# Andorra to Canada HS 854390 new corridor signal

This page reviews a reported new-corridor signal for electrical machines and apparatus: parts of the electrical goods of heading no. 8543. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 66/100
- Reported period: 2024
- Buyer market imports: $244.0M
- Buyer market growth: +22.2%
- Current exporter share: 0.0%
- Share gap: 43.8%

## 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: $244.0M
- Three-year buyer-import projection: $315.9M
- Supplier countries observed: 69
- Average buyer imports: $99.6M
- Historical buyer-import peak: $256.8M
- Full-history buyer-import CAGR: +9.0%
- Latest buyer-import annual change: +22.2%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 43.8%
- Market concentration: 2,760
- Exporter share: 0.0%
- Share gap to peer benchmark: 43.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,296 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0.4

## Buyer economy

- GDP per person: $52.1K
- GDP per-person growth: +3.2%
- Population: 38,246k
- GDP: $2.0T
- GDP five-year CAGR: Not reported
- Investment rate: 22.9%
- Savings rate: 21.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $2.0K | +0.0% |

## Broader route context

Broader Andorra to Canada route exports provide route context only; they are not presented as HS 854390 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $8.9K | +0.0% |
| 2000 | $203.7 | -97.7% |
| 2001 | $43.9K | +21443.1% |
| 2002 | $187.2K | +326.5% |
| 2003 | $178.3K | -4.8% |
| 2004 | $282.4K | +58.4% |
| 2005 | $77.8K | -72.4% |
| 2006 | $118.3K | +51.9% |
| 2007 | $83.8K | -29.1% |
| 2008 | $106.8K | +27.4% |
| 2009 | $130.8K | +22.5% |
| 2010 | $379.5K | +190.1% |
| 2011 | $416.6K | +9.8% |
| 2012 | $1.1M | +174.1% |
| 2013 | $307.0K | -73.1% |
| 2014 | $93.4K | -69.6% |
| 2015 | $191.2K | +104.8% |
| 2016 | $322.1K | +68.5% |
| 2017 | $586.3K | +82.0% |
| 2018 | $398.6K | -32.0% |
| 2019 | $371.4K | -6.8% |
| 2020 | $126.0K | -66.1% |
| 2021 | $129.7K | +3.0% |
| 2022 | $280.3K | +116.1% |
| 2023 | $640.3K | +128.4% |
| 2024 | $293.6K | -54.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Andorra to China, Hong Kong SAR | HS 854231 | New corridor | $33.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-hkg-854231) |
| Andorra to ARE | HS 841191 | New corridor | $12.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-are-841191) |
| Andorra to Canada | HS 851712 | New corridor | $6.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-can-851712) |
| Andorra to Canada | HS 271019 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-can-271019) |
| Andorra to China, Hong Kong SAR | HS 970110 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-hkg-970110) |
| Andorra to USA, Puerto Rico and US Virgin Islands | HS 190531 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-usa-190531) |
| Andorra to Thailand | HS 852329 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-tha-852329) |
| Andorra to CHN | HS 870899 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/and-chn-870899) |

## 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.