{ "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/mdv-deu-940510", "seo": { "title": "MDV to Germany new corridor | HS 940510 | Yugalinks", "description": "Reported new-corridor signal for MDV to Germany in chandeliers and other electric ceiling or wall light fittings (HS 940510), with market demand, growth,...", "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": "MDV-DEU-HS 940510", "url": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-deu-940510" } ], "exporter": { "iso3": "MDV", "country_name": "MDV" }, "importer": { "iso3": "DEU", "country_name": "Germany" }, "hsCode": "940510", "product": "Chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "DEU", "hs_code": "940510", "your_market_share_pct": 0.0008364218559611967, "your_share_change_pp": 0.0008364218559611967, "market_imports_usd": 1177628952.1480503, "market_yoy_growth_pct": 0.13516829978696965, "market_cagr_3y_pct": -8.918195, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 47.193954018070514, "your_share_gap_pp": 47.193117596214556, "num_suppliers": 89, "market_hhi": 2518.7582959477963, "volatility_mean_usd": 9849.945937893115, "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": 79.86955871326649 }, "market": { "exporter_iso3": "MDV", "importer_iso3": "DEU", "hs_code": "940510", "hs_description": "Chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares", "hs_chapter": "94", "hs_heading": "9405", "price_range_label": "Low price range", "trade_type_label": "One-way trade", "substitution_elasticity": -2.9330208, "buyer_imports_latest_usd": 1177628952.1480503, "buyer_imports_avg_usd": 846650906.9231738, "buyer_imports_peak_usd": 1558524357.1856487, "buyer_cagr_full_pct": 3.4559, "buyer_yoy_avg_pct": 3.8497, "buyer_yoy_latest_pct": 0.1352, "buyer_trend_consistency_pct": 65.5172, "buyer_imports_proj_3y_usd": 1303988583.67, "buyer_imports_proj_5y_usd": 1395674035.4, "buyer_gdp_mn_latest": 4223116.205969, "buyer_gdp_pc_latest": 50802, "buyer_population_latest": 83129.288, "buyer_investment_rate": 22.08, "buyer_savings_rate": 27.68, "buyer_edu_secondary": 95.9, "buyer_gdp_mn_2030_proj": 4391279.94, "buyer_gdp_pc_2030_proj": 53142.97, "buyer_gdp_pc_growth_pct": 4.61, "buyer_gdp_mn_growth_pct": 3.98, "buyer_pop_growth_pct": -0.6, "exports_latest_usd": 9849.945937893115, "exports_avg_usd": 9849.945937893115, "exports_peak_usd": 9849.945937893115, "share_latest_pct": 0.000836421855961197, "share_avg_pct": 0.000836421855961197, "share_peak_pct": 0.000836421855961197, "share_change_1y_pp": 0.000836421855961197, "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": 47.1931, "addressable_proj_3y_usd": 615392865.73, "addressable_proj_5y_usd": 658662088.79, "peer_best_share_pct": 47.193954018070514, "peer_top_exporter": "CHN", "num_suppliers_latest": 89, "buyer_herfindahl_index": 2518.76, "distance_km": 8042.1357421875, "shares_official_language": 0, "common_spoken_language_score": null, "has_wto_reported_fta": 0, "buyer_is_eu_member": 1, "buyer_biz_entry_days": 8, "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": "MDV", "importer_iso3": "DEU", "hs_code": "940510" }, "productHistory": [ { "year": 2024, "export_value_usd": 9849.945937893115, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 5379942.866907656, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 7716091.019123169, "yoy_growth_pct": 43.42328924318688, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 4270668.236388017, "yoy_growth_pct": -44.65243831619132, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 4616657.704004572, "yoy_growth_pct": 8.101529982323807, "cagr_3y_pct": -4.97234682228147 }, { "year": 1999, "export_value_usd": 6006070.641661748, "yoy_growth_pct": 30.095645524076332, "cagr_3y_pct": -8.012030757725231 }, { "year": 2000, "export_value_usd": 8305696.211166151, "yoy_growth_pct": 38.288353679239215, "cagr_3y_pct": 24.822651151858487 }, { "year": 2001, "export_value_usd": 6228902.983815696, "yoy_growth_pct": -25.00444483580342, "cagr_3y_pct": 10.499750407590769 }, { "year": 2002, "export_value_usd": 3838979.8672348415, "yoy_growth_pct": -38.3682828708441, "cagr_3y_pct": -13.859286198576049 }, { "year": 2003, "export_value_usd": 3900911.0611053184, "yoy_growth_pct": 1.6132200744018332, "cagr_3y_pct": -22.26856795176402 }, { "year": 2004, "export_value_usd": 4285832.297132763, "yoy_growth_pct": 9.867470188319993, "cagr_3y_pct": -11.717517802389954 }, { "year": 2005, "export_value_usd": 4032032.2876409492, "yoy_growth_pct": -5.921837157781629, "cagr_3y_pct": 1.6489091181819626 }, { "year": 2006, "export_value_usd": 4772981.736114853, "yoy_growth_pct": 18.37657527557688, "cagr_3y_pct": 6.956678581111597 }, { "year": 2007, "export_value_usd": 4032876.4818842523, "yoy_growth_pct": -15.506140503965915, "cagr_3y_pct": -2.007407138519013 }, { "year": 2008, "export_value_usd": 5342520.373712427, "yoy_growth_pct": 32.47418803206883, "cagr_3y_pct": 9.834993486852683 }, { "year": 2009, "export_value_usd": 3780708.9762728643, "yoy_growth_pct": -29.233606765907126, "cagr_3y_pct": -7.474560087725157 }, { "year": 2010, "export_value_usd": 2880759.4599803514, "yoy_growth_pct": -23.803723638620554, "cagr_3y_pct": -10.608266625668383 }, { "year": 2011, "export_value_usd": 8532700.56621344, "yoy_growth_pct": 196.1962178637309, "cagr_3y_pct": 16.890739489619122 }, { "year": 2012, "export_value_usd": 10137112.051562602, "yoy_growth_pct": 18.803091388230353, "cagr_3y_pct": 38.92497678197104 }, { "year": 2013, "export_value_usd": 12170158.295798566, "yoy_growth_pct": 20.055477673471866, "cagr_3y_pct": 61.65770542745788 }, { "year": 2014, "export_value_usd": 12179918.78946764, "yoy_growth_pct": 0.08020021951928857, "cagr_3y_pct": 12.595049383516365 }, { "year": 2015, "export_value_usd": 16829553.30600034, "yoy_growth_pct": 38.17459374649843, "cagr_3y_pct": 18.409381869590334 }, { "year": 2016, "export_value_usd": 17835503.553684436, "yoy_growth_pct": 5.977284300976882, "cagr_3y_pct": 13.587284235592524 }, { "year": 2017, "export_value_usd": 17356747.909334935, "yoy_growth_pct": -2.6842844268930133, "cagr_3y_pct": 12.531641607946419 }, { "year": 2018, "export_value_usd": 24281550.38452096, "yoy_growth_pct": 39.89688916010399, "cagr_3y_pct": 12.997267468907769 }, { "year": 2019, "export_value_usd": 22100066.472107824, "yoy_growth_pct": -8.984121186115823, "cagr_3y_pct": 7.407861094807089 }, { "year": 2020, "export_value_usd": 18961558.869735077, "yoy_growth_pct": -14.201349151296949, "cagr_3y_pct": 2.9916211644250623 }, { "year": 2021, "export_value_usd": 21040584.315840807, "yoy_growth_pct": 10.964422600422917, "cagr_3y_pct": -4.6632240505220075 }, { "year": 2022, "export_value_usd": 19807989.75133233, "yoy_growth_pct": -5.858176493608558, "cagr_3y_pct": -3.584037540675633 }, { "year": 2023, "export_value_usd": 15940041.983671634, "yoy_growth_pct": -19.52721006128616, "cagr_3y_pct": -5.621774517033606 }, { "year": 2024, "export_value_usd": 13583629.036521353, "yoy_growth_pct": -14.782978298075378, "cagr_3y_pct": -13.572356456963474 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "USA", "hs_code": "847170", "your_market_share_pct": 0.00003368359421604368, "your_share_change_pp": 0.00003368359421604368, "market_imports_usd": 8430026073.960695, "market_yoy_growth_pct": 36.82727840411093, "market_cagr_3y_pct": -1.430427, "top_supplier_iso3": "THA", "top_supplier_share_pct": 47.27393401126382, "your_share_gap_pp": 47.2739003276696, "num_suppliers": 111, "market_hhi": 2932.591202923653, "volatility_mean_usd": 2839.535775059599, "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": 69.06800526718287, "exporter_name": "MDV", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "NLD", "hs_code": "847150", "your_market_share_pct": 0.0000190989475777778, "your_share_change_pp": 0.0000190989475777778, "market_imports_usd": 5772386718.44455, "market_yoy_growth_pct": 67.42682345997497, "market_cagr_3y_pct": 17.329811, "top_supplier_iso3": "USA", "top_supplier_share_pct": 38.855328671730035, "your_share_gap_pp": 38.85530957278246, "num_suppliers": 108, "market_hhi": 2002.5560917329772, "volatility_mean_usd": 1102.4651133423326, "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": 60.85517214510673, "exporter_name": "MDV", "importer_name": "NLD", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "JPN", "hs_code": "711319", "your_market_share_pct": 0.0009124335040890343, "your_share_change_pp": 0.0009124335040890343, "market_imports_usd": 3068692982.5203876, "market_yoy_growth_pct": 22.594558422379407, "market_cagr_3y_pct": 21.486002, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 27.143818011403116, "your_share_gap_pp": 27.14290557789903, "num_suppliers": 72, "market_hhi": 1770.1157706398371, "volatility_mean_usd": 27999.78291014507, "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": 88.94340349027462, "exporter_name": "MDV", "importer_name": "Japan", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "ITA", "hs_code": "640399", "your_market_share_pct": 0.0001522659888818732, "your_share_change_pp": 0.0001522659888818732, "market_imports_usd": 1765497582.3410094, "market_yoy_growth_pct": 5.20282970595316, "market_cagr_3y_pct": 12.027065, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 14.900595552648376, "your_share_gap_pp": 14.900443286659494, "num_suppliers": 105, "market_hhi": 787.2611095636936, "volatility_mean_usd": 2688.2523524371018, "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": 68.59263114397291, "exporter_name": "MDV", "importer_name": "Italy", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "NLD", "hs_code": "847149", "your_market_share_pct": 0.00006912815740712505, "your_share_change_pp": 0.00006912815740712505, "market_imports_usd": 1748015159.2876987, "market_yoy_growth_pct": 71.14983022523606, "market_cagr_3y_pct": 16.010532, "top_supplier_iso3": "POL", "top_supplier_share_pct": 39.347906725434186, "your_share_gap_pp": 39.34783759727678, "num_suppliers": 82, "market_hhi": 2888.1273565425613, "volatility_mean_usd": 1208.370670812808, "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": 61.651188641135064, "exporter_name": "MDV", "importer_name": "NLD", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "THA", "hs_code": "760200", "your_market_share_pct": 0.000075635624292955, "your_share_change_pp": 0.000075635624292955, "market_imports_usd": 1464014994.7319703, "market_yoy_growth_pct": 48.47384377107138, "market_cagr_3y_pct": 34.914623, "top_supplier_iso3": "USA", "top_supplier_share_pct": 37.65032641676974, "your_share_gap_pp": 37.650250781145445, "num_suppliers": 114, "market_hhi": 1636.6963558537411, "volatility_mean_usd": 1107.316881007998, "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": 60.89327896232052, "exporter_name": "MDV", "importer_name": "Thailand", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "TWN", "hs_code": "847130", "your_market_share_pct": 0.0007329317876078273, "your_share_change_pp": 0.0007329317876078273, "market_imports_usd": 1234082382.6353264, "market_yoy_growth_pct": 9.312498270986502, "market_cagr_3y_pct": -10.226899, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 93.10284394315616, "your_share_gap_pp": 93.10211101136855, "num_suppliers": 56, "market_hhi": 8689.952106958212, "volatility_mean_usd": 9044.982067602365, "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": 79.12911444965044, "exporter_name": "MDV", "importer_name": "Taiwan", "published": true }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "FRA", "hs_code": "640299", "your_market_share_pct": 0.00006303689291671256, "your_share_change_pp": 0.00006303689291671256, "market_imports_usd": 1132013230.3274589, "market_yoy_growth_pct": 1.8530794549937335, "market_cagr_3y_pct": 2.354408, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 37.513869693335515, "your_share_gap_pp": 37.5138066564426, "num_suppliers": 125, "market_hhi": 1891.1440928063946, "volatility_mean_usd": 713.585967804539, "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": 57.08108967575854, "exporter_name": "MDV", "importer_name": "France", "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": "Germany", "imports": "$1.2B", "year": 2024, "annualChange": "+0.1%" }, "exporterPosition": { "exporter": "MDV", "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": "$1.2B", "projectionThreeYears": "$1.3B", "supplierCount": "89", "averageImports": "$846.7M", "historicalPeak": "$1.6B", "fullHistoryGrowth": "+3.5%", "latestAnnualChange": "+0.1%" }, "competition": { "topSupplier": { "country": "CHN", "iso3": "CHN", "share": "47.2%" }, "marketConcentrationHhi": "2,519", "exporterShare": "0.0%", "shareGap": "47.2%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "8,042 km", "tradeAgreement": "Not reported", "businessEntryTime": "8 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$50.8K", "gdpPerPersonGrowth": "+4.6%", "populationThousands": "83,129", "gdp": "$4.2T", "gdpFiveYearCagr": "Not reported", "investmentRate": "22.1%", "savingsRate": "27.7%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 9849.945937893115, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 5379942.866907656, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 7716091.019123169, "yoy_growth_pct": 43.42328924318688, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 4270668.236388017, "yoy_growth_pct": -44.65243831619132, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 4616657.704004572, "yoy_growth_pct": 8.101529982323807, "cagr_3y_pct": -4.97234682228147 }, { "year": 1999, "export_value_usd": 6006070.641661748, "yoy_growth_pct": 30.095645524076332, "cagr_3y_pct": -8.012030757725231 }, { "year": 2000, "export_value_usd": 8305696.211166151, "yoy_growth_pct": 38.288353679239215, "cagr_3y_pct": 24.822651151858487 }, { "year": 2001, "export_value_usd": 6228902.983815696, "yoy_growth_pct": -25.00444483580342, "cagr_3y_pct": 10.499750407590769 }, { "year": 2002, "export_value_usd": 3838979.8672348415, "yoy_growth_pct": -38.3682828708441, "cagr_3y_pct": -13.859286198576049 }, { "year": 2003, "export_value_usd": 3900911.0611053184, "yoy_growth_pct": 1.6132200744018332, "cagr_3y_pct": -22.26856795176402 }, { "year": 2004, "export_value_usd": 4285832.297132763, "yoy_growth_pct": 9.867470188319993, "cagr_3y_pct": -11.717517802389954 }, { "year": 2005, "export_value_usd": 4032032.2876409492, "yoy_growth_pct": -5.921837157781629, "cagr_3y_pct": 1.6489091181819626 }, { "year": 2006, "export_value_usd": 4772981.736114853, "yoy_growth_pct": 18.37657527557688, "cagr_3y_pct": 6.956678581111597 }, { "year": 2007, "export_value_usd": 4032876.4818842523, "yoy_growth_pct": -15.506140503965915, "cagr_3y_pct": -2.007407138519013 }, { "year": 2008, "export_value_usd": 5342520.373712427, "yoy_growth_pct": 32.47418803206883, "cagr_3y_pct": 9.834993486852683 }, { "year": 2009, "export_value_usd": 3780708.9762728643, "yoy_growth_pct": -29.233606765907126, "cagr_3y_pct": -7.474560087725157 }, { "year": 2010, "export_value_usd": 2880759.4599803514, "yoy_growth_pct": -23.803723638620554, "cagr_3y_pct": -10.608266625668383 }, { "year": 2011, "export_value_usd": 8532700.56621344, "yoy_growth_pct": 196.1962178637309, "cagr_3y_pct": 16.890739489619122 }, { "year": 2012, "export_value_usd": 10137112.051562602, "yoy_growth_pct": 18.803091388230353, "cagr_3y_pct": 38.92497678197104 }, { "year": 2013, "export_value_usd": 12170158.295798566, "yoy_growth_pct": 20.055477673471866, "cagr_3y_pct": 61.65770542745788 }, { "year": 2014, "export_value_usd": 12179918.78946764, "yoy_growth_pct": 0.08020021951928857, "cagr_3y_pct": 12.595049383516365 }, { "year": 2015, "export_value_usd": 16829553.30600034, "yoy_growth_pct": 38.17459374649843, "cagr_3y_pct": 18.409381869590334 }, { "year": 2016, "export_value_usd": 17835503.553684436, "yoy_growth_pct": 5.977284300976882, "cagr_3y_pct": 13.587284235592524 }, { "year": 2017, "export_value_usd": 17356747.909334935, "yoy_growth_pct": -2.6842844268930133, "cagr_3y_pct": 12.531641607946419 }, { "year": 2018, "export_value_usd": 24281550.38452096, "yoy_growth_pct": 39.89688916010399, "cagr_3y_pct": 12.997267468907769 }, { "year": 2019, "export_value_usd": 22100066.472107824, "yoy_growth_pct": -8.984121186115823, "cagr_3y_pct": 7.407861094807089 }, { "year": 2020, "export_value_usd": 18961558.869735077, "yoy_growth_pct": -14.201349151296949, "cagr_3y_pct": 2.9916211644250623 }, { "year": 2021, "export_value_usd": 21040584.315840807, "yoy_growth_pct": 10.964422600422917, "cagr_3y_pct": -4.6632240505220075 }, { "year": 2022, "export_value_usd": 19807989.75133233, "yoy_growth_pct": -5.858176493608558, "cagr_3y_pct": -3.584037540675633 }, { "year": 2023, "export_value_usd": 15940041.983671634, "yoy_growth_pct": -19.52721006128616, "cagr_3y_pct": -5.621774517033606 }, { "year": 2024, "export_value_usd": 13583629.036521353, "yoy_growth_pct": -14.782978298075378, "cagr_3y_pct": -13.572356456963474 } ], "routeHistoryScope": "Broader MDV to Germany route exports, not only HS 940510." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "USA", "hs_code": "847170", "your_market_share_pct": 0.00003368359421604368, "your_share_change_pp": 0.00003368359421604368, "market_imports_usd": 8430026073.960695, "market_yoy_growth_pct": 36.82727840411093, "market_cagr_3y_pct": -1.430427, "top_supplier_iso3": "THA", "top_supplier_share_pct": 47.27393401126382, "your_share_gap_pp": 47.2739003276696, "num_suppliers": 111, "market_hhi": 2932.591202923653, "volatility_mean_usd": 2839.535775059599, "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": 69.06800526718287, "exporter_name": "MDV", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-usa-847170" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "NLD", "hs_code": "847150", "your_market_share_pct": 0.0000190989475777778, "your_share_change_pp": 0.0000190989475777778, "market_imports_usd": 5772386718.44455, "market_yoy_growth_pct": 67.42682345997497, "market_cagr_3y_pct": 17.329811, "top_supplier_iso3": "USA", "top_supplier_share_pct": 38.855328671730035, "your_share_gap_pp": 38.85530957278246, "num_suppliers": 108, "market_hhi": 2002.5560917329772, "volatility_mean_usd": 1102.4651133423326, "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": 60.85517214510673, "exporter_name": "MDV", "importer_name": "NLD", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-nld-847150" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "JPN", "hs_code": "711319", "your_market_share_pct": 0.0009124335040890343, "your_share_change_pp": 0.0009124335040890343, "market_imports_usd": 3068692982.5203876, "market_yoy_growth_pct": 22.594558422379407, "market_cagr_3y_pct": 21.486002, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 27.143818011403116, "your_share_gap_pp": 27.14290557789903, "num_suppliers": 72, "market_hhi": 1770.1157706398371, "volatility_mean_usd": 27999.78291014507, "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": 88.94340349027462, "exporter_name": "MDV", "importer_name": "Japan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-jpn-711319" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "ITA", "hs_code": "640399", "your_market_share_pct": 0.0001522659888818732, "your_share_change_pp": 0.0001522659888818732, "market_imports_usd": 1765497582.3410094, "market_yoy_growth_pct": 5.20282970595316, "market_cagr_3y_pct": 12.027065, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 14.900595552648376, "your_share_gap_pp": 14.900443286659494, "num_suppliers": 105, "market_hhi": 787.2611095636936, "volatility_mean_usd": 2688.2523524371018, "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": 68.59263114397291, "exporter_name": "MDV", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-ita-640399" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "NLD", "hs_code": "847149", "your_market_share_pct": 0.00006912815740712505, "your_share_change_pp": 0.00006912815740712505, "market_imports_usd": 1748015159.2876987, "market_yoy_growth_pct": 71.14983022523606, "market_cagr_3y_pct": 16.010532, "top_supplier_iso3": "POL", "top_supplier_share_pct": 39.347906725434186, "your_share_gap_pp": 39.34783759727678, "num_suppliers": 82, "market_hhi": 2888.1273565425613, "volatility_mean_usd": 1208.370670812808, "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": 61.651188641135064, "exporter_name": "MDV", "importer_name": "NLD", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-nld-847149" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "THA", "hs_code": "760200", "your_market_share_pct": 0.000075635624292955, "your_share_change_pp": 0.000075635624292955, "market_imports_usd": 1464014994.7319703, "market_yoy_growth_pct": 48.47384377107138, "market_cagr_3y_pct": 34.914623, "top_supplier_iso3": "USA", "top_supplier_share_pct": 37.65032641676974, "your_share_gap_pp": 37.650250781145445, "num_suppliers": 114, "market_hhi": 1636.6963558537411, "volatility_mean_usd": 1107.316881007998, "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": 60.89327896232052, "exporter_name": "MDV", "importer_name": "Thailand", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-tha-760200" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "TWN", "hs_code": "847130", "your_market_share_pct": 0.0007329317876078273, "your_share_change_pp": 0.0007329317876078273, "market_imports_usd": 1234082382.6353264, "market_yoy_growth_pct": 9.312498270986502, "market_cagr_3y_pct": -10.226899, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 93.10284394315616, "your_share_gap_pp": 93.10211101136855, "num_suppliers": 56, "market_hhi": 8689.952106958212, "volatility_mean_usd": 9044.982067602365, "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": 79.12911444965044, "exporter_name": "MDV", "importer_name": "Taiwan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-twn-847130" }, { "year": 2024, "exporter_iso3": "MDV", "importer_iso3": "FRA", "hs_code": "640299", "your_market_share_pct": 0.00006303689291671256, "your_share_change_pp": 0.00006303689291671256, "market_imports_usd": 1132013230.3274589, "market_yoy_growth_pct": 1.8530794549937335, "market_cagr_3y_pct": 2.354408, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 37.513869693335515, "your_share_gap_pp": 37.5138066564426, "num_suppliers": 125, "market_hhi": 1891.1440928063946, "volatility_mean_usd": 713.585967804539, "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": 57.08108967575854, "exporter_name": "MDV", "importer_name": "France", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-fra-640299" } ], "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/940510", "workspace": "https://www.yugalinks.com/app?hs=940510", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-deu-940510/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-deu-940510/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-deu-940510/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": "2026-09-02T11:46:31.925Z" }