{
  "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 PAN trade anomaly | HS 847330 | Yugalinks",
    "description": "Reported trade anomaly for India to PAN in machines (HS 847330), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-pan-847330",
    "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-PAN HS 847330",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-pan-847330"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "PAN",
    "hs_code": "847330",
    "market_imports_usd": 30791877.25707623,
    "momentum_yoy_pct": 9913.064805467362,
    "anomaly_z_score": 3.108316729631519,
    "anomaly_type": "spike",
    "anomaly_severity": "77.70791824078798",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "PAN",
    "hs_code": "847330",
    "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units",
    "hs_chapter": "84",
    "hs_heading": "8473",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -16.730928,
    "buyer_imports_latest_usd": 30791877.257076226,
    "buyer_imports_avg_usd": 29254832.187938992,
    "buyer_imports_peak_usd": 41779683.22417766,
    "buyer_cagr_full_pct": 0.6095,
    "buyer_yoy_avg_pct": 3.695,
    "buyer_yoy_latest_pct": 12.4822,
    "buyer_trend_consistency_pct": 48.2759,
    "buyer_imports_proj_3y_usd": 31358385.7,
    "buyer_imports_proj_5y_usd": 31741836.58,
    "buyer_gdp_mn_latest": 63605.0658,
    "buyer_gdp_pc_latest": 14516,
    "buyer_population_latest": 4381.583,
    "buyer_investment_rate": 37.8,
    "buyer_savings_rate": 37.61,
    "buyer_edu_secondary": 73.47,
    "buyer_gdp_mn_2030_proj": 82604.99,
    "buyer_gdp_pc_2030_proj": 17498.42,
    "buyer_gdp_pc_growth_pct": 20.55,
    "buyer_gdp_mn_growth_pct": 29.87,
    "buyer_pop_growth_pct": 7.74,
    "exports_latest_usd": 62095.76688006081,
    "exports_avg_usd": 11242.951021451914,
    "exports_peak_usd": 65512.42594047739,
    "share_latest_pct": 0.2016628163383273,
    "share_avg_pct": 0.03298547861923778,
    "share_peak_pct": 0.2016628163383273,
    "share_change_1y_pp": 0.19939742894754645,
    "share_trend_pp_per_yr": 0.00946,
    "cagr_full_pct": 8.7431,
    "yoy_avg_pct": 1334.8232,
    "yoy_latest_pct": 9913.0648,
    "trend_consistency_pct": 63.1579,
    "exports_proj_3y_usd": 79848.67,
    "exports_proj_5y_usd": 94421.62,
    "your_share_gap_pp": 42.7367,
    "addressable_proj_3y_usd": 13401532.6,
    "addressable_proj_5y_usd": 13565406.77,
    "peer_best_share_pct": 42.93834169129946,
    "peer_top_exporter": "USA",
    "num_suppliers_latest": 54,
    "buyer_herfindahl_index": 2904.22,
    "distance_km": 15161.384765625,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 1.9038815786901049,
    "lane_max_drawdown_pct": 99.98277783131827,
    "signal_flag": "Growing",
    "lane_data_years": 20,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "PAN",
    "hs_code": "847330",
    "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units",
    "hs_chapter": "84",
    "hs_heading": "8473",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -16.730928,
    "buyer_imports_latest_usd": 30791877.257076226,
    "buyer_imports_avg_usd": 29254832.187938992,
    "buyer_imports_peak_usd": 41779683.22417766,
    "buyer_cagr_full_pct": 0.6095,
    "buyer_yoy_avg_pct": 3.695,
    "buyer_yoy_latest_pct": 12.4822,
    "buyer_trend_consistency_pct": 48.2759,
    "buyer_imports_proj_3y_usd": 31358385.7,
    "buyer_imports_proj_5y_usd": 31741836.58,
    "buyer_gdp_mn_latest": 63605.0658,
    "buyer_gdp_pc_latest": 14516,
    "buyer_population_latest": 4381.583,
    "buyer_investment_rate": 37.8,
    "buyer_savings_rate": 37.61,
    "buyer_edu_secondary": 73.47,
    "buyer_gdp_mn_2030_proj": 82604.99,
    "buyer_gdp_pc_2030_proj": 17498.42,
    "buyer_gdp_pc_growth_pct": 20.55,
    "buyer_gdp_mn_growth_pct": 29.87,
    "buyer_pop_growth_pct": 7.74,
    "exports_latest_usd": 62095.76688006081,
    "exports_avg_usd": 11242.951021451914,
    "exports_peak_usd": 65512.42594047739,
    "share_latest_pct": 0.2016628163383273,
    "share_avg_pct": 0.03298547861923778,
    "share_peak_pct": 0.2016628163383273,
    "share_change_1y_pp": 0.19939742894754645,
    "share_trend_pp_per_yr": 0.00946,
    "cagr_full_pct": 8.7431,
    "yoy_avg_pct": 1334.8232,
    "yoy_latest_pct": 9913.0648,
    "trend_consistency_pct": 63.1579,
    "exports_proj_3y_usd": 79848.67,
    "exports_proj_5y_usd": 94421.62,
    "your_share_gap_pp": 42.7367,
    "addressable_proj_3y_usd": 13401532.6,
    "addressable_proj_5y_usd": 13565406.77,
    "peer_best_share_pct": 42.93834169129946,
    "peer_top_exporter": "USA",
    "num_suppliers_latest": 54,
    "buyer_herfindahl_index": 2904.22,
    "distance_km": 15161.384765625,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 1.9038815786901049,
    "lane_max_drawdown_pct": 99.98277783131827,
    "signal_flag": "Growing",
    "lane_data_years": 20,
    "lane_last_year": 2024,
    "access_data_year": 2024,
    "avg_applied_tariff_pct": 12.196142178989897,
    "avg_mfn_tariff_pct": 12.196142178989897,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "rta_coverage_ratio": null,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 4.395634788621838,
    "buyer_gdp_pc_5y_cagr_pct": 3.063341443383494,
    "buyer_population_5y_cagr_pct": 1.2926937226950042,
    "buyer_investment_5y_avg_pct": 37.974000000000004,
    "buyer_savings_5y_avg_pct": 37.7,
    "current_below_peak_usd": 3416.659060416583,
    "current_below_peak_pct": 5.215283988293849,
    "latest_vs_historical_avg_pct": 452.30843540614984,
    "share_change_all_pp": 0.18919999999999998,
    "volatility_label": "Highly volatile",
    "drawdown_label": "Recovered after a severe historical decline",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand stable or growing",
    "access_label": "Long-distance market without reported FTA",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_buyer_market",
      "long_distance_without_fta"
    ],
    "risk_driver_count": 3,
    "attention_level": "Watch",
    "primary_risk_reason": "Trade has varied substantially across reported years"
  },
  "routeHistory": [
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 7638.616071612748,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 2256.076586692802,
      "yoy_growth_pct": -70.46485167546228,
      "cagr_3y_pct": null
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 2276.1413656115674,
      "yoy_growth_pct": 0.8893660364685863,
      "cagr_3y_pct": null
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 5424.736593629967,
      "yoy_growth_pct": 138.33039000072898,
      "cagr_3y_pct": -10.78155334739267
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 875.898647031127,
      "yoy_growth_pct": -83.85361884557388,
      "cagr_3y_pct": -27.048649013782743
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 3773.345091418689,
      "yoy_growth_pct": 330.7969996538418,
      "cagr_3y_pct": 18.35204449508534
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 11330.855601987774,
      "yoy_growth_pct": 200.28675690851375,
      "cagr_3y_pct": 27.828595328111263
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 350.17775641270794,
      "yoy_growth_pct": -96.90952061597822,
      "cagr_3y_pct": -26.332109574169838
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 1.9514190648565162,
      "yoy_growth_pct": -99.44273471711989,
      "cagr_3y_pct": -91.97322037876641
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 96.24879152434171,
      "yoy_growth_pct": 4832.246141164901,
      "cagr_3y_pct": -79.59620929223938
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 125.35926535534784,
      "yoy_growth_pct": 30.24502788031782,
      "cagr_3y_pct": -28.994940748644016
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 3275.1559766717414,
      "yoy_growth_pct": 2512.6158025797836,
      "cagr_3y_pct": 1088.3940846030234
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 831.4814327872282,
      "yoy_growth_pct": -74.61246307932512,
      "cagr_3y_pct": 105.18821975003054
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 26.23849276883442,
      "yoy_growth_pct": -96.84436816816465,
      "cagr_3y_pct": -40.62629524431456
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 189.8513080430705,
      "yoy_growth_pct": 623.5602658875752,
      "cagr_3y_pct": -61.298553096209474
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 800.541341871743,
      "yoy_growth_pct": 321.66754083681565,
      "cagr_3y_pct": -1.2560711548582737
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 57358.004407805194,
      "yoy_growth_pct": 7064.902223999654,
      "cagr_3y_pct": 1197.8317156771664
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 65512.42594047739,
      "yoy_growth_pct": 14.216710669875665,
      "cagr_3y_pct": 601.4068926825864
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 620.1474582103483,
      "yoy_growth_pct": -99.05338956799768,
      "cagr_3y_pct": -8.158901903283123
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "hs_code": "847330",
      "export_value_usd": 62095.76688006081,
      "yoy_growth_pct": 9913.064805467362,
      "cagr_3y_pct": 2.6808182041036854
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 25582792.131684374,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 24125812.729167737,
      "yoy_growth_pct": -5.695153973096478,
      "cagr_3y_pct": null,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 37160831.10686792,
      "yoy_growth_pct": 54.02934410553988,
      "cagr_3y_pct": null,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 25708043.98401276,
      "yoy_growth_pct": -30.81951286266711,
      "cagr_3y_pct": 0.16293243427432103,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 37361176.580018066,
      "yoy_growth_pct": 45.32874069786141,
      "cagr_3y_pct": 15.694540105371747,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 49052713.930788815,
      "yoy_growth_pct": 31.293279336988956,
      "cagr_3y_pct": 9.69644179771667,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 80285637.63026257,
      "yoy_growth_pct": 63.672162448630274,
      "cagr_3y_pct": 46.169336482290156,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 44744133.39316205,
      "yoy_growth_pct": -44.26881978664592,
      "cagr_3y_pct": 6.19527294504334,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 52395715.52826854,
      "yoy_growth_pct": 17.10074942757933,
      "cagr_3y_pct": 2.221969690567427,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 46218899.288771935,
      "yoy_growth_pct": -11.788781157428962,
      "cagr_3y_pct": -16.81201991253738,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 52942087.12422179,
      "yoy_growth_pct": 14.546404044466566,
      "cagr_3y_pct": 5.768168909127547,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 70748290.38194089,
      "yoy_growth_pct": 33.63336095144707,
      "cagr_3y_pct": 10.528274815458438,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 61786406.61583481,
      "yoy_growth_pct": -12.667279615838856,
      "cagr_3y_pct": 10.160131727432976,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 82611583.78022197,
      "yoy_growth_pct": 33.70511137485379,
      "cagr_3y_pct": 15.988063226430516,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 96691624.69654045,
      "yoy_growth_pct": 17.043664183677553,
      "cagr_3y_pct": 10.974782536909466,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 86897426.07899928,
      "yoy_growth_pct": -10.129314351971574,
      "cagr_3y_pct": 12.039542006823822,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 184003834.73378104,
      "yoy_growth_pct": 111.74831411749918,
      "cagr_3y_pct": 30.595629135332693,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 230424493.69102207,
      "yoy_growth_pct": 25.228093221210845,
      "cagr_3y_pct": 33.57133339533422,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 201867094.474059,
      "yoy_growth_pct": -12.393386987433686,
      "cagr_3y_pct": 32.44011213914302,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 241327619.98524937,
      "yoy_growth_pct": 19.547775041791816,
      "cagr_3y_pct": 9.461161443305443,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 219943128.80222943,
      "yoy_growth_pct": -8.861186790110064,
      "cagr_3y_pct": -1.5398290119299496,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 195287267.07990864,
      "yoy_growth_pct": -11.210107747667397,
      "cagr_3y_pct": -1.0985181899152319,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 216636528.8977444,
      "yoy_growth_pct": 10.932234413982522,
      "cagr_3y_pct": -3.533863281641292,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 193074620.47355947,
      "yoy_growth_pct": -10.876239821635291,
      "cagr_3y_pct": -4.250114419541906,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 229759178.60507947,
      "yoy_growth_pct": 19.000196940199988,
      "cagr_3y_pct": 5.5681669605951445,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 155785207.2010236,
      "yoy_growth_pct": -32.196307391577896,
      "cagr_3y_pct": -10.408905425959025,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 322991662.4512078,
      "yoy_growth_pct": 107.33140729749952,
      "cagr_3y_pct": 18.710383317340206,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 278361791.371989,
      "yoy_growth_pct": -13.81765422070631,
      "cagr_3y_pct": 6.605329683188743,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 287563568.3237139,
      "yoy_growth_pct": 3.3056896589044094,
      "cagr_3y_pct": 22.669298749667654,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "PAN",
      "export_value_usd": 245909722.2196458,
      "yoy_growth_pct": -14.485091538848149,
      "cagr_3y_pct": -8.687942404420824,
      "distance_km": 15152,
      "capital_distance_km": 15152,
      "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": 0,
      "importer_gdp_million_usd": 63605.0658,
      "importer_gdp_per_capita_usd": 14516.458047240005,
      "importer_population": 4381.583,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 5.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.047,
      "scientific_collaboration": 427,
      "avg_applied_tariff_pct": 12.196142178989897,
      "avg_mfn_tariff_pct": 12.196142178989897,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    }
  ],
  "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-pan-847330",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-pan-847330/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-pan-847330/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-pan-847330/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": "2026-09-03T09:09:29.348Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}