{
  "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/eth-tha-720449",
  "seo": {
    "title": "Former Ethiopia to Thailand new corridor | HS 720449 | Yugalinks",
    "description": "Reported new-corridor signal for Former Ethiopia to Thailand in ferrous waste and scrap (HS 720449), with market demand, growth, share, competition,...",
    "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": "ETH-THA-HS 720449",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/eth-tha-720449"
    }
  ],
  "exporter": {
    "iso3": "ETH",
    "country_name": "Former Ethiopia"
  },
  "importer": {
    "iso3": "THA",
    "country_name": "Thailand"
  },
  "hsCode": "720449",
  "product": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "ETH",
    "importer_iso3": "THA",
    "hs_code": "720449",
    "your_market_share_pct": 0.0001049066095412252,
    "your_share_change_pp": 0.0001049066095412252,
    "market_imports_usd": 470414701.31108713,
    "market_yoy_growth_pct": 34.84989880290617,
    "market_cagr_3y_pct": 7.998188,
    "top_supplier_iso3": "USA",
    "top_supplier_share_pct": 49.14432323927582,
    "your_share_gap_pp": 49.14421833266628,
    "num_suppliers": 108,
    "market_hhi": 2705.7881737425537,
    "volatility_mean_usd": 493.4961139289429,
    "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": 53.883257659580124
  },
  "market": {
    "exporter_iso3": "ETH",
    "importer_iso3": "THA",
    "hs_code": "720449",
    "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204",
    "hs_chapter": "72",
    "hs_heading": "7204",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -22.737358,
    "buyer_imports_latest_usd": 470414701.3110872,
    "buyer_imports_avg_usd": 239435546.29444993,
    "buyer_imports_peak_usd": 647709164.6144133,
    "buyer_cagr_full_pct": 4.2229,
    "buyer_yoy_avg_pct": 17.662,
    "buyer_yoy_latest_pct": 34.8499,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 532562578.41,
    "buyer_imports_proj_5y_usd": 578491728.75,
    "buyer_gdp_mn_latest": 505981.655622,
    "buyer_gdp_pc_latest": 7233,
    "buyer_population_latest": 69950.844,
    "buyer_investment_rate": 25.53,
    "buyer_savings_rate": 30.71,
    "buyer_edu_secondary": 64.74,
    "buyer_gdp_mn_2030_proj": 592008.23,
    "buyer_gdp_pc_2030_proj": 8453.19,
    "buyer_gdp_pc_growth_pct": 16.87,
    "buyer_gdp_mn_growth_pct": 17,
    "buyer_pop_growth_pct": 0.11,
    "exports_latest_usd": 493.4961139289429,
    "exports_avg_usd": 493.4961139289429,
    "exports_peak_usd": 493.4961139289429,
    "share_latest_pct": 0.00010490660954122515,
    "share_avg_pct": 0.00010490660954122515,
    "share_peak_pct": 0.00010490660954122515,
    "share_change_1y_pp": 0.00010490660954122515,
    "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": 49.1442,
    "addressable_proj_3y_usd": 261723716.29,
    "addressable_proj_5y_usd": 284295238.21,
    "peer_best_share_pct": 49.144323239275806,
    "peer_top_exporter": "USA",
    "num_suppliers_latest": 108,
    "buyer_herfindahl_index": 2705.79,
    "distance_km": 6732.0478515625,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 6,
    "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": {
    "lane_access_data_available": false,
    "exporter_iso3": "ETH",
    "importer_iso3": "THA",
    "hs_code": "720449"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 493.4961139289429,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 5616150.964438165,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 834885.4905196144,
      "yoy_growth_pct": -85.13420497764102,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 260089.77904238497,
      "yoy_growth_pct": -68.84725127028968,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 382331.81103129184,
      "yoy_growth_pct": 46.99993688294302,
      "cagr_3y_pct": -59.16800932106525
    },
    {
      "year": 1999,
      "export_value_usd": 1390886.5847677882,
      "yoy_growth_pct": 263.7904418719559,
      "cagr_3y_pct": 18.546372253646524
    },
    {
      "year": 2000,
      "export_value_usd": 324425.77828675555,
      "yoy_growth_pct": -76.67489342124044,
      "cagr_3y_pct": 7.645866129386492
    },
    {
      "year": 2001,
      "export_value_usd": 1896619.431889556,
      "yoy_growth_pct": 484.6081165021233,
      "cagr_3y_pct": 70.54798289253306
    },
    {
      "year": 2002,
      "export_value_usd": 1670620.3036749302,
      "yoy_growth_pct": -11.915892266772165,
      "cagr_3y_pct": 6.298877624117094
    },
    {
      "year": 2003,
      "export_value_usd": 1619328.2443846215,
      "yoy_growth_pct": -3.070240387805623,
      "cagr_3y_pct": 70.89912740254209
    },
    {
      "year": 2004,
      "export_value_usd": 1926574.0357008756,
      "yoy_growth_pct": 18.973657279288304,
      "cagr_3y_pct": 0.5237085656002449
    },
    {
      "year": 2005,
      "export_value_usd": 2968437.88687875,
      "yoy_growth_pct": 54.07857844398129,
      "cagr_3y_pct": 21.120243957788887
    },
    {
      "year": 2006,
      "export_value_usd": 1957144.7914723312,
      "yoy_growth_pct": -34.068191215204166,
      "cagr_3y_pct": 6.519557870539905
    },
    {
      "year": 2007,
      "export_value_usd": 1461469.4052173225,
      "yoy_growth_pct": -25.326454558434552,
      "cagr_3y_pct": -8.79863430790273
    },
    {
      "year": 2008,
      "export_value_usd": 2400686.761968953,
      "yoy_growth_pct": 64.26527667282693,
      "cagr_3y_pct": -6.8314841743185255
    },
    {
      "year": 2009,
      "export_value_usd": 1391738.5813040033,
      "yoy_growth_pct": -42.02748132944459,
      "cagr_3y_pct": -10.742462002988928
    },
    {
      "year": 2010,
      "export_value_usd": 2342353.684773111,
      "yoy_growth_pct": 68.30414247612646,
      "cagr_3y_pct": 17.027406718612138
    },
    {
      "year": 2011,
      "export_value_usd": 9117581.676061984,
      "yoy_growth_pct": 289.24871744743143,
      "cagr_3y_pct": 56.02040045536163
    },
    {
      "year": 2012,
      "export_value_usd": 8627332.457664963,
      "yoy_growth_pct": -5.376965469738105,
      "cagr_3y_pct": 83.69878721935832
    },
    {
      "year": 2013,
      "export_value_usd": 10990313.067773242,
      "yoy_growth_pct": 27.38946970808904,
      "cagr_3y_pct": 67.41172211410162
    },
    {
      "year": 2014,
      "export_value_usd": 9461591.115400348,
      "yoy_growth_pct": -13.909721615260862,
      "cagr_3y_pct": 1.2421838394142792
    },
    {
      "year": 2015,
      "export_value_usd": 9110598.456413934,
      "yoy_growth_pct": -3.7096578652095147,
      "cagr_3y_pct": 1.8333718014806433
    },
    {
      "year": 2016,
      "export_value_usd": 7455241.166447528,
      "yoy_growth_pct": -18.169577968843765,
      "cagr_3y_pct": -12.13473746695345
    },
    {
      "year": 2017,
      "export_value_usd": 5899440.918239109,
      "yoy_growth_pct": -20.86854353163424,
      "cagr_3y_pct": -14.56898621504944
    },
    {
      "year": 2018,
      "export_value_usd": 8262511.230476115,
      "yoy_growth_pct": 40.05583486616806,
      "cagr_3y_pct": -3.2045256769512087
    },
    {
      "year": 2019,
      "export_value_usd": 8618066.087975714,
      "yoy_growth_pct": 4.303229945251297,
      "cagr_3y_pct": 4.950064005835109
    },
    {
      "year": 2020,
      "export_value_usd": 2020646.9890180267,
      "yoy_growth_pct": -76.55335932225772,
      "cagr_3y_pct": -30.033008957519336
    },
    {
      "year": 2021,
      "export_value_usd": 2085917.6544851474,
      "yoy_growth_pct": 3.2301864611611553,
      "cagr_3y_pct": -36.79835739803066
    },
    {
      "year": 2022,
      "export_value_usd": 5167791.380402123,
      "yoy_growth_pct": 147.74666292748034,
      "cagr_3y_pct": -15.67331051890103
    },
    {
      "year": 2023,
      "export_value_usd": 5338175.328123112,
      "yoy_growth_pct": 3.297036106510398,
      "cagr_3y_pct": 38.24012841578717
    },
    {
      "year": 2024,
      "export_value_usd": 1197051.6640918243,
      "yoy_growth_pct": -77.57563979239505,
      "cagr_3y_pct": -16.89919229573781
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "MYS",
      "hs_code": "854239",
      "your_market_share_pct": 0.000026690745186611833,
      "your_share_change_pp": 0.000026690745186611833,
      "market_imports_usd": 12322978052.677399,
      "market_yoy_growth_pct": 6.025498024126508,
      "market_cagr_3y_pct": 4.920946,
      "top_supplier_iso3": "TWN",
      "top_supplier_share_pct": 29.94132081259734,
      "your_share_gap_pp": 29.941294121852152,
      "num_suppliers": 72,
      "market_hhi": 1695.9159372460902,
      "volatility_mean_usd": 3289.0946714422253,
      "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": 70.34416789634543,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Malaysia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "ITA",
      "hs_code": "271019",
      "your_market_share_pct": 0.000052873764056333265,
      "your_share_change_pp": 0.000052873764056333265,
      "market_imports_usd": 9642180556.59046,
      "market_yoy_growth_pct": 7.98091326705177,
      "market_cagr_3y_pct": 10.341489,
      "top_supplier_iso3": "SAU",
      "top_supplier_share_pct": 27.15906573407711,
      "your_share_gap_pp": 27.159012860313055,
      "num_suppliers": 87,
      "market_hhi": 1094.7111455745353,
      "volatility_mean_usd": 5098.183797377282,
      "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": 74.15001332328023,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Italy",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "DEU",
      "hs_code": "870360",
      "your_market_share_pct": 1.1400187538262343e-7,
      "your_share_change_pp": 1.1400187538262343e-7,
      "market_imports_usd": 7897838523.204558,
      "market_yoy_growth_pct": 13.231590335988951,
      "market_cagr_3y_pct": 1.572119,
      "top_supplier_iso3": "SVK",
      "top_supplier_share_pct": 18.25215257257732,
      "your_share_gap_pp": 18.252152458575445,
      "num_suppliers": 53,
      "market_hhi": 1075.198240541221,
      "volatility_mean_usd": 9.003684031144488,
      "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": 20.003199319510966,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "DEU",
      "hs_code": "870380",
      "your_market_share_pct": 1.6570099276878341e-7,
      "your_share_change_pp": 1.6570099276878341e-7,
      "market_imports_usd": 7357697450.874051,
      "market_yoy_growth_pct": -48.248077733145166,
      "market_cagr_3y_pct": -5.477124,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 26.688130998562748,
      "your_share_gap_pp": 26.688130832861756,
      "num_suppliers": 72,
      "market_hhi": 1408.62794948848,
      "volatility_mean_usd": 12.191777721021772,
      "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": 22.406066498352388,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "THA",
      "hs_code": "854231",
      "your_market_share_pct": 0.0000027950457029670278,
      "your_share_change_pp": 0.0000027950457029670278,
      "market_imports_usd": 7262816264.841847,
      "market_yoy_growth_pct": 16.69701991746988,
      "market_cagr_3y_pct": 22.059068,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 37.181021482111255,
      "your_share_gap_pp": 37.18101868706555,
      "num_suppliers": 82,
      "market_hhi": 2064.9090069170275,
      "volatility_mean_usd": 202.99903392485245,
      "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": 46.19256221497884,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Thailand",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "CAN",
      "hs_code": "999999",
      "your_market_share_pct": 0.00005834317501426921,
      "your_share_change_pp": 0.00005834317501426921,
      "market_imports_usd": 7205591740.5451765,
      "market_yoy_growth_pct": 13.18733849437117,
      "market_cagr_3y_pct": 20.093579,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 99.86570953193574,
      "your_share_gap_pp": 99.86565118876072,
      "num_suppliers": 24,
      "market_hhi": 9973.175178407175,
      "volatility_mean_usd": 4203.971,
      "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": 72.47526009978489,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "DEU",
      "hs_code": "870421",
      "your_market_share_pct": 1.2841684247938072e-7,
      "your_share_change_pp": 1.2841684247938072e-7,
      "market_imports_usd": 5315206046.08176,
      "market_yoy_growth_pct": -7.83020872960436,
      "market_cagr_3y_pct": 5.686206,
      "top_supplier_iso3": "POL",
      "top_supplier_share_pct": 24.593592445658192,
      "your_share_gap_pp": 24.59359231724135,
      "num_suppliers": 63,
      "market_hhi": 1546.9324165617986,
      "volatility_mean_usd": 6.825619775651335,
      "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": 17.87037485915925,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ETH",
      "importer_iso3": "DEU",
      "hs_code": "870340",
      "your_market_share_pct": 1.29638624612086e-7,
      "your_share_change_pp": 1.29638624612086e-7,
      "market_imports_usd": 4590241570.168824,
      "market_yoy_growth_pct": 11.367271256987376,
      "market_cagr_3y_pct": 8.153927,
      "top_supplier_iso3": "CZE",
      "top_supplier_share_pct": 15.19880929831239,
      "your_share_gap_pp": 15.198809168673765,
      "num_suppliers": 57,
      "market_hhi": 870.8080344989825,
      "volatility_mean_usd": 5.950726037939084,
      "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": 16.840603423606453,
      "exporter_name": "Former Ethiopia",
      "importer_name": "Germany",
      "published": true
    }
  ],
  "sections": {
    "overview": {
      "title": "What does this new corridor signal mean?",
      "summary": "The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access.",
      "reportedMarket": {
        "buyerMarket": "Thailand",
        "imports": "$470.4M",
        "year": 2024,
        "annualChange": "+34.8%"
      },
      "exporterPosition": {
        "exporter": "Former Ethiopia",
        "routeExports": "$493.5",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "54/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$470.4M",
      "projectionThreeYears": "$532.6M",
      "supplierCount": "108",
      "averageImports": "$239.4M",
      "historicalPeak": "$647.7M",
      "fullHistoryGrowth": "+4.2%",
      "latestAnnualChange": "+34.8%"
    },
    "competition": {
      "topSupplier": {
        "country": "USA, Puerto Rico and US Virgin Islands",
        "iso3": "USA",
        "share": "49.1%"
      },
      "marketConcentrationHhi": "2,706",
      "exporterShare": "0.0%",
      "shareGap": "49.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "6,732 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "6 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$7.2K",
      "gdpPerPersonGrowth": "+16.9%",
      "populationThousands": "69,951",
      "gdp": "$506.0B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "25.5%",
      "savingsRate": "30.7%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 493.4961139289429,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 5616150.964438165,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 834885.4905196144,
          "yoy_growth_pct": -85.13420497764102,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 260089.77904238497,
          "yoy_growth_pct": -68.84725127028968,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 382331.81103129184,
          "yoy_growth_pct": 46.99993688294302,
          "cagr_3y_pct": -59.16800932106525
        },
        {
          "year": 1999,
          "export_value_usd": 1390886.5847677882,
          "yoy_growth_pct": 263.7904418719559,
          "cagr_3y_pct": 18.546372253646524
        },
        {
          "year": 2000,
          "export_value_usd": 324425.77828675555,
          "yoy_growth_pct": -76.67489342124044,
          "cagr_3y_pct": 7.645866129386492
        },
        {
          "year": 2001,
          "export_value_usd": 1896619.431889556,
          "yoy_growth_pct": 484.6081165021233,
          "cagr_3y_pct": 70.54798289253306
        },
        {
          "year": 2002,
          "export_value_usd": 1670620.3036749302,
          "yoy_growth_pct": -11.915892266772165,
          "cagr_3y_pct": 6.298877624117094
        },
        {
          "year": 2003,
          "export_value_usd": 1619328.2443846215,
          "yoy_growth_pct": -3.070240387805623,
          "cagr_3y_pct": 70.89912740254209
        },
        {
          "year": 2004,
          "export_value_usd": 1926574.0357008756,
          "yoy_growth_pct": 18.973657279288304,
          "cagr_3y_pct": 0.5237085656002449
        },
        {
          "year": 2005,
          "export_value_usd": 2968437.88687875,
          "yoy_growth_pct": 54.07857844398129,
          "cagr_3y_pct": 21.120243957788887
        },
        {
          "year": 2006,
          "export_value_usd": 1957144.7914723312,
          "yoy_growth_pct": -34.068191215204166,
          "cagr_3y_pct": 6.519557870539905
        },
        {
          "year": 2007,
          "export_value_usd": 1461469.4052173225,
          "yoy_growth_pct": -25.326454558434552,
          "cagr_3y_pct": -8.79863430790273
        },
        {
          "year": 2008,
          "export_value_usd": 2400686.761968953,
          "yoy_growth_pct": 64.26527667282693,
          "cagr_3y_pct": -6.8314841743185255
        },
        {
          "year": 2009,
          "export_value_usd": 1391738.5813040033,
          "yoy_growth_pct": -42.02748132944459,
          "cagr_3y_pct": -10.742462002988928
        },
        {
          "year": 2010,
          "export_value_usd": 2342353.684773111,
          "yoy_growth_pct": 68.30414247612646,
          "cagr_3y_pct": 17.027406718612138
        },
        {
          "year": 2011,
          "export_value_usd": 9117581.676061984,
          "yoy_growth_pct": 289.24871744743143,
          "cagr_3y_pct": 56.02040045536163
        },
        {
          "year": 2012,
          "export_value_usd": 8627332.457664963,
          "yoy_growth_pct": -5.376965469738105,
          "cagr_3y_pct": 83.69878721935832
        },
        {
          "year": 2013,
          "export_value_usd": 10990313.067773242,
          "yoy_growth_pct": 27.38946970808904,
          "cagr_3y_pct": 67.41172211410162
        },
        {
          "year": 2014,
          "export_value_usd": 9461591.115400348,
          "yoy_growth_pct": -13.909721615260862,
          "cagr_3y_pct": 1.2421838394142792
        },
        {
          "year": 2015,
          "export_value_usd": 9110598.456413934,
          "yoy_growth_pct": -3.7096578652095147,
          "cagr_3y_pct": 1.8333718014806433
        },
        {
          "year": 2016,
          "export_value_usd": 7455241.166447528,
          "yoy_growth_pct": -18.169577968843765,
          "cagr_3y_pct": -12.13473746695345
        },
        {
          "year": 2017,
          "export_value_usd": 5899440.918239109,
          "yoy_growth_pct": -20.86854353163424,
          "cagr_3y_pct": -14.56898621504944
        },
        {
          "year": 2018,
          "export_value_usd": 8262511.230476115,
          "yoy_growth_pct": 40.05583486616806,
          "cagr_3y_pct": -3.2045256769512087
        },
        {
          "year": 2019,
          "export_value_usd": 8618066.087975714,
          "yoy_growth_pct": 4.303229945251297,
          "cagr_3y_pct": 4.950064005835109
        },
        {
          "year": 2020,
          "export_value_usd": 2020646.9890180267,
          "yoy_growth_pct": -76.55335932225772,
          "cagr_3y_pct": -30.033008957519336
        },
        {
          "year": 2021,
          "export_value_usd": 2085917.6544851474,
          "yoy_growth_pct": 3.2301864611611553,
          "cagr_3y_pct": -36.79835739803066
        },
        {
          "year": 2022,
          "export_value_usd": 5167791.380402123,
          "yoy_growth_pct": 147.74666292748034,
          "cagr_3y_pct": -15.67331051890103
        },
        {
          "year": 2023,
          "export_value_usd": 5338175.328123112,
          "yoy_growth_pct": 3.297036106510398,
          "cagr_3y_pct": 38.24012841578717
        },
        {
          "year": 2024,
          "export_value_usd": 1197051.6640918243,
          "yoy_growth_pct": -77.57563979239505,
          "cagr_3y_pct": -16.89919229573781
        }
      ],
      "routeHistoryScope": "Broader Former Ethiopia to Thailand route exports, not only HS 720449."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "MYS",
        "hs_code": "854239",
        "your_market_share_pct": 0.000026690745186611833,
        "your_share_change_pp": 0.000026690745186611833,
        "market_imports_usd": 12322978052.677399,
        "market_yoy_growth_pct": 6.025498024126508,
        "market_cagr_3y_pct": 4.920946,
        "top_supplier_iso3": "TWN",
        "top_supplier_share_pct": 29.94132081259734,
        "your_share_gap_pp": 29.941294121852152,
        "num_suppliers": 72,
        "market_hhi": 1695.9159372460902,
        "volatility_mean_usd": 3289.0946714422253,
        "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": 70.34416789634543,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Malaysia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-mys-854239"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "ITA",
        "hs_code": "271019",
        "your_market_share_pct": 0.000052873764056333265,
        "your_share_change_pp": 0.000052873764056333265,
        "market_imports_usd": 9642180556.59046,
        "market_yoy_growth_pct": 7.98091326705177,
        "market_cagr_3y_pct": 10.341489,
        "top_supplier_iso3": "SAU",
        "top_supplier_share_pct": 27.15906573407711,
        "your_share_gap_pp": 27.159012860313055,
        "num_suppliers": 87,
        "market_hhi": 1094.7111455745353,
        "volatility_mean_usd": 5098.183797377282,
        "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": 74.15001332328023,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Italy",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-ita-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "DEU",
        "hs_code": "870360",
        "your_market_share_pct": 1.1400187538262343e-7,
        "your_share_change_pp": 1.1400187538262343e-7,
        "market_imports_usd": 7897838523.204558,
        "market_yoy_growth_pct": 13.231590335988951,
        "market_cagr_3y_pct": 1.572119,
        "top_supplier_iso3": "SVK",
        "top_supplier_share_pct": 18.25215257257732,
        "your_share_gap_pp": 18.252152458575445,
        "num_suppliers": 53,
        "market_hhi": 1075.198240541221,
        "volatility_mean_usd": 9.003684031144488,
        "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": 20.003199319510966,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-deu-870360"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "DEU",
        "hs_code": "870380",
        "your_market_share_pct": 1.6570099276878341e-7,
        "your_share_change_pp": 1.6570099276878341e-7,
        "market_imports_usd": 7357697450.874051,
        "market_yoy_growth_pct": -48.248077733145166,
        "market_cagr_3y_pct": -5.477124,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 26.688130998562748,
        "your_share_gap_pp": 26.688130832861756,
        "num_suppliers": 72,
        "market_hhi": 1408.62794948848,
        "volatility_mean_usd": 12.191777721021772,
        "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": 22.406066498352388,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-deu-870380"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "THA",
        "hs_code": "854231",
        "your_market_share_pct": 0.0000027950457029670278,
        "your_share_change_pp": 0.0000027950457029670278,
        "market_imports_usd": 7262816264.841847,
        "market_yoy_growth_pct": 16.69701991746988,
        "market_cagr_3y_pct": 22.059068,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 37.181021482111255,
        "your_share_gap_pp": 37.18101868706555,
        "num_suppliers": 82,
        "market_hhi": 2064.9090069170275,
        "volatility_mean_usd": 202.99903392485245,
        "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": 46.19256221497884,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Thailand",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-tha-854231"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "CAN",
        "hs_code": "999999",
        "your_market_share_pct": 0.00005834317501426921,
        "your_share_change_pp": 0.00005834317501426921,
        "market_imports_usd": 7205591740.5451765,
        "market_yoy_growth_pct": 13.18733849437117,
        "market_cagr_3y_pct": 20.093579,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 99.86570953193574,
        "your_share_gap_pp": 99.86565118876072,
        "num_suppliers": 24,
        "market_hhi": 9973.175178407175,
        "volatility_mean_usd": 4203.971,
        "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": 72.47526009978489,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-can-999999"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "DEU",
        "hs_code": "870421",
        "your_market_share_pct": 1.2841684247938072e-7,
        "your_share_change_pp": 1.2841684247938072e-7,
        "market_imports_usd": 5315206046.08176,
        "market_yoy_growth_pct": -7.83020872960436,
        "market_cagr_3y_pct": 5.686206,
        "top_supplier_iso3": "POL",
        "top_supplier_share_pct": 24.593592445658192,
        "your_share_gap_pp": 24.59359231724135,
        "num_suppliers": 63,
        "market_hhi": 1546.9324165617986,
        "volatility_mean_usd": 6.825619775651335,
        "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": 17.87037485915925,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-deu-870421"
      },
      {
        "year": 2024,
        "exporter_iso3": "ETH",
        "importer_iso3": "DEU",
        "hs_code": "870340",
        "your_market_share_pct": 1.29638624612086e-7,
        "your_share_change_pp": 1.29638624612086e-7,
        "market_imports_usd": 4590241570.168824,
        "market_yoy_growth_pct": 11.367271256987376,
        "market_cagr_3y_pct": 8.153927,
        "top_supplier_iso3": "CZE",
        "top_supplier_share_pct": 15.19880929831239,
        "your_share_gap_pp": 15.198809168673765,
        "num_suppliers": 57,
        "market_hhi": 870.8080344989825,
        "volatility_mean_usd": 5.950726037939084,
        "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": 16.840603423606453,
        "exporter_name": "Former Ethiopia",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/eth-deu-870340"
      }
    ],
    "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/720449",
    "workspace": "https://www.yugalinks.com/app?hs=720449",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/eth-tha-720449/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/eth-tha-720449/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/eth-tha-720449/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": "2026-09-02T11:40:44.373Z"
}