{
  "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-lux-300490",
  "seo": {
    "title": "BLR to LUX new corridor | HS 300490 | Yugalinks",
    "description": "Reported new-corridor signal for BLR to LUX in medicaments (HS 300490), 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-LUX-HS 300490",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/blr-lux-300490"
    }
  ],
  "exporter": {
    "iso3": "BLR",
    "country_name": "BLR"
  },
  "importer": {
    "iso3": "LUX",
    "country_name": "LUX"
  },
  "hsCode": "300490",
  "product": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "BLR",
    "importer_iso3": "LUX",
    "hs_code": "300490",
    "your_market_share_pct": 0.000016837680540036208,
    "your_share_change_pp": 0.000016837680540036208,
    "market_imports_usd": 577831079.0386306,
    "market_yoy_growth_pct": 14.004758628826686,
    "market_cagr_3y_pct": 9.888365,
    "top_supplier_iso3": "BEL",
    "top_supplier_share_pct": 81.50800661250193,
    "your_share_gap_pp": 81.5079897748214,
    "num_suppliers": 66,
    "market_hhi": 6730.433327845744,
    "volatility_mean_usd": 97.29335114956874,
    "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": 39.85048283747433
  },
  "market": {
    "exporter_iso3": "BLR",
    "importer_iso3": "LUX",
    "hs_code": "300490",
    "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
    "hs_chapter": "30",
    "hs_heading": "3004",
    "price_range_label": "High price range",
    "trade_type_label": "Two-way vertical trade",
    "substitution_elasticity": -21.420544,
    "buyer_imports_latest_usd": 577831079.0386306,
    "buyer_imports_avg_usd": 294142669.10021824,
    "buyer_imports_peak_usd": 577831079.0386306,
    "buyer_cagr_full_pct": 6.7913,
    "buyer_yoy_avg_pct": 7.4066,
    "buyer_yoy_latest_pct": 14.0048,
    "buyer_trend_consistency_pct": 76,
    "buyer_imports_proj_3y_usd": 703734315.72,
    "buyer_imports_proj_5y_usd": 802565740.04,
    "buyer_gdp_mn_latest": 86710.80333699999,
    "buyer_gdp_pc_latest": 135683,
    "buyer_population_latest": 639.07,
    "buyer_investment_rate": 21.99,
    "buyer_savings_rate": 54.05,
    "buyer_edu_secondary": 86.05,
    "buyer_gdp_mn_2030_proj": 97803.23,
    "buyer_gdp_pc_2030_proj": 145229.47,
    "buyer_gdp_pc_growth_pct": 7.04,
    "buyer_gdp_mn_growth_pct": 12.79,
    "buyer_pop_growth_pct": 5.38,
    "exports_latest_usd": 97.29335114956874,
    "exports_avg_usd": 97.29335114956874,
    "exports_peak_usd": 97.29335114956874,
    "share_latest_pct": 0.00001683768054003621,
    "share_avg_pct": 0.00001683768054003621,
    "share_peak_pct": 0.00001683768054003621,
    "share_change_1y_pp": 0.00001683768054003621,
    "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": 81.508,
    "addressable_proj_3y_usd": 573599694.1,
    "addressable_proj_5y_usd": 654155201.33,
    "peer_best_share_pct": 81.50800661250193,
    "peer_top_exporter": "BEL",
    "num_suppliers_latest": 66,
    "buyer_herfindahl_index": 6730.43,
    "distance_km": 1539.1788330078125,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 16.5,
    "shared_legal_system": 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": "BLR",
    "importer_iso3": "LUX",
    "hs_code": "300490"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 97.29335114956874,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1999,
      "export_value_usd": 4230528.481745465,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "export_value_usd": 4242749.28257981,
      "yoy_growth_pct": 0.288871730496032,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "export_value_usd": 3232421.6457646987,
      "yoy_growth_pct": -23.813041250478516,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "export_value_usd": 3613104.610698762,
      "yoy_growth_pct": 11.777020656722037,
      "cagr_3y_pct": -5.122775639115151
    },
    {
      "year": 2003,
      "export_value_usd": 4160751.019492468,
      "yoy_growth_pct": 15.157225372663463,
      "cagr_3y_pct": -0.6484180815476526
    },
    {
      "year": 2004,
      "export_value_usd": 4908860.372862645,
      "yoy_growth_pct": 17.98015189722726,
      "cagr_3y_pct": 14.943448958664195
    },
    {
      "year": 2005,
      "export_value_usd": 4988650.189821956,
      "yoy_growth_pct": 1.6254244549388286,
      "cagr_3y_pct": 11.352722216581746
    },
    {
      "year": 2006,
      "export_value_usd": 4081306.8752820618,
      "yoy_growth_pct": -18.188152706940485,
      "cagr_3y_pct": -0.6405510624767907
    },
    {
      "year": 2007,
      "export_value_usd": 3784665.730221661,
      "yoy_growth_pct": -7.268288176441029,
      "cagr_3y_pct": -8.304304381140405
    },
    {
      "year": 2008,
      "export_value_usd": 5384396.540364732,
      "yoy_growth_pct": 42.2687477355993,
      "cagr_3y_pct": 2.5773152843572067
    },
    {
      "year": 2009,
      "export_value_usd": 1609710.8149419995,
      "yoy_growth_pct": -70.10415553767963,
      "cagr_3y_pct": -26.664171334588193
    },
    {
      "year": 2010,
      "export_value_usd": 3060954.501625998,
      "yoy_growth_pct": 90.15555298585039,
      "cagr_3y_pct": -6.829924194099435
    },
    {
      "year": 2011,
      "export_value_usd": 3787502.143922019,
      "yoy_growth_pct": 23.735983070315946,
      "cagr_3y_pct": -11.06515545495067
    },
    {
      "year": 2012,
      "export_value_usd": 2748568.557512915,
      "yoy_growth_pct": -27.43057421304246,
      "cagr_3y_pct": 19.5233904565449
    },
    {
      "year": 2013,
      "export_value_usd": 5367679.397732591,
      "yoy_growth_pct": 95.28999497067736,
      "cagr_3y_pct": 20.589612055698314
    },
    {
      "year": 2014,
      "export_value_usd": 4864895.013419151,
      "yoy_growth_pct": -9.366885520879386,
      "cagr_3y_pct": 8.702665868487202
    },
    {
      "year": 2015,
      "export_value_usd": 2296145.596009517,
      "yoy_growth_pct": -52.80174413474676,
      "cagr_3y_pct": -5.818786286884747
    },
    {
      "year": 2016,
      "export_value_usd": 3061304.5732547333,
      "yoy_growth_pct": 33.323626279404486,
      "cagr_3y_pct": -17.070956297810667
    },
    {
      "year": 2017,
      "export_value_usd": 2974761.935146878,
      "yoy_growth_pct": -2.826985555894701,
      "cagr_3y_pct": -15.122434504173576
    },
    {
      "year": 2018,
      "export_value_usd": 1642646.1474338453,
      "yoy_growth_pct": -44.780584690628686,
      "cagr_3y_pct": -10.563485514124082
    },
    {
      "year": 2019,
      "export_value_usd": 813790.4912985002,
      "yoy_growth_pct": -50.45856391105229,
      "cagr_3y_pct": -35.70132499097603
    },
    {
      "year": 2020,
      "export_value_usd": 1043349.3980245653,
      "yoy_growth_pct": 28.20860027004941,
      "cagr_3y_pct": -29.477800103407947
    },
    {
      "year": 2021,
      "export_value_usd": 1278782.245190408,
      "yoy_growth_pct": 22.56510116472983,
      "cagr_3y_pct": -8.007830863287813
    },
    {
      "year": 2022,
      "export_value_usd": 1396877.0690273661,
      "yoy_growth_pct": 9.23494396963369,
      "cagr_3y_pct": 19.73336615987533
    },
    {
      "year": 2023,
      "export_value_usd": 1275002.9056191044,
      "yoy_growth_pct": -8.724759401564352,
      "cagr_3y_pct": 6.9121676286296285
    },
    {
      "year": 2024,
      "export_value_usd": 4452181.178561759,
      "yoy_growth_pct": 249.18988489676494,
      "cagr_3y_pct": 51.56261059021294
    }
  ],
  "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": "LUX",
        "imports": "$577.8M",
        "year": 2024,
        "annualChange": "+14.0%"
      },
      "exporterPosition": {
        "exporter": "BLR",
        "routeExports": "$97.3",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "40/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$577.8M",
      "projectionThreeYears": "$703.7M",
      "supplierCount": "66",
      "averageImports": "$294.1M",
      "historicalPeak": "$577.8M",
      "fullHistoryGrowth": "+6.8%",
      "latestAnnualChange": "+14.0%"
    },
    "competition": {
      "topSupplier": {
        "country": "Belgium",
        "iso3": "BEL",
        "share": "81.5%"
      },
      "marketConcentrationHhi": "6,730",
      "exporterShare": "0.0%",
      "shareGap": "81.5%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "1,539 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "16.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$135.7K",
      "gdpPerPersonGrowth": "+7.0%",
      "populationThousands": "639",
      "gdp": "$86.7B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.0%",
      "savingsRate": "54.0%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 97.29335114956874,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1999,
          "export_value_usd": 4230528.481745465,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 2000,
          "export_value_usd": 4242749.28257981,
          "yoy_growth_pct": 0.288871730496032,
          "cagr_3y_pct": null
        },
        {
          "year": 2001,
          "export_value_usd": 3232421.6457646987,
          "yoy_growth_pct": -23.813041250478516,
          "cagr_3y_pct": null
        },
        {
          "year": 2002,
          "export_value_usd": 3613104.610698762,
          "yoy_growth_pct": 11.777020656722037,
          "cagr_3y_pct": -5.122775639115151
        },
        {
          "year": 2003,
          "export_value_usd": 4160751.019492468,
          "yoy_growth_pct": 15.157225372663463,
          "cagr_3y_pct": -0.6484180815476526
        },
        {
          "year": 2004,
          "export_value_usd": 4908860.372862645,
          "yoy_growth_pct": 17.98015189722726,
          "cagr_3y_pct": 14.943448958664195
        },
        {
          "year": 2005,
          "export_value_usd": 4988650.189821956,
          "yoy_growth_pct": 1.6254244549388286,
          "cagr_3y_pct": 11.352722216581746
        },
        {
          "year": 2006,
          "export_value_usd": 4081306.8752820618,
          "yoy_growth_pct": -18.188152706940485,
          "cagr_3y_pct": -0.6405510624767907
        },
        {
          "year": 2007,
          "export_value_usd": 3784665.730221661,
          "yoy_growth_pct": -7.268288176441029,
          "cagr_3y_pct": -8.304304381140405
        },
        {
          "year": 2008,
          "export_value_usd": 5384396.540364732,
          "yoy_growth_pct": 42.2687477355993,
          "cagr_3y_pct": 2.5773152843572067
        },
        {
          "year": 2009,
          "export_value_usd": 1609710.8149419995,
          "yoy_growth_pct": -70.10415553767963,
          "cagr_3y_pct": -26.664171334588193
        },
        {
          "year": 2010,
          "export_value_usd": 3060954.501625998,
          "yoy_growth_pct": 90.15555298585039,
          "cagr_3y_pct": -6.829924194099435
        },
        {
          "year": 2011,
          "export_value_usd": 3787502.143922019,
          "yoy_growth_pct": 23.735983070315946,
          "cagr_3y_pct": -11.06515545495067
        },
        {
          "year": 2012,
          "export_value_usd": 2748568.557512915,
          "yoy_growth_pct": -27.43057421304246,
          "cagr_3y_pct": 19.5233904565449
        },
        {
          "year": 2013,
          "export_value_usd": 5367679.397732591,
          "yoy_growth_pct": 95.28999497067736,
          "cagr_3y_pct": 20.589612055698314
        },
        {
          "year": 2014,
          "export_value_usd": 4864895.013419151,
          "yoy_growth_pct": -9.366885520879386,
          "cagr_3y_pct": 8.702665868487202
        },
        {
          "year": 2015,
          "export_value_usd": 2296145.596009517,
          "yoy_growth_pct": -52.80174413474676,
          "cagr_3y_pct": -5.818786286884747
        },
        {
          "year": 2016,
          "export_value_usd": 3061304.5732547333,
          "yoy_growth_pct": 33.323626279404486,
          "cagr_3y_pct": -17.070956297810667
        },
        {
          "year": 2017,
          "export_value_usd": 2974761.935146878,
          "yoy_growth_pct": -2.826985555894701,
          "cagr_3y_pct": -15.122434504173576
        },
        {
          "year": 2018,
          "export_value_usd": 1642646.1474338453,
          "yoy_growth_pct": -44.780584690628686,
          "cagr_3y_pct": -10.563485514124082
        },
        {
          "year": 2019,
          "export_value_usd": 813790.4912985002,
          "yoy_growth_pct": -50.45856391105229,
          "cagr_3y_pct": -35.70132499097603
        },
        {
          "year": 2020,
          "export_value_usd": 1043349.3980245653,
          "yoy_growth_pct": 28.20860027004941,
          "cagr_3y_pct": -29.477800103407947
        },
        {
          "year": 2021,
          "export_value_usd": 1278782.245190408,
          "yoy_growth_pct": 22.56510116472983,
          "cagr_3y_pct": -8.007830863287813
        },
        {
          "year": 2022,
          "export_value_usd": 1396877.0690273661,
          "yoy_growth_pct": 9.23494396963369,
          "cagr_3y_pct": 19.73336615987533
        },
        {
          "year": 2023,
          "export_value_usd": 1275002.9056191044,
          "yoy_growth_pct": -8.724759401564352,
          "cagr_3y_pct": 6.9121676286296285
        },
        {
          "year": 2024,
          "export_value_usd": 4452181.178561759,
          "yoy_growth_pct": 249.18988489676494,
          "cagr_3y_pct": 51.56261059021294
        }
      ],
      "routeHistoryScope": "Broader BLR to LUX route exports, not only HS 300490."
    },
    "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/300490",
    "workspace": "https://www.yugalinks.com/app?hs=300490",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/blr-lux-300490/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/blr-lux-300490/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/blr-lux-300490/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": "2026-09-02T11:35:59.333Z"
}