{ "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/mdg-sgp-901320", "seo": { "title": "Madagascar to SGP new corridor | HS 901320 | Yugalinks", "description": "Reported new-corridor signal for Madagascar to SGP in lasers (HS 901320), 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": "MDG-SGP-HS 901320", "url": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-sgp-901320" } ], "exporter": { "iso3": "MDG", "country_name": "Madagascar" }, "importer": { "iso3": "SGP", "country_name": "SGP" }, "hsCode": "901320", "product": "Lasers: other than laser diodes", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "SGP", "hs_code": "901320", "your_market_share_pct": 0.00013511053058109292, "your_share_change_pp": 0.00013511053058109292, "market_imports_usd": 207881386.61964917, "market_yoy_growth_pct": 6.269447412142526, "market_cagr_3y_pct": 4.448698, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 40.55970527375416, "your_share_gap_pp": 40.55957016322358, "num_suppliers": 41, "market_hhi": 2456.755166890118, "volatility_mean_usd": 280.8696444411411, "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": 49.00096615300792 }, "market": { "exporter_iso3": "MDG", "importer_iso3": "SGP", "hs_code": "901320", "hs_description": "Lasers: other than laser diodes", "hs_chapter": "90", "hs_heading": "9013", "price_range_label": "High price range", "trade_type_label": "One-way trade", "substitution_elasticity": -11.58023, "buyer_imports_latest_usd": 207881386.61964914, "buyer_imports_avg_usd": 88962103.7892194, "buyer_imports_peak_usd": 207881386.61964914, "buyer_cagr_full_pct": 11.3181, "buyer_yoy_avg_pct": 18.6471, "buyer_yoy_latest_pct": 6.2694, "buyer_trend_consistency_pct": 75.8621, "buyer_imports_proj_3y_usd": 286755981.23, "buyer_imports_proj_5y_usd": 355339706.1, "buyer_gdp_mn_latest": 396986.899888, "buyer_gdp_pc_latest": 72794, "buyer_population_latest": 5453.566, "buyer_investment_rate": 27.31, "buyer_savings_rate": 50.79, "buyer_edu_secondary": 92.34, "buyer_gdp_mn_2030_proj": 443394.08, "buyer_gdp_pc_2030_proj": 78359.17, "buyer_gdp_pc_growth_pct": 7.65, "buyer_gdp_mn_growth_pct": 11.69, "buyer_pop_growth_pct": 3.76, "exports_latest_usd": 280.8696444411411, "exports_avg_usd": 280.8696444411411, "exports_peak_usd": 280.8696444411411, "share_latest_pct": 0.00013511053058109295, "share_avg_pct": 0.00013511053058109295, "share_peak_pct": 0.00013511053058109295, "share_change_1y_pp": 0.00013511053058109295, "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": 40.5596, "addressable_proj_3y_usd": 116306993.4, "addressable_proj_5y_usd": 144124257.41, "peer_best_share_pct": 40.55970527375417, "peer_top_exporter": "DEU", "num_suppliers_latest": 41, "buyer_herfindahl_index": 2456.76, "distance_km": 6552.24267578125, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 1.5, "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": { "lane_access_data_available": false, "exporter_iso3": "MDG", "importer_iso3": "SGP", "hs_code": "901320" }, "productHistory": [ { "year": 2024, "export_value_usd": 280.8696444411411, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 10504749.08655395, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 5738536.005342435, "yoy_growth_pct": -45.371984061116265, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 8844228.430298498, "yoy_growth_pct": 54.11994317130257, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 9278700.768722614, "yoy_growth_pct": 4.912495667069194, "cagr_3y_pct": -4.052463473029755 }, { "year": 1999, "export_value_usd": 17246136.93348993, "yoy_growth_pct": 85.86801496632575, "cagr_3y_pct": 44.310159398522856 }, { "year": 2000, "export_value_usd": 41217968.29821802, "yoy_growth_pct": 138.99826643599047, "cagr_3y_pct": 67.03553660605877 }, { "year": 2001, "export_value_usd": 70794444.21920246, "yoy_growth_pct": 71.75626830268371, "cagr_3y_pct": 96.86597819582087 }, { "year": 2002, "export_value_usd": 20634548.176787324, "yoy_growth_pct": -70.85287072401317, "cagr_3y_pct": 6.1616625628513555 }, { "year": 2003, "export_value_usd": 27250974.46710592, "yoy_growth_pct": 32.0647984808395, "cagr_3y_pct": -12.883887852437248 }, { "year": 2004, "export_value_usd": 27946713.96435576, "yoy_growth_pct": 2.553081168123539, "cagr_3y_pct": -26.642612246620743 }, { "year": 2005, "export_value_usd": 16210784.5879038, "yoy_growth_pct": -41.99395102916351, "cagr_3y_pct": -7.728051783186696 }, { "year": 2006, "export_value_usd": 20122418.802515034, "yoy_growth_pct": 24.129826618817862, "cagr_3y_pct": -9.614371497525632 }, { "year": 2007, "export_value_usd": 21785328.108063545, "yoy_growth_pct": 8.26396330316248, "cagr_3y_pct": -7.966815040293285 }, { "year": 2008, "export_value_usd": 27805436.38409982, "yoy_growth_pct": 27.633773731450084, "cagr_3y_pct": 19.703971679370504 }, { "year": 2009, "export_value_usd": 30353129.273829248, "yoy_growth_pct": 9.162571140894936, "cagr_3y_pct": 14.685302027901038 }, { "year": 2010, "export_value_usd": 18714621.743150804, "yoy_growth_pct": -38.34368254318106, "cagr_3y_pct": -4.93828404110327 }, { "year": 2011, "export_value_usd": 109633429.84242998, "yoy_growth_pct": 485.8169689299423, "cagr_3y_pct": 57.98084359482469 }, { "year": 2012, "export_value_usd": 72126873.77105981, "yoy_growth_pct": -34.21087539200065, "cagr_3y_pct": 33.44363974601834 }, { "year": 2013, "export_value_usd": 32980292.523378365, "yoy_growth_pct": -54.27461250010342, "cagr_3y_pct": 20.788192721317735 }, { "year": 2014, "export_value_usd": 28850887.82007097, "yoy_growth_pct": -12.520824975643352, "cagr_3y_pct": -35.91760611856296 }, { "year": 2015, "export_value_usd": 27480025.805998232, "yoy_growth_pct": -4.751541868042819, "cagr_3y_pct": -27.505230086202705 }, { "year": 2016, "export_value_usd": 50642986.41821026, "yoy_growth_pct": 84.29017052508047, "cagr_3y_pct": 15.368771544264836 }, { "year": 2017, "export_value_usd": 52988920.04991547, "yoy_growth_pct": 4.632297179973688, "cagr_3y_pct": 22.464053073029255 }, { "year": 2018, "export_value_usd": 37300825.47630555, "yoy_growth_pct": -29.606367819596546, "cagr_3y_pct": 10.721960981371549 }, { "year": 2019, "export_value_usd": 17011590.442875553, "yoy_growth_pct": -54.3935282245114, "cagr_3y_pct": -30.485531996277615 }, { "year": 2020, "export_value_usd": 20329815.649049908, "yoy_growth_pct": 19.505673013448455, "cagr_3y_pct": -27.33653158360988 }, { "year": 2021, "export_value_usd": 35289653.03714992, "yoy_growth_pct": 73.58570115120126, "cagr_3y_pct": -1.8305596462102502 }, { "year": 2022, "export_value_usd": 85271866.99898669, "yoy_growth_pct": 141.6341892316702, "cagr_3y_pct": 71.14082365051877 }, { "year": 2023, "export_value_usd": 65575037.11008208, "yoy_growth_pct": -23.098860834299163, "cagr_3y_pct": 47.752566986677955 }, { "year": 2024, "export_value_usd": 18631753.5630095, "yoy_growth_pct": -71.58712463748664, "cagr_3y_pct": -19.17691048640221 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "DEU", "hs_code": "300212", "your_market_share_pct": 3.7420858886458945e-9, "your_share_change_pp": 3.7420858886458945e-9, "market_imports_usd": 7525211466.099886, "market_yoy_growth_pct": 4.268670169635058, "market_cagr_3y_pct": 13.310094, "top_supplier_iso3": "USA", "top_supplier_share_pct": 37.9036584332078, "your_share_gap_pp": 37.903658429465715, "num_suppliers": 105, "market_hhi": 2444.481847071589, "volatility_mean_usd": 0.28159987636368666, "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": 2.155049136872986, "exporter_name": "Madagascar", "importer_name": "Germany", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "USA", "hs_code": "870850", "your_market_share_pct": 0.0000015926129017361787, "your_share_change_pp": 0.0000015926129017361787, "market_imports_usd": 6692506433.715449, "market_yoy_growth_pct": 2.8927563584353333, "market_cagr_3y_pct": 5.266756, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 40.71988042834092, "your_share_gap_pp": 40.71987883572802, "num_suppliers": 86, "market_hhi": 2151.126234382747, "volatility_mean_usd": 106.58572091287607, "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": 40.63509268678297, "exporter_name": "Madagascar", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "HKG", "hs_code": "854290", "your_market_share_pct": 0.000011205990072960574, "your_share_change_pp": 0.000011205990072960574, "market_imports_usd": 3456209467.3523355, "market_yoy_growth_pct": 30.83029655813403, "market_cagr_3y_pct": 10.3938, "top_supplier_iso3": "TWN", "top_supplier_share_pct": 31.212006812969868, "your_share_gap_pp": 31.211995606979794, "num_suppliers": 45, "market_hhi": 1837.412096241001, "volatility_mean_usd": 387.3024898122262, "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": 51.78340350539657, "exporter_name": "Madagascar", "importer_name": "China, Hong Kong SAR", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "ARE", "hs_code": "740311", "your_market_share_pct": 0.0002901777764743074, "your_share_change_pp": 0.0002901777764743074, "market_imports_usd": 3387494447.9233212, "market_yoy_growth_pct": 19.437332814279284, "market_cagr_3y_pct": 5.279041, "top_supplier_iso3": "COG", "top_supplier_share_pct": 61.10749563096676, "your_share_gap_pp": 61.10720545319028, "num_suppliers": 20, "market_hhi": 4819.246775429142, "volatility_mean_usd": 9829.756067174509, "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": 79.85173839972484, "exporter_name": "Madagascar", "importer_name": "ARE", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "BGR", "hs_code": "270900", "your_market_share_pct": 6.772413807028954e-8, "your_share_change_pp": 6.772413807028954e-8, "market_imports_usd": 2824267714.608452, "market_yoy_growth_pct": -2.7432008053686396, "market_cagr_3y_pct": 16.18862, "top_supplier_iso3": "KAZ", "top_supplier_share_pct": 28.596614231265306, "your_share_gap_pp": 28.59661416354117, "num_suppliers": 33, "market_hhi": 1942.503792607429, "volatility_mean_usd": 1.912710966516039, "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": 9.285947819055027, "exporter_name": "Madagascar", "importer_name": "BGR", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "CHL", "hs_code": "851712", "your_market_share_pct": 0.0000313437096985148, "your_share_change_pp": 0.0000313437096985148, "market_imports_usd": 2004486082.8050227, "market_yoy_growth_pct": 11.53893025307211, "market_cagr_3y_pct": -4.905172, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 65.81427690657698, "your_share_gap_pp": 65.81424556286728, "num_suppliers": 64, "market_hhi": 5073.322878970203, "volatility_mean_usd": 628.2802987415373, "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": 55.97688270481236, "exporter_name": "Madagascar", "importer_name": "Chile", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "POL", "hs_code": "854231", "your_market_share_pct": 2.552456837004684e-7, "your_share_change_pp": 2.552456837004684e-7, "market_imports_usd": 1971771573.3956897, "market_yoy_growth_pct": -2.0138217492621346, "market_cagr_3y_pct": -11.424355, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 28.98793720398119, "your_share_gap_pp": 28.987936948735506, "num_suppliers": 85, "market_hhi": 1415.967009209811, "volatility_mean_usd": 5.032861833525312, "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": 15.610467581664864, "exporter_name": "Madagascar", "importer_name": "Poland", "published": true }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "AUT", "hs_code": "271121", "your_market_share_pct": 0.0006333333230408119, "your_share_change_pp": 0.0006333333230408119, "market_imports_usd": 1828776511.266952, "market_yoy_growth_pct": -31.74268675528905, "market_cagr_3y_pct": -3.652764, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 37.10342959647261, "your_share_gap_pp": 37.10279626314957, "num_suppliers": 30, "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": "SGP", "imports": "$207.9M", "year": 2024, "annualChange": "+6.3%" }, "exporterPosition": { "exporter": "Madagascar", "routeExports": "$280.9", "currentShare": "0.0%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "49/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$207.9M", "projectionThreeYears": "$286.8M", "supplierCount": "41", "averageImports": "$89.0M", "historicalPeak": "$207.9M", "fullHistoryGrowth": "+11.3%", "latestAnnualChange": "+6.3%" }, "competition": { "topSupplier": { "country": "Germany", "iso3": "DEU", "share": "40.6%" }, "marketConcentrationHhi": "2,457", "exporterShare": "0.0%", "shareGap": "40.6%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "6,552 km", "tradeAgreement": "Not reported", "businessEntryTime": "1.5 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$72.8K", "gdpPerPersonGrowth": "+7.7%", "populationThousands": "5,454", "gdp": "$397.0B", "gdpFiveYearCagr": "Not reported", "investmentRate": "27.3%", "savingsRate": "50.8%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 280.8696444411411, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 10504749.08655395, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 5738536.005342435, "yoy_growth_pct": -45.371984061116265, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 8844228.430298498, "yoy_growth_pct": 54.11994317130257, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 9278700.768722614, "yoy_growth_pct": 4.912495667069194, "cagr_3y_pct": -4.052463473029755 }, { "year": 1999, "export_value_usd": 17246136.93348993, "yoy_growth_pct": 85.86801496632575, "cagr_3y_pct": 44.310159398522856 }, { "year": 2000, "export_value_usd": 41217968.29821802, "yoy_growth_pct": 138.99826643599047, "cagr_3y_pct": 67.03553660605877 }, { "year": 2001, "export_value_usd": 70794444.21920246, "yoy_growth_pct": 71.75626830268371, "cagr_3y_pct": 96.86597819582087 }, { "year": 2002, "export_value_usd": 20634548.176787324, "yoy_growth_pct": -70.85287072401317, "cagr_3y_pct": 6.1616625628513555 }, { "year": 2003, "export_value_usd": 27250974.46710592, "yoy_growth_pct": 32.0647984808395, "cagr_3y_pct": -12.883887852437248 }, { "year": 2004, "export_value_usd": 27946713.96435576, "yoy_growth_pct": 2.553081168123539, "cagr_3y_pct": -26.642612246620743 }, { "year": 2005, "export_value_usd": 16210784.5879038, "yoy_growth_pct": -41.99395102916351, "cagr_3y_pct": -7.728051783186696 }, { "year": 2006, "export_value_usd": 20122418.802515034, "yoy_growth_pct": 24.129826618817862, "cagr_3y_pct": -9.614371497525632 }, { "year": 2007, "export_value_usd": 21785328.108063545, "yoy_growth_pct": 8.26396330316248, "cagr_3y_pct": -7.966815040293285 }, { "year": 2008, "export_value_usd": 27805436.38409982, "yoy_growth_pct": 27.633773731450084, "cagr_3y_pct": 19.703971679370504 }, { "year": 2009, "export_value_usd": 30353129.273829248, "yoy_growth_pct": 9.162571140894936, "cagr_3y_pct": 14.685302027901038 }, { "year": 2010, "export_value_usd": 18714621.743150804, "yoy_growth_pct": -38.34368254318106, "cagr_3y_pct": -4.93828404110327 }, { "year": 2011, "export_value_usd": 109633429.84242998, "yoy_growth_pct": 485.8169689299423, "cagr_3y_pct": 57.98084359482469 }, { "year": 2012, "export_value_usd": 72126873.77105981, "yoy_growth_pct": -34.21087539200065, "cagr_3y_pct": 33.44363974601834 }, { "year": 2013, "export_value_usd": 32980292.523378365, "yoy_growth_pct": -54.27461250010342, "cagr_3y_pct": 20.788192721317735 }, { "year": 2014, "export_value_usd": 28850887.82007097, "yoy_growth_pct": -12.520824975643352, "cagr_3y_pct": -35.91760611856296 }, { "year": 2015, "export_value_usd": 27480025.805998232, "yoy_growth_pct": -4.751541868042819, "cagr_3y_pct": -27.505230086202705 }, { "year": 2016, "export_value_usd": 50642986.41821026, "yoy_growth_pct": 84.29017052508047, "cagr_3y_pct": 15.368771544264836 }, { "year": 2017, "export_value_usd": 52988920.04991547, "yoy_growth_pct": 4.632297179973688, "cagr_3y_pct": 22.464053073029255 }, { "year": 2018, "export_value_usd": 37300825.47630555, "yoy_growth_pct": -29.606367819596546, "cagr_3y_pct": 10.721960981371549 }, { "year": 2019, "export_value_usd": 17011590.442875553, "yoy_growth_pct": -54.3935282245114, "cagr_3y_pct": -30.485531996277615 }, { "year": 2020, "export_value_usd": 20329815.649049908, "yoy_growth_pct": 19.505673013448455, "cagr_3y_pct": -27.33653158360988 }, { "year": 2021, "export_value_usd": 35289653.03714992, "yoy_growth_pct": 73.58570115120126, "cagr_3y_pct": -1.8305596462102502 }, { "year": 2022, "export_value_usd": 85271866.99898669, "yoy_growth_pct": 141.6341892316702, "cagr_3y_pct": 71.14082365051877 }, { "year": 2023, "export_value_usd": 65575037.11008208, "yoy_growth_pct": -23.098860834299163, "cagr_3y_pct": 47.752566986677955 }, { "year": 2024, "export_value_usd": 18631753.5630095, "yoy_growth_pct": -71.58712463748664, "cagr_3y_pct": -19.17691048640221 } ], "routeHistoryScope": "Broader Madagascar to SGP route exports, not only HS 901320." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "DEU", "hs_code": "300212", "your_market_share_pct": 3.7420858886458945e-9, "your_share_change_pp": 3.7420858886458945e-9, "market_imports_usd": 7525211466.099886, "market_yoy_growth_pct": 4.268670169635058, "market_cagr_3y_pct": 13.310094, "top_supplier_iso3": "USA", "top_supplier_share_pct": 37.9036584332078, "your_share_gap_pp": 37.903658429465715, "num_suppliers": 105, "market_hhi": 2444.481847071589, "volatility_mean_usd": 0.28159987636368666, "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": 2.155049136872986, "exporter_name": "Madagascar", "importer_name": "Germany", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-deu-300212" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "USA", "hs_code": "870850", "your_market_share_pct": 0.0000015926129017361787, "your_share_change_pp": 0.0000015926129017361787, "market_imports_usd": 6692506433.715449, "market_yoy_growth_pct": 2.8927563584353333, "market_cagr_3y_pct": 5.266756, "top_supplier_iso3": "MEX", "top_supplier_share_pct": 40.71988042834092, "your_share_gap_pp": 40.71987883572802, "num_suppliers": 86, "market_hhi": 2151.126234382747, "volatility_mean_usd": 106.58572091287607, "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": 40.63509268678297, "exporter_name": "Madagascar", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-usa-870850" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "HKG", "hs_code": "854290", "your_market_share_pct": 0.000011205990072960574, "your_share_change_pp": 0.000011205990072960574, "market_imports_usd": 3456209467.3523355, "market_yoy_growth_pct": 30.83029655813403, "market_cagr_3y_pct": 10.3938, "top_supplier_iso3": "TWN", "top_supplier_share_pct": 31.212006812969868, "your_share_gap_pp": 31.211995606979794, "num_suppliers": 45, "market_hhi": 1837.412096241001, "volatility_mean_usd": 387.3024898122262, "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": 51.78340350539657, "exporter_name": "Madagascar", "importer_name": "China, Hong Kong SAR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-hkg-854290" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "ARE", "hs_code": "740311", "your_market_share_pct": 0.0002901777764743074, "your_share_change_pp": 0.0002901777764743074, "market_imports_usd": 3387494447.9233212, "market_yoy_growth_pct": 19.437332814279284, "market_cagr_3y_pct": 5.279041, "top_supplier_iso3": "COG", "top_supplier_share_pct": 61.10749563096676, "your_share_gap_pp": 61.10720545319028, "num_suppliers": 20, "market_hhi": 4819.246775429142, "volatility_mean_usd": 9829.756067174509, "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": 79.85173839972484, "exporter_name": "Madagascar", "importer_name": "ARE", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-are-740311" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "BGR", "hs_code": "270900", "your_market_share_pct": 6.772413807028954e-8, "your_share_change_pp": 6.772413807028954e-8, "market_imports_usd": 2824267714.608452, "market_yoy_growth_pct": -2.7432008053686396, "market_cagr_3y_pct": 16.18862, "top_supplier_iso3": "KAZ", "top_supplier_share_pct": 28.596614231265306, "your_share_gap_pp": 28.59661416354117, "num_suppliers": 33, "market_hhi": 1942.503792607429, "volatility_mean_usd": 1.912710966516039, "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": 9.285947819055027, "exporter_name": "Madagascar", "importer_name": "BGR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-bgr-270900" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "CHL", "hs_code": "851712", "your_market_share_pct": 0.0000313437096985148, "your_share_change_pp": 0.0000313437096985148, "market_imports_usd": 2004486082.8050227, "market_yoy_growth_pct": 11.53893025307211, "market_cagr_3y_pct": -4.905172, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 65.81427690657698, "your_share_gap_pp": 65.81424556286728, "num_suppliers": 64, "market_hhi": 5073.322878970203, "volatility_mean_usd": 628.2802987415373, "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": 55.97688270481236, "exporter_name": "Madagascar", "importer_name": "Chile", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-chl-851712" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "POL", "hs_code": "854231", "your_market_share_pct": 2.552456837004684e-7, "your_share_change_pp": 2.552456837004684e-7, "market_imports_usd": 1971771573.3956897, "market_yoy_growth_pct": -2.0138217492621346, "market_cagr_3y_pct": -11.424355, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 28.98793720398119, "your_share_gap_pp": 28.987936948735506, "num_suppliers": 85, "market_hhi": 1415.967009209811, "volatility_mean_usd": 5.032861833525312, "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": 15.610467581664864, "exporter_name": "Madagascar", "importer_name": "Poland", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-pol-854231" }, { "year": 2024, "exporter_iso3": "MDG", "importer_iso3": "AUT", "hs_code": "271121", "your_market_share_pct": 0.0006333333230408119, "your_share_change_pp": 0.0006333333230408119, "market_imports_usd": 1828776511.266952, "market_yoy_growth_pct": -31.74268675528905, "market_cagr_3y_pct": -3.652764, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 37.10342959647261, "your_share_gap_pp": 37.10279626314957, "num_suppliers": 30, "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, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-aut-271121" } ], "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/901320", "workspace": "https://www.yugalinks.com/app?hs=901320", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-sgp-901320/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-sgp-901320/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mdg-sgp-901320/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": "2026-09-02T11:47:06.177Z" }