{
  "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/420340",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420340",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/420340",
    "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": "420340",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 77,
    "current_lane_count": 12,
    "active_market_count": 12,
    "exports_latest_observed_lanes_usd": 275930.8039351331,
    "exports_current_2024_usd": 79646.87449471386,
    "exports_avg_3y_usd": 72927.21702226589,
    "exports_avg_5y_usd": 60444.845966954155,
    "exports_avg_10y_usd": 44595.886881153376,
    "exports_cagr_3y_pct": -0.2154849884149157,
    "exports_cagr_5y_pct": 4.061725631862889,
    "exports_cagr_10y_pct": -11.781004965200504,
    "exports_all_year_lane_avg_usd": 259375.3703878792,
    "exports_historical_lane_peak_usd": 1329183.1860731433,
    "historical_peak_year": 2006,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": 11.565519976785588,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 62328.171573037194,
    "top_market_share_pct": 22.588333989593114,
    "destination_hhi": 1457.3296961177423,
    "weighted_share_latest_pct": 25.329934815923004,
    "weighted_share_change_1y_pp": 11.066033916149308,
    "weighted_volatility_cv": 1.8739877694765157,
    "weighted_max_drawdown_pct": 79.2945572798714,
    "limited_history_lane_share_pct": 55.84415584415584,
    "data_freshness_years": 0,
    "coverage_score": 76,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 420340,
      "hs_description": "Clothing accessories: of leather or of composition leather, n.e.c. in heading no. 4203",
      "hs_chapter": 42,
      "hs_heading": 4203,
      "substitution_elasticity": -3.9029508,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Clothing accessories: of leather or of composition leather, n.e.c. in heading no. 4203",
    "hs_chapter": 42,
    "hs_heading": 4203,
    "destinations": [
      {
        "hs_code": 420340,
        "corridor_rank": 56,
        "exporter_iso3": "PAN",
        "importer_iso3": "USA",
        "latest_data_year": 2021,
        "lane_data_years": 6,
        "exports_latest_observed_usd": 62328.171573037194,
        "exports_all_year_avg_usd": 21349.455085821883,
        "exports_avg_3y_usd": 62328.171573037194,
        "exports_avg_5y_usd": 62328.171573037194,
        "exports_avg_10y_usd": 23577.195584919857,
        "exports_cagr_3y_pct": 97.01959206286259,
        "exports_cagr_5y_pct": 50.21235304583753,
        "exports_cagr_10y_pct": 48.2734358362386,
        "exports_historical_peak_usd": 62328.171573037194,
        "buyer_imports_latest_observed_usd": 16667670.36553707,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": 48.74615622662399,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -23.2606,
        "buyer_yoy_all_avg_pct": 4.2673,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 0.26329358137886705,
        "market_share_change_1y_pp": 0.21043901500515905,
        "peer_best_share_pct": 24.09801219611816,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 79,
        "buyer_market_hhi": 1143.29,
        "distance_km": 3580.7890625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.012272564239271515,
        "tariff_advantage_pp": 0.042311095194064646,
        "volatility_cv": 1.237110583113013,
        "max_drawdown_pct": 99.53452299104497,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Stable",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 420340,
      "num_markets": 13,
      "highest_price_importer_iso3": "CUB",
      "highest_price_usd_per_ton": 471912.40875912405,
      "lowest_price_importer_iso3": "JAM",
      "lowest_price_usd_per_ton": 159,
      "median_price_across_markets": 22423.076923076926,
      "price_spread_pct": 2103.874550212217,
      "avg_quantity_metric_tons": 0.15324999999999997,
      "total_trade_value_usd": 242055
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 109085.01674906883,
        "active_destinations": 26,
        "yoy_growth_pct": 60.3965807002525
      },
      {
        "year": 2011,
        "export_value_usd": 279280.8630966052,
        "active_destinations": 44,
        "yoy_growth_pct": 156.02128635048237
      },
      {
        "year": 2012,
        "export_value_usd": 289400.9241782857,
        "active_destinations": 45,
        "yoy_growth_pct": 3.6236142245736076
      },
      {
        "year": 2013,
        "export_value_usd": 182526.3912948271,
        "active_destinations": 42,
        "yoy_growth_pct": -36.92957553156204
      },
      {
        "year": 2014,
        "export_value_usd": 278963.68851406436,
        "active_destinations": 46,
        "yoy_growth_pct": 52.8347142213896
      },
      {
        "year": 2015,
        "export_value_usd": 37110.18328407452,
        "active_destinations": 14,
        "yoy_growth_pct": -86.6971276864933
      },
      {
        "year": 2016,
        "export_value_usd": 17653.075624655434,
        "active_destinations": 12,
        "yoy_growth_pct": -52.43064285206297
      },
      {
        "year": 2017,
        "export_value_usd": 16174.70258090969,
        "active_destinations": 11,
        "yoy_growth_pct": -8.37459191349609
      },
      {
        "year": 2018,
        "export_value_usd": 7526.676277780826,
        "active_destinations": 12,
        "yoy_growth_pct": -53.466369844325655
      },
      {
        "year": 2019,
        "export_value_usd": 65270.00120934253,
        "active_destinations": 15,
        "yoy_growth_pct": 767.1822568219557
      },
      {
        "year": 2020,
        "export_value_usd": 3278.596120016072,
        "active_destinations": 7,
        "yoy_growth_pct": -94.9768713662184
      },
      {
        "year": 2021,
        "export_value_usd": 80163.98264795706,
        "active_destinations": 8,
        "yoy_growth_pct": 2345.070381147285
      },
      {
        "year": 2022,
        "export_value_usd": 9799.305883898294,
        "active_destinations": 6,
        "yoy_growth_pct": -87.77592434880351
      },
      {
        "year": 2023,
        "export_value_usd": 129335.47068818551,
        "active_destinations": 5,
        "yoy_growth_pct": 1219.8431829819986
      },
      {
        "year": 2024,
        "export_value_usd": 79646.87449471386,
        "active_destinations": 12,
        "yoy_growth_pct": -38.41838277549222
      }
    ],
    "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": "420340",
    "hs_description": "Clothing accessories: of leather or of composition leather, n.e.c. in heading no. 4203",
    "hs_chapter": 42,
    "hs_heading": 4203
  },
  "destinations": [
    {
      "hs_code": 420340,
      "corridor_rank": 56,
      "exporter_iso3": "PAN",
      "importer_iso3": "USA",
      "latest_data_year": 2021,
      "lane_data_years": 6,
      "exports_latest_observed_usd": 62328.171573037194,
      "exports_all_year_avg_usd": 21349.455085821883,
      "exports_avg_3y_usd": 62328.171573037194,
      "exports_avg_5y_usd": 62328.171573037194,
      "exports_avg_10y_usd": 23577.195584919857,
      "exports_cagr_3y_pct": 97.01959206286259,
      "exports_cagr_5y_pct": 50.21235304583753,
      "exports_cagr_10y_pct": 48.2734358362386,
      "exports_historical_peak_usd": 62328.171573037194,
      "buyer_imports_latest_observed_usd": 16667670.36553707,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 40,
      "trend_acceleration_pct": 48.74615622662399,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -23.2606,
      "buyer_yoy_all_avg_pct": 4.2673,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 0.26329358137886705,
      "market_share_change_1y_pp": 0.21043901500515905,
      "peer_best_share_pct": 24.09801219611816,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 79,
      "buyer_market_hhi": 1143.29,
      "distance_km": 3580.7890625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.012272564239271515,
      "tariff_advantage_pp": 0.042311095194064646,
      "volatility_cv": 1.237110583113013,
      "max_drawdown_pct": 99.53452299104497,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Stable",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 420340,
    "num_markets": 13,
    "highest_price_importer_iso3": "CUB",
    "highest_price_usd_per_ton": 471912.40875912405,
    "lowest_price_importer_iso3": "JAM",
    "lowest_price_usd_per_ton": 159,
    "median_price_across_markets": 22423.076923076926,
    "price_spread_pct": 2103.874550212217,
    "avg_quantity_metric_tons": 0.15324999999999997,
    "total_trade_value_usd": 242055
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 109085.01674906883,
      "active_destinations": 26,
      "yoy_growth_pct": 60.3965807002525
    },
    {
      "year": 2011,
      "export_value_usd": 279280.8630966052,
      "active_destinations": 44,
      "yoy_growth_pct": 156.02128635048237
    },
    {
      "year": 2012,
      "export_value_usd": 289400.9241782857,
      "active_destinations": 45,
      "yoy_growth_pct": 3.6236142245736076
    },
    {
      "year": 2013,
      "export_value_usd": 182526.3912948271,
      "active_destinations": 42,
      "yoy_growth_pct": -36.92957553156204
    },
    {
      "year": 2014,
      "export_value_usd": 278963.68851406436,
      "active_destinations": 46,
      "yoy_growth_pct": 52.8347142213896
    },
    {
      "year": 2015,
      "export_value_usd": 37110.18328407452,
      "active_destinations": 14,
      "yoy_growth_pct": -86.6971276864933
    },
    {
      "year": 2016,
      "export_value_usd": 17653.075624655434,
      "active_destinations": 12,
      "yoy_growth_pct": -52.43064285206297
    },
    {
      "year": 2017,
      "export_value_usd": 16174.70258090969,
      "active_destinations": 11,
      "yoy_growth_pct": -8.37459191349609
    },
    {
      "year": 2018,
      "export_value_usd": 7526.676277780826,
      "active_destinations": 12,
      "yoy_growth_pct": -53.466369844325655
    },
    {
      "year": 2019,
      "export_value_usd": 65270.00120934253,
      "active_destinations": 15,
      "yoy_growth_pct": 767.1822568219557
    },
    {
      "year": 2020,
      "export_value_usd": 3278.596120016072,
      "active_destinations": 7,
      "yoy_growth_pct": -94.9768713662184
    },
    {
      "year": 2021,
      "export_value_usd": 80163.98264795706,
      "active_destinations": 8,
      "yoy_growth_pct": 2345.070381147285
    },
    {
      "year": 2022,
      "export_value_usd": 9799.305883898294,
      "active_destinations": 6,
      "yoy_growth_pct": -87.77592434880351
    },
    {
      "year": 2023,
      "export_value_usd": 129335.47068818551,
      "active_destinations": 5,
      "yoy_growth_pct": 1219.8431829819986
    },
    {
      "year": 2024,
      "export_value_usd": 79646.87449471386,
      "active_destinations": 12,
      "yoy_growth_pct": -38.41838277549222
    }
  ],
  "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
  }
}