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      "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": "Portugal",
        "imports": "$1.3B",
        "year": 2024,
        "annualChange": "+3.8%"
      },
      "exporterPosition": {
        "exporter": "Honduras",
        "routeExports": "$1.5K",
        "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": "$1.3B",
      "projectionThreeYears": "$1.4B",
      "supplierCount": "93",
      "averageImports": "$938.1M",
      "historicalPeak": "$1.3B",
      "fullHistoryGrowth": "+3.6%",
      "latestAnnualChange": "+3.8%"
    },
    "competition": {
      "topSupplier": {
        "country": "Spain",
        "iso3": "ESP",
        "share": "50.6%"
      },
      "marketConcentrationHhi": "3,036",
      "exporterShare": "0.0%",
      "shareGap": "50.6%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "8,019 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "6.5 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$24.3K",
      "gdpPerPersonGrowth": "+3.6%",
      "populationThousands": "10,299",
      "gdp": "$249.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.0%",
      "savingsRate": "19.3%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 1526.7525313596575,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "export_value_usd": 5413167.700346293,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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          "year": 1996,
          "export_value_usd": 4527240.533967434,
          "yoy_growth_pct": -16.366150384038235,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 5050372.9643242275,
          "yoy_growth_pct": 11.555216172672566,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 5371044.264419934,
          "yoy_growth_pct": 6.349457799669933,
          "cagr_3y_pct": -0.26006444853967636
        },
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          "year": 1999,
          "export_value_usd": 3195385.4146821136,
          "yoy_growth_pct": -40.50718524422343,
          "cagr_3y_pct": -10.964494983257534
        },
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          "year": 2000,
          "export_value_usd": 2858574.885727184,
          "yoy_growth_pct": -10.540529083200955,
          "cagr_3y_pct": -17.28034632746862
        },
        {
          "year": 2001,
          "export_value_usd": 2236088.7663168022,
          "yoy_growth_pct": -21.776099780294167,
          "cagr_3y_pct": -25.33046684101865
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        {
          "year": 2002,
          "export_value_usd": 2888243.628825575,
          "yoy_growth_pct": 29.16498094049176,
          "cagr_3y_pct": -3.3125309941092085
        },
        {
          "year": 2003,
          "export_value_usd": 4148412.2510231854,
          "yoy_growth_pct": 43.63096691777428,
          "cagr_3y_pct": 13.216774563661904
        },
        {
          "year": 2004,
          "export_value_usd": 4926668.889621366,
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        {
          "year": 2013,
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          "year": 2014,
          "export_value_usd": 7652006.963135335,
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          "year": 2015,
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          "year": 2016,
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          "yoy_growth_pct": -37.879373739167285,
          "cagr_3y_pct": -15.061114902799655
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        {
          "year": 2017,
          "export_value_usd": 8133405.075489809,
          "yoy_growth_pct": 73.03494562533757,
          "cagr_3y_pct": 2.0545444894740195
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        {
          "year": 2018,
          "export_value_usd": 11011013.883022174,
          "yoy_growth_pct": 35.38012407870967,
          "cagr_3y_pct": 13.320422395285792
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        {
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          "export_value_usd": 7283960.496407005,
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          "cagr_3y_pct": 15.720330872858668
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        {
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          "export_value_usd": 3758096.092941358,
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          "cagr_3y_pct": -22.690684847165464
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        {
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      ],
      "routeHistoryScope": "Broader Honduras to Portugal route exports, not only HS 870899."
    },
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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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