# BTN to South Africa HS 710231 new corridor signal

This page reviews a reported new-corridor signal for diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set. 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: $478.5M
- Buyer market growth: -2.6%
- Current exporter share: 0.1%
- Share gap: 54.5%

## 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: $478.5M
- Three-year buyer-import projection: $485.7M
- Supplier countries observed: 17
- Average buyer imports: $660.2M
- Historical buyer-import peak: $1.3B
- Full-history buyer-import CAGR: +0.5%
- Latest buyer-import annual change: -2.6%

## Competition landscape

- Top supplier: ARE
- Top supplier share: 54.6%
- Market concentration: 3,639
- Exporter share: 0.1%
- Share gap to peer benchmark: 54.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 10,157 km
- Trade agreement: Not reported
- Business entry time: 40 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $7.0K
- GDP per-person growth: -2.8%
- Population: 60,042k
- GDP: $419.9B
- GDP five-year CAGR: Not reported
- Investment rate: 19.8%
- Savings rate: 19.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $343.9K | +0.0% |

## Broader route context

Broader BTN to South Africa route exports provide route context only; they are not presented as HS 710231 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 2000 | $6.2K | +0.0% |
| 2001 | $139.4 | -97.8% |
| 2002 | $190.0 | +36.3% |
| 2003 | $253.1 | +33.3% |
| 2004 | $17.6K | +6869.2% |
| 2005 | $1.4K | -92.1% |
| 2006 | $14.2K | +920.0% |
| 2007 | $129.7K | +812.8% |
| 2008 | $12.4K | -90.4% |
| 2009 | $127.8K | +931.2% |
| 2010 | $615.6 | -99.5% |
| 2011 | $25.4K | +4027.4% |
| 2012 | $432.2 | -98.3% |
| 2013 | $12.6K | +2815.2% |
| 2014 | $9.1K | -27.7% |
| 2015 | $3.1K | -66.1% |
| 2016 | $6.3K | +105.7% |
| 2017 | $133.9K | +2010.5% |
| 2018 | $487.1K | +263.7% |
| 2019 | $455.7K | -6.4% |
| 2020 | $695.8 | -99.8% |
| 2021 | $4.4K | +532.8% |
| 2022 | $1.2K | -72.4% |
| 2023 | $16.4K | +1254.4% |
| 2024 | $564.3K | +3331.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BTN to CHN | HS 854140 | New corridor | $6.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-chn-854140) |
| BTN to AUS | HS 300490 | New corridor | $4.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-aus-300490) |
| BTN to Germany | HS 901890 | New corridor | $4.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-deu-901890) |
| BTN to Sweden | HS 271019 | New corridor | $4.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-swe-271019) |
| BTN to USA, Puerto Rico and US Virgin Islands | HS 940390 | New corridor | $3.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-usa-940390) |
| BTN to Germany | HS 950300 | New corridor | $3.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-deu-950300) |
| BTN to Germany | HS 620342 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-deu-620342) |
| BTN to CHN | HS 903289 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/btn-chn-903289) |

## 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.