{ "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/ven-esp-270799", "seo": { "title": "Venezuela to Spain new corridor | HS 270799 | Yugalinks", "description": "Reported new-corridor signal for Venezuela to Spain in oils and other products of the distillation of high temperature coal tar (HS 270799), with market...", "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": "VEN-ESP-HS 270799", "url": "https://www.yugalinks.com/trade/signal/new-corridor/ven-esp-270799" } ], "exporter": { "iso3": "VEN", "country_name": "Venezuela" }, "importer": { "iso3": "ESP", "country_name": "Spain" }, "hsCode": "270799", "product": "Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707", "latestYear": 2024, "signal": { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "ESP", "hs_code": "270799", "your_market_share_pct": 0.6421427715025463, "your_share_change_pp": 0.6421427715025463, "market_imports_usd": 932390211.0522715, "market_yoy_growth_pct": 95.57493794767629, "market_cagr_3y_pct": 36.947518, "top_supplier_iso3": "FRA", "top_supplier_share_pct": 21.947963597138344, "your_share_gap_pp": 21.3058208256358, "num_suppliers": 26, "market_hhi": 1387.717944143031, "volatility_mean_usd": 5987276.342469497, "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 }, "market": { "exporter_iso3": "VEN", "importer_iso3": "ESP", "hs_code": "270799", "hs_description": "Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707", "hs_chapter": "27", "hs_heading": "2707", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -15.143476, "buyer_imports_latest_usd": 932390211.0522717, "buyer_imports_avg_usd": 162026606.03708684, "buyer_imports_peak_usd": 932390211.0522717, "buyer_cagr_full_pct": 13.4295, "buyer_yoy_avg_pct": 62.225, "buyer_yoy_latest_pct": 95.5749, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 1360743418.29, "buyer_imports_proj_5y_usd": 1750768001.23, "buyer_gdp_mn_latest": 1425276.586283, "buyer_gdp_pc_latest": 30116, "buyer_population_latest": 47326.687, "buyer_investment_rate": 24.25, "buyer_savings_rate": 21.99, "buyer_edu_secondary": 88.05, "buyer_gdp_mn_2030_proj": 1440206.01, "buyer_gdp_pc_2030_proj": 30695.11, "buyer_gdp_pc_growth_pct": 1.92, "buyer_gdp_mn_growth_pct": 1.05, "buyer_pop_growth_pct": -0.86, "exports_latest_usd": 5987276.342469497, "exports_avg_usd": 5987276.342469497, "exports_peak_usd": 5987276.342469497, "share_latest_pct": 0.6421427715025462, "share_avg_pct": 0.6421427715025462, "share_peak_pct": 0.6421427715025462, "share_change_1y_pp": 0.6421427715025462, "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": 21.3058, "addressable_proj_3y_usd": 289917554.6, "addressable_proj_5y_usd": 373015493.41, "peer_best_share_pct": 21.947963597138337, "peer_top_exporter": "FRA", "num_suppliers_latest": 26, "buyer_herfindahl_index": 1387.72, "distance_km": 6995.1689453125, "shares_official_language": 1, "common_spoken_language_score": 0.9801040291786194, "has_wto_reported_fta": 0, "buyer_is_eu_member": 1, "buyer_biz_entry_days": 12.5, "shared_legal_system": 1, "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": { "exporter_iso3": "VEN", "importer_iso3": "ESP", "hs_code": "270799", "hs_description": "Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707", "hs_chapter": "27", "hs_heading": "2707", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -15.143476, "buyer_imports_latest_usd": 932390211.0522717, "buyer_imports_avg_usd": 162026606.03708684, "buyer_imports_peak_usd": 932390211.0522717, "buyer_cagr_full_pct": 13.4295, "buyer_yoy_avg_pct": 62.225, "buyer_yoy_latest_pct": 95.5749, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 1360743418.29, "buyer_imports_proj_5y_usd": 1750768001.23, "buyer_gdp_mn_latest": 1425276.586283, "buyer_gdp_pc_latest": 30116, "buyer_population_latest": 47326.687, "buyer_investment_rate": 24.25, "buyer_savings_rate": 21.99, "buyer_edu_secondary": 88.05, "buyer_gdp_mn_2030_proj": 1440206.01, "buyer_gdp_pc_2030_proj": 30695.11, "buyer_gdp_pc_growth_pct": 1.92, "buyer_gdp_mn_growth_pct": 1.05, "buyer_pop_growth_pct": -0.86, "exports_latest_usd": 5987276.342469497, "exports_avg_usd": 5987276.342469497, "exports_peak_usd": 5987276.342469497, "share_latest_pct": 0.6421427715025462, "share_avg_pct": 0.6421427715025462, "share_peak_pct": 0.6421427715025462, "share_change_1y_pp": 0.6421427715025462, "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": 21.3058, "addressable_proj_3y_usd": 289917554.6, "addressable_proj_5y_usd": 373015493.41, "peer_best_share_pct": 21.947963597138337, "peer_top_exporter": "FRA", "num_suppliers_latest": 26, "buyer_herfindahl_index": 1387.72, "distance_km": 6995.1689453125, "shares_official_language": 1, "common_spoken_language_score": 0.9801040291786194, "has_wto_reported_fta": 0, "buyer_is_eu_member": 1, "buyer_biz_entry_days": 12.5, "shared_legal_system": 1, "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_data_year": 2024, "avg_applied_tariff_pct": 1.065483972370707, "avg_mfn_tariff_pct": 5.920413126868688, "avg_preferential_tariff_pct": 0.7202917042542949, "tariff_advantage_pp": 5.200121422614393, "rta_coverage_ratio": null, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 4.219593086678142, "buyer_gdp_pc_5y_cagr_pct": 3.4705637441098336, "buyer_population_5y_cagr_pct": 0.7239057326687615, "buyer_investment_5y_avg_pct": 24.381999999999998, "buyer_savings_5y_avg_pct": 22.082, "current_below_peak_usd": 0, "current_below_peak_pct": 0, "latest_vs_historical_avg_pct": 0, "share_change_all_pp": 0, "volatility_label": "Stable", "drawdown_label": "Near historical peak", "competition_label": "Competitive buyer market", "demand_label": "Buyer demand stable or growing", "access_label": "Standard market access", "macro_resilience_label": "Buyer macro trend resilient", "risk_driver_labels": [ "limited_history" ], "risk_driver_count": 1, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "lane_access_data_available": true }, "productHistory": [ { "year": 2024, "export_value_usd": 5987276.342469497, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 124930527.15943116, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 218243159.56379738, "yoy_growth_pct": 74.69161823457648, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 239981494.63628078, "yoy_growth_pct": 9.960603171220495, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 266270166.11254385, "yoy_growth_pct": 10.954457766048398, "cagr_3y_pct": 28.69192945494541 }, { "year": 1999, "export_value_usd": 244820817.96383795, "yoy_growth_pct": -8.055483068891744, "cagr_3y_pct": 3.9048695382418064 }, { "year": 2000, "export_value_usd": 435458724.5489983, "yoy_growth_pct": 77.86833986206155, "cagr_3y_pct": 21.970952156736946 }, { "year": 2001, "export_value_usd": 546146214.306467, "yoy_growth_pct": 25.41859503954298, "cagr_3y_pct": 27.056086048607874 }, { "year": 2002, "export_value_usd": 611734175.5960288, "yoy_growth_pct": 12.009231149363497, "cagr_3y_pct": 35.69738120840014 }, { "year": 2003, "export_value_usd": 269054339.55606925, "yoy_growth_pct": -56.017768781035905, "cagr_3y_pct": -14.827838617873246 }, { "year": 2004, "export_value_usd": 343899335.760036, "yoy_growth_pct": 27.81779930680861, "cagr_3y_pct": -14.288163000411569 }, { "year": 2005, "export_value_usd": 844577664.1843237, "yoy_growth_pct": 145.58862910210678, "cagr_3y_pct": 11.350528506048985 }, { "year": 2006, "export_value_usd": 2236415461.4998503, "yoy_growth_pct": 164.7968986558194, "cagr_3y_pct": 102.56799444511859 }, { "year": 2007, "export_value_usd": 2023237425.7487814, "yoy_growth_pct": -9.532130296045317, "cagr_3y_pct": 80.52547830081677 }, { "year": 2008, "export_value_usd": 2377535260.5139365, "yoy_growth_pct": 17.511431444286995, "cagr_3y_pct": 41.19818847697003 }, { "year": 2009, "export_value_usd": 1553269432.2737544, "yoy_growth_pct": -34.66892129549346, "cagr_3y_pct": -11.441258438920999 }, { "year": 2010, "export_value_usd": 1029272826.8784168, "yoy_growth_pct": -33.735074836841726, "cagr_3y_pct": -20.17090255065801 }, { "year": 2011, "export_value_usd": 726518998.0502343, "yoy_growth_pct": -29.414341943367496, "cagr_3y_pct": -32.644457833749684 }, { "year": 2012, "export_value_usd": 1663651273.558688, "yoy_growth_pct": 128.9893695861284, "cagr_3y_pct": 2.314809602025436 }, { "year": 2013, "export_value_usd": 1802261709.602199, "yoy_growth_pct": 8.331700173379009, "cagr_3y_pct": 20.53017380715847 }, { "year": 2014, "export_value_usd": 1698445842.88798, "yoy_growth_pct": -5.760310290181647, "cagr_3y_pct": 32.71955270689146 }, { "year": 2015, "export_value_usd": 889565351.494657, "yoy_growth_pct": -47.624744396790994, "cagr_3y_pct": -18.834427926380325 }, { "year": 2016, "export_value_usd": 265322090.05298382, "yoy_growth_pct": -70.17396309251626, "cagr_3y_pct": -47.197820239758904 }, { "year": 2017, "export_value_usd": 400162528.2460902, "yoy_growth_pct": 50.821414140895406, "cagr_3y_pct": -38.23702053971194 }, { "year": 2018, "export_value_usd": 301423729.2308584, "yoy_growth_pct": -24.674673925118206, "cagr_3y_pct": -30.283882487060275 }, { "year": 2019, "export_value_usd": 857325485.7364748, "yoy_growth_pct": 184.42534631367892, "cagr_3y_pct": 47.839598631197845 }, { "year": 2020, "export_value_usd": 312926221.57064664, "yoy_growth_pct": -63.49971781116115, "cagr_3y_pct": -7.869835629863752 }, { "year": 2021, "export_value_usd": 66969714.73615138, "yoy_growth_pct": -78.59888046453396, "cagr_3y_pct": -39.43333367703467 }, { "year": 2022, "export_value_usd": 547841439.0138123, "yoy_growth_pct": 718.0435606933805, "cagr_3y_pct": -13.866972000014533 }, { "year": 2023, "export_value_usd": 628513407.6963072, "yoy_growth_pct": 14.725422893842266, "cagr_3y_pct": 26.170414590032863 }, { "year": 2024, "export_value_usd": 1359439461.8919892, "yoy_growth_pct": 116.29442510618007, "cagr_3y_pct": 172.78918052237378 } ], "relatedSignals": [ { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "POL", "hs_code": "270900", "your_market_share_pct": 0.03498718921073413, "your_share_change_pp": 0.03498718921073413, "market_imports_usd": 16185900801.353878, "market_yoy_growth_pct": -1.7123531874818743, "market_cagr_3y_pct": 14.194379, "top_supplier_iso3": "SAU", "top_supplier_share_pct": 48.2171175455231, "your_share_gap_pp": 48.18213035631237, "num_suppliers": 13, "market_hhi": 3667.156107126263, "volatility_mean_usd": 5662991.738831413, "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": "Venezuela", "importer_name": "Poland", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "IND", "hs_code": "851770", "your_market_share_pct": 2.946730689848325e-7, "your_share_change_pp": 2.946730689848325e-7, "market_imports_usd": 10911997373.304533, "market_yoy_growth_pct": 19.82956926144459, "market_cagr_3y_pct": 13.223843, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 82.3742592409713, "your_share_gap_pp": 82.37425894629823, "num_suppliers": 75, "market_hhi": 6880.1989863591025, "volatility_mean_usd": 32.15471754746078, "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": 30.410906648216955, "exporter_name": "Venezuela", "importer_name": "India", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "BEL", "hs_code": "270799", "your_market_share_pct": 0.7868653361877568, "your_share_change_pp": 0.7868653361877568, "market_imports_usd": 2534795393.4973345, "market_yoy_growth_pct": -1.5972658332497058, "market_cagr_3y_pct": 13.545413, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 72.90719457719874, "your_share_gap_pp": 72.12032924101098, "num_suppliers": 31, "market_hhi": 5493.871633369858, "volatility_mean_usd": 19945426.294714574, "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": "Venezuela", "importer_name": "Belgium", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "CHN", "hs_code": "901839", "your_market_share_pct": 0.0000022097988092992286, "your_share_change_pp": 0.0000022097988092992286, "market_imports_usd": 2012160757.9189243, "market_yoy_growth_pct": -5.345313904156557, "market_cagr_3y_pct": -4.146243, "top_supplier_iso3": "USA", "top_supplier_share_pct": 22.825909558182175, "your_share_gap_pp": 22.825907348383367, "num_suppliers": 71, "market_hhi": 1077.8982360241666, "volatility_mean_usd": 44.46470446967872, "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": 33.1534874485057, "exporter_name": "Venezuela", "importer_name": "CHN", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "ESP", "hs_code": "854430", "your_market_share_pct": 0.0000471376922393666, "your_share_change_pp": 0.0000471376922393666, "market_imports_usd": 1948462734.4646719, "market_yoy_growth_pct": -2.7189007934844245, "market_cagr_3y_pct": 10.266083, "top_supplier_iso3": "MAR", "top_supplier_share_pct": 73.21712271369874, "your_share_gap_pp": 73.21707557600651, "num_suppliers": 72, "market_hhi": 5429.036985372382, "volatility_mean_usd": 918.4603671707038, "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": 59.270660279094244, "exporter_name": "Venezuela", "importer_name": "Spain", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "MYS", "hs_code": "260111", "your_market_share_pct": 0.3424778709414769, "your_share_change_pp": 0.3424778709414769, "market_imports_usd": 1609129934.826512, "market_yoy_growth_pct": 0.14865604433131896, "market_cagr_3y_pct": -11.287154, "top_supplier_iso3": "BRA", "top_supplier_share_pct": 77.78136116676147, "your_share_gap_pp": 77.43888329581999, "num_suppliers": 27, "market_hhi": 6232.502866007617, "volatility_mean_usd": 5510913.941475813, "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": "Venezuela", "importer_name": "Malaysia", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "NOR", "hs_code": "300490", "your_market_share_pct": 0.00008968441718175913, "your_share_change_pp": 0.00008968441718175913, "market_imports_usd": 1490723687.9043756, "market_yoy_growth_pct": 23.69382612827142, "market_cagr_3y_pct": 3.407729, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 16.84125457036659, "your_share_gap_pp": 16.841164885949407, "num_suppliers": 70, "market_hhi": 873.8930404558487, "volatility_mean_usd": 1336.946851287465, "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": 62.52877723648321, "exporter_name": "Venezuela", "importer_name": "Norway", "published": true }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "847130", "your_market_share_pct": 0.00003504049168539483, "your_share_change_pp": 0.00003504049168539483, "market_imports_usd": 1369065292.9817095, "market_yoy_growth_pct": 28.49310954735187, "market_cagr_3y_pct": 8.981896, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 68.52948777677715, "your_share_gap_pp": 68.52945273628546, "num_suppliers": 72, "market_hhi": 4973.335214004992, "volatility_mean_usd": 479.7272101548823, "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": 53.63797409581493, "exporter_name": "Venezuela", "importer_name": "Saudi Arabia", "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": "Spain", "imports": "$932.4M", "year": 2024, "annualChange": "+95.6%" }, "exporterPosition": { "exporter": "Venezuela", "routeExports": "$6.0M", "currentShare": "0.6%" } }, "signal": { "title": "A new relationship in the reported trade view", "type": "New corridor", "strength": "100/100", "reportedPeriod": 2024, "marketMomentum": "+0.0%", "availableProductHistoryYears": "1" }, "market": { "latestImports": "$932.4M", "projectionThreeYears": "$1.4B", "supplierCount": "26", "averageImports": "$162.0M", "historicalPeak": "$932.4M", "fullHistoryGrowth": "+13.4%", "latestAnnualChange": "+95.6%" }, "competition": { "topSupplier": { "country": "France", "iso3": "FRA", "share": "21.9%" }, "marketConcentrationHhi": "1,388", "exporterShare": "0.6%", "shareGap": "21.3%" }, "access": { "appliedTariff": "1.1%", "mfnTariff": "5.9%", "preferentialTariff": "0.7%", "distance": "6,995 km", "tradeAgreement": "Not reported", "businessEntryTime": "12.5 days", "sharedSpokenLanguageScore": "1" }, "economy": { "gdpPerPerson": "$30.1K", "gdpPerPersonGrowth": "+1.9%", "populationThousands": "47,327", "gdp": "$1.4T", "gdpFiveYearCagr": "+4.2%", "investmentRate": "24.3%", "savingsRate": "22.0%" }, "evidence": { "productHistory": [ { "year": 2024, "export_value_usd": 5987276.342469497, "yoy_growth_pct": null, "cagr_3y_pct": null } ], "routeHistory": [ { "year": 1995, "export_value_usd": 124930527.15943116, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "export_value_usd": 218243159.56379738, "yoy_growth_pct": 74.69161823457648, "cagr_3y_pct": null }, { "year": 1997, "export_value_usd": 239981494.63628078, "yoy_growth_pct": 9.960603171220495, "cagr_3y_pct": null }, { "year": 1998, "export_value_usd": 266270166.11254385, "yoy_growth_pct": 10.954457766048398, "cagr_3y_pct": 28.69192945494541 }, { "year": 1999, "export_value_usd": 244820817.96383795, "yoy_growth_pct": -8.055483068891744, "cagr_3y_pct": 3.9048695382418064 }, { "year": 2000, "export_value_usd": 435458724.5489983, "yoy_growth_pct": 77.86833986206155, "cagr_3y_pct": 21.970952156736946 }, { "year": 2001, "export_value_usd": 546146214.306467, "yoy_growth_pct": 25.41859503954298, "cagr_3y_pct": 27.056086048607874 }, { "year": 2002, "export_value_usd": 611734175.5960288, "yoy_growth_pct": 12.009231149363497, "cagr_3y_pct": 35.69738120840014 }, { "year": 2003, "export_value_usd": 269054339.55606925, "yoy_growth_pct": -56.017768781035905, "cagr_3y_pct": -14.827838617873246 }, { "year": 2004, "export_value_usd": 343899335.760036, "yoy_growth_pct": 27.81779930680861, "cagr_3y_pct": -14.288163000411569 }, { "year": 2005, "export_value_usd": 844577664.1843237, "yoy_growth_pct": 145.58862910210678, "cagr_3y_pct": 11.350528506048985 }, { "year": 2006, "export_value_usd": 2236415461.4998503, "yoy_growth_pct": 164.7968986558194, "cagr_3y_pct": 102.56799444511859 }, { "year": 2007, "export_value_usd": 2023237425.7487814, "yoy_growth_pct": -9.532130296045317, "cagr_3y_pct": 80.52547830081677 }, { "year": 2008, "export_value_usd": 2377535260.5139365, "yoy_growth_pct": 17.511431444286995, "cagr_3y_pct": 41.19818847697003 }, { "year": 2009, "export_value_usd": 1553269432.2737544, "yoy_growth_pct": -34.66892129549346, "cagr_3y_pct": -11.441258438920999 }, { "year": 2010, "export_value_usd": 1029272826.8784168, "yoy_growth_pct": -33.735074836841726, "cagr_3y_pct": -20.17090255065801 }, { "year": 2011, "export_value_usd": 726518998.0502343, "yoy_growth_pct": -29.414341943367496, "cagr_3y_pct": -32.644457833749684 }, { "year": 2012, "export_value_usd": 1663651273.558688, "yoy_growth_pct": 128.9893695861284, "cagr_3y_pct": 2.314809602025436 }, { "year": 2013, "export_value_usd": 1802261709.602199, "yoy_growth_pct": 8.331700173379009, "cagr_3y_pct": 20.53017380715847 }, { "year": 2014, "export_value_usd": 1698445842.88798, "yoy_growth_pct": -5.760310290181647, "cagr_3y_pct": 32.71955270689146 }, { "year": 2015, "export_value_usd": 889565351.494657, "yoy_growth_pct": -47.624744396790994, "cagr_3y_pct": -18.834427926380325 }, { "year": 2016, "export_value_usd": 265322090.05298382, "yoy_growth_pct": -70.17396309251626, "cagr_3y_pct": -47.197820239758904 }, { "year": 2017, "export_value_usd": 400162528.2460902, "yoy_growth_pct": 50.821414140895406, "cagr_3y_pct": -38.23702053971194 }, { "year": 2018, "export_value_usd": 301423729.2308584, "yoy_growth_pct": -24.674673925118206, "cagr_3y_pct": -30.283882487060275 }, { "year": 2019, "export_value_usd": 857325485.7364748, "yoy_growth_pct": 184.42534631367892, "cagr_3y_pct": 47.839598631197845 }, { "year": 2020, "export_value_usd": 312926221.57064664, "yoy_growth_pct": -63.49971781116115, "cagr_3y_pct": -7.869835629863752 }, { "year": 2021, "export_value_usd": 66969714.73615138, "yoy_growth_pct": -78.59888046453396, "cagr_3y_pct": -39.43333367703467 }, { "year": 2022, "export_value_usd": 547841439.0138123, "yoy_growth_pct": 718.0435606933805, "cagr_3y_pct": -13.866972000014533 }, { "year": 2023, "export_value_usd": 628513407.6963072, "yoy_growth_pct": 14.725422893842266, "cagr_3y_pct": 26.170414590032863 }, { "year": 2024, "export_value_usd": 1359439461.8919892, "yoy_growth_pct": 116.29442510618007, "cagr_3y_pct": 172.78918052237378 } ], "routeHistoryScope": "Broader Venezuela to Spain route exports, not only HS 270799." }, "relatedSignals": [ { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "POL", "hs_code": "270900", "your_market_share_pct": 0.03498718921073413, "your_share_change_pp": 0.03498718921073413, "market_imports_usd": 16185900801.353878, "market_yoy_growth_pct": -1.7123531874818743, "market_cagr_3y_pct": 14.194379, "top_supplier_iso3": "SAU", "top_supplier_share_pct": 48.2171175455231, "your_share_gap_pp": 48.18213035631237, "num_suppliers": 13, "market_hhi": 3667.156107126263, "volatility_mean_usd": 5662991.738831413, "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": "Venezuela", "importer_name": "Poland", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-pol-270900" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "IND", "hs_code": "851770", "your_market_share_pct": 2.946730689848325e-7, "your_share_change_pp": 2.946730689848325e-7, "market_imports_usd": 10911997373.304533, "market_yoy_growth_pct": 19.82956926144459, "market_cagr_3y_pct": 13.223843, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 82.3742592409713, "your_share_gap_pp": 82.37425894629823, "num_suppliers": 75, "market_hhi": 6880.1989863591025, "volatility_mean_usd": 32.15471754746078, "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": 30.410906648216955, "exporter_name": "Venezuela", "importer_name": "India", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-ind-851770" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "BEL", "hs_code": "270799", "your_market_share_pct": 0.7868653361877568, "your_share_change_pp": 0.7868653361877568, "market_imports_usd": 2534795393.4973345, "market_yoy_growth_pct": -1.5972658332497058, "market_cagr_3y_pct": 13.545413, "top_supplier_iso3": "NLD", "top_supplier_share_pct": 72.90719457719874, "your_share_gap_pp": 72.12032924101098, "num_suppliers": 31, "market_hhi": 5493.871633369858, "volatility_mean_usd": 19945426.294714574, "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": "Venezuela", "importer_name": "Belgium", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-bel-270799" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "CHN", "hs_code": "901839", "your_market_share_pct": 0.0000022097988092992286, "your_share_change_pp": 0.0000022097988092992286, "market_imports_usd": 2012160757.9189243, "market_yoy_growth_pct": -5.345313904156557, "market_cagr_3y_pct": -4.146243, "top_supplier_iso3": "USA", "top_supplier_share_pct": 22.825909558182175, "your_share_gap_pp": 22.825907348383367, "num_suppliers": 71, "market_hhi": 1077.8982360241666, "volatility_mean_usd": 44.46470446967872, "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": 33.1534874485057, "exporter_name": "Venezuela", "importer_name": "CHN", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-chn-901839" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "ESP", "hs_code": "854430", "your_market_share_pct": 0.0000471376922393666, "your_share_change_pp": 0.0000471376922393666, "market_imports_usd": 1948462734.4646719, "market_yoy_growth_pct": -2.7189007934844245, "market_cagr_3y_pct": 10.266083, "top_supplier_iso3": "MAR", "top_supplier_share_pct": 73.21712271369874, "your_share_gap_pp": 73.21707557600651, "num_suppliers": 72, "market_hhi": 5429.036985372382, "volatility_mean_usd": 918.4603671707038, "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": 59.270660279094244, "exporter_name": "Venezuela", "importer_name": "Spain", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-esp-854430" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "MYS", "hs_code": "260111", "your_market_share_pct": 0.3424778709414769, "your_share_change_pp": 0.3424778709414769, "market_imports_usd": 1609129934.826512, "market_yoy_growth_pct": 0.14865604433131896, "market_cagr_3y_pct": -11.287154, "top_supplier_iso3": "BRA", "top_supplier_share_pct": 77.78136116676147, "your_share_gap_pp": 77.43888329581999, "num_suppliers": 27, "market_hhi": 6232.502866007617, "volatility_mean_usd": 5510913.941475813, "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": "Venezuela", "importer_name": "Malaysia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-mys-260111" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "NOR", "hs_code": "300490", "your_market_share_pct": 0.00008968441718175913, "your_share_change_pp": 0.00008968441718175913, "market_imports_usd": 1490723687.9043756, "market_yoy_growth_pct": 23.69382612827142, "market_cagr_3y_pct": 3.407729, "top_supplier_iso3": "DEU", "top_supplier_share_pct": 16.84125457036659, "your_share_gap_pp": 16.841164885949407, "num_suppliers": 70, "market_hhi": 873.8930404558487, "volatility_mean_usd": 1336.946851287465, "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": 62.52877723648321, "exporter_name": "Venezuela", "importer_name": "Norway", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-nor-300490" }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "847130", "your_market_share_pct": 0.00003504049168539483, "your_share_change_pp": 0.00003504049168539483, "market_imports_usd": 1369065292.9817095, "market_yoy_growth_pct": 28.49310954735187, "market_cagr_3y_pct": 8.981896, "top_supplier_iso3": "CHN", "top_supplier_share_pct": 68.52948777677715, "your_share_gap_pp": 68.52945273628546, "num_suppliers": 72, "market_hhi": 4973.335214004992, "volatility_mean_usd": 479.7272101548823, "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": 53.63797409581493, "exporter_name": "Venezuela", "importer_name": "Saudi Arabia", "published": true, "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/ven-sau-847130" } ], "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/270799", "workspace": "https://www.yugalinks.com/app?hs=270799", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/ven-esp-270799/index.md", "json": "https://www.yugalinks.com/trade/signal/new-corridor/ven-esp-270799/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/ven-esp-270799/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": "2026-09-02T11:51:36.562Z" }