{
  "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/isl-est-271600",
  "seo": {
    "title": "Iceland to Estonia new corridor | HS 271600 | Yugalinks",
    "description": "Reported new-corridor signal for Iceland to Estonia in electrical energy (HS 271600), 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": "ISL-EST-HS 271600",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/isl-est-271600"
    }
  ],
  "exporter": {
    "iso3": "ISL",
    "country_name": "Iceland"
  },
  "importer": {
    "iso3": "EST",
    "country_name": "Estonia"
  },
  "hsCode": "271600",
  "product": "Electrical energy",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "ISL",
    "importer_iso3": "EST",
    "hs_code": "271600",
    "your_market_share_pct": 0.43830393013416025,
    "your_share_change_pp": 0.43830393013416025,
    "market_imports_usd": 593210227.0096563,
    "market_yoy_growth_pct": -1.5013677789910251,
    "market_cagr_3y_pct": -7.405881,
    "top_supplier_iso3": "FIN",
    "top_supplier_share_pct": 67.32952854856802,
    "your_share_gap_pp": 66.89122461843387,
    "num_suppliers": 31,
    "market_hhi": 4809.524449559732,
    "volatility_mean_usd": 2600063.7389410976,
    "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": "ISL",
    "importer_iso3": "EST",
    "hs_code": "271600",
    "hs_description": "Electrical energy",
    "hs_chapter": "27",
    "hs_heading": "2716",
    "price_range_label": "Unclassified",
    "trade_type_label": "Two-way trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 593210227.0096562,
    "buyer_imports_avg_usd": 169514530.81763953,
    "buyer_imports_peak_usd": 1224836841.2353766,
    "buyer_cagr_full_pct": 17.6754,
    "buyer_yoy_avg_pct": 37.0775,
    "buyer_yoy_latest_pct": -1.5014,
    "buyer_trend_consistency_pct": 65.5172,
    "buyer_imports_proj_3y_usd": 966641898.88,
    "buyer_imports_proj_5y_usd": 1338557215.73,
    "buyer_gdp_mn_latest": 36262.924354,
    "buyer_gdp_pc_latest": 27281,
    "buyer_population_latest": 1329.254,
    "buyer_investment_rate": 30.8,
    "buyer_savings_rate": 31.15,
    "buyer_edu_secondary": 97.93,
    "buyer_gdp_mn_2030_proj": 40926.29,
    "buyer_gdp_pc_2030_proj": 31558.21,
    "buyer_gdp_pc_growth_pct": 15.68,
    "buyer_gdp_mn_growth_pct": 12.86,
    "buyer_pop_growth_pct": -2.44,
    "exports_latest_usd": 2600063.7389410976,
    "exports_avg_usd": 2600063.7389410976,
    "exports_peak_usd": 2600063.7389410976,
    "share_latest_pct": 0.43830393013416036,
    "share_avg_pct": 0.43830393013416036,
    "share_peak_pct": 0.43830393013416036,
    "share_change_1y_pp": 0.43830393013416036,
    "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": 66.8912,
    "addressable_proj_3y_usd": 646598603.84,
    "addressable_proj_5y_usd": 895377313.82,
    "peer_best_share_pct": 67.32952854856804,
    "peer_top_exporter": "FIN",
    "num_suppliers_latest": 31,
    "buyer_herfindahl_index": 4809.52,
    "distance_km": 2454.359375,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.40939998626708984,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 3.5,
    "shared_legal_system": 0,
    "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": {
    "exporter_iso3": "ISL",
    "importer_iso3": "EST",
    "hs_code": "271600",
    "hs_description": "Electrical energy",
    "hs_chapter": "27",
    "hs_heading": "2716",
    "price_range_label": "Unclassified",
    "trade_type_label": "Two-way trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 593210227.0096562,
    "buyer_imports_avg_usd": 169514530.81763953,
    "buyer_imports_peak_usd": 1224836841.2353766,
    "buyer_cagr_full_pct": 17.6754,
    "buyer_yoy_avg_pct": 37.0775,
    "buyer_yoy_latest_pct": -1.5014,
    "buyer_trend_consistency_pct": 65.5172,
    "buyer_imports_proj_3y_usd": 966641898.88,
    "buyer_imports_proj_5y_usd": 1338557215.73,
    "buyer_gdp_mn_latest": 36262.924354,
    "buyer_gdp_pc_latest": 27281,
    "buyer_population_latest": 1329.254,
    "buyer_investment_rate": 30.8,
    "buyer_savings_rate": 31.15,
    "buyer_edu_secondary": 97.93,
    "buyer_gdp_mn_2030_proj": 40926.29,
    "buyer_gdp_pc_2030_proj": 31558.21,
    "buyer_gdp_pc_growth_pct": 15.68,
    "buyer_gdp_mn_growth_pct": 12.86,
    "buyer_pop_growth_pct": -2.44,
    "exports_latest_usd": 2600063.7389410976,
    "exports_avg_usd": 2600063.7389410976,
    "exports_peak_usd": 2600063.7389410976,
    "share_latest_pct": 0.43830393013416036,
    "share_avg_pct": 0.43830393013416036,
    "share_peak_pct": 0.43830393013416036,
    "share_change_1y_pp": 0.43830393013416036,
    "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": 66.8912,
    "addressable_proj_3y_usd": 646598603.84,
    "addressable_proj_5y_usd": 895377313.82,
    "peer_best_share_pct": 67.32952854856804,
    "peer_top_exporter": "FIN",
    "num_suppliers_latest": 31,
    "buyer_herfindahl_index": 4809.52,
    "distance_km": 2454.359375,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.40939998626708984,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 3.5,
    "shared_legal_system": 0,
    "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_data_year": 2024,
    "avg_applied_tariff_pct": 0.7207808858689655,
    "avg_mfn_tariff_pct": 2.920070348183908,
    "avg_preferential_tariff_pct": 0.7390807905987354,
    "tariff_advantage_pp": 2.1809895575851725,
    "rta_coverage_ratio": 1,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 6.235608076538068,
    "buyer_gdp_pc_5y_cagr_pct": 5.522533158466936,
    "buyer_population_5y_cagr_pct": 0.6757560652948857,
    "buyer_investment_5y_avg_pct": 30.938,
    "buyer_savings_5y_avg_pct": 31.318,
    "current_below_peak_usd": 0,
    "current_below_peak_pct": 0,
    "latest_vs_historical_avg_pct": 0,
    "share_change_all_pp": 0,
    "volatility_label": "Stable",
    "drawdown_label": "Near historical peak",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand softened recently",
    "access_label": "Reported FTA available",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "concentrated_buyer_market",
      "dominant_supplier",
      "limited_history"
    ],
    "risk_driver_count": 3,
    "attention_level": "High attention",
    "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
    "lane_access_data_available": true
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 2600063.7389410976,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 546906.2668254941,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 1122935.8923065031,
      "yoy_growth_pct": 105.32510969833294,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 1972384.9045321522,
      "yoy_growth_pct": 75.64537014494088,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 1792510.491491476,
      "yoy_growth_pct": -9.119640523883554,
      "cagr_3y_pct": 48.5421146101926
    },
    {
      "year": 1999,
      "export_value_usd": 3228144.2553696404,
      "yoy_growth_pct": 80.0906756581174,
      "cagr_3y_pct": 42.18899680099286
    },
    {
      "year": 2000,
      "export_value_usd": 3377740.727009645,
      "yoy_growth_pct": 4.634132176440642,
      "cagr_3y_pct": 19.640498370591743
    },
    {
      "year": 2001,
      "export_value_usd": 1882904.5354624158,
      "yoy_growth_pct": -44.25550426632733,
      "cagr_3y_pct": 1.6534677321552893
    },
    {
      "year": 2002,
      "export_value_usd": 1238162.126239452,
      "yoy_growth_pct": -34.24190643125854,
      "cagr_3y_pct": -27.34343520419952
    },
    {
      "year": 2003,
      "export_value_usd": 2520324.457365381,
      "yoy_growth_pct": 103.55367071516835,
      "cagr_3y_pct": -9.299423426709497
    },
    {
      "year": 2004,
      "export_value_usd": 1307709.9798052788,
      "yoy_growth_pct": -48.11342738100108,
      "cagr_3y_pct": -11.44201787702227
    },
    {
      "year": 2005,
      "export_value_usd": 691170.6499414857,
      "yoy_growth_pct": -47.14648808871193,
      "cagr_3y_pct": -17.66156828216584
    },
    {
      "year": 2006,
      "export_value_usd": 1527384.1418613745,
      "yoy_growth_pct": 120.98509854124772,
      "cagr_3y_pct": -15.37527421030429
    },
    {
      "year": 2007,
      "export_value_usd": 1538929.6804291692,
      "yoy_growth_pct": 0.7559027392889162,
      "cagr_3y_pct": 5.576950238688427
    },
    {
      "year": 2008,
      "export_value_usd": 2585780.802847502,
      "yoy_growth_pct": 68.02462358945418,
      "cagr_3y_pct": 55.23946582363188
    },
    {
      "year": 2009,
      "export_value_usd": 2316126.7194781457,
      "yoy_growth_pct": -10.428342691399395,
      "cagr_3y_pct": 14.887121023056316
    },
    {
      "year": 2010,
      "export_value_usd": 6522913.489183699,
      "yoy_growth_pct": 181.6302508117258,
      "cagr_3y_pct": 61.8356814974871
    },
    {
      "year": 2011,
      "export_value_usd": 6741450.041820862,
      "yoy_growth_pct": 3.3502905258446347,
      "cagr_3y_pct": 37.632353987095236
    },
    {
      "year": 2012,
      "export_value_usd": 3991692.425591901,
      "yoy_growth_pct": -40.78881545024775,
      "cagr_3y_pct": 19.894221224354535
    },
    {
      "year": 2013,
      "export_value_usd": 5068145.197614132,
      "yoy_growth_pct": 26.967327570650966,
      "cagr_3y_pct": -8.067484577786932
    },
    {
      "year": 2014,
      "export_value_usd": 5265457.251023094,
      "yoy_growth_pct": 3.8931807538159724,
      "cagr_3y_pct": -7.906794403161466
    },
    {
      "year": 2015,
      "export_value_usd": 2789972.3046780904,
      "yoy_growth_pct": -47.013674754723525,
      "cagr_3y_pct": -11.254241135148458
    },
    {
      "year": 2016,
      "export_value_usd": 2756967.3896615235,
      "yoy_growth_pct": -1.1829836074439104,
      "cagr_3y_pct": -18.367920437927722
    },
    {
      "year": 2017,
      "export_value_usd": 2351308.4904050166,
      "yoy_growth_pct": -14.71395348300838,
      "cagr_3y_pct": -23.56519294416366
    },
    {
      "year": 2018,
      "export_value_usd": 2299640.7456542263,
      "yoy_growth_pct": -2.197403911976281,
      "cagr_3y_pct": -6.23947417600017
    },
    {
      "year": 2019,
      "export_value_usd": 2495998.145842587,
      "yoy_growth_pct": 8.538611979259358,
      "cagr_3y_pct": -3.2604172819241994
    },
    {
      "year": 2020,
      "export_value_usd": 4685682.142025859,
      "yoy_growth_pct": 87.72778937478292,
      "cagr_3y_pct": 25.840684171552475
    },
    {
      "year": 2021,
      "export_value_usd": 5977652.22604802,
      "yoy_growth_pct": 27.572721427996317,
      "cagr_3y_pct": 37.496048306076716
    },
    {
      "year": 2022,
      "export_value_usd": 3588107.109708418,
      "yoy_growth_pct": -39.974642651959556,
      "cagr_3y_pct": 12.860086851108798
    },
    {
      "year": 2023,
      "export_value_usd": 2891413.4052538453,
      "yoy_growth_pct": -19.416747693220028,
      "cagr_3y_pct": -14.86415414834652
    },
    {
      "year": 2024,
      "export_value_usd": 5265384.830558055,
      "yoy_growth_pct": 82.10418548211,
      "cagr_3y_pct": -4.140941807893473
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "BEL",
      "hs_code": "870380",
      "your_market_share_pct": 0.0002210315054087037,
      "your_share_change_pp": 0.0002210315054087037,
      "market_imports_usd": 10110590805.204638,
      "market_yoy_growth_pct": 12.685147729846346,
      "market_cagr_3y_pct": 41.816719,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 36.73517122958152,
      "your_share_gap_pp": 36.734950198076106,
      "num_suppliers": 40,
      "market_hhi": 2623.0654426097967,
      "volatility_mean_usd": 22347.59106245779,
      "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": 86.98500297612641,
      "exporter_name": "Iceland",
      "importer_name": "Belgium",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "MYS",
      "hs_code": "847150",
      "your_market_share_pct": 0.000029899987040448923,
      "your_share_change_pp": 0.000029899987040448923,
      "market_imports_usd": 5513073225.224837,
      "market_yoy_growth_pct": 257.60844254789714,
      "market_cagr_3y_pct": 125.281463,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 39.3864360890855,
      "your_share_gap_pp": 39.38640618909846,
      "num_suppliers": 60,
      "market_hhi": 2466.9700642412013,
      "volatility_mean_usd": 1648.4081798726859,
      "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": 64.34656288038511,
      "exporter_name": "Iceland",
      "importer_name": "Malaysia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "PAN",
      "hs_code": "999999",
      "your_market_share_pct": 0.02958793778833802,
      "your_share_change_pp": 0.02958793778833802,
      "market_imports_usd": 5364442144.540482,
      "market_yoy_growth_pct": 7.108343924578864,
      "market_cagr_3y_pct": 13.100523,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 97.86337490439526,
      "your_share_gap_pp": 97.83378696660692,
      "num_suppliers": 10,
      "market_hhi": 9578.666737786909,
      "volatility_mean_usd": 1587227.8044180237,
      "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": "Iceland",
      "importer_name": "PAN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "USA",
      "hs_code": "391810",
      "your_market_share_pct": 9.58911998365655e-8,
      "your_share_change_pp": 9.58911998365655e-8,
      "market_imports_usd": 4044036024.1271496,
      "market_yoy_growth_pct": 2.965984508563735,
      "market_cagr_3y_pct": -5.506948,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 37.388377176425976,
      "your_share_gap_pp": 37.388377080534774,
      "num_suppliers": 67,
      "market_hhi": 2666.478716761454,
      "volatility_mean_usd": 3.8778746653584633,
      "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": 13.764612742668183,
      "exporter_name": "Iceland",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "IDN",
      "hs_code": "851712",
      "your_market_share_pct": 0.0000013848952344815117,
      "your_share_change_pp": 0.0000013848952344815117,
      "market_imports_usd": 3561108167.8968635,
      "market_yoy_growth_pct": 9.952096845657255,
      "market_cagr_3y_pct": 17.597389,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 59.63319753433974,
      "your_share_gap_pp": 59.63319614944451,
      "num_suppliers": 63,
      "market_hhi": 4823.335751204433,
      "volatility_mean_usd": 49.317617311935535,
      "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": 34.03440135590711,
      "exporter_name": "Iceland",
      "importer_name": "Indonesia + Timor-Leste",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "SGP",
      "hs_code": "880240",
      "your_market_share_pct": 0.004903846314586169,
      "your_share_change_pp": 0.004903846314586169,
      "market_imports_usd": 2524596984.8579307,
      "market_yoy_growth_pct": -39.77465806608653,
      "market_cagr_3y_pct": 48.542009,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 75.918295180816,
      "your_share_gap_pp": 75.91339133450141,
      "num_suppliers": 17,
      "market_hhi": 6055.0093447871595,
      "volatility_mean_usd": 123802.35620010918,
      "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": "Iceland",
      "importer_name": "SGP",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "KOR",
      "hs_code": "854430",
      "your_market_share_pct": 0.00002484166498962263,
      "your_share_change_pp": 0.00002484166498962263,
      "market_imports_usd": 2495901716.3011627,
      "market_yoy_growth_pct": -1.4216451706033029,
      "market_cagr_3y_pct": 9.396064,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 57.50069697559898,
      "your_share_gap_pp": 57.50067213393399,
      "num_suppliers": 72,
      "market_hhi": 4129.347246070996,
      "volatility_mean_usd": 620.0235428337763,
      "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": 55.862161289489435,
      "exporter_name": "Iceland",
      "importer_name": "KOR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "MMR",
      "hs_code": "271019",
      "your_market_share_pct": 0.0011452774314866074,
      "your_share_change_pp": 0.0011452774314866074,
      "market_imports_usd": 2228385044.7370386,
      "market_yoy_growth_pct": -16.493277272088026,
      "market_cagr_3y_pct": 11.266722,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 66.49951641646045,
      "your_share_gap_pp": 66.49837113902896,
      "num_suppliers": 43,
      "market_hhi": 4784.869840716446,
      "volatility_mean_usd": 25521.191003996042,
      "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": 88.13835909071656,
      "exporter_name": "Iceland",
      "importer_name": "MMR",
      "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": "Estonia",
        "imports": "$593.2M",
        "year": 2024,
        "annualChange": "-1.5%"
      },
      "exporterPosition": {
        "exporter": "Iceland",
        "routeExports": "$2.6M",
        "currentShare": "0.4%"
      }
    },
    "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": "$593.2M",
      "projectionThreeYears": "$966.6M",
      "supplierCount": "31",
      "averageImports": "$169.5M",
      "historicalPeak": "$1.2B",
      "fullHistoryGrowth": "+17.7%",
      "latestAnnualChange": "-1.5%"
    },
    "competition": {
      "topSupplier": {
        "country": "Finland",
        "iso3": "FIN",
        "share": "67.3%"
      },
      "marketConcentrationHhi": "4,810",
      "exporterShare": "0.4%",
      "shareGap": "66.9%"
    },
    "access": {
      "appliedTariff": "0.7%",
      "mfnTariff": "2.9%",
      "preferentialTariff": "0.7%",
      "distance": "2,454 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "3.5 days",
      "sharedSpokenLanguageScore": "0.4"
    },
    "economy": {
      "gdpPerPerson": "$27.3K",
      "gdpPerPersonGrowth": "+15.7%",
      "populationThousands": "1,329",
      "gdp": "$36.3B",
      "gdpFiveYearCagr": "+6.2%",
      "investmentRate": "30.8%",
      "savingsRate": "31.1%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 2600063.7389410976,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 546906.2668254941,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 1122935.8923065031,
          "yoy_growth_pct": 105.32510969833294,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 1972384.9045321522,
          "yoy_growth_pct": 75.64537014494088,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 1792510.491491476,
          "yoy_growth_pct": -9.119640523883554,
          "cagr_3y_pct": 48.5421146101926
        },
        {
          "year": 1999,
          "export_value_usd": 3228144.2553696404,
          "yoy_growth_pct": 80.0906756581174,
          "cagr_3y_pct": 42.18899680099286
        },
        {
          "year": 2000,
          "export_value_usd": 3377740.727009645,
          "yoy_growth_pct": 4.634132176440642,
          "cagr_3y_pct": 19.640498370591743
        },
        {
          "year": 2001,
          "export_value_usd": 1882904.5354624158,
          "yoy_growth_pct": -44.25550426632733,
          "cagr_3y_pct": 1.6534677321552893
        },
        {
          "year": 2002,
          "export_value_usd": 1238162.126239452,
          "yoy_growth_pct": -34.24190643125854,
          "cagr_3y_pct": -27.34343520419952
        },
        {
          "year": 2003,
          "export_value_usd": 2520324.457365381,
          "yoy_growth_pct": 103.55367071516835,
          "cagr_3y_pct": -9.299423426709497
        },
        {
          "year": 2004,
          "export_value_usd": 1307709.9798052788,
          "yoy_growth_pct": -48.11342738100108,
          "cagr_3y_pct": -11.44201787702227
        },
        {
          "year": 2005,
          "export_value_usd": 691170.6499414857,
          "yoy_growth_pct": -47.14648808871193,
          "cagr_3y_pct": -17.66156828216584
        },
        {
          "year": 2006,
          "export_value_usd": 1527384.1418613745,
          "yoy_growth_pct": 120.98509854124772,
          "cagr_3y_pct": -15.37527421030429
        },
        {
          "year": 2007,
          "export_value_usd": 1538929.6804291692,
          "yoy_growth_pct": 0.7559027392889162,
          "cagr_3y_pct": 5.576950238688427
        },
        {
          "year": 2008,
          "export_value_usd": 2585780.802847502,
          "yoy_growth_pct": 68.02462358945418,
          "cagr_3y_pct": 55.23946582363188
        },
        {
          "year": 2009,
          "export_value_usd": 2316126.7194781457,
          "yoy_growth_pct": -10.428342691399395,
          "cagr_3y_pct": 14.887121023056316
        },
        {
          "year": 2010,
          "export_value_usd": 6522913.489183699,
          "yoy_growth_pct": 181.6302508117258,
          "cagr_3y_pct": 61.8356814974871
        },
        {
          "year": 2011,
          "export_value_usd": 6741450.041820862,
          "yoy_growth_pct": 3.3502905258446347,
          "cagr_3y_pct": 37.632353987095236
        },
        {
          "year": 2012,
          "export_value_usd": 3991692.425591901,
          "yoy_growth_pct": -40.78881545024775,
          "cagr_3y_pct": 19.894221224354535
        },
        {
          "year": 2013,
          "export_value_usd": 5068145.197614132,
          "yoy_growth_pct": 26.967327570650966,
          "cagr_3y_pct": -8.067484577786932
        },
        {
          "year": 2014,
          "export_value_usd": 5265457.251023094,
          "yoy_growth_pct": 3.8931807538159724,
          "cagr_3y_pct": -7.906794403161466
        },
        {
          "year": 2015,
          "export_value_usd": 2789972.3046780904,
          "yoy_growth_pct": -47.013674754723525,
          "cagr_3y_pct": -11.254241135148458
        },
        {
          "year": 2016,
          "export_value_usd": 2756967.3896615235,
          "yoy_growth_pct": -1.1829836074439104,
          "cagr_3y_pct": -18.367920437927722
        },
        {
          "year": 2017,
          "export_value_usd": 2351308.4904050166,
          "yoy_growth_pct": -14.71395348300838,
          "cagr_3y_pct": -23.56519294416366
        },
        {
          "year": 2018,
          "export_value_usd": 2299640.7456542263,
          "yoy_growth_pct": -2.197403911976281,
          "cagr_3y_pct": -6.23947417600017
        },
        {
          "year": 2019,
          "export_value_usd": 2495998.145842587,
          "yoy_growth_pct": 8.538611979259358,
          "cagr_3y_pct": -3.2604172819241994
        },
        {
          "year": 2020,
          "export_value_usd": 4685682.142025859,
          "yoy_growth_pct": 87.72778937478292,
          "cagr_3y_pct": 25.840684171552475
        },
        {
          "year": 2021,
          "export_value_usd": 5977652.22604802,
          "yoy_growth_pct": 27.572721427996317,
          "cagr_3y_pct": 37.496048306076716
        },
        {
          "year": 2022,
          "export_value_usd": 3588107.109708418,
          "yoy_growth_pct": -39.974642651959556,
          "cagr_3y_pct": 12.860086851108798
        },
        {
          "year": 2023,
          "export_value_usd": 2891413.4052538453,
          "yoy_growth_pct": -19.416747693220028,
          "cagr_3y_pct": -14.86415414834652
        },
        {
          "year": 2024,
          "export_value_usd": 5265384.830558055,
          "yoy_growth_pct": 82.10418548211,
          "cagr_3y_pct": -4.140941807893473
        }
      ],
      "routeHistoryScope": "Broader Iceland to Estonia route exports, not only HS 271600."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "BEL",
        "hs_code": "870380",
        "your_market_share_pct": 0.0002210315054087037,
        "your_share_change_pp": 0.0002210315054087037,
        "market_imports_usd": 10110590805.204638,
        "market_yoy_growth_pct": 12.685147729846346,
        "market_cagr_3y_pct": 41.816719,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 36.73517122958152,
        "your_share_gap_pp": 36.734950198076106,
        "num_suppliers": 40,
        "market_hhi": 2623.0654426097967,
        "volatility_mean_usd": 22347.59106245779,
        "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": 86.98500297612641,
        "exporter_name": "Iceland",
        "importer_name": "Belgium",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-bel-870380"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "MYS",
        "hs_code": "847150",
        "your_market_share_pct": 0.000029899987040448923,
        "your_share_change_pp": 0.000029899987040448923,
        "market_imports_usd": 5513073225.224837,
        "market_yoy_growth_pct": 257.60844254789714,
        "market_cagr_3y_pct": 125.281463,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 39.3864360890855,
        "your_share_gap_pp": 39.38640618909846,
        "num_suppliers": 60,
        "market_hhi": 2466.9700642412013,
        "volatility_mean_usd": 1648.4081798726859,
        "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": 64.34656288038511,
        "exporter_name": "Iceland",
        "importer_name": "Malaysia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-mys-847150"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "PAN",
        "hs_code": "999999",
        "your_market_share_pct": 0.02958793778833802,
        "your_share_change_pp": 0.02958793778833802,
        "market_imports_usd": 5364442144.540482,
        "market_yoy_growth_pct": 7.108343924578864,
        "market_cagr_3y_pct": 13.100523,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 97.86337490439526,
        "your_share_gap_pp": 97.83378696660692,
        "num_suppliers": 10,
        "market_hhi": 9578.666737786909,
        "volatility_mean_usd": 1587227.8044180237,
        "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": "Iceland",
        "importer_name": "PAN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-pan-999999"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "USA",
        "hs_code": "391810",
        "your_market_share_pct": 9.58911998365655e-8,
        "your_share_change_pp": 9.58911998365655e-8,
        "market_imports_usd": 4044036024.1271496,
        "market_yoy_growth_pct": 2.965984508563735,
        "market_cagr_3y_pct": -5.506948,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 37.388377176425976,
        "your_share_gap_pp": 37.388377080534774,
        "num_suppliers": 67,
        "market_hhi": 2666.478716761454,
        "volatility_mean_usd": 3.8778746653584633,
        "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": 13.764612742668183,
        "exporter_name": "Iceland",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-usa-391810"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "IDN",
        "hs_code": "851712",
        "your_market_share_pct": 0.0000013848952344815117,
        "your_share_change_pp": 0.0000013848952344815117,
        "market_imports_usd": 3561108167.8968635,
        "market_yoy_growth_pct": 9.952096845657255,
        "market_cagr_3y_pct": 17.597389,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 59.63319753433974,
        "your_share_gap_pp": 59.63319614944451,
        "num_suppliers": 63,
        "market_hhi": 4823.335751204433,
        "volatility_mean_usd": 49.317617311935535,
        "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": 34.03440135590711,
        "exporter_name": "Iceland",
        "importer_name": "Indonesia + Timor-Leste",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-idn-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "SGP",
        "hs_code": "880240",
        "your_market_share_pct": 0.004903846314586169,
        "your_share_change_pp": 0.004903846314586169,
        "market_imports_usd": 2524596984.8579307,
        "market_yoy_growth_pct": -39.77465806608653,
        "market_cagr_3y_pct": 48.542009,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 75.918295180816,
        "your_share_gap_pp": 75.91339133450141,
        "num_suppliers": 17,
        "market_hhi": 6055.0093447871595,
        "volatility_mean_usd": 123802.35620010918,
        "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": "Iceland",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-sgp-880240"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "KOR",
        "hs_code": "854430",
        "your_market_share_pct": 0.00002484166498962263,
        "your_share_change_pp": 0.00002484166498962263,
        "market_imports_usd": 2495901716.3011627,
        "market_yoy_growth_pct": -1.4216451706033029,
        "market_cagr_3y_pct": 9.396064,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 57.50069697559898,
        "your_share_gap_pp": 57.50067213393399,
        "num_suppliers": 72,
        "market_hhi": 4129.347246070996,
        "volatility_mean_usd": 620.0235428337763,
        "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": 55.862161289489435,
        "exporter_name": "Iceland",
        "importer_name": "KOR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-kor-854430"
      },
      {
        "year": 2024,
        "exporter_iso3": "ISL",
        "importer_iso3": "MMR",
        "hs_code": "271019",
        "your_market_share_pct": 0.0011452774314866074,
        "your_share_change_pp": 0.0011452774314866074,
        "market_imports_usd": 2228385044.7370386,
        "market_yoy_growth_pct": -16.493277272088026,
        "market_cagr_3y_pct": 11.266722,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 66.49951641646045,
        "your_share_gap_pp": 66.49837113902896,
        "num_suppliers": 43,
        "market_hhi": 4784.869840716446,
        "volatility_mean_usd": 25521.191003996042,
        "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": 88.13835909071656,
        "exporter_name": "Iceland",
        "importer_name": "MMR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/isl-mmr-271019"
      }
    ],
    "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/271600",
    "workspace": "https://www.yugalinks.com/app?hs=271600",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/isl-est-271600/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/isl-est-271600/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/isl-est-271600/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": "2026-09-02T11:43:31.404Z"
}