{
  "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/mng-jpn-854231",
  "seo": {
    "title": "MNG to Japan new corridor | HS 854231 | Yugalinks",
    "description": "Reported new-corridor signal for MNG to Japan in electronic integrated circuits (HS 854231), with market demand, growth, share, competition, access, and...",
    "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": "MNG-JPN-HS 854231",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/mng-jpn-854231"
    }
  ],
  "exporter": {
    "iso3": "MNG",
    "country_name": "MNG"
  },
  "importer": {
    "iso3": "JPN",
    "country_name": "Japan"
  },
  "hsCode": "854231",
  "product": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "MNG",
    "importer_iso3": "JPN",
    "hs_code": "854231",
    "your_market_share_pct": 0.00013544443218805143,
    "your_share_change_pp": 0.00013544443218805143,
    "market_imports_usd": 8417743430.722704,
    "market_yoy_growth_pct": -10.274405614119752,
    "market_cagr_3y_pct": 7.18524,
    "top_supplier_iso3": "TWN",
    "top_supplier_share_pct": 39.36314169910213,
    "your_share_gap_pp": 39.36300625466994,
    "num_suppliers": 88,
    "market_hhi": 1997.7873300526494,
    "volatility_mean_usd": 11401.364792789367,
    "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": 81.13989862313804
  },
  "market": {
    "exporter_iso3": "MNG",
    "importer_iso3": "JPN",
    "hs_code": "854231",
    "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits",
    "hs_chapter": "85",
    "hs_heading": "8542",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": -28.105183,
    "buyer_imports_latest_usd": 8417743430.722703,
    "buyer_imports_avg_usd": 5655511595.269786,
    "buyer_imports_peak_usd": 9381652457.514809,
    "buyer_cagr_full_pct": 2.2157,
    "buyer_yoy_avg_pct": 3.3129,
    "buyer_yoy_latest_pct": -10.2744,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 8989774830.75,
    "buyer_imports_proj_5y_usd": 9392565527.98,
    "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": 11401.364792789367,
    "exports_avg_usd": 11401.364792789367,
    "exports_peak_usd": 11401.364792789367,
    "share_latest_pct": 0.0001354444321880515,
    "share_avg_pct": 0.0001354444321880515,
    "share_peak_pct": 0.0001354444321880515,
    "share_change_1y_pp": 0.0001354444321880515,
    "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": 39.363,
    "addressable_proj_3y_usd": 3538645628.91,
    "addressable_proj_5y_usd": 3697196156.25,
    "peer_best_share_pct": 39.36314169910213,
    "peer_top_exporter": "TWN",
    "num_suppliers_latest": 88,
    "buyer_herfindahl_index": 1997.79,
    "distance_km": 3018.841552734375,
    "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": "MNG",
    "importer_iso3": "JPN",
    "hs_code": "854231"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 11401.364792789367,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 77555285.85529451,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 76099891.45821504,
      "yoy_growth_pct": -1.8765895593435111,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 107521267.19885373,
      "yoy_growth_pct": 41.28964593581785,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 58535125.87666135,
      "yoy_growth_pct": -45.559490320734064,
      "cagr_3y_pct": -8.952424692512928
    },
    {
      "year": 1999,
      "export_value_usd": 8987827.379465505,
      "yoy_growth_pct": -84.64541205838756,
      "cagr_3y_pct": -50.936684227005124
    },
    {
      "year": 2000,
      "export_value_usd": 6954415.773184099,
      "yoy_growth_pct": -22.62406163837929,
      "cagr_3y_pct": -59.85894716326043
    },
    {
      "year": 2001,
      "export_value_usd": 9632360.81590917,
      "yoy_growth_pct": 38.507117349110764,
      "cagr_3y_pct": -45.201072102007245
    },
    {
      "year": 2002,
      "export_value_usd": 6454473.138997266,
      "yoy_growth_pct": -32.99178402519125,
      "cagr_3y_pct": -10.449360481308911
    },
    {
      "year": 2003,
      "export_value_usd": 6728798.67095189,
      "yoy_growth_pct": 4.250161493386306,
      "cagr_3y_pct": -1.0933192323019036
    },
    {
      "year": 2004,
      "export_value_usd": 8122538.807834152,
      "yoy_growth_pct": 20.713060459053633,
      "cagr_3y_pct": -5.524394456203385
    },
    {
      "year": 2005,
      "export_value_usd": 6463546.411680875,
      "yoy_growth_pct": -20.42455487628063,
      "cagr_3y_pct": 0.04683586235141313
    },
    {
      "year": 2006,
      "export_value_usd": 8439548.684893202,
      "yoy_growth_pct": 30.571487343872228,
      "cagr_3y_pct": 7.8434806333929075
    },
    {
      "year": 2007,
      "export_value_usd": 15646737.418837544,
      "yoy_growth_pct": 85.39779795150912,
      "cagr_3y_pct": 24.42586438243868
    },
    {
      "year": 2008,
      "export_value_usd": 29020760.619712796,
      "yoy_growth_pct": 85.47483633727944,
      "cagr_3y_pct": 64.97291176857189
    },
    {
      "year": 2009,
      "export_value_usd": 9225165.791695029,
      "yoy_growth_pct": -68.21184009412664,
      "cagr_3y_pct": 3.011327917947537
    },
    {
      "year": 2010,
      "export_value_usd": 21332178.693903334,
      "yoy_growth_pct": 131.23897364649713,
      "cagr_3y_pct": 10.884405628227057
    },
    {
      "year": 2011,
      "export_value_usd": 17410879.544847533,
      "yoy_growth_pct": -18.38208466806297,
      "cagr_3y_pct": -15.659279515984469
    },
    {
      "year": 2012,
      "export_value_usd": 19980315.121213343,
      "yoy_growth_pct": 14.757643746528547,
      "cagr_3y_pct": 29.38265271744138
    },
    {
      "year": 2013,
      "export_value_usd": 13590224.632505922,
      "yoy_growth_pct": -31.981930464765217,
      "cagr_3y_pct": -13.954042024521307
    },
    {
      "year": 2014,
      "export_value_usd": 20309330.68904572,
      "yoy_growth_pct": 49.44072845174783,
      "cagr_3y_pct": 5.266851472282563
    },
    {
      "year": 2015,
      "export_value_usd": 35779910.92193847,
      "yoy_growth_pct": 76.1747418945576,
      "cagr_3y_pct": 21.43549306336192
    },
    {
      "year": 2016,
      "export_value_usd": 15843495.515674148,
      "yoy_growth_pct": -55.71957808883281,
      "cagr_3y_pct": 5.246611760088404
    },
    {
      "year": 2017,
      "export_value_usd": 26066705.549381126,
      "yoy_growth_pct": 64.52622796271848,
      "cagr_3y_pct": 8.675132496126992
    },
    {
      "year": 2018,
      "export_value_usd": 29633618.172691934,
      "yoy_growth_pct": 13.683787606199793,
      "cagr_3y_pct": -6.089286125569093
    },
    {
      "year": 2019,
      "export_value_usd": 19187011.222339667,
      "yoy_growth_pct": -35.25255299394745,
      "cagr_3y_pct": 6.5905675788510365
    },
    {
      "year": 2020,
      "export_value_usd": 12242471.289815098,
      "yoy_growth_pct": -36.19396398975865,
      "cagr_3y_pct": -22.26898905884045
    },
    {
      "year": 2021,
      "export_value_usd": 24488371.40979974,
      "yoy_growth_pct": 100.02800766355398,
      "cagr_3y_pct": -6.15919148556835
    },
    {
      "year": 2022,
      "export_value_usd": 24816041.90231917,
      "yoy_growth_pct": 1.3380656763001486,
      "cagr_3y_pct": 8.953635993701425
    },
    {
      "year": 2023,
      "export_value_usd": 29136242.26632632,
      "yoy_growth_pct": 17.40890179430028,
      "cagr_3y_pct": 33.512362803380945
    },
    {
      "year": 2024,
      "export_value_usd": 22207696.5431976,
      "yoy_growth_pct": -23.77981916747124,
      "cagr_3y_pct": -3.2061263908658155
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "DEU",
      "hs_code": "300215",
      "your_market_share_pct": 0.00004812990640329011,
      "your_share_change_pp": 0.00004812990640329011,
      "market_imports_usd": 14854187460.351679,
      "market_yoy_growth_pct": 11.568042052592343,
      "market_cagr_3y_pct": -4.755493,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 25.90383743046442,
      "your_share_gap_pp": 25.903789300558017,
      "num_suppliers": 69,
      "market_hhi": 1345.7002707738586,
      "volatility_mean_usd": 7149.306521636519,
      "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": 77.0864931935096,
      "exporter_name": "MNG",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "DEU",
      "hs_code": "293499",
      "your_market_share_pct": 0.00002081228992532143,
      "your_share_change_pp": 0.00002081228992532143,
      "market_imports_usd": 5764213635.327325,
      "market_yoy_growth_pct": 118.27304005898962,
      "market_cagr_3y_pct": 26.62677,
      "top_supplier_iso3": "IRL",
      "top_supplier_share_pct": 56.43908682313331,
      "your_share_gap_pp": 56.43906601084338,
      "num_suppliers": 99,
      "market_hhi": 3472.015484077904,
      "volatility_mean_usd": 1199.6648536992332,
      "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": 61.588435959857605,
      "exporter_name": "MNG",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "CAN",
      "hs_code": "850760",
      "your_market_share_pct": 0.008139039223572158,
      "your_share_change_pp": 0.008139039223572158,
      "market_imports_usd": 2167819349.7116637,
      "market_yoy_growth_pct": 46.271455142892236,
      "market_cagr_3y_pct": 50.241654,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 55.11952435117643,
      "your_share_gap_pp": 55.11138531195286,
      "num_suppliers": 74,
      "market_hhi": 3648.3320565863883,
      "volatility_mean_usd": 176439.6671692192,
      "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": "MNG",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "FRA",
      "hs_code": "190590",
      "your_market_share_pct": 0.000009595401911903734,
      "your_share_change_pp": 0.000009595401911903734,
      "market_imports_usd": 2069271135.499875,
      "market_yoy_growth_pct": 6.2105381426910355,
      "market_cagr_3y_pct": 8.418125,
      "top_supplier_iso3": "ITA",
      "top_supplier_share_pct": 22.61920138121986,
      "your_share_gap_pp": 22.619191785817947,
      "num_suppliers": 135,
      "market_hhi": 1550.8662066894315,
      "volatility_mean_usd": 198.55488209822713,
      "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": 46.00124714476955,
      "exporter_name": "MNG",
      "importer_name": "France",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "NLD",
      "hs_code": "730890",
      "your_market_share_pct": 0.00014066531035913802,
      "your_share_change_pp": 0.00014066531035913802,
      "market_imports_usd": 1621022952.8467262,
      "market_yoy_growth_pct": 15.106157473375736,
      "market_cagr_3y_pct": 0.94592,
      "top_supplier_iso3": "BEL",
      "top_supplier_share_pct": 31.72092134937312,
      "your_share_gap_pp": 31.720780684062763,
      "num_suppliers": 84,
      "market_hhi": 1613.4267367676296,
      "volatility_mean_usd": 2280.216967614711,
      "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": 67.1633318638552,
      "exporter_name": "MNG",
      "importer_name": "NLD",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "GBR",
      "hs_code": "330300",
      "your_market_share_pct": 0.005002954849763218,
      "your_share_change_pp": 0.005002954849763218,
      "market_imports_usd": 1494355810.82236,
      "market_yoy_growth_pct": 6.801538695146192,
      "market_cagr_3y_pct": 13.350929,
      "top_supplier_iso3": "FRA",
      "top_supplier_share_pct": 42.589399910709105,
      "your_share_gap_pp": 42.58439695585934,
      "num_suppliers": 87,
      "market_hhi": 2313.760427527802,
      "volatility_mean_usd": 74761.94651025572,
      "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": 97.47372818370468,
      "exporter_name": "MNG",
      "importer_name": "GBR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "DEU",
      "hs_code": "847141",
      "your_market_share_pct": 0.00022993239737211768,
      "your_share_change_pp": 0.00022993239737211768,
      "market_imports_usd": 1288469838.2571926,
      "market_yoy_growth_pct": 0.9507541650043638,
      "market_cagr_3y_pct": 1.223314,
      "top_supplier_iso3": "CZE",
      "top_supplier_share_pct": 28.801344711218853,
      "your_share_gap_pp": 28.801114778821482,
      "num_suppliers": 88,
      "market_hhi": 1838.3149424146006,
      "volatility_mean_usd": 2962.60958852141,
      "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": 69.43641982475302,
      "exporter_name": "MNG",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MNG",
      "importer_iso3": "ITA",
      "hs_code": "390210",
      "your_market_share_pct": 0.0028177055317887764,
      "your_share_change_pp": 0.0028177055317887764,
      "market_imports_usd": 1228026593.3635545,
      "market_yoy_growth_pct": 4.841833394032147,
      "market_cagr_3y_pct": -10.968051,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 21.10001451526539,
      "your_share_gap_pp": 21.0971968097336,
      "num_suppliers": 68,
      "market_hhi": 976.342848828839,
      "volatility_mean_usd": 34602.173253042136,
      "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": 90.78231854411797,
      "exporter_name": "MNG",
      "importer_name": "Italy",
      "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": "$8.4B",
        "year": 2024,
        "annualChange": "-10.3%"
      },
      "exporterPosition": {
        "exporter": "MNG",
        "routeExports": "$11.4K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "81/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$8.4B",
      "projectionThreeYears": "$9.0B",
      "supplierCount": "88",
      "averageImports": "$5.7B",
      "historicalPeak": "$9.4B",
      "fullHistoryGrowth": "+2.2%",
      "latestAnnualChange": "-10.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "Taiwan",
        "iso3": "TWN",
        "share": "39.4%"
      },
      "marketConcentrationHhi": "1,998",
      "exporterShare": "0.0%",
      "shareGap": "39.4%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "3,019 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": 11401.364792789367,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 77555285.85529451,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 76099891.45821504,
          "yoy_growth_pct": -1.8765895593435111,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 107521267.19885373,
          "yoy_growth_pct": 41.28964593581785,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 58535125.87666135,
          "yoy_growth_pct": -45.559490320734064,
          "cagr_3y_pct": -8.952424692512928
        },
        {
          "year": 1999,
          "export_value_usd": 8987827.379465505,
          "yoy_growth_pct": -84.64541205838756,
          "cagr_3y_pct": -50.936684227005124
        },
        {
          "year": 2000,
          "export_value_usd": 6954415.773184099,
          "yoy_growth_pct": -22.62406163837929,
          "cagr_3y_pct": -59.85894716326043
        },
        {
          "year": 2001,
          "export_value_usd": 9632360.81590917,
          "yoy_growth_pct": 38.507117349110764,
          "cagr_3y_pct": -45.201072102007245
        },
        {
          "year": 2002,
          "export_value_usd": 6454473.138997266,
          "yoy_growth_pct": -32.99178402519125,
          "cagr_3y_pct": -10.449360481308911
        },
        {
          "year": 2003,
          "export_value_usd": 6728798.67095189,
          "yoy_growth_pct": 4.250161493386306,
          "cagr_3y_pct": -1.0933192323019036
        },
        {
          "year": 2004,
          "export_value_usd": 8122538.807834152,
          "yoy_growth_pct": 20.713060459053633,
          "cagr_3y_pct": -5.524394456203385
        },
        {
          "year": 2005,
          "export_value_usd": 6463546.411680875,
          "yoy_growth_pct": -20.42455487628063,
          "cagr_3y_pct": 0.04683586235141313
        },
        {
          "year": 2006,
          "export_value_usd": 8439548.684893202,
          "yoy_growth_pct": 30.571487343872228,
          "cagr_3y_pct": 7.8434806333929075
        },
        {
          "year": 2007,
          "export_value_usd": 15646737.418837544,
          "yoy_growth_pct": 85.39779795150912,
          "cagr_3y_pct": 24.42586438243868
        },
        {
          "year": 2008,
          "export_value_usd": 29020760.619712796,
          "yoy_growth_pct": 85.47483633727944,
          "cagr_3y_pct": 64.97291176857189
        },
        {
          "year": 2009,
          "export_value_usd": 9225165.791695029,
          "yoy_growth_pct": -68.21184009412664,
          "cagr_3y_pct": 3.011327917947537
        },
        {
          "year": 2010,
          "export_value_usd": 21332178.693903334,
          "yoy_growth_pct": 131.23897364649713,
          "cagr_3y_pct": 10.884405628227057
        },
        {
          "year": 2011,
          "export_value_usd": 17410879.544847533,
          "yoy_growth_pct": -18.38208466806297,
          "cagr_3y_pct": -15.659279515984469
        },
        {
          "year": 2012,
          "export_value_usd": 19980315.121213343,
          "yoy_growth_pct": 14.757643746528547,
          "cagr_3y_pct": 29.38265271744138
        },
        {
          "year": 2013,
          "export_value_usd": 13590224.632505922,
          "yoy_growth_pct": -31.981930464765217,
          "cagr_3y_pct": -13.954042024521307
        },
        {
          "year": 2014,
          "export_value_usd": 20309330.68904572,
          "yoy_growth_pct": 49.44072845174783,
          "cagr_3y_pct": 5.266851472282563
        },
        {
          "year": 2015,
          "export_value_usd": 35779910.92193847,
          "yoy_growth_pct": 76.1747418945576,
          "cagr_3y_pct": 21.43549306336192
        },
        {
          "year": 2016,
          "export_value_usd": 15843495.515674148,
          "yoy_growth_pct": -55.71957808883281,
          "cagr_3y_pct": 5.246611760088404
        },
        {
          "year": 2017,
          "export_value_usd": 26066705.549381126,
          "yoy_growth_pct": 64.52622796271848,
          "cagr_3y_pct": 8.675132496126992
        },
        {
          "year": 2018,
          "export_value_usd": 29633618.172691934,
          "yoy_growth_pct": 13.683787606199793,
          "cagr_3y_pct": -6.089286125569093
        },
        {
          "year": 2019,
          "export_value_usd": 19187011.222339667,
          "yoy_growth_pct": -35.25255299394745,
          "cagr_3y_pct": 6.5905675788510365
        },
        {
          "year": 2020,
          "export_value_usd": 12242471.289815098,
          "yoy_growth_pct": -36.19396398975865,
          "cagr_3y_pct": -22.26898905884045
        },
        {
          "year": 2021,
          "export_value_usd": 24488371.40979974,
          "yoy_growth_pct": 100.02800766355398,
          "cagr_3y_pct": -6.15919148556835
        },
        {
          "year": 2022,
          "export_value_usd": 24816041.90231917,
          "yoy_growth_pct": 1.3380656763001486,
          "cagr_3y_pct": 8.953635993701425
        },
        {
          "year": 2023,
          "export_value_usd": 29136242.26632632,
          "yoy_growth_pct": 17.40890179430028,
          "cagr_3y_pct": 33.512362803380945
        },
        {
          "year": 2024,
          "export_value_usd": 22207696.5431976,
          "yoy_growth_pct": -23.77981916747124,
          "cagr_3y_pct": -3.2061263908658155
        }
      ],
      "routeHistoryScope": "Broader MNG to Japan route exports, not only HS 854231."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "DEU",
        "hs_code": "300215",
        "your_market_share_pct": 0.00004812990640329011,
        "your_share_change_pp": 0.00004812990640329011,
        "market_imports_usd": 14854187460.351679,
        "market_yoy_growth_pct": 11.568042052592343,
        "market_cagr_3y_pct": -4.755493,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 25.90383743046442,
        "your_share_gap_pp": 25.903789300558017,
        "num_suppliers": 69,
        "market_hhi": 1345.7002707738586,
        "volatility_mean_usd": 7149.306521636519,
        "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": 77.0864931935096,
        "exporter_name": "MNG",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-300215"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "DEU",
        "hs_code": "293499",
        "your_market_share_pct": 0.00002081228992532143,
        "your_share_change_pp": 0.00002081228992532143,
        "market_imports_usd": 5764213635.327325,
        "market_yoy_growth_pct": 118.27304005898962,
        "market_cagr_3y_pct": 26.62677,
        "top_supplier_iso3": "IRL",
        "top_supplier_share_pct": 56.43908682313331,
        "your_share_gap_pp": 56.43906601084338,
        "num_suppliers": 99,
        "market_hhi": 3472.015484077904,
        "volatility_mean_usd": 1199.6648536992332,
        "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": 61.588435959857605,
        "exporter_name": "MNG",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-293499"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "CAN",
        "hs_code": "850760",
        "your_market_share_pct": 0.008139039223572158,
        "your_share_change_pp": 0.008139039223572158,
        "market_imports_usd": 2167819349.7116637,
        "market_yoy_growth_pct": 46.271455142892236,
        "market_cagr_3y_pct": 50.241654,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 55.11952435117643,
        "your_share_gap_pp": 55.11138531195286,
        "num_suppliers": 74,
        "market_hhi": 3648.3320565863883,
        "volatility_mean_usd": 176439.6671692192,
        "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": "MNG",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-can-850760"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "FRA",
        "hs_code": "190590",
        "your_market_share_pct": 0.000009595401911903734,
        "your_share_change_pp": 0.000009595401911903734,
        "market_imports_usd": 2069271135.499875,
        "market_yoy_growth_pct": 6.2105381426910355,
        "market_cagr_3y_pct": 8.418125,
        "top_supplier_iso3": "ITA",
        "top_supplier_share_pct": 22.61920138121986,
        "your_share_gap_pp": 22.619191785817947,
        "num_suppliers": 135,
        "market_hhi": 1550.8662066894315,
        "volatility_mean_usd": 198.55488209822713,
        "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": 46.00124714476955,
        "exporter_name": "MNG",
        "importer_name": "France",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-fra-190590"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "NLD",
        "hs_code": "730890",
        "your_market_share_pct": 0.00014066531035913802,
        "your_share_change_pp": 0.00014066531035913802,
        "market_imports_usd": 1621022952.8467262,
        "market_yoy_growth_pct": 15.106157473375736,
        "market_cagr_3y_pct": 0.94592,
        "top_supplier_iso3": "BEL",
        "top_supplier_share_pct": 31.72092134937312,
        "your_share_gap_pp": 31.720780684062763,
        "num_suppliers": 84,
        "market_hhi": 1613.4267367676296,
        "volatility_mean_usd": 2280.216967614711,
        "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": 67.1633318638552,
        "exporter_name": "MNG",
        "importer_name": "NLD",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-nld-730890"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "GBR",
        "hs_code": "330300",
        "your_market_share_pct": 0.005002954849763218,
        "your_share_change_pp": 0.005002954849763218,
        "market_imports_usd": 1494355810.82236,
        "market_yoy_growth_pct": 6.801538695146192,
        "market_cagr_3y_pct": 13.350929,
        "top_supplier_iso3": "FRA",
        "top_supplier_share_pct": 42.589399910709105,
        "your_share_gap_pp": 42.58439695585934,
        "num_suppliers": 87,
        "market_hhi": 2313.760427527802,
        "volatility_mean_usd": 74761.94651025572,
        "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": 97.47372818370468,
        "exporter_name": "MNG",
        "importer_name": "GBR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-gbr-330300"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "DEU",
        "hs_code": "847141",
        "your_market_share_pct": 0.00022993239737211768,
        "your_share_change_pp": 0.00022993239737211768,
        "market_imports_usd": 1288469838.2571926,
        "market_yoy_growth_pct": 0.9507541650043638,
        "market_cagr_3y_pct": 1.223314,
        "top_supplier_iso3": "CZE",
        "top_supplier_share_pct": 28.801344711218853,
        "your_share_gap_pp": 28.801114778821482,
        "num_suppliers": 88,
        "market_hhi": 1838.3149424146006,
        "volatility_mean_usd": 2962.60958852141,
        "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": 69.43641982475302,
        "exporter_name": "MNG",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-deu-847141"
      },
      {
        "year": 2024,
        "exporter_iso3": "MNG",
        "importer_iso3": "ITA",
        "hs_code": "390210",
        "your_market_share_pct": 0.0028177055317887764,
        "your_share_change_pp": 0.0028177055317887764,
        "market_imports_usd": 1228026593.3635545,
        "market_yoy_growth_pct": 4.841833394032147,
        "market_cagr_3y_pct": -10.968051,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 21.10001451526539,
        "your_share_gap_pp": 21.0971968097336,
        "num_suppliers": 68,
        "market_hhi": 976.342848828839,
        "volatility_mean_usd": 34602.173253042136,
        "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": 90.78231854411797,
        "exporter_name": "MNG",
        "importer_name": "Italy",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mng-ita-390210"
      }
    ],
    "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/854231",
    "workspace": "https://www.yugalinks.com/app?hs=854231",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mng-jpn-854231/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/mng-jpn-854231/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mng-jpn-854231/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": "2026-09-02T11:43:58.777Z"
}