{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/mrt/260111",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/260111",
    "exporter": "https://www.yugalinks.com/trade/exporter/mrt/260111",
    "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": "260111",
    "exporter_iso3": "MRT",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 40,
    "current_lane_count": 18,
    "active_market_count": 18,
    "exports_latest_observed_lanes_usd": 1405567366.717225,
    "exports_current_2024_usd": 1285354417.1147604,
    "exports_avg_3y_usd": 1377558146.346872,
    "exports_avg_5y_usd": 1398021885.9204538,
    "exports_avg_10y_usd": 964134063.9621809,
    "exports_cagr_3y_pct": -10.358283746849251,
    "exports_cagr_5y_pct": 10.183113692678901,
    "exports_cagr_10y_pct": 5.11232775474566,
    "exports_all_year_lane_avg_usd": 990442731.9728014,
    "exports_historical_lane_peak_usd": 2739153522.2542896,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": -15.470611501594911,
    "trend_label": "Rapid decline",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 803070622.5608097,
    "top_market_share_pct": 57.134979196082405,
    "destination_hhi": 3483.5322151803607,
    "weighted_share_latest_pct": 18.108295781354066,
    "weighted_share_change_1y_pp": -0.4623338696316305,
    "weighted_volatility_cv": 0.822700656464192,
    "weighted_max_drawdown_pct": 86.56853527844427,
    "limited_history_lane_share_pct": 45,
    "data_freshness_years": 0,
    "coverage_score": 89,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:28",
    "source": "api",
    "product": {
      "hs_code": 260111,
      "hs_description": "Iron ores and concentrates: non-agglomerated",
      "hs_chapter": 26,
      "hs_heading": 2601,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron ores and concentrates: non-agglomerated",
    "hs_chapter": 26,
    "hs_heading": 2601,
    "destinations": [
      {
        "hs_code": 260111,
        "corridor_rank": 19,
        "exporter_iso3": "MRT",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 803070622.5608097,
        "exports_all_year_avg_usd": 393945365.9953141,
        "exports_avg_3y_usd": 738180362.4255061,
        "exports_avg_5y_usd": 790229505.2240106,
        "exports_avg_10y_usd": 577316315.6129917,
        "exports_cagr_3y_pct": -8.840993276578535,
        "exports_cagr_5y_pct": 8.45762605176521,
        "exports_cagr_10y_pct": 3.793000413252723,
        "exports_historical_peak_usd": 1060119897.3238225,
        "buyer_imports_latest_observed_usd": 110980291468.60649,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 69.56521739130434,
        "trend_acceleration_pct": -12.633993689831257,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -2.5539,
        "buyer_yoy_all_avg_pct": 24.0931,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.7236155284273857,
        "market_share_change_1y_pp": 0.09347217582828449,
        "peer_best_share_pct": 63.842383502238086,
        "peer_top_exporter": "AUS",
        "supplier_count_latest": 72,
        "buyer_market_hhi": 4518.16,
        "distance_km": 11903.5888671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8038264939671566,
        "max_drawdown_pct": 99.9994390400882,
        "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": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260111,
        "corridor_rank": 60,
        "exporter_iso3": "MRT",
        "importer_iso3": "DZA",
        "latest_data_year": 2024,
        "lane_data_years": 15,
        "exports_latest_observed_usd": 133087818.89899999,
        "exports_all_year_avg_usd": 45120229.945654586,
        "exports_avg_3y_usd": 207780372.87407112,
        "exports_avg_5y_usd": 155835282.24492842,
        "exports_avg_10y_usd": 155835282.24492842,
        "exports_cagr_3y_pct": 23322.205353126832,
        "exports_cagr_5y_pct": 115.37352978713886,
        "exports_cagr_10y_pct": 46.75610031175496,
        "exports_historical_peak_usd": 330277251.10730374,
        "buyer_imports_latest_observed_usd": 246548711.385,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 64.28571428571429,
        "trend_acceleration_pct": 23275.449252815077,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -34.2388,
        "buyer_yoy_all_avg_pct": 373.1783,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 53.98033441398755,
        "market_share_change_1y_pp": -34.11346370092954,
        "peer_best_share_pct": 53.98033441398755,
        "peer_top_exporter": "MRT",
        "supplier_count_latest": 5,
        "buyer_market_hhi": 4273.05,
        "distance_km": 2786.953125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.0013551636723568,
        "max_drawdown_pct": 99.99993513789519,
        "attention_level": "Critical attention",
        "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']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260111,
        "corridor_rank": 72,
        "exporter_iso3": "MRT",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 97196096.55974296,
        "exports_all_year_avg_usd": 86061470.60927878,
        "exports_avg_3y_usd": 124736359.15553792,
        "exports_avg_5y_usd": 146778510.99056387,
        "exports_avg_10y_usd": 99435638.0100229,
        "exports_cagr_3y_pct": -27.43261822811178,
        "exports_cagr_5y_pct": 14.445499206097768,
        "exports_cagr_10y_pct": 4.088828217951024,
        "exports_historical_peak_usd": 254345736.2541211,
        "buyer_imports_latest_observed_usd": 219184249.96714574,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 44.827586206896555,
        "trend_acceleration_pct": -31.521446446062804,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -20.9304,
        "buyer_yoy_all_avg_pct": 8.0597,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 44.344471180895525,
        "market_share_change_1y_pp": -3.4578759888645365,
        "peer_best_share_pct": 44.344471180895525,
        "peer_top_exporter": "MRT",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 3036.2,
        "distance_km": 3774.4111328125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5737530597319067,
        "max_drawdown_pct": 79.69058733857362,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260111,
        "corridor_rank": 82,
        "exporter_iso3": "MRT",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 6,
        "exports_latest_observed_usd": 82830097.25179105,
        "exports_all_year_avg_usd": 86499553.27779259,
        "exports_avg_3y_usd": 97689222.63599993,
        "exports_avg_5y_usd": 97548283.5561611,
        "exports_avg_10y_usd": 86499553.27779259,
        "exports_cagr_3y_pct": -12.310791134568433,
        "exports_cagr_5y_pct": 21.52096994065158,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 122842802.46746543,
        "buyer_imports_latest_observed_usd": 90826800.04407959,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -12.566,
        "buyer_yoy_all_avg_pct": 26.8873,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 91.19565724168679,
        "market_share_change_1y_pp": -8.504543962897415,
        "peer_best_share_pct": 91.19565724168679,
        "peer_top_exporter": "MRT",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 8389.12,
        "distance_km": 17865.142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.3435794543205568,
        "max_drawdown_pct": 32.572282959981834,
        "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": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260111,
        "corridor_rank": 88,
        "exporter_iso3": "MRT",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 69891940.93638813,
        "exports_all_year_avg_usd": 64142177.64563295,
        "exports_avg_3y_usd": 46839056.66760556,
        "exports_avg_5y_usd": 64662363.64905779,
        "exports_avg_10y_usd": 60079980.22466715,
        "exports_cagr_3y_pct": -8.122014332717665,
        "exports_cagr_5y_pct": 16.31185835653215,
        "exports_cagr_10y_pct": 1.0202452414882712,
        "exports_historical_peak_usd": 159483136.62183636,
        "buyer_imports_latest_observed_usd": 1382994796.6598504,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -9.142259574205937,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -6.5855,
        "buyer_yoy_all_avg_pct": 7.9411,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 5.053666225295146,
        "market_share_change_1y_pp": 2.504622944928791,
        "peer_best_share_pct": 28.855552871920338,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 2104.28,
        "distance_km": 4221.30419921875,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6152604339238477,
        "max_drawdown_pct": 84.34744956076074,
        "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": "MRT",
      "hs_code": 260111,
      "num_markets": 25,
      "highest_price_importer_iso3": "KOR",
      "highest_price_usd_per_ton": 1069.5035460992908,
      "lowest_price_importer_iso3": "CAN",
      "lowest_price_usd_per_ton": 10,
      "median_price_across_markets": 93.92088694339368,
      "price_spread_pct": 1128.0808567511249,
      "avg_quantity_metric_tons": 903315.2192394366,
      "total_trade_value_usd": 6316779686
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 696200183.4144708,
        "active_destinations": 10,
        "yoy_growth_pct": 13.469947732807693
      },
      {
        "year": 2011,
        "export_value_usd": 1241521525.8533034,
        "active_destinations": 9,
        "yoy_growth_pct": 78.32823883560872
      },
      {
        "year": 2012,
        "export_value_usd": 887333628.12307,
        "active_destinations": 9,
        "yoy_growth_pct": -28.528534572672708
      },
      {
        "year": 2013,
        "export_value_usd": 1268959672.1262672,
        "active_destinations": 9,
        "yoy_growth_pct": 43.008180002197214
      },
      {
        "year": 2014,
        "export_value_usd": 780703913.0463271,
        "active_destinations": 10,
        "yoy_growth_pct": -38.476853898896515
      },
      {
        "year": 2015,
        "export_value_usd": 453302883.8028213,
        "active_destinations": 8,
        "yoy_growth_pct": -41.93664509326954
      },
      {
        "year": 2016,
        "export_value_usd": 356464059.90441155,
        "active_destinations": 10,
        "yoy_growth_pct": -21.362940179426015
      },
      {
        "year": 2017,
        "export_value_usd": 621827746.0263507,
        "active_destinations": 8,
        "yoy_growth_pct": 74.44332149308359
      },
      {
        "year": 2018,
        "export_value_usd": 428142407.11575425,
        "active_destinations": 6,
        "yoy_growth_pct": -31.147747933137232
      },
      {
        "year": 2019,
        "export_value_usd": 791494113.1702011,
        "active_destinations": 11,
        "yoy_growth_pct": 84.86702088265918
      },
      {
        "year": 2020,
        "export_value_usd": 1073034204.4343773,
        "active_destinations": 14,
        "yoy_growth_pct": 35.570711971124226
      },
      {
        "year": 2021,
        "export_value_usd": 1784400786.1272755,
        "active_destinations": 18,
        "yoy_growth_pct": 66.2948654155789
      },
      {
        "year": 2022,
        "export_value_usd": 1382183725.7953262,
        "active_destinations": 23,
        "yoy_growth_pct": -22.540735436733907
      },
      {
        "year": 2023,
        "export_value_usd": 1465136296.13053,
        "active_destinations": 20,
        "yoy_growth_pct": 6.001558894601505
      },
      {
        "year": 2024,
        "export_value_usd": 1285354417.1147604,
        "active_destinations": 18,
        "yoy_growth_pct": -12.270659015859424
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "MRT",
      "exports_usd": 4420711752.467257,
      "imports_usd": 5502815791.906124,
      "trade_balance_usd": -1082104039.4388676,
      "yoy_exports_growth_pct": 2.6463781399999275,
      "yoy_imports_growth_pct": -11.599708793886032,
      "exports_cagr_3y_pct": 6.572014372695167,
      "imports_cagr_3y_pct": 1.1611279238983974,
      "export_partner_hhi": 1369.2095743452064,
      "export_product_hhi": 2271.2522268195066,
      "momentum_score": 3.8240690098084995,
      "risk_score": 18.202309005823565,
      "gdp_million_usd": 10908.045686880798,
      "gdp_per_capita_usd": 2110.120369381871,
      "population": 5169395,
      "labor_force": 1444.97,
      "investment_rate_pct": 38.36,
      "savings_rate_pct": 23.6,
      "secondary_education_pct": 25.32,
      "tertiary_education_pct": 1.68,
      "total_factor_productivity": 259.43,
      "trade_openness_pct": 137.2600020246037,
      "exports_gdp_pct": 61.14629111276986,
      "num_active_partners": 270,
      "num_fta_partners": 4,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 27,
      "avg_partner_distance_km": 7377.6954732510285,
      "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": 1.4814814814814816,
      "pct_partners_shared_language": 10,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": null,
      "avg_mfn_tariff_pct": null,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null,
      "avg_distance_all_partners_km": 7297.34420925165,
      "num_border_partners": 90,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -8.238796627729148,
      "pct_products_high_elasticity": 64.3270024772915,
      "pct_products_low_elasticity": 4.95458298926507,
      "real_market_potential": 127268.54488432159,
      "foreign_market_potential": 12912.024493456185
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "260111",
    "hs_description": "Iron ores and concentrates: non-agglomerated",
    "hs_chapter": 26,
    "hs_heading": 2601
  },
  "destinations": [
    {
      "hs_code": 260111,
      "corridor_rank": 19,
      "exporter_iso3": "MRT",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 803070622.5608097,
      "exports_all_year_avg_usd": 393945365.9953141,
      "exports_avg_3y_usd": 738180362.4255061,
      "exports_avg_5y_usd": 790229505.2240106,
      "exports_avg_10y_usd": 577316315.6129917,
      "exports_cagr_3y_pct": -8.840993276578535,
      "exports_cagr_5y_pct": 8.45762605176521,
      "exports_cagr_10y_pct": 3.793000413252723,
      "exports_historical_peak_usd": 1060119897.3238225,
      "buyer_imports_latest_observed_usd": 110980291468.60649,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 69.56521739130434,
      "trend_acceleration_pct": -12.633993689831257,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -2.5539,
      "buyer_yoy_all_avg_pct": 24.0931,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 0.7236155284273857,
      "market_share_change_1y_pp": 0.09347217582828449,
      "peer_best_share_pct": 63.842383502238086,
      "peer_top_exporter": "AUS",
      "supplier_count_latest": 72,
      "buyer_market_hhi": 4518.16,
      "distance_km": 11903.5888671875,
      "has_reported_fta": 0,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8038264939671566,
      "max_drawdown_pct": 99.9994390400882,
      "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": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
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