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      "volatility_mean_usd": 3334.8020163703573,
      "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": 70.46400533721923,
      "exporter_name": "Marshall Islands",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "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": "$1.6B",
        "year": 2024,
        "annualChange": "+7.2%"
      },
      "exporterPosition": {
        "exporter": "Marshall Islands",
        "routeExports": "$197.7",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "46/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$1.6B",
      "projectionThreeYears": "$1.9B",
      "supplierCount": "101",
      "averageImports": "$856.9M",
      "historicalPeak": "$1.7B",
      "fullHistoryGrowth": "+6.9%",
      "latestAnnualChange": "+7.2%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "57.3%"
      },
      "marketConcentrationHhi": "3,426",
      "exporterShare": "0.0%",
      "shareGap": "57.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "13,337 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "8 days",
      "sharedSpokenLanguageScore": "0.5"
    },
    "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": 197.7387672888402,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 9293.466907493967,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 65535.15687741349,
          "yoy_growth_pct": 605.1744793384689,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 2147.0455216041173,
          "yoy_growth_pct": -96.72382637975481,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 37808.6542286864,
          "yoy_growth_pct": 1660.9619287642538,
          "cagr_3y_pct": 59.63856704880604
        },
        {
          "year": 1999,
          "export_value_usd": 8119.126164193154,
          "yoy_growth_pct": -78.52574673754728,
          "cagr_3y_pct": -50.14849023646022
        },
        {
          "year": 2000,
          "export_value_usd": 96038.89872162309,
          "yoy_growth_pct": 1082.8723532487074,
          "cagr_3y_pct": 254.9784371097204
        },
        {
          "year": 2001,
          "export_value_usd": 60462163.57279623,
          "yoy_growth_pct": 62855.91096692076,
          "cagr_3y_pct": 1069.4028686806287
        },
        {
          "year": 2002,
          "export_value_usd": 6243727.05481747,
          "yoy_growth_pct": -89.67333174027084,
          "cagr_3y_pct": 816.1745141004983
        },
        {
          "year": 2003,
          "export_value_usd": 22189980.60835118,
          "yoy_growth_pct": 255.39639086609438,
          "cagr_3y_pct": 513.625290132018
        },
        {
          "year": 2004,
          "export_value_usd": 1081568.1845278754,
          "yoy_growth_pct": -95.1258714299154,
          "cagr_3y_pct": -73.84688601897194
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          "year": 2005,
          "export_value_usd": 226323142.9400089,
          "yoy_growth_pct": 20825.46232198973,
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          "year": 2006,
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          "year": 2007,
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        },
        {
          "year": 2008,
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          "cagr_3y_pct": -0.623514582197715
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          "year": 2009,
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          "yoy_growth_pct": -32.973079417687856,
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          "year": 2010,
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        {
          "year": 2011,
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        },
        {
          "year": 2013,
          "export_value_usd": 55647.361865477804,
          "yoy_growth_pct": 104.0969905773502,
          "cagr_3y_pct": -91.8007732500741
        },
        {
          "year": 2014,
          "export_value_usd": 8020.248929567737,
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          "cagr_3y_pct": -93.65282051552872
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        {
          "year": 2015,
          "export_value_usd": 10207621.691328114,
          "yoy_growth_pct": 127173.12806584257,
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        {
          "year": 2016,
          "export_value_usd": 2564.1993960343666,
          "yoy_growth_pct": -99.97487956084606,
          "cagr_3y_pct": -64.14890668189427
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        {
          "year": 2017,
          "export_value_usd": 15279095.748155022,
          "yoy_growth_pct": 595762.2317665598,
          "cagr_3y_pct": 1139.6619412237362
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        {
          "year": 2018,
          "export_value_usd": 49603797.64689927,
          "yoy_growth_pct": 224.65139602838744,
          "cagr_3y_pct": 69.38051682708006
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        {
          "year": 2019,
          "export_value_usd": 12778769.945881292,
          "yoy_growth_pct": -74.2383233702267,
          "cagr_3y_pct": 1608.0965652231391
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        {
          "year": 2020,
          "export_value_usd": 7286444.15751267,
          "yoy_growth_pct": -42.98008189856212,
          "cagr_3y_pct": -21.87212787099291
        },
        {
          "year": 2021,
          "export_value_usd": 196485631.53669244,
          "yoy_growth_pct": 2596.59146888687,
          "cagr_3y_pct": 58.22385321064731
        },
        {
          "year": 2022,
          "export_value_usd": 324458321.10646796,
          "yoy_growth_pct": 65.13081316374905,
          "cagr_3y_pct": 193.9160404498658
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        {
          "year": 2023,
          "export_value_usd": 105852594.64135715,
          "yoy_growth_pct": -67.37559564495724,
          "cagr_3y_pct": 144.00306910559718
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        {
          "year": 2024,
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          "cagr_3y_pct": 1.2827297239803137
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      ],
      "routeHistoryScope": "Broader Marshall Islands to Germany route exports, not only HS 940540."
    },
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      },
      {
        "year": 2024,
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        "hs_code": "401699",
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        "new_corridor_signal_strength": 70.46400533721923,
        "exporter_name": "Marshall Islands",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
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    ],
    "faq": [
      {
        "question": "What does a new corridor signal mean?",
        "answer": "It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales."
      },
      {
        "question": "Is the market opportunity reported trade?",
        "answer": "Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast."
      },
      {
        "question": "What should exporters check next?",
        "answer": "Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route."
      }
    ],
    "dataSources": {
      "publisher": "OECD",
      "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
      "year": 2025,
      "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)",
      "sourceUrl": "https://data-explorer.oecd.org/",
      "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
      "termsUrl": "https://www.oecd.org/termsandconditions/",
      "terms": "OECD Terms & Conditions",
      "accessed": "2026-09-02",
      "supportingSources": [
        {
          "publisher": "CEPII",
          "dataset": "BACI bilateral trade flows",
          "release": "202601",
          "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
          "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
          "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
          "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
          "license": "Etalab 2.0 Open Licence",
          "accessed": "2026-09-02"
        }
      ]
    }
  },
  "links": {
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