{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/vnm/920120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920120",
    "exporter": "https://www.yugalinks.com/trade/exporter/vnm/920120",
    "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": "920120",
    "exporter_iso3": "VNM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 40,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 642837.9968328528,
    "exports_current_2024_usd": 619217.8136087598,
    "exports_avg_3y_usd": 499729.49236000236,
    "exports_avg_5y_usd": 463146.002988429,
    "exports_avg_10y_usd": 372341.5209070714,
    "exports_cagr_3y_pct": 14.062092277490134,
    "exports_cagr_5y_pct": 19.00999986851155,
    "exports_cagr_10y_pct": 22.179335418015157,
    "exports_all_year_lane_avg_usd": 348221.4673170344,
    "exports_historical_lane_peak_usd": 1472603.820571062,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 53.57142857142857,
    "trend_acceleration_pct": -8.117243140525023,
    "trend_label": "Rapid growth",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 360308.31587291934,
    "top_market_share_pct": 56.04962955645024,
    "destination_hhi": 3452.718895184654,
    "weighted_share_latest_pct": 0.5772667196094395,
    "weighted_share_change_1y_pp": 0.295078410837617,
    "weighted_volatility_cv": 1.286311337155873,
    "weighted_max_drawdown_pct": 93.55719071340576,
    "limited_history_lane_share_pct": 52.5,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:30:18",
    "source": "api",
    "product": {
      "hs_code": 920120,
      "hs_description": "Musical instruments: pianos, grand",
      "hs_chapter": 92,
      "hs_heading": 9201,
      "substitution_elasticity": -4.3214273,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: pianos, grand",
    "hs_chapter": 92,
    "hs_heading": 9201,
    "destinations": [
      {
        "hs_code": 920120,
        "corridor_rank": 71,
        "exporter_iso3": "VNM",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 17,
        "exports_latest_observed_usd": 360308.31587291934,
        "exports_all_year_avg_usd": 59716.84414895888,
        "exports_avg_3y_usd": 184342.14072648625,
        "exports_avg_5y_usd": 152884.14754334936,
        "exports_avg_10y_usd": 91828.16858735026,
        "exports_cagr_3y_pct": 76.21939546060028,
        "exports_cagr_5y_pct": 44.902875071749705,
        "exports_cagr_10y_pct": 27.899807041849,
        "exports_historical_peak_usd": 360308.31587291934,
        "buyer_imports_latest_observed_usd": 77239977.96749468,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 62.5,
        "trend_acceleration_pct": 48.31958841875128,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -14.3722,
        "buyer_yoy_all_avg_pct": 0.2665,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.46647905055663,
        "market_share_change_1y_pp": 0.36026062808160936,
        "peer_best_share_pct": 50.62941304413382,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 3023.47,
        "distance_km": 13159.259765625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.045268132218115945,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.4208578991103786,
        "max_drawdown_pct": 99.88461757926493,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "VNM",
      "hs_code": 920120,
      "num_markets": 31,
      "highest_price_importer_iso3": "GBR",
      "highest_price_usd_per_ton": 535000,
      "lowest_price_importer_iso3": "DEU",
      "lowest_price_usd_per_ton": 1768.2685977616854,
      "median_price_across_markets": 57926.829268292684,
      "price_spread_pct": 920.5263573680746,
      "avg_quantity_metric_tons": 1.386952380952381,
      "total_trade_value_usd": 2230792
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 125970.8920776245,
        "active_destinations": 10,
        "yoy_growth_pct": 338.58073977095324
      },
      {
        "year": 2011,
        "export_value_usd": 286532.289733744,
        "active_destinations": 9,
        "yoy_growth_pct": 127.45912568212978
      },
      {
        "year": 2012,
        "export_value_usd": 170120.11640518054,
        "active_destinations": 13,
        "yoy_growth_pct": -40.62794229464951
      },
      {
        "year": 2013,
        "export_value_usd": 88146.75187900163,
        "active_destinations": 5,
        "yoy_growth_pct": -48.185579846971365
      },
      {
        "year": 2014,
        "export_value_usd": 83534.49598414417,
        "active_destinations": 12,
        "yoy_growth_pct": -5.232474023760588
      },
      {
        "year": 2015,
        "export_value_usd": 172032.58149656828,
        "active_destinations": 11,
        "yoy_growth_pct": 105.9419638196202
      },
      {
        "year": 2016,
        "export_value_usd": 141140.28298022016,
        "active_destinations": 10,
        "yoy_growth_pct": -17.957237081258565
      },
      {
        "year": 2017,
        "export_value_usd": 168733.47303144302,
        "active_destinations": 13,
        "yoy_growth_pct": 19.55018756416257
      },
      {
        "year": 2018,
        "export_value_usd": 666405.0188465763,
        "active_destinations": 14,
        "yoy_growth_pct": 294.94535783210813
      },
      {
        "year": 2019,
        "export_value_usd": 259373.8377737611,
        "active_destinations": 21,
        "yoy_growth_pct": -61.07864880389269
      },
      {
        "year": 2020,
        "export_value_usd": 399269.3485925514,
        "active_destinations": 19,
        "yoy_growth_pct": 53.935860308630744
      },
      {
        "year": 2021,
        "export_value_usd": 417272.1892695865,
        "active_destinations": 17,
        "yoy_growth_pct": 4.508946339230948
      },
      {
        "year": 2022,
        "export_value_usd": 472216.4484539012,
        "active_destinations": 17,
        "yoy_growth_pct": 13.16748649855908
      },
      {
        "year": 2023,
        "export_value_usd": 407754.215017346,
        "active_destinations": 21,
        "yoy_growth_pct": -13.65099281221843
      },
      {
        "year": 2024,
        "export_value_usd": 619217.8136087598,
        "active_destinations": 23,
        "yoy_growth_pct": 51.86055491355693
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "VNM",
      "exports_usd": 450915295703.1746,
      "imports_usd": 381218902647.6394,
      "trade_balance_usd": 69696393055.53522,
      "yoy_exports_growth_pct": 13.725488700787292,
      "yoy_imports_growth_pct": 15.67277111361529,
      "exports_cagr_3y_pct": 7.295174087342682,
      "imports_cagr_3y_pct": 4.2484023972689355,
      "export_partner_hhi": 1231.7927856205781,
      "export_product_hhi": 230.3834187225243,
      "momentum_score": 11.796394316753908,
      "risk_score": 7.310881021715512,
      "gdp_million_usd": 476388.23030717525,
      "gdp_per_capita_usd": 4717.290287324488,
      "population": 100987686,
      "labor_force": 59201.53,
      "investment_rate_pct": 32.47,
      "savings_rate_pct": 24.53,
      "secondary_education_pct": 71.58,
      "tertiary_education_pct": 6.59,
      "total_factor_productivity": 287.3,
      "trade_openness_pct": 301.85354924188175,
      "exports_gdp_pct": 163.56782678227825,
      "num_active_partners": 1080,
      "num_fta_partners": 102,
      "num_wto_partners": 676,
      "num_eu_partners": 112,
      "num_shared_border_partners": 6,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 9643.152263374486,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.77418617021274,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 9.444444444444445,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 0.5555555555555556,
      "avg_applied_tariff_pct": 0.12663785666716132,
      "avg_mfn_tariff_pct": 0.1317541361222806,
      "avg_preferential_tariff_pct": 0.04155171411555329,
      "tariff_advantage_pp": 0.0902024220067273,
      "avg_distance_all_partners_km": 9401.718034254704,
      "num_border_partners": 105,
      "num_colonial_partners": 35,
      "avg_substitution_elasticity": -10.51408978907655,
      "pct_products_high_elasticity": 75.1926782273603,
      "pct_products_low_elasticity": 2.7697495183044314,
      "real_market_potential": 74425.93892458122,
      "foreign_market_potential": 10045.70242824143
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "920120",
    "hs_description": "Musical instruments: pianos, grand",
    "hs_chapter": 92,
    "hs_heading": 9201
  },
  "destinations": [
    {
      "hs_code": 920120,
      "corridor_rank": 71,
      "exporter_iso3": "VNM",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 17,
      "exports_latest_observed_usd": 360308.31587291934,
      "exports_all_year_avg_usd": 59716.84414895888,
      "exports_avg_3y_usd": 184342.14072648625,
      "exports_avg_5y_usd": 152884.14754334936,
      "exports_avg_10y_usd": 91828.16858735026,
      "exports_cagr_3y_pct": 76.21939546060028,
      "exports_cagr_5y_pct": 44.902875071749705,
      "exports_cagr_10y_pct": 27.899807041849,
      "exports_historical_peak_usd": 360308.31587291934,
      "buyer_imports_latest_observed_usd": 77239977.96749468,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 62.5,
      "trend_acceleration_pct": 48.31958841875128,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -14.3722,
      "buyer_yoy_all_avg_pct": 0.2665,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.46647905055663,
      "market_share_change_1y_pp": 0.36026062808160936,
      "peer_best_share_pct": 50.62941304413382,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 3023.47,
      "distance_km": 13159.259765625,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.045268132218115945,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.4208578991103786,
      "max_drawdown_pct": 99.88461757926493,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VNM",
    "hs_code": 920120,
    "num_markets": 31,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 535000,
    "lowest_price_importer_iso3": "DEU",
    "lowest_price_usd_per_ton": 1768.2685977616854,
    "median_price_across_markets": 57926.829268292684,
    "price_spread_pct": 920.5263573680746,
    "avg_quantity_metric_tons": 1.386952380952381,
    "total_trade_value_usd": 2230792
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 125970.8920776245,
      "active_destinations": 10,
      "yoy_growth_pct": 338.58073977095324
    },
    {
      "year": 2011,
      "export_value_usd": 286532.289733744,
      "active_destinations": 9,
      "yoy_growth_pct": 127.45912568212978
    },
    {
      "year": 2012,
      "export_value_usd": 170120.11640518054,
      "active_destinations": 13,
      "yoy_growth_pct": -40.62794229464951
    },
    {
      "year": 2013,
      "export_value_usd": 88146.75187900163,
      "active_destinations": 5,
      "yoy_growth_pct": -48.185579846971365
    },
    {
      "year": 2014,
      "export_value_usd": 83534.49598414417,
      "active_destinations": 12,
      "yoy_growth_pct": -5.232474023760588
    },
    {
      "year": 2015,
      "export_value_usd": 172032.58149656828,
      "active_destinations": 11,
      "yoy_growth_pct": 105.9419638196202
    },
    {
      "year": 2016,
      "export_value_usd": 141140.28298022016,
      "active_destinations": 10,
      "yoy_growth_pct": -17.957237081258565
    },
    {
      "year": 2017,
      "export_value_usd": 168733.47303144302,
      "active_destinations": 13,
      "yoy_growth_pct": 19.55018756416257
    },
    {
      "year": 2018,
      "export_value_usd": 666405.0188465763,
      "active_destinations": 14,
      "yoy_growth_pct": 294.94535783210813
    },
    {
      "year": 2019,
      "export_value_usd": 259373.8377737611,
      "active_destinations": 21,
      "yoy_growth_pct": -61.07864880389269
    },
    {
      "year": 2020,
      "export_value_usd": 399269.3485925514,
      "active_destinations": 19,
      "yoy_growth_pct": 53.935860308630744
    },
    {
      "year": 2021,
      "export_value_usd": 417272.1892695865,
      "active_destinations": 17,
      "yoy_growth_pct": 4.508946339230948
    },
    {
      "year": 2022,
      "export_value_usd": 472216.4484539012,
      "active_destinations": 17,
      "yoy_growth_pct": 13.16748649855908
    },
    {
      "year": 2023,
      "export_value_usd": 407754.215017346,
      "active_destinations": 21,
      "yoy_growth_pct": -13.65099281221843
    },
    {
      "year": 2024,
      "export_value_usd": 619217.8136087598,
      "active_destinations": 23,
      "yoy_growth_pct": 51.86055491355693
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "VNM",
    "exports_usd": 450915295703.1746,
    "imports_usd": 381218902647.6394,
    "trade_balance_usd": 69696393055.53522,
    "yoy_exports_growth_pct": 13.725488700787292,
    "yoy_imports_growth_pct": 15.67277111361529,
    "exports_cagr_3y_pct": 7.295174087342682,
    "imports_cagr_3y_pct": 4.2484023972689355,
    "export_partner_hhi": 1231.7927856205781,
    "export_product_hhi": 230.3834187225243,
    "momentum_score": 11.796394316753908,
    "risk_score": 7.310881021715512,
    "gdp_million_usd": 476388.23030717525,
    "gdp_per_capita_usd": 4717.290287324488,
    "population": 100987686,
    "labor_force": 59201.53,
    "investment_rate_pct": 32.47,
    "savings_rate_pct": 24.53,
    "secondary_education_pct": 71.58,
    "tertiary_education_pct": 6.59,
    "total_factor_productivity": 287.3,
    "trade_openness_pct": 301.85354924188175,
    "exports_gdp_pct": 163.56782678227825,
    "num_active_partners": 1080,
    "num_fta_partners": 102,
    "num_wto_partners": 676,
    "num_eu_partners": 112,
    "num_shared_border_partners": 6,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 9643.152263374486,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.77418617021274,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 9.444444444444445,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 0.5555555555555556,
    "avg_applied_tariff_pct": 0.12663785666716132,
    "avg_mfn_tariff_pct": 0.1317541361222806,
    "avg_preferential_tariff_pct": 0.04155171411555329,
    "tariff_advantage_pp": 0.0902024220067273,
    "avg_distance_all_partners_km": 9401.718034254704,
    "num_border_partners": 105,
    "num_colonial_partners": 35,
    "avg_substitution_elasticity": -10.51408978907655,
    "pct_products_high_elasticity": 75.1926782273603,
    "pct_products_low_elasticity": 2.7697495183044314,
    "real_market_potential": 74425.93892458122,
    "foreign_market_potential": 10045.70242824143
  }
}