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      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
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      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 59.60690231465375,
      "exporter_name": "Armenia",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
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  ],
  "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": "Germany",
        "imports": "$1.2B",
        "year": 2024,
        "annualChange": "+13.7%"
      },
      "exporterPosition": {
        "exporter": "Armenia",
        "routeExports": "$796.5",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "58/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$1.2B",
      "projectionThreeYears": "$1.6B",
      "supplierCount": "86",
      "averageImports": "$370.9M",
      "historicalPeak": "$1.2B",
      "fullHistoryGrowth": "+10.4%",
      "latestAnnualChange": "+13.7%"
    },
    "competition": {
      "topSupplier": {
        "country": "France",
        "iso3": "FRA",
        "share": "17.7%"
      },
      "marketConcentrationHhi": "858",
      "exporterShare": "0.0%",
      "shareGap": "17.7%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "3,126 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "8 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$50.8K",
      "gdpPerPersonGrowth": "+4.6%",
      "populationThousands": "83,129",
      "gdp": "$4.2T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.1%",
      "savingsRate": "27.7%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 796.4865450693503,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "export_value_usd": 23667986.706914768,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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          "year": 1996,
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          "yoy_growth_pct": -72.90456995632866,
          "cagr_3y_pct": null
        },
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          "year": 1997,
          "export_value_usd": 8670940.307334168,
          "yoy_growth_pct": 35.210005820347924,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 8204500.172203842,
          "yoy_growth_pct": -5.379348935614237,
          "cagr_3y_pct": -29.752597436867667
        },
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          "year": 1999,
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          "yoy_growth_pct": 3.4358171137144344,
          "cagr_3y_pct": 9.78809203227058
        },
        {
          "year": 2000,
          "export_value_usd": 20136713.065576818,
          "yoy_growth_pct": 137.28238757107664,
          "cagr_3y_pct": 32.42626445089398
        },
        {
          "year": 2001,
          "export_value_usd": 14450915.404585052,
          "yoy_growth_pct": -28.23597695649489,
          "cagr_3y_pct": 20.76685133488947
        },
        {
          "year": 2002,
          "export_value_usd": 26668459.660371497,
          "yoy_growth_pct": 84.54512336228892,
          "cagr_3y_pct": 46.4732387758368
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        {
          "year": 2003,
          "export_value_usd": 39374140.611209884,
          "yoy_growth_pct": 47.64310017394307,
          "cagr_3y_pct": 25.047256744628356
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        {
          "year": 2004,
          "export_value_usd": 79057037.4568311,
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          "export_value_usd": 172382206.9650709,
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          "year": 2013,
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        {
          "year": 2014,
          "export_value_usd": 148311971.35447985,
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          "year": 2015,
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          "cagr_3y_pct": 13.066715627669211
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        {
          "year": 2017,
          "export_value_usd": 132927600.21199839,
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          "cagr_3y_pct": -3.5846196305340805
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        {
          "year": 2018,
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          "cagr_3y_pct": 5.4050405928671275
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        {
          "year": 2019,
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          "yoy_growth_pct": -25.285914744360994,
          "cagr_3y_pct": -1.1997614849352911
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        {
          "year": 2020,
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          "cagr_3y_pct": -17.347812525055794
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        {
          "year": 2021,
          "export_value_usd": 108344409.28020614,
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          "cagr_3y_pct": -13.933947275750258
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          "cagr_3y_pct": 2.9276050882950377
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        {
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      ],
      "routeHistoryScope": "Broader Armenia to Germany route exports, not only HS 854460."
    },
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      {
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        "exporter_name": "Armenia",
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    ],
    "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": {
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