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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": "Pakistan",
        "imports": "$216.0M",
        "year": 2024,
        "annualChange": "+53.3%"
      },
      "exporterPosition": {
        "exporter": "Madagascar",
        "routeExports": "$352.6",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "51/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$216.0M",
      "projectionThreeYears": "$236.2M",
      "supplierCount": "21",
      "averageImports": "$134.8M",
      "historicalPeak": "$491.4M",
      "fullHistoryGrowth": "+3.0%",
      "latestAnnualChange": "+53.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "51.1%"
      },
      "marketConcentrationHhi": "3,658",
      "exporterShare": "0.0%",
      "shareGap": "51.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "6,449 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "16.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$1.5K",
      "gdpPerPersonGrowth": "+9.3%",
      "populationThousands": "225,200",
      "gdp": "$346.3B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "16.6%",
      "savingsRate": "7.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 352.5626956620216,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 262746,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 327390,
          "yoy_growth_pct": 24.6032289739901,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 127952.74957301623,
          "yoy_growth_pct": -60.91733114236347,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 279820.72871946904,
          "yoy_growth_pct": 118.69067265318071,
          "cagr_3y_pct": 2.120889753148658
        },
        {
          "year": 1999,
          "export_value_usd": 288386.5169727787,
          "yoy_growth_pct": 3.061170018571846,
          "cagr_3y_pct": -4.140201013095856
        },
        {
          "year": 2000,
          "export_value_usd": 212551.57417939758,
          "yoy_growth_pct": -26.29628582827932,
          "cagr_3y_pct": 18.432682899925922
        },
        {
          "year": 2001,
          "export_value_usd": 190992.13470065538,
          "yoy_growth_pct": -10.143156813576748,
          "cagr_3y_pct": -11.953546664360681
        },
        {
          "year": 2002,
          "export_value_usd": 426542.96172780223,
          "yoy_growth_pct": 123.33011901057023,
          "cagr_3y_pct": 13.936430520063258
        },
        {
          "year": 2003,
          "export_value_usd": 585057.3730429598,
          "yoy_growth_pct": 37.16258982988761,
          "cagr_3y_pct": 40.145140625677264
        },
        {
          "year": 2004,
          "export_value_usd": 888026.2780118412,
          "yoy_growth_pct": 51.78447771593759,
          "cagr_3y_pct": 66.90529377642235
        },
        {
          "year": 2005,
          "export_value_usd": 723941.1745128498,
          "yoy_growth_pct": -18.477505402920468,
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        {
          "year": 2006,
          "export_value_usd": 919804.0058638756,
          "yoy_growth_pct": 27.055075501517756,
          "cagr_3y_pct": 16.278373065597208
        },
        {
          "year": 2007,
          "export_value_usd": 2226390.2497166833,
          "yoy_growth_pct": 142.05050592551706,
          "cagr_3y_pct": 35.84963982794134
        },
        {
          "year": 2008,
          "export_value_usd": 833295.7594439029,
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          "cagr_3y_pct": 4.800968929244198
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        {
          "year": 2009,
          "export_value_usd": 596094.6945780127,
          "yoy_growth_pct": -28.46541125136477,
          "cagr_3y_pct": -13.462039974839024
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        {
          "year": 2010,
          "export_value_usd": 1549946.065322641,
          "yoy_growth_pct": 160.01675227454908,
          "cagr_3y_pct": -11.371833509806873
        },
        {
          "year": 2011,
          "export_value_usd": 2943346.990444305,
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          "cagr_3y_pct": 52.29328832196014
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        {
          "year": 2012,
          "export_value_usd": 6349585.074256539,
          "yoy_growth_pct": 115.72669124200186,
          "cagr_3y_pct": 120.02736442591195
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        {
          "year": 2013,
          "export_value_usd": 4390170.282380156,
          "yoy_growth_pct": -30.858942260976118,
          "cagr_3y_pct": 41.488646872179146
        },
        {
          "year": 2014,
          "export_value_usd": 6963029.434118219,
          "yoy_growth_pct": 58.60499675978792,
          "cagr_3y_pct": 33.24540944085188
        },
        {
          "year": 2015,
          "export_value_usd": 5997682.251617295,
          "yoy_growth_pct": -13.863896334701808,
          "cagr_3y_pct": -1.8825990053683683
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        {
          "year": 2016,
          "export_value_usd": 7010581.832372446,
          "yoy_growth_pct": 16.888183439228023,
          "cagr_3y_pct": 16.884672899147944
        },
        {
          "year": 2017,
          "export_value_usd": 4785118.392129781,
          "yoy_growth_pct": -31.74434723757511,
          "cagr_3y_pct": -11.753365370160317
        },
        {
          "year": 2018,
          "export_value_usd": 5832429.433402096,
          "yoy_growth_pct": 21.886836551314115,
          "cagr_3y_pct": -0.9269925924005107
        },
        {
          "year": 2019,
          "export_value_usd": 2465143.521082133,
          "yoy_growth_pct": -57.73384746047072,
          "cagr_3y_pct": -29.417660595488126
        },
        {
          "year": 2020,
          "export_value_usd": 2064650.0095217465,
          "yoy_growth_pct": -16.246255365471796,
          "cagr_3y_pct": -24.43548167278746
        },
        {
          "year": 2021,
          "export_value_usd": 3588243.9490972324,
          "yoy_growth_pct": 73.79429600895939,
          "cagr_3y_pct": -14.949378916831114
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        {
          "year": 2022,
          "export_value_usd": 4632660.093423129,
          "yoy_growth_pct": 29.106609225625867,
          "cagr_3y_pct": 23.404048882992946
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        {
          "year": 2023,
          "export_value_usd": 3931568.17483052,
          "yoy_growth_pct": -15.133679235131703,
          "cagr_3y_pct": 23.94807591232113
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        {
          "year": 2024,
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          "yoy_growth_pct": 5.057689003515198,
          "cagr_3y_pct": 4.802239791596841
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      ],
      "routeHistoryScope": "Broader Madagascar to Pakistan route exports, not only HS 870322."
    },
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      {
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        "exporter_name": "Madagascar",
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    ],
    "faq": [
      {
        "question": "What does a new corridor signal mean?",
        "answer": "It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales."
      },
      {
        "question": "Is the market opportunity reported trade?",
        "answer": "Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast."
      },
      {
        "question": "What should exporters check next?",
        "answer": "Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route."
      }
    ],
    "dataSources": {
      "publisher": "OECD",
      "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
      "year": 2025,
      "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)",
      "sourceUrl": "https://data-explorer.oecd.org/",
      "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
      "termsUrl": "https://www.oecd.org/termsandconditions/",
      "terms": "OECD Terms & Conditions",
      "accessed": "2026-09-02",
      "supportingSources": [
        {
          "publisher": "CEPII",
          "dataset": "BACI bilateral trade flows",
          "release": "202601",
          "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
          "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
          "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
          "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
          "license": "Etalab 2.0 Open Licence",
          "accessed": "2026-09-02"
        }
      ]
    }
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