{
  "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/blz-prt-890190",
  "seo": {
    "title": "Belize to Portugal new corridor | HS 890190 | Yugalinks",
    "description": "Reported new-corridor signal for Belize to Portugal in vessels (HS 890190), 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": "BLZ-PRT-HS 890190",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/blz-prt-890190"
    }
  ],
  "exporter": {
    "iso3": "BLZ",
    "country_name": "Belize"
  },
  "importer": {
    "iso3": "PRT",
    "country_name": "Portugal"
  },
  "hsCode": "890190",
  "product": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "BLZ",
    "importer_iso3": "PRT",
    "hs_code": "890190",
    "your_market_share_pct": 0.0014307839053156245,
    "your_share_change_pp": 0.0014307839053156245,
    "market_imports_usd": 612783429.3290316,
    "market_yoy_growth_pct": 244.74311794627198,
    "market_cagr_3y_pct": 42.153186,
    "top_supplier_iso3": "KOR",
    "top_supplier_share_pct": 60.284879099884826,
    "your_share_gap_pp": 60.28344831597951,
    "num_suppliers": 11,
    "market_hhi": 4747.780988912235,
    "volatility_mean_usd": 8767.606681280928,
    "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": 78.85861180186066
  },
  "market": {
    "exporter_iso3": "BLZ",
    "importer_iso3": "PRT",
    "hs_code": "890190",
    "hs_description": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods",
    "hs_chapter": "89",
    "hs_heading": "8901",
    "price_range_label": "Unclassified",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -10.894217,
    "buyer_imports_latest_usd": 612783429.3290317,
    "buyer_imports_avg_usd": 164455716.81729853,
    "buyer_imports_peak_usd": 1170381220.7577012,
    "buyer_cagr_full_pct": 10.3823,
    "buyer_yoy_avg_pct": 129.5297,
    "buyer_yoy_latest_pct": 244.7431,
    "buyer_trend_consistency_pct": 44.8276,
    "buyer_imports_proj_3y_usd": 824147204.93,
    "buyer_imports_proj_5y_usd": 1004160903.4,
    "buyer_gdp_mn_latest": 249886.464355,
    "buyer_gdp_pc_latest": 24262,
    "buyer_population_latest": 10299.423,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 19.26,
    "buyer_edu_secondary": 69.12,
    "buyer_gdp_mn_2030_proj": 254408.44,
    "buyer_gdp_pc_2030_proj": 25136.66,
    "buyer_gdp_pc_growth_pct": 3.61,
    "buyer_gdp_mn_growth_pct": 1.81,
    "buyer_pop_growth_pct": -1.73,
    "exports_latest_usd": 8767.606681280928,
    "exports_avg_usd": 8767.606681280928,
    "exports_peak_usd": 8767.606681280928,
    "share_latest_pct": 0.001430783905315624,
    "share_avg_pct": 0.001430783905315624,
    "share_peak_pct": 0.001430783905315624,
    "share_change_1y_pp": 0.001430783905315624,
    "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": 60.2834,
    "addressable_proj_3y_usd": 496824354.33,
    "addressable_proj_5y_usd": 605342819.21,
    "peer_best_share_pct": 60.28487909988481,
    "peer_top_exporter": "KOR",
    "num_suppliers_latest": 11,
    "buyer_herfindahl_index": 4747.78,
    "distance_km": 7947.48583984375,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.2909451425075531,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 6.5,
    "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": "BLZ",
    "importer_iso3": "PRT",
    "hs_code": "890190"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 8767.606681280928,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 3670066.03359223,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 1971765.8556071513,
      "yoy_growth_pct": -46.2743766035947,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 23797.659146281654,
      "yoy_growth_pct": -98.79307884967133,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 2181390.938138404,
      "yoy_growth_pct": 9066.409707482691,
      "cagr_3y_pct": -15.921192753121883
    },
    {
      "year": 1999,
      "export_value_usd": 316802.9071567599,
      "yoy_growth_pct": -85.47702286564373,
      "cagr_3y_pct": -45.636016479893726
    },
    {
      "year": 2000,
      "export_value_usd": 2799889.564453366,
      "yoy_growth_pct": 783.7954138684497,
      "cagr_3y_pct": 390.0069283430709
    },
    {
      "year": 2001,
      "export_value_usd": 1157024.2102534513,
      "yoy_growth_pct": -58.67607690879259,
      "cagr_3y_pct": -19.052585710658533
    },
    {
      "year": 2002,
      "export_value_usd": 18130.181495780893,
      "yoy_growth_pct": -98.4330335238353,
      "cagr_3y_pct": -61.463612724529135
    },
    {
      "year": 2004,
      "export_value_usd": 3276709.2924889335,
      "yoy_growth_pct": 17973.22940066244,
      "cagr_3y_pct": 5.381814054630252
    },
    {
      "year": 2005,
      "export_value_usd": 96135.68072436591,
      "yoy_growth_pct": -97.06609063719098,
      "cagr_3y_pct": -56.36375349548308
    },
    {
      "year": 2006,
      "export_value_usd": 8296017.642075432,
      "yoy_growth_pct": 8529.488634777805,
      "cagr_3y_pct": 670.5884673781272
    },
    {
      "year": 2007,
      "export_value_usd": 8151794.066664729,
      "yoy_growth_pct": -1.7384675591724297,
      "cagr_3y_pct": 35.499729750367884
    },
    {
      "year": 2008,
      "export_value_usd": 4158522.6110708965,
      "yoy_growth_pct": -48.98641235214204,
      "cagr_3y_pct": 251.03586252550812
    },
    {
      "year": 2009,
      "export_value_usd": 970456.8814978517,
      "yoy_growth_pct": -76.66342179036653,
      "cagr_3y_pct": -51.093243761986606
    },
    {
      "year": 2010,
      "export_value_usd": 286258.05474225234,
      "yoy_growth_pct": -70.50275388841311,
      "cagr_3y_pct": -67.25325243593947
    },
    {
      "year": 2011,
      "export_value_usd": 198852.5564872076,
      "yoy_growth_pct": -30.533812693496067,
      "cagr_3y_pct": -63.70355948242539
    },
    {
      "year": 2012,
      "export_value_usd": 5762896.441338732,
      "yoy_growth_pct": 2798.07510808113,
      "cagr_3y_pct": 81.08738214838156
    },
    {
      "year": 2013,
      "export_value_usd": 5880310.773950989,
      "yoy_growth_pct": 2.0374187495373786,
      "cagr_3y_pct": 173.87192925001602
    },
    {
      "year": 2014,
      "export_value_usd": 481758.85364798264,
      "yoy_growth_pct": -91.80725522565726,
      "cagr_3y_pct": 34.307266035503936
    },
    {
      "year": 2015,
      "export_value_usd": 488484.76474245515,
      "yoy_growth_pct": 1.3961157212872166,
      "cagr_3y_pct": -56.072474866498666
    },
    {
      "year": 2016,
      "export_value_usd": 1155156.1275653287,
      "yoy_growth_pct": 136.47741156765946,
      "cagr_3y_pct": -41.86824038180483
    },
    {
      "year": 2017,
      "export_value_usd": 6042890.946252965,
      "yoy_growth_pct": 423.12330792802,
      "cagr_3y_pct": 132.34768550000342
    },
    {
      "year": 2018,
      "export_value_usd": 3338712.4419631013,
      "yoy_growth_pct": -44.74974856143403,
      "cagr_3y_pct": 89.77660109568286
    },
    {
      "year": 2019,
      "export_value_usd": 4143908.2458480485,
      "yoy_growth_pct": 24.116955799029725,
      "cagr_3y_pct": 53.081654769977774
    },
    {
      "year": 2020,
      "export_value_usd": 13018842.147903334,
      "yoy_growth_pct": 214.16820488116372,
      "cagr_3y_pct": 29.15439860139093
    },
    {
      "year": 2021,
      "export_value_usd": 5178844.157150551,
      "yoy_growth_pct": -60.22039365471071,
      "cagr_3y_pct": 15.758069541939212
    },
    {
      "year": 2022,
      "export_value_usd": 5295634.5547260335,
      "yoy_growth_pct": 2.2551440829557956,
      "cagr_3y_pct": 8.518211010557586
    },
    {
      "year": 2023,
      "export_value_usd": 10347049.16336694,
      "yoy_growth_pct": 95.388277956847,
      "cagr_3y_pct": -7.370770735656674
    },
    {
      "year": 2024,
      "export_value_usd": 2201710.725631952,
      "yoy_growth_pct": -78.72136595787167,
      "cagr_3y_pct": -24.807278251822808
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "ARE",
      "hs_code": "271019",
      "your_market_share_pct": 0.00004022064659084663,
      "your_share_change_pp": 0.00004022064659084663,
      "market_imports_usd": 5315003038.003537,
      "market_yoy_growth_pct": -0.18285713426450245,
      "market_cagr_3y_pct": 0.564235,
      "top_supplier_iso3": "IND",
      "top_supplier_share_pct": 27.764408884920254,
      "your_share_gap_pp": 27.764368664273665,
      "num_suppliers": 114,
      "market_hhi": 1309.2005450142992,
      "volatility_mean_usd": 2137.7285882081646,
      "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": 66.6031134929975,
      "exporter_name": "Belize",
      "importer_name": "ARE",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "KOR",
      "hs_code": "870340",
      "your_market_share_pct": 0.0008964733245050824,
      "your_share_change_pp": 0.0008964733245050824,
      "market_imports_usd": 2835917622.1888866,
      "market_yoy_growth_pct": 1.6134038503236248,
      "market_cagr_3y_pct": 2.180423,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 42.85900782811753,
      "your_share_gap_pp": 42.858111354793024,
      "num_suppliers": 25,
      "market_hhi": 2715.8982826663214,
      "volatility_mean_usd": 25423.244987862196,
      "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": 88.10496129484636,
      "exporter_name": "Belize",
      "importer_name": "KOR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "FRA",
      "hs_code": "870840",
      "your_market_share_pct": 0.000008310716591357997,
      "your_share_change_pp": 0.000008310716591357997,
      "market_imports_usd": 2040060779.926523,
      "market_yoy_growth_pct": 8.389756041163432,
      "market_cagr_3y_pct": -0.419338,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 24.421159582763384,
      "your_share_gap_pp": 24.421151272046792,
      "num_suppliers": 98,
      "market_hhi": 1152.439598580665,
      "volatility_mean_usd": 169.54366971114092,
      "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": 44.636712075508285,
      "exporter_name": "Belize",
      "importer_name": "France",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "MYS",
      "hs_code": "851762",
      "your_market_share_pct": 0.00001534755508654,
      "your_share_change_pp": 0.00001534755508654,
      "market_imports_usd": 1938411597.2555487,
      "market_yoy_growth_pct": 10.93114098186363,
      "market_cagr_3y_pct": 9.998642,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 41.75629497559749,
      "your_share_gap_pp": 41.75627962804241,
      "num_suppliers": 87,
      "market_hhi": 2149.658775841264,
      "volatility_mean_usd": 297.49878769267525,
      "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": 49.49885143296265,
      "exporter_name": "Belize",
      "importer_name": "Malaysia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "DEU",
      "hs_code": "180400",
      "your_market_share_pct": 5.203630197185765e-7,
      "your_share_change_pp": 5.203630197185765e-7,
      "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": 52.140822457700146,
      "num_suppliers": 78,
      "market_hhi": 3073.1894375520596,
      "volatility_mean_usd": 9.763619123124837,
      "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": 20.63916643205406,
      "exporter_name": "Belize",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "TWN",
      "hs_code": "852351",
      "your_market_share_pct": 0.00002265672384111092,
      "your_share_change_pp": 0.00002265672384111092,
      "market_imports_usd": 1811967890.754829,
      "market_yoy_growth_pct": 45.541592557563604,
      "market_cagr_3y_pct": 3.24174,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 25.783631067839853,
      "your_share_gap_pp": 25.78360841111601,
      "num_suppliers": 64,
      "market_hhi": 1498.5980517342987,
      "volatility_mean_usd": 410.532561097924,
      "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": 52.2880840592868,
      "exporter_name": "Belize",
      "importer_name": "Taiwan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "GBR",
      "hs_code": "180690",
      "your_market_share_pct": 0.0000012499409437120833,
      "your_share_change_pp": 0.0000012499409437120833,
      "market_imports_usd": 1578623511.9580538,
      "market_yoy_growth_pct": 12.239149035567397,
      "market_cagr_3y_pct": 13.007254,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 22.6513368391299,
      "your_share_gap_pp": 22.651335589188957,
      "num_suppliers": 101,
      "market_hhi": 1264.6486820846806,
      "volatility_mean_usd": 19.73186162302933,
      "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": 26.33276602866789,
      "exporter_name": "Belize",
      "importer_name": "GBR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BLZ",
      "importer_iso3": "ESP",
      "hs_code": "853710",
      "your_market_share_pct": 0.00004519900723585598,
      "your_share_change_pp": 0.00004519900723585598,
      "market_imports_usd": 1527863389.574225,
      "market_yoy_growth_pct": -3.059621119359446,
      "market_cagr_3y_pct": 8.659229,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 23.39916021031198,
      "your_share_gap_pp": 23.399115011304744,
      "num_suppliers": 110,
      "market_hhi": 984.0009691829575,
      "volatility_mean_usd": 690.5790840076485,
      "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": 56.79683700153963,
      "exporter_name": "Belize",
      "importer_name": "Spain",
      "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": "Portugal",
        "imports": "$612.8M",
        "year": 2024,
        "annualChange": "+244.7%"
      },
      "exporterPosition": {
        "exporter": "Belize",
        "routeExports": "$8.8K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "79/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$612.8M",
      "projectionThreeYears": "$824.1M",
      "supplierCount": "11",
      "averageImports": "$164.5M",
      "historicalPeak": "$1.2B",
      "fullHistoryGrowth": "+10.4%",
      "latestAnnualChange": "+244.7%"
    },
    "competition": {
      "topSupplier": {
        "country": "KOR",
        "iso3": "KOR",
        "share": "60.3%"
      },
      "marketConcentrationHhi": "4,748",
      "exporterShare": "0.0%",
      "shareGap": "60.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "7,947 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "6.5 days",
      "sharedSpokenLanguageScore": "0.3"
    },
    "economy": {
      "gdpPerPerson": "$24.3K",
      "gdpPerPersonGrowth": "+3.6%",
      "populationThousands": "10,299",
      "gdp": "$249.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.0%",
      "savingsRate": "19.3%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 8767.606681280928,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 3670066.03359223,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 1971765.8556071513,
          "yoy_growth_pct": -46.2743766035947,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 23797.659146281654,
          "yoy_growth_pct": -98.79307884967133,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 2181390.938138404,
          "yoy_growth_pct": 9066.409707482691,
          "cagr_3y_pct": -15.921192753121883
        },
        {
          "year": 1999,
          "export_value_usd": 316802.9071567599,
          "yoy_growth_pct": -85.47702286564373,
          "cagr_3y_pct": -45.636016479893726
        },
        {
          "year": 2000,
          "export_value_usd": 2799889.564453366,
          "yoy_growth_pct": 783.7954138684497,
          "cagr_3y_pct": 390.0069283430709
        },
        {
          "year": 2001,
          "export_value_usd": 1157024.2102534513,
          "yoy_growth_pct": -58.67607690879259,
          "cagr_3y_pct": -19.052585710658533
        },
        {
          "year": 2002,
          "export_value_usd": 18130.181495780893,
          "yoy_growth_pct": -98.4330335238353,
          "cagr_3y_pct": -61.463612724529135
        },
        {
          "year": 2004,
          "export_value_usd": 3276709.2924889335,
          "yoy_growth_pct": 17973.22940066244,
          "cagr_3y_pct": 5.381814054630252
        },
        {
          "year": 2005,
          "export_value_usd": 96135.68072436591,
          "yoy_growth_pct": -97.06609063719098,
          "cagr_3y_pct": -56.36375349548308
        },
        {
          "year": 2006,
          "export_value_usd": 8296017.642075432,
          "yoy_growth_pct": 8529.488634777805,
          "cagr_3y_pct": 670.5884673781272
        },
        {
          "year": 2007,
          "export_value_usd": 8151794.066664729,
          "yoy_growth_pct": -1.7384675591724297,
          "cagr_3y_pct": 35.499729750367884
        },
        {
          "year": 2008,
          "export_value_usd": 4158522.6110708965,
          "yoy_growth_pct": -48.98641235214204,
          "cagr_3y_pct": 251.03586252550812
        },
        {
          "year": 2009,
          "export_value_usd": 970456.8814978517,
          "yoy_growth_pct": -76.66342179036653,
          "cagr_3y_pct": -51.093243761986606
        },
        {
          "year": 2010,
          "export_value_usd": 286258.05474225234,
          "yoy_growth_pct": -70.50275388841311,
          "cagr_3y_pct": -67.25325243593947
        },
        {
          "year": 2011,
          "export_value_usd": 198852.5564872076,
          "yoy_growth_pct": -30.533812693496067,
          "cagr_3y_pct": -63.70355948242539
        },
        {
          "year": 2012,
          "export_value_usd": 5762896.441338732,
          "yoy_growth_pct": 2798.07510808113,
          "cagr_3y_pct": 81.08738214838156
        },
        {
          "year": 2013,
          "export_value_usd": 5880310.773950989,
          "yoy_growth_pct": 2.0374187495373786,
          "cagr_3y_pct": 173.87192925001602
        },
        {
          "year": 2014,
          "export_value_usd": 481758.85364798264,
          "yoy_growth_pct": -91.80725522565726,
          "cagr_3y_pct": 34.307266035503936
        },
        {
          "year": 2015,
          "export_value_usd": 488484.76474245515,
          "yoy_growth_pct": 1.3961157212872166,
          "cagr_3y_pct": -56.072474866498666
        },
        {
          "year": 2016,
          "export_value_usd": 1155156.1275653287,
          "yoy_growth_pct": 136.47741156765946,
          "cagr_3y_pct": -41.86824038180483
        },
        {
          "year": 2017,
          "export_value_usd": 6042890.946252965,
          "yoy_growth_pct": 423.12330792802,
          "cagr_3y_pct": 132.34768550000342
        },
        {
          "year": 2018,
          "export_value_usd": 3338712.4419631013,
          "yoy_growth_pct": -44.74974856143403,
          "cagr_3y_pct": 89.77660109568286
        },
        {
          "year": 2019,
          "export_value_usd": 4143908.2458480485,
          "yoy_growth_pct": 24.116955799029725,
          "cagr_3y_pct": 53.081654769977774
        },
        {
          "year": 2020,
          "export_value_usd": 13018842.147903334,
          "yoy_growth_pct": 214.16820488116372,
          "cagr_3y_pct": 29.15439860139093
        },
        {
          "year": 2021,
          "export_value_usd": 5178844.157150551,
          "yoy_growth_pct": -60.22039365471071,
          "cagr_3y_pct": 15.758069541939212
        },
        {
          "year": 2022,
          "export_value_usd": 5295634.5547260335,
          "yoy_growth_pct": 2.2551440829557956,
          "cagr_3y_pct": 8.518211010557586
        },
        {
          "year": 2023,
          "export_value_usd": 10347049.16336694,
          "yoy_growth_pct": 95.388277956847,
          "cagr_3y_pct": -7.370770735656674
        },
        {
          "year": 2024,
          "export_value_usd": 2201710.725631952,
          "yoy_growth_pct": -78.72136595787167,
          "cagr_3y_pct": -24.807278251822808
        }
      ],
      "routeHistoryScope": "Broader Belize to Portugal route exports, not only HS 890190."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "ARE",
        "hs_code": "271019",
        "your_market_share_pct": 0.00004022064659084663,
        "your_share_change_pp": 0.00004022064659084663,
        "market_imports_usd": 5315003038.003537,
        "market_yoy_growth_pct": -0.18285713426450245,
        "market_cagr_3y_pct": 0.564235,
        "top_supplier_iso3": "IND",
        "top_supplier_share_pct": 27.764408884920254,
        "your_share_gap_pp": 27.764368664273665,
        "num_suppliers": 114,
        "market_hhi": 1309.2005450142992,
        "volatility_mean_usd": 2137.7285882081646,
        "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": 66.6031134929975,
        "exporter_name": "Belize",
        "importer_name": "ARE",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-are-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "KOR",
        "hs_code": "870340",
        "your_market_share_pct": 0.0008964733245050824,
        "your_share_change_pp": 0.0008964733245050824,
        "market_imports_usd": 2835917622.1888866,
        "market_yoy_growth_pct": 1.6134038503236248,
        "market_cagr_3y_pct": 2.180423,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 42.85900782811753,
        "your_share_gap_pp": 42.858111354793024,
        "num_suppliers": 25,
        "market_hhi": 2715.8982826663214,
        "volatility_mean_usd": 25423.244987862196,
        "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": 88.10496129484636,
        "exporter_name": "Belize",
        "importer_name": "KOR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-kor-870340"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "FRA",
        "hs_code": "870840",
        "your_market_share_pct": 0.000008310716591357997,
        "your_share_change_pp": 0.000008310716591357997,
        "market_imports_usd": 2040060779.926523,
        "market_yoy_growth_pct": 8.389756041163432,
        "market_cagr_3y_pct": -0.419338,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 24.421159582763384,
        "your_share_gap_pp": 24.421151272046792,
        "num_suppliers": 98,
        "market_hhi": 1152.439598580665,
        "volatility_mean_usd": 169.54366971114092,
        "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": 44.636712075508285,
        "exporter_name": "Belize",
        "importer_name": "France",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-fra-870840"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "MYS",
        "hs_code": "851762",
        "your_market_share_pct": 0.00001534755508654,
        "your_share_change_pp": 0.00001534755508654,
        "market_imports_usd": 1938411597.2555487,
        "market_yoy_growth_pct": 10.93114098186363,
        "market_cagr_3y_pct": 9.998642,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 41.75629497559749,
        "your_share_gap_pp": 41.75627962804241,
        "num_suppliers": 87,
        "market_hhi": 2149.658775841264,
        "volatility_mean_usd": 297.49878769267525,
        "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": 49.49885143296265,
        "exporter_name": "Belize",
        "importer_name": "Malaysia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-mys-851762"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "DEU",
        "hs_code": "180400",
        "your_market_share_pct": 5.203630197185765e-7,
        "your_share_change_pp": 5.203630197185765e-7,
        "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": 52.140822457700146,
        "num_suppliers": 78,
        "market_hhi": 3073.1894375520596,
        "volatility_mean_usd": 9.763619123124837,
        "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": 20.63916643205406,
        "exporter_name": "Belize",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-deu-180400"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "TWN",
        "hs_code": "852351",
        "your_market_share_pct": 0.00002265672384111092,
        "your_share_change_pp": 0.00002265672384111092,
        "market_imports_usd": 1811967890.754829,
        "market_yoy_growth_pct": 45.541592557563604,
        "market_cagr_3y_pct": 3.24174,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 25.783631067839853,
        "your_share_gap_pp": 25.78360841111601,
        "num_suppliers": 64,
        "market_hhi": 1498.5980517342987,
        "volatility_mean_usd": 410.532561097924,
        "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": 52.2880840592868,
        "exporter_name": "Belize",
        "importer_name": "Taiwan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-twn-852351"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "GBR",
        "hs_code": "180690",
        "your_market_share_pct": 0.0000012499409437120833,
        "your_share_change_pp": 0.0000012499409437120833,
        "market_imports_usd": 1578623511.9580538,
        "market_yoy_growth_pct": 12.239149035567397,
        "market_cagr_3y_pct": 13.007254,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 22.6513368391299,
        "your_share_gap_pp": 22.651335589188957,
        "num_suppliers": 101,
        "market_hhi": 1264.6486820846806,
        "volatility_mean_usd": 19.73186162302933,
        "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": 26.33276602866789,
        "exporter_name": "Belize",
        "importer_name": "GBR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-gbr-180690"
      },
      {
        "year": 2024,
        "exporter_iso3": "BLZ",
        "importer_iso3": "ESP",
        "hs_code": "853710",
        "your_market_share_pct": 0.00004519900723585598,
        "your_share_change_pp": 0.00004519900723585598,
        "market_imports_usd": 1527863389.574225,
        "market_yoy_growth_pct": -3.059621119359446,
        "market_cagr_3y_pct": 8.659229,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 23.39916021031198,
        "your_share_gap_pp": 23.399115011304744,
        "num_suppliers": 110,
        "market_hhi": 984.0009691829575,
        "volatility_mean_usd": 690.5790840076485,
        "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": 56.79683700153963,
        "exporter_name": "Belize",
        "importer_name": "Spain",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/blz-esp-853710"
      }
    ],
    "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/890190",
    "workspace": "https://www.yugalinks.com/app?hs=890190",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/blz-prt-890190/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/blz-prt-890190/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/blz-prt-890190/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": "2026-09-02T11:38:05.276Z"
}