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-9.968191405361715, "market_cagr_3y_pct": -13.806386, "top_supplier_iso3": "IDN", "top_supplier_share_pct": 90.11159379202695, "your_share_gap_pp": 90.10738672240149, "num_suppliers": 6, "market_hhi": 8195.357319931027, "volatility_mean_usd": 22176.51257896584, "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": 86.91825668494764, "exporter_name": "Spain", "importer_name": "MMR", "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": "Kazakhstan", "imports": "$1.5B", "year": 2024, "annualChange": "+102.5%" }, "exporterPosition": { "exporter": "Spain", "routeExports": "$175.8M", "currentShare": "12.1%" } }, "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": "$1.5B", "projectionThreeYears": "$2.8B", "supplierCount": "9", "averageImports": "$264.7M", "historicalPeak": "$1.5B", "fullHistoryGrowth": "+24.0%", "latestAnnualChange": "+102.5%" }, "competition": { "topSupplier": { "country": "France", "iso3": "FRA", "share": "45.3%" }, "marketConcentrationHhi": "2,616", "exporterShare": "12.1%", "shareGap": "33.2%" }, "access": { "appliedTariff": "8.8%", "mfnTariff": "8.8%", "preferentialTariff": "0.0%", "distance": "6,423 km", "tradeAgreement": "Not reported", "businessEntryTime": "5 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$10.0K", "gdpPerPersonGrowth": "+20.0%", "populationThousands": "19,003", "gdp": "$190.8B", "gdpFiveYearCagr": "+9.9%", "investmentRate": "27.6%", "savingsRate": "36.4%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 175777336.03744736, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 5240919.2082766425, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 4347854.483458479, "yoy_growth_pct": -17.040230717691752, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 10349310.66986797, "yoy_growth_pct": 138.0325907695895, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 9980372.246291688, "yoy_growth_pct": -3.564859876614268, "cagr_3y_pct": 23.949969714920982 }, { "year": 1999, "export_value_usd": 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"importer_name": "MMR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/esp-mmr-151190" } ], "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. 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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. 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