{ "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/mar-mex-870423", "seo": { "title": "Morocco to Mexico new corridor | HS 870423 | Yugalinks", "description": "Reported new-corridor signal for Morocco to Mexico in vehicles (HS 870423), 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": "MAR-MEX-HS 870423", "url": "https://www.yugalinks.com/trade/signal/new-corridor/mar-mex-870423" } ], "exporter": { "iso3": "MAR", "country_name": "Morocco" }, "importer": { "iso3": "MEX", "country_name": "Mexico" }, "hsCode": "870423", "product": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "MEX", "hs_code": "870423", "your_market_share_pct": 0.00003761033220374058, "your_share_change_pp": 0.00003761033220374058, "market_imports_usd": 286581901.65200657, "market_yoy_growth_pct": 25.971421357816737, "market_cagr_3y_pct": 75.236152, "top_supplier_iso3": "USA", "top_supplier_share_pct": 63.98781751178071, "your_share_gap_pp": 63.987779901448505, "num_suppliers": 29, "market_hhi": 4426.2245776763075, "volatility_mean_usd": 107.78440524711678, "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": 40.731332833612555 }, "market": { "exporter_iso3": "MAR", "importer_iso3": "MEX", "hs_code": "870423", "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1", "hs_chapter": "87", "hs_heading": "8704", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -15.220278, "buyer_imports_latest_usd": 286581901.6520065, "buyer_imports_avg_usd": 51693162.98851256, "buyer_imports_peak_usd": 286581901.6520065, "buyer_cagr_full_pct": 15.3161, "buyer_yoy_avg_pct": 34.6735, "buyer_yoy_latest_pct": 25.9714, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 439459274.7, "buyer_imports_proj_5y_usd": 584384315.04, "buyer_gdp_mn_latest": 1293037.8663599999, "buyer_gdp_pc_latest": 9926, "buyer_population_latest": 130262.222, "buyer_investment_rate": 23.54, "buyer_savings_rate": 22.5, "buyer_edu_secondary": 77.44, "buyer_gdp_mn_2030_proj": 1478071.34, "buyer_gdp_pc_2030_proj": 10798.62, "buyer_gdp_pc_growth_pct": 8.79, "buyer_gdp_mn_growth_pct": 14.31, "buyer_pop_growth_pct": 5.07, "exports_latest_usd": 107.78440524711678, "exports_avg_usd": 107.78440524711678, "exports_peak_usd": 107.78440524711678, "share_latest_pct": 0.000037610332203740584, "share_avg_pct": 0.000037610332203740584, "share_peak_pct": 0.000037610332203740584, "share_change_1y_pp": 0.000037610332203740584, "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": 63.9878, "addressable_proj_3y_usd": 281200233.45, "addressable_proj_5y_usd": 373934549.29, "peer_best_share_pct": 63.98781751178072, "peer_top_exporter": "USA", "num_suppliers_latest": 29, "buyer_herfindahl_index": 4426.22, "distance_km": 9027.9638671875, "shares_official_language": 0, "common_spoken_language_score": 0.21780000627040863, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 8.4, "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": "MAR", "importer_iso3": "MEX", "hs_code": "870423" }, "productHistory": [ { "year": 2024, "export_value_usd": 107.78440524711678, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 51596672.57254824, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 78185979.49606077, "yoy_growth_pct": 51.5329876866115, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 79459791.37809338, "yoy_growth_pct": 1.6292075513318682, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 87509957.13084452, "yoy_growth_pct": 10.131118661570682, "cagr_3y_pct": 19.255547875528343 }, { "year": 1999, "export_value_usd": 73980043.20203127, "yoy_growth_pct": -15.460999379285923, "cagr_3y_pct": -1.826283276303764 }, { "year": 2000, "export_value_usd": 72723064.85143733, "yoy_growth_pct": -1.6990776109190309, "cagr_3y_pct": -2.9099068636542436 }, { "year": 2001, "export_value_usd": 80795030.71672614, "yoy_growth_pct": 11.099595268404405, "cagr_3y_pct": -2.626138458795202 }, { "year": 2002, "export_value_usd": 67945245.4700694, "yoy_growth_pct": -15.9041776860128, "cagr_3y_pct": -2.7965908013961926 }, { "year": 2003, "export_value_usd": 60573559.05508668, "yoy_growth_pct": -10.849451442823943, "cagr_3y_pct": -5.911407304813543 }, { "year": 2004, "export_value_usd": 98124713.9797983, "yoy_growth_pct": 61.99265077120848, "cagr_3y_pct": 6.691851336212862 }, { "year": 2005, "export_value_usd": 118744528.58306327, "yoy_growth_pct": 21.01388505194537, "cagr_3y_pct": 20.45315464298676 }, { "year": 2006, "export_value_usd": 103959494.33854628, "yoy_growth_pct": -12.451128840159297, "cagr_3y_pct": 19.727437881322697 }, { "year": 2007, "export_value_usd": 116484398.3063109, "yoy_growth_pct": 12.04786926625192, "cagr_3y_pct": 5.883864992827181 }, { "year": 2008, "export_value_usd": 205798515.12702692, "yoy_growth_pct": 76.67474624872328, "cagr_3y_pct": 20.11840121757733 }, { "year": 2009, "export_value_usd": 66872799.017276905, "yoy_growth_pct": -67.50569411251564, "cagr_3y_pct": -13.676617854663476 }, { "year": 2010, "export_value_usd": 147424984.18193296, "yoy_growth_pct": 120.45583009594831, "cagr_3y_pct": 8.168575327854555 }, { "year": 2011, "export_value_usd": 141282534.56062576, "yoy_growth_pct": -4.166491626498647, "cagr_3y_pct": -11.783718619212703 }, { "year": 2012, "export_value_usd": 161889369.2366416, "yoy_growth_pct": 14.58554996914585, "cagr_3y_pct": 34.27328369921685 }, { "year": 2013, "export_value_usd": 160344935.76318893, "yoy_growth_pct": -0.9540054919820462, "cagr_3y_pct": 2.839838521690563 }, { "year": 2014, "export_value_usd": 188776113.05089682, "yoy_growth_pct": 17.73125989441755, "cagr_3y_pct": 10.141973566202566 }, { "year": 2015, "export_value_usd": 186282306.9897774, "yoy_growth_pct": -1.321038992071566, "cagr_3y_pct": 4.789497780088903 }, { "year": 2016, "export_value_usd": 157741176.0595708, "yoy_growth_pct": -15.321439481513854, "cagr_3y_pct": -0.5442396081800305 }, { "year": 2017, "export_value_usd": 241679598.53361723, "yoy_growth_pct": 53.21275304955706, "cagr_3y_pct": 8.583620212061494 }, { "year": 2018, "export_value_usd": 356957958.6388388, "yoy_growth_pct": 47.698837967569105, "cagr_3y_pct": 24.207690653652534 }, { "year": 2019, "export_value_usd": 275399863.19470954, "yoy_growth_pct": -22.84809554467666, "cagr_3y_pct": 20.4128628287094 }, { "year": 2020, "export_value_usd": 279241965.0913855, "yoy_growth_pct": 1.3950994209316558, "cagr_3y_pct": 4.933356515646414 }, { "year": 2021, "export_value_usd": 403262521.7889698, "yoy_growth_pct": 44.41329463391974, "cagr_3y_pct": 4.149437994626504 }, { "year": 2022, "export_value_usd": 495719544.6858322, "yoy_growth_pct": 22.927254059390577, "cagr_3y_pct": 21.64402281076314 }, { "year": 2023, "export_value_usd": 508479448.54938847, "yoy_growth_pct": 2.574016699632642, "cagr_3y_pct": 22.113657611827264 }, { "year": 2024, "export_value_usd": 577096892.8662182, "yoy_growth_pct": 13.494634741400958, "cagr_3y_pct": 12.690409780266098 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "BEL", "hs_code": "870340", "your_market_share_pct": 0.8071594689346996, "your_share_change_pp": 0.8071594689346996, "market_imports_usd": 6924945289.672057, "market_yoy_growth_pct": 19.00098348466188, "market_cagr_3y_pct": 17.025115, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 29.5542683919975, "your_share_gap_pp": 28.7471089230628, "num_suppliers": 34, "market_hhi": 1716.7085146091729, "volatility_mean_usd": 55895351.62413547, "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": "Morocco", "importer_name": "Belgium", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "BEL", "hs_code": "870360", "your_market_share_pct": 0.0021141205290590953, "your_share_change_pp": 0.0021141205290590953, "market_imports_usd": 3174248586.6127777, "market_yoy_growth_pct": -32.300365344105096, "market_cagr_3y_pct": 8.128891, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 25.768621060820806, "your_share_gap_pp": 25.766506940291748, "num_suppliers": 35, "market_hhi": 1232.9692665487514, "volatility_mean_usd": 67107.44101294891, "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": 96.53554299795067, "exporter_name": "Morocco", "importer_name": "Belgium", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "USA", "hs_code": "841989", "your_market_share_pct": 0.0010171295195112746, "your_share_change_pp": 0.0010171295195112746, "market_imports_usd": 2092340334.1354063, "market_yoy_growth_pct": 45.97629856866947, "market_cagr_3y_pct": 13.51214, "top_supplier_iso3": "ITA", "top_supplier_share_pct": 28.425768135365182, "your_share_gap_pp": 28.42475100584567, "num_suppliers": 90, "market_hhi": 1233.003890500252, "volatility_mean_usd": 21281.811187132054, "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": 86.56057984315945, "exporter_name": "Morocco", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "GTM", "hs_code": "271019", "your_market_share_pct": 0.01115711051880954, "your_share_change_pp": 0.01115711051880954, "market_imports_usd": 2022120633.6693265, "market_yoy_growth_pct": -3.707564420495635, "market_cagr_3y_pct": 12.674981, "top_supplier_iso3": "USA", "top_supplier_share_pct": 83.84093034173962, "your_share_gap_pp": 83.82977323122081, "num_suppliers": 68, "market_hhi": 7072.367747386202, "volatility_mean_usd": 225610.23392213855, "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": "Morocco", "importer_name": "Guatemala", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "MEX", "hs_code": "870340", "your_market_share_pct": 0.00004218339265963613, "your_share_change_pp": 0.00004218339265963613, "market_imports_usd": 1880866108.6886232, "market_yoy_growth_pct": 29.51236791756888, "market_cagr_3y_pct": 46.687031, "top_supplier_iso3": "USA", "top_supplier_share_pct": 61.82457546269191, "your_share_gap_pp": 61.82453327929925, "num_suppliers": 31, "market_hhi": 4038.6813595766507, "volatility_mean_usd": 793.4131360301403, "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": 58.00092833659033, "exporter_name": "Morocco", "importer_name": "Mexico", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "TZA", "hs_code": "271012", "your_market_share_pct": 4.5158928166780784e-7, "your_share_change_pp": 4.5158928166780784e-7, "market_imports_usd": 1731091896.3862975, "market_yoy_growth_pct": -38.23741701569252, "market_cagr_3y_pct": 16.56527, "top_supplier_iso3": "IND", "top_supplier_share_pct": 55.48239875628715, "your_share_gap_pp": 55.48239830469787, "num_suppliers": 37, "market_hhi": 4092.2389507777016, "volatility_mean_usd": 7.817425459900512, "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": 18.906835938969234, "exporter_name": "Morocco", "importer_name": "United Republic of Tanzania", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "ARG", "hs_code": "271019", "your_market_share_pct": 0.07892785553724353, "your_share_change_pp": 0.07892785553724353, "market_imports_usd": 1647225374.2924895, "market_yoy_growth_pct": -39.6392212095785, "market_cagr_3y_pct": -8.882034, "top_supplier_iso3": "USA", "top_supplier_share_pct": 43.608064167939794, "your_share_gap_pp": 43.52913631240255, "num_suppliers": 58, "market_hhi": 2294.2361912509014, "volatility_mean_usd": 1300119.6637943953, "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": "Morocco", "importer_name": "ARG", "published": true }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "KOR", "hs_code": "282590", "your_market_share_pct": 0.04012296707981257, "your_share_change_pp": 0.04012296707981257, "market_imports_usd": 1487948952.120053, "market_yoy_growth_pct": -31.695802822582486, "market_cagr_3y_pct": 2.429198, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 93.58715521742607, "your_share_gap_pp": 93.54703225034626, "num_suppliers": 39, "market_hhi": 8768.242712783931, "volatility_mean_usd": 597009.2682235449, "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": "Morocco", "importer_name": "KOR", "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": "Mexico", "imports": "$286.6M", "year": 2024, "annualChange": "+26.0%" }, "exporterPosition": { "exporter": "Morocco", "routeExports": "$107.8", "currentShare": "0.0%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "41/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$286.6M", "projectionThreeYears": "$439.5M", "supplierCount": "29", "averageImports": "$51.7M", "historicalPeak": "$286.6M", "fullHistoryGrowth": "+15.3%", "latestAnnualChange": "+26.0%" }, "competition": { "topSupplier": { "country": "USA, Puerto Rico and US Virgin Islands", "iso3": "USA", "share": "64.0%" }, "marketConcentrationHhi": "4,426", "exporterShare": "0.0%", "shareGap": "64.0%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "9,028 km", "tradeAgreement": "Not reported", "businessEntryTime": "8.4 days", "sharedSpokenLanguageScore": "0.2" }, "economy": { "gdpPerPerson": "$9.9K", "gdpPerPersonGrowth": "+8.8%", "populationThousands": "130,262", "gdp": "$1.3T", "gdpFiveYearCagr": "Not reported", "investmentRate": "23.5%", "savingsRate": "22.5%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 107.78440524711678, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 51596672.57254824, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 78185979.49606077, "yoy_growth_pct": 51.5329876866115, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 79459791.37809338, "yoy_growth_pct": 1.6292075513318682, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 87509957.13084452, "yoy_growth_pct": 10.131118661570682, "cagr_3y_pct": 19.255547875528343 }, { "year": 1999, "export_value_usd": 73980043.20203127, "yoy_growth_pct": -15.460999379285923, "cagr_3y_pct": -1.826283276303764 }, { "year": 2000, "export_value_usd": 72723064.85143733, "yoy_growth_pct": -1.6990776109190309, "cagr_3y_pct": -2.9099068636542436 }, { "year": 2001, "export_value_usd": 80795030.71672614, "yoy_growth_pct": 11.099595268404405, "cagr_3y_pct": -2.626138458795202 }, { "year": 2002, "export_value_usd": 67945245.4700694, "yoy_growth_pct": -15.9041776860128, "cagr_3y_pct": -2.7965908013961926 }, { "year": 2003, "export_value_usd": 60573559.05508668, "yoy_growth_pct": -10.849451442823943, "cagr_3y_pct": -5.911407304813543 }, { "year": 2004, "export_value_usd": 98124713.9797983, "yoy_growth_pct": 61.99265077120848, "cagr_3y_pct": 6.691851336212862 }, { "year": 2005, "export_value_usd": 118744528.58306327, "yoy_growth_pct": 21.01388505194537, "cagr_3y_pct": 20.45315464298676 }, { "year": 2006, "export_value_usd": 103959494.33854628, "yoy_growth_pct": -12.451128840159297, "cagr_3y_pct": 19.727437881322697 }, { "year": 2007, "export_value_usd": 116484398.3063109, "yoy_growth_pct": 12.04786926625192, "cagr_3y_pct": 5.883864992827181 }, { "year": 2008, "export_value_usd": 205798515.12702692, "yoy_growth_pct": 76.67474624872328, "cagr_3y_pct": 20.11840121757733 }, { "year": 2009, "export_value_usd": 66872799.017276905, "yoy_growth_pct": -67.50569411251564, "cagr_3y_pct": -13.676617854663476 }, { "year": 2010, "export_value_usd": 147424984.18193296, "yoy_growth_pct": 120.45583009594831, "cagr_3y_pct": 8.168575327854555 }, { "year": 2011, "export_value_usd": 141282534.56062576, "yoy_growth_pct": -4.166491626498647, "cagr_3y_pct": -11.783718619212703 }, { "year": 2012, "export_value_usd": 161889369.2366416, "yoy_growth_pct": 14.58554996914585, "cagr_3y_pct": 34.27328369921685 }, { "year": 2013, "export_value_usd": 160344935.76318893, "yoy_growth_pct": -0.9540054919820462, "cagr_3y_pct": 2.839838521690563 }, { "year": 2014, "export_value_usd": 188776113.05089682, "yoy_growth_pct": 17.73125989441755, "cagr_3y_pct": 10.141973566202566 }, { "year": 2015, "export_value_usd": 186282306.9897774, "yoy_growth_pct": -1.321038992071566, "cagr_3y_pct": 4.789497780088903 }, { "year": 2016, "export_value_usd": 157741176.0595708, "yoy_growth_pct": -15.321439481513854, "cagr_3y_pct": -0.5442396081800305 }, { "year": 2017, "export_value_usd": 241679598.53361723, "yoy_growth_pct": 53.21275304955706, "cagr_3y_pct": 8.583620212061494 }, { "year": 2018, "export_value_usd": 356957958.6388388, "yoy_growth_pct": 47.698837967569105, "cagr_3y_pct": 24.207690653652534 }, { "year": 2019, "export_value_usd": 275399863.19470954, "yoy_growth_pct": -22.84809554467666, "cagr_3y_pct": 20.4128628287094 }, { "year": 2020, "export_value_usd": 279241965.0913855, "yoy_growth_pct": 1.3950994209316558, "cagr_3y_pct": 4.933356515646414 }, { "year": 2021, "export_value_usd": 403262521.7889698, "yoy_growth_pct": 44.41329463391974, "cagr_3y_pct": 4.149437994626504 }, { "year": 2022, "export_value_usd": 495719544.6858322, "yoy_growth_pct": 22.927254059390577, "cagr_3y_pct": 21.64402281076314 }, { "year": 2023, "export_value_usd": 508479448.54938847, "yoy_growth_pct": 2.574016699632642, "cagr_3y_pct": 22.113657611827264 }, { "year": 2024, "export_value_usd": 577096892.8662182, "yoy_growth_pct": 13.494634741400958, "cagr_3y_pct": 12.690409780266098 } ], "routeHistoryScope": "Broader Morocco to Mexico route exports, not only HS 870423." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "BEL", "hs_code": "870340", "your_market_share_pct": 0.8071594689346996, "your_share_change_pp": 0.8071594689346996, "market_imports_usd": 6924945289.672057, "market_yoy_growth_pct": 19.00098348466188, "market_cagr_3y_pct": 17.025115, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 29.5542683919975, "your_share_gap_pp": 28.7471089230628, "num_suppliers": 34, "market_hhi": 1716.7085146091729, "volatility_mean_usd": 55895351.62413547, "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": "Morocco", "importer_name": "Belgium", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-bel-870340" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "BEL", "hs_code": "870360", "your_market_share_pct": 0.0021141205290590953, "your_share_change_pp": 0.0021141205290590953, "market_imports_usd": 3174248586.6127777, "market_yoy_growth_pct": -32.300365344105096, "market_cagr_3y_pct": 8.128891, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 25.768621060820806, "your_share_gap_pp": 25.766506940291748, "num_suppliers": 35, "market_hhi": 1232.9692665487514, "volatility_mean_usd": 67107.44101294891, "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": 96.53554299795067, "exporter_name": "Morocco", "importer_name": "Belgium", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-bel-870360" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "USA", "hs_code": "841989", "your_market_share_pct": 0.0010171295195112746, "your_share_change_pp": 0.0010171295195112746, "market_imports_usd": 2092340334.1354063, "market_yoy_growth_pct": 45.97629856866947, "market_cagr_3y_pct": 13.51214, "top_supplier_iso3": "ITA", "top_supplier_share_pct": 28.425768135365182, "your_share_gap_pp": 28.42475100584567, "num_suppliers": 90, "market_hhi": 1233.003890500252, "volatility_mean_usd": 21281.811187132054, "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": 86.56057984315945, "exporter_name": "Morocco", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-usa-841989" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "GTM", "hs_code": "271019", "your_market_share_pct": 0.01115711051880954, "your_share_change_pp": 0.01115711051880954, "market_imports_usd": 2022120633.6693265, "market_yoy_growth_pct": -3.707564420495635, "market_cagr_3y_pct": 12.674981, "top_supplier_iso3": "USA", "top_supplier_share_pct": 83.84093034173962, "your_share_gap_pp": 83.82977323122081, "num_suppliers": 68, "market_hhi": 7072.367747386202, "volatility_mean_usd": 225610.23392213855, "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": "Morocco", "importer_name": "Guatemala", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-gtm-271019" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "MEX", "hs_code": "870340", "your_market_share_pct": 0.00004218339265963613, "your_share_change_pp": 0.00004218339265963613, "market_imports_usd": 1880866108.6886232, "market_yoy_growth_pct": 29.51236791756888, "market_cagr_3y_pct": 46.687031, "top_supplier_iso3": "USA", "top_supplier_share_pct": 61.82457546269191, "your_share_gap_pp": 61.82453327929925, "num_suppliers": 31, "market_hhi": 4038.6813595766507, "volatility_mean_usd": 793.4131360301403, "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": 58.00092833659033, "exporter_name": "Morocco", "importer_name": "Mexico", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-mex-870340" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "TZA", "hs_code": "271012", "your_market_share_pct": 4.5158928166780784e-7, "your_share_change_pp": 4.5158928166780784e-7, "market_imports_usd": 1731091896.3862975, "market_yoy_growth_pct": -38.23741701569252, "market_cagr_3y_pct": 16.56527, "top_supplier_iso3": "IND", "top_supplier_share_pct": 55.48239875628715, "your_share_gap_pp": 55.48239830469787, "num_suppliers": 37, "market_hhi": 4092.2389507777016, "volatility_mean_usd": 7.817425459900512, "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": 18.906835938969234, "exporter_name": "Morocco", "importer_name": "United Republic of Tanzania", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-tza-271012" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "ARG", "hs_code": "271019", "your_market_share_pct": 0.07892785553724353, "your_share_change_pp": 0.07892785553724353, "market_imports_usd": 1647225374.2924895, "market_yoy_growth_pct": -39.6392212095785, "market_cagr_3y_pct": -8.882034, "top_supplier_iso3": "USA", "top_supplier_share_pct": 43.608064167939794, "your_share_gap_pp": 43.52913631240255, "num_suppliers": 58, "market_hhi": 2294.2361912509014, "volatility_mean_usd": 1300119.6637943953, "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": "Morocco", "importer_name": "ARG", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-arg-271019" }, { "year": 2024, "exporter_iso3": "MAR", "importer_iso3": "KOR", "hs_code": "282590", "your_market_share_pct": 0.04012296707981257, "your_share_change_pp": 0.04012296707981257, "market_imports_usd": 1487948952.120053, "market_yoy_growth_pct": -31.695802822582486, "market_cagr_3y_pct": 2.429198, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 93.58715521742607, "your_share_gap_pp": 93.54703225034626, "num_suppliers": 39, "market_hhi": 8768.242712783931, "volatility_mean_usd": 597009.2682235449, "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": "Morocco", "importer_name": "KOR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mar-kor-282590" } ], "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/870423", "workspace": "https://www.yugalinks.com/app?hs=870423", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mar-mex-870423/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/mar-mex-870423/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mar-mex-870423/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": "2026-09-02T11:45:58.421Z" }