{
  "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/620711",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/620711",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/620711",
    "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": "620711",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 118,
    "current_lane_count": 14,
    "active_market_count": 14,
    "exports_latest_observed_lanes_usd": 2317953.6974731735,
    "exports_current_2024_usd": 541566.8980679087,
    "exports_avg_3y_usd": 327668.7568977575,
    "exports_avg_5y_usd": 638248.7407143046,
    "exports_avg_10y_usd": 1841822.3249109047,
    "exports_cagr_3y_pct": 37.08505246978741,
    "exports_cagr_5y_pct": -24.215827508406917,
    "exports_cagr_10y_pct": -20.99230967480078,
    "exports_all_year_lane_avg_usd": 4779747.666471937,
    "exports_historical_lane_peak_usd": 22351130.057541188,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 58.07736214458819,
    "trend_label": "Rapid growth",
    "top_market_iso3": "HTI",
    "top_market_exports_usd": 619782,
    "top_market_share_pct": 26.738325302857906,
    "destination_hhi": 1353.2247875930393,
    "weighted_share_latest_pct": 64.41060133891516,
    "weighted_share_change_1y_pp": 17.158442637160746,
    "weighted_volatility_cv": 0.8123203936022788,
    "weighted_max_drawdown_pct": 70.38787347357678,
    "limited_history_lane_share_pct": 62.71186440677966,
    "data_freshness_years": 0,
    "coverage_score": 77,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 620711,
      "hs_description": "Underpants and briefs: men\\'s or boys\\', of cotton (not knitted or crocheted)",
      "hs_chapter": 62,
      "hs_heading": 6207,
      "substitution_elasticity": -4.2780323,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Underpants and briefs: men\\'s or boys\\', of cotton (not knitted or crocheted)",
    "hs_chapter": 62,
    "hs_heading": 6207,
    "destinations": [
      {
        "hs_code": 620711,
        "corridor_rank": 90,
        "exporter_iso3": "PAN",
        "importer_iso3": "DEU",
        "latest_data_year": 2019,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 82400.77787974059,
        "exports_all_year_avg_usd": 46037.49161681066,
        "exports_avg_3y_usd": 82400.77787974059,
        "exports_avg_5y_usd": 63386.4739804801,
        "exports_avg_10y_usd": 46037.49161681066,
        "exports_cagr_3y_pct": 49.73071701233698,
        "exports_cagr_5y_pct": 16.33797214459909,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 83211.6341098,
        "buyer_imports_latest_observed_usd": 38866937.03406458,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 75,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -14.3386,
        "buyer_yoy_all_avg_pct": 3.9933,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.2169816826856546,
        "market_share_change_1y_pp": 0.15221177546623,
        "peer_best_share_pct": 32.97040293509666,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 85,
        "buyer_market_hhi": 1816.38,
        "distance_km": 8995.7802734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.014179435784876545,
        "tariff_advantage_pp": 0.047188841457461404,
        "volatility_cv": 0.7015883448635555,
        "max_drawdown_pct": 70.50050727340691,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 620711,
      "num_markets": 40,
      "highest_price_importer_iso3": "DOM",
      "highest_price_usd_per_ton": 208834.9514563107,
      "lowest_price_importer_iso3": "BRB",
      "lowest_price_usd_per_ton": 1014.2450142450143,
      "median_price_across_markets": 27576.51245551601,
      "price_spread_pct": 753.6148988285,
      "avg_quantity_metric_tons": 2.55466935483871,
      "total_trade_value_usd": 7472505
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 6171928.703661142,
        "active_destinations": 38,
        "yoy_growth_pct": 43.605915446404396
      },
      {
        "year": 2011,
        "export_value_usd": 16420033.646114297,
        "active_destinations": 75,
        "yoy_growth_pct": 166.04379983155113
      },
      {
        "year": 2012,
        "export_value_usd": 7753009.9565661205,
        "active_destinations": 38,
        "yoy_growth_pct": -52.78322734496451
      },
      {
        "year": 2013,
        "export_value_usd": 7012979.738583539,
        "active_destinations": 40,
        "yoy_growth_pct": -9.545069877742657
      },
      {
        "year": 2014,
        "export_value_usd": 5714239.660818019,
        "active_destinations": 66,
        "yoy_growth_pct": -18.519090688658334
      },
      {
        "year": 2015,
        "export_value_usd": 3641336.303428864,
        "active_destinations": 73,
        "yoy_growth_pct": -36.27610111635411
      },
      {
        "year": 2016,
        "export_value_usd": 3597637.3787929737,
        "active_destinations": 67,
        "yoy_growth_pct": -1.2000793388608824
      },
      {
        "year": 2017,
        "export_value_usd": 2996558.3516450147,
        "active_destinations": 39,
        "yoy_growth_pct": -16.707604571020557
      },
      {
        "year": 2018,
        "export_value_usd": 2824943.2515035085,
        "active_destinations": 40,
        "yoy_growth_pct": -5.727073529113657
      },
      {
        "year": 2019,
        "export_value_usd": 2166504.260167159,
        "active_destinations": 34,
        "yoy_growth_pct": -23.30804312567734
      },
      {
        "year": 2020,
        "export_value_usd": 1998013.6709408478,
        "active_destinations": 34,
        "yoy_growth_pct": -7.777071678285609
      },
      {
        "year": 2021,
        "export_value_usd": 210223.7619374025,
        "active_destinations": 17,
        "yoy_growth_pct": -89.47836218565963
      },
      {
        "year": 2022,
        "export_value_usd": 267017.32199656795,
        "active_destinations": 17,
        "yoy_growth_pct": 27.015766217748794
      },
      {
        "year": 2023,
        "export_value_usd": 174422.050628796,
        "active_destinations": 20,
        "yoy_growth_pct": -34.6776271574479
      },
      {
        "year": 2024,
        "export_value_usd": 541566.8980679087,
        "active_destinations": 14,
        "yoy_growth_pct": 210.4922205165838
      }
    ],
    "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": "620711",
    "hs_description": "Underpants and briefs: men\\'s or boys\\', of cotton (not knitted or crocheted)",
    "hs_chapter": 62,
    "hs_heading": 6207
  },
  "destinations": [
    {
      "hs_code": 620711,
      "corridor_rank": 90,
      "exporter_iso3": "PAN",
      "importer_iso3": "DEU",
      "latest_data_year": 2019,
      "lane_data_years": 5,
      "exports_latest_observed_usd": 82400.77787974059,
      "exports_all_year_avg_usd": 46037.49161681066,
      "exports_avg_3y_usd": 82400.77787974059,
      "exports_avg_5y_usd": 63386.4739804801,
      "exports_avg_10y_usd": 46037.49161681066,
      "exports_cagr_3y_pct": 49.73071701233698,
      "exports_cagr_5y_pct": 16.33797214459909,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 83211.6341098,
      "buyer_imports_latest_observed_usd": 38866937.03406458,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 75,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -14.3386,
      "buyer_yoy_all_avg_pct": 3.9933,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.2169816826856546,
      "market_share_change_1y_pp": 0.15221177546623,
      "peer_best_share_pct": 32.97040293509666,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 85,
      "buyer_market_hhi": 1816.38,
      "distance_km": 8995.7802734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.014179435784876545,
      "tariff_advantage_pp": 0.047188841457461404,
      "volatility_cv": 0.7015883448635555,
      "max_drawdown_pct": 70.50050727340691,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 620711,
    "num_markets": 40,
    "highest_price_importer_iso3": "DOM",
    "highest_price_usd_per_ton": 208834.9514563107,
    "lowest_price_importer_iso3": "BRB",
    "lowest_price_usd_per_ton": 1014.2450142450143,
    "median_price_across_markets": 27576.51245551601,
    "price_spread_pct": 753.6148988285,
    "avg_quantity_metric_tons": 2.55466935483871,
    "total_trade_value_usd": 7472505
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 6171928.703661142,
      "active_destinations": 38,
      "yoy_growth_pct": 43.605915446404396
    },
    {
      "year": 2011,
      "export_value_usd": 16420033.646114297,
      "active_destinations": 75,
      "yoy_growth_pct": 166.04379983155113
    },
    {
      "year": 2012,
      "export_value_usd": 7753009.9565661205,
      "active_destinations": 38,
      "yoy_growth_pct": -52.78322734496451
    },
    {
      "year": 2013,
      "export_value_usd": 7012979.738583539,
      "active_destinations": 40,
      "yoy_growth_pct": -9.545069877742657
    },
    {
      "year": 2014,
      "export_value_usd": 5714239.660818019,
      "active_destinations": 66,
      "yoy_growth_pct": -18.519090688658334
    },
    {
      "year": 2015,
      "export_value_usd": 3641336.303428864,
      "active_destinations": 73,
      "yoy_growth_pct": -36.27610111635411
    },
    {
      "year": 2016,
      "export_value_usd": 3597637.3787929737,
      "active_destinations": 67,
      "yoy_growth_pct": -1.2000793388608824
    },
    {
      "year": 2017,
      "export_value_usd": 2996558.3516450147,
      "active_destinations": 39,
      "yoy_growth_pct": -16.707604571020557
    },
    {
      "year": 2018,
      "export_value_usd": 2824943.2515035085,
      "active_destinations": 40,
      "yoy_growth_pct": -5.727073529113657
    },
    {
      "year": 2019,
      "export_value_usd": 2166504.260167159,
      "active_destinations": 34,
      "yoy_growth_pct": -23.30804312567734
    },
    {
      "year": 2020,
      "export_value_usd": 1998013.6709408478,
      "active_destinations": 34,
      "yoy_growth_pct": -7.777071678285609
    },
    {
      "year": 2021,
      "export_value_usd": 210223.7619374025,
      "active_destinations": 17,
      "yoy_growth_pct": -89.47836218565963
    },
    {
      "year": 2022,
      "export_value_usd": 267017.32199656795,
      "active_destinations": 17,
      "yoy_growth_pct": 27.015766217748794
    },
    {
      "year": 2023,
      "export_value_usd": 174422.050628796,
      "active_destinations": 20,
      "yoy_growth_pct": -34.6776271574479
    },
    {
      "year": 2024,
      "export_value_usd": 541566.8980679087,
      "active_destinations": 14,
      "yoy_growth_pct": 210.4922205165838
    }
  ],
  "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
  }
}