{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ven/170490",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/170490",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/170490",
    "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": "170490",
    "exporter_iso3": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 58,
    "current_lane_count": 14,
    "active_market_count": 14,
    "exports_latest_observed_lanes_usd": 861952.8987036545,
    "exports_current_2024_usd": 564196.8706672163,
    "exports_avg_3y_usd": 274460.0153814805,
    "exports_avg_5y_usd": 194864.21657308843,
    "exports_avg_10y_usd": 110071.48901550732,
    "exports_cagr_3y_pct": 86.52013391136552,
    "exports_cagr_5y_pct": 141.78577101137955,
    "exports_cagr_10y_pct": 17.13897857649409,
    "exports_all_year_lane_avg_usd": 614370.0255443837,
    "exports_historical_lane_peak_usd": 2204598.8889173055,
    "historical_peak_year": 1996,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": 69.38115533487144,
    "trend_label": "Rapid growth",
    "top_market_iso3": "CHL",
    "top_market_exports_usd": 295368.943,
    "top_market_share_pct": 34.267411066686364,
    "destination_hhi": 1686.5381719267261,
    "weighted_share_latest_pct": 0.27309737814077895,
    "weighted_share_change_1y_pp": 0.20995068846398007,
    "weighted_volatility_cv": 1.413965717805461,
    "weighted_max_drawdown_pct": 75.81705747872367,
    "limited_history_lane_share_pct": 55.172413793103445,
    "data_freshness_years": 0,
    "coverage_score": 77,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:30:17",
    "source": "api",
    "product": {
      "hs_code": 170490,
      "hs_description": "Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa",
      "hs_chapter": 17,
      "hs_heading": 1704,
      "substitution_elasticity": -9.3933315,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa",
    "hs_chapter": 17,
    "hs_heading": 1704,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "VEN",
      "hs_code": 170490,
      "num_markets": 16,
      "highest_price_importer_iso3": "ESP",
      "highest_price_usd_per_ton": 59000,
      "lowest_price_importer_iso3": "USA",
      "lowest_price_usd_per_ton": 1190.665687903257,
      "median_price_across_markets": 8798.126553240298,
      "price_spread_pct": 657.0641370327403,
      "avg_quantity_metric_tons": 2.431757575757576,
      "total_trade_value_usd": 362724
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 127909.84914291251,
        "active_destinations": 15,
        "yoy_growth_pct": 36.39146775369793
      },
      {
        "year": 2011,
        "export_value_usd": 56014.150876479194,
        "active_destinations": 11,
        "yoy_growth_pct": -56.208101837494084
      },
      {
        "year": 2012,
        "export_value_usd": 27254.57135738283,
        "active_destinations": 3,
        "yoy_growth_pct": -51.34341781332393
      },
      {
        "year": 2013,
        "export_value_usd": 112261.78976157909,
        "active_destinations": 9,
        "yoy_growth_pct": 311.9007717623457
      },
      {
        "year": 2014,
        "export_value_usd": 115988.87745701756,
        "active_destinations": 16,
        "yoy_growth_pct": 3.319996682178361
      },
      {
        "year": 2015,
        "export_value_usd": 24113.837934938623,
        "active_destinations": 12,
        "yoy_growth_pct": -79.2102152692403
      },
      {
        "year": 2016,
        "export_value_usd": 18418.328589374487,
        "active_destinations": 12,
        "yoy_growth_pct": -23.619256963288674
      },
      {
        "year": 2017,
        "export_value_usd": 19077.451041661596,
        "active_destinations": 10,
        "yoy_growth_pct": 3.5786225068617568
      },
      {
        "year": 2018,
        "export_value_usd": 57956.44969239545,
        "active_destinations": 12,
        "yoy_growth_pct": 203.7955624461013
      },
      {
        "year": 2019,
        "export_value_usd": 6827.740031260777,
        "active_destinations": 6,
        "yoy_growth_pct": -88.21918860196045
      },
      {
        "year": 2020,
        "export_value_usd": 63994.25384955629,
        "active_destinations": 8,
        "yoy_growth_pct": 837.2684600842869
      },
      {
        "year": 2021,
        "export_value_usd": 86946.78287144433,
        "active_destinations": 8,
        "yoy_growth_pct": 35.86654682441802
      },
      {
        "year": 2022,
        "export_value_usd": 99644.87724962093,
        "active_destinations": 6,
        "yoy_growth_pct": 14.604444188523269
      },
      {
        "year": 2023,
        "export_value_usd": 159538.2982276042,
        "active_destinations": 10,
        "yoy_growth_pct": 60.10687416267665
      },
      {
        "year": 2024,
        "export_value_usd": 564196.8706672163,
        "active_destinations": 14,
        "yoy_growth_pct": 253.64353069775683
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "VEN",
      "exports_usd": 13200085503.257254,
      "imports_usd": 14325240493.82624,
      "trade_balance_usd": -1125154990.568987,
      "yoy_exports_growth_pct": 82.11112530683995,
      "yoy_imports_growth_pct": 36.42892163766183,
      "exports_cagr_3y_pct": 44.378505179386885,
      "imports_cagr_3y_pct": 23.02352215844412,
      "export_partner_hhi": 2516.299220254697,
      "export_product_hhi": 4955.455899791821,
      "momentum_score": 70.79133926860403,
      "risk_score": 37.35877560023259,
      "gdp_million_usd": 119802.96325778269,
      "gdp_per_capita_usd": 4217.5910264339145,
      "population": 28405543,
      "labor_force": 13647.58,
      "investment_rate_pct": 20.62,
      "savings_rate_pct": 16.2,
      "secondary_education_pct": 71.03,
      "tertiary_education_pct": 14.49,
      "total_factor_productivity": 531.08,
      "trade_openness_pct": 14.390220515210059,
      "exports_gdp_pct": 6.900995150125605,
      "num_active_partners": 270,
      "num_fta_partners": 5,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 9222.366255144032,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "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": 1.8518518518518516,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13132459018022274,
      "avg_mfn_tariff_pct": 0.13716341397185977,
      "avg_preferential_tariff_pct": 0.04698212517883296,
      "tariff_advantage_pp": 0.09018128879302681,
      "avg_distance_all_partners_km": 9022.806952651094,
      "num_border_partners": 75,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.79007230856391,
      "pct_products_high_elasticity": 69.9105733824303,
      "pct_products_low_elasticity": 3.787480273540242,
      "real_market_potential": 200308.2871830689,
      "foreign_market_potential": 9461.022611337874
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "170490",
    "hs_description": "Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa",
    "hs_chapter": 17,
    "hs_heading": 1704
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VEN",
    "hs_code": 170490,
    "num_markets": 16,
    "highest_price_importer_iso3": "ESP",
    "highest_price_usd_per_ton": 59000,
    "lowest_price_importer_iso3": "USA",
    "lowest_price_usd_per_ton": 1190.665687903257,
    "median_price_across_markets": 8798.126553240298,
    "price_spread_pct": 657.0641370327403,
    "avg_quantity_metric_tons": 2.431757575757576,
    "total_trade_value_usd": 362724
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 127909.84914291251,
      "active_destinations": 15,
      "yoy_growth_pct": 36.39146775369793
    },
    {
      "year": 2011,
      "export_value_usd": 56014.150876479194,
      "active_destinations": 11,
      "yoy_growth_pct": -56.208101837494084
    },
    {
      "year": 2012,
      "export_value_usd": 27254.57135738283,
      "active_destinations": 3,
      "yoy_growth_pct": -51.34341781332393
    },
    {
      "year": 2013,
      "export_value_usd": 112261.78976157909,
      "active_destinations": 9,
      "yoy_growth_pct": 311.9007717623457
    },
    {
      "year": 2014,
      "export_value_usd": 115988.87745701756,
      "active_destinations": 16,
      "yoy_growth_pct": 3.319996682178361
    },
    {
      "year": 2015,
      "export_value_usd": 24113.837934938623,
      "active_destinations": 12,
      "yoy_growth_pct": -79.2102152692403
    },
    {
      "year": 2016,
      "export_value_usd": 18418.328589374487,
      "active_destinations": 12,
      "yoy_growth_pct": -23.619256963288674
    },
    {
      "year": 2017,
      "export_value_usd": 19077.451041661596,
      "active_destinations": 10,
      "yoy_growth_pct": 3.5786225068617568
    },
    {
      "year": 2018,
      "export_value_usd": 57956.44969239545,
      "active_destinations": 12,
      "yoy_growth_pct": 203.7955624461013
    },
    {
      "year": 2019,
      "export_value_usd": 6827.740031260777,
      "active_destinations": 6,
      "yoy_growth_pct": -88.21918860196045
    },
    {
      "year": 2020,
      "export_value_usd": 63994.25384955629,
      "active_destinations": 8,
      "yoy_growth_pct": 837.2684600842869
    },
    {
      "year": 2021,
      "export_value_usd": 86946.78287144433,
      "active_destinations": 8,
      "yoy_growth_pct": 35.86654682441802
    },
    {
      "year": 2022,
      "export_value_usd": 99644.87724962093,
      "active_destinations": 6,
      "yoy_growth_pct": 14.604444188523269
    },
    {
      "year": 2023,
      "export_value_usd": 159538.2982276042,
      "active_destinations": 10,
      "yoy_growth_pct": 60.10687416267665
    },
    {
      "year": 2024,
      "export_value_usd": 564196.8706672163,
      "active_destinations": 14,
      "yoy_growth_pct": 253.64353069775683
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "VEN",
    "exports_usd": 13200085503.257254,
    "imports_usd": 14325240493.82624,
    "trade_balance_usd": -1125154990.568987,
    "yoy_exports_growth_pct": 82.11112530683995,
    "yoy_imports_growth_pct": 36.42892163766183,
    "exports_cagr_3y_pct": 44.378505179386885,
    "imports_cagr_3y_pct": 23.02352215844412,
    "export_partner_hhi": 2516.299220254697,
    "export_product_hhi": 4955.455899791821,
    "momentum_score": 70.79133926860403,
    "risk_score": 37.35877560023259,
    "gdp_million_usd": 119802.96325778269,
    "gdp_per_capita_usd": 4217.5910264339145,
    "population": 28405543,
    "labor_force": 13647.58,
    "investment_rate_pct": 20.62,
    "savings_rate_pct": 16.2,
    "secondary_education_pct": 71.03,
    "tertiary_education_pct": 14.49,
    "total_factor_productivity": 531.08,
    "trade_openness_pct": 14.390220515210059,
    "exports_gdp_pct": 6.900995150125605,
    "num_active_partners": 270,
    "num_fta_partners": 5,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 3,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 9222.366255144032,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "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": 1.8518518518518516,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13132459018022274,
    "avg_mfn_tariff_pct": 0.13716341397185977,
    "avg_preferential_tariff_pct": 0.04698212517883296,
    "tariff_advantage_pp": 0.09018128879302681,
    "avg_distance_all_partners_km": 9022.806952651094,
    "num_border_partners": 75,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.79007230856391,
    "pct_products_high_elasticity": 69.9105733824303,
    "pct_products_low_elasticity": 3.787480273540242,
    "real_market_potential": 200308.2871830689,
    "foreign_market_potential": 9461.022611337874
  }
}