{ "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/blr-are-710691", "seo": { "title": "BLR to ARE new corridor | HS 710691 | Yugalinks", "description": "Reported new-corridor signal for BLR to ARE in metals (HS 710691), 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": "BLR-ARE-HS 710691", "url": "https://www.yugalinks.com/trade/signal/new-corridor/blr-are-710691" } ], "exporter": { "iso3": "BLR", "country_name": "BLR" }, "importer": { "iso3": "ARE", "country_name": "ARE" }, "hsCode": "710691", "product": "Metals: silver, unwrought, (but not powder)", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "ARE", "hs_code": "710691", "your_market_share_pct": 0.4596178144392623, "your_share_change_pp": 0.4596178144392623, "market_imports_usd": 1129015107.902471, "market_yoy_growth_pct": 75.3214956797638, "market_cagr_3y_pct": 113.549041, "top_supplier_iso3": "GBR", "top_supplier_share_pct": 32.486268021542166, "your_share_gap_pp": 32.026650207102904, "num_suppliers": 57, "market_hhi": 1544.6837596195396, "volatility_mean_usd": 5189154.563630417, "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 }, "market": { "exporter_iso3": "BLR", "importer_iso3": "ARE", "hs_code": "710691", "hs_description": "Metals: silver, unwrought, (but not powder)", "hs_chapter": "71", "hs_heading": "7106", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -11.992901, "buyer_imports_latest_usd": 1129015107.9024708, "buyer_imports_avg_usd": 169183702.20008177, "buyer_imports_peak_usd": 1129015107.9024708, "buyer_cagr_full_pct": 7.8266, "buyer_yoy_avg_pct": 60.174, "buyer_yoy_latest_pct": 75.3215, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 1415394353.65, "buyer_imports_proj_5y_usd": 1645618883.69, "buyer_gdp_mn_latest": 358868.765175, "buyer_gdp_pc_latest": 36285, "buyer_population_latest": 9991.083, "buyer_investment_rate": 26.35, "buyer_savings_rate": 61.51, "buyer_edu_secondary": 74.48, "buyer_gdp_mn_2030_proj": 415110.49, "buyer_gdp_pc_2030_proj": 40333.53, "buyer_gdp_pc_growth_pct": 11.16, "buyer_gdp_mn_growth_pct": 15.67, "buyer_pop_growth_pct": 4.06, "exports_latest_usd": 5189154.563630417, "exports_avg_usd": 5189154.563630417, "exports_peak_usd": 5189154.563630417, "share_latest_pct": 0.4596178144392625, "share_avg_pct": 0.4596178144392625, "share_peak_pct": 0.4596178144392625, "share_change_1y_pp": 0.4596178144392625, "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": 32.0267, "addressable_proj_3y_usd": 453303398.69, "addressable_proj_5y_usd": 527036603.62, "peer_best_share_pct": 32.48626802154217, "peer_top_exporter": "GBR", "num_suppliers_latest": 57, "buyer_herfindahl_index": 1544.68, "distance_km": 3961.286376953125, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 3.8, "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": { "exporter_iso3": "BLR", "importer_iso3": "ARE", "hs_code": "710691", "hs_description": "Metals: silver, unwrought, (but not powder)", "hs_chapter": "71", "hs_heading": "7106", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -11.992901, "buyer_imports_latest_usd": 1129015107.9024708, "buyer_imports_avg_usd": 169183702.20008177, "buyer_imports_peak_usd": 1129015107.9024708, "buyer_cagr_full_pct": 7.8266, "buyer_yoy_avg_pct": 60.174, "buyer_yoy_latest_pct": 75.3215, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 1415394353.65, "buyer_imports_proj_5y_usd": 1645618883.69, "buyer_gdp_mn_latest": 358868.765175, "buyer_gdp_pc_latest": 36285, "buyer_population_latest": 9991.083, "buyer_investment_rate": 26.35, "buyer_savings_rate": 61.51, "buyer_edu_secondary": 74.48, "buyer_gdp_mn_2030_proj": 415110.49, "buyer_gdp_pc_2030_proj": 40333.53, "buyer_gdp_pc_growth_pct": 11.16, "buyer_gdp_mn_growth_pct": 15.67, "buyer_pop_growth_pct": 4.06, "exports_latest_usd": 5189154.563630417, "exports_avg_usd": 5189154.563630417, "exports_peak_usd": 5189154.563630417, "share_latest_pct": 0.4596178144392625, "share_avg_pct": 0.4596178144392625, "share_peak_pct": 0.4596178144392625, "share_change_1y_pp": 0.4596178144392625, "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": 32.0267, "addressable_proj_3y_usd": 453303398.69, "addressable_proj_5y_usd": 527036603.62, "peer_best_share_pct": 32.48626802154217, "peer_top_exporter": "GBR", "num_suppliers_latest": 57, "buyer_herfindahl_index": 1544.68, "distance_km": 3961.286376953125, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 3.8, "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_data_year": 2024, "avg_applied_tariff_pct": 5.154220090038313, "avg_mfn_tariff_pct": 5.154220090038313, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "rta_coverage_ratio": null, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 4.943547237156554, "buyer_gdp_pc_5y_cagr_pct": 1.819807045643529, "buyer_population_5y_cagr_pct": 3.0679101465127756, "buyer_investment_5y_avg_pct": 26.395999999999997, "buyer_savings_5y_avg_pct": 61.2, "current_below_peak_usd": 0, "current_below_peak_pct": 0, "latest_vs_historical_avg_pct": 0, "share_change_all_pp": 0, "volatility_label": "Stable", "drawdown_label": "Near historical peak", "competition_label": "Moderately concentrated buyer market", "demand_label": "Buyer demand stable or growing", "access_label": "Standard market access", "macro_resilience_label": "Buyer macro trend resilient", "risk_driver_labels": [ "limited_history" ], "risk_driver_count": 1, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "lane_access_data_available": true }, "productHistory": [ { "year": 2024, "export_value_usd": 5189154.563630417, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 4237005.818867248, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 8241365.813197693, "yoy_growth_pct": 94.50919270630126, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 10645826.575045357, "yoy_growth_pct": 29.17551309271054, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 2748845.047909301, "yoy_growth_pct": -74.17912992916109, "cagr_3y_pct": -13.430734451733317 }, { "year": 1999, "export_value_usd": 1288717.1566323305, "yoy_growth_pct": -53.117868262072655, "cagr_3y_pct": -46.12514187364734 }, { "year": 2000, "export_value_usd": 8497619.319379287, "yoy_growth_pct": 559.38590757845, "cagr_3y_pct": -7.237460798472572 }, { "year": 2001, "export_value_usd": 13204673.64099541, "yoy_growth_pct": 55.39262403625715, "cagr_3y_pct": 68.73006384121285 }, { "year": 2002, "export_value_usd": 27627535.812329847, "yoy_growth_pct": 109.22543459580116, "cagr_3y_pct": 177.79740215481817 }, { "year": 2003, "export_value_usd": 30679438.559988853, "yoy_growth_pct": 11.046597743606856, "cagr_3y_pct": 53.40871967935335 }, { "year": 2004, "export_value_usd": 17319100.23384665, "yoy_growth_pct": -43.548183908314186, "cagr_3y_pct": 9.46263153820308 }, { "year": 2005, "export_value_usd": 5082081.205181289, "yoy_growth_pct": -70.65620536539538, "cagr_3y_pct": -43.12782775156157 }, { "year": 2006, "export_value_usd": 21662733.018913347, "yoy_growth_pct": 326.25712074076523, "cagr_3y_pct": -10.952455844407428 }, { "year": 2007, "export_value_usd": 16275254.873474171, "yoy_growth_pct": -24.869798934120936, "cagr_3y_pct": -2.050815562415731 }, { "year": 2008, "export_value_usd": 13662484.678655608, "yoy_growth_pct": -16.053636118945967, "cagr_3y_pct": 39.047343440792304 }, { "year": 2009, "export_value_usd": 22478385.1760184, "yoy_growth_pct": 64.52633400669458, "cagr_3y_pct": 1.2396465987826177 }, { "year": 2010, "export_value_usd": 7586471.991384482, "yoy_growth_pct": -66.24992439635615, "cagr_3y_pct": -22.46388794138692 }, { "year": 2011, "export_value_usd": 14626848.456111409, "yoy_growth_pct": 92.80171959670153, "cagr_3y_pct": 2.29954245739179 }, { "year": 2012, "export_value_usd": 36524743.46345211, "yoy_growth_pct": 149.71027472559402, "cagr_3y_pct": 17.56391005960276 }, { "year": 2013, "export_value_usd": 38264319.60718621, "yoy_growth_pct": 4.7627333658750715, "cagr_3y_pct": 71.49496695481932 }, { "year": 2014, "export_value_usd": 37504339.21266248, "yoy_growth_pct": -1.9861333020566918, "cagr_3y_pct": 36.87062552569815 }, { "year": 2015, "export_value_usd": 14203200.693238229, "yoy_growth_pct": -62.12918027244474, "cagr_3y_pct": -27.009498126577846 }, { "year": 2016, "export_value_usd": 19870938.8207634, "yoy_growth_pct": 39.90465423912115, "cagr_3y_pct": -19.621210099185383 }, { "year": 2017, "export_value_usd": 51455631.89634148, "yoy_growth_pct": 158.94917376815042, "cagr_3y_pct": 11.117842210608163 }, { "year": 2018, "export_value_usd": 41762245.932325326, "yoy_growth_pct": -18.83833820862155, "cagr_3y_pct": 43.262505080462766 }, { "year": 2019, "export_value_usd": 101808319.79615104, "yoy_growth_pct": 143.78075825023603, "cagr_3y_pct": 72.39379413301276 }, { "year": 2020, "export_value_usd": 37217085.78158342, "yoy_growth_pct": -63.44396424957949, "cagr_3y_pct": -10.235803205847283 }, { "year": 2021, "export_value_usd": 47520080.79792717, "yoy_growth_pct": 27.683508259644828, "cagr_3y_pct": 4.399345168092594 }, { "year": 2022, "export_value_usd": 83768430.65675062, "yoy_growth_pct": 76.28006781588765, "cagr_3y_pct": -6.294366067731138 }, { "year": 2023, "export_value_usd": 77670147.4387255, "yoy_growth_pct": -7.2799301242892245, "cagr_3y_pct": 27.792075018226114 }, { "year": 2024, "export_value_usd": 610136786.4470992, "yoy_growth_pct": 685.5486394286044, "cagr_3y_pct": 134.1621408233528 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "CHN", "hs_code": "271112", "your_market_share_pct": 0.00007416470065207345, "your_share_change_pp": 0.00007416470065207345, "market_imports_usd": 12892620207.89072, "market_yoy_growth_pct": -0.30612917530429273, "market_cagr_3y_pct": 5.693786, "top_supplier_iso3": "USA", "top_supplier_share_pct": 52.69939800078214, "your_share_gap_pp": 52.69932383608149, "num_suppliers": 29, "market_hhi": 3238.085308420091, "volatility_mean_usd": 9561.773183390882, "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": 79.61167709990181, "exporter_name": "BLR", "importer_name": "CHN", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "CAN", "hs_code": "841191", "your_market_share_pct": 9.962313182723784e-9, "your_share_change_pp": 9.962313182723784e-9, "market_imports_usd": 4188773069.4327626, "market_yoy_growth_pct": 12.260981159320261, "market_cagr_3y_pct": 17.700149, "top_supplier_iso3": "USA", "top_supplier_share_pct": 53.986877948721016, "your_share_gap_pp": 53.9868779387587, "num_suppliers": 80, "market_hhi": 3194.5299786904366, "volatility_mean_usd": 0.41729869169048384, "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": 3.0292277245388965, "exporter_name": "BLR", "importer_name": "Canada", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "BGR", "hs_code": "270900", "your_market_share_pct": 0.0000017020197290743804, "your_share_change_pp": 0.0000017020197290743804, "market_imports_usd": 2824267714.608452, "market_yoy_growth_pct": -2.7432008053686396, "market_cagr_3y_pct": 16.18862, "top_supplier_iso3": "KAZ", "top_supplier_share_pct": 28.596614231265306, "your_share_gap_pp": 28.596612529245576, "num_suppliers": 33, "market_hhi": 1942.503792607429, "volatility_mean_usd": 48.06959370451396, "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": 33.81624924088258, "exporter_name": "BLR", "importer_name": "BGR", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "IND", "hs_code": "850760", "your_market_share_pct": 4.09810956422391e-7, "your_share_change_pp": 4.09810956422391e-7, "market_imports_usd": 2698841884.214921, "market_yoy_growth_pct": -7.980460656750443, "market_cagr_3y_pct": 16.908666, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 84.21781348133136, "your_share_gap_pp": 84.21781307152041, "num_suppliers": 56, "market_hhi": 7147.1142924681335, "volatility_mean_usd": 11.060149738029246, "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": 21.62705400018899, "exporter_name": "BLR", "importer_name": "India", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "DEU", "hs_code": "180400", "your_market_share_pct": 0.0001134115464669007, "your_share_change_pp": 0.0001134115464669007, "market_imports_usd": 1876309182.848007, "market_yoy_growth_pct": 116.3880300025653, "market_cagr_3y_pct": 31.39205, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 52.14082297806316, "your_share_gap_pp": 52.1407095665167, "num_suppliers": 78, "market_hhi": 3073.1894375520596, "volatility_mean_usd": 2127.9512607683923, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 66.56331438027765, "exporter_name": "BLR", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "DEU", "hs_code": "180100", "your_market_share_pct": 0.00015112736717617518, "your_share_change_pp": 0.00015112736717617518, "market_imports_usd": 1674632671.1630259, "market_yoy_growth_pct": 83.43300778242777, "market_cagr_3y_pct": 26.277439, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 38.45341074912083, "your_share_gap_pp": 38.45325962175365, "num_suppliers": 86, "market_hhi": 2368.8691704200774, "volatility_mean_usd": 2530.8282658007365, "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": 68.06868488200485, "exporter_name": "BLR", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "880330", "your_market_share_pct": 0.000793042899165274, "your_share_change_pp": 0.000793042899165274, "market_imports_usd": 1215273500.1667647, "market_yoy_growth_pct": 1.0026491070866284, "market_cagr_3y_pct": 2.939078, "top_supplier_iso3": "USA", "top_supplier_share_pct": 46.98417390466671, "your_share_gap_pp": 46.98338086176754, "num_suppliers": 69, "market_hhi": 2897.830108892147, "volatility_mean_usd": 9637.640198509811, "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": 79.6803153752789, "exporter_name": "BLR", "importer_name": "China, Hong Kong SAR", "published": true }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "IND", "hs_code": "071310", "your_market_share_pct": 0.08238417806671458, "your_share_change_pp": 0.08238417806671458, "market_imports_usd": 1166681254.466579, "market_yoy_growth_pct": 2270.0692409744966, "market_cagr_3y_pct": 325.339247, "top_supplier_iso3": "CAN", "top_supplier_share_pct": 49.925797587844315, "your_share_gap_pp": 49.8434134097776, "num_suppliers": 27, "market_hhi": 4132.138102127899, "volatility_mean_usd": 961160.7621507258, "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": "BLR", "importer_name": "India", "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": "ARE", "imports": "$1.1B", "year": 2024, "annualChange": "+75.3%" }, "exporterPosition": { "exporter": "BLR", "routeExports": "$5.2M", "currentShare": "0.5%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "100/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$1.1B", "projectionThreeYears": "$1.4B", "supplierCount": "57", "averageImports": "$169.2M", "historicalPeak": "$1.1B", "fullHistoryGrowth": "+7.8%", "latestAnnualChange": "+75.3%" }, "competition": { "topSupplier": { "country": "GBR", "iso3": "GBR", "share": "32.5%" }, "marketConcentrationHhi": "1,545", "exporterShare": "0.5%", "shareGap": "32.0%" }, "access": { "appliedTariff": "5.2%", "mfnTariff": "5.2%", "preferentialTariff": "0.0%", "distance": "3,961 km", "tradeAgreement": "Not reported", "businessEntryTime": "3.8 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$36.3K", "gdpPerPersonGrowth": "+11.2%", "populationThousands": "9,991", "gdp": "$358.9B", "gdpFiveYearCagr": "+4.9%", "investmentRate": "26.4%", "savingsRate": "61.5%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 5189154.563630417, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 4237005.818867248, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 8241365.813197693, "yoy_growth_pct": 94.50919270630126, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 10645826.575045357, "yoy_growth_pct": 29.17551309271054, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 2748845.047909301, "yoy_growth_pct": -74.17912992916109, "cagr_3y_pct": -13.430734451733317 }, { "year": 1999, "export_value_usd": 1288717.1566323305, "yoy_growth_pct": -53.117868262072655, "cagr_3y_pct": -46.12514187364734 }, { "year": 2000, "export_value_usd": 8497619.319379287, "yoy_growth_pct": 559.38590757845, "cagr_3y_pct": -7.237460798472572 }, { "year": 2001, "export_value_usd": 13204673.64099541, "yoy_growth_pct": 55.39262403625715, "cagr_3y_pct": 68.73006384121285 }, { "year": 2002, "export_value_usd": 27627535.812329847, "yoy_growth_pct": 109.22543459580116, "cagr_3y_pct": 177.79740215481817 }, { "year": 2003, "export_value_usd": 30679438.559988853, "yoy_growth_pct": 11.046597743606856, "cagr_3y_pct": 53.40871967935335 }, { "year": 2004, "export_value_usd": 17319100.23384665, "yoy_growth_pct": -43.548183908314186, "cagr_3y_pct": 9.46263153820308 }, { "year": 2005, "export_value_usd": 5082081.205181289, "yoy_growth_pct": -70.65620536539538, "cagr_3y_pct": -43.12782775156157 }, { "year": 2006, "export_value_usd": 21662733.018913347, "yoy_growth_pct": 326.25712074076523, "cagr_3y_pct": -10.952455844407428 }, { "year": 2007, "export_value_usd": 16275254.873474171, "yoy_growth_pct": -24.869798934120936, "cagr_3y_pct": -2.050815562415731 }, { "year": 2008, "export_value_usd": 13662484.678655608, "yoy_growth_pct": -16.053636118945967, "cagr_3y_pct": 39.047343440792304 }, { "year": 2009, "export_value_usd": 22478385.1760184, "yoy_growth_pct": 64.52633400669458, "cagr_3y_pct": 1.2396465987826177 }, { "year": 2010, "export_value_usd": 7586471.991384482, "yoy_growth_pct": -66.24992439635615, "cagr_3y_pct": -22.46388794138692 }, { "year": 2011, "export_value_usd": 14626848.456111409, "yoy_growth_pct": 92.80171959670153, "cagr_3y_pct": 2.29954245739179 }, { "year": 2012, "export_value_usd": 36524743.46345211, "yoy_growth_pct": 149.71027472559402, "cagr_3y_pct": 17.56391005960276 }, { "year": 2013, "export_value_usd": 38264319.60718621, "yoy_growth_pct": 4.7627333658750715, "cagr_3y_pct": 71.49496695481932 }, { "year": 2014, "export_value_usd": 37504339.21266248, "yoy_growth_pct": -1.9861333020566918, "cagr_3y_pct": 36.87062552569815 }, { "year": 2015, "export_value_usd": 14203200.693238229, "yoy_growth_pct": -62.12918027244474, "cagr_3y_pct": -27.009498126577846 }, { "year": 2016, "export_value_usd": 19870938.8207634, "yoy_growth_pct": 39.90465423912115, "cagr_3y_pct": -19.621210099185383 }, { "year": 2017, "export_value_usd": 51455631.89634148, "yoy_growth_pct": 158.94917376815042, "cagr_3y_pct": 11.117842210608163 }, { "year": 2018, "export_value_usd": 41762245.932325326, "yoy_growth_pct": -18.83833820862155, "cagr_3y_pct": 43.262505080462766 }, { "year": 2019, "export_value_usd": 101808319.79615104, "yoy_growth_pct": 143.78075825023603, "cagr_3y_pct": 72.39379413301276 }, { "year": 2020, "export_value_usd": 37217085.78158342, "yoy_growth_pct": -63.44396424957949, "cagr_3y_pct": -10.235803205847283 }, { "year": 2021, "export_value_usd": 47520080.79792717, "yoy_growth_pct": 27.683508259644828, "cagr_3y_pct": 4.399345168092594 }, { "year": 2022, "export_value_usd": 83768430.65675062, "yoy_growth_pct": 76.28006781588765, "cagr_3y_pct": -6.294366067731138 }, { "year": 2023, "export_value_usd": 77670147.4387255, "yoy_growth_pct": -7.2799301242892245, "cagr_3y_pct": 27.792075018226114 }, { "year": 2024, "export_value_usd": 610136786.4470992, "yoy_growth_pct": 685.5486394286044, "cagr_3y_pct": 134.1621408233528 } ], "routeHistoryScope": "Broader BLR to ARE route exports, not only HS 710691." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "CHN", "hs_code": "271112", "your_market_share_pct": 0.00007416470065207345, "your_share_change_pp": 0.00007416470065207345, "market_imports_usd": 12892620207.89072, "market_yoy_growth_pct": -0.30612917530429273, "market_cagr_3y_pct": 5.693786, "top_supplier_iso3": "USA", "top_supplier_share_pct": 52.69939800078214, "your_share_gap_pp": 52.69932383608149, "num_suppliers": 29, "market_hhi": 3238.085308420091, "volatility_mean_usd": 9561.773183390882, "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": 79.61167709990181, "exporter_name": "BLR", "importer_name": "CHN", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-chn-271112" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "CAN", "hs_code": "841191", "your_market_share_pct": 9.962313182723784e-9, "your_share_change_pp": 9.962313182723784e-9, "market_imports_usd": 4188773069.4327626, "market_yoy_growth_pct": 12.260981159320261, "market_cagr_3y_pct": 17.700149, "top_supplier_iso3": "USA", "top_supplier_share_pct": 53.986877948721016, "your_share_gap_pp": 53.9868779387587, "num_suppliers": 80, "market_hhi": 3194.5299786904366, "volatility_mean_usd": 0.41729869169048384, "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": 3.0292277245388965, "exporter_name": "BLR", "importer_name": "Canada", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-can-841191" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "BGR", "hs_code": "270900", "your_market_share_pct": 0.0000017020197290743804, "your_share_change_pp": 0.0000017020197290743804, "market_imports_usd": 2824267714.608452, "market_yoy_growth_pct": -2.7432008053686396, "market_cagr_3y_pct": 16.18862, "top_supplier_iso3": "KAZ", "top_supplier_share_pct": 28.596614231265306, "your_share_gap_pp": 28.596612529245576, "num_suppliers": 33, "market_hhi": 1942.503792607429, "volatility_mean_usd": 48.06959370451396, "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": 33.81624924088258, "exporter_name": "BLR", "importer_name": "BGR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-bgr-270900" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "IND", "hs_code": "850760", "your_market_share_pct": 4.09810956422391e-7, "your_share_change_pp": 4.09810956422391e-7, "market_imports_usd": 2698841884.214921, "market_yoy_growth_pct": -7.980460656750443, "market_cagr_3y_pct": 16.908666, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 84.21781348133136, "your_share_gap_pp": 84.21781307152041, "num_suppliers": 56, "market_hhi": 7147.1142924681335, "volatility_mean_usd": 11.060149738029246, "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": 21.62705400018899, "exporter_name": "BLR", "importer_name": "India", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-ind-850760" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "DEU", "hs_code": "180400", "your_market_share_pct": 0.0001134115464669007, "your_share_change_pp": 0.0001134115464669007, "market_imports_usd": 1876309182.848007, "market_yoy_growth_pct": 116.3880300025653, "market_cagr_3y_pct": 31.39205, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 52.14082297806316, "your_share_gap_pp": 52.1407095665167, "num_suppliers": 78, "market_hhi": 3073.1894375520596, "volatility_mean_usd": 2127.9512607683923, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 66.56331438027765, "exporter_name": "BLR", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-deu-180400" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "DEU", "hs_code": "180100", "your_market_share_pct": 0.00015112736717617518, "your_share_change_pp": 0.00015112736717617518, "market_imports_usd": 1674632671.1630259, "market_yoy_growth_pct": 83.43300778242777, "market_cagr_3y_pct": 26.277439, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 38.45341074912083, "your_share_gap_pp": 38.45325962175365, "num_suppliers": 86, "market_hhi": 2368.8691704200774, "volatility_mean_usd": 2530.8282658007365, "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": 68.06868488200485, "exporter_name": "BLR", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-deu-180100" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "880330", "your_market_share_pct": 0.000793042899165274, "your_share_change_pp": 0.000793042899165274, "market_imports_usd": 1215273500.1667647, "market_yoy_growth_pct": 1.0026491070866284, "market_cagr_3y_pct": 2.939078, "top_supplier_iso3": "USA", "top_supplier_share_pct": 46.98417390466671, "your_share_gap_pp": 46.98338086176754, "num_suppliers": 69, "market_hhi": 2897.830108892147, "volatility_mean_usd": 9637.640198509811, "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": 79.6803153752789, "exporter_name": "BLR", "importer_name": "China, Hong Kong SAR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-hkg-880330" }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "IND", "hs_code": "071310", "your_market_share_pct": 0.08238417806671458, "your_share_change_pp": 0.08238417806671458, "market_imports_usd": 1166681254.466579, "market_yoy_growth_pct": 2270.0692409744966, "market_cagr_3y_pct": 325.339247, "top_supplier_iso3": "CAN", "top_supplier_share_pct": 49.925797587844315, "your_share_gap_pp": 49.8434134097776, "num_suppliers": 27, "market_hhi": 4132.138102127899, "volatility_mean_usd": 961160.7621507258, "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": "BLR", "importer_name": "India", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blr-ind-071310" } ], "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/710691", "workspace": "https://www.yugalinks.com/app?hs=710691", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/blr-are-710691/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/blr-are-710691/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/blr-are-710691/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": "2026-09-02T11:35:45.933Z" }