{ "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/hkg-chn-440719", "seo": { "title": "China, Hong Kong SAR to CHN new corridor | HS 440719 | Yugalinks", "description": "Reported new-corridor signal for China, Hong Kong SAR to CHN in wood (HS 440719), with market demand, growth, share, competition, access, and evidence.", "robots": "index, follow" }, "breadcrumbs": [ { "name": "Home", "url": "https://www.yugalinks.com/" }, { "name": "Trade data", "url": "https://www.yugalinks.com/trade/signal/new-corridor/" }, { "name": "New corridor signals", "url": "https://www.yugalinks.com/trade/signal/new-corridor/" }, { "name": "HKG-CHN-HS 440719", "url": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-chn-440719" } ], "exporter": { "iso3": "HKG", "country_name": "China, Hong Kong SAR" }, "importer": { "iso3": "CHN", "country_name": "CHN" }, "hsCode": "440719", "product": "Wood: coniferous species, other than of pine (Pinus spp.) or fir (Abies spp.) or spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "CHN", "hs_code": "440719", "your_market_share_pct": 0.00047000481942787223, "your_share_change_pp": 0.00047000481942787223, "market_imports_usd": 346463490.2639312, "market_yoy_growth_pct": 6.317455749472645, "market_cagr_3y_pct": -16.989936, "top_supplier_iso3": "RUS", "top_supplier_share_pct": 77.47828593689664, "your_share_gap_pp": 77.4778159320772, "num_suppliers": 29, "market_hhi": 6310.693429310205, "volatility_mean_usd": 1628.3951017984934, "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": 64.240528128469 }, "market": { "exporter_iso3": "HKG", "importer_iso3": "CHN", "hs_code": "440719", "hs_description": "Wood: coniferous species, other than of pine (Pinus spp.) or fir (Abies spp.) or spruce (Picea spp.), sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thickness exceeding 6mm", "hs_chapter": "44", "hs_heading": "4407", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": null, "buyer_imports_latest_usd": 346463490.2639313, "buyer_imports_avg_usd": 315906847.8255574, "buyer_imports_peak_usd": 850869622.9825803, "buyer_cagr_full_pct": 14.6205, "buyer_yoy_avg_pct": 20.2272, "buyer_yoy_latest_pct": 6.3175, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 521728479.53, "buyer_imports_proj_5y_usd": 685439702.25, "buyer_gdp_mn_latest": 17734062.645370997, "buyer_gdp_pc_latest": 12556, "buyer_population_latest": 1412359.985, "buyer_investment_rate": 44.52, "buyer_savings_rate": 45.77, "buyer_edu_secondary": 84.78, "buyer_gdp_mn_2030_proj": 23254511.23, "buyer_gdp_pc_2030_proj": 16362.42, "buyer_gdp_pc_growth_pct": 30.32, "buyer_gdp_mn_growth_pct": 31.13, "buyer_pop_growth_pct": 0.62, "exports_latest_usd": 1628.3951017984934, "exports_avg_usd": 1628.3951017984934, "exports_peak_usd": 1628.3951017984934, "share_latest_pct": 0.0004700048194278723, "share_avg_pct": 0.0004700048194278723, "share_peak_pct": 0.0004700048194278723, "share_change_1y_pp": 0.0004700048194278723, "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": 77.4778, "addressable_proj_3y_usd": 404223831.04, "addressable_proj_5y_usd": 531063710.83, "peer_best_share_pct": 77.47828593689663, "peer_top_exporter": "RUS", "num_suppliers_latest": 29, "buyer_herfindahl_index": 6310.69, "distance_km": 1976.2490234375, "shares_official_language": 1, "common_spoken_language_score": 0.8365903496742249, "has_wto_reported_fta": 1, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 8.5, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 1, "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": "HKG", "importer_iso3": "CHN", "hs_code": "440719" }, "productHistory": [ { "year": 2024, "export_value_usd": 1628.3951017984934, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 23028739697.4428, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 23419309124.117416, "yoy_growth_pct": 1.6960086909054262, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 23829668650.39685, "yoy_growth_pct": 1.7522272928915728, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 21795219332.966457, "yoy_growth_pct": -8.537463727581084, "cagr_3y_pct": -1.8183429296266818 }, { "year": 1999, "export_value_usd": 21576633263.948364, "yoy_growth_pct": -1.0029083244299852, "cagr_3y_pct": -2.694691561431839 }, { "year": 2000, "export_value_usd": 23518123057.05471, "yoy_growth_pct": 8.99811277021756, "cagr_3y_pct": -0.43770820107019714 }, { "year": 2001, "export_value_usd": 23437860995.76717, "yoy_growth_pct": -0.34127749520157513, "cagr_3y_pct": 2.4516389028397256 }, { "year": 2002, "export_value_usd": 23957819145.11436, "yoy_growth_pct": 2.218453934175546, "cagr_3y_pct": 3.5510564603128847 }, { "year": 2003, "export_value_usd": 25620889988.249817, "yoy_growth_pct": 6.9416620647401395, "cagr_3y_pct": 2.895690140440288 }, { "year": 2004, "export_value_usd": 27709669206.768753, "yoy_growth_pct": 8.152641143523454, "cagr_3y_pct": 5.7396306354449145 }, { "year": 2005, "export_value_usd": 31526897701.827763, "yoy_growth_pct": 13.775799583080417, "cagr_3y_pct": 9.583369927204854 }, { "year": 2006, "export_value_usd": 34376422755.21686, "yoy_growth_pct": 9.038393438958291, "cagr_3y_pct": 10.294914907297791 }, { "year": 2007, "export_value_usd": 38685268490.90607, "yoy_growth_pct": 12.534305172970072, "cagr_3y_pct": 11.764726073278698 }, { "year": 2008, "export_value_usd": 39362877047.989975, "yoy_growth_pct": 1.7515932640953302, "cagr_3y_pct": 7.6800376432347495 }, { "year": 2009, "export_value_usd": 31568555868.73186, "yoy_growth_pct": -19.801197889462006, "cagr_3y_pct": -2.8003552027675016 }, { "year": 2010, "export_value_usd": 42180068240.70372, "yoy_growth_pct": 33.614183734272075, "cagr_3y_pct": 2.9249238174748227 }, { "year": 2011, "export_value_usd": 62454893806.299614, "yoy_growth_pct": 48.06731333362497, "cagr_3y_pct": 16.634369729939415 }, { "year": 2012, "export_value_usd": 69810295393.29982, "yoy_growth_pct": 11.777142092039373, "cagr_3y_pct": 30.28315091912075 }, { "year": 2013, "export_value_usd": 68762322237.75835, "yoy_growth_pct": -1.5011727849558065, "cagr_3y_pct": 17.692219318393022 }, { "year": 2014, "export_value_usd": 56335151806.204285, "yoy_growth_pct": -18.072645057833913, "cagr_3y_pct": -3.3791178614933304 }, { "year": 2015, "export_value_usd": 48067868585.19812, "yoy_growth_pct": -14.675176964901116, "cagr_3y_pct": -11.696389077751556 }, { "year": 2016, "export_value_usd": 46376389213.057594, "yoy_growth_pct": -3.518939828052614, "cagr_3y_pct": -12.30352595585764 }, { "year": 2017, "export_value_usd": 38233558315.549286, "yoy_growth_pct": -17.558139035144283, "cagr_3y_pct": -12.12033016455406 }, { "year": 2018, "export_value_usd": 40111947095.710594, "yoy_growth_pct": 4.912932154152605, "cagr_3y_pct": -5.853041810398063 }, { "year": 2019, "export_value_usd": 39054067851.23503, "yoy_growth_pct": -2.6373171114116523, "cagr_3y_pct": -5.567146132127054 }, { "year": 2020, "export_value_usd": 37147093971.5553, "yoy_growth_pct": -4.882907171011707, "cagr_3y_pct": -0.9563336306831371 }, { "year": 2021, "export_value_usd": 52163823297.33038, "yoy_growth_pct": 40.4250446542975, "cagr_3y_pct": 9.152048430713533 }, { "year": 2022, "export_value_usd": 42570526276.76006, "yoy_growth_pct": -18.39070914317218, "cagr_3y_pct": 2.91552983279868 }, { "year": 2023, "export_value_usd": 43342615408.371925, "yoy_growth_pct": 1.8136706288109927, "cagr_3y_pct": 5.276173208039614 }, { "year": 2024, "export_value_usd": 48275939948.68271, "yoy_growth_pct": 11.382157015282178, "cagr_3y_pct": -2.548818749491566 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "RUS", "hs_code": "870322", "your_market_share_pct": 0.03913276752043142, "your_share_change_pp": 0.03913276752043142, "market_imports_usd": 6422213725.84459, "market_yoy_growth_pct": 8.364992075458488, "market_cagr_3y_pct": 77.878195, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 83.52855680296635, "your_share_gap_pp": 83.48942403544592, "num_suppliers": 26, "market_hhi": 7164.29236215223, "volatility_mean_usd": 2513189.967, "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": "China, Hong Kong SAR", "importer_name": "Russian Federation", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "DEU", "hs_code": "880240", "your_market_share_pct": 0.0000034785004524070825, "your_share_change_pp": 0.0000034785004524070825, "market_imports_usd": 5506035955.59275, "market_yoy_growth_pct": -13.459290485531273, "market_cagr_3y_pct": -6.564277, "top_supplier_iso3": "USA", "top_supplier_share_pct": 34.02070862102891, "your_share_gap_pp": 34.020705142528456, "num_suppliers": 26, "market_hhi": 2552.022889904854, "volatility_mean_usd": 191.52748562499042, "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": 45.689854781114725, "exporter_name": "China, Hong Kong SAR", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "TUR", "hs_code": "870322", "your_market_share_pct": 0.00038995396208057, "your_share_change_pp": 0.00038995396208057, "market_imports_usd": 5382436053.777765, "market_yoy_growth_pct": -14.860043068214646, "market_cagr_3y_pct": 35.744249, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 25.87690346724353, "your_share_gap_pp": 25.87651351328145, "num_suppliers": 40, "market_hhi": 1473.1920999228528, "volatility_mean_usd": 20989.022648159476, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 86.44025814369697, "exporter_name": "China, Hong Kong SAR", "importer_name": "TUR", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "USA", "hs_code": "850423", "your_market_share_pct": 0.00010665409158616076, "your_share_change_pp": 0.00010665409158616076, "market_imports_usd": 3027944447.408744, "market_yoy_growth_pct": 48.91593126252967, "market_cagr_3y_pct": 42.739733, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 23.575225547949945, "your_share_gap_pp": 23.57511889385836, "num_suppliers": 35, "market_hhi": 1046.610913819282, "volatility_mean_usd": 3229.426644117391, "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": 70.18519767231717, "exporter_name": "China, Hong Kong SAR", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "TUR", "hs_code": "870323", "your_market_share_pct": 0.00009594372646259944, "your_share_change_pp": 0.00009594372646259944, "market_imports_usd": 2123664911.8304286, "market_yoy_growth_pct": 2.1271139594471355, "market_cagr_3y_pct": 48.104711, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 42.37693439027683, "your_share_gap_pp": 42.376838446550366, "num_suppliers": 53, "market_hhi": 2590.024621917363, "volatility_mean_usd": 2037.52325398879, "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": 66.18631339863241, "exporter_name": "China, Hong Kong SAR", "importer_name": "TUR", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "BRA", "hs_code": "870360", "your_market_share_pct": 2.9594336946409125, "your_share_change_pp": 2.9594336946409125, "market_imports_usd": 2100272095.360058, "market_yoy_growth_pct": 81.72088506849282, "market_cagr_3y_pct": 83.974303, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 76.05289137739413, "your_share_gap_pp": 73.09345768275323, "num_suppliers": 20, "market_hhi": 5862.917552220231, "volatility_mean_usd": 62156160.06922628, "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": "China, Hong Kong SAR", "importer_name": "BRA", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "DEU", "hs_code": "070200", "your_market_share_pct": 0.000003092902549797784, "your_share_change_pp": 0.000003092902549797784, "market_imports_usd": 1744831979.35712, "market_yoy_growth_pct": -8.903704907005693, "market_cagr_3y_pct": -1.186828, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 47.855598118640486, "your_share_gap_pp": 47.855595025737934, "num_suppliers": 72, "market_hhi": 2916.686794046118, "volatility_mean_usd": 53.96595277922351, "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": 34.801875208530866, "exporter_name": "China, Hong Kong SAR", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "ITA", "hs_code": "880240", "your_market_share_pct": 0.0007600979412264343, "your_share_change_pp": 0.0007600979412264343, "market_imports_usd": 1572331100.9828598, "market_yoy_growth_pct": -3.9159944590212103, "market_cagr_3y_pct": 73.349602, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 41.584831144888604, "your_share_gap_pp": 41.58407104694738, "num_suppliers": 48, "market_hhi": 2721.2336243571744, "volatility_mean_usd": 11951.256327833646, "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": 81.54899796882742, "exporter_name": "China, Hong Kong SAR", "importer_name": "Italy", "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": "CHN", "imports": "$346.5M", "year": 2024, "annualChange": "+6.3%" }, "exporterPosition": { "exporter": "China, Hong Kong SAR", "routeExports": "$1.6K", "currentShare": "0.0%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "64/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$346.5M", "projectionThreeYears": "$521.7M", "supplierCount": "29", "averageImports": "$315.9M", "historicalPeak": "$850.9M", "fullHistoryGrowth": "+14.6%", "latestAnnualChange": "+6.3%" }, "competition": { "topSupplier": { "country": "Russian Federation", "iso3": "RUS", "share": "77.5%" }, "marketConcentrationHhi": "6,311", "exporterShare": "0.0%", "shareGap": "77.5%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "1,976 km", "tradeAgreement": "Reported yes", "businessEntryTime": "8.5 days", "sharedSpokenLanguageScore": "0.8" }, "economy": { "gdpPerPerson": "$12.6K", "gdpPerPersonGrowth": "+30.3%", "populationThousands": "1,412,360", "gdp": "$17.7T", "gdpFiveYearCagr": "Not reported", "investmentRate": "44.5%", "savingsRate": "45.8%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 1628.3951017984934, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 23028739697.4428, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 23419309124.117416, "yoy_growth_pct": 1.6960086909054262, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 23829668650.39685, "yoy_growth_pct": 1.7522272928915728, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 21795219332.966457, "yoy_growth_pct": -8.537463727581084, "cagr_3y_pct": -1.8183429296266818 }, { "year": 1999, "export_value_usd": 21576633263.948364, "yoy_growth_pct": -1.0029083244299852, "cagr_3y_pct": -2.694691561431839 }, { "year": 2000, "export_value_usd": 23518123057.05471, "yoy_growth_pct": 8.99811277021756, "cagr_3y_pct": -0.43770820107019714 }, { "year": 2001, "export_value_usd": 23437860995.76717, "yoy_growth_pct": -0.34127749520157513, "cagr_3y_pct": 2.4516389028397256 }, { "year": 2002, "export_value_usd": 23957819145.11436, "yoy_growth_pct": 2.218453934175546, "cagr_3y_pct": 3.5510564603128847 }, { "year": 2003, "export_value_usd": 25620889988.249817, "yoy_growth_pct": 6.9416620647401395, "cagr_3y_pct": 2.895690140440288 }, { "year": 2004, "export_value_usd": 27709669206.768753, "yoy_growth_pct": 8.152641143523454, "cagr_3y_pct": 5.7396306354449145 }, { "year": 2005, "export_value_usd": 31526897701.827763, "yoy_growth_pct": 13.775799583080417, "cagr_3y_pct": 9.583369927204854 }, { "year": 2006, "export_value_usd": 34376422755.21686, "yoy_growth_pct": 9.038393438958291, "cagr_3y_pct": 10.294914907297791 }, { "year": 2007, "export_value_usd": 38685268490.90607, "yoy_growth_pct": 12.534305172970072, "cagr_3y_pct": 11.764726073278698 }, { "year": 2008, "export_value_usd": 39362877047.989975, "yoy_growth_pct": 1.7515932640953302, "cagr_3y_pct": 7.6800376432347495 }, { "year": 2009, "export_value_usd": 31568555868.73186, "yoy_growth_pct": -19.801197889462006, "cagr_3y_pct": -2.8003552027675016 }, { "year": 2010, "export_value_usd": 42180068240.70372, "yoy_growth_pct": 33.614183734272075, "cagr_3y_pct": 2.9249238174748227 }, { "year": 2011, "export_value_usd": 62454893806.299614, "yoy_growth_pct": 48.06731333362497, "cagr_3y_pct": 16.634369729939415 }, { "year": 2012, "export_value_usd": 69810295393.29982, "yoy_growth_pct": 11.777142092039373, "cagr_3y_pct": 30.28315091912075 }, { "year": 2013, "export_value_usd": 68762322237.75835, "yoy_growth_pct": -1.5011727849558065, "cagr_3y_pct": 17.692219318393022 }, { "year": 2014, "export_value_usd": 56335151806.204285, "yoy_growth_pct": -18.072645057833913, "cagr_3y_pct": -3.3791178614933304 }, { "year": 2015, "export_value_usd": 48067868585.19812, "yoy_growth_pct": -14.675176964901116, "cagr_3y_pct": -11.696389077751556 }, { "year": 2016, "export_value_usd": 46376389213.057594, "yoy_growth_pct": -3.518939828052614, "cagr_3y_pct": -12.30352595585764 }, { "year": 2017, "export_value_usd": 38233558315.549286, "yoy_growth_pct": -17.558139035144283, "cagr_3y_pct": -12.12033016455406 }, { "year": 2018, "export_value_usd": 40111947095.710594, "yoy_growth_pct": 4.912932154152605, "cagr_3y_pct": -5.853041810398063 }, { "year": 2019, "export_value_usd": 39054067851.23503, "yoy_growth_pct": -2.6373171114116523, "cagr_3y_pct": -5.567146132127054 }, { "year": 2020, "export_value_usd": 37147093971.5553, "yoy_growth_pct": -4.882907171011707, "cagr_3y_pct": -0.9563336306831371 }, { "year": 2021, "export_value_usd": 52163823297.33038, "yoy_growth_pct": 40.4250446542975, "cagr_3y_pct": 9.152048430713533 }, { "year": 2022, "export_value_usd": 42570526276.76006, "yoy_growth_pct": -18.39070914317218, "cagr_3y_pct": 2.91552983279868 }, { "year": 2023, "export_value_usd": 43342615408.371925, "yoy_growth_pct": 1.8136706288109927, "cagr_3y_pct": 5.276173208039614 }, { "year": 2024, "export_value_usd": 48275939948.68271, "yoy_growth_pct": 11.382157015282178, "cagr_3y_pct": -2.548818749491566 } ], "routeHistoryScope": "Broader China, Hong Kong SAR to CHN route exports, not only HS 440719." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "RUS", "hs_code": "870322", "your_market_share_pct": 0.03913276752043142, "your_share_change_pp": 0.03913276752043142, "market_imports_usd": 6422213725.84459, "market_yoy_growth_pct": 8.364992075458488, "market_cagr_3y_pct": 77.878195, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 83.52855680296635, "your_share_gap_pp": 83.48942403544592, "num_suppliers": 26, "market_hhi": 7164.29236215223, "volatility_mean_usd": 2513189.967, "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": "China, Hong Kong SAR", "importer_name": "Russian Federation", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-rus-870322" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "DEU", "hs_code": "880240", "your_market_share_pct": 0.0000034785004524070825, "your_share_change_pp": 0.0000034785004524070825, "market_imports_usd": 5506035955.59275, "market_yoy_growth_pct": -13.459290485531273, "market_cagr_3y_pct": -6.564277, "top_supplier_iso3": "USA", "top_supplier_share_pct": 34.02070862102891, "your_share_gap_pp": 34.020705142528456, "num_suppliers": 26, "market_hhi": 2552.022889904854, "volatility_mean_usd": 191.52748562499042, "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": 45.689854781114725, "exporter_name": "China, Hong Kong SAR", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-deu-880240" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "TUR", "hs_code": "870322", "your_market_share_pct": 0.00038995396208057, "your_share_change_pp": 0.00038995396208057, "market_imports_usd": 5382436053.777765, "market_yoy_growth_pct": -14.860043068214646, "market_cagr_3y_pct": 35.744249, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 25.87690346724353, "your_share_gap_pp": 25.87651351328145, "num_suppliers": 40, "market_hhi": 1473.1920999228528, "volatility_mean_usd": 20989.022648159476, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 86.44025814369697, "exporter_name": "China, Hong Kong SAR", "importer_name": "TUR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-tur-870322" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "USA", "hs_code": "850423", "your_market_share_pct": 0.00010665409158616076, "your_share_change_pp": 0.00010665409158616076, "market_imports_usd": 3027944447.408744, "market_yoy_growth_pct": 48.91593126252967, "market_cagr_3y_pct": 42.739733, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 23.575225547949945, "your_share_gap_pp": 23.57511889385836, "num_suppliers": 35, "market_hhi": 1046.610913819282, "volatility_mean_usd": 3229.426644117391, "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": 70.18519767231717, "exporter_name": "China, Hong Kong SAR", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-usa-850423" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "TUR", "hs_code": "870323", "your_market_share_pct": 0.00009594372646259944, "your_share_change_pp": 0.00009594372646259944, "market_imports_usd": 2123664911.8304286, "market_yoy_growth_pct": 2.1271139594471355, "market_cagr_3y_pct": 48.104711, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 42.37693439027683, "your_share_gap_pp": 42.376838446550366, "num_suppliers": 53, "market_hhi": 2590.024621917363, "volatility_mean_usd": 2037.52325398879, "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": 66.18631339863241, "exporter_name": "China, Hong Kong SAR", "importer_name": "TUR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-tur-870323" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "BRA", "hs_code": "870360", "your_market_share_pct": 2.9594336946409125, "your_share_change_pp": 2.9594336946409125, "market_imports_usd": 2100272095.360058, "market_yoy_growth_pct": 81.72088506849282, "market_cagr_3y_pct": 83.974303, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 76.05289137739413, "your_share_gap_pp": 73.09345768275323, "num_suppliers": 20, "market_hhi": 5862.917552220231, "volatility_mean_usd": 62156160.06922628, "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": "China, Hong Kong SAR", "importer_name": "BRA", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-bra-870360" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "DEU", "hs_code": "070200", "your_market_share_pct": 0.000003092902549797784, "your_share_change_pp": 0.000003092902549797784, "market_imports_usd": 1744831979.35712, "market_yoy_growth_pct": -8.903704907005693, "market_cagr_3y_pct": -1.186828, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 47.855598118640486, "your_share_gap_pp": 47.855595025737934, "num_suppliers": 72, "market_hhi": 2916.686794046118, "volatility_mean_usd": 53.96595277922351, "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": 34.801875208530866, "exporter_name": "China, Hong Kong SAR", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-deu-070200" }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "ITA", "hs_code": "880240", "your_market_share_pct": 0.0007600979412264343, "your_share_change_pp": 0.0007600979412264343, "market_imports_usd": 1572331100.9828598, "market_yoy_growth_pct": -3.9159944590212103, "market_cagr_3y_pct": 73.349602, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 41.584831144888604, "your_share_gap_pp": 41.58407104694738, "num_suppliers": 48, "market_hhi": 2721.2336243571744, "volatility_mean_usd": 11951.256327833646, "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": 81.54899796882742, "exporter_name": "China, Hong Kong SAR", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-ita-880240" } ], "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/440719", "workspace": "https://www.yugalinks.com/app?hs=440719", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-chn-440719/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-chn-440719/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/hkg-chn-440719/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": "2026-09-02T11:41:21.932Z" }