# ARG to Japan HS 151190 new corridor signal

This page reviews a reported new-corridor signal for vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified. 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: $593.6M
- Buyer market growth: -3.9%
- Current exporter share: 0.2%
- Share gap: 84.9%

## 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: $593.6M
- Three-year buyer-import projection: $660.8M
- Supplier countries observed: 13
- Average buyer imports: $370.6M
- Historical buyer-import peak: $794.7M
- Full-history buyer-import CAGR: +3.6%
- Latest buyer-import annual change: -3.9%

## Competition landscape

- Top supplier: Malaysia
- Top supplier share: 85.2%
- Market concentration: 7,455
- Exporter share: 0.2%
- Share gap to peer benchmark: 84.9%

## Access profile

- Applied tariff: 2.0%
- MFN tariff: 4.1%
- Preferential tariff: 1.7%
- Approximate distance: 18,372 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: -4.7%
- Investment rate: 24.8%
- Savings rate: 24.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.4M | +0.0% |

## Broader route context

Broader ARG to Japan route exports provide route context only; they are not presented as HS 151190 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $403.8M | +0.0% |
| 1996 | $478.7M | +18.6% |
| 1997 | $504.5M | +5.4% |
| 1998 | $647.8M | +28.4% |
| 1999 | $522.4M | -19.4% |
| 2000 | $401.2M | -23.2% |
| 2001 | $366.7M | -8.6% |
| 2002 | $411.6M | +12.2% |
| 2003 | $383.1M | -6.9% |
| 2004 | $415.0M | +8.3% |
| 2005 | $293.9M | -29.2% |
| 2006 | $429.1M | +46.0% |
| 2007 | $697.9M | +62.7% |
| 2008 | $581.2M | -16.7% |
| 2009 | $536.8M | -7.6% |
| 2010 | $883.9M | +64.7% |
| 2011 | $950.1M | +7.5% |
| 2012 | $1.2B | +23.0% |
| 2013 | $1.6B | +36.1% |
| 2014 | $805.1M | -49.4% |
| 2015 | $657.3M | -18.4% |
| 2016 | $678.2M | +3.2% |
| 2017 | $653.6M | -3.6% |
| 2018 | $567.1M | -13.2% |
| 2019 | $498.8M | -12.1% |
| 2020 | $404.8M | -18.9% |
| 2021 | $810.4M | +100.2% |
| 2022 | $947.1M | +16.9% |
| 2023 | $717.9M | -24.2% |
| 2024 | $396.3M | -44.8% |

## 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 271112 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/arg-ind-271112) |
| 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) |

## 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.