{
  "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/mlt-aze-271012",
  "seo": {
    "title": "MLT to Azerbaijan new corridor | HS 271012 | Yugalinks",
    "description": "Reported new-corridor signal for MLT to Azerbaijan in hs 271012 (HS 271012), 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": "MLT-AZE-HS 271012",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-aze-271012"
    }
  ],
  "exporter": {
    "iso3": "MLT",
    "country_name": "MLT"
  },
  "importer": {
    "iso3": "AZE",
    "country_name": "Azerbaijan"
  },
  "hsCode": "271012",
  "product": "HS 271012",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "MLT",
    "importer_iso3": "AZE",
    "hs_code": "271012",
    "your_market_share_pct": 0.6300103730955887,
    "your_share_change_pp": 0.6300103730955887,
    "market_imports_usd": 247841245.96061948,
    "market_yoy_growth_pct": 88.38519284037092,
    "market_cagr_3y_pct": 34.206205,
    "top_supplier_iso3": "RUS",
    "top_supplier_share_pct": 55.01123602672282,
    "your_share_gap_pp": 54.38122565362723,
    "num_suppliers": 31,
    "market_hhi": 3782.0745468262335,
    "volatility_mean_usd": 1561425.5583612546,
    "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": "MLT",
    "importer_iso3": "AZE",
    "hs_code": "271012",
    "hs_description": "",
    "hs_chapter": "",
    "hs_heading": "",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 247841245.9606195,
    "buyer_imports_avg_usd": 49638201.023880154,
    "buyer_imports_peak_usd": 341319846.53962606,
    "buyer_cagr_full_pct": 16.3469,
    "buyer_yoy_avg_pct": 1424.962,
    "buyer_yoy_latest_pct": 88.3852,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 390335943.93,
    "buyer_imports_proj_5y_usd": 528382614.05,
    "buyer_gdp_mn_latest": 54622.176471,
    "buyer_gdp_pc_latest": 5384,
    "buyer_population_latest": 10145.212,
    "buyer_investment_rate": 29.03,
    "buyer_savings_rate": 40.38,
    "buyer_edu_secondary": 93.02,
    "buyer_gdp_mn_2030_proj": 63427.11,
    "buyer_gdp_pc_2030_proj": 6074.69,
    "buyer_gdp_pc_growth_pct": 12.83,
    "buyer_gdp_mn_growth_pct": 16.12,
    "buyer_pop_growth_pct": 2.92,
    "exports_latest_usd": 1561425.5583612546,
    "exports_avg_usd": 1561425.5583612546,
    "exports_peak_usd": 1561425.5583612546,
    "share_latest_pct": 0.6300103730955887,
    "share_avg_pct": 0.6300103730955887,
    "share_peak_pct": 0.6300103730955887,
    "share_change_1y_pp": 0.6300103730955887,
    "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": 54.3812,
    "addressable_proj_3y_usd": 212269470.48,
    "addressable_proj_5y_usd": 287340941.66,
    "peer_best_share_pct": 55.01123602672281,
    "peer_top_exporter": "RUS",
    "num_suppliers_latest": 31,
    "buyer_herfindahl_index": 3782.07,
    "distance_km": 3113.292236328125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 3.5,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 0,
    "lane_volatility_cv": 0,
    "lane_max_drawdown_pct": 0,
    "signal_flag": "Declining",
    "lane_data_years": 1,
    "lane_last_year": 2024
  },
  "access": {
    "exporter_iso3": "MLT",
    "importer_iso3": "AZE",
    "hs_code": "271012",
    "hs_description": "",
    "hs_chapter": "",
    "hs_heading": "",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 247841245.9606195,
    "buyer_imports_avg_usd": 49638201.023880154,
    "buyer_imports_peak_usd": 341319846.53962606,
    "buyer_cagr_full_pct": 16.3469,
    "buyer_yoy_avg_pct": 1424.962,
    "buyer_yoy_latest_pct": 88.3852,
    "buyer_trend_consistency_pct": 55.1724,
    "buyer_imports_proj_3y_usd": 390335943.93,
    "buyer_imports_proj_5y_usd": 528382614.05,
    "buyer_gdp_mn_latest": 54622.176471,
    "buyer_gdp_pc_latest": 5384,
    "buyer_population_latest": 10145.212,
    "buyer_investment_rate": 29.03,
    "buyer_savings_rate": 40.38,
    "buyer_edu_secondary": 93.02,
    "buyer_gdp_mn_2030_proj": 63427.11,
    "buyer_gdp_pc_2030_proj": 6074.69,
    "buyer_gdp_pc_growth_pct": 12.83,
    "buyer_gdp_mn_growth_pct": 16.12,
    "buyer_pop_growth_pct": 2.92,
    "exports_latest_usd": 1561425.5583612546,
    "exports_avg_usd": 1561425.5583612546,
    "exports_peak_usd": 1561425.5583612546,
    "share_latest_pct": 0.6300103730955887,
    "share_avg_pct": 0.6300103730955887,
    "share_peak_pct": 0.6300103730955887,
    "share_change_1y_pp": 0.6300103730955887,
    "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": 54.3812,
    "addressable_proj_3y_usd": 212269470.48,
    "addressable_proj_5y_usd": 287340941.66,
    "peer_best_share_pct": 55.01123602672281,
    "peer_top_exporter": "RUS",
    "num_suppliers_latest": 31,
    "buyer_herfindahl_index": 3782.07,
    "distance_km": 3113.292236328125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 3.5,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 0,
    "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": 9.781613727203068,
    "avg_mfn_tariff_pct": 9.781613727203068,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "rta_coverage_ratio": null,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 9.0569535704234,
    "buyer_gdp_pc_5y_cagr_pct": 8.672559409025471,
    "buyer_population_5y_cagr_pct": 0.35371777704353846,
    "buyer_investment_5y_avg_pct": 29.036,
    "buyer_savings_5y_avg_pct": 40.227999999999994,
    "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": "Standard market access",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "concentrated_buyer_market",
      "dominant_supplier",
      "limited_history"
    ],
    "risk_driver_count": 3,
    "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": 1561425.5583612546,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 21579.70451130501,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 11671.87780199498,
      "yoy_growth_pct": -45.91270795260238,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 215490.05523280683,
      "yoy_growth_pct": 1746.2329617259602,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "export_value_usd": 43463.6448166839,
      "yoy_growth_pct": -79.83032452716785,
      "cagr_3y_pct": 26.287456514854647
    },
    {
      "year": 2000,
      "export_value_usd": 77536.22332115867,
      "yoy_growth_pct": 78.39328396912471,
      "cagr_3y_pct": 87.98418062182336
    },
    {
      "year": 2001,
      "export_value_usd": 198056.1843648287,
      "yoy_growth_pct": 155.43697626910546,
      "cagr_3y_pct": -2.772961279519859
    },
    {
      "year": 2003,
      "export_value_usd": 47.692524247897,
      "yoy_growth_pct": -99.97591969955351,
      "cagr_3y_pct": -89.68566129634252
    },
    {
      "year": 2004,
      "export_value_usd": 1639.6936490449295,
      "yoy_growth_pct": 3338.051717544038,
      "cagr_3y_pct": -72.34633544804933
    },
    {
      "year": 2005,
      "export_value_usd": 174493.60574621518,
      "yoy_growth_pct": 10541.841898201672,
      "cagr_3y_pct": -4.134199508717373
    },
    {
      "year": 2006,
      "export_value_usd": 143822.2353651571,
      "yoy_growth_pct": -17.57736064304084,
      "cagr_3y_pct": 1344.7473563290148
    },
    {
      "year": 2007,
      "export_value_usd": 410078.93426950293,
      "yoy_growth_pct": 185.12902280258268,
      "cagr_3y_pct": 530.0401823790456
    },
    {
      "year": 2008,
      "export_value_usd": 109433.32573412138,
      "yoy_growth_pct": -73.31408258532927,
      "cagr_3y_pct": -14.403364663397944
    },
    {
      "year": 2009,
      "export_value_usd": 95010.29377571876,
      "yoy_growth_pct": -13.179743795271959,
      "cagr_3y_pct": -12.907342589152782
    },
    {
      "year": 2010,
      "export_value_usd": 331039.6723174771,
      "yoy_growth_pct": 248.4250591824599,
      "cagr_3y_pct": -6.888313184559259
    },
    {
      "year": 2011,
      "export_value_usd": 343045.51376775256,
      "yoy_growth_pct": 3.626707749626301,
      "cagr_3y_pct": 46.35269207037427
    },
    {
      "year": 2012,
      "export_value_usd": 206800.56858052497,
      "yoy_growth_pct": -39.71628828222124,
      "cagr_3y_pct": 29.596624266284287
    },
    {
      "year": 2013,
      "export_value_usd": 586533.1624456905,
      "yoy_growth_pct": 183.6226062972856,
      "cagr_3y_pct": 21.00523967518857
    },
    {
      "year": 2014,
      "export_value_usd": 706723.3279732353,
      "yoy_growth_pct": 20.491623189110598,
      "cagr_3y_pct": 27.242607710249512
    },
    {
      "year": 2015,
      "export_value_usd": 77219.91641913616,
      "yoy_growth_pct": -89.07352943328048,
      "cagr_3y_pct": -27.9900460961925
    },
    {
      "year": 2016,
      "export_value_usd": 77308.78650463758,
      "yoy_growth_pct": 0.1150870003783,
      "cagr_3y_pct": -49.10847932588908
    },
    {
      "year": 2017,
      "export_value_usd": 89006.83482316372,
      "yoy_growth_pct": 15.131589625746367,
      "cagr_3y_pct": -49.87458551874423
    },
    {
      "year": 2018,
      "export_value_usd": 67433.17774745927,
      "yoy_growth_pct": -24.23820273866203,
      "cagr_3y_pct": -4.416829294363844
    },
    {
      "year": 2019,
      "export_value_usd": 121440.82269031234,
      "yoy_growth_pct": 80.0906122874922,
      "cagr_3y_pct": 16.246159780428894
    },
    {
      "year": 2020,
      "export_value_usd": 173113.4088920567,
      "yoy_growth_pct": 42.54960157303547,
      "cagr_3y_pct": 24.82525167687197
    },
    {
      "year": 2021,
      "export_value_usd": 185422.26446118983,
      "yoy_growth_pct": 7.1102843204989385,
      "cagr_3y_pct": 40.09718795952637
    },
    {
      "year": 2022,
      "export_value_usd": 123046.5190704317,
      "yoy_growth_pct": -33.639835848199226,
      "cagr_3y_pct": 0.43880660273647454
    },
    {
      "year": 2023,
      "export_value_usd": 141146.33524516522,
      "yoy_growth_pct": 14.709734425216192,
      "cagr_3y_pct": -6.578615470948479
    },
    {
      "year": 2024,
      "export_value_usd": 1917169.0728364827,
      "yoy_growth_pct": 1258.2846975845607,
      "cagr_3y_pct": 117.85432082873739
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "IDN",
      "hs_code": "271012",
      "your_market_share_pct": 0.3218276934152795,
      "your_share_change_pp": 0.3218276934152795,
      "market_imports_usd": 12942143525.33797,
      "market_yoy_growth_pct": -9.990044613196103,
      "market_cagr_3y_pct": 5.508447,
      "top_supplier_iso3": "SGP",
      "top_supplier_share_pct": 57.870625366104115,
      "your_share_gap_pp": 57.548797672688835,
      "num_suppliers": 38,
      "market_hhi": 3856.437398680752,
      "volatility_mean_usd": 41651401.98609013,
      "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": "MLT",
      "importer_name": "Indonesia + Timor-Leste",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "POL",
      "hs_code": "300215",
      "your_market_share_pct": 0.0010184139776685545,
      "your_share_change_pp": 0.0010184139776685545,
      "market_imports_usd": 3198442970.4888005,
      "market_yoy_growth_pct": 49.05362045308963,
      "market_cagr_3y_pct": 27.327746,
      "top_supplier_iso3": "HUN",
      "top_supplier_share_pct": 24.36246400036036,
      "your_share_gap_pp": 24.361445586382693,
      "num_suppliers": 39,
      "market_hhi": 1574.1034678247852,
      "volatility_mean_usd": 32573.39027921527,
      "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": 90.25752590850564,
      "exporter_name": "MLT",
      "importer_name": "Poland",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "CHN",
      "hs_code": "290511",
      "your_market_share_pct": 1.0115773366492273e-7,
      "your_share_change_pp": 1.0115773366492273e-7,
      "market_imports_usd": 2695115126.33022,
      "market_yoy_growth_pct": -9.913816892133376,
      "market_cagr_3y_pct": -10.758931,
      "top_supplier_iso3": "OMN",
      "top_supplier_share_pct": 21.52225265922059,
      "your_share_gap_pp": 21.522252558062856,
      "num_suppliers": 36,
      "market_hhi": 1307.6200899661421,
      "volatility_mean_usd": 2.72631738145617,
      "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": 11.425596845584046,
      "exporter_name": "MLT",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "IDN",
      "hs_code": "851770",
      "your_market_share_pct": 0.000027352956221737617,
      "your_share_change_pp": 0.000027352956221737617,
      "market_imports_usd": 2573296240.393556,
      "market_yoy_growth_pct": 15.234959838376106,
      "market_cagr_3y_pct": -4.921728,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 67.74712365676666,
      "your_share_gap_pp": 67.74709630381044,
      "num_suppliers": 66,
      "market_hhi": 4819.833594065373,
      "volatility_mean_usd": 703.8725940904694,
      "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": 56.96221250482718,
      "exporter_name": "MLT",
      "importer_name": "Indonesia + Timor-Leste",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "USA",
      "hs_code": "293299",
      "your_market_share_pct": 0.00019983126078231721,
      "your_share_change_pp": 0.00019983126078231721,
      "market_imports_usd": 2379322875.36895,
      "market_yoy_growth_pct": -18.30793490560153,
      "market_cagr_3y_pct": -2.948683,
      "top_supplier_iso3": "IRL",
      "top_supplier_share_pct": 58.70961655530959,
      "your_share_gap_pp": 58.70941672404881,
      "num_suppliers": 49,
      "market_hhi": 3889.0013034280582,
      "volatility_mean_usd": 4754.630899931854,
      "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": 73.54416280478954,
      "exporter_name": "MLT",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "CHL",
      "hs_code": "851712",
      "your_market_share_pct": 0.0000505575203148153,
      "your_share_change_pp": 0.0000505575203148153,
      "market_imports_usd": 2004486082.805023,
      "market_yoy_growth_pct": 11.53893025307211,
      "market_cagr_3y_pct": -4.905172,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 65.81427690657698,
      "your_share_gap_pp": 65.81422634905667,
      "num_suppliers": 64,
      "market_hhi": 5073.322878970203,
      "volatility_mean_usd": 1013.4184585217948,
      "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": 60.12434286203913,
      "exporter_name": "MLT",
      "importer_name": "Chile",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "CHN",
      "hs_code": "390690",
      "your_market_share_pct": 0.0000868787552816491,
      "your_share_change_pp": 0.0000868787552816491,
      "market_imports_usd": 1972181257.8825772,
      "market_yoy_growth_pct": 14.434875912108925,
      "market_cagr_3y_pct": -3.995993,
      "top_supplier_iso3": "KOR",
      "top_supplier_share_pct": 33.69537393802524,
      "your_share_gap_pp": 33.69528705926996,
      "num_suppliers": 62,
      "market_hhi": 1806.2099278235657,
      "volatility_mean_usd": 1713.4065287463534,
      "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": 64.68227623805663,
      "exporter_name": "MLT",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MLT",
      "importer_iso3": "AUS",
      "hs_code": "300215",
      "your_market_share_pct": 0.004748934474535096,
      "your_share_change_pp": 0.004748934474535096,
      "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": 23.42651961485133,
      "num_suppliers": 51,
      "market_hhi": 1488.9985308344385,
      "volatility_mean_usd": 91382.27505836361,
      "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": 99.21733437102046,
      "exporter_name": "MLT",
      "importer_name": "AUS",
      "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": "Azerbaijan",
        "imports": "$247.8M",
        "year": 2024,
        "annualChange": "+88.4%"
      },
      "exporterPosition": {
        "exporter": "MLT",
        "routeExports": "$1.6M",
        "currentShare": "0.6%"
      }
    },
    "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": "$247.8M",
      "projectionThreeYears": "$390.3M",
      "supplierCount": "31",
      "averageImports": "$49.6M",
      "historicalPeak": "$341.3M",
      "fullHistoryGrowth": "+16.3%",
      "latestAnnualChange": "+88.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "Russian Federation",
        "iso3": "RUS",
        "share": "55.0%"
      },
      "marketConcentrationHhi": "3,782",
      "exporterShare": "0.6%",
      "shareGap": "54.4%"
    },
    "access": {
      "appliedTariff": "9.8%",
      "mfnTariff": "9.8%",
      "preferentialTariff": "0.0%",
      "distance": "3,113 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "3.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$5.4K",
      "gdpPerPersonGrowth": "+12.8%",
      "populationThousands": "10,145",
      "gdp": "$54.6B",
      "gdpFiveYearCagr": "+9.1%",
      "investmentRate": "29.0%",
      "savingsRate": "40.4%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 1561425.5583612546,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 21579.70451130501,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 11671.87780199498,
          "yoy_growth_pct": -45.91270795260238,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 215490.05523280683,
          "yoy_growth_pct": 1746.2329617259602,
          "cagr_3y_pct": null
        },
        {
          "year": 1999,
          "export_value_usd": 43463.6448166839,
          "yoy_growth_pct": -79.83032452716785,
          "cagr_3y_pct": 26.287456514854647
        },
        {
          "year": 2000,
          "export_value_usd": 77536.22332115867,
          "yoy_growth_pct": 78.39328396912471,
          "cagr_3y_pct": 87.98418062182336
        },
        {
          "year": 2001,
          "export_value_usd": 198056.1843648287,
          "yoy_growth_pct": 155.43697626910546,
          "cagr_3y_pct": -2.772961279519859
        },
        {
          "year": 2003,
          "export_value_usd": 47.692524247897,
          "yoy_growth_pct": -99.97591969955351,
          "cagr_3y_pct": -89.68566129634252
        },
        {
          "year": 2004,
          "export_value_usd": 1639.6936490449295,
          "yoy_growth_pct": 3338.051717544038,
          "cagr_3y_pct": -72.34633544804933
        },
        {
          "year": 2005,
          "export_value_usd": 174493.60574621518,
          "yoy_growth_pct": 10541.841898201672,
          "cagr_3y_pct": -4.134199508717373
        },
        {
          "year": 2006,
          "export_value_usd": 143822.2353651571,
          "yoy_growth_pct": -17.57736064304084,
          "cagr_3y_pct": 1344.7473563290148
        },
        {
          "year": 2007,
          "export_value_usd": 410078.93426950293,
          "yoy_growth_pct": 185.12902280258268,
          "cagr_3y_pct": 530.0401823790456
        },
        {
          "year": 2008,
          "export_value_usd": 109433.32573412138,
          "yoy_growth_pct": -73.31408258532927,
          "cagr_3y_pct": -14.403364663397944
        },
        {
          "year": 2009,
          "export_value_usd": 95010.29377571876,
          "yoy_growth_pct": -13.179743795271959,
          "cagr_3y_pct": -12.907342589152782
        },
        {
          "year": 2010,
          "export_value_usd": 331039.6723174771,
          "yoy_growth_pct": 248.4250591824599,
          "cagr_3y_pct": -6.888313184559259
        },
        {
          "year": 2011,
          "export_value_usd": 343045.51376775256,
          "yoy_growth_pct": 3.626707749626301,
          "cagr_3y_pct": 46.35269207037427
        },
        {
          "year": 2012,
          "export_value_usd": 206800.56858052497,
          "yoy_growth_pct": -39.71628828222124,
          "cagr_3y_pct": 29.596624266284287
        },
        {
          "year": 2013,
          "export_value_usd": 586533.1624456905,
          "yoy_growth_pct": 183.6226062972856,
          "cagr_3y_pct": 21.00523967518857
        },
        {
          "year": 2014,
          "export_value_usd": 706723.3279732353,
          "yoy_growth_pct": 20.491623189110598,
          "cagr_3y_pct": 27.242607710249512
        },
        {
          "year": 2015,
          "export_value_usd": 77219.91641913616,
          "yoy_growth_pct": -89.07352943328048,
          "cagr_3y_pct": -27.9900460961925
        },
        {
          "year": 2016,
          "export_value_usd": 77308.78650463758,
          "yoy_growth_pct": 0.1150870003783,
          "cagr_3y_pct": -49.10847932588908
        },
        {
          "year": 2017,
          "export_value_usd": 89006.83482316372,
          "yoy_growth_pct": 15.131589625746367,
          "cagr_3y_pct": -49.87458551874423
        },
        {
          "year": 2018,
          "export_value_usd": 67433.17774745927,
          "yoy_growth_pct": -24.23820273866203,
          "cagr_3y_pct": -4.416829294363844
        },
        {
          "year": 2019,
          "export_value_usd": 121440.82269031234,
          "yoy_growth_pct": 80.0906122874922,
          "cagr_3y_pct": 16.246159780428894
        },
        {
          "year": 2020,
          "export_value_usd": 173113.4088920567,
          "yoy_growth_pct": 42.54960157303547,
          "cagr_3y_pct": 24.82525167687197
        },
        {
          "year": 2021,
          "export_value_usd": 185422.26446118983,
          "yoy_growth_pct": 7.1102843204989385,
          "cagr_3y_pct": 40.09718795952637
        },
        {
          "year": 2022,
          "export_value_usd": 123046.5190704317,
          "yoy_growth_pct": -33.639835848199226,
          "cagr_3y_pct": 0.43880660273647454
        },
        {
          "year": 2023,
          "export_value_usd": 141146.33524516522,
          "yoy_growth_pct": 14.709734425216192,
          "cagr_3y_pct": -6.578615470948479
        },
        {
          "year": 2024,
          "export_value_usd": 1917169.0728364827,
          "yoy_growth_pct": 1258.2846975845607,
          "cagr_3y_pct": 117.85432082873739
        }
      ],
      "routeHistoryScope": "Broader MLT to Azerbaijan route exports, not only HS 271012."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "IDN",
        "hs_code": "271012",
        "your_market_share_pct": 0.3218276934152795,
        "your_share_change_pp": 0.3218276934152795,
        "market_imports_usd": 12942143525.33797,
        "market_yoy_growth_pct": -9.990044613196103,
        "market_cagr_3y_pct": 5.508447,
        "top_supplier_iso3": "SGP",
        "top_supplier_share_pct": 57.870625366104115,
        "your_share_gap_pp": 57.548797672688835,
        "num_suppliers": 38,
        "market_hhi": 3856.437398680752,
        "volatility_mean_usd": 41651401.98609013,
        "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": "MLT",
        "importer_name": "Indonesia + Timor-Leste",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-idn-271012"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "POL",
        "hs_code": "300215",
        "your_market_share_pct": 0.0010184139776685545,
        "your_share_change_pp": 0.0010184139776685545,
        "market_imports_usd": 3198442970.4888005,
        "market_yoy_growth_pct": 49.05362045308963,
        "market_cagr_3y_pct": 27.327746,
        "top_supplier_iso3": "HUN",
        "top_supplier_share_pct": 24.36246400036036,
        "your_share_gap_pp": 24.361445586382693,
        "num_suppliers": 39,
        "market_hhi": 1574.1034678247852,
        "volatility_mean_usd": 32573.39027921527,
        "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": 90.25752590850564,
        "exporter_name": "MLT",
        "importer_name": "Poland",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-pol-300215"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "CHN",
        "hs_code": "290511",
        "your_market_share_pct": 1.0115773366492273e-7,
        "your_share_change_pp": 1.0115773366492273e-7,
        "market_imports_usd": 2695115126.33022,
        "market_yoy_growth_pct": -9.913816892133376,
        "market_cagr_3y_pct": -10.758931,
        "top_supplier_iso3": "OMN",
        "top_supplier_share_pct": 21.52225265922059,
        "your_share_gap_pp": 21.522252558062856,
        "num_suppliers": 36,
        "market_hhi": 1307.6200899661421,
        "volatility_mean_usd": 2.72631738145617,
        "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": 11.425596845584046,
        "exporter_name": "MLT",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-chn-290511"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "IDN",
        "hs_code": "851770",
        "your_market_share_pct": 0.000027352956221737617,
        "your_share_change_pp": 0.000027352956221737617,
        "market_imports_usd": 2573296240.393556,
        "market_yoy_growth_pct": 15.234959838376106,
        "market_cagr_3y_pct": -4.921728,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 67.74712365676666,
        "your_share_gap_pp": 67.74709630381044,
        "num_suppliers": 66,
        "market_hhi": 4819.833594065373,
        "volatility_mean_usd": 703.8725940904694,
        "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": 56.96221250482718,
        "exporter_name": "MLT",
        "importer_name": "Indonesia + Timor-Leste",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-idn-851770"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "USA",
        "hs_code": "293299",
        "your_market_share_pct": 0.00019983126078231721,
        "your_share_change_pp": 0.00019983126078231721,
        "market_imports_usd": 2379322875.36895,
        "market_yoy_growth_pct": -18.30793490560153,
        "market_cagr_3y_pct": -2.948683,
        "top_supplier_iso3": "IRL",
        "top_supplier_share_pct": 58.70961655530959,
        "your_share_gap_pp": 58.70941672404881,
        "num_suppliers": 49,
        "market_hhi": 3889.0013034280582,
        "volatility_mean_usd": 4754.630899931854,
        "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": 73.54416280478954,
        "exporter_name": "MLT",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-usa-293299"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "CHL",
        "hs_code": "851712",
        "your_market_share_pct": 0.0000505575203148153,
        "your_share_change_pp": 0.0000505575203148153,
        "market_imports_usd": 2004486082.805023,
        "market_yoy_growth_pct": 11.53893025307211,
        "market_cagr_3y_pct": -4.905172,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 65.81427690657698,
        "your_share_gap_pp": 65.81422634905667,
        "num_suppliers": 64,
        "market_hhi": 5073.322878970203,
        "volatility_mean_usd": 1013.4184585217948,
        "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": 60.12434286203913,
        "exporter_name": "MLT",
        "importer_name": "Chile",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-chl-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "CHN",
        "hs_code": "390690",
        "your_market_share_pct": 0.0000868787552816491,
        "your_share_change_pp": 0.0000868787552816491,
        "market_imports_usd": 1972181257.8825772,
        "market_yoy_growth_pct": 14.434875912108925,
        "market_cagr_3y_pct": -3.995993,
        "top_supplier_iso3": "KOR",
        "top_supplier_share_pct": 33.69537393802524,
        "your_share_gap_pp": 33.69528705926996,
        "num_suppliers": 62,
        "market_hhi": 1806.2099278235657,
        "volatility_mean_usd": 1713.4065287463534,
        "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": 64.68227623805663,
        "exporter_name": "MLT",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-chn-390690"
      },
      {
        "year": 2024,
        "exporter_iso3": "MLT",
        "importer_iso3": "AUS",
        "hs_code": "300215",
        "your_market_share_pct": 0.004748934474535096,
        "your_share_change_pp": 0.004748934474535096,
        "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": 23.42651961485133,
        "num_suppliers": 51,
        "market_hhi": 1488.9985308344385,
        "volatility_mean_usd": 91382.27505836361,
        "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": 99.21733437102046,
        "exporter_name": "MLT",
        "importer_name": "AUS",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-aus-300215"
      }
    ],
    "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/271012",
    "workspace": "https://www.yugalinks.com/app?hs=271012",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-aze-271012/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-aze-271012/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mlt-aze-271012/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": "2026-09-02T11:46:40.179Z"
}