{
  "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/260300",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/260300",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/260300",
    "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": "260300",
    "exporter_iso3": "PAN",
    "first_data_year": 2000,
    "latest_data_year": 2024,
    "observed_lane_count": 22,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 1678771996.3963823,
    "exports_current_2024_usd": 21487273.82879851,
    "exports_avg_3y_usd": 1847939053.8107893,
    "exports_avg_5y_usd": 1842527924.2467499,
    "exports_avg_10y_usd": 1384390960.4282415,
    "exports_cagr_3y_pct": -80.0352127557717,
    "exports_cagr_5y_pct": -46.06789684618761,
    "exports_cagr_10y_pct": 9.693707898171766,
    "exports_all_year_lane_avg_usd": 2100169818.456644,
    "exports_historical_lane_peak_usd": 3545969512.188488,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 55.55555555555556,
    "trend_acceleration_pct": -89.72892065394346,
    "trend_label": "Rapid decline",
    "top_market_iso3": "JPN",
    "top_market_exports_usd": 464318603.532835,
    "top_market_share_pct": 27.658229022733988,
    "destination_hhi": 1462.8658720206513,
    "weighted_share_latest_pct": 7.136564589814782,
    "weighted_share_change_1y_pp": 1.1063037576230903,
    "weighted_volatility_cv": 0.46741802928895426,
    "weighted_max_drawdown_pct": 22.100261280514296,
    "limited_history_lane_share_pct": 81.81818181818181,
    "data_freshness_years": 0,
    "coverage_score": 71.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 260300,
      "hs_description": "Copper ores and concentrates",
      "hs_chapter": 26,
      "hs_heading": 2603,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Copper ores and concentrates",
    "hs_chapter": 26,
    "hs_heading": 2603,
    "destinations": [
      {
        "hs_code": 260300,
        "corridor_rank": 41,
        "exporter_iso3": "PAN",
        "importer_iso3": "JPN",
        "latest_data_year": 2023,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 464318603.532835,
        "exports_all_year_avg_usd": 411863106.8761418,
        "exports_avg_3y_usd": 509186319.70140237,
        "exports_avg_5y_usd": 411863106.8761418,
        "exports_avg_10y_usd": 411863106.8761418,
        "exports_cagr_3y_pct": 57.038758605860785,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 574210153.5713722,
        "buyer_imports_latest_observed_usd": 12647304968.077278,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 16.7788,
        "buyer_yoy_all_avg_pct": 7.6315,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 4.287281667597169,
        "market_share_change_1y_pp": -0.28753254941624196,
        "peer_best_share_pct": 40.623560753165485,
        "peer_top_exporter": "CHL",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 2358.03,
        "distance_km": 13584.8603515625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019783297279095353,
        "tariff_advantage_pp": 0.02351164237190102,
        "volatility_cv": 0.4210818127824929,
        "max_drawdown_pct": 19.13786256739851,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['long_distance_without_fta','buyer_macro_weakness','limited_history']",
        "signal_flag": "Growing",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260300,
        "corridor_rank": 60,
        "exporter_iso3": "PAN",
        "importer_iso3": "KOR",
        "latest_data_year": 2023,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 246890635.17137977,
        "exports_all_year_avg_usd": 187533163.35418767,
        "exports_avg_3y_usd": 270857714.10731584,
        "exports_avg_5y_usd": 187533163.35418767,
        "exports_avg_10y_usd": 187533163.35418767,
        "exports_cagr_3y_pct": 29.40645478772459,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 332786873.6900966,
        "buyer_imports_latest_observed_usd": 4742964781.445455,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 75,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -14.5548,
        "buyer_yoy_all_avg_pct": 11.0323,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 4.447769098124762,
        "market_share_change_1y_pp": 0.6310871398191376,
        "peer_best_share_pct": 29.237722818340668,
        "peer_top_exporter": "CHL",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 1800.66,
        "distance_km": 14173.67578125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.14599928046464652,
        "tariff_advantage_pp": -0.4305041348020202,
        "volatility_cv": 0.5995257699774824,
        "max_drawdown_pct": 30.016580618695894,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260300,
        "corridor_rank": 71,
        "exporter_iso3": "PAN",
        "importer_iso3": "ESP",
        "latest_data_year": 2023,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 186008917.56140223,
        "exports_all_year_avg_usd": 191665237.3638989,
        "exports_avg_3y_usd": 238797185.17898062,
        "exports_avg_5y_usd": 191665237.3638989,
        "exports_avg_10y_usd": 191665237.3638989,
        "exports_cagr_3y_pct": 2.977073819486331,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 326840147.3655054,
        "buyer_imports_latest_observed_usd": 2479760395.4502854,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": null,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 8.4438,
        "buyer_yoy_all_avg_pct": 10.1875,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 8.134459963864783,
        "market_share_change_1y_pp": -1.9696526961384446,
        "peer_best_share_pct": 24.987646204228795,
        "peer_top_exporter": "PER",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 1942.58,
        "distance_km": 8170.16845703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.014538011574676771,
        "tariff_advantage_pp": 0.0476255467517399,
        "volatility_cv": 0.42589500051034895,
        "max_drawdown_pct": 43.088718120852995,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260300,
        "corridor_rank": 72,
        "exporter_iso3": "PAN",
        "importer_iso3": "IND",
        "latest_data_year": 2023,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 179569609.6972266,
        "exports_all_year_avg_usd": 135185080.2923367,
        "exports_avg_3y_usd": 171680443.58960822,
        "exports_avg_5y_usd": 135185080.2923367,
        "exports_avg_10y_usd": 135185080.2923367,
        "exports_cagr_3y_pct": 91.17844529644347,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 192653467.7200308,
        "buyer_imports_latest_observed_usd": 3615314174.2437525,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 27.7824,
        "buyer_yoy_all_avg_pct": 48.2101,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 6.346843297273732,
        "market_share_change_1y_pp": -0.39550927513521117,
        "peer_best_share_pct": 35.41140011330081,
        "peer_top_exporter": "CHL",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 2329.3,
        "distance_km": 15161.384765625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373735,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.4867332349680479,
        "max_drawdown_pct": 6.791395025299007,
        "attention_level": "High attention",
        "primary_risk_reason": "The lane has limited historical coverage",
        "risk_driver_labels": "['long_distance_without_fta','limited_history']",
        "signal_flag": "Growing",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260300,
        "corridor_rank": 80,
        "exporter_iso3": "PAN",
        "importer_iso3": "DEU",
        "latest_data_year": 2023,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 153208128.88559127,
        "exports_all_year_avg_usd": 117202043.36087641,
        "exports_avg_3y_usd": 162963530.0426948,
        "exports_avg_5y_usd": 117202043.36087641,
        "exports_avg_10y_usd": 117202043.36087641,
        "exports_cagr_3y_pct": 43.031184966712345,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 205940998.19527015,
        "buyer_imports_latest_observed_usd": 2318534219.066317,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 75,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -23.8492,
        "buyer_yoy_all_avg_pct": 9.052,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 5.03202332563474,
        "market_share_change_1y_pp": -0.21103218046140704,
        "peer_best_share_pct": 30.120879118768183,
        "peer_top_exporter": "BRA",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 1901.21,
        "distance_km": 8995.7802734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.014179435784876545,
        "tariff_advantage_pp": 0.047188841457461404,
        "volatility_cv": 0.522919890775922,
        "max_drawdown_pct": 37.000663207330824,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 260300,
        "corridor_rank": 85,
        "exporter_iso3": "PAN",
        "importer_iso3": "CAN",
        "latest_data_year": 2022,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 137879456.745,
        "exports_all_year_avg_usd": 68945489.96483965,
        "exports_avg_3y_usd": 68945489.96483965,
        "exports_avg_5y_usd": 68945489.96483965,
        "exports_avg_10y_usd": 68945489.96483965,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 137879456.745,
        "buyer_imports_latest_observed_usd": 755703524.9280146,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": 1.5272,
        "buyer_yoy_all_avg_pct": 8.0031,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 13.196417350096354,
        "market_share_change_1y_pp": 13.19486307940221,
        "peer_best_share_pct": 70.41909480735448,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 5151.69,
        "distance_km": 3862.099609375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.05034004172931312,
        "tariff_advantage_pp": 0.035358822116,
        "volatility_cv": 0.99983286528698,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 260300,
      "num_markets": 15,
      "highest_price_importer_iso3": "AUT",
      "highest_price_usd_per_ton": 37500,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 1045.000752581354,
      "median_price_across_markets": 2010.9518978907101,
      "price_spread_pct": 1812.8230359789477,
      "avg_quantity_metric_tons": 118207.44151515153,
      "total_trade_value_usd": 7754484033
    },
    "history": [
      {
        "year": 2000,
        "export_value_usd": 4654.770351469802,
        "active_destinations": 2
      },
      {
        "year": 2003,
        "export_value_usd": 295.80841665363556,
        "active_destinations": 1,
        "yoy_growth_pct": -93.64504810510726
      },
      {
        "year": 2014,
        "export_value_usd": 8518520.044116976,
        "active_destinations": 1,
        "yoy_growth_pct": 2879642.280657071
      },
      {
        "year": 2015,
        "export_value_usd": 7179920.446203158,
        "active_destinations": 2,
        "yoy_growth_pct": -15.713992465607632
      },
      {
        "year": 2019,
        "export_value_usd": 470917181.3177386,
        "active_destinations": 6,
        "yoy_growth_pct": 6458.807786885245
      },
      {
        "year": 2020,
        "export_value_usd": 968676388.9501567,
        "active_destinations": 8,
        "yoy_growth_pct": 105.69994627071561
      },
      {
        "year": 2021,
        "export_value_usd": 2700146070.8512244,
        "active_destinations": 10,
        "yoy_growth_pct": 178.7459363779497
      },
      {
        "year": 2022,
        "export_value_usd": 2769218512.372559,
        "active_destinations": 9,
        "yoy_growth_pct": 2.5581001808379753
      },
      {
        "year": 2023,
        "export_value_usd": 2753111375.23101,
        "active_destinations": 10,
        "yoy_growth_pct": -0.5816491934307177
      },
      {
        "year": 2024,
        "export_value_usd": 21487273.82879851,
        "active_destinations": 3,
        "yoy_growth_pct": -99.21952762165333
      }
    ],
    "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": "260300",
    "hs_description": "Copper ores and concentrates",
    "hs_chapter": 26,
    "hs_heading": 2603
  },
  "destinations": [
    {
      "hs_code": 260300,
      "corridor_rank": 41,
      "exporter_iso3": "PAN",
      "importer_iso3": "JPN",
      "latest_data_year": 2023,
      "lane_data_years": 4,
      "exports_latest_observed_usd": 464318603.532835,
      "exports_all_year_avg_usd": 411863106.8761418,
      "exports_avg_3y_usd": 509186319.70140237,
      "exports_avg_5y_usd": 411863106.8761418,
      "exports_avg_10y_usd": 411863106.8761418,
      "exports_cagr_3y_pct": 57.038758605860785,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 574210153.5713722,
      "buyer_imports_latest_observed_usd": 12647304968.077278,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 16.7788,
      "buyer_yoy_all_avg_pct": 7.6315,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 4.287281667597169,
      "market_share_change_1y_pp": -0.28753254941624196,
      "peer_best_share_pct": 40.623560753165485,
      "peer_top_exporter": "CHL",
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