{
  "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/msr-usa-940390",
  "seo": {
    "title": "Montserrat to USA, Puerto Rico and US Virgin Islands new corridor | HS 940390 | Yugalinks",
    "description": "Reported new-corridor signal for Montserrat to USA, Puerto Rico and US Virgin Islands in furniture (HS 940390), with market demand, growth, share,...",
    "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": "MSR-USA-HS 940390",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-940390"
    }
  ],
  "exporter": {
    "iso3": "MSR",
    "country_name": "Montserrat"
  },
  "importer": {
    "iso3": "USA",
    "country_name": "USA, Puerto Rico and US Virgin Islands"
  },
  "hsCode": "940390",
  "product": "Furniture: parts",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "MSR",
    "importer_iso3": "USA",
    "hs_code": "940390",
    "your_market_share_pct": 0.0001765185763142913,
    "your_share_change_pp": 0.0001765185763142913,
    "market_imports_usd": 3846195293.0618634,
    "market_yoy_growth_pct": 11.473123105411108,
    "market_cagr_3y_pct": -0.88093,
    "top_supplier_iso3": "VNM",
    "top_supplier_share_pct": 25.39542012073322,
    "your_share_gap_pp": 25.395243602156906,
    "num_suppliers": 120,
    "market_hhi": 1472.32336410272,
    "volatility_mean_usd": 6789.249173580086,
    "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": 76.63771422706904
  },
  "market": {
    "exporter_iso3": "MSR",
    "importer_iso3": "USA",
    "hs_code": "940390",
    "hs_description": "Furniture: parts",
    "hs_chapter": "94",
    "hs_heading": "9403",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -9.0438805,
    "buyer_imports_latest_usd": 3846195293.0618625,
    "buyer_imports_avg_usd": 2133814252.7829652,
    "buyer_imports_peak_usd": 4335268156.573017,
    "buyer_cagr_full_pct": 7.5415,
    "buyer_yoy_avg_pct": 8.3776,
    "buyer_yoy_latest_pct": 11.4731,
    "buyer_trend_consistency_pct": 82.7586,
    "buyer_imports_proj_3y_usd": 4783649491.02,
    "buyer_imports_proj_5y_usd": 5532371846.92,
    "buyer_gdp_mn_latest": 22996100,
    "buyer_gdp_pc_latest": 69288,
    "buyer_population_latest": 331893.738,
    "buyer_investment_rate": 21.94,
    "buyer_savings_rate": 17.5,
    "buyer_edu_secondary": 98.29,
    "buyer_gdp_mn_2030_proj": 25548808.87,
    "buyer_gdp_pc_2030_proj": 74535.71,
    "buyer_gdp_pc_growth_pct": 7.57,
    "buyer_gdp_mn_growth_pct": 11.1,
    "buyer_pop_growth_pct": 3.28,
    "exports_latest_usd": 6789.249173580086,
    "exports_avg_usd": 6789.249173580086,
    "exports_peak_usd": 6789.249173580086,
    "share_latest_pct": 0.00017651857631429134,
    "share_avg_pct": 0.00017651857631429134,
    "share_peak_pct": 0.00017651857631429134,
    "share_change_1y_pp": 0.00017651857631429134,
    "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": 25.3952,
    "addressable_proj_3y_usd": 1214819441.32,
    "addressable_proj_5y_usd": 1404959307.5,
    "peer_best_share_pct": 25.39542012073323,
    "peer_top_exporter": "VNM",
    "num_suppliers_latest": 120,
    "buyer_herfindahl_index": 1472.32,
    "distance_km": 2906.768798828125,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.6527999639511108,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 4.2,
    "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": "MSR",
    "importer_iso3": "USA",
    "hs_code": "940390"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 6789.249173580086,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 2110310.12755969,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 4390773.2366064945,
      "yoy_growth_pct": 108.06293725576133,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 4912072.533380526,
      "yoy_growth_pct": 11.872608050625022,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 335234.0890707864,
      "yoy_growth_pct": -93.1753025470885,
      "cagr_3y_pct": -45.84141648683278
    },
    {
      "year": 1999,
      "export_value_usd": 319351.9406330411,
      "yoy_growth_pct": -4.737629303084301,
      "cagr_3y_pct": -58.257718382387026
    },
    {
      "year": 2000,
      "export_value_usd": 166854.49771041673,
      "yoy_growth_pct": -47.75215789211538,
      "cagr_3y_pct": -67.61396986838541
    },
    {
      "year": 2001,
      "export_value_usd": 257687.80314434628,
      "yoy_growth_pct": 54.43863167031597,
      "cagr_3y_pct": -8.395833062409142
    },
    {
      "year": 2002,
      "export_value_usd": 336979.6424916897,
      "yoy_growth_pct": 30.77050538667805,
      "cagr_3y_pct": 1.80709262915415
    },
    {
      "year": 2003,
      "export_value_usd": 1271534.9215739232,
      "yoy_growth_pct": 277.33285968611017,
      "cagr_3y_pct": 96.78717509402044
    },
    {
      "year": 2004,
      "export_value_usd": 408348.3081907099,
      "yoy_growth_pct": -67.88540359668212,
      "cagr_3y_pct": 16.58579339278512
    },
    {
      "year": 2005,
      "export_value_usd": 857330.6929047663,
      "yoy_growth_pct": 109.95083748562249,
      "cagr_3y_pct": 36.51537579217714
    },
    {
      "year": 2006,
      "export_value_usd": 520262.02805065294,
      "yoy_growth_pct": -39.31606177682425,
      "cagr_3y_pct": -25.761142595790588
    },
    {
      "year": 2007,
      "export_value_usd": 399189.9201144639,
      "yoy_growth_pct": -23.271371233804782,
      "cagr_3y_pct": -0.7532557962579456
    },
    {
      "year": 2008,
      "export_value_usd": 449584.6084715421,
      "yoy_growth_pct": 12.624238693859802,
      "cagr_3y_pct": -19.35928788402308
    },
    {
      "year": 2009,
      "export_value_usd": 781873.2992158955,
      "yoy_growth_pct": 73.91015717242612,
      "cagr_3y_pct": 14.543755380105928
    },
    {
      "year": 2010,
      "export_value_usd": 501275.33786922914,
      "yoy_growth_pct": -35.887906854993645,
      "cagr_3y_pct": 7.886124016308793
    },
    {
      "year": 2011,
      "export_value_usd": 594996.2753617788,
      "yoy_growth_pct": 18.69649879264541,
      "cagr_3y_pct": 9.791218261754441
    },
    {
      "year": 2012,
      "export_value_usd": 1736848.463500777,
      "yoy_growth_pct": 191.9091321109047,
      "cagr_3y_pct": 30.479369311203584
    },
    {
      "year": 2013,
      "export_value_usd": 1956758.466105436,
      "yoy_growth_pct": 12.661438647411426,
      "cagr_3y_pct": 57.45397450311205
    },
    {
      "year": 2014,
      "export_value_usd": 850823.9191301721,
      "yoy_growth_pct": -56.51870509989008,
      "cagr_3y_pct": 12.66140106945679
    },
    {
      "year": 2015,
      "export_value_usd": 2138005.728968719,
      "yoy_growth_pct": 151.28650956998,
      "cagr_3y_pct": 7.172240979726352
    },
    {
      "year": 2016,
      "export_value_usd": 715179.8245326926,
      "yoy_growth_pct": -66.5492091605543,
      "cagr_3y_pct": -28.502200176340565
    },
    {
      "year": 2017,
      "export_value_usd": 1038670.9715469391,
      "yoy_growth_pct": 45.23214105286313,
      "cagr_3y_pct": 6.875813767335726
    },
    {
      "year": 2018,
      "export_value_usd": 1395084.7207829133,
      "yoy_growth_pct": 34.31440359839375,
      "cagr_3y_pct": -13.264429533191546
    },
    {
      "year": 2019,
      "export_value_usd": 1328040.2561510757,
      "yoy_growth_pct": -4.805762949952785,
      "cagr_3y_pct": 22.91323857006542
    },
    {
      "year": 2020,
      "export_value_usd": 1525934.7981174036,
      "yoy_growth_pct": 14.901245730296274,
      "cagr_3y_pct": 13.68050501614173
    },
    {
      "year": 2021,
      "export_value_usd": 1799035.4136573903,
      "yoy_growth_pct": 17.897266375792718,
      "cagr_3y_pct": 8.846142776811972
    },
    {
      "year": 2022,
      "export_value_usd": 1515588.2484052344,
      "yoy_growth_pct": -15.755507818265535,
      "cagr_3y_pct": 4.501693825068931
    },
    {
      "year": 2023,
      "export_value_usd": 1487840.3870196394,
      "yoy_growth_pct": -1.830831125458543,
      "cagr_3y_pct": -0.8391771107696067
    },
    {
      "year": 2024,
      "export_value_usd": 5413114.8063676795,
      "yoy_growth_pct": 263.8236233935641,
      "cagr_3y_pct": 44.36741334794731
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "USA",
      "hs_code": "300490",
      "your_market_share_pct": 1.4379744435788627e-7,
      "your_share_change_pp": 1.4379744435788627e-7,
      "market_imports_usd": 76827257588.05873,
      "market_yoy_growth_pct": 13.463067008289919,
      "market_cagr_3y_pct": 6.005847,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 16.708318608271338,
      "your_share_gap_pp": 16.708318464473894,
      "num_suppliers": 111,
      "market_hhi": 848.2928767532212,
      "volatility_mean_usd": 110.47563298187872,
      "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": 40.94359894086467,
      "exporter_name": "Montserrat",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "SVN",
      "hs_code": "300490",
      "your_market_share_pct": 1.5064679383430414e-8,
      "your_share_change_pp": 1.5064679383430414e-8,
      "market_imports_usd": 7633399995.641349,
      "market_yoy_growth_pct": 12.257161747349276,
      "market_cagr_3y_pct": 13.74395,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 77.74982099324835,
      "your_share_gap_pp": 77.74982097818366,
      "num_suppliers": 64,
      "market_hhi": 6094.713550227911,
      "volatility_mean_usd": 1.1499472353981604,
      "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": 6.6485560294133705,
      "exporter_name": "Montserrat",
      "importer_name": "SVN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "FRA",
      "hs_code": "870332",
      "your_market_share_pct": 5.607475043945771e-7,
      "your_share_change_pp": 5.607475043945771e-7,
      "market_imports_usd": 4053996995.881198,
      "market_yoy_growth_pct": -7.812577767957462,
      "market_cagr_3y_pct": -16.39627,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 43.68290827372648,
      "your_share_gap_pp": 43.68290771297898,
      "num_suppliers": 60,
      "market_hhi": 2185.1603288667025,
      "volatility_mean_usd": 22.732686982634945,
      "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": 27.50693822466625,
      "exporter_name": "Montserrat",
      "importer_name": "France",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "ESP",
      "hs_code": "870332",
      "your_market_share_pct": 2.7881283101336787e-7,
      "your_share_change_pp": 2.7881283101336787e-7,
      "market_imports_usd": 3671971002.8195095,
      "market_yoy_growth_pct": 0.5683508251437486,
      "market_cagr_3y_pct": 1.867228,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 49.92958683472619,
      "your_share_gap_pp": 49.92958655591335,
      "num_suppliers": 63,
      "market_hhi": 2725.889353811797,
      "volatility_mean_usd": 10.237926306951028,
      "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": 21.013723597374707,
      "exporter_name": "Montserrat",
      "importer_name": "Spain",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "SVN",
      "hs_code": "271019",
      "your_market_share_pct": 6.181059268158134e-8,
      "your_share_change_pp": 6.181059268158134e-8,
      "market_imports_usd": 3078842894.6502986,
      "market_yoy_growth_pct": 14.627519389350962,
      "market_cagr_3y_pct": 25.565901,
      "top_supplier_iso3": "ITA",
      "top_supplier_share_pct": 32.99982606585422,
      "your_share_gap_pp": 32.999826004043626,
      "num_suppliers": 66,
      "market_hhi": 1849.545957305749,
      "volatility_mean_usd": 1.9030510409181047,
      "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": 9.25709343171592,
      "exporter_name": "Montserrat",
      "importer_name": "SVN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "TWN",
      "hs_code": "300490",
      "your_market_share_pct": 3.827528624392272e-8,
      "your_share_change_pp": 3.827528624392272e-8,
      "market_imports_usd": 2905517800.8397546,
      "market_yoy_growth_pct": -7.07833487235926,
      "market_cagr_3y_pct": 5.970706,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 19.718705498679768,
      "your_share_gap_pp": 19.718705460404482,
      "num_suppliers": 65,
      "market_hhi": 885.6708862424829,
      "volatility_mean_usd": 1.1120952551395447,
      "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": 6.494270018226029,
      "exporter_name": "Montserrat",
      "importer_name": "Taiwan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "BEL",
      "hs_code": "854239",
      "your_market_share_pct": 0.00010601867362032852,
      "your_share_change_pp": 0.00010601867362032852,
      "market_imports_usd": 2262822728.053926,
      "market_yoy_growth_pct": -45.56749321594423,
      "market_cagr_3y_pct": 4.305759,
      "top_supplier_iso3": "FRA",
      "top_supplier_share_pct": 67.23404162283072,
      "your_share_gap_pp": 67.2339356041571,
      "num_suppliers": 65,
      "market_hhi": 4774.051029697739,
      "volatility_mean_usd": 2399.014642662106,
      "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": 67.60427782763173,
      "exporter_name": "Montserrat",
      "importer_name": "Belgium",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MSR",
      "importer_iso3": "USA",
      "hs_code": "200410",
      "your_market_share_pct": 0.00006551147869112063,
      "your_share_change_pp": 0.00006551147869112063,
      "market_imports_usd": 2212021398.7903423,
      "market_yoy_growth_pct": 10.558985561076039,
      "market_cagr_3y_pct": 19.826234,
      "top_supplier_iso3": "CAN",
      "top_supplier_share_pct": 81.5046591599321,
      "your_share_gap_pp": 81.50459364845341,
      "num_suppliers": 42,
      "market_hhi": 6794.070183996182,
      "volatility_mean_usd": 1449.1279273115633,
      "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": 63.228126329869326,
      "exporter_name": "Montserrat",
      "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": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$3.8B",
        "year": 2024,
        "annualChange": "+11.5%"
      },
      "exporterPosition": {
        "exporter": "Montserrat",
        "routeExports": "$6.8K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "77/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$3.8B",
      "projectionThreeYears": "$4.8B",
      "supplierCount": "120",
      "averageImports": "$2.1B",
      "historicalPeak": "$4.3B",
      "fullHistoryGrowth": "+7.5%",
      "latestAnnualChange": "+11.5%"
    },
    "competition": {
      "topSupplier": {
        "country": "Former Republic of Vietnam",
        "iso3": "VNM",
        "share": "25.4%"
      },
      "marketConcentrationHhi": "1,472",
      "exporterShare": "0.0%",
      "shareGap": "25.4%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "2,907 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "4.2 days",
      "sharedSpokenLanguageScore": "0.7"
    },
    "economy": {
      "gdpPerPerson": "$69.3K",
      "gdpPerPersonGrowth": "+7.6%",
      "populationThousands": "331,894",
      "gdp": "$23.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "21.9%",
      "savingsRate": "17.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 6789.249173580086,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 2110310.12755969,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 4390773.2366064945,
          "yoy_growth_pct": 108.06293725576133,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 4912072.533380526,
          "yoy_growth_pct": 11.872608050625022,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 335234.0890707864,
          "yoy_growth_pct": -93.1753025470885,
          "cagr_3y_pct": -45.84141648683278
        },
        {
          "year": 1999,
          "export_value_usd": 319351.9406330411,
          "yoy_growth_pct": -4.737629303084301,
          "cagr_3y_pct": -58.257718382387026
        },
        {
          "year": 2000,
          "export_value_usd": 166854.49771041673,
          "yoy_growth_pct": -47.75215789211538,
          "cagr_3y_pct": -67.61396986838541
        },
        {
          "year": 2001,
          "export_value_usd": 257687.80314434628,
          "yoy_growth_pct": 54.43863167031597,
          "cagr_3y_pct": -8.395833062409142
        },
        {
          "year": 2002,
          "export_value_usd": 336979.6424916897,
          "yoy_growth_pct": 30.77050538667805,
          "cagr_3y_pct": 1.80709262915415
        },
        {
          "year": 2003,
          "export_value_usd": 1271534.9215739232,
          "yoy_growth_pct": 277.33285968611017,
          "cagr_3y_pct": 96.78717509402044
        },
        {
          "year": 2004,
          "export_value_usd": 408348.3081907099,
          "yoy_growth_pct": -67.88540359668212,
          "cagr_3y_pct": 16.58579339278512
        },
        {
          "year": 2005,
          "export_value_usd": 857330.6929047663,
          "yoy_growth_pct": 109.95083748562249,
          "cagr_3y_pct": 36.51537579217714
        },
        {
          "year": 2006,
          "export_value_usd": 520262.02805065294,
          "yoy_growth_pct": -39.31606177682425,
          "cagr_3y_pct": -25.761142595790588
        },
        {
          "year": 2007,
          "export_value_usd": 399189.9201144639,
          "yoy_growth_pct": -23.271371233804782,
          "cagr_3y_pct": -0.7532557962579456
        },
        {
          "year": 2008,
          "export_value_usd": 449584.6084715421,
          "yoy_growth_pct": 12.624238693859802,
          "cagr_3y_pct": -19.35928788402308
        },
        {
          "year": 2009,
          "export_value_usd": 781873.2992158955,
          "yoy_growth_pct": 73.91015717242612,
          "cagr_3y_pct": 14.543755380105928
        },
        {
          "year": 2010,
          "export_value_usd": 501275.33786922914,
          "yoy_growth_pct": -35.887906854993645,
          "cagr_3y_pct": 7.886124016308793
        },
        {
          "year": 2011,
          "export_value_usd": 594996.2753617788,
          "yoy_growth_pct": 18.69649879264541,
          "cagr_3y_pct": 9.791218261754441
        },
        {
          "year": 2012,
          "export_value_usd": 1736848.463500777,
          "yoy_growth_pct": 191.9091321109047,
          "cagr_3y_pct": 30.479369311203584
        },
        {
          "year": 2013,
          "export_value_usd": 1956758.466105436,
          "yoy_growth_pct": 12.661438647411426,
          "cagr_3y_pct": 57.45397450311205
        },
        {
          "year": 2014,
          "export_value_usd": 850823.9191301721,
          "yoy_growth_pct": -56.51870509989008,
          "cagr_3y_pct": 12.66140106945679
        },
        {
          "year": 2015,
          "export_value_usd": 2138005.728968719,
          "yoy_growth_pct": 151.28650956998,
          "cagr_3y_pct": 7.172240979726352
        },
        {
          "year": 2016,
          "export_value_usd": 715179.8245326926,
          "yoy_growth_pct": -66.5492091605543,
          "cagr_3y_pct": -28.502200176340565
        },
        {
          "year": 2017,
          "export_value_usd": 1038670.9715469391,
          "yoy_growth_pct": 45.23214105286313,
          "cagr_3y_pct": 6.875813767335726
        },
        {
          "year": 2018,
          "export_value_usd": 1395084.7207829133,
          "yoy_growth_pct": 34.31440359839375,
          "cagr_3y_pct": -13.264429533191546
        },
        {
          "year": 2019,
          "export_value_usd": 1328040.2561510757,
          "yoy_growth_pct": -4.805762949952785,
          "cagr_3y_pct": 22.91323857006542
        },
        {
          "year": 2020,
          "export_value_usd": 1525934.7981174036,
          "yoy_growth_pct": 14.901245730296274,
          "cagr_3y_pct": 13.68050501614173
        },
        {
          "year": 2021,
          "export_value_usd": 1799035.4136573903,
          "yoy_growth_pct": 17.897266375792718,
          "cagr_3y_pct": 8.846142776811972
        },
        {
          "year": 2022,
          "export_value_usd": 1515588.2484052344,
          "yoy_growth_pct": -15.755507818265535,
          "cagr_3y_pct": 4.501693825068931
        },
        {
          "year": 2023,
          "export_value_usd": 1487840.3870196394,
          "yoy_growth_pct": -1.830831125458543,
          "cagr_3y_pct": -0.8391771107696067
        },
        {
          "year": 2024,
          "export_value_usd": 5413114.8063676795,
          "yoy_growth_pct": 263.8236233935641,
          "cagr_3y_pct": 44.36741334794731
        }
      ],
      "routeHistoryScope": "Broader Montserrat to USA, Puerto Rico and US Virgin Islands route exports, not only HS 940390."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "USA",
        "hs_code": "300490",
        "your_market_share_pct": 1.4379744435788627e-7,
        "your_share_change_pp": 1.4379744435788627e-7,
        "market_imports_usd": 76827257588.05873,
        "market_yoy_growth_pct": 13.463067008289919,
        "market_cagr_3y_pct": 6.005847,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 16.708318608271338,
        "your_share_gap_pp": 16.708318464473894,
        "num_suppliers": 111,
        "market_hhi": 848.2928767532212,
        "volatility_mean_usd": 110.47563298187872,
        "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": 40.94359894086467,
        "exporter_name": "Montserrat",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "SVN",
        "hs_code": "300490",
        "your_market_share_pct": 1.5064679383430414e-8,
        "your_share_change_pp": 1.5064679383430414e-8,
        "market_imports_usd": 7633399995.641349,
        "market_yoy_growth_pct": 12.257161747349276,
        "market_cagr_3y_pct": 13.74395,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 77.74982099324835,
        "your_share_gap_pp": 77.74982097818366,
        "num_suppliers": 64,
        "market_hhi": 6094.713550227911,
        "volatility_mean_usd": 1.1499472353981604,
        "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": 6.6485560294133705,
        "exporter_name": "Montserrat",
        "importer_name": "SVN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-svn-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "FRA",
        "hs_code": "870332",
        "your_market_share_pct": 5.607475043945771e-7,
        "your_share_change_pp": 5.607475043945771e-7,
        "market_imports_usd": 4053996995.881198,
        "market_yoy_growth_pct": -7.812577767957462,
        "market_cagr_3y_pct": -16.39627,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 43.68290827372648,
        "your_share_gap_pp": 43.68290771297898,
        "num_suppliers": 60,
        "market_hhi": 2185.1603288667025,
        "volatility_mean_usd": 22.732686982634945,
        "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": 27.50693822466625,
        "exporter_name": "Montserrat",
        "importer_name": "France",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-fra-870332"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "ESP",
        "hs_code": "870332",
        "your_market_share_pct": 2.7881283101336787e-7,
        "your_share_change_pp": 2.7881283101336787e-7,
        "market_imports_usd": 3671971002.8195095,
        "market_yoy_growth_pct": 0.5683508251437486,
        "market_cagr_3y_pct": 1.867228,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 49.92958683472619,
        "your_share_gap_pp": 49.92958655591335,
        "num_suppliers": 63,
        "market_hhi": 2725.889353811797,
        "volatility_mean_usd": 10.237926306951028,
        "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": 21.013723597374707,
        "exporter_name": "Montserrat",
        "importer_name": "Spain",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-esp-870332"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "SVN",
        "hs_code": "271019",
        "your_market_share_pct": 6.181059268158134e-8,
        "your_share_change_pp": 6.181059268158134e-8,
        "market_imports_usd": 3078842894.6502986,
        "market_yoy_growth_pct": 14.627519389350962,
        "market_cagr_3y_pct": 25.565901,
        "top_supplier_iso3": "ITA",
        "top_supplier_share_pct": 32.99982606585422,
        "your_share_gap_pp": 32.999826004043626,
        "num_suppliers": 66,
        "market_hhi": 1849.545957305749,
        "volatility_mean_usd": 1.9030510409181047,
        "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": 9.25709343171592,
        "exporter_name": "Montserrat",
        "importer_name": "SVN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-svn-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "TWN",
        "hs_code": "300490",
        "your_market_share_pct": 3.827528624392272e-8,
        "your_share_change_pp": 3.827528624392272e-8,
        "market_imports_usd": 2905517800.8397546,
        "market_yoy_growth_pct": -7.07833487235926,
        "market_cagr_3y_pct": 5.970706,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 19.718705498679768,
        "your_share_gap_pp": 19.718705460404482,
        "num_suppliers": 65,
        "market_hhi": 885.6708862424829,
        "volatility_mean_usd": 1.1120952551395447,
        "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": 6.494270018226029,
        "exporter_name": "Montserrat",
        "importer_name": "Taiwan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-twn-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "BEL",
        "hs_code": "854239",
        "your_market_share_pct": 0.00010601867362032852,
        "your_share_change_pp": 0.00010601867362032852,
        "market_imports_usd": 2262822728.053926,
        "market_yoy_growth_pct": -45.56749321594423,
        "market_cagr_3y_pct": 4.305759,
        "top_supplier_iso3": "FRA",
        "top_supplier_share_pct": 67.23404162283072,
        "your_share_gap_pp": 67.2339356041571,
        "num_suppliers": 65,
        "market_hhi": 4774.051029697739,
        "volatility_mean_usd": 2399.014642662106,
        "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": 67.60427782763173,
        "exporter_name": "Montserrat",
        "importer_name": "Belgium",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-bel-854239"
      },
      {
        "year": 2024,
        "exporter_iso3": "MSR",
        "importer_iso3": "USA",
        "hs_code": "200410",
        "your_market_share_pct": 0.00006551147869112063,
        "your_share_change_pp": 0.00006551147869112063,
        "market_imports_usd": 2212021398.7903423,
        "market_yoy_growth_pct": 10.558985561076039,
        "market_cagr_3y_pct": 19.826234,
        "top_supplier_iso3": "CAN",
        "top_supplier_share_pct": 81.5046591599321,
        "your_share_gap_pp": 81.50459364845341,
        "num_suppliers": 42,
        "market_hhi": 6794.070183996182,
        "volatility_mean_usd": 1449.1279273115633,
        "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": 63.228126329869326,
        "exporter_name": "Montserrat",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-200410"
      }
    ],
    "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/940390",
    "workspace": "https://www.yugalinks.com/app?hs=940390",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-940390/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-940390/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-940390/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": "2026-09-02T11:47:26.648Z"
}