# BMU to Spain HS 420292 new corridor signal

This page reviews a reported new-corridor signal for cases and containers: n.e.c. in heading 4202, with outer surface of sheeting of plastics or of textile materials. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 35/100
- Reported period: 2024
- Buyer market imports: $557.3M
- Buyer market growth: +9.8%
- Current exporter share: 0.0%
- Share gap: 55.7%

## 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: $557.3M
- Three-year buyer-import projection: $696.0M
- Supplier countries observed: 116
- Average buyer imports: $254.8M
- Historical buyer-import peak: $557.3M
- Full-history buyer-import CAGR: +7.7%
- Latest buyer-import annual change: +9.8%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 55.7%
- Market concentration: 3,286
- Exporter share: 0.0%
- Share gap to peer benchmark: 55.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 5,440 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 0.3

## 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 | $56.8 | +0.0% |

## Broader route context

Broader BMU to Spain route exports provide route context only; they are not presented as HS 420292 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $21.8M | +0.0% |
| 1996 | $43.9M | +101.4% |
| 1997 | $29.5M | -32.7% |
| 1998 | $11.8M | -60.1% |
| 1999 | $6.0M | -49.2% |
| 2000 | $8.0M | +33.4% |
| 2001 | $42.1M | +426.6% |
| 2002 | $14.2M | -66.3% |
| 2003 | $21.0M | +47.8% |
| 2004 | $36.2M | +72.8% |
| 2005 | $225.5M | +522.7% |
| 2006 | $273.7M | +21.4% |
| 2007 | $36.5K | -100.0% |
| 2008 | $8.2M | +22262.6% |
| 2009 | $202.3K | -97.5% |
| 2010 | $527.6M | +260714.3% |
| 2011 | $328.2M | -37.8% |
| 2012 | $14.8M | -95.5% |
| 2013 | $34.9K | -99.8% |
| 2014 | $610.2K | +1649.2% |
| 2015 | $779.2K | +27.7% |
| 2016 | $573.9K | -26.3% |
| 2017 | $48.7K | -91.5% |
| 2018 | $641.3K | +1217.5% |
| 2019 | $19.3M | +2906.2% |
| 2020 | $6.6K | -100.0% |
| 2021 | $129.1K | +1857.5% |
| 2022 | $690.3K | +434.9% |
| 2023 | $370.3K | -46.4% |
| 2024 | $3.3M | +796.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BMU to USA, Puerto Rico and US Virgin Islands | HS 870324 | New corridor | $31.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-usa-870324) |
| BMU to ARE | HS 851712 | New corridor | $27.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-are-851712) |
| BMU to Thailand | HS 854239 | New corridor | $11.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-tha-854239) |
| BMU to USA, Puerto Rico and US Virgin Islands | HS 841112 | New corridor | $9.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-usa-841112) |
| BMU to Germany | HS 850440 | New corridor | $8.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-deu-850440) |
| BMU to Germany | HS 854231 | New corridor | $7.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-deu-854231) |
| BMU to Germany | HS 854239 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-deu-854239) |
| BMU to Germany | HS 293499 | New corridor | $5.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bmu-deu-293499) |

## 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.