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      "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": 6.811744332815173,
      "exporter_name": "Cabo Verde",
      "importer_name": "Germany",
      "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": "NLD",
        "imports": "$615.3M",
        "year": 2024,
        "annualChange": "+23.4%"
      },
      "exporterPosition": {
        "exporter": "Cabo Verde",
        "routeExports": "$4.1K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "72/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$615.3M",
      "projectionThreeYears": "$748.5M",
      "supplierCount": "89",
      "averageImports": "$281.1M",
      "historicalPeak": "$615.3M",
      "fullHistoryGrowth": "+6.7%",
      "latestAnnualChange": "+23.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "Germany",
        "iso3": "DEU",
        "share": "28.0%"
      },
      "marketConcentrationHhi": "1,282",
      "exporterShare": "0.0%",
      "shareGap": "28.0%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "4,863 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "3.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$58.1K",
      "gdpPerPersonGrowth": "+1.7%",
      "populationThousands": "17,533",
      "gdp": "$1.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.0%",
      "savingsRate": "30.6%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 4146.926388717556,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 137918.75644123892,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 179963.32643764908,
          "yoy_growth_pct": 30.4850268964856,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 184406.49507007145,
          "yoy_growth_pct": 2.4689300427894523,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 144362.7543618265,
          "yoy_growth_pct": -21.714929668300996,
          "cagr_3y_pct": 1.533792658945865
        },
        {
          "year": 1999,
          "export_value_usd": 180619.8824379008,
          "yoy_growth_pct": 25.115292539515078,
          "cagr_3y_pct": 0.12146163238673235
        },
        {
          "year": 2000,
          "export_value_usd": 471864.95364682935,
          "yoy_growth_pct": 161.24751454705546,
          "cagr_3y_pct": 36.777240136686416
        },
        {
          "year": 2001,
          "export_value_usd": 79467.29495703582,
          "yoy_growth_pct": -83.15889019880174,
          "cagr_3y_pct": -18.04456555635101
        },
        {
          "year": 2002,
          "export_value_usd": 24168.71598471872,
          "yoy_growth_pct": -69.58658779339903,
          "cagr_3y_pct": -48.85191938828714
        },
        {
          "year": 2003,
          "export_value_usd": 163501.99820439916,
          "yoy_growth_pct": 576.5026255750508,
          "cagr_3y_pct": -29.76259667356882
        },
        {
          "year": 2004,
          "export_value_usd": 38907.81171574192,
          "yoy_growth_pct": -76.20346409032751,
          "cagr_3y_pct": -21.183685126878203
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        {
          "year": 2005,
          "export_value_usd": 3278997.5317685003,
          "yoy_growth_pct": 8327.607174941255,
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        {
          "year": 2006,
          "export_value_usd": 8508318.05016872,
          "yoy_growth_pct": 159.47924534056685,
          "cagr_3y_pct": 273.34202930248665
        },
        {
          "year": 2007,
          "export_value_usd": 5183683.890404343,
          "yoy_growth_pct": -39.07510438797536,
          "cagr_3y_pct": 410.740818386692
        },
        {
          "year": 2008,
          "export_value_usd": 570869.7509106618,
          "yoy_growth_pct": -88.98718048823513,
          "cagr_3y_pct": -44.161726636458845
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          "year": 2009,
          "export_value_usd": 8226569.4475521045,
          "yoy_growth_pct": 1341.0589165792953,
          "cagr_3y_pct": -1.1162296187471554
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        {
          "year": 2010,
          "export_value_usd": 12162008.611634467,
          "yoy_growth_pct": 47.83815646573544,
          "cagr_3y_pct": 32.87876987195104
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        {
          "year": 2011,
          "export_value_usd": 2746224.02588433,
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          "cagr_3y_pct": 68.81057286328434
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        {
          "year": 2012,
          "export_value_usd": 778442.5851983967,
          "yoy_growth_pct": -71.65407563763029,
          "cagr_3y_pct": -54.43102366659668
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        {
          "year": 2013,
          "export_value_usd": 398945.4652502761,
          "yoy_growth_pct": -48.75081697276371,
          "cagr_3y_pct": -67.98874196905145
        },
        {
          "year": 2014,
          "export_value_usd": 246546.91496562026,
          "yoy_growth_pct": -38.200346553394084,
          "cagr_3y_pct": -55.223047046866554
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        {
          "year": 2015,
          "export_value_usd": 424167.6054805831,
          "yoy_growth_pct": 72.04336364936108,
          "cagr_3y_pct": -18.322274172149854
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        {
          "year": 2016,
          "export_value_usd": 265315.1678345516,
          "yoy_growth_pct": -37.45039356931825,
          "cagr_3y_pct": -12.713010445114016
        },
        {
          "year": 2017,
          "export_value_usd": 5942422.707348763,
          "yoy_growth_pct": 2139.759888531669,
          "cagr_3y_pct": 188.86038760809635
        },
        {
          "year": 2018,
          "export_value_usd": 454317.1497316524,
          "yoy_growth_pct": -92.35468137987195,
          "cagr_3y_pct": 2.315291169103051
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        {
          "year": 2019,
          "export_value_usd": 4810161.261869398,
          "yoy_growth_pct": 958.7672652706539,
          "cagr_3y_pct": 162.7034961142256
        },
        {
          "year": 2020,
          "export_value_usd": 652916.1180677918,
          "yoy_growth_pct": -86.42631540768664,
          "cagr_3y_pct": -52.104142897890185
        },
        {
          "year": 2021,
          "export_value_usd": 1638530.9375678499,
          "yoy_growth_pct": 150.95581074286213,
          "cagr_3y_pct": 53.355199370673965
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        {
          "year": 2022,
          "export_value_usd": 3015535.885411392,
          "yoy_growth_pct": 84.03899592445269,
          "cagr_3y_pct": -14.41421832733023
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        {
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          "export_value_usd": 1245762.9432401864,
          "yoy_growth_pct": -58.68850544054347,
          "cagr_3y_pct": 24.029789344907158
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        {
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          "cagr_3y_pct": -49.02375008491314
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      ],
      "routeHistoryScope": "Broader Cabo Verde to NLD route exports, not only HS 940390."
    },
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      {
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        "hs_code": "847990",
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    ],
    "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"
        }
      ]
    }
  },
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