{
  "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-mys-851712",
  "seo": {
    "title": "Armenia to Malaysia new corridor | HS 851712 | Yugalinks",
    "description": "Reported new-corridor signal for Armenia to Malaysia in telephones for cellular networks or for other wireless networks (HS 851712), with market demand,...",
    "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-MYS-HS 851712",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/arm-mys-851712"
    }
  ],
  "exporter": {
    "iso3": "ARM",
    "country_name": "Armenia"
  },
  "importer": {
    "iso3": "MYS",
    "country_name": "Malaysia"
  },
  "hsCode": "851712",
  "product": "Telephones for cellular networks or for other wireless networks",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "ARM",
    "importer_iso3": "MYS",
    "hs_code": "851712",
    "your_market_share_pct": 0.000020955189434560264,
    "your_share_change_pp": 0.000020955189434560264,
    "market_imports_usd": 3812473955.4773664,
    "market_yoy_growth_pct": 12.961471167430227,
    "market_cagr_3y_pct": 22.168326,
    "top_supplier_iso3": "CHN",
    "top_supplier_share_pct": 63.890592004503866,
    "your_share_gap_pp": 63.89057104931443,
    "num_suppliers": 69,
    "market_hhi": 4314.617028707858,
    "volatility_mean_usd": 798.9111395135549,
    "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": 58.0608348957795
  },
  "market": {
    "exporter_iso3": "ARM",
    "importer_iso3": "MYS",
    "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": 3812473955.4773664,
    "buyer_imports_avg_usd": 1516987194.734198,
    "buyer_imports_peak_usd": 3812473955.4773664,
    "buyer_cagr_full_pct": 11.0681,
    "buyer_yoy_avg_pct": 16.6631,
    "buyer_yoy_latest_pct": 12.9615,
    "buyer_trend_consistency_pct": 72.4138,
    "buyer_imports_proj_3y_usd": 5223657530.6,
    "buyer_imports_proj_5y_usd": 6443965948.73,
    "buyer_gdp_mn_latest": 372701.35881999996,
    "buyer_gdp_pc_latest": 11371,
    "buyer_population_latest": 32776.196,
    "buyer_investment_rate": 23.72,
    "buyer_savings_rate": 32.17,
    "buyer_edu_secondary": 87.31,
    "buyer_gdp_mn_2030_proj": 447101.1,
    "buyer_gdp_pc_2030_proj": 12837.55,
    "buyer_gdp_pc_growth_pct": 12.9,
    "buyer_gdp_mn_growth_pct": 19.96,
    "buyer_pop_growth_pct": 6.26,
    "exports_latest_usd": 798.9111395135549,
    "exports_avg_usd": 798.9111395135549,
    "exports_peak_usd": 798.9111395135549,
    "share_latest_pct": 0.000020955189434560264,
    "share_avg_pct": 0.000020955189434560264,
    "share_peak_pct": 0.000020955189434560264,
    "share_change_1y_pp": 0.000020955189434560264,
    "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": 63.8906,
    "addressable_proj_3y_usd": 3337424625.96,
    "addressable_proj_5y_usd": 4117086642.87,
    "peer_best_share_pct": 63.890592004503866,
    "peer_top_exporter": "CHN",
    "num_suppliers_latest": 69,
    "buyer_herfindahl_index": 4314.62,
    "distance_km": 7051.04052734375,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 17.5,
    "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": "MYS",
    "hs_code": "851712"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 798.9111395135549,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 2091.942798560249,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 2366.2187933475757,
      "yoy_growth_pct": 13.111065702948178,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 6716.610328484112,
      "yoy_growth_pct": 183.85415361281443,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "export_value_usd": 3601.8321281620174,
      "yoy_growth_pct": -46.37425796629587,
      "cagr_3y_pct": 19.855477786813314
    },
    {
      "year": 2000,
      "export_value_usd": 24.083820566430713,
      "yoy_growth_pct": -99.3313452790283,
      "cagr_3y_pct": -78.32844066918165
    },
    {
      "year": 2001,
      "export_value_usd": 9076.18007452903,
      "yoy_growth_pct": 37585.79843673094,
      "cagr_3y_pct": 10.556509067587537
    },
    {
      "year": 2002,
      "export_value_usd": 52236.118820398224,
      "yoy_growth_pct": 475.529775648582,
      "cagr_3y_pct": 143.86481499123275
    },
    {
      "year": 2003,
      "export_value_usd": 30071.27234985511,
      "yoy_growth_pct": -42.432031649885396,
      "cagr_3y_pct": 976.8175878985389
    },
    {
      "year": 2004,
      "export_value_usd": 4126.003116488169,
      "yoy_growth_pct": -86.2792532737377,
      "cagr_3y_pct": -23.109004694741753
    },
    {
      "year": 2005,
      "export_value_usd": 180524.39506899033,
      "yoy_growth_pct": 4275.284990638663,
      "cagr_3y_pct": 51.18951217746759
    },
    {
      "year": 2006,
      "export_value_usd": 127470.8936494335,
      "yoy_growth_pct": -29.388549619170067,
      "cagr_3y_pct": 61.8402008858512
    },
    {
      "year": 2007,
      "export_value_usd": 241500.7959033666,
      "yoy_growth_pct": 89.45563884374626,
      "cagr_3y_pct": 288.26627715990355
    },
    {
      "year": 2008,
      "export_value_usd": 94992.79535650894,
      "yoy_growth_pct": -60.66563880206877,
      "cagr_3y_pct": -19.26690726223528
    },
    {
      "year": 2009,
      "export_value_usd": 31680.58206878109,
      "yoy_growth_pct": -66.64948962720432,
      "cagr_3y_pct": -37.127503225442815
    },
    {
      "year": 2010,
      "export_value_usd": 113634.25291774627,
      "yoy_growth_pct": 258.6873898687757,
      "cagr_3y_pct": -22.220783343589446
    },
    {
      "year": 2011,
      "export_value_usd": 22877.473762753245,
      "yoy_growth_pct": -79.86744914025789,
      "cagr_3y_pct": -37.78346802266238
    },
    {
      "year": 2012,
      "export_value_usd": 53213.41125110399,
      "yoy_growth_pct": 132.60178026186006,
      "cagr_3y_pct": 18.87101818891641
    },
    {
      "year": 2013,
      "export_value_usd": 137503.60617540736,
      "yoy_growth_pct": 158.4002847074658,
      "cagr_3y_pct": 6.561815019235628
    },
    {
      "year": 2014,
      "export_value_usd": 54930.06998789133,
      "yoy_growth_pct": -60.051905898511905,
      "cagr_3y_pct": 33.90620299006108
    },
    {
      "year": 2015,
      "export_value_usd": 2361389.714391923,
      "yoy_growth_pct": 4198.9017034066455,
      "cagr_3y_pct": 254.0371659963227
    },
    {
      "year": 2016,
      "export_value_usd": 116607.4108585021,
      "yoy_growth_pct": -95.06191586472082,
      "cagr_3y_pct": -5.3463523911460475
    },
    {
      "year": 2017,
      "export_value_usd": 49915.04220714852,
      "yoy_growth_pct": -57.193936612040716,
      "cagr_3y_pct": -3.140899827639776
    },
    {
      "year": 2018,
      "export_value_usd": 28871.576546982018,
      "yoy_growth_pct": -42.158565293475384,
      "cagr_3y_pct": -76.96255680343937
    },
    {
      "year": 2019,
      "export_value_usd": 173700.69820125247,
      "yoy_growth_pct": 501.6321897718108,
      "cagr_3y_pct": 14.206758147081766
    },
    {
      "year": 2020,
      "export_value_usd": 236641.2540870165,
      "yoy_growth_pct": 36.23506211405096,
      "cagr_3y_pct": 67.99112501231468
    },
    {
      "year": 2021,
      "export_value_usd": 233177.13303143802,
      "yoy_growth_pct": -1.4638703082196614,
      "cagr_3y_pct": 100.63428701135248
    },
    {
      "year": 2022,
      "export_value_usd": 207911.19267600257,
      "yoy_growth_pct": -10.835513768851845,
      "cagr_3y_pct": 6.175773904833215
    },
    {
      "year": 2023,
      "export_value_usd": 1861308.4314428011,
      "yoy_growth_pct": 795.2420538240874,
      "cagr_3y_pct": 98.87306274468419
    },
    {
      "year": 2024,
      "export_value_usd": 14583355.566900138,
      "yoy_growth_pct": 683.5002152542654,
      "cagr_3y_pct": 296.9390587285686
    }
  ],
  "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": "Malaysia",
        "imports": "$3.8B",
        "year": 2024,
        "annualChange": "+13.0%"
      },
      "exporterPosition": {
        "exporter": "Armenia",
        "routeExports": "$798.9",
        "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": "$3.8B",
      "projectionThreeYears": "$5.2B",
      "supplierCount": "69",
      "averageImports": "$1.5B",
      "historicalPeak": "$3.8B",
      "fullHistoryGrowth": "+11.1%",
      "latestAnnualChange": "+13.0%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "63.9%"
      },
      "marketConcentrationHhi": "4,315",
      "exporterShare": "0.0%",
      "shareGap": "63.9%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "7,051 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "17.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$11.4K",
      "gdpPerPersonGrowth": "+12.9%",
      "populationThousands": "32,776",
      "gdp": "$372.7B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.7%",
      "savingsRate": "32.2%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 798.9111395135549,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 2091.942798560249,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 2366.2187933475757,
          "yoy_growth_pct": 13.111065702948178,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 6716.610328484112,
          "yoy_growth_pct": 183.85415361281443,
          "cagr_3y_pct": null
        },
        {
          "year": 1999,
          "export_value_usd": 3601.8321281620174,
          "yoy_growth_pct": -46.37425796629587,
          "cagr_3y_pct": 19.855477786813314
        },
        {
          "year": 2000,
          "export_value_usd": 24.083820566430713,
          "yoy_growth_pct": -99.3313452790283,
          "cagr_3y_pct": -78.32844066918165
        },
        {
          "year": 2001,
          "export_value_usd": 9076.18007452903,
          "yoy_growth_pct": 37585.79843673094,
          "cagr_3y_pct": 10.556509067587537
        },
        {
          "year": 2002,
          "export_value_usd": 52236.118820398224,
          "yoy_growth_pct": 475.529775648582,
          "cagr_3y_pct": 143.86481499123275
        },
        {
          "year": 2003,
          "export_value_usd": 30071.27234985511,
          "yoy_growth_pct": -42.432031649885396,
          "cagr_3y_pct": 976.8175878985389
        },
        {
          "year": 2004,
          "export_value_usd": 4126.003116488169,
          "yoy_growth_pct": -86.2792532737377,
          "cagr_3y_pct": -23.109004694741753
        },
        {
          "year": 2005,
          "export_value_usd": 180524.39506899033,
          "yoy_growth_pct": 4275.284990638663,
          "cagr_3y_pct": 51.18951217746759
        },
        {
          "year": 2006,
          "export_value_usd": 127470.8936494335,
          "yoy_growth_pct": -29.388549619170067,
          "cagr_3y_pct": 61.8402008858512
        },
        {
          "year": 2007,
          "export_value_usd": 241500.7959033666,
          "yoy_growth_pct": 89.45563884374626,
          "cagr_3y_pct": 288.26627715990355
        },
        {
          "year": 2008,
          "export_value_usd": 94992.79535650894,
          "yoy_growth_pct": -60.66563880206877,
          "cagr_3y_pct": -19.26690726223528
        },
        {
          "year": 2009,
          "export_value_usd": 31680.58206878109,
          "yoy_growth_pct": -66.64948962720432,
          "cagr_3y_pct": -37.127503225442815
        },
        {
          "year": 2010,
          "export_value_usd": 113634.25291774627,
          "yoy_growth_pct": 258.6873898687757,
          "cagr_3y_pct": -22.220783343589446
        },
        {
          "year": 2011,
          "export_value_usd": 22877.473762753245,
          "yoy_growth_pct": -79.86744914025789,
          "cagr_3y_pct": -37.78346802266238
        },
        {
          "year": 2012,
          "export_value_usd": 53213.41125110399,
          "yoy_growth_pct": 132.60178026186006,
          "cagr_3y_pct": 18.87101818891641
        },
        {
          "year": 2013,
          "export_value_usd": 137503.60617540736,
          "yoy_growth_pct": 158.4002847074658,
          "cagr_3y_pct": 6.561815019235628
        },
        {
          "year": 2014,
          "export_value_usd": 54930.06998789133,
          "yoy_growth_pct": -60.051905898511905,
          "cagr_3y_pct": 33.90620299006108
        },
        {
          "year": 2015,
          "export_value_usd": 2361389.714391923,
          "yoy_growth_pct": 4198.9017034066455,
          "cagr_3y_pct": 254.0371659963227
        },
        {
          "year": 2016,
          "export_value_usd": 116607.4108585021,
          "yoy_growth_pct": -95.06191586472082,
          "cagr_3y_pct": -5.3463523911460475
        },
        {
          "year": 2017,
          "export_value_usd": 49915.04220714852,
          "yoy_growth_pct": -57.193936612040716,
          "cagr_3y_pct": -3.140899827639776
        },
        {
          "year": 2018,
          "export_value_usd": 28871.576546982018,
          "yoy_growth_pct": -42.158565293475384,
          "cagr_3y_pct": -76.96255680343937
        },
        {
          "year": 2019,
          "export_value_usd": 173700.69820125247,
          "yoy_growth_pct": 501.6321897718108,
          "cagr_3y_pct": 14.206758147081766
        },
        {
          "year": 2020,
          "export_value_usd": 236641.2540870165,
          "yoy_growth_pct": 36.23506211405096,
          "cagr_3y_pct": 67.99112501231468
        },
        {
          "year": 2021,
          "export_value_usd": 233177.13303143802,
          "yoy_growth_pct": -1.4638703082196614,
          "cagr_3y_pct": 100.63428701135248
        },
        {
          "year": 2022,
          "export_value_usd": 207911.19267600257,
          "yoy_growth_pct": -10.835513768851845,
          "cagr_3y_pct": 6.175773904833215
        },
        {
          "year": 2023,
          "export_value_usd": 1861308.4314428011,
          "yoy_growth_pct": 795.2420538240874,
          "cagr_3y_pct": 98.87306274468419
        },
        {
          "year": 2024,
          "export_value_usd": 14583355.566900138,
          "yoy_growth_pct": 683.5002152542654,
          "cagr_3y_pct": 296.9390587285686
        }
      ],
      "routeHistoryScope": "Broader Armenia to Malaysia 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-mys-851712/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/arm-mys-851712/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/arm-mys-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": "2026-09-02T11:36:05.432Z"
}