{
  "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/vut-usa-420222",
  "seo": {
    "title": "VUT to USA, Puerto Rico and US Virgin Islands new corridor | HS 420222 | Yugalinks",
    "description": "Reported new-corridor signal for VUT to USA, Puerto Rico and US Virgin Islands in cases and containers (HS 420222), with market demand, growth, share,...",
    "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": "VUT-USA-HS 420222",
      "url": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420222"
    }
  ],
  "exporter": {
    "iso3": "VUT",
    "country_name": "VUT"
  },
  "importer": {
    "iso3": "USA",
    "country_name": "USA, Puerto Rico and US Virgin Islands"
  },
  "hsCode": "420222",
  "product": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of plastic sheeting or of textile materials",
  "latestYear": 2024,
  "signal": {
    "year": 2024,
    "exporter_iso3": "VUT",
    "importer_iso3": "USA",
    "hs_code": "420222",
    "your_market_share_pct": 0.00001404190354775022,
    "your_share_change_pp": 0.00001404190354775022,
    "market_imports_usd": 2106941279.551002,
    "market_yoy_growth_pct": 10.074014620410487,
    "market_cagr_3y_pct": 1.782292,
    "top_supplier_iso3": "CHN",
    "top_supplier_share_pct": 27.196876710754044,
    "your_share_gap_pp": 27.196862668850496,
    "num_suppliers": 130,
    "market_hhi": 1668.7561858490465,
    "volatility_mean_usd": 295.85466228228603,
    "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": 49.45087748347092
  },
  "market": {
    "exporter_iso3": "VUT",
    "importer_iso3": "USA",
    "hs_code": "420222",
    "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of plastic sheeting or of textile materials",
    "hs_chapter": "42",
    "hs_heading": "4202",
    "price_range_label": "Medium price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -2.3053789,
    "buyer_imports_latest_usd": 2106941279.5510013,
    "buyer_imports_avg_usd": 1290873962.6217675,
    "buyer_imports_peak_usd": 2160549831.093159,
    "buyer_cagr_full_pct": 5.1456,
    "buyer_yoy_avg_pct": 5.7758,
    "buyer_yoy_latest_pct": 10.074,
    "buyer_trend_consistency_pct": 75.8621,
    "buyer_imports_proj_3y_usd": 2449205208.84,
    "buyer_imports_proj_5y_usd": 2707740262.25,
    "buyer_gdp_mn_latest": 22996100,
    "buyer_gdp_pc_latest": 69288,
    "buyer_population_latest": 331893.738,
    "buyer_investment_rate": 21.94,
    "buyer_savings_rate": 17.5,
    "buyer_edu_secondary": 98.29,
    "buyer_gdp_mn_2030_proj": 25548808.87,
    "buyer_gdp_pc_2030_proj": 74535.71,
    "buyer_gdp_pc_growth_pct": 7.57,
    "buyer_gdp_mn_growth_pct": 11.1,
    "buyer_pop_growth_pct": 3.28,
    "exports_latest_usd": 295.85466228228603,
    "exports_avg_usd": 295.85466228228603,
    "exports_peak_usd": 295.85466228228603,
    "share_latest_pct": 0.000014041903547750225,
    "share_avg_pct": 0.000014041903547750225,
    "share_peak_pct": 0.000014041903547750225,
    "share_change_1y_pp": 0.000014041903547750225,
    "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": 27.1969,
    "addressable_proj_3y_usd": 666106977.13,
    "addressable_proj_5y_usd": 736420400.55,
    "peer_best_share_pct": 27.196876710754047,
    "peer_top_exporter": "CHN",
    "num_suppliers_latest": 130,
    "buyer_herfindahl_index": 1668.76,
    "distance_km": 13612.1552734375,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.8072711229324341,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 4.2,
    "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": {
    "lane_access_data_available": false,
    "exporter_iso3": "VUT",
    "importer_iso3": "USA",
    "hs_code": "420222"
  },
  "productHistory": [
    {
      "year": 2024,
      "export_value_usd": 295.85466228228603,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    }
  ],
  "routeHistory": [
    {
      "year": 1995,
      "export_value_usd": 173107.03845096607,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "export_value_usd": 614513.4689727025,
      "yoy_growth_pct": 254.9904581995193,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "export_value_usd": 2155569.3087103874,
      "yoy_growth_pct": 250.77657651896655,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "export_value_usd": 4889822.754156531,
      "yoy_growth_pct": 126.84600000553755,
      "cagr_3y_pct": 204.55060288731178
    },
    {
      "year": 1999,
      "export_value_usd": 2149884.562927385,
      "yoy_growth_pct": -56.03348687639234,
      "cagr_3y_pct": 51.807971922754014
    },
    {
      "year": 2000,
      "export_value_usd": 582431.7279096819,
      "yoy_growth_pct": -72.90869761320509,
      "cagr_3y_pct": -35.35111913457259
    },
    {
      "year": 2001,
      "export_value_usd": 750818.7828884303,
      "yoy_growth_pct": 28.911037450360254,
      "cagr_3y_pct": -46.45149663678166
    },
    {
      "year": 2002,
      "export_value_usd": 2548107.029479723,
      "yoy_growth_pct": 239.3771023784264,
      "cagr_3y_pct": 5.828061625910674
    },
    {
      "year": 2003,
      "export_value_usd": 846765.9879232425,
      "yoy_growth_pct": -66.76882179096941,
      "cagr_3y_pct": 13.285100278628548
    },
    {
      "year": 2004,
      "export_value_usd": 1914479.6464996934,
      "yoy_growth_pct": 126.09312062652624,
      "cagr_3y_pct": 36.61714595207022
    },
    {
      "year": 2005,
      "export_value_usd": 2216937.600638344,
      "yoy_growth_pct": 15.798441873834722,
      "cagr_3y_pct": -4.534760200130394
    },
    {
      "year": 2006,
      "export_value_usd": 1422745.014899792,
      "yoy_growth_pct": -35.823858349006876,
      "cagr_3y_pct": 18.883401429334246
    },
    {
      "year": 2007,
      "export_value_usd": 989524.8967492344,
      "yoy_growth_pct": -30.44959663282113,
      "cagr_3y_pct": -19.747483909760266
    },
    {
      "year": 2008,
      "export_value_usd": 1207325.4511399223,
      "yoy_growth_pct": 22.0106189451323,
      "cagr_3y_pct": -18.337319927037377
    },
    {
      "year": 2009,
      "export_value_usd": 2211259.474686536,
      "yoy_growth_pct": 83.15355421346646,
      "cagr_3y_pct": 15.834397674933198
    },
    {
      "year": 2010,
      "export_value_usd": 2134509.883256711,
      "yoy_growth_pct": -3.4708541583843178,
      "cagr_3y_pct": 29.208320519024113
    },
    {
      "year": 2011,
      "export_value_usd": 2338583.0314781675,
      "yoy_growth_pct": 9.56065604672176,
      "cagr_3y_pct": 24.654935811121682
    },
    {
      "year": 2012,
      "export_value_usd": 3156703.7116013695,
      "yoy_growth_pct": 34.98360627401311,
      "cagr_3y_pct": 12.598180155514882
    },
    {
      "year": 2013,
      "export_value_usd": 3509235.1138601047,
      "yoy_growth_pct": 11.167706394589016,
      "cagr_3y_pct": 18.024299668049103
    },
    {
      "year": 2014,
      "export_value_usd": 7432057.715658295,
      "yoy_growth_pct": 111.78568760766635,
      "cagr_3y_pct": 47.02304950025309
    },
    {
      "year": 2015,
      "export_value_usd": 3831768.7824779684,
      "yoy_growth_pct": -48.44269340905449,
      "cagr_3y_pct": 6.673159392364703
    },
    {
      "year": 2016,
      "export_value_usd": 5377817.021507191,
      "yoy_growth_pct": 40.34816103985814,
      "cagr_3y_pct": 15.291649217019643
    },
    {
      "year": 2017,
      "export_value_usd": 5201435.05837119,
      "yoy_growth_pct": -3.279805959009141,
      "cagr_3y_pct": -11.215319610722519
    },
    {
      "year": 2018,
      "export_value_usd": 6966986.168580373,
      "yoy_growth_pct": 33.943538473439276,
      "cagr_3y_pct": 22.053026004070574
    },
    {
      "year": 2019,
      "export_value_usd": 6045386.202860711,
      "yoy_growth_pct": -13.228100981108327,
      "cagr_3y_pct": 3.977493258183995
    },
    {
      "year": 2020,
      "export_value_usd": 5054039.7423686655,
      "yoy_growth_pct": -16.398397508879327,
      "cagr_3y_pct": -0.9536465994215759
    },
    {
      "year": 2021,
      "export_value_usd": 6234381.035769343,
      "yoy_growth_pct": 23.354412580212312,
      "cagr_3y_pct": -3.635708812892424
    },
    {
      "year": 2022,
      "export_value_usd": 6581459.174511296,
      "yoy_growth_pct": 5.567162750409627,
      "cagr_3y_pct": 2.8725204255135806
    },
    {
      "year": 2023,
      "export_value_usd": 6096953.1688001705,
      "yoy_growth_pct": -7.361680637441648,
      "cagr_3y_pct": 6.4530401608863475
    },
    {
      "year": 2024,
      "export_value_usd": 13430453.33736787,
      "yoy_growth_pct": 120.28139245181167,
      "cagr_3y_pct": 29.15139754856524
    }
  ],
  "relatedSignals": [
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "NLD",
      "hs_code": "851712",
      "your_market_share_pct": 9.250939924526435e-7,
      "your_share_change_pp": 9.250939924526435e-7,
      "market_imports_usd": 10254661277.686634,
      "market_yoy_growth_pct": 1.4992333645568179,
      "market_cagr_3y_pct": 0.47574,
      "top_supplier_iso3": "CHN",
      "top_supplier_share_pct": 32.88301028237392,
      "your_share_gap_pp": 32.883009357279924,
      "num_suppliers": 119,
      "market_hhi": 1621.7829072363104,
      "volatility_mean_usd": 94.86525542624655,
      "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": 39.633224675059054,
      "exporter_name": "VUT",
      "importer_name": "NLD",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "SGP",
      "hs_code": "847149",
      "your_market_share_pct": 0.00001823253434057433,
      "your_share_change_pp": 0.00001823253434057433,
      "market_imports_usd": 2697072369.347162,
      "market_yoy_growth_pct": 537.2327666205622,
      "market_cagr_3y_pct": 90.931676,
      "top_supplier_iso3": "TWN",
      "top_supplier_share_pct": 71.88853566612313,
      "your_share_gap_pp": 71.88851743358879,
      "num_suppliers": 66,
      "market_hhi": 5430.414202988852,
      "volatility_mean_usd": 491.7446459313631,
      "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": 53.85243828033464,
      "exporter_name": "VUT",
      "importer_name": "SGP",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "USA",
      "hs_code": "420221",
      "your_market_share_pct": 0.00008892875188976459,
      "your_share_change_pp": 0.00008892875188976459,
      "market_imports_usd": 2472282734.8862953,
      "market_yoy_growth_pct": -2.224258811081914,
      "market_cagr_3y_pct": 1.935006,
      "top_supplier_iso3": "FRA",
      "top_supplier_share_pct": 32.24481673685345,
      "your_share_gap_pp": 32.24472780810156,
      "num_suppliers": 130,
      "market_hhi": 2105.051453251345,
      "volatility_mean_usd": 2198.57017932052,
      "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": 66.84675646201956,
      "exporter_name": "VUT",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "CAN",
      "hs_code": "850760",
      "your_market_share_pct": 0.000010151860671843875,
      "your_share_change_pp": 0.000010151860671843875,
      "market_imports_usd": 2167819349.7116637,
      "market_yoy_growth_pct": 46.271455142892236,
      "market_cagr_3y_pct": 50.241654,
      "top_supplier_iso3": "USA",
      "top_supplier_share_pct": 55.11952435117643,
      "your_share_gap_pp": 55.11951419931576,
      "num_suppliers": 74,
      "market_hhi": 3648.3320565863883,
      "volatility_mean_usd": 220.074,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 46.890753384319986,
      "exporter_name": "VUT",
      "importer_name": "Canada",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "PRT",
      "hs_code": "300490",
      "your_market_share_pct": 0.000009891271875726106,
      "your_share_change_pp": 0.000009891271875726106,
      "market_imports_usd": 2111850043.609889,
      "market_yoy_growth_pct": 3.343904081640514,
      "market_cagr_3y_pct": 3.776948,
      "top_supplier_iso3": "DEU",
      "top_supplier_share_pct": 21.858212815073628,
      "your_share_gap_pp": 21.858202923801752,
      "num_suppliers": 69,
      "market_hhi": 1139.5463022041229,
      "volatility_mean_usd": 208.88882942109444,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 46.43978650867773,
      "exporter_name": "VUT",
      "importer_name": "Portugal",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "CHN",
      "hs_code": "420221",
      "your_market_share_pct": 0.00040906770598731916,
      "your_share_change_pp": 0.00040906770598731916,
      "market_imports_usd": 2023277489.8275483,
      "market_yoy_growth_pct": -13.050947605445906,
      "market_cagr_3y_pct": -5.485948,
      "top_supplier_iso3": "FRA",
      "top_supplier_share_pct": 44.16349149948378,
      "your_share_gap_pp": 44.163082431777795,
      "num_suppliers": 95,
      "market_hhi": 3337.744945334578,
      "volatility_mean_usd": 8276.574813395366,
      "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": 78.3580622926149,
      "exporter_name": "VUT",
      "importer_name": "CHN",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "USA",
      "hs_code": "850152",
      "your_market_share_pct": 0.0009277812824433787,
      "your_share_change_pp": 0.0009277812824433787,
      "market_imports_usd": 1993760890.511406,
      "market_yoy_growth_pct": 5.566957179862975,
      "market_cagr_3y_pct": 10.975386,
      "top_supplier_iso3": "MEX",
      "top_supplier_share_pct": 26.6459587098889,
      "your_share_gap_pp": 26.64503092860646,
      "num_suppliers": 84,
      "market_hhi": 1434.724448656957,
      "volatility_mean_usd": 18497.74035884125,
      "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": 85.34284313689335,
      "exporter_name": "VUT",
      "importer_name": "USA, Puerto Rico and US Virgin Islands",
      "published": true
    },
    {
      "year": 2024,
      "exporter_iso3": "VUT",
      "importer_iso3": "SGP",
      "hs_code": "847170",
      "your_market_share_pct": 0.000010995294137910467,
      "your_share_change_pp": 0.000010995294137910467,
      "market_imports_usd": 1941122197.976906,
      "market_yoy_growth_pct": 13.279882058701142,
      "market_cagr_3y_pct": 5.021087,
      "top_supplier_iso3": "THA",
      "top_supplier_share_pct": 29.566036727517975,
      "your_share_gap_pp": 29.56602573222384,
      "num_suppliers": 91,
      "market_hhi": 1679.5089394895392,
      "volatility_mean_usd": 213.43209524383357,
      "volatility_stddev_usd": 0,
      "volatility_cv": 0,
      "max_drawdown_pct": 0,
      "momentum_yoy_pct": null,
      "momentum_acceleration_pct": null,
      "anomaly_type": "",
      "anomaly_severity": "0",
      "anomaly_z_score": 0,
      "new_corridor_signal_type": "new",
      "new_corridor_signal_strength": 46.62579578310983,
      "exporter_name": "VUT",
      "importer_name": "SGP",
      "published": true
    }
  ],
  "sections": {
    "overview": {
      "title": "What does this new corridor signal mean?",
      "summary": "The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access.",
      "reportedMarket": {
        "buyerMarket": "USA, Puerto Rico and US Virgin Islands",
        "imports": "$2.1B",
        "year": 2024,
        "annualChange": "+10.1%"
      },
      "exporterPosition": {
        "exporter": "VUT",
        "routeExports": "$295.9",
        "currentShare": "0.0%"
      }
    },
    "signal": {
      "title": "A new relationship in the reported trade view",
      "type": "New corridor",
      "strength": "49/100",
      "reportedPeriod": 2024,
      "marketMomentum": "+0.0%",
      "availableProductHistoryYears": "1"
    },
    "market": {
      "latestImports": "$2.1B",
      "projectionThreeYears": "$2.4B",
      "supplierCount": "130",
      "averageImports": "$1.3B",
      "historicalPeak": "$2.2B",
      "fullHistoryGrowth": "+5.1%",
      "latestAnnualChange": "+10.1%"
    },
    "competition": {
      "topSupplier": {
        "country": "CHN",
        "iso3": "CHN",
        "share": "27.2%"
      },
      "marketConcentrationHhi": "1,669",
      "exporterShare": "0.0%",
      "shareGap": "27.2%"
    },
    "access": {
      "appliedTariff": "Not reported",
      "mfnTariff": "Not reported",
      "preferentialTariff": "Not reported",
      "distance": "13,612 km",
      "tradeAgreement": "Not reported",
      "businessEntryTime": "4.2 days",
      "sharedSpokenLanguageScore": "0.8"
    },
    "economy": {
      "gdpPerPerson": "$69.3K",
      "gdpPerPersonGrowth": "+7.6%",
      "populationThousands": "331,894",
      "gdp": "$23.0T",
      "gdpFiveYearCagr": "Not reported",
      "investmentRate": "21.9%",
      "savingsRate": "17.5%"
    },
    "evidence": {
      "productHistory": [
        {
          "year": 2024,
          "export_value_usd": 295.85466228228603,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        }
      ],
      "routeHistory": [
        {
          "year": 1995,
          "export_value_usd": 173107.03845096607,
          "yoy_growth_pct": null,
          "cagr_3y_pct": null
        },
        {
          "year": 1996,
          "export_value_usd": 614513.4689727025,
          "yoy_growth_pct": 254.9904581995193,
          "cagr_3y_pct": null
        },
        {
          "year": 1997,
          "export_value_usd": 2155569.3087103874,
          "yoy_growth_pct": 250.77657651896655,
          "cagr_3y_pct": null
        },
        {
          "year": 1998,
          "export_value_usd": 4889822.754156531,
          "yoy_growth_pct": 126.84600000553755,
          "cagr_3y_pct": 204.55060288731178
        },
        {
          "year": 1999,
          "export_value_usd": 2149884.562927385,
          "yoy_growth_pct": -56.03348687639234,
          "cagr_3y_pct": 51.807971922754014
        },
        {
          "year": 2000,
          "export_value_usd": 582431.7279096819,
          "yoy_growth_pct": -72.90869761320509,
          "cagr_3y_pct": -35.35111913457259
        },
        {
          "year": 2001,
          "export_value_usd": 750818.7828884303,
          "yoy_growth_pct": 28.911037450360254,
          "cagr_3y_pct": -46.45149663678166
        },
        {
          "year": 2002,
          "export_value_usd": 2548107.029479723,
          "yoy_growth_pct": 239.3771023784264,
          "cagr_3y_pct": 5.828061625910674
        },
        {
          "year": 2003,
          "export_value_usd": 846765.9879232425,
          "yoy_growth_pct": -66.76882179096941,
          "cagr_3y_pct": 13.285100278628548
        },
        {
          "year": 2004,
          "export_value_usd": 1914479.6464996934,
          "yoy_growth_pct": 126.09312062652624,
          "cagr_3y_pct": 36.61714595207022
        },
        {
          "year": 2005,
          "export_value_usd": 2216937.600638344,
          "yoy_growth_pct": 15.798441873834722,
          "cagr_3y_pct": -4.534760200130394
        },
        {
          "year": 2006,
          "export_value_usd": 1422745.014899792,
          "yoy_growth_pct": -35.823858349006876,
          "cagr_3y_pct": 18.883401429334246
        },
        {
          "year": 2007,
          "export_value_usd": 989524.8967492344,
          "yoy_growth_pct": -30.44959663282113,
          "cagr_3y_pct": -19.747483909760266
        },
        {
          "year": 2008,
          "export_value_usd": 1207325.4511399223,
          "yoy_growth_pct": 22.0106189451323,
          "cagr_3y_pct": -18.337319927037377
        },
        {
          "year": 2009,
          "export_value_usd": 2211259.474686536,
          "yoy_growth_pct": 83.15355421346646,
          "cagr_3y_pct": 15.834397674933198
        },
        {
          "year": 2010,
          "export_value_usd": 2134509.883256711,
          "yoy_growth_pct": -3.4708541583843178,
          "cagr_3y_pct": 29.208320519024113
        },
        {
          "year": 2011,
          "export_value_usd": 2338583.0314781675,
          "yoy_growth_pct": 9.56065604672176,
          "cagr_3y_pct": 24.654935811121682
        },
        {
          "year": 2012,
          "export_value_usd": 3156703.7116013695,
          "yoy_growth_pct": 34.98360627401311,
          "cagr_3y_pct": 12.598180155514882
        },
        {
          "year": 2013,
          "export_value_usd": 3509235.1138601047,
          "yoy_growth_pct": 11.167706394589016,
          "cagr_3y_pct": 18.024299668049103
        },
        {
          "year": 2014,
          "export_value_usd": 7432057.715658295,
          "yoy_growth_pct": 111.78568760766635,
          "cagr_3y_pct": 47.02304950025309
        },
        {
          "year": 2015,
          "export_value_usd": 3831768.7824779684,
          "yoy_growth_pct": -48.44269340905449,
          "cagr_3y_pct": 6.673159392364703
        },
        {
          "year": 2016,
          "export_value_usd": 5377817.021507191,
          "yoy_growth_pct": 40.34816103985814,
          "cagr_3y_pct": 15.291649217019643
        },
        {
          "year": 2017,
          "export_value_usd": 5201435.05837119,
          "yoy_growth_pct": -3.279805959009141,
          "cagr_3y_pct": -11.215319610722519
        },
        {
          "year": 2018,
          "export_value_usd": 6966986.168580373,
          "yoy_growth_pct": 33.943538473439276,
          "cagr_3y_pct": 22.053026004070574
        },
        {
          "year": 2019,
          "export_value_usd": 6045386.202860711,
          "yoy_growth_pct": -13.228100981108327,
          "cagr_3y_pct": 3.977493258183995
        },
        {
          "year": 2020,
          "export_value_usd": 5054039.7423686655,
          "yoy_growth_pct": -16.398397508879327,
          "cagr_3y_pct": -0.9536465994215759
        },
        {
          "year": 2021,
          "export_value_usd": 6234381.035769343,
          "yoy_growth_pct": 23.354412580212312,
          "cagr_3y_pct": -3.635708812892424
        },
        {
          "year": 2022,
          "export_value_usd": 6581459.174511296,
          "yoy_growth_pct": 5.567162750409627,
          "cagr_3y_pct": 2.8725204255135806
        },
        {
          "year": 2023,
          "export_value_usd": 6096953.1688001705,
          "yoy_growth_pct": -7.361680637441648,
          "cagr_3y_pct": 6.4530401608863475
        },
        {
          "year": 2024,
          "export_value_usd": 13430453.33736787,
          "yoy_growth_pct": 120.28139245181167,
          "cagr_3y_pct": 29.15139754856524
        }
      ],
      "routeHistoryScope": "Broader VUT to USA, Puerto Rico and US Virgin Islands route exports, not only HS 420222."
    },
    "relatedSignals": [
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "NLD",
        "hs_code": "851712",
        "your_market_share_pct": 9.250939924526435e-7,
        "your_share_change_pp": 9.250939924526435e-7,
        "market_imports_usd": 10254661277.686634,
        "market_yoy_growth_pct": 1.4992333645568179,
        "market_cagr_3y_pct": 0.47574,
        "top_supplier_iso3": "CHN",
        "top_supplier_share_pct": 32.88301028237392,
        "your_share_gap_pp": 32.883009357279924,
        "num_suppliers": 119,
        "market_hhi": 1621.7829072363104,
        "volatility_mean_usd": 94.86525542624655,
        "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": 39.633224675059054,
        "exporter_name": "VUT",
        "importer_name": "NLD",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-nld-851712"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "SGP",
        "hs_code": "847149",
        "your_market_share_pct": 0.00001823253434057433,
        "your_share_change_pp": 0.00001823253434057433,
        "market_imports_usd": 2697072369.347162,
        "market_yoy_growth_pct": 537.2327666205622,
        "market_cagr_3y_pct": 90.931676,
        "top_supplier_iso3": "TWN",
        "top_supplier_share_pct": 71.88853566612313,
        "your_share_gap_pp": 71.88851743358879,
        "num_suppliers": 66,
        "market_hhi": 5430.414202988852,
        "volatility_mean_usd": 491.7446459313631,
        "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": 53.85243828033464,
        "exporter_name": "VUT",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-sgp-847149"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "USA",
        "hs_code": "420221",
        "your_market_share_pct": 0.00008892875188976459,
        "your_share_change_pp": 0.00008892875188976459,
        "market_imports_usd": 2472282734.8862953,
        "market_yoy_growth_pct": -2.224258811081914,
        "market_cagr_3y_pct": 1.935006,
        "top_supplier_iso3": "FRA",
        "top_supplier_share_pct": 32.24481673685345,
        "your_share_gap_pp": 32.24472780810156,
        "num_suppliers": 130,
        "market_hhi": 2105.051453251345,
        "volatility_mean_usd": 2198.57017932052,
        "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": 66.84675646201956,
        "exporter_name": "VUT",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420221"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "CAN",
        "hs_code": "850760",
        "your_market_share_pct": 0.000010151860671843875,
        "your_share_change_pp": 0.000010151860671843875,
        "market_imports_usd": 2167819349.7116637,
        "market_yoy_growth_pct": 46.271455142892236,
        "market_cagr_3y_pct": 50.241654,
        "top_supplier_iso3": "USA",
        "top_supplier_share_pct": 55.11952435117643,
        "your_share_gap_pp": 55.11951419931576,
        "num_suppliers": 74,
        "market_hhi": 3648.3320565863883,
        "volatility_mean_usd": 220.074,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 46.890753384319986,
        "exporter_name": "VUT",
        "importer_name": "Canada",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-can-850760"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "PRT",
        "hs_code": "300490",
        "your_market_share_pct": 0.000009891271875726106,
        "your_share_change_pp": 0.000009891271875726106,
        "market_imports_usd": 2111850043.609889,
        "market_yoy_growth_pct": 3.343904081640514,
        "market_cagr_3y_pct": 3.776948,
        "top_supplier_iso3": "DEU",
        "top_supplier_share_pct": 21.858212815073628,
        "your_share_gap_pp": 21.858202923801752,
        "num_suppliers": 69,
        "market_hhi": 1139.5463022041229,
        "volatility_mean_usd": 208.88882942109444,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 46.43978650867773,
        "exporter_name": "VUT",
        "importer_name": "Portugal",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-prt-300490"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "CHN",
        "hs_code": "420221",
        "your_market_share_pct": 0.00040906770598731916,
        "your_share_change_pp": 0.00040906770598731916,
        "market_imports_usd": 2023277489.8275483,
        "market_yoy_growth_pct": -13.050947605445906,
        "market_cagr_3y_pct": -5.485948,
        "top_supplier_iso3": "FRA",
        "top_supplier_share_pct": 44.16349149948378,
        "your_share_gap_pp": 44.163082431777795,
        "num_suppliers": 95,
        "market_hhi": 3337.744945334578,
        "volatility_mean_usd": 8276.574813395366,
        "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": 78.3580622926149,
        "exporter_name": "VUT",
        "importer_name": "CHN",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-chn-420221"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "USA",
        "hs_code": "850152",
        "your_market_share_pct": 0.0009277812824433787,
        "your_share_change_pp": 0.0009277812824433787,
        "market_imports_usd": 1993760890.511406,
        "market_yoy_growth_pct": 5.566957179862975,
        "market_cagr_3y_pct": 10.975386,
        "top_supplier_iso3": "MEX",
        "top_supplier_share_pct": 26.6459587098889,
        "your_share_gap_pp": 26.64503092860646,
        "num_suppliers": 84,
        "market_hhi": 1434.724448656957,
        "volatility_mean_usd": 18497.74035884125,
        "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": 85.34284313689335,
        "exporter_name": "VUT",
        "importer_name": "USA, Puerto Rico and US Virgin Islands",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-850152"
      },
      {
        "year": 2024,
        "exporter_iso3": "VUT",
        "importer_iso3": "SGP",
        "hs_code": "847170",
        "your_market_share_pct": 0.000010995294137910467,
        "your_share_change_pp": 0.000010995294137910467,
        "market_imports_usd": 1941122197.976906,
        "market_yoy_growth_pct": 13.279882058701142,
        "market_cagr_3y_pct": 5.021087,
        "top_supplier_iso3": "THA",
        "top_supplier_share_pct": 29.566036727517975,
        "your_share_gap_pp": 29.56602573222384,
        "num_suppliers": 91,
        "market_hhi": 1679.5089394895392,
        "volatility_mean_usd": 213.43209524383357,
        "volatility_stddev_usd": 0,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "momentum_yoy_pct": null,
        "momentum_acceleration_pct": null,
        "anomaly_type": "",
        "anomaly_severity": "0",
        "anomaly_z_score": 0,
        "new_corridor_signal_type": "new",
        "new_corridor_signal_strength": 46.62579578310983,
        "exporter_name": "VUT",
        "importer_name": "SGP",
        "published": true,
        "canonical": "https://www.yugalinks.com/trade/signal/new-corridor/vut-sgp-847170"
      }
    ],
    "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/420222",
    "workspace": "https://www.yugalinks.com/app?hs=420222",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "markdown": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420222/index.md",
    "json": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420222/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420222/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": "2026-09-02T11:53:04.969Z"
}