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      "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": 79.21177422695412,
      "exporter_name": "Seychelles",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "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": "Spain",
        "imports": "$434.8M",
        "year": 2024,
        "annualChange": "+7.3%"
      },
      "exporterPosition": {
        "exporter": "Seychelles",
        "routeExports": "$819.4",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "58/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$434.8M",
      "projectionThreeYears": "$551.2M",
      "supplierCount": "81",
      "averageImports": "$243.3M",
      "historicalPeak": "$463.6M",
      "fullHistoryGrowth": "+8.2%",
      "latestAnnualChange": "+7.3%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "64.6%"
      },
      "marketConcentrationHhi": "4,330",
      "exporterShare": "0.0%",
      "shareGap": "64.6%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "7,829 km",
      "tradeAgreement": "Reported yes",
      "businessEntryTime": "12.5 days",
      "sharedSpokenLanguageScore": "0.2"
    },
    "economy": {
      "gdpPerPerson": "$30.1K",
      "gdpPerPersonGrowth": "+1.9%",
      "populationThousands": "47,327",
      "gdp": "$1.4T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "24.3%",
      "savingsRate": "22.0%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 819.431354710259,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      "routeHistory": [
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          "year": 1996,
          "export_value_usd": 198431.37721829422,
          "yoy_growth_pct": -70.60109252711344,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 1046502.9781993517,
          "yoy_growth_pct": 427.3878520976521,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 2289415.1925046775,
          "yoy_growth_pct": 118.76814879628172,
          "cagr_3y_pct": 50.25022639850973
        },
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          "year": 1999,
          "export_value_usd": 841023.9077676975,
          "yoy_growth_pct": -63.26468390176112,
          "cagr_3y_pct": 61.83259507729246
        },
        {
          "year": 2000,
          "export_value_usd": 998706.1813322986,
          "yoy_growth_pct": 18.748845556974956,
          "cagr_3y_pct": -1.5462136199759557
        },
        {
          "year": 2001,
          "export_value_usd": 11079158.412102219,
          "yoy_growth_pct": 1009.3511404247392,
          "cagr_3y_pct": 69.14561256704752
        },
        {
          "year": 2002,
          "export_value_usd": 13640875.80855211,
          "yoy_growth_pct": 23.121949349976113,
          "cagr_3y_pct": 153.1305937194454
        },
        {
          "year": 2003,
          "export_value_usd": 18044275.315244038,
          "yoy_growth_pct": 32.28091486568061,
          "cagr_3y_pct": 162.40205727234175
        },
        {
          "year": 2004,
          "export_value_usd": 43889961.35506381,
          "yoy_growth_pct": 143.2348242768442,
          "cagr_3y_pct": 58.229021409980476
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        },
        {
          "year": 2008,
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        {
          "year": 2011,
          "export_value_usd": 18564679.979370292,
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          "year": 2012,
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        {
          "year": 2013,
          "export_value_usd": 20520367.60028165,
          "yoy_growth_pct": 222.02454364687264,
          "cagr_3y_pct": 38.40427446689885
        },
        {
          "year": 2014,
          "export_value_usd": 17547795.05997627,
          "yoy_growth_pct": -14.485961451609574,
          "cagr_3y_pct": -1.8602315853902485
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          "year": 2015,
          "export_value_usd": 28464478.22341961,
          "yoy_growth_pct": 62.21113892732062,
          "cagr_3y_pct": 64.69067950417156
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          "year": 2016,
          "export_value_usd": 20054923.188235775,
          "yoy_growth_pct": -29.54403368709825,
          "cagr_3y_pct": -0.7618585404928768
        },
        {
          "year": 2017,
          "export_value_usd": 31912567.506480277,
          "yoy_growth_pct": 59.12585257469447,
          "cagr_3y_pct": 22.06178901120117
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        {
          "year": 2018,
          "export_value_usd": 46802504.939546995,
          "yoy_growth_pct": 46.65853798834305,
          "cagr_3y_pct": 18.028971715635024
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        {
          "year": 2019,
          "export_value_usd": 27255092.091766063,
          "yoy_growth_pct": -41.765740686379026,
          "cagr_3y_pct": 10.766614906624273
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        {
          "year": 2020,
          "export_value_usd": 29682255.620701622,
          "yoy_growth_pct": 8.905358018103415,
          "cagr_3y_pct": -2.386087976676632
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        {
          "year": 2021,
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          "yoy_growth_pct": 97.14577470258156,
          "cagr_3y_pct": 7.730437996357531
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        {
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          "cagr_3y_pct": 25.879206000951704
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      ],
      "routeHistoryScope": "Broader Seychelles to Spain route exports, not only HS 940510."
    },
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      {
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        "hs_code": "842121",
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        "new_corridor_signal_strength": 79.21177422695412,
        "exporter_name": "Seychelles",
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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",
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