{
  "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/bwa-ind-843149",
  "seo": {
    "title": "BWA to India new corridor | HS 843149 | Yugalinks",
    "description": "Reported new-corridor signal for BWA to India in machinery (HS 843149), 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": "BWA-IND-HS 843149",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-ind-843149"
    }
  ],
  "exporter": {
    "iso3": "BWA",
    "country_name": "BWA"
  },
  "importer": {
    "iso3": "IND",
    "country_name": "India"
  },
  "hsCode": "843149",
  "product": "Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "BWA",
    "importer_iso3": "IND",
    "hs_code": "843149",
    "your_market_share_pct": 0.0011140663761208067,
    "your_share_change_pp": 0.0011140663761208067,
    "market_imports_usd": 859475689.5409014,
    "market_yoy_growth_pct": 13.442349708712165,
    "market_cagr_3y_pct": 5.994108,
    "top_supplier_iso3": "CHN",
    "top_supplier_share_pct": 56.28474768580127,
    "your_share_gap_pp": 56.28363361942515,
    "num_suppliers": 77,
    "market_hhi": 3473.723731623801,
    "volatility_mean_usd": 9575.129668107636,
    "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": 79.62380036234126
  },
  "market": {
    "exporter_iso3": "BWA",
    "importer_iso3": "IND",
    "hs_code": "843149",
    "hs_description": "Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431",
    "hs_chapter": "84",
    "hs_heading": "8431",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -5.3896809,
    "buyer_imports_latest_usd": 859475689.5409018,
    "buyer_imports_avg_usd": 372452681.3712172,
    "buyer_imports_peak_usd": 859475689.5409018,
    "buyer_cagr_full_pct": 9.0826,
    "buyer_yoy_avg_pct": 12.0012,
    "buyer_yoy_latest_pct": 13.4423,
    "buyer_trend_consistency_pct": 65.5172,
    "buyer_imports_proj_3y_usd": 1115578255.69,
    "buyer_imports_proj_5y_usd": 1327428088.09,
    "buyer_gdp_mn_latest": 3173397.590817,
    "buyer_gdp_pc_latest": 2277,
    "buyer_population_latest": 1393409.058,
    "buyer_investment_rate": 35.67,
    "buyer_savings_rate": 30.91,
    "buyer_edu_secondary": 63.75,
    "buyer_gdp_mn_2030_proj": 4531249.24,
    "buyer_gdp_pc_2030_proj": 3097.37,
    "buyer_gdp_pc_growth_pct": 36.03,
    "buyer_gdp_mn_growth_pct": 42.79,
    "buyer_pop_growth_pct": 4.97,
    "exports_latest_usd": 9575.129668107636,
    "exports_avg_usd": 9575.129668107636,
    "exports_peak_usd": 9575.129668107636,
    "share_latest_pct": 0.0011140663761208065,
    "share_avg_pct": 0.0011140663761208065,
    "share_peak_pct": 0.0011140663761208065,
    "share_change_1y_pp": 0.0011140663761208065,
    "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": 56.2836,
    "addressable_proj_3y_usd": 627887978.17,
    "addressable_proj_5y_usd": 747124761.66,
    "peer_best_share_pct": 56.28474768580125,
    "peer_top_exporter": "CHN",
    "num_suppliers_latest": 77,
    "buyer_herfindahl_index": 3473.72,
    "distance_km": 8087.7275390625,
    "shares_official_language": 1,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 17.5,
    "shared_legal_system": 1,
    "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": "BWA",
    "importer_iso3": "IND",
    "hs_code": "843149"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 9575.129668107636,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 2000,
      "export_value_usd": 147328.52503408468,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "export_value_usd": 103951.50396110621,
      "yoy_growth_pct": -29.442377885031522,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "export_value_usd": 110774.72100800513,
      "yoy_growth_pct": 6.563846396538775,
      "cagr_3y_pct": null
    },
    {
      "year": 2003,
      "export_value_usd": 89853.20966843258,
      "yoy_growth_pct": -18.88653941007051,
      "cagr_3y_pct": -15.196146958872713
    },
    {
      "year": 2004,
      "export_value_usd": 160870.12310086077,
      "yoy_growth_pct": 79.03659056197077,
      "cagr_3y_pct": 15.668438401695116
    },
    {
      "year": 2005,
      "export_value_usd": 450130.8985312242,
      "yoy_growth_pct": 179.81012872664087,
      "cagr_3y_pct": 59.57544107082309
    },
    {
      "year": 2006,
      "export_value_usd": 180142.7834713267,
      "yoy_growth_pct": -59.9799116081273,
      "cagr_3y_pct": 26.094000804394636
    },
    {
      "year": 2007,
      "export_value_usd": 202390.40383090393,
      "yoy_growth_pct": 12.349992561938183,
      "cagr_3y_pct": 7.953859671812458
    },
    {
      "year": 2008,
      "export_value_usd": 20550310.835024733,
      "yoy_growth_pct": 10053.797040789741,
      "cagr_3y_pct": 257.4043685626325
    },
    {
      "year": 2009,
      "export_value_usd": 4989307.565504962,
      "yoy_growth_pct": -75.72149829966814,
      "cagr_3y_pct": 202.55741614611617
    },
    {
      "year": 2010,
      "export_value_usd": 31355635.978717837,
      "yoy_growth_pct": 528.4566659210229,
      "cagr_3y_pct": 437.0836095304202
    },
    {
      "year": 2011,
      "export_value_usd": 57601719.246037774,
      "yoy_growth_pct": 83.70451578508586,
      "cagr_3y_pct": 40.99564013533621
    },
    {
      "year": 2012,
      "export_value_usd": 67998746.1397599,
      "yoy_growth_pct": 18.04985516024733,
      "cagr_3y_pct": 138.86556306811838
    },
    {
      "year": 2013,
      "export_value_usd": 201817673.47610894,
      "yoy_growth_pct": 196.7961689489199,
      "cagr_3y_pct": 86.01495457462394
    },
    {
      "year": 2014,
      "export_value_usd": 1129389112.8284776,
      "yoy_growth_pct": 459.6086276171319,
      "cagr_3y_pct": 169.65142328345655
    },
    {
      "year": 2015,
      "export_value_usd": 715494266.7542648,
      "yoy_growth_pct": -36.647674514733154,
      "cagr_3y_pct": 119.12995581607397
    },
    {
      "year": 2016,
      "export_value_usd": 1066937120.4247862,
      "yoy_growth_pct": 49.1188916530094,
      "cagr_3y_pct": 74.20470345396355
    },
    {
      "year": 2017,
      "export_value_usd": 1434686489.4497228,
      "yoy_growth_pct": 34.46776403079146,
      "cagr_3y_pct": 8.302330951846827
    },
    {
      "year": 2018,
      "export_value_usd": 1115059521.2683773,
      "yoy_growth_pct": -22.27852360301651,
      "cagr_3y_pct": 15.939288476860746
    },
    {
      "year": 2019,
      "export_value_usd": 845252945.8848879,
      "yoy_growth_pct": -24.196607466889752,
      "cagr_3y_pct": -7.469987119604793
    },
    {
      "year": 2020,
      "export_value_usd": 547539417.452969,
      "yoy_growth_pct": -35.22182677757429,
      "cagr_3y_pct": -27.464135127035448
    },
    {
      "year": 2021,
      "export_value_usd": 756232409.6840954,
      "yoy_growth_pct": 38.114697422501486,
      "cagr_3y_pct": -12.141103318418345
    },
    {
      "year": 2022,
      "export_value_usd": 696974612.7083787,
      "yoy_growth_pct": -7.835924011835294,
      "cagr_3y_pct": -6.2272277645935015
    },
    {
      "year": 2023,
      "export_value_usd": 954144747.9098566,
      "yoy_growth_pct": 36.8980635036531,
      "cagr_3y_pct": 20.33712316421785
    },
    {
      "year": 2024,
      "export_value_usd": 834858394.651711,
      "yoy_growth_pct": -12.501913731585645,
      "cagr_3y_pct": 3.352069558105275
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "USA",
      "hs_code": "842139",
      "your_market_share_pct": 0.00003645912359805456,
      "your_share_change_pp": 0.00003645912359805456,
      "market_imports_usd": 6070983552.298803,
      "market_yoy_growth_pct": -0.8063903305018383,
      "market_cagr_3y_pct": 1.702636,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 45.745848974080175,
      "your_share_gap_pp": 45.745812514956576,
      "num_suppliers": 116,
      "market_hhi": 2436.5075613960053,
      "volatility_mean_usd": 2213.427396950184,
      "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": 66.90522891823814,
      "exporter_name": "BWA",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "USA",
      "hs_code": "940171",
      "your_market_share_pct": 0.0003537758993051737,
      "your_share_change_pp": 0.0003537758993051737,
      "market_imports_usd": 2265264530.3195276,
      "market_yoy_growth_pct": 8.310952392002967,
      "market_cagr_3y_pct": -1.149981,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 62.17045098940513,
      "your_share_gap_pp": 62.17009721350583,
      "num_suppliers": 97,
      "market_hhi": 4166.4006982748715,
      "volatility_mean_usd": 8013.959963779028,
      "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": 78.07802714627171,
      "exporter_name": "BWA",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "CZE",
      "hs_code": "853710",
      "your_market_share_pct": 0.00000930313936843587,
      "your_share_change_pp": 0.00000930313936843587,
      "market_imports_usd": 2011284054.2921956,
      "market_yoy_growth_pct": 16.1290425121702,
      "market_cagr_3y_pct": 15.68345,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 24.629944469550175,
      "your_share_gap_pp": 24.629935166410807,
      "num_suppliers": 95,
      "market_hhi": 1078.692800181124,
      "volatility_mean_usd": 187.11255866593032,
      "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": 45.48835581289442,
      "exporter_name": "BWA",
      "importer_name": "Czech Republic",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "KOR",
      "hs_code": "760200",
      "your_market_share_pct": 0.0013784261725934437,
      "your_share_change_pp": 0.0013784261725934437,
      "market_imports_usd": 1662820443.839345,
      "market_yoy_growth_pct": 9.039799523132409,
      "market_cagr_3y_pct": -0.92008,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 26.068442442949763,
      "your_share_gap_pp": 26.06706401677717,
      "num_suppliers": 125,
      "market_hhi": 1074.7759515026642,
      "volatility_mean_usd": 22920.752201115996,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 87.20495626432744,
      "exporter_name": "BWA",
      "importer_name": "KOR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "POL",
      "hs_code": "870830",
      "your_market_share_pct": 0.000004053400038889956,
      "your_share_change_pp": 0.000004053400038889956,
      "market_imports_usd": 1489283078.2092352,
      "market_yoy_growth_pct": 4.504578257405578,
      "market_cagr_3y_pct": 8.748295,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 35.23693113708523,
      "your_share_gap_pp": 35.23692708368519,
      "num_suppliers": 93,
      "market_hhi": 1870.2135381731232,
      "volatility_mean_usd": 60.36660087131467,
      "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": 35.75864136295257,
      "exporter_name": "BWA",
      "importer_name": "Poland",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "FRA",
      "hs_code": "844399",
      "your_market_share_pct": 0.000009094306136841744,
      "your_share_change_pp": 0.000009094306136841744,
      "market_imports_usd": 1446832708.8456845,
      "market_yoy_growth_pct": -2.13952768004535,
      "market_cagr_3y_pct": -5.340626,
      "top_supplier_iso3": "JPN",
      "top_supplier_share_pct": 19.120440950505333,
      "your_share_gap_pp": 19.120431856199197,
      "num_suppliers": 119,
      "market_hhi": 1296.5894277680911,
      "volatility_mean_usd": 131.57939583038672,
      "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": 42.44952071177369,
      "exporter_name": "BWA",
      "importer_name": "France",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "CHN",
      "hs_code": "840999",
      "your_market_share_pct": 2.2662726984713804e-7,
      "your_share_change_pp": 2.2662726984713804e-7,
      "market_imports_usd": 1446153427.360527,
      "market_yoy_growth_pct": 7.90952065511612,
      "market_cagr_3y_pct": 1.599281,
      "top_supplier_iso3": "KOR",
      "top_supplier_share_pct": 22.358286942828475,
      "your_share_gap_pp": 22.358286716201203,
      "num_suppliers": 105,
      "market_hhi": 1185.8767016784516,
      "volatility_mean_usd": 3.277378030227977,
      "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": 12.623552688965622,
      "exporter_name": "BWA",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "BWA",
      "importer_iso3": "PRT",
      "hs_code": "870899",
      "your_market_share_pct": 0.000033896641165201303,
      "your_share_change_pp": 0.000033896641165201303,
      "market_imports_usd": 1262790334.8282697,
      "market_yoy_growth_pct": 3.7820951223296317,
      "market_cagr_3y_pct": 2.893361,
      "top_supplier_iso3": "ESP",
      "top_supplier_share_pct": 50.6380950251952,
      "your_share_gap_pp": 50.638061128554035,
      "num_suppliers": 93,
      "market_hhi": 3036.247363625549,
      "volatility_mean_usd": 428.0435084655826,
      "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": 52.65002670748977,
      "exporter_name": "BWA",
      "importer_name": "Portugal",
      "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": "India",
        "imports": "$859.5M",
        "year": 2024,
        "annualChange": "+13.4%"
      },
      "exporterPosition": {
        "exporter": "BWA",
        "routeExports": "$9.6K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "80/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$859.5M",
      "projectionThreeYears": "$1.1B",
      "supplierCount": "77",
      "averageImports": "$372.5M",
      "historicalPeak": "$859.5M",
      "fullHistoryGrowth": "+9.1%",
      "latestAnnualChange": "+13.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "56.3%"
      },
      "marketConcentrationHhi": "3,474",
      "exporterShare": "0.0%",
      "shareGap": "56.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "8,088 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "17.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$2.3K",
      "gdpPerPersonGrowth": "+36.0%",
      "populationThousands": "1,393,409",
      "gdp": "$3.2T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "35.7%",
      "savingsRate": "30.9%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 9575.129668107636,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 2000,
          "export_value_usd": 147328.52503408468,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 2001,
          "export_value_usd": 103951.50396110621,
          "yoy_growth_pct": -29.442377885031522,
          "cagr_3y_pct": null
        },
        {
          "year": 2002,
          "export_value_usd": 110774.72100800513,
          "yoy_growth_pct": 6.563846396538775,
          "cagr_3y_pct": null
        },
        {
          "year": 2003,
          "export_value_usd": 89853.20966843258,
          "yoy_growth_pct": -18.88653941007051,
          "cagr_3y_pct": -15.196146958872713
        },
        {
          "year": 2004,
          "export_value_usd": 160870.12310086077,
          "yoy_growth_pct": 79.03659056197077,
          "cagr_3y_pct": 15.668438401695116
        },
        {
          "year": 2005,
          "export_value_usd": 450130.8985312242,
          "yoy_growth_pct": 179.81012872664087,
          "cagr_3y_pct": 59.57544107082309
        },
        {
          "year": 2006,
          "export_value_usd": 180142.7834713267,
          "yoy_growth_pct": -59.9799116081273,
          "cagr_3y_pct": 26.094000804394636
        },
        {
          "year": 2007,
          "export_value_usd": 202390.40383090393,
          "yoy_growth_pct": 12.349992561938183,
          "cagr_3y_pct": 7.953859671812458
        },
        {
          "year": 2008,
          "export_value_usd": 20550310.835024733,
          "yoy_growth_pct": 10053.797040789741,
          "cagr_3y_pct": 257.4043685626325
        },
        {
          "year": 2009,
          "export_value_usd": 4989307.565504962,
          "yoy_growth_pct": -75.72149829966814,
          "cagr_3y_pct": 202.55741614611617
        },
        {
          "year": 2010,
          "export_value_usd": 31355635.978717837,
          "yoy_growth_pct": 528.4566659210229,
          "cagr_3y_pct": 437.0836095304202
        },
        {
          "year": 2011,
          "export_value_usd": 57601719.246037774,
          "yoy_growth_pct": 83.70451578508586,
          "cagr_3y_pct": 40.99564013533621
        },
        {
          "year": 2012,
          "export_value_usd": 67998746.1397599,
          "yoy_growth_pct": 18.04985516024733,
          "cagr_3y_pct": 138.86556306811838
        },
        {
          "year": 2013,
          "export_value_usd": 201817673.47610894,
          "yoy_growth_pct": 196.7961689489199,
          "cagr_3y_pct": 86.01495457462394
        },
        {
          "year": 2014,
          "export_value_usd": 1129389112.8284776,
          "yoy_growth_pct": 459.6086276171319,
          "cagr_3y_pct": 169.65142328345655
        },
        {
          "year": 2015,
          "export_value_usd": 715494266.7542648,
          "yoy_growth_pct": -36.647674514733154,
          "cagr_3y_pct": 119.12995581607397
        },
        {
          "year": 2016,
          "export_value_usd": 1066937120.4247862,
          "yoy_growth_pct": 49.1188916530094,
          "cagr_3y_pct": 74.20470345396355
        },
        {
          "year": 2017,
          "export_value_usd": 1434686489.4497228,
          "yoy_growth_pct": 34.46776403079146,
          "cagr_3y_pct": 8.302330951846827
        },
        {
          "year": 2018,
          "export_value_usd": 1115059521.2683773,
          "yoy_growth_pct": -22.27852360301651,
          "cagr_3y_pct": 15.939288476860746
        },
        {
          "year": 2019,
          "export_value_usd": 845252945.8848879,
          "yoy_growth_pct": -24.196607466889752,
          "cagr_3y_pct": -7.469987119604793
        },
        {
          "year": 2020,
          "export_value_usd": 547539417.452969,
          "yoy_growth_pct": -35.22182677757429,
          "cagr_3y_pct": -27.464135127035448
        },
        {
          "year": 2021,
          "export_value_usd": 756232409.6840954,
          "yoy_growth_pct": 38.114697422501486,
          "cagr_3y_pct": -12.141103318418345
        },
        {
          "year": 2022,
          "export_value_usd": 696974612.7083787,
          "yoy_growth_pct": -7.835924011835294,
          "cagr_3y_pct": -6.2272277645935015
        },
        {
          "year": 2023,
          "export_value_usd": 954144747.9098566,
          "yoy_growth_pct": 36.8980635036531,
          "cagr_3y_pct": 20.33712316421785
        },
        {
          "year": 2024,
          "export_value_usd": 834858394.651711,
          "yoy_growth_pct": -12.501913731585645,
          "cagr_3y_pct": 3.352069558105275
        }
      ],
      "routeHistoryScope": "Broader BWA to India route exports, not only HS 843149."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "USA",
        "hs_code": "842139",
        "your_market_share_pct": 0.00003645912359805456,
        "your_share_change_pp": 0.00003645912359805456,
        "market_imports_usd": 6070983552.298803,
        "market_yoy_growth_pct": -0.8063903305018383,
        "market_cagr_3y_pct": 1.702636,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 45.745848974080175,
        "your_share_gap_pp": 45.745812514956576,
        "num_suppliers": 116,
        "market_hhi": 2436.5075613960053,
        "volatility_mean_usd": 2213.427396950184,
        "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": 66.90522891823814,
        "exporter_name": "BWA",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-usa-842139"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "USA",
        "hs_code": "940171",
        "your_market_share_pct": 0.0003537758993051737,
        "your_share_change_pp": 0.0003537758993051737,
        "market_imports_usd": 2265264530.3195276,
        "market_yoy_growth_pct": 8.310952392002967,
        "market_cagr_3y_pct": -1.149981,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 62.17045098940513,
        "your_share_gap_pp": 62.17009721350583,
        "num_suppliers": 97,
        "market_hhi": 4166.4006982748715,
        "volatility_mean_usd": 8013.959963779028,
        "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": 78.07802714627171,
        "exporter_name": "BWA",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-usa-940171"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "CZE",
        "hs_code": "853710",
        "your_market_share_pct": 0.00000930313936843587,
        "your_share_change_pp": 0.00000930313936843587,
        "market_imports_usd": 2011284054.2921956,
        "market_yoy_growth_pct": 16.1290425121702,
        "market_cagr_3y_pct": 15.68345,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 24.629944469550175,
        "your_share_gap_pp": 24.629935166410807,
        "num_suppliers": 95,
        "market_hhi": 1078.692800181124,
        "volatility_mean_usd": 187.11255866593032,
        "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": 45.48835581289442,
        "exporter_name": "BWA",
        "importer_name": "Czech Republic",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-cze-853710"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "KOR",
        "hs_code": "760200",
        "your_market_share_pct": 0.0013784261725934437,
        "your_share_change_pp": 0.0013784261725934437,
        "market_imports_usd": 1662820443.839345,
        "market_yoy_growth_pct": 9.039799523132409,
        "market_cagr_3y_pct": -0.92008,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 26.068442442949763,
        "your_share_gap_pp": 26.06706401677717,
        "num_suppliers": 125,
        "market_hhi": 1074.7759515026642,
        "volatility_mean_usd": 22920.752201115996,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 87.20495626432744,
        "exporter_name": "BWA",
        "importer_name": "KOR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-kor-760200"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "POL",
        "hs_code": "870830",
        "your_market_share_pct": 0.000004053400038889956,
        "your_share_change_pp": 0.000004053400038889956,
        "market_imports_usd": 1489283078.2092352,
        "market_yoy_growth_pct": 4.504578257405578,
        "market_cagr_3y_pct": 8.748295,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 35.23693113708523,
        "your_share_gap_pp": 35.23692708368519,
        "num_suppliers": 93,
        "market_hhi": 1870.2135381731232,
        "volatility_mean_usd": 60.36660087131467,
        "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": 35.75864136295257,
        "exporter_name": "BWA",
        "importer_name": "Poland",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-pol-870830"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "FRA",
        "hs_code": "844399",
        "your_market_share_pct": 0.000009094306136841744,
        "your_share_change_pp": 0.000009094306136841744,
        "market_imports_usd": 1446832708.8456845,
        "market_yoy_growth_pct": -2.13952768004535,
        "market_cagr_3y_pct": -5.340626,
        "top_supplier_iso3": "JPN",
        "top_supplier_share_pct": 19.120440950505333,
        "your_share_gap_pp": 19.120431856199197,
        "num_suppliers": 119,
        "market_hhi": 1296.5894277680911,
        "volatility_mean_usd": 131.57939583038672,
        "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": 42.44952071177369,
        "exporter_name": "BWA",
        "importer_name": "France",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-fra-844399"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "CHN",
        "hs_code": "840999",
        "your_market_share_pct": 2.2662726984713804e-7,
        "your_share_change_pp": 2.2662726984713804e-7,
        "market_imports_usd": 1446153427.360527,
        "market_yoy_growth_pct": 7.90952065511612,
        "market_cagr_3y_pct": 1.599281,
        "top_supplier_iso3": "KOR",
        "top_supplier_share_pct": 22.358286942828475,
        "your_share_gap_pp": 22.358286716201203,
        "num_suppliers": 105,
        "market_hhi": 1185.8767016784516,
        "volatility_mean_usd": 3.277378030227977,
        "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": 12.623552688965622,
        "exporter_name": "BWA",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-chn-840999"
      },
      {
        "year": 2024,
        "exporter_iso3": "BWA",
        "importer_iso3": "PRT",
        "hs_code": "870899",
        "your_market_share_pct": 0.000033896641165201303,
        "your_share_change_pp": 0.000033896641165201303,
        "market_imports_usd": 1262790334.8282697,
        "market_yoy_growth_pct": 3.7820951223296317,
        "market_cagr_3y_pct": 2.893361,
        "top_supplier_iso3": "ESP",
        "top_supplier_share_pct": 50.6380950251952,
        "your_share_gap_pp": 50.638061128554035,
        "num_suppliers": 93,
        "market_hhi": 3036.247363625549,
        "volatility_mean_usd": 428.0435084655826,
        "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": 52.65002670748977,
        "exporter_name": "BWA",
        "importer_name": "Portugal",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-prt-870899"
      }
    ],
    "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/843149",
    "workspace": "https://www.yugalinks.com/app?hs=843149",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-ind-843149/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-ind-843149/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/bwa-ind-843149/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": "2026-09-02T11:39:09.423Z"
}