{ "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/hnd-ita-180400", "seo": { "title": "Honduras to Italy new corridor | HS 180400 | Yugalinks", "description": "Reported new-corridor signal for Honduras to Italy in cocoa (HS 180400), 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": "HND-ITA-HS 180400", "url": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-180400" } ], "exporter": { "iso3": "HND", "country_name": "Honduras" }, "importer": { "iso3": "ITA", "country_name": "Italy" }, "hsCode": "180400", "product": "Cocoa: butter, fat and oil", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "ITA", "hs_code": "180400", "your_market_share_pct": 0.025956049208602203, "your_share_change_pp": 0.025956049208602203, "market_imports_usd": 616984174.7573092, "market_yoy_growth_pct": 119.49729182403708, "market_cagr_3y_pct": 32.760308, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 35.29926994187449, "your_share_gap_pp": 35.27331389266589, "num_suppliers": 34, "market_hhi": 2302.164812220748, "volatility_mean_usd": 160144.7160092954, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 100 }, "market": { "exporter_iso3": "HND", "importer_iso3": "ITA", "hs_code": "180400", "hs_description": "Cocoa: butter, fat and oil", "hs_chapter": "18", "hs_heading": "1804", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -19.937757, "buyer_imports_latest_usd": 616984174.7573092, "buyer_imports_avg_usd": 139062289.21224296, "buyer_imports_peak_usd": 616984174.7573092, "buyer_cagr_full_pct": 9.4524, "buyer_yoy_avg_pct": 12.3228, "buyer_yoy_latest_pct": 119.4973, "buyer_trend_consistency_pct": 58.6207, "buyer_imports_proj_3y_usd": 809002130.13, "buyer_imports_proj_5y_usd": 969170289.27, "buyer_gdp_mn_latest": 2099880.198259, "buyer_gdp_pc_latest": 35551, "buyer_population_latest": 59066.223, "buyer_investment_rate": 21.25, "buyer_savings_rate": 22.49, "buyer_edu_secondary": 95.34, "buyer_gdp_mn_2030_proj": 1953678.32, "buyer_gdp_pc_2030_proj": 33629.24, "buyer_gdp_pc_growth_pct": -5.41, "buyer_gdp_mn_growth_pct": -6.96, "buyer_pop_growth_pct": -1.65, "exports_latest_usd": 160144.7160092954, "exports_avg_usd": 160144.7160092954, "exports_peak_usd": 160144.7160092954, "share_latest_pct": 0.025956049208602203, "share_avg_pct": 0.025956049208602203, "share_peak_pct": 0.025956049208602203, "share_change_1y_pp": 0.025956049208602203, "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": 35.2733, "addressable_proj_3y_usd": 285361860.76, "addressable_proj_5y_usd": 341858478.29, "peer_best_share_pct": 35.29926994187449, "peer_top_exporter": "DEU", "num_suppliers_latest": 34, "buyer_herfindahl_index": 2302.16, "distance_km": 9759.431640625, "shares_official_language": 0, "common_spoken_language_score": 0.03959999978542328, "has_wto_reported_fta": 1, "buyer_is_eu_member": 1, "buyer_biz_entry_days": 11, "shared_legal_system": 1, "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": "HND", "importer_iso3": "ITA", "hs_code": "180400" }, "productHistory": [ { "year": 2024, "export_value_usd": 160144.7160092954, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 23355111.28478315, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 27900424.917154033, "yoy_growth_pct": 19.461751121401626, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 37946973.0695772, "yoy_growth_pct": 36.008584751862486, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 24824193.26773165, "yoy_growth_pct": -34.58188819905198, "cagr_3y_pct": 2.054243462127414 }, { "year": 1999, "export_value_usd": 17797759.069172017, "yoy_growth_pct": -28.304783655117284, "cagr_3y_pct": -13.916846418959416 }, { "year": 2000, "export_value_usd": 18103289.96139153, "yoy_growth_pct": 1.7166818082661406, "cagr_3y_pct": -21.86239008339378 }, { "year": 2001, "export_value_usd": 17143488.431594167, "yoy_growth_pct": -5.301807195511488, "cagr_3y_pct": -11.609005891654045 }, { "year": 2002, "export_value_usd": 11897873.949834812, "yoy_growth_pct": -30.598291022800694, "cagr_3y_pct": -12.561772202688449 }, { "year": 2003, "export_value_usd": 9254864.861326186, "yoy_growth_pct": -22.214129176795673, "cagr_3y_pct": -20.040354869265553 }, { "year": 2004, "export_value_usd": 20679359.621159784, "yoy_growth_pct": 123.44312889509351, "cagr_3y_pct": 6.4500726978083955 }, { "year": 2005, "export_value_usd": 27269830.178605065, "yoy_growth_pct": 31.86980002369948, "cagr_3y_pct": 31.847234014626615 }, { "year": 2006, "export_value_usd": 19131526.243652992, "yoy_growth_pct": -29.84361795306336, "cagr_3y_pct": 27.387411265112437 }, { "year": 2007, "export_value_usd": 22737883.279818404, "yoy_growth_pct": 18.85033629955082, "cagr_3y_pct": 3.213771795573761 }, { "year": 2008, "export_value_usd": 22019137.245326195, "yoy_growth_pct": -3.1610067905052164, "cagr_3y_pct": -6.880788828344486 }, { "year": 2009, "export_value_usd": 33243688.655790992, "yoy_growth_pct": 50.9763451919413, "cagr_3y_pct": 20.222714452032122 }, { "year": 2010, "export_value_usd": 48569486.120151065, "yoy_growth_pct": 46.10137467910123, "cagr_3y_pct": 28.786742552855426 }, { "year": 2011, "export_value_usd": 70108604.62346116, "yoy_growth_pct": 44.34701748753667, "cagr_3y_pct": 47.11501768891993 }, { "year": 2012, "export_value_usd": 82275823.6599346, "yoy_growth_pct": 17.35481557766134, "cagr_3y_pct": 35.265697863717136 }, { "year": 2013, "export_value_usd": 31435986.48958402, "yoy_growth_pct": -61.791951643636686, "cagr_3y_pct": -13.498986696502413 }, { "year": 2014, "export_value_usd": 45278503.76581749, "yoy_growth_pct": 44.033984048250055, "cagr_3y_pct": -13.561561149636358 }, { "year": 2015, "export_value_usd": 67116498.1301306, "yoy_growth_pct": 48.23037986692367, "cagr_3y_pct": -6.562971892494773 }, { "year": 2016, "export_value_usd": 63038193.35789195, "yoy_growth_pct": -6.076456438968747, "cagr_3y_pct": 26.103039563608355 }, { "year": 2017, "export_value_usd": 79842057.33939995, "yoy_growth_pct": 26.656639548830398, "cagr_3y_pct": 20.812874426750263 }, { "year": 2018, "export_value_usd": 66993606.37745387, "yoy_growth_pct": -16.092334529067433, "cagr_3y_pct": -0.0610713402859675 }, { "year": 2019, "export_value_usd": 66579546.26140663, "yoy_growth_pct": -0.6180591528605728, "cagr_3y_pct": 1.8385853139300634 }, { "year": 2020, "export_value_usd": 108407528.12334523, "yoy_growth_pct": 62.82407167166972, "cagr_3y_pct": 10.732704617357157 }, { "year": 2021, "export_value_usd": 99905813.51881857, "yoy_growth_pct": -7.8423655180602125, "cagr_3y_pct": 14.24901586802656 }, { "year": 2022, "export_value_usd": 198944380.02235115, "yoy_growth_pct": 99.13193538519893, "cagr_3y_pct": 44.03353335987459 }, { "year": 2023, "export_value_usd": 154467280.39271376, "yoy_growth_pct": -22.356549918444767, "cagr_3y_pct": 12.527590457232662 }, { "year": 2024, "export_value_usd": 154068285.8222104, "yoy_growth_pct": -0.2583036158136265, "cagr_3y_pct": 15.533384681966055 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "KOR", "hs_code": "854231", "your_market_share_pct": 7.48794490610516e-8, "your_share_change_pp": 7.48794490610516e-8, "market_imports_usd": 22419660173.79858, "market_yoy_growth_pct": 10.60627578648985, "market_cagr_3y_pct": 11.464317, "top_supplier_iso3": "TWN", "top_supplier_share_pct": 39.783066279931305, "your_share_gap_pp": 39.78306620505185, "num_suppliers": 79, "market_hhi": 2183.2139925193446, "volatility_mean_usd": 16.787718019500378, "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": 25.002404723222156, "exporter_name": "Honduras", "importer_name": "KOR", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "USA", "hs_code": "870380", "your_market_share_pct": 0.00008438801965333504, "your_share_change_pp": 0.00008438801965333504, "market_imports_usd": 22358645539.27754, "market_yoy_growth_pct": 15.250152574625409, "market_cagr_3y_pct": 59.459934, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 36.622914565568884, "your_share_gap_pp": 36.62283017754923, "num_suppliers": 51, "market_hhi": 2446.4290377478083, "volatility_mean_usd": 18868.018191905045, "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": 85.51498606378514, "exporter_name": "Honduras", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "IND", "hs_code": "854232", "your_market_share_pct": 0.000012909685830320999, "your_share_change_pp": 0.000012909685830320999, "market_imports_usd": 4036366953.206505, "market_yoy_growth_pct": 17.97157627582344, "market_cagr_3y_pct": 13.197721, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 56.18230385226654, "your_share_gap_pp": 56.182290942580714, "num_suppliers": 57, "market_hhi": 4034.8656506787293, "volatility_mean_usd": 521.0822926178596, "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": 54.354779271271774, "exporter_name": "Honduras", "importer_name": "India", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "USA", "hs_code": "030441", "your_market_share_pct": 0.0020864939090359217, "your_share_change_pp": 0.0020864939090359217, "market_imports_usd": 2561536819.509444, "market_yoy_growth_pct": -0.9915290799314191, "market_cagr_3y_pct": 4.730311, "top_supplier_iso3": "CHL", "top_supplier_share_pct": 62.825228435375216, "your_share_gap_pp": 62.82314194146618, "num_suppliers": 23, "market_hhi": 4376.539343317069, "volatility_mean_usd": 53446.309716777025, "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": 94.55851699554955, "exporter_name": "Honduras", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "MYS", "hs_code": "848690", "your_market_share_pct": 0.000028588588033318017, "your_share_change_pp": 0.000028588588033318017, "market_imports_usd": 2079091251.8331945, "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": 45.87660879470498, "num_suppliers": 66, "market_hhi": 2705.714422520062, "volatility_mean_usd": 594.3828328233463, "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": 55.49592616222432, "exporter_name": "Honduras", "importer_name": "Malaysia", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "ITA", "hs_code": "901890", "your_market_share_pct": 0.00042528202663011546, "your_share_change_pp": 0.00042528202663011546, "market_imports_usd": 1726909001.2177196, "market_yoy_growth_pct": 2.2091095660727866, "market_cagr_3y_pct": 0.900539, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 31.165459393239665, "your_share_gap_pp": 31.165034111213036, "num_suppliers": 101, "market_hhi": 1599.871151332845, "volatility_mean_usd": 7344.233598436604, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 77.32011224186869, "exporter_name": "Honduras", "importer_name": "Italy", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "ESP", "hs_code": "401110", "your_market_share_pct": 3.219074295701038e-8, "your_share_change_pp": 3.219074295701038e-8, "market_imports_usd": 1503179482.9321666, "market_yoy_growth_pct": 1.139446410403111, "market_cagr_3y_pct": 8.975152, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 18.18364605545494, "your_share_gap_pp": 18.183646023264195, "num_suppliers": 62, "market_hhi": 842.8713603412444, "volatility_mean_usd": 0.4838846435332115, "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": 3.4280028082907443, "exporter_name": "Honduras", "importer_name": "Spain", "published": true }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "CHN", "hs_code": "902750", "your_market_share_pct": 0.00001865293010441763, "your_share_change_pp": 0.00001865293010441763, "market_imports_usd": 1449837126.531446, "market_yoy_growth_pct": -21.43897797367752, "market_cagr_3y_pct": -9.975448, "top_supplier_iso3": "USA", "top_supplier_share_pct": 31.32178464972898, "your_share_gap_pp": 31.321765996798874, "num_suppliers": 64, "market_hhi": 1568.0714578856816, "volatility_mean_usd": 270.4371058398076, "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 } ], "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": "Italy", "imports": "$617.0M", "year": 2024, "annualChange": "+119.5%" }, "exporterPosition": { "exporter": "Honduras", "routeExports": "$160.1K", "currentShare": "0.0%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "100/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$617.0M", "projectionThreeYears": "$809.0M", "supplierCount": "34", "averageImports": "$139.1M", "historicalPeak": "$617.0M", "fullHistoryGrowth": "+9.5%", "latestAnnualChange": "+119.5%" }, "competition": { "topSupplier": { "country": "Germany", "iso3": "DEU", "share": "35.3%" }, "marketConcentrationHhi": "2,302", "exporterShare": "0.0%", "shareGap": "35.3%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "9,759 km", "tradeAgreement": "Reported yes", "businessEntryTime": "11 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$35.6K", "gdpPerPersonGrowth": "-5.4%", "populationThousands": "59,066", "gdp": "$2.1T", "gdpFiveYearCagr": "Not reported", "investmentRate": "21.3%", "savingsRate": "22.5%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 160144.7160092954, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 23355111.28478315, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 27900424.917154033, "yoy_growth_pct": 19.461751121401626, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 37946973.0695772, "yoy_growth_pct": 36.008584751862486, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 24824193.26773165, "yoy_growth_pct": -34.58188819905198, "cagr_3y_pct": 2.054243462127414 }, { "year": 1999, "export_value_usd": 17797759.069172017, "yoy_growth_pct": -28.304783655117284, "cagr_3y_pct": -13.916846418959416 }, { "year": 2000, "export_value_usd": 18103289.96139153, "yoy_growth_pct": 1.7166818082661406, "cagr_3y_pct": -21.86239008339378 }, { "year": 2001, "export_value_usd": 17143488.431594167, "yoy_growth_pct": -5.301807195511488, "cagr_3y_pct": -11.609005891654045 }, { "year": 2002, "export_value_usd": 11897873.949834812, "yoy_growth_pct": -30.598291022800694, "cagr_3y_pct": -12.561772202688449 }, { "year": 2003, "export_value_usd": 9254864.861326186, "yoy_growth_pct": -22.214129176795673, "cagr_3y_pct": -20.040354869265553 }, { "year": 2004, "export_value_usd": 20679359.621159784, "yoy_growth_pct": 123.44312889509351, "cagr_3y_pct": 6.4500726978083955 }, { "year": 2005, "export_value_usd": 27269830.178605065, "yoy_growth_pct": 31.86980002369948, "cagr_3y_pct": 31.847234014626615 }, { "year": 2006, "export_value_usd": 19131526.243652992, "yoy_growth_pct": -29.84361795306336, "cagr_3y_pct": 27.387411265112437 }, { "year": 2007, "export_value_usd": 22737883.279818404, "yoy_growth_pct": 18.85033629955082, "cagr_3y_pct": 3.213771795573761 }, { "year": 2008, "export_value_usd": 22019137.245326195, "yoy_growth_pct": -3.1610067905052164, "cagr_3y_pct": -6.880788828344486 }, { "year": 2009, "export_value_usd": 33243688.655790992, "yoy_growth_pct": 50.9763451919413, "cagr_3y_pct": 20.222714452032122 }, { "year": 2010, "export_value_usd": 48569486.120151065, "yoy_growth_pct": 46.10137467910123, "cagr_3y_pct": 28.786742552855426 }, { "year": 2011, "export_value_usd": 70108604.62346116, "yoy_growth_pct": 44.34701748753667, "cagr_3y_pct": 47.11501768891993 }, { "year": 2012, "export_value_usd": 82275823.6599346, "yoy_growth_pct": 17.35481557766134, "cagr_3y_pct": 35.265697863717136 }, { "year": 2013, "export_value_usd": 31435986.48958402, "yoy_growth_pct": -61.791951643636686, "cagr_3y_pct": -13.498986696502413 }, { "year": 2014, "export_value_usd": 45278503.76581749, "yoy_growth_pct": 44.033984048250055, "cagr_3y_pct": -13.561561149636358 }, { "year": 2015, "export_value_usd": 67116498.1301306, "yoy_growth_pct": 48.23037986692367, "cagr_3y_pct": -6.562971892494773 }, { "year": 2016, "export_value_usd": 63038193.35789195, "yoy_growth_pct": -6.076456438968747, "cagr_3y_pct": 26.103039563608355 }, { "year": 2017, "export_value_usd": 79842057.33939995, "yoy_growth_pct": 26.656639548830398, "cagr_3y_pct": 20.812874426750263 }, { "year": 2018, "export_value_usd": 66993606.37745387, "yoy_growth_pct": -16.092334529067433, "cagr_3y_pct": -0.0610713402859675 }, { "year": 2019, "export_value_usd": 66579546.26140663, "yoy_growth_pct": -0.6180591528605728, "cagr_3y_pct": 1.8385853139300634 }, { "year": 2020, "export_value_usd": 108407528.12334523, "yoy_growth_pct": 62.82407167166972, "cagr_3y_pct": 10.732704617357157 }, { "year": 2021, "export_value_usd": 99905813.51881857, "yoy_growth_pct": -7.8423655180602125, "cagr_3y_pct": 14.24901586802656 }, { "year": 2022, "export_value_usd": 198944380.02235115, "yoy_growth_pct": 99.13193538519893, "cagr_3y_pct": 44.03353335987459 }, { "year": 2023, "export_value_usd": 154467280.39271376, "yoy_growth_pct": -22.356549918444767, "cagr_3y_pct": 12.527590457232662 }, { "year": 2024, "export_value_usd": 154068285.8222104, "yoy_growth_pct": -0.2583036158136265, "cagr_3y_pct": 15.533384681966055 } ], "routeHistoryScope": "Broader Honduras to Italy route exports, not only HS 180400." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "KOR", "hs_code": "854231", "your_market_share_pct": 7.48794490610516e-8, "your_share_change_pp": 7.48794490610516e-8, "market_imports_usd": 22419660173.79858, "market_yoy_growth_pct": 10.60627578648985, "market_cagr_3y_pct": 11.464317, "top_supplier_iso3": "TWN", "top_supplier_share_pct": 39.783066279931305, "your_share_gap_pp": 39.78306620505185, "num_suppliers": 79, "market_hhi": 2183.2139925193446, "volatility_mean_usd": 16.787718019500378, "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": 25.002404723222156, "exporter_name": "Honduras", "importer_name": "KOR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-kor-854231" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "USA", "hs_code": "870380", "your_market_share_pct": 0.00008438801965333504, "your_share_change_pp": 0.00008438801965333504, "market_imports_usd": 22358645539.27754, "market_yoy_growth_pct": 15.250152574625409, "market_cagr_3y_pct": 59.459934, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 36.622914565568884, "your_share_gap_pp": 36.62283017754923, "num_suppliers": 51, "market_hhi": 2446.4290377478083, "volatility_mean_usd": 18868.018191905045, "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": 85.51498606378514, "exporter_name": "Honduras", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-usa-870380" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "IND", "hs_code": "854232", "your_market_share_pct": 0.000012909685830320999, "your_share_change_pp": 0.000012909685830320999, "market_imports_usd": 4036366953.206505, "market_yoy_growth_pct": 17.97157627582344, "market_cagr_3y_pct": 13.197721, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 56.18230385226654, "your_share_gap_pp": 56.182290942580714, "num_suppliers": 57, "market_hhi": 4034.8656506787293, "volatility_mean_usd": 521.0822926178596, "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": 54.354779271271774, "exporter_name": "Honduras", "importer_name": "India", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ind-854232" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "USA", "hs_code": "030441", "your_market_share_pct": 0.0020864939090359217, "your_share_change_pp": 0.0020864939090359217, "market_imports_usd": 2561536819.509444, "market_yoy_growth_pct": -0.9915290799314191, "market_cagr_3y_pct": 4.730311, "top_supplier_iso3": "CHL", "top_supplier_share_pct": 62.825228435375216, "your_share_gap_pp": 62.82314194146618, "num_suppliers": 23, "market_hhi": 4376.539343317069, "volatility_mean_usd": 53446.309716777025, "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": 94.55851699554955, "exporter_name": "Honduras", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-usa-030441" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "MYS", "hs_code": "848690", "your_market_share_pct": 0.000028588588033318017, "your_share_change_pp": 0.000028588588033318017, "market_imports_usd": 2079091251.8331945, "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": 45.87660879470498, "num_suppliers": 66, "market_hhi": 2705.714422520062, "volatility_mean_usd": 594.3828328233463, "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": 55.49592616222432, "exporter_name": "Honduras", "importer_name": "Malaysia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-mys-848690" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "ITA", "hs_code": "901890", "your_market_share_pct": 0.00042528202663011546, "your_share_change_pp": 0.00042528202663011546, "market_imports_usd": 1726909001.2177196, "market_yoy_growth_pct": 2.2091095660727866, "market_cagr_3y_pct": 0.900539, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 31.165459393239665, "your_share_gap_pp": 31.165034111213036, "num_suppliers": 101, "market_hhi": 1599.871151332845, "volatility_mean_usd": 7344.233598436604, "volatility_stddev_usd": 0, "volatility_cv": 0, "max_drawdown_pct": 0, "momentum_yoy_pct": null, "momentum_acceleration_pct": null, "anomaly_type": "", "anomaly_severity": "0", "anomaly_z_score": 0, "new_corridor_signal_type": "new", "new_corridor_signal_strength": 77.32011224186869, "exporter_name": "Honduras", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-901890" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "ESP", "hs_code": "401110", "your_market_share_pct": 3.219074295701038e-8, "your_share_change_pp": 3.219074295701038e-8, "market_imports_usd": 1503179482.9321666, "market_yoy_growth_pct": 1.139446410403111, "market_cagr_3y_pct": 8.975152, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 18.18364605545494, "your_share_gap_pp": 18.183646023264195, "num_suppliers": 62, "market_hhi": 842.8713603412444, "volatility_mean_usd": 0.4838846435332115, "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": 3.4280028082907443, "exporter_name": "Honduras", "importer_name": "Spain", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-esp-401110" }, { "year": 2024, "exporter_iso3": "HND", "importer_iso3": "CHN", "hs_code": "902750", "your_market_share_pct": 0.00001865293010441763, "your_share_change_pp": 0.00001865293010441763, "market_imports_usd": 1449837126.531446, "market_yoy_growth_pct": -21.43897797367752, "market_cagr_3y_pct": -9.975448, "top_supplier_iso3": "USA", "top_supplier_share_pct": 31.32178464972898, "your_share_gap_pp": 31.321765996798874, "num_suppliers": 64, "market_hhi": 1568.0714578856816, "volatility_mean_usd": 270.4371058398076, "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, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-chn-902750" } ], "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/180400", "workspace": "https://www.yugalinks.com/app?hs=180400", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-180400/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-180400/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-180400/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": "2026-09-02T11:42:23.422Z" }