{ "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/nga-isl-847150", "seo": { "title": "Nigeria to Iceland new corridor | HS 847150 | Yugalinks", "description": "Reported new-corridor signal for Nigeria to Iceland in digital processing units (HS 847150), 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": "NGA-ISL-HS 847150", "url": "https://www.yugalinks.com/trade/signal/new-corridor/nga-isl-847150" } ], "exporter": { "iso3": "NGA", "country_name": "Nigeria" }, "importer": { "iso3": "ISL", "country_name": "Iceland" }, "hsCode": "847150", "product": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "ISL", "hs_code": "847150", "your_market_share_pct": 0.00011132978499820937, "your_share_change_pp": 0.00011132978499820937, "market_imports_usd": 408263847.81777716, "market_yoy_growth_pct": 667.8701172957936, "market_cagr_3y_pct": 77.697436, "top_supplier_iso3": "USA", "top_supplier_share_pct": 48.784510402687644, "your_share_gap_pp": 48.784399072902644, "num_suppliers": 47, "market_hhi": 3110.851322119776, "volatility_mean_usd": 454.519264000948, "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": 53.170134961960954 }, "market": { "exporter_iso3": "NGA", "importer_iso3": "ISL", "hs_code": "847150", "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units", "hs_chapter": "84", "hs_heading": "8471", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -11.105368, "buyer_imports_latest_usd": 408263847.81777716, "buyer_imports_avg_usd": 32216339.258048404, "buyer_imports_peak_usd": 408263847.81777716, "buyer_cagr_full_pct": 12.7044, "buyer_yoy_avg_pct": 40.5285, "buyer_yoy_latest_pct": 667.8701, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 584471665.85, "buyer_imports_proj_5y_usd": 742412292.37, "buyer_gdp_mn_latest": 25458.933916, "buyer_gdp_pc_latest": 68384, "buyer_population_latest": 372.295, "buyer_investment_rate": 23.28, "buyer_savings_rate": 24.42, "buyer_edu_secondary": 82.23, "buyer_gdp_mn_2030_proj": 28820.11, "buyer_gdp_pc_2030_proj": 75175.18, "buyer_gdp_pc_growth_pct": 9.93, "buyer_gdp_mn_growth_pct": 13.2, "buyer_pop_growth_pct": 2.98, "exports_latest_usd": 454.519264000948, "exports_avg_usd": 454.519264000948, "exports_peak_usd": 454.519264000948, "share_latest_pct": 0.00011132978499820937, "share_avg_pct": 0.00011132978499820937, "share_peak_pct": 0.00011132978499820937, "share_change_1y_pp": 0.00011132978499820937, "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": 48.7844, "addressable_proj_3y_usd": 285130989.94, "addressable_proj_5y_usd": 362181375.48, "peer_best_share_pct": 48.78451040268764, "peer_top_exporter": "USA", "num_suppliers_latest": 47, "buyer_herfindahl_index": 3110.85, "distance_km": 6734.041015625, "shares_official_language": 0, "common_spoken_language_score": 0.47169995307922363, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_biz_entry_days": 11.5, "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": "NGA", "importer_iso3": "ISL", "hs_code": "847150" }, "productHistory": [ { "year": 2024, "export_value_usd": 454.519264000948, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 41409.00091071529, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 73410.27793079542, "yoy_growth_pct": 77.28096866930024, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 46107.68010381801, "yoy_growth_pct": -37.191791935069126, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 3670.047434422171, "yoy_growth_pct": -92.04026872278428, "cagr_3y_pct": -55.41463684485854 }, { "year": 1999, "export_value_usd": 1351.6840187025307, "yoy_growth_pct": -63.16984881381116, "cagr_3y_pct": -73.59378812622195 }, { "year": 2000, "export_value_usd": 2751.6802595200006, "yoy_growth_pct": 103.574224555922, "cagr_3y_pct": -60.921168835942964 }, { "year": 2005, "export_value_usd": 1744881.8933634395, "yoy_growth_pct": 63311.50601806528, "cagr_3y_pct": 680.4854049591725 }, { "year": 2006, "export_value_usd": 6928.663268997913, "yoy_growth_pct": -99.60291505715368, "cagr_3y_pct": 72.42150255549372 }, { "year": 2007, "export_value_usd": 17936.528853942473, "yoy_growth_pct": 158.87430457472092, "cagr_3y_pct": 86.80140745200629 }, { "year": 2008, "export_value_usd": 6602920.655018582, "yoy_growth_pct": 36712.700544159365, "cagr_3y_pct": 55.832013011934635 }, { "year": 2009, "export_value_usd": 141201.28456209245, "yoy_growth_pct": -97.86153291945479, "cagr_3y_pct": 173.1469764103558 }, { "year": 2010, "export_value_usd": 1305423.616367053, "yoy_growth_pct": 824.5125640432829, "cagr_3y_pct": 317.5139796522624 }, { "year": 2011, "export_value_usd": 6828603.383751428, "yoy_growth_pct": 423.09482516910373, "cagr_3y_pct": 1.1265683683125527 }, { "year": 2012, "export_value_usd": 372544.5079525137, "yoy_growth_pct": -94.54435281980238, "cagr_3y_pct": 38.18041921192685 }, { "year": 2013, "export_value_usd": 1100809.6086641573, "yoy_growth_pct": 195.4840522852297, "cagr_3y_pct": -5.524271630390098 }, { "year": 2014, "export_value_usd": 119329.8795415427, "yoy_growth_pct": -89.1598075995766, "cagr_3y_pct": -74.04989589694715 }, { "year": 2015, "export_value_usd": 32493.226363067075, "yoy_growth_pct": -72.77025126656974, "cagr_3y_pct": -55.65225344615725 }, { "year": 2016, "export_value_usd": 1337.3321182438435, "yoy_growth_pct": -95.88427414593738, "cagr_3y_pct": -89.32972314931229 }, { "year": 2017, "export_value_usd": 3566091.2487305286, "yoy_growth_pct": 266557.11531802925, "cagr_3y_pct": 210.32332253950096 }, { "year": 2018, "export_value_usd": 3749.02817703898, "yoy_growth_pct": -99.89487009962592, "cagr_3y_pct": -51.31722906855827 }, { "year": 2019, "export_value_usd": 143582.82854258103, "yoy_growth_pct": 3729.8679487649033, "cagr_3y_pct": 375.2853301448626 }, { "year": 2020, "export_value_usd": 8455.411904404225, "yoy_growth_pct": -94.11112596803545, "cagr_3y_pct": -86.66537605570818 }, { "year": 2021, "export_value_usd": 24516.196493272357, "yoy_growth_pct": 189.94680295234875, "cagr_3y_pct": 87.0013734754381 }, { "year": 2022, "export_value_usd": 19609.57424581312, "yoy_growth_pct": -20.01379883215446, "cagr_3y_pct": -48.50221457628091 }, { "year": 2023, "export_value_usd": 17226.55071425615, "yoy_growth_pct": -12.152347122303143, "cagr_3y_pct": 26.771370665436443 }, { "year": 2024, "export_value_usd": 27296646.632542524, "yoy_growth_pct": 158356.83262611987, "cagr_3y_pct": 936.4588591953053 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "MYS", "hs_code": "271019", "your_market_share_pct": 0.5338284277935746, "your_share_change_pp": 0.5338284277935746, "market_imports_usd": 13775883232.928, "market_yoy_growth_pct": -5.020792771608795, "market_cagr_3y_pct": 6.925555, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 29.991750941491595, "your_share_gap_pp": 29.45792251369802, "num_suppliers": 76, "market_hhi": 1384.5324622399487, "volatility_mean_usd": 73539580.8770182, "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": "Nigeria", "importer_name": "Malaysia", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "FRA", "hs_code": "710812", "your_market_share_pct": 0.00674070031723688, "your_share_change_pp": 0.00674070031723688, "market_imports_usd": 4667816726.522249, "market_yoy_growth_pct": 45.10768276857742, "market_cagr_3y_pct": 23.904426, "top_supplier_iso3": "CHE", "top_supplier_share_pct": 65.49001183980569, "your_share_gap_pp": 65.48327113948845, "num_suppliers": 34, "market_hhi": 4756.414933844328, "volatility_mean_usd": 314643.5368927214, "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": "Nigeria", "importer_name": "France", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "HUN", "hs_code": "270900", "your_market_share_pct": 3.5924946546114357e-8, "your_share_change_pp": 3.5924946546114357e-8, "market_imports_usd": 2907230005.8632426, "market_yoy_growth_pct": 4.224087602826798, "market_cagr_3y_pct": 2.341831, "top_supplier_iso3": "RUS", "top_supplier_share_pct": 77.0358887021971, "your_share_gap_pp": 77.03588866627216, "num_suppliers": 12, "market_hhi": 6184.777723648508, "volatility_mean_usd": 1.044420825578967, "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": 6.21140592529578, "exporter_name": "Nigeria", "importer_name": "Hungary", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "401511", "your_market_share_pct": 0.00014087466075522287, "your_share_change_pp": 0.00014087466075522287, "market_imports_usd": 2025036136.2068353, "market_yoy_growth_pct": 27.17464817412152, "market_cagr_3y_pct": 57.642611, "top_supplier_iso3": "MYS", "top_supplier_share_pct": 49.95370199857753, "your_share_gap_pp": 49.95356112391677, "num_suppliers": 49, "market_hhi": 3433.725849100203, "volatility_mean_usd": 2852.7627870520523, "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": 69.10835740951873, "exporter_name": "Nigeria", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "961700", "your_market_share_pct": 0.0015612683621604826, "your_share_change_pp": 0.0015612683621604826, "market_imports_usd": 1824029511.7204483, "market_yoy_growth_pct": 28.733671013536323, "market_cagr_3y_pct": 17.684526, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 94.97845838214032, "your_share_gap_pp": 94.97689711377815, "num_suppliers": 78, "market_hhi": 9025.662159335605, "volatility_mean_usd": 28477.99568296169, "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": 89.09049339519628, "exporter_name": "Nigeria", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "MHL", "hs_code": "890120", "your_market_share_pct": 2.124476339514263e-8, "your_share_change_pp": 2.124476339514263e-8, "market_imports_usd": 1697673256.9736643, "market_yoy_growth_pct": -53.253563443115446, "market_cagr_3y_pct": -21.190195, "top_supplier_iso3": "KOR", "top_supplier_share_pct": 42.17204223834371, "your_share_gap_pp": 42.17204221709894, "num_suppliers": 13, "market_hhi": 3023.1931971656763, "volatility_mean_usd": 0.3606666666666667, "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": 2.6750349132077855, "exporter_name": "Nigeria", "importer_name": "Marshall Islands", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "CHN", "hs_code": "271311", "your_market_share_pct": 0.0021038054284147727, "your_share_change_pp": 0.0021038054284147727, "market_imports_usd": 1656514318.9381466, "market_yoy_growth_pct": -41.573304147816124, "market_cagr_3y_pct": -3.926655, "top_supplier_iso3": "USA", "top_supplier_share_pct": 28.230924037021985, "your_share_gap_pp": 28.22882023159357, "num_suppliers": 37, "market_hhi": 1399.4191478796683, "volatility_mean_usd": 34849.83816428873, "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": 90.84426454724485, "exporter_name": "Nigeria", "importer_name": "CHN", "published": true }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "ITA", "hs_code": "300212", "your_market_share_pct": 0.00017545853624049404, "your_share_change_pp": 0.00017545853624049404, "market_imports_usd": 1459787764.6034555, "market_yoy_growth_pct": 4.472380428583733, "market_cagr_3y_pct": 5.417807, "top_supplier_iso3": "AUT", "top_supplier_share_pct": 28.55531142080886, "your_share_gap_pp": 28.55513596227262, "num_suppliers": 41, "market_hhi": 1577.7498176691843, "volatility_mean_usd": 2561.322243991052, "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 } ], "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": "Iceland", "imports": "$408.3M", "year": 2024, "annualChange": "+667.9%" }, "exporterPosition": { "exporter": "Nigeria", "routeExports": "$454.5", "currentShare": "0.0%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "53/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$408.3M", "projectionThreeYears": "$584.5M", "supplierCount": "47", "averageImports": "$32.2M", "historicalPeak": "$408.3M", "fullHistoryGrowth": "+12.7%", "latestAnnualChange": "+667.9%" }, "competition": { "topSupplier": { "country": "USA, Puerto Rico and US Virgin Islands", "iso3": "USA", "share": "48.8%" }, "marketConcentrationHhi": "3,111", "exporterShare": "0.0%", "shareGap": "48.8%" }, "access": { "appliedTariff": "Not reported", "mfnTariff": "Not reported", "preferentialTariff": "Not reported", "distance": "6,734 km", "tradeAgreement": "Not reported", "businessEntryTime": "11.5 days", "sharedSpokenLanguageScore": "0.5" }, "economy": { "gdpPerPerson": "$68.4K", "gdpPerPersonGrowth": "+9.9%", "populationThousands": "372", "gdp": "$25.5B", "gdpFiveYearCagr": "Not reported", "investmentRate": "23.3%", "savingsRate": "24.4%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 454.519264000948, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 41409.00091071529, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 73410.27793079542, "yoy_growth_pct": 77.28096866930024, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 46107.68010381801, "yoy_growth_pct": -37.191791935069126, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 3670.047434422171, "yoy_growth_pct": -92.04026872278428, "cagr_3y_pct": -55.41463684485854 }, { "year": 1999, "export_value_usd": 1351.6840187025307, "yoy_growth_pct": -63.16984881381116, "cagr_3y_pct": -73.59378812622195 }, { "year": 2000, "export_value_usd": 2751.6802595200006, "yoy_growth_pct": 103.574224555922, "cagr_3y_pct": -60.921168835942964 }, { "year": 2005, "export_value_usd": 1744881.8933634395, "yoy_growth_pct": 63311.50601806528, "cagr_3y_pct": 680.4854049591725 }, { "year": 2006, "export_value_usd": 6928.663268997913, "yoy_growth_pct": -99.60291505715368, "cagr_3y_pct": 72.42150255549372 }, { "year": 2007, "export_value_usd": 17936.528853942473, "yoy_growth_pct": 158.87430457472092, "cagr_3y_pct": 86.80140745200629 }, { "year": 2008, "export_value_usd": 6602920.655018582, "yoy_growth_pct": 36712.700544159365, "cagr_3y_pct": 55.832013011934635 }, { "year": 2009, "export_value_usd": 141201.28456209245, "yoy_growth_pct": -97.86153291945479, "cagr_3y_pct": 173.1469764103558 }, { "year": 2010, "export_value_usd": 1305423.616367053, "yoy_growth_pct": 824.5125640432829, "cagr_3y_pct": 317.5139796522624 }, { "year": 2011, "export_value_usd": 6828603.383751428, "yoy_growth_pct": 423.09482516910373, "cagr_3y_pct": 1.1265683683125527 }, { "year": 2012, "export_value_usd": 372544.5079525137, "yoy_growth_pct": -94.54435281980238, "cagr_3y_pct": 38.18041921192685 }, { "year": 2013, "export_value_usd": 1100809.6086641573, "yoy_growth_pct": 195.4840522852297, "cagr_3y_pct": -5.524271630390098 }, { "year": 2014, "export_value_usd": 119329.8795415427, "yoy_growth_pct": -89.1598075995766, "cagr_3y_pct": -74.04989589694715 }, { "year": 2015, "export_value_usd": 32493.226363067075, "yoy_growth_pct": -72.77025126656974, "cagr_3y_pct": -55.65225344615725 }, { "year": 2016, "export_value_usd": 1337.3321182438435, "yoy_growth_pct": -95.88427414593738, "cagr_3y_pct": -89.32972314931229 }, { "year": 2017, "export_value_usd": 3566091.2487305286, "yoy_growth_pct": 266557.11531802925, "cagr_3y_pct": 210.32332253950096 }, { "year": 2018, "export_value_usd": 3749.02817703898, "yoy_growth_pct": -99.89487009962592, "cagr_3y_pct": -51.31722906855827 }, { "year": 2019, "export_value_usd": 143582.82854258103, "yoy_growth_pct": 3729.8679487649033, "cagr_3y_pct": 375.2853301448626 }, { "year": 2020, "export_value_usd": 8455.411904404225, "yoy_growth_pct": -94.11112596803545, "cagr_3y_pct": -86.66537605570818 }, { "year": 2021, "export_value_usd": 24516.196493272357, "yoy_growth_pct": 189.94680295234875, "cagr_3y_pct": 87.0013734754381 }, { "year": 2022, "export_value_usd": 19609.57424581312, "yoy_growth_pct": -20.01379883215446, "cagr_3y_pct": -48.50221457628091 }, { "year": 2023, "export_value_usd": 17226.55071425615, "yoy_growth_pct": -12.152347122303143, "cagr_3y_pct": 26.771370665436443 }, { "year": 2024, "export_value_usd": 27296646.632542524, "yoy_growth_pct": 158356.83262611987, "cagr_3y_pct": 936.4588591953053 } ], "routeHistoryScope": "Broader Nigeria to Iceland route exports, not only HS 847150." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "MYS", "hs_code": "271019", "your_market_share_pct": 0.5338284277935746, "your_share_change_pp": 0.5338284277935746, "market_imports_usd": 13775883232.928, "market_yoy_growth_pct": -5.020792771608795, "market_cagr_3y_pct": 6.925555, "top_supplier_iso3": "SGP", "top_supplier_share_pct": 29.991750941491595, "your_share_gap_pp": 29.45792251369802, "num_suppliers": 76, "market_hhi": 1384.5324622399487, "volatility_mean_usd": 73539580.8770182, "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": "Nigeria", "importer_name": "Malaysia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-mys-271019" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "FRA", "hs_code": "710812", "your_market_share_pct": 0.00674070031723688, "your_share_change_pp": 0.00674070031723688, "market_imports_usd": 4667816726.522249, "market_yoy_growth_pct": 45.10768276857742, "market_cagr_3y_pct": 23.904426, "top_supplier_iso3": "CHE", "top_supplier_share_pct": 65.49001183980569, "your_share_gap_pp": 65.48327113948845, "num_suppliers": 34, "market_hhi": 4756.414933844328, "volatility_mean_usd": 314643.5368927214, "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": "Nigeria", "importer_name": "France", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-fra-710812" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "HUN", "hs_code": "270900", "your_market_share_pct": 3.5924946546114357e-8, "your_share_change_pp": 3.5924946546114357e-8, "market_imports_usd": 2907230005.8632426, "market_yoy_growth_pct": 4.224087602826798, "market_cagr_3y_pct": 2.341831, "top_supplier_iso3": "RUS", "top_supplier_share_pct": 77.0358887021971, "your_share_gap_pp": 77.03588866627216, "num_suppliers": 12, "market_hhi": 6184.777723648508, "volatility_mean_usd": 1.044420825578967, "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": 6.21140592529578, "exporter_name": "Nigeria", "importer_name": "Hungary", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-hun-270900" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "401511", "your_market_share_pct": 0.00014087466075522287, "your_share_change_pp": 0.00014087466075522287, "market_imports_usd": 2025036136.2068353, "market_yoy_growth_pct": 27.17464817412152, "market_cagr_3y_pct": 57.642611, "top_supplier_iso3": "MYS", "top_supplier_share_pct": 49.95370199857753, "your_share_gap_pp": 49.95356112391677, "num_suppliers": 49, "market_hhi": 3433.725849100203, "volatility_mean_usd": 2852.7627870520523, "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": 69.10835740951873, "exporter_name": "Nigeria", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-usa-401511" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "USA", "hs_code": "961700", "your_market_share_pct": 0.0015612683621604826, "your_share_change_pp": 0.0015612683621604826, "market_imports_usd": 1824029511.7204483, "market_yoy_growth_pct": 28.733671013536323, "market_cagr_3y_pct": 17.684526, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 94.97845838214032, "your_share_gap_pp": 94.97689711377815, "num_suppliers": 78, "market_hhi": 9025.662159335605, "volatility_mean_usd": 28477.99568296169, "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": 89.09049339519628, "exporter_name": "Nigeria", "importer_name": "USA, Puerto Rico and US Virgin Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-usa-961700" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "MHL", "hs_code": "890120", "your_market_share_pct": 2.124476339514263e-8, "your_share_change_pp": 2.124476339514263e-8, "market_imports_usd": 1697673256.9736643, "market_yoy_growth_pct": -53.253563443115446, "market_cagr_3y_pct": -21.190195, "top_supplier_iso3": "KOR", "top_supplier_share_pct": 42.17204223834371, "your_share_gap_pp": 42.17204221709894, "num_suppliers": 13, "market_hhi": 3023.1931971656763, "volatility_mean_usd": 0.3606666666666667, "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": 2.6750349132077855, "exporter_name": "Nigeria", "importer_name": "Marshall Islands", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-mhl-890120" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "CHN", "hs_code": "271311", "your_market_share_pct": 0.0021038054284147727, "your_share_change_pp": 0.0021038054284147727, "market_imports_usd": 1656514318.9381466, "market_yoy_growth_pct": -41.573304147816124, "market_cagr_3y_pct": -3.926655, "top_supplier_iso3": "USA", "top_supplier_share_pct": 28.230924037021985, "your_share_gap_pp": 28.22882023159357, "num_suppliers": 37, "market_hhi": 1399.4191478796683, "volatility_mean_usd": 34849.83816428873, "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": 90.84426454724485, "exporter_name": "Nigeria", "importer_name": "CHN", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-chn-271311" }, { "year": 2024, "exporter_iso3": "NGA", "importer_iso3": "ITA", "hs_code": "300212", "your_market_share_pct": 0.00017545853624049404, "your_share_change_pp": 0.00017545853624049404, "market_imports_usd": 1459787764.6034555, "market_yoy_growth_pct": 4.472380428583733, "market_cagr_3y_pct": 5.417807, "top_supplier_iso3": "AUT", "top_supplier_share_pct": 28.55531142080886, "your_share_gap_pp": 28.55513596227262, "num_suppliers": 41, "market_hhi": 1577.7498176691843, "volatility_mean_usd": 2561.322243991052, "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, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nga-ita-300212" } ], "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/847150", "workspace": "https://www.yugalinks.com/app?hs=847150", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/nga-isl-847150/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/nga-isl-847150/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/nga-isl-847150/index.ld.json" }, "methodology": { "summary": "Reported trade observations and calculated signal indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.", "url": "https://www.yugalinks.com/methodology" }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-09-02", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-09-02" } ] }, "generatedAt": "2026-09-02T11:46:55.679Z" }