "active_destinations": 3,
        "yoy_growth_pct": 332483.880097565
      },
      {
        "year": 2019,
        "export_value_usd": 370190.9420925149,
        "active_destinations": 8,
        "yoy_growth_pct": 4355.999389120532
      },
      {
        "year": 2020,
        "export_value_usd": 682750.9751398785,
        "active_destinations": 5,
        "yoy_growth_pct": 84.43211259589688
      },
      {
        "year": 2021,
        "export_value_usd": 2564955.8547178563,
        "active_destinations": 10,
        "yoy_growth_pct": 275.6795593286939
      },
      {
        "year": 2022,
        "export_value_usd": 2434109.6280697878,
        "active_destinations": 12,
        "yoy_growth_pct": -5.10130520988875
      },
      {
        "year": 2023,
        "export_value_usd": 3459134.2119476576,
        "active_destinations": 11,
        "yoy_growth_pct": 42.11086353948236
      },
      {
        "year": 2024,
        "export_value_usd": 3357370.11376766,
        "active_destinations": 14,
        "yoy_growth_pct": -2.9418950507473767
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "MDG",
      "exports_usd": 3229198397.677453,
      "imports_usd": 4467407519.202997,
      "trade_balance_usd": -1238209121.5255442,
      "yoy_exports_growth_pct": -12.530658956518614,
      "yoy_imports_growth_pct": -4.801231668307116,
      "exports_cagr_3y_pct": 1.3937046376351958,
      "imports_cagr_3y_pct": 3.274443836645946,
      "export_partner_hhi": 855.4830578316078,
      "export_product_hhi": 411.48894911680173,
      "momentum_score": -8.353349878272471,
      "risk_score": 6.334860034742047,
      "gdp_million_usd": 17420.50149012312,
      "gdp_per_capita_usd": 544.9875010033838,
      "population": 31964956,
      "labor_force": 16195.87,
      "investment_rate_pct": 22.28,
      "savings_rate_pct": 10.21,
      "secondary_education_pct": 29.17,
      "tertiary_education_pct": 2.52,
      "total_factor_productivity": 98.9,
      "trade_openness_pct": 47.782538998001876,
      "exports_gdp_pct": 20.04770674706025,
      "num_active_partners": 270,
      "num_fta_partners": 48,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 41,
      "avg_partner_distance_km": 8415.275720164609,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "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": 17.77777777777778,
      "pct_partners_shared_language": 15.185185185185185,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.12630385158103352,
      "avg_mfn_tariff_pct": 0.13773274389724705,
      "avg_preferential_tariff_pct": 0.0216591658377904,
      "tariff_advantage_pp": 0.11607357805945664,
      "avg_distance_all_partners_km": 8556.830769529228,
      "num_border_partners": 0,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -8.433861122563576,
      "pct_products_high_elasticity": 66.68143553389456,
      "pct_products_low_elasticity": 4.253433761630483,
      "real_market_potential": 61729.10812010355,
      "foreign_market_potential": 9848.131458861211
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "160431",
    "hs_description": "Fish preparations: caviar",
    "hs_chapter": 16,
    "hs_heading": 1604
  },
  "destinations": [
    {
      "hs_code": 160431,
      "corridor_rank": 16,
      "exporter_iso3": "MDG",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 8,
      "exports_latest_observed_usd": 1608903.101136658,
      "exports_all_year_avg_usd": 885431.140100559,
      "exports_avg_3y_usd": 1733706.042233098,
      "exports_avg_5y_usd": 1372101.5612626253,
      "exports_avg_10y_usd": 1011920.946125577,
      "exports_cagr_3y_pct": 9.232084978867894,
      "exports_cagr_5y_pct": 48.75189900527379,
      "exports_cagr_10y_pct": 280.9737404531479,
      "exports_historical_peak_usd": 2114671.1084508956,
      "buyer_imports_latest_observed_usd": 18644156.427439716,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 85.71428571428571,
      "trend_acceleration_pct": -271.74165547428004,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -8.4052,
      "buyer_yoy_all_avg_pct": 5.8053,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 8.629530155457932,
      "market_share_change_1y_pp": -1.7594050317280345,
      "peer_best_share_pct": 43.05312842814494,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 2510.66,
      "distance_km": 8763.33203125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.00895905268279596,
      "tariff_advantage_pp": 0.053364187625295996,
      "volatility_cv": 0.8679541186471522,
      "max_drawdown_pct": 23.917100171890958,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 160431,
      "corridor_rank": 17,
      "exporter_iso3": "MDG",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 6,
      "exports_latest_observed_usd": 1464338.3087086203,
      "exports_all_year_avg_usd": 833191.0916967796,
      "exports_avg_3y_usd": 1132360.6060259028,
      "exports_avg_5y_usd": 979041.6166661866,
      "exports_avg_10y_usd": 833191.0916967796,
      "exports_cagr_3y_pct": 4.492148666130902,
      "exports_cagr_5y_pct": 69.73563268363871,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 1464338.3087086203,
      "buyer_imports_latest_observed_usd": 54206301.372728385,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 80,
      "trend_acceleration_pct": null,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 9.0649,
      "buyer_yoy_all_avg_pct": 14.492,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 2.701417126100657,
      "market_share_change_1y_pp": 0.3527258698988627,
      "peer_best_share_pct": 58.351765719156305,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 35,
      "buyer_market_hhi": 3612.25,
      "distance_km": 14006.814453125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.01994448834218182,
      "tariff_advantage_pp": 0.041489371055858586,
      "volatility_cv": 0.6259040506803896,
      "max_drawdown_pct": 40.36379704631315,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 160431,
      "corridor_rank": 49,
      "exporter_iso3": "MDG",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 194367.21700784538,
      "exports_all_year_avg_usd": 113279.71964720695,
      "exports_avg_3y_usd": 113279.71964720695,
      "exports_avg_5y_usd": 113279.71964720695,
      "exports_avg_10y_usd": 113279.71964720695,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 194367.21700784538,
      "buyer_imports_latest_observed_usd": 14208052.965586254,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": 6.9339,
      "buyer_yoy_all_avg_pct": 1.9303,
      "buyer_trend_consistency_pct": 37.931,
      "market_share_latest_pct": 1.3680074073388377,
      "market_share_change_1y_pp": 0.6394502368188261,
      "peer_best_share_pct": 36.637599488115605,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 24,
      "buyer_market_hhi": 2371.85,
      "distance_km": 11423.111328125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.014426770668521008,
      "tariff_advantage_pp": 0.03129625897360405,
      "volatility_cv": 0.535056273741701,
      "max_drawdown_pct": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": "['long_distance_without_fta','buyer_macro_weakness','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "MDG",
    "hs_code": 160431,
    "num_markets": 17,
    "highest_price_importer_iso3": "MAR",
    "highest_price_usd_per_ton": 3183000,
    "lowest_price_importer_iso3": "ZAF",
    "lowest_price_usd_per_ton": 11688.372093023256,
    "median_price_across_markets": 346676.6718506999,
    "price_spread_pct": 914.7750297062784,
    "avg_quantity_metric_tons": 0.654264705882353,
    "total_trade_value_usd": 7519509
  },
  "history": [
    {
      "year": 2009,
      "export_value_usd": 2.497925432667544,
      "active_destinations": 1
    },
    {
      "year": 2018,
      "export_value_usd": 8307.697325909607,
      "active_destinations": 3,
      "yoy_growth_pct": 332483.880097565
    },
    {
      "year": 2019,
      "export_value_usd": 370190.9420925149,
      "active_destinations": 8,
      "yoy_growth_pct": 4355.999389120532
    },
    {
      "year": 2020,
      "export_value_usd": 682750.9751398785,
      "active_destinations": 5,
      "yoy_growth_pct": 84.43211259589688
    },
    {
      "year": 2021,
      "export_value_usd": 2564955.8547178563,
      "active_destinations": 10,
      "yoy_growth_pct": 275.6795593286939
    },
    {
      "year": 2022,
      "export_value_usd": 2434109.6280697878,
      "active_destinations": 12,
      "yoy_growth_pct": -5.10130520988875
    },
    {
      "year": 2023,
      "export_value_usd": 3459134.2119476576,
      "active_destinations": 11,
      "yoy_growth_pct": 42.11086353948236
    },
    {
      "year": 2024,
      "export_value_usd": 3357370.11376766,
      "active_destinations": 14,
      "yoy_growth_pct": -2.9418950507473767
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "MDG",
    "exports_usd": 3229198397.677453,
    "imports_usd": 4467407519.202997,
    "trade_balance_usd": -1238209121.5255442,
    "yoy_exports_growth_pct": -12.530658956518614,
    "yoy_imports_growth_pct": -4.801231668307116,
    "exports_cagr_3y_pct": 1.3937046376351958,
    "imports_cagr_3y_pct": 3.274443836645946,
    "export_partner_hhi": 855.4830578316078,
    "export_product_hhi": 411.48894911680173,
    "momentum_score": -8.353349878272471,
    "risk_score": 6.334860034742047,
    "gdp_million_usd": 17420.50149012312,
    "gdp_per_capita_usd": 544.9875010033838,
    "population": 31964956,
    "labor_force": 16195.87,
    "investment_rate_pct": 22.28,
    "savings_rate_pct": 10.21,
    "secondary_education_pct": 29.17,
    "tertiary_education_pct": 2.52,
    "total_factor_productivity": 98.9,
    "trade_openness_pct": 47.782538998001876,
    "exports_gdp_pct": 20.04770674706025,
    "num_active_partners": 270,
    "num_fta_partners": 48,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 41,
    "avg_partner_distance_km": 8415.275720164609,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "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": 17.77777777777778,
    "pct_partners_shared_language": 15.185185185185185,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.12630385158103352,
    "avg_mfn_tariff_pct": 0.13773274389724705,
    "avg_preferential_tariff_pct": 0.0216591658377904,
    "tariff_advantage_pp": 0.11607357805945664,
    "avg_distance_all_partners_km": 8556.830769529228,
    "num_border_partners": 0,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -8.433861122563576,
    "pct_products_high_elasticity": 66.68143553389456,
    "pct_products_low_elasticity": 4.253433761630483,
    "real_market_potential": 61729.10812010355,
    "foreign_market_potential": 9848.131458861211
  }
}