{
  "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-tha-190190",
  "seo": {
    "title": "BLR to Thailand new corridor | HS 190190 | Yugalinks",
    "description": "Reported new-corridor signal for BLR to Thailand in food preparations (HS 190190), 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-THA-HS 190190",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/blr-tha-190190"
    }
  ],
  "exporter": {
    "iso3": "BLR",
    "country_name": "BLR"
  },
  "importer": {
    "iso3": "THA",
    "country_name": "Thailand"
  },
  "hsCode": "190190",
  "product": "Food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.s. in heading no. 1901",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "BLR",
    "importer_iso3": "THA",
    "hs_code": "190190",
    "your_market_share_pct": 0.00019058669579950964,
    "your_share_change_pp": 0.00019058669579950964,
    "market_imports_usd": 228575086.58689773,
    "market_yoy_growth_pct": 12.255741629707707,
    "market_cagr_3y_pct": 2.175463,
    "top_supplier_iso3": "SGP",
    "top_supplier_share_pct": 45.73280909136319,
    "your_share_gap_pp": 45.732618504667386,
    "num_suppliers": 43,
    "market_hhi": 2591.5255312166587,
    "volatility_mean_usd": 435.63370494683653,
    "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": 52.802345140858684
  },
  "market": {
    "exporter_iso3": "BLR",
    "importer_iso3": "THA",
    "hs_code": "190190",
    "hs_description": "Food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.s. in heading no. 1901",
    "hs_chapter": "19",
    "hs_heading": "1901",
    "price_range_label": "High price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -5.8257985,
    "buyer_imports_latest_usd": 228575086.5868977,
    "buyer_imports_avg_usd": 131884278.96817861,
    "buyer_imports_peak_usd": 262902805.30971396,
    "buyer_cagr_full_pct": 8.8621,
    "buyer_yoy_avg_pct": 11.0746,
    "buyer_yoy_latest_pct": 12.2557,
    "buyer_trend_consistency_pct": 65.5172,
    "buyer_imports_proj_3y_usd": 294888958.18,
    "buyer_imports_proj_5y_usd": 349471359.87,
    "buyer_gdp_mn_latest": 505981.655622,
    "buyer_gdp_pc_latest": 7233,
    "buyer_population_latest": 69950.844,
    "buyer_investment_rate": 25.53,
    "buyer_savings_rate": 30.71,
    "buyer_edu_secondary": 64.74,
    "buyer_gdp_mn_2030_proj": 592008.23,
    "buyer_gdp_pc_2030_proj": 8453.19,
    "buyer_gdp_pc_growth_pct": 16.87,
    "buyer_gdp_mn_growth_pct": 17,
    "buyer_pop_growth_pct": 0.11,
    "exports_latest_usd": 435.63370494683653,
    "exports_avg_usd": 435.63370494683653,
    "exports_peak_usd": 435.63370494683653,
    "share_latest_pct": 0.00019058669579950966,
    "share_avg_pct": 0.00019058669579950966,
    "share_peak_pct": 0.00019058669579950966,
    "share_change_1y_pp": 0.00019058669579950966,
    "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": 45.7326,
    "addressable_proj_3y_usd": 134860442.26,
    "addressable_proj_5y_usd": 159822403.79,
    "peer_best_share_pct": 45.732809091363194,
    "peer_top_exporter": "SGP",
    "num_suppliers_latest": 43,
    "buyer_herfindahl_index": 2591.53,
    "distance_km": 7673.70654296875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0,
    "lane_max_drawdown_pct": 0,
    "signal_flag": "Declining",
    "lane_data_years": 1,
    "lane_last_year": 2024
  },
  "access": {
    "lane_access_data_available": false,
    "exporter_iso3": "BLR",
    "importer_iso3": "THA",
    "hs_code": "190190"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 435.63370494683653,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 2615686.223600553,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 2541768.157141463,
      "yoy_growth_pct": -2.825953120529112,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 3901289.409592477,
      "yoy_growth_pct": 53.48722497098108,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 792159.6627855152,
      "yoy_growth_pct": -79.69492699419438,
      "cagr_3y_pct": -32.84541137844988
    },
    {
      "year": 1999,
      "export_value_usd": 8604575.850454358,
      "yoy_growth_pct": 986.2173693870764,
      "cagr_3y_pct": 50.15201944905483
    },
    {
      "year": 2000,
      "export_value_usd": 10849231.763491575,
      "yoy_growth_pct": 26.08677001689386,
      "cagr_3y_pct": 40.62534664208077
    },
    {
      "year": 2001,
      "export_value_usd": 2991904.8396745627,
      "yoy_growth_pct": -72.42288758414645,
      "cagr_3y_pct": 55.732175572970036
    },
    {
      "year": 2002,
      "export_value_usd": 4113704.715603926,
      "yoy_growth_pct": 37.494503871031704,
      "cagr_3y_pct": -21.806998819399524
    },
    {
      "year": 2003,
      "export_value_usd": 3077666.964998668,
      "yoy_growth_pct": -25.185029607871577,
      "cagr_3y_pct": -34.293619338094615
    },
    {
      "year": 2004,
      "export_value_usd": 5299609.913844402,
      "yoy_growth_pct": 72.1956915454202,
      "cagr_3y_pct": 20.994429416378125
    },
    {
      "year": 2005,
      "export_value_usd": 1881325.4607198038,
      "yoy_growth_pct": -64.50068040281352,
      "cagr_3y_pct": -22.95515138489127
    },
    {
      "year": 2006,
      "export_value_usd": 1235759.7110197272,
      "yoy_growth_pct": -34.314410939459684,
      "cagr_3y_pct": -26.225863260913684
    },
    {
      "year": 2007,
      "export_value_usd": 1967770.0813392517,
      "yoy_growth_pct": 59.23565591206097,
      "cagr_3y_pct": -28.125172328705073
    },
    {
      "year": 2008,
      "export_value_usd": 7617015.50608276,
      "yoy_growth_pct": 287.0886938629877,
      "cagr_3y_pct": 59.38237799089623
    },
    {
      "year": 2009,
      "export_value_usd": 7818221.261586377,
      "yoy_growth_pct": 2.641530076221321,
      "cagr_3y_pct": 84.95154989256856
    },
    {
      "year": 2010,
      "export_value_usd": 46462029.399477445,
      "yoy_growth_pct": 494.27877320077204,
      "cagr_3y_pct": 186.8850655938022
    },
    {
      "year": 2011,
      "export_value_usd": 80025581.73641065,
      "yoy_growth_pct": 72.23867052460409,
      "cagr_3y_pct": 119.01876886103668
    },
    {
      "year": 2012,
      "export_value_usd": 78073742.61357658,
      "yoy_growth_pct": -2.4390189742863333,
      "cagr_3y_pct": 115.34378746614924
    },
    {
      "year": 2013,
      "export_value_usd": 54471786.815800294,
      "yoy_growth_pct": -30.23033738063946,
      "cagr_3y_pct": 5.444633601623927
    },
    {
      "year": 2014,
      "export_value_usd": 64606889.25422964,
      "yoy_growth_pct": 18.60615013915703,
      "cagr_3y_pct": -6.88563977682457
    },
    {
      "year": 2015,
      "export_value_usd": 71043246.88647851,
      "yoy_growth_pct": 9.962339475781977,
      "cagr_3y_pct": -3.0965436518714973
    },
    {
      "year": 2016,
      "export_value_usd": 58402001.567649744,
      "yoy_growth_pct": -17.79373251201268,
      "cagr_3y_pct": 2.3494162580696143
    },
    {
      "year": 2017,
      "export_value_usd": 56368769.32438837,
      "yoy_growth_pct": -3.481442739434515,
      "cagr_3y_pct": -4.445038731953521
    },
    {
      "year": 2018,
      "export_value_usd": 83776110.25420979,
      "yoy_growth_pct": 48.6214995613953,
      "cagr_3y_pct": 5.649098789574292
    },
    {
      "year": 2019,
      "export_value_usd": 50724291.33812692,
      "yoy_growth_pct": -39.452558510762316,
      "cagr_3y_pct": -4.589518942873527
    },
    {
      "year": 2020,
      "export_value_usd": 52263085.334355354,
      "yoy_growth_pct": 3.0336431631363237,
      "cagr_3y_pct": -2.4893247674875107
    },
    {
      "year": 2021,
      "export_value_usd": 198050716.6958995,
      "yoy_growth_pct": 278.9495308760695,
      "cagr_3y_pct": 33.21467678999275
    },
    {
      "year": 2022,
      "export_value_usd": 100632342.37663335,
      "yoy_growth_pct": -49.18859974076687,
      "cagr_3y_pct": 25.65329005592327
    },
    {
      "year": 2023,
      "export_value_usd": 45139644.96373342,
      "yoy_growth_pct": -55.14399854194912,
      "cagr_3y_pct": -4.766949005155984
    },
    {
      "year": 2024,
      "export_value_usd": 102926924.80116236,
      "yoy_growth_pct": 128.01890640446337,
      "cagr_3y_pct": -19.600960638278487
    }
  ],
  "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": "Thailand",
        "imports": "$228.6M",
        "year": 2024,
        "annualChange": "+12.3%"
      },
      "exporterPosition": {
        "exporter": "BLR",
        "routeExports": "$435.6",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "53/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$228.6M",
      "projectionThreeYears": "$294.9M",
      "supplierCount": "43",
      "averageImports": "$131.9M",
      "historicalPeak": "$262.9M",
      "fullHistoryGrowth": "+8.9%",
      "latestAnnualChange": "+12.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "SGP",
        "iso3": "SGP",
        "share": "45.7%"
      },
      "marketConcentrationHhi": "2,592",
      "exporterShare": "0.0%",
      "shareGap": "45.7%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "7,674 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "6 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$7.2K",
      "gdpPerPersonGrowth": "+16.9%",
      "populationThousands": "69,951",
      "gdp": "$506.0B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "25.5%",
      "savingsRate": "30.7%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 435.63370494683653,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 2615686.223600553,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 2541768.157141463,
          "yoy_growth_pct": -2.825953120529112,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 3901289.409592477,
          "yoy_growth_pct": 53.48722497098108,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 792159.6627855152,
          "yoy_growth_pct": -79.69492699419438,
          "cagr_3y_pct": -32.84541137844988
        },
        {
          "year": 1999,
          "export_value_usd": 8604575.850454358,
          "yoy_growth_pct": 986.2173693870764,
          "cagr_3y_pct": 50.15201944905483
        },
        {
          "year": 2000,
          "export_value_usd": 10849231.763491575,
          "yoy_growth_pct": 26.08677001689386,
          "cagr_3y_pct": 40.62534664208077
        },
        {
          "year": 2001,
          "export_value_usd": 2991904.8396745627,
          "yoy_growth_pct": -72.42288758414645,
          "cagr_3y_pct": 55.732175572970036
        },
        {
          "year": 2002,
          "export_value_usd": 4113704.715603926,
          "yoy_growth_pct": 37.494503871031704,
          "cagr_3y_pct": -21.806998819399524
        },
        {
          "year": 2003,
          "export_value_usd": 3077666.964998668,
          "yoy_growth_pct": -25.185029607871577,
          "cagr_3y_pct": -34.293619338094615
        },
        {
          "year": 2004,
          "export_value_usd": 5299609.913844402,
          "yoy_growth_pct": 72.1956915454202,
          "cagr_3y_pct": 20.994429416378125
        },
        {
          "year": 2005,
          "export_value_usd": 1881325.4607198038,
          "yoy_growth_pct": -64.50068040281352,
          "cagr_3y_pct": -22.95515138489127
        },
        {
          "year": 2006,
          "export_value_usd": 1235759.7110197272,
          "yoy_growth_pct": -34.314410939459684,
          "cagr_3y_pct": -26.225863260913684
        },
        {
          "year": 2007,
          "export_value_usd": 1967770.0813392517,
          "yoy_growth_pct": 59.23565591206097,
          "cagr_3y_pct": -28.125172328705073
        },
        {
          "year": 2008,
          "export_value_usd": 7617015.50608276,
          "yoy_growth_pct": 287.0886938629877,
          "cagr_3y_pct": 59.38237799089623
        },
        {
          "year": 2009,
          "export_value_usd": 7818221.261586377,
          "yoy_growth_pct": 2.641530076221321,
          "cagr_3y_pct": 84.95154989256856
        },
        {
          "year": 2010,
          "export_value_usd": 46462029.399477445,
          "yoy_growth_pct": 494.27877320077204,
          "cagr_3y_pct": 186.8850655938022
        },
        {
          "year": 2011,
          "export_value_usd": 80025581.73641065,
          "yoy_growth_pct": 72.23867052460409,
          "cagr_3y_pct": 119.01876886103668
        },
        {
          "year": 2012,
          "export_value_usd": 78073742.61357658,
          "yoy_growth_pct": -2.4390189742863333,
          "cagr_3y_pct": 115.34378746614924
        },
        {
          "year": 2013,
          "export_value_usd": 54471786.815800294,
          "yoy_growth_pct": -30.23033738063946,
          "cagr_3y_pct": 5.444633601623927
        },
        {
          "year": 2014,
          "export_value_usd": 64606889.25422964,
          "yoy_growth_pct": 18.60615013915703,
          "cagr_3y_pct": -6.88563977682457
        },
        {
          "year": 2015,
          "export_value_usd": 71043246.88647851,
          "yoy_growth_pct": 9.962339475781977,
          "cagr_3y_pct": -3.0965436518714973
        },
        {
          "year": 2016,
          "export_value_usd": 58402001.567649744,
          "yoy_growth_pct": -17.79373251201268,
          "cagr_3y_pct": 2.3494162580696143
        },
        {
          "year": 2017,
          "export_value_usd": 56368769.32438837,
          "yoy_growth_pct": -3.481442739434515,
          "cagr_3y_pct": -4.445038731953521
        },
        {
          "year": 2018,
          "export_value_usd": 83776110.25420979,
          "yoy_growth_pct": 48.6214995613953,
          "cagr_3y_pct": 5.649098789574292
        },
        {
          "year": 2019,
          "export_value_usd": 50724291.33812692,
          "yoy_growth_pct": -39.452558510762316,
          "cagr_3y_pct": -4.589518942873527
        },
        {
          "year": 2020,
          "export_value_usd": 52263085.334355354,
          "yoy_growth_pct": 3.0336431631363237,
          "cagr_3y_pct": -2.4893247674875107
        },
        {
          "year": 2021,
          "export_value_usd": 198050716.6958995,
          "yoy_growth_pct": 278.9495308760695,
          "cagr_3y_pct": 33.21467678999275
        },
        {
          "year": 2022,
          "export_value_usd": 100632342.37663335,
          "yoy_growth_pct": -49.18859974076687,
          "cagr_3y_pct": 25.65329005592327
        },
        {
          "year": 2023,
          "export_value_usd": 45139644.96373342,
          "yoy_growth_pct": -55.14399854194912,
          "cagr_3y_pct": -4.766949005155984
        },
        {
          "year": 2024,
          "export_value_usd": 102926924.80116236,
          "yoy_growth_pct": 128.01890640446337,
          "cagr_3y_pct": -19.600960638278487
        }
      ],
      "routeHistoryScope": "Broader BLR to Thailand route exports, not only HS 190190."
    },
    "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/190190",
    "workspace": "https://www.yugalinks.com/app?hs=190190",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/blr-tha-190190/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/blr-tha-190190/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/blr-tha-190190/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": "2026-09-02T11:36:04.328Z"
}