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      "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": 68.17267493585967,
      "exporter_name": "Nigeria",
      "importer_name": "Italy",
      "published": true
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  ],
  "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": "Spain",
        "imports": "$857.0M",
        "year": 2024,
        "annualChange": "+54.1%"
      },
      "exporterPosition": {
        "exporter": "Nigeria",
        "routeExports": "$56.9K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "95/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$857.0M",
      "projectionThreeYears": "$1.2B",
      "supplierCount": "75",
      "averageImports": "$159.4M",
      "historicalPeak": "$1.0B",
      "fullHistoryGrowth": "+10.5%",
      "latestAnnualChange": "+54.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "Malaysia",
        "iso3": "MYS",
        "share": "26.9%"
      },
      "marketConcentrationHhi": "1,701",
      "exporterShare": "0.0%",
      "shareGap": "26.9%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "3,848 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "12.5 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$30.1K",
      "gdpPerPersonGrowth": "+1.9%",
      "populationThousands": "47,327",
      "gdp": "$1.4T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "24.3%",
      "savingsRate": "22.0%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 56873.836591916704,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "export_value_usd": 670389411.0033432,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 1550140295.9778147,
          "yoy_growth_pct": 131.22983008603697,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 1249702069.918384,
          "yoy_growth_pct": -19.381357083548156,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 678597255.7625512,
          "yoy_growth_pct": -45.69927728399544,
          "cagr_3y_pct": 0.4064589586203038
        },
        {
          "year": 1999,
          "export_value_usd": 1079946615.869836,
          "yoy_growth_pct": 59.14397040351744,
          "cagr_3y_pct": -11.350335976989289
        },
        {
          "year": 2000,
          "export_value_usd": 2463023988.733276,
          "yoy_growth_pct": 128.0690501307279,
          "cagr_3y_pct": 25.377820927797234
        },
        {
          "year": 2001,
          "export_value_usd": 1579992875.9680443,
          "yoy_growth_pct": -35.85150273828114,
          "cagr_3y_pct": 32.540216779997635
        },
        {
          "year": 2002,
          "export_value_usd": 1291334732.8114724,
          "yoy_growth_pct": -18.26958510681348,
          "cagr_3y_pct": 6.139942530989173
        },
        {
          "year": 2003,
          "export_value_usd": 1949713463.345054,
          "yoy_growth_pct": 50.98435857139616,
          "cagr_3y_pct": -7.494536616535963
        },
        {
          "year": 2004,
          "export_value_usd": 2704713189.610442,
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          "year": 2005,
          "export_value_usd": 3178586304.2482495,
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          "year": 2007,
          "export_value_usd": 3568555538.4908004,
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          "cagr_3y_pct": 9.679066922993385
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        {
          "year": 2008,
          "export_value_usd": 5491454515.830786,
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          "cagr_3y_pct": 19.99167827441941
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          "year": 2010,
          "export_value_usd": 4321270729.39774,
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          "year": 2011,
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          "cagr_3y_pct": 39.53089347293963
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        {
          "year": 2013,
          "export_value_usd": 6896546467.839578,
          "yoy_growth_pct": -20.383458385033727,
          "cagr_3y_pct": 16.862022149596555
        },
        {
          "year": 2014,
          "export_value_usd": 8374013784.443106,
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          "cagr_3y_pct": 4.035763624969757
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          "year": 2015,
          "export_value_usd": 4729280026.562096,
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        {
          "year": 2016,
          "export_value_usd": 3165907523.590136,
          "yoy_growth_pct": -33.05730458317644,
          "cagr_3y_pct": -22.8583626338701
        },
        {
          "year": 2017,
          "export_value_usd": 4506078794.732414,
          "yoy_growth_pct": 42.3313461039609,
          "cagr_3y_pct": -18.662958788639873
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        {
          "year": 2018,
          "export_value_usd": 6321798218.973621,
          "yoy_growth_pct": 40.29488845964644,
          "cagr_3y_pct": 10.157786322134733
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        {
          "year": 2019,
          "export_value_usd": 5653296979.706209,
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          "cagr_3y_pct": 21.32059321158415
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        {
          "year": 2020,
          "export_value_usd": 3928489652.153361,
          "yoy_growth_pct": -30.509759769289236,
          "cagr_3y_pct": -4.469450184375134
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        {
          "year": 2021,
          "export_value_usd": 5888108480.355379,
          "yoy_growth_pct": 49.88224487565785,
          "cagr_3y_pct": -2.341123367172415
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          "yoy_growth_pct": 38.36737743240499,
          "cagr_3y_pct": 12.95424852364877
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        {
          "year": 2023,
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      ],
      "routeHistoryScope": "Broader Nigeria to Spain route exports, not only HS 151800."
    },
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    ],
    "faq": [
      {
        "question": "What does a new corridor signal mean?",
        "answer": "It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales."
      },
      {
        "question": "Is the market opportunity reported trade?",
        "answer": "Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast."
      },
      {
        "question": "What should exporters check next?",
        "answer": "Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route."
      }
    ],
    "dataSources": {
      "publisher": "OECD",
      "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
      "year": 2025,
      "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)",
      "sourceUrl": "https://data-explorer.oecd.org/",
      "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
      "termsUrl": "https://www.oecd.org/termsandconditions/",
      "terms": "OECD Terms & Conditions",
      "accessed": "2026-09-02",
      "supportingSources": [
        {
          "publisher": "CEPII",
          "dataset": "BACI bilateral trade flows",
          "release": "202601",
          "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
          "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
          "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
          "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
          "license": "Etalab 2.0 Open Licence",
          "accessed": "2026-09-02"
        }
      ]
    }
  },
  "links": {
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