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      "volatility_mean_usd": 154.32978723901732,
      "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": 43.82509494754758,
      "exporter_name": "Madagascar",
      "importer_name": "Czech Republic",
      "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": "ARE",
        "imports": "$3.4B",
        "year": 2024,
        "annualChange": "+19.4%"
      },
      "exporterPosition": {
        "exporter": "Madagascar",
        "routeExports": "$9.8K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "80/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$3.4B",
      "projectionThreeYears": "$6.1B",
      "supplierCount": "20",
      "averageImports": "$1.0B",
      "historicalPeak": "$3.4B",
      "fullHistoryGrowth": "+21.3%",
      "latestAnnualChange": "+19.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "Congo",
        "iso3": "COG",
        "share": "61.1%"
      },
      "marketConcentrationHhi": "4,819",
      "exporterShare": "0.0%",
      "shareGap": "61.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "4,881 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "3.8 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$36.3K",
      "gdpPerPersonGrowth": "+11.2%",
      "populationThousands": "9,991",
      "gdp": "$358.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "26.4%",
      "savingsRate": "61.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 9829.756067174509,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 984183.9999999999,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 40573.99999999999,
          "yoy_growth_pct": -95.87739690952098,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 60065.99999999991,
          "yoy_growth_pct": 48.040617143983646,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 9371.374696620429,
          "yoy_growth_pct": -84.39820414773675,
          "cagr_3y_pct": -78.80456500241888
        },
        {
          "year": 1999,
          "export_value_usd": 86959.87114218686,
          "yoy_growth_pct": 827.9307887832822,
          "cagr_3y_pct": 28.93090196834731
        },
        {
          "year": 2000,
          "export_value_usd": 678095.5316718076,
          "yoy_growth_pct": 679.7798257578638,
          "cagr_3y_pct": 124.33001752829864
        },
        {
          "year": 2001,
          "export_value_usd": 985785.9646606618,
          "yoy_growth_pct": 45.37567623108502,
          "cagr_3y_pct": 372.0555513476661
        },
        {
          "year": 2002,
          "export_value_usd": 624211.7980588428,
          "yoy_growth_pct": -36.67876999306681,
          "cagr_3y_pct": 92.90242849566381
        },
        {
          "year": 2003,
          "export_value_usd": 1491065.5846803428,
          "yoy_growth_pct": 138.871740219781,
          "cagr_3y_pct": 30.037502922706793
        },
        {
          "year": 2004,
          "export_value_usd": 1923795.461855952,
          "yoy_growth_pct": 29.0215186790981,
          "cagr_3y_pct": 24.96606319796215
        },
        {
          "year": 2005,
          "export_value_usd": 4051314.754307879,
          "yoy_growth_pct": 110.58968246028793,
          "cagr_3y_pct": 86.53256873239026
        },
        {
          "year": 2006,
          "export_value_usd": 10558569.733814064,
          "yoy_growth_pct": 160.62082000878442,
          "cagr_3y_pct": 92.03016219320843
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        {
          "year": 2007,
          "export_value_usd": 15711041.413730096,
          "yoy_growth_pct": 48.79895487563171,
          "cagr_3y_pct": 101.3795468047912
        },
        {
          "year": 2008,
          "export_value_usd": 26786293.99784676,
          "yoy_growth_pct": 70.4934338371602,
          "cagr_3y_pct": 87.6890265506182
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        {
          "year": 2009,
          "export_value_usd": 69288643.71404076,
          "yoy_growth_pct": 158.6720048679022,
          "cagr_3y_pct": 87.22003521604313
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        {
          "year": 2010,
          "export_value_usd": 137345368.86008805,
          "yoy_growth_pct": 98.22204837335585,
          "cagr_3y_pct": 106.00116773734243
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        {
          "year": 2011,
          "export_value_usd": 215435988.73641503,
          "yoy_growth_pct": 56.857119045547776,
          "cagr_3y_pct": 100.3557793396868
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          "year": 2012,
          "export_value_usd": 191968030.75167832,
          "yoy_growth_pct": -10.89323938975194,
          "cagr_3y_pct": 40.45017451291608
        },
        {
          "year": 2013,
          "export_value_usd": 147538785.11932153,
          "yoy_growth_pct": -23.144085740937026,
          "cagr_3y_pct": 2.4151159410243483
        },
        {
          "year": 2014,
          "export_value_usd": 143331071.94259688,
          "yoy_growth_pct": -2.8519369827545105,
          "cagr_3y_pct": -12.701382740034283
        },
        {
          "year": 2015,
          "export_value_usd": 133378534.01561868,
          "yoy_growth_pct": -6.94374066424629,
          "cagr_3y_pct": -11.430197423927835
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        {
          "year": 2016,
          "export_value_usd": 148414377.5217274,
          "yoy_growth_pct": 11.273061004215279,
          "cagr_3y_pct": 0.1974319218011944
        },
        {
          "year": 2017,
          "export_value_usd": 95288297.96639632,
          "yoy_growth_pct": -35.79577696072849,
          "cagr_3y_pct": -12.723013952654172
        },
        {
          "year": 2018,
          "export_value_usd": 114419085.49794815,
          "yoy_growth_pct": 20.076743881287882,
          "cagr_3y_pct": -4.982373541864693
        },
        {
          "year": 2019,
          "export_value_usd": 124821170.4069562,
          "yoy_growth_pct": 9.09121486484401,
          "cagr_3y_pct": -5.607513779842666
        },
        {
          "year": 2020,
          "export_value_usd": 141893031.94945145,
          "yoy_growth_pct": 13.677056133054698,
          "cagr_3y_pct": 14.193267435322298
        },
        {
          "year": 2021,
          "export_value_usd": 153178186.49341172,
          "yoy_growth_pct": 7.953283109758735,
          "cagr_3y_pct": 10.212998226783343
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        {
          "year": 2022,
          "export_value_usd": 66939144.79990839,
          "yoy_growth_pct": -56.299818967508486,
          "cagr_3y_pct": -18.75487652754164
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        {
          "year": 2023,
          "export_value_usd": 102464385.0940641,
          "yoy_growth_pct": 53.07095033906726,
          "cagr_3y_pct": -10.283851085239014
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        {
          "year": 2024,
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          "yoy_growth_pct": 125.01465399595091,
          "cagr_3y_pct": 14.602899509727507
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      ],
      "routeHistoryScope": "Broader Madagascar to ARE route exports, not only HS 740311."
    },
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      {
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        "importer_iso3": "CZE",
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        "exporter_name": "Madagascar",
        "importer_name": "Czech Republic",
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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"
        }
      ]
    }
  },
  "links": {
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