# Barbados to Greece HS 720449 new corridor signal

This page reviews a reported new-corridor signal for ferrous waste and scrap: n.e.s. in heading no. 7204. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 45/100
- Reported period: 2024
- Buyer market imports: $233.5M
- Buyer market growth: +18.6%
- Current exporter share: 0.0%
- Share gap: 27.7%

## 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: $233.5M
- Three-year buyer-import projection: $270.0M
- Supplier countries observed: 26
- Average buyer imports: $189.4M
- Historical buyer-import peak: $555.5M
- Full-history buyer-import CAGR: +5.0%
- Latest buyer-import annual change: +18.6%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 27.7%
- Market concentration: 1,322
- Exporter share: 0.0%
- Share gap to peer benchmark: 27.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 8,547 km
- Trade agreement: Reported yes
- Business entry time: 4 days
- Shared spoken language score: 0.5

## Buyer economy

- GDP per person: $20.3K
- GDP per-person growth: -13.5%
- Population: 10,665k
- GDP: $216.2B
- GDP five-year CAGR: Not reported
- Investment rate: 20.7%
- Savings rate: 14.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $177.3 | +0.0% |

## Broader route context

Broader Barbados to Greece route exports provide route context only; they are not presented as HS 720449 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $6.6K | +0.0% |
| 1996 | $7.7K | +17.4% |
| 1997 | $15.3K | +98.4% |
| 1998 | $27.9 | -99.8% |
| 1999 | $8.2K | +29192.3% |
| 2000 | $1.3K | -84.2% |
| 2001 | $12.6K | +871.7% |
| 2002 | $71.8K | +470.9% |
| 2003 | $199.2K | +177.5% |
| 2004 | $326.9K | +64.1% |
| 2005 | $239.9K | -26.6% |
| 2006 | $763.4K | +218.2% |
| 2007 | $910.2K | +19.2% |
| 2008 | $1.1M | +22.1% |
| 2009 | $543.1K | -51.1% |
| 2010 | $258.4K | -52.4% |
| 2011 | $64.6K | -75.0% |
| 2012 | $43.4K | -32.9% |
| 2013 | $1.4M | +3193.4% |
| 2014 | $67.8K | -95.3% |
| 2015 | $2.8K | -95.8% |
| 2016 | $38.3K | +1259.9% |
| 2017 | $18.0K | -53.1% |
| 2018 | $21.6K | +20.3% |
| 2019 | $8.5K | -60.7% |
| 2020 | $41.0K | +383.3% |
| 2021 | $21.7K | -47.0% |
| 2022 | $2.1K | -90.3% |
| 2023 | $2.5M | +115943.2% |
| 2024 | $218.5K | -91.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Barbados to Germany | HS 841191 | New corridor | $7.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-deu-841191) |
| Barbados to Spain | HS 870899 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-esp-870899) |
| Barbados to Slovakia | HS 851712 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-svk-851712) |
| Barbados to Germany | HS 120510 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-deu-120510) |
| Barbados to NLD | HS 844399 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-nld-844399) |
| Barbados to Germany | HS 852852 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-deu-852852) |
| Barbados to Spain | HS 850760 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-esp-850760) |
| Barbados to Germany | HS 120190 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/brb-deu-120190) |

## 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.