# Azerbaijan to Portugal HS 870899 new corridor signal

This page reviews a reported new-corridor signal for vehicle parts and accessories: n.e.c. in heading no. 8708. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 43/100
- Reported period: 2024
- Buyer market imports: $1.3B
- Buyer market growth: +3.8%
- Current exporter share: 0.0%
- Share gap: 50.6%

## 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: $1.3B
- Three-year buyer-import projection: $1.4B
- Supplier countries observed: 93
- Average buyer imports: $938.1M
- Historical buyer-import peak: $1.3B
- Full-history buyer-import CAGR: +3.6%
- Latest buyer-import annual change: +3.8%

## Competition landscape

- Top supplier: Spain
- Top supplier share: 50.6%
- Market concentration: 3,036
- Exporter share: 0.0%
- Share gap to peer benchmark: 50.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 4,971 km
- Trade agreement: Not reported
- Business entry time: 6.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $24.3K
- GDP per-person growth: +3.6%
- Population: 10,299k
- GDP: $249.9B
- GDP five-year CAGR: Not reported
- Investment rate: 23.0%
- Savings rate: 19.3%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $137.9 | +0.0% |

## Broader route context

Broader Azerbaijan to Portugal route exports provide route context only; they are not presented as HS 870899 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $230.7K | +0.0% |
| 1996 | $198.6K | -13.9% |
| 1997 | $833.3K | +319.6% |
| 1998 | $233.8K | -71.9% |
| 2000 | $4.1M | +1646.7% |
| 2001 | $4.6K | -99.9% |
| 2002 | $4.1M | +89471.3% |
| 2003 | $14.4K | -99.6% |
| 2004 | $3.1M | +21356.7% |
| 2005 | $4.5M | +46.7% |
| 2006 | $36.7M | +707.8% |
| 2007 | $50.2M | +36.9% |
| 2008 | $146.6M | +191.9% |
| 2009 | $30.6M | -79.1% |
| 2010 | $271.2M | +786.5% |
| 2011 | $353.5M | +30.4% |
| 2012 | $434.4M | +22.9% |
| 2013 | $529.6M | +21.9% |
| 2014 | $557.5M | +5.3% |
| 2015 | $404.7M | -27.4% |
| 2016 | $405.7M | +0.3% |
| 2017 | $618.4M | +52.4% |
| 2018 | $708.4M | +14.6% |
| 2019 | $503.2M | -29.0% |
| 2020 | $236.3M | -53.0% |
| 2021 | $586.7M | +148.3% |
| 2022 | $772.9M | +31.7% |
| 2023 | $355.3M | -54.0% |
| 2024 | $657.9M | +85.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Azerbaijan to CHN | HS 847180 | New corridor | $15.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-chn-847180) |
| Azerbaijan to Germany | HS 870340 | New corridor | $4.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-deu-870340) |
| Azerbaijan to Germany | HS 293379 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-deu-293379) |
| Azerbaijan to CHN | HS 854290 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-chn-854290) |
| Azerbaijan to CHN | HS 999999 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-chn-999999) |
| Azerbaijan to PER | HS 271019 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-per-271019) |
| Azerbaijan to Germany | HS 901839 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-deu-901839) |
| Azerbaijan to Former Republic of Vietnam | HS 853690 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/aze-vnm-853690) |

## 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.