{ "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/arm-idn-851712", "seo": { "title": "Armenia to Indonesia + Timor-Leste new corridor | HS 851712 | Yugalinks", "description": "Reported new-corridor signal for Armenia to Indonesia + Timor-Leste in telephones for cellular networks or for other wireless networks (HS 851712), with...", "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": "ARM-IDN-HS 851712", "url": "https://www.yugalinks.com/trade/signal/new-corridor/arm-idn-851712" } ], "exporter": { "iso3": "ARM", "country_name": "Armenia" }, "importer": { "iso3": "IDN", "country_name": "Indonesia + Timor-Leste" }, "hsCode": "851712", "product": "Telephones for cellular networks or for other wireless networks", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "IDN", "hs_code": "851712", "your_market_share_pct": 0.000029945753864904626, "your_share_change_pp": 0.000029945753864904626, "market_imports_usd": 3561108167.8968635, "market_yoy_growth_pct": 9.952096845657255, "market_cagr_3y_pct": 17.597389, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 59.63319753433974, "your_share_gap_pp": 59.63316758858588, "num_suppliers": 63, "market_hhi": 4823.335751204433, "volatility_mean_usd": 1066.4006868214094, "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": 60.566549558308694 }, "market": { "exporter_iso3": "ARM", "importer_iso3": "IDN", "hs_code": "851712", "hs_description": "Telephones for cellular networks or for other wireless networks", "hs_chapter": "85", "hs_heading": "8517", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": -8.9039278, "buyer_imports_latest_usd": 3561108167.896862, "buyer_imports_avg_usd": 1521583255.2469912, "buyer_imports_peak_usd": 3563244031.134539, "buyer_cagr_full_pct": 18.4209, "buyer_yoy_avg_pct": 42.146, "buyer_yoy_latest_pct": 9.9521, "buyer_trend_consistency_pct": 75.8621, "buyer_imports_proj_3y_usd": 5913850883.8, "buyer_imports_proj_5y_usd": 8293296119.45, "buyer_gdp_mn_latest": 1186092.99132, "buyer_gdp_pc_latest": 4292, "buyer_population_latest": 276361.786, "buyer_investment_rate": 30.09, "buyer_savings_rate": 32.56, "buyer_edu_secondary": 63.53, "buyer_gdp_mn_2030_proj": 1497815.3, "buyer_gdp_pc_2030_proj": 5153.65, "buyer_gdp_pc_growth_pct": 20.08, "buyer_gdp_mn_growth_pct": 26.28, "buyer_pop_growth_pct": 5.17, "exports_latest_usd": 1066.4006868214094, "exports_avg_usd": 1066.4006868214094, "exports_peak_usd": 1066.4006868214094, "share_latest_pct": 0.000029945753864904643, "share_avg_pct": 0.000029945753864904643, "share_peak_pct": 0.000029945753864904643, "share_change_1y_pp": 0.000029945753864904643, "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": 59.6332, "addressable_proj_3y_usd": 3526616608.48, "addressable_proj_5y_usd": 4945555173.53, "peer_best_share_pct": 59.63319753433978, "peer_top_exporter": "CHN", "num_suppliers_latest": 63, "buyer_herfindahl_index": 4823.34, "distance_km": 8175.62255859375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 12.6, "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": "ARM", "importer_iso3": "IDN", "hs_code": "851712" }, "productHistory": [ { "year": 2024, "export_value_usd": 1066.4006868214094, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1996, "export_value_usd": 9.947168374221958, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 70696.95544114395, "yoy_growth_pct": 710624.4271078671, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 3194795.967754226, "yoy_growth_pct": 4419.000779904774, "cagr_3y_pct": null }, { "year": 1999, "export_value_usd": 26876.41627357054, "yoy_growth_pct": -99.15874389022522, "cagr_3y_pct": 1292.8060029958908 }, { "year": 2001, "export_value_usd": 15315.25365100296, "yoy_growth_pct": -43.016012644276834, "cagr_3y_pct": -39.94149820208318 }, { "year": 2002, "export_value_usd": 1659.1802632706383, "yoy_growth_pct": -89.16648525006974, "cagr_3y_pct": -91.96196027058035 }, { "year": 2003, "export_value_usd": 134068.9431655509, "yoy_growth_pct": 7980.432616843524, "cagr_3y_pct": 70.86467137962194 }, { "year": 2004, "export_value_usd": 1252.864139523821, "yoy_growth_pct": -99.06550755906477, "cagr_3y_pct": -56.58965258107873 }, { "year": 2006, "export_value_usd": 10667.349390711954, "yoy_growth_pct": 751.4370436659092, "cagr_3y_pct": 85.94634619401495 }, { "year": 2007, "export_value_usd": 29342.13803207567, "yoy_growth_pct": 175.06493841500895, "cagr_3y_pct": -39.736476114382626 }, { "year": 2008, "export_value_usd": 35556.68149808059, "yoy_growth_pct": 21.179586365558723, "cagr_3y_pct": 205.02756016568463 }, { "year": 2009, "export_value_usd": 86211.02314649394, "yoy_growth_pct": 142.46082456021037, "cagr_3y_pct": 100.67907619696506 }, { "year": 2010, "export_value_usd": 133702.1499256905, "yoy_growth_pct": 55.08707012848848, "cagr_3y_pct": 65.78639131351159 }, { "year": 2011, "export_value_usd": 39023.04711348885, "yoy_growth_pct": -70.81344829894117, "cagr_3y_pct": 3.1493872061419736 }, { "year": 2012, "export_value_usd": 129400.17062638912, "yoy_growth_pct": 231.5993501226617, "cagr_3y_pct": 14.49609719739291 }, { "year": 2013, "export_value_usd": 40957.80126911108, "yoy_growth_pct": -68.34795420218838, "cagr_3y_pct": -32.58869294102915 }, { "year": 2014, "export_value_usd": 333637.7183266466, "yoy_growth_pct": 714.5889378545922, "cagr_3y_pct": 104.48022832276452 }, { "year": 2015, "export_value_usd": 8024.2635219349695, "yoy_growth_pct": -97.59491715679495, "cagr_3y_pct": -60.41869478027708 }, { "year": 2016, "export_value_usd": 6146.464539858499, "yoy_growth_pct": -23.40151188882763, "cagr_3y_pct": -46.859017209462905 }, { "year": 2017, "export_value_usd": 93591.23077615684, "yoy_growth_pct": 1422.6839782323293, "cagr_3y_pct": -34.53839156412505 }, { "year": 2018, "export_value_usd": 322133.08709781896, "yoy_growth_pct": 244.19152780271497, "cagr_3y_pct": 242.40759080070498 }, { "year": 2019, "export_value_usd": 38050.408017618654, "yoy_growth_pct": -88.18798517084205, "cagr_3y_pct": 83.61633414380564 }, { "year": 2020, "export_value_usd": 640407.5419701086, "yoy_growth_pct": 1583.050393766022, "cagr_3y_pct": 89.84846634385954 }, { "year": 2021, "export_value_usd": 830176.8949514051, "yoy_growth_pct": 29.632591833241406, "cagr_3y_pct": 37.102414291351614 }, { "year": 2022, "export_value_usd": 133503.40663261403, "yoy_growth_pct": -83.91867956763255, "cagr_3y_pct": 51.95360570441492 }, { "year": 2023, "export_value_usd": 343904.3420078638, "yoy_growth_pct": 157.59967530585106, "cagr_3y_pct": -18.718119928573795 }, { "year": 2024, "export_value_usd": 380124.6924773809, "yoy_growth_pct": 10.532100367807761, "cagr_3y_pct": -22.92412213359063 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "HKG", "hs_code": "854232", "your_market_share_pct": 0.00004156730028066494, "your_share_change_pp": 0.00004156730028066494, "market_imports_usd": 8716432086.223686, "market_yoy_growth_pct": -3.033517237882588, "market_cagr_3y_pct": -18.079779, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 72.18598878242368, "your_share_gap_pp": 72.18594721512339, "num_suppliers": 57, "market_hhi": 5361.1073715986095, "volatility_mean_usd": 3623.1854990408274, "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": 71.18420836700548, "exporter_name": "Armenia", "importer_name": "China, Hong Kong SAR", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "382499", "your_market_share_pct": 0.00003657217796395442, "your_share_change_pp": 0.00003657217796395442, "market_imports_usd": 7860915723.853134, "market_yoy_growth_pct": -5.632550385668933, "market_cagr_3y_pct": 28.565413, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 30.852289144958732, "your_share_gap_pp": 30.852252572780767, "num_suppliers": 100, "market_hhi": 1685.436700713422, "volatility_mean_usd": 2874.908088124044, "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": 69.17550004410286, "exporter_name": "Armenia", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DEU", "hs_code": "300214", "your_market_share_pct": 0.00005143481832031929, "your_share_change_pp": 0.00005143481832031929, "market_imports_usd": 6930840890.892647, "market_yoy_growth_pct": -6.432083993349568, "market_cagr_3y_pct": 4.153012, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 28.064439159723182, "your_share_gap_pp": 28.06438772490486, "num_suppliers": 44, "market_hhi": 1850.593104144058, "volatility_mean_usd": 3564.865420301032, "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": 71.0432989679053, "exporter_name": "Armenia", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "ITA", "hs_code": "300215", "your_market_share_pct": 0.0000615750054522756, "your_share_change_pp": 0.0000615750054522756, "market_imports_usd": 6361787263.336786, "market_yoy_growth_pct": 15.076546685922153, "market_cagr_3y_pct": 6.321003, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 27.066131441743362, "your_share_gap_pp": 27.06606986673791, "num_suppliers": 40, "market_hhi": 1654.3690541477054, "volatility_mean_usd": 3917.2708542618007, "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": 71.86188907444819, "exporter_name": "Armenia", "importer_name": "Italy", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "TWN", "hs_code": "847180", "your_market_share_pct": 0.0003101722735077359, "your_share_change_pp": 0.0003101722735077359, "market_imports_usd": 5868563224.8317795, "market_yoy_growth_pct": 114.19755960712736, "market_cagr_3y_pct": 61.145549, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 34.73424382261973, "your_share_gap_pp": 34.73393365034622, "num_suppliers": 62, "market_hhi": 2634.57397029609, "volatility_mean_usd": 18202.655976699632, "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": 85.20317238723338, "exporter_name": "Armenia", "importer_name": "Taiwan", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "271019", "your_market_share_pct": 2.9345361215602855e-7, "your_share_change_pp": 2.9345361215602855e-7, "market_imports_usd": 5655694800.069543, "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": 80.07197812763327, "num_suppliers": 99, "market_hhi": 6453.674030108212, "volatility_mean_usd": 16.59684068332475, "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": 24.908694041553954, "exporter_name": "Armenia", "importer_name": "Canada", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "IND", "hs_code": "854239", "your_market_share_pct": 0.0004148036791092156, "your_share_change_pp": 0.0004148036791092156, "market_imports_usd": 5622381962.147682, "market_yoy_growth_pct": 25.186298667097073, "market_cagr_3y_pct": 28.240168, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 37.1705817033589, "your_share_gap_pp": 37.17016689967979, "num_suppliers": 75, "market_hhi": 2644.770584801364, "volatility_mean_usd": 23321.84723256149, "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": 87.35563135219354, "exporter_name": "Armenia", "importer_name": "India", "published": true }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "842720", "your_market_share_pct": 0.000019187900893779892, "your_share_change_pp": 0.000019187900893779892, "market_imports_usd": 4975801082.887494, "market_yoy_growth_pct": 13.608349214959459, "market_cagr_3y_pct": 42.93857, "top_supplier_iso3": "GBR", "top_supplier_share_pct": 23.26144420097422, "your_share_gap_pp": 23.261425013073328, "num_suppliers": 46, "market_hhi": 1303.7866937339743, "volatility_mean_usd": 954.751780456079, "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": 59.60690231465375, "exporter_name": "Armenia", "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": "Indonesia + Timor-Leste", "imports": "$3.6B", "year": 2024, "annualChange": "+10.0%" }, "exporterPosition": { "exporter": "Armenia", "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": "$3.6B", "projectionThreeYears": "$5.9B", "supplierCount": "63", "averageImports": "$1.5B", "historicalPeak": "$3.6B", "fullHistoryGrowth": "+18.4%", "latestAnnualChange": "+10.0%" }, "competition": { "topSupplier": { "country": "CHN", "iso3": "CHN", "share": "59.6%" }, "marketConcentrationHhi": "4,823", "exporterShare": "0.0%", "shareGap": "59.6%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "8,176 km", "tradeAgreement": "Not reported", "businessEntryTime": "12.6 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$4.3K", "gdpPerPersonGrowth": "+20.1%", "populationThousands": "276,362", "gdp": "$1.2T", "gdpFiveYearCagr": "Not reported", "investmentRate": "30.1%", "savingsRate": "32.6%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 1066.4006868214094, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1996, "export_value_usd": 9.947168374221958, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 70696.95544114395, "yoy_growth_pct": 710624.4271078671, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 3194795.967754226, "yoy_growth_pct": 4419.000779904774, "cagr_3y_pct": null }, { "year": 1999, "export_value_usd": 26876.41627357054, "yoy_growth_pct": -99.15874389022522, "cagr_3y_pct": 1292.8060029958908 }, { "year": 2001, "export_value_usd": 15315.25365100296, "yoy_growth_pct": -43.016012644276834, "cagr_3y_pct": -39.94149820208318 }, { "year": 2002, "export_value_usd": 1659.1802632706383, "yoy_growth_pct": -89.16648525006974, "cagr_3y_pct": -91.96196027058035 }, { "year": 2003, "export_value_usd": 134068.9431655509, "yoy_growth_pct": 7980.432616843524, "cagr_3y_pct": 70.86467137962194 }, { "year": 2004, "export_value_usd": 1252.864139523821, "yoy_growth_pct": -99.06550755906477, "cagr_3y_pct": -56.58965258107873 }, { "year": 2006, "export_value_usd": 10667.349390711954, "yoy_growth_pct": 751.4370436659092, "cagr_3y_pct": 85.94634619401495 }, { "year": 2007, "export_value_usd": 29342.13803207567, "yoy_growth_pct": 175.06493841500895, "cagr_3y_pct": -39.736476114382626 }, { "year": 2008, "export_value_usd": 35556.68149808059, "yoy_growth_pct": 21.179586365558723, "cagr_3y_pct": 205.02756016568463 }, { "year": 2009, "export_value_usd": 86211.02314649394, "yoy_growth_pct": 142.46082456021037, "cagr_3y_pct": 100.67907619696506 }, { "year": 2010, "export_value_usd": 133702.1499256905, "yoy_growth_pct": 55.08707012848848, "cagr_3y_pct": 65.78639131351159 }, { "year": 2011, "export_value_usd": 39023.04711348885, "yoy_growth_pct": -70.81344829894117, "cagr_3y_pct": 3.1493872061419736 }, { "year": 2012, "export_value_usd": 129400.17062638912, "yoy_growth_pct": 231.5993501226617, "cagr_3y_pct": 14.49609719739291 }, { "year": 2013, "export_value_usd": 40957.80126911108, "yoy_growth_pct": -68.34795420218838, "cagr_3y_pct": -32.58869294102915 }, { "year": 2014, "export_value_usd": 333637.7183266466, "yoy_growth_pct": 714.5889378545922, "cagr_3y_pct": 104.48022832276452 }, { "year": 2015, "export_value_usd": 8024.2635219349695, "yoy_growth_pct": -97.59491715679495, "cagr_3y_pct": -60.41869478027708 }, { "year": 2016, "export_value_usd": 6146.464539858499, "yoy_growth_pct": -23.40151188882763, "cagr_3y_pct": -46.859017209462905 }, { "year": 2017, "export_value_usd": 93591.23077615684, "yoy_growth_pct": 1422.6839782323293, "cagr_3y_pct": -34.53839156412505 }, { "year": 2018, "export_value_usd": 322133.08709781896, "yoy_growth_pct": 244.19152780271497, "cagr_3y_pct": 242.40759080070498 }, { "year": 2019, "export_value_usd": 38050.408017618654, "yoy_growth_pct": -88.18798517084205, "cagr_3y_pct": 83.61633414380564 }, { "year": 2020, "export_value_usd": 640407.5419701086, "yoy_growth_pct": 1583.050393766022, "cagr_3y_pct": 89.84846634385954 }, { "year": 2021, "export_value_usd": 830176.8949514051, "yoy_growth_pct": 29.632591833241406, "cagr_3y_pct": 37.102414291351614 }, { "year": 2022, "export_value_usd": 133503.40663261403, "yoy_growth_pct": -83.91867956763255, "cagr_3y_pct": 51.95360570441492 }, { "year": 2023, "export_value_usd": 343904.3420078638, "yoy_growth_pct": 157.59967530585106, "cagr_3y_pct": -18.718119928573795 }, { "year": 2024, "export_value_usd": 380124.6924773809, "yoy_growth_pct": 10.532100367807761, "cagr_3y_pct": -22.92412213359063 } ], "routeHistoryScope": "Broader Armenia to Indonesia + Timor-Leste route exports, not only HS 851712." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "HKG", "hs_code": "854232", "your_market_share_pct": 0.00004156730028066494, "your_share_change_pp": 0.00004156730028066494, "market_imports_usd": 8716432086.223686, "market_yoy_growth_pct": -3.033517237882588, "market_cagr_3y_pct": -18.079779, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 72.18598878242368, "your_share_gap_pp": 72.18594721512339, "num_suppliers": 57, "market_hhi": 5361.1073715986095, "volatility_mean_usd": 3623.1854990408274, "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": 71.18420836700548, "exporter_name": "Armenia", "importer_name": "China, Hong Kong SAR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-hkg-854232" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "382499", "your_market_share_pct": 0.00003657217796395442, "your_share_change_pp": 0.00003657217796395442, "market_imports_usd": 7860915723.853134, "market_yoy_growth_pct": -5.632550385668933, "market_cagr_3y_pct": 28.565413, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 30.852289144958732, "your_share_gap_pp": 30.852252572780767, "num_suppliers": 100, "market_hhi": 1685.436700713422, "volatility_mean_usd": 2874.908088124044, "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": 69.17550004410286, "exporter_name": "Armenia", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-usa-382499" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DEU", "hs_code": "300214", "your_market_share_pct": 0.00005143481832031929, "your_share_change_pp": 0.00005143481832031929, "market_imports_usd": 6930840890.892647, "market_yoy_growth_pct": -6.432083993349568, "market_cagr_3y_pct": 4.153012, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 28.064439159723182, "your_share_gap_pp": 28.06438772490486, "num_suppliers": 44, "market_hhi": 1850.593104144058, "volatility_mean_usd": 3564.865420301032, "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": 71.0432989679053, "exporter_name": "Armenia", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-deu-300214" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "ITA", "hs_code": "300215", "your_market_share_pct": 0.0000615750054522756, "your_share_change_pp": 0.0000615750054522756, "market_imports_usd": 6361787263.336786, "market_yoy_growth_pct": 15.076546685922153, "market_cagr_3y_pct": 6.321003, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 27.066131441743362, "your_share_gap_pp": 27.06606986673791, "num_suppliers": 40, "market_hhi": 1654.3690541477054, "volatility_mean_usd": 3917.2708542618007, "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": 71.86188907444819, "exporter_name": "Armenia", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-ita-300215" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "TWN", "hs_code": "847180", "your_market_share_pct": 0.0003101722735077359, "your_share_change_pp": 0.0003101722735077359, "market_imports_usd": 5868563224.8317795, "market_yoy_growth_pct": 114.19755960712736, "market_cagr_3y_pct": 61.145549, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 34.73424382261973, "your_share_gap_pp": 34.73393365034622, "num_suppliers": 62, "market_hhi": 2634.57397029609, "volatility_mean_usd": 18202.655976699632, "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": 85.20317238723338, "exporter_name": "Armenia", "importer_name": "Taiwan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-twn-847180" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "271019", "your_market_share_pct": 2.9345361215602855e-7, "your_share_change_pp": 2.9345361215602855e-7, "market_imports_usd": 5655694800.069543, "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": 80.07197812763327, "num_suppliers": 99, "market_hhi": 6453.674030108212, "volatility_mean_usd": 16.59684068332475, "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": 24.908694041553954, "exporter_name": "Armenia", "importer_name": "Canada", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-can-271019" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "IND", "hs_code": "854239", "your_market_share_pct": 0.0004148036791092156, "your_share_change_pp": 0.0004148036791092156, "market_imports_usd": 5622381962.147682, "market_yoy_growth_pct": 25.186298667097073, "market_cagr_3y_pct": 28.240168, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 37.1705817033589, "your_share_gap_pp": 37.17016689967979, "num_suppliers": 75, "market_hhi": 2644.770584801364, "volatility_mean_usd": 23321.84723256149, "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": 87.35563135219354, "exporter_name": "Armenia", "importer_name": "India", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-ind-854239" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "842720", "your_market_share_pct": 0.000019187900893779892, "your_share_change_pp": 0.000019187900893779892, "market_imports_usd": 4975801082.887494, "market_yoy_growth_pct": 13.608349214959459, "market_cagr_3y_pct": 42.93857, "top_supplier_iso3": "GBR", "top_supplier_share_pct": 23.26144420097422, "your_share_gap_pp": 23.261425013073328, "num_suppliers": 46, "market_hhi": 1303.7866937339743, "volatility_mean_usd": 954.751780456079, "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": 59.60690231465375, "exporter_name": "Armenia", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/arm-usa-842720" } ], "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/851712", "workspace": "https://www.yugalinks.com/app?hs=851712", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/arm-idn-851712/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/arm-idn-851712/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/arm-idn-851712/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": "2026-09-02T11:35:54.512Z" }