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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": 35.447184883546356,
      "exporter_name": "Nigeria",
      "importer_name": "Spain",
      "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": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$1.8B",
        "year": 2024,
        "annualChange": "+28.7%"
      },
      "exporterPosition": {
        "exporter": "Nigeria",
        "routeExports": "$28.5K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "89/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$1.8B",
      "projectionThreeYears": "$2.6B",
      "supplierCount": "78",
      "averageImports": "$381.7M",
      "historicalPeak": "$1.8B",
      "fullHistoryGrowth": "+13.0%",
      "latestAnnualChange": "+28.7%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "95.0%"
      },
      "marketConcentrationHhi": "9,026",
      "exporterShare": "0.0%",
      "shareGap": "95.0%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "8,493 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "4.2 days",
      "sharedSpokenLanguageScore": "0.5"
    },
    "economy": {
      "gdpPerPerson": "$69.3K",
      "gdpPerPersonGrowth": "+7.6%",
      "populationThousands": "331,894",
      "gdp": "$23.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "21.9%",
      "savingsRate": "17.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 28477.99568296169,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 3415373656.832847,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 5354523618.243559,
          "yoy_growth_pct": 56.77709545868341,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 5698132031.087692,
          "yoy_growth_pct": 6.4171612143686385,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 3769715771.112802,
          "yoy_growth_pct": -33.84295501497502,
          "cagr_3y_pct": 3.345156530808646
        },
        {
          "year": 1999,
          "export_value_usd": 5099269129.433802,
          "yoy_growth_pct": 35.26932636431954,
          "cagr_3y_pct": -1.614967878423934
        },
        {
          "year": 2000,
          "export_value_usd": 10991414585.221174,
          "yoy_growth_pct": 115.54882290438373,
          "cagr_3y_pct": 24.482134650753196
        },
        {
          "year": 2001,
          "export_value_usd": 8147811426.660347,
          "yoy_growth_pct": -25.87113002164686,
          "cagr_3y_pct": 29.29372689869418
        },
        {
          "year": 2002,
          "export_value_usd": 5987443615.340482,
          "yoy_growth_pct": -26.514700674722956,
          "cagr_3y_pct": 5.498066671834989
        },
        {
          "year": 2003,
          "export_value_usd": 9994512801.763813,
          "yoy_growth_pct": 66.92454148806988,
          "cagr_3y_pct": -3.1195799598552343
        },
        {
          "year": 2004,
          "export_value_usd": 15737531506.187864,
          "yoy_growth_pct": 57.461717427692264,
          "cagr_3y_pct": 24.537042475691017
        },
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          "year": 2005,
          "export_value_usd": 23611091657.118427,
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          "cagr_3y_pct": 57.98828211948046
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        {
          "year": 2006,
          "export_value_usd": 27167291839.12739,
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        {
          "year": 2007,
          "export_value_usd": 29594854366.387833,
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          "cagr_3y_pct": 23.431649142437074
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        {
          "year": 2008,
          "export_value_usd": 36712974796.22939,
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          "year": 2009,
          "export_value_usd": 16381670279.914133,
          "yoy_growth_pct": -55.379071375069785,
          "cagr_3y_pct": -15.516750323897966
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          "year": 2010,
          "export_value_usd": 28003051036.904373,
          "yoy_growth_pct": 70.94136652987962,
          "cagr_3y_pct": -1.826023659832099
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          "year": 2011,
          "export_value_usd": 29262673665.839275,
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          "year": 2012,
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          "cagr_3y_pct": 3.451884241248937
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        {
          "year": 2013,
          "export_value_usd": 9821436813.751585,
          "yoy_growth_pct": -45.84960475038772,
          "cagr_3y_pct": -29.478226582066082
        },
        {
          "year": 2014,
          "export_value_usd": 3741945962.6807323,
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          "cagr_3y_pct": -49.619651291559194
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        {
          "year": 2015,
          "export_value_usd": 1613745672.3307025,
          "yoy_growth_pct": -56.874158835404074,
          "cagr_3y_pct": -55.35694584906465
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        {
          "year": 2016,
          "export_value_usd": 4189251221.8055725,
          "yoy_growth_pct": 159.59798335230332,
          "cagr_3y_pct": -24.724475077924744
        },
        {
          "year": 2017,
          "export_value_usd": 6459631168.460934,
          "yoy_growth_pct": 54.195363955204016,
          "cagr_3y_pct": 19.96007720756181
        },
        {
          "year": 2018,
          "export_value_usd": 4849802627.679602,
          "yoy_growth_pct": -24.9213693289688,
          "cagr_3y_pct": 44.3099660866616
        },
        {
          "year": 2019,
          "export_value_usd": 3784301153.619357,
          "yoy_growth_pct": -21.969996634069954,
          "cagr_3y_pct": -3.3319195037078475
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        {
          "year": 2020,
          "export_value_usd": 1291924451.4010918,
          "yoy_growth_pct": -65.86095030609607,
          "cagr_3y_pct": -41.51967212816133
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        {
          "year": 2021,
          "export_value_usd": 2835391972.5189734,
          "yoy_growth_pct": 119.47041635785989,
          "cagr_3y_pct": -16.382660163104802
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        {
          "year": 2022,
          "export_value_usd": 4577552402.17727,
          "yoy_growth_pct": 61.44337172932581,
          "cagr_3y_pct": 6.548959136927568
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        {
          "year": 2023,
          "export_value_usd": 5212998297.985421,
          "yoy_growth_pct": 13.881783101071822,
          "cagr_3y_pct": 59.2025996257316
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        {
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          "cagr_3y_pct": 19.41608023147452
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      ],
      "routeHistoryScope": "Broader Nigeria to USA, Puerto Rico and US Virgin Islands route exports, not only HS 961700."
    },
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        "hs_code": "293499",
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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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