{
  "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 Thailand trade anomaly | HS 722020 | Yugalinks",
    "description": "Reported trade anomaly for India to Thailand in steel, stainless (HS 722020), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-tha-722020",
    "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-THA HS 722020",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-tha-722020"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "THA",
    "hs_code": "722020",
    "market_imports_usd": 111247574.23479049,
    "momentum_yoy_pct": 1396.828687958062,
    "anomaly_z_score": 3.355750644796432,
    "anomaly_type": "spike",
    "anomaly_severity": "83.8937661199108",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "THA",
    "hs_code": "722020",
    "hs_description": "Steel, stainless: flat-rolled, width less than 600mm, cold-rolled",
    "hs_chapter": "72",
    "hs_heading": "7220",
    "price_range_label": "Low price range",
    "trade_type_label": "Two-way vertical trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 111247574.23479049,
    "buyer_imports_avg_usd": 75528162.58821768,
    "buyer_imports_peak_usd": 135676257.87542278,
    "buyer_cagr_full_pct": 4.0107,
    "buyer_yoy_avg_pct": 7.3814,
    "buyer_yoy_latest_pct": 10.3171,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 125177090.09,
    "buyer_imports_proj_5y_usd": 135419452.21,
    "buyer_gdp_mn_latest": 505981.655622,
    "buyer_gdp_pc_latest": 7233,
    "buyer_population_latest": 69950.844,
    "buyer_investment_rate": 25.53,
    "buyer_savings_rate": 30.71,
    "buyer_edu_secondary": 64.74,
    "buyer_gdp_mn_2030_proj": 592008.23,
    "buyer_gdp_pc_2030_proj": 8453.19,
    "buyer_gdp_pc_growth_pct": 16.87,
    "buyer_gdp_mn_growth_pct": 17,
    "buyer_pop_growth_pct": 0.11,
    "exports_latest_usd": 570094.1070821497,
    "exports_avg_usd": 137429.79168158,
    "exports_peak_usd": 597327.9420027909,
    "share_latest_pct": 0.5124553150965372,
    "share_avg_pct": 0.19103057344891108,
    "share_peak_pct": 1.2975505361206463,
    "share_change_1y_pp": 0.47468708833699924,
    "share_trend_pp_per_yr": 0.02143,
    "cagr_full_pct": 22.1946,
    "yoy_avg_pct": 175.9739,
    "yoy_latest_pct": 1396.8287,
    "trend_consistency_pct": 56.5217,
    "exports_proj_3y_usd": 1040165.79,
    "exports_proj_5y_usd": 1553125.6,
    "your_share_gap_pp": 44.777,
    "addressable_proj_3y_usd": 56050600.95,
    "addressable_proj_5y_usd": 60636827.96,
    "peer_best_share_pct": 45.289499508047335,
    "peer_top_exporter": "JPN",
    "num_suppliers_latest": 29,
    "buyer_herfindahl_index": 3132.34,
    "distance_km": 2919.7060546875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.023000000044703484,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 1.2363415566864475,
    "lane_max_drawdown_pct": 98.51511927669637,
    "signal_flag": "Accelerating",
    "lane_data_years": 24,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "THA",
    "hs_code": "722020",
    "hs_description": "Steel, stainless: flat-rolled, width less than 600mm, cold-rolled",
    "hs_chapter": "72",
    "hs_heading": "7220",
    "price_range_label": "Low price range",
    "trade_type_label": "Two-way vertical trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 111247574.23479049,
    "buyer_imports_avg_usd": 75528162.58821768,
    "buyer_imports_peak_usd": 135676257.87542278,
    "buyer_cagr_full_pct": 4.0107,
    "buyer_yoy_avg_pct": 7.3814,
    "buyer_yoy_latest_pct": 10.3171,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 125177090.09,
    "buyer_imports_proj_5y_usd": 135419452.21,
    "buyer_gdp_mn_latest": 505981.655622,
    "buyer_gdp_pc_latest": 7233,
    "buyer_population_latest": 69950.844,
    "buyer_investment_rate": 25.53,
    "buyer_savings_rate": 30.71,
    "buyer_edu_secondary": 64.74,
    "buyer_gdp_mn_2030_proj": 592008.23,
    "buyer_gdp_pc_2030_proj": 8453.19,
    "buyer_gdp_pc_growth_pct": 16.87,
    "buyer_gdp_mn_growth_pct": 17,
    "buyer_pop_growth_pct": 0.11,
    "exports_latest_usd": 570094.1070821497,
    "exports_avg_usd": 137429.79168158,
    "exports_peak_usd": 597327.9420027909,
    "share_latest_pct": 0.5124553150965372,
    "share_avg_pct": 0.19103057344891108,
    "share_peak_pct": 1.2975505361206463,
    "share_change_1y_pp": 0.47468708833699924,
    "share_trend_pp_per_yr": 0.02143,
    "cagr_full_pct": 22.1946,
    "yoy_avg_pct": 175.9739,
    "yoy_latest_pct": 1396.8287,
    "trend_consistency_pct": 56.5217,
    "exports_proj_3y_usd": 1040165.79,
    "exports_proj_5y_usd": 1553125.6,
    "your_share_gap_pp": 44.777,
    "addressable_proj_3y_usd": 56050600.95,
    "addressable_proj_5y_usd": 60636827.96,
    "peer_best_share_pct": 45.289499508047335,
    "peer_top_exporter": "JPN",
    "num_suppliers_latest": 29,
    "buyer_herfindahl_index": 3132.34,
    "distance_km": 2919.7060546875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.023000000044703484,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 1.2363415566864475,
    "lane_max_drawdown_pct": 98.51511927669637,
    "signal_flag": "Accelerating",
    "lane_data_years": 24,
    "lane_last_year": 2024,
    "access_data_year": 2024,
    "avg_applied_tariff_pct": 29.734531078484842,
    "avg_mfn_tariff_pct": 30.57545667454546,
    "avg_preferential_tariff_pct": 2.24423108,
    "tariff_advantage_pp": 28.33122559454546,
    "rta_coverage_ratio": 2,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": -0.6503068707693682,
    "buyer_gdp_pc_5y_cagr_pct": -0.6907461577446372,
    "buyer_population_5y_cagr_pct": 0.0407205626975049,
    "buyer_investment_5y_avg_pct": 25.753999999999998,
    "buyer_savings_5y_avg_pct": 31.083999999999996,
    "current_below_peak_usd": 27233.83492064115,
    "current_below_peak_pct": 4.559276907309638,
    "latest_vs_historical_avg_pct": 314.82570853562646,
    "share_change_all_pp": 0.51432,
    "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": "Reported FTA available",
    "macro_resilience_label": "Buyer economy and income contracted",
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_buyer_market",
      "buyer_macro_weakness"
    ],
    "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": "THA",
      "hs_code": "722020",
      "export_value_usd": 3798.7999359738396,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 3729.5435351241713,
      "yoy_growth_pct": -1.823112614955702,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 41187.799502023634,
      "yoy_growth_pct": 1004.3656982181421,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 76221.96519148718,
      "yoy_growth_pct": 85.05957131247628,
      "cagr_3y_pct": 171.73437008595994
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 130500.59978410245,
      "yoy_growth_pct": 71.21127677075081,
      "cagr_3y_pct": 227.0787094928275
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 597327.9420027909,
      "yoy_growth_pct": 357.7204572170535,
      "cagr_3y_pct": 143.86421741795462
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 181748.18575935153,
      "yoy_growth_pct": -69.57313177917561,
      "cagr_3y_pct": 33.59698204094788
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 23417.52535648945,
      "yoy_growth_pct": -87.11540076251653,
      "cagr_3y_pct": -43.5960528290557
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 127924.64259638183,
      "yoy_growth_pct": 446.27737409893075,
      "cagr_3y_pct": -40.1707176080472
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 92782.06336219268,
      "yoy_growth_pct": -27.47131320512527,
      "cagr_3y_pct": -20.078312097828377
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 35704.5743624117,
      "yoy_growth_pct": -61.51780520009347,
      "cagr_3y_pct": 15.096191628736033
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 98615.47044195994,
      "yoy_growth_pct": 176.1984205188516,
      "cagr_3y_pct": -8.308246220059235
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 28386.313565828514,
      "yoy_growth_pct": -71.21515170123813,
      "cagr_3y_pct": -32.61731332693921
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 16180.312047584966,
      "yoy_growth_pct": -42.99960081092442,
      "cagr_3y_pct": -23.189425935141994
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 19141.051303176275,
      "yoy_growth_pct": 18.298406402076917,
      "cagr_3y_pct": -42.100664583396195
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 8869.607465705702,
      "yoy_growth_pct": -53.66185835239952,
      "cagr_3y_pct": -32.14240426484294
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 53449.13707633526,
      "yoy_growth_pct": 502.60994957213285,
      "cagr_3y_pct": 48.93082719219248
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 76564.97158023965,
      "yoy_growth_pct": 43.24828382334911,
      "cagr_3y_pct": 58.740634830116264
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 207455.2517694898,
      "yoy_growth_pct": 170.95321461992305,
      "cagr_3y_pct": 185.9828640227483
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 84815.10713621805,
      "yoy_growth_pct": -59.11643286309336,
      "cagr_3y_pct": 16.639103332177573
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 357196.5566706448,
      "yoy_growth_pct": 321.1473270875743,
      "cagr_3y_pct": 67.09330378291654
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 425116.6756123445,
      "yoy_growth_pct": 19.014774267358312,
      "cagr_3y_pct": 27.016820079242088
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 38086.797217914,
      "yoy_growth_pct": -91.04086021489202,
      "cagr_3y_pct": -23.42263596437525
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "722020",
      "export_value_usd": 570094.1070821497,
      "yoy_growth_pct": 1396.828687958062,
      "cagr_3y_pct": 16.863735090494547
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 563177834.8819684,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 550738785.0533087,
      "yoy_growth_pct": -2.208725034653869,
      "cagr_3y_pct": null,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 469619049.4776499,
      "yoy_growth_pct": -14.72925782189225,
      "cagr_3y_pct": null,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 390667148.45265186,
      "yoy_growth_pct": -16.81190341678326,
      "cagr_3y_pct": -11.477477771575684,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 453410564.7080528,
      "yoy_growth_pct": 16.060581624002435,
      "cagr_3y_pct": -6.276465643032491,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 604611245.9024248,
      "yoy_growth_pct": 33.34741026418933,
      "cagr_3y_pct": 8.786959448504362,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 650691591.3359284,
      "yoy_growth_pct": 7.621483349143698,
      "cagr_3y_pct": 18.537592007016855,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 765856412.5988821,
      "yoy_growth_pct": 17.69883348676904,
      "cagr_3y_pct": 19.092726834961727,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 820382413.0642129,
      "yoy_growth_pct": 7.119611400823889,
      "cagr_3y_pct": 10.708263879847578,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 993259785.9203879,
      "yoy_growth_pct": 21.072778999547314,
      "cagr_3y_pct": 15.140793830246935,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 1142760268.392897,
      "yoy_growth_pct": 15.051498569830546,
      "cagr_3y_pct": 14.270973283325649,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 1463645173.0594573,
      "yoy_growth_pct": 28.079809347749894,
      "cagr_3y_pct": 21.28483109726911,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 1853456862.4915087,
      "yoy_growth_pct": 26.632936493564774,
      "cagr_3y_pct": 23.11374529683605,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 2275367947.9424357,
      "yoy_growth_pct": 22.763469384648815,
      "cagr_3y_pct": 25.805270122904833,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 1688769497.4904583,
      "yoy_growth_pct": -25.78037767396809,
      "cagr_3y_pct": 4.884551097334744,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 2146429341.523831,
      "yoy_growth_pct": 27.10019601333773,
      "cagr_3y_pct": 5.013396328932251,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 2866612974.9142,
      "yoy_growth_pct": 33.552636439412595,
      "cagr_3y_pct": 8.003826386893852,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 3275557956.6699214,
      "yoy_growth_pct": 14.265789813079376,
      "cagr_3y_pct": 24.711060016620223,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 3897023003.547729,
      "yoy_growth_pct": 18.972799599296874,
      "cagr_3y_pct": 21.99408976549444,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 3226517153.395149,
      "yoy_growth_pct": -17.205591281913712,
      "cagr_3y_pct": 4.0211471036475155,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 2883499395.853181,
      "yoy_growth_pct": -10.631208242021062,
      "cagr_3y_pct": -4.16042947748222,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 2748911606.058849,
      "yoy_growth_pct": -4.667515796531307,
      "cagr_3y_pct": -10.982388917631381,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 3649845573.001237,
      "yoy_growth_pct": 32.77420652438035,
      "cagr_3y_pct": 4.194989946523497,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 4594057804.263971,
      "yoy_growth_pct": 25.869922778303113,
      "cagr_3y_pct": 16.795344015418202,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 4579324750.2051325,
      "yoy_growth_pct": -0.3206980557616035,
      "cagr_3y_pct": 18.54417615741648,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 4097127080.075052,
      "yoy_growth_pct": -10.529885876918431,
      "cagr_3y_pct": 3.9285771786145673,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 6006516306.195865,
      "yoy_growth_pct": 46.60312430645514,
      "cagr_3y_pct": 9.347468969933015,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 6674640128.297456,
      "yoy_growth_pct": 11.123316545605743,
      "cagr_3y_pct": 13.381484076115967,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 5530502104.4998665,
      "yoy_growth_pct": -17.141568710902654,
      "cagr_3y_pct": 10.516818903122394,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "export_value_usd": 5231127167.265457,
      "yoy_growth_pct": -5.41316017203618,
      "cagr_3y_pct": -4.502748482926833,
      "distance_km": 2922,
      "capital_distance_km": 2922,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 1,
      "rta_coverage_ratio": 2,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 505981.655622,
      "importer_gdp_per_capita_usd": 7233.388858353161,
      "importer_population": 69950.844,
      "importer_biz_entry_days": 6,
      "importer_biz_entry_cost_pct": 3,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.007905530835149117,
      "scientific_collaboration": 0.008311625925731567,
      "avg_applied_tariff_pct": 29.734531078484842,
      "avg_mfn_tariff_pct": 30.57545667454546,
      "avg_preferential_tariff_pct": 2.24423108,
      "tariff_advantage_pp": 28.33122559454546
    }
  ],
  "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-tha-722020",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-tha-722020/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-tha-722020/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-tha-722020/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": "2026-09-03T09:08:25.440Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}