{
  "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/ecu-bel-170199",
  "seo": {
    "title": "Ecuador to Belgium new corridor | HS 170199 | Yugalinks",
    "description": "Reported new-corridor signal for Ecuador to Belgium in sugars (HS 170199), 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": "ECU-BEL-HS 170199",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-bel-170199"
    }
  ],
  "exporter": {
    "iso3": "ECU",
    "country_name": "Ecuador"
  },
  "importer": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "hsCode": "170199",
  "product": "Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "ECU",
    "importer_iso3": "BEL",
    "hs_code": "170199",
    "your_market_share_pct": 0.003975584769267561,
    "your_share_change_pp": 0.003975584769267561,
    "market_imports_usd": 537896776.1022004,
    "market_yoy_growth_pct": 12.257144609241767,
    "market_cagr_3y_pct": 25.962957,
    "top_supplier_iso3": "FRA",
    "top_supplier_share_pct": 50.498650987460046,
    "your_share_gap_pp": 50.49467540269078,
    "num_suppliers": 68,
    "market_hhi": 3584.122387402721,
    "volatility_mean_usd": 21384.542305100313,
    "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": 86.602405355711
  },
  "market": {
    "exporter_iso3": "ECU",
    "importer_iso3": "BEL",
    "hs_code": "170199",
    "hs_description": "Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter",
    "hs_chapter": "17",
    "hs_heading": "1701",
    "price_range_label": "High price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -2.9122021,
    "buyer_imports_latest_usd": 537896776.1022004,
    "buyer_imports_avg_usd": 350967451.17231756,
    "buyer_imports_peak_usd": 734541050.796585,
    "buyer_cagr_full_pct": 0.0613,
    "buyer_yoy_avg_pct": 5.3387,
    "buyer_yoy_latest_pct": 12.2571,
    "buyer_trend_consistency_pct": 56,
    "buyer_imports_proj_3y_usd": 538886141.87,
    "buyer_imports_proj_5y_usd": 539546729.83,
    "buyer_gdp_mn_latest": 599879.025378,
    "buyer_gdp_pc_latest": 51768,
    "buyer_population_latest": 11587.882,
    "buyer_investment_rate": 23.69,
    "buyer_savings_rate": 24.85,
    "buyer_edu_secondary": 92.2,
    "buyer_gdp_mn_2030_proj": 621018.19,
    "buyer_gdp_pc_2030_proj": 52803.09,
    "buyer_gdp_pc_growth_pct": 2,
    "buyer_gdp_mn_growth_pct": 3.52,
    "buyer_pop_growth_pct": 1.49,
    "exports_latest_usd": 21384.542305100313,
    "exports_avg_usd": 21384.542305100313,
    "exports_peak_usd": 21384.542305100313,
    "share_latest_pct": 0.003975584769267561,
    "share_avg_pct": 0.003975584769267561,
    "share_peak_pct": 0.003975584769267561,
    "share_change_1y_pp": 0.003975584769267561,
    "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": 50.4947,
    "addressable_proj_3y_usd": 272108808.13,
    "addressable_proj_5y_usd": 272442369.87,
    "peer_best_share_pct": 50.498650987460046,
    "peer_top_exporter": "FRA",
    "num_suppliers_latest": 68,
    "buyer_herfindahl_index": 3584.12,
    "distance_km": 9535.30859375,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 5,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0,
    "lane_max_drawdown_pct": 0,
    "signal_flag": "Declining",
    "lane_data_years": 1,
    "lane_last_year": 2024
  },
  "access": {
    "lane_access_data_available": false,
    "exporter_iso3": "ECU",
    "importer_iso3": "BEL",
    "hs_code": "170199"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 21384.542305100313,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1999,
      "export_value_usd": 86193136.84684208,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "export_value_usd": 80343954.50250594,
      "yoy_growth_pct": -6.78613467187027,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "export_value_usd": 88140939.09667462,
      "yoy_growth_pct": 9.704506882251462,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "export_value_usd": 82614000.39052212,
      "yoy_growth_pct": -6.270569343594634,
      "cagr_3y_pct": -1.403767105298881
    },
    {
      "year": 2003,
      "export_value_usd": 101352222.34155045,
      "yoy_growth_pct": 22.68165427464044,
      "cagr_3y_pct": 8.050477558703516
    },
    {
      "year": 2004,
      "export_value_usd": 132312951.96235697,
      "yoy_growth_pct": 30.54765737298868,
      "cagr_3y_pct": 14.500722870604443
    },
    {
      "year": 2005,
      "export_value_usd": 142916906.90495032,
      "yoy_growth_pct": 8.014298513731433,
      "cagr_3y_pct": 20.0447906762661
    },
    {
      "year": 2006,
      "export_value_usd": 175192696.80387294,
      "yoy_growth_pct": 22.583605115655246,
      "cagr_3y_pct": 20.01280157434269
    },
    {
      "year": 2007,
      "export_value_usd": 252851371.8767937,
      "yoy_growth_pct": 44.32757557231917,
      "cagr_3y_pct": 24.095010028522967
    },
    {
      "year": 2008,
      "export_value_usd": 272824617.787873,
      "yoy_growth_pct": 7.899204090856826,
      "cagr_3y_pct": 24.050917966298524
    },
    {
      "year": 2009,
      "export_value_usd": 252537911.43270096,
      "yoy_growth_pct": -7.435804921000722,
      "cagr_3y_pct": 12.963167658877328
    },
    {
      "year": 2010,
      "export_value_usd": 247163847.54696342,
      "yoy_growth_pct": -2.1280226225240173,
      "cagr_3y_pct": -0.7554780122064897
    },
    {
      "year": 2011,
      "export_value_usd": 286398948.54061073,
      "yoy_growth_pct": 15.874126164908597,
      "cagr_3y_pct": 1.6317228884565882
    },
    {
      "year": 2012,
      "export_value_usd": 205284821.07627997,
      "yoy_growth_pct": -28.322075858748818,
      "cagr_3y_pct": -6.672402797899046
    },
    {
      "year": 2013,
      "export_value_usd": 218865375.994934,
      "yoy_growth_pct": 6.615469593637302,
      "cagr_3y_pct": -3.972113205656602
    },
    {
      "year": 2014,
      "export_value_usd": 205205293.7919664,
      "yoy_growth_pct": -6.241317129706148,
      "cagr_3y_pct": -10.517306746112387
    },
    {
      "year": 2015,
      "export_value_usd": 184564834.7625401,
      "yoy_growth_pct": -10.058443740906242,
      "cagr_3y_pct": -3.4844314720904435
    },
    {
      "year": 2016,
      "export_value_usd": 135533455.06127575,
      "yoy_growth_pct": -26.5659380695937,
      "cagr_3y_pct": -14.763982671355258
    },
    {
      "year": 2017,
      "export_value_usd": 130662266.3275165,
      "yoy_growth_pct": -3.5940858524981523,
      "cagr_3y_pct": -13.969217026378844
    },
    {
      "year": 2018,
      "export_value_usd": 150481439.22945672,
      "yoy_growth_pct": 15.168245170538919,
      "cagr_3y_pct": -6.578968255460859
    },
    {
      "year": 2019,
      "export_value_usd": 126648289.8990709,
      "yoy_growth_pct": -15.837932872269134,
      "cagr_3y_pct": -2.2348044128844946
    },
    {
      "year": 2020,
      "export_value_usd": 163722541.44497487,
      "yoy_growth_pct": 29.273392933650612,
      "cagr_3y_pct": 7.808440447744536
    },
    {
      "year": 2021,
      "export_value_usd": 173874026.1575241,
      "yoy_growth_pct": 6.200419699666715,
      "cagr_3y_pct": 4.934248864672486
    },
    {
      "year": 2022,
      "export_value_usd": 186069245.0435139,
      "yoy_growth_pct": 7.013824408104119,
      "cagr_3y_pct": 13.682013003661186
    },
    {
      "year": 2023,
      "export_value_usd": 204124643.21079478,
      "yoy_growth_pct": 9.7035908126883,
      "cagr_3y_pct": 7.628921154818968
    },
    {
      "year": 2024,
      "export_value_usd": 359678354.7458951,
      "yoy_growth_pct": 76.20525826196479,
      "cagr_3y_pct": 27.416752170546953
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "CHN",
      "hs_code": "271112",
      "your_market_share_pct": 9.526507095407586e-9,
      "your_share_change_pp": 9.526507095407586e-9,
      "market_imports_usd": 12892620207.890722,
      "market_yoy_growth_pct": -0.30612917530429273,
      "market_cagr_3y_pct": 5.693786,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 52.69939800078214,
      "your_share_gap_pp": 52.69939799125563,
      "num_suppliers": 29,
      "market_hhi": 3238.085308420091,
      "volatility_mean_usd": 1.2282163788886618,
      "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": 6.959147245244309,
      "exporter_name": "Ecuador",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "CHE",
      "hs_code": "300215",
      "your_market_share_pct": 0.000004747210697465735,
      "your_share_change_pp": 0.000004747210697465735,
      "market_imports_usd": 8028742523.573805,
      "market_yoy_growth_pct": 41.2637210537413,
      "market_cagr_3y_pct": 15.685707,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 27.082013371483406,
      "your_share_gap_pp": 27.082008624272706,
      "num_suppliers": 72,
      "market_hhi": 1410.6854453534584,
      "volatility_mean_usd": 381.14132395107606,
      "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": 51.64448007821336,
      "exporter_name": "Ecuador",
      "importer_name": "Switzerland",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "PHL",
      "hs_code": "271019",
      "your_market_share_pct": 0.000010174158602884735,
      "your_share_change_pp": 0.000010174158602884735,
      "market_imports_usd": 6991572170.712265,
      "market_yoy_growth_pct": -3.919487993931403,
      "market_cagr_3y_pct": 8.805051,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 36.12510123355639,
      "your_share_gap_pp": 36.12509105939779,
      "num_suppliers": 58,
      "market_hhi": 2620.4222393475557,
      "volatility_mean_usd": 711.3336414834168,
      "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": 57.053669106338354,
      "exporter_name": "Ecuador",
      "importer_name": "Philippines",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "CAN",
      "hs_code": "870324",
      "your_market_share_pct": 0.000011311733627001266,
      "your_share_change_pp": 0.000011311733627001266,
      "market_imports_usd": 6612447513.94623,
      "market_yoy_growth_pct": -20.38696426013964,
      "market_cagr_3y_pct": -5.128318,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 73.23075644161634,
      "your_share_gap_pp": 73.2307451298827,
      "num_suppliers": 56,
      "market_hhi": 5506.09958100387,
      "volatility_mean_usd": 747.9824490028649,
      "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": 57.48943281886212,
      "exporter_name": "Ecuador",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "THA",
      "hs_code": "851712",
      "your_market_share_pct": 5.2579303374974284e-8,
      "your_share_change_pp": 5.2579303374974284e-8,
      "market_imports_usd": 6003976118.804828,
      "market_yoy_growth_pct": 16.32463935452513,
      "market_cagr_3y_pct": 11.386778,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 69.5716518216664,
      "your_share_gap_pp": 69.5716517690871,
      "num_suppliers": 54,
      "market_hhi": 5090.554699665846,
      "volatility_mean_usd": 3.1568488180673966,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 12.375284595618457,
      "exporter_name": "Ecuador",
      "importer_name": "Thailand",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "USA",
      "hs_code": "440712",
      "your_market_share_pct": 0.0010665927783156171,
      "your_share_change_pp": 0.0010665927783156171,
      "market_imports_usd": 4990070835.996568,
      "market_yoy_growth_pct": -5.150545725781019,
      "market_cagr_3y_pct": 51.32685,
      "top_supplier_iso3": "CAN",
      "top_supplier_share_pct": 82.73422124487597,
      "your_share_gap_pp": 82.73315465209765,
      "num_suppliers": 36,
      "market_hhi": 6942.310019684583,
      "volatility_mean_usd": 53223.735169573134,
      "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": 94.52227018391537,
      "exporter_name": "Ecuador",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "SAU",
      "hs_code": "851712",
      "your_market_share_pct": 0.00002127964635571179,
      "your_share_change_pp": 0.00002127964635571179,
      "market_imports_usd": 4424509393.092548,
      "market_yoy_growth_pct": -11.49693944929231,
      "market_cagr_3y_pct": 0.826987,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 70.6486056613549,
      "your_share_gap_pp": 70.64858438170855,
      "num_suppliers": 70,
      "market_hhi": 5281.046031944268,
      "volatility_mean_usd": 941.5199518253444,
      "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": 59.485811047603036,
      "exporter_name": "Ecuador",
      "importer_name": "Saudi Arabia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ECU",
      "importer_iso3": "SGP",
      "hs_code": "847149",
      "your_market_share_pct": 0.000014510619861936527,
      "your_share_change_pp": 0.000014510619861936527,
      "market_imports_usd": 2697072369.3471622,
      "market_yoy_growth_pct": 537.2327666205622,
      "market_cagr_3y_pct": 90.931676,
      "top_supplier_iso3": "TWN",
      "top_supplier_share_pct": 71.88853566612313,
      "your_share_gap_pp": 71.88852115550327,
      "num_suppliers": 66,
      "market_hhi": 5430.414202988852,
      "volatility_mean_usd": 391.3619189172914,
      "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": 51.8737369972655,
      "exporter_name": "Ecuador",
      "importer_name": "SGP",
      "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": "Belgium",
        "imports": "$537.9M",
        "year": 2024,
        "annualChange": "+12.3%"
      },
      "exporterPosition": {
        "exporter": "Ecuador",
        "routeExports": "$21.4K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "87/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$537.9M",
      "projectionThreeYears": "$538.9M",
      "supplierCount": "68",
      "averageImports": "$351.0M",
      "historicalPeak": "$734.5M",
      "fullHistoryGrowth": "+0.1%",
      "latestAnnualChange": "+12.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "France",
        "iso3": "FRA",
        "share": "50.5%"
      },
      "marketConcentrationHhi": "3,584",
      "exporterShare": "0.0%",
      "shareGap": "50.5%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "9,535 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$51.8K",
      "gdpPerPersonGrowth": "+2.0%",
      "populationThousands": "11,588",
      "gdp": "$599.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.7%",
      "savingsRate": "24.9%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 21384.542305100313,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1999,
          "export_value_usd": 86193136.84684208,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 2000,
          "export_value_usd": 80343954.50250594,
          "yoy_growth_pct": -6.78613467187027,
          "cagr_3y_pct": null
        },
        {
          "year": 2001,
          "export_value_usd": 88140939.09667462,
          "yoy_growth_pct": 9.704506882251462,
          "cagr_3y_pct": null
        },
        {
          "year": 2002,
          "export_value_usd": 82614000.39052212,
          "yoy_growth_pct": -6.270569343594634,
          "cagr_3y_pct": -1.403767105298881
        },
        {
          "year": 2003,
          "export_value_usd": 101352222.34155045,
          "yoy_growth_pct": 22.68165427464044,
          "cagr_3y_pct": 8.050477558703516
        },
        {
          "year": 2004,
          "export_value_usd": 132312951.96235697,
          "yoy_growth_pct": 30.54765737298868,
          "cagr_3y_pct": 14.500722870604443
        },
        {
          "year": 2005,
          "export_value_usd": 142916906.90495032,
          "yoy_growth_pct": 8.014298513731433,
          "cagr_3y_pct": 20.0447906762661
        },
        {
          "year": 2006,
          "export_value_usd": 175192696.80387294,
          "yoy_growth_pct": 22.583605115655246,
          "cagr_3y_pct": 20.01280157434269
        },
        {
          "year": 2007,
          "export_value_usd": 252851371.8767937,
          "yoy_growth_pct": 44.32757557231917,
          "cagr_3y_pct": 24.095010028522967
        },
        {
          "year": 2008,
          "export_value_usd": 272824617.787873,
          "yoy_growth_pct": 7.899204090856826,
          "cagr_3y_pct": 24.050917966298524
        },
        {
          "year": 2009,
          "export_value_usd": 252537911.43270096,
          "yoy_growth_pct": -7.435804921000722,
          "cagr_3y_pct": 12.963167658877328
        },
        {
          "year": 2010,
          "export_value_usd": 247163847.54696342,
          "yoy_growth_pct": -2.1280226225240173,
          "cagr_3y_pct": -0.7554780122064897
        },
        {
          "year": 2011,
          "export_value_usd": 286398948.54061073,
          "yoy_growth_pct": 15.874126164908597,
          "cagr_3y_pct": 1.6317228884565882
        },
        {
          "year": 2012,
          "export_value_usd": 205284821.07627997,
          "yoy_growth_pct": -28.322075858748818,
          "cagr_3y_pct": -6.672402797899046
        },
        {
          "year": 2013,
          "export_value_usd": 218865375.994934,
          "yoy_growth_pct": 6.615469593637302,
          "cagr_3y_pct": -3.972113205656602
        },
        {
          "year": 2014,
          "export_value_usd": 205205293.7919664,
          "yoy_growth_pct": -6.241317129706148,
          "cagr_3y_pct": -10.517306746112387
        },
        {
          "year": 2015,
          "export_value_usd": 184564834.7625401,
          "yoy_growth_pct": -10.058443740906242,
          "cagr_3y_pct": -3.4844314720904435
        },
        {
          "year": 2016,
          "export_value_usd": 135533455.06127575,
          "yoy_growth_pct": -26.5659380695937,
          "cagr_3y_pct": -14.763982671355258
        },
        {
          "year": 2017,
          "export_value_usd": 130662266.3275165,
          "yoy_growth_pct": -3.5940858524981523,
          "cagr_3y_pct": -13.969217026378844
        },
        {
          "year": 2018,
          "export_value_usd": 150481439.22945672,
          "yoy_growth_pct": 15.168245170538919,
          "cagr_3y_pct": -6.578968255460859
        },
        {
          "year": 2019,
          "export_value_usd": 126648289.8990709,
          "yoy_growth_pct": -15.837932872269134,
          "cagr_3y_pct": -2.2348044128844946
        },
        {
          "year": 2020,
          "export_value_usd": 163722541.44497487,
          "yoy_growth_pct": 29.273392933650612,
          "cagr_3y_pct": 7.808440447744536
        },
        {
          "year": 2021,
          "export_value_usd": 173874026.1575241,
          "yoy_growth_pct": 6.200419699666715,
          "cagr_3y_pct": 4.934248864672486
        },
        {
          "year": 2022,
          "export_value_usd": 186069245.0435139,
          "yoy_growth_pct": 7.013824408104119,
          "cagr_3y_pct": 13.682013003661186
        },
        {
          "year": 2023,
          "export_value_usd": 204124643.21079478,
          "yoy_growth_pct": 9.7035908126883,
          "cagr_3y_pct": 7.628921154818968
        },
        {
          "year": 2024,
          "export_value_usd": 359678354.7458951,
          "yoy_growth_pct": 76.20525826196479,
          "cagr_3y_pct": 27.416752170546953
        }
      ],
      "routeHistoryScope": "Broader Ecuador to Belgium route exports, not only HS 170199."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "CHN",
        "hs_code": "271112",
        "your_market_share_pct": 9.526507095407586e-9,
        "your_share_change_pp": 9.526507095407586e-9,
        "market_imports_usd": 12892620207.890722,
        "market_yoy_growth_pct": -0.30612917530429273,
        "market_cagr_3y_pct": 5.693786,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 52.69939800078214,
        "your_share_gap_pp": 52.69939799125563,
        "num_suppliers": 29,
        "market_hhi": 3238.085308420091,
        "volatility_mean_usd": 1.2282163788886618,
        "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": 6.959147245244309,
        "exporter_name": "Ecuador",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-chn-271112"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "CHE",
        "hs_code": "300215",
        "your_market_share_pct": 0.000004747210697465735,
        "your_share_change_pp": 0.000004747210697465735,
        "market_imports_usd": 8028742523.573805,
        "market_yoy_growth_pct": 41.2637210537413,
        "market_cagr_3y_pct": 15.685707,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 27.082013371483406,
        "your_share_gap_pp": 27.082008624272706,
        "num_suppliers": 72,
        "market_hhi": 1410.6854453534584,
        "volatility_mean_usd": 381.14132395107606,
        "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": 51.64448007821336,
        "exporter_name": "Ecuador",
        "importer_name": "Switzerland",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-che-300215"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "PHL",
        "hs_code": "271019",
        "your_market_share_pct": 0.000010174158602884735,
        "your_share_change_pp": 0.000010174158602884735,
        "market_imports_usd": 6991572170.712265,
        "market_yoy_growth_pct": -3.919487993931403,
        "market_cagr_3y_pct": 8.805051,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 36.12510123355639,
        "your_share_gap_pp": 36.12509105939779,
        "num_suppliers": 58,
        "market_hhi": 2620.4222393475557,
        "volatility_mean_usd": 711.3336414834168,
        "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": 57.053669106338354,
        "exporter_name": "Ecuador",
        "importer_name": "Philippines",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-phl-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "CAN",
        "hs_code": "870324",
        "your_market_share_pct": 0.000011311733627001266,
        "your_share_change_pp": 0.000011311733627001266,
        "market_imports_usd": 6612447513.94623,
        "market_yoy_growth_pct": -20.38696426013964,
        "market_cagr_3y_pct": -5.128318,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 73.23075644161634,
        "your_share_gap_pp": 73.2307451298827,
        "num_suppliers": 56,
        "market_hhi": 5506.09958100387,
        "volatility_mean_usd": 747.9824490028649,
        "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": 57.48943281886212,
        "exporter_name": "Ecuador",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-can-870324"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "THA",
        "hs_code": "851712",
        "your_market_share_pct": 5.2579303374974284e-8,
        "your_share_change_pp": 5.2579303374974284e-8,
        "market_imports_usd": 6003976118.804828,
        "market_yoy_growth_pct": 16.32463935452513,
        "market_cagr_3y_pct": 11.386778,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 69.5716518216664,
        "your_share_gap_pp": 69.5716517690871,
        "num_suppliers": 54,
        "market_hhi": 5090.554699665846,
        "volatility_mean_usd": 3.1568488180673966,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 12.375284595618457,
        "exporter_name": "Ecuador",
        "importer_name": "Thailand",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-tha-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "USA",
        "hs_code": "440712",
        "your_market_share_pct": 0.0010665927783156171,
        "your_share_change_pp": 0.0010665927783156171,
        "market_imports_usd": 4990070835.996568,
        "market_yoy_growth_pct": -5.150545725781019,
        "market_cagr_3y_pct": 51.32685,
        "top_supplier_iso3": "CAN",
        "top_supplier_share_pct": 82.73422124487597,
        "your_share_gap_pp": 82.73315465209765,
        "num_suppliers": 36,
        "market_hhi": 6942.310019684583,
        "volatility_mean_usd": 53223.735169573134,
        "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": 94.52227018391537,
        "exporter_name": "Ecuador",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-usa-440712"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "SAU",
        "hs_code": "851712",
        "your_market_share_pct": 0.00002127964635571179,
        "your_share_change_pp": 0.00002127964635571179,
        "market_imports_usd": 4424509393.092548,
        "market_yoy_growth_pct": -11.49693944929231,
        "market_cagr_3y_pct": 0.826987,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 70.6486056613549,
        "your_share_gap_pp": 70.64858438170855,
        "num_suppliers": 70,
        "market_hhi": 5281.046031944268,
        "volatility_mean_usd": 941.5199518253444,
        "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": 59.485811047603036,
        "exporter_name": "Ecuador",
        "importer_name": "Saudi Arabia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-sau-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "ECU",
        "importer_iso3": "SGP",
        "hs_code": "847149",
        "your_market_share_pct": 0.000014510619861936527,
        "your_share_change_pp": 0.000014510619861936527,
        "market_imports_usd": 2697072369.3471622,
        "market_yoy_growth_pct": 537.2327666205622,
        "market_cagr_3y_pct": 90.931676,
        "top_supplier_iso3": "TWN",
        "top_supplier_share_pct": 71.88853566612313,
        "your_share_gap_pp": 71.88852115550327,
        "num_suppliers": 66,
        "market_hhi": 5430.414202988852,
        "volatility_mean_usd": 391.3619189172914,
        "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": 51.8737369972655,
        "exporter_name": "Ecuador",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-sgp-847149"
      }
    ],
    "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/170199",
    "workspace": "https://www.yugalinks.com/app?hs=170199",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-bel-170199/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-bel-170199/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/ecu-bel-170199/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": "2026-09-02T11:41:00.414Z"
}