{
  "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/720449",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720449",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/720449",
    "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": "720449",
    "exporter_iso3": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 39,
    "current_lane_count": 9,
    "active_market_count": 9,
    "exports_latest_observed_lanes_usd": 317581212.1398752,
    "exports_current_2024_usd": 261714848.5419399,
    "exports_avg_3y_usd": 398913531.9994485,
    "exports_avg_5y_usd": 364634671.3101276,
    "exports_avg_10y_usd": 185599966.10687238,
    "exports_cagr_3y_pct": -22.163397343585324,
    "exports_cagr_5y_pct": 78.99357445421325,
    "exports_cagr_10y_pct": 117.09688185056977,
    "exports_all_year_lane_avg_usd": 283533806.53154135,
    "exports_historical_lane_peak_usd": 768690908.5986068,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -139.2602791941551,
    "trend_label": "Rapid decline",
    "top_market_iso3": "TUR",
    "top_market_exports_usd": 197318934.99999988,
    "top_market_share_pct": 62.13180360086695,
    "destination_hhi": 4062.574830663041,
    "weighted_share_latest_pct": 5.788449699995482,
    "weighted_share_change_1y_pp": 1.6895912720915027,
    "weighted_volatility_cv": 0.9688321944163247,
    "weighted_max_drawdown_pct": 60.017491839043636,
    "limited_history_lane_share_pct": 66.66666666666667,
    "data_freshness_years": 0,
    "coverage_score": 74.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:30:17",
    "source": "api",
    "product": {
      "hs_code": 720449,
      "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -22.737358,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [
      {
        "hs_code": 720449,
        "corridor_rank": 34,
        "exporter_iso3": "VEN",
        "importer_iso3": "TUR",
        "latest_data_year": 2024,
        "lane_data_years": 7,
        "exports_latest_observed_usd": 197318934.99999988,
        "exports_all_year_avg_usd": 188268236.07721907,
        "exports_avg_3y_usd": 293237955.3333333,
        "exports_avg_5y_usd": 259790598.6,
        "exports_avg_10y_usd": 188268236.0772191,
        "exports_cagr_3y_pct": -19.216161207026627,
        "exports_cagr_5y_pct": 97.83256740254285,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 435545600,
        "buyer_imports_latest_observed_usd": 6759135504.141641,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 5.0749,
        "buyer_yoy_all_avg_pct": 13.2608,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.919292487613146,
        "market_share_change_1y_pp": -0.9181315639736236,
        "peer_best_share_pct": 24.140168899912783,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 1035.51,
        "distance_km": 9732.609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.08962573311212124,
        "tariff_advantage_pp": 0.052175485414484864,
        "volatility_cv": 0.8605901047829785,
        "max_drawdown_pct": 54.696147774194046,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "VEN",
      "hs_code": 720449,
      "num_markets": 17,
      "highest_price_importer_iso3": "USA",
      "highest_price_usd_per_ton": 4561.533333333334,
      "lowest_price_importer_iso3": "ESP",
      "lowest_price_usd_per_ton": 153.8005081265444,
      "median_price_across_markets": 357.21089743589744,
      "price_spread_pct": 1233.9301115520336,
      "avg_quantity_metric_tons": 63714.90866666666,
      "total_trade_value_usd": 1118107501
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 10210994.588747572,
        "active_destinations": 5,
        "yoy_growth_pct": 3565.784724427658
      },
      {
        "year": 2011,
        "export_value_usd": 1408817.712346973,
        "active_destinations": 2,
        "yoy_growth_pct": -86.2029335134554
      },
      {
        "year": 2012,
        "export_value_usd": 4955414.399479423,
        "active_destinations": 4,
        "yoy_growth_pct": 251.74276672204206
      },
      {
        "year": 2013,
        "export_value_usd": 20882343.530393973,
        "active_destinations": 2,
        "yoy_growth_pct": 321.40458591288973
      },
      {
        "year": 2014,
        "export_value_usd": 112536.26723391392,
        "active_destinations": 4,
        "yoy_growth_pct": -99.4610936886939
      },
      {
        "year": 2015,
        "export_value_usd": 223702.42928610666,
        "active_destinations": 4,
        "yoy_growth_pct": 98.78252121258532
      },
      {
        "year": 2016,
        "export_value_usd": 86818.11759918969,
        "active_destinations": 4,
        "yoy_growth_pct": -61.19035547524041
      },
      {
        "year": 2017,
        "export_value_usd": 2035347.338183088,
        "active_destinations": 5,
        "yoy_growth_pct": 2244.3808671130237
      },
      {
        "year": 2018,
        "export_value_usd": 16236135.087469459,
        "active_destinations": 12,
        "yoy_growth_pct": 697.7083214682716
      },
      {
        "year": 2019,
        "export_value_usd": 14244301.545547778,
        "active_destinations": 11,
        "yoy_growth_pct": -12.26790446858819
      },
      {
        "year": 2020,
        "export_value_usd": 71453508.39117168,
        "active_destinations": 7,
        "yoy_growth_pct": 401.6287261449144
      },
      {
        "year": 2021,
        "export_value_usd": 554979252.161121,
        "active_destinations": 16,
        "yoy_growth_pct": 676.6997935537207
      },
      {
        "year": 2022,
        "export_value_usd": 569059671.9633412,
        "active_destinations": 13,
        "yoy_growth_pct": 2.5371074229154087
      },
      {
        "year": 2023,
        "export_value_usd": 365966075.49306417,
        "active_destinations": 8,
        "yoy_growth_pct": -35.6893321520349
      },
      {
        "year": 2024,
        "export_value_usd": 261714848.5419399,
        "active_destinations": 9,
        "yoy_growth_pct": -28.486582208656124
      }
    ],
    "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": "720449",
    "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [
    {
      "hs_code": 720449,
      "corridor_rank": 34,
      "exporter_iso3": "VEN",
      "importer_iso3": "TUR",
      "latest_data_year": 2024,
      "lane_data_years": 7,
      "exports_latest_observed_usd": 197318934.99999988,
      "exports_all_year_avg_usd": 188268236.07721907,
      "exports_avg_3y_usd": 293237955.3333333,
      "exports_avg_5y_usd": 259790598.6,
      "exports_avg_10y_usd": 188268236.0772191,
      "exports_cagr_3y_pct": -19.216161207026627,
      "exports_cagr_5y_pct": 97.83256740254285,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 435545600,
      "buyer_imports_latest_observed_usd": 6759135504.141641,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 5.0749,
      "buyer_yoy_all_avg_pct": 13.2608,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 2.919292487613146,
      "market_share_change_1y_pp": -0.9181315639736236,
      "peer_best_share_pct": 24.140168899912783,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 45,
      "buyer_market_hhi": 1035.51,
      "distance_km": 9732.609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.08962573311212124,
      "tariff_advantage_pp": 0.052175485414484864,
      "volatility_cv": 0.8605901047829785,
      "max_drawdown_pct": 54.696147774194046,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VEN",
    "hs_code": 720449,
    "num_markets": 17,
    "highest_price_importer_iso3": "USA",
    "highest_price_usd_per_ton": 4561.533333333334,
    "lowest_price_importer_iso3": "ESP",
    "lowest_price_usd_per_ton": 153.8005081265444,
    "median_price_across_markets": 357.21089743589744,
    "price_spread_pct": 1233.9301115520336,
    "avg_quantity_metric_tons": 63714.90866666666,
    "total_trade_value_usd": 1118107501
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 10210994.588747572,
      "active_destinations": 5,
      "yoy_growth_pct": 3565.784724427658
    },
    {
      "year": 2011,
      "export_value_usd": 1408817.712346973,
      "active_destinations": 2,
      "yoy_growth_pct": -86.2029335134554
    },
    {
      "year": 2012,
      "export_value_usd": 4955414.399479423,
      "active_destinations": 4,
      "yoy_growth_pct": 251.74276672204206
    },
    {
      "year": 2013,
      "export_value_usd": 20882343.530393973,
      "active_destinations": 2,
      "yoy_growth_pct": 321.40458591288973
    },
    {
      "year": 2014,
      "export_value_usd": 112536.26723391392,
      "active_destinations": 4,
      "yoy_growth_pct": -99.4610936886939
    },
    {
      "year": 2015,
      "export_value_usd": 223702.42928610666,
      "active_destinations": 4,
      "yoy_growth_pct": 98.78252121258532
    },
    {
      "year": 2016,
      "export_value_usd": 86818.11759918969,
      "active_destinations": 4,
      "yoy_growth_pct": -61.19035547524041
    },
    {
      "year": 2017,
      "export_value_usd": 2035347.338183088,
      "active_destinations": 5,
      "yoy_growth_pct": 2244.3808671130237
    },
    {
      "year": 2018,
      "export_value_usd": 16236135.087469459,
      "active_destinations": 12,
      "yoy_growth_pct": 697.7083214682716
    },
    {
      "year": 2019,
      "export_value_usd": 14244301.545547778,
      "active_destinations": 11,
      "yoy_growth_pct": -12.26790446858819
    },
    {
      "year": 2020,
      "export_value_usd": 71453508.39117168,
      "active_destinations": 7,
      "yoy_growth_pct": 401.6287261449144
    },
    {
      "year": 2021,
      "export_value_usd": 554979252.161121,
      "active_destinations": 16,
      "yoy_growth_pct": 676.6997935537207
    },
    {
      "year": 2022,
      "export_value_usd": 569059671.9633412,
      "active_destinations": 13,
      "yoy_growth_pct": 2.5371074229154087
    },
    {
      "year": 2023,
      "export_value_usd": 365966075.49306417,
      "active_destinations": 8,
      "yoy_growth_pct": -35.6893321520349
    },
    {
      "year": 2024,
      "export_value_usd": 261714848.5419399,
      "active_destinations": 9,
      "yoy_growth_pct": -28.486582208656124
    }
  ],
  "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
  }
}