{
  "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-svk-840991",
  "seo": {
    "title": "Nigeria to Slovakia new corridor | HS 840991 | Yugalinks",
    "description": "Reported new-corridor signal for Nigeria to Slovakia in engines (HS 840991), with market demand, growth, share, competition, access, and evidence.",
    "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-SVK-HS 840991",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/nga-svk-840991"
    }
  ],
  "exporter": {
    "iso3": "NGA",
    "country_name": "Nigeria"
  },
  "importer": {
    "iso3": "SVK",
    "country_name": "Slovakia"
  },
  "hsCode": "840991",
  "product": "Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "NGA",
    "importer_iso3": "SVK",
    "hs_code": "840991",
    "your_market_share_pct": 0.00006943922013609518,
    "your_share_change_pp": 0.00006943922013609518,
    "market_imports_usd": 511175630.1826081,
    "market_yoy_growth_pct": 9.435985165123096,
    "market_cagr_3y_pct": 13.793189,
    "top_supplier_iso3": "KOR",
    "top_supplier_share_pct": 55.261520019972764,
    "your_share_gap_pp": 55.26145058075263,
    "num_suppliers": 64,
    "market_hhi": 3493.3654803146155,
    "volatility_mean_usd": 354.9563711245731,
    "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": 51.02793541221041
  },
  "market": {
    "exporter_iso3": "NGA",
    "importer_iso3": "SVK",
    "hs_code": "840991",
    "hs_description": "Engines: parts, suitable for use solely or principally with spark-ignition internal combustion piston engines (for other than aircraft)",
    "hs_chapter": "84",
    "hs_heading": "8409",
    "price_range_label": "Low price range",
    "trade_type_label": "Two-way horizontal trade",
    "substitution_elasticity": -6.3467488,
    "buyer_imports_latest_usd": 511175630.1826082,
    "buyer_imports_avg_usd": 145927204.74634507,
    "buyer_imports_peak_usd": 511175630.1826082,
    "buyer_cagr_full_pct": 15.1987,
    "buyer_yoy_avg_pct": 18.7145,
    "buyer_yoy_latest_pct": 9.436,
    "buyer_trend_consistency_pct": 79.3103,
    "buyer_imports_proj_3y_usd": 781470346.78,
    "buyer_imports_proj_5y_usd": 1037068423.8,
    "buyer_gdp_mn_latest": 114870.70641,
    "buyer_gdp_pc_latest": 21088,
    "buyer_population_latest": 5447.247,
    "buyer_investment_rate": 26.3,
    "buyer_savings_rate": 25.5,
    "buyer_edu_secondary": 99.05,
    "buyer_gdp_mn_2030_proj": 127073.93,
    "buyer_gdp_pc_2030_proj": 23549.01,
    "buyer_gdp_pc_growth_pct": 11.67,
    "buyer_gdp_mn_growth_pct": 10.62,
    "buyer_pop_growth_pct": -0.94,
    "exports_latest_usd": 354.9563711245731,
    "exports_avg_usd": 354.9563711245731,
    "exports_peak_usd": 354.9563711245731,
    "share_latest_pct": 0.00006943922013609517,
    "share_avg_pct": 0.00006943922013609517,
    "share_peak_pct": 0.00006943922013609517,
    "share_change_1y_pp": 0.00006943922013609517,
    "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": 55.2615,
    "addressable_proj_3y_usd": 431851849.49,
    "addressable_proj_5y_usd": 573099054.51,
    "peer_best_share_pct": 55.261520019972764,
    "peer_top_exporter": "KOR",
    "num_suppliers_latest": 64,
    "buyer_herfindahl_index": 3493.37,
    "distance_km": 4820.96337890625,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.1695999801158905,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 21.5,
    "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": "SVK",
    "hs_code": "840991"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 354.9563711245731,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 263303.3698488208,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 211373.05737708864,
      "yoy_growth_pct": -19.722615970144496,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 61597.397729015654,
      "yoy_growth_pct": -70.85844407353858,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 6292.764158803472,
      "yoy_growth_pct": -89.78404219852418,
      "cagr_3y_pct": -71.19541123099718
    },
    {
      "year": 1999,
      "export_value_usd": 1214.9220888968573,
      "yoy_growth_pct": -80.69334781604358,
      "cagr_3y_pct": -82.0870849499883
    },
    {
      "year": 2000,
      "export_value_usd": 2172.998161493976,
      "yoy_growth_pct": 78.8590545313936,
      "cagr_3y_pct": -67.20313507083758
    },
    {
      "year": 2001,
      "export_value_usd": 3850.20264156562,
      "yoy_growth_pct": 77.18388859190452,
      "cagr_3y_pct": -15.105274050333339
    },
    {
      "year": 2002,
      "export_value_usd": 6024.893926283342,
      "yoy_growth_pct": 56.482515004286114,
      "cagr_3y_pct": 70.52981686473035
    },
    {
      "year": 2003,
      "export_value_usd": 22254.859346444817,
      "yoy_growth_pct": 269.3817620482735,
      "cagr_3y_pct": 117.16433296480528
    },
    {
      "year": 2004,
      "export_value_usd": 7142.774094332166,
      "yoy_growth_pct": -67.9046540661547,
      "cagr_3y_pct": 22.87431480940223
    },
    {
      "year": 2005,
      "export_value_usd": 71447.24364411875,
      "yoy_growth_pct": 900.2730409857504,
      "cagr_3y_pct": 128.04052100139037
    },
    {
      "year": 2006,
      "export_value_usd": 56645.499489382055,
      "yoy_growth_pct": -20.717026157740538,
      "cagr_3y_pct": 36.53589839138214
    },
    {
      "year": 2007,
      "export_value_usd": 96531.15283082915,
      "yoy_growth_pct": 70.41274894031693,
      "cagr_3y_pct": 138.19548545396998
    },
    {
      "year": 2008,
      "export_value_usd": 37749.315961110275,
      "yoy_growth_pct": -60.89416229466775,
      "cagr_3y_pct": -19.157226886309743
    },
    {
      "year": 2009,
      "export_value_usd": 48323.97732685569,
      "yoy_growth_pct": 28.01285558826956,
      "cagr_3y_pct": -5.158353036523689
    },
    {
      "year": 2010,
      "export_value_usd": 1394731.19583393,
      "yoy_growth_pct": 2786.2094409162355,
      "cagr_3y_pct": 143.56095822886314
    },
    {
      "year": 2011,
      "export_value_usd": 6191591.752740771,
      "yoy_growth_pct": 343.92724356027094,
      "cagr_3y_pct": 447.3911129492516
    },
    {
      "year": 2012,
      "export_value_usd": 8730684.259093774,
      "yoy_growth_pct": 41.008719691976616,
      "cagr_3y_pct": 465.32111065768004
    },
    {
      "year": 2013,
      "export_value_usd": 4455631.86928959,
      "yoy_growth_pct": -48.965834325658285,
      "cagr_3y_pct": 47.278582497826484
    },
    {
      "year": 2014,
      "export_value_usd": 2330710.1103761434,
      "yoy_growth_pct": -47.69069396328396,
      "cagr_3y_pct": -27.795879498075358
    },
    {
      "year": 2015,
      "export_value_usd": 1057655.8959276192,
      "yoy_growth_pct": -54.620873217178925,
      "cagr_3y_pct": -50.51973266201302
    },
    {
      "year": 2016,
      "export_value_usd": 485330.4880660608,
      "yoy_growth_pct": -54.11262869759727,
      "cagr_3y_pct": -52.242370991140106
    },
    {
      "year": 2017,
      "export_value_usd": 922693.474393985,
      "yoy_growth_pct": 90.11652823846346,
      "cagr_3y_pct": -26.572896577449136
    },
    {
      "year": 2018,
      "export_value_usd": 420081.28008288174,
      "yoy_growth_pct": -54.47228231902403,
      "cagr_3y_pct": -26.49283985709522
    },
    {
      "year": 2019,
      "export_value_usd": 456114.29762856377,
      "yoy_growth_pct": 8.577629914518624,
      "cagr_3y_pct": -2.048286577562841
    },
    {
      "year": 2020,
      "export_value_usd": 248815.20983519734,
      "yoy_growth_pct": -45.448934372625224,
      "cagr_3y_pct": -35.39395455448206
    },
    {
      "year": 2021,
      "export_value_usd": 86258.98985858021,
      "yoy_growth_pct": -65.33210734355275,
      "cagr_3y_pct": -41.00384882971707
    },
    {
      "year": 2022,
      "export_value_usd": 311320.0999950355,
      "yoy_growth_pct": 260.91322250056277,
      "cagr_3y_pct": -11.953690226566948
    },
    {
      "year": 2023,
      "export_value_usd": 515308.68237885967,
      "yoy_growth_pct": 65.52374305002377,
      "cagr_3y_pct": 27.466730103762238
    },
    {
      "year": 2024,
      "export_value_usd": 186545.04761541498,
      "yoy_growth_pct": -63.799358715585285,
      "cagr_3y_pct": 29.318239999509956
    }
  ],
  "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": "Slovakia",
        "imports": "$511.2M",
        "year": 2024,
        "annualChange": "+9.4%"
      },
      "exporterPosition": {
        "exporter": "Nigeria",
        "routeExports": "$355.0",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "51/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$511.2M",
      "projectionThreeYears": "$781.5M",
      "supplierCount": "64",
      "averageImports": "$145.9M",
      "historicalPeak": "$511.2M",
      "fullHistoryGrowth": "+15.2%",
      "latestAnnualChange": "+9.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "KOR",
        "iso3": "KOR",
        "share": "55.3%"
      },
      "marketConcentrationHhi": "3,493",
      "exporterShare": "0.0%",
      "shareGap": "55.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "4,821 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "21.5 days",
      "sharedSpokenLanguageScore": "0.2"
    },
    "economy": {
      "gdpPerPerson": "$21.1K",
      "gdpPerPersonGrowth": "+11.7%",
      "populationThousands": "5,447",
      "gdp": "$114.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "26.3%",
      "savingsRate": "25.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 354.9563711245731,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 263303.3698488208,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 211373.05737708864,
          "yoy_growth_pct": -19.722615970144496,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 61597.397729015654,
          "yoy_growth_pct": -70.85844407353858,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 6292.764158803472,
          "yoy_growth_pct": -89.78404219852418,
          "cagr_3y_pct": -71.19541123099718
        },
        {
          "year": 1999,
          "export_value_usd": 1214.9220888968573,
          "yoy_growth_pct": -80.69334781604358,
          "cagr_3y_pct": -82.0870849499883
        },
        {
          "year": 2000,
          "export_value_usd": 2172.998161493976,
          "yoy_growth_pct": 78.8590545313936,
          "cagr_3y_pct": -67.20313507083758
        },
        {
          "year": 2001,
          "export_value_usd": 3850.20264156562,
          "yoy_growth_pct": 77.18388859190452,
          "cagr_3y_pct": -15.105274050333339
        },
        {
          "year": 2002,
          "export_value_usd": 6024.893926283342,
          "yoy_growth_pct": 56.482515004286114,
          "cagr_3y_pct": 70.52981686473035
        },
        {
          "year": 2003,
          "export_value_usd": 22254.859346444817,
          "yoy_growth_pct": 269.3817620482735,
          "cagr_3y_pct": 117.16433296480528
        },
        {
          "year": 2004,
          "export_value_usd": 7142.774094332166,
          "yoy_growth_pct": -67.9046540661547,
          "cagr_3y_pct": 22.87431480940223
        },
        {
          "year": 2005,
          "export_value_usd": 71447.24364411875,
          "yoy_growth_pct": 900.2730409857504,
          "cagr_3y_pct": 128.04052100139037
        },
        {
          "year": 2006,
          "export_value_usd": 56645.499489382055,
          "yoy_growth_pct": -20.717026157740538,
          "cagr_3y_pct": 36.53589839138214
        },
        {
          "year": 2007,
          "export_value_usd": 96531.15283082915,
          "yoy_growth_pct": 70.41274894031693,
          "cagr_3y_pct": 138.19548545396998
        },
        {
          "year": 2008,
          "export_value_usd": 37749.315961110275,
          "yoy_growth_pct": -60.89416229466775,
          "cagr_3y_pct": -19.157226886309743
        },
        {
          "year": 2009,
          "export_value_usd": 48323.97732685569,
          "yoy_growth_pct": 28.01285558826956,
          "cagr_3y_pct": -5.158353036523689
        },
        {
          "year": 2010,
          "export_value_usd": 1394731.19583393,
          "yoy_growth_pct": 2786.2094409162355,
          "cagr_3y_pct": 143.56095822886314
        },
        {
          "year": 2011,
          "export_value_usd": 6191591.752740771,
          "yoy_growth_pct": 343.92724356027094,
          "cagr_3y_pct": 447.3911129492516
        },
        {
          "year": 2012,
          "export_value_usd": 8730684.259093774,
          "yoy_growth_pct": 41.008719691976616,
          "cagr_3y_pct": 465.32111065768004
        },
        {
          "year": 2013,
          "export_value_usd": 4455631.86928959,
          "yoy_growth_pct": -48.965834325658285,
          "cagr_3y_pct": 47.278582497826484
        },
        {
          "year": 2014,
          "export_value_usd": 2330710.1103761434,
          "yoy_growth_pct": -47.69069396328396,
          "cagr_3y_pct": -27.795879498075358
        },
        {
          "year": 2015,
          "export_value_usd": 1057655.8959276192,
          "yoy_growth_pct": -54.620873217178925,
          "cagr_3y_pct": -50.51973266201302
        },
        {
          "year": 2016,
          "export_value_usd": 485330.4880660608,
          "yoy_growth_pct": -54.11262869759727,
          "cagr_3y_pct": -52.242370991140106
        },
        {
          "year": 2017,
          "export_value_usd": 922693.474393985,
          "yoy_growth_pct": 90.11652823846346,
          "cagr_3y_pct": -26.572896577449136
        },
        {
          "year": 2018,
          "export_value_usd": 420081.28008288174,
          "yoy_growth_pct": -54.47228231902403,
          "cagr_3y_pct": -26.49283985709522
        },
        {
          "year": 2019,
          "export_value_usd": 456114.29762856377,
          "yoy_growth_pct": 8.577629914518624,
          "cagr_3y_pct": -2.048286577562841
        },
        {
          "year": 2020,
          "export_value_usd": 248815.20983519734,
          "yoy_growth_pct": -45.448934372625224,
          "cagr_3y_pct": -35.39395455448206
        },
        {
          "year": 2021,
          "export_value_usd": 86258.98985858021,
          "yoy_growth_pct": -65.33210734355275,
          "cagr_3y_pct": -41.00384882971707
        },
        {
          "year": 2022,
          "export_value_usd": 311320.0999950355,
          "yoy_growth_pct": 260.91322250056277,
          "cagr_3y_pct": -11.953690226566948
        },
        {
          "year": 2023,
          "export_value_usd": 515308.68237885967,
          "yoy_growth_pct": 65.52374305002377,
          "cagr_3y_pct": 27.466730103762238
        },
        {
          "year": 2024,
          "export_value_usd": 186545.04761541498,
          "yoy_growth_pct": -63.799358715585285,
          "cagr_3y_pct": 29.318239999509956
        }
      ],
      "routeHistoryScope": "Broader Nigeria to Slovakia route exports, not only HS 840991."
    },
    "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/840991",
    "workspace": "https://www.yugalinks.com/app?hs=840991",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/nga-svk-840991/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/nga-svk-840991/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/nga-svk-840991/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": "2026-09-02T11:47:24.674Z"
}