{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/sgp/854140",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/854140",
    "exporter": "https://www.yugalinks.com/trade/exporter/sgp/854140",
    "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": "854140",
    "exporter_iso3": "SGP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 184,
    "current_lane_count": 119,
    "active_market_count": 119,
    "exports_latest_observed_lanes_usd": 1571570800.059681,
    "exports_current_2024_usd": 1570571563.303274,
    "exports_avg_3y_usd": 1865483842.8544261,
    "exports_avg_5y_usd": 1695564145.3705065,
    "exports_avg_10y_usd": 1605895751.1397657,
    "exports_cagr_3y_pct": 0.23965142375164117,
    "exports_cagr_5y_pct": 4.84931492241254,
    "exports_cagr_10y_pct": 2.1959404314033426,
    "exports_all_year_lane_avg_usd": 846700506.006515,
    "exports_historical_lane_peak_usd": 3249494066.140953,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": -1.9562890076517014,
    "trend_label": "Stable",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 486133784.0234065,
    "top_market_share_pct": 30.932986538369473,
    "destination_hhi": 1587.1724794224708,
    "weighted_share_latest_pct": 14.240540496724806,
    "weighted_share_change_1y_pp": 2.451405644327782,
    "weighted_volatility_cv": 1.038398151955163,
    "weighted_max_drawdown_pct": 68.72543578108656,
    "limited_history_lane_share_pct": 19.565217391304348,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:53",
    "source": "api",
    "product": {
      "hs_code": 854140,
      "hs_description": "Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes",
      "hs_chapter": 85,
      "hs_heading": 8541,
      "substitution_elasticity": -31.690201,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes",
    "hs_chapter": 85,
    "hs_heading": 8541,
    "destinations": [
      {
        "hs_code": 854140,
        "corridor_rank": 35,
        "exporter_iso3": "SGP",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 486133784.0234065,
        "exports_all_year_avg_usd": 166294517.71151823,
        "exports_avg_3y_usd": 475138623.7533593,
        "exports_avg_5y_usd": 468078577.77311933,
        "exports_avg_10y_usd": 368977447.8483478,
        "exports_cagr_3y_pct": 4.108361512924907,
        "exports_cagr_5y_pct": 8.07901360099934,
        "exports_cagr_10y_pct": 10.596990441190822,
        "exports_historical_peak_usd": 486133784.0234065,
        "buyer_imports_latest_observed_usd": 1459085727.2988145,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -6.488628928265915,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -21.2399,
        "buyer_yoy_all_avg_pct": 8.5882,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 33.317698537383365,
        "market_share_change_1y_pp": 8.406414795947246,
        "peer_best_share_pct": 33.317698537383365,
        "peer_top_exporter": "SGP",
        "supplier_count_latest": 56,
        "buyer_market_hhi": 1920.57,
        "distance_km": 2587.966552734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9878945775878624,
        "max_drawdown_pct": 51.42677421637736,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 854140,
        "corridor_rank": 53,
        "exporter_iso3": "SGP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 286958579.59050876,
        "exports_all_year_avg_usd": 143662600.56571668,
        "exports_avg_3y_usd": 416397452.0826985,
        "exports_avg_5y_usd": 348377153.5016001,
        "exports_avg_10y_usd": 327491512.3105391,
        "exports_cagr_3y_pct": 1.634566194476328,
        "exports_cagr_5y_pct": 5.069759291801557,
        "exports_cagr_10y_pct": 9.20074265131008,
        "exports_historical_peak_usd": 494705113.7872091,
        "buyer_imports_latest_observed_usd": 17657513460.092186,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -7.566176456833752,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -16.5764,
        "buyer_yoy_all_avg_pct": 15.8128,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 1.6251358394207933,
        "market_share_change_1y_pp": -0.712117955176456,
        "peer_best_share_pct": 33.75544477361693,
        "peer_top_exporter": "VNM",
        "supplier_count_latest": 86,
        "buyer_market_hhi": 1786.81,
        "distance_km": 15350.5029296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.03687723591176162,
        "tariff_advantage_pp": 0.03282709307105859,
        "volatility_cv": 1.0357238684943773,
        "max_drawdown_pct": 59.54745726053376,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 854140,
        "corridor_rank": 79,
        "exporter_iso3": "SGP",
        "importer_iso3": "MYS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 164952332.80545732,
        "exports_all_year_avg_usd": 140633697.0201553,
        "exports_avg_3y_usd": 198786801.18290624,
        "exports_avg_5y_usd": 194792100.33205143,
        "exports_avg_10y_usd": 274402496.9360941,
        "exports_cagr_3y_pct": -7.337125410915646,
        "exports_cagr_5y_pct": -5.905521540137704,
        "exports_cagr_10y_pct": -0.21675276537532762,
        "exports_historical_peak_usd": 425662548.3228156,
        "buyer_imports_latest_observed_usd": 947035749.9100928,
        "historical_peak_year": 2016,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -7.120372645540318,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -18.1989,
        "buyer_yoy_all_avg_pct": 8.1708,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 17.417751422912723,
        "market_share_change_1y_pp": 0.8812885268775013,
        "peer_best_share_pct": 33.56036823911424,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1899.24,
        "distance_km": 315.5433044433594,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.09030441878800002,
        "tariff_advantage_pp": 0.04358576721252526,
        "volatility_cv": 0.823473481497836,
        "max_drawdown_pct": 65.16121447050952,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 854140,
        "corridor_rank": 94,
        "exporter_iso3": "SGP",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 135666962.62486696,
        "exports_all_year_avg_usd": 39237752.64308123,
        "exports_avg_3y_usd": 147845483.8644389,
        "exports_avg_5y_usd": 127533764.42840394,
        "exports_avg_10y_usd": 90758234.04302625,
        "exports_cagr_3y_pct": 1.1524277101117475,
        "exports_cagr_5y_pct": 17.607638102461245,
        "exports_cagr_10y_pct": 13.389008825971116,
        "exports_historical_peak_usd": 155958472.64156893,
        "buyer_imports_latest_observed_usd": 2220394175.31472,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -12.23658111585937,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -2.5344,
        "buyer_yoy_all_avg_pct": 11.5064,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 6.110039565638719,
        "market_share_change_1y_pp": -0.7358549317008265,
        "peer_best_share_pct": 37.64937291909368,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 72,
        "buyer_market_hhi": 2497.02,
        "distance_km": 4676.6826171875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13516056640686872,
        "tariff_advantage_pp": -0.012016523957717101,
        "volatility_cv": 1.1493658932841966,
        "max_drawdown_pct": 83.71245380615805,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "SGP",
      "hs_code": 854140,
      "num_markets": 126,
      "highest_price_importer_iso3": "CMR",
      "highest_price_usd_per_ton": 89629000,
      "lowest_price_importer_iso3": "USA",
      "lowest_price_usd_per_ton": 269.529130296731,
      "median_price_across_markets": 31129.032258064515,
      "price_spread_pct": 287926.4916680789,
      "avg_quantity_metric_tons": 2663.563821052632,
      "total_trade_value_usd": 3238824347
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 764782599.7697583,
        "active_destinations": 104,
        "yoy_growth_pct": 96.70020149100124
      },
      {
        "year": 2011,
        "export_value_usd": 1349807497.6679235,
        "active_destinations": 105,
        "yoy_growth_pct": 76.49558162990238
      },
      {
        "year": 2012,
        "export_value_usd": 1071437633.0145413,
        "active_destinations": 106,
        "yoy_growth_pct": -20.622930687103512
      },
      {
        "year": 2013,
        "export_value_usd": 1161214136.090377,
        "active_destinations": 112,
        "yoy_growth_pct": 8.379069421263964
      },
      {
        "year": 2014,
        "export_value_usd": 1263924944.113873,
        "active_destinations": 126,
        "yoy_growth_pct": 8.84512208655217
      },
      {
        "year": 2015,
        "export_value_usd": 1726748057.724387,
        "active_destinations": 122,
        "yoy_growth_pct": 36.61792701899679
      },
      {
        "year": 2016,
        "export_value_usd": 1775288676.6625473,
        "active_destinations": 129,
        "yoy_growth_pct": 2.8111002482973797
      },
      {
        "year": 2017,
        "export_value_usd": 1526919239.669399,
        "active_destinations": 132,
        "yoy_growth_pct": -13.990369017621983
      },
      {
        "year": 2018,
        "export_value_usd": 1312728720.7053971,
        "active_destinations": 136,
        "yoy_growth_pct": -14.027625914935577
      },
      {
        "year": 2019,
        "export_value_usd": 1239452089.7833946,
        "active_destinations": 126,
        "yoy_growth_pct": -5.582008663802771
      },
      {
        "year": 2020,
        "export_value_usd": 1322035420.3220344,
        "active_destinations": 121,
        "yoy_growth_pct": 6.6628900963063415
      },
      {
        "year": 2021,
        "export_value_usd": 1559333777.9672196,
        "active_destinations": 124,
        "yoy_growth_pct": 17.94947049053964
      },
      {
        "year": 2022,
        "export_value_usd": 2087102973.0268798,
        "active_destinations": 118,
        "yoy_growth_pct": 33.84581303354252
      },
      {
        "year": 2023,
        "export_value_usd": 1938776992.2331247,
        "active_destinations": 120,
        "yoy_growth_pct": -7.1067878638801
      },
      {
        "year": 2024,
        "export_value_usd": 1570571563.303274,
        "active_destinations": 119,
        "yoy_growth_pct": -18.99163392205021
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "SGP",
      "exports_usd": 403284481732.5063,
      "imports_usd": 427092116645.6244,
      "trade_balance_usd": -23807634913.118103,
      "yoy_exports_growth_pct": 4.26373650964873,
      "yoy_imports_growth_pct": 4.4259422041026175,
      "exports_cagr_3y_pct": 2.5537837990148526,
      "imports_cagr_3y_pct": 4.249995490838798,
      "export_partner_hhi": 693.6592462105042,
      "export_product_hhi": 329.10971312983617,
      "momentum_score": 3.750750696458567,
      "risk_score": 5.113844796701702,
      "gdp_million_usd": 547386.6458918466,
      "gdp_per_capita_usd": 90674.066632628,
      "population": 6036860,
      "labor_force": 3670.51,
      "investment_rate_pct": 27.31,
      "savings_rate_pct": 50.79,
      "secondary_education_pct": 92.34,
      "tertiary_education_pct": 49.84,
      "total_factor_productivity": 2465.3,
      "trade_openness_pct": 204.33354305625957,
      "exports_gdp_pct": 99.2375594073349,
      "num_active_partners": 270,
      "num_fta_partners": 67,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 82,
      "avg_partner_distance_km": 9895.086419753086,
      "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": 24.814814814814813,
      "pct_partners_shared_language": 30.37037037037037,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13254987245657146,
      "avg_mfn_tariff_pct": 0.1383005530938359,
      "avg_preferential_tariff_pct": 0.034289026001960536,
      "tariff_advantage_pp": 0.10401152709187536,
      "avg_distance_all_partners_km": 10106.492270944309,
      "num_border_partners": 30,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -10.716236059005432,
      "pct_products_high_elasticity": 75.55396711937098,
      "pct_products_low_elasticity": 2.740052418394091,
      "real_market_potential": 719422.2855160808,
      "foreign_market_potential": 11701.313679557472
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "854140",
    "hs_description": "Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes",
    "hs_chapter": 85,
    "hs_heading": 8541
  },
  "destinations": [
    {
      "hs_code": 854140,
      "corridor_rank": 35,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 486133784.0234065,
      "exports_all_year_avg_usd": 166294517.71151823,
      "exports_avg_3y_usd": 475138623.7533593,
      "exports_avg_5y_usd": 468078577.77311933,
      "exports_avg_10y_usd": 368977447.8483478,
      "exports_cagr_3y_pct": 4.108361512924907,
      "exports_cagr_5y_pct": 8.07901360099934,
      "exports_cagr_10y_pct": 10.596990441190822,
      "exports_historical_peak_usd": 486133784.0234065,
      "buyer_imports_latest_observed_usd": 1459085727.2988145,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -6.488628928265915,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -21.2399,
      "buyer_yoy_all_avg_pct": 8.5882,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 33.317698537383365,
      "market_share_change_1y_pp": 8.406414795947246,
      "peer_best_share_pct": 33.317698537383365,
      "peer_top_exporter": "SGP",
      "supplier_count_latest": 56,
      "buyer_market_hhi": 1920.57,
      "distance_km": 2587.966552734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9878945775878624,
      "max_drawdown_pct": 51.42677421637736,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 854140,
      "corridor_rank": 53,
      "exporter_iso3": "SGP",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 286958579.59050876,
      "exports_all_year_avg_usd": 143662600.56571668,
      "exports_avg_3y_usd": 416397452.0826985,
      "exports_avg_5y_usd": 348377153.5016001,
      "exports_avg_10y_usd": 327491512.3105391,
      "exports_cagr_3y_pct": 1.634566194476328,
      "exports_cagr_5y_pct": 5.069759291801557,
      "exports_cagr_10y_pct": 9.20074265131008,
      "exports_historical_peak_usd": 494705113.7872091,
      "buyer_imports_latest_observed_usd": 17657513460.092186,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -7.566176456833752,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -16.5764,
      "buyer_yoy_all_avg_pct": 15.8128,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 1.6251358394207933,
      "market_share_change_1y_pp": -0.712117955176456,
      "peer_best_share_pct": 33.75544477361693,
      "peer_top_exporter": "VNM",
      "supplier_count_latest": 86,
      "buyer_market_hhi": 1786.81,
      "distance_km": 15350.5029296875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03687723591176162,
      "tariff_advantage_pp": 0.03282709307105859,
      "volatility_cv": 1.0357238684943773,
      "max_drawdown_pct": 59.54745726053376,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
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