# CHN to Spain HS 151211 new corridor signal

This page reviews a reported new-corridor signal for vegetable oils: sunflower seed or safflower oil and their fractions, crude, 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: $833.0M
- Buyer market growth: +19.8%
- Current exporter share: 0.0%
- Share gap: 76.6%

## 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: $833.0M
- Three-year buyer-import projection: $1.1B
- Supplier countries observed: 27
- Average buyer imports: $283.0M
- Historical buyer-import peak: $1.0B
- Full-history buyer-import CAGR: +10.7%
- Latest buyer-import annual change: +19.8%

## Competition landscape

- Top supplier: Ukraine
- Top supplier share: 76.6%
- Market concentration: 5,991
- Exporter share: 0.0%
- Share gap to peer benchmark: 76.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,232 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: Not reported
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $37.4 | +0.0% |

## Broader route context

Broader CHN to Spain route exports provide route context only; they are not presented as HS 151211 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $1.8B | +0.0% |
| 1996 | $1.9B | +4.3% |
| 1997 | $2.3B | +20.1% |
| 1998 | $2.6B | +15.1% |
| 1999 | $3.1B | +19.7% |
| 2000 | $3.5B | +12.0% |
| 2001 | $3.7B | +6.6% |
| 2002 | $4.4B | +16.5% |
| 2003 | $6.2B | +42.1% |
| 2004 | $8.5B | +37.4% |
| 2005 | $12.0B | +40.9% |
| 2006 | $15.2B | +26.3% |
| 2007 | $21.2B | +39.7% |
| 2008 | $25.6B | +20.9% |
| 2009 | $17.4B | -32.1% |
| 2010 | $21.7B | +25.0% |
| 2011 | $23.0B | +5.7% |
| 2012 | $20.6B | -10.5% |
| 2013 | $21.0B | +1.9% |
| 2014 | $23.9B | +13.8% |
| 2015 | $23.8B | -0.2% |
| 2016 | $23.4B | -1.7% |
| 2017 | $25.3B | +8.2% |
| 2018 | $27.5B | +8.6% |
| 2019 | $28.7B | +4.3% |
| 2020 | $29.6B | +3.3% |
| 2021 | $37.3B | +25.9% |
| 2022 | $45.3B | +21.5% |
| 2023 | $42.3B | -6.6% |
| 2024 | $42.4B | +0.1% |

## 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.