{
  "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/721720",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721720",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/721720",
    "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": "721720",
    "exporter_iso3": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 35,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 2424977.9729121584,
    "exports_current_2024_usd": 354951.55921491806,
    "exports_avg_3y_usd": 588585.3057383262,
    "exports_avg_5y_usd": 589747.0816202754,
    "exports_avg_10y_usd": 470271.1963571721,
    "exports_cagr_3y_pct": -10.682794899794368,
    "exports_cagr_5y_pct": 7.223653462477508,
    "exports_cagr_10y_pct": -7.126998723156552,
    "exports_all_year_lane_avg_usd": 5153732.607834166,
    "exports_historical_lane_peak_usd": 18555533.614972807,
    "historical_peak_year": 2004,
    "positive_growth_year_share_pct": 41.37931034482759,
    "trend_acceleration_pct": -3.5557961766378163,
    "trend_label": "Rapid decline",
    "top_market_iso3": "GTM",
    "top_market_exports_usd": 585356.2030934339,
    "top_market_share_pct": 24.138619386735254,
    "destination_hhi": 1289.0972443215514,
    "weighted_share_latest_pct": 9.773449999874671,
    "weighted_share_change_1y_pp": 1.087105972568162,
    "weighted_volatility_cv": 1.0936514960528358,
    "weighted_max_drawdown_pct": 84.36100102995401,
    "limited_history_lane_share_pct": 48.57142857142857,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:17",
    "source": "api",
    "product": {
      "hs_code": 721720,
      "hs_description": "Iron or non-alloy steel: wire, plated or coated with zinc",
      "hs_chapter": 72,
      "hs_heading": 7217,
      "substitution_elasticity": -6.4120207,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Iron or non-alloy steel: wire, plated or coated with zinc",
    "hs_chapter": 72,
    "hs_heading": 7217,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "VEN",
      "hs_code": 721720,
      "num_markets": 8,
      "highest_price_importer_iso3": "CUB",
      "highest_price_usd_per_ton": 1905.5430534170318,
      "lowest_price_importer_iso3": "PRY",
      "lowest_price_usd_per_ton": 425.46583850931677,
      "median_price_across_markets": 1033.483996677953,
      "price_spread_pct": 143.21239803086436,
      "avg_quantity_metric_tons": 183.65245454545453,
      "total_trade_value_usd": 2009339
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 366174.43699425686,
        "active_destinations": 5,
        "yoy_growth_pct": -74.56938527892753
      },
      {
        "year": 2011,
        "export_value_usd": 2237316.580444061,
        "active_destinations": 6,
        "yoy_growth_pct": 510.9974794551679
      },
      {
        "year": 2012,
        "export_value_usd": 971439.2732404575,
        "active_destinations": 2,
        "yoy_growth_pct": -56.58016028077498
      },
      {
        "year": 2013,
        "export_value_usd": 2060683.249241387,
        "active_destinations": 4,
        "yoy_growth_pct": 112.12682109994456
      },
      {
        "year": 2014,
        "export_value_usd": 743488.5493627252,
        "active_destinations": 9,
        "yoy_growth_pct": -63.92028956238517
      },
      {
        "year": 2015,
        "export_value_usd": 39724.08014400049,
        "active_destinations": 7,
        "yoy_growth_pct": -94.65706900556174
      },
      {
        "year": 2016,
        "export_value_usd": 18238.547001843097,
        "active_destinations": 7,
        "yoy_growth_pct": -54.08692426425472
      },
      {
        "year": 2017,
        "export_value_usd": 698394.7615795234,
        "active_destinations": 6,
        "yoy_growth_pct": 3729.223684918251
      },
      {
        "year": 2018,
        "export_value_usd": 747172.0228494654,
        "active_destinations": 6,
        "yoy_growth_pct": 6.98419632467244
      },
      {
        "year": 2019,
        "export_value_usd": 250447.14389551134,
        "active_destinations": 3,
        "yoy_growth_pct": -66.48065823712332
      },
      {
        "year": 2020,
        "export_value_usd": 684825.3851862187,
        "active_destinations": 3,
        "yoy_growth_pct": 173.44108402846615
      },
      {
        "year": 2021,
        "export_value_usd": 498154.1057001801,
        "active_destinations": 4,
        "yoy_growth_pct": -27.25823013048482
      },
      {
        "year": 2022,
        "export_value_usd": 264501.7753679388,
        "active_destinations": 3,
        "yoy_growth_pct": -46.90362433203907
      },
      {
        "year": 2023,
        "export_value_usd": 1146302.5826321216,
        "active_destinations": 4,
        "yoy_growth_pct": 333.38181040091007
      },
      {
        "year": 2024,
        "export_value_usd": 354951.55921491806,
        "active_destinations": 3,
        "yoy_growth_pct": -69.03509033366356
      }
    ],
    "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": "721720",
    "hs_description": "Iron or non-alloy steel: wire, plated or coated with zinc",
    "hs_chapter": 72,
    "hs_heading": 7217
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VEN",
    "hs_code": 721720,
    "num_markets": 8,
    "highest_price_importer_iso3": "CUB",
    "highest_price_usd_per_ton": 1905.5430534170318,
    "lowest_price_importer_iso3": "PRY",
    "lowest_price_usd_per_ton": 425.46583850931677,
    "median_price_across_markets": 1033.483996677953,
    "price_spread_pct": 143.21239803086436,
    "avg_quantity_metric_tons": 183.65245454545453,
    "total_trade_value_usd": 2009339
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 366174.43699425686,
      "active_destinations": 5,
      "yoy_growth_pct": -74.56938527892753
    },
    {
      "year": 2011,
      "export_value_usd": 2237316.580444061,
      "active_destinations": 6,
      "yoy_growth_pct": 510.9974794551679
    },
    {
      "year": 2012,
      "export_value_usd": 971439.2732404575,
      "active_destinations": 2,
      "yoy_growth_pct": -56.58016028077498
    },
    {
      "year": 2013,
      "export_value_usd": 2060683.249241387,
      "active_destinations": 4,
      "yoy_growth_pct": 112.12682109994456
    },
    {
      "year": 2014,
      "export_value_usd": 743488.5493627252,
      "active_destinations": 9,
      "yoy_growth_pct": -63.92028956238517
    },
    {
      "year": 2015,
      "export_value_usd": 39724.08014400049,
      "active_destinations": 7,
      "yoy_growth_pct": -94.65706900556174
    },
    {
      "year": 2016,
      "export_value_usd": 18238.547001843097,
      "active_destinations": 7,
      "yoy_growth_pct": -54.08692426425472
    },
    {
      "year": 2017,
      "export_value_usd": 698394.7615795234,
      "active_destinations": 6,
      "yoy_growth_pct": 3729.223684918251
    },
    {
      "year": 2018,
      "export_value_usd": 747172.0228494654,
      "active_destinations": 6,
      "yoy_growth_pct": 6.98419632467244
    },
    {
      "year": 2019,
      "export_value_usd": 250447.14389551134,
      "active_destinations": 3,
      "yoy_growth_pct": -66.48065823712332
    },
    {
      "year": 2020,
      "export_value_usd": 684825.3851862187,
      "active_destinations": 3,
      "yoy_growth_pct": 173.44108402846615
    },
    {
      "year": 2021,
      "export_value_usd": 498154.1057001801,
      "active_destinations": 4,
      "yoy_growth_pct": -27.25823013048482
    },
    {
      "year": 2022,
      "export_value_usd": 264501.7753679388,
      "active_destinations": 3,
      "yoy_growth_pct": -46.90362433203907
    },
    {
      "year": 2023,
      "export_value_usd": 1146302.5826321216,
      "active_destinations": 4,
      "yoy_growth_pct": 333.38181040091007
    },
    {
      "year": 2024,
      "export_value_usd": 354951.55921491806,
      "active_destinations": 3,
      "yoy_growth_pct": -69.03509033366356
    }
  ],
  "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
  }
}