{
  "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/mus-are-721420",
  "seo": {
    "title": "Mauritius to ARE new corridor | HS 721420 | Yugalinks",
    "description": "Reported new-corridor signal for Mauritius to ARE in iron or non-alloy steel (HS 721420), 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": "MUS-ARE-HS 721420",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/mus-are-721420"
    }
  ],
  "exporter": {
    "iso3": "MUS",
    "country_name": "Mauritius"
  },
  "importer": {
    "iso3": "ARE",
    "country_name": "ARE"
  },
  "hsCode": "721420",
  "product": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "MUS",
    "importer_iso3": "ARE",
    "hs_code": "721420",
    "your_market_share_pct": 0.000206738956780141,
    "your_share_change_pp": 0.000206738956780141,
    "market_imports_usd": 513761237.67315966,
    "market_yoy_growth_pct": 47.95659609552174,
    "market_cagr_3y_pct": 20.678269,
    "top_supplier_iso3": "OMN",
    "top_supplier_share_pct": 79.65816367569731,
    "your_share_gap_pp": 79.65795693674053,
    "num_suppliers": 19,
    "market_hhi": 6691.374515327051,
    "volatility_mean_usd": 1062.144623106231,
    "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": 60.53184694135471
  },
  "market": {
    "exporter_iso3": "MUS",
    "importer_iso3": "ARE",
    "hs_code": "721420",
    "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling",
    "hs_chapter": "72",
    "hs_heading": "7214",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -14.074193,
    "buyer_imports_latest_usd": 513761237.6731596,
    "buyer_imports_avg_usd": 665234994.4378353,
    "buyer_imports_peak_usd": 5912467996.540741,
    "buyer_cagr_full_pct": 5.9524,
    "buyer_yoy_avg_pct": 21.2939,
    "buyer_yoy_latest_pct": 47.9566,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 611074690.52,
    "buyer_imports_proj_5y_usd": 685987609.11,
    "buyer_gdp_mn_latest": 358868.765175,
    "buyer_gdp_pc_latest": 36285,
    "buyer_population_latest": 9991.083,
    "buyer_investment_rate": 26.35,
    "buyer_savings_rate": 61.51,
    "buyer_edu_secondary": 74.48,
    "buyer_gdp_mn_2030_proj": 415110.49,
    "buyer_gdp_pc_2030_proj": 40333.53,
    "buyer_gdp_pc_growth_pct": 11.16,
    "buyer_gdp_mn_growth_pct": 15.67,
    "buyer_pop_growth_pct": 4.06,
    "exports_latest_usd": 1062.144623106231,
    "exports_avg_usd": 1062.144623106231,
    "exports_peak_usd": 1062.144623106231,
    "share_latest_pct": 0.000206738956780141,
    "share_avg_pct": 0.000206738956780141,
    "share_peak_pct": 0.000206738956780141,
    "share_change_1y_pp": 0.000206738956780141,
    "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": 79.658,
    "addressable_proj_3y_usd": 486769613.83,
    "addressable_proj_5y_usd": 546443714.26,
    "peer_best_share_pct": 79.65816367569731,
    "peer_top_exporter": "OMN",
    "num_suppliers_latest": 19,
    "buyer_herfindahl_index": 6691.37,
    "distance_km": 4978.87060546875,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 3.8,
    "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": "MUS",
    "importer_iso3": "ARE",
    "hs_code": "721420"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 1062.144623106231,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 120669.99999999977,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 59681.99999999999,
      "yoy_growth_pct": -50.54114527222996,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 1033259.9999999995,
      "yoy_growth_pct": 1631.2757615361409,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 830948.794830945,
      "yoy_growth_pct": -19.579893266850036,
      "cagr_3y_pct": 90.25013919170665
    },
    {
      "year": 1999,
      "export_value_usd": 1051998.2733494362,
      "yoy_growth_pct": 26.602057779440358,
      "cagr_3y_pct": 160.2498889664604
    },
    {
      "year": 2000,
      "export_value_usd": 1630011.0449568802,
      "yoy_growth_pct": 54.94426999077866,
      "cagr_3y_pct": 16.41089905590569
    },
    {
      "year": 2001,
      "export_value_usd": 1473757.8876442548,
      "yoy_growth_pct": -9.586018315400969,
      "cagr_3y_pct": 21.046051313289293
    },
    {
      "year": 2002,
      "export_value_usd": 1189939.6940539775,
      "yoy_growth_pct": -19.258128894153014,
      "cagr_3y_pct": 4.192543908200208
    },
    {
      "year": 2003,
      "export_value_usd": 1365172.0070544211,
      "yoy_growth_pct": 14.726150734870336,
      "cagr_3y_pct": -5.738949440469532
    },
    {
      "year": 2004,
      "export_value_usd": 25754547.46807588,
      "yoy_growth_pct": 1786.542306390055,
      "cagr_3y_pct": 159.50312590564644
    },
    {
      "year": 2005,
      "export_value_usd": 117782028.02304712,
      "yoy_growth_pct": 357.32517012401075,
      "cagr_3y_pct": 362.57769953299174
    },
    {
      "year": 2006,
      "export_value_usd": 182896819.12297773,
      "yoy_growth_pct": 55.284148348328,
      "cagr_3y_pct": 411.6892102778433
    },
    {
      "year": 2007,
      "export_value_usd": 59095856.138400964,
      "yoy_growth_pct": -67.68896450918285,
      "cagr_3y_pct": 31.896833225728006
    },
    {
      "year": 2008,
      "export_value_usd": 42576860.7437451,
      "yoy_growth_pct": -27.95288278076351,
      "cagr_3y_pct": -28.764216873185035
    },
    {
      "year": 2009,
      "export_value_usd": 5566330.616013805,
      "yoy_growth_pct": -86.92639495073261,
      "cagr_3y_pct": -68.77846280015125
    },
    {
      "year": 2010,
      "export_value_usd": 14229959.408576436,
      "yoy_growth_pct": 155.64344610861224,
      "cagr_3y_pct": -37.7868471980927
    },
    {
      "year": 2011,
      "export_value_usd": 9741647.089264927,
      "yoy_growth_pct": -31.54128687539608,
      "cagr_3y_pct": -38.8373559320226
    },
    {
      "year": 2012,
      "export_value_usd": 11442317.32541079,
      "yoy_growth_pct": 17.457727841731852,
      "cagr_3y_pct": 27.149599505967025
    },
    {
      "year": 2013,
      "export_value_usd": 32587738.419021595,
      "yoy_growth_pct": 184.8001632208855,
      "cagr_3y_pct": 31.81055442579439
    },
    {
      "year": 2014,
      "export_value_usd": 320452604.7109456,
      "yoy_growth_pct": 883.3533109615736,
      "cagr_3y_pct": 220.41325303893453
    },
    {
      "year": 2015,
      "export_value_usd": 371460086.0337461,
      "yoy_growth_pct": 15.917324613045425,
      "cagr_3y_pct": 219.00639485826815
    },
    {
      "year": 2016,
      "export_value_usd": 68827315.56934309,
      "yoy_growth_pct": -81.47114100353427,
      "cagr_3y_pct": 28.30262343520651
    },
    {
      "year": 2017,
      "export_value_usd": 18482095.0238016,
      "yoy_growth_pct": -73.1471511406238,
      "cagr_3y_pct": -61.36367615579348
    },
    {
      "year": 2018,
      "export_value_usd": 14935798.113495827,
      "yoy_growth_pct": -19.18774308723542,
      "cagr_3y_pct": -65.74120421459607
    },
    {
      "year": 2019,
      "export_value_usd": 10303187.090084676,
      "yoy_growth_pct": -31.016829420218084,
      "cagr_3y_pct": -46.90296728585538
    },
    {
      "year": 2020,
      "export_value_usd": 7375555.709927868,
      "yoy_growth_pct": -28.41481334425373,
      "cagr_3y_pct": -26.37682943438685
    },
    {
      "year": 2021,
      "export_value_usd": 25802848.654445317,
      "yoy_growth_pct": 249.84277347011817,
      "cagr_3y_pct": 19.990373947604102
    },
    {
      "year": 2022,
      "export_value_usd": 31379602.79861991,
      "yoy_growth_pct": 21.61293979149015,
      "cagr_3y_pct": 44.952358244714866
    },
    {
      "year": 2023,
      "export_value_usd": 34002290.342405245,
      "yoy_growth_pct": 8.357937353817245,
      "cagr_3y_pct": 66.43237395457868
    },
    {
      "year": 2024,
      "export_value_usd": 19375571.20177217,
      "yoy_growth_pct": -43.01686443278108,
      "cagr_3y_pct": -9.107310738302344
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "SGP",
      "hs_code": "270900",
      "your_market_share_pct": 7.138607275901792e-7,
      "your_share_change_pp": 7.138607275901792e-7,
      "market_imports_usd": 27133233591.71922,
      "market_yoy_growth_pct": -10.102687948857037,
      "market_cagr_3y_pct": 2.132683,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 27.859656877713007,
      "your_share_gap_pp": 27.85965616385228,
      "num_suppliers": 49,
      "market_hhi": 1613.7168108996395,
      "volatility_mean_usd": 193.69349873658973,
      "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": 45.78702899342427,
      "exporter_name": "Mauritius",
      "importer_name": "SGP",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "BRA",
      "hs_code": "300490",
      "your_market_share_pct": 0.00004365954839502086,
      "your_share_change_pp": 0.00004365954839502086,
      "market_imports_usd": 4278103692.485867,
      "market_yoy_growth_pct": 21.957176754639327,
      "market_cagr_3y_pct": 16.618212,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 24.164804656392434,
      "your_share_gap_pp": 24.164760996844038,
      "num_suppliers": 66,
      "market_hhi": 1063.0102516539307,
      "volatility_mean_usd": 1867.8007520100414,
      "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": 65.43126000387028,
      "exporter_name": "Mauritius",
      "importer_name": "BRA",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "MEX",
      "hs_code": "300490",
      "your_market_share_pct": 0.00023988498422558932,
      "your_share_change_pp": 0.00023988498422558932,
      "market_imports_usd": 3939876449.753962,
      "market_yoy_growth_pct": 15.58569720159011,
      "market_cagr_3y_pct": 12.292041,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 21.76622003280756,
      "your_share_gap_pp": 21.765980147823335,
      "num_suppliers": 63,
      "market_hhi": 1034.1567354997185,
      "volatility_mean_usd": 9451.172,
      "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": 79.51063231669974,
      "exporter_name": "Mauritius",
      "importer_name": "Mexico",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "IND",
      "hs_code": "841112",
      "your_market_share_pct": 0.05372275270417011,
      "your_share_change_pp": 0.05372275270417011,
      "market_imports_usd": 2440949036.372922,
      "market_yoy_growth_pct": -20.668775421803474,
      "market_cagr_3y_pct": 14.029883,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 48.16932067394517,
      "your_share_gap_pp": 48.115597921241005,
      "num_suppliers": 26,
      "market_hhi": 3001.9618279290844,
      "volatility_mean_usd": 1311345.0144454483,
      "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": "Mauritius",
      "importer_name": "India",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "ESP",
      "hs_code": "870840",
      "your_market_share_pct": 0.000005425518570103338,
      "your_share_change_pp": 0.000005425518570103338,
      "market_imports_usd": 2294451195.6566377,
      "market_yoy_growth_pct": -7.3443832308347945,
      "market_cagr_3y_pct": 2.142808,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 39.36678474151717,
      "your_share_gap_pp": 39.3667793159986,
      "num_suppliers": 78,
      "market_hhi": 2049.8578807549798,
      "volatility_mean_usd": 124.48587570230895,
      "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": 41.9718969147869,
      "exporter_name": "Mauritius",
      "importer_name": "Spain",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "CHN",
      "hs_code": "900190",
      "your_market_share_pct": 0.000006159806370125723,
      "your_share_change_pp": 0.000006159806370125723,
      "market_imports_usd": 2255185866.212942,
      "market_yoy_growth_pct": 4.386408129990427,
      "market_cagr_3y_pct": -5.340231,
      "top_supplier_iso3": "JPN",
      "top_supplier_share_pct": 23.394179101096775,
      "your_share_gap_pp": 23.394172941290403,
      "num_suppliers": 66,
      "market_hhi": 1405.1580142011132,
      "volatility_mean_usd": 138.9150826451598,
      "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": 42.917290666748016,
      "exporter_name": "Mauritius",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "MYS",
      "hs_code": "848690",
      "your_market_share_pct": 0.0002874572866854399,
      "your_share_change_pp": 0.0002874572866854399,
      "market_imports_usd": 2079091251.8331943,
      "market_yoy_growth_pct": 101.37159613837086,
      "market_cagr_3y_pct": 36.885698,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 45.87663738329301,
      "your_share_gap_pp": 45.87634992600632,
      "num_suppliers": 66,
      "market_hhi": 2705.714422520062,
      "volatility_mean_usd": 5976.499300234046,
      "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": 75.5303906789281,
      "exporter_name": "Mauritius",
      "importer_name": "Malaysia",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "MUS",
      "importer_iso3": "CHN",
      "hs_code": "848390",
      "your_market_share_pct": 0.001247884850973271,
      "your_share_change_pp": 0.001247884850973271,
      "market_imports_usd": 1416670711.3445697,
      "market_yoy_growth_pct": 3.805508911792832,
      "market_cagr_3y_pct": -6.940256,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 38.659922705093074,
      "your_share_gap_pp": 38.6586748202421,
      "num_suppliers": 99,
      "market_hhi": 1962.7552066354096,
      "volatility_mean_usd": 17678.41919504416,
      "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": 84.9493598690494,
      "exporter_name": "Mauritius",
      "importer_name": "CHN",
      "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": "ARE",
        "imports": "$513.8M",
        "year": 2024,
        "annualChange": "+48.0%"
      },
      "exporterPosition": {
        "exporter": "Mauritius",
        "routeExports": "$1.1K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "61/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$513.8M",
      "projectionThreeYears": "$611.1M",
      "supplierCount": "19",
      "averageImports": "$665.2M",
      "historicalPeak": "$5.9B",
      "fullHistoryGrowth": "+6.0%",
      "latestAnnualChange": "+48.0%"
    },
    "competition": {
      "topSupplier": {
        "country": "Oman",
        "iso3": "OMN",
        "share": "79.7%"
      },
      "marketConcentrationHhi": "6,691",
      "exporterShare": "0.0%",
      "shareGap": "79.7%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "4,979 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "3.8 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$36.3K",
      "gdpPerPersonGrowth": "+11.2%",
      "populationThousands": "9,991",
      "gdp": "$358.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "26.4%",
      "savingsRate": "61.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 1062.144623106231,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 120669.99999999977,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 59681.99999999999,
          "yoy_growth_pct": -50.54114527222996,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 1033259.9999999995,
          "yoy_growth_pct": 1631.2757615361409,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 830948.794830945,
          "yoy_growth_pct": -19.579893266850036,
          "cagr_3y_pct": 90.25013919170665
        },
        {
          "year": 1999,
          "export_value_usd": 1051998.2733494362,
          "yoy_growth_pct": 26.602057779440358,
          "cagr_3y_pct": 160.2498889664604
        },
        {
          "year": 2000,
          "export_value_usd": 1630011.0449568802,
          "yoy_growth_pct": 54.94426999077866,
          "cagr_3y_pct": 16.41089905590569
        },
        {
          "year": 2001,
          "export_value_usd": 1473757.8876442548,
          "yoy_growth_pct": -9.586018315400969,
          "cagr_3y_pct": 21.046051313289293
        },
        {
          "year": 2002,
          "export_value_usd": 1189939.6940539775,
          "yoy_growth_pct": -19.258128894153014,
          "cagr_3y_pct": 4.192543908200208
        },
        {
          "year": 2003,
          "export_value_usd": 1365172.0070544211,
          "yoy_growth_pct": 14.726150734870336,
          "cagr_3y_pct": -5.738949440469532
        },
        {
          "year": 2004,
          "export_value_usd": 25754547.46807588,
          "yoy_growth_pct": 1786.542306390055,
          "cagr_3y_pct": 159.50312590564644
        },
        {
          "year": 2005,
          "export_value_usd": 117782028.02304712,
          "yoy_growth_pct": 357.32517012401075,
          "cagr_3y_pct": 362.57769953299174
        },
        {
          "year": 2006,
          "export_value_usd": 182896819.12297773,
          "yoy_growth_pct": 55.284148348328,
          "cagr_3y_pct": 411.6892102778433
        },
        {
          "year": 2007,
          "export_value_usd": 59095856.138400964,
          "yoy_growth_pct": -67.68896450918285,
          "cagr_3y_pct": 31.896833225728006
        },
        {
          "year": 2008,
          "export_value_usd": 42576860.7437451,
          "yoy_growth_pct": -27.95288278076351,
          "cagr_3y_pct": -28.764216873185035
        },
        {
          "year": 2009,
          "export_value_usd": 5566330.616013805,
          "yoy_growth_pct": -86.92639495073261,
          "cagr_3y_pct": -68.77846280015125
        },
        {
          "year": 2010,
          "export_value_usd": 14229959.408576436,
          "yoy_growth_pct": 155.64344610861224,
          "cagr_3y_pct": -37.7868471980927
        },
        {
          "year": 2011,
          "export_value_usd": 9741647.089264927,
          "yoy_growth_pct": -31.54128687539608,
          "cagr_3y_pct": -38.8373559320226
        },
        {
          "year": 2012,
          "export_value_usd": 11442317.32541079,
          "yoy_growth_pct": 17.457727841731852,
          "cagr_3y_pct": 27.149599505967025
        },
        {
          "year": 2013,
          "export_value_usd": 32587738.419021595,
          "yoy_growth_pct": 184.8001632208855,
          "cagr_3y_pct": 31.81055442579439
        },
        {
          "year": 2014,
          "export_value_usd": 320452604.7109456,
          "yoy_growth_pct": 883.3533109615736,
          "cagr_3y_pct": 220.41325303893453
        },
        {
          "year": 2015,
          "export_value_usd": 371460086.0337461,
          "yoy_growth_pct": 15.917324613045425,
          "cagr_3y_pct": 219.00639485826815
        },
        {
          "year": 2016,
          "export_value_usd": 68827315.56934309,
          "yoy_growth_pct": -81.47114100353427,
          "cagr_3y_pct": 28.30262343520651
        },
        {
          "year": 2017,
          "export_value_usd": 18482095.0238016,
          "yoy_growth_pct": -73.1471511406238,
          "cagr_3y_pct": -61.36367615579348
        },
        {
          "year": 2018,
          "export_value_usd": 14935798.113495827,
          "yoy_growth_pct": -19.18774308723542,
          "cagr_3y_pct": -65.74120421459607
        },
        {
          "year": 2019,
          "export_value_usd": 10303187.090084676,
          "yoy_growth_pct": -31.016829420218084,
          "cagr_3y_pct": -46.90296728585538
        },
        {
          "year": 2020,
          "export_value_usd": 7375555.709927868,
          "yoy_growth_pct": -28.41481334425373,
          "cagr_3y_pct": -26.37682943438685
        },
        {
          "year": 2021,
          "export_value_usd": 25802848.654445317,
          "yoy_growth_pct": 249.84277347011817,
          "cagr_3y_pct": 19.990373947604102
        },
        {
          "year": 2022,
          "export_value_usd": 31379602.79861991,
          "yoy_growth_pct": 21.61293979149015,
          "cagr_3y_pct": 44.952358244714866
        },
        {
          "year": 2023,
          "export_value_usd": 34002290.342405245,
          "yoy_growth_pct": 8.357937353817245,
          "cagr_3y_pct": 66.43237395457868
        },
        {
          "year": 2024,
          "export_value_usd": 19375571.20177217,
          "yoy_growth_pct": -43.01686443278108,
          "cagr_3y_pct": -9.107310738302344
        }
      ],
      "routeHistoryScope": "Broader Mauritius to ARE route exports, not only HS 721420."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "SGP",
        "hs_code": "270900",
        "your_market_share_pct": 7.138607275901792e-7,
        "your_share_change_pp": 7.138607275901792e-7,
        "market_imports_usd": 27133233591.71922,
        "market_yoy_growth_pct": -10.102687948857037,
        "market_cagr_3y_pct": 2.132683,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 27.859656877713007,
        "your_share_gap_pp": 27.85965616385228,
        "num_suppliers": 49,
        "market_hhi": 1613.7168108996395,
        "volatility_mean_usd": 193.69349873658973,
        "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": 45.78702899342427,
        "exporter_name": "Mauritius",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-sgp-270900"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "BRA",
        "hs_code": "300490",
        "your_market_share_pct": 0.00004365954839502086,
        "your_share_change_pp": 0.00004365954839502086,
        "market_imports_usd": 4278103692.485867,
        "market_yoy_growth_pct": 21.957176754639327,
        "market_cagr_3y_pct": 16.618212,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 24.164804656392434,
        "your_share_gap_pp": 24.164760996844038,
        "num_suppliers": 66,
        "market_hhi": 1063.0102516539307,
        "volatility_mean_usd": 1867.8007520100414,
        "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": 65.43126000387028,
        "exporter_name": "Mauritius",
        "importer_name": "BRA",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-bra-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "MEX",
        "hs_code": "300490",
        "your_market_share_pct": 0.00023988498422558932,
        "your_share_change_pp": 0.00023988498422558932,
        "market_imports_usd": 3939876449.753962,
        "market_yoy_growth_pct": 15.58569720159011,
        "market_cagr_3y_pct": 12.292041,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 21.76622003280756,
        "your_share_gap_pp": 21.765980147823335,
        "num_suppliers": 63,
        "market_hhi": 1034.1567354997185,
        "volatility_mean_usd": 9451.172,
        "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": 79.51063231669974,
        "exporter_name": "Mauritius",
        "importer_name": "Mexico",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-mex-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "IND",
        "hs_code": "841112",
        "your_market_share_pct": 0.05372275270417011,
        "your_share_change_pp": 0.05372275270417011,
        "market_imports_usd": 2440949036.372922,
        "market_yoy_growth_pct": -20.668775421803474,
        "market_cagr_3y_pct": 14.029883,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 48.16932067394517,
        "your_share_gap_pp": 48.115597921241005,
        "num_suppliers": 26,
        "market_hhi": 3001.9618279290844,
        "volatility_mean_usd": 1311345.0144454483,
        "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": "Mauritius",
        "importer_name": "India",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-ind-841112"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "ESP",
        "hs_code": "870840",
        "your_market_share_pct": 0.000005425518570103338,
        "your_share_change_pp": 0.000005425518570103338,
        "market_imports_usd": 2294451195.6566377,
        "market_yoy_growth_pct": -7.3443832308347945,
        "market_cagr_3y_pct": 2.142808,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 39.36678474151717,
        "your_share_gap_pp": 39.3667793159986,
        "num_suppliers": 78,
        "market_hhi": 2049.8578807549798,
        "volatility_mean_usd": 124.48587570230895,
        "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": 41.9718969147869,
        "exporter_name": "Mauritius",
        "importer_name": "Spain",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-esp-870840"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "CHN",
        "hs_code": "900190",
        "your_market_share_pct": 0.000006159806370125723,
        "your_share_change_pp": 0.000006159806370125723,
        "market_imports_usd": 2255185866.212942,
        "market_yoy_growth_pct": 4.386408129990427,
        "market_cagr_3y_pct": -5.340231,
        "top_supplier_iso3": "JPN",
        "top_supplier_share_pct": 23.394179101096775,
        "your_share_gap_pp": 23.394172941290403,
        "num_suppliers": 66,
        "market_hhi": 1405.1580142011132,
        "volatility_mean_usd": 138.9150826451598,
        "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": 42.917290666748016,
        "exporter_name": "Mauritius",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-chn-900190"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "MYS",
        "hs_code": "848690",
        "your_market_share_pct": 0.0002874572866854399,
        "your_share_change_pp": 0.0002874572866854399,
        "market_imports_usd": 2079091251.8331943,
        "market_yoy_growth_pct": 101.37159613837086,
        "market_cagr_3y_pct": 36.885698,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 45.87663738329301,
        "your_share_gap_pp": 45.87634992600632,
        "num_suppliers": 66,
        "market_hhi": 2705.714422520062,
        "volatility_mean_usd": 5976.499300234046,
        "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": 75.5303906789281,
        "exporter_name": "Mauritius",
        "importer_name": "Malaysia",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-mys-848690"
      },
      {
        "year": 2024,
        "exporter_iso3": "MUS",
        "importer_iso3": "CHN",
        "hs_code": "848390",
        "your_market_share_pct": 0.001247884850973271,
        "your_share_change_pp": 0.001247884850973271,
        "market_imports_usd": 1416670711.3445697,
        "market_yoy_growth_pct": 3.805508911792832,
        "market_cagr_3y_pct": -6.940256,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 38.659922705093074,
        "your_share_gap_pp": 38.6586748202421,
        "num_suppliers": 99,
        "market_hhi": 1962.7552066354096,
        "volatility_mean_usd": 17678.41919504416,
        "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": 84.9493598690494,
        "exporter_name": "Mauritius",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/mus-chn-848390"
      }
    ],
    "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/721420",
    "workspace": "https://www.yugalinks.com/app?hs=721420",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/mus-are-721420/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/mus-are-721420/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/mus-are-721420/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": "2026-09-02T11:47:15.851Z"
}