# BLR to Norway HS 150420 new corridor signal

This page reviews a reported new-corridor signal for fats and oils and their fractions: of fish, (excluding liver-oils). 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: $921.5M
- Buyer market growth: +17.5%
- Current exporter share: 0.1%
- Share gap: 33.4%

## 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: $921.5M
- Three-year buyer-import projection: $1.2B
- Supplier countries observed: 41
- Average buyer imports: $258.4M
- Historical buyer-import peak: $921.5M
- Full-history buyer-import CAGR: +10.0%
- Latest buyer-import annual change: +17.5%

## Competition landscape

- Top supplier: Denmark
- Top supplier share: 33.5%
- Market concentration: 1,592
- Exporter share: 0.1%
- Share gap to peer benchmark: 33.4%

## Access profile

- Applied tariff: 2.6%
- MFN tariff: 2.0%
- Preferential tariff: 39.0%
- Approximate distance: 1,217 km
- Trade agreement: Not reported
- Business entry time: 4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $89.2K
- GDP per-person growth: +6.7%
- Population: 5,408k
- GDP: $482.4B
- GDP five-year CAGR: +3.4%
- Investment rate: 24.5%
- Savings rate: 34.3%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.0M | +0.0% |

## Broader route context

Broader BLR to Norway route exports provide route context only; they are not presented as HS 150420 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $13.4M | +0.0% |
| 1996 | $11.0M | -18.2% |
| 1997 | $12.0M | +9.3% |
| 1998 | $10.7M | -10.3% |
| 1999 | $10.3M | -3.8% |
| 2000 | $11.5M | +11.7% |
| 2001 | $13.9M | +20.4% |
| 2002 | $16.8M | +20.5% |
| 2003 | $17.8M | +5.9% |
| 2004 | $24.3M | +37.0% |
| 2005 | $36.5M | +50.1% |
| 2006 | $50.6M | +38.6% |
| 2007 | $64.3M | +27.1% |
| 2008 | $161.0M | +150.5% |
| 2009 | $125.4M | -22.1% |
| 2010 | $132.6M | +5.7% |
| 2011 | $153.0M | +15.4% |
| 2012 | $613.3M | +300.8% |
| 2013 | $160.8M | -73.8% |
| 2014 | $136.1M | -15.4% |
| 2015 | $131.7M | -3.2% |
| 2016 | $105.0M | -20.2% |
| 2017 | $201.6M | +91.9% |
| 2018 | $192.6M | -4.5% |
| 2019 | $230.1M | +19.5% |
| 2020 | $180.1M | -21.8% |
| 2021 | $272.5M | +51.3% |
| 2022 | $272.1M | -0.1% |
| 2023 | $166.9M | -38.7% |
| 2024 | $245.7M | +47.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BLR to CHN | HS 271112 | New corridor | $12.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-chn-271112) |
| BLR to Canada | HS 841191 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-can-841191) |
| BLR to BGR | HS 270900 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-bgr-270900) |
| BLR to India | HS 850760 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-ind-850760) |
| BLR to Germany | HS 180400 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-deu-180400) |
| BLR to Germany | HS 180100 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-deu-180100) |
| BLR to China, Hong Kong SAR | HS 880330 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-hkg-880330) |
| BLR to India | HS 071310 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/blr-ind-071310) |

## 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.