# ARG to India HS 271112 new corridor signal

This page reviews a reported new-corridor signal for petroleum gases and other gaseous hydrocarbons: liquefied, propane. 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: $5.7B
- Buyer market growth: +3.9%
- Current exporter share: 0.2%
- Share gap: 36.2%

## 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: $5.7B
- Three-year buyer-import projection: $11.0B
- Supplier countries observed: 20
- Average buyer imports: $1.7B
- Historical buyer-import peak: $7.2B
- Full-history buyer-import CAGR: +24.3%
- Latest buyer-import annual change: +3.9%

## Competition landscape

- Top supplier: ARE
- Top supplier share: 36.3%
- Market concentration: 2,504
- Exporter share: 0.2%
- Share gap to peer benchmark: 36.2%

## Access profile

- Applied tariff: 51.9%
- MFN tariff: 53.2%
- Preferential tariff: 10.3%
- Approximate distance: 15,818 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $2.3K
- GDP per-person growth: +36.0%
- Population: 1,393,409k
- GDP: $3.2T
- GDP five-year CAGR: +6.6%
- Investment rate: 35.7%
- Savings rate: 30.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $9.0M | +0.0% |

## Broader route context

Broader ARG to India route exports provide route context only; they are not presented as HS 271112 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $149.4M | +0.0% |
| 1996 | $179.0M | +19.8% |
| 1997 | $184.7M | +3.2% |
| 1998 | $332.5M | +80.0% |
| 1999 | $424.0M | +27.5% |
| 2000 | $377.3M | -11.0% |
| 2001 | $434.3M | +15.1% |
| 2002 | $372.0M | -14.3% |
| 2003 | $537.7M | +44.5% |
| 2004 | $531.2M | -1.2% |
| 2005 | $667.1M | +25.6% |
| 2006 | $905.6M | +35.7% |
| 2007 | $768.2M | -15.2% |
| 2008 | $684.7M | -10.9% |
| 2009 | $602.6M | -12.0% |
| 2010 | $1.1B | +87.6% |
| 2011 | $988.2M | -12.6% |
| 2012 | $1.1B | +15.4% |
| 2013 | $1.1B | -6.1% |
| 2014 | $1.8B | +69.4% |
| 2015 | $2.0B | +10.6% |
| 2016 | $2.3B | +12.8% |
| 2017 | $2.2B | -4.8% |
| 2018 | $1.6B | -25.2% |
| 2019 | $2.1B | +27.3% |
| 2020 | $2.4B | +17.7% |
| 2021 | $3.9B | +61.5% |
| 2022 | $4.1B | +6.2% |
| 2023 | $2.6B | -38.2% |
| 2024 | $3.7B | +42.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| ARG to PAN | HS 270900 | New corridor | $13.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-pan-270900) |
| ARG to India | HS 271113 | New corridor | $5.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-ind-271113) |
| ARG to Russian Federation | HS 841191 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-rus-841191) |
| ARG to Germany | HS 870423 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-deu-870423) |
| ARG to Saudi Arabia | HS 711319 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-sau-711319) |
| ARG to KOR | HS 260700 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-kor-260700) |
| ARG to Japan | HS 950450 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-jpn-950450) |
| ARG to KOR | HS 282520 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-kor-282520) |

## 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.