{
  "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/910219",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910219",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/910219",
    "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": "910219",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 95,
    "current_lane_count": 24,
    "active_market_count": 24,
    "exports_latest_observed_lanes_usd": 8468131.339119734,
    "exports_current_2024_usd": 6049535.138908832,
    "exports_avg_3y_usd": 3024972.923060125,
    "exports_avg_5y_usd": 6028040.909805675,
    "exports_avg_10y_usd": 14431984.505711887,
    "exports_cagr_3y_pct": 61.844016249277736,
    "exports_cagr_5y_pct": -25.132528005266963,
    "exports_cagr_10y_pct": -15.654619177973894,
    "exports_all_year_lane_avg_usd": 22340391.99887803,
    "exports_historical_lane_peak_usd": 83253094.69180264,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 77.49863542725163,
    "trend_label": "Rapid growth",
    "top_market_iso3": "PAN",
    "top_market_exports_usd": 4645050.281049568,
    "top_market_share_pct": 54.853309366980405,
    "destination_hhi": 3227.149005010462,
    "weighted_share_latest_pct": 52.708940315866705,
    "weighted_share_change_1y_pp": 37.898245863030176,
    "weighted_volatility_cv": 1.0402567057698497,
    "weighted_max_drawdown_pct": 91.66307259097916,
    "limited_history_lane_share_pct": 32.63157894736842,
    "data_freshness_years": 0,
    "coverage_score": 92,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 910219,
      "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) without mechanical or opto-electronic display",
      "hs_chapter": 91,
      "hs_heading": 9102,
      "substitution_elasticity": -7.3128319,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) without mechanical or opto-electronic display",
    "hs_chapter": 91,
    "hs_heading": 9102,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 910219,
      "num_markets": 28,
      "highest_price_importer_iso3": "ESP",
      "highest_price_usd_per_ton": 46992000,
      "lowest_price_importer_iso3": "NIC",
      "lowest_price_usd_per_ton": 873.5632183908046,
      "median_price_across_markets": 191675.67567567568,
      "price_spread_pct": 24515.957108868013,
      "avg_quantity_metric_tons": 3.197459459459459,
      "total_trade_value_usd": 9666455
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 32404427.59594796,
        "active_destinations": 55,
        "yoy_growth_pct": 8.110348618626253
      },
      {
        "year": 2011,
        "export_value_usd": 36599706.012028314,
        "active_destinations": 51,
        "yoy_growth_pct": 12.946620963009876
      },
      {
        "year": 2012,
        "export_value_usd": 44059885.39696955,
        "active_destinations": 55,
        "yoy_growth_pct": 20.38316751093433
      },
      {
        "year": 2013,
        "export_value_usd": 39744685.046989076,
        "active_destinations": 53,
        "yoy_growth_pct": -9.793943654418298
      },
      {
        "year": 2014,
        "export_value_usd": 33197774.411953166,
        "active_destinations": 51,
        "yoy_growth_pct": -16.472417952980813
      },
      {
        "year": 2015,
        "export_value_usd": 23469621.511144586,
        "active_destinations": 52,
        "yoy_growth_pct": -29.3036297556919
      },
      {
        "year": 2016,
        "export_value_usd": 21545171.906280823,
        "active_destinations": 60,
        "yoy_growth_pct": -8.199747081349118
      },
      {
        "year": 2017,
        "export_value_usd": 21659958.235660452,
        "active_destinations": 54,
        "yoy_growth_pct": 0.5327705431125708
      },
      {
        "year": 2018,
        "export_value_usd": 21785765.607294347,
        "active_destinations": 55,
        "yoy_growth_pct": 0.5808292438291428
      },
      {
        "year": 2019,
        "export_value_usd": 25719123.247710288,
        "active_destinations": 59,
        "yoy_growth_pct": 18.05471384994139
      },
      {
        "year": 2020,
        "export_value_usd": 19638259.200518925,
        "active_destinations": 56,
        "yoy_growth_pct": -23.643356690756274
      },
      {
        "year": 2021,
        "export_value_usd": 1427026.5793290685,
        "active_destinations": 17,
        "yoy_growth_pct": -92.73343647846669
      },
      {
        "year": 2022,
        "export_value_usd": 2188807.4896273483,
        "active_destinations": 20,
        "yoy_growth_pct": 53.3823911434389
      },
      {
        "year": 2023,
        "export_value_usd": 836576.1406441955,
        "active_destinations": 21,
        "yoy_growth_pct": -61.77936412367515
      },
      {
        "year": 2024,
        "export_value_usd": 6049535.138908832,
        "active_destinations": 24,
        "yoy_growth_pct": 623.1302501946159
      }
    ],
    "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": "910219",
    "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) without mechanical or opto-electronic display",
    "hs_chapter": 91,
    "hs_heading": 9102
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 910219,
    "num_markets": 28,
    "highest_price_importer_iso3": "ESP",
    "highest_price_usd_per_ton": 46992000,
    "lowest_price_importer_iso3": "NIC",
    "lowest_price_usd_per_ton": 873.5632183908046,
    "median_price_across_markets": 191675.67567567568,
    "price_spread_pct": 24515.957108868013,
    "avg_quantity_metric_tons": 3.197459459459459,
    "total_trade_value_usd": 9666455
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 32404427.59594796,
      "active_destinations": 55,
      "yoy_growth_pct": 8.110348618626253
    },
    {
      "year": 2011,
      "export_value_usd": 36599706.012028314,
      "active_destinations": 51,
      "yoy_growth_pct": 12.946620963009876
    },
    {
      "year": 2012,
      "export_value_usd": 44059885.39696955,
      "active_destinations": 55,
      "yoy_growth_pct": 20.38316751093433
    },
    {
      "year": 2013,
      "export_value_usd": 39744685.046989076,
      "active_destinations": 53,
      "yoy_growth_pct": -9.793943654418298
    },
    {
      "year": 2014,
      "export_value_usd": 33197774.411953166,
      "active_destinations": 51,
      "yoy_growth_pct": -16.472417952980813
    },
    {
      "year": 2015,
      "export_value_usd": 23469621.511144586,
      "active_destinations": 52,
      "yoy_growth_pct": -29.3036297556919
    },
    {
      "year": 2016,
      "export_value_usd": 21545171.906280823,
      "active_destinations": 60,
      "yoy_growth_pct": -8.199747081349118
    },
    {
      "year": 2017,
      "export_value_usd": 21659958.235660452,
      "active_destinations": 54,
      "yoy_growth_pct": 0.5327705431125708
    },
    {
      "year": 2018,
      "export_value_usd": 21785765.607294347,
      "active_destinations": 55,
      "yoy_growth_pct": 0.5808292438291428
    },
    {
      "year": 2019,
      "export_value_usd": 25719123.247710288,
      "active_destinations": 59,
      "yoy_growth_pct": 18.05471384994139
    },
    {
      "year": 2020,
      "export_value_usd": 19638259.200518925,
      "active_destinations": 56,
      "yoy_growth_pct": -23.643356690756274
    },
    {
      "year": 2021,
      "export_value_usd": 1427026.5793290685,
      "active_destinations": 17,
      "yoy_growth_pct": -92.73343647846669
    },
    {
      "year": 2022,
      "export_value_usd": 2188807.4896273483,
      "active_destinations": 20,
      "yoy_growth_pct": 53.3823911434389
    },
    {
      "year": 2023,
      "export_value_usd": 836576.1406441955,
      "active_destinations": 21,
      "yoy_growth_pct": -61.77936412367515
    },
    {
      "year": 2024,
      "export_value_usd": 6049535.138908832,
      "active_destinations": 24,
      "yoy_growth_pct": 623.1302501946159
    }
  ],
  "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
  }
}