# ARE to Japan HS 711291 new corridor signal

This page reviews a reported new-corridor signal for waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $243.5M
- Buyer market growth: +1.6%
- Current exporter share: 0.1%
- Share gap: 56.1%

## 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: $243.5M
- Three-year buyer-import projection: $299.0M
- Supplier countries observed: 14
- Average buyer imports: $172.1M
- Historical buyer-import peak: $305.7M
- Full-history buyer-import CAGR: +7.1%
- Latest buyer-import annual change: +1.6%

## Competition landscape

- Top supplier: Malaysia
- Top supplier share: 56.1%
- Market concentration: 3,678
- Exporter share: 0.1%
- Share gap to peer benchmark: 56.1%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 8,063 km
- Trade agreement: Not reported
- Business entry time: 11.1 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $39.3K
- GDP per-person growth: +8.9%
- Population: 125,682k
- GDP: $4.9T
- GDP five-year CAGR: Not reported
- Investment rate: 24.8%
- Savings rate: 24.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $174.1K | +0.0% |

## Broader route context

Broader ARE to Japan route exports provide route context only; they are not presented as HS 711291 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $9.5B | +0.0% |
| 1996 | $10.7B | +12.7% |
| 1997 | $11.4B | +7.0% |
| 1998 | $5.6B | -51.0% |
| 1999 | $8.9B | +59.4% |
| 2000 | $14.3B | +60.8% |
| 2001 | $11.5B | -19.8% |
| 2002 | $11.6B | +0.6% |
| 2003 | $14.1B | +22.0% |
| 2004 | $17.6B | +25.1% |
| 2005 | $27.4B | +55.5% |
| 2006 | $35.1B | +28.0% |
| 2007 | $37.0B | +5.5% |
| 2008 | $43.4B | +17.2% |
| 2009 | $39.9B | -8.1% |
| 2010 | $38.6B | -3.1% |
| 2011 | $52.2B | +35.1% |
| 2012 | $63.9B | +22.4% |
| 2013 | $73.8B | +15.6% |
| 2014 | $67.8B | -8.2% |
| 2015 | $50.4B | -25.7% |
| 2016 | $28.5B | -43.4% |
| 2017 | $27.5B | -3.7% |
| 2018 | $27.5B | +0.2% |
| 2019 | $40.0B | +45.4% |
| 2020 | $23.8B | -40.5% |
| 2021 | $36.6B | +53.8% |
| 2022 | $48.9B | +33.6% |
| 2023 | $48.4B | -1.0% |
| 2024 | $31.2B | -35.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| ARE to Philippines | HS 270119 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-phl-270119) |
| ARE to USA, Puerto Rico and US Virgin Islands | HS 441012 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-usa-441012) |
| ARE to CHN | HS 440321 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-chn-440321) |
| ARE to Italy | HS 870360 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-ita-870360) |
| ARE to Poland | HS 870120 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-pol-870120) |
| ARE to CHN | HS 440711 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-chn-440711) |
| ARE to Taiwan | HS 270119 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-twn-270119) |
| ARE to Italy | HS 120190 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/are-ita-120190) |

## 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.