# USA, Puerto Rico and US Virgin Islands HS 940540 exports | Yugalinks

Explore reported HS 940540 exports from USA, Puerto Rico and US Virgin Islands: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | USA, Puerto Rico and US Virgin Islands |
| HS6 | 940540 |
| Latest exports | $519.4M |
| Active destinations | 176 |
| Three-year growth | -3.2% |
| Destination HHI | 834 |
| Weighted share | 12.5% |

## Destination markets

- Canada: $126.9M; share 22.3%; growth -14.3%
- Mexico: $49.3M; share 10.8%; growth -0.4%

## Price intelligence

- Highest reported market price: Tunisia at $4.0M / ton.
- Lowest reported market price: Mozambique at $15.4 / ton.
- Median reported price: $38.1K / ton.
- Price spread: 10,486.8%.

## Export history

- 2010: $476.5M
- 2011: $598.1M
- 2012: $667.8M
- 2013: $708.6M
- 2014: $811.4M
- 2015: $833.8M
- 2016: $735.3M
- 2017: $698.9M
- 2018: $744.5M
- 2019: $726.3M
- 2020: $548.2M
- 2021: $571.6M
- 2022: $513.9M
- 2023: $525.5M
- 2024: $518.8M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/940540",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940540",
    "exporter": "https://www.yugalinks.com/trade/exporter/usa/940540",
    "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": "940540",
    "exporter_iso3": "USA",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 196,
    "current_lane_count": 176,
    "active_market_count": 176,
    "exports_latest_observed_lanes_usd": 519396848.5204567,
    "exports_current_2024_usd": 518763481.80063355,
    "exports_avg_3y_usd": 519390248.83913714,
    "exports_avg_5y_usd": 535594821.917305,
    "exports_avg_10y_usd": 641667009.7460768,
    "exports_cagr_3y_pct": -3.1811482947893155,
    "exports_cagr_5y_pct": -6.507740696050302,
    "exports_cagr_10y_pct": -4.374066383330211,
    "exports_all_year_lane_avg_usd": 464896166.54960454,
    "exports_historical_lane_peak_usd": 1069047897.551661,
    "historical_peak_year": 2015,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": 1.1929180885408956,
    "trend_label": "Declining",
    "top_market_iso3": "CAN",
    "top_market_exports_usd": 126870599.74610679,
    "top_market_share_pct": 24.426524748370692,
    "destination_hhi": 834.0300742078525,
    "weighted_share_latest_pct": 12.45999126681652,
    "weighted_share_change_1y_pp": -0.7814411340411365,
    "weighted_volatility_cv": 0.5825267743203199,
    "weighted_max_drawdown_pct": 61.55936799928604,
    "limited_history_lane_share_pct": 2.5510204081632653,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:14",
    "source": "api",
    "product": {
      "hs_code": 940540,
      "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
      "hs_chapter": 94,
      "hs_heading": 9405,
      "substitution_elasticity": -3.9874959,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
    "hs_chapter": 94,
    "hs_heading": 9405,
    "destinations": [
      {
        "hs_code": 940540,
        "corridor_rank": 33,
        "exporter_iso3": "USA",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 126870599.74610679,
        "exports_all_year_avg_usd": 149218601.33877638,
        "exports_avg_3y_usd": 146917946.45633087,
        "exports_avg_5y_usd": 167593688.2639572,
        "exports_avg_10y_usd": 202465329.63206863,
        "exports_cagr_3y_pct": -14.337020366548236,
        "exports_cagr_5y_pct": -10.988847829183513,
        "exports_cagr_10y_pct": -7.324182455764616,
        "exports_historical_peak_usd": 274322723.64173657,
        "buyer_imports_latest_observed_usd": 568698257.6502669,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -7.01283791078362,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 0.8166,
        "buyer_yoy_all_avg_pct": 8.0061,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 22.30894820573348,
        "market_share_change_1y_pp": -3.4212457707953625,
        "peer_best_share_pct": 54.808506248383836,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 81,
        "buyer_market_hhi": 3567.52,
        "distance_km": 548.3945922851562,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.045807528214990095,
        "tariff_advantage_pp": 0.031168520881953585,
        "volatility_cv": 0.44552166467905396,
        "max_drawdown_pct": 53.751334172447606,
        "attention_level": "Critical attention",
        "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"
      },
      {
        "hs_code": 940540,
        "corridor_rank": 79,
        "exporter_iso3": "USA",
        "importer_iso3": "MEX",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 49313689.78081913,
        "exports_all_year_avg_usd": 43120192.9824059,
        "exports_avg_3y_usd": 43243410.30676637,
        "exports_avg_5y_usd": 45902206.6479833,
        "exports_avg_10y_usd": 67139225.79922312,
        "exports_cagr_3y_pct": -0.423804745470191,
        "exports_cagr_5y_pct": -5.124561632430513,
        "exports_cagr_10y_pct": -7.855968271619318,
        "exports_historical_peak_usd": 111762315.64926979,
        "buyer_imports_latest_observed_usd": 457815384.6704165,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 7.432163526149127,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 6.544,
        "buyer_yoy_all_avg_pct": 14.6242,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 10.771523070663145,
        "market_share_change_1y_pp": -0.43328613824543893,
        "peer_best_share_pct": 77.44051583027223,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 66,
        "buyer_market_hhi": 6132.59,
        "distance_km": 3369.052734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.09682042786095757,
        "tariff_advantage_pp": 0.1311842474462,
        "volatility_cv": 0.6784136104581117,
        "max_drawdown_pct": 71.1263089768223,
        "attention_level": "Critical attention",
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "USA",
      "hs_code": 940540,
      "num_markets": 195,
      "highest_price_importer_iso3": "TUN",
      "highest_price_usd_per_ton": 3993789.4736842103,
      "lowest_price_importer_iso3": "MOZ",
      "lowest_price_usd_per_ton": 15.386734625348765,
      "median_price_across_markets": 38083.84043272481,
      "price_spread_pct": 10486.794508039691,
      "avg_quantity_metric_tons": 104.77240478905362,
      "total_trade_value_usd": 3060455986
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 476501634.84180677,
        "active_destinations": 175,
        "yoy_growth_pct": 25.52789752246159
      },
      {
        "year": 2011,
        "export_value_usd": 598118800.6775467,
        "active_destinations": 175,
        "yoy_growth_pct": 25.522927298269504
      },
      {
        "year": 2012,
        "export_value_usd": 667776574.1019409,
        "active_destinations": 179,
        "yoy_growth_pct": 11.646143432623429
      },
      {
        "year": 2013,
        "export_value_usd": 708554714.2154063,
        "active_destinations": 179,
        "yoy_growth_pct": 6.106554451734983
      },
      {
        "year": 2014,
        "export_value_usd": 811357982.9197521,
        "active_destinations": 182,
        "yoy_growth_pct": 14.508868072126441
      },
      {
        "year": 2015,
        "export_value_usd": 833760474.4575789,
        "active_destinations": 178,
        "yoy_growth_pct": 2.7611106329673603
      },
      {
        "year": 2016,
        "export_value_usd": 735266637.6373994,
        "active_destinations": 178,
        "yoy_growth_pct": -11.81320533145407
      },
      {
        "year": 2017,
        "export_value_usd": 698919758.3505019,
        "active_destinations": 181,
        "yoy_growth_pct": -4.943360330299957
      },
      {
        "year": 2018,
        "export_value_usd": 744490795.5564853,
        "active_destinations": 180,
        "yoy_growth_pct": 6.520210175991324
      },
      {
        "year": 2019,
        "export_value_usd": 726258321.8722786,
        "active_destinations": 179,
        "yoy_growth_pct": -2.4489857756506552
      },
      {
        "year": 2020,
        "export_value_usd": 548206793.1718276,
        "active_destinations": 177,
        "yoy_growth_pct": -24.51628068666228
      },
      {
        "year": 2021,
        "export_value_usd": 571596569.8972858,
        "active_destinations": 180,
        "yoy_growth_pct": 4.266597389304345
      },
      {
        "year": 2022,
        "export_value_usd": 513922962.9454735,
        "active_destinations": 176,
        "yoy_growth_pct": -10.08991480865186
      },
      {
        "year": 2023,
        "export_value_usd": 525484301.77130425,
        "active_destinations": 175,
        "yoy_growth_pct": 2.2496248775436407
      },
      {
        "year": 2024,
        "export_value_usd": 518763481.80063367,
        "active_destinations": 176,
        "yoy_growth_pct": -1.2789763553384979
      }
    ],
    "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,
      "foreign_market_potential": 11758.09282424583
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "940540",
    "hs_description": "Lamps and light fittings: electric, n.e.s. in heading no. 9405",
    "hs_chapter": 94,
    "hs_heading": 9405
  },
  "destinations": [
    {
      "hs_code": 940540,
      "corridor_rank": 33,
      "exporter_iso3": "USA",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 126870599.74610679,
      "exports_all_year_avg_usd": 149218601.33877638,
      "exports_avg_3y_usd": 146917946.45633087,
      "exports_avg_5y_usd": 167593688.2639572,
      "exports_avg_10y_usd": 202465329.63206863,
      "exports_cagr_3y_pct": -14.337020366548236,
      "exports_cagr_5y_pct": -10.988847829183513,
      "exports_cagr_10y_pct": -7.324182455764616,
      "exports_historical_peak_usd": 274322723.64173657,
      "buyer_imports_latest_observed_usd": 568698257.6502669,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 58.62068965517241,
      "trend_acceleration_pct": -7.01283791078362,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 0.8166,
      "buyer_yoy_all_avg_pct": 8.0061,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 22.30894820573348,
      "market_share_change_1y_pp": -3.4212457707953625,
      "peer_best_share_pct": 54.808506248383836,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 81,
      "buyer_market_hhi": 3567.52,
      "distance_km": 548.3945922851562,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.045807528214990095,
      "tariff_advantage_pp": 0.031168520881953585,
      "volatility_cv": 0.44552166467905396,
      "max_drawdown_pct": 53.751334172447606,
      "attention_level": "Critical attention",
      "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"
    },
    {
      "hs_code": 940540,
      "corridor_rank": 79,
      "exporter_iso3": "USA",
      "importer_iso3": "MEX",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 49313689.78081913,
      "exports_all_year_avg_usd": 43120192.9824059,
      "exports_avg_3y_usd": 43243410.30676637,
      "exports_avg_5y_usd": 45902206.6479833,
      "exports_avg_10y_usd": 67139225.79922312,
      "exports_cagr_3y_pct": -0.423804745470191,
      "exports_cagr_5y_pct": -5.124561632430513,
      "exports_cagr_10y_pct": -7.855968271619318,
      "exports_historical_peak_usd": 111762315.64926979,
      "buyer_imports_latest_observed_usd": 457815384.6704165,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": 7.432163526149127,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 6.544,
      "buyer_yoy_all_avg_pct": 14.6242,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 10.771523070663145,
      "market_share_change_1y_pp": -0.43328613824543893,
      "peer_best_share_pct": 77.44051583027223,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 66,
      "buyer_market_hhi": 6132.59,
      "distance_km": 3369.052734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.09682042786095757,
      "tariff_advantage_pp": 0.1311842474462,
      "volatility_cv": 0.6784136104581117,
      "max_drawdown_pct": 71.1263089768223,
      "attention_level": "Critical attention",
      "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": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "USA",
    "hs_code": 940540,
    "num_markets": 195,
    "highest_price_importer_iso3": "TUN",
    "highest_price_usd_per_ton": 3993789.4736842103,
    "lowest_price_importer_iso3": "MOZ",
    "lowest_price_usd_per_ton": 15.386734625348765,
    "median_price_across_markets": 38083.84043272481,
    "price_spread_pct": 10486.794508039691,
    "avg_quantity_metric_tons": 104.77240478905362,
    "total_trade_value_usd": 3060455986
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 476501634.84180677,
      "active_destinations": 175,
      "yoy_growth_pct": 25.52789752246159
    },
    {
      "year": 2011,
      "export_value_usd": 598118800.6775467,
      "active_destinations": 175,
      "yoy_growth_pct": 25.522927298269504
    },
    {
      "year": 2012,
      "export_value_usd": 667776574.1019409,
      "active_destinations": 179,
      "yoy_growth_pct": 11.646143432623429
    },
    {
      "year": 2013,
      "export_value_usd": 708554714.2154063,
      "active_destinations": 179,
      "yoy_growth_pct": 6.106554451734983
    },
    {
      "year": 2014,
      "export_value_usd": 811357982.9197521,
      "active_destinations": 182,
      "yoy_growth_pct": 14.508868072126441
    },
    {
      "year": 2015,
      "export_value_usd": 833760474.4575789,
      "active_destinations": 178,
      "yoy_growth_pct": 2.7611106329673603
    },
    {
      "year": 2016,
      "export_value_usd": 735266637.6373994,
      "active_destinations": 178,
      "yoy_growth_pct": -11.81320533145407
    },
    {
      "year": 2017,
      "export_value_usd": 698919758.3505019,
      "active_destinations": 181,
      "yoy_growth_pct": -4.943360330299957
    },
    {
      "year": 2018,
      "export_value_usd": 744490795.5564853,
      "active_destinations": 180,
      "yoy_growth_pct": 6.520210175991324
    },
    {
      "year": 2019,
      "export_value_usd": 726258321.8722786,
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      "export_value_usd": 548206793.1718276,
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      "yoy_growth_pct": -24.51628068666228
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      "export_value_usd": 571596569.8972858,
      "active_destinations": 180,
      "yoy_growth_pct": 4.266597389304345
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      "year": 2022,
      "export_value_usd": 513922962.9454735,
      "active_destinations": 176,
      "yoy_growth_pct": -10.08991480865186
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      "export_value_usd": 525484301.77130425,
      "active_destinations": 175,
      "yoy_growth_pct": 2.2496248775436407
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    {
      "year": 2024,
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      "active_destinations": 176,
      "yoy_growth_pct": -1.2789763553384979
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  ],
  "economy": {
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    "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,
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    "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,
    "foreign_market_potential": 11758.09282424583
  }
}
```