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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": 63.68106023965034,
      "exporter_name": "Honduras",
      "importer_name": "Portugal",
      "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": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$22.4B",
        "year": 2024,
        "annualChange": "+15.3%"
      },
      "exporterPosition": {
        "exporter": "Honduras",
        "routeExports": "$18.9K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "86/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$22.4B",
      "projectionThreeYears": "$43.7B",
      "supplierCount": "51",
      "averageImports": "$2.1B",
      "historicalPeak": "$22.4B",
      "fullHistoryGrowth": "+39.1%",
      "latestAnnualChange": "+15.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "Mexico",
        "iso3": "MEX",
        "share": "36.6%"
      },
      "marketConcentrationHhi": "2,446",
      "exporterShare": "0.0%",
      "shareGap": "36.6%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "3,234 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "4.2 days",
      "sharedSpokenLanguageScore": "0.2"
    },
    "economy": {
      "gdpPerPerson": "$69.3K",
      "gdpPerPersonGrowth": "+7.6%",
      "populationThousands": "331,894",
      "gdp": "$23.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "21.9%",
      "savingsRate": "17.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 18868.018191905045,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 1353456733.0608706,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 1805927039.655262,
          "yoy_growth_pct": 33.43071821521182,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 2319891950.978974,
          "yoy_growth_pct": 28.45989345293949,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 2567211867.8959136,
          "yoy_growth_pct": 10.660837752058793,
          "cagr_3y_pct": 23.786260945581116
        },
        {
          "year": 1999,
          "export_value_usd": 2706867301.6707525,
          "yoy_growth_pct": 5.439965260416946,
          "cagr_3y_pct": 14.442917764839436
        },
        {
          "year": 2000,
          "export_value_usd": 3001328693.6607943,
          "yoy_growth_pct": 10.87830909953702,
          "cagr_3y_pct": 8.96372313693805
        },
        {
          "year": 2001,
          "export_value_usd": 2949238638.2067533,
          "yoy_growth_pct": -1.735566503064534,
          "cagr_3y_pct": 4.732804818982683
        },
        {
          "year": 2002,
          "export_value_usd": 3094611176.169189,
          "yoy_growth_pct": 4.9291548021637155,
          "cagr_3y_pct": 4.56340277232079
        },
        {
          "year": 2003,
          "export_value_usd": 3148643834.462656,
          "yoy_growth_pct": 1.7460241438264967,
          "cagr_3y_pct": 1.6100485817035937
        },
        {
          "year": 2004,
          "export_value_usd": 3499976797.1671295,
          "yoy_growth_pct": 11.15823132673981,
          "cagr_3y_pct": 5.872966861048945
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        {
          "year": 2005,
          "export_value_usd": 3525830751.299708,
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          "cagr_3y_pct": 4.444391464387265
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        {
          "year": 2006,
          "export_value_usd": 3581435597.2468038,
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          "cagr_3y_pct": 4.3865480593761275
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        {
          "year": 2007,
          "export_value_usd": 3789072720.546185,
          "yoy_growth_pct": 5.797594781796445,
          "cagr_3y_pct": 2.680803482986849
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        {
          "year": 2008,
          "export_value_usd": 3778782377.823013,
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          "cagr_3y_pct": 2.3364011297539733
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          "year": 2009,
          "export_value_usd": 3175788362.051458,
          "yoy_growth_pct": -15.957362861392,
          "cagr_3y_pct": -3.9277115731431778
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          "export_value_usd": 3651936736.652911,
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          "cagr_3y_pct": -1.221270701626087
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          "year": 2011,
          "export_value_usd": 4048846372.218764,
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          "year": 2012,
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          "cagr_3y_pct": 12.03574422876601
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        {
          "year": 2013,
          "export_value_usd": 4149277533.0805335,
          "yoy_growth_pct": -7.092425699341087,
          "cagr_3y_pct": 4.347747748408781
        },
        {
          "year": 2014,
          "export_value_usd": 4413692596.36761,
          "yoy_growth_pct": 6.372556696412834,
          "cagr_3y_pct": 2.917744844610315
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        {
          "year": 2015,
          "export_value_usd": 4437172449.400802,
          "yoy_growth_pct": 0.5319775340157484,
          "cagr_3y_pct": -0.21583023572827598
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        {
          "year": 2016,
          "export_value_usd": 4228365692.074723,
          "yoy_growth_pct": -4.7058517492209795,
          "cagr_3y_pct": 0.6313622927175855
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        {
          "year": 2017,
          "export_value_usd": 4135627594.536174,
          "yoy_growth_pct": -2.193237394588865,
          "cagr_3y_pct": -2.145730155354031
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        {
          "year": 2018,
          "export_value_usd": 4087648867.5429287,
          "yoy_growth_pct": -1.160131706651557,
          "cagr_3y_pct": -2.697852620928698
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        {
          "year": 2019,
          "export_value_usd": 4012797164.601769,
          "yoy_growth_pct": -1.83116763123915,
          "cagr_3y_pct": -1.7291100275010463
        },
        {
          "year": 2020,
          "export_value_usd": 3579882830.411565,
          "yoy_growth_pct": -10.788343303496294,
          "cagr_3y_pct": -4.696438770083889
        },
        {
          "year": 2021,
          "export_value_usd": 4798544811.205057,
          "yoy_growth_pct": 34.04195160916448,
          "cagr_3y_pct": 5.490169654320964
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        {
          "year": 2022,
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          "yoy_growth_pct": 12.242631959486761,
          "cagr_3y_pct": 10.307928659870935
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        {
          "year": 2023,
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          "cagr_3y_pct": 12.845478721947433
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        {
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      ],
      "routeHistoryScope": "Broader Honduras to USA, Puerto Rico and US Virgin Islands route exports, not only HS 870380."
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        "exporter_name": "Honduras",
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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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