{
  "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/deu-mar-270112",
  "seo": {
    "title": "Germany to Morocco new corridor | HS 270112 | Yugalinks",
    "description": "Reported new-corridor signal for Germany to Morocco in coal (HS 270112), 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": "DEU-MAR-HS 270112",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/deu-mar-270112"
    }
  ],
  "exporter": {
    "iso3": "DEU",
    "country_name": "Germany"
  },
  "importer": {
    "iso3": "MAR",
    "country_name": "Morocco"
  },
  "hsCode": "270112",
  "product": "Coal: bituminous, whether or not pulverised, but not agglomerated",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "DEU",
    "importer_iso3": "MAR",
    "hs_code": "270112",
    "your_market_share_pct": 0.1696612890092094,
    "your_share_change_pp": 0.1696612890092094,
    "market_imports_usd": 562648712.4631572,
    "market_yoy_growth_pct": -8.128797487545436,
    "market_cagr_3y_pct": -1.775591,
    "top_supplier_iso3": "USA",
    "top_supplier_share_pct": 90.09882068573569,
    "your_share_gap_pp": 89.92915939672648,
    "num_suppliers": 11,
    "market_hhi": 8157.326288145883,
    "volatility_mean_usd": 954597.0581587127,
    "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": "DEU",
    "importer_iso3": "MAR",
    "hs_code": "270112",
    "hs_description": "Coal: bituminous, whether or not pulverised, but not agglomerated",
    "hs_chapter": "27",
    "hs_heading": "2701",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -35.083916,
    "buyer_imports_latest_usd": 562648712.4631573,
    "buyer_imports_avg_usd": 236021327.51321653,
    "buyer_imports_peak_usd": 612432075.640766,
    "buyer_cagr_full_pct": 8.4826,
    "buyer_yoy_avg_pct": 80.7389,
    "buyer_yoy_latest_pct": -8.1288,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 718318596.53,
    "buyer_imports_proj_5y_usd": 845350791.77,
    "buyer_gdp_mn_latest": 132725.261467,
    "buyer_gdp_pc_latest": 3554,
    "buyer_population_latest": 37344.788,
    "buyer_investment_rate": 32.82,
    "buyer_savings_rate": 20.62,
    "buyer_edu_secondary": 41.95,
    "buyer_gdp_mn_2030_proj": 162760.18,
    "buyer_gdp_pc_2030_proj": 4115.1,
    "buyer_gdp_pc_growth_pct": 15.79,
    "buyer_gdp_mn_growth_pct": 22.63,
    "buyer_pop_growth_pct": 5.91,
    "exports_latest_usd": 954597.0581587127,
    "exports_avg_usd": 954597.0581587127,
    "exports_peak_usd": 954597.0581587127,
    "share_latest_pct": 0.16966128900920938,
    "share_avg_pct": 0.16966128900920938,
    "share_peak_pct": 0.16966128900920938,
    "share_change_1y_pp": 0.16966128900920938,
    "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": 89.9292,
    "addressable_proj_3y_usd": 645977875.65,
    "addressable_proj_5y_usd": 760216860.99,
    "peer_best_share_pct": 90.09882068573567,
    "peer_top_exporter": "USA",
    "num_suppliers_latest": 11,
    "buyer_herfindahl_index": 8157.33,
    "distance_km": 2237.169189453125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.06499315053224564,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 9,
    "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": {
    "exporter_iso3": "DEU",
    "importer_iso3": "MAR",
    "hs_code": "270112",
    "hs_description": "Coal: bituminous, whether or not pulverised, but not agglomerated",
    "hs_chapter": "27",
    "hs_heading": "2701",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -35.083916,
    "buyer_imports_latest_usd": 562648712.4631573,
    "buyer_imports_avg_usd": 236021327.51321653,
    "buyer_imports_peak_usd": 612432075.640766,
    "buyer_cagr_full_pct": 8.4826,
    "buyer_yoy_avg_pct": 80.7389,
    "buyer_yoy_latest_pct": -8.1288,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 718318596.53,
    "buyer_imports_proj_5y_usd": 845350791.77,
    "buyer_gdp_mn_latest": 132725.261467,
    "buyer_gdp_pc_latest": 3554,
    "buyer_population_latest": 37344.788,
    "buyer_investment_rate": 32.82,
    "buyer_savings_rate": 20.62,
    "buyer_edu_secondary": 41.95,
    "buyer_gdp_mn_2030_proj": 162760.18,
    "buyer_gdp_pc_2030_proj": 4115.1,
    "buyer_gdp_pc_growth_pct": 15.79,
    "buyer_gdp_mn_growth_pct": 22.63,
    "buyer_pop_growth_pct": 5.91,
    "exports_latest_usd": 954597.0581587127,
    "exports_avg_usd": 954597.0581587127,
    "exports_peak_usd": 954597.0581587127,
    "share_latest_pct": 0.16966128900920938,
    "share_avg_pct": 0.16966128900920938,
    "share_peak_pct": 0.16966128900920938,
    "share_change_1y_pp": 0.16966128900920938,
    "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": 89.9292,
    "addressable_proj_3y_usd": 645977875.65,
    "addressable_proj_5y_usd": 760216860.99,
    "peer_best_share_pct": 90.09882068573567,
    "peer_top_exporter": "USA",
    "num_suppliers_latest": 11,
    "buyer_herfindahl_index": 8157.33,
    "distance_km": 2237.169189453125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.06499315053224564,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 9,
    "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_data_year": 2024,
    "avg_applied_tariff_pct": 47.29887787399177,
    "avg_mfn_tariff_pct": 47.69065796090534,
    "avg_preferential_tariff_pct": 1.1137358973000002,
    "tariff_advantage_pp": 46.576922063605345,
    "rta_coverage_ratio": 1,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 4.493870310126513,
    "buyer_gdp_pc_5y_cagr_pct": 3.4337131700827195,
    "buyer_population_5y_cagr_pct": 1.0122871045357362,
    "buyer_investment_5y_avg_pct": 33.041999999999994,
    "buyer_savings_5y_avg_pct": 20.788,
    "current_below_peak_usd": 0,
    "current_below_peak_pct": 0,
    "latest_vs_historical_avg_pct": 0,
    "share_change_all_pp": 0,
    "volatility_label": "Stable",
    "drawdown_label": "Near historical peak",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand softened recently",
    "access_label": "Reported FTA available",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "concentrated_buyer_market",
      "dominant_supplier",
      "limited_history"
    ],
    "risk_driver_count": 3,
    "attention_level": "Watch",
    "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
    "lane_access_data_available": true
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 954597.0581587127,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 723141623.4152665,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 656573089.3137152,
      "yoy_growth_pct": -9.205462933686515,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 550779688.875123,
      "yoy_growth_pct": -16.112966272981588,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 642171658.4357896,
      "yoy_growth_pct": 16.59319895171145,
      "cagr_3y_pct": -3.8809968212024093
    },
    {
      "year": 1999,
      "export_value_usd": 595805285.4764507,
      "yoy_growth_pct": -7.220245918712564,
      "cagr_3y_pct": -3.1854961033840334
    },
    {
      "year": 2000,
      "export_value_usd": 610985461.229456,
      "yoy_growth_pct": 2.5478417400856213,
      "cagr_3y_pct": 3.518424405127174
    },
    {
      "year": 2001,
      "export_value_usd": 604597300.8805172,
      "yoy_growth_pct": -1.0455503042714143,
      "cagr_3y_pct": -1.989706477282649
    },
    {
      "year": 2002,
      "export_value_usd": 657548866.7800616,
      "yoy_growth_pct": 8.758154530697926,
      "cagr_3y_pct": 3.341452326812555
    },
    {
      "year": 2003,
      "export_value_usd": 872022570.7857473,
      "yoy_growth_pct": 32.61715057862358,
      "cagr_3y_pct": 12.589774676676235
    },
    {
      "year": 2004,
      "export_value_usd": 1152710234.9901063,
      "yoy_growth_pct": 32.18811916203519,
      "cagr_3y_pct": 23.99894260823734
    },
    {
      "year": 2005,
      "export_value_usd": 1095688503.0490108,
      "yoy_growth_pct": -4.946753330561426,
      "cagr_3y_pct": 18.554949629299976
    },
    {
      "year": 2006,
      "export_value_usd": 1234789577.807555,
      "yoy_growth_pct": 12.695312068298858,
      "cagr_3y_pct": 12.29361845052155
    },
    {
      "year": 2007,
      "export_value_usd": 1671174510.7539158,
      "yoy_growth_pct": 35.34083383836047,
      "cagr_3y_pct": 13.179355863248677
    },
    {
      "year": 2008,
      "export_value_usd": 2078349940.28383,
      "yoy_growth_pct": 24.36462660899641,
      "cagr_3y_pct": 23.787613297971856
    },
    {
      "year": 2009,
      "export_value_usd": 1810755733.321175,
      "yoy_growth_pct": -12.875320068867268,
      "cagr_3y_pct": 13.611502818583121
    },
    {
      "year": 2010,
      "export_value_usd": 1762901309.8466065,
      "yoy_growth_pct": -2.6427873508260036,
      "cagr_3y_pct": 1.797098396901875
    },
    {
      "year": 2011,
      "export_value_usd": 2083080261.3713608,
      "yoy_growth_pct": 18.16204626636835,
      "cagr_3y_pct": 0.07580912775118076
    },
    {
      "year": 2012,
      "export_value_usd": 2086512788.6120617,
      "yoy_growth_pct": 0.164781324289498,
      "cagr_3y_pct": 4.838402337579151
    },
    {
      "year": 2013,
      "export_value_usd": 2126933823.9144573,
      "yoy_growth_pct": 1.9372531777906543,
      "cagr_3y_pct": 6.457270214060973
    },
    {
      "year": 2014,
      "export_value_usd": 2278993114.25488,
      "yoy_growth_pct": 7.149225266471593,
      "cagr_3y_pct": 3.041538969069979
    },
    {
      "year": 2015,
      "export_value_usd": 2085831904.7544174,
      "yoy_growth_pct": -8.475725893696563,
      "cagr_3y_pct": -0.010878724511254045
    },
    {
      "year": 2016,
      "export_value_usd": 2269245594.365443,
      "yoy_growth_pct": 8.793311157670725,
      "cagr_3y_pct": 2.182339332304517
    },
    {
      "year": 2017,
      "export_value_usd": 2469356058.4661026,
      "yoy_growth_pct": 8.818369620174016,
      "cagr_3y_pct": 2.710198269416053
    },
    {
      "year": 2018,
      "export_value_usd": 2427353920.9381275,
      "yoy_growth_pct": -1.7009348402378888,
      "cagr_3y_pct": 5.184383479878996
    },
    {
      "year": 2019,
      "export_value_usd": 2452182130.5875993,
      "yoy_growth_pct": 1.0228508267914993,
      "cagr_3y_pct": 2.618046001940888
    },
    {
      "year": 2020,
      "export_value_usd": 2213199077.2564793,
      "yoy_growth_pct": -9.74573015397735,
      "cagr_3y_pct": -3.5847818451311353
    },
    {
      "year": 2021,
      "export_value_usd": 2542958752.3331866,
      "yoy_growth_pct": 14.899684283507074,
      "cagr_3y_pct": 1.5629727405846339
    },
    {
      "year": 2022,
      "export_value_usd": 2938087028.7081227,
      "yoy_growth_pct": 15.538131556888302,
      "cagr_3y_pct": 6.2112803456798815
    },
    {
      "year": 2023,
      "export_value_usd": 3480187304.16745,
      "yoy_growth_pct": 18.45079026463314,
      "cagr_3y_pct": 16.285985905535092
    },
    {
      "year": 2024,
      "export_value_usd": 3567257962.428769,
      "yoy_growth_pct": 2.5018957501814265,
      "cagr_3y_pct": 11.943375947320689
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "THA",
      "hs_code": "230400",
      "your_market_share_pct": 1.822150974381198e-7,
      "your_share_change_pp": 1.822150974381198e-7,
      "market_imports_usd": 1234584800.76791,
      "market_yoy_growth_pct": -23.816569883346762,
      "market_cagr_3y_pct": 0.801516,
      "top_supplier_iso3": "BRA",
      "top_supplier_share_pct": 91.62973028746904,
      "your_share_gap_pp": 91.62973010525394,
      "num_suppliers": 15,
      "market_hhi": 8422.001668136267,
      "volatility_mean_usd": 2.2495998976754645,
      "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": 10.23659784771031,
      "exporter_name": "Germany",
      "importer_name": "Thailand",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "UKR",
      "hs_code": "271600",
      "your_market_share_pct": 0.000012496465628222996,
      "your_share_change_pp": 0.000012496465628222996,
      "market_imports_usd": 935564110.6165783,
      "market_yoy_growth_pct": 276.31853295754564,
      "market_cagr_3y_pct": 73.59525,
      "top_supplier_iso3": "SVK",
      "top_supplier_share_pct": 41.51818549892159,
      "your_share_gap_pp": 41.51817300245596,
      "num_suppliers": 9,
      "market_hhi": 2740.8502362698973,
      "volatility_mean_usd": 116.91244751319087,
      "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": 41.43119308255386,
      "exporter_name": "Germany",
      "importer_name": "Ukraine",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "NPL",
      "hs_code": "271012",
      "your_market_share_pct": 0.0003984577419015534,
      "your_share_change_pp": 0.0003984577419015534,
      "market_imports_usd": 501982552.92045105,
      "market_yoy_growth_pct": 3.2500483388273826,
      "market_cagr_3y_pct": 8.982294,
      "top_supplier_iso3": "IND",
      "top_supplier_share_pct": 99.88909005531434,
      "your_share_gap_pp": 99.88869159757245,
      "num_suppliers": 4,
      "market_hhi": 9977.842496464764,
      "volatility_mean_usd": 2000.1883451065996,
      "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": 66.02575929787294,
      "exporter_name": "Germany",
      "importer_name": "NPL",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "MEX",
      "hs_code": "071333",
      "your_market_share_pct": 0.000650341089947266,
      "your_share_change_pp": 0.000650341089947266,
      "market_imports_usd": 454777141.62434447,
      "market_yoy_growth_pct": 40.70361539124172,
      "market_cagr_3y_pct": 45.413328,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 73.0984972274982,
      "your_share_gap_pp": 73.09784688640825,
      "num_suppliers": 16,
      "market_hhi": 5587.094527331491,
      "volatility_mean_usd": 2957.6026196707835,
      "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": 69.42173274914983,
      "exporter_name": "Germany",
      "importer_name": "Mexico",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "KHM",
      "hs_code": "430110",
      "your_market_share_pct": 0.05969970423376293,
      "your_share_change_pp": 0.05969970423376293,
      "market_imports_usd": 358223142.8698321,
      "market_yoy_growth_pct": 24.86760645791961,
      "market_cagr_3y_pct": 5.66965,
      "top_supplier_iso3": "DNK",
      "top_supplier_share_pct": 47.61983170795225,
      "your_share_gap_pp": 47.560132003718486,
      "num_suppliers": 17,
      "market_hhi": 3983.8541295590553,
      "volatility_mean_usd": 213858.15679017978,
      "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": "Germany",
      "importer_name": "KHM",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "BRA",
      "hs_code": "100590",
      "your_market_share_pct": 0.006275604306367207,
      "your_share_change_pp": 0.006275604306367207,
      "market_imports_usd": 279055821.2420747,
      "market_yoy_growth_pct": 3.531193436980251,
      "market_cagr_3y_pct": -26.958802,
      "top_supplier_iso3": "PRY",
      "top_supplier_share_pct": 97.6274505221601,
      "your_share_gap_pp": 97.62117491785374,
      "num_suppliers": 12,
      "market_hhi": 9535.255682688095,
      "volatility_mean_usd": 17512.439135036017,
      "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": 84.86742874772182,
      "exporter_name": "Germany",
      "importer_name": "BRA",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "EGY",
      "hs_code": "010229",
      "your_market_share_pct": 0.477100619689857,
      "your_share_change_pp": 0.477100619689857,
      "market_imports_usd": 238644428.6624034,
      "market_yoy_growth_pct": 15.193838552907346,
      "market_cagr_3y_pct": 12.088698,
      "top_supplier_iso3": "BRA",
      "top_supplier_share_pct": 50.68714871591406,
      "your_share_gap_pp": 50.210048096224206,
      "num_suppliers": 7,
      "market_hhi": 4503.0594815897275,
      "volatility_mean_usd": 1138574.0480036454,
      "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": "Germany",
      "importer_name": "Egypt",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "DEU",
      "importer_iso3": "USA",
      "hs_code": "070820",
      "your_market_share_pct": 0.00002195078442710068,
      "your_share_change_pp": 0.00002195078442710068,
      "market_imports_usd": 215978607.34175938,
      "market_yoy_growth_pct": 15.670878179908133,
      "market_cagr_3y_pct": 10.662806,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 58.62581882706767,
      "your_share_gap_pp": 58.62579687628324,
      "num_suppliers": 35,
      "market_hhi": 4830.206635962457,
      "volatility_mean_usd": 47.40899850624384,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 33.69852195948542,
      "exporter_name": "Germany",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "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": "Morocco",
        "imports": "$562.6M",
        "year": 2024,
        "annualChange": "-8.1%"
      },
      "exporterPosition": {
        "exporter": "Germany",
        "routeExports": "$954.6K",
        "currentShare": "0.2%"
      }
    },
    "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": "$562.6M",
      "projectionThreeYears": "$718.3M",
      "supplierCount": "11",
      "averageImports": "$236.0M",
      "historicalPeak": "$612.4M",
      "fullHistoryGrowth": "+8.5%",
      "latestAnnualChange": "-8.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "USA, Puerto Rico and US Virgin Islands",
        "iso3": "USA",
        "share": "90.1%"
      },
      "marketConcentrationHhi": "8,157",
      "exporterShare": "0.2%",
      "shareGap": "89.9%"
    },
    "access": {
      "appliedTariff": "47.3%",
      "mfnTariff": "47.7%",
      "preferentialTariff": "1.1%",
      "distance": "2,237 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "9 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$3.6K",
      "gdpPerPersonGrowth": "+15.8%",
      "populationThousands": "37,345",
      "gdp": "$132.7B",
      "gdpFiveYearCagr": "+4.5%",
      "investmentRate": "32.8%",
      "savingsRate": "20.6%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 954597.0581587127,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 723141623.4152665,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 656573089.3137152,
          "yoy_growth_pct": -9.205462933686515,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 550779688.875123,
          "yoy_growth_pct": -16.112966272981588,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 642171658.4357896,
          "yoy_growth_pct": 16.59319895171145,
          "cagr_3y_pct": -3.8809968212024093
        },
        {
          "year": 1999,
          "export_value_usd": 595805285.4764507,
          "yoy_growth_pct": -7.220245918712564,
          "cagr_3y_pct": -3.1854961033840334
        },
        {
          "year": 2000,
          "export_value_usd": 610985461.229456,
          "yoy_growth_pct": 2.5478417400856213,
          "cagr_3y_pct": 3.518424405127174
        },
        {
          "year": 2001,
          "export_value_usd": 604597300.8805172,
          "yoy_growth_pct": -1.0455503042714143,
          "cagr_3y_pct": -1.989706477282649
        },
        {
          "year": 2002,
          "export_value_usd": 657548866.7800616,
          "yoy_growth_pct": 8.758154530697926,
          "cagr_3y_pct": 3.341452326812555
        },
        {
          "year": 2003,
          "export_value_usd": 872022570.7857473,
          "yoy_growth_pct": 32.61715057862358,
          "cagr_3y_pct": 12.589774676676235
        },
        {
          "year": 2004,
          "export_value_usd": 1152710234.9901063,
          "yoy_growth_pct": 32.18811916203519,
          "cagr_3y_pct": 23.99894260823734
        },
        {
          "year": 2005,
          "export_value_usd": 1095688503.0490108,
          "yoy_growth_pct": -4.946753330561426,
          "cagr_3y_pct": 18.554949629299976
        },
        {
          "year": 2006,
          "export_value_usd": 1234789577.807555,
          "yoy_growth_pct": 12.695312068298858,
          "cagr_3y_pct": 12.29361845052155
        },
        {
          "year": 2007,
          "export_value_usd": 1671174510.7539158,
          "yoy_growth_pct": 35.34083383836047,
          "cagr_3y_pct": 13.179355863248677
        },
        {
          "year": 2008,
          "export_value_usd": 2078349940.28383,
          "yoy_growth_pct": 24.36462660899641,
          "cagr_3y_pct": 23.787613297971856
        },
        {
          "year": 2009,
          "export_value_usd": 1810755733.321175,
          "yoy_growth_pct": -12.875320068867268,
          "cagr_3y_pct": 13.611502818583121
        },
        {
          "year": 2010,
          "export_value_usd": 1762901309.8466065,
          "yoy_growth_pct": -2.6427873508260036,
          "cagr_3y_pct": 1.797098396901875
        },
        {
          "year": 2011,
          "export_value_usd": 2083080261.3713608,
          "yoy_growth_pct": 18.16204626636835,
          "cagr_3y_pct": 0.07580912775118076
        },
        {
          "year": 2012,
          "export_value_usd": 2086512788.6120617,
          "yoy_growth_pct": 0.164781324289498,
          "cagr_3y_pct": 4.838402337579151
        },
        {
          "year": 2013,
          "export_value_usd": 2126933823.9144573,
          "yoy_growth_pct": 1.9372531777906543,
          "cagr_3y_pct": 6.457270214060973
        },
        {
          "year": 2014,
          "export_value_usd": 2278993114.25488,
          "yoy_growth_pct": 7.149225266471593,
          "cagr_3y_pct": 3.041538969069979
        },
        {
          "year": 2015,
          "export_value_usd": 2085831904.7544174,
          "yoy_growth_pct": -8.475725893696563,
          "cagr_3y_pct": -0.010878724511254045
        },
        {
          "year": 2016,
          "export_value_usd": 2269245594.365443,
          "yoy_growth_pct": 8.793311157670725,
          "cagr_3y_pct": 2.182339332304517
        },
        {
          "year": 2017,
          "export_value_usd": 2469356058.4661026,
          "yoy_growth_pct": 8.818369620174016,
          "cagr_3y_pct": 2.710198269416053
        },
        {
          "year": 2018,
          "export_value_usd": 2427353920.9381275,
          "yoy_growth_pct": -1.7009348402378888,
          "cagr_3y_pct": 5.184383479878996
        },
        {
          "year": 2019,
          "export_value_usd": 2452182130.5875993,
          "yoy_growth_pct": 1.0228508267914993,
          "cagr_3y_pct": 2.618046001940888
        },
        {
          "year": 2020,
          "export_value_usd": 2213199077.2564793,
          "yoy_growth_pct": -9.74573015397735,
          "cagr_3y_pct": -3.5847818451311353
        },
        {
          "year": 2021,
          "export_value_usd": 2542958752.3331866,
          "yoy_growth_pct": 14.899684283507074,
          "cagr_3y_pct": 1.5629727405846339
        },
        {
          "year": 2022,
          "export_value_usd": 2938087028.7081227,
          "yoy_growth_pct": 15.538131556888302,
          "cagr_3y_pct": 6.2112803456798815
        },
        {
          "year": 2023,
          "export_value_usd": 3480187304.16745,
          "yoy_growth_pct": 18.45079026463314,
          "cagr_3y_pct": 16.285985905535092
        },
        {
          "year": 2024,
          "export_value_usd": 3567257962.428769,
          "yoy_growth_pct": 2.5018957501814265,
          "cagr_3y_pct": 11.943375947320689
        }
      ],
      "routeHistoryScope": "Broader Germany to Morocco route exports, not only HS 270112."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "THA",
        "hs_code": "230400",
        "your_market_share_pct": 1.822150974381198e-7,
        "your_share_change_pp": 1.822150974381198e-7,
        "market_imports_usd": 1234584800.76791,
        "market_yoy_growth_pct": -23.816569883346762,
        "market_cagr_3y_pct": 0.801516,
        "top_supplier_iso3": "BRA",
        "top_supplier_share_pct": 91.62973028746904,
        "your_share_gap_pp": 91.62973010525394,
        "num_suppliers": 15,
        "market_hhi": 8422.001668136267,
        "volatility_mean_usd": 2.2495998976754645,
        "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": 10.23659784771031,
        "exporter_name": "Germany",
        "importer_name": "Thailand",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-tha-230400"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "UKR",
        "hs_code": "271600",
        "your_market_share_pct": 0.000012496465628222996,
        "your_share_change_pp": 0.000012496465628222996,
        "market_imports_usd": 935564110.6165783,
        "market_yoy_growth_pct": 276.31853295754564,
        "market_cagr_3y_pct": 73.59525,
        "top_supplier_iso3": "SVK",
        "top_supplier_share_pct": 41.51818549892159,
        "your_share_gap_pp": 41.51817300245596,
        "num_suppliers": 9,
        "market_hhi": 2740.8502362698973,
        "volatility_mean_usd": 116.91244751319087,
        "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": 41.43119308255386,
        "exporter_name": "Germany",
        "importer_name": "Ukraine",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-ukr-271600"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "NPL",
        "hs_code": "271012",
        "your_market_share_pct": 0.0003984577419015534,
        "your_share_change_pp": 0.0003984577419015534,
        "market_imports_usd": 501982552.92045105,
        "market_yoy_growth_pct": 3.2500483388273826,
        "market_cagr_3y_pct": 8.982294,
        "top_supplier_iso3": "IND",
        "top_supplier_share_pct": 99.88909005531434,
        "your_share_gap_pp": 99.88869159757245,
        "num_suppliers": 4,
        "market_hhi": 9977.842496464764,
        "volatility_mean_usd": 2000.1883451065996,
        "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": 66.02575929787294,
        "exporter_name": "Germany",
        "importer_name": "NPL",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-npl-271012"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "MEX",
        "hs_code": "071333",
        "your_market_share_pct": 0.000650341089947266,
        "your_share_change_pp": 0.000650341089947266,
        "market_imports_usd": 454777141.62434447,
        "market_yoy_growth_pct": 40.70361539124172,
        "market_cagr_3y_pct": 45.413328,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 73.0984972274982,
        "your_share_gap_pp": 73.09784688640825,
        "num_suppliers": 16,
        "market_hhi": 5587.094527331491,
        "volatility_mean_usd": 2957.6026196707835,
        "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": 69.42173274914983,
        "exporter_name": "Germany",
        "importer_name": "Mexico",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-mex-071333"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "KHM",
        "hs_code": "430110",
        "your_market_share_pct": 0.05969970423376293,
        "your_share_change_pp": 0.05969970423376293,
        "market_imports_usd": 358223142.8698321,
        "market_yoy_growth_pct": 24.86760645791961,
        "market_cagr_3y_pct": 5.66965,
        "top_supplier_iso3": "DNK",
        "top_supplier_share_pct": 47.61983170795225,
        "your_share_gap_pp": 47.560132003718486,
        "num_suppliers": 17,
        "market_hhi": 3983.8541295590553,
        "volatility_mean_usd": 213858.15679017978,
        "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": "Germany",
        "importer_name": "KHM",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-khm-430110"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "BRA",
        "hs_code": "100590",
        "your_market_share_pct": 0.006275604306367207,
        "your_share_change_pp": 0.006275604306367207,
        "market_imports_usd": 279055821.2420747,
        "market_yoy_growth_pct": 3.531193436980251,
        "market_cagr_3y_pct": -26.958802,
        "top_supplier_iso3": "PRY",
        "top_supplier_share_pct": 97.6274505221601,
        "your_share_gap_pp": 97.62117491785374,
        "num_suppliers": 12,
        "market_hhi": 9535.255682688095,
        "volatility_mean_usd": 17512.439135036017,
        "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": 84.86742874772182,
        "exporter_name": "Germany",
        "importer_name": "BRA",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-bra-100590"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "EGY",
        "hs_code": "010229",
        "your_market_share_pct": 0.477100619689857,
        "your_share_change_pp": 0.477100619689857,
        "market_imports_usd": 238644428.6624034,
        "market_yoy_growth_pct": 15.193838552907346,
        "market_cagr_3y_pct": 12.088698,
        "top_supplier_iso3": "BRA",
        "top_supplier_share_pct": 50.68714871591406,
        "your_share_gap_pp": 50.210048096224206,
        "num_suppliers": 7,
        "market_hhi": 4503.0594815897275,
        "volatility_mean_usd": 1138574.0480036454,
        "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": "Germany",
        "importer_name": "Egypt",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-egy-010229"
      },
      {
        "year": 2024,
        "exporter_iso3": "DEU",
        "importer_iso3": "USA",
        "hs_code": "070820",
        "your_market_share_pct": 0.00002195078442710068,
        "your_share_change_pp": 0.00002195078442710068,
        "market_imports_usd": 215978607.34175938,
        "market_yoy_growth_pct": 15.670878179908133,
        "market_cagr_3y_pct": 10.662806,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 58.62581882706767,
        "your_share_gap_pp": 58.62579687628324,
        "num_suppliers": 35,
        "market_hhi": 4830.206635962457,
        "volatility_mean_usd": 47.40899850624384,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 33.69852195948542,
        "exporter_name": "Germany",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/deu-usa-070820"
      }
    ],
    "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/270112",
    "workspace": "https://www.yugalinks.com/app?hs=270112",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/deu-mar-270112/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/deu-mar-270112/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/deu-mar-270112/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": "2026-09-02T11:40:44.233Z"
}