# Albania to SGP HS 940540 new corridor signal

This page reviews a reported new-corridor signal for lamps and light fittings: electric, n.e.s. in heading no. 9405. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 50/100
- Reported period: 2024
- Buyer market imports: $528.8M
- Buyer market growth: +15.7%
- Current exporter share: 0.0%
- Share gap: 87.8%

## What the signal means

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. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $528.8M
- Three-year buyer-import projection: $651.2M
- Supplier countries observed: 71
- Average buyer imports: $183.6M
- Historical buyer-import peak: $528.8M
- Full-history buyer-import CAGR: +7.2%
- Latest buyer-import annual change: +15.7%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 87.8%
- Market concentration: 7,711
- Exporter share: 0.0%
- Share gap to peer benchmark: 87.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,424 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $72.8K
- GDP per-person growth: +7.7%
- Population: 5,454k
- GDP: $397.0B
- GDP five-year CAGR: Not reported
- Investment rate: 27.3%
- Savings rate: 50.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $299.8 | +0.0% |

## Broader route context

Broader Albania to SGP route exports provide route context only; they are not presented as HS 940540 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $7.6K | +0.0% |
| 2000 | $8.3K | +9.6% |
| 2001 | $34.1K | +310.1% |
| 2002 | $14.6K | -57.3% |
| 2003 | $3.1K | -78.6% |
| 2004 | $2.6K | -16.3% |
| 2005 | $21.0K | +706.3% |
| 2006 | $8.5K | -59.7% |
| 2007 | $616.2 | -92.7% |
| 2008 | $175.1 | -71.6% |
| 2009 | $34.9 | -80.1% |
| 2010 | $5.4 | -84.6% |
| 2011 | $264.3K | +4913812.9% |
| 2012 | $112.5K | -57.4% |
| 2013 | $198.5K | +76.4% |
| 2014 | $596.8K | +200.6% |
| 2015 | $140.7K | -76.4% |
| 2016 | $618.8K | +339.9% |
| 2017 | $386.2K | -37.6% |
| 2018 | $1.3M | +245.1% |
| 2019 | $1.3M | -3.6% |
| 2020 | $706.2K | -45.1% |
| 2021 | $2.4M | +243.0% |
| 2022 | $547.5K | -77.4% |
| 2023 | $7.7M | +1310.9% |
| 2024 | $1.7M | -77.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Albania to CHN | HS 271112 | New corridor | $12.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-chn-271112) |
| Albania to CHN | HS 271012 | New corridor | $10.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-chn-271012) |
| Albania to CHN | HS 270210 | New corridor | $9.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-chn-270210) |
| Albania to USA, Puerto Rico and US Virgin Islands | HS 841590 | New corridor | $8.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-usa-841590) |
| Albania to Belgium | HS 300220 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-bel-300220) |
| Albania to France | HS 300215 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-fra-300215) |
| Albania to ARE | HS 710239 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-are-710239) |
| Albania to Spain | HS 870340 | New corridor | $4.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/alb-esp-870340) |

## Frequently asked questions

### What does a new corridor signal mean?

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.

### Is the market opportunity reported trade?

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.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.