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      "num_suppliers": 16,
      "market_hhi": 9474.11800052362,
      "volatility_mean_usd": 35281.840491423965,
      "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": 90.9512708263007,
      "exporter_name": "USA, Puerto Rico and US Virgin Islands",
      "importer_name": "Portugal",
      "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": "Malaysia",
        "imports": "$12.5M",
        "year": 2024,
        "annualChange": "+1069.8%"
      },
      "exporterPosition": {
        "exporter": "USA, Puerto Rico and US Virgin Islands",
        "routeExports": "$4.6K",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "73/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$12.5M",
      "projectionThreeYears": "$19.7M",
      "supplierCount": "3",
      "averageImports": "$875.9K",
      "historicalPeak": "$12.5M",
      "fullHistoryGrowth": "+16.2%",
      "latestAnnualChange": "+1069.8%"
    },
    "competition": {
      "topSupplier": {
        "country": "IRL",
        "iso3": "IRL",
        "share": "100.0%"
      },
      "marketConcentrationHhi": "9,993",
      "exporterShare": "0.0%",
      "shareGap": "99.9%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "15,130 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "17.5 days",
      "sharedSpokenLanguageScore": "0.3"
    },
    "economy": {
      "gdpPerPerson": "$11.4K",
      "gdpPerPersonGrowth": "+12.9%",
      "populationThousands": "32,776",
      "gdp": "$372.7B",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "23.7%",
      "savingsRate": "32.2%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 4630.334568923104,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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      ],
      "routeHistory": [
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          "year": 1995,
          "export_value_usd": 10015686627.134922,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
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        {
          "year": 1996,
          "export_value_usd": 10659171806.177944,
          "yoy_growth_pct": 6.424773487817248,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 11522342202.40129,
          "yoy_growth_pct": 8.097912407444841,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 10649766883.637274,
          "yoy_growth_pct": -7.5728988380693085,
          "cagr_3y_pct": 2.0672603803960854
        },
        {
          "year": 1999,
          "export_value_usd": 11022920814.42989,
          "yoy_growth_pct": 3.503869473105037,
          "cagr_3y_pct": 1.1248153838233854
        },
        {
          "year": 2000,
          "export_value_usd": 13018786590.61771,
          "yoy_growth_pct": 18.106505614873612,
          "cagr_3y_pct": 4.15415013708289
        },
        {
          "year": 2001,
          "export_value_usd": 11201534734.596972,
          "yoy_growth_pct": -13.958688418246156,
          "cagr_3y_pct": 1.698014989049601
        },
        {
          "year": 2002,
          "export_value_usd": 12307724824.668179,
          "yoy_growth_pct": 9.875344015625265,
          "cagr_3y_pct": 3.7433728386435217
        },
        {
          "year": 2003,
          "export_value_usd": 11360886356.157604,
          "yoy_growth_pct": -7.693042231597847,
          "cagr_3y_pct": -4.439025648771688
        },
        {
          "year": 2004,
          "export_value_usd": 13800013699.032679,
          "yoy_growth_pct": 21.469516254363953,
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          "year": 2005,
          "export_value_usd": 13237377384.06936,
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        {
          "year": 2007,
          "export_value_usd": 13495349720.803633,
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          "year": 2008,
          "export_value_usd": 14714584045.292858,
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        {
          "year": 2010,
          "export_value_usd": 15312744970.898273,
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          "year": 2011,
          "export_value_usd": 15529366803.564945,
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        {
          "year": 2013,
          "export_value_usd": 13752107051.938198,
          "yoy_growth_pct": 0.9050209882424332,
          "cagr_3y_pct": -3.51968080296049
        },
        {
          "year": 2014,
          "export_value_usd": 13523478010.423214,
          "yoy_growth_pct": -1.6625019035374722,
          "cagr_3y_pct": -4.5055312486174675
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        {
          "year": 2015,
          "export_value_usd": 12410229966.601492,
          "yoy_growth_pct": -8.23196549706877,
          "cagr_3y_pct": -3.0738147055941023
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        {
          "year": 2016,
          "export_value_usd": 11756212262.276861,
          "yoy_growth_pct": -5.2699885987989585,
          "cagr_3y_pct": -5.092749595503054
        },
        {
          "year": 2017,
          "export_value_usd": 13027571429.22495,
          "yoy_growth_pct": 10.814360429911641,
          "cagr_3y_pct": -1.2375879730668338
        },
        {
          "year": 2018,
          "export_value_usd": 13617986301.813965,
          "yoy_growth_pct": 4.532040954805483,
          "cagr_3y_pct": 3.1440914205681736
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        {
          "year": 2019,
          "export_value_usd": 13987008146.817526,
          "yoy_growth_pct": 2.709812132461953,
          "cagr_3y_pct": 5.962566733992092
        },
        {
          "year": 2020,
          "export_value_usd": 13680722634.911982,
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          "cagr_3y_pct": 1.644025933534632
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        {
          "year": 2021,
          "export_value_usd": 15604095887.350376,
          "yoy_growth_pct": 14.059003341900356,
          "cagr_3y_pct": 4.642612207680585
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        {
          "year": 2022,
          "export_value_usd": 19311452579.88368,
          "yoy_growth_pct": 23.758868948880973,
          "cagr_3y_pct": 11.35166229873381
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        {
          "year": 2023,
          "export_value_usd": 18789422165.4763,
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          "cagr_3y_pct": 11.156482548210134
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      ],
      "routeHistoryScope": "Broader USA, Puerto Rico and US Virgin Islands to Malaysia route exports, not only HS 300349."
    },
    "relatedSignals": [
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        "new_corridor_signal_strength": 95.03496881028153,
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      },
      {
        "year": 2024,
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        "importer_iso3": "PRT",
        "hs_code": "870370",
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        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 90.9512708263007,
        "exporter_name": "USA, Puerto Rico and US Virgin Islands",
        "importer_name": "Portugal",
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        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/usa-prt-870370"
      }
    ],
    "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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        }
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    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
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    "sourceUrl": "https://data-explorer.oecd.org/",
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        "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.",
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}