# CHN to CHN HS 151329 new corridor signal

This page reviews a reported new-corridor signal for vegetable oils: palm kernel or babassu oil and their fractions, other than crude, whether or not refined, but not chemically modified. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 32/100
- Reported period: 2024
- Buyer market imports: $685.5M
- Buyer market growth: +15.7%
- Current exporter share: 0.0%
- Share gap: 72.4%

## 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: $685.5M
- Three-year buyer-import projection: $1.2B
- Supplier countries observed: 19
- Average buyer imports: $240.5M
- Historical buyer-import peak: $720.1M
- Full-history buyer-import CAGR: +21.8%
- Latest buyer-import annual change: +15.7%

## Competition landscape

- Top supplier: Indonesia + Timor-Leste
- Top supplier share: 72.4%
- Market concentration: 5,847
- Exporter share: 0.0%
- Share gap to peer benchmark: 72.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 1,164 km
- Trade agreement: Not reported
- Business entry time: 8.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $12.6K
- GDP per-person growth: +30.3%
- Population: 1,412,360k
- GDP: $17.7T
- GDP five-year CAGR: Not reported
- Investment rate: 44.5%
- Savings rate: 45.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $40.2 | +0.0% |

## Broader route context

Broader CHN to CHN route exports provide route context only; they are not presented as HS 151329 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 2000 | $4.4B | +0.0% |
| 2001 | $5.8B | +30.6% |
| 2002 | $10.3B | +78.2% |
| 2003 | $17.2B | +68.0% |
| 2004 | $26.1B | +51.7% |
| 2005 | $36.0B | +37.6% |
| 2006 | $46.9B | +30.5% |
| 2007 | $55.9B | +19.0% |
| 2008 | $62.3B | +11.5% |
| 2009 | $60.6B | -2.7% |
| 2010 | $77.0B | +27.1% |
| 2011 | $86.9B | +12.8% |
| 2012 | $98.8B | +13.7% |
| 2013 | $108.2B | +9.5% |
| 2014 | $103.2B | -4.6% |
| 2015 | $101.9B | -1.3% |
| 2016 | $95.2B | -6.5% |
| 2017 | $101.8B | +7.0% |
| 2018 | $110.0B | +8.0% |
| 2019 | $99.7B | -9.4% |
| 2020 | $96.0B | -3.7% |
| 2021 | $115.6B | +20.4% |
| 2022 | $89.4B | -22.7% |
| 2023 | $77.4B | -13.4% |
| 2024 | $87.5B | +13.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| CHN to CHN | HS 270210 | New corridor | $9.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-chn-270210) |
| CHN to CHN | HS 261610 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-chn-261610) |
| CHN to Malaysia | HS 271111 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-mys-271111) |
| CHN to GBR | HS 999999 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-gbr-999999) |
| CHN to USA, Puerto Rico and US Virgin Islands | HS 030214 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-usa-030214) |
| CHN to GBR | HS 020130 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-gbr-020130) |
| CHN to Spain | HS 284420 | New corridor | $875.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-esp-284420) |
| CHN to Russian Federation | HS 999999 | New corridor | $874.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/chn-rus-999999) |

## 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.