{
  "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/phl-usa-860630",
  "seo": {
    "title": "Philippines to USA, Puerto Rico and US Virgin Islands new corridor | HS 860630 | Yugalinks",
    "description": "Reported new-corridor signal for Philippines to USA, Puerto Rico and US Virgin Islands in railway or tramway goods vans and wagons (HS 860630), with...",
    "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": "PHL-USA-HS 860630",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/phl-usa-860630"
    }
  ],
  "exporter": {
    "iso3": "PHL",
    "country_name": "Philippines"
  },
  "importer": {
    "iso3": "USA",
    "country_name": "USA, Puerto Rico and US Virgin Islands"
  },
  "hsCode": "860630",
  "product": "Railway or tramway goods vans and wagons: self-discharging, not self-propelled, excluding those of item no. 8606.10",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "PHL",
    "importer_iso3": "USA",
    "hs_code": "860630",
    "your_market_share_pct": 0.0008910700459590396,
    "your_share_change_pp": 0.0008910700459590396,
    "market_imports_usd": 420347554.224959,
    "market_yoy_growth_pct": 226.4190632522625,
    "market_cagr_3y_pct": 8.990499,
    "top_supplier_iso3": "MEX",
    "top_supplier_share_pct": 98.06767638442652,
    "your_share_gap_pp": 98.06678531438057,
    "num_suppliers": 4,
    "market_hhi": 9620.999487341784,
    "volatility_mean_usd": 3745.591144620041,
    "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": 71.47272604589742
  },
  "market": {
    "exporter_iso3": "PHL",
    "importer_iso3": "USA",
    "hs_code": "860630",
    "hs_description": "Railway or tramway goods vans and wagons: self-discharging, not self-propelled, excluding those of item no. 8606.10",
    "hs_chapter": "86",
    "hs_heading": "8606",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -19.897387,
    "buyer_imports_latest_usd": 420347554.2249589,
    "buyer_imports_avg_usd": 135727253.8504686,
    "buyer_imports_peak_usd": 420347554.2249589,
    "buyer_cagr_full_pct": 27.4114,
    "buyer_yoy_avg_pct": 1956.0839,
    "buyer_yoy_latest_pct": 226.4191,
    "buyer_trend_consistency_pct": 48.2759,
    "buyer_imports_proj_3y_usd": 820991316.85,
    "buyer_imports_proj_5y_usd": 1282798932.57,
    "buyer_gdp_mn_latest": 22996100,
    "buyer_gdp_pc_latest": 69288,
    "buyer_population_latest": 331893.738,
    "buyer_investment_rate": 21.94,
    "buyer_savings_rate": 17.5,
    "buyer_edu_secondary": 98.29,
    "buyer_gdp_mn_2030_proj": 25548808.87,
    "buyer_gdp_pc_2030_proj": 74535.71,
    "buyer_gdp_pc_growth_pct": 7.57,
    "buyer_gdp_mn_growth_pct": 11.1,
    "buyer_pop_growth_pct": 3.28,
    "exports_latest_usd": 3745.591144620041,
    "exports_avg_usd": 3745.591144620041,
    "exports_peak_usd": 3745.591144620041,
    "share_latest_pct": 0.0008910700459590398,
    "share_avg_pct": 0.0008910700459590398,
    "share_peak_pct": 0.0008910700459590398,
    "share_change_1y_pp": 0.0008910700459590398,
    "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": 98.0668,
    "addressable_proj_3y_usd": 805119792.14,
    "addressable_proj_5y_usd": 1257999675.22,
    "peer_best_share_pct": 98.06767638442653,
    "peer_top_exporter": "MEX",
    "num_suppliers_latest": 4,
    "buyer_herfindahl_index": 9621,
    "distance_km": 13680.798828125,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.5302656292915344,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 4.2,
    "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": "PHL",
    "importer_iso3": "USA",
    "hs_code": "860630"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 3745.591144620041,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 6798259095.878621,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 8593246198.797932,
      "yoy_growth_pct": 26.403628893866426,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 10659154694.586765,
      "yoy_growth_pct": 24.041071883612773,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 11599414025.398335,
      "yoy_growth_pct": 8.82114349357439,
      "cagr_3y_pct": 19.494003701850794
    },
    {
      "year": 1999,
      "export_value_usd": 11384510773.93249,
      "yoy_growth_pct": -1.8527078264064745,
      "cagr_3y_pct": 9.829508293624546
    },
    {
      "year": 2000,
      "export_value_usd": 12609345252.78672,
      "yoy_growth_pct": 10.758780093201526,
      "cagr_3y_pct": 5.760441964086316
    },
    {
      "year": 2001,
      "export_value_usd": 10375477221.61878,
      "yoy_growth_pct": -17.715971657404218,
      "cagr_3y_pct": -3.6487521334575113
    },
    {
      "year": 2002,
      "export_value_usd": 9819055076.909796,
      "yoy_growth_pct": -5.362858332430243,
      "cagr_3y_pct": -4.811363076781228
    },
    {
      "year": 2003,
      "export_value_usd": 8646967979.031528,
      "yoy_growth_pct": -11.936862444478113,
      "cagr_3y_pct": -11.815869280367785
    },
    {
      "year": 2004,
      "export_value_usd": 8043474643.134254,
      "yoy_growth_pct": -6.97924795559225,
      "cagr_3y_pct": -8.136031001161104
    },
    {
      "year": 2005,
      "export_value_usd": 8336870478.685272,
      "yoy_growth_pct": 3.6476255420467396,
      "cagr_3y_pct": -5.308473137493852
    },
    {
      "year": 2006,
      "export_value_usd": 9161376286.182274,
      "yoy_growth_pct": 9.88987186025021,
      "cagr_3y_pct": 1.9449280132400437
    },
    {
      "year": 2007,
      "export_value_usd": 8863833203.904175,
      "yoy_growth_pct": -3.2477989439956834,
      "cagr_3y_pct": 3.2902414616896802
    },
    {
      "year": 2008,
      "export_value_usd": 7936064499.057938,
      "yoy_growth_pct": -10.466901660983318,
      "cagr_3y_pct": -1.628933887853179
    },
    {
      "year": 2009,
      "export_value_usd": 5932129709.57402,
      "yoy_growth_pct": -25.250989199014164,
      "cagr_3y_pct": -13.486614840177158
    },
    {
      "year": 2010,
      "export_value_usd": 6847878007.373115,
      "yoy_growth_pct": 15.437091611822717,
      "cagr_3y_pct": -8.241815262202124
    },
    {
      "year": 2011,
      "export_value_usd": 7483835500.759344,
      "yoy_growth_pct": 9.286927902358855,
      "cagr_3y_pct": -1.9367352016708472
    },
    {
      "year": 2012,
      "export_value_usd": 7854540107.135597,
      "yoy_growth_pct": 4.953403991023575,
      "cagr_3y_pct": 9.808689287397709
    },
    {
      "year": 2013,
      "export_value_usd": 7944152253.166418,
      "yoy_growth_pct": 1.1408961544344454,
      "cagr_3y_pct": 5.074463534635165
    },
    {
      "year": 2014,
      "export_value_usd": 8593088329.997293,
      "yoy_growth_pct": 8.168726582150022,
      "cagr_3y_pct": 4.714867543309942
    },
    {
      "year": 2015,
      "export_value_usd": 8648198159.418509,
      "yoy_growth_pct": 0.6413273936546782,
      "cagr_3y_pct": 3.260674337451497
    },
    {
      "year": 2016,
      "export_value_usd": 8289408392.390618,
      "yoy_growth_pct": -4.1487227791738635,
      "cagr_3y_pct": 1.4281861783394412
    },
    {
      "year": 2017,
      "export_value_usd": 9554973158.187904,
      "yoy_growth_pct": 15.267250760126982,
      "cagr_3y_pct": 3.6000738810265442
    },
    {
      "year": 2018,
      "export_value_usd": 10507861815.28598,
      "yoy_growth_pct": 9.972698419163217,
      "cagr_3y_pct": 6.707818208672833
    },
    {
      "year": 2019,
      "export_value_usd": 11544963311.27153,
      "yoy_growth_pct": 9.869767172583677,
      "cagr_3y_pct": 11.675097476214912
    },
    {
      "year": 2020,
      "export_value_usd": 9926117324.885746,
      "yoy_growth_pct": -14.022097279471469,
      "cagr_3y_pct": 1.2783562838460716
    },
    {
      "year": 2021,
      "export_value_usd": 12343668407.366253,
      "yoy_growth_pct": 24.35545544499529,
      "cagr_3y_pct": 5.513970178189287
    },
    {
      "year": 2022,
      "export_value_usd": 13802135392.49043,
      "yoy_growth_pct": 11.815506841173873,
      "cagr_3y_pct": 6.133195923449963
    },
    {
      "year": 2023,
      "export_value_usd": 11665856674.552917,
      "yoy_growth_pct": -15.477885538638002,
      "cagr_3y_pct": 5.5307628221142435
    },
    {
      "year": 2024,
      "export_value_usd": 12302262065.149046,
      "yoy_growth_pct": 5.455282096721947,
      "cagr_3y_pct": -0.11194059433047299
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "DEU",
      "hs_code": "870380",
      "your_market_share_pct": 0.0000034416068660274963,
      "your_share_change_pp": 0.0000034416068660274963,
      "market_imports_usd": 7357697450.874051,
      "market_yoy_growth_pct": -48.248077733145166,
      "market_cagr_3y_pct": -5.477124,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 26.688130998562748,
      "your_share_gap_pp": 26.688127556955884,
      "num_suppliers": 72,
      "market_hhi": 1408.62794948848,
      "volatility_mean_usd": 253.22302065081143,
      "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": 48.104297493119894,
      "exporter_name": "Philippines",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "DEU",
      "hs_code": "300214",
      "your_market_share_pct": 0.000005291237639605247,
      "your_share_change_pp": 0.000005291237639605247,
      "market_imports_usd": 6930840890.892647,
      "market_yoy_growth_pct": -6.432083993349568,
      "market_cagr_3y_pct": 4.153012,
      "top_supplier_iso3": "IRL",
      "top_supplier_share_pct": 28.064439159723182,
      "your_share_gap_pp": 28.064433868485544,
      "num_suppliers": 44,
      "market_hhi": 1850.593104144058,
      "volatility_mean_usd": 366.72726196006334,
      "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": 51.31051656147481,
      "exporter_name": "Philippines",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "JPN",
      "hs_code": "880240",
      "your_market_share_pct": 0.00003532307515793407,
      "your_share_change_pp": 0.00003532307515793407,
      "market_imports_usd": 4326114785.5411415,
      "market_yoy_growth_pct": 61.15585727064112,
      "market_cagr_3y_pct": 4.42508,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 59.30033401485708,
      "your_share_gap_pp": 59.30029869178192,
      "num_suppliers": 20,
      "market_hhi": 4677.917545354674,
      "volatility_mean_usd": 1528.1167771151956,
      "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": 63.68881306626002,
      "exporter_name": "Philippines",
      "importer_name": "Japan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "ROU",
      "hs_code": "300490",
      "your_market_share_pct": 8.061903676454185e-8,
      "your_share_change_pp": 8.061903676454185e-8,
      "market_imports_usd": 3943099606.6980624,
      "market_yoy_growth_pct": 18.92526792819764,
      "market_cagr_3y_pct": 12.587847,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 19.989467086575456,
      "your_share_gap_pp": 19.98946700595642,
      "num_suppliers": 65,
      "market_hhi": 1233.1978870774108,
      "volatility_mean_usd": 3.178888921586416,
      "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": 12.421216547623835,
      "exporter_name": "Philippines",
      "importer_name": "Romania",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "AUT",
      "hs_code": "300212",
      "your_market_share_pct": 0.000005808434117829153,
      "your_share_change_pp": 0.000005808434117829153,
      "market_imports_usd": 3745474199.948927,
      "market_yoy_growth_pct": -3.9499153236866924,
      "market_cagr_3y_pct": 15.242639,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 45.377500939633116,
      "your_share_gap_pp": 45.377495131199,
      "num_suppliers": 65,
      "market_hhi": 2635.831150959641,
      "volatility_mean_usd": 217.553401304322,
      "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": 46.79115139438612,
      "exporter_name": "Philippines",
      "importer_name": "Austria",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "DEU",
      "hs_code": "300220",
      "your_market_share_pct": 0.000005988167503638885,
      "your_share_change_pp": 0.000005988167503638885,
      "market_imports_usd": 3166260880.1491203,
      "market_yoy_growth_pct": -18.551097906232883,
      "market_cagr_3y_pct": -32.23344,
      "top_supplier_iso3": "BEL",
      "top_supplier_share_pct": 55.35894569180958,
      "your_share_gap_pp": 55.35893970364208,
      "num_suppliers": 49,
      "market_hhi": 3392.825981482809,
      "volatility_mean_usd": 189.60100510552016,
      "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": 45.602503729889825,
      "exporter_name": "Philippines",
      "importer_name": "Germany",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "CHN",
      "hs_code": "283691",
      "your_market_share_pct": 0.003956136104395157,
      "your_share_change_pp": 0.003956136104395157,
      "market_imports_usd": 2489264992.0173974,
      "market_yoy_growth_pct": -49.48156857516081,
      "market_cagr_3y_pct": 70.279527,
      "top_supplier_iso3": "CHL",
      "top_supplier_share_pct": 77.81130965299666,
      "your_share_gap_pp": 77.80735351689226,
      "num_suppliers": 27,
      "market_hhi": 6441.6165250055055,
      "volatility_mean_usd": 98478.71108326949,
      "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": 99.8669353161082,
      "exporter_name": "Philippines",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "PHL",
      "importer_iso3": "CAN",
      "hs_code": "281820",
      "your_market_share_pct": 0.000002515485488521409,
      "your_share_change_pp": 0.000002515485488521409,
      "market_imports_usd": 2242297456.582405,
      "market_yoy_growth_pct": 28.76879222999218,
      "market_cagr_3y_pct": 13.740176,
      "top_supplier_iso3": "BRA",
      "top_supplier_share_pct": 70.73917345676217,
      "your_share_gap_pp": 70.73917094127668,
      "num_suppliers": 35,
      "market_hhi": 5670.58934969719,
      "volatility_mean_usd": 56.404667129815046,
      "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": 35.178944059223106,
      "exporter_name": "Philippines",
      "importer_name": "Canada",
      "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": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$420.3M",
        "year": 2024,
        "annualChange": "+226.4%"
      },
      "exporterPosition": {
        "exporter": "Philippines",
        "routeExports": "$3.7K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "71/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$420.3M",
      "projectionThreeYears": "$821.0M",
      "supplierCount": "4",
      "averageImports": "$135.7M",
      "historicalPeak": "$420.3M",
      "fullHistoryGrowth": "+27.4%",
      "latestAnnualChange": "+226.4%"
    },
    "competition": {
      "topSupplier": {
        "country": "Mexico",
        "iso3": "MEX",
        "share": "98.1%"
      },
      "marketConcentrationHhi": "9,621",
      "exporterShare": "0.0%",
      "shareGap": "98.1%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "13,681 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": 3745.591144620041,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 6798259095.878621,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 8593246198.797932,
          "yoy_growth_pct": 26.403628893866426,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 10659154694.586765,
          "yoy_growth_pct": 24.041071883612773,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 11599414025.398335,
          "yoy_growth_pct": 8.82114349357439,
          "cagr_3y_pct": 19.494003701850794
        },
        {
          "year": 1999,
          "export_value_usd": 11384510773.93249,
          "yoy_growth_pct": -1.8527078264064745,
          "cagr_3y_pct": 9.829508293624546
        },
        {
          "year": 2000,
          "export_value_usd": 12609345252.78672,
          "yoy_growth_pct": 10.758780093201526,
          "cagr_3y_pct": 5.760441964086316
        },
        {
          "year": 2001,
          "export_value_usd": 10375477221.61878,
          "yoy_growth_pct": -17.715971657404218,
          "cagr_3y_pct": -3.6487521334575113
        },
        {
          "year": 2002,
          "export_value_usd": 9819055076.909796,
          "yoy_growth_pct": -5.362858332430243,
          "cagr_3y_pct": -4.811363076781228
        },
        {
          "year": 2003,
          "export_value_usd": 8646967979.031528,
          "yoy_growth_pct": -11.936862444478113,
          "cagr_3y_pct": -11.815869280367785
        },
        {
          "year": 2004,
          "export_value_usd": 8043474643.134254,
          "yoy_growth_pct": -6.97924795559225,
          "cagr_3y_pct": -8.136031001161104
        },
        {
          "year": 2005,
          "export_value_usd": 8336870478.685272,
          "yoy_growth_pct": 3.6476255420467396,
          "cagr_3y_pct": -5.308473137493852
        },
        {
          "year": 2006,
          "export_value_usd": 9161376286.182274,
          "yoy_growth_pct": 9.88987186025021,
          "cagr_3y_pct": 1.9449280132400437
        },
        {
          "year": 2007,
          "export_value_usd": 8863833203.904175,
          "yoy_growth_pct": -3.2477989439956834,
          "cagr_3y_pct": 3.2902414616896802
        },
        {
          "year": 2008,
          "export_value_usd": 7936064499.057938,
          "yoy_growth_pct": -10.466901660983318,
          "cagr_3y_pct": -1.628933887853179
        },
        {
          "year": 2009,
          "export_value_usd": 5932129709.57402,
          "yoy_growth_pct": -25.250989199014164,
          "cagr_3y_pct": -13.486614840177158
        },
        {
          "year": 2010,
          "export_value_usd": 6847878007.373115,
          "yoy_growth_pct": 15.437091611822717,
          "cagr_3y_pct": -8.241815262202124
        },
        {
          "year": 2011,
          "export_value_usd": 7483835500.759344,
          "yoy_growth_pct": 9.286927902358855,
          "cagr_3y_pct": -1.9367352016708472
        },
        {
          "year": 2012,
          "export_value_usd": 7854540107.135597,
          "yoy_growth_pct": 4.953403991023575,
          "cagr_3y_pct": 9.808689287397709
        },
        {
          "year": 2013,
          "export_value_usd": 7944152253.166418,
          "yoy_growth_pct": 1.1408961544344454,
          "cagr_3y_pct": 5.074463534635165
        },
        {
          "year": 2014,
          "export_value_usd": 8593088329.997293,
          "yoy_growth_pct": 8.168726582150022,
          "cagr_3y_pct": 4.714867543309942
        },
        {
          "year": 2015,
          "export_value_usd": 8648198159.418509,
          "yoy_growth_pct": 0.6413273936546782,
          "cagr_3y_pct": 3.260674337451497
        },
        {
          "year": 2016,
          "export_value_usd": 8289408392.390618,
          "yoy_growth_pct": -4.1487227791738635,
          "cagr_3y_pct": 1.4281861783394412
        },
        {
          "year": 2017,
          "export_value_usd": 9554973158.187904,
          "yoy_growth_pct": 15.267250760126982,
          "cagr_3y_pct": 3.6000738810265442
        },
        {
          "year": 2018,
          "export_value_usd": 10507861815.28598,
          "yoy_growth_pct": 9.972698419163217,
          "cagr_3y_pct": 6.707818208672833
        },
        {
          "year": 2019,
          "export_value_usd": 11544963311.27153,
          "yoy_growth_pct": 9.869767172583677,
          "cagr_3y_pct": 11.675097476214912
        },
        {
          "year": 2020,
          "export_value_usd": 9926117324.885746,
          "yoy_growth_pct": -14.022097279471469,
          "cagr_3y_pct": 1.2783562838460716
        },
        {
          "year": 2021,
          "export_value_usd": 12343668407.366253,
          "yoy_growth_pct": 24.35545544499529,
          "cagr_3y_pct": 5.513970178189287
        },
        {
          "year": 2022,
          "export_value_usd": 13802135392.49043,
          "yoy_growth_pct": 11.815506841173873,
          "cagr_3y_pct": 6.133195923449963
        },
        {
          "year": 2023,
          "export_value_usd": 11665856674.552917,
          "yoy_growth_pct": -15.477885538638002,
          "cagr_3y_pct": 5.5307628221142435
        },
        {
          "year": 2024,
          "export_value_usd": 12302262065.149046,
          "yoy_growth_pct": 5.455282096721947,
          "cagr_3y_pct": -0.11194059433047299
        }
      ],
      "routeHistoryScope": "Broader Philippines to USA, Puerto Rico and US Virgin Islands route exports, not only HS 860630."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "DEU",
        "hs_code": "870380",
        "your_market_share_pct": 0.0000034416068660274963,
        "your_share_change_pp": 0.0000034416068660274963,
        "market_imports_usd": 7357697450.874051,
        "market_yoy_growth_pct": -48.248077733145166,
        "market_cagr_3y_pct": -5.477124,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 26.688130998562748,
        "your_share_gap_pp": 26.688127556955884,
        "num_suppliers": 72,
        "market_hhi": 1408.62794948848,
        "volatility_mean_usd": 253.22302065081143,
        "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": 48.104297493119894,
        "exporter_name": "Philippines",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-deu-870380"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "DEU",
        "hs_code": "300214",
        "your_market_share_pct": 0.000005291237639605247,
        "your_share_change_pp": 0.000005291237639605247,
        "market_imports_usd": 6930840890.892647,
        "market_yoy_growth_pct": -6.432083993349568,
        "market_cagr_3y_pct": 4.153012,
        "top_supplier_iso3": "IRL",
        "top_supplier_share_pct": 28.064439159723182,
        "your_share_gap_pp": 28.064433868485544,
        "num_suppliers": 44,
        "market_hhi": 1850.593104144058,
        "volatility_mean_usd": 366.72726196006334,
        "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": 51.31051656147481,
        "exporter_name": "Philippines",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-deu-300214"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "JPN",
        "hs_code": "880240",
        "your_market_share_pct": 0.00003532307515793407,
        "your_share_change_pp": 0.00003532307515793407,
        "market_imports_usd": 4326114785.5411415,
        "market_yoy_growth_pct": 61.15585727064112,
        "market_cagr_3y_pct": 4.42508,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 59.30033401485708,
        "your_share_gap_pp": 59.30029869178192,
        "num_suppliers": 20,
        "market_hhi": 4677.917545354674,
        "volatility_mean_usd": 1528.1167771151956,
        "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": 63.68881306626002,
        "exporter_name": "Philippines",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-jpn-880240"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "ROU",
        "hs_code": "300490",
        "your_market_share_pct": 8.061903676454185e-8,
        "your_share_change_pp": 8.061903676454185e-8,
        "market_imports_usd": 3943099606.6980624,
        "market_yoy_growth_pct": 18.92526792819764,
        "market_cagr_3y_pct": 12.587847,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 19.989467086575456,
        "your_share_gap_pp": 19.98946700595642,
        "num_suppliers": 65,
        "market_hhi": 1233.1978870774108,
        "volatility_mean_usd": 3.178888921586416,
        "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": 12.421216547623835,
        "exporter_name": "Philippines",
        "importer_name": "Romania",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-rou-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "AUT",
        "hs_code": "300212",
        "your_market_share_pct": 0.000005808434117829153,
        "your_share_change_pp": 0.000005808434117829153,
        "market_imports_usd": 3745474199.948927,
        "market_yoy_growth_pct": -3.9499153236866924,
        "market_cagr_3y_pct": 15.242639,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 45.377500939633116,
        "your_share_gap_pp": 45.377495131199,
        "num_suppliers": 65,
        "market_hhi": 2635.831150959641,
        "volatility_mean_usd": 217.553401304322,
        "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": 46.79115139438612,
        "exporter_name": "Philippines",
        "importer_name": "Austria",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-aut-300212"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "DEU",
        "hs_code": "300220",
        "your_market_share_pct": 0.000005988167503638885,
        "your_share_change_pp": 0.000005988167503638885,
        "market_imports_usd": 3166260880.1491203,
        "market_yoy_growth_pct": -18.551097906232883,
        "market_cagr_3y_pct": -32.23344,
        "top_supplier_iso3": "BEL",
        "top_supplier_share_pct": 55.35894569180958,
        "your_share_gap_pp": 55.35893970364208,
        "num_suppliers": 49,
        "market_hhi": 3392.825981482809,
        "volatility_mean_usd": 189.60100510552016,
        "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": 45.602503729889825,
        "exporter_name": "Philippines",
        "importer_name": "Germany",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-deu-300220"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "CHN",
        "hs_code": "283691",
        "your_market_share_pct": 0.003956136104395157,
        "your_share_change_pp": 0.003956136104395157,
        "market_imports_usd": 2489264992.0173974,
        "market_yoy_growth_pct": -49.48156857516081,
        "market_cagr_3y_pct": 70.279527,
        "top_supplier_iso3": "CHL",
        "top_supplier_share_pct": 77.81130965299666,
        "your_share_gap_pp": 77.80735351689226,
        "num_suppliers": 27,
        "market_hhi": 6441.6165250055055,
        "volatility_mean_usd": 98478.71108326949,
        "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": 99.8669353161082,
        "exporter_name": "Philippines",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-chn-283691"
      },
      {
        "year": 2024,
        "exporter_iso3": "PHL",
        "importer_iso3": "CAN",
        "hs_code": "281820",
        "your_market_share_pct": 0.000002515485488521409,
        "your_share_change_pp": 0.000002515485488521409,
        "market_imports_usd": 2242297456.582405,
        "market_yoy_growth_pct": 28.76879222999218,
        "market_cagr_3y_pct": 13.740176,
        "top_supplier_iso3": "BRA",
        "top_supplier_share_pct": 70.73917345676217,
        "your_share_gap_pp": 70.73917094127668,
        "num_suppliers": 35,
        "market_hhi": 5670.58934969719,
        "volatility_mean_usd": 56.404667129815046,
        "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": 35.178944059223106,
        "exporter_name": "Philippines",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/phl-can-281820"
      }
    ],
    "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/860630",
    "workspace": "https://www.yugalinks.com/app?hs=860630",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/phl-usa-860630/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/phl-usa-860630/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/phl-usa-860630/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": "2026-09-02T11:48:16.473Z"
}