{
  "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/851580",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851580",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/851580",
    "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": "851580",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 67,
    "current_lane_count": 22,
    "active_market_count": 22,
    "exports_latest_observed_lanes_usd": 414012.87906290416,
    "exports_current_2024_usd": 247546.11185478707,
    "exports_avg_3y_usd": 134218.2932285967,
    "exports_avg_5y_usd": 110212.60730470042,
    "exports_avg_10y_usd": 145212.9856090547,
    "exports_cagr_3y_pct": 55.307421364869526,
    "exports_cagr_5y_pct": 20.441362691340025,
    "exports_cagr_10y_pct": 5.188569333665427,
    "exports_all_year_lane_avg_usd": 408343.0055785827,
    "exports_historical_lane_peak_usd": 1651782.7345822833,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 50.1188520312041,
    "trend_label": "Rapid growth",
    "top_market_iso3": "SUR",
    "top_market_exports_usd": 80616.07234923105,
    "top_market_share_pct": 19.471875496168426,
    "destination_hhi": 936.49173410541,
    "weighted_share_latest_pct": 14.399608215180391,
    "weighted_share_change_1y_pp": 13.471805129868217,
    "weighted_volatility_cv": 1.264459874578494,
    "weighted_max_drawdown_pct": 61.2062953716416,
    "limited_history_lane_share_pct": 55.223880597014926,
    "data_freshness_years": 0,
    "coverage_score": 81,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 851580,
      "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -5.0820112,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 851580,
      "num_markets": 34,
      "highest_price_importer_iso3": "AGO",
      "highest_price_usd_per_ton": 505333.3333333333,
      "lowest_price_importer_iso3": "COL",
      "lowest_price_usd_per_ton": 727.2727272727273,
      "median_price_across_markets": 83644.50600184672,
      "price_spread_pct": 603.2746019145834,
      "avg_quantity_metric_tons": 0.5452911392405063,
      "total_trade_value_usd": 615121
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 197727.0279113101,
        "active_destinations": 25,
        "yoy_growth_pct": -30.748855523141522
      },
      {
        "year": 2011,
        "export_value_usd": 611382.2642000446,
        "active_destinations": 23,
        "yoy_growth_pct": 209.20520611591772
      },
      {
        "year": 2012,
        "export_value_usd": 256970.6781028168,
        "active_destinations": 22,
        "yoy_growth_pct": -57.96890208468071
      },
      {
        "year": 2013,
        "export_value_usd": 140930.2809449149,
        "active_destinations": 24,
        "yoy_growth_pct": -45.157057612414775
      },
      {
        "year": 2014,
        "export_value_usd": 149269.34465472464,
        "active_destinations": 19,
        "yoy_growth_pct": 5.9171553862645085
      },
      {
        "year": 2015,
        "export_value_usd": 366420.3315762393,
        "active_destinations": 19,
        "yoy_growth_pct": 145.47594311732746
      },
      {
        "year": 2016,
        "export_value_usd": 106190.25580907403,
        "active_destinations": 20,
        "yoy_growth_pct": -71.01955141182455
      },
      {
        "year": 2017,
        "export_value_usd": 167381.93989582622,
        "active_destinations": 29,
        "yoy_growth_pct": 57.624575457066854
      },
      {
        "year": 2018,
        "export_value_usd": 163400.55472187456,
        "active_destinations": 22,
        "yoy_growth_pct": -2.3786229126210126
      },
      {
        "year": 2019,
        "export_value_usd": 97673.73756403089,
        "active_destinations": 24,
        "yoy_growth_pct": -40.22435374819739
      },
      {
        "year": 2020,
        "export_value_usd": 82326.7192485737,
        "active_destinations": 33,
        "yoy_growth_pct": -15.712533070003913
      },
      {
        "year": 2021,
        "export_value_usd": 66081.43758913822,
        "active_destinations": 14,
        "yoy_growth_pct": -19.732696514220596
      },
      {
        "year": 2022,
        "export_value_usd": 55122.29707803604,
        "active_destinations": 15,
        "yoy_growth_pct": -16.584294941100875
      },
      {
        "year": 2023,
        "export_value_usd": 99986.47075296704,
        "active_destinations": 12,
        "yoy_growth_pct": 81.39024687490304
      },
      {
        "year": 2024,
        "export_value_usd": 247546.11185478707,
        "active_destinations": 22,
        "yoy_growth_pct": 147.57960751149056
      }
    ],
    "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": "851580",
    "hs_description": "Welding machines and apparatus: n.e.c. in heading no. 8515, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 851580,
    "num_markets": 34,
    "highest_price_importer_iso3": "AGO",
    "highest_price_usd_per_ton": 505333.3333333333,
    "lowest_price_importer_iso3": "COL",
    "lowest_price_usd_per_ton": 727.2727272727273,
    "median_price_across_markets": 83644.50600184672,
    "price_spread_pct": 603.2746019145834,
    "avg_quantity_metric_tons": 0.5452911392405063,
    "total_trade_value_usd": 615121
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 197727.0279113101,
      "active_destinations": 25,
      "yoy_growth_pct": -30.748855523141522
    },
    {
      "year": 2011,
      "export_value_usd": 611382.2642000446,
      "active_destinations": 23,
      "yoy_growth_pct": 209.20520611591772
    },
    {
      "year": 2012,
      "export_value_usd": 256970.6781028168,
      "active_destinations": 22,
      "yoy_growth_pct": -57.96890208468071
    },
    {
      "year": 2013,
      "export_value_usd": 140930.2809449149,
      "active_destinations": 24,
      "yoy_growth_pct": -45.157057612414775
    },
    {
      "year": 2014,
      "export_value_usd": 149269.34465472464,
      "active_destinations": 19,
      "yoy_growth_pct": 5.9171553862645085
    },
    {
      "year": 2015,
      "export_value_usd": 366420.3315762393,
      "active_destinations": 19,
      "yoy_growth_pct": 145.47594311732746
    },
    {
      "year": 2016,
      "export_value_usd": 106190.25580907403,
      "active_destinations": 20,
      "yoy_growth_pct": -71.01955141182455
    },
    {
      "year": 2017,
      "export_value_usd": 167381.93989582622,
      "active_destinations": 29,
      "yoy_growth_pct": 57.624575457066854
    },
    {
      "year": 2018,
      "export_value_usd": 163400.55472187456,
      "active_destinations": 22,
      "yoy_growth_pct": -2.3786229126210126
    },
    {
      "year": 2019,
      "export_value_usd": 97673.73756403089,
      "active_destinations": 24,
      "yoy_growth_pct": -40.22435374819739
    },
    {
      "year": 2020,
      "export_value_usd": 82326.7192485737,
      "active_destinations": 33,
      "yoy_growth_pct": -15.712533070003913
    },
    {
      "year": 2021,
      "export_value_usd": 66081.43758913822,
      "active_destinations": 14,
      "yoy_growth_pct": -19.732696514220596
    },
    {
      "year": 2022,
      "export_value_usd": 55122.29707803604,
      "active_destinations": 15,
      "yoy_growth_pct": -16.584294941100875
    },
    {
      "year": 2023,
      "export_value_usd": 99986.47075296704,
      "active_destinations": 12,
      "yoy_growth_pct": 81.39024687490304
    },
    {
      "year": 2024,
      "export_value_usd": 247546.11185478707,
      "active_destinations": 22,
      "yoy_growth_pct": 147.57960751149056
    }
  ],
  "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
  }
}