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      "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": 48.67338432115103,
      "exporter_name": "Honduras",
      "importer_name": "CHN",
      "published": true
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  ],
  "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": "BRA",
        "imports": "$894.8M",
        "year": 2024,
        "annualChange": "+290.4%"
      },
      "exporterPosition": {
        "exporter": "Honduras",
        "routeExports": "$24.3",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "28/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$894.8M",
      "projectionThreeYears": "$1.3B",
      "supplierCount": "72",
      "averageImports": "$130.7M",
      "historicalPeak": "$894.8M",
      "fullHistoryGrowth": "+14.2%",
      "latestAnnualChange": "+290.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "79.3%"
      },
      "marketConcentrationHhi": "6,349",
      "exporterShare": "0.0%",
      "shareGap": "79.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "6,087 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "16.6 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$7.5K",
      "gdpPerPersonGrowth": "+1.7%",
      "populationThousands": "213,993",
      "gdp": "$1.6T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "19.2%",
      "savingsRate": "16.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 24.266504068134935,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "export_value_usd": 86763.09806847578,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 157426.83134712587,
          "yoy_growth_pct": 81.44445605536166,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 125009.29425956185,
          "yoy_growth_pct": -20.59212956912244,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 194001.25383417838,
          "yoy_growth_pct": 55.18946409805796,
          "cagr_3y_pct": 30.76449127741101
        },
        {
          "year": 1999,
          "export_value_usd": 184537.67630040998,
          "yoy_growth_pct": -4.8781012218907405,
          "cagr_3y_pct": 5.43919895699867
        },
        {
          "year": 2000,
          "export_value_usd": 654497.872121545,
          "yoy_growth_pct": 254.66896800850796,
          "cagr_3y_pct": 73.64221289666726
        },
        {
          "year": 2001,
          "export_value_usd": 388549.55428670545,
          "yoy_growth_pct": -40.63394690234394,
          "cagr_3y_pct": 26.05128947676496
        },
        {
          "year": 2002,
          "export_value_usd": 399572.06288289884,
          "yoy_growth_pct": 2.8368347034726016,
          "cagr_3y_pct": 29.37092679173383
        },
        {
          "year": 2003,
          "export_value_usd": 414949.47752852936,
          "yoy_growth_pct": 3.848470920284819,
          "cagr_3y_pct": -14.092912707824778
        },
        {
          "year": 2004,
          "export_value_usd": 926906.0092381679,
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          "cagr_3y_pct": 33.617423829227036
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          "year": 2005,
          "export_value_usd": 1842204.972443106,
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          "cagr_3y_pct": 66.43613096591996
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          "yoy_growth_pct": 35.68324491067085,
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          "year": 2008,
          "export_value_usd": 5679768.422370014,
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          "export_value_usd": 5342259.193269346,
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        {
          "year": 2011,
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          "year": 2012,
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        {
          "year": 2013,
          "export_value_usd": 14264264.162561577,
          "yoy_growth_pct": -14.630697980932151,
          "cagr_3y_pct": 38.73141182543749
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        {
          "year": 2014,
          "export_value_usd": 18101919.882083897,
          "yoy_growth_pct": 26.903986604473772,
          "cagr_3y_pct": 36.065092729272116
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          "year": 2015,
          "export_value_usd": 14660486.460245524,
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          "cagr_3y_pct": -4.265843984702855
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        {
          "year": 2016,
          "export_value_usd": 10846116.107041007,
          "yoy_growth_pct": -26.018034009634327,
          "cagr_3y_pct": -8.727147102327681
        },
        {
          "year": 2017,
          "export_value_usd": 12680000.225970363,
          "yoy_growth_pct": 16.90821028311551,
          "cagr_3y_pct": -11.18938565460864
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        {
          "year": 2018,
          "export_value_usd": 12874728.004213218,
          "yoy_growth_pct": 1.5357080029385628,
          "cagr_3y_pct": -4.23726071664422
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        {
          "year": 2019,
          "export_value_usd": 10074904.188375218,
          "yoy_growth_pct": -21.746663812406485,
          "cagr_3y_pct": -2.4286699448066495
        },
        {
          "year": 2020,
          "export_value_usd": 11731312.725557122,
          "yoy_growth_pct": 16.440935876026774,
          "cagr_3y_pct": -2.558838915407713
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        {
          "year": 2021,
          "export_value_usd": 18789626.721998937,
          "yoy_growth_pct": 60.166446514250715,
          "cagr_3y_pct": 13.42967730191873
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        {
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          "cagr_3y_pct": 35.409332495024316
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        {
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          "cagr_3y_pct": 24.281669066790258
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        {
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      ],
      "routeHistoryScope": "Broader Honduras to BRA route exports, not only HS 842129."
    },
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      {
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    ],
    "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"
        }
      ]
    }
  },
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