{ "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/mex-sau-230400", "seo": { "title": "Mexico to Saudi Arabia new corridor | HS 230400 | Yugalinks", "description": "Reported new-corridor signal for Mexico to Saudi Arabia in oil-cake and other solid residues (HS 230400), with market demand, growth, share, competition,...", "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": "MEX-SAU-HS 230400", "url": "https://www.yugalinks.com/trade/signal/new-corridor/mex-sau-230400" } ], "exporter": { "iso3": "MEX", "country_name": "Mexico" }, "importer": { "iso3": "SAU", "country_name": "Saudi Arabia" }, "hsCode": "230400", "product": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "SAU", "hs_code": "230400", "your_market_share_pct": 0.14350671485013589, "your_share_change_pp": 0.14350671485013589, "market_imports_usd": 719777224.6030345, "market_yoy_growth_pct": 40.49721133910595, "market_cagr_3y_pct": 27.308636, "top_supplier_iso3": "ARG", "top_supplier_share_pct": 80.37025082521103, "your_share_gap_pp": 80.2267441103609, "num_suppliers": 12, "market_hhi": 6656.934862182892, "volatility_mean_usd": 1032928.6492672989, "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": 100 }, "market": { "exporter_iso3": "MEX", "importer_iso3": "SAU", "hs_code": "230400", "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil", "hs_chapter": "23", "hs_heading": "2304", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 719777224.6030346, "buyer_imports_avg_usd": 239489155.00762168, "buyer_imports_peak_usd": 719777224.6030346, "buyer_cagr_full_pct": 7.5481, "buyer_yoy_avg_pct": 11.9087, "buyer_yoy_latest_pct": 40.4972, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 895376639.11, "buyer_imports_proj_5y_usd": 1035644886.13, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 1032928.6492672989, "exports_avg_usd": 1032928.6492672989, "exports_peak_usd": 1032928.6492672989, "share_latest_pct": 0.14350671485013589, "share_avg_pct": 0.14350671485013589, "share_peak_pct": 0.14350671485013589, "share_change_1y_pp": 0.14350671485013589, "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": 80.2267, "addressable_proj_3y_usd": 718331525.08, "addressable_proj_5y_usd": 830864172.69, "peer_best_share_pct": 80.37025082521103, "peer_top_exporter": "ARG", "num_suppliers_latest": 12, "buyer_herfindahl_index": 6656.93, "distance_km": 13895.681640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 10.4, "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": { "exporter_iso3": "MEX", "importer_iso3": "SAU", "hs_code": "230400", "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil", "hs_chapter": "23", "hs_heading": "2304", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 719777224.6030346, "buyer_imports_avg_usd": 239489155.00762168, "buyer_imports_peak_usd": 719777224.6030346, "buyer_cagr_full_pct": 7.5481, "buyer_yoy_avg_pct": 11.9087, "buyer_yoy_latest_pct": 40.4972, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 895376639.11, "buyer_imports_proj_5y_usd": 1035644886.13, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 1032928.6492672989, "exports_avg_usd": 1032928.6492672989, "exports_peak_usd": 1032928.6492672989, "share_latest_pct": 0.14350671485013589, "share_avg_pct": 0.14350671485013589, "share_peak_pct": 0.14350671485013589, "share_change_1y_pp": 0.14350671485013589, "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": 80.2267, "addressable_proj_3y_usd": 718331525.08, "addressable_proj_5y_usd": 830864172.69, "peer_best_share_pct": 80.37025082521103, "peer_top_exporter": "ARG", "num_suppliers_latest": 12, "buyer_herfindahl_index": 6656.93, "distance_km": 13895.681640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 10.4, "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_data_year": 2024, "avg_applied_tariff_pct": 9.920948249898988, "avg_mfn_tariff_pct": 9.920948249898988, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "rta_coverage_ratio": null, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 6.8811275779533165, "buyer_gdp_pc_5y_cagr_pct": 3.503293336407065, "buyer_population_5y_cagr_pct": 3.2635041192047964, "buyer_investment_5y_avg_pct": 26.332, "buyer_savings_5y_avg_pct": 43.605999999999995, "current_below_peak_usd": 0, "current_below_peak_pct": 0, "latest_vs_historical_avg_pct": 0, "share_change_all_pp": 0, "volatility_label": "Stable", "drawdown_label": "Near historical peak", "competition_label": "Concentrated buyer market", "demand_label": "Buyer demand stable or growing", "access_label": "Long-distance market without reported FTA", "macro_resilience_label": "Buyer macro trend resilient", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta", "limited_history" ], "risk_driver_count": 4, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "lane_access_data_available": true }, "productHistory": [ { "year": 2024, "export_value_usd": 1032928.6492672989, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 47049608.981690206, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 48748278.61090203, "yoy_growth_pct": 3.6103799074565623, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 121334568.01243484, "yoy_growth_pct": 148.90021036619677, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 143044288.18476945, "yoy_growth_pct": 17.892444443457943, "cagr_3y_pct": 44.86767856861484 }, { "year": 1999, "export_value_usd": 67278220.62597638, "yoy_growth_pct": -52.96685978885538, "cagr_3y_pct": 11.336715200879999 }, { "year": 2000, "export_value_usd": 104610919.33358169, "yoy_growth_pct": 55.490020931366615, "cagr_3y_pct": -4.823260380783645 }, { "year": 2001, "export_value_usd": 74381376.72077969, "yoy_growth_pct": -28.897119732220776, "cagr_3y_pct": -19.586080560241705 }, { "year": 2002, "export_value_usd": 69658448.86257237, "yoy_growth_pct": -6.349610704217968, "cagr_3y_pct": 1.165655742852123 }, { "year": 2003, "export_value_usd": 77274056.25094777, "yoy_growth_pct": 10.932783478139264, "cagr_3y_pct": -9.603372058012006 }, { "year": 2004, "export_value_usd": 90636172.85058498, "yoy_growth_pct": 17.291853498985077, "cagr_3y_pct": 6.810131278452802 }, { "year": 2005, "export_value_usd": 201348426.04873937, "yoy_growth_pct": 122.15018542394228, "cagr_3y_pct": 42.44858728188732 }, { "year": 2006, "export_value_usd": 310572807.54350334, "yoy_growth_pct": 54.246454088657536, "cagr_3y_pct": 58.99247603049487 }, { "year": 2007, "export_value_usd": 222230762.0057287, "yoy_growth_pct": -28.444874564686472, "cagr_3y_pct": 34.8448006212513 }, { "year": 2008, "export_value_usd": 260697726.49556902, "yoy_growth_pct": 17.309468834404097, "cagr_3y_pct": 8.992429890760523 }, { "year": 2009, "export_value_usd": 227170354.40551895, "yoy_growth_pct": -12.860630792888761, "cagr_3y_pct": -9.8990418908385 }, { "year": 2010, "export_value_usd": 204515039.50555733, "yoy_growth_pct": -9.972830723994864, "cagr_3y_pct": -2.731170072593503 }, { "year": 2011, "export_value_usd": 352595442.7104815, "yoy_growth_pct": 72.40563019860473, "cagr_3y_pct": 10.589310496937564 }, { "year": 2012, "export_value_usd": 552006567.2596514, "yoy_growth_pct": 56.555218926328465, "cagr_3y_pct": 34.44073031797754 }, { "year": 2013, "export_value_usd": 931719402.6665331, "yoy_growth_pct": 68.7877387567879, "cagr_3y_pct": 65.77535364602444 }, { "year": 2014, "export_value_usd": 1033304184.9708295, "yoy_growth_pct": 10.90293730210683, "cagr_3y_pct": 43.10357976404722 }, { "year": 2015, "export_value_usd": 737755449.1454711, "yoy_growth_pct": -28.602297380001595, "cagr_3y_pct": 10.15124083819099 }, { "year": 2016, "export_value_usd": 408751618.51528907, "yoy_growth_pct": -44.5952423680857, "cagr_3y_pct": -24.015539911347762 }, { "year": 2017, "export_value_usd": 364765252.5060731, "yoy_growth_pct": -10.76114785037131, "cagr_3y_pct": -29.325660648705387 }, { "year": 2018, "export_value_usd": 450134869.6556621, "yoy_growth_pct": 23.40398833580446, "cagr_3y_pct": -15.184203742765224 }, { "year": 2019, "export_value_usd": 611196783.9799892, "yoy_growth_pct": 35.78081263678461, "cagr_3y_pct": 14.351146963294802 }, { "year": 2020, "export_value_usd": 547711512.9198405, "yoy_growth_pct": -10.387042720798622, "cagr_3y_pct": 14.510717632023207 }, { "year": 2021, "export_value_usd": 571297255.8794303, "yoy_growth_pct": 4.306234651496488, "cagr_3y_pct": 8.269590387102376 }, { "year": 2022, "export_value_usd": 660705993.4393705, "yoy_growth_pct": 15.650125506433298, "cagr_3y_pct": 2.630330787563029 }, { "year": 2023, "export_value_usd": 1004409172.2731216, "yoy_growth_pct": 52.02059346314842, "cagr_3y_pct": 22.40136660400125 }, { "year": 2024, "export_value_usd": 1182699684.0596766, "yoy_growth_pct": 17.75078491000417, "cagr_3y_pct": 27.44929797304929 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "IDN", "hs_code": "100199", "your_market_share_pct": 0.000009799526366027075, "your_share_change_pp": 0.000009799526366027075, "market_imports_usd": 3199478015.918793, "market_yoy_growth_pct": -1.5842973869922616, "market_cagr_3y_pct": 1.564602, "top_supplier_iso3": "AUS", "top_supplier_share_pct": 28.072289506724037, "your_share_gap_pp": 28.07227970719767, "num_suppliers": 24, "market_hhi": 1925.0262932695318, "volatility_mean_usd": 313.5336917452021, "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": 49.953343447474865, "exporter_name": "Mexico", "importer_name": "Indonesia + Timor-Leste", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "AZE", "hs_code": "710813", "your_market_share_pct": 1.0242768744493467, "your_share_change_pp": 1.0242768744493467, "market_imports_usd": 2307713185.9028606, "market_yoy_growth_pct": 362134.70725268766, "market_cagr_3y_pct": 196.060486, "top_supplier_iso3": "GBR", "top_supplier_share_pct": 69.09954634876114, "your_share_gap_pp": 68.0752694743118, "num_suppliers": 10, "market_hhi": 5013.3738213750685, "volatility_mean_usd": 23637372.49182126, "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": 100, "exporter_name": "Mexico", "importer_name": "Azerbaijan", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "AUS", "hs_code": "300215", "your_market_share_pct": 0.001305349357264903, "your_share_change_pp": 0.001305349357264903, "market_imports_usd": 1924269023.8910828, "market_yoy_growth_pct": 5.53207721163369, "market_cagr_3y_pct": 1.343221, "top_supplier_iso3": "CHE", "top_supplier_share_pct": 23.431268549325864, "your_share_gap_pp": 23.4299631999686, "num_suppliers": 51, "market_hhi": 1488.9985308344385, "volatility_mean_usd": 25118.433335409867, "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": 88.00019676015634, "exporter_name": "Mexico", "importer_name": "AUS", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "GBR", "hs_code": "440131", "your_market_share_pct": 0.0010340659456372176, "your_share_change_pp": 0.0010340659456372176, "market_imports_usd": 1869102292.3410063, "market_yoy_growth_pct": 34.26528183648965, "market_cagr_3y_pct": 7.658521, "top_supplier_iso3": "USA", "top_supplier_share_pct": 75.38053277425854, "your_share_gap_pp": 75.37949870831291, "num_suppliers": 38, "market_hhi": 5862.700821547238, "volatility_mean_usd": 19327.75029422294, "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": 85.7240755100919, "exporter_name": "Mexico", "importer_name": "GBR", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "POL", "hs_code": "880240", "your_market_share_pct": 0.0000010846288133968523, "your_share_change_pp": 0.0000010846288133968523, "market_imports_usd": 1749890835.6343615, "market_yoy_growth_pct": 19.973735368404544, "market_cagr_3y_pct": 34.762652, "top_supplier_iso3": "USA", "top_supplier_share_pct": 84.62067090214903, "your_share_gap_pp": 84.62066981752022, "num_suppliers": 14, "market_hhi": 7226.567700891217, "volatility_mean_usd": 18.97982020628124, "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": 26.01183151586607, "exporter_name": "Mexico", "importer_name": "Poland", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "JPN", "hs_code": "290919", "your_market_share_pct": 0.02205165613249667, "your_share_change_pp": 0.02205165613249667, "market_imports_usd": 1441827810.2880015, "market_yoy_growth_pct": -16.684818734732243, "market_cagr_3y_pct": 4.427575, "top_supplier_iso3": "USA", "top_supplier_share_pct": 93.54653538063421, "your_share_gap_pp": 93.52448372450172, "num_suppliers": 21, "market_hhi": 8768.166947231219, "volatility_mean_usd": 317946.9107474165, "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": 100, "exporter_name": "Mexico", "importer_name": "Japan", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "ITA", "hs_code": "300220", "your_market_share_pct": 0.0000010734388614651683, "your_share_change_pp": 0.0000010734388614651683, "market_imports_usd": 1441099295.2635894, "market_yoy_growth_pct": 51.55078244293425, "market_cagr_3y_pct": -18.409582, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 40.03978672223505, "your_share_gap_pp": 40.03978564879619, "num_suppliers": 23, "market_hhi": 2563.767512622102, "volatility_mean_usd": 15.469319867660039, "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": 24.333513290230275, "exporter_name": "Mexico", "importer_name": "Italy", "published": true }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "KOR", "hs_code": "890120", "your_market_share_pct": 3.7440329825371514, "your_share_change_pp": 3.7440329825371514, "market_imports_usd": 1370410989.074824, "market_yoy_growth_pct": 132.18799200402634, "market_cagr_3y_pct": 31.69413, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 21.7789620075045, "your_share_gap_pp": 18.034929024967347, "num_suppliers": 19, "market_hhi": 1057.8441737575574, "volatility_mean_usd": 51308639.42727502, "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": 100, "exporter_name": "Mexico", "importer_name": "KOR", "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": "Saudi Arabia", "imports": "$719.8M", "year": 2024, "annualChange": "+40.5%" }, "exporterPosition": { "exporter": "Mexico", "routeExports": "$1.0M", "currentShare": "0.1%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "100/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$719.8M", "projectionThreeYears": "$895.4M", "supplierCount": "12", "averageImports": "$239.5M", "historicalPeak": "$719.8M", "fullHistoryGrowth": "+7.5%", "latestAnnualChange": "+40.5%" }, "competition": { "topSupplier": { "country": "ARG", "iso3": "ARG", "share": "80.4%" }, "marketConcentrationHhi": "6,657", "exporterShare": "0.1%", "shareGap": "80.2%" }, "access": { "appliedTariff": "9.9%", "mfnTariff": "9.9%", "preferentialTariff": "0.0%", "distance": "13,896 km", "tradeAgreement": "Not reported", "businessEntryTime": "10.4 days", "sharedSpokenLanguageScore": "0" }, "economy": { "gdpPerPerson": "$23.6K", "gdpPerPersonGrowth": "+3.5%", "populationThousands": "35,341", "gdp": "$833.5B", "gdpFiveYearCagr": "+6.9%", "investmentRate": "26.3%", "savingsRate": "44.2%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 1032928.6492672989, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 47049608.981690206, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 48748278.61090203, "yoy_growth_pct": 3.6103799074565623, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 121334568.01243484, "yoy_growth_pct": 148.90021036619677, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 143044288.18476945, "yoy_growth_pct": 17.892444443457943, "cagr_3y_pct": 44.86767856861484 }, { "year": 1999, "export_value_usd": 67278220.62597638, "yoy_growth_pct": -52.96685978885538, "cagr_3y_pct": 11.336715200879999 }, { "year": 2000, "export_value_usd": 104610919.33358169, "yoy_growth_pct": 55.490020931366615, "cagr_3y_pct": -4.823260380783645 }, { "year": 2001, "export_value_usd": 74381376.72077969, "yoy_growth_pct": -28.897119732220776, "cagr_3y_pct": -19.586080560241705 }, { "year": 2002, "export_value_usd": 69658448.86257237, "yoy_growth_pct": -6.349610704217968, "cagr_3y_pct": 1.165655742852123 }, { "year": 2003, "export_value_usd": 77274056.25094777, "yoy_growth_pct": 10.932783478139264, "cagr_3y_pct": -9.603372058012006 }, { "year": 2004, "export_value_usd": 90636172.85058498, "yoy_growth_pct": 17.291853498985077, "cagr_3y_pct": 6.810131278452802 }, { "year": 2005, "export_value_usd": 201348426.04873937, "yoy_growth_pct": 122.15018542394228, "cagr_3y_pct": 42.44858728188732 }, { "year": 2006, "export_value_usd": 310572807.54350334, "yoy_growth_pct": 54.246454088657536, "cagr_3y_pct": 58.99247603049487 }, { "year": 2007, "export_value_usd": 222230762.0057287, "yoy_growth_pct": -28.444874564686472, "cagr_3y_pct": 34.8448006212513 }, { "year": 2008, "export_value_usd": 260697726.49556902, "yoy_growth_pct": 17.309468834404097, "cagr_3y_pct": 8.992429890760523 }, { "year": 2009, "export_value_usd": 227170354.40551895, "yoy_growth_pct": -12.860630792888761, "cagr_3y_pct": -9.8990418908385 }, { "year": 2010, "export_value_usd": 204515039.50555733, "yoy_growth_pct": -9.972830723994864, "cagr_3y_pct": -2.731170072593503 }, { "year": 2011, "export_value_usd": 352595442.7104815, "yoy_growth_pct": 72.40563019860473, "cagr_3y_pct": 10.589310496937564 }, { "year": 2012, "export_value_usd": 552006567.2596514, "yoy_growth_pct": 56.555218926328465, "cagr_3y_pct": 34.44073031797754 }, { "year": 2013, "export_value_usd": 931719402.6665331, "yoy_growth_pct": 68.7877387567879, "cagr_3y_pct": 65.77535364602444 }, { "year": 2014, "export_value_usd": 1033304184.9708295, "yoy_growth_pct": 10.90293730210683, "cagr_3y_pct": 43.10357976404722 }, { "year": 2015, "export_value_usd": 737755449.1454711, "yoy_growth_pct": -28.602297380001595, "cagr_3y_pct": 10.15124083819099 }, { "year": 2016, "export_value_usd": 408751618.51528907, "yoy_growth_pct": -44.5952423680857, "cagr_3y_pct": -24.015539911347762 }, { "year": 2017, "export_value_usd": 364765252.5060731, "yoy_growth_pct": -10.76114785037131, "cagr_3y_pct": -29.325660648705387 }, { "year": 2018, "export_value_usd": 450134869.6556621, "yoy_growth_pct": 23.40398833580446, "cagr_3y_pct": -15.184203742765224 }, { "year": 2019, "export_value_usd": 611196783.9799892, "yoy_growth_pct": 35.78081263678461, "cagr_3y_pct": 14.351146963294802 }, { "year": 2020, "export_value_usd": 547711512.9198405, "yoy_growth_pct": -10.387042720798622, "cagr_3y_pct": 14.510717632023207 }, { "year": 2021, "export_value_usd": 571297255.8794303, "yoy_growth_pct": 4.306234651496488, "cagr_3y_pct": 8.269590387102376 }, { "year": 2022, "export_value_usd": 660705993.4393705, "yoy_growth_pct": 15.650125506433298, "cagr_3y_pct": 2.630330787563029 }, { "year": 2023, "export_value_usd": 1004409172.2731216, "yoy_growth_pct": 52.02059346314842, "cagr_3y_pct": 22.40136660400125 }, { "year": 2024, "export_value_usd": 1182699684.0596766, "yoy_growth_pct": 17.75078491000417, "cagr_3y_pct": 27.44929797304929 } ], "routeHistoryScope": "Broader Mexico to Saudi Arabia route exports, not only HS 230400." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "IDN", "hs_code": "100199", "your_market_share_pct": 0.000009799526366027075, "your_share_change_pp": 0.000009799526366027075, "market_imports_usd": 3199478015.918793, "market_yoy_growth_pct": -1.5842973869922616, "market_cagr_3y_pct": 1.564602, "top_supplier_iso3": "AUS", "top_supplier_share_pct": 28.072289506724037, "your_share_gap_pp": 28.07227970719767, "num_suppliers": 24, "market_hhi": 1925.0262932695318, "volatility_mean_usd": 313.5336917452021, "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": 49.953343447474865, "exporter_name": "Mexico", "importer_name": "Indonesia + Timor-Leste", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-idn-100199" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "AZE", "hs_code": "710813", "your_market_share_pct": 1.0242768744493467, "your_share_change_pp": 1.0242768744493467, "market_imports_usd": 2307713185.9028606, "market_yoy_growth_pct": 362134.70725268766, "market_cagr_3y_pct": 196.060486, "top_supplier_iso3": "GBR", "top_supplier_share_pct": 69.09954634876114, "your_share_gap_pp": 68.0752694743118, "num_suppliers": 10, "market_hhi": 5013.3738213750685, "volatility_mean_usd": 23637372.49182126, "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": 100, "exporter_name": "Mexico", "importer_name": "Azerbaijan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-aze-710813" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "AUS", "hs_code": "300215", "your_market_share_pct": 0.001305349357264903, "your_share_change_pp": 0.001305349357264903, "market_imports_usd": 1924269023.8910828, "market_yoy_growth_pct": 5.53207721163369, "market_cagr_3y_pct": 1.343221, "top_supplier_iso3": "CHE", "top_supplier_share_pct": 23.431268549325864, "your_share_gap_pp": 23.4299631999686, "num_suppliers": 51, "market_hhi": 1488.9985308344385, "volatility_mean_usd": 25118.433335409867, "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": 88.00019676015634, "exporter_name": "Mexico", "importer_name": "AUS", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-aus-300215" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "GBR", "hs_code": "440131", "your_market_share_pct": 0.0010340659456372176, "your_share_change_pp": 0.0010340659456372176, "market_imports_usd": 1869102292.3410063, "market_yoy_growth_pct": 34.26528183648965, "market_cagr_3y_pct": 7.658521, "top_supplier_iso3": "USA", "top_supplier_share_pct": 75.38053277425854, "your_share_gap_pp": 75.37949870831291, "num_suppliers": 38, "market_hhi": 5862.700821547238, "volatility_mean_usd": 19327.75029422294, "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": 85.7240755100919, "exporter_name": "Mexico", "importer_name": "GBR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-gbr-440131" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "POL", "hs_code": "880240", "your_market_share_pct": 0.0000010846288133968523, "your_share_change_pp": 0.0000010846288133968523, "market_imports_usd": 1749890835.6343615, "market_yoy_growth_pct": 19.973735368404544, "market_cagr_3y_pct": 34.762652, "top_supplier_iso3": "USA", "top_supplier_share_pct": 84.62067090214903, "your_share_gap_pp": 84.62066981752022, "num_suppliers": 14, "market_hhi": 7226.567700891217, "volatility_mean_usd": 18.97982020628124, "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": 26.01183151586607, "exporter_name": "Mexico", "importer_name": "Poland", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-pol-880240" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "JPN", "hs_code": "290919", "your_market_share_pct": 0.02205165613249667, "your_share_change_pp": 0.02205165613249667, "market_imports_usd": 1441827810.2880015, "market_yoy_growth_pct": -16.684818734732243, "market_cagr_3y_pct": 4.427575, "top_supplier_iso3": "USA", "top_supplier_share_pct": 93.54653538063421, "your_share_gap_pp": 93.52448372450172, "num_suppliers": 21, "market_hhi": 8768.166947231219, "volatility_mean_usd": 317946.9107474165, "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": 100, "exporter_name": "Mexico", "importer_name": "Japan", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-jpn-290919" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "ITA", "hs_code": "300220", "your_market_share_pct": 0.0000010734388614651683, "your_share_change_pp": 0.0000010734388614651683, "market_imports_usd": 1441099295.2635894, "market_yoy_growth_pct": 51.55078244293425, "market_cagr_3y_pct": -18.409582, "top_supplier_iso3": "IRL", "top_supplier_share_pct": 40.03978672223505, "your_share_gap_pp": 40.03978564879619, "num_suppliers": 23, "market_hhi": 2563.767512622102, "volatility_mean_usd": 15.469319867660039, "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": 24.333513290230275, "exporter_name": "Mexico", "importer_name": "Italy", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-ita-300220" }, { "year": 2024, "exporter_iso3": "MEX", "importer_iso3": "KOR", "hs_code": "890120", "your_market_share_pct": 3.7440329825371514, "your_share_change_pp": 3.7440329825371514, "market_imports_usd": 1370410989.074824, "market_yoy_growth_pct": 132.18799200402634, "market_cagr_3y_pct": 31.69413, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 21.7789620075045, "your_share_gap_pp": 18.034929024967347, "num_suppliers": 19, "market_hhi": 1057.8441737575574, "volatility_mean_usd": 51308639.42727502, "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": 100, "exporter_name": "Mexico", "importer_name": "KOR", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mex-kor-890120" } ], "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/230400", "workspace": "https://www.yugalinks.com/app?hs=230400", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mex-sau-230400/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/mex-sau-230400/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mex-sau-230400/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": "2026-09-02T11:46:13.269Z" }