{
  "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/720720",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720720",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/720720",
    "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": "720720",
    "exporter_iso3": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 25,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 64917566.02496365,
    "exports_current_2024_usd": 40135137.477175005,
    "exports_avg_3y_usd": 41012901.4145427,
    "exports_avg_5y_usd": 36923545.21598544,
    "exports_avg_10y_usd": 20841862.169635255,
    "exports_cagr_3y_pct": -6.521304079863888,
    "exports_cagr_5y_pct": 101.85757098464533,
    "exports_cagr_10y_pct": 71.85109785802106,
    "exports_all_year_lane_avg_usd": 58090480.78162271,
    "exports_historical_lane_peak_usd": 170707163.18460333,
    "historical_peak_year": 2005,
    "positive_growth_year_share_pct": 57.142857142857146,
    "trend_acceleration_pct": -78.37240193788494,
    "trend_label": "Declining",
    "top_market_iso3": "COL",
    "top_market_exports_usd": 20158466.706904404,
    "top_market_share_pct": 31.05240683107649,
    "destination_hhi": 2342.989981023922,
    "weighted_share_latest_pct": 12.474083011281078,
    "weighted_share_change_1y_pp": -3.1711749457468894,
    "weighted_volatility_cv": 0.8092920076862529,
    "weighted_max_drawdown_pct": 76.23127647674791,
    "limited_history_lane_share_pct": 72,
    "data_freshness_years": 0,
    "coverage_score": 71,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:30:17",
    "source": "api",
    "product": {
      "hs_code": 720720,
      "hs_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon",
      "hs_chapter": 72,
      "hs_heading": 7207,
      "substitution_elasticity": null,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon",
    "hs_chapter": 72,
    "hs_heading": 7207,
    "destinations": [
      {
        "hs_code": 720720,
        "corridor_rank": 74,
        "exporter_iso3": "VEN",
        "importer_iso3": "COL",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 20158466.706904404,
        "exports_all_year_avg_usd": 8276720.732288014,
        "exports_avg_3y_usd": 14579190.028452203,
        "exports_avg_5y_usd": 14579190.028452203,
        "exports_avg_10y_usd": 8411974.109889474,
        "exports_cagr_3y_pct": 52.93801069822166,
        "exports_cagr_5y_pct": 29.035515789938614,
        "exports_cagr_10y_pct": 99.447660728406,
        "exports_historical_peak_usd": 20158466.706904404,
        "buyer_imports_latest_observed_usd": 230279346.82624424,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 56.52173913043478,
        "trend_acceleration_pct": -46.509650030184346,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 86.9341,
        "buyer_yoy_all_avg_pct": 48.7986,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 8.753918657809482,
        "market_share_change_1y_pp": 1.4480504339148998,
        "peer_best_share_pct": 23.503801190239322,
        "peer_top_exporter": "DZA",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 1668.66,
        "distance_km": 1114.8294677734375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.09754176435676769,
        "tariff_advantage_pp": 0.09513269240072729,
        "volatility_cv": 0.6897502823261463,
        "max_drawdown_pct": 99.93714324699037,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720720,
        "corridor_rank": 76,
        "exporter_iso3": "VEN",
        "importer_iso3": "DOM",
        "latest_data_year": 2024,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 19976670.7702706,
        "exports_all_year_avg_usd": 9350842.01539882,
        "exports_avg_3y_usd": 27174955.90272172,
        "exports_avg_5y_usd": 22096647.677041296,
        "exports_avg_10y_usd": 12248585.93217036,
        "exports_cagr_3y_pct": 42.789621820132574,
        "exports_cagr_5y_pct": 37.587475309900206,
        "exports_cagr_10y_pct": 67.70031591501997,
        "exports_historical_peak_usd": 42236751.375,
        "buyer_imports_latest_observed_usd": 342596642.78158605,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 52.63157894736842,
        "trend_acceleration_pct": -24.910694094887397,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.0748,
        "buyer_yoy_all_avg_pct": 28.4724,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 5.830959290224636,
        "market_share_change_1y_pp": -0.03551363058522483,
        "peer_best_share_pct": 50.12173567719046,
        "peer_top_exporter": "BRA",
        "supplier_count_latest": 11,
        "buyer_market_hhi": 2989.79,
        "distance_km": 932.9859008789062,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09760514985454544,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.120374361270438,
        "max_drawdown_pct": 99.97609464502419,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "VEN",
      "hs_code": 720720,
      "num_markets": 3,
      "highest_price_importer_iso3": "DOM",
      "highest_price_usd_per_ton": 801.9884543090647,
      "lowest_price_importer_iso3": "COL",
      "lowest_price_usd_per_ton": 365.79571964460104,
      "median_price_across_markets": 549.0273674697094,
      "price_spread_pct": 79.44826806625974,
      "avg_quantity_metric_tons": 25682.879428571432,
      "total_trade_value_usd": 110505355
    },
    "history": [
      {
        "year": 2009,
        "export_value_usd": 25941739.253287576,
        "active_destinations": 3,
        "yoy_growth_pct": 14.541662954627228
      },
      {
        "year": 2010,
        "export_value_usd": 3011079.0354594085,
        "active_destinations": 2,
        "yoy_growth_pct": -88.39291766037694
      },
      {
        "year": 2011,
        "export_value_usd": 23959199.125435755,
        "active_destinations": 4,
        "yoy_growth_pct": 695.7014360395304
      },
      {
        "year": 2012,
        "export_value_usd": 11458.80454720475,
        "active_destinations": 1,
        "yoy_growth_pct": -99.95217367455726
      },
      {
        "year": 2014,
        "export_value_usd": 178649.43438027598,
        "active_destinations": 4,
        "yoy_growth_pct": 1459.0582215127804
      },
      {
        "year": 2015,
        "export_value_usd": 984277.2609382895,
        "active_destinations": 4,
        "yoy_growth_pct": 450.954591237687
      },
      {
        "year": 2016,
        "export_value_usd": 6408602.507457437,
        "active_destinations": 4,
        "yoy_growth_pct": 551.0972834370124
      },
      {
        "year": 2017,
        "export_value_usd": 11158830.569976887,
        "active_destinations": 2,
        "yoy_growth_pct": 74.12268208227609
      },
      {
        "year": 2018,
        "export_value_usd": 4051619.0500000003,
        "active_destinations": 1,
        "yoy_growth_pct": -63.69136510683312
      },
      {
        "year": 2019,
        "export_value_usd": 1197566.2280526839,
        "active_destinations": 1,
        "yoy_growth_pct": -70.4422796597157
      },
      {
        "year": 2020,
        "export_value_usd": 12444490.313539442,
        "active_destinations": 2,
        "yoy_growth_pct": 939.1484013184763
      },
      {
        "year": 2021,
        "export_value_usd": 49134531.522759706,
        "active_destinations": 2,
        "yoy_growth_pct": 294.82960157317154
      },
      {
        "year": 2022,
        "export_value_usd": 54592207.853558496,
        "active_destinations": 2,
        "yoy_growth_pct": 11.107618535592893
      },
      {
        "year": 2023,
        "export_value_usd": 28311358.912894577,
        "active_destinations": 2,
        "yoy_growth_pct": -48.14029322858912
      },
      {
        "year": 2024,
        "export_value_usd": 40135137.477175005,
        "active_destinations": 2,
        "yoy_growth_pct": 41.763373494923336
      }
    ],
    "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": "720720",
    "hs_description": "Iron or non-alloy steel: semi-finished products of iron or non-alloy steel, containing by weight 0.25% or more of carbon",
    "hs_chapter": 72,
    "hs_heading": 7207
  },
  "destinations": [
    {
      "hs_code": 720720,
      "corridor_rank": 74,
      "exporter_iso3": "VEN",
      "importer_iso3": "COL",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 20158466.706904404,
      "exports_all_year_avg_usd": 8276720.732288014,
      "exports_avg_3y_usd": 14579190.028452203,
      "exports_avg_5y_usd": 14579190.028452203,
      "exports_avg_10y_usd": 8411974.109889474,
      "exports_cagr_3y_pct": 52.93801069822166,
      "exports_cagr_5y_pct": 29.035515789938614,
      "exports_cagr_10y_pct": 99.447660728406,
      "exports_historical_peak_usd": 20158466.706904404,
      "buyer_imports_latest_observed_usd": 230279346.82624424,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 56.52173913043478,
      "trend_acceleration_pct": -46.509650030184346,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 86.9341,
      "buyer_yoy_all_avg_pct": 48.7986,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 8.753918657809482,
      "market_share_change_1y_pp": 1.4480504339148998,
      "peer_best_share_pct": 23.503801190239322,
      "peer_top_exporter": "DZA",
      "supplier_count_latest": 15,
      "buyer_market_hhi": 1668.66,
      "distance_km": 1114.8294677734375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.09754176435676769,
      "tariff_advantage_pp": 0.09513269240072729,
      "volatility_cv": 0.6897502823261463,
      "max_drawdown_pct": 99.93714324699037,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 720720,
      "corridor_rank": 76,
      "exporter_iso3": "VEN",
      "importer_iso3": "DOM",
      "latest_data_year": 2024,
      "lane_data_years": 20,
      "exports_latest_observed_usd": 19976670.7702706,
      "exports_all_year_avg_usd": 9350842.01539882,
      "exports_avg_3y_usd": 27174955.90272172,
      "exports_avg_5y_usd": 22096647.677041296,
      "exports_avg_10y_usd": 12248585.93217036,
      "exports_cagr_3y_pct": 42.789621820132574,
      "exports_cagr_5y_pct": 37.587475309900206,
      "exports_cagr_10y_pct": 67.70031591501997,
      "exports_historical_peak_usd": 42236751.375,
      "buyer_imports_latest_observed_usd": 342596642.78158605,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 52.63157894736842,
      "trend_acceleration_pct": -24.910694094887397,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.0748,
      "buyer_yoy_all_avg_pct": 28.4724,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 5.830959290224636,
      "market_share_change_1y_pp": -0.03551363058522483,
      "peer_best_share_pct": 50.12173567719046,
      "peer_top_exporter": "BRA",
      "supplier_count_latest": 11,
      "buyer_market_hhi": 2989.79,
      "distance_km": 932.9859008789062,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09760514985454544,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.120374361270438,
      "max_drawdown_pct": 99.97609464502419,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','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": "VEN",
    "hs_code": 720720,
    "num_markets": 3,
    "highest_price_importer_iso3": "DOM",
    "highest_price_usd_per_ton": 801.9884543090647,
    "lowest_price_importer_iso3": "COL",
    "lowest_price_usd_per_ton": 365.79571964460104,
    "median_price_across_markets": 549.0273674697094,
    "price_spread_pct": 79.44826806625974,
    "avg_quantity_metric_tons": 25682.879428571432,
    "total_trade_value_usd": 110505355
  },
  "history": [
    {
      "year": 2009,
      "export_value_usd": 25941739.253287576,
      "active_destinations": 3,
      "yoy_growth_pct": 14.541662954627228
    },
    {
      "year": 2010,
      "export_value_usd": 3011079.0354594085,
      "active_destinations": 2,
      "yoy_growth_pct": -88.39291766037694
    },
    {
      "year": 2011,
      "export_value_usd": 23959199.125435755,
      "active_destinations": 4,
      "yoy_growth_pct": 695.7014360395304
    },
    {
      "year": 2012,
      "export_value_usd": 11458.80454720475,
      "active_destinations": 1,
      "yoy_growth_pct": -99.95217367455726
    },
    {
      "year": 2014,
      "export_value_usd": 178649.43438027598,
      "active_destinations": 4,
      "yoy_growth_pct": 1459.0582215127804
    },
    {
      "year": 2015,
      "export_value_usd": 984277.2609382895,
      "active_destinations": 4,
      "yoy_growth_pct": 450.954591237687
    },
    {
      "year": 2016,
      "export_value_usd": 6408602.507457437,
      "active_destinations": 4,
      "yoy_growth_pct": 551.0972834370124
    },
    {
      "year": 2017,
      "export_value_usd": 11158830.569976887,
      "active_destinations": 2,
      "yoy_growth_pct": 74.12268208227609
    },
    {
      "year": 2018,
      "export_value_usd": 4051619.0500000003,
      "active_destinations": 1,
      "yoy_growth_pct": -63.69136510683312
    },
    {
      "year": 2019,
      "export_value_usd": 1197566.2280526839,
      "active_destinations": 1,
      "yoy_growth_pct": -70.4422796597157
    },
    {
      "year": 2020,
      "export_value_usd": 12444490.313539442,
      "active_destinations": 2,
      "yoy_growth_pct": 939.1484013184763
    },
    {
      "year": 2021,
      "export_value_usd": 49134531.522759706,
      "active_destinations": 2,
      "yoy_growth_pct": 294.82960157317154
    },
    {
      "year": 2022,
      "export_value_usd": 54592207.853558496,
      "active_destinations": 2,
      "yoy_growth_pct": 11.107618535592893
    },
    {
      "year": 2023,
      "export_value_usd": 28311358.912894577,
      "active_destinations": 2,
      "yoy_growth_pct": -48.14029322858912
    },
    {
      "year": 2024,
      "export_value_usd": 40135137.477175005,
      "active_destinations": 2,
      "yoy_growth_pct": 41.763373494923336
    }
  ],
  "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
  }
}