# BHS to Spain 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: 59/100
- Reported period: 2024
- Buyer market imports: $3.7B
- Buyer market growth: -7.2%
- Current exporter share: 0.0%
- Share gap: 26.3%

## 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: $3.7B
- Three-year buyer-import projection: $3.8B
- Supplier countries observed: 112
- Average buyer imports: $5.3B
- Historical buyer-import peak: $8.7B
- Full-history buyer-import CAGR: +1.2%
- Latest buyer-import annual change: -7.2%

## Competition landscape

- Top supplier: France
- Top supplier share: 26.3%
- Market concentration: 1,361
- Exporter share: 0.0%
- Share gap to peer benchmark: 26.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,901 km
- Trade agreement: Reported yes
- Business entry time: 12.5 days
- Shared spoken language score: 0.2

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: Not reported
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $893.7 | +0.0% |

## Broader route context

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

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $90.8M | +0.0% |
| 1996 | $36.4M | -59.9% |
| 1997 | $39.0M | +7.1% |
| 1998 | $19.6M | -49.7% |
| 1999 | $63.1M | +221.5% |
| 2000 | $54.4M | -13.7% |
| 2001 | $85.7M | +57.4% |
| 2002 | $116.8M | +36.3% |
| 2003 | $157.5M | +34.8% |
| 2004 | $171.8M | +9.1% |
| 2005 | $692.7M | +303.1% |
| 2006 | $435.2M | -37.2% |
| 2007 | $51.9M | -88.1% |
| 2008 | $72.5M | +39.7% |
| 2009 | $1.9M | -97.4% |
| 2010 | $718.6K | -62.3% |
| 2011 | $11.8M | +1544.5% |
| 2012 | $14.3M | +21.1% |
| 2013 | $1.1M | -92.3% |
| 2014 | $799.5K | -27.6% |
| 2015 | $1.5M | +92.9% |
| 2016 | $5.1M | +229.7% |
| 2017 | $7.1M | +39.8% |
| 2018 | $1.6M | -77.1% |
| 2019 | $1.6M | +0.5% |
| 2020 | $828.1K | -49.3% |
| 2021 | $4.3M | +421.7% |
| 2022 | $233.3K | -94.6% |
| 2023 | $260.7K | +11.7% |
| 2024 | $23.6M | +8947.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BHS to ARE | HS 841191 | New corridor | $12.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-are-841191) |
| BHS to CHN | HS 210690 | New corridor | $5.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-chn-210690) |
| BHS to Germany | HS 841112 | New corridor | $4.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-deu-841112) |
| BHS to AUS | HS 851762 | New corridor | $3.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-aus-851762) |
| BHS to India | HS 851762 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-ind-851762) |
| BHS to ARE | HS 841112 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-are-841112) |
| BHS to GBR | HS 850760 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-gbr-850760) |
| BHS to Italy | HS 710813 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-ita-710813) |

## 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.