{
  "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/420229",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420229",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/420229",
    "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": "420229",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 103,
    "current_lane_count": 32,
    "active_market_count": 32,
    "exports_latest_observed_lanes_usd": 5377564.465942866,
    "exports_current_2024_usd": 2870990.0750738815,
    "exports_avg_3y_usd": 1902687.25903829,
    "exports_avg_5y_usd": 1947861.2556894012,
    "exports_avg_10y_usd": 3690136.652898825,
    "exports_cagr_3y_pct": 17.808377034416424,
    "exports_cagr_5y_pct": -10.472945323390526,
    "exports_cagr_10y_pct": -11.762657966577194,
    "exports_all_year_lane_avg_usd": 7762250.308610365,
    "exports_historical_lane_peak_usd": 24902160.472765666,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 29.571035000993618,
    "trend_label": "Rapid growth",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 1838415.6399753042,
    "top_market_share_pct": 34.18677082568398,
    "destination_hhi": 2284.2798986992166,
    "weighted_share_latest_pct": 24.51127666486817,
    "weighted_share_change_1y_pp": 12.173405516633588,
    "weighted_volatility_cv": 1.0480752413080494,
    "weighted_max_drawdown_pct": 89.4465542588409,
    "limited_history_lane_share_pct": 50.48543689320388,
    "data_freshness_years": 0,
    "coverage_score": 86,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 420229,
      "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of vulcanised fibre or of paperboard",
      "hs_chapter": 42,
      "hs_heading": 4202,
      "substitution_elasticity": -3.7800727,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of vulcanised fibre or of paperboard",
    "hs_chapter": 42,
    "hs_heading": 4202,
    "destinations": [
      {
        "hs_code": 420229,
        "corridor_rank": 75,
        "exporter_iso3": "PAN",
        "importer_iso3": "HKG",
        "latest_data_year": 2019,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 1838415.6399753042,
        "exports_all_year_avg_usd": 478750.23132015736,
        "exports_avg_3y_usd": 919680.7888964796,
        "exports_avg_5y_usd": 919680.7888964796,
        "exports_avg_10y_usd": 478750.23132015736,
        "exports_cagr_3y_pct": 193.02607344628044,
        "exports_cagr_5y_pct": 90.60915644048887,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 1838415.6399753042,
        "buyer_imports_latest_observed_usd": 30913656.702004954,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -11.5232,
        "buyer_yoy_all_avg_pct": 11.2631,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 3.76135217766965,
        "market_share_change_1y_pp": 3.7594066672836726,
        "peer_best_share_pct": 38.68722000903318,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 51,
        "buyer_market_hhi": 1967.86,
        "distance_km": 16253.7412109375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6408201262974305,
        "max_drawdown_pct": 98.70539381013641,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 420229,
      "num_markets": 36,
      "highest_price_importer_iso3": "FRA",
      "highest_price_usd_per_ton": 5048750,
      "lowest_price_importer_iso3": "CRI",
      "lowest_price_usd_per_ton": 964.2021060377235,
      "median_price_across_markets": 22308.96551724138,
      "price_spread_pct": 22626.71388322692,
      "avg_quantity_metric_tons": 9.673227272727273,
      "total_trade_value_usd": 7607958
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 7995716.72835424,
        "active_destinations": 42,
        "yoy_growth_pct": 1.4318435989199845
      },
      {
        "year": 2011,
        "export_value_usd": 10451830.619214585,
        "active_destinations": 53,
        "yoy_growth_pct": 30.71787025859141
      },
      {
        "year": 2012,
        "export_value_usd": 11358927.338138904,
        "active_destinations": 49,
        "yoy_growth_pct": 8.678831029434384
      },
      {
        "year": 2013,
        "export_value_usd": 11576619.677352775,
        "active_destinations": 56,
        "yoy_growth_pct": 1.916486766166233
      },
      {
        "year": 2014,
        "export_value_usd": 10034772.178372234,
        "active_destinations": 46,
        "yoy_growth_pct": -13.318633089388273
      },
      {
        "year": 2015,
        "export_value_usd": 8031347.885727212,
        "active_destinations": 42,
        "yoy_growth_pct": -19.964820895116752
      },
      {
        "year": 2016,
        "export_value_usd": 4404405.768833721,
        "active_destinations": 43,
        "yoy_growth_pct": -45.1598183580001
      },
      {
        "year": 2017,
        "export_value_usd": 4712395.195679954,
        "active_destinations": 48,
        "yoy_growth_pct": 6.992757775080934
      },
      {
        "year": 2018,
        "export_value_usd": 5022076.57988093,
        "active_destinations": 69,
        "yoy_growth_pct": 6.571634409713195
      },
      {
        "year": 2019,
        "export_value_usd": 4991834.820419425,
        "active_destinations": 65,
        "yoy_growth_pct": -0.6021763901939827
      },
      {
        "year": 2020,
        "export_value_usd": 2275330.7823451976,
        "active_destinations": 41,
        "yoy_growth_pct": -54.418948859489326
      },
      {
        "year": 2021,
        "export_value_usd": 1755913.718986938,
        "active_destinations": 38,
        "yoy_growth_pct": -22.828200074843323
      },
      {
        "year": 2022,
        "export_value_usd": 1304273.9674028654,
        "active_destinations": 30,
        "yoy_growth_pct": -25.72106742492125
      },
      {
        "year": 2023,
        "export_value_usd": 1532797.7346381233,
        "active_destinations": 32,
        "yoy_growth_pct": 17.521147622865286
      },
      {
        "year": 2024,
        "export_value_usd": 2870990.0750738815,
        "active_destinations": 32,
        "yoy_growth_pct": 87.30390906740809
      }
    ],
    "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": "420229",
    "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of vulcanised fibre or of paperboard",
    "hs_chapter": 42,
    "hs_heading": 4202
  },
  "destinations": [
    {
      "hs_code": 420229,
      "corridor_rank": 75,
      "exporter_iso3": "PAN",
      "importer_iso3": "HKG",
      "latest_data_year": 2019,
      "lane_data_years": 4,
      "exports_latest_observed_usd": 1838415.6399753042,
      "exports_all_year_avg_usd": 478750.23132015736,
      "exports_avg_3y_usd": 919680.7888964796,
      "exports_avg_5y_usd": 919680.7888964796,
      "exports_avg_10y_usd": 478750.23132015736,
      "exports_cagr_3y_pct": 193.02607344628044,
      "exports_cagr_5y_pct": 90.60915644048887,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 1838415.6399753042,
      "buyer_imports_latest_observed_usd": 30913656.702004954,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -11.5232,
      "buyer_yoy_all_avg_pct": 11.2631,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 3.76135217766965,
      "market_share_change_1y_pp": 3.7594066672836726,
      "peer_best_share_pct": 38.68722000903318,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 51,
      "buyer_market_hhi": 1967.86,
      "distance_km": 16253.7412109375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6408201262974305,
      "max_drawdown_pct": 98.70539381013641,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 420229,
    "num_markets": 36,
    "highest_price_importer_iso3": "FRA",
    "highest_price_usd_per_ton": 5048750,
    "lowest_price_importer_iso3": "CRI",
    "lowest_price_usd_per_ton": 964.2021060377235,
    "median_price_across_markets": 22308.96551724138,
    "price_spread_pct": 22626.71388322692,
    "avg_quantity_metric_tons": 9.673227272727273,
    "total_trade_value_usd": 7607958
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 7995716.72835424,
      "active_destinations": 42,
      "yoy_growth_pct": 1.4318435989199845
    },
    {
      "year": 2011,
      "export_value_usd": 10451830.619214585,
      "active_destinations": 53,
      "yoy_growth_pct": 30.71787025859141
    },
    {
      "year": 2012,
      "export_value_usd": 11358927.338138904,
      "active_destinations": 49,
      "yoy_growth_pct": 8.678831029434384
    },
    {
      "year": 2013,
      "export_value_usd": 11576619.677352775,
      "active_destinations": 56,
      "yoy_growth_pct": 1.916486766166233
    },
    {
      "year": 2014,
      "export_value_usd": 10034772.178372234,
      "active_destinations": 46,
      "yoy_growth_pct": -13.318633089388273
    },
    {
      "year": 2015,
      "export_value_usd": 8031347.885727212,
      "active_destinations": 42,
      "yoy_growth_pct": -19.964820895116752
    },
    {
      "year": 2016,
      "export_value_usd": 4404405.768833721,
      "active_destinations": 43,
      "yoy_growth_pct": -45.1598183580001
    },
    {
      "year": 2017,
      "export_value_usd": 4712395.195679954,
      "active_destinations": 48,
      "yoy_growth_pct": 6.992757775080934
    },
    {
      "year": 2018,
      "export_value_usd": 5022076.57988093,
      "active_destinations": 69,
      "yoy_growth_pct": 6.571634409713195
    },
    {
      "year": 2019,
      "export_value_usd": 4991834.820419425,
      "active_destinations": 65,
      "yoy_growth_pct": -0.6021763901939827
    },
    {
      "year": 2020,
      "export_value_usd": 2275330.7823451976,
      "active_destinations": 41,
      "yoy_growth_pct": -54.418948859489326
    },
    {
      "year": 2021,
      "export_value_usd": 1755913.718986938,
      "active_destinations": 38,
      "yoy_growth_pct": -22.828200074843323
    },
    {
      "year": 2022,
      "export_value_usd": 1304273.9674028654,
      "active_destinations": 30,
      "yoy_growth_pct": -25.72106742492125
    },
    {
      "year": 2023,
      "export_value_usd": 1532797.7346381233,
      "active_destinations": 32,
      "yoy_growth_pct": 17.521147622865286
    },
    {
      "year": 2024,
      "export_value_usd": 2870990.0750738815,
      "active_destinations": 32,
      "yoy_growth_pct": 87.30390906740809
    }
  ],
  "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
  }
}