{
  "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/gtm-hkg-870324",
  "seo": {
    "title": "Guatemala to China, Hong Kong SAR new corridor | HS 870324 | Yugalinks",
    "description": "Reported new-corridor signal for Guatemala to China, Hong Kong SAR in vehicles (HS 870324), with market demand, growth, share, competition, access, and...",
    "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": "GTM-HKG-HS 870324",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-hkg-870324"
    }
  ],
  "exporter": {
    "iso3": "GTM",
    "country_name": "Guatemala"
  },
  "importer": {
    "iso3": "HKG",
    "country_name": "China, Hong Kong SAR"
  },
  "hsCode": "870324",
  "product": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "GTM",
    "importer_iso3": "HKG",
    "hs_code": "870324",
    "your_market_share_pct": 0.006607610989308034,
    "your_share_change_pp": 0.006607610989308034,
    "market_imports_usd": 275140114.1059425,
    "market_yoy_growth_pct": 13.327147990786536,
    "market_cagr_3y_pct": 2.807784,
    "top_supplier_iso3": "MAC",
    "top_supplier_share_pct": 27.091044538773918,
    "your_share_gap_pp": 27.08443692778461,
    "num_suppliers": 32,
    "market_hhi": 1489.5245450690607,
    "volatility_mean_usd": 18180.18841565892,
    "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": 85.19244535054
  },
  "market": {
    "exporter_iso3": "GTM",
    "importer_iso3": "HKG",
    "hs_code": "870324",
    "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc",
    "hs_chapter": "87",
    "hs_heading": "8703",
    "price_range_label": "Low price range",
    "trade_type_label": "Two-way vertical trade",
    "substitution_elasticity": -7.4445114,
    "buyer_imports_latest_usd": 275140114.1059425,
    "buyer_imports_avg_usd": 508737815.78318846,
    "buyer_imports_peak_usd": 1094982733.734297,
    "buyer_cagr_full_pct": -1.4517,
    "buyer_yoy_avg_pct": 3.8903,
    "buyer_yoy_latest_pct": 13.3271,
    "buyer_trend_consistency_pct": 44.8276,
    "buyer_imports_proj_3y_usd": 263330648.73,
    "buyer_imports_proj_5y_usd": 255740635.31,
    "buyer_gdp_mn_latest": 368139.247671,
    "buyer_gdp_pc_latest": 49661,
    "buyer_population_latest": 7413.1,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 22.16,
    "buyer_edu_secondary": 92.54,
    "buyer_gdp_mn_2030_proj": 401687.03,
    "buyer_gdp_pc_2030_proj": 52054.63,
    "buyer_gdp_pc_growth_pct": 4.82,
    "buyer_gdp_mn_growth_pct": 9.11,
    "buyer_pop_growth_pct": 4.1,
    "exports_latest_usd": 18180.18841565892,
    "exports_avg_usd": 18180.18841565892,
    "exports_peak_usd": 18180.18841565892,
    "share_latest_pct": 0.006607610989308034,
    "share_avg_pct": 0.006607610989308034,
    "share_peak_pct": 0.006607610989308034,
    "share_change_1y_pp": 0.006607610989308034,
    "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": 27.0844,
    "addressable_proj_3y_usd": 71321623.47,
    "addressable_proj_5y_usd": 69265911.07,
    "peer_best_share_pct": 27.091044538773918,
    "peer_top_exporter": "MAC",
    "num_suppliers_latest": 32,
    "buyer_herfindahl_index": 1489.52,
    "distance_km": 15124.2119140625,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "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": {
    "lane_access_data_available": false,
    "exporter_iso3": "GTM",
    "importer_iso3": "HKG",
    "hs_code": "870324"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 18180.18841565892,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 700012.7032731646,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 1251989.1265631327,
      "yoy_growth_pct": 78.85234378019159,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 1305081.7903270049,
      "yoy_growth_pct": 4.240664925710513,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 477024.6900225404,
      "yoy_growth_pct": -63.448674745280464,
      "cagr_3y_pct": -12.000883435774467
    },
    {
      "year": 1999,
      "export_value_usd": 936616.8299471257,
      "yoy_growth_pct": 96.34556649528324,
      "cagr_3y_pct": -9.220636489854428
    },
    {
      "year": 2000,
      "export_value_usd": 1097389.7618362447,
      "yoy_growth_pct": 17.165283256568742,
      "cagr_3y_pct": -5.613968868522723
    },
    {
      "year": 2001,
      "export_value_usd": 1293147.5631279342,
      "yoy_growth_pct": 17.83849349606936,
      "cagr_3y_pct": 39.434125079762985
    },
    {
      "year": 2002,
      "export_value_usd": 1565215.2698251833,
      "yoy_growth_pct": 21.039184889244744,
      "cagr_3y_pct": 18.66902466595124
    },
    {
      "year": 2003,
      "export_value_usd": 2050568.301144095,
      "yoy_growth_pct": 31.008707918695432,
      "cagr_3y_pct": 23.169859248801927
    },
    {
      "year": 2004,
      "export_value_usd": 1703218.004464906,
      "yoy_growth_pct": -16.939221019138362,
      "cagr_3y_pct": 9.616025496456437
    },
    {
      "year": 2005,
      "export_value_usd": 4234079.270279519,
      "yoy_growth_pct": 148.59291407089873,
      "cagr_3y_pct": 39.335453729226934
    },
    {
      "year": 2006,
      "export_value_usd": 3126855.3476360156,
      "yoy_growth_pct": -26.1502879838716,
      "cagr_3y_pct": 15.100669662711974
    },
    {
      "year": 2007,
      "export_value_usd": 5898721.458518199,
      "yoy_growth_pct": 88.64708477729187,
      "cagr_3y_pct": 51.2966167458532
    },
    {
      "year": 2008,
      "export_value_usd": 6268368.13447192,
      "yoy_growth_pct": 6.266555872373392,
      "cagr_3y_pct": 13.972087594116346
    },
    {
      "year": 2009,
      "export_value_usd": 5707273.4730490595,
      "yoy_growth_pct": -8.95120786440744,
      "cagr_3y_pct": 22.21006190533248
    },
    {
      "year": 2010,
      "export_value_usd": 5473078.335792669,
      "yoy_growth_pct": -4.103450419229238,
      "cagr_3y_pct": -2.4655756551879016
    },
    {
      "year": 2011,
      "export_value_usd": 5691567.122244226,
      "yoy_growth_pct": 3.992063936353518,
      "cagr_3y_pct": -3.1664643787200464
    },
    {
      "year": 2012,
      "export_value_usd": 5472288.515825463,
      "yoy_growth_pct": -3.8526929703026846,
      "cagr_3y_pct": -1.391708422498994
    },
    {
      "year": 2013,
      "export_value_usd": 6181255.806062111,
      "yoy_growth_pct": 12.955590484426494,
      "cagr_3y_pct": 4.139387146772311
    },
    {
      "year": 2014,
      "export_value_usd": 8068549.309334344,
      "yoy_growth_pct": 30.532525468713303,
      "cagr_3y_pct": 12.336580131789464
    },
    {
      "year": 2015,
      "export_value_usd": 6537563.787001772,
      "yoy_growth_pct": -18.97473094155111,
      "cagr_3y_pct": 6.108209018719224
    },
    {
      "year": 2016,
      "export_value_usd": 8886304.084263239,
      "yoy_growth_pct": 35.926843297977754,
      "cagr_3y_pct": 12.862106332610622
    },
    {
      "year": 2017,
      "export_value_usd": 17846953.069184493,
      "yoy_growth_pct": 100.83662341456075,
      "cagr_3y_pct": 30.293537284791494
    },
    {
      "year": 2018,
      "export_value_usd": 18700357.487959582,
      "yoy_growth_pct": 4.781793370929077,
      "cagr_3y_pct": 41.9530265695514
    },
    {
      "year": 2019,
      "export_value_usd": 16697467.906705402,
      "yoy_growth_pct": -10.710434720532813,
      "cagr_3y_pct": 23.398481555675342
    },
    {
      "year": 2020,
      "export_value_usd": 16202379.868064323,
      "yoy_growth_pct": -2.965048601424536,
      "cagr_3y_pct": -3.1711197767112287
    },
    {
      "year": 2021,
      "export_value_usd": 17428750.705614105,
      "yoy_growth_pct": 7.569078416480157,
      "cagr_3y_pct": -2.320045262014736
    },
    {
      "year": 2022,
      "export_value_usd": 8160154.701987381,
      "yoy_growth_pct": -53.17992184397444,
      "cagr_3y_pct": -21.232101591854658
    },
    {
      "year": 2023,
      "export_value_usd": 5945692.474871742,
      "yoy_growth_pct": -27.13750300072515,
      "cagr_3y_pct": -28.40634341328102
    },
    {
      "year": 2024,
      "export_value_usd": 10553320.543250693,
      "yoy_growth_pct": 77.49523016624478,
      "cagr_3y_pct": -15.399234931898631
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "CHN",
      "hs_code": "271019",
      "your_market_share_pct": 0.0004141590803545435,
      "your_share_change_pp": 0.0004141590803545435,
      "market_imports_usd": 17857965043.27483,
      "market_yoy_growth_pct": 13.307922603472466,
      "market_cagr_3y_pct": 13.862744,
      "top_supplier_iso3": "RUS",
      "top_supplier_share_pct": 28.95484119108353,
      "your_share_gap_pp": 28.954427032003178,
      "num_suppliers": 97,
      "market_hhi": 1452.2499716288548,
      "volatility_mean_usd": 73960.3837932629,
      "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": 97.38010056141283,
      "exporter_name": "Guatemala",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "ITA",
      "hs_code": "271600",
      "your_market_share_pct": 0.0006601914752617503,
      "your_share_change_pp": 0.0006601914752617503,
      "market_imports_usd": 5360037687.825349,
      "market_yoy_growth_pct": -24.931849929557735,
      "market_cagr_3y_pct": -1.900402,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 44.974432627502715,
      "your_share_gap_pp": 44.97377243602745,
      "num_suppliers": 19,
      "market_hhi": 3225.066150131695,
      "volatility_mean_usd": 35386.51188583998,
      "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": 90.97700056485145,
      "exporter_name": "Guatemala",
      "importer_name": "Italy",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "MEX",
      "hs_code": "850760",
      "your_market_share_pct": 0.021896916541276953,
      "your_share_change_pp": 0.021896916541276953,
      "market_imports_usd": 5132663611.390328,
      "market_yoy_growth_pct": 31.951221157600006,
      "market_cagr_3y_pct": 34.126799,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 54.39873330752189,
      "your_share_gap_pp": 54.37683639098061,
      "num_suppliers": 113,
      "market_hhi": 3329.4839590724164,
      "volatility_mean_usd": 1123895.067330632,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 100,
      "exporter_name": "Guatemala",
      "importer_name": "Mexico",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "ITA",
      "hs_code": "150910",
      "your_market_share_pct": 0.006406411009556361,
      "your_share_change_pp": 0.006406411009556361,
      "market_imports_usd": 2595457257.4292517,
      "market_yoy_growth_pct": 21.714256755549123,
      "market_cagr_3y_pct": 16.289002,
      "top_supplier_iso3": "ESP",
      "top_supplier_share_pct": 54.20766617495056,
      "your_share_gap_pp": 54.201259763941,
      "num_suppliers": 41,
      "market_hhi": 3569.6381030186335,
      "volatility_mean_usd": 166275.65948827716,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 100,
      "exporter_name": "Guatemala",
      "importer_name": "Italy",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "DNK",
      "hs_code": "271019",
      "your_market_share_pct": 0.0017631880024251104,
      "your_share_change_pp": 0.0017631880024251104,
      "market_imports_usd": 2449130129.032842,
      "market_yoy_growth_pct": -7.819564019265868,
      "market_cagr_3y_pct": 4.640943,
      "top_supplier_iso3": "SWE",
      "top_supplier_share_pct": 25.610657762110815,
      "your_share_gap_pp": 25.60889457410839,
      "num_suppliers": 74,
      "market_hhi": 1136.5402766199056,
      "volatility_mean_usd": 43182.7685988857,
      "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": 92.70641080085484,
      "exporter_name": "Guatemala",
      "importer_name": "Denmark",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "870840",
      "your_market_share_pct": 0.000012034062381603081,
      "your_share_change_pp": 0.000012034062381603081,
      "market_imports_usd": 2294451195.656637,
      "market_yoy_growth_pct": -7.3443832308347945,
      "market_cagr_3y_pct": 2.142808,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 39.36678474151717,
      "your_share_gap_pp": 39.36677270745479,
      "num_suppliers": 78,
      "market_hhi": 2049.8578807549798,
      "volatility_mean_usd": 276.1156882007575,
      "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": 48.853222259142115,
      "exporter_name": "Guatemala",
      "importer_name": "Spain",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "MYS",
      "hs_code": "848690",
      "your_market_share_pct": 0.0007238949479852501,
      "your_share_change_pp": 0.0007238949479852501,
      "market_imports_usd": 2079091251.8331943,
      "market_yoy_growth_pct": 101.37159613837086,
      "market_cagr_3y_pct": 36.885698,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 45.87663738329301,
      "your_share_gap_pp": 45.87591348834502,
      "num_suppliers": 66,
      "market_hhi": 2705.714422520062,
      "volatility_mean_usd": 15050.436536023786,
      "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": 83.55155903500275,
      "exporter_name": "Guatemala",
      "importer_name": "Malaysia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "AUT",
      "hs_code": "300215",
      "your_market_share_pct": 0.000006835634400856773,
      "your_share_change_pp": 0.000006835634400856773,
      "market_imports_usd": 1779821219.5714455,
      "market_yoy_growth_pct": 9.282741894353741,
      "market_cagr_3y_pct": -7.760257,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 29.74679860995672,
      "your_share_gap_pp": 29.74679177432232,
      "num_suppliers": 66,
      "market_hhi": 1806.6658349030356,
      "volatility_mean_usd": 121.66207155877427,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 41.77420589852591,
      "exporter_name": "Guatemala",
      "importer_name": "Austria",
      "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": "China, Hong Kong SAR",
        "imports": "$275.1M",
        "year": 2024,
        "annualChange": "+13.3%"
      },
      "exporterPosition": {
        "exporter": "Guatemala",
        "routeExports": "$18.2K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "85/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$275.1M",
      "projectionThreeYears": "$263.3M",
      "supplierCount": "32",
      "averageImports": "$508.7M",
      "historicalPeak": "$1.1B",
      "fullHistoryGrowth": "-1.5%",
      "latestAnnualChange": "+13.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "MAC",
        "iso3": "MAC",
        "share": "27.1%"
      },
      "marketConcentrationHhi": "1,490",
      "exporterShare": "0.0%",
      "shareGap": "27.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "15,124 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "1.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$49.7K",
      "gdpPerPersonGrowth": "+4.8%",
      "populationThousands": "7,413",
      "gdp": "$368.1B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.0%",
      "savingsRate": "22.2%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 18180.18841565892,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 700012.7032731646,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 1251989.1265631327,
          "yoy_growth_pct": 78.85234378019159,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 1305081.7903270049,
          "yoy_growth_pct": 4.240664925710513,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 477024.6900225404,
          "yoy_growth_pct": -63.448674745280464,
          "cagr_3y_pct": -12.000883435774467
        },
        {
          "year": 1999,
          "export_value_usd": 936616.8299471257,
          "yoy_growth_pct": 96.34556649528324,
          "cagr_3y_pct": -9.220636489854428
        },
        {
          "year": 2000,
          "export_value_usd": 1097389.7618362447,
          "yoy_growth_pct": 17.165283256568742,
          "cagr_3y_pct": -5.613968868522723
        },
        {
          "year": 2001,
          "export_value_usd": 1293147.5631279342,
          "yoy_growth_pct": 17.83849349606936,
          "cagr_3y_pct": 39.434125079762985
        },
        {
          "year": 2002,
          "export_value_usd": 1565215.2698251833,
          "yoy_growth_pct": 21.039184889244744,
          "cagr_3y_pct": 18.66902466595124
        },
        {
          "year": 2003,
          "export_value_usd": 2050568.301144095,
          "yoy_growth_pct": 31.008707918695432,
          "cagr_3y_pct": 23.169859248801927
        },
        {
          "year": 2004,
          "export_value_usd": 1703218.004464906,
          "yoy_growth_pct": -16.939221019138362,
          "cagr_3y_pct": 9.616025496456437
        },
        {
          "year": 2005,
          "export_value_usd": 4234079.270279519,
          "yoy_growth_pct": 148.59291407089873,
          "cagr_3y_pct": 39.335453729226934
        },
        {
          "year": 2006,
          "export_value_usd": 3126855.3476360156,
          "yoy_growth_pct": -26.1502879838716,
          "cagr_3y_pct": 15.100669662711974
        },
        {
          "year": 2007,
          "export_value_usd": 5898721.458518199,
          "yoy_growth_pct": 88.64708477729187,
          "cagr_3y_pct": 51.2966167458532
        },
        {
          "year": 2008,
          "export_value_usd": 6268368.13447192,
          "yoy_growth_pct": 6.266555872373392,
          "cagr_3y_pct": 13.972087594116346
        },
        {
          "year": 2009,
          "export_value_usd": 5707273.4730490595,
          "yoy_growth_pct": -8.95120786440744,
          "cagr_3y_pct": 22.21006190533248
        },
        {
          "year": 2010,
          "export_value_usd": 5473078.335792669,
          "yoy_growth_pct": -4.103450419229238,
          "cagr_3y_pct": -2.4655756551879016
        },
        {
          "year": 2011,
          "export_value_usd": 5691567.122244226,
          "yoy_growth_pct": 3.992063936353518,
          "cagr_3y_pct": -3.1664643787200464
        },
        {
          "year": 2012,
          "export_value_usd": 5472288.515825463,
          "yoy_growth_pct": -3.8526929703026846,
          "cagr_3y_pct": -1.391708422498994
        },
        {
          "year": 2013,
          "export_value_usd": 6181255.806062111,
          "yoy_growth_pct": 12.955590484426494,
          "cagr_3y_pct": 4.139387146772311
        },
        {
          "year": 2014,
          "export_value_usd": 8068549.309334344,
          "yoy_growth_pct": 30.532525468713303,
          "cagr_3y_pct": 12.336580131789464
        },
        {
          "year": 2015,
          "export_value_usd": 6537563.787001772,
          "yoy_growth_pct": -18.97473094155111,
          "cagr_3y_pct": 6.108209018719224
        },
        {
          "year": 2016,
          "export_value_usd": 8886304.084263239,
          "yoy_growth_pct": 35.926843297977754,
          "cagr_3y_pct": 12.862106332610622
        },
        {
          "year": 2017,
          "export_value_usd": 17846953.069184493,
          "yoy_growth_pct": 100.83662341456075,
          "cagr_3y_pct": 30.293537284791494
        },
        {
          "year": 2018,
          "export_value_usd": 18700357.487959582,
          "yoy_growth_pct": 4.781793370929077,
          "cagr_3y_pct": 41.9530265695514
        },
        {
          "year": 2019,
          "export_value_usd": 16697467.906705402,
          "yoy_growth_pct": -10.710434720532813,
          "cagr_3y_pct": 23.398481555675342
        },
        {
          "year": 2020,
          "export_value_usd": 16202379.868064323,
          "yoy_growth_pct": -2.965048601424536,
          "cagr_3y_pct": -3.1711197767112287
        },
        {
          "year": 2021,
          "export_value_usd": 17428750.705614105,
          "yoy_growth_pct": 7.569078416480157,
          "cagr_3y_pct": -2.320045262014736
        },
        {
          "year": 2022,
          "export_value_usd": 8160154.701987381,
          "yoy_growth_pct": -53.17992184397444,
          "cagr_3y_pct": -21.232101591854658
        },
        {
          "year": 2023,
          "export_value_usd": 5945692.474871742,
          "yoy_growth_pct": -27.13750300072515,
          "cagr_3y_pct": -28.40634341328102
        },
        {
          "year": 2024,
          "export_value_usd": 10553320.543250693,
          "yoy_growth_pct": 77.49523016624478,
          "cagr_3y_pct": -15.399234931898631
        }
      ],
      "routeHistoryScope": "Broader Guatemala to China, Hong Kong SAR route exports, not only HS 870324."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "CHN",
        "hs_code": "271019",
        "your_market_share_pct": 0.0004141590803545435,
        "your_share_change_pp": 0.0004141590803545435,
        "market_imports_usd": 17857965043.27483,
        "market_yoy_growth_pct": 13.307922603472466,
        "market_cagr_3y_pct": 13.862744,
        "top_supplier_iso3": "RUS",
        "top_supplier_share_pct": 28.95484119108353,
        "your_share_gap_pp": 28.954427032003178,
        "num_suppliers": 97,
        "market_hhi": 1452.2499716288548,
        "volatility_mean_usd": 73960.3837932629,
        "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": 97.38010056141283,
        "exporter_name": "Guatemala",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-chn-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "ITA",
        "hs_code": "271600",
        "your_market_share_pct": 0.0006601914752617503,
        "your_share_change_pp": 0.0006601914752617503,
        "market_imports_usd": 5360037687.825349,
        "market_yoy_growth_pct": -24.931849929557735,
        "market_cagr_3y_pct": -1.900402,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 44.974432627502715,
        "your_share_gap_pp": 44.97377243602745,
        "num_suppliers": 19,
        "market_hhi": 3225.066150131695,
        "volatility_mean_usd": 35386.51188583998,
        "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": 90.97700056485145,
        "exporter_name": "Guatemala",
        "importer_name": "Italy",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-ita-271600"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "MEX",
        "hs_code": "850760",
        "your_market_share_pct": 0.021896916541276953,
        "your_share_change_pp": 0.021896916541276953,
        "market_imports_usd": 5132663611.390328,
        "market_yoy_growth_pct": 31.951221157600006,
        "market_cagr_3y_pct": 34.126799,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 54.39873330752189,
        "your_share_gap_pp": 54.37683639098061,
        "num_suppliers": 113,
        "market_hhi": 3329.4839590724164,
        "volatility_mean_usd": 1123895.067330632,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 100,
        "exporter_name": "Guatemala",
        "importer_name": "Mexico",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-mex-850760"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "ITA",
        "hs_code": "150910",
        "your_market_share_pct": 0.006406411009556361,
        "your_share_change_pp": 0.006406411009556361,
        "market_imports_usd": 2595457257.4292517,
        "market_yoy_growth_pct": 21.714256755549123,
        "market_cagr_3y_pct": 16.289002,
        "top_supplier_iso3": "ESP",
        "top_supplier_share_pct": 54.20766617495056,
        "your_share_gap_pp": 54.201259763941,
        "num_suppliers": 41,
        "market_hhi": 3569.6381030186335,
        "volatility_mean_usd": 166275.65948827716,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 100,
        "exporter_name": "Guatemala",
        "importer_name": "Italy",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-ita-150910"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "DNK",
        "hs_code": "271019",
        "your_market_share_pct": 0.0017631880024251104,
        "your_share_change_pp": 0.0017631880024251104,
        "market_imports_usd": 2449130129.032842,
        "market_yoy_growth_pct": -7.819564019265868,
        "market_cagr_3y_pct": 4.640943,
        "top_supplier_iso3": "SWE",
        "top_supplier_share_pct": 25.610657762110815,
        "your_share_gap_pp": 25.60889457410839,
        "num_suppliers": 74,
        "market_hhi": 1136.5402766199056,
        "volatility_mean_usd": 43182.7685988857,
        "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": 92.70641080085484,
        "exporter_name": "Guatemala",
        "importer_name": "Denmark",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-dnk-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "ESP",
        "hs_code": "870840",
        "your_market_share_pct": 0.000012034062381603081,
        "your_share_change_pp": 0.000012034062381603081,
        "market_imports_usd": 2294451195.656637,
        "market_yoy_growth_pct": -7.3443832308347945,
        "market_cagr_3y_pct": 2.142808,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 39.36678474151717,
        "your_share_gap_pp": 39.36677270745479,
        "num_suppliers": 78,
        "market_hhi": 2049.8578807549798,
        "volatility_mean_usd": 276.1156882007575,
        "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": 48.853222259142115,
        "exporter_name": "Guatemala",
        "importer_name": "Spain",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-esp-870840"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "MYS",
        "hs_code": "848690",
        "your_market_share_pct": 0.0007238949479852501,
        "your_share_change_pp": 0.0007238949479852501,
        "market_imports_usd": 2079091251.8331943,
        "market_yoy_growth_pct": 101.37159613837086,
        "market_cagr_3y_pct": 36.885698,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 45.87663738329301,
        "your_share_gap_pp": 45.87591348834502,
        "num_suppliers": 66,
        "market_hhi": 2705.714422520062,
        "volatility_mean_usd": 15050.436536023786,
        "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": 83.55155903500275,
        "exporter_name": "Guatemala",
        "importer_name": "Malaysia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-mys-848690"
      },
      {
        "year": 2024,
        "exporter_iso3": "GTM",
        "importer_iso3": "AUT",
        "hs_code": "300215",
        "your_market_share_pct": 0.000006835634400856773,
        "your_share_change_pp": 0.000006835634400856773,
        "market_imports_usd": 1779821219.5714455,
        "market_yoy_growth_pct": 9.282741894353741,
        "market_cagr_3y_pct": -7.760257,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 29.74679860995672,
        "your_share_gap_pp": 29.74679177432232,
        "num_suppliers": 66,
        "market_hhi": 1806.6658349030356,
        "volatility_mean_usd": 121.66207155877427,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 41.77420589852591,
        "exporter_name": "Guatemala",
        "importer_name": "Austria",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-aut-300215"
      }
    ],
    "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/870324",
    "workspace": "https://www.yugalinks.com/app?hs=870324",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-hkg-870324/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-hkg-870324/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/gtm-hkg-870324/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": "2026-09-02T11:41:46.817Z"
}