{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/usa/920120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920120",
    "exporter": "https://www.yugalinks.com/trade/exporter/usa/920120",
    "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": "920120",
    "exporter_iso3": "USA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 159,
    "current_lane_count": 78,
    "active_market_count": 78,
    "exports_latest_observed_lanes_usd": 22465072.62880018,
    "exports_current_2024_usd": 20982617.910810992,
    "exports_avg_3y_usd": 23539557.858911563,
    "exports_avg_5y_usd": 22404578.171334688,
    "exports_avg_10y_usd": 19216394.463154774,
    "exports_cagr_3y_pct": -3.217112627602281,
    "exports_cagr_5y_pct": 3.6647021636697863,
    "exports_cagr_10y_pct": 2.9566051871439125,
    "exports_all_year_lane_avg_usd": 15056201.54726035,
    "exports_historical_lane_peak_usd": 44671512.83092654,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -6.173717814746194,
    "trend_label": "Declining",
    "top_market_iso3": "CAN",
    "top_market_exports_usd": 10157475.184438346,
    "top_market_share_pct": 45.21452190373283,
    "destination_hhi": 2312.5231456653246,
    "weighted_share_latest_pct": 37.38896256939931,
    "weighted_share_change_1y_pp": 8.394374080370573,
    "weighted_volatility_cv": 0.7039398004640435,
    "weighted_max_drawdown_pct": 67.0168245762875,
    "limited_history_lane_share_pct": 32.075471698113205,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:14",
    "source": "api",
    "product": {
      "hs_code": 920120,
      "hs_description": "Musical instruments: pianos, grand",
      "hs_chapter": 92,
      "hs_heading": 9201,
      "substitution_elasticity": -4.3214273,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: pianos, grand",
    "hs_chapter": 92,
    "hs_heading": 9201,
    "destinations": [
      {
        "hs_code": 920120,
        "corridor_rank": 7,
        "exporter_iso3": "USA",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 10157475.184438346,
        "exports_all_year_avg_usd": 6819338.68505594,
        "exports_avg_3y_usd": 11390141.15216816,
        "exports_avg_5y_usd": 11924234.269966412,
        "exports_avg_10y_usd": 9851410.108807843,
        "exports_cagr_3y_pct": -10.037956772403355,
        "exports_cagr_5y_pct": 5.411873347069318,
        "exports_cagr_10y_pct": 2.2839047398083068,
        "exports_historical_peak_usd": 14703758.725384913,
        "buyer_imports_latest_observed_usd": 17913519.488436945,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": -12.321861512211662,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -20.5938,
        "buyer_yoy_all_avg_pct": 4.0522,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 56.70284497133535,
        "market_share_change_1y_pp": 15.437505384434616,
        "peer_best_share_pct": 56.70284497133535,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 3949.79,
        "distance_km": 548.3945922851562,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.045807528214990095,
        "tariff_advantage_pp": 0.031168520881953585,
        "volatility_cv": 0.4534870904579359,
        "max_drawdown_pct": 49.054799322127785,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920120,
        "corridor_rank": 25,
        "exporter_iso3": "USA",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2110017.8186336714,
        "exports_all_year_avg_usd": 1162945.3859391038,
        "exports_avg_3y_usd": 2092437.5561951983,
        "exports_avg_5y_usd": 1954857.8576746688,
        "exports_avg_10y_usd": 1616346.9451111022,
        "exports_cagr_3y_pct": 5.631818130859245,
        "exports_cagr_5y_pct": -4.449886185343055,
        "exports_cagr_10y_pct": 12.463944335486365,
        "exports_historical_peak_usd": 2649293.5327749103,
        "buyer_imports_latest_observed_usd": 13297148.714536946,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 51.724137931034484,
        "trend_acceleration_pct": -6.83212620462712,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 22.7436,
        "buyer_yoy_all_avg_pct": 1.073,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 15.868197490541114,
        "market_share_change_1y_pp": -6.760318776925395,
        "peer_best_share_pct": 53.30141277340401,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 3256.34,
        "distance_km": 10855.5869140625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04055785931159596,
        "tariff_advantage_pp": 0.011864807382303031,
        "volatility_cv": 0.5139751220741243,
        "max_drawdown_pct": 73.36194415655622,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier','long_distance_without_fta','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920120,
        "corridor_rank": 30,
        "exporter_iso3": "USA",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1852480.935520624,
        "exports_all_year_avg_usd": 774065.6311560768,
        "exports_avg_3y_usd": 1651917.2028615235,
        "exports_avg_5y_usd": 1259716.455150583,
        "exports_avg_10y_usd": 1698186.1023798608,
        "exports_cagr_3y_pct": 35.03179651694144,
        "exports_cagr_5y_pct": -2.0004963006327814,
        "exports_cagr_10y_pct": 3.88766005368133,
        "exports_historical_peak_usd": 4083366.4890591307,
        "buyer_imports_latest_observed_usd": 59042341.650678664,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": 31.14413646326011,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -38.1517,
        "buyer_yoy_all_avg_pct": 17.7208,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 3.137546519548198,
        "market_share_change_1y_pp": 1.6668430444519606,
        "peer_best_share_pct": 44.742631607568825,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 3649.26,
        "distance_km": 10993.6845703125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878777,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1808344231579833,
        "max_drawdown_pct": 85.54045607969528,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920120,
        "corridor_rank": 67,
        "exporter_iso3": "USA",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 395825.3710800143,
        "exports_all_year_avg_usd": 183428.19198913165,
        "exports_avg_3y_usd": 381512.0946878518,
        "exports_avg_5y_usd": 394772.3711403995,
        "exports_avg_10y_usd": 273375.4259569291,
        "exports_cagr_3y_pct": -18.208242994418057,
        "exports_cagr_5y_pct": 35.01070893309566,
        "exports_cagr_10y_pct": -1.1808886515139783,
        "exports_historical_peak_usd": 723394.1875289045,
        "buyer_imports_latest_observed_usd": 12899061.250284387,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -17.02735434290408,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -28.4062,
        "buyer_yoy_all_avg_pct": 6.1544,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.0686370379959818,
        "market_share_change_1y_pp": 1.3212140288220218,
        "peer_best_share_pct": 49.98415006641191,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 3195.29,
        "distance_km": 16008.79296875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07152655499684038,
        "tariff_advantage_pp": 0.0707644377967111,
        "volatility_cv": 0.9489400056141648,
        "max_drawdown_pct": 83.34537260730778,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920120,
        "corridor_rank": 68,
        "exporter_iso3": "USA",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 29,
        "exports_latest_observed_usd": 393497.4400904397,
        "exports_all_year_avg_usd": 88660.23195690272,
        "exports_avg_3y_usd": 204140.16071620025,
        "exports_avg_5y_usd": 154193.33526765514,
        "exports_avg_10y_usd": 136680.54228031845,
        "exports_cagr_3y_pct": 107.72654095049097,
        "exports_cagr_5y_pct": 20.646581556524325,
        "exports_cagr_10y_pct": 35.022265465555826,
        "exports_historical_peak_usd": 393497.4400904397,
        "buyer_imports_latest_observed_usd": 12875158.605210122,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": 72.70427548493515,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -31.4752,
        "buyer_yoy_all_avg_pct": 7.9678,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 3.0562531472909793,
        "market_share_change_1y_pp": 1.913126059988058,
        "peer_best_share_pct": 55.2772801646653,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 3409.93,
        "distance_km": 6895.10693359375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05920413126868688,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1404914749157695,
        "max_drawdown_pct": 98.6917314738966,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920120,
        "corridor_rank": 96,
        "exporter_iso3": "USA",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 201825.05671507245,
        "exports_all_year_avg_usd": 446872.64232258126,
        "exports_avg_3y_usd": 340059.85666564637,
        "exports_avg_5y_usd": 334083.0309322678,
        "exports_avg_10y_usd": 384195.6566267916,
        "exports_cagr_3y_pct": -16.438143126916106,
        "exports_cagr_5y_pct": 2.641388349790419,
        "exports_cagr_10y_pct": -4.359640831233569,
        "exports_historical_peak_usd": 1164369.0377269117,
        "buyer_imports_latest_observed_usd": 13583339.532673888,
        "historical_peak_year": 2003,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": -12.078502295682537,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -19.1005,
        "buyer_yoy_all_avg_pct": 4.3868,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 1.4858279602714395,
        "market_share_change_1y_pp": 0.4200107538261537,
        "peer_best_share_pct": 51.31615210238859,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 3308.06,
        "distance_km": 5570.1611328125,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6039255823456671,
        "max_drawdown_pct": 84.78500387947433,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "USA",
      "hs_code": 920120,
      "num_markets": 117,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 11330000,
      "lowest_price_importer_iso3": "UGA",
      "lowest_price_usd_per_ton": 106.66666666666667,
      "median_price_across_markets": 45876.674682239776,
      "price_spread_pct": 24696.413617178478,
      "avg_quantity_metric_tons": 5.859969101123595,
      "total_trade_value_usd": 108895242
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 12858407.30718026,
        "active_destinations": 69,
        "yoy_growth_pct": 11.608058210759431
      },
      {
        "year": 2011,
        "export_value_usd": 14776872.78072679,
        "active_destinations": 72,
        "yoy_growth_pct": 14.919930810367482
      },
      {
        "year": 2012,
        "export_value_usd": 14096926.928685576,
        "active_destinations": 78,
        "yoy_growth_pct": -4.601419137397297
      },
      {
        "year": 2013,
        "export_value_usd": 17677551.446501374,
        "active_destinations": 75,
        "yoy_growth_pct": 25.400036021536383
      },
      {
        "year": 2014,
        "export_value_usd": 15678970.100656435,
        "active_destinations": 65,
        "yoy_growth_pct": -11.30575889932135
      },
      {
        "year": 2015,
        "export_value_usd": 17036735.87300727,
        "active_destinations": 85,
        "yoy_growth_pct": 8.6597892822947
      },
      {
        "year": 2016,
        "export_value_usd": 13717015.238986468,
        "active_destinations": 69,
        "yoy_growth_pct": -19.48566121331091
      },
      {
        "year": 2017,
        "export_value_usd": 16511660.335227774,
        "active_destinations": 75,
        "yoy_growth_pct": 20.373565586618092
      },
      {
        "year": 2018,
        "export_value_usd": 15348740.626111282,
        "active_destinations": 77,
        "yoy_growth_pct": -7.0430210257862
      },
      {
        "year": 2019,
        "export_value_usd": 17526901.701541528,
        "active_destinations": 76,
        "yoy_growth_pct": 14.191138729159041
      },
      {
        "year": 2020,
        "export_value_usd": 18258856.81715696,
        "active_destinations": 78,
        "yoy_growth_pct": 4.176180868014192
      },
      {
        "year": 2021,
        "export_value_usd": 23145360.46278178,
        "active_destinations": 76,
        "yoy_growth_pct": 26.762374526280365
      },
      {
        "year": 2022,
        "export_value_usd": 26021579.41829287,
        "active_destinations": 83,
        "yoy_growth_pct": 12.426762418049652
      },
      {
        "year": 2023,
        "export_value_usd": 23614476.24763083,
        "active_destinations": 78,
        "yoy_growth_pct": -9.250411483362429
      },
      {
        "year": 2024,
        "export_value_usd": 20982617.910810992,
        "active_destinations": 78,
        "yoy_growth_pct": -11.145105693732612
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "USA",
      "exports_usd": 1928272713928.0183,
      "imports_usd": 3183475665876.591,
      "trade_balance_usd": -1255202951948.5725,
      "yoy_exports_growth_pct": 1.2130178753190668,
      "yoy_imports_growth_pct": 5.721911300823623,
      "exports_cagr_3y_pct": 5.2744468065821115,
      "imports_cagr_3y_pct": 4.781784239418174,
      "export_partner_hhi": 615.0816428764754,
      "export_product_hhi": 95.45205217935323,
      "momentum_score": 2.43144655469798,
      "risk_score": 3.552668475279143,
      "gdp_million_usd": 28750956.1307312,
      "gdp_per_capita_usd": 84534.04078415484,
      "population": 340110988,
      "labor_force": 169004.92,
      "investment_rate_pct": 21.94,
      "savings_rate_pct": 17.5,
      "secondary_education_pct": 98.29,
      "tertiary_education_pct": 59.84,
      "total_factor_productivity": 2715.21,
      "trade_openness_pct": 25.25168145255992,
      "exports_gdp_pct": 9.525533087298541,
      "num_active_partners": 270,
      "num_fta_partners": 20,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 8736.897119341564,
      "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": 7.4074074074074066,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13674905652698968,
      "avg_mfn_tariff_pct": 0.1379975951427108,
      "avg_preferential_tariff_pct": 0.012729926750844386,
      "tariff_advantage_pp": 0.1252676683918664,
      "avg_distance_all_partners_km": 8568.634628338012,
      "num_border_partners": 60,
      "num_colonial_partners": 222,
      "avg_substitution_elasticity": -10.91231056569188,
      "pct_products_high_elasticity": 76.00461893764434,
      "pct_products_low_elasticity": 2.655889145496536,
      "real_market_potential": 2439042.9588601724,
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