{
  "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/arg-lux-040690",
  "seo": {
    "title": "ARG to LUX new corridor | HS 040690 | Yugalinks",
    "description": "Reported new-corridor signal for ARG to LUX in dairy produce (HS 040690), with market demand, growth, share, competition, access, and evidence.",
    "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": "ARG-LUX-HS 040690",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/arg-lux-040690"
    }
  ],
  "exporter": {
    "iso3": "ARG",
    "country_name": "ARG"
  },
  "importer": {
    "iso3": "LUX",
    "country_name": "LUX"
  },
  "hsCode": "040690",
  "product": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "ARG",
    "importer_iso3": "LUX",
    "hs_code": "040690",
    "your_market_share_pct": 0.0003968733400512641,
    "your_share_change_pp": 0.0003968733400512641,
    "market_imports_usd": 278561289.77438515,
    "market_yoy_growth_pct": 6.041112284892214,
    "market_cagr_3y_pct": 6.8484,
    "top_supplier_iso3": "FRA",
    "top_supplier_share_pct": 78.01176918332726,
    "your_share_gap_pp": 78.01137230998721,
    "num_suppliers": 52,
    "market_hhi": 6172.4870255542555,
    "volatility_mean_usd": 1105.5354948174827,
    "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": 60.87930699077166
  },
  "market": {
    "exporter_iso3": "ARG",
    "importer_iso3": "LUX",
    "hs_code": "040690",
    "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
    "hs_chapter": "04",
    "hs_heading": "0406",
    "price_range_label": "Medium price range",
    "trade_type_label": "Two-way vertical trade",
    "substitution_elasticity": -4.8586106,
    "buyer_imports_latest_usd": 278561289.7743852,
    "buyer_imports_avg_usd": 177448366.57074016,
    "buyer_imports_peak_usd": 278561289.7743852,
    "buyer_cagr_full_pct": 9.7692,
    "buyer_yoy_avg_pct": 13.107,
    "buyer_yoy_latest_pct": 6.0411,
    "buyer_trend_consistency_pct": 76,
    "buyer_imports_proj_3y_usd": 368436091.69,
    "buyer_imports_proj_5y_usd": 443938797.64,
    "buyer_gdp_mn_latest": 86710.80333699999,
    "buyer_gdp_pc_latest": 135683,
    "buyer_population_latest": 639.07,
    "buyer_investment_rate": 21.99,
    "buyer_savings_rate": 54.05,
    "buyer_edu_secondary": 86.05,
    "buyer_gdp_mn_2030_proj": 97803.23,
    "buyer_gdp_pc_2030_proj": 145229.47,
    "buyer_gdp_pc_growth_pct": 7.04,
    "buyer_gdp_mn_growth_pct": 12.79,
    "buyer_pop_growth_pct": 5.38,
    "exports_latest_usd": 1105.5354948174827,
    "exports_avg_usd": 1105.5354948174827,
    "exports_peak_usd": 1105.5354948174827,
    "share_latest_pct": 0.00039687334005126417,
    "share_avg_pct": 0.00039687334005126417,
    "share_peak_pct": 0.00039687334005126417,
    "share_change_1y_pp": 0.00039687334005126417,
    "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": 78.0114,
    "addressable_proj_3y_usd": 287422051.21,
    "addressable_proj_5y_usd": 346322748.26,
    "peer_best_share_pct": 78.01176918332725,
    "peer_top_exporter": "FRA",
    "num_suppliers_latest": 52,
    "buyer_herfindahl_index": 6172.49,
    "distance_km": 11333.1162109375,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 16.5,
    "shared_legal_system": 1,
    "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": "ARG",
    "importer_iso3": "LUX",
    "hs_code": "040690"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 1105.5354948174827,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1999,
      "export_value_usd": 7834036.153669066,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "export_value_usd": 6573083.73709089,
      "yoy_growth_pct": -16.0958207473629,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "export_value_usd": 2166861.902120674,
      "yoy_growth_pct": -67.03431769941696,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "export_value_usd": 1268631.531568015,
      "yoy_growth_pct": -41.45305105385696,
      "cagr_3y_pct": -45.49328903692669
    },
    {
      "year": 2003,
      "export_value_usd": 825314.4306578042,
      "yoy_growth_pct": -34.94451224637902,
      "cagr_3y_pct": -49.92548426687888
    },
    {
      "year": 2004,
      "export_value_usd": 795331.0361014386,
      "yoy_growth_pct": -3.632966229909229,
      "cagr_3y_pct": -28.401229365405435
    },
    {
      "year": 2005,
      "export_value_usd": 923701.2198756216,
      "yoy_growth_pct": 16.140472073544277,
      "cagr_3y_pct": -10.036708104492876
    },
    {
      "year": 2006,
      "export_value_usd": 935887.8989277928,
      "yoy_growth_pct": 1.3193312718383199,
      "cagr_3y_pct": 4.280106093717895
    },
    {
      "year": 2007,
      "export_value_usd": 1450704.5753688007,
      "yoy_growth_pct": 55.008369809120474,
      "cagr_3y_pct": 22.18287786758726
    },
    {
      "year": 2008,
      "export_value_usd": 3615248.143602798,
      "yoy_growth_pct": 149.20636530588754,
      "cagr_3y_pct": 57.59249508066895
    },
    {
      "year": 2009,
      "export_value_usd": 2653997.696039851,
      "yoy_growth_pct": -26.588781997271347,
      "cagr_3y_pct": 41.544251623610485
    },
    {
      "year": 2010,
      "export_value_usd": 3227230.78853392,
      "yoy_growth_pct": 21.59885418700309,
      "cagr_3y_pct": 30.54202575186531
    },
    {
      "year": 2011,
      "export_value_usd": 7702025.40842689,
      "yoy_growth_pct": 138.657409807552,
      "cagr_3y_pct": 28.673449889576496
    },
    {
      "year": 2012,
      "export_value_usd": 8463346.662713366,
      "yoy_growth_pct": 9.884688947578702,
      "cagr_3y_pct": 47.19075383812772
    },
    {
      "year": 2013,
      "export_value_usd": 6510659.879609101,
      "yoy_growth_pct": -23.072276971793436,
      "cagr_3y_pct": 26.356715387989226
    },
    {
      "year": 2014,
      "export_value_usd": 12235928.210875303,
      "yoy_growth_pct": 87.93683646718074,
      "cagr_3y_pct": 16.683825139156138
    },
    {
      "year": 2015,
      "export_value_usd": 8211090.280015608,
      "yoy_growth_pct": -32.89360530313029,
      "cagr_3y_pct": -1.0035626412463805
    },
    {
      "year": 2016,
      "export_value_usd": 9489482.935161527,
      "yoy_growth_pct": 15.569097544296984,
      "cagr_3y_pct": 13.380712108149906
    },
    {
      "year": 2017,
      "export_value_usd": 10333684.301666174,
      "yoy_growth_pct": 8.896178772571627,
      "cagr_3y_pct": -5.476580781247931
    },
    {
      "year": 2018,
      "export_value_usd": 16980882.060658768,
      "yoy_growth_pct": 64.32553545225703,
      "cagr_3y_pct": 27.4050001847991
    },
    {
      "year": 2019,
      "export_value_usd": 305827774.6888432,
      "yoy_growth_pct": 1701.0123007531135,
      "cagr_3y_pct": 218.23269142986263
    },
    {
      "year": 2020,
      "export_value_usd": 11819693.674178302,
      "yoy_growth_pct": -96.13517978012169,
      "cagr_3y_pct": 4.580410913708044
    },
    {
      "year": 2021,
      "export_value_usd": 13010025.774299316,
      "yoy_growth_pct": 10.070752533303406,
      "cagr_3y_pct": -8.496163379847932
    },
    {
      "year": 2022,
      "export_value_usd": 12391138.611298982,
      "yoy_growth_pct": -4.757001821033402,
      "cagr_3y_pct": -65.65384726746683
    },
    {
      "year": 2023,
      "export_value_usd": 14758152.602904638,
      "yoy_growth_pct": 19.10247367782063,
      "cagr_3y_pct": 7.681705429857755
    },
    {
      "year": 2024,
      "export_value_usd": 14337322.128607284,
      "yoy_growth_pct": -2.8515118769982584,
      "cagr_3y_pct": 3.291193441059881
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "PAN",
      "hs_code": "270900",
      "your_market_share_pct": 0.42015200357347826,
      "your_share_change_pp": 0.42015200357347826,
      "market_imports_usd": 13149371709.882689,
      "market_yoy_growth_pct": 33.215499022211304,
      "market_cagr_3y_pct": 25.624211,
      "top_supplier_iso3": "ECU",
      "top_supplier_share_pct": 40.334747859646555,
      "your_share_gap_pp": 39.91459585607308,
      "num_suppliers": 9,
      "market_hhi": 2978.3515796444253,
      "volatility_mean_usd": 55247348.696396254,
      "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": "ARG",
      "importer_name": "PAN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "IND",
      "hs_code": "271112",
      "your_market_share_pct": 0.1575494081947516,
      "your_share_change_pp": 0.1575494081947516,
      "market_imports_usd": 5736266073.770362,
      "market_yoy_growth_pct": 3.9498789567413928,
      "market_cagr_3y_pct": -2.283568,
      "top_supplier_iso3": "ARE",
      "top_supplier_share_pct": 36.325254192119544,
      "your_share_gap_pp": 36.16770478392479,
      "num_suppliers": 20,
      "market_hhi": 2503.8908594342097,
      "volatility_mean_usd": 9037453.251701519,
      "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": "ARG",
      "importer_name": "India",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "IND",
      "hs_code": "271113",
      "your_market_share_pct": 0.07570175571182648,
      "your_share_change_pp": 0.07570175571182648,
      "market_imports_usd": 5354592947.981652,
      "market_yoy_growth_pct": 24.54583998340336,
      "market_cagr_3y_pct": -2.777991,
      "top_supplier_iso3": "QAT",
      "top_supplier_share_pct": 30.797751406742798,
      "your_share_gap_pp": 30.72204965103097,
      "num_suppliers": 19,
      "market_hhi": 2455.254564258803,
      "volatility_mean_usd": 4053520.8728437587,
      "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": "ARG",
      "importer_name": "India",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "RUS",
      "hs_code": "841191",
      "your_market_share_pct": 0.0007708910352707515,
      "your_share_change_pp": 0.0007708910352707515,
      "market_imports_usd": 2464966158.390471,
      "market_yoy_growth_pct": 2990.732681674535,
      "market_cagr_3y_pct": 157.220909,
      "top_supplier_iso3": "ARE",
      "top_supplier_share_pct": 96.1180162125247,
      "your_share_gap_pp": 96.11724532148942,
      "num_suppliers": 13,
      "market_hhi": 9251.36043472981,
      "volatility_mean_usd": 19002.203137489974,
      "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": 85.57653621662428,
      "exporter_name": "ARG",
      "importer_name": "Russian Federation",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "DEU",
      "hs_code": "870423",
      "your_market_share_pct": 0.004539640764488872,
      "your_share_change_pp": 0.004539640764488872,
      "market_imports_usd": 2381109212.205948,
      "market_yoy_growth_pct": 46.83850041336759,
      "market_cagr_3y_pct": 11.177058,
      "top_supplier_iso3": "AUT",
      "top_supplier_share_pct": 46.7331599900501,
      "your_share_gap_pp": 46.728620349285606,
      "num_suppliers": 43,
      "market_hhi": 2978.7167254307788,
      "volatility_mean_usd": 108093.80444430103,
      "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": "ARG",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "SAU",
      "hs_code": "711319",
      "your_market_share_pct": 0.0018170828676700027,
      "your_share_change_pp": 0.0018170828676700027,
      "market_imports_usd": 1755064208.3250542,
      "market_yoy_growth_pct": 14.601330317698169,
      "market_cagr_3y_pct": 1.885124,
      "top_supplier_iso3": "ARE",
      "top_supplier_share_pct": 48.953932670212915,
      "your_share_gap_pp": 48.95211558734525,
      "num_suppliers": 57,
      "market_hhi": 2685.048439772031,
      "volatility_mean_usd": 31890.971046082726,
      "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": 90.07362722272953,
      "exporter_name": "ARG",
      "importer_name": "Saudi Arabia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "KOR",
      "hs_code": "260700",
      "your_market_share_pct": 0.352521363731342,
      "your_share_change_pp": 0.352521363731342,
      "market_imports_usd": 1738979594.2245636,
      "market_yoy_growth_pct": 31.763469299033332,
      "market_cagr_3y_pct": -7.169973,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 41.32806332072722,
      "your_share_gap_pp": 40.975541956995876,
      "num_suppliers": 26,
      "market_hhi": 2267.9701910616322,
      "volatility_mean_usd": 6130274.580570189,
      "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": "ARG",
      "importer_name": "KOR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "JPN",
      "hs_code": "950450",
      "your_market_share_pct": 0.0006705749286104923,
      "your_share_change_pp": 0.0006705749286104923,
      "market_imports_usd": 1617934403.4857972,
      "market_yoy_growth_pct": -32.05302296696596,
      "market_cagr_3y_pct": -0.279194,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 85.42293607083955,
      "your_share_gap_pp": 85.42226549591095,
      "num_suppliers": 49,
      "market_hhi": 7449.740404051114,
      "volatility_mean_usd": 10849.462471139479,
      "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": 80.7089649837528,
      "exporter_name": "ARG",
      "importer_name": "Japan",
      "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": "LUX",
        "imports": "$278.6M",
        "year": 2024,
        "annualChange": "+6.0%"
      },
      "exporterPosition": {
        "exporter": "ARG",
        "routeExports": "$1.1K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "61/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$278.6M",
      "projectionThreeYears": "$368.4M",
      "supplierCount": "52",
      "averageImports": "$177.4M",
      "historicalPeak": "$278.6M",
      "fullHistoryGrowth": "+9.8%",
      "latestAnnualChange": "+6.0%"
    },
    "competition": {
      "topSupplier": {
        "country": "France",
        "iso3": "FRA",
        "share": "78.0%"
      },
      "marketConcentrationHhi": "6,172",
      "exporterShare": "0.0%",
      "shareGap": "78.0%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "11,333 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "16.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$135.7K",
      "gdpPerPersonGrowth": "+7.0%",
      "populationThousands": "639",
      "gdp": "$86.7B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.0%",
      "savingsRate": "54.0%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 1105.5354948174827,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1999,
          "export_value_usd": 7834036.153669066,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 2000,
          "export_value_usd": 6573083.73709089,
          "yoy_growth_pct": -16.0958207473629,
          "cagr_3y_pct": null
        },
        {
          "year": 2001,
          "export_value_usd": 2166861.902120674,
          "yoy_growth_pct": -67.03431769941696,
          "cagr_3y_pct": null
        },
        {
          "year": 2002,
          "export_value_usd": 1268631.531568015,
          "yoy_growth_pct": -41.45305105385696,
          "cagr_3y_pct": -45.49328903692669
        },
        {
          "year": 2003,
          "export_value_usd": 825314.4306578042,
          "yoy_growth_pct": -34.94451224637902,
          "cagr_3y_pct": -49.92548426687888
        },
        {
          "year": 2004,
          "export_value_usd": 795331.0361014386,
          "yoy_growth_pct": -3.632966229909229,
          "cagr_3y_pct": -28.401229365405435
        },
        {
          "year": 2005,
          "export_value_usd": 923701.2198756216,
          "yoy_growth_pct": 16.140472073544277,
          "cagr_3y_pct": -10.036708104492876
        },
        {
          "year": 2006,
          "export_value_usd": 935887.8989277928,
          "yoy_growth_pct": 1.3193312718383199,
          "cagr_3y_pct": 4.280106093717895
        },
        {
          "year": 2007,
          "export_value_usd": 1450704.5753688007,
          "yoy_growth_pct": 55.008369809120474,
          "cagr_3y_pct": 22.18287786758726
        },
        {
          "year": 2008,
          "export_value_usd": 3615248.143602798,
          "yoy_growth_pct": 149.20636530588754,
          "cagr_3y_pct": 57.59249508066895
        },
        {
          "year": 2009,
          "export_value_usd": 2653997.696039851,
          "yoy_growth_pct": -26.588781997271347,
          "cagr_3y_pct": 41.544251623610485
        },
        {
          "year": 2010,
          "export_value_usd": 3227230.78853392,
          "yoy_growth_pct": 21.59885418700309,
          "cagr_3y_pct": 30.54202575186531
        },
        {
          "year": 2011,
          "export_value_usd": 7702025.40842689,
          "yoy_growth_pct": 138.657409807552,
          "cagr_3y_pct": 28.673449889576496
        },
        {
          "year": 2012,
          "export_value_usd": 8463346.662713366,
          "yoy_growth_pct": 9.884688947578702,
          "cagr_3y_pct": 47.19075383812772
        },
        {
          "year": 2013,
          "export_value_usd": 6510659.879609101,
          "yoy_growth_pct": -23.072276971793436,
          "cagr_3y_pct": 26.356715387989226
        },
        {
          "year": 2014,
          "export_value_usd": 12235928.210875303,
          "yoy_growth_pct": 87.93683646718074,
          "cagr_3y_pct": 16.683825139156138
        },
        {
          "year": 2015,
          "export_value_usd": 8211090.280015608,
          "yoy_growth_pct": -32.89360530313029,
          "cagr_3y_pct": -1.0035626412463805
        },
        {
          "year": 2016,
          "export_value_usd": 9489482.935161527,
          "yoy_growth_pct": 15.569097544296984,
          "cagr_3y_pct": 13.380712108149906
        },
        {
          "year": 2017,
          "export_value_usd": 10333684.301666174,
          "yoy_growth_pct": 8.896178772571627,
          "cagr_3y_pct": -5.476580781247931
        },
        {
          "year": 2018,
          "export_value_usd": 16980882.060658768,
          "yoy_growth_pct": 64.32553545225703,
          "cagr_3y_pct": 27.4050001847991
        },
        {
          "year": 2019,
          "export_value_usd": 305827774.6888432,
          "yoy_growth_pct": 1701.0123007531135,
          "cagr_3y_pct": 218.23269142986263
        },
        {
          "year": 2020,
          "export_value_usd": 11819693.674178302,
          "yoy_growth_pct": -96.13517978012169,
          "cagr_3y_pct": 4.580410913708044
        },
        {
          "year": 2021,
          "export_value_usd": 13010025.774299316,
          "yoy_growth_pct": 10.070752533303406,
          "cagr_3y_pct": -8.496163379847932
        },
        {
          "year": 2022,
          "export_value_usd": 12391138.611298982,
          "yoy_growth_pct": -4.757001821033402,
          "cagr_3y_pct": -65.65384726746683
        },
        {
          "year": 2023,
          "export_value_usd": 14758152.602904638,
          "yoy_growth_pct": 19.10247367782063,
          "cagr_3y_pct": 7.681705429857755
        },
        {
          "year": 2024,
          "export_value_usd": 14337322.128607284,
          "yoy_growth_pct": -2.8515118769982584,
          "cagr_3y_pct": 3.291193441059881
        }
      ],
      "routeHistoryScope": "Broader ARG to LUX route exports, not only HS 040690."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "PAN",
        "hs_code": "270900",
        "your_market_share_pct": 0.42015200357347826,
        "your_share_change_pp": 0.42015200357347826,
        "market_imports_usd": 13149371709.882689,
        "market_yoy_growth_pct": 33.215499022211304,
        "market_cagr_3y_pct": 25.624211,
        "top_supplier_iso3": "ECU",
        "top_supplier_share_pct": 40.334747859646555,
        "your_share_gap_pp": 39.91459585607308,
        "num_suppliers": 9,
        "market_hhi": 2978.3515796444253,
        "volatility_mean_usd": 55247348.696396254,
        "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": "ARG",
        "importer_name": "PAN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-pan-270900"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "IND",
        "hs_code": "271112",
        "your_market_share_pct": 0.1575494081947516,
        "your_share_change_pp": 0.1575494081947516,
        "market_imports_usd": 5736266073.770362,
        "market_yoy_growth_pct": 3.9498789567413928,
        "market_cagr_3y_pct": -2.283568,
        "top_supplier_iso3": "ARE",
        "top_supplier_share_pct": 36.325254192119544,
        "your_share_gap_pp": 36.16770478392479,
        "num_suppliers": 20,
        "market_hhi": 2503.8908594342097,
        "volatility_mean_usd": 9037453.251701519,
        "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": "ARG",
        "importer_name": "India",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-ind-271112"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "IND",
        "hs_code": "271113",
        "your_market_share_pct": 0.07570175571182648,
        "your_share_change_pp": 0.07570175571182648,
        "market_imports_usd": 5354592947.981652,
        "market_yoy_growth_pct": 24.54583998340336,
        "market_cagr_3y_pct": -2.777991,
        "top_supplier_iso3": "QAT",
        "top_supplier_share_pct": 30.797751406742798,
        "your_share_gap_pp": 30.72204965103097,
        "num_suppliers": 19,
        "market_hhi": 2455.254564258803,
        "volatility_mean_usd": 4053520.8728437587,
        "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": "ARG",
        "importer_name": "India",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-ind-271113"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "RUS",
        "hs_code": "841191",
        "your_market_share_pct": 0.0007708910352707515,
        "your_share_change_pp": 0.0007708910352707515,
        "market_imports_usd": 2464966158.390471,
        "market_yoy_growth_pct": 2990.732681674535,
        "market_cagr_3y_pct": 157.220909,
        "top_supplier_iso3": "ARE",
        "top_supplier_share_pct": 96.1180162125247,
        "your_share_gap_pp": 96.11724532148942,
        "num_suppliers": 13,
        "market_hhi": 9251.36043472981,
        "volatility_mean_usd": 19002.203137489974,
        "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": 85.57653621662428,
        "exporter_name": "ARG",
        "importer_name": "Russian Federation",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-rus-841191"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "DEU",
        "hs_code": "870423",
        "your_market_share_pct": 0.004539640764488872,
        "your_share_change_pp": 0.004539640764488872,
        "market_imports_usd": 2381109212.205948,
        "market_yoy_growth_pct": 46.83850041336759,
        "market_cagr_3y_pct": 11.177058,
        "top_supplier_iso3": "AUT",
        "top_supplier_share_pct": 46.7331599900501,
        "your_share_gap_pp": 46.728620349285606,
        "num_suppliers": 43,
        "market_hhi": 2978.7167254307788,
        "volatility_mean_usd": 108093.80444430103,
        "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": "ARG",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-deu-870423"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "SAU",
        "hs_code": "711319",
        "your_market_share_pct": 0.0018170828676700027,
        "your_share_change_pp": 0.0018170828676700027,
        "market_imports_usd": 1755064208.3250542,
        "market_yoy_growth_pct": 14.601330317698169,
        "market_cagr_3y_pct": 1.885124,
        "top_supplier_iso3": "ARE",
        "top_supplier_share_pct": 48.953932670212915,
        "your_share_gap_pp": 48.95211558734525,
        "num_suppliers": 57,
        "market_hhi": 2685.048439772031,
        "volatility_mean_usd": 31890.971046082726,
        "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": 90.07362722272953,
        "exporter_name": "ARG",
        "importer_name": "Saudi Arabia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-sau-711319"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "KOR",
        "hs_code": "260700",
        "your_market_share_pct": 0.352521363731342,
        "your_share_change_pp": 0.352521363731342,
        "market_imports_usd": 1738979594.2245636,
        "market_yoy_growth_pct": 31.763469299033332,
        "market_cagr_3y_pct": -7.169973,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 41.32806332072722,
        "your_share_gap_pp": 40.975541956995876,
        "num_suppliers": 26,
        "market_hhi": 2267.9701910616322,
        "volatility_mean_usd": 6130274.580570189,
        "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": "ARG",
        "importer_name": "KOR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-kor-260700"
      },
      {
        "year": 2024,
        "exporter_iso3": "ARG",
        "importer_iso3": "JPN",
        "hs_code": "950450",
        "your_market_share_pct": 0.0006705749286104923,
        "your_share_change_pp": 0.0006705749286104923,
        "market_imports_usd": 1617934403.4857972,
        "market_yoy_growth_pct": -32.05302296696596,
        "market_cagr_3y_pct": -0.279194,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 85.42293607083955,
        "your_share_gap_pp": 85.42226549591095,
        "num_suppliers": 49,
        "market_hhi": 7449.740404051114,
        "volatility_mean_usd": 10849.462471139479,
        "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": 80.7089649837528,
        "exporter_name": "ARG",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arg-jpn-950450"
      }
    ],
    "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/040690",
    "workspace": "https://www.yugalinks.com/app?hs=040690",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/arg-lux-040690/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/arg-lux-040690/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/arg-lux-040690/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": "2026-09-02T11:35:29.952Z"
}