{
  "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/nzl-chn-120190",
  "seo": {
    "title": "NZL to CHN new corridor | HS 120190 | Yugalinks",
    "description": "Reported new-corridor signal for NZL to CHN in soya beans (HS 120190), 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": "NZL-CHN-HS 120190",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-120190"
    }
  ],
  "exporter": {
    "iso3": "NZL",
    "country_name": "NZL"
  },
  "importer": {
    "iso3": "CHN",
    "country_name": "CHN"
  },
  "hsCode": "120190",
  "product": "Soya beans: other than seed, whether or not broken",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "NZL",
    "importer_iso3": "CHN",
    "hs_code": "120190",
    "your_market_share_pct": 0.000004405013658336385,
    "your_share_change_pp": 0.000004405013658336385,
    "market_imports_usd": 47786414310.88836,
    "market_yoy_growth_pct": -13.511277963746727,
    "market_cagr_3y_pct": 1.266018,
    "top_supplier_iso3": "BRA",
    "top_supplier_share_pct": 67.46513991949755,
    "your_share_gap_pp": 67.46513551448389,
    "num_suppliers": 22,
    "market_hhi": 5187.130816647834,
    "volatility_mean_usd": 2104.998077223845,
    "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": 66.4691594067761
  },
  "market": {
    "exporter_iso3": "NZL",
    "importer_iso3": "CHN",
    "hs_code": "120190",
    "hs_description": "Soya beans: other than seed, whether or not broken",
    "hs_chapter": "12",
    "hs_heading": "1201",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 47786414310.88837,
    "buyer_imports_avg_usd": 21186911722.821457,
    "buyer_imports_peak_usd": 55251613373.19546,
    "buyer_cagr_full_pct": 24.6213,
    "buyer_yoy_avg_pct": 36.5677,
    "buyer_yoy_latest_pct": -13.5113,
    "buyer_trend_consistency_pct": 79.3103,
    "buyer_imports_proj_3y_usd": 92487112088.71,
    "buyer_imports_proj_5y_usd": 143636804658.66,
    "buyer_gdp_mn_latest": 17734062.645370997,
    "buyer_gdp_pc_latest": 12556,
    "buyer_population_latest": 1412359.985,
    "buyer_investment_rate": 44.52,
    "buyer_savings_rate": 45.77,
    "buyer_edu_secondary": 84.78,
    "buyer_gdp_mn_2030_proj": 23254511.23,
    "buyer_gdp_pc_2030_proj": 16362.42,
    "buyer_gdp_pc_growth_pct": 30.32,
    "buyer_gdp_mn_growth_pct": 31.13,
    "buyer_pop_growth_pct": 0.62,
    "exports_latest_usd": 2104.998077223845,
    "exports_avg_usd": 2104.998077223845,
    "exports_peak_usd": 2104.998077223845,
    "share_latest_pct": 0.000004405013658336385,
    "share_avg_pct": 0.000004405013658336385,
    "share_peak_pct": 0.000004405013658336385,
    "share_change_1y_pp": 0.000004405013658336385,
    "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": 67.4651,
    "addressable_proj_3y_usd": 62396555504.08,
    "addressable_proj_5y_usd": 96904764911.64,
    "peer_best_share_pct": 67.46513991949753,
    "peer_top_exporter": "BRA",
    "num_suppliers_latest": 22,
    "buyer_herfindahl_index": 5187.13,
    "distance_km": 11041.02734375,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.009800000116229057,
    "has_wto_reported_fta": 1,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 8.5,
    "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": "NZL",
    "importer_iso3": "CHN",
    "hs_code": "120190"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 2104.998077223845,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 363820519.6050086,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 406557579.49140227,
      "yoy_growth_pct": 11.746742578673764,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 413877784.5364815,
      "yoy_growth_pct": 1.8005334088806668,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 414371692.4290829,
      "yoy_growth_pct": 0.11933665228118784,
      "cagr_3y_pct": 4.432168591563657
    },
    {
      "year": 1999,
      "export_value_usd": 408488704.34715444,
      "yoy_growth_pct": -1.4197369630733814,
      "cagr_3y_pct": 0.15808136568626896
    },
    {
      "year": 2000,
      "export_value_usd": 547087135.3584578,
      "yoy_growth_pct": 33.92956268712766,
      "cagr_3y_pct": 9.747540341311645
    },
    {
      "year": 2001,
      "export_value_usd": 680727044.7466698,
      "yoy_growth_pct": 24.42753644730644,
      "cagr_3y_pct": 17.99428564153507
    },
    {
      "year": 2002,
      "export_value_usd": 757156087.4850897,
      "yoy_growth_pct": 11.227560786403412,
      "cagr_3y_pct": 22.83867469600185
    },
    {
      "year": 2003,
      "export_value_usd": 933211288.257765,
      "yoy_growth_pct": 23.252167377726106,
      "cagr_3y_pct": 19.483470057561547
    },
    {
      "year": 2004,
      "export_value_usd": 1292034141.1211154,
      "yoy_growth_pct": 38.45033352878162,
      "cagr_3y_pct": 23.81321329189774
    },
    {
      "year": 2005,
      "export_value_usd": 1237687597.3368478,
      "yoy_growth_pct": -4.206277686834992,
      "cagr_3y_pct": 17.799073180885514
    },
    {
      "year": 2006,
      "export_value_usd": 1263372903.595258,
      "yoy_growth_pct": 2.0752657062798052,
      "cagr_3y_pct": 10.624297262113224
    },
    {
      "year": 2007,
      "export_value_usd": 1463392302.6405594,
      "yoy_growth_pct": 15.832174212071038,
      "cagr_3y_pct": 4.2386853690586035
    },
    {
      "year": 2008,
      "export_value_usd": 1807065038.481164,
      "yoy_growth_pct": 23.48466198848238,
      "cagr_3y_pct": 13.445580451823291
    },
    {
      "year": 2009,
      "export_value_usd": 2295979003.019452,
      "yoy_growth_pct": 27.055692746356264,
      "cagr_3y_pct": 22.03342058461082
    },
    {
      "year": 2010,
      "export_value_usd": 3489399087.9055476,
      "yoy_growth_pct": 51.97870204024617,
      "cagr_3y_pct": 33.5969753031254
    },
    {
      "year": 2011,
      "export_value_usd": 4632748070.487372,
      "yoy_growth_pct": 32.76635758130206,
      "cagr_3y_pct": 36.86370739044848
    },
    {
      "year": 2012,
      "export_value_usd": 5471158820.066801,
      "yoy_growth_pct": 18.097482030600176,
      "cagr_3y_pct": 33.56842449364201
    },
    {
      "year": 2013,
      "export_value_usd": 7898273832.344705,
      "yoy_growth_pct": 44.36199152866611,
      "cagr_3y_pct": 31.298726708120128
    },
    {
      "year": 2014,
      "export_value_usd": 8564784246.879441,
      "yoy_growth_pct": 8.438684561749032,
      "cagr_3y_pct": 22.73240592992185
    },
    {
      "year": 2015,
      "export_value_usd": 6087879521.21087,
      "yoy_growth_pct": -28.91963947102375,
      "cagr_3y_pct": 3.624450937814916
    },
    {
      "year": 2016,
      "export_value_usd": 6633273196.462591,
      "yoy_growth_pct": 8.958680495425497,
      "cagr_3y_pct": -5.652173600233212
    },
    {
      "year": 2017,
      "export_value_usd": 8653759963.276253,
      "yoy_growth_pct": 30.459875644668944,
      "cagr_3y_pct": 0.34509284450987554
    },
    {
      "year": 2018,
      "export_value_usd": 10049037411.962257,
      "yoy_growth_pct": 16.123366659199114,
      "cagr_3y_pct": 18.18239984311665
    },
    {
      "year": 2019,
      "export_value_usd": 11421519791.91372,
      "yoy_growth_pct": 13.657849241537058,
      "cagr_3y_pct": 19.857533813570605
    },
    {
      "year": 2020,
      "export_value_usd": 10954650475.924456,
      "yoy_growth_pct": -4.0876286562126385,
      "cagr_3y_pct": 8.176076793642917
    },
    {
      "year": 2021,
      "export_value_usd": 14512495461.73846,
      "yoy_growth_pct": 32.477941616058374,
      "cagr_3y_pct": 13.033162309137602
    },
    {
      "year": 2022,
      "export_value_usd": 13859932738.080303,
      "yoy_growth_pct": -4.496557641507004,
      "cagr_3y_pct": 6.662659645326308
    },
    {
      "year": 2023,
      "export_value_usd": 12028509734.281672,
      "yoy_growth_pct": -13.213794312051597,
      "cagr_3y_pct": 3.1662788878050963
    },
    {
      "year": 2024,
      "export_value_usd": 11197499723.57925,
      "yoy_growth_pct": -6.908669727672201,
      "cagr_3y_pct": -8.28092746493747
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "JPN",
      "hs_code": "260300",
      "your_market_share_pct": 0.0006573979596044625,
      "your_share_change_pp": 0.0006573979596044625,
      "market_imports_usd": 12647304968.077276,
      "market_yoy_growth_pct": 16.778777162035198,
      "market_cagr_3y_pct": 0.825287,
      "top_supplier_iso3": "CHL",
      "top_supplier_share_pct": 40.62356075316549,
      "your_share_gap_pp": 40.622903355205885,
      "num_suppliers": 20,
      "market_hhi": 2358.0294121602938,
      "volatility_mean_usd": 83143.12480509383,
      "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": 98.3966313236962,
      "exporter_name": "NZL",
      "importer_name": "Japan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "BEL",
      "hs_code": "300215",
      "your_market_share_pct": 0.0000019964885992431096,
      "your_share_change_pp": 0.0000019964885992431096,
      "market_imports_usd": 5161855767.617945,
      "market_yoy_growth_pct": -10.439576751427037,
      "market_cagr_3y_pct": -9.364944,
      "top_supplier_iso3": "CHE",
      "top_supplier_share_pct": 64.71288068584884,
      "your_share_gap_pp": 64.71287868936025,
      "num_suppliers": 51,
      "market_hhi": 4445.7961029046555,
      "volatility_mean_usd": 103.05586190986517,
      "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": 40.34533101789165,
      "exporter_name": "NZL",
      "importer_name": "Belgium",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "DEU",
      "hs_code": "293379",
      "your_market_share_pct": 2.6586015318298013e-7,
      "your_share_change_pp": 2.6586015318298013e-7,
      "market_imports_usd": 4225730303.6402073,
      "market_yoy_growth_pct": -46.34061094797487,
      "market_cagr_3y_pct": -3.925412,
      "top_supplier_iso3": "IRL",
      "top_supplier_share_pct": 68.0375202830915,
      "your_share_gap_pp": 68.03752001723134,
      "num_suppliers": 43,
      "market_hhi": 4928.474549123896,
      "volatility_mean_usd": 11.234533058357465,
      "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": 21.751747975515855,
      "exporter_name": "NZL",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "CHN",
      "hs_code": "903141",
      "your_market_share_pct": 0.000046143031866356466,
      "your_share_change_pp": 0.000046143031866356466,
      "market_imports_usd": 4152083938.010817,
      "market_yoy_growth_pct": 17.23709158977984,
      "market_cagr_3y_pct": 23.733646,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 34.47136690344072,
      "your_share_gap_pp": 34.47132076040885,
      "num_suppliers": 39,
      "market_hhi": 2361.1649245928975,
      "volatility_mean_usd": 1915.8974146341998,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 65.65197743283088,
      "exporter_name": "NZL",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "KOR",
      "hs_code": "880240",
      "your_market_share_pct": 0.0000365418436912245,
      "your_share_change_pp": 0.0000365418436912245,
      "market_imports_usd": 1982486387.1471038,
      "market_yoy_growth_pct": -22.504699322615707,
      "market_cagr_3y_pct": 88.88822,
      "top_supplier_iso3": "FRA",
      "top_supplier_share_pct": 44.374499044042274,
      "your_share_gap_pp": 44.37446250219858,
      "num_suppliers": 16,
      "market_hhi": 3661.6663671771926,
      "volatility_mean_usd": 724.4370767910983,
      "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": 57.21199496848588,
      "exporter_name": "NZL",
      "importer_name": "KOR",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "KEN",
      "hs_code": "271019",
      "your_market_share_pct": 3.024793955930212e-7,
      "your_share_change_pp": 3.024793955930212e-7,
      "market_imports_usd": 1916391666.479431,
      "market_yoy_growth_pct": -4.080688588483882,
      "market_cagr_3y_pct": 7.337174,
      "top_supplier_iso3": "ARE",
      "top_supplier_share_pct": 27.95244457182599,
      "your_share_gap_pp": 27.952444269346593,
      "num_suppliers": 72,
      "market_hhi": 1929.3154329199035,
      "volatility_mean_usd": 5.796689929962009,
      "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": 16.645949150753193,
      "exporter_name": "NZL",
      "importer_name": "Kenya",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "JPN",
      "hs_code": "120190",
      "your_market_share_pct": 0.000036199928990225306,
      "your_share_change_pp": 0.000036199928990225306,
      "market_imports_usd": 1690426421.62532,
      "market_yoy_growth_pct": -15.73691956714869,
      "market_cagr_3y_pct": -2.576139,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 63.760036146983204,
      "your_share_gap_pp": 63.75999994705421,
      "num_suppliers": 25,
      "market_hhi": 4688.5540117983655,
      "volatility_mean_usd": 611.9331642603725,
      "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": 55.7482624112358,
      "exporter_name": "NZL",
      "importer_name": "Japan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "NZL",
      "importer_iso3": "TWN",
      "hs_code": "870380",
      "your_market_share_pct": 0.0006683300327779193,
      "your_share_change_pp": 0.0006683300327779193,
      "market_imports_usd": 1468634510.7667334,
      "market_yoy_growth_pct": 35.22398369100257,
      "market_cagr_3y_pct": 57.645978,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 56.0366555503269,
      "your_share_gap_pp": 56.03598722029412,
      "num_suppliers": 19,
      "market_hhi": 4052.5093342359037,
      "volatility_mean_usd": 9815.325507195144,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 79.83897902134476,
      "exporter_name": "NZL",
      "importer_name": "Taiwan",
      "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": "CHN",
        "imports": "$47.8B",
        "year": 2024,
        "annualChange": "-13.5%"
      },
      "exporterPosition": {
        "exporter": "NZL",
        "routeExports": "$2.1K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "66/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$47.8B",
      "projectionThreeYears": "$92.5B",
      "supplierCount": "22",
      "averageImports": "$21.2B",
      "historicalPeak": "$55.3B",
      "fullHistoryGrowth": "+24.6%",
      "latestAnnualChange": "-13.5%"
    },
    "competition": {
      "topSupplier": {
        "country": "BRA",
        "iso3": "BRA",
        "share": "67.5%"
      },
      "marketConcentrationHhi": "5,187",
      "exporterShare": "0.0%",
      "shareGap": "67.5%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "11,041 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "8.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$12.6K",
      "gdpPerPersonGrowth": "+30.3%",
      "populationThousands": "1,412,360",
      "gdp": "$17.7T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "44.5%",
      "savingsRate": "45.8%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 2104.998077223845,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 363820519.6050086,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 406557579.49140227,
          "yoy_growth_pct": 11.746742578673764,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 413877784.5364815,
          "yoy_growth_pct": 1.8005334088806668,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 414371692.4290829,
          "yoy_growth_pct": 0.11933665228118784,
          "cagr_3y_pct": 4.432168591563657
        },
        {
          "year": 1999,
          "export_value_usd": 408488704.34715444,
          "yoy_growth_pct": -1.4197369630733814,
          "cagr_3y_pct": 0.15808136568626896
        },
        {
          "year": 2000,
          "export_value_usd": 547087135.3584578,
          "yoy_growth_pct": 33.92956268712766,
          "cagr_3y_pct": 9.747540341311645
        },
        {
          "year": 2001,
          "export_value_usd": 680727044.7466698,
          "yoy_growth_pct": 24.42753644730644,
          "cagr_3y_pct": 17.99428564153507
        },
        {
          "year": 2002,
          "export_value_usd": 757156087.4850897,
          "yoy_growth_pct": 11.227560786403412,
          "cagr_3y_pct": 22.83867469600185
        },
        {
          "year": 2003,
          "export_value_usd": 933211288.257765,
          "yoy_growth_pct": 23.252167377726106,
          "cagr_3y_pct": 19.483470057561547
        },
        {
          "year": 2004,
          "export_value_usd": 1292034141.1211154,
          "yoy_growth_pct": 38.45033352878162,
          "cagr_3y_pct": 23.81321329189774
        },
        {
          "year": 2005,
          "export_value_usd": 1237687597.3368478,
          "yoy_growth_pct": -4.206277686834992,
          "cagr_3y_pct": 17.799073180885514
        },
        {
          "year": 2006,
          "export_value_usd": 1263372903.595258,
          "yoy_growth_pct": 2.0752657062798052,
          "cagr_3y_pct": 10.624297262113224
        },
        {
          "year": 2007,
          "export_value_usd": 1463392302.6405594,
          "yoy_growth_pct": 15.832174212071038,
          "cagr_3y_pct": 4.2386853690586035
        },
        {
          "year": 2008,
          "export_value_usd": 1807065038.481164,
          "yoy_growth_pct": 23.48466198848238,
          "cagr_3y_pct": 13.445580451823291
        },
        {
          "year": 2009,
          "export_value_usd": 2295979003.019452,
          "yoy_growth_pct": 27.055692746356264,
          "cagr_3y_pct": 22.03342058461082
        },
        {
          "year": 2010,
          "export_value_usd": 3489399087.9055476,
          "yoy_growth_pct": 51.97870204024617,
          "cagr_3y_pct": 33.5969753031254
        },
        {
          "year": 2011,
          "export_value_usd": 4632748070.487372,
          "yoy_growth_pct": 32.76635758130206,
          "cagr_3y_pct": 36.86370739044848
        },
        {
          "year": 2012,
          "export_value_usd": 5471158820.066801,
          "yoy_growth_pct": 18.097482030600176,
          "cagr_3y_pct": 33.56842449364201
        },
        {
          "year": 2013,
          "export_value_usd": 7898273832.344705,
          "yoy_growth_pct": 44.36199152866611,
          "cagr_3y_pct": 31.298726708120128
        },
        {
          "year": 2014,
          "export_value_usd": 8564784246.879441,
          "yoy_growth_pct": 8.438684561749032,
          "cagr_3y_pct": 22.73240592992185
        },
        {
          "year": 2015,
          "export_value_usd": 6087879521.21087,
          "yoy_growth_pct": -28.91963947102375,
          "cagr_3y_pct": 3.624450937814916
        },
        {
          "year": 2016,
          "export_value_usd": 6633273196.462591,
          "yoy_growth_pct": 8.958680495425497,
          "cagr_3y_pct": -5.652173600233212
        },
        {
          "year": 2017,
          "export_value_usd": 8653759963.276253,
          "yoy_growth_pct": 30.459875644668944,
          "cagr_3y_pct": 0.34509284450987554
        },
        {
          "year": 2018,
          "export_value_usd": 10049037411.962257,
          "yoy_growth_pct": 16.123366659199114,
          "cagr_3y_pct": 18.18239984311665
        },
        {
          "year": 2019,
          "export_value_usd": 11421519791.91372,
          "yoy_growth_pct": 13.657849241537058,
          "cagr_3y_pct": 19.857533813570605
        },
        {
          "year": 2020,
          "export_value_usd": 10954650475.924456,
          "yoy_growth_pct": -4.0876286562126385,
          "cagr_3y_pct": 8.176076793642917
        },
        {
          "year": 2021,
          "export_value_usd": 14512495461.73846,
          "yoy_growth_pct": 32.477941616058374,
          "cagr_3y_pct": 13.033162309137602
        },
        {
          "year": 2022,
          "export_value_usd": 13859932738.080303,
          "yoy_growth_pct": -4.496557641507004,
          "cagr_3y_pct": 6.662659645326308
        },
        {
          "year": 2023,
          "export_value_usd": 12028509734.281672,
          "yoy_growth_pct": -13.213794312051597,
          "cagr_3y_pct": 3.1662788878050963
        },
        {
          "year": 2024,
          "export_value_usd": 11197499723.57925,
          "yoy_growth_pct": -6.908669727672201,
          "cagr_3y_pct": -8.28092746493747
        }
      ],
      "routeHistoryScope": "Broader NZL to CHN route exports, not only HS 120190."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "JPN",
        "hs_code": "260300",
        "your_market_share_pct": 0.0006573979596044625,
        "your_share_change_pp": 0.0006573979596044625,
        "market_imports_usd": 12647304968.077276,
        "market_yoy_growth_pct": 16.778777162035198,
        "market_cagr_3y_pct": 0.825287,
        "top_supplier_iso3": "CHL",
        "top_supplier_share_pct": 40.62356075316549,
        "your_share_gap_pp": 40.622903355205885,
        "num_suppliers": 20,
        "market_hhi": 2358.0294121602938,
        "volatility_mean_usd": 83143.12480509383,
        "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": 98.3966313236962,
        "exporter_name": "NZL",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-jpn-260300"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "BEL",
        "hs_code": "300215",
        "your_market_share_pct": 0.0000019964885992431096,
        "your_share_change_pp": 0.0000019964885992431096,
        "market_imports_usd": 5161855767.617945,
        "market_yoy_growth_pct": -10.439576751427037,
        "market_cagr_3y_pct": -9.364944,
        "top_supplier_iso3": "CHE",
        "top_supplier_share_pct": 64.71288068584884,
        "your_share_gap_pp": 64.71287868936025,
        "num_suppliers": 51,
        "market_hhi": 4445.7961029046555,
        "volatility_mean_usd": 103.05586190986517,
        "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": 40.34533101789165,
        "exporter_name": "NZL",
        "importer_name": "Belgium",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-bel-300215"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "DEU",
        "hs_code": "293379",
        "your_market_share_pct": 2.6586015318298013e-7,
        "your_share_change_pp": 2.6586015318298013e-7,
        "market_imports_usd": 4225730303.6402073,
        "market_yoy_growth_pct": -46.34061094797487,
        "market_cagr_3y_pct": -3.925412,
        "top_supplier_iso3": "IRL",
        "top_supplier_share_pct": 68.0375202830915,
        "your_share_gap_pp": 68.03752001723134,
        "num_suppliers": 43,
        "market_hhi": 4928.474549123896,
        "volatility_mean_usd": 11.234533058357465,
        "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": 21.751747975515855,
        "exporter_name": "NZL",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-deu-293379"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "CHN",
        "hs_code": "903141",
        "your_market_share_pct": 0.000046143031866356466,
        "your_share_change_pp": 0.000046143031866356466,
        "market_imports_usd": 4152083938.010817,
        "market_yoy_growth_pct": 17.23709158977984,
        "market_cagr_3y_pct": 23.733646,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 34.47136690344072,
        "your_share_gap_pp": 34.47132076040885,
        "num_suppliers": 39,
        "market_hhi": 2361.1649245928975,
        "volatility_mean_usd": 1915.8974146341998,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 65.65197743283088,
        "exporter_name": "NZL",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-903141"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "KOR",
        "hs_code": "880240",
        "your_market_share_pct": 0.0000365418436912245,
        "your_share_change_pp": 0.0000365418436912245,
        "market_imports_usd": 1982486387.1471038,
        "market_yoy_growth_pct": -22.504699322615707,
        "market_cagr_3y_pct": 88.88822,
        "top_supplier_iso3": "FRA",
        "top_supplier_share_pct": 44.374499044042274,
        "your_share_gap_pp": 44.37446250219858,
        "num_suppliers": 16,
        "market_hhi": 3661.6663671771926,
        "volatility_mean_usd": 724.4370767910983,
        "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": 57.21199496848588,
        "exporter_name": "NZL",
        "importer_name": "KOR",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-kor-880240"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "KEN",
        "hs_code": "271019",
        "your_market_share_pct": 3.024793955930212e-7,
        "your_share_change_pp": 3.024793955930212e-7,
        "market_imports_usd": 1916391666.479431,
        "market_yoy_growth_pct": -4.080688588483882,
        "market_cagr_3y_pct": 7.337174,
        "top_supplier_iso3": "ARE",
        "top_supplier_share_pct": 27.95244457182599,
        "your_share_gap_pp": 27.952444269346593,
        "num_suppliers": 72,
        "market_hhi": 1929.3154329199035,
        "volatility_mean_usd": 5.796689929962009,
        "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": 16.645949150753193,
        "exporter_name": "NZL",
        "importer_name": "Kenya",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-ken-271019"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "JPN",
        "hs_code": "120190",
        "your_market_share_pct": 0.000036199928990225306,
        "your_share_change_pp": 0.000036199928990225306,
        "market_imports_usd": 1690426421.62532,
        "market_yoy_growth_pct": -15.73691956714869,
        "market_cagr_3y_pct": -2.576139,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 63.760036146983204,
        "your_share_gap_pp": 63.75999994705421,
        "num_suppliers": 25,
        "market_hhi": 4688.5540117983655,
        "volatility_mean_usd": 611.9331642603725,
        "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": 55.7482624112358,
        "exporter_name": "NZL",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-jpn-120190"
      },
      {
        "year": 2024,
        "exporter_iso3": "NZL",
        "importer_iso3": "TWN",
        "hs_code": "870380",
        "your_market_share_pct": 0.0006683300327779193,
        "your_share_change_pp": 0.0006683300327779193,
        "market_imports_usd": 1468634510.7667334,
        "market_yoy_growth_pct": 35.22398369100257,
        "market_cagr_3y_pct": 57.645978,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 56.0366555503269,
        "your_share_gap_pp": 56.03598722029412,
        "num_suppliers": 19,
        "market_hhi": 4052.5093342359037,
        "volatility_mean_usd": 9815.325507195144,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 79.83897902134476,
        "exporter_name": "NZL",
        "importer_name": "Taiwan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-twn-870380"
      }
    ],
    "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/120190",
    "workspace": "https://www.yugalinks.com/app?hs=120190",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-120190/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-120190/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-120190/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": "2026-09-02T11:45:29.627Z"
}