{ "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 Serbia trade anomaly | HS 842240 | Yugalinks", "description": "Reported trade anomaly for India to Serbia in machinery (HS 842240), with anomaly severity, market value, history, and context.", "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-srb-842240", "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-SRB HS 842240", "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-srb-842240" } ], "sections": [ "overview", "history", "context", "related-movements", "faq", "data-source" ], "anomaly": { "year": 2024, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "market_imports_usd": 64252907.73068679, "momentum_yoy_pct": 24228.94727308813, "anomaly_z_score": 3.5116800576478635, "anomaly_type": "spike", "anomaly_severity": "87.79200144119659", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0 }, "opportunity": { "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "hs_description": "Machinery: for packing or wrapping", "hs_chapter": "84", "hs_heading": "8422", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -6.1000361, "buyer_imports_latest_usd": 64252907.7306868, "buyer_imports_avg_usd": 33294552.67767313, "buyer_imports_peak_usd": 64252907.7306868, "buyer_cagr_full_pct": 3.0318, "buyer_yoy_avg_pct": 5.9093, "buyer_yoy_latest_pct": 39.4265, "buyer_trend_consistency_pct": 61.1111, "buyer_imports_proj_3y_usd": 70276018.11, "buyer_imports_proj_5y_usd": 74601928.2, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "buyer_investment_rate": null, "buyer_savings_rate": null, "buyer_edu_secondary": null, "buyer_gdp_mn_2030_proj": null, "buyer_gdp_pc_2030_proj": null, "buyer_gdp_pc_growth_pct": null, "buyer_gdp_mn_growth_pct": null, "buyer_pop_growth_pct": null, "exports_latest_usd": 315499.82668947004, "exports_avg_usd": 54109.26205670531, "exports_peak_usd": 315499.82668947004, "share_latest_pct": 0.4910280916964467, "share_avg_pct": 0.15231204312953808, "share_peak_pct": 0.8735796006976283, "share_change_1y_pp": 0.48821406500458786, "share_trend_pp_per_yr": 0.016648, "cagr_full_pct": 6.7832, "yoy_avg_pct": 2298.1887, "yoy_latest_pct": 24228.9473, "trend_consistency_pct": 42.8571, "exports_proj_3y_usd": 384155.78, "exports_proj_5y_usd": 438039.09, "your_share_gap_pp": 31.4612, "addressable_proj_3y_usd": 22109661.17, "addressable_proj_5y_usd": 23470643.32, "peer_best_share_pct": 31.952203273306374, "peer_top_exporter": "DEU", "num_suppliers_latest": 41, "buyer_herfindahl_index": 1939.82, "distance_km": null, "shares_official_language": null, "common_spoken_language_score": null, "has_wto_reported_fta": null, "buyer_is_eu_member": null, "buyer_biz_entry_days": null, "shared_legal_system": null, "shared_religion": null, "shares_land_border": null, "buyer_is_wto_member": null, "lane_volatility_cv": 1.660757411526297, "lane_max_drawdown_pct": 99.81431952664245, "signal_flag": "Growing", "lane_data_years": 15, "lane_last_year": 2024 }, "lane": { "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "hs_description": "Machinery: for packing or wrapping", "hs_chapter": "84", "hs_heading": "8422", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -6.1000361, "buyer_imports_latest_usd": 64252907.7306868, "buyer_imports_avg_usd": 33294552.67767313, "buyer_imports_peak_usd": 64252907.7306868, "buyer_cagr_full_pct": 3.0318, "buyer_yoy_avg_pct": 5.9093, "buyer_yoy_latest_pct": 39.4265, "buyer_trend_consistency_pct": 61.1111, "buyer_imports_proj_3y_usd": 70276018.11, "buyer_imports_proj_5y_usd": 74601928.2, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "buyer_investment_rate": null, "buyer_savings_rate": null, "buyer_edu_secondary": null, "buyer_gdp_mn_2030_proj": null, "buyer_gdp_pc_2030_proj": null, "buyer_gdp_pc_growth_pct": null, "buyer_gdp_mn_growth_pct": null, "buyer_pop_growth_pct": null, "exports_latest_usd": 315499.82668947004, "exports_avg_usd": 54109.26205670531, "exports_peak_usd": 315499.82668947004, "share_latest_pct": 0.4910280916964467, "share_avg_pct": 0.15231204312953808, "share_peak_pct": 0.8735796006976283, "share_change_1y_pp": 0.48821406500458786, "share_trend_pp_per_yr": 0.016648, "cagr_full_pct": 6.7832, "yoy_avg_pct": 2298.1887, "yoy_latest_pct": 24228.9473, "trend_consistency_pct": 42.8571, "exports_proj_3y_usd": 384155.78, "exports_proj_5y_usd": 438039.09, "your_share_gap_pp": 31.4612, "addressable_proj_3y_usd": 22109661.17, "addressable_proj_5y_usd": 23470643.32, "peer_best_share_pct": 31.952203273306374, "peer_top_exporter": "DEU", "num_suppliers_latest": 41, "buyer_herfindahl_index": 1939.82, "distance_km": null, "shares_official_language": null, "common_spoken_language_score": null, "has_wto_reported_fta": null, "buyer_is_eu_member": null, "buyer_biz_entry_days": null, "shared_legal_system": null, "shared_religion": null, "shares_land_border": null, "buyer_is_wto_member": null, "lane_volatility_cv": 1.660757411526297, "lane_max_drawdown_pct": 99.81431952664245, "signal_flag": "Growing", "lane_data_years": 15, "lane_last_year": 2024, "access_data_year": 2024, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "rta_coverage_ratio": null, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 10.836286255256834, "buyer_gdp_pc_5y_cagr_pct": 12.018236663180426, "buyer_population_5y_cagr_pct": -1.0551410583952703, "buyer_investment_5y_avg_pct": null, "buyer_savings_5y_avg_pct": null, "current_below_peak_usd": 0, "current_below_peak_pct": 0, "latest_vs_historical_avg_pct": 483.0791526205499, "share_change_all_pp": 0.24972, "volatility_label": "Highly volatile", "drawdown_label": "Recovered after a severe historical decline", "competition_label": "Moderately 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" ], "risk_driver_count": 1, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years" }, "routeHistory": [ { "year": 2006, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 96816.56107369419, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2008, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 173750.54072344265, "yoy_growth_pct": 79.46365662708095, "cagr_3y_pct": null }, { "year": 2009, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 4904.154961944581, "yoy_growth_pct": -97.1774735540245, "cagr_3y_pct": null }, { "year": 2010, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 158973.43033647852, "yoy_growth_pct": 3141.6069959062393, "cagr_3y_pct": 17.975446868928067 }, { "year": 2011, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 1962.1332522291968, "yoy_growth_pct": -98.76574767992601, "cagr_3y_pct": -77.56458481009518 }, { "year": 2014, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 9138.703057702613, "yoy_growth_pct": 365.7534368432955, "cagr_3y_pct": 23.057133342159595 }, { "year": 2015, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 6662.902551305045, "yoy_growth_pct": -27.091377088905677, "cagr_3y_pct": -65.26401339388543 }, { "year": 2016, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 3336.656334891648, "yoy_growth_pct": -49.92188000351129, "cagr_3y_pct": 19.36060004215163 }, { "year": 2017, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 6852.86, "yoy_growth_pct": 105.38105552972792, "cagr_3y_pct": -9.14912847683923 }, { "year": 2018, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 2157.3010047186613, "yoy_growth_pct": -68.51969827606779, "cagr_3y_pct": -31.332838588249746 }, { "year": 2019, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 322.62082647659935, "yoy_growth_pct": -85.04516403733501, "cagr_3y_pct": -54.102012802816866 }, { "year": 2020, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 15745.797199263097, "yoy_growth_pct": 4780.589195442157, "cagr_3y_pct": 31.956543602401013 }, { "year": 2021, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 14218.634460252382, "yoy_growth_pct": -9.698859446012598, "cagr_3y_pct": 87.49184433079853 }, { "year": 2023, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 1296.808378710514, "yoy_growth_pct": -90.8795153125591, "cagr_3y_pct": 58.99902803379711 }, { "year": 2024, "exporter_iso3": "IND", "importer_iso3": "SRB", "hs_code": "842240", "export_value_usd": 315499.82668947004, "yoy_growth_pct": 24228.94727308813, "cagr_3y_pct": 171.6094172957829 } ], "corridorHistory": [ { "year": 2006, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 28636279.99641774, "yoy_growth_pct": null, "cagr_3y_pct": null, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2007, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 41108336.44017721, "yoy_growth_pct": 43.553340187062226, "cagr_3y_pct": null, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2008, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 54464474.031393394, "yoy_growth_pct": 32.49009507026066, "cagr_3y_pct": null, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2009, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 76624666.08765587, "yoy_growth_pct": 40.687425060764035, "cagr_3y_pct": 38.83021565227081, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2010, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 59877007.527413726, "yoy_growth_pct": -21.856745895745146, "cagr_3y_pct": 13.355708332057636, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2011, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 110708501.98475663, "yoy_growth_pct": 84.89317779294585, "cagr_3y_pct": 26.674506229760265, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2012, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 101671436.26585862, "yoy_growth_pct": -8.162937404881799, "cagr_3y_pct": 9.88627574511014, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2013, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 124159185.36509249, "yoy_growth_pct": 22.11805982599784, "cagr_3y_pct": 27.518419793472184, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2014, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 89769032.07787086, "yoy_growth_pct": -27.698436636884104, "cagr_3y_pct": -6.750068225957396, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2015, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 88896163.84346776, "yoy_growth_pct": -0.972348942835799, "cagr_3y_pct": -4.377222591889696, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2016, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 88027553.43736598, "yoy_growth_pct": -0.9771067372842612, "cagr_3y_pct": -10.831130817224398, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2017, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 113997114.58817522, "yoy_growth_pct": 29.501627770772142, "cagr_3y_pct": 8.290187450947295, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2018, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 128163847.73945045, "yoy_growth_pct": 12.427273446748032, "cagr_3y_pct": 12.969404398544304, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2019, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 124607477.80597524, "yoy_growth_pct": -2.774862019362201, "cagr_3y_pct": 12.281573795506695, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2020, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 134889933.97542685, "yoy_growth_pct": 8.251877295407816, "cagr_3y_pct": 5.769851446561858, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2021, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 153567312.00222132, "yoy_growth_pct": 13.846383845214838, "cagr_3y_pct": 6.213017778362029, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2022, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 177421281.0295716, "yoy_growth_pct": 15.533233418193348, "cagr_3y_pct": 12.500348652017435, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2023, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 220547403.43090776, "yoy_growth_pct": 24.307186911894817, "cagr_3y_pct": 17.807824364158108, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2024, "exporter_iso3": "IND", "importer_iso3": "SRB", "export_value_usd": 235183235.6294298, "yoy_growth_pct": 6.63613897549562, "cagr_3y_pct": 15.266346035173228, "distance_km": 5259, "capital_distance_km": 5259, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 3173397.5908170003, "exporter_gdp_per_capita_usd": 2277.434305882774, "diplomatic_disagreement": 0.545, "scientific_collaboration": 230, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "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-srb-842240", "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-srb-842240/index.md", "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-srb-842240/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-srb-842240/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": "2026-09-03T09:08:19.226Z", "artifactContract": { "html": "Full visual page", "markdown": "Readable page content and evidence", "json": "Complete page data", "jsonLd": "Page metadata, FAQ, and provenance" } }