{
  "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-jpn-711319",
  "seo": {
    "title": "MDV to Japan new corridor | HS 711319 | Yugalinks",
    "description": "Reported new-corridor signal for MDV to Japan in jewellery (HS 711319), 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": "MDV-JPN-HS 711319",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-jpn-711319"
    }
  ],
  "exporter": {
    "iso3": "MDV",
    "country_name": "MDV"
  },
  "importer": {
    "iso3": "JPN",
    "country_name": "Japan"
  },
  "hsCode": "711319",
  "product": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof",
  "latestYear": 2024,
  "signal": {
    "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
  },
  "market": {
    "exporter_iso3": "MDV",
    "importer_iso3": "JPN",
    "hs_code": "711319",
    "hs_description": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof",
    "hs_chapter": "71",
    "hs_heading": "7113",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -3.8260093,
    "buyer_imports_latest_usd": 3068692982.520386,
    "buyer_imports_avg_usd": 1346724680.8641698,
    "buyer_imports_peak_usd": 3068692982.520386,
    "buyer_cagr_full_pct": 3.9829,
    "buyer_yoy_avg_pct": 5.5175,
    "buyer_yoy_latest_pct": 22.5946,
    "buyer_trend_consistency_pct": 68.9655,
    "buyer_imports_proj_3y_usd": 3450162682.41,
    "buyer_imports_proj_5y_usd": 3730470949.19,
    "buyer_gdp_mn_latest": 4937421.880462,
    "buyer_gdp_pc_latest": 39285,
    "buyer_population_latest": 125681.595,
    "buyer_investment_rate": 24.79,
    "buyer_savings_rate": 24.61,
    "buyer_edu_secondary": 95.24,
    "buyer_gdp_mn_2030_proj": 5212707.45,
    "buyer_gdp_pc_2030_proj": 42775.62,
    "buyer_gdp_pc_growth_pct": 8.89,
    "buyer_gdp_mn_growth_pct": 5.58,
    "buyer_pop_growth_pct": -3.04,
    "exports_latest_usd": 27999.78291014507,
    "exports_avg_usd": 27999.78291014507,
    "exports_peak_usd": 27999.78291014507,
    "share_latest_pct": 0.0009124335040890345,
    "share_avg_pct": 0.0009124335040890345,
    "share_peak_pct": 0.0009124335040890345,
    "share_change_1y_pp": 0.0009124335040890345,
    "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": 27.1429,
    "addressable_proj_3y_usd": 936474399.17,
    "addressable_proj_5y_usd": 1012558207.35,
    "peer_best_share_pct": 27.14381801140313,
    "peer_top_exporter": "FRA",
    "num_suppliers_latest": 72,
    "buyer_herfindahl_index": 1770.12,
    "distance_km": 7611.87451171875,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 11.1,
    "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": "JPN",
    "hs_code": "711319"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 27999.78291014507,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 3378015.806579827,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 7187391.86351532,
      "yoy_growth_pct": 112.76963386362628,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 14623764.594075713,
      "yoy_growth_pct": 103.46413374660912,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 8985687.68946443,
      "yoy_growth_pct": -38.55420995285541,
      "cagr_3y_pct": 38.55744962738574
    },
    {
      "year": 1999,
      "export_value_usd": 3058349.9922315795,
      "yoy_growth_pct": -65.96420777212806,
      "cagr_3y_pct": -24.784856793270617
    },
    {
      "year": 2000,
      "export_value_usd": 3650210.8572565895,
      "yoy_growth_pct": 19.352293443470426,
      "cagr_3y_pct": -37.03687787629673
    },
    {
      "year": 2001,
      "export_value_usd": 4398833.311678964,
      "yoy_growth_pct": 20.509019442921183,
      "cagr_3y_pct": -21.187447161281348
    },
    {
      "year": 2002,
      "export_value_usd": 12825348.868769879,
      "yoy_growth_pct": 191.56251123947797,
      "cagr_3y_pct": 61.26025214713317
    },
    {
      "year": 2003,
      "export_value_usd": 13055894.205237646,
      "yoy_growth_pct": 1.7975755578014008,
      "cagr_3y_pct": 52.931244696377156
    },
    {
      "year": 2004,
      "export_value_usd": 16643115.32202902,
      "yoy_growth_pct": 27.4758745774172,
      "cagr_3y_pct": 55.823290987975625
    },
    {
      "year": 2005,
      "export_value_usd": 22113269.516062543,
      "yoy_growth_pct": 32.867369408857996,
      "cagr_3y_pct": 19.91161638924359
    },
    {
      "year": 2006,
      "export_value_usd": 20872344.04117974,
      "yoy_growth_pct": -5.611677974536622,
      "cagr_3y_pct": 16.92881116132938
    },
    {
      "year": 2007,
      "export_value_usd": 7936423.023261162,
      "yoy_growth_pct": -61.976369268333585,
      "cagr_3y_pct": -21.873795043906398
    },
    {
      "year": 2008,
      "export_value_usd": 5121957.841339343,
      "yoy_growth_pct": -35.462640709458114,
      "cagr_3y_pct": -38.586900950960235
    },
    {
      "year": 2009,
      "export_value_usd": 2807672.420779295,
      "yoy_growth_pct": -45.18360931988625,
      "cagr_3y_pct": -48.76205099557824
    },
    {
      "year": 2010,
      "export_value_usd": 1637332.3983248833,
      "yoy_growth_pct": -41.683638511132756,
      "cagr_3y_pct": -40.91135708261999
    },
    {
      "year": 2011,
      "export_value_usd": 5138258.462459332,
      "yoy_growth_pct": 213.81889637780117,
      "cagr_3y_pct": 0.10597093208852826
    },
    {
      "year": 2012,
      "export_value_usd": 4998535.055432744,
      "yoy_growth_pct": -2.7192755687052816,
      "cagr_3y_pct": 21.19892526610563
    },
    {
      "year": 2013,
      "export_value_usd": 7164217.053843373,
      "yoy_growth_pct": 43.326334103765475,
      "cagr_3y_pct": 63.56007207272671
    },
    {
      "year": 2014,
      "export_value_usd": 13533363.462034822,
      "yoy_growth_pct": 88.90219769059907,
      "cagr_3y_pct": 38.10092892785508
    },
    {
      "year": 2015,
      "export_value_usd": 9320540.852562822,
      "yoy_growth_pct": -31.129161802904658,
      "cagr_3y_pct": 23.083392312736194
    },
    {
      "year": 2016,
      "export_value_usd": 4353963.773142528,
      "yoy_growth_pct": -53.28636136018501,
      "cagr_3y_pct": -15.295719328603496
    },
    {
      "year": 2017,
      "export_value_usd": 4261598.358891147,
      "yoy_growth_pct": -2.12140980182558,
      "cagr_3y_pct": -31.966587252358714
    },
    {
      "year": 2018,
      "export_value_usd": 3293108.686861701,
      "yoy_growth_pct": -22.725972521761616,
      "cagr_3y_pct": -29.30506219503094
    },
    {
      "year": 2019,
      "export_value_usd": 2798426.909271738,
      "yoy_growth_pct": -15.021726418066983,
      "cagr_3y_pct": -13.700213952805452
    },
    {
      "year": 2020,
      "export_value_usd": 2696846.8656607764,
      "yoy_growth_pct": -3.629898042875701,
      "cagr_3y_pct": -14.145857138446882
    },
    {
      "year": 2021,
      "export_value_usd": 5657596.331663053,
      "yoy_growth_pct": 109.78559827411036,
      "cagr_3y_pct": 19.768321812173095
    },
    {
      "year": 2022,
      "export_value_usd": 3139947.795507855,
      "yoy_growth_pct": -44.50032113576287,
      "cagr_3y_pct": 3.912905064017047
    },
    {
      "year": 2023,
      "export_value_usd": 2563437.0675997874,
      "yoy_growth_pct": -18.36051951987382,
      "cagr_3y_pct": -1.6769237913999202
    },
    {
      "year": 2024,
      "export_value_usd": 2020874.1251812982,
      "yoy_growth_pct": -21.165448111683304,
      "cagr_3y_pct": -29.04727133907573
    }
  ],
  "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": "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": "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,
      "exporter_name": "MDV",
      "importer_name": "Germany",
      "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": "Japan",
        "imports": "$3.1B",
        "year": 2024,
        "annualChange": "+22.6%"
      },
      "exporterPosition": {
        "exporter": "MDV",
        "routeExports": "$28.0K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "89/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$3.1B",
      "projectionThreeYears": "$3.5B",
      "supplierCount": "72",
      "averageImports": "$1.3B",
      "historicalPeak": "$3.1B",
      "fullHistoryGrowth": "+4.0%",
      "latestAnnualChange": "+22.6%"
    },
    "competition": {
      "topSupplier": {
        "country": "France",
        "iso3": "FRA",
        "share": "27.1%"
      },
      "marketConcentrationHhi": "1,770",
      "exporterShare": "0.0%",
      "shareGap": "27.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "7,612 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "11.1 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$39.3K",
      "gdpPerPersonGrowth": "+8.9%",
      "populationThousands": "125,682",
      "gdp": "$4.9T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "24.8%",
      "savingsRate": "24.6%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 27999.78291014507,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 3378015.806579827,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 7187391.86351532,
          "yoy_growth_pct": 112.76963386362628,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 14623764.594075713,
          "yoy_growth_pct": 103.46413374660912,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 8985687.68946443,
          "yoy_growth_pct": -38.55420995285541,
          "cagr_3y_pct": 38.55744962738574
        },
        {
          "year": 1999,
          "export_value_usd": 3058349.9922315795,
          "yoy_growth_pct": -65.96420777212806,
          "cagr_3y_pct": -24.784856793270617
        },
        {
          "year": 2000,
          "export_value_usd": 3650210.8572565895,
          "yoy_growth_pct": 19.352293443470426,
          "cagr_3y_pct": -37.03687787629673
        },
        {
          "year": 2001,
          "export_value_usd": 4398833.311678964,
          "yoy_growth_pct": 20.509019442921183,
          "cagr_3y_pct": -21.187447161281348
        },
        {
          "year": 2002,
          "export_value_usd": 12825348.868769879,
          "yoy_growth_pct": 191.56251123947797,
          "cagr_3y_pct": 61.26025214713317
        },
        {
          "year": 2003,
          "export_value_usd": 13055894.205237646,
          "yoy_growth_pct": 1.7975755578014008,
          "cagr_3y_pct": 52.931244696377156
        },
        {
          "year": 2004,
          "export_value_usd": 16643115.32202902,
          "yoy_growth_pct": 27.4758745774172,
          "cagr_3y_pct": 55.823290987975625
        },
        {
          "year": 2005,
          "export_value_usd": 22113269.516062543,
          "yoy_growth_pct": 32.867369408857996,
          "cagr_3y_pct": 19.91161638924359
        },
        {
          "year": 2006,
          "export_value_usd": 20872344.04117974,
          "yoy_growth_pct": -5.611677974536622,
          "cagr_3y_pct": 16.92881116132938
        },
        {
          "year": 2007,
          "export_value_usd": 7936423.023261162,
          "yoy_growth_pct": -61.976369268333585,
          "cagr_3y_pct": -21.873795043906398
        },
        {
          "year": 2008,
          "export_value_usd": 5121957.841339343,
          "yoy_growth_pct": -35.462640709458114,
          "cagr_3y_pct": -38.586900950960235
        },
        {
          "year": 2009,
          "export_value_usd": 2807672.420779295,
          "yoy_growth_pct": -45.18360931988625,
          "cagr_3y_pct": -48.76205099557824
        },
        {
          "year": 2010,
          "export_value_usd": 1637332.3983248833,
          "yoy_growth_pct": -41.683638511132756,
          "cagr_3y_pct": -40.91135708261999
        },
        {
          "year": 2011,
          "export_value_usd": 5138258.462459332,
          "yoy_growth_pct": 213.81889637780117,
          "cagr_3y_pct": 0.10597093208852826
        },
        {
          "year": 2012,
          "export_value_usd": 4998535.055432744,
          "yoy_growth_pct": -2.7192755687052816,
          "cagr_3y_pct": 21.19892526610563
        },
        {
          "year": 2013,
          "export_value_usd": 7164217.053843373,
          "yoy_growth_pct": 43.326334103765475,
          "cagr_3y_pct": 63.56007207272671
        },
        {
          "year": 2014,
          "export_value_usd": 13533363.462034822,
          "yoy_growth_pct": 88.90219769059907,
          "cagr_3y_pct": 38.10092892785508
        },
        {
          "year": 2015,
          "export_value_usd": 9320540.852562822,
          "yoy_growth_pct": -31.129161802904658,
          "cagr_3y_pct": 23.083392312736194
        },
        {
          "year": 2016,
          "export_value_usd": 4353963.773142528,
          "yoy_growth_pct": -53.28636136018501,
          "cagr_3y_pct": -15.295719328603496
        },
        {
          "year": 2017,
          "export_value_usd": 4261598.358891147,
          "yoy_growth_pct": -2.12140980182558,
          "cagr_3y_pct": -31.966587252358714
        },
        {
          "year": 2018,
          "export_value_usd": 3293108.686861701,
          "yoy_growth_pct": -22.725972521761616,
          "cagr_3y_pct": -29.30506219503094
        },
        {
          "year": 2019,
          "export_value_usd": 2798426.909271738,
          "yoy_growth_pct": -15.021726418066983,
          "cagr_3y_pct": -13.700213952805452
        },
        {
          "year": 2020,
          "export_value_usd": 2696846.8656607764,
          "yoy_growth_pct": -3.629898042875701,
          "cagr_3y_pct": -14.145857138446882
        },
        {
          "year": 2021,
          "export_value_usd": 5657596.331663053,
          "yoy_growth_pct": 109.78559827411036,
          "cagr_3y_pct": 19.768321812173095
        },
        {
          "year": 2022,
          "export_value_usd": 3139947.795507855,
          "yoy_growth_pct": -44.50032113576287,
          "cagr_3y_pct": 3.912905064017047
        },
        {
          "year": 2023,
          "export_value_usd": 2563437.0675997874,
          "yoy_growth_pct": -18.36051951987382,
          "cagr_3y_pct": -1.6769237913999202
        },
        {
          "year": 2024,
          "export_value_usd": 2020874.1251812982,
          "yoy_growth_pct": -21.165448111683304,
          "cagr_3y_pct": -29.04727133907573
        }
      ],
      "routeHistoryScope": "Broader MDV to Japan route exports, not only HS 711319."
    },
    "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": "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": "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,
        "exporter_name": "MDV",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-deu-940510"
      },
      {
        "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/711319",
    "workspace": "https://www.yugalinks.com/app?hs=711319",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-jpn-711319/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-jpn-711319/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mdv-jpn-711319/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": "2026-09-02T11:46:34.462Z"
}