# BWA to India HS 843149 new corridor signal

This page reviews a reported new-corridor signal for machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 80/100
- Reported period: 2024
- Buyer market imports: $859.5M
- Buyer market growth: +13.4%
- Current exporter share: 0.0%
- Share gap: 56.3%

## 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: $859.5M
- Three-year buyer-import projection: $1.1B
- Supplier countries observed: 77
- Average buyer imports: $372.5M
- Historical buyer-import peak: $859.5M
- Full-history buyer-import CAGR: +9.1%
- Latest buyer-import annual change: +13.4%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 56.3%
- Market concentration: 3,474
- Exporter share: 0.0%
- Share gap to peer benchmark: 56.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 8,088 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $2.3K
- GDP per-person growth: +36.0%
- Population: 1,393,409k
- GDP: $3.2T
- GDP five-year CAGR: Not reported
- Investment rate: 35.7%
- Savings rate: 30.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $9.6K | +0.0% |

## Broader route context

Broader BWA to India route exports provide route context only; they are not presented as HS 843149 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 2000 | $147.3K | +0.0% |
| 2001 | $104.0K | -29.4% |
| 2002 | $110.8K | +6.6% |
| 2003 | $89.9K | -18.9% |
| 2004 | $160.9K | +79.0% |
| 2005 | $450.1K | +179.8% |
| 2006 | $180.1K | -60.0% |
| 2007 | $202.4K | +12.3% |
| 2008 | $20.6M | +10053.8% |
| 2009 | $5.0M | -75.7% |
| 2010 | $31.4M | +528.5% |
| 2011 | $57.6M | +83.7% |
| 2012 | $68.0M | +18.0% |
| 2013 | $201.8M | +196.8% |
| 2014 | $1.1B | +459.6% |
| 2015 | $715.5M | -36.6% |
| 2016 | $1.1B | +49.1% |
| 2017 | $1.4B | +34.5% |
| 2018 | $1.1B | -22.3% |
| 2019 | $845.3M | -24.2% |
| 2020 | $547.5M | -35.2% |
| 2021 | $756.2M | +38.1% |
| 2022 | $697.0M | -7.8% |
| 2023 | $954.1M | +36.9% |
| 2024 | $834.9M | -12.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| BWA to USA, Puerto Rico and US Virgin Islands | HS 842139 | New corridor | $6.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-usa-842139) |
| BWA to USA, Puerto Rico and US Virgin Islands | HS 940171 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-usa-940171) |
| BWA to Czech Republic | HS 853710 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-cze-853710) |
| BWA to KOR | HS 760200 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-kor-760200) |
| BWA to Poland | HS 870830 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-pol-870830) |
| BWA to France | HS 844399 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-fra-844399) |
| BWA to CHN | HS 840999 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-chn-840999) |
| BWA to Portugal | HS 870899 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/bwa-prt-870899) |

## 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.