# BGR to SVN HS 870380 new corridor signal

This page reviews a reported new-corridor signal for vehicles: with only electric motor for propulsion. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 63/100
- Reported period: 2024
- Buyer market imports: $1.2B
- Buyer market growth: +13.3%
- Current exporter share: 0.0%
- Share gap: 58.1%

## 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: $1.2B
- Three-year buyer-import projection: $2.3B
- Supplier countries observed: 30
- Average buyer imports: $133.8M
- Historical buyer-import peak: $1.3B
- Full-history buyer-import CAGR: +36.2%
- Latest buyer-import annual change: +13.3%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 58.1%
- Market concentration: 4,726
- Exporter share: 0.0%
- Share gap to peer benchmark: 58.1%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 795 km
- Trade agreement: Reported yes
- Business entry time: 8 days
- Shared spoken language score: 0.2

## Buyer economy

- GDP per person: $29.2K
- GDP per-person growth: +2.7%
- Population: 2,107k
- GDP: $61.5B
- GDP five-year CAGR: Not reported
- Investment rate: 25.4%
- Savings rate: 27.0%

## Product-level history

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

## Broader route context

Broader BGR to SVN route exports provide route context only; they are not presented as HS 870380 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $24.0M | +0.0% |
| 1996 | $4.1M | -82.9% |
| 1997 | $13.9M | +238.1% |
| 1998 | $36.9M | +165.0% |
| 1999 | $44.3M | +20.3% |
| 2000 | $37.8M | -14.9% |
| 2001 | $27.6M | -26.9% |
| 2002 | $30.7M | +11.3% |
| 2003 | $40.6M | +32.1% |
| 2004 | $32.7M | -19.5% |
| 2005 | $61.9M | +89.6% |
| 2006 | $117.1M | +89.0% |
| 2007 | $273.8M | +133.9% |
| 2008 | $187.1M | -31.7% |
| 2009 | $77.1M | -58.8% |
| 2010 | $160.2M | +107.8% |
| 2011 | $158.7M | -0.9% |
| 2012 | $235.9M | +48.6% |
| 2013 | $150.7M | -36.1% |
| 2014 | $136.1M | -9.6% |
| 2015 | $154.4M | +13.4% |
| 2016 | $168.2M | +8.9% |
| 2017 | $190.1M | +13.0% |
| 2018 | $201.8M | +6.2% |
| 2019 | $225.3M | +11.6% |
| 2020 | $179.8M | -20.2% |
| 2021 | $213.0M | +18.5% |
| 2022 | $379.2M | +78.0% |
| 2023 | $261.8M | -31.0% |
| 2024 | $247.5M | -5.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BGR to India | HS 880240 | New corridor | $10.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-ind-880240) |
| BGR to NLD | HS 271111 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-nld-271111) |
| BGR to CHN | HS 750120 | New corridor | $4.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-chn-750120) |
| BGR to BRA | HS 300215 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-bra-300215) |
| BGR to CHN | HS 440122 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-chn-440122) |
| BGR to Austria | HS 271020 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-aut-271020) |
| BGR to Democratic Republic of the Congo | HS 271019 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-cod-271019) |
| BGR to KOR | HS 880240 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bgr-kor-880240) |

## 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.