# Canada to GBR HS 890120 new corridor signal

This page reviews a reported new-corridor signal for tankers. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 89/100
- Reported period: 2024
- Buyer market imports: $59.3M
- Buyer market growth: +345.8%
- Current exporter share: 0.0%
- Share gap: 58.7%

## 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: $59.3M
- Three-year buyer-import projection: $55.8M
- Supplier countries observed: 8
- Average buyer imports: $319.1M
- Historical buyer-import peak: $958.4M
- Full-history buyer-import CAGR: -2.0%
- Latest buyer-import annual change: +345.8%

## Competition landscape

- Top supplier: KOR
- Top supplier share: 58.8%
- Market concentration: 4,126
- Exporter share: 0.0%
- Share gap to peer benchmark: 58.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 5,716 km
- Trade agreement: Reported yes
- Business entry time: 4.5 days
- Shared spoken language score: 0.9

## Buyer economy

- GDP per person: $47.3K
- GDP per-person growth: +7.5%
- Population: 67,327k
- GDP: $3.2T
- GDP five-year CAGR: Not reported
- Investment rate: 17.9%
- Savings rate: 15.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $27.4K | +0.0% |

## Broader route context

Broader Canada to GBR route exports provide route context only; they are not presented as HS 890120 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $3.1B | +0.0% |
| 1996 | $4.8B | +53.8% |
| 1997 | $3.2B | -33.5% |
| 1998 | $3.4B | +7.9% |
| 1999 | $5.1B | +49.1% |
| 2000 | $4.9B | -4.4% |
| 2001 | $4.4B | -10.2% |
| 2002 | $3.9B | -10.7% |
| 2003 | $5.2B | +33.1% |
| 2004 | $7.0B | +33.5% |
| 2005 | $7.6B | +8.4% |
| 2006 | $9.8B | +29.6% |
| 2007 | $12.5B | +27.4% |
| 2008 | $13.2B | +5.8% |
| 2009 | $11.4B | -14.1% |
| 2010 | $17.0B | +49.5% |
| 2011 | $19.2B | +12.8% |
| 2012 | $18.5B | -3.5% |
| 2013 | $14.0B | -24.6% |
| 2014 | $13.8B | -1.0% |
| 2015 | $12.2B | -11.9% |
| 2016 | $12.8B | +5.2% |
| 2017 | $13.9B | +8.4% |
| 2018 | $12.9B | -7.2% |
| 2019 | $15.1B | +17.5% |
| 2020 | $14.6B | -3.3% |
| 2021 | $13.4B | -8.4% |
| 2022 | $16.8B | +25.7% |
| 2023 | $12.6B | -25.5% |
| 2024 | $22.2B | +76.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Canada to Japan | HS 271111 | New corridor | $36.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-jpn-271111) |
| Canada to Slovakia | HS 270900 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-svk-270900) |
| Canada to TUR | HS 870380 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-tur-870380) |
| Canada to Belgium | HS 290121 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-bel-290121) |
| Canada to BRA | HS 870380 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-bra-870380) |
| Canada to Indonesia + Timor-Leste | HS 180100 | New corridor | $1.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-idn-180100) |
| Canada to Finland | HS 870380 | New corridor | $1.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-fin-870380) |
| Canada to Japan | HS 271113 | New corridor | $903.7M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/can-jpn-271113) |

## 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.