{
  "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/ton-bel-851762",
  "seo": {
    "title": "Tonga to Belgium new corridor | HS 851762 | Yugalinks",
    "description": "Reported new-corridor signal for Tonga to Belgium in communication apparatus (excluding telephone sets or base stations) (HS 851762), with market demand,...",
    "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": "TON-BEL-HS 851762",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/ton-bel-851762"
    }
  ],
  "exporter": {
    "iso3": "TON",
    "country_name": "Tonga"
  },
  "importer": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "hsCode": "851762",
  "product": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "TON",
    "importer_iso3": "BEL",
    "hs_code": "851762",
    "your_market_share_pct": 0.00007499535566091155,
    "your_share_change_pp": 0.00007499535566091155,
    "market_imports_usd": 1342708116.7882483,
    "market_yoy_growth_pct": -9.051337615404641,
    "market_cagr_3y_pct": 1.380325,
    "top_supplier_iso3": "NLD",
    "top_supplier_share_pct": 54.30192148149974,
    "your_share_gap_pp": 54.30184648614408,
    "num_suppliers": 103,
    "market_hhi": 3149.9357007826134,
    "volatility_mean_usd": 1006.9687276732743,
    "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": 60.068941165808916
  },
  "market": {
    "exporter_iso3": "TON",
    "importer_iso3": "BEL",
    "hs_code": "851762",
    "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus",
    "hs_chapter": "85",
    "hs_heading": "8517",
    "price_range_label": null,
    "trade_type_label": null,
    "substitution_elasticity": -3.6319895,
    "buyer_imports_latest_usd": 1342708116.7882478,
    "buyer_imports_avg_usd": 846874839.6742375,
    "buyer_imports_peak_usd": 1476336299.6041956,
    "buyer_cagr_full_pct": 5.0802,
    "buyer_yoy_avg_pct": 8.9178,
    "buyer_yoy_latest_pct": -9.0513,
    "buyer_trend_consistency_pct": 60,
    "buyer_imports_proj_3y_usd": 1557915251.51,
    "buyer_imports_proj_5y_usd": 1720225199.73,
    "buyer_gdp_mn_latest": 599879.025378,
    "buyer_gdp_pc_latest": 51768,
    "buyer_population_latest": 11587.882,
    "buyer_investment_rate": 23.69,
    "buyer_savings_rate": 24.85,
    "buyer_edu_secondary": 92.2,
    "buyer_gdp_mn_2030_proj": 621018.19,
    "buyer_gdp_pc_2030_proj": 52803.09,
    "buyer_gdp_pc_growth_pct": 2,
    "buyer_gdp_mn_growth_pct": 3.52,
    "buyer_pop_growth_pct": 1.49,
    "exports_latest_usd": 1006.9687276732743,
    "exports_avg_usd": 1006.9687276732743,
    "exports_peak_usd": 1006.9687276732743,
    "share_latest_pct": 0.00007499535566091155,
    "share_avg_pct": 0.00007499535566091155,
    "share_peak_pct": 0.00007499535566091155,
    "share_change_1y_pp": 0.00007499535566091155,
    "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": 54.3018,
    "addressable_proj_3y_usd": 845976748.26,
    "addressable_proj_5y_usd": 934114047.17,
    "peer_best_share_pct": 54.30192148149975,
    "peer_top_exporter": "NLD",
    "num_suppliers_latest": 103,
    "buyer_herfindahl_index": 3149.94,
    "distance_km": 16729.923828125,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 1,
    "buyer_biz_entry_days": 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": "TON",
    "importer_iso3": "BEL",
    "hs_code": "851762"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 1006.9687276732743,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1999,
      "export_value_usd": 4569.973288983549,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "export_value_usd": 590.8015064319469,
      "yoy_growth_pct": -87.0721015403713,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "export_value_usd": 6410.858925232633,
      "yoy_growth_pct": 985.1121494171555,
      "cagr_3y_pct": null
    },
    {
      "year": 2003,
      "export_value_usd": 10603.118182653541,
      "yoy_growth_pct": 65.39309796571109,
      "cagr_3y_pct": 32.38536590692234
    },
    {
      "year": 2004,
      "export_value_usd": 1777.2093494383332,
      "yoy_growth_pct": -83.23880467214062,
      "cagr_3y_pct": 44.35516642625643
    },
    {
      "year": 2007,
      "export_value_usd": 17309.14223026191,
      "yoy_growth_pct": 873.9506623534402,
      "cagr_3y_pct": 39.24719072588601
    },
    {
      "year": 2008,
      "export_value_usd": 43599.28867178743,
      "yoy_growth_pct": 151.8858999007007,
      "cagr_3y_pct": 60.20716448481163
    },
    {
      "year": 2009,
      "export_value_usd": 1039.9923761028247,
      "yoy_growth_pct": -97.6146574685385,
      "cagr_3y_pct": -16.356822625993715
    },
    {
      "year": 2010,
      "export_value_usd": 32281.13340351406,
      "yoy_growth_pct": 3003.977889191988,
      "cagr_3y_pct": 23.09046415184408
    },
    {
      "year": 2011,
      "export_value_usd": 789.4725128312729,
      "yoy_growth_pct": -97.55438415695363,
      "cagr_3y_pct": -73.74053522434858
    },
    {
      "year": 2013,
      "export_value_usd": 21366.561994738975,
      "yoy_growth_pct": 2606.4352016655284,
      "cagr_3y_pct": 173.88494715317776
    },
    {
      "year": 2014,
      "export_value_usd": 64100.71764006368,
      "yoy_growth_pct": 200.00482836614992,
      "cagr_3y_pct": 25.691151712484796
    },
    {
      "year": 2015,
      "export_value_usd": 14.298169147921973,
      "yoy_growth_pct": -99.97769421361518,
      "cagr_3y_pct": -73.73880574134625
    },
    {
      "year": 2016,
      "export_value_usd": 808.0862354041038,
      "yoy_growth_pct": 5551.676288369739,
      "cagr_3y_pct": -66.43337418147999
    },
    {
      "year": 2017,
      "export_value_usd": 101042.96182985922,
      "yoy_growth_pct": 12403.982545789826,
      "cagr_3y_pct": 16.380725120781257
    },
    {
      "year": 2018,
      "export_value_usd": 1707.1426614054276,
      "yoy_growth_pct": -98.31047840394862,
      "cagr_3y_pct": 392.41332308389553
    },
    {
      "year": 2019,
      "export_value_usd": 131.6835748976665,
      "yoy_growth_pct": -92.28631690398645,
      "cagr_3y_pct": -45.37921137347396
    },
    {
      "year": 2021,
      "export_value_usd": 1820.6585372345617,
      "yoy_growth_pct": 1282.601086467637,
      "cagr_3y_pct": -73.78353420735212
    },
    {
      "year": 2022,
      "export_value_usd": 769830.0291575511,
      "yoy_growth_pct": 42183.05381891449,
      "cagr_3y_pct": 666.846331177666
    },
    {
      "year": 2023,
      "export_value_usd": 803.3667466616287,
      "yoy_growth_pct": -99.89564362050922,
      "cagr_3y_pct": 82.72336353676558
    },
    {
      "year": 2024,
      "export_value_usd": 2471.941769144166,
      "yoy_growth_pct": 207.69779548584265,
      "cagr_3y_pct": 10.731175762949885
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "901839",
      "your_market_share_pct": 0.0016330077892154605,
      "your_share_change_pp": 0.0016330077892154605,
      "market_imports_usd": 10183849207.607943,
      "market_yoy_growth_pct": 11.975540170465448,
      "market_cagr_3y_pct": 11.250868,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 34.13147878325152,
      "your_share_gap_pp": 34.1298457754623,
      "num_suppliers": 86,
      "market_hhi": 2053.761665538087,
      "volatility_mean_usd": 166303.05080219466,
      "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": 100,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "854442",
      "your_market_share_pct": 0.001222893581276875,
      "your_share_change_pp": 0.001222893581276875,
      "market_imports_usd": 7656720870.800171,
      "market_yoy_growth_pct": 11.851569041262433,
      "market_cagr_3y_pct": 3.322095,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 31.917273838624173,
      "your_share_gap_pp": 31.916050945042894,
      "num_suppliers": 126,
      "market_hhi": 2065.733462254405,
      "volatility_mean_usd": 93633.54806530214,
      "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": 99.42872237343377,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "730890",
      "your_market_share_pct": 0.0008208411665196241,
      "your_share_change_pp": 0.0008208411665196241,
      "market_imports_usd": 6923064195.39199,
      "market_yoy_growth_pct": 1.6192362465186294,
      "market_cagr_3y_pct": 13.013792,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 21.984432935933132,
      "your_share_gap_pp": 21.983612094766613,
      "num_suppliers": 109,
      "market_hhi": 1150.0590547991412,
      "volatility_mean_usd": 56827.36090035804,
      "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": 95.0913025975106,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "SGP",
      "hs_code": "880330",
      "your_market_share_pct": 0.000015783949367783414,
      "your_share_change_pp": 0.000015783949367783414,
      "market_imports_usd": 5058240693.004058,
      "market_yoy_growth_pct": 4.7613753517536495,
      "market_cagr_3y_pct": -0.412837,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 71.9122301650154,
      "your_share_gap_pp": 71.91221438106604,
      "num_suppliers": 122,
      "market_hhi": 5255.584662741381,
      "volatility_mean_usd": 798.3901498843775,
      "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": 58.0551758512809,
      "exporter_name": "Tonga",
      "importer_name": "SGP",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "940540",
      "your_market_share_pct": 0.00026324365804669306,
      "your_share_change_pp": 0.00026324365804669306,
      "market_imports_usd": 4844285336.146009,
      "market_yoy_growth_pct": 1.1628408944554192,
      "market_cagr_3y_pct": -5.039612,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 59.36444181197794,
      "your_share_gap_pp": 59.36417856831989,
      "num_suppliers": 114,
      "market_hhi": 3727.541214231026,
      "volatility_mean_usd": 12752.273925090298,
      "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": 82.11243375827354,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "848190",
      "your_market_share_pct": 0.00013568181518704373,
      "your_share_change_pp": 0.00013568181518704373,
      "market_imports_usd": 3753151928.4950657,
      "market_yoy_growth_pct": 3.527744821597256,
      "market_cagr_3y_pct": 3.809303,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 31.881783387058427,
      "your_share_gap_pp": 31.88164770524324,
      "num_suppliers": 118,
      "market_hhi": 1357.1319069358915,
      "volatility_mean_usd": 5092.344663309643,
      "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": 74.14006131189514,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "JPN",
      "hs_code": "850760",
      "your_market_share_pct": 0.0001816924347603531,
      "your_share_change_pp": 0.0001816924347603531,
      "market_imports_usd": 2799682531.242199,
      "market_yoy_growth_pct": -7.037459474544249,
      "market_cagr_3y_pct": 17.242474,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 76.6937622862428,
      "your_share_gap_pp": 76.69358059380804,
      "num_suppliers": 49,
      "market_hhi": 5996.960672721843,
      "volatility_mean_usd": 5086.811356574235,
      "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": 74.13062000753334,
      "exporter_name": "Tonga",
      "importer_name": "Japan",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "TON",
      "importer_iso3": "USA",
      "hs_code": "902790",
      "your_market_share_pct": 0.00007711430062593614,
      "your_share_change_pp": 0.00007711430062593614,
      "market_imports_usd": 2592778066.7914968,
      "market_yoy_growth_pct": -1.5249895775368394,
      "market_cagr_3y_pct": 0.848606,
      "top_supplier_iso3": "JPN",
      "top_supplier_share_pct": 16.39554707477639,
      "your_share_gap_pp": 16.39546996047576,
      "num_suppliers": 111,
      "market_hhi": 782.6388710507941,
      "volatility_mean_usd": 1999.4026729889301,
      "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": 66.022348523827,
      "exporter_name": "Tonga",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "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": "Belgium",
        "imports": "$1.3B",
        "year": 2024,
        "annualChange": "-9.1%"
      },
      "exporterPosition": {
        "exporter": "Tonga",
        "routeExports": "$1.0K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "60/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$1.3B",
      "projectionThreeYears": "$1.6B",
      "supplierCount": "103",
      "averageImports": "$846.9M",
      "historicalPeak": "$1.5B",
      "fullHistoryGrowth": "+5.1%",
      "latestAnnualChange": "-9.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "NLD",
        "iso3": "NLD",
        "share": "54.3%"
      },
      "marketConcentrationHhi": "3,150",
      "exporterShare": "0.0%",
      "shareGap": "54.3%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "16,730 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "5 days",
      "sharedSpokenLanguageScore": "0"
    },
    "economy": {
      "gdpPerPerson": "$51.8K",
      "gdpPerPersonGrowth": "+2.0%",
      "populationThousands": "11,588",
      "gdp": "$599.9B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.7%",
      "savingsRate": "24.9%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 1006.9687276732743,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1999,
          "export_value_usd": 4569.973288983549,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 2000,
          "export_value_usd": 590.8015064319469,
          "yoy_growth_pct": -87.0721015403713,
          "cagr_3y_pct": null
        },
        {
          "year": 2001,
          "export_value_usd": 6410.858925232633,
          "yoy_growth_pct": 985.1121494171555,
          "cagr_3y_pct": null
        },
        {
          "year": 2003,
          "export_value_usd": 10603.118182653541,
          "yoy_growth_pct": 65.39309796571109,
          "cagr_3y_pct": 32.38536590692234
        },
        {
          "year": 2004,
          "export_value_usd": 1777.2093494383332,
          "yoy_growth_pct": -83.23880467214062,
          "cagr_3y_pct": 44.35516642625643
        },
        {
          "year": 2007,
          "export_value_usd": 17309.14223026191,
          "yoy_growth_pct": 873.9506623534402,
          "cagr_3y_pct": 39.24719072588601
        },
        {
          "year": 2008,
          "export_value_usd": 43599.28867178743,
          "yoy_growth_pct": 151.8858999007007,
          "cagr_3y_pct": 60.20716448481163
        },
        {
          "year": 2009,
          "export_value_usd": 1039.9923761028247,
          "yoy_growth_pct": -97.6146574685385,
          "cagr_3y_pct": -16.356822625993715
        },
        {
          "year": 2010,
          "export_value_usd": 32281.13340351406,
          "yoy_growth_pct": 3003.977889191988,
          "cagr_3y_pct": 23.09046415184408
        },
        {
          "year": 2011,
          "export_value_usd": 789.4725128312729,
          "yoy_growth_pct": -97.55438415695363,
          "cagr_3y_pct": -73.74053522434858
        },
        {
          "year": 2013,
          "export_value_usd": 21366.561994738975,
          "yoy_growth_pct": 2606.4352016655284,
          "cagr_3y_pct": 173.88494715317776
        },
        {
          "year": 2014,
          "export_value_usd": 64100.71764006368,
          "yoy_growth_pct": 200.00482836614992,
          "cagr_3y_pct": 25.691151712484796
        },
        {
          "year": 2015,
          "export_value_usd": 14.298169147921973,
          "yoy_growth_pct": -99.97769421361518,
          "cagr_3y_pct": -73.73880574134625
        },
        {
          "year": 2016,
          "export_value_usd": 808.0862354041038,
          "yoy_growth_pct": 5551.676288369739,
          "cagr_3y_pct": -66.43337418147999
        },
        {
          "year": 2017,
          "export_value_usd": 101042.96182985922,
          "yoy_growth_pct": 12403.982545789826,
          "cagr_3y_pct": 16.380725120781257
        },
        {
          "year": 2018,
          "export_value_usd": 1707.1426614054276,
          "yoy_growth_pct": -98.31047840394862,
          "cagr_3y_pct": 392.41332308389553
        },
        {
          "year": 2019,
          "export_value_usd": 131.6835748976665,
          "yoy_growth_pct": -92.28631690398645,
          "cagr_3y_pct": -45.37921137347396
        },
        {
          "year": 2021,
          "export_value_usd": 1820.6585372345617,
          "yoy_growth_pct": 1282.601086467637,
          "cagr_3y_pct": -73.78353420735212
        },
        {
          "year": 2022,
          "export_value_usd": 769830.0291575511,
          "yoy_growth_pct": 42183.05381891449,
          "cagr_3y_pct": 666.846331177666
        },
        {
          "year": 2023,
          "export_value_usd": 803.3667466616287,
          "yoy_growth_pct": -99.89564362050922,
          "cagr_3y_pct": 82.72336353676558
        },
        {
          "year": 2024,
          "export_value_usd": 2471.941769144166,
          "yoy_growth_pct": 207.69779548584265,
          "cagr_3y_pct": 10.731175762949885
        }
      ],
      "routeHistoryScope": "Broader Tonga to Belgium route exports, not only HS 851762."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "901839",
        "your_market_share_pct": 0.0016330077892154605,
        "your_share_change_pp": 0.0016330077892154605,
        "market_imports_usd": 10183849207.607943,
        "market_yoy_growth_pct": 11.975540170465448,
        "market_cagr_3y_pct": 11.250868,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 34.13147878325152,
        "your_share_gap_pp": 34.1298457754623,
        "num_suppliers": 86,
        "market_hhi": 2053.761665538087,
        "volatility_mean_usd": 166303.05080219466,
        "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": 100,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-901839"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "854442",
        "your_market_share_pct": 0.001222893581276875,
        "your_share_change_pp": 0.001222893581276875,
        "market_imports_usd": 7656720870.800171,
        "market_yoy_growth_pct": 11.851569041262433,
        "market_cagr_3y_pct": 3.322095,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 31.917273838624173,
        "your_share_gap_pp": 31.916050945042894,
        "num_suppliers": 126,
        "market_hhi": 2065.733462254405,
        "volatility_mean_usd": 93633.54806530214,
        "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": 99.42872237343377,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-854442"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "730890",
        "your_market_share_pct": 0.0008208411665196241,
        "your_share_change_pp": 0.0008208411665196241,
        "market_imports_usd": 6923064195.39199,
        "market_yoy_growth_pct": 1.6192362465186294,
        "market_cagr_3y_pct": 13.013792,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 21.984432935933132,
        "your_share_gap_pp": 21.983612094766613,
        "num_suppliers": 109,
        "market_hhi": 1150.0590547991412,
        "volatility_mean_usd": 56827.36090035804,
        "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": 95.0913025975106,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-730890"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "SGP",
        "hs_code": "880330",
        "your_market_share_pct": 0.000015783949367783414,
        "your_share_change_pp": 0.000015783949367783414,
        "market_imports_usd": 5058240693.004058,
        "market_yoy_growth_pct": 4.7613753517536495,
        "market_cagr_3y_pct": -0.412837,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 71.9122301650154,
        "your_share_gap_pp": 71.91221438106604,
        "num_suppliers": 122,
        "market_hhi": 5255.584662741381,
        "volatility_mean_usd": 798.3901498843775,
        "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": 58.0551758512809,
        "exporter_name": "Tonga",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-sgp-880330"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "940540",
        "your_market_share_pct": 0.00026324365804669306,
        "your_share_change_pp": 0.00026324365804669306,
        "market_imports_usd": 4844285336.146009,
        "market_yoy_growth_pct": 1.1628408944554192,
        "market_cagr_3y_pct": -5.039612,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 59.36444181197794,
        "your_share_gap_pp": 59.36417856831989,
        "num_suppliers": 114,
        "market_hhi": 3727.541214231026,
        "volatility_mean_usd": 12752.273925090298,
        "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": 82.11243375827354,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-940540"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "848190",
        "your_market_share_pct": 0.00013568181518704373,
        "your_share_change_pp": 0.00013568181518704373,
        "market_imports_usd": 3753151928.4950657,
        "market_yoy_growth_pct": 3.527744821597256,
        "market_cagr_3y_pct": 3.809303,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 31.881783387058427,
        "your_share_gap_pp": 31.88164770524324,
        "num_suppliers": 118,
        "market_hhi": 1357.1319069358915,
        "volatility_mean_usd": 5092.344663309643,
        "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": 74.14006131189514,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-848190"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "JPN",
        "hs_code": "850760",
        "your_market_share_pct": 0.0001816924347603531,
        "your_share_change_pp": 0.0001816924347603531,
        "market_imports_usd": 2799682531.242199,
        "market_yoy_growth_pct": -7.037459474544249,
        "market_cagr_3y_pct": 17.242474,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 76.6937622862428,
        "your_share_gap_pp": 76.69358059380804,
        "num_suppliers": 49,
        "market_hhi": 5996.960672721843,
        "volatility_mean_usd": 5086.811356574235,
        "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": 74.13062000753334,
        "exporter_name": "Tonga",
        "importer_name": "Japan",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-jpn-850760"
      },
      {
        "year": 2024,
        "exporter_iso3": "TON",
        "importer_iso3": "USA",
        "hs_code": "902790",
        "your_market_share_pct": 0.00007711430062593614,
        "your_share_change_pp": 0.00007711430062593614,
        "market_imports_usd": 2592778066.7914968,
        "market_yoy_growth_pct": -1.5249895775368394,
        "market_cagr_3y_pct": 0.848606,
        "top_supplier_iso3": "JPN",
        "top_supplier_share_pct": 16.39554707477639,
        "your_share_gap_pp": 16.39546996047576,
        "num_suppliers": 111,
        "market_hhi": 782.6388710507941,
        "volatility_mean_usd": 1999.4026729889301,
        "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": 66.022348523827,
        "exporter_name": "Tonga",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ton-usa-902790"
      }
    ],
    "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/851762",
    "workspace": "https://www.yugalinks.com/app?hs=851762",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/ton-bel-851762/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/ton-bel-851762/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/ton-bel-851762/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": "2026-09-02T11:49:55.913Z"
}