{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/pan/150420",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/150420",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/150420",
    "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": "150420",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 34,
    "current_lane_count": 7,
    "active_market_count": 7,
    "exports_latest_observed_lanes_usd": 80114448.79795745,
    "exports_current_2024_usd": 73022980.09971914,
    "exports_avg_3y_usd": 58378865.783698566,
    "exports_avg_5y_usd": 42265025.37049757,
    "exports_avg_10y_usd": 28145031.22689733,
    "exports_cagr_3y_pct": 92.42007720351242,
    "exports_cagr_5y_pct": 21.89325224127534,
    "exports_cagr_10y_pct": 17.027311082630312,
    "exports_all_year_lane_avg_usd": 29418316.437775157,
    "exports_historical_lane_peak_usd": 131853057.68003902,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 75.3927661208821,
    "trend_label": "Rapid growth",
    "top_market_iso3": "NOR",
    "top_market_exports_usd": 51058499.47180842,
    "top_market_share_pct": 63.73194877814622,
    "destination_hhi": 4687.185590542255,
    "weighted_share_latest_pct": 6.941502112992828,
    "weighted_share_change_1y_pp": -0.39556058634518715,
    "weighted_volatility_cv": 1.3421098525295607,
    "weighted_max_drawdown_pct": 64.6059950770897,
    "limited_history_lane_share_pct": 67.6470588235294,
    "data_freshness_years": 0,
    "coverage_score": 73.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 150420,
      "hs_description": "Fats and oils and their fractions: of fish, (excluding liver-oils)",
      "hs_chapter": 15,
      "hs_heading": 1504,
      "substitution_elasticity": -1.9647191,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Fats and oils and their fractions: of fish, (excluding liver-oils)",
    "hs_chapter": 15,
    "hs_heading": 1504,
    "destinations": [
      {
        "hs_code": 150420,
        "corridor_rank": 19,
        "exporter_iso3": "PAN",
        "importer_iso3": "NOR",
        "latest_data_year": 2024,
        "lane_data_years": 16,
        "exports_latest_observed_usd": 51058499.47180842,
        "exports_all_year_avg_usd": 9815631.969158083,
        "exports_avg_3y_usd": 30850967.04781246,
        "exports_avg_5y_usd": 22435709.75424608,
        "exports_avg_10y_usd": 14212779.1716436,
        "exports_cagr_3y_pct": 84.61905828732161,
        "exports_cagr_5y_pct": 43.5451032645578,
        "exports_cagr_10y_pct": 18.99821491003557,
        "exports_historical_peak_usd": 51058499.47180842,
        "buyer_imports_latest_observed_usd": 921529725.1995463,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 73.33333333333333,
        "trend_acceleration_pct": 65.62084337728604,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 17.4913,
        "buyer_yoy_all_avg_pct": 11.7491,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 5.54062425503988,
        "market_share_change_1y_pp": 0.824973691604816,
        "peer_best_share_pct": 33.53333552789631,
        "peer_top_exporter": "DNK",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 1591.82,
        "distance_km": 9169.76953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02441959163648889,
        "tariff_advantage_pp": 0.0015776094266343396,
        "volatility_cv": 1.3820832198467257,
        "max_drawdown_pct": 60.84168618740944,
        "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"
      },
      {
        "hs_code": 150420,
        "corridor_rank": 53,
        "exporter_iso3": "PAN",
        "importer_iso3": "DNK",
        "latest_data_year": 2024,
        "lane_data_years": 18,
        "exports_latest_observed_usd": 19811290.54333944,
        "exports_all_year_avg_usd": 7956664.332629308,
        "exports_avg_3y_usd": 36917356.097456634,
        "exports_avg_5y_usd": 20467079.75524128,
        "exports_avg_10y_usd": 12336574.058717446,
        "exports_cagr_3y_pct": 151.3734127228145,
        "exports_cagr_5y_pct": 16.21797769156661,
        "exports_cagr_10y_pct": 12.490858520339598,
        "exports_historical_peak_usd": 54023421.65157382,
        "buyer_imports_latest_observed_usd": 172181256.87129033,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 52.94117647058823,
        "trend_acceleration_pct": 138.8825542024749,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -47.1137,
        "buyer_yoy_all_avg_pct": 18.3036,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 11.5060668642632,
        "market_share_change_1y_pp": -5.087477935530128,
        "peer_best_share_pct": 17.474985478655654,
        "peer_top_exporter": "NOR",
        "supplier_count_latest": 34,
        "buyer_market_hhi": 1132.38,
        "distance_km": 9325.4990234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.014538011574676771,
        "tariff_advantage_pp": 0.0476255467517399,
        "volatility_cv": 1.5029750912193895,
        "max_drawdown_pct": 86.65223517553218,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 150420,
      "num_markets": 16,
      "highest_price_importer_iso3": "FIN",
      "highest_price_usd_per_ton": 6160337.5,
      "lowest_price_importer_iso3": "BEL",
      "lowest_price_usd_per_ton": 413.28228796807656,
      "median_price_across_markets": 1923,
      "price_spread_pct": 320328.87247592467,
      "avg_quantity_metric_tons": 1876.918268292683,
      "total_trade_value_usd": 210639635
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 996753.0517534674,
        "active_destinations": 2,
        "yoy_growth_pct": -83.86116981602918
      },
      {
        "year": 2011,
        "export_value_usd": 2466504.578315889,
        "active_destinations": 3,
        "yoy_growth_pct": 147.4539279289755
      },
      {
        "year": 2012,
        "export_value_usd": 6706243.4056272395,
        "active_destinations": 4,
        "yoy_growth_pct": 171.89259912934003
      },
      {
        "year": 2013,
        "export_value_usd": 12572721.926657587,
        "active_destinations": 5,
        "yoy_growth_pct": 87.47786452409048
      },
      {
        "year": 2014,
        "export_value_usd": 15156093.938366275,
        "active_destinations": 6,
        "yoy_growth_pct": 20.547436162023413
      },
      {
        "year": 2015,
        "export_value_usd": 9719985.9858899,
        "active_destinations": 7,
        "yoy_growth_pct": -35.86747333833397
      },
      {
        "year": 2016,
        "export_value_usd": 9354686.359639954,
        "active_destinations": 6,
        "yoy_growth_pct": -3.758232026056796
      },
      {
        "year": 2017,
        "export_value_usd": 10527881.500931527,
        "active_destinations": 7,
        "yoy_growth_pct": 12.541255753407516
      },
      {
        "year": 2018,
        "export_value_usd": 13385669.38080774,
        "active_destinations": 6,
        "yoy_growth_pct": 27.144947249105627
      },
      {
        "year": 2019,
        "export_value_usd": 27136962.189216286,
        "active_destinations": 9,
        "yoy_growth_pct": 102.731454193281
      },
      {
        "year": 2020,
        "export_value_usd": 25938894.523980733,
        "active_destinations": 10,
        "yoy_growth_pct": -4.414892340866518
      },
      {
        "year": 2021,
        "export_value_usd": 10249634.977411434,
        "active_destinations": 9,
        "yoy_growth_pct": -60.48545951742255
      },
      {
        "year": 2022,
        "export_value_usd": 5693160.797521871,
        "active_destinations": 6,
        "yoy_growth_pct": -44.45498976237991
      },
      {
        "year": 2023,
        "export_value_usd": 96420456.4538547,
        "active_destinations": 8,
        "yoy_growth_pct": 1593.6190612396679
      },
      {
        "year": 2024,
        "export_value_usd": 73022980.09971914,
        "active_destinations": 7,
        "yoy_growth_pct": -24.266091672500245
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "PAN",
      "exports_usd": 4776092707.907606,
      "imports_usd": 56181081033.7617,
      "trade_balance_usd": -51404988325.854095,
      "yoy_exports_growth_pct": -26.016171425007517,
      "yoy_imports_growth_pct": 8.830521956779403,
      "exports_cagr_3y_pct": -10.588650551656464,
      "imports_cagr_3y_pct": 10.528496118704723,
      "export_partner_hhi": 571.1465464602909,
      "export_product_hhi": 149.8340831480996,
      "momentum_score": -21.387915163002198,
      "risk_score": 3.604903148041952,
      "gdp_million_usd": 86523.9591317472,
      "gdp_per_capita_usd": 19161.218850159614,
      "population": 4515577,
      "labor_force": 2258.4,
      "investment_rate_pct": 37.8,
      "savings_rate_pct": 37.61,
      "secondary_education_pct": 73.47,
      "tertiary_education_pct": 26.2,
      "total_factor_productivity": 1018.94,
      "trade_openness_pct": 84.47716141037019,
      "exports_gdp_pct": 6.6189216105502755,
      "num_active_partners": 270,
      "num_fta_partners": 44,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 2,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 9853.493827160493,
      "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": 16.296296296296298,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 0.7407407407407408,
      "avg_applied_tariff_pct": 0.13253318236603243,
      "avg_mfn_tariff_pct": 0.13746985988395188,
      "avg_preferential_tariff_pct": 0.04896482959678125,
      "tariff_advantage_pp": 0.08850503028717063,
      "avg_distance_all_partners_km": 9641.75271977036,
      "num_border_partners": 60,
      "num_colonial_partners": 30,
      "avg_substitution_elasticity": -9.147001229075832,
      "pct_products_high_elasticity": 71.6931216931217,
      "pct_products_low_elasticity": 3.262786596119929,
      "real_market_potential": 87694.64360099618,
      "foreign_market_potential": 9528.286969909099
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "150420",
    "hs_description": "Fats and oils and their fractions: of fish, (excluding liver-oils)",
    "hs_chapter": 15,
    "hs_heading": 1504
  },
  "destinations": [
    {
      "hs_code": 150420,
      "corridor_rank": 19,
      "exporter_iso3": "PAN",
      "importer_iso3": "NOR",
      "latest_data_year": 2024,
      "lane_data_years": 16,
      "exports_latest_observed_usd": 51058499.47180842,
      "exports_all_year_avg_usd": 9815631.969158083,
      "exports_avg_3y_usd": 30850967.04781246,
      "exports_avg_5y_usd": 22435709.75424608,
      "exports_avg_10y_usd": 14212779.1716436,
      "exports_cagr_3y_pct": 84.61905828732161,
      "exports_cagr_5y_pct": 43.5451032645578,
      "exports_cagr_10y_pct": 18.99821491003557,
      "exports_historical_peak_usd": 51058499.47180842,
      "buyer_imports_latest_observed_usd": 921529725.1995463,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 73.33333333333333,
      "trend_acceleration_pct": 65.62084337728604,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 17.4913,
      "buyer_yoy_all_avg_pct": 11.7491,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 5.54062425503988,
      "market_share_change_1y_pp": 0.824973691604816,
      "peer_best_share_pct": 33.53333552789631,
      "peer_top_exporter": "DNK",
      "supplier_count_latest": 41,
      "buyer_market_hhi": 1591.82,
      "distance_km": 9169.76953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02441959163648889,
      "tariff_advantage_pp": 0.0015776094266343396,
      "volatility_cv": 1.3820832198467257,
      "max_drawdown_pct": 60.84168618740944,
      "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"
    },
    {
      "hs_code": 150420,
      "corridor_rank": 53,
      "exporter_iso3": "PAN",
      "importer_iso3": "DNK",
      "latest_data_year": 2024,
      "lane_data_years": 18,
      "exports_latest_observed_usd": 19811290.54333944,
      "exports_all_year_avg_usd": 7956664.332629308,
      "exports_avg_3y_usd": 36917356.097456634,
      "exports_avg_5y_usd": 20467079.75524128,
      "exports_avg_10y_usd": 12336574.058717446,
      "exports_cagr_3y_pct": 151.3734127228145,
      "exports_cagr_5y_pct": 16.21797769156661,
      "exports_cagr_10y_pct": 12.490858520339598,
      "exports_historical_peak_usd": 54023421.65157382,
      "buyer_imports_latest_observed_usd": 172181256.87129033,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 52.94117647058823,
      "trend_acceleration_pct": 138.8825542024749,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -47.1137,
      "buyer_yoy_all_avg_pct": 18.3036,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 11.5060668642632,
      "market_share_change_1y_pp": -5.087477935530128,
      "peer_best_share_pct": 17.474985478655654,
      "peer_top_exporter": "NOR",
      "supplier_count_latest": 34,
      "buyer_market_hhi": 1132.38,
      "distance_km": 9325.4990234375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.014538011574676771,
      "tariff_advantage_pp": 0.0476255467517399,
      "volatility_cv": 1.5029750912193895,
      "max_drawdown_pct": 86.65223517553218,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 150420,
    "num_markets": 16,
    "highest_price_importer_iso3": "FIN",
    "highest_price_usd_per_ton": 6160337.5,
    "lowest_price_importer_iso3": "BEL",
    "lowest_price_usd_per_ton": 413.28228796807656,
    "median_price_across_markets": 1923,
    "price_spread_pct": 320328.87247592467,
    "avg_quantity_metric_tons": 1876.918268292683,
    "total_trade_value_usd": 210639635
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 996753.0517534674,
      "active_destinations": 2,
      "yoy_growth_pct": -83.86116981602918
    },
    {
      "year": 2011,
      "export_value_usd": 2466504.578315889,
      "active_destinations": 3,
      "yoy_growth_pct": 147.4539279289755
    },
    {
      "year": 2012,
      "export_value_usd": 6706243.4056272395,
      "active_destinations": 4,
      "yoy_growth_pct": 171.89259912934003
    },
    {
      "year": 2013,
      "export_value_usd": 12572721.926657587,
      "active_destinations": 5,
      "yoy_growth_pct": 87.47786452409048
    },
    {
      "year": 2014,
      "export_value_usd": 15156093.938366275,
      "active_destinations": 6,
      "yoy_growth_pct": 20.547436162023413
    },
    {
      "year": 2015,
      "export_value_usd": 9719985.9858899,
      "active_destinations": 7,
      "yoy_growth_pct": -35.86747333833397
    },
    {
      "year": 2016,
      "export_value_usd": 9354686.359639954,
      "active_destinations": 6,
      "yoy_growth_pct": -3.758232026056796
    },
    {
      "year": 2017,
      "export_value_usd": 10527881.500931527,
      "active_destinations": 7,
      "yoy_growth_pct": 12.541255753407516
    },
    {
      "year": 2018,
      "export_value_usd": 13385669.38080774,
      "active_destinations": 6,
      "yoy_growth_pct": 27.144947249105627
    },
    {
      "year": 2019,
      "export_value_usd": 27136962.189216286,
      "active_destinations": 9,
      "yoy_growth_pct": 102.731454193281
    },
    {
      "year": 2020,
      "export_value_usd": 25938894.523980733,
      "active_destinations": 10,
      "yoy_growth_pct": -4.414892340866518
    },
    {
      "year": 2021,
      "export_value_usd": 10249634.977411434,
      "active_destinations": 9,
      "yoy_growth_pct": -60.48545951742255
    },
    {
      "year": 2022,
      "export_value_usd": 5693160.797521871,
      "active_destinations": 6,
      "yoy_growth_pct": -44.45498976237991
    },
    {
      "year": 2023,
      "export_value_usd": 96420456.4538547,
      "active_destinations": 8,
      "yoy_growth_pct": 1593.6190612396679
    },
    {
      "year": 2024,
      "export_value_usd": 73022980.09971914,
      "active_destinations": 7,
      "yoy_growth_pct": -24.266091672500245
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "PAN",
    "exports_usd": 4776092707.907606,
    "imports_usd": 56181081033.7617,
    "trade_balance_usd": -51404988325.854095,
    "yoy_exports_growth_pct": -26.016171425007517,
    "yoy_imports_growth_pct": 8.830521956779403,
    "exports_cagr_3y_pct": -10.588650551656464,
    "imports_cagr_3y_pct": 10.528496118704723,
    "export_partner_hhi": 571.1465464602909,
    "export_product_hhi": 149.8340831480996,
    "momentum_score": -21.387915163002198,
    "risk_score": 3.604903148041952,
    "gdp_million_usd": 86523.9591317472,
    "gdp_per_capita_usd": 19161.218850159614,
    "population": 4515577,
    "labor_force": 2258.4,
    "investment_rate_pct": 37.8,
    "savings_rate_pct": 37.61,
    "secondary_education_pct": 73.47,
    "tertiary_education_pct": 26.2,
    "total_factor_productivity": 1018.94,
    "trade_openness_pct": 84.47716141037019,
    "exports_gdp_pct": 6.6189216105502755,
    "num_active_partners": 270,
    "num_fta_partners": 44,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 2,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 9853.493827160493,
    "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": 16.296296296296298,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 0.7407407407407408,
    "avg_applied_tariff_pct": 0.13253318236603243,
    "avg_mfn_tariff_pct": 0.13746985988395188,
    "avg_preferential_tariff_pct": 0.04896482959678125,
    "tariff_advantage_pp": 0.08850503028717063,
    "avg_distance_all_partners_km": 9641.75271977036,
    "num_border_partners": 60,
    "num_colonial_partners": 30,
    "avg_substitution_elasticity": -9.147001229075832,
    "pct_products_high_elasticity": 71.6931216931217,
    "pct_products_low_elasticity": 3.262786596119929,
    "real_market_potential": 87694.64360099618,
    "foreign_market_potential": 9528.286969909099
  }
}