{
  "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/851821",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851821",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/851821",
    "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": "851821",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 106,
    "current_lane_count": 31,
    "active_market_count": 31,
    "exports_latest_observed_lanes_usd": 3005343.070908466,
    "exports_current_2024_usd": 2070158.794565358,
    "exports_avg_3y_usd": 1370284.4923275292,
    "exports_avg_5y_usd": 1714560.6253149663,
    "exports_avg_10y_usd": 2506860.689790138,
    "exports_cagr_3y_pct": 9.645031580624085,
    "exports_cagr_5y_pct": -8.693878144651169,
    "exports_cagr_10y_pct": -2.4434727513558463,
    "exports_all_year_lane_avg_usd": 3576897.3823409895,
    "exports_historical_lane_peak_usd": 12952621.569681918,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 12.088504331979932,
    "trend_label": "Growing",
    "top_market_iso3": "PAN",
    "top_market_exports_usd": 1064631.0000604258,
    "top_market_share_pct": 35.424607937975125,
    "destination_hhi": 1766.9983017148918,
    "weighted_share_latest_pct": 4.772090747373488,
    "weighted_share_change_1y_pp": 1.9521765383069052,
    "weighted_volatility_cv": 0.8528422818540289,
    "weighted_max_drawdown_pct": 79.17469827914428,
    "limited_history_lane_share_pct": 53.77358490566038,
    "data_freshness_years": 0,
    "coverage_score": 85.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 851821,
      "hs_description": "Loudspeakers: single, mounted in their enclosures",
      "hs_chapter": 85,
      "hs_heading": 8518,
      "substitution_elasticity": -4.9376631,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Loudspeakers: single, mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 851821,
      "num_markets": 47,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 7884285.714285715,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 222.22222222222223,
      "median_price_across_markets": 27002.300613496933,
      "price_spread_pct": 29197.74727684756,
      "avg_quantity_metric_tons": 3.062223684210526,
      "total_trade_value_usd": 9545194
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1963617.9900925835,
        "active_destinations": 34,
        "yoy_growth_pct": -14.079559430922256
      },
      {
        "year": 2011,
        "export_value_usd": 3049291.57413001,
        "active_destinations": 43,
        "yoy_growth_pct": 55.289449858128336
      },
      {
        "year": 2012,
        "export_value_usd": 2611065.7340549985,
        "active_destinations": 46,
        "yoy_growth_pct": -14.371398386198642
      },
      {
        "year": 2013,
        "export_value_usd": 2641023.396717807,
        "active_destinations": 84,
        "yoy_growth_pct": 1.1473346791727037
      },
      {
        "year": 2014,
        "export_value_usd": 2651186.856199906,
        "active_destinations": 51,
        "yoy_growth_pct": 0.38483034624874096
      },
      {
        "year": 2015,
        "export_value_usd": 2943269.000462571,
        "active_destinations": 51,
        "yoy_growth_pct": 11.017033506318848
      },
      {
        "year": 2016,
        "export_value_usd": 3944330.014630312,
        "active_destinations": 44,
        "yoy_growth_pct": 34.01187638677987
      },
      {
        "year": 2017,
        "export_value_usd": 3114258.515220339,
        "active_destinations": 46,
        "yoy_growth_pct": -21.044676696196092
      },
      {
        "year": 2018,
        "export_value_usd": 3231794.374293333,
        "active_destinations": 50,
        "yoy_growth_pct": 3.774120179765427
      },
      {
        "year": 2019,
        "export_value_usd": 3262151.8667199984,
        "active_destinations": 50,
        "yoy_growth_pct": 0.9393386122625297
      },
      {
        "year": 2020,
        "export_value_usd": 2891453.814540279,
        "active_destinations": 44,
        "yoy_growth_pct": -11.363604986068468
      },
      {
        "year": 2021,
        "export_value_usd": 1570495.835051965,
        "active_destinations": 27,
        "yoy_growth_pct": -45.684906770621794
      },
      {
        "year": 2022,
        "export_value_usd": 1251746.674781934,
        "active_destinations": 28,
        "yoy_growth_pct": -20.296084405692437
      },
      {
        "year": 2023,
        "export_value_usd": 788948.0076352968,
        "active_destinations": 26,
        "yoy_growth_pct": -36.97223060147222
      },
      {
        "year": 2024,
        "export_value_usd": 2070158.794565358,
        "active_destinations": 31,
        "yoy_growth_pct": 162.3948314123027
      }
    ],
    "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": "851821",
    "hs_description": "Loudspeakers: single, mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 851821,
    "num_markets": 47,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 7884285.714285715,
    "lowest_price_importer_iso3": "KOR",
    "lowest_price_usd_per_ton": 222.22222222222223,
    "median_price_across_markets": 27002.300613496933,
    "price_spread_pct": 29197.74727684756,
    "avg_quantity_metric_tons": 3.062223684210526,
    "total_trade_value_usd": 9545194
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1963617.9900925835,
      "active_destinations": 34,
      "yoy_growth_pct": -14.079559430922256
    },
    {
      "year": 2011,
      "export_value_usd": 3049291.57413001,
      "active_destinations": 43,
      "yoy_growth_pct": 55.289449858128336
    },
    {
      "year": 2012,
      "export_value_usd": 2611065.7340549985,
      "active_destinations": 46,
      "yoy_growth_pct": -14.371398386198642
    },
    {
      "year": 2013,
      "export_value_usd": 2641023.396717807,
      "active_destinations": 84,
      "yoy_growth_pct": 1.1473346791727037
    },
    {
      "year": 2014,
      "export_value_usd": 2651186.856199906,
      "active_destinations": 51,
      "yoy_growth_pct": 0.38483034624874096
    },
    {
      "year": 2015,
      "export_value_usd": 2943269.000462571,
      "active_destinations": 51,
      "yoy_growth_pct": 11.017033506318848
    },
    {
      "year": 2016,
      "export_value_usd": 3944330.014630312,
      "active_destinations": 44,
      "yoy_growth_pct": 34.01187638677987
    },
    {
      "year": 2017,
      "export_value_usd": 3114258.515220339,
      "active_destinations": 46,
      "yoy_growth_pct": -21.044676696196092
    },
    {
      "year": 2018,
      "export_value_usd": 3231794.374293333,
      "active_destinations": 50,
      "yoy_growth_pct": 3.774120179765427
    },
    {
      "year": 2019,
      "export_value_usd": 3262151.8667199984,
      "active_destinations": 50,
      "yoy_growth_pct": 0.9393386122625297
    },
    {
      "year": 2020,
      "export_value_usd": 2891453.814540279,
      "active_destinations": 44,
      "yoy_growth_pct": -11.363604986068468
    },
    {
      "year": 2021,
      "export_value_usd": 1570495.835051965,
      "active_destinations": 27,
      "yoy_growth_pct": -45.684906770621794
    },
    {
      "year": 2022,
      "export_value_usd": 1251746.674781934,
      "active_destinations": 28,
      "yoy_growth_pct": -20.296084405692437
    },
    {
      "year": 2023,
      "export_value_usd": 788948.0076352968,
      "active_destinations": 26,
      "yoy_growth_pct": -36.97223060147222
    },
    {
      "year": 2024,
      "export_value_usd": 2070158.794565358,
      "active_destinations": 31,
      "yoy_growth_pct": 162.3948314123027
    }
  ],
  "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
  }
}