{
  "template": "new-corridor-signal",
  "templateName": "New Corridor Signal",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531",
  "seo": {
    "title": "Andorra to USA, Puerto Rico and US Virgin Islands new corridor | HS 190531 | Yugalinks",
    "description": "Reported new-corridor signal for Andorra to USA, Puerto Rico and US Virgin Islands in food preparations (HS 190531), with market demand, growth, share,...",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/"
    },
    {
      "name": "New corridor signals",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/"
    },
    {
      "name": "AND-USA-HS 190531",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531"
    }
  ],
  "exporter": {
    "iso3": "AND",
    "country_name": "Andorra"
  },
  "importer": {
    "iso3": "USA",
    "country_name": "USA, Puerto Rico and US Virgin Islands"
  },
  "hsCode": "190531",
  "product": "Food preparations: sweet biscuits, whether or not containing cocoa",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "AND",
    "importer_iso3": "USA",
    "hs_code": "190531",
    "your_market_share_pct": 0.00008795043509004004,
    "your_share_change_pp": 0.00008795043509004004,
    "market_imports_usd": 2420753103.1473627,
    "market_yoy_growth_pct": 8.07262892644629,
    "market_cagr_3y_pct": 12.634551,
    "top_supplier_iso3": "MEX",
    "top_supplier_share_pct": 50.138489786178155,
    "your_share_gap_pp": 50.13840183574307,
    "num_suppliers": 113,
    "market_hhi": 3060.040015417265,
    "volatility_mean_usd": 2129.062886673751,
    "volatility_stddev_usd": 0,
    "volatility_cv": 0,
    "max_drawdown_pct": 0,
    "momentum_yoy_pct": null,
    "momentum_acceleration_pct": null,
    "anomaly_type": "",
    "anomaly_severity": "0",
    "anomaly_z_score": 0,
    "new_corridor_signal_type": "new",
    "new_corridor_signal_strength": 66.56784850945297
  },
  "market": {
    "exporter_iso3": "AND",
    "importer_iso3": "USA",
    "hs_code": "190531",
    "hs_description": "Food preparations: sweet biscuits, whether or not containing cocoa",
    "hs_chapter": "19",
    "hs_heading": "1905",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": -9.6219912,
    "buyer_imports_latest_usd": 2420753103.1473618,
    "buyer_imports_avg_usd": 908273644.5122421,
    "buyer_imports_peak_usd": 2420753103.1473618,
    "buyer_cagr_full_pct": 10.4164,
    "buyer_yoy_avg_pct": 10.9725,
    "buyer_yoy_latest_pct": 8.0726,
    "buyer_trend_consistency_pct": 96.5517,
    "buyer_imports_proj_3y_usd": 3258754847.41,
    "buyer_imports_proj_5y_usd": 3973005370.9,
    "buyer_gdp_mn_latest": 22996100,
    "buyer_gdp_pc_latest": 69288,
    "buyer_population_latest": 331893.738,
    "buyer_investment_rate": 21.94,
    "buyer_savings_rate": 17.5,
    "buyer_edu_secondary": 98.29,
    "buyer_gdp_mn_2030_proj": 25548808.87,
    "buyer_gdp_pc_2030_proj": 74535.71,
    "buyer_gdp_pc_growth_pct": 7.57,
    "buyer_gdp_mn_growth_pct": 11.1,
    "buyer_pop_growth_pct": 3.28,
    "exports_latest_usd": 2129.062886673751,
    "exports_avg_usd": 2129.062886673751,
    "exports_peak_usd": 2129.062886673751,
    "share_latest_pct": 0.00008795043509004002,
    "share_avg_pct": 0.00008795043509004002,
    "share_peak_pct": 0.00008795043509004002,
    "share_change_1y_pp": 0.00008795043509004002,
    "share_trend_pp_per_yr": null,
    "cagr_full_pct": null,
    "yoy_avg_pct": null,
    "yoy_latest_pct": null,
    "trend_consistency_pct": null,
    "exports_proj_3y_usd": null,
    "exports_proj_5y_usd": null,
    "your_share_gap_pp": 50.1384,
    "addressable_proj_3y_usd": 1633887600.24,
    "addressable_proj_5y_usd": 1992001397.82,
    "peer_best_share_pct": 50.138489786178155,
    "peer_top_exporter": "MEX",
    "num_suppliers_latest": 113,
    "buyer_herfindahl_index": 3060.04,
    "distance_km": 6064.69921875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.3039628863334656,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 4.2,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0,
    "lane_max_drawdown_pct": 0,
    "signal_flag": "Declining",
    "lane_data_years": 1,
    "lane_last_year": 2024
  },
  "access": {
    "lane_access_data_available": false,
    "exporter_iso3": "AND",
    "importer_iso3": "USA",
    "hs_code": "190531"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 2129.062886673751,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 170914.41350399234,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 2449078.7742121643,
      "yoy_growth_pct": 1332.9269977894269,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 250052.75926577125,
      "yoy_growth_pct": -89.78992583257312,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 138756.34384082985,
      "yoy_growth_pct": -44.509173084808396,
      "cagr_3y_pct": -6.712228279073829
    },
    {
      "year": 1999,
      "export_value_usd": 184019.13296491772,
      "yoy_growth_pct": 32.620338552599584,
      "cagr_3y_pct": -57.80249805010893
    },
    {
      "year": 2000,
      "export_value_usd": 335516.9893497197,
      "yoy_growth_pct": 82.32723083946074,
      "cagr_3y_pct": 10.296302826249715
    },
    {
      "year": 2001,
      "export_value_usd": 231137.31599105799,
      "yoy_growth_pct": -31.110100731699042,
      "cagr_3y_pct": 18.542042515520784
    },
    {
      "year": 2002,
      "export_value_usd": 698499.7005352731,
      "yoy_growth_pct": 202.201181812761,
      "cagr_3y_pct": 55.99155285361972
    },
    {
      "year": 2003,
      "export_value_usd": 320685.0881561599,
      "yoy_growth_pct": -54.089445147877214,
      "cagr_3y_pct": -1.4957996332502832
    },
    {
      "year": 2004,
      "export_value_usd": 888971.878863899,
      "yoy_growth_pct": 177.21023262266806,
      "cagr_3y_pct": 56.677266418994954
    },
    {
      "year": 2005,
      "export_value_usd": 603660.8067673934,
      "yoy_growth_pct": -32.09449914896426,
      "cagr_3y_pct": -4.747674983785921
    },
    {
      "year": 2006,
      "export_value_usd": 1947722.7291109485,
      "yoy_growth_pct": 222.6518447571598,
      "cagr_3y_pct": 82.45234750092953
    },
    {
      "year": 2007,
      "export_value_usd": 310203.2650598719,
      "yoy_growth_pct": -84.07354083702323,
      "cagr_3y_pct": -29.59781892422444
    },
    {
      "year": 2008,
      "export_value_usd": 711085.8220131724,
      "yoy_growth_pct": 129.23221709994795,
      "cagr_3y_pct": 5.611127684369732
    },
    {
      "year": 2009,
      "export_value_usd": 444202.12973280746,
      "yoy_growth_pct": -37.531853964516415,
      "cagr_3y_pct": -38.903288567471584
    },
    {
      "year": 2010,
      "export_value_usd": 403529.5655950352,
      "yoy_growth_pct": -9.1563190303111,
      "cagr_3y_pct": 9.163218519875427
    },
    {
      "year": 2011,
      "export_value_usd": 555998.2997788027,
      "yoy_growth_pct": 37.78378269729521,
      "cagr_3y_pct": -7.87366067257127
    },
    {
      "year": 2012,
      "export_value_usd": 398898.0682305571,
      "yoy_growth_pct": -28.25552373285063,
      "cagr_3y_pct": -3.5222650278919354
    },
    {
      "year": 2013,
      "export_value_usd": 1275168.3508046556,
      "yoy_growth_pct": 219.67273154795714,
      "cagr_3y_pct": 46.74525088910211
    },
    {
      "year": 2014,
      "export_value_usd": 1103808.859922972,
      "yoy_growth_pct": -13.4381856931716,
      "cagr_3y_pct": 25.682112176889206
    },
    {
      "year": 2015,
      "export_value_usd": 4349294.787027429,
      "yoy_growth_pct": 294.02608050554505,
      "cagr_3y_pct": 121.7442176671153
    },
    {
      "year": 2016,
      "export_value_usd": 5934107.663515036,
      "yoy_growth_pct": 36.43838723497434,
      "cagr_3y_pct": 66.9536681686595
    },
    {
      "year": 2017,
      "export_value_usd": 13405194.656615319,
      "yoy_growth_pct": 125.90076582255377,
      "cagr_3y_pct": 129.8580667462299
    },
    {
      "year": 2018,
      "export_value_usd": 15768980.596256422,
      "yoy_growth_pct": 17.633357815319762,
      "cagr_3y_pct": 53.62489231893577
    },
    {
      "year": 2019,
      "export_value_usd": 11740278.374338686,
      "yoy_growth_pct": -25.548273062585636,
      "cagr_3y_pct": 25.53774531458437
    },
    {
      "year": 2020,
      "export_value_usd": 5204425.132988229,
      "yoy_growth_pct": -55.67034301023218,
      "cagr_3y_pct": -27.04867008270385
    },
    {
      "year": 2021,
      "export_value_usd": 7895237.961339667,
      "yoy_growth_pct": 51.702402467003154,
      "cagr_3y_pct": -20.593899614522503
    },
    {
      "year": 2022,
      "export_value_usd": 9522451.33760794,
      "yoy_growth_pct": 20.610061206972997,
      "cagr_3y_pct": -6.7411356762016705
    },
    {
      "year": 2023,
      "export_value_usd": 55650798.73496658,
      "yoy_growth_pct": 484.41673012472626,
      "cagr_3y_pct": 120.30932448083944
    },
    {
      "year": 2024,
      "export_value_usd": 2984661.998167233,
      "yoy_growth_pct": -94.63680294620478,
      "cagr_3y_pct": -27.693615882650235
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "HKG",
      "hs_code": "854231",
      "your_market_share_pct": 0.000047043585836887095,
      "your_share_change_pp": 0.000047043585836887095,
      "market_imports_usd": 33072180220.258442,
      "market_yoy_growth_pct": 10.828163184690354,
      "market_cagr_3y_pct": 10.284341,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 48.601843929703854,
      "your_share_gap_pp": 48.60179688611802,
      "num_suppliers": 79,
      "market_hhi": 3444.62713771344,
      "volatility_mean_usd": 15558.339490047276,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 83.83982313595736,
      "exporter_name": "Andorra",
      "importer_name": "China, Hong Kong SAR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "ARE",
      "hs_code": "841191",
      "your_market_share_pct": 0.017804821844384488,
      "your_share_change_pp": 0.017804821844384488,
      "market_imports_usd": 12304237477.479105,
      "market_yoy_growth_pct": 529.494855139982,
      "market_cagr_3y_pct": 113.0038,
      "top_supplier_iso3": "BHR",
      "top_supplier_share_pct": 36.99041824085648,
      "your_share_gap_pp": 36.97261341901209,
      "num_suppliers": 71,
      "market_hhi": 1975.6955273468484,
      "volatility_mean_usd": 2190747.5621751426,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 100,
      "exporter_name": "Andorra",
      "importer_name": "ARE",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "CAN",
      "hs_code": "851712",
      "your_market_share_pct": 0.00005595536785608911,
      "your_share_change_pp": 0.00005595536785608911,
      "market_imports_usd": 6245560943.308796,
      "market_yoy_growth_pct": 6.432295136688726,
      "market_cagr_3y_pct": 6.317302,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 68.07327305587238,
      "your_share_gap_pp": 68.07321710050452,
      "num_suppliers": 85,
      "market_hhi": 4953.530490976818,
      "volatility_mean_usd": 3494.7266005046663,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 70.87074918556766,
      "exporter_name": "Andorra",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "CAN",
      "hs_code": "271019",
      "your_market_share_pct": 5.980529462177509e-7,
      "your_share_change_pp": 5.980529462177509e-7,
      "market_imports_usd": 5655694800.069542,
      "market_yoy_growth_pct": -19.475370630129028,
      "market_cagr_3y_pct": 13.419617,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 80.07197842108688,
      "your_share_gap_pp": 80.07197782303393,
      "num_suppliers": 99,
      "market_hhi": 6453.674030108212,
      "volatility_mean_usd": 33.824049380900036,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 30.83758539968635,
      "exporter_name": "Andorra",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "HKG",
      "hs_code": "970110",
      "your_market_share_pct": 0.0031140656858907757,
      "your_share_change_pp": 0.0031140656858907757,
      "market_imports_usd": 3026728593.879903,
      "market_yoy_growth_pct": -13.116790595440076,
      "market_cagr_3y_pct": 1.764638,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 42.35573527077579,
      "your_share_gap_pp": 42.352621205089896,
      "num_suppliers": 62,
      "market_hhi": 2340.221899897152,
      "volatility_mean_usd": 94254.31654705844,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 99.48611712597676,
      "exporter_name": "Andorra",
      "importer_name": "China, Hong Kong SAR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "THA",
      "hs_code": "852329",
      "your_market_share_pct": 0.000050798488037186656,
      "your_share_change_pp": 0.000050798488037186656,
      "market_imports_usd": 2190695726.087568,
      "market_yoy_growth_pct": 29.511239052082505,
      "market_cagr_3y_pct": -7.375841,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 43.56628267265979,
      "your_share_gap_pp": 43.56623187417175,
      "num_suppliers": 48,
      "market_hhi": 3313.9234564091234,
      "volatility_mean_usd": 1112.8403063477524,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 60.93645859155763,
      "exporter_name": "Andorra",
      "importer_name": "Thailand",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "CHN",
      "hs_code": "870899",
      "your_market_share_pct": 0.000020692229056682355,
      "your_share_change_pp": 0.000020692229056682355,
      "market_imports_usd": 2174463843.2755265,
      "market_yoy_growth_pct": -13.376342595259638,
      "market_cagr_3y_pct": -14.499386,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 34.980586187150834,
      "your_share_gap_pp": 34.98056549492178,
      "num_suppliers": 107,
      "market_hhi": 1619.4479458990486,
      "volatility_mean_usd": 449.94503920531037,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 53.082472273285475,
      "exporter_name": "Andorra",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "AND",
      "importer_iso3": "USA",
      "hs_code": "851769",
      "your_market_share_pct": 0.00002608911842419807,
      "your_share_change_pp": 0.00002608911842419807,
      "market_imports_usd": 1930163873.247064,
      "market_yoy_growth_pct": -11.933710072761162,
      "market_cagr_3y_pct": 10.884881,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 35.76200944045744,
      "your_share_gap_pp": 35.76198335133902,
      "num_suppliers": 113,
      "market_hhi": 1784.297346826727,
      "volatility_mean_usd": 503.5627386725149,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 54.05830350522346,
      "exporter_name": "Andorra",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    }
  ],
  "sections": {
    "overview": {
      "title": "What does this new corridor signal mean?",
      "summary": "The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access.",
      "reportedMarket": {
        "buyerMarket": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$2.4B",
        "year": 2024,
        "annualChange": "+8.1%"
      },
      "exporterPosition": {
        "exporter": "Andorra",
        "routeExports": "$2.1K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "67/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$2.4B",
      "projectionThreeYears": "$3.3B",
      "supplierCount": "113",
      "averageImports": "$908.3M",
      "historicalPeak": "$2.4B",
      "fullHistoryGrowth": "+10.4%",
      "latestAnnualChange": "+8.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "Mexico",
        "iso3": "MEX",
        "share": "50.1%"
      },
      "marketConcentrationHhi": "3,060",
      "exporterShare": "0.0%",
      "shareGap": "50.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "6,065 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "4.2 days",
      "sharedSpokenLanguageScore": "0.3"
    },
    "economy": {
      "gdpPerPerson": "$69.3K",
      "gdpPerPersonGrowth": "+7.6%",
      "populationThousands": "331,894",
      "gdp": "$23.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "21.9%",
      "savingsRate": "17.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 2129.062886673751,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 170914.41350399234,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 2449078.7742121643,
          "yoy_growth_pct": 1332.9269977894269,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 250052.75926577125,
          "yoy_growth_pct": -89.78992583257312,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 138756.34384082985,
          "yoy_growth_pct": -44.509173084808396,
          "cagr_3y_pct": -6.712228279073829
        },
        {
          "year": 1999,
          "export_value_usd": 184019.13296491772,
          "yoy_growth_pct": 32.620338552599584,
          "cagr_3y_pct": -57.80249805010893
        },
        {
          "year": 2000,
          "export_value_usd": 335516.9893497197,
          "yoy_growth_pct": 82.32723083946074,
          "cagr_3y_pct": 10.296302826249715
        },
        {
          "year": 2001,
          "export_value_usd": 231137.31599105799,
          "yoy_growth_pct": -31.110100731699042,
          "cagr_3y_pct": 18.542042515520784
        },
        {
          "year": 2002,
          "export_value_usd": 698499.7005352731,
          "yoy_growth_pct": 202.201181812761,
          "cagr_3y_pct": 55.99155285361972
        },
        {
          "year": 2003,
          "export_value_usd": 320685.0881561599,
          "yoy_growth_pct": -54.089445147877214,
          "cagr_3y_pct": -1.4957996332502832
        },
        {
          "year": 2004,
          "export_value_usd": 888971.878863899,
          "yoy_growth_pct": 177.21023262266806,
          "cagr_3y_pct": 56.677266418994954
        },
        {
          "year": 2005,
          "export_value_usd": 603660.8067673934,
          "yoy_growth_pct": -32.09449914896426,
          "cagr_3y_pct": -4.747674983785921
        },
        {
          "year": 2006,
          "export_value_usd": 1947722.7291109485,
          "yoy_growth_pct": 222.6518447571598,
          "cagr_3y_pct": 82.45234750092953
        },
        {
          "year": 2007,
          "export_value_usd": 310203.2650598719,
          "yoy_growth_pct": -84.07354083702323,
          "cagr_3y_pct": -29.59781892422444
        },
        {
          "year": 2008,
          "export_value_usd": 711085.8220131724,
          "yoy_growth_pct": 129.23221709994795,
          "cagr_3y_pct": 5.611127684369732
        },
        {
          "year": 2009,
          "export_value_usd": 444202.12973280746,
          "yoy_growth_pct": -37.531853964516415,
          "cagr_3y_pct": -38.903288567471584
        },
        {
          "year": 2010,
          "export_value_usd": 403529.5655950352,
          "yoy_growth_pct": -9.1563190303111,
          "cagr_3y_pct": 9.163218519875427
        },
        {
          "year": 2011,
          "export_value_usd": 555998.2997788027,
          "yoy_growth_pct": 37.78378269729521,
          "cagr_3y_pct": -7.87366067257127
        },
        {
          "year": 2012,
          "export_value_usd": 398898.0682305571,
          "yoy_growth_pct": -28.25552373285063,
          "cagr_3y_pct": -3.5222650278919354
        },
        {
          "year": 2013,
          "export_value_usd": 1275168.3508046556,
          "yoy_growth_pct": 219.67273154795714,
          "cagr_3y_pct": 46.74525088910211
        },
        {
          "year": 2014,
          "export_value_usd": 1103808.859922972,
          "yoy_growth_pct": -13.4381856931716,
          "cagr_3y_pct": 25.682112176889206
        },
        {
          "year": 2015,
          "export_value_usd": 4349294.787027429,
          "yoy_growth_pct": 294.02608050554505,
          "cagr_3y_pct": 121.7442176671153
        },
        {
          "year": 2016,
          "export_value_usd": 5934107.663515036,
          "yoy_growth_pct": 36.43838723497434,
          "cagr_3y_pct": 66.9536681686595
        },
        {
          "year": 2017,
          "export_value_usd": 13405194.656615319,
          "yoy_growth_pct": 125.90076582255377,
          "cagr_3y_pct": 129.8580667462299
        },
        {
          "year": 2018,
          "export_value_usd": 15768980.596256422,
          "yoy_growth_pct": 17.633357815319762,
          "cagr_3y_pct": 53.62489231893577
        },
        {
          "year": 2019,
          "export_value_usd": 11740278.374338686,
          "yoy_growth_pct": -25.548273062585636,
          "cagr_3y_pct": 25.53774531458437
        },
        {
          "year": 2020,
          "export_value_usd": 5204425.132988229,
          "yoy_growth_pct": -55.67034301023218,
          "cagr_3y_pct": -27.04867008270385
        },
        {
          "year": 2021,
          "export_value_usd": 7895237.961339667,
          "yoy_growth_pct": 51.702402467003154,
          "cagr_3y_pct": -20.593899614522503
        },
        {
          "year": 2022,
          "export_value_usd": 9522451.33760794,
          "yoy_growth_pct": 20.610061206972997,
          "cagr_3y_pct": -6.7411356762016705
        },
        {
          "year": 2023,
          "export_value_usd": 55650798.73496658,
          "yoy_growth_pct": 484.41673012472626,
          "cagr_3y_pct": 120.30932448083944
        },
        {
          "year": 2024,
          "export_value_usd": 2984661.998167233,
          "yoy_growth_pct": -94.63680294620478,
          "cagr_3y_pct": -27.693615882650235
        }
      ],
      "routeHistoryScope": "Broader Andorra to USA, Puerto Rico and US Virgin Islands route exports, not only HS 190531."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "HKG",
        "hs_code": "854231",
        "your_market_share_pct": 0.000047043585836887095,
        "your_share_change_pp": 0.000047043585836887095,
        "market_imports_usd": 33072180220.258442,
        "market_yoy_growth_pct": 10.828163184690354,
        "market_cagr_3y_pct": 10.284341,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 48.601843929703854,
        "your_share_gap_pp": 48.60179688611802,
        "num_suppliers": 79,
        "market_hhi": 3444.62713771344,
        "volatility_mean_usd": 15558.339490047276,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 83.83982313595736,
        "exporter_name": "Andorra",
        "importer_name": "China, Hong Kong SAR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-hkg-854231"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "ARE",
        "hs_code": "841191",
        "your_market_share_pct": 0.017804821844384488,
        "your_share_change_pp": 0.017804821844384488,
        "market_imports_usd": 12304237477.479105,
        "market_yoy_growth_pct": 529.494855139982,
        "market_cagr_3y_pct": 113.0038,
        "top_supplier_iso3": "BHR",
        "top_supplier_share_pct": 36.99041824085648,
        "your_share_gap_pp": 36.97261341901209,
        "num_suppliers": 71,
        "market_hhi": 1975.6955273468484,
        "volatility_mean_usd": 2190747.5621751426,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 100,
        "exporter_name": "Andorra",
        "importer_name": "ARE",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-are-841191"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "CAN",
        "hs_code": "851712",
        "your_market_share_pct": 0.00005595536785608911,
        "your_share_change_pp": 0.00005595536785608911,
        "market_imports_usd": 6245560943.308796,
        "market_yoy_growth_pct": 6.432295136688726,
        "market_cagr_3y_pct": 6.317302,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 68.07327305587238,
        "your_share_gap_pp": 68.07321710050452,
        "num_suppliers": 85,
        "market_hhi": 4953.530490976818,
        "volatility_mean_usd": 3494.7266005046663,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 70.87074918556766,
        "exporter_name": "Andorra",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-can-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "CAN",
        "hs_code": "271019",
        "your_market_share_pct": 5.980529462177509e-7,
        "your_share_change_pp": 5.980529462177509e-7,
        "market_imports_usd": 5655694800.069542,
        "market_yoy_growth_pct": -19.475370630129028,
        "market_cagr_3y_pct": 13.419617,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 80.07197842108688,
        "your_share_gap_pp": 80.07197782303393,
        "num_suppliers": 99,
        "market_hhi": 6453.674030108212,
        "volatility_mean_usd": 33.824049380900036,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 30.83758539968635,
        "exporter_name": "Andorra",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-can-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "HKG",
        "hs_code": "970110",
        "your_market_share_pct": 0.0031140656858907757,
        "your_share_change_pp": 0.0031140656858907757,
        "market_imports_usd": 3026728593.879903,
        "market_yoy_growth_pct": -13.116790595440076,
        "market_cagr_3y_pct": 1.764638,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 42.35573527077579,
        "your_share_gap_pp": 42.352621205089896,
        "num_suppliers": 62,
        "market_hhi": 2340.221899897152,
        "volatility_mean_usd": 94254.31654705844,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 99.48611712597676,
        "exporter_name": "Andorra",
        "importer_name": "China, Hong Kong SAR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-hkg-970110"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "THA",
        "hs_code": "852329",
        "your_market_share_pct": 0.000050798488037186656,
        "your_share_change_pp": 0.000050798488037186656,
        "market_imports_usd": 2190695726.087568,
        "market_yoy_growth_pct": 29.511239052082505,
        "market_cagr_3y_pct": -7.375841,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 43.56628267265979,
        "your_share_gap_pp": 43.56623187417175,
        "num_suppliers": 48,
        "market_hhi": 3313.9234564091234,
        "volatility_mean_usd": 1112.8403063477524,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 60.93645859155763,
        "exporter_name": "Andorra",
        "importer_name": "Thailand",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-tha-852329"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "CHN",
        "hs_code": "870899",
        "your_market_share_pct": 0.000020692229056682355,
        "your_share_change_pp": 0.000020692229056682355,
        "market_imports_usd": 2174463843.2755265,
        "market_yoy_growth_pct": -13.376342595259638,
        "market_cagr_3y_pct": -14.499386,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 34.980586187150834,
        "your_share_gap_pp": 34.98056549492178,
        "num_suppliers": 107,
        "market_hhi": 1619.4479458990486,
        "volatility_mean_usd": 449.94503920531037,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 53.082472273285475,
        "exporter_name": "Andorra",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-chn-870899"
      },
      {
        "year": 2024,
        "exporter_iso3": "AND",
        "importer_iso3": "USA",
        "hs_code": "851769",
        "your_market_share_pct": 0.00002608911842419807,
        "your_share_change_pp": 0.00002608911842419807,
        "market_imports_usd": 1930163873.247064,
        "market_yoy_growth_pct": -11.933710072761162,
        "market_cagr_3y_pct": 10.884881,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 35.76200944045744,
        "your_share_gap_pp": 35.76198335133902,
        "num_suppliers": 113,
        "market_hhi": 1784.297346826727,
        "volatility_mean_usd": 503.5627386725149,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 54.05830350522346,
        "exporter_name": "Andorra",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-851769"
      }
    ],
    "faq": [
      {
        "question": "What does a new corridor signal mean?",
        "answer": "It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales."
      },
      {
        "question": "Is the market opportunity reported trade?",
        "answer": "Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast."
      },
      {
        "question": "What should exporters check next?",
        "answer": "Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route."
      }
    ],
    "dataSources": {
      "publisher": "OECD",
      "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
      "year": 2025,
      "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)",
      "sourceUrl": "https://data-explorer.oecd.org/",
      "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
      "termsUrl": "https://www.oecd.org/termsandconditions/",
      "terms": "OECD Terms & Conditions",
      "accessed": "2026-09-02",
      "supportingSources": [
        {
          "publisher": "CEPII",
          "dataset": "BACI bilateral trade flows",
          "release": "202601",
          "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
          "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
          "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
          "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
          "license": "Etalab 2.0 Open Licence",
          "accessed": "2026-09-02"
        }
      ]
    }
  },
  "links": {
    "home": "https://www.yugalinks.com/",
    "trade": "https://www.yugalinks.com/trade/signal/new-corridor/",
    "product": "https://www.yugalinks.com/trade/product/190531",
    "workspace": "https://www.yugalinks.com/app?hs=190531",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531/index.ld.json"
  },
  "methodology": {
    "summary": "Reported trade observations and calculated signal indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-09-02",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-09-02"
      }
    ]
  },
  "generatedAt": "2026-09-02T11:35:20.377Z"
}