{
  "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/920510",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920510",
    "exporter": "https://www.yugalinks.com/trade/exporter/pan/920510",
    "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": "920510",
    "exporter_iso3": "PAN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 48,
    "current_lane_count": 7,
    "active_market_count": 7,
    "exports_latest_observed_lanes_usd": 449115.7573890909,
    "exports_current_2024_usd": 214952.1023428891,
    "exports_avg_3y_usd": 120092.04637282738,
    "exports_avg_5y_usd": 148456.6740312393,
    "exports_avg_10y_usd": 377371.4771767728,
    "exports_cagr_3y_pct": 19.38258551614713,
    "exports_cagr_5y_pct": -11.093561282083853,
    "exports_cagr_10y_pct": -16.116199678443298,
    "exports_all_year_lane_avg_usd": 745037.4683386526,
    "exports_historical_lane_peak_usd": 2665847.300018931,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 35.498785194590425,
    "trend_label": "Rapid growth",
    "top_market_iso3": "PAN",
    "top_market_exports_usd": 127292.78883254205,
    "top_market_share_pct": 28.34297989733237,
    "destination_hhi": 1431.1147893768818,
    "weighted_share_latest_pct": 31.12415280701468,
    "weighted_share_change_1y_pp": 20.093811602950204,
    "weighted_volatility_cv": 1.0196446930696859,
    "weighted_max_drawdown_pct": 58.63676903059552,
    "limited_history_lane_share_pct": 35.416666666666664,
    "data_freshness_years": 0,
    "coverage_score": 83.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:41",
    "source": "api",
    "product": {
      "hs_code": 920510,
      "hs_description": "Musical instruments: wind, brass (e.g. trumpets)",
      "hs_chapter": 92,
      "hs_heading": 9205,
      "substitution_elasticity": -13.019333,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: wind, brass (e.g. trumpets)",
    "hs_chapter": 92,
    "hs_heading": 9205,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PAN",
      "hs_code": 920510,
      "num_markets": 27,
      "highest_price_importer_iso3": "CUB",
      "highest_price_usd_per_ton": 322979.38144329895,
      "lowest_price_importer_iso3": "DMA",
      "lowest_price_usd_per_ton": 1230.7692307692307,
      "median_price_across_markets": 223000,
      "price_spread_pct": 144.28188888454247,
      "avg_quantity_metric_tons": 0.23679411764705877,
      "total_trade_value_usd": 3034670
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 909800.3357648375,
        "active_destinations": 20,
        "yoy_growth_pct": -3.949407579944649
      },
      {
        "year": 2011,
        "export_value_usd": 622115.0253476966,
        "active_destinations": 17,
        "yoy_growth_pct": -31.620708314565942
      },
      {
        "year": 2012,
        "export_value_usd": 601558.5478810135,
        "active_destinations": 23,
        "yoy_growth_pct": -3.3042888580281815
      },
      {
        "year": 2013,
        "export_value_usd": 317683.27100517077,
        "active_destinations": 23,
        "yoy_growth_pct": -47.18996644230088
      },
      {
        "year": 2014,
        "export_value_usd": 1246122.4473171604,
        "active_destinations": 29,
        "yoy_growth_pct": 292.2530901216004
      },
      {
        "year": 2015,
        "export_value_usd": 167141.43188178836,
        "active_destinations": 8,
        "yoy_growth_pct": -86.5870780001086
      },
      {
        "year": 2016,
        "export_value_usd": 1146612.9583512307,
        "active_destinations": 25,
        "yoy_growth_pct": 586.0136026369444
      },
      {
        "year": 2017,
        "export_value_usd": 656174.1039347549,
        "active_destinations": 33,
        "yoy_growth_pct": -42.7728337486872
      },
      {
        "year": 2018,
        "export_value_usd": 674534.3970040417,
        "active_destinations": 30,
        "yoy_growth_pct": 2.7980825453472127
      },
      {
        "year": 2019,
        "export_value_usd": 386968.5104397154,
        "active_destinations": 30,
        "yoy_growth_pct": -42.631760195114744
      },
      {
        "year": 2020,
        "export_value_usd": 255673.66475314827,
        "active_destinations": 20,
        "yoy_growth_pct": -33.92907746870043
      },
      {
        "year": 2021,
        "export_value_usd": 126333.56628456619,
        "active_destinations": 6,
        "yoy_growth_pct": -50.58796282106698
      },
      {
        "year": 2022,
        "export_value_usd": 83123.9285714023,
        "active_destinations": 4,
        "yoy_growth_pct": -34.202816388349426
      },
      {
        "year": 2023,
        "export_value_usd": 62200.10820419067,
        "active_destinations": 5,
        "yoy_growth_pct": -25.17183767275672
      },
      {
        "year": 2024,
        "export_value_usd": 214952.1023428891,
        "active_destinations": 7,
        "yoy_growth_pct": 245.58155692791365
      }
    ],
    "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": "920510",
    "hs_description": "Musical instruments: wind, brass (e.g. trumpets)",
    "hs_chapter": 92,
    "hs_heading": 9205
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PAN",
    "hs_code": 920510,
    "num_markets": 27,
    "highest_price_importer_iso3": "CUB",
    "highest_price_usd_per_ton": 322979.38144329895,
    "lowest_price_importer_iso3": "DMA",
    "lowest_price_usd_per_ton": 1230.7692307692307,
    "median_price_across_markets": 223000,
    "price_spread_pct": 144.28188888454247,
    "avg_quantity_metric_tons": 0.23679411764705877,
    "total_trade_value_usd": 3034670
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 909800.3357648375,
      "active_destinations": 20,
      "yoy_growth_pct": -3.949407579944649
    },
    {
      "year": 2011,
      "export_value_usd": 622115.0253476966,
      "active_destinations": 17,
      "yoy_growth_pct": -31.620708314565942
    },
    {
      "year": 2012,
      "export_value_usd": 601558.5478810135,
      "active_destinations": 23,
      "yoy_growth_pct": -3.3042888580281815
    },
    {
      "year": 2013,
      "export_value_usd": 317683.27100517077,
      "active_destinations": 23,
      "yoy_growth_pct": -47.18996644230088
    },
    {
      "year": 2014,
      "export_value_usd": 1246122.4473171604,
      "active_destinations": 29,
      "yoy_growth_pct": 292.2530901216004
    },
    {
      "year": 2015,
      "export_value_usd": 167141.43188178836,
      "active_destinations": 8,
      "yoy_growth_pct": -86.5870780001086
    },
    {
      "year": 2016,
      "export_value_usd": 1146612.9583512307,
      "active_destinations": 25,
      "yoy_growth_pct": 586.0136026369444
    },
    {
      "year": 2017,
      "export_value_usd": 656174.1039347549,
      "active_destinations": 33,
      "yoy_growth_pct": -42.7728337486872
    },
    {
      "year": 2018,
      "export_value_usd": 674534.3970040417,
      "active_destinations": 30,
      "yoy_growth_pct": 2.7980825453472127
    },
    {
      "year": 2019,
      "export_value_usd": 386968.5104397154,
      "active_destinations": 30,
      "yoy_growth_pct": -42.631760195114744
    },
    {
      "year": 2020,
      "export_value_usd": 255673.66475314827,
      "active_destinations": 20,
      "yoy_growth_pct": -33.92907746870043
    },
    {
      "year": 2021,
      "export_value_usd": 126333.56628456619,
      "active_destinations": 6,
      "yoy_growth_pct": -50.58796282106698
    },
    {
      "year": 2022,
      "export_value_usd": 83123.9285714023,
      "active_destinations": 4,
      "yoy_growth_pct": -34.202816388349426
    },
    {
      "year": 2023,
      "export_value_usd": 62200.10820419067,
      "active_destinations": 5,
      "yoy_growth_pct": -25.17183767275672
    },
    {
      "year": 2024,
      "export_value_usd": 214952.1023428891,
      "active_destinations": 7,
      "yoy_growth_pct": 245.58155692791365
    }
  ],
  "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
  }
}