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      "market_hhi": 2650.506349643256,
      "volatility_mean_usd": 11582.251049796814,
      "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": 81.27660938269726,
      "exporter_name": "Madagascar",
      "importer_name": "Austria",
      "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": "NLD",
        "imports": "$662.8M",
        "year": 2024,
        "annualChange": "+0.5%"
      },
      "exporterPosition": {
        "exporter": "Madagascar",
        "routeExports": "$187.4",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "46/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$662.8M",
      "projectionThreeYears": "$978.0M",
      "supplierCount": "112",
      "averageImports": "$141.8M",
      "historicalPeak": "$662.8M",
      "fullHistoryGrowth": "+13.8%",
      "latestAnnualChange": "+0.5%"
    },
    "competition": {
      "topSupplier": {
        "country": "IRL",
        "iso3": "IRL",
        "share": "61.8%"
      },
      "marketConcentrationHhi": "4,069",
      "exporterShare": "0.0%",
      "shareGap": "61.8%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "8,931 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "3.5 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$58.1K",
      "gdpPerPersonGrowth": "+1.7%",
      "populationThousands": "17,533",
      "gdp": "$1.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "22.0%",
      "savingsRate": "30.6%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 187.37088326311593,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 13558796.664417133,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 18022669.95860105,
          "yoy_growth_pct": 32.92234115361159,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 10825504.07297619,
          "yoy_growth_pct": -39.93396040740412,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 11683043.852623636,
          "yoy_growth_pct": 7.921476670893601,
          "cagr_3y_pct": -4.84207725932011
        },
        {
          "year": 1999,
          "export_value_usd": 8665173.472853353,
          "yoy_growth_pct": -25.831199624339042,
          "cagr_3y_pct": -21.65955323724408
        },
        {
          "year": 2000,
          "export_value_usd": 11453708.274139637,
          "yoy_growth_pct": 32.18094605979132,
          "cagr_3y_pct": 1.8980789702578882
        },
        {
          "year": 2001,
          "export_value_usd": 21216065.01764017,
          "yoy_growth_pct": 85.23315340187365,
          "cagr_3y_pct": 22.00274726966791
        },
        {
          "year": 2002,
          "export_value_usd": 8146321.988051837,
          "yoy_growth_pct": -61.60304947558113,
          "cagr_3y_pct": -2.0371442814186236
        },
        {
          "year": 2003,
          "export_value_usd": 10514207.999474898,
          "yoy_growth_pct": 29.066933702056286,
          "cagr_3y_pct": -2.8125585769067984
        },
        {
          "year": 2004,
          "export_value_usd": 9551850.001693983,
          "yoy_growth_pct": -9.152929044479407,
          "cagr_3y_pct": -23.35669593731533
        },
        {
          "year": 2005,
          "export_value_usd": 10668505.790350093,
          "yoy_growth_pct": 11.690466123924438,
          "cagr_3y_pct": 9.407562337037811
        },
        {
          "year": 2006,
          "export_value_usd": 13259941.908078115,
          "yoy_growth_pct": 24.290525483634617,
          "cagr_3y_pct": 8.040939579407102
        },
        {
          "year": 2007,
          "export_value_usd": 20496239.17586765,
          "yoy_growth_pct": 54.57261666720499,
          "cagr_3y_pct": 28.98193723007161
        },
        {
          "year": 2008,
          "export_value_usd": 27762445.30191981,
          "yoy_growth_pct": 35.45141166486494,
          "cagr_3y_pct": 37.547079282477156
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        {
          "year": 2009,
          "export_value_usd": 17442411.817282785,
          "yoy_growth_pct": -37.17263869376586,
          "cagr_3y_pct": 9.569153105645523
        },
        {
          "year": 2010,
          "export_value_usd": 14071545.84294363,
          "yoy_growth_pct": -19.32568735132798,
          "cagr_3y_pct": -11.782270384253145
        },
        {
          "year": 2011,
          "export_value_usd": 14021690.662910806,
          "yoy_growth_pct": -0.35429781908307145,
          "cagr_3y_pct": -20.363122753936846
        },
        {
          "year": 2012,
          "export_value_usd": 19621386.03060358,
          "yoy_growth_pct": 39.93594996717975,
          "cagr_3y_pct": 4.001846181023239
        },
        {
          "year": 2013,
          "export_value_usd": 87452820.49819511,
          "yoy_growth_pct": 345.70154402851296,
          "cagr_3y_pct": 83.85580088123103
        },
        {
          "year": 2014,
          "export_value_usd": 128357747.63941678,
          "yoy_growth_pct": 46.77370827858649,
          "cagr_3y_pct": 109.18983079543172
        },
        {
          "year": 2015,
          "export_value_usd": 110180950.70160063,
          "yoy_growth_pct": -14.16104385757726,
          "cagr_3y_pct": 77.74290656209375
        },
        {
          "year": 2016,
          "export_value_usd": 77683129.36976829,
          "yoy_growth_pct": -29.494954549670837,
          "cagr_3y_pct": -3.871765998848642
        },
        {
          "year": 2017,
          "export_value_usd": 110387888.83363515,
          "yoy_growth_pct": 42.100208538450644,
          "cagr_3y_pct": -4.903081010370558
        },
        {
          "year": 2018,
          "export_value_usd": 54638890.6520232,
          "yoy_growth_pct": -50.50282125209486,
          "cagr_3y_pct": -20.847412001870335
        },
        {
          "year": 2019,
          "export_value_usd": 72089647.78214526,
          "yoy_growth_pct": 31.938344504942616,
          "cagr_3y_pct": -2.460154400969816
        },
        {
          "year": 2020,
          "export_value_usd": 80244143.81374976,
          "yoy_growth_pct": 11.311604762236271,
          "cagr_3y_pct": -10.085312335834306
        },
        {
          "year": 2021,
          "export_value_usd": 116379373.93948515,
          "yoy_growth_pct": 45.03161029371423,
          "cagr_3y_pct": 28.66429592519961
        },
        {
          "year": 2022,
          "export_value_usd": 115822376.6841232,
          "yoy_growth_pct": -0.47860478752151936,
          "cagr_3y_pct": 17.122371189205808
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        {
          "year": 2023,
          "export_value_usd": 148228102.99722844,
          "yoy_growth_pct": 27.97881311094472,
          "cagr_3y_pct": 22.698447506995613
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        {
          "year": 2024,
          "export_value_usd": 89368478.4936307,
          "yoy_growth_pct": -39.708815881357054,
          "cagr_3y_pct": -8.426576826877197
        }
      ],
      "routeHistoryScope": "Broader Madagascar to NLD route exports, not only HS 300290."
    },
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        "num_suppliers": 85,
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      {
        "year": 2024,
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        "importer_iso3": "AUT",
        "hs_code": "271121",
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        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 81.27660938269726,
        "exporter_name": "Madagascar",
        "importer_name": "Austria",
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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",
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