{
  "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/col-can-721070",
  "seo": {
    "title": "Colombia to Canada new corridor | HS 721070 | Yugalinks",
    "description": "Reported new-corridor signal for Colombia to Canada in iron or non-alloy steel (HS 721070), with market demand, growth, share, competition, access, and...",
    "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": "COL-CAN-HS 721070",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/col-can-721070"
    }
  ],
  "exporter": {
    "iso3": "COL",
    "country_name": "Colombia"
  },
  "importer": {
    "iso3": "CAN",
    "country_name": "Canada"
  },
  "hsCode": "721070",
  "product": "Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "COL",
    "importer_iso3": "CAN",
    "hs_code": "721070",
    "your_market_share_pct": 0.03687498951329363,
    "your_share_change_pp": 0.03687498951329363,
    "market_imports_usd": 280633501.2888867,
    "market_yoy_growth_pct": 11.79072347295762,
    "market_cagr_3y_pct": -9.015671,
    "top_supplier_iso3": "KOR",
    "top_supplier_share_pct": 50.53404257670244,
    "your_share_gap_pp": 50.497167587189146,
    "num_suppliers": 39,
    "market_hhi": 3091.7679099627508,
    "volatility_mean_usd": 103483.57417106572,
    "volatility_stddev_usd": 0,
    "volatility_cv": 0,
    "max_drawdown_pct": 0,
    "momentum_yoy_pct": null,
    "momentum_acceleration_pct": null,
    "anomaly_type": "",
    "anomaly_severity": "0",
    "anomaly_z_score": 0,
    "new_corridor_signal_type": "new",
    "new_corridor_signal_strength": 100
  },
  "market": {
    "exporter_iso3": "COL",
    "importer_iso3": "CAN",
    "hs_code": "721070",
    "hs_description": "Iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics",
    "hs_chapter": "72",
    "hs_heading": "7210",
    "price_range_label": "Low price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -8.4467363,
    "buyer_imports_latest_usd": 280633501.2888867,
    "buyer_imports_avg_usd": 126285719.30273527,
    "buyer_imports_peak_usd": 372597312.4627163,
    "buyer_cagr_full_pct": 9.1015,
    "buyer_yoy_avg_pct": 13.5243,
    "buyer_yoy_latest_pct": 11.7907,
    "buyer_trend_consistency_pct": 65.5172,
    "buyer_imports_proj_3y_usd": 364444683.57,
    "buyer_imports_proj_5y_usd": 433803470.62,
    "buyer_gdp_mn_latest": 1990761.6096649999,
    "buyer_gdp_pc_latest": 52051,
    "buyer_population_latest": 38246.109,
    "buyer_investment_rate": 22.9,
    "buyer_savings_rate": 21.83,
    "buyer_edu_secondary": 98.31,
    "buyer_gdp_mn_2030_proj": 2150469.83,
    "buyer_gdp_pc_2030_proj": 53725.31,
    "buyer_gdp_pc_growth_pct": 3.22,
    "buyer_gdp_mn_growth_pct": 8.02,
    "buyer_pop_growth_pct": 4.66,
    "exports_latest_usd": 103483.57417106572,
    "exports_avg_usd": 103483.57417106572,
    "exports_peak_usd": 103483.57417106572,
    "share_latest_pct": 0.03687498951329363,
    "share_avg_pct": 0.03687498951329363,
    "share_peak_pct": 0.03687498951329363,
    "share_change_1y_pp": 0.03687498951329363,
    "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": 50.4972,
    "addressable_proj_3y_usd": 184034242.62,
    "addressable_proj_5y_usd": 219058465.56,
    "peer_best_share_pct": 50.53404257670244,
    "peer_top_exporter": "KOR",
    "num_suppliers_latest": 39,
    "buyer_herfindahl_index": 3091.77,
    "distance_km": 4363.173828125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.02969999983906746,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "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": "COL",
    "importer_iso3": "CAN",
    "hs_code": "721070"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 103483.57417106572,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 233794082.32762814,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 183661107.7236205,
      "yoy_growth_pct": -21.443217939859405,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 202365898.5796425,
      "yoy_growth_pct": 10.184404900883859,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 205652987.32026222,
      "yoy_growth_pct": 1.6243293774746759,
      "cagr_3y_pct": -4.184926729516148
    },
    {
      "year": 1999,
      "export_value_usd": 176876880.33585253,
      "yoy_growth_pct": -13.992554817400649,
      "cagr_3y_pct": -1.2467743678900467
    },
    {
      "year": 2000,
      "export_value_usd": 192441969.79243788,
      "yoy_growth_pct": 8.799957024926307,
      "cagr_3y_pct": -1.6621245560233033
    },
    {
      "year": 2001,
      "export_value_usd": 224180315.7889133,
      "yoy_growth_pct": 16.492424199724965,
      "cagr_3y_pct": 2.9170868614508683
    },
    {
      "year": 2002,
      "export_value_usd": 207117870.6976346,
      "yoy_growth_pct": -7.611036246083525,
      "cagr_3y_pct": 5.401995778179325
    },
    {
      "year": 2003,
      "export_value_usd": 220370973.37294093,
      "yoy_growth_pct": 6.398821420221212,
      "cagr_3y_pct": 4.62083906711277
    },
    {
      "year": 2004,
      "export_value_usd": 235095086.231412,
      "yoy_growth_pct": 6.681511921968486,
      "cagr_3y_pct": 1.5972669245286397
    },
    {
      "year": 2005,
      "export_value_usd": 373793554.1486384,
      "yoy_growth_pct": 58.99675324591891,
      "cagr_3y_pct": 21.75068456019147
    },
    {
      "year": 2006,
      "export_value_usd": 404563377.5232586,
      "yoy_growth_pct": 8.231769390647292,
      "cagr_3y_pct": 22.44584674172614
    },
    {
      "year": 2007,
      "export_value_usd": 345456428.36870605,
      "yoy_growth_pct": -14.61005924866604,
      "cagr_3y_pct": 13.688510231746864
    },
    {
      "year": 2008,
      "export_value_usd": 453037741.86574924,
      "yoy_growth_pct": 31.141789430596887,
      "cagr_3y_pct": 6.618898635845438
    },
    {
      "year": 2009,
      "export_value_usd": 509939271.72694576,
      "yoy_growth_pct": 12.5599976785286,
      "cagr_3y_pct": 8.021606293921458
    },
    {
      "year": 2010,
      "export_value_usd": 586513062.7099446,
      "yoy_growth_pct": 15.016256881662837,
      "cagr_3y_pct": 19.296619378826563
    },
    {
      "year": 2011,
      "export_value_usd": 691748871.7835431,
      "yoy_growth_pct": 17.94261982629397,
      "cagr_3y_pct": 15.15196637502141
    },
    {
      "year": 2012,
      "export_value_usd": 557810362.1162126,
      "yoy_growth_pct": -19.362302582727096,
      "cagr_3y_pct": 3.0360907054042263
    },
    {
      "year": 2013,
      "export_value_usd": 557886651.0571136,
      "yoy_growth_pct": 0.013676501205828195,
      "cagr_3y_pct": -1.6541374730826508
    },
    {
      "year": 2014,
      "export_value_usd": 791414911.8855915,
      "yoy_growth_pct": 41.85944589030333,
      "cagr_3y_pct": 4.588818388828897
    },
    {
      "year": 2015,
      "export_value_usd": 611823562.3258417,
      "yoy_growth_pct": -22.69243943506992,
      "cagr_3y_pct": 3.1287784424921306
    },
    {
      "year": 2016,
      "export_value_usd": 567342882.0439091,
      "yoy_growth_pct": -7.270180983687469,
      "cagr_3y_pct": 0.5618405620348099
    },
    {
      "year": 2017,
      "export_value_usd": 712616674.0398161,
      "yoy_growth_pct": 25.605995350209355,
      "cagr_3y_pct": -3.4355546555699834
    },
    {
      "year": 2018,
      "export_value_usd": 913533953.46866,
      "yoy_growth_pct": 28.194299508857412,
      "cagr_3y_pct": 14.296473714373947
    },
    {
      "year": 2019,
      "export_value_usd": 610264307.3956448,
      "yoy_growth_pct": -33.19741372737267,
      "cagr_3y_pct": 2.4607317507360893
    },
    {
      "year": 2020,
      "export_value_usd": 588757102.514708,
      "yoy_growth_pct": -3.5242442692938414,
      "cagr_3y_pct": -6.166036779170392
    },
    {
      "year": 2021,
      "export_value_usd": 961425918.6981888,
      "yoy_growth_pct": 63.29754912369332,
      "cagr_3y_pct": 1.717820063797082
    },
    {
      "year": 2022,
      "export_value_usd": 1388618616.482051,
      "yoy_growth_pct": 44.43324123842001,
      "cagr_3y_pct": 31.52904629129365
    },
    {
      "year": 2023,
      "export_value_usd": 938737176.9645071,
      "yoy_growth_pct": -32.39776812565576,
      "cagr_3y_pct": 16.825043868618963
    },
    {
      "year": 2024,
      "export_value_usd": 892634114.5683427,
      "yoy_growth_pct": -4.911178924993987,
      "cagr_3y_pct": -2.4443219981169717
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "JPN",
      "hs_code": "851712",
      "your_market_share_pct": 0.0000035074816976761215,
      "your_share_change_pp": 0.0000035074816976761215,
      "market_imports_usd": 16096259534.894955,
      "market_yoy_growth_pct": 2.8747906998073613,
      "market_cagr_3y_pct": 5.896018,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 84.71062242055356,
      "your_share_gap_pp": 84.71061891307187,
      "num_suppliers": 61,
      "market_hhi": 7258.933314605308,
      "volatility_mean_usd": 564.5733571968881,
      "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": 55.04977885400506,
      "exporter_name": "Colombia",
      "importer_name": "Japan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "IDN",
      "hs_code": "271012",
      "your_market_share_pct": 0.00005083767282730831,
      "your_share_change_pp": 0.00005083767282730831,
      "market_imports_usd": 12942143525.33797,
      "market_yoy_growth_pct": -9.990044613196103,
      "market_cagr_3y_pct": 5.508447,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 57.870625366104115,
      "your_share_gap_pp": 57.870574528431284,
      "num_suppliers": 38,
      "market_hhi": 3856.437398680752,
      "volatility_mean_usd": 6579.484582251983,
      "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": 76.36515751862905,
      "exporter_name": "Colombia",
      "importer_name": "Indonesia + Timor-Leste",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "ITA",
      "hs_code": "851712",
      "your_market_share_pct": 0.0000011833499071669079,
      "your_share_change_pp": 0.0000011833499071669079,
      "market_imports_usd": 6828141870.66468,
      "market_yoy_growth_pct": 1.7099500762180808,
      "market_cagr_3y_pct": 5.942971,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 45.78349302221923,
      "your_share_gap_pp": 45.783491838869324,
      "num_suppliers": 75,
      "market_hhi": 2603.7261621008747,
      "volatility_mean_usd": 80.80081048773525,
      "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": 38.25515213421064,
      "exporter_name": "Colombia",
      "importer_name": "Italy",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "NLD",
      "hs_code": "870380",
      "your_market_share_pct": 0.0005105066633372717,
      "your_share_change_pp": 0.0005105066633372717,
      "market_imports_usd": 6465006276.341349,
      "market_yoy_growth_pct": -13.121134064262318,
      "market_cagr_3y_pct": 35.769381,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 57.628781953001685,
      "your_share_gap_pp": 57.628271446338346,
      "num_suppliers": 59,
      "market_hhi": 3594.085786068737,
      "volatility_mean_usd": 33004.287825895415,
      "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": 90.3716704882469,
      "exporter_name": "Colombia",
      "importer_name": "NLD",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "POL",
      "hs_code": "271019",
      "your_market_share_pct": 0.0015658427705005013,
      "your_share_change_pp": 0.0015658427705005013,
      "market_imports_usd": 5610472194.533947,
      "market_yoy_growth_pct": -7.786797704249803,
      "market_cagr_3y_pct": 17.901513,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 24.943777280127986,
      "your_share_gap_pp": 24.942211437357486,
      "num_suppliers": 86,
      "market_hhi": 1487.2840337797988,
      "volatility_mean_usd": 87851.17324905064,
      "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": 98.87505018706369,
      "exporter_name": "Colombia",
      "importer_name": "Poland",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "IND",
      "hs_code": "150710",
      "your_market_share_pct": 0.0029432572062216378,
      "your_share_change_pp": 0.0029432572062216378,
      "market_imports_usd": 3907800894.4941335,
      "market_yoy_growth_pct": 11.390403835985087,
      "market_cagr_3y_pct": -2.301261,
      "top_supplier_iso3": "ARG",
      "top_supplier_share_pct": 67.97026487320738,
      "your_share_gap_pp": 67.96732161600116,
      "num_suppliers": 21,
      "market_hhi": 5003.995179464261,
      "volatility_mean_usd": 115016.6314319922,
      "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": "Colombia",
      "importer_name": "India",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "BRA",
      "hs_code": "300215",
      "your_market_share_pct": 0.0010330223177962043,
      "your_share_change_pp": 0.0010330223177962043,
      "market_imports_usd": 3537536291.0227304,
      "market_yoy_growth_pct": 39.04476370358654,
      "market_cagr_3y_pct": 29.992022,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 26.559192385128345,
      "your_share_gap_pp": 26.55815936281055,
      "num_suppliers": 38,
      "market_hhi": 1577.859447250345,
      "volatility_mean_usd": 36543.53938640489,
      "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": 91.25644984665824,
      "exporter_name": "Colombia",
      "importer_name": "BRA",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "COL",
      "importer_iso3": "PHL",
      "hs_code": "270900",
      "your_market_share_pct": 1.0562507531152183,
      "your_share_change_pp": 1.0562507531152183,
      "market_imports_usd": 3447328306.02324,
      "market_yoy_growth_pct": -18.910796827670485,
      "market_cagr_3y_pct": 19.73894,
      "top_supplier_iso3": "SAU",
      "top_supplier_share_pct": 51.46786315329479,
      "your_share_gap_pp": 50.41161240017958,
      "num_suppliers": 9,
      "market_hhi": 3731.173218474511,
      "volatility_mean_usd": 36412431.194724575,
      "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": "Colombia",
      "importer_name": "Philippines",
      "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": "Canada",
        "imports": "$280.6M",
        "year": 2024,
        "annualChange": "+11.8%"
      },
      "exporterPosition": {
        "exporter": "Colombia",
        "routeExports": "$103.5K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "100/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$280.6M",
      "projectionThreeYears": "$364.4M",
      "supplierCount": "39",
      "averageImports": "$126.3M",
      "historicalPeak": "$372.6M",
      "fullHistoryGrowth": "+9.1%",
      "latestAnnualChange": "+11.8%"
    },
    "competition": {
      "topSupplier": {
        "country": "KOR",
        "iso3": "KOR",
        "share": "50.5%"
      },
      "marketConcentrationHhi": "3,092",
      "exporterShare": "0.0%",
      "shareGap": "50.5%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "4,363 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "1.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$52.1K",
      "gdpPerPersonGrowth": "+3.2%",
      "populationThousands": "38,246",
      "gdp": "$2.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.9%",
      "savingsRate": "21.8%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 103483.57417106572,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 233794082.32762814,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 183661107.7236205,
          "yoy_growth_pct": -21.443217939859405,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 202365898.5796425,
          "yoy_growth_pct": 10.184404900883859,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 205652987.32026222,
          "yoy_growth_pct": 1.6243293774746759,
          "cagr_3y_pct": -4.184926729516148
        },
        {
          "year": 1999,
          "export_value_usd": 176876880.33585253,
          "yoy_growth_pct": -13.992554817400649,
          "cagr_3y_pct": -1.2467743678900467
        },
        {
          "year": 2000,
          "export_value_usd": 192441969.79243788,
          "yoy_growth_pct": 8.799957024926307,
          "cagr_3y_pct": -1.6621245560233033
        },
        {
          "year": 2001,
          "export_value_usd": 224180315.7889133,
          "yoy_growth_pct": 16.492424199724965,
          "cagr_3y_pct": 2.9170868614508683
        },
        {
          "year": 2002,
          "export_value_usd": 207117870.6976346,
          "yoy_growth_pct": -7.611036246083525,
          "cagr_3y_pct": 5.401995778179325
        },
        {
          "year": 2003,
          "export_value_usd": 220370973.37294093,
          "yoy_growth_pct": 6.398821420221212,
          "cagr_3y_pct": 4.62083906711277
        },
        {
          "year": 2004,
          "export_value_usd": 235095086.231412,
          "yoy_growth_pct": 6.681511921968486,
          "cagr_3y_pct": 1.5972669245286397
        },
        {
          "year": 2005,
          "export_value_usd": 373793554.1486384,
          "yoy_growth_pct": 58.99675324591891,
          "cagr_3y_pct": 21.75068456019147
        },
        {
          "year": 2006,
          "export_value_usd": 404563377.5232586,
          "yoy_growth_pct": 8.231769390647292,
          "cagr_3y_pct": 22.44584674172614
        },
        {
          "year": 2007,
          "export_value_usd": 345456428.36870605,
          "yoy_growth_pct": -14.61005924866604,
          "cagr_3y_pct": 13.688510231746864
        },
        {
          "year": 2008,
          "export_value_usd": 453037741.86574924,
          "yoy_growth_pct": 31.141789430596887,
          "cagr_3y_pct": 6.618898635845438
        },
        {
          "year": 2009,
          "export_value_usd": 509939271.72694576,
          "yoy_growth_pct": 12.5599976785286,
          "cagr_3y_pct": 8.021606293921458
        },
        {
          "year": 2010,
          "export_value_usd": 586513062.7099446,
          "yoy_growth_pct": 15.016256881662837,
          "cagr_3y_pct": 19.296619378826563
        },
        {
          "year": 2011,
          "export_value_usd": 691748871.7835431,
          "yoy_growth_pct": 17.94261982629397,
          "cagr_3y_pct": 15.15196637502141
        },
        {
          "year": 2012,
          "export_value_usd": 557810362.1162126,
          "yoy_growth_pct": -19.362302582727096,
          "cagr_3y_pct": 3.0360907054042263
        },
        {
          "year": 2013,
          "export_value_usd": 557886651.0571136,
          "yoy_growth_pct": 0.013676501205828195,
          "cagr_3y_pct": -1.6541374730826508
        },
        {
          "year": 2014,
          "export_value_usd": 791414911.8855915,
          "yoy_growth_pct": 41.85944589030333,
          "cagr_3y_pct": 4.588818388828897
        },
        {
          "year": 2015,
          "export_value_usd": 611823562.3258417,
          "yoy_growth_pct": -22.69243943506992,
          "cagr_3y_pct": 3.1287784424921306
        },
        {
          "year": 2016,
          "export_value_usd": 567342882.0439091,
          "yoy_growth_pct": -7.270180983687469,
          "cagr_3y_pct": 0.5618405620348099
        },
        {
          "year": 2017,
          "export_value_usd": 712616674.0398161,
          "yoy_growth_pct": 25.605995350209355,
          "cagr_3y_pct": -3.4355546555699834
        },
        {
          "year": 2018,
          "export_value_usd": 913533953.46866,
          "yoy_growth_pct": 28.194299508857412,
          "cagr_3y_pct": 14.296473714373947
        },
        {
          "year": 2019,
          "export_value_usd": 610264307.3956448,
          "yoy_growth_pct": -33.19741372737267,
          "cagr_3y_pct": 2.4607317507360893
        },
        {
          "year": 2020,
          "export_value_usd": 588757102.514708,
          "yoy_growth_pct": -3.5242442692938414,
          "cagr_3y_pct": -6.166036779170392
        },
        {
          "year": 2021,
          "export_value_usd": 961425918.6981888,
          "yoy_growth_pct": 63.29754912369332,
          "cagr_3y_pct": 1.717820063797082
        },
        {
          "year": 2022,
          "export_value_usd": 1388618616.482051,
          "yoy_growth_pct": 44.43324123842001,
          "cagr_3y_pct": 31.52904629129365
        },
        {
          "year": 2023,
          "export_value_usd": 938737176.9645071,
          "yoy_growth_pct": -32.39776812565576,
          "cagr_3y_pct": 16.825043868618963
        },
        {
          "year": 2024,
          "export_value_usd": 892634114.5683427,
          "yoy_growth_pct": -4.911178924993987,
          "cagr_3y_pct": -2.4443219981169717
        }
      ],
      "routeHistoryScope": "Broader Colombia to Canada route exports, not only HS 721070."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "JPN",
        "hs_code": "851712",
        "your_market_share_pct": 0.0000035074816976761215,
        "your_share_change_pp": 0.0000035074816976761215,
        "market_imports_usd": 16096259534.894955,
        "market_yoy_growth_pct": 2.8747906998073613,
        "market_cagr_3y_pct": 5.896018,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 84.71062242055356,
        "your_share_gap_pp": 84.71061891307187,
        "num_suppliers": 61,
        "market_hhi": 7258.933314605308,
        "volatility_mean_usd": 564.5733571968881,
        "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": 55.04977885400506,
        "exporter_name": "Colombia",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-jpn-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "IDN",
        "hs_code": "271012",
        "your_market_share_pct": 0.00005083767282730831,
        "your_share_change_pp": 0.00005083767282730831,
        "market_imports_usd": 12942143525.33797,
        "market_yoy_growth_pct": -9.990044613196103,
        "market_cagr_3y_pct": 5.508447,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 57.870625366104115,
        "your_share_gap_pp": 57.870574528431284,
        "num_suppliers": 38,
        "market_hhi": 3856.437398680752,
        "volatility_mean_usd": 6579.484582251983,
        "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": 76.36515751862905,
        "exporter_name": "Colombia",
        "importer_name": "Indonesia + Timor-Leste",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-idn-271012"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "ITA",
        "hs_code": "851712",
        "your_market_share_pct": 0.0000011833499071669079,
        "your_share_change_pp": 0.0000011833499071669079,
        "market_imports_usd": 6828141870.66468,
        "market_yoy_growth_pct": 1.7099500762180808,
        "market_cagr_3y_pct": 5.942971,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 45.78349302221923,
        "your_share_gap_pp": 45.783491838869324,
        "num_suppliers": 75,
        "market_hhi": 2603.7261621008747,
        "volatility_mean_usd": 80.80081048773525,
        "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": 38.25515213421064,
        "exporter_name": "Colombia",
        "importer_name": "Italy",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-ita-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "NLD",
        "hs_code": "870380",
        "your_market_share_pct": 0.0005105066633372717,
        "your_share_change_pp": 0.0005105066633372717,
        "market_imports_usd": 6465006276.341349,
        "market_yoy_growth_pct": -13.121134064262318,
        "market_cagr_3y_pct": 35.769381,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 57.628781953001685,
        "your_share_gap_pp": 57.628271446338346,
        "num_suppliers": 59,
        "market_hhi": 3594.085786068737,
        "volatility_mean_usd": 33004.287825895415,
        "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": 90.3716704882469,
        "exporter_name": "Colombia",
        "importer_name": "NLD",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-nld-870380"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "POL",
        "hs_code": "271019",
        "your_market_share_pct": 0.0015658427705005013,
        "your_share_change_pp": 0.0015658427705005013,
        "market_imports_usd": 5610472194.533947,
        "market_yoy_growth_pct": -7.786797704249803,
        "market_cagr_3y_pct": 17.901513,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 24.943777280127986,
        "your_share_gap_pp": 24.942211437357486,
        "num_suppliers": 86,
        "market_hhi": 1487.2840337797988,
        "volatility_mean_usd": 87851.17324905064,
        "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": 98.87505018706369,
        "exporter_name": "Colombia",
        "importer_name": "Poland",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-pol-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "IND",
        "hs_code": "150710",
        "your_market_share_pct": 0.0029432572062216378,
        "your_share_change_pp": 0.0029432572062216378,
        "market_imports_usd": 3907800894.4941335,
        "market_yoy_growth_pct": 11.390403835985087,
        "market_cagr_3y_pct": -2.301261,
        "top_supplier_iso3": "ARG",
        "top_supplier_share_pct": 67.97026487320738,
        "your_share_gap_pp": 67.96732161600116,
        "num_suppliers": 21,
        "market_hhi": 5003.995179464261,
        "volatility_mean_usd": 115016.6314319922,
        "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": "Colombia",
        "importer_name": "India",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-ind-150710"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "BRA",
        "hs_code": "300215",
        "your_market_share_pct": 0.0010330223177962043,
        "your_share_change_pp": 0.0010330223177962043,
        "market_imports_usd": 3537536291.0227304,
        "market_yoy_growth_pct": 39.04476370358654,
        "market_cagr_3y_pct": 29.992022,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 26.559192385128345,
        "your_share_gap_pp": 26.55815936281055,
        "num_suppliers": 38,
        "market_hhi": 1577.859447250345,
        "volatility_mean_usd": 36543.53938640489,
        "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": 91.25644984665824,
        "exporter_name": "Colombia",
        "importer_name": "BRA",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-bra-300215"
      },
      {
        "year": 2024,
        "exporter_iso3": "COL",
        "importer_iso3": "PHL",
        "hs_code": "270900",
        "your_market_share_pct": 1.0562507531152183,
        "your_share_change_pp": 1.0562507531152183,
        "market_imports_usd": 3447328306.02324,
        "market_yoy_growth_pct": -18.910796827670485,
        "market_cagr_3y_pct": 19.73894,
        "top_supplier_iso3": "SAU",
        "top_supplier_share_pct": 51.46786315329479,
        "your_share_gap_pp": 50.41161240017958,
        "num_suppliers": 9,
        "market_hhi": 3731.173218474511,
        "volatility_mean_usd": 36412431.194724575,
        "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": "Colombia",
        "importer_name": "Philippines",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/col-phl-270900"
      }
    ],
    "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/721070",
    "workspace": "https://www.yugalinks.com/app?hs=721070",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/col-can-721070/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/col-can-721070/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/col-can-721070/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": "2026-09-02T11:40:05.314Z"
}