# BHS to Thailand HS 890590 new corridor signal

This page reviews a reported new-corridor signal for vessels: light, fire-floats, floating cranes and other vessels, the navigability of which is subsidiary to their main function, floating docks. 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: $633.4M
- Buyer market growth: +81.7%
- Current exporter share: 13.6%
- Share gap: 33.3%

## 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: $633.4M
- Three-year buyer-import projection: $900.0M
- Supplier countries observed: 16
- Average buyer imports: $136.0M
- Historical buyer-import peak: $633.4M
- Full-history buyer-import CAGR: +12.4%
- Latest buyer-import annual change: +81.7%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 46.9%
- Market concentration: 2,713
- Exporter share: 13.6%
- Share gap to peer benchmark: 33.3%

## Access profile

- Applied tariff: 30.6%
- MFN tariff: 30.6%
- Preferential tariff: 0.0%
- Approximate distance: 15,707 km
- Trade agreement: Not reported
- Business entry time: 6 days
- Shared spoken language score: 0.1

## Buyer economy

- GDP per person: $7.2K
- GDP per-person growth: +16.9%
- Population: 69,951k
- GDP: $506.0B
- GDP five-year CAGR: -0.7%
- Investment rate: 25.5%
- Savings rate: 30.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $86.1M | +0.0% |

## Broader route context

Broader BHS to Thailand route exports provide route context only; they are not presented as HS 890590 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $756.5K | +0.0% |
| 1996 | $222.9K | -70.5% |
| 1997 | $163.5K | -26.6% |
| 1998 | $18.2K | -88.9% |
| 1999 | $37.5K | +105.8% |
| 2000 | $25.6K | -31.6% |
| 2001 | $50.4K | +96.5% |
| 2002 | $10.2K | -79.8% |
| 2003 | $1.3M | +13005.5% |
| 2004 | $318.7K | -76.1% |
| 2005 | $233.9K | -26.6% |
| 2006 | $111.1K | -52.5% |
| 2007 | $587.8K | +429.2% |
| 2008 | $4.0M | +573.2% |
| 2009 | $1.1M | -72.9% |
| 2010 | $3.3M | +204.1% |
| 2011 | $4.7M | +43.8% |
| 2012 | $6.8M | +44.4% |
| 2013 | $3.8M | -44.3% |
| 2014 | $41.4M | +998.1% |
| 2015 | $927.9K | -97.8% |
| 2016 | $330.1K | -64.4% |
| 2017 | $1.5M | +362.3% |
| 2018 | $2.6M | +70.3% |
| 2019 | $25.4M | +876.1% |
| 2020 | $7.6M | -70.2% |
| 2021 | $97.1M | +1184.0% |
| 2022 | $189.1M | +94.8% |
| 2023 | $87.9M | -53.5% |
| 2024 | $166.3M | +89.1% |

## 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 Spain | HS 870899 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bhs-esp-870899) |
| 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) |

## 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.