{
  "template": "T19",
  "templateName": "Exporter Regional Trade Playbook",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "branding": {
    "brandName": "Yugalinks",
    "header": "Shared Yugalinks trade navigation",
    "footer": "Shared Yugalinks trade footer",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "seo": {
    "title": "Iceland Export Playbook for Latin America and Caribbean | Yugalinks",
    "description": "Explore Iceland's export opportunities in Latin America and Caribbean. Compare buyer markets, access conditions, products, and calculated trade potential.",
    "canonical": "https://www.yugalinks.com/trade/playbook/ISL/region/latin-america",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/"
    },
    {
      "name": "Iceland in Latin America and Caribbean",
      "url": "https://www.yugalinks.com/trade/playbook/ISL/region/latin-america"
    }
  ],
  "exporter": {
    "iso3": "ISL",
    "country_name": "Iceland"
  },
  "profile": {
    "year": 2024,
    "country_iso3": "ISL",
    "exports_usd": 7078787978.20623,
    "imports_usd": 9191919357.586174,
    "trade_balance_usd": -2113131379.3799438,
    "yoy_exports_growth_pct": 5.773157451071831,
    "yoy_imports_growth_pct": 3.012534217816465,
    "exports_cagr_3y_pct": 4.3350251229705705,
    "imports_cagr_3y_pct": 8.163147980449835,
    "export_partner_hhi": 1095.047760745892,
    "export_product_hhi": 616.5306594247563,
    "momentum_score": 5.341717752641452,
    "risk_score": 8.557892100853241,
    "gdp_million_usd": 33255.181468938186,
    "gdp_per_capita_usd": 86040.53098512879,
    "population": 386506,
    "labor_force": 209.95,
    "investment_rate_pct": 23.28,
    "savings_rate_pct": 24.42,
    "secondary_education_pct": 82.23,
    "tertiary_education_pct": 51.36,
    "total_factor_productivity": 2506.95,
    "trade_openness_pct": 75.74432831756863,
    "exports_gdp_pct": 32.95357906980619,
    "num_active_partners": 270,
    "num_fta_partners": 63,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 0,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 7355.238683127572,
    "avg_partner_gdp_million_usd": 533678518.3258194,
    "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": 23.333333333333332,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 0,
    "avg_applied_tariff_pct": 0.13363828408192496,
    "avg_mfn_tariff_pct": 0.1380490369755705,
    "avg_preferential_tariff_pct": 0.01362177526215086,
    "tariff_advantage_pp": 0.12442726171341964,
    "avg_distance_all_partners_km": 7291.424011981477,
    "num_border_partners": 0,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -8.990992248136562,
    "pct_products_high_elasticity": 69.55297430482224,
    "pct_products_low_elasticity": 3.4846884899683213,
    "real_market_potential": 92109.1816409224,
    "foreign_market_potential": 12725.130696772336
  },
  "region": {
    "slug": "latin-america",
    "name": "Latin America and Caribbean"
  },
  "latestYear": 2024,
  "totals": {
    "addressable_usd": 44501595319.75001,
    "market_count": 7,
    "fta_count": 5,
    "average_distance_km": 8732.20103236607,
    "average_entry_days": 17.514285714285712
  },
  "markets": [
    {
      "iso3": "BRA",
      "country_name": "Brazil",
      "opportunity_count": 10,
      "addressable_usd": 20740608377.739998,
      "trade_value_usd": 28304755986.86094,
      "tariff_total": 165.99999999999997,
      "tariff_count": 10,
      "distance_total": 99913.3984375,
      "distance_count": 10,
      "fta": 0,
      "topProduct": "Product not reported",
      "topProductValue": 6995539294.13,
      "risk": "Not reported",
      "average_distance_km": 9991.33984375,
      "entry_days": 16.599999999999998
    },
    {
      "iso3": "CHL",
      "country_name": "Chile",
      "opportunity_count": 2,
      "addressable_usd": 9179536150.11,
      "trade_value_usd": 8207684020.782729,
      "tariff_total": 8,
      "tariff_count": 2,
      "distance_total": 23345.39453125,
      "distance_count": 2,
      "fta": 1,
      "topProduct": "Product not reported",
      "topProductValue": 7196208931,
      "risk": "Not reported",
      "average_distance_km": 11672.697265625,
      "entry_days": 4
    },
    {
      "iso3": "PAN",
      "country_name": "Panama",
      "opportunity_count": 2,
      "addressable_usd": 4645225971.07,
      "trade_value_usd": 6706114077.005435,
      "tariff_total": 12,
      "tariff_count": 2,
      "distance_total": 15183.3291015625,
      "distance_count": 2,
      "fta": 1,
      "topProduct": "Product not reported",
      "topProductValue": 3035726836.97,
      "risk": "Not reported",
      "average_distance_km": 7591.66455078125,
      "entry_days": 6
    },
    {
      "iso3": "ECU",
      "country_name": "Ecuador",
      "opportunity_count": 1,
      "addressable_usd": 3941973738.92,
      "trade_value_usd": 3425572526.5864515,
      "tariff_total": 48.5,
      "tariff_count": 1,
      "distance_total": 8492.541015625,
      "distance_count": 1,
      "fta": 1,
      "topProduct": "Product not reported",
      "topProductValue": 3941973738.92,
      "risk": "Not reported",
      "average_distance_km": 8492.541015625,
      "entry_days": 48.5
    },
    {
      "iso3": "BHS",
      "country_name": "Bahamas",
      "opportunity_count": 2,
      "addressable_usd": 3048249560.45,
      "trade_value_usd": 3060513633.4389987,
      "tariff_total": 23,
      "tariff_count": 2,
      "distance_total": 11731.6279296875,
      "distance_count": 2,
      "fta": 0,
      "topProduct": "Product not reported",
      "topProductValue": 1721681704.9,
      "risk": "Not reported",
      "average_distance_km": 5865.81396484375,
      "entry_days": 11.5
    },
    {
      "iso3": "COL",
      "country_name": "Colombia",
      "opportunity_count": 1,
      "addressable_usd": 1728433989.99,
      "trade_value_usd": 1714044946.547518,
      "tariff_total": 10,
      "tariff_count": 1,
      "distance_total": 7847.7646484375,
      "distance_count": 1,
      "fta": 1,
      "topProduct": "Telephones for cellular networks or for other wireless networks",
      "topProductValue": 1728433989.99,
      "risk": "Not reported",
      "average_distance_km": 7847.7646484375,
      "entry_days": 10
    },
    {
      "iso3": "PER",
      "country_name": "Peru",
      "opportunity_count": 1,
      "addressable_usd": 1217567531.47,
      "trade_value_usd": 1061505569.237335,
      "tariff_total": 26,
      "tariff_count": 1,
      "distance_total": 9663.5859375,
      "distance_count": 1,
      "fta": 1,
      "topProduct": "Telephones for cellular networks or for other wireless networks",
      "topProductValue": 1217567531.47,
      "risk": "Not reported",
      "average_distance_km": 9663.5859375,
      "entry_days": 26
    }
  ],
  "opportunities": [
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "CHL",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 6203197937.977707,
      "buyer_imports_avg_usd": 3275442360.4670644,
      "buyer_imports_peak_usd": 9608443546.939932,
      "buyer_cagr_full_pct": 13.8249,
      "buyer_yoy_avg_pct": 23.6787,
      "buyer_yoy_latest_pct": -7.1372,
      "buyer_trend_consistency_pct": 51.7241,
      "buyer_imports_proj_3y_usd": 9148020114.5,
      "buyer_imports_proj_5y_usd": 11852266967.52,
      "buyer_gdp_mn_latest": 317058.508652,
      "buyer_gdp_pc_latest": 16503,
      "buyer_population_latest": 19212.362,
      "buyer_investment_rate": 23.16,
      "buyer_savings_rate": 24.57,
      "buyer_edu_secondary": 92,
      "buyer_gdp_mn_2030_proj": 348088.75,
      "buyer_gdp_pc_2030_proj": 17914.12,
      "buyer_gdp_pc_growth_pct": 8.55,
      "buyer_gdp_mn_growth_pct": 9.79,
      "buyer_pop_growth_pct": 1.14,
      "exports_latest_usd": 8398.109747539911,
      "exports_avg_usd": 43571.02763569603,
      "exports_peak_usd": 280680.75203810475,
      "share_latest_pct": 0.00013538355266925052,
      "share_avg_pct": 0.0009540117781363353,
      "share_peak_pct": 0.006161379998980254,
      "share_change_1y_pp": -0.000035184596759238576,
      "share_trend_pp_per_yr": 0.000014,
      "cagr_full_pct": 18.834,
      "yoy_avg_pct": 1821.0301,
      "yoy_latest_pct": 45.6933,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 14093.02,
      "exports_proj_5y_usd": 19901.5,
      "your_share_gap_pp": 78.6641,
      "addressable_proj_3y_usd": 7196208931,
      "addressable_proj_5y_usd": 9323480746.29,
      "peer_best_share_pct": 78.66424893955622,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 75,
      "buyer_herfindahl_index": 6287.18,
      "distance_km": 11672.697265625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 4,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 2.2224020495020578,
      "lane_max_drawdown_pct": 99.46385432666538,
      "signal_flag": "Accelerating",
      "lane_data_years": 7,
      "lane_last_year": 2024,
      "rank": 80,
      "importer_name": "Chile"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 10350858472.702112,
      "buyer_imports_avg_usd": 5222397655.517895,
      "buyer_imports_peak_usd": 15819812388.921122,
      "buyer_cagr_full_pct": 9.0208,
      "buyer_yoy_avg_pct": 21.4211,
      "buyer_yoy_latest_pct": -11.6913,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 13412355066.23,
      "buyer_imports_proj_5y_usd": 15941315471.18,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 2789.4270142830896,
      "exports_avg_usd": 3325.600809738839,
      "exports_peak_usd": 19013.45960971215,
      "share_latest_pct": 0.000039704918998105586,
      "share_avg_pct": 0.00011525800697114922,
      "share_peak_pct": 0.0007855092180649265,
      "share_change_1y_pp": 0.0000345777853819581,
      "share_trend_pp_per_yr": -0.000003,
      "cagr_full_pct": 10.1108,
      "yoy_avg_pct": 546.6688,
      "yoy_latest_pct": 345.0022,
      "trend_consistency_pct": 60,
      "exports_proj_3y_usd": 3723.96,
      "exports_proj_5y_usd": 4515.08,
      "your_share_gap_pp": 52.1574,
      "addressable_proj_3y_usd": 6995539294.13,
      "addressable_proj_5y_usd": 8314579969.6,
      "peer_best_share_pct": 52.15746664141805,
      "peer_top_exporter": "RUS",
      "num_suppliers_latest": 65,
      "buyer_herfindahl_index": 3327.14,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.6073355696531224,
      "lane_max_drawdown_pct": 98.00070925742203,
      "signal_flag": "Accelerating",
      "lane_data_years": 11,
      "lane_last_year": 2018,
      "rank": 81,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "854140",
      "hs_description": "Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes",
      "hs_chapter": "85",
      "hs_heading": "8541",
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -31.690201,
      "buyer_imports_latest_usd": 2690546914.8644724,
      "buyer_imports_avg_usd": 662247862.5120971,
      "buyer_imports_peak_usd": 5126787965.408041,
      "buyer_cagr_full_pct": 17.8816,
      "buyer_yoy_avg_pct": 25.0782,
      "buyer_yoy_latest_pct": -30.8027,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 4407363869.9,
      "buyer_imports_proj_5y_usd": 6124506958.7,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 280.34998269782056,
      "exports_avg_usd": 964.8231318779356,
      "exports_peak_usd": 4598.5075469649255,
      "share_latest_pct": 0.00023839545359337052,
      "share_avg_pct": 0.001356492245195866,
      "share_peak_pct": 0.0056837773225642515,
      "share_change_1y_pp": -0.00015855992932138543,
      "share_trend_pp_per_yr": -0.00015,
      "cagr_full_pct": -6.214,
      "yoy_avg_pct": 79.8007,
      "yoy_latest_pct": -39.808,
      "trend_consistency_pct": 70,
      "exports_proj_3y_usd": 231.27,
      "exports_proj_5y_usd": 203.42,
      "your_share_gap_pp": 98.4445,
      "addressable_proj_3y_usd": 4338805158.86,
      "addressable_proj_5y_usd": 6029237243,
      "peer_best_share_pct": 98.44468924939505,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 57,
      "buyer_herfindahl_index": 9691.62,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.3828880901845388,
      "lane_max_drawdown_pct": 98.30982454121522,
      "signal_flag": "Slowing",
      "lane_data_years": 11,
      "lane_last_year": 2015,
      "rank": 166,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "ECU",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 3425572526.5864515,
      "buyer_imports_avg_usd": 1524007693.1591566,
      "buyer_imports_peak_usd": 3936779692.6099544,
      "buyer_cagr_full_pct": 12.5506,
      "buyer_yoy_avg_pct": 30.5162,
      "buyer_yoy_latest_pct": -7.5288,
      "buyer_trend_consistency_pct": 58.6207,
      "buyer_imports_proj_3y_usd": 4884007040.88,
      "buyer_imports_proj_5y_usd": 6186879977.72,
      "buyer_gdp_mn_latest": 106165.866,
      "buyer_gdp_pc_latest": 5935,
      "buyer_population_latest": 17888.474,
      "buyer_investment_rate": 25.78,
      "buyer_savings_rate": 25.96,
      "buyer_edu_secondary": 54.32,
      "buyer_gdp_mn_2030_proj": 124649.69,
      "buyer_gdp_pc_2030_proj": 6515.44,
      "buyer_gdp_pc_growth_pct": 9.78,
      "buyer_gdp_mn_growth_pct": 17.41,
      "buyer_pop_growth_pct": 6.95,
      "exports_latest_usd": 483.6129428348819,
      "exports_avg_usd": 5320.928461922919,
      "exports_peak_usd": 7979.64021985448,
      "share_latest_pct": 0.000014117725988326903,
      "share_avg_pct": 0.0002902870193066769,
      "share_peak_pct": 0.00042876574582446925,
      "share_change_1y_pp": -0.0004146480198361423,
      "share_trend_pp_per_yr": -0.000207,
      "cagr_full_pct": -16.0719,
      "yoy_avg_pct": -49.784,
      "yoy_latest_pct": -93.5514,
      "trend_consistency_pct": 0,
      "exports_proj_3y_usd": 285.9,
      "exports_proj_5y_usd": 201.39,
      "your_share_gap_pp": 80.7119,
      "addressable_proj_3y_usd": 3941973738.92,
      "addressable_proj_5y_usd": 4993546936.74,
      "peer_best_share_pct": 80.71189077809335,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 56,
      "buyer_herfindahl_index": 6606.75,
      "distance_km": 8492.541015625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 48.5,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6438932173783503,
      "lane_max_drawdown_pct": 93.93941419023399,
      "signal_flag": "Declining",
      "lane_data_years": 3,
      "lane_last_year": 2024,
      "rank": 188,
      "importer_name": "Ecuador"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "PAN",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 5370771533.469835,
      "buyer_imports_avg_usd": 3240636416.3451557,
      "buyer_imports_peak_usd": 8423654176.9830475,
      "buyer_cagr_full_pct": 9.8065,
      "buyer_yoy_avg_pct": 15.178,
      "buyer_yoy_latest_pct": -19.1339,
      "buyer_trend_consistency_pct": 58.6207,
      "buyer_imports_proj_3y_usd": 7110848094.66,
      "buyer_imports_proj_5y_usd": 8573889518.45,
      "buyer_gdp_mn_latest": 63605.0658,
      "buyer_gdp_pc_latest": 14516,
      "buyer_population_latest": 4381.583,
      "buyer_investment_rate": 37.8,
      "buyer_savings_rate": 37.61,
      "buyer_edu_secondary": 73.47,
      "buyer_gdp_mn_2030_proj": 82604.99,
      "buyer_gdp_pc_2030_proj": 17498.42,
      "buyer_gdp_pc_growth_pct": 20.55,
      "buyer_gdp_mn_growth_pct": 29.87,
      "buyer_pop_growth_pct": 7.74,
      "exports_latest_usd": 281318.0393840273,
      "exports_avg_usd": 263413.89507100685,
      "exports_peak_usd": 1073726.2750426468,
      "share_latest_pct": 0.005237944634786564,
      "share_avg_pct": 0.005196758414557069,
      "share_peak_pct": 0.02448511413381719,
      "share_change_1y_pp": -0.0006217658646643417,
      "share_trend_pp_per_yr": -0.000214,
      "cagr_full_pct": 0.8492,
      "yoy_avg_pct": 72.7817,
      "yoy_latest_pct": -27.7145,
      "trend_consistency_pct": 41.1765,
      "exports_proj_3y_usd": 288545.61,
      "exports_proj_5y_usd": 293466.86,
      "your_share_gap_pp": 42.6915,
      "addressable_proj_3y_usd": 3035726836.97,
      "addressable_proj_5y_usd": 3660320985.89,
      "peer_best_share_pct": 42.69672560630132,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 64,
      "buyer_herfindahl_index": 2696.32,
      "distance_km": 7591.66455078125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.0029240745282475,
      "lane_max_drawdown_pct": 97.65409633387632,
      "signal_flag": "Stable",
      "lane_data_years": 18,
      "lane_last_year": 2024,
      "rank": 262,
      "importer_name": "Panama"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "CHL",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -8.9039278,
      "buyer_imports_latest_usd": 2004486082.8050225,
      "buyer_imports_avg_usd": 918479582.5942284,
      "buyer_imports_peak_usd": 2330946745.4186497,
      "buyer_cagr_full_pct": 14.5579,
      "buyer_yoy_avg_pct": 18.4643,
      "buyer_yoy_latest_pct": 11.5389,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 3013551956.88,
      "buyer_imports_proj_5y_usd": 3954841739.84,
      "buyer_gdp_mn_latest": 317058.508652,
      "buyer_gdp_pc_latest": 16503,
      "buyer_population_latest": 19212.362,
      "buyer_investment_rate": 23.16,
      "buyer_savings_rate": 24.57,
      "buyer_edu_secondary": 92,
      "buyer_gdp_mn_2030_proj": 348088.75,
      "buyer_gdp_pc_2030_proj": 17914.12,
      "buyer_gdp_pc_growth_pct": 8.55,
      "buyer_gdp_mn_growth_pct": 9.79,
      "buyer_pop_growth_pct": 1.14,
      "exports_latest_usd": 12052.449333596227,
      "exports_avg_usd": 4747.039702599909,
      "exports_peak_usd": 12052.449333596227,
      "share_latest_pct": 0.0006706543473314987,
      "share_avg_pct": 0.0008140397831378596,
      "share_peak_pct": 0.0030905611183583382,
      "share_change_1y_pp": 0.0002681835394708634,
      "share_trend_pp_per_yr": 0.000042,
      "cagr_full_pct": 13.1572,
      "yoy_avg_pct": 2108.9862,
      "yoy_latest_pct": 55.5377,
      "trend_consistency_pct": 60,
      "exports_proj_3y_usd": 17463.12,
      "exports_proj_5y_usd": 22360.73,
      "your_share_gap_pp": 65.8136,
      "addressable_proj_3y_usd": 1983327219.11,
      "addressable_proj_5y_usd": 2602823970.56,
      "peer_best_share_pct": 65.81427690657698,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 64,
      "buyer_herfindahl_index": 5073.32,
      "distance_km": 11672.697265625,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 4,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9848654522792243,
      "lane_max_drawdown_pct": 98.92491191436696,
      "signal_flag": "Accelerating",
      "lane_data_years": 6,
      "lane_last_year": 2023,
      "rank": 412,
      "importer_name": "Chile"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "841191",
      "hs_description": "Turbines: parts of turbo-jets and turbo-propellers",
      "hs_chapter": "84",
      "hs_heading": "8411",
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -31.853516,
      "buyer_imports_latest_usd": 1990943072.9708917,
      "buyer_imports_avg_usd": 731621832.9283925,
      "buyer_imports_peak_usd": 1990943072.9708917,
      "buyer_cagr_full_pct": 10.6831,
      "buyer_yoy_avg_pct": 14.666,
      "buyer_yoy_latest_pct": 33.173,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 2699617359.3,
      "buyer_imports_proj_5y_usd": 3307230455.18,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 5146.909796137264,
      "exports_avg_usd": 7293.598069177721,
      "exports_peak_usd": 16723.09919881689,
      "share_latest_pct": 0.0004980975859144724,
      "share_avg_pct": 0.0006004926397742176,
      "share_peak_pct": 0.001302302736614579,
      "share_change_1y_pp": -0.0008042051507001066,
      "share_trend_pp_per_yr": 0.000249,
      "cagr_full_pct": 179.5458,
      "yoy_avg_pct": 77443.2958,
      "yoy_latest_pct": -69.2228,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 10052.56,
      "exports_proj_5y_usd": 15707.12,
      "your_share_gap_pp": 64.3756,
      "addressable_proj_3y_usd": 1737896110.7,
      "addressable_proj_5y_usd": 2129050965.49,
      "peer_best_share_pct": 64.37614395412776,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 45,
      "buyer_herfindahl_index": 4343.26,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9583185710098856,
      "lane_max_drawdown_pct": 69.22275150708074,
      "signal_flag": "Growing",
      "lane_data_years": 3,
      "lane_last_year": 2021,
      "rank": 458,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "COL",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -8.9039278,
      "buyer_imports_latest_usd": 1714044946.547518,
      "buyer_imports_avg_usd": 870633830.24052,
      "buyer_imports_peak_usd": 1794555376.2391775,
      "buyer_cagr_full_pct": 9.4108,
      "buyer_yoy_avg_pct": 15.8789,
      "buyer_yoy_latest_pct": 17.9928,
      "buyer_trend_consistency_pct": 75.8621,
      "buyer_imports_proj_3y_usd": 2244932827.99,
      "buyer_imports_proj_5y_usd": 2687349265.71,
      "buyer_gdp_mn_latest": 314322.45322799997,
      "buyer_gdp_pc_latest": 6131,
      "buyer_population_latest": 51265.842,
      "buyer_investment_rate": 21.76,
      "buyer_savings_rate": 19.47,
      "buyer_edu_secondary": 77.87,
      "buyer_gdp_mn_2030_proj": 365015.23,
      "buyer_gdp_pc_2030_proj": 6906.92,
      "buyer_gdp_pc_growth_pct": 12.66,
      "buyer_gdp_mn_growth_pct": 16.13,
      "buyer_pop_growth_pct": 3.08,
      "exports_latest_usd": 17518.20211600818,
      "exports_avg_usd": 13938.27316620061,
      "exports_peak_usd": 29736.926428394618,
      "share_latest_pct": 0.0073322467546956946,
      "share_avg_pct": 0.007596916781316266,
      "share_peak_pct": 0.01753495310015175,
      "share_change_1y_pp": -0.010202706345456055,
      "share_trend_pp_per_yr": 0.002414,
      "cagr_full_pct": 114.0287,
      "yoy_avg_pct": 1559.8073,
      "yoy_latest_pct": -41.0894,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 34215.24,
      "exports_proj_5y_usd": 53461.31,
      "your_share_gap_pp": 76.9927,
      "addressable_proj_3y_usd": 1728433989.99,
      "addressable_proj_5y_usd": 2069062270.33,
      "peer_best_share_pct": 77.00001409627275,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 59,
      "buyer_herfindahl_index": 6199.73,
      "distance_km": 7847.7646484375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 10,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.7885860627226042,
      "lane_max_drawdown_pct": 41.0893988718325,
      "signal_flag": "Growing",
      "lane_data_years": 4,
      "lane_last_year": 2003,
      "rank": 461,
      "importer_name": "Colombia"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BHS",
      "hs_code": "271012",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 1375569124.6910396,
      "buyer_imports_avg_usd": 530070211.65886194,
      "buyer_imports_peak_usd": 1987888805.8960614,
      "buyer_cagr_full_pct": 12.6763,
      "buyer_yoy_avg_pct": 24.9334,
      "buyer_yoy_latest_pct": 0.4275,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 1967798226.29,
      "buyer_imports_proj_5y_usd": 2498308094.51,
      "buyer_gdp_mn_latest": 11208.6,
      "buyer_gdp_pc_latest": 28239,
      "buyer_population_latest": 396.914,
      "buyer_investment_rate": 28.25,
      "buyer_savings_rate": 21.63,
      "buyer_edu_secondary": 82.41,
      "buyer_gdp_mn_2030_proj": 10912.78,
      "buyer_gdp_pc_2030_proj": 26251.26,
      "buyer_gdp_pc_growth_pct": -7.04,
      "buyer_gdp_mn_growth_pct": -2.64,
      "buyer_pop_growth_pct": 4.73,
      "exports_latest_usd": 1012.4428163028717,
      "exports_avg_usd": 2264.0085763759203,
      "exports_peak_usd": 4199.53861549773,
      "share_latest_pct": 0.00007360174040910317,
      "share_avg_pct": 0.00021714868659272887,
      "share_peak_pct": 0.0003065998661956862,
      "share_change_1y_pp": -0.00023299812578658302,
      "share_trend_pp_per_yr": -0.000037,
      "cagr_full_pct": 6.6481,
      "yoy_avg_pct": 94.3185,
      "yoy_latest_pct": -75.8916,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 1228.09,
      "exports_proj_5y_usd": 1396.81,
      "your_share_gap_pp": 87.4928,
      "addressable_proj_3y_usd": 1721681704.9,
      "addressable_proj_5y_usd": 2185839626.26,
      "peer_best_share_pct": 87.49287046960605,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 14,
      "buyer_herfindahl_index": 7688.57,
      "distance_km": 5865.81396484375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0.7742999792098999,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 0,
      "buyer_biz_entry_days": 11.5,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.6389374508076416,
      "lane_max_drawdown_pct": 75.89157026520455,
      "signal_flag": "Growing",
      "lane_data_years": 4,
      "lane_last_year": 2024,
      "rank": 462,
      "importer_name": "Bahamas"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "PAN",
      "hs_code": "271012",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 1335342543.5355997,
      "buyer_imports_avg_usd": 599585016.4599446,
      "buyer_imports_peak_usd": 1494912275.7494574,
      "buyer_cagr_full_pct": 11.412,
      "buyer_yoy_avg_pct": 23.4348,
      "buyer_yoy_latest_pct": 4.4333,
      "buyer_trend_consistency_pct": 68.9655,
      "buyer_imports_proj_3y_usd": 1846669168.07,
      "buyer_imports_proj_5y_usd": 2292204566.26,
      "buyer_gdp_mn_latest": 63605.0658,
      "buyer_gdp_pc_latest": 14516,
      "buyer_population_latest": 4381.583,
      "buyer_investment_rate": 37.8,
      "buyer_savings_rate": 37.61,
      "buyer_edu_secondary": 73.47,
      "buyer_gdp_mn_2030_proj": 82604.99,
      "buyer_gdp_pc_2030_proj": 17498.42,
      "buyer_gdp_pc_growth_pct": 20.55,
      "buyer_gdp_mn_growth_pct": 29.87,
      "buyer_pop_growth_pct": 7.74,
      "exports_latest_usd": 7284.598939505563,
      "exports_avg_usd": 14655.933017849151,
      "exports_peak_usd": 32891.59617572815,
      "share_latest_pct": 0.000545522867879133,
      "share_avg_pct": 0.001274443540456895,
      "share_peak_pct": 0.003277614994888851,
      "share_change_1y_pp": 0.00026476466320918203,
      "share_trend_pp_per_yr": -0.000911,
      "cagr_full_pct": -22.2166,
      "yoy_avg_pct": -9.2496,
      "yoy_latest_pct": 102.9175,
      "trend_consistency_pct": 33.3333,
      "exports_proj_3y_usd": 3428.2,
      "exports_proj_5y_usd": 2074.15,
      "your_share_gap_pp": 87.1569,
      "addressable_proj_3y_usd": 1609499134.1,
      "addressable_proj_5y_usd": 1997813863.12,
      "peer_best_share_pct": 87.15742028557814,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 28,
      "buyer_herfindahl_index": 7644.45,
      "distance_km": 7591.66455078125,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.7699712536288658,
      "lane_max_drawdown_pct": 89.08556672662654,
      "signal_flag": "Declining",
      "lane_data_years": 4,
      "lane_last_year": 2024,
      "rank": 495,
      "importer_name": "Panama"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "850440",
      "hs_description": "Electrical static converters",
      "hs_chapter": "85",
      "hs_heading": "8504",
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -8.5348253,
      "buyer_imports_latest_usd": 1557263858.1077461,
      "buyer_imports_avg_usd": 514231007.0398544,
      "buyer_imports_peak_usd": 1557263858.1077461,
      "buyer_cagr_full_pct": 10.6817,
      "buyer_yoy_avg_pct": 12.829,
      "buyer_yoy_latest_pct": 17.7955,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 2111490319.07,
      "buyer_imports_proj_5y_usd": 2586666000.7,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 1970.0775639544574,
      "exports_avg_usd": 2545.967485696347,
      "exports_peak_usd": 8711.843451994537,
      "share_latest_pct": 0.00014902177778810676,
      "share_avg_pct": 0.0005938353512768334,
      "share_peak_pct": 0.0019472408291928282,
      "share_change_1y_pp": 0.00011025079349215026,
      "share_trend_pp_per_yr": -0.000035,
      "cagr_full_pct": 1.2774,
      "yoy_avg_pct": 52.8336,
      "yoy_latest_pct": 235.0985,
      "trend_consistency_pct": 52.6316,
      "exports_proj_3y_usd": 2046.54,
      "exports_proj_5y_usd": 2099.16,
      "your_share_gap_pp": 75.8881,
      "addressable_proj_3y_usd": 1602370596.06,
      "addressable_proj_5y_usd": 1962972552.57,
      "peer_best_share_pct": 75.88828270568352,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 94,
      "buyer_herfindahl_index": 5807.25,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.8126548044305896,
      "lane_max_drawdown_pct": 93.25160128977214,
      "signal_flag": "Stable",
      "lane_data_years": 20,
      "lane_last_year": 2023,
      "rank": 497,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "hs_chapter": "30",
      "hs_heading": "3004",
      "price_range_label": "High price range",
      "trade_type_label": "Two-way vertical trade",
      "substitution_elasticity": -21.420544,
      "buyer_imports_latest_usd": 4278103692.4858665,
      "buyer_imports_avg_usd": 1837410601.7660599,
      "buyer_imports_peak_usd": 4278103692.4858665,
      "buyer_cagr_full_pct": 11.7893,
      "buyer_yoy_avg_pct": 12.9656,
      "buyer_yoy_latest_pct": 21.9572,
      "buyer_trend_consistency_pct": 82.7586,
      "buyer_imports_proj_3y_usd": 5976564216.01,
      "buyer_imports_proj_5y_usd": 7468816322.65,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 12630.535246400676,
      "exports_avg_usd": 91465.1546482702,
      "exports_peak_usd": 178545.3174320856,
      "share_latest_pct": 0.00036006243192668417,
      "share_avg_pct": 0.010600412756920984,
      "share_peak_pct": 0.02409044444514165,
      "share_change_1y_pp": -0.0020625625004182754,
      "share_trend_pp_per_yr": -0.002242,
      "cagr_full_pct": -7.6283,
      "yoy_avg_pct": 4.9626,
      "yoy_latest_pct": -59.9972,
      "trend_consistency_pct": 25,
      "exports_proj_3y_usd": 9954.94,
      "exports_proj_5y_usd": 8494.09,
      "your_share_gap_pp": 24.1644,
      "addressable_proj_3y_usd": 1444203548.6,
      "addressable_proj_5y_usd": 1804797982.11,
      "peer_best_share_pct": 24.164804656392434,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 66,
      "buyer_herfindahl_index": 1063.01,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.7544067051867342,
      "lane_max_drawdown_pct": 92.92586586528373,
      "signal_flag": "Slowing",
      "lane_data_years": 5,
      "lane_last_year": 2023,
      "rank": 545,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BHS",
      "hs_code": "271019",
      "hs_description": "",
      "hs_chapter": "",
      "hs_heading": "",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 1684944508.7479591,
      "buyer_imports_avg_usd": 961137660.2142639,
      "buyer_imports_peak_usd": 2017768195.4826615,
      "buyer_cagr_full_pct": 8.5897,
      "buyer_yoy_avg_pct": 18.037,
      "buyer_yoy_latest_pct": 14.9079,
      "buyer_trend_consistency_pct": 58.6207,
      "buyer_imports_proj_3y_usd": 2157501686.63,
      "buyer_imports_proj_5y_usd": 2544064814.03,
      "buyer_gdp_mn_latest": 11208.6,
      "buyer_gdp_pc_latest": 28239,
      "buyer_population_latest": 396.914,
      "buyer_investment_rate": 28.25,
      "buyer_savings_rate": 21.63,
      "buyer_edu_secondary": 82.41,
      "buyer_gdp_mn_2030_proj": 10912.78,
      "buyer_gdp_pc_2030_proj": 26251.26,
      "buyer_gdp_pc_growth_pct": -7.04,
      "buyer_gdp_mn_growth_pct": -2.64,
      "buyer_pop_growth_pct": 4.73,
      "exports_latest_usd": 676637.9231931434,
      "exports_avg_usd": 1408482.4264724262,
      "exports_peak_usd": 7209698.333177336,
      "share_latest_pct": 0.040157875804226716,
      "share_avg_pct": 0.10483411776865183,
      "share_peak_pct": 0.4387513639028602,
      "share_change_1y_pp": -0.3985934880986335,
      "share_trend_pp_per_yr": 0.001125,
      "cagr_full_pct": 4.4203,
      "yoy_avg_pct": 1452.5207,
      "yoy_latest_pct": -89.4828,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 770391.38,
      "exports_proj_5y_usd": 840004.22,
      "your_share_gap_pp": 61.4863,
      "addressable_proj_3y_usd": 1326567855.55,
      "addressable_proj_5y_usd": 1564251201.12,
      "peer_best_share_pct": 61.52645305565585,
      "peer_top_exporter": "USA",
      "num_suppliers_latest": 35,
      "buyer_herfindahl_index": 4089.21,
      "distance_km": 5865.81396484375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0.7742999792098999,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 0,
      "buyer_biz_entry_days": 11.5,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.4357043111851757,
      "lane_max_drawdown_pct": 99.89473994916003,
      "signal_flag": "Growing",
      "lane_data_years": 19,
      "lane_last_year": 2024,
      "rank": 590,
      "importer_name": "Bahamas"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "PER",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -8.9039278,
      "buyer_imports_latest_usd": 1061505569.237335,
      "buyer_imports_avg_usd": 551051979.9222013,
      "buyer_imports_peak_usd": 1324859409.8936768,
      "buyer_cagr_full_pct": 14.4919,
      "buyer_yoy_avg_pct": 20.6034,
      "buyer_yoy_latest_pct": 12.6633,
      "buyer_trend_consistency_pct": 65.5172,
      "buyer_imports_proj_3y_usd": 1593112099.34,
      "buyer_imports_proj_5y_usd": 2088313560.78,
      "buyer_gdp_mn_latest": 223249.4975,
      "buyer_gdp_pc_latest": 6692,
      "buyer_population_latest": 33359.417,
      "buyer_investment_rate": null,
      "buyer_savings_rate": null,
      "buyer_edu_secondary": null,
      "buyer_gdp_mn_2030_proj": null,
      "buyer_gdp_pc_2030_proj": null,
      "buyer_gdp_pc_growth_pct": null,
      "buyer_gdp_mn_growth_pct": null,
      "buyer_pop_growth_pct": null,
      "exports_latest_usd": 7595.550577278646,
      "exports_avg_usd": 3279.326119050456,
      "exports_peak_usd": 7595.550577278646,
      "share_latest_pct": 0.000743208135058202,
      "share_avg_pct": 0.0005935271906876275,
      "share_peak_pct": 0.000899650585615713,
      "share_change_1y_pp": 0.0006054852836692344,
      "share_trend_pp_per_yr": -0.000078,
      "cagr_full_pct": 9.9133,
      "yoy_avg_pct": 451.5218,
      "yoy_latest_pct": 955.808,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 10085.79,
      "exports_proj_5y_usd": 12184.57,
      "your_share_gap_pp": 76.427,
      "addressable_proj_3y_usd": 1217567531.47,
      "addressable_proj_5y_usd": 1596035073.86,
      "peer_best_share_pct": 76.42772734662722,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 52,
      "buyer_herfindahl_index": 6227.73,
      "distance_km": 9663.5859375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 1,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 26,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9360502155922307,
      "lane_max_drawdown_pct": 52.76452319794542,
      "signal_flag": "Growing",
      "lane_data_years": 3,
      "lane_last_year": 2022,
      "rank": 643,
      "importer_name": "Peru"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "842129",
      "hs_description": "Machinery: for filtering or purifying liquids, n.e.c. in item no. 8421.2",
      "hs_chapter": "84",
      "hs_heading": "8421",
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade",
      "substitution_elasticity": -8.7596073,
      "buyer_imports_latest_usd": 894785324.2249303,
      "buyer_imports_avg_usd": 130655385.43669209,
      "buyer_imports_peak_usd": 894785324.2249303,
      "buyer_cagr_full_pct": 14.2317,
      "buyer_yoy_avg_pct": 22.4367,
      "buyer_yoy_latest_pct": 290.4347,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 1333762591.45,
      "buyer_imports_proj_5y_usd": 1740410330.42,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 125.04295239620919,
      "exports_avg_usd": 103.59604417472718,
      "exports_peak_usd": 143.3538546284931,
      "share_latest_pct": 0.00008544001296516168,
      "share_avg_pct": 0.00006907783548041799,
      "share_peak_pct": 0.0000936071761869902,
      "share_change_1y_pp": -0.000008167163221828514,
      "share_trend_pp_per_yr": 0.000025,
      "cagr_full_pct": 20.6199,
      "yoy_avg_pct": 376.3516,
      "yoy_latest_pct": -12.7732,
      "trend_consistency_pct": 66.6667,
      "exports_proj_3y_usd": 219.44,
      "exports_proj_5y_usd": 319.27,
      "your_share_gap_pp": 79.2987,
      "addressable_proj_3y_usd": 1057656560.35,
      "addressable_proj_5y_usd": 1380122981.01,
      "peer_best_share_pct": 79.29879775442508,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 72,
      "buyer_herfindahl_index": 6349.47,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.5202158187962493,
      "lane_max_drawdown_pct": 12.773219303894766,
      "signal_flag": "Growing",
      "lane_data_years": 4,
      "lane_last_year": 2020,
      "rank": 751,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "851762",
      "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
      "hs_chapter": "85",
      "hs_heading": "8517",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -3.6319895,
      "buyer_imports_latest_usd": 1725178021.4142668,
      "buyer_imports_avg_usd": 851827051.4358236,
      "buyer_imports_peak_usd": 1725178021.4142668,
      "buyer_cagr_full_pct": 11.5678,
      "buyer_yoy_avg_pct": 26.5506,
      "buyer_yoy_latest_pct": 3.1283,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 2395800751.35,
      "buyer_imports_proj_5y_usd": 2982143585.42,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 86.79286311844965,
      "exports_avg_usd": 2974.90127406499,
      "exports_peak_usd": 8502.125202348743,
      "share_latest_pct": 0.000005030951127426175,
      "share_avg_pct": 0.00022095687626403517,
      "share_peak_pct": 0.0006717899112346187,
      "share_change_1y_pp": 0.0000028117527106741037,
      "share_trend_pp_per_yr": -0.000056,
      "cagr_full_pct": -27.9253,
      "yoy_avg_pct": 54.8017,
      "yoy_latest_pct": 133.7932,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 36.62,
      "exports_proj_5y_usd": 20.6,
      "your_share_gap_pp": 41.5655,
      "addressable_proj_3y_usd": 995827567.66,
      "addressable_proj_5y_usd": 1239544144.65,
      "peer_best_share_pct": 41.56554703592402,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 85,
      "buyer_herfindahl_index": 2806.11,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.837587689487391,
      "lane_max_drawdown_pct": 99.56335895461362,
      "signal_flag": "Declining",
      "lane_data_years": 13,
      "lane_last_year": 2024,
      "rank": 799,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "854232",
      "hs_description": "Electronic integrated circuits: memories",
      "hs_chapter": "85",
      "hs_heading": "8542",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -28.105183,
      "buyer_imports_latest_usd": 1205130244.1118493,
      "buyer_imports_avg_usd": 581633410.472017,
      "buyer_imports_peak_usd": 1601625823.438798,
      "buyer_cagr_full_pct": 7.3579,
      "buyer_yoy_avg_pct": 13.3121,
      "buyer_yoy_latest_pct": 79.7949,
      "buyer_trend_consistency_pct": 55.1724,
      "buyer_imports_proj_3y_usd": 1491198694.54,
      "buyer_imports_proj_5y_usd": 1718712362.78,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 1094.0608065188567,
      "exports_avg_usd": 1639.0425321073824,
      "exports_peak_usd": 7415.922100205709,
      "share_latest_pct": 0.00008587317822870824,
      "share_avg_pct": 0.0007854901955140261,
      "share_peak_pct": 0.00403399828094108,
      "share_change_1y_pp": 0.00005308738794208459,
      "share_trend_pp_per_yr": 0.000007,
      "cagr_full_pct": 30.8231,
      "yoy_avg_pct": 2085.688,
      "yoy_latest_pct": 526.3945,
      "trend_consistency_pct": 63.6364,
      "exports_proj_3y_usd": 2136.84,
      "exports_proj_5y_usd": 3338.81,
      "your_share_gap_pp": 58.5671,
      "addressable_proj_3y_usd": 873351343.59,
      "addressable_proj_5y_usd": 1006599426.87,
      "peer_best_share_pct": 58.56715321213015,
      "peer_top_exporter": "KOR",
      "num_suppliers_latest": 50,
      "buyer_herfindahl_index": 4101.08,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.4946784453441988,
      "lane_max_drawdown_pct": 99.71511107491929,
      "signal_flag": "Accelerating",
      "lane_data_years": 12,
      "lane_last_year": 2017,
      "rank": 903,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "854231",
      "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits",
      "hs_chapter": "85",
      "hs_heading": "8542",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": -28.105183,
      "buyer_imports_latest_usd": 2975969718.203126,
      "buyer_imports_avg_usd": 1401262373.9343805,
      "buyer_imports_peak_usd": 2975969718.203126,
      "buyer_cagr_full_pct": 6.0757,
      "buyer_yoy_avg_pct": 8.9278,
      "buyer_yoy_latest_pct": 10.9456,
      "buyer_trend_consistency_pct": 72.4138,
      "buyer_imports_proj_3y_usd": 3552026021.59,
      "buyer_imports_proj_5y_usd": 3996758365.54,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 2276.110493613414,
      "exports_avg_usd": 110721.8141380574,
      "exports_peak_usd": 351969.9518652751,
      "share_latest_pct": 0.00007749641676508325,
      "share_avg_pct": 0.01075803307727695,
      "share_peak_pct": 0.04439194984329544,
      "share_change_1y_pp": -0.00015081279772921898,
      "share_trend_pp_per_yr": 0,
      "cagr_full_pct": 5.9321,
      "yoy_avg_pct": 5697.7403,
      "yoy_latest_pct": -37.0506,
      "trend_consistency_pct": 46.1538,
      "exports_proj_3y_usd": 2705.68,
      "exports_proj_5y_usd": 3036.2,
      "your_share_gap_pp": 24.4263,
      "addressable_proj_3y_usd": 867628943.92,
      "addressable_proj_5y_usd": 976260652.01,
      "peer_best_share_pct": 24.426389089999812,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 73,
      "buyer_herfindahl_index": 1568.63,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 1.268110669414371,
      "lane_max_drawdown_pct": 99.84686192751866,
      "signal_flag": "Growing",
      "lane_data_years": 14,
      "lane_last_year": 2022,
      "rank": 913,
      "importer_name": "Brazil"
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "BRA",
      "hs_code": "850760",
      "hs_description": "Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)",
      "hs_chapter": "85",
      "hs_heading": "8507",
      "price_range_label": null,
      "trade_type_label": null,
      "substitution_elasticity": null,
      "buyer_imports_latest_usd": 635976667.7756782,
      "buyer_imports_avg_usd": 203740482.13354534,
      "buyer_imports_peak_usd": 635976667.7756782,
      "buyer_cagr_full_pct": 18.6234,
      "buyer_yoy_avg_pct": 24.4902,
      "buyer_yoy_latest_pct": 17.06,
      "buyer_trend_consistency_pct": 82.7586,
      "buyer_imports_proj_3y_usd": 1061579414.7,
      "buyer_imports_proj_5y_usd": 1493803108.44,
      "buyer_gdp_mn_latest": 1608981.220812,
      "buyer_gdp_pc_latest": 7519,
      "buyer_population_latest": 213993.439,
      "buyer_investment_rate": 19.18,
      "buyer_savings_rate": 16.47,
      "buyer_edu_secondary": 67.76,
      "buyer_gdp_mn_2030_proj": 1681969.98,
      "buyer_gdp_pc_2030_proj": 7649.79,
      "buyer_gdp_pc_growth_pct": 1.74,
      "buyer_gdp_mn_growth_pct": 4.54,
      "buyer_pop_growth_pct": 2.75,
      "exports_latest_usd": 133.9272320047039,
      "exports_avg_usd": 55.65239640956366,
      "exports_peak_usd": 133.9272320047039,
      "share_latest_pct": 0.000082198290405188,
      "share_avg_pct": 0.00003725236113660243,
      "share_peak_pct": 0.000082198290405188,
      "share_change_1y_pp": 0.00007789738611235158,
      "share_trend_pp_per_yr": 0.000028,
      "cagr_full_pct": 16.9795,
      "yoy_avg_pct": 461.0117,
      "yoy_latest_pct": 960.0825,
      "trend_consistency_pct": 50,
      "exports_proj_3y_usd": 214.39,
      "exports_proj_5y_usd": 293.37,
      "your_share_gap_pp": 77.9338,
      "addressable_proj_3y_usd": 827329253.87,
      "addressable_proj_5y_usd": 1164177633.84,
      "peer_best_share_pct": 77.93388935524162,
      "peer_top_exporter": "CHN",
      "num_suppliers_latest": 58,
      "buyer_herfindahl_index": 6152.87,
      "distance_km": 9991.33984375,
      "shares_official_language": 0,
      "common_spoken_language_score": 0,
      "has_wto_reported_fta": 0,
      "buyer_is_eu_member": 0,
      "buyer_is_wto_member": 1,
      "buyer_biz_entry_days": 16.6,
      "shared_legal_system": 0,
      "shared_religion": 0,
      "shares_land_border": 0,
      "lane_volatility_cv": 0.9961712705682101,
      "lane_max_drawdown_pct": 38.05904529851932,
      "signal_flag": "Accelerating",
      "lane_data_years": 3,
      "lane_last_year": 2016,
      "rank": 950,
      "importer_name": "Brazil"
    }
  ],
  "sectors": [
    {
      "hs2": "00",
      "sector_name": "HS2 sector 00",
      "opportunity_count": 7,
      "addressable_usd": 25827197495.570004,
      "market_size_usd": 29746256647.710705,
      "growth": 77.8808,
      "growthCount": 7,
      "average_growth_pct": 11.12582857142857
    },
    {
      "hs2": "85",
      "sector_name": "HS2 sector 85",
      "opportunity_count": 9,
      "addressable_usd": 14434641604.529999,
      "market_size_usd": 15570102023.067015,
      "growth": 110.6487,
      "growthCount": 9,
      "average_growth_pct": 12.2943
    },
    {
      "hs2": "84",
      "sector_name": "HS2 sector 84",
      "opportunity_count": 2,
      "addressable_usd": 2795552671.05,
      "market_size_usd": 2885728397.195822,
      "growth": 24.9148,
      "growthCount": 2,
      "average_growth_pct": 12.4574
    },
    {
      "hs2": "30",
      "sector_name": "HS2 sector 30",
      "opportunity_count": 1,
      "addressable_usd": 1444203548.6,
      "market_size_usd": 4278103692.4858665,
      "growth": 11.7893,
      "growthCount": 1,
      "average_growth_pct": 11.7893
    }
  ],
  "sections": [
    "overview",
    "markets",
    "opportunities",
    "sectors",
    "faq",
    "data-source"
  ],
  "methodology": {
    "summary": "Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "faq": [
    {
      "question": "Should Iceland focus on Latin America and Caribbean?",
      "answer": "Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions."
    },
    {
      "question": "What does calculated opportunity mean?",
      "answer": "It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry."
    },
    {
      "question": "How should exporters use this page?",
      "answer": "Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision."
    }
  ],
  "links": {
    "home": "https://www.yugalinks.com/",
    "trade": "https://www.yugalinks.com/trade/",
    "workspace": "https://www.yugalinks.com/app/countries",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "json": "https://www.yugalinks.com/trade/playbook/ISL/region/latin-america/index.json",
    "markdown": "https://www.yugalinks.com/trade/playbook/ISL/region/latin-america/index.md",
    "jsonLd": "https://www.yugalinks.com/trade/playbook/ISL/region/latin-america/index.ld.json"
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-30",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-30"
      }
    ]
  },
  "generatedAt": "2026-08-30T12:37:27.249Z"
}