{
  "template": "corridor-anomaly-watch",
  "templateName": "Trade anomaly page",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "seo": {
    "title": "India to Spain trade anomaly | HS 511211 | Yugalinks",
    "description": "Reported trade anomaly for India to Spain in fabrics, woven (HS 511211), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/"
    },
    {
      "name": "Trade anomalies",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/"
    },
    {
      "name": "IND-ESP HS 511211",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "511211",
    "market_imports_usd": 13657393.494290391,
    "momentum_yoy_pct": 3986.756659034897,
    "anomaly_z_score": 4.559040808909278,
    "anomaly_type": "spike",
    "anomaly_severity": "100",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "511211",
    "hs_description": "Fabrics, woven: of combed wool or combed fine animal hair, containing 85% or more by weight of wool or fine animal hair, of a weight not exceeding 200g/m2",
    "hs_chapter": "51",
    "hs_heading": "5112",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -11.386549,
    "buyer_imports_latest_usd": 13657393.49429039,
    "buyer_imports_avg_usd": 15167523.626533223,
    "buyer_imports_peak_usd": 26843823.117775906,
    "buyer_cagr_full_pct": 1.9302,
    "buyer_yoy_avg_pct": 7.3123,
    "buyer_yoy_latest_pct": -29.696,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 14463588.43,
    "buyer_imports_proj_5y_usd": 15027320.31,
    "buyer_gdp_mn_latest": 1425276.586283,
    "buyer_gdp_pc_latest": 30116,
    "buyer_population_latest": 47326.687,
    "buyer_investment_rate": 24.25,
    "buyer_savings_rate": 21.99,
    "buyer_edu_secondary": 88.05,
    "buyer_gdp_mn_2030_proj": 1440206.01,
    "buyer_gdp_pc_2030_proj": 30695.11,
    "buyer_gdp_pc_growth_pct": 1.92,
    "buyer_gdp_mn_growth_pct": 1.05,
    "buyer_pop_growth_pct": -0.86,
    "exports_latest_usd": 16026.25371261758,
    "exports_avg_usd": 71346.97954405326,
    "exports_peak_usd": 780037.6185335869,
    "share_latest_pct": 0.1173448924885815,
    "share_avg_pct": 0.33770288787679054,
    "share_peak_pct": 3.41789585038492,
    "share_change_1y_pp": 0.11396838900287189,
    "share_trend_pp_per_yr": 0.003696,
    "cagr_full_pct": 8.1177,
    "yoy_avg_pct": 251.7494,
    "yoy_latest_pct": 3986.7567,
    "trend_consistency_pct": 46.1538,
    "exports_proj_3y_usd": 20254.54,
    "exports_proj_5y_usd": 23676.42,
    "your_share_gap_pp": 82.5476,
    "addressable_proj_3y_usd": 11939338.08,
    "addressable_proj_5y_usd": 12404684.95,
    "peer_best_share_pct": 82.66489623200414,
    "peer_top_exporter": "ITA",
    "num_suppliers_latest": 24,
    "buyer_herfindahl_index": 6907.64,
    "distance_km": 7282.04638671875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.06210000440478325,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 12.5,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 2.20918207606489,
    "lane_max_drawdown_pct": 99.94972666604153,
    "signal_flag": "Growing",
    "lane_data_years": 27,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "511211",
    "hs_description": "Fabrics, woven: of combed wool or combed fine animal hair, containing 85% or more by weight of wool or fine animal hair, of a weight not exceeding 200g/m2",
    "hs_chapter": "51",
    "hs_heading": "5112",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -11.386549,
    "buyer_imports_latest_usd": 13657393.49429039,
    "buyer_imports_avg_usd": 15167523.626533223,
    "buyer_imports_peak_usd": 26843823.117775906,
    "buyer_cagr_full_pct": 1.9302,
    "buyer_yoy_avg_pct": 7.3123,
    "buyer_yoy_latest_pct": -29.696,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 14463588.43,
    "buyer_imports_proj_5y_usd": 15027320.31,
    "buyer_gdp_mn_latest": 1425276.586283,
    "buyer_gdp_pc_latest": 30116,
    "buyer_population_latest": 47326.687,
    "buyer_investment_rate": 24.25,
    "buyer_savings_rate": 21.99,
    "buyer_edu_secondary": 88.05,
    "buyer_gdp_mn_2030_proj": 1440206.01,
    "buyer_gdp_pc_2030_proj": 30695.11,
    "buyer_gdp_pc_growth_pct": 1.92,
    "buyer_gdp_mn_growth_pct": 1.05,
    "buyer_pop_growth_pct": -0.86,
    "exports_latest_usd": 16026.25371261758,
    "exports_avg_usd": 71346.97954405326,
    "exports_peak_usd": 780037.6185335869,
    "share_latest_pct": 0.1173448924885815,
    "share_avg_pct": 0.33770288787679054,
    "share_peak_pct": 3.41789585038492,
    "share_change_1y_pp": 0.11396838900287189,
    "share_trend_pp_per_yr": 0.003696,
    "cagr_full_pct": 8.1177,
    "yoy_avg_pct": 251.7494,
    "yoy_latest_pct": 3986.7567,
    "trend_consistency_pct": 46.1538,
    "exports_proj_3y_usd": 20254.54,
    "exports_proj_5y_usd": 23676.42,
    "your_share_gap_pp": 82.5476,
    "addressable_proj_3y_usd": 11939338.08,
    "addressable_proj_5y_usd": 12404684.95,
    "peer_best_share_pct": 82.66489623200414,
    "peer_top_exporter": "ITA",
    "num_suppliers_latest": 24,
    "buyer_herfindahl_index": 6907.64,
    "distance_km": 7282.04638671875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.06210000440478325,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 12.5,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 2.20918207606489,
    "lane_max_drawdown_pct": 99.94972666604153,
    "signal_flag": "Growing",
    "lane_data_years": 27,
    "lane_last_year": 2024,
    "access_data_year": 2024,
    "avg_applied_tariff_pct": 1.9243141578797984,
    "avg_mfn_tariff_pct": 5.920413126868687,
    "avg_preferential_tariff_pct": 1.6369810062462136,
    "tariff_advantage_pp": 4.283432120622474,
    "rta_coverage_ratio": null,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 4.219593086678142,
    "buyer_gdp_pc_5y_cagr_pct": 3.4705637441098336,
    "buyer_population_5y_cagr_pct": 0.7239057326687615,
    "buyer_investment_5y_avg_pct": 24.381999999999998,
    "buyer_savings_5y_avg_pct": 22.082,
    "current_below_peak_usd": 764011.3648209693,
    "current_below_peak_pct": 97.94545117673353,
    "latest_vs_historical_avg_pct": -77.53758629302288,
    "share_change_all_pp": 0.099792,
    "volatility_label": "Highly volatile",
    "drawdown_label": "Still more than 50% below historical peak",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand softened recently",
    "access_label": "Standard market access",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_market",
      "dominant_supplier"
    ],
    "risk_driver_count": 4,
    "attention_level": "Watch",
    "primary_risk_reason": "Current trade remains more than 50% below its historical peak"
  },
  "routeHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 1666.5755537694124,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 2242.26812471877,
      "yoy_growth_pct": 34.54344266884708,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 6014.871381238967,
      "yoy_growth_pct": 168.24942632555883,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 10599.493875584265,
      "yoy_growth_pct": 76.22145518597839,
      "cagr_3y_pct": 85.27637303552298
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 37705.4376552097,
      "yoy_growth_pct": 255.72866117752534,
      "cagr_3y_pct": 156.19588368982363
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 10416.357268328606,
      "yoy_growth_pct": -72.37438970055452,
      "cagr_3y_pct": 20.087141555121878
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 9786.452701911101,
      "yoy_growth_pct": -6.047263454881269,
      "cagr_3y_pct": -2.6251673240146878
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 4797.109670640385,
      "yoy_growth_pct": -50.98214014048621,
      "cagr_3y_pct": -49.704952758493114
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 18330.485413513376,
      "yoy_growth_pct": 282.1152041968298,
      "cagr_3y_pct": 20.73115798796239
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 320131.4778365104,
      "yoy_growth_pct": 1646.4429916324366,
      "cagr_3y_pct": 219.8166177150526
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 780037.6185335869,
      "yoy_growth_pct": 143.66164296156728,
      "cagr_3y_pct": 445.81479064426475
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 243344.4876548289,
      "yoy_growth_pct": -68.80349333506523,
      "cagr_3y_pct": 136.78227141762304
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 71385.28301183085,
      "yoy_growth_pct": -70.66492703418578,
      "cagr_3y_pct": -39.35987301708632
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 101674.18746544639,
      "yoy_growth_pct": 42.43018052978187,
      "cagr_3y_pct": -49.297225974400725
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 56755.222221101976,
      "yoy_growth_pct": -44.17932059659682,
      "cagr_3y_pct": -38.44526888787355
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 118328.88764160902,
      "yoy_growth_pct": 108.48986755903063,
      "cagr_3y_pct": 18.347938879426163
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 47948.03306444169,
      "yoy_growth_pct": -59.47901309639177,
      "cagr_3y_pct": -22.162891339254397
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 13424.538377070345,
      "yoy_growth_pct": -72.00189972542171,
      "cagr_3y_pct": -38.15596118089415
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 8414.754034939677,
      "yoy_growth_pct": -37.318112559368025,
      "cagr_3y_pct": -58.56981416287819
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 12403.281092984234,
      "yoy_growth_pct": 47.3992114503101,
      "cagr_3y_pct": -36.28300826091304
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 11231.840586349697,
      "yoy_growth_pct": -9.444601777969442,
      "cagr_3y_pct": -5.771157413788508
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 1785.2216555503846,
      "yoy_growth_pct": -84.1057069691676,
      "cagr_3y_pct": -40.358268929447924
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 10334.215525122328,
      "yoy_growth_pct": 478.8757655382734,
      "cagr_3y_pct": -5.902018050731672
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 6112.326916010027,
      "yoy_growth_pct": -40.85349873775084,
      "cagr_3y_pct": -18.35707647998919
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 5079.615797556199,
      "yoy_growth_pct": -16.895547843634574,
      "cagr_3y_pct": 41.703172315970804
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 392.1509169670562,
      "yoy_growth_pct": -92.2799098869698,
      "cagr_3y_pct": -66.39592798805943
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "511211",
      "export_value_usd": 16026.25371261758,
      "yoy_growth_pct": 3986.756659034897,
      "cagr_3y_pct": 37.89287075929764
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 433476825.0419058,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 502737741.2244885,
      "yoy_growth_pct": 15.977997480231366,
      "cagr_3y_pct": null,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 505459810.76386154,
      "yoy_growth_pct": 0.5414492122161052,
      "cagr_3y_pct": null,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 562147984.7867922,
      "yoy_growth_pct": 11.215169399375636,
      "cagr_3y_pct": 9.050649892618745,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 615372991.3478123,
      "yoy_growth_pct": 9.468148601690164,
      "cagr_3y_pct": 6.9708993739878045,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 672898146.5878882,
      "yoy_growth_pct": 9.348014301713548,
      "cagr_3y_pct": 10.007146750352526,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 752933399.3084732,
      "yoy_growth_pct": 11.894111036926658,
      "cagr_3y_pct": 10.230548411626694,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 840099358.8994744,
      "yoy_growth_pct": 11.576848585951716,
      "cagr_3y_pct": 10.933847045033907,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 1081052246.3915844,
      "yoy_growth_pct": 28.6814749874059,
      "cagr_3y_pct": 17.12037398458961,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 1399129379.7289543,
      "yoy_growth_pct": 29.422919604401287,
      "cagr_3y_pct": 22.9420464480693,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 1741369016.6111567,
      "yoy_growth_pct": 24.46089988822211,
      "cagr_3y_pct": 27.502897212394405,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 2076475876.0389762,
      "yoy_growth_pct": 19.24387399977774,
      "cagr_3y_pct": 24.306375087948084,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 2602995879.975687,
      "yoy_growth_pct": 25.356422870709427,
      "cagr_3y_pct": 22.990585263959073,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3055542818.2809,
      "yoy_growth_pct": 17.3856186936969,
      "cagr_3y_pct": 20.614407287294533,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 2289134874.1118164,
      "yoy_growth_pct": -25.08254636733507,
      "cagr_3y_pct": 3.3034511429720803,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 2811916904.7868123,
      "yoy_growth_pct": 22.837537297920683,
      "cagr_3y_pct": 2.606845010689973,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3486604459.796245,
      "yoy_growth_pct": 23.99386531874008,
      "cagr_3y_pct": 4.4972277714439235,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3170989229.3488784,
      "yoy_growth_pct": -9.052223562686867,
      "cagr_3y_pct": 11.474225006450833,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3134178370.369506,
      "yoy_growth_pct": -1.1608635765354203,
      "cagr_3y_pct": 3.6828855850902675,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3220124116.4340215,
      "yoy_growth_pct": 2.7422097886018904,
      "cagr_3y_pct": -2.615469077820076,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3181823708.707659,
      "yoy_growth_pct": -1.1894078098075522,
      "cagr_3y_pct": 0.11376221923655727,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3507455256.9387035,
      "yoy_growth_pct": 10.23411659608584,
      "cagr_3y_pct": 3.8220205771351434,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3917560306.2118583,
      "yoy_growth_pct": 11.69238149116385,
      "cagr_3y_pct": 6.753230536351351,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 4309372931.652242,
      "yoy_growth_pct": 10.00144464449233,
      "cagr_3y_pct": 10.640124367453762,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 4352191045.374578,
      "yoy_growth_pct": 0.9936042761079955,
      "cagr_3y_pct": 7.457963022939174,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 3366629376.1201363,
      "yoy_growth_pct": -22.64518397697356,
      "cagr_3y_pct": -4.9264145136098225,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 4569915875.729347,
      "yoy_growth_pct": 35.74157904473392,
      "cagr_3y_pct": 1.9760162579558038,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 5294238717.559585,
      "yoy_growth_pct": 15.849806900759145,
      "cagr_3y_pct": 6.749337783377518,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 5523433047.977601,
      "yoy_growth_pct": 4.32912723897092,
      "cagr_3y_pct": 17.942753281766,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "export_value_usd": 5538265766.334788,
      "yoy_growth_pct": 0.2685416520549433,
      "cagr_3y_pct": 6.615871759390579,
      "distance_km": 7286,
      "capital_distance_km": 7286,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 1,
      "importer_gdp_million_usd": 1425276.586283,
      "importer_gdp_per_capita_usd": 30115.705886680804,
      "importer_population": 47326.687,
      "importer_biz_entry_days": 12.5,
      "importer_biz_entry_cost_pct": 3.9,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.010891091327953167,
      "scientific_collaboration": 0.007596370615420487,
      "avg_applied_tariff_pct": 1.9243141578797984,
      "avg_mfn_tariff_pct": 5.920413126868687,
      "avg_preferential_tariff_pct": 1.6369810062462136,
      "tariff_advantage_pp": 4.283432120622474
    }
  ],
  "relatedAnomalies": [
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "710812",
      "market_imports_usd": 41743878490.2161,
      "momentum_yoy_pct": 881312.983340332,
      "anomaly_z_score": 3.9915664466015692,
      "anomaly_type": "spike",
      "anomaly_severity": "99.78916116503923",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "CHN",
      "hs_code": "848620",
      "market_imports_usd": 34193009725.873837,
      "momentum_yoy_pct": 32779.194222158236,
      "anomaly_z_score": 3.1207423798020977,
      "anomaly_type": "spike",
      "anomaly_severity": "78.01855949505244",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "CHN"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "847330",
      "market_imports_usd": 32437253404.79868,
      "momentum_yoy_pct": -99.48236316295385,
      "anomaly_z_score": -2.384467431425413,
      "anomaly_type": "drop",
      "anomaly_severity": "59.61168578563532",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "710812",
      "market_imports_usd": 21528311466.103046,
      "momentum_yoy_pct": 471614.5912097896,
      "anomaly_z_score": 3.681367488809768,
      "anomaly_type": "spike",
      "anomaly_severity": "92.0341872202442",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "KOR",
      "hs_code": "854239",
      "market_imports_usd": 15909752628.038187,
      "momentum_yoy_pct": 963.6188028225067,
      "anomaly_z_score": 4.1058251398481795,
      "anomaly_type": "spike",
      "anomaly_severity": "100",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "KOR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "710812",
      "market_imports_usd": 14067731674.616661,
      "momentum_yoy_pct": 85725.07907115985,
      "anomaly_z_score": 3.8673020105047353,
      "anomaly_type": "spike",
      "anomaly_severity": "96.68255026261838",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Thailand"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "847330",
      "market_imports_usd": 11747584627.6957,
      "momentum_yoy_pct": 314.3558382817881,
      "anomaly_z_score": 3.295197390936888,
      "anomaly_type": "spike",
      "anomaly_severity": "82.3799347734222",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "TWN",
      "hs_code": "848620",
      "market_imports_usd": 10604578489.389444,
      "momentum_yoy_pct": 67816.17736874423,
      "anomaly_z_score": 2.998089349459092,
      "anomaly_type": "spike",
      "anomaly_severity": "74.9522337364773",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Taiwan"
    }
  ],
  "links": {
    "html": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-511211/index.ld.json",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported trade observations and calculated indicators are shown separately. An unusual movement is a research prompt, not a causal conclusion or commercial forecast.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "generatedAt": "2026-09-03T09:08:55.166Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}