{ "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/est-bel-180632", "seo": { "title": "Estonia to Belgium new corridor | HS 180632 | Yugalinks", "description": "Reported new-corridor signal for Estonia to Belgium in chocolate and other food preparations containing cocoa (HS 180632), with market demand, growth,...", "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": "EST-BEL-HS 180632", "url": "https://www.yugalinks.com/trade/signal/new-corridor/est-bel-180632" } ], "exporter": { "iso3": "EST", "country_name": "Estonia" }, "importer": { "iso3": "BEL", "country_name": "Belgium" }, "hsCode": "180632", "product": "Chocolate and other food preparations containing cocoa: in blocks, slabs or bars, (not filled), weighing 2kg or less", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "BEL", "hs_code": "180632", "your_market_share_pct": 0.20217657707805123, "your_share_change_pp": 0.20217657707805123, "market_imports_usd": 239872272.76283017, "market_yoy_growth_pct": 25.44761770099555, "market_cagr_3y_pct": 12.396658, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 42.220977283687425, "your_share_gap_pp": 42.018800706609376, "num_suppliers": 65, "market_hhi": 2560.1500185446803, "volatility_mean_usd": 484965.55043121666, "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": "EST", "importer_iso3": "BEL", "hs_code": "180632", "hs_description": "Chocolate and other food preparations containing cocoa: in blocks, slabs or bars, (not filled), weighing 2kg or less", "hs_chapter": "18", "hs_heading": "1806", "price_range_label": "High price range", "trade_type_label": "Two-way vertical trade", "substitution_elasticity": -11.653462, "buyer_imports_latest_usd": 239872272.76283026, "buyer_imports_avg_usd": 90978525.74453996, "buyer_imports_peak_usd": 239872272.76283026, "buyer_cagr_full_pct": 9.6066, "buyer_yoy_avg_pct": 10.3119, "buyer_yoy_latest_pct": 25.4476, "buyer_trend_consistency_pct": 80, "buyer_imports_proj_3y_usd": 315856344.87, "buyer_imports_proj_5y_usd": 379457064.12, "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": 484965.55043121666, "exports_avg_usd": 484965.55043121666, "exports_peak_usd": 484965.55043121666, "share_latest_pct": 0.2021765770780512, "share_avg_pct": 0.2021765770780512, "share_peak_pct": 0.2021765770780512, "share_change_1y_pp": 0.2021765770780512, "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": 42.0188, "addressable_proj_3y_usd": 132719048.07, "addressable_proj_5y_usd": 159443307.54, "peer_best_share_pct": 42.22097728368742, "peer_top_exporter": "DEU", "num_suppliers_latest": 65, "buyer_herfindahl_index": 2560.15, "distance_km": 1601.09765625, "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": 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": "EST", "importer_iso3": "BEL", "hs_code": "180632", "hs_description": "Chocolate and other food preparations containing cocoa: in blocks, slabs or bars, (not filled), weighing 2kg or less", "hs_chapter": "18", "hs_heading": "1806", "price_range_label": "High price range", "trade_type_label": "Two-way vertical trade", "substitution_elasticity": -11.653462, "buyer_imports_latest_usd": 239872272.76283026, "buyer_imports_avg_usd": 90978525.74453996, "buyer_imports_peak_usd": 239872272.76283026, "buyer_cagr_full_pct": 9.6066, "buyer_yoy_avg_pct": 10.3119, "buyer_yoy_latest_pct": 25.4476, "buyer_trend_consistency_pct": 80, "buyer_imports_proj_3y_usd": 315856344.87, "buyer_imports_proj_5y_usd": 379457064.12, "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": 484965.55043121666, "exports_avg_usd": 484965.55043121666, "exports_peak_usd": 484965.55043121666, "share_latest_pct": 0.2021765770780512, "share_avg_pct": 0.2021765770780512, "share_peak_pct": 0.2021765770780512, "share_change_1y_pp": 0.2021765770780512, "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": 42.0188, "addressable_proj_3y_usd": 132719048.07, "addressable_proj_5y_usd": 159443307.54, "peer_best_share_pct": 42.22097728368742, "peer_top_exporter": "DEU", "num_suppliers_latest": 65, "buyer_herfindahl_index": 2560.15, "distance_km": 1601.09765625, "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": 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": 1.7279243709195404, "avg_mfn_tariff_pct": 2.3991419084291183, "avg_preferential_tariff_pct": 1.1053247136398467, "tariff_advantage_pp": 1.2938171947892718, "rta_coverage_ratio": 2, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 4.5783569491818055, "buyer_gdp_pc_5y_cagr_pct": 3.918136849252618, "buyer_population_5y_cagr_pct": 0.6353271141561478, "buyer_investment_5y_avg_pct": 23.874000000000002, "buyer_savings_5y_avg_pct": 24.938, "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 stable or growing", "access_label": "Reported FTA available", "macro_resilience_label": "Buyer macro trend resilient", "risk_driver_labels": [ "concentrated_buyer_market", "limited_history" ], "risk_driver_count": 2, "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": 484965.55043121666, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1999, "export_value_usd": 38909404.40977711, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "export_value_usd": 70821776.57990451, "yoy_growth_pct": 82.01711810861975, "cagr_3y_pct": null }, { "year": 2001, "export_value_usd": 75032257.59108216, "yoy_growth_pct": 5.945178467003265, "cagr_3y_pct": null }, { "year": 2002, "export_value_usd": 60040562.00934471, "yoy_growth_pct": -19.98033387645164, "cagr_3y_pct": 15.557123302964438 }, { "year": 2003, "export_value_usd": 121056782.11238874, "yoy_growth_pct": 101.62499826958226, "cagr_3y_pct": 19.565927241308543 }, { "year": 2004, "export_value_usd": 121991366.07295264, "yoy_growth_pct": 0.7720211492952433, "cagr_3y_pct": 17.587284271091907 }, { "year": 2005, "export_value_usd": 171403764.98672175, "yoy_growth_pct": 40.50483284548167, "cagr_3y_pct": 41.85953637130311 }, { "year": 2006, "export_value_usd": 105965688.77686588, "yoy_growth_pct": -38.17773560278865, "cagr_3y_pct": -4.341100563307099 }, { "year": 2007, "export_value_usd": 135591417.6867749, "yoy_growth_pct": 27.957850556978435, "cagr_3y_pct": 3.5859934761878653 }, { "year": 2008, "export_value_usd": 127015692.62776533, "yoy_growth_pct": -6.324681314875013, "cagr_3y_pct": -9.507551105595645 }, { "year": 2009, "export_value_usd": 144204994.77421203, "yoy_growth_pct": 13.533211362175557, "cagr_3y_pct": 10.816648809282947 }, { "year": 2010, "export_value_usd": 136618295.61569282, "yoy_growth_pct": -5.261051581741693, "cagr_3y_pct": 0.2518095675184906 }, { "year": 2011, "export_value_usd": 174463143.91803485, "yoy_growth_pct": 27.701156811968698, "cagr_3y_pct": 11.160059663806155 }, { "year": 2012, "export_value_usd": 256972944.7670057, "yoy_growth_pct": 47.293542347107476, "cagr_3y_pct": 21.23714464548112 }, { "year": 2013, "export_value_usd": 285000563.4133717, "yoy_growth_pct": 10.906836387689879, "cagr_3y_pct": 27.774920238425295 }, { "year": 2014, "export_value_usd": 303524259.98169, "yoy_growth_pct": 6.499529806701143, "cagr_3y_pct": 20.271641442037037 }, { "year": 2015, "export_value_usd": 165566962.88852707, "yoy_growth_pct": -45.45181894240847, "cagr_3y_pct": -13.630164258387435 }, { "year": 2016, "export_value_usd": 198098185.08463764, "yoy_growth_pct": 19.648377688738062, "cagr_3y_pct": -11.418113303450273 }, { "year": 2017, "export_value_usd": 200691247.82956517, "yoy_growth_pct": 1.3089785470874693, "cagr_3y_pct": -12.881242108280311 }, { "year": 2018, "export_value_usd": 226380680.5435444, "yoy_growth_pct": 12.800474854686094, "cagr_3y_pct": 10.991203259813108 }, { "year": 2019, "export_value_usd": 255092739.50364166, "yoy_growth_pct": 12.683087130562143, "cagr_3y_pct": 8.794231069856062 }, { "year": 2020, "export_value_usd": 215292933.6712414, "yoy_growth_pct": -15.602092756478502, "cagr_3y_pct": 2.368682558583024 }, { "year": 2021, "export_value_usd": 266779589.75771028, "yoy_growth_pct": 23.914698549786362, "cagr_3y_pct": 5.626059863792432 }, { "year": 2022, "export_value_usd": 312392799.85082614, "yoy_growth_pct": 17.09771355992482, "cagr_3y_pct": 6.987812005213545 }, { "year": 2023, "export_value_usd": 368868977.49508995, "yoy_growth_pct": 18.078578530373402, "cagr_3y_pct": 19.65957391317128 }, { "year": 2024, "export_value_usd": 276752902.0107483, "yoy_growth_pct": -24.972573218241912, "cagr_3y_pct": 1.2309224708929811 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "DEU", "hs_code": "300214", "your_market_share_pct": 0.0000011327990515987528, "your_share_change_pp": 0.0000011327990515987528, "market_imports_usd": 6930840890.892647, "market_yoy_growth_pct": -6.432083993349568, "market_cagr_3y_pct": 4.153012, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 28.064439159723182, "your_share_gap_pp": 28.06443802692413, "num_suppliers": 44, "market_hhi": 1850.593104144058, "volatility_mean_usd": 78.51249987985045, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 38.00870815856672, "exporter_name": "Estonia", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "CHE", "hs_code": "300439", "your_market_share_pct": 0.000045730397887860596, "your_share_change_pp": 0.000045730397887860596, "market_imports_usd": 2688588580.684942, "market_yoy_growth_pct": -0.7726790426412555, "market_cagr_3y_pct": -8.485313, "top_supplier_iso3": "AUT", "top_supplier_share_pct": 69.7567577899192, "your_share_gap_pp": 69.75671205952132, "num_suppliers": 48, "market_hhi": 5063.777634221313, "volatility_mean_usd": 1229.5022555148078, "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": 61.801648282056185, "exporter_name": "Estonia", "importer_name": "Switzerland", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "ITA", "hs_code": "300214", "your_market_share_pct": 0.00001884909847085094, "your_share_change_pp": 0.00001884909847085094, "market_imports_usd": 2245058892.829538, "market_yoy_growth_pct": 42.218624522493144, "market_cagr_3y_pct": 49.441447, "top_supplier_iso3": "USA", "top_supplier_share_pct": 29.982664224167994, "your_share_gap_pp": 29.982645375069524, "num_suppliers": 23, "market_hhi": 2156.2621195767924, "volatility_mean_usd": 423.17336143803544, "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": 52.55086781714542, "exporter_name": "Estonia", "importer_name": "Italy", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "MYS", "hs_code": "710813", "your_market_share_pct": 0.0002735313351706143, "your_share_change_pp": 0.0002735313351706143, "market_imports_usd": 1833067062.3170812, "market_yoy_growth_pct": -5.023273938252471, "market_cagr_3y_pct": -18.656236, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 57.57726431716348, "your_share_gap_pp": 57.576990785828315, "num_suppliers": 31, "market_hhi": 3773.7138536205325, "volatility_mean_usd": 5014.012810128668, "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": 74.00544093401244, "exporter_name": "Estonia", "importer_name": "Malaysia", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "SAU", "hs_code": "100630", "your_market_share_pct": 0.00005120615736738007, "your_share_change_pp": 0.00005120615736738007, "market_imports_usd": 1826193691.1219873, "market_yoy_growth_pct": 17.928941742221838, "market_cagr_3y_pct": 23.272012, "top_supplier_iso3": "IND", "top_supplier_share_pct": 75.58256114890712, "your_share_gap_pp": 75.58250994274975, "num_suppliers": 39, "market_hhi": 5892.441509628769, "volatility_mean_usd": 935.1236153090916, "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": 59.42666402394745, "exporter_name": "Estonia", "importer_name": "Saudi Arabia", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "LKA", "hs_code": "271019", "your_market_share_pct": 0.000012777563448778465, "your_share_change_pp": 0.000012777563448778465, "market_imports_usd": 1712854402.8846922, "market_yoy_growth_pct": 26.263354743491753, "market_cagr_3y_pct": 8.381022, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 38.11176155140476, "your_share_gap_pp": 38.11174877384131, "num_suppliers": 47, "market_hhi": 2655.3462861188827, "volatility_mean_usd": 218.86105811378707, "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": 46.84296627489557, "exporter_name": "Estonia", "importer_name": "Sri Lanka", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "HKG", "hs_code": "300490", "your_market_share_pct": 0.0005150742242926533, "your_share_change_pp": 0.0005150742242926533, "market_imports_usd": 1521880641.8737686, "market_yoy_growth_pct": -0.29539527187378845, "market_cagr_3y_pct": 11.108415, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 17.736999741010823, "your_share_gap_pp": 17.73648466678653, "num_suppliers": 78, "market_hhi": 807.2690107057673, "volatility_mean_usd": 7838.814910791365, "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": 77.88611619202845, "exporter_name": "Estonia", "importer_name": "China, Hong Kong SAR", "published": true }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "TWN", "hs_code": "711319", "your_market_share_pct": 0.00008663065177491438, "your_share_change_pp": 0.00008663065177491438, "market_imports_usd": 1413426171.4983125, "market_yoy_growth_pct": 17.69876236838339, "market_cagr_3y_pct": 9.731318, "top_supplier_iso3": "HKG", "top_supplier_share_pct": 55.76243934595112, "your_share_gap_pp": 55.76235271529935, "num_suppliers": 52, "market_hhi": 3532.6673748618773, "volatility_mean_usd": 1224.4603047262071, "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": 61.76598496182193, "exporter_name": "Estonia", "importer_name": "Taiwan", "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": "$239.9M", "year": 2024, "annualChange": "+25.4%" }, "exporterPosition": { "exporter": "Estonia", "routeExports": "$485.0K", "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": "$239.9M", "projectionThreeYears": "$315.9M", "supplierCount": "65", "averageImports": "$91.0M", "historicalPeak": "$239.9M", "fullHistoryGrowth": "+9.6%", "latestAnnualChange": "+25.4%" }, "competition": { "topSupplier": { "country": "Germany", "iso3": "DEU", "share": "42.2%" }, "marketConcentrationHhi": "2,560", "exporterShare": "0.2%", "shareGap": "42.0%" }, "access": { "appliedTariff": "1.7%", "mfnTariff": "2.4%", "preferentialTariff": "1.1%", "distance": "1,601 km", "tradeAgreement": "Reported yes", "businessEntryTime": "5 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$51.8K", "gdpPerPersonGrowth": "+2.0%", "populationThousands": "11,588", "gdp": "$599.9B", "gdpFiveYearCagr": "+4.6%", "investmentRate": "23.7%", "savingsRate": "24.9%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 484965.55043121666, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1999, "export_value_usd": 38909404.40977711, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "export_value_usd": 70821776.57990451, "yoy_growth_pct": 82.01711810861975, "cagr_3y_pct": null }, { "year": 2001, "export_value_usd": 75032257.59108216, "yoy_growth_pct": 5.945178467003265, "cagr_3y_pct": null }, { "year": 2002, "export_value_usd": 60040562.00934471, "yoy_growth_pct": -19.98033387645164, "cagr_3y_pct": 15.557123302964438 }, { "year": 2003, "export_value_usd": 121056782.11238874, "yoy_growth_pct": 101.62499826958226, "cagr_3y_pct": 19.565927241308543 }, { "year": 2004, "export_value_usd": 121991366.07295264, "yoy_growth_pct": 0.7720211492952433, "cagr_3y_pct": 17.587284271091907 }, { "year": 2005, "export_value_usd": 171403764.98672175, "yoy_growth_pct": 40.50483284548167, "cagr_3y_pct": 41.85953637130311 }, { "year": 2006, "export_value_usd": 105965688.77686588, "yoy_growth_pct": -38.17773560278865, "cagr_3y_pct": -4.341100563307099 }, { "year": 2007, "export_value_usd": 135591417.6867749, "yoy_growth_pct": 27.957850556978435, "cagr_3y_pct": 3.5859934761878653 }, { "year": 2008, "export_value_usd": 127015692.62776533, "yoy_growth_pct": -6.324681314875013, "cagr_3y_pct": -9.507551105595645 }, { "year": 2009, "export_value_usd": 144204994.77421203, "yoy_growth_pct": 13.533211362175557, "cagr_3y_pct": 10.816648809282947 }, { "year": 2010, "export_value_usd": 136618295.61569282, "yoy_growth_pct": -5.261051581741693, "cagr_3y_pct": 0.2518095675184906 }, { "year": 2011, "export_value_usd": 174463143.91803485, "yoy_growth_pct": 27.701156811968698, "cagr_3y_pct": 11.160059663806155 }, { "year": 2012, "export_value_usd": 256972944.7670057, "yoy_growth_pct": 47.293542347107476, "cagr_3y_pct": 21.23714464548112 }, { "year": 2013, "export_value_usd": 285000563.4133717, "yoy_growth_pct": 10.906836387689879, "cagr_3y_pct": 27.774920238425295 }, { "year": 2014, "export_value_usd": 303524259.98169, "yoy_growth_pct": 6.499529806701143, "cagr_3y_pct": 20.271641442037037 }, { "year": 2015, "export_value_usd": 165566962.88852707, "yoy_growth_pct": -45.45181894240847, "cagr_3y_pct": -13.630164258387435 }, { "year": 2016, "export_value_usd": 198098185.08463764, "yoy_growth_pct": 19.648377688738062, "cagr_3y_pct": -11.418113303450273 }, { "year": 2017, "export_value_usd": 200691247.82956517, "yoy_growth_pct": 1.3089785470874693, "cagr_3y_pct": -12.881242108280311 }, { "year": 2018, "export_value_usd": 226380680.5435444, "yoy_growth_pct": 12.800474854686094, "cagr_3y_pct": 10.991203259813108 }, { "year": 2019, "export_value_usd": 255092739.50364166, "yoy_growth_pct": 12.683087130562143, "cagr_3y_pct": 8.794231069856062 }, { "year": 2020, "export_value_usd": 215292933.6712414, "yoy_growth_pct": -15.602092756478502, "cagr_3y_pct": 2.368682558583024 }, { "year": 2021, "export_value_usd": 266779589.75771028, "yoy_growth_pct": 23.914698549786362, "cagr_3y_pct": 5.626059863792432 }, { "year": 2022, "export_value_usd": 312392799.85082614, "yoy_growth_pct": 17.09771355992482, "cagr_3y_pct": 6.987812005213545 }, { "year": 2023, "export_value_usd": 368868977.49508995, "yoy_growth_pct": 18.078578530373402, "cagr_3y_pct": 19.65957391317128 }, { "year": 2024, "export_value_usd": 276752902.0107483, "yoy_growth_pct": -24.972573218241912, "cagr_3y_pct": 1.2309224708929811 } ], "routeHistoryScope": "Broader Estonia to Belgium route exports, not only HS 180632." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "DEU", "hs_code": "300214", "your_market_share_pct": 0.0000011327990515987528, "your_share_change_pp": 0.0000011327990515987528, "market_imports_usd": 6930840890.892647, "market_yoy_growth_pct": -6.432083993349568, "market_cagr_3y_pct": 4.153012, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 28.064439159723182, "your_share_gap_pp": 28.06443802692413, "num_suppliers": 44, "market_hhi": 1850.593104144058, "volatility_mean_usd": 78.51249987985045, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 38.00870815856672, "exporter_name": "Estonia", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-deu-300214" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "CHE", "hs_code": "300439", "your_market_share_pct": 0.000045730397887860596, "your_share_change_pp": 0.000045730397887860596, "market_imports_usd": 2688588580.684942, "market_yoy_growth_pct": -0.7726790426412555, "market_cagr_3y_pct": -8.485313, "top_supplier_iso3": "AUT", "top_supplier_share_pct": 69.7567577899192, "your_share_gap_pp": 69.75671205952132, "num_suppliers": 48, "market_hhi": 5063.777634221313, "volatility_mean_usd": 1229.5022555148078, "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": 61.801648282056185, "exporter_name": "Estonia", "importer_name": "Switzerland", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-che-300439" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "ITA", "hs_code": "300214", "your_market_share_pct": 0.00001884909847085094, "your_share_change_pp": 0.00001884909847085094, "market_imports_usd": 2245058892.829538, "market_yoy_growth_pct": 42.218624522493144, "market_cagr_3y_pct": 49.441447, "top_supplier_iso3": "USA", "top_supplier_share_pct": 29.982664224167994, "your_share_gap_pp": 29.982645375069524, "num_suppliers": 23, "market_hhi": 2156.2621195767924, "volatility_mean_usd": 423.17336143803544, "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": 52.55086781714542, "exporter_name": "Estonia", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-ita-300214" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "MYS", "hs_code": "710813", "your_market_share_pct": 0.0002735313351706143, "your_share_change_pp": 0.0002735313351706143, "market_imports_usd": 1833067062.3170812, "market_yoy_growth_pct": -5.023273938252471, "market_cagr_3y_pct": -18.656236, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 57.57726431716348, "your_share_gap_pp": 57.576990785828315, "num_suppliers": 31, "market_hhi": 3773.7138536205325, "volatility_mean_usd": 5014.012810128668, "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": 74.00544093401244, "exporter_name": "Estonia", "importer_name": "Malaysia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-mys-710813" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "SAU", "hs_code": "100630", "your_market_share_pct": 0.00005120615736738007, "your_share_change_pp": 0.00005120615736738007, "market_imports_usd": 1826193691.1219873, "market_yoy_growth_pct": 17.928941742221838, "market_cagr_3y_pct": 23.272012, "top_supplier_iso3": "IND", "top_supplier_share_pct": 75.58256114890712, "your_share_gap_pp": 75.58250994274975, "num_suppliers": 39, "market_hhi": 5892.441509628769, "volatility_mean_usd": 935.1236153090916, "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": 59.42666402394745, "exporter_name": "Estonia", "importer_name": "Saudi Arabia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-sau-100630" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "LKA", "hs_code": "271019", "your_market_share_pct": 0.000012777563448778465, "your_share_change_pp": 0.000012777563448778465, "market_imports_usd": 1712854402.8846922, "market_yoy_growth_pct": 26.263354743491753, "market_cagr_3y_pct": 8.381022, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 38.11176155140476, "your_share_gap_pp": 38.11174877384131, "num_suppliers": 47, "market_hhi": 2655.3462861188827, "volatility_mean_usd": 218.86105811378707, "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": 46.84296627489557, "exporter_name": "Estonia", "importer_name": "Sri Lanka", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-lka-271019" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "HKG", "hs_code": "300490", "your_market_share_pct": 0.0005150742242926533, "your_share_change_pp": 0.0005150742242926533, "market_imports_usd": 1521880641.8737686, "market_yoy_growth_pct": -0.29539527187378845, "market_cagr_3y_pct": 11.108415, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 17.736999741010823, "your_share_gap_pp": 17.73648466678653, "num_suppliers": 78, "market_hhi": 807.2690107057673, "volatility_mean_usd": 7838.814910791365, "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": 77.88611619202845, "exporter_name": "Estonia", "importer_name": "China, Hong Kong SAR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-hkg-300490" }, { "year": 2024, "exporter_iso3": "EST", "importer_iso3": "TWN", "hs_code": "711319", "your_market_share_pct": 0.00008663065177491438, "your_share_change_pp": 0.00008663065177491438, "market_imports_usd": 1413426171.4983125, "market_yoy_growth_pct": 17.69876236838339, "market_cagr_3y_pct": 9.731318, "top_supplier_iso3": "HKG", "top_supplier_share_pct": 55.76243934595112, "your_share_gap_pp": 55.76235271529935, "num_suppliers": 52, "market_hhi": 3532.6673748618773, "volatility_mean_usd": 1224.4603047262071, "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": 61.76598496182193, "exporter_name": "Estonia", "importer_name": "Taiwan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/est-twn-711319" } ], "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/180632", "workspace": "https://www.yugalinks.com/app?hs=180632", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/est-bel-180632/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/est-bel-180632/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/est-bel-180632/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": "2026-09-02T11:39:30.924Z" }