{
  "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 551612 | Yugalinks",
    "description": "Reported trade anomaly for India to Spain in fabrics, woven (HS 551612), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-551612",
    "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 551612",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-551612"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "551612",
    "market_imports_usd": 21142870.695376158,
    "momentum_yoy_pct": 40036.65911701797,
    "anomaly_z_score": 4.916995034856529,
    "anomaly_type": "spike",
    "anomaly_severity": "100",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "551612",
    "hs_description": "Fabrics, woven: dyed, containing 85% or more by weight of artificial staple fibres",
    "hs_chapter": "55",
    "hs_heading": "5516",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -4.2731791,
    "buyer_imports_latest_usd": 21142870.695376158,
    "buyer_imports_avg_usd": 9564099.865169818,
    "buyer_imports_peak_usd": 21142870.695376158,
    "buyer_cagr_full_pct": 4.5566,
    "buyer_yoy_avg_pct": 9.131,
    "buyer_yoy_latest_pct": 42.7312,
    "buyer_trend_consistency_pct": 62.069,
    "buyer_imports_proj_3y_usd": 24166741.68,
    "buyer_imports_proj_5y_usd": 26419273.08,
    "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": 49205.040685601605,
    "exports_avg_usd": 101829.40946186782,
    "exports_peak_usd": 943234.9958899304,
    "share_latest_pct": 0.23272639460620884,
    "share_avg_pct": 0.8503703494677324,
    "share_peak_pct": 5.8924143385506875,
    "share_change_1y_pp": 0.23189878922498108,
    "share_trend_pp_per_yr": -0.025083,
    "cagr_full_pct": -0.1496,
    "yoy_avg_pct": 1980.764,
    "yoy_latest_pct": 40036.6591,
    "trend_consistency_pct": 50,
    "exports_proj_3y_usd": 48984.61,
    "exports_proj_5y_usd": 48838.2,
    "your_share_gap_pp": 65.0438,
    "addressable_proj_3y_usd": 15718962.71,
    "addressable_proj_5y_usd": 17184094.32,
    "peer_best_share_pct": 65.27650812890005,
    "peer_top_exporter": "TUR",
    "num_suppliers_latest": 23,
    "buyer_herfindahl_index": 4700.3,
    "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": 2.068058031359203,
    "lane_max_drawdown_pct": 99.9873739420826,
    "signal_flag": "Stable",
    "lane_data_years": 27,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "ESP",
    "hs_code": "551612",
    "hs_description": "Fabrics, woven: dyed, containing 85% or more by weight of artificial staple fibres",
    "hs_chapter": "55",
    "hs_heading": "5516",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -4.2731791,
    "buyer_imports_latest_usd": 21142870.695376158,
    "buyer_imports_avg_usd": 9564099.865169818,
    "buyer_imports_peak_usd": 21142870.695376158,
    "buyer_cagr_full_pct": 4.5566,
    "buyer_yoy_avg_pct": 9.131,
    "buyer_yoy_latest_pct": 42.7312,
    "buyer_trend_consistency_pct": 62.069,
    "buyer_imports_proj_3y_usd": 24166741.68,
    "buyer_imports_proj_5y_usd": 26419273.08,
    "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": 49205.040685601605,
    "exports_avg_usd": 101829.40946186782,
    "exports_peak_usd": 943234.9958899304,
    "share_latest_pct": 0.23272639460620884,
    "share_avg_pct": 0.8503703494677324,
    "share_peak_pct": 5.8924143385506875,
    "share_change_1y_pp": 0.23189878922498108,
    "share_trend_pp_per_yr": -0.025083,
    "cagr_full_pct": -0.1496,
    "yoy_avg_pct": 1980.764,
    "yoy_latest_pct": 40036.6591,
    "trend_consistency_pct": 50,
    "exports_proj_3y_usd": 48984.61,
    "exports_proj_5y_usd": 48838.2,
    "your_share_gap_pp": 65.0438,
    "addressable_proj_3y_usd": 15718962.71,
    "addressable_proj_5y_usd": 17184094.32,
    "peer_best_share_pct": 65.27650812890005,
    "peer_top_exporter": "TUR",
    "num_suppliers_latest": 23,
    "buyer_herfindahl_index": 4700.3,
    "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": 2.068058031359203,
    "lane_max_drawdown_pct": 99.9873739420826,
    "signal_flag": "Stable",
    "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": 894029.9552043288,
    "current_below_peak_pct": 94.78337414324017,
    "latest_vs_historical_avg_pct": -51.67894918999066,
    "share_change_all_pp": -0.677241,
    "volatility_label": "Highly volatile",
    "drawdown_label": "Still more than 50% below historical peak",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand stable or growing",
    "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": "551612",
      "export_value_usd": 51387.72164312767,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 41021.384567830144,
      "yoy_growth_pct": -20.172789810158598,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 3702.365174363635,
      "yoy_growth_pct": -90.97454848643234,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 40361.416009855464,
      "yoy_growth_pct": 990.152216462354,
      "cagr_3y_pct": -7.735278087884023
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 33080.242593681,
      "yoy_growth_pct": -18.039935502749806,
      "cagr_3y_pct": -6.920768192914062
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 45712.73777735121,
      "yoy_growth_pct": 38.18743211418671,
      "cagr_3y_pct": 131.12805257639647
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 9520.341923680342,
      "yoy_growth_pct": -79.17354683491024,
      "cagr_3y_pct": -38.213245415961275
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 24113.88462213347,
      "yoy_growth_pct": 153.28801019377258,
      "cagr_3y_pct": -10.0020056786715
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 62508.85527940111,
      "yoy_growth_pct": 159.22349824144862,
      "cagr_3y_pct": 10.99449454242054
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 45157.71900009,
      "yoy_growth_pct": -27.757885185635335,
      "cagr_3y_pct": 68.01954983864375
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 29620.847488639833,
      "yoy_growth_pct": -34.405793417996165,
      "cagr_3y_pct": 7.096867230667714
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 4482.517095185113,
      "yoy_growth_pct": -84.86701942979774,
      "cagr_3y_pct": -58.454230916159865
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 6493.431829889674,
      "yoy_growth_pct": 44.86128422944735,
      "cagr_3y_pct": -47.61011687669004
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 1622.5920954249386,
      "yoy_growth_pct": -75.01179441114564,
      "cagr_3y_pct": -62.021545111958545
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 2854.775484225753,
      "yoy_growth_pct": 75.93919582593058,
      "cagr_3y_pct": -13.963381161313581
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 1273.042259537779,
      "yoy_growth_pct": -55.40657167009957,
      "cagr_3y_pct": -41.90712835678331
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 10588.142883501001,
      "yoy_growth_pct": 731.7196702759408,
      "cagr_3y_pct": 86.86880676848223
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 337094.78116403165,
      "yoy_growth_pct": 3083.7007195030433,
      "cagr_3y_pct": 390.59903556801413
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 943234.9958899304,
      "yoy_growth_pct": 179.81299284219668,
      "cagr_3y_pct": 804.8828592314812
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 447755.94587438967,
      "yoy_growth_pct": -52.529756865950716,
      "cagr_3y_pct": 248.39655831354685
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 501124.59961681167,
      "yoy_growth_pct": 11.919139038612258,
      "cagr_3y_pct": 14.129495573427931
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 823.4240772847368,
      "yoy_growth_pct": -99.83568476224988,
      "cagr_3y_pct": -90.44271466691644
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 56284.80505192316,
      "yoy_growth_pct": 6735.457767706263,
      "cagr_3y_pct": -49.90628181882203
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 126.7582228326767,
      "yoy_growth_pct": -99.77479139757925,
      "cagr_3y_pct": -93.6757338304488
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 119.0933968782356,
      "yoy_growth_pct": -6.046807680917721,
      "cagr_3y_pct": -47.508613983928505
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 122.59376282949927,
      "yoy_growth_pct": 2.9391771861563054,
      "cagr_3y_pct": -87.03739154592432
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "ESP",
      "hs_code": "551612",
      "export_value_usd": 49205.040685601605,
      "yoy_growth_pct": 40036.65911701797,
      "cagr_3y_pct": 629.4762404457274
    }
  ],
  "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-551612",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-551612/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-551612/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-esp-551612/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": "2026-09-03T09:08:55.177Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}