{
  "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": "SGP to China, Hong Kong SAR trade anomaly | HS 847150 | Yugalinks",
    "description": "Reported trade anomaly for SGP to China, Hong Kong SAR in digital processing units (HS 847150), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150",
    "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": "SGP-HKG HS 847150",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "SGP",
    "importer_iso3": "HKG",
    "hs_code": "847150",
    "market_imports_usd": 3153464101.4768,
    "momentum_yoy_pct": 222.46401221032173,
    "anomaly_z_score": 3.2270385778036723,
    "anomaly_type": "spike",
    "anomaly_severity": "80.67596444509181",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "SGP",
    "importer_iso3": "HKG",
    "hs_code": "847150",
    "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units",
    "hs_chapter": "84",
    "hs_heading": "8471",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -11.105368,
    "buyer_imports_latest_usd": 3153464101.476799,
    "buyer_imports_avg_usd": 1093512860.6308234,
    "buyer_imports_peak_usd": 3153464101.476799,
    "buyer_cagr_full_pct": 5.0857,
    "buyer_yoy_avg_pct": 13.9665,
    "buyer_yoy_latest_pct": 49.578,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 3659473507.92,
    "buyer_imports_proj_5y_usd": 4041157263.78,
    "buyer_gdp_mn_latest": 368139.247671,
    "buyer_gdp_pc_latest": 49661,
    "buyer_population_latest": 7413.1,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 22.16,
    "buyer_edu_secondary": 92.54,
    "buyer_gdp_mn_2030_proj": 401687.03,
    "buyer_gdp_pc_2030_proj": 52054.63,
    "buyer_gdp_pc_growth_pct": 4.82,
    "buyer_gdp_mn_growth_pct": 9.11,
    "buyer_pop_growth_pct": 4.1,
    "exports_latest_usd": 660589095.3180423,
    "exports_avg_usd": 187986718.95449212,
    "exports_peak_usd": 660589095.3180423,
    "share_latest_pct": 20.9480455163159,
    "share_avg_pct": 17.31480010560121,
    "share_peak_pct": 45.64365468981924,
    "share_change_1y_pp": 11.231094742387668,
    "share_trend_pp_per_yr": -0.314188,
    "cagr_full_pct": 3.7852,
    "yoy_avg_pct": 17.389,
    "yoy_latest_pct": 222.464,
    "trend_consistency_pct": 51.7241,
    "exports_proj_3y_usd": 738477873.2,
    "exports_proj_5y_usd": 795441438.52,
    "your_share_gap_pp": 45.7653,
    "addressable_proj_3y_usd": 1674770036.13,
    "addressable_proj_5y_usd": 1849448857.06,
    "peer_best_share_pct": 66.71337302861477,
    "peer_top_exporter": "CHN",
    "num_suppliers_latest": 108,
    "buyer_herfindahl_index": 4925.19,
    "distance_km": 2587.966552734375,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.7789131999015808,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0.835967194499189,
    "lane_max_drawdown_pct": 90.14827435257324,
    "signal_flag": "Growing",
    "lane_data_years": 30,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "SGP",
    "importer_iso3": "HKG",
    "hs_code": "847150",
    "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units",
    "hs_chapter": "84",
    "hs_heading": "8471",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -11.105368,
    "buyer_imports_latest_usd": 3153464101.476799,
    "buyer_imports_avg_usd": 1093512860.6308234,
    "buyer_imports_peak_usd": 3153464101.476799,
    "buyer_cagr_full_pct": 5.0857,
    "buyer_yoy_avg_pct": 13.9665,
    "buyer_yoy_latest_pct": 49.578,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 3659473507.92,
    "buyer_imports_proj_5y_usd": 4041157263.78,
    "buyer_gdp_mn_latest": 368139.247671,
    "buyer_gdp_pc_latest": 49661,
    "buyer_population_latest": 7413.1,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 22.16,
    "buyer_edu_secondary": 92.54,
    "buyer_gdp_mn_2030_proj": 401687.03,
    "buyer_gdp_pc_2030_proj": 52054.63,
    "buyer_gdp_pc_growth_pct": 4.82,
    "buyer_gdp_mn_growth_pct": 9.11,
    "buyer_pop_growth_pct": 4.1,
    "exports_latest_usd": 660589095.3180423,
    "exports_avg_usd": 187986718.95449212,
    "exports_peak_usd": 660589095.3180423,
    "share_latest_pct": 20.9480455163159,
    "share_avg_pct": 17.31480010560121,
    "share_peak_pct": 45.64365468981924,
    "share_change_1y_pp": 11.231094742387668,
    "share_trend_pp_per_yr": -0.314188,
    "cagr_full_pct": 3.7852,
    "yoy_avg_pct": 17.389,
    "yoy_latest_pct": 222.464,
    "trend_consistency_pct": 51.7241,
    "exports_proj_3y_usd": 738477873.2,
    "exports_proj_5y_usd": 795441438.52,
    "your_share_gap_pp": 45.7653,
    "addressable_proj_3y_usd": 1674770036.13,
    "addressable_proj_5y_usd": 1849448857.06,
    "peer_best_share_pct": 66.71337302861477,
    "peer_top_exporter": "CHN",
    "num_suppliers_latest": 108,
    "buyer_herfindahl_index": 4925.19,
    "distance_km": 2587.966552734375,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.7789131999015808,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0.835967194499189,
    "lane_max_drawdown_pct": 90.14827435257324,
    "signal_flag": "Growing",
    "lane_data_years": 30,
    "lane_last_year": 2024,
    "access_data_year": 2024,
    "avg_applied_tariff_pct": 0,
    "avg_mfn_tariff_pct": 0,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "rta_coverage_ratio": 2,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 2.303516880397938,
    "buyer_gdp_pc_5y_cagr_pct": 2.259425330431597,
    "buyer_population_5y_cagr_pct": 0.04311734573498871,
    "buyer_investment_5y_avg_pct": 23.188,
    "buyer_savings_5y_avg_pct": 22.356,
    "current_below_peak_usd": 0,
    "current_below_peak_pct": 0,
    "latest_vs_historical_avg_pct": 251.40200275422538,
    "share_change_all_pp": -9.425640000000001,
    "volatility_label": "Variable",
    "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 macro trend resilient",
    "risk_driver_labels": [
      "concentrated_buyer_market",
      "dominant_supplier"
    ],
    "risk_driver_count": 2,
    "attention_level": "High attention",
    "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers"
  },
  "routeHistory": [
    {
      "year": 1995,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 224908512.63534412,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 243071750.98639712,
      "yoy_growth_pct": 8.075834097263357,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 324698379.4966299,
      "yoy_growth_pct": 33.58128954886279,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 217046344.21959186,
      "yoy_growth_pct": -33.15447260436832,
      "cagr_3y_pct": -1.179087318133365
    },
    {
      "year": 1999,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 116359580.1552098,
      "yoy_growth_pct": -46.389523134522115,
      "cagr_3y_pct": -21.773142304707772
    },
    {
      "year": 2000,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 88095329.75571369,
      "yoy_growth_pct": -24.290436904116508,
      "cagr_3y_pct": -35.26225194252303
    },
    {
      "year": 2001,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 49530328.61506132,
      "yoy_growth_pct": -43.77644223319468,
      "cagr_3y_pct": -38.89084975066764
    },
    {
      "year": 2002,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 34243414.35685522,
      "yoy_growth_pct": -30.863744872384334,
      "cagr_3y_pct": -33.48417656673611
    },
    {
      "year": 2003,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 32572764.13274748,
      "yoy_growth_pct": -4.878748966728819,
      "cagr_3y_pct": -28.22598469221589
    },
    {
      "year": 2004,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 36936557.23525642,
      "yoy_growth_pct": 13.397061068335114,
      "cagr_3y_pct": -9.316473343910703
    },
    {
      "year": 2005,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 46367497.35955716,
      "yoy_growth_pct": 25.532807684899204,
      "cagr_3y_pct": 10.63151634171804
    },
    {
      "year": 2006,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 41114296.0639348,
      "yoy_growth_pct": -11.329490688027356,
      "cagr_3y_pct": 8.071890377394396
    },
    {
      "year": 2007,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 31988393.529648524,
      "yoy_growth_pct": -22.196421702307735,
      "cagr_3y_pct": -4.681176734571668
    },
    {
      "year": 2008,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 44866221.03187704,
      "yoy_growth_pct": 40.2578125415791,
      "cagr_3y_pct": -1.091121272281259
    },
    {
      "year": 2009,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 47537561.509472854,
      "yoy_growth_pct": 5.954012653969332,
      "cagr_3y_pct": 4.957790699868458
    },
    {
      "year": 2010,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 64959212.861865,
      "yoy_growth_pct": 36.64818051073257,
      "cagr_3y_pct": 26.633742236603574
    },
    {
      "year": 2011,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 132867603.07989521,
      "yoy_growth_pct": 104.54004478538957,
      "cagr_3y_pct": 43.603999741982946
    },
    {
      "year": 2012,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 156938700.52815396,
      "yoy_growth_pct": 18.116603965365762,
      "cagr_3y_pct": 48.90103527234446
    },
    {
      "year": 2013,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 180270949.24151313,
      "yoy_growth_pct": 14.867109664370837,
      "cagr_3y_pct": 40.52761123449942
    },
    {
      "year": 2014,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 163863147.82672277,
      "yoy_growth_pct": -9.101744614884378,
      "cagr_3y_pct": 7.239323174840773
    },
    {
      "year": 2015,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 389977570.5784923,
      "yoy_growth_pct": 137.98979560118934,
      "cagr_3y_pct": 35.44714618406282
    },
    {
      "year": 2016,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 523782436.3091703,
      "yoy_growth_pct": 34.31091319744159,
      "cagr_3y_pct": 42.69488154124363
    },
    {
      "year": 2017,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 204412583.44610307,
      "yoy_growth_pct": -60.973761379534785,
      "cagr_3y_pct": 7.6486971135452775
    },
    {
      "year": 2018,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 497352417.5404058,
      "yoy_growth_pct": 143.30812181704138,
      "cagr_3y_pct": 8.444667443716348
    },
    {
      "year": 2019,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 264922248.07348084,
      "yoy_growth_pct": -46.733495459091024,
      "cagr_3y_pct": -20.324921486264323
    },
    {
      "year": 2020,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 185041320.45160955,
      "yoy_growth_pct": -30.15259314865655,
      "cagr_3y_pct": -3.2642438768979876
    },
    {
      "year": 2021,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 162599072.5018683,
      "yoy_growth_pct": -12.128235950202349,
      "cagr_3y_pct": -31.11077850665772
    },
    {
      "year": 2022,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 267831591.8214153,
      "yoy_growth_pct": 64.71901573629077,
      "cagr_3y_pct": 0.3647306903799441
    },
    {
      "year": 2023,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 204856687.97272924,
      "yoy_growth_pct": -23.512873675737424,
      "cagr_3y_pct": 3.449201474759467
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "hs_code": "847150",
      "export_value_usd": 660589095.3180423,
      "yoy_growth_pct": 222.46401221032173,
      "cagr_3y_pct": 59.56505225525171
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 9917985033.83079,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1996,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 10500943237.536057,
      "yoy_growth_pct": 5.877788701200548,
      "cagr_3y_pct": null,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1997,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 10428864446.673223,
      "yoy_growth_pct": -0.686403013828174,
      "cagr_3y_pct": null,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1998,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 7997339503.376161,
      "yoy_growth_pct": -23.31533750132031,
      "cagr_3y_pct": -6.923360503451348,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1999,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 7665367351.61441,
      "yoy_growth_pct": -4.151032372973596,
      "cagr_3y_pct": -9.960124207225773,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2000,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 9583778423.23486,
      "yoy_growth_pct": 25.026994579932428,
      "cagr_3y_pct": -2.777545635595391,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2001,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 9400583389.568468,
      "yoy_growth_pct": -1.9115115727451948,
      "cagr_3y_pct": 5.5365981421808375,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2002,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 9672216993.270937,
      "yoy_growth_pct": 2.889539855621015,
      "cagr_3y_pct": 8.059848138239701,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2003,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 11886134913.641668,
      "yoy_growth_pct": 22.88945669758007,
      "cagr_3y_pct": 7.440485886805215,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2004,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 14623183494.06154,
      "yoy_growth_pct": 23.02723804084179,
      "cagr_3y_pct": 15.867696864729774,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2005,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 18278765860.41144,
      "yoy_growth_pct": 24.99853994059795,
      "cagr_3y_pct": 23.63467158320649,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2006,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 22971058168.954273,
      "yoy_growth_pct": 25.670728233931285,
      "cagr_3y_pct": 24.560434754445957,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2007,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 26554104936.111813,
      "yoy_growth_pct": 15.598091915504696,
      "cagr_3y_pct": 22.000959377670547,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2008,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 28373020476.270607,
      "yoy_growth_pct": 6.849846923987979,
      "cagr_3y_pct": 15.785160112680096,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2009,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 25503524774.29762,
      "yoy_growth_pct": -10.113465728376902,
      "cagr_3y_pct": 3.547527960365593,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2010,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 33977374998.488647,
      "yoy_growth_pct": 33.22619245450711,
      "cagr_3y_pct": 8.564053923533855,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2011,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 36924090886.69419,
      "yoy_growth_pct": 8.672582529805851,
      "cagr_3y_pct": 9.177902529111126,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2012,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 38699619807.94415,
      "yoy_growth_pct": 4.808592110496024,
      "cagr_3y_pct": 14.912912047966497,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2013,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 37842671476.05095,
      "yoy_growth_pct": -2.2143585289623235,
      "cagr_3y_pct": 3.656686344818727,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2014,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 38571126385.68787,
      "yoy_growth_pct": 1.9249563554146087,
      "cagr_3y_pct": 1.465290581522738,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2015,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 36293254465.51099,
      "yoy_growth_pct": -5.905640134538837,
      "cagr_3y_pct": -2.1171952755009382,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2016,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 37761486905.75693,
      "yoy_growth_pct": 4.045469225255571,
      "cagr_3y_pct": -0.07156180399449097,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2017,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 39958853673.56493,
      "yoy_growth_pct": 5.819068442119546,
      "cagr_3y_pct": 1.1851779322020084,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2018,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 42820477989.60844,
      "yoy_growth_pct": 7.161427450899649,
      "cagr_3y_pct": 5.667605399234277,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2019,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 39623358822.0256,
      "yoy_growth_pct": -7.466332272980958,
      "cagr_3y_pct": 1.6172412158130145,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2020,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 42045378235.58377,
      "yoy_growth_pct": 6.112605002612348,
      "cagr_3y_pct": 1.7111147729874654,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2021,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 55044451009.04617,
      "yoy_growth_pct": 30.916769735373784,
      "cagr_3y_pct": 8.731157475061346,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2022,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 52869149690.17986,
      "yoy_growth_pct": -3.951899381299695,
      "cagr_3y_pct": 10.090627228768634,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2023,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 45647490814.4584,
      "yoy_growth_pct": -13.659495032625513,
      "cagr_3y_pct": 2.777854793364476,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "HKG",
      "export_value_usd": 51255864271.2883,
      "yoy_growth_pct": 12.28626887647788,
      "cagr_3y_pct": -2.3490051596710915,
      "distance_km": 2578,
      "capital_distance_km": 2578,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "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": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 396986.89988800004,
      "exporter_gdp_per_capita_usd": 72794.00302260944,
      "diplomatic_disagreement": 0.023958687523029137,
      "scientific_collaboration": 0.021274728548507704,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    }
  ],
  "relatedAnomalies": [
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "USA",
      "hs_code": "270900",
      "market_imports_usd": 164969722936.03134,
      "momentum_yoy_pct": 198152.25022287865,
      "anomaly_z_score": 3.23843400119134,
      "anomaly_type": "spike",
      "anomaly_severity": "80.9608500297835",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "IND",
      "hs_code": "270900",
      "market_imports_usd": 130055084036.38712,
      "momentum_yoy_pct": 19715640.60743083,
      "anomaly_z_score": 4.4613095756342345,
      "anomaly_type": "spike",
      "anomaly_severity": "100",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "India"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "KOR",
      "hs_code": "854232",
      "market_imports_usd": 20884389946.86077,
      "momentum_yoy_pct": 230.4017387699958,
      "anomaly_z_score": 2.786683998406455,
      "anomaly_type": "spike",
      "anomaly_severity": "69.66709996016137",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "KOR"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "MEX",
      "hs_code": "854231",
      "market_imports_usd": 18057208131.227108,
      "momentum_yoy_pct": 288.79650676443237,
      "anomaly_z_score": 3.7088273652922727,
      "anomaly_type": "spike",
      "anomaly_severity": "92.72068413230681",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "Mexico"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "NLD",
      "hs_code": "300215",
      "market_imports_usd": 13593259830.650225,
      "momentum_yoy_pct": 40893.10661426118,
      "anomaly_z_score": 3.161226150003182,
      "anomaly_type": "spike",
      "anomaly_severity": "79.03065375007955",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "NLD"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "NLD",
      "hs_code": "271012",
      "market_imports_usd": 13323005550.948277,
      "momentum_yoy_pct": 2120752.0408880147,
      "anomaly_z_score": 2.0787368555171635,
      "anomaly_type": "spike",
      "anomaly_severity": "51.968421387929084",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "NLD"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "CHN",
      "hs_code": "300215",
      "market_imports_usd": 10188855038.03266,
      "momentum_yoy_pct": 304.28639680854366,
      "anomaly_z_score": 2.623602034544031,
      "anomaly_type": "spike",
      "anomaly_severity": "65.59005086360078",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "CHN"
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "TWN",
      "hs_code": "847330",
      "market_imports_usd": 8258524027.468443,
      "momentum_yoy_pct": 157.25377885386683,
      "anomaly_z_score": 2.288710430071555,
      "anomaly_type": "spike",
      "anomaly_severity": "57.21776075178887",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "SGP",
      "importer_name": "Taiwan"
    }
  ],
  "links": {
    "html": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/sgp-hkg-847150/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": "2026-09-03T09:46:43.971Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}