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      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 100,
      "exporter_name": "PAN",
      "importer_name": "Spain",
      "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": "BRA",
        "imports": "$4.7B",
        "year": 2024,
        "annualChange": "-28.1%"
      },
      "exporterPosition": {
        "exporter": "PAN",
        "routeExports": "$16.7K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "84/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$4.7B",
      "projectionThreeYears": "$5.3B",
      "supplierCount": "52",
      "averageImports": "$3.7B",
      "historicalPeak": "$9.0B",
      "fullHistoryGrowth": "+3.6%",
      "latestAnnualChange": "-28.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "USA, Puerto Rico and US Virgin Islands",
        "iso3": "USA",
        "share": "33.4%"
      },
      "marketConcentrationHhi": "1,800",
      "exporterShare": "0.0%",
      "shareGap": "33.4%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "5,085 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "16.6 days",
      "sharedSpokenLanguageScore": "0.1"
    },
    "economy": {
      "gdpPerPerson": "$7.5K",
      "gdpPerPersonGrowth": "+1.7%",
      "populationThousands": "213,993",
      "gdp": "$1.6T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "19.2%",
      "savingsRate": "16.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 16669.049569323597,
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          "year": 1997,
          "export_value_usd": 29900914.22367496,
          "yoy_growth_pct": -18.30578670201345,
          "cagr_3y_pct": null
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          "cagr_3y_pct": -54.51892226114121
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          "year": 2000,
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          "year": 2003,
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      "routeHistoryScope": "Broader PAN to BRA route exports, not only HS 271012."
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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": {
    "home": "https://www.yugalinks.com/",
    "trade": "https://www.yugalinks.com/trade/signal/new-corridor/",
    "product": "https://www.yugalinks.com/trade/product/271012",
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