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      "max_drawdown_pct": 0,
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      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 100,
      "exporter_name": "PAN",
      "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": "China, Hong Kong SAR",
        "imports": "$1.5B",
        "year": 2024,
        "annualChange": "+10.6%"
      },
      "exporterPosition": {
        "exporter": "PAN",
        "routeExports": "$345.5K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "100/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$1.5B",
      "projectionThreeYears": "$2.3B",
      "supplierCount": "21",
      "averageImports": "$628.8M",
      "historicalPeak": "$3.4B",
      "fullHistoryGrowth": "+15.5%",
      "latestAnnualChange": "+10.6%"
    },
    "competition": {
      "topSupplier": {
        "country": "Philippines",
        "iso3": "PHL",
        "share": "36.5%"
      },
      "marketConcentrationHhi": "3,242",
      "exporterShare": "0.0%",
      "shareGap": "36.4%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "16,254 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "1.5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$49.7K",
      "gdpPerPersonGrowth": "+4.8%",
      "populationThousands": "7,413",
      "gdp": "$368.1B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.0%",
      "savingsRate": "22.2%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 345489.1945156352,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "year": 1996,
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          "yoy_growth_pct": 36.79398875213988,
          "cagr_3y_pct": null
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        {
          "year": 1997,
          "export_value_usd": 19713907.773555346,
          "yoy_growth_pct": -13.805934766988326,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 15876631.535088265,
          "yoy_growth_pct": -19.46481784608166,
          "cagr_3y_pct": -1.709847799461206
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          "year": 1999,
          "export_value_usd": 21248135.3705192,
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          "cagr_3y_pct": -2.4242669322135146
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        {
          "year": 2000,
          "export_value_usd": 21069732.23607299,
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          "cagr_3y_pct": 2.2418655732006743
        },
        {
          "year": 2001,
          "export_value_usd": 17858763.811052404,
          "yoy_growth_pct": -15.23972107971625,
          "cagr_3y_pct": 3.999442031953371
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        {
          "year": 2002,
          "export_value_usd": 12941770.322038382,
          "yoy_growth_pct": -27.532664304407227,
          "cagr_3y_pct": -15.233492914963353
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        {
          "year": 2003,
          "export_value_usd": 16326127.61958095,
          "yoy_growth_pct": 26.150651829907588,
          "cagr_3y_pct": -8.150938411356934
        },
        {
          "year": 2004,
          "export_value_usd": 14936963.240441797,
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          "year": 2014,
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        {
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          "yoy_growth_pct": 30.183108702949646,
          "cagr_3y_pct": 20.231339600750808
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        {
          "year": 2017,
          "export_value_usd": 43333964.739583164,
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          "cagr_3y_pct": 3.7331485894916305
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        {
          "year": 2018,
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        {
          "year": 2019,
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          "yoy_growth_pct": 17.518638484979967,
          "cagr_3y_pct": 14.84380274016537
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          "year": 2020,
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        {
          "year": 2021,
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        {
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        {
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      ],
      "routeHistoryScope": "Broader PAN to China, Hong Kong SAR route exports, not only HS 711291."
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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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