# CMR to SGP HS 392640 new corridor signal

This page reviews a reported new-corridor signal for plastics: statuettes and other ornamental articles. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 55/100
- Reported period: 2024
- Buyer market imports: $253.4M
- Buyer market growth: +3.0%
- Current exporter share: 0.0%
- Share gap: 98.6%

## 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: $253.4M
- Three-year buyer-import projection: $386.6M
- Supplier countries observed: 63
- Average buyer imports: $59.6M
- Historical buyer-import peak: $269.4M
- Full-history buyer-import CAGR: +15.1%
- Latest buyer-import annual change: +3.0%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 98.6%
- Market concentration: 9,718
- Exporter share: 0.0%
- Share gap to peer benchmark: 98.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 10,266 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0.3

## Buyer economy

- GDP per person: $72.8K
- GDP per-person growth: +7.7%
- Population: 5,454k
- GDP: $397.0B
- GDP five-year CAGR: Not reported
- Investment rate: 27.3%
- Savings rate: 50.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $538.2 | +0.0% |

## Broader route context

Broader CMR to SGP route exports provide route context only; they are not presented as HS 392640 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $6.3M | +0.0% |
| 1996 | $7.7M | +22.0% |
| 1997 | $638.2K | -91.7% |
| 1998 | $3.4M | +434.8% |
| 1999 | $259.0K | -92.4% |
| 2000 | $432.9K | +67.2% |
| 2001 | $1.2M | +172.9% |
| 2002 | $491.2K | -58.4% |
| 2003 | $421.1K | -14.3% |
| 2004 | $22.9M | +5332.1% |
| 2005 | $440.9K | -98.1% |
| 2006 | $702.7K | +59.4% |
| 2007 | $2.9M | +319.1% |
| 2008 | $3.4M | +16.2% |
| 2009 | $1.3M | -62.8% |
| 2010 | $1.6M | +26.1% |
| 2011 | $1.3M | -21.2% |
| 2012 | $2.5M | +94.8% |
| 2013 | $7.2M | +191.8% |
| 2014 | $34.7M | +383.0% |
| 2015 | $21.0M | -39.5% |
| 2016 | $7.6M | -63.7% |
| 2017 | $5.0M | -35.1% |
| 2018 | $16.4M | +230.4% |
| 2019 | $26.1M | +59.7% |
| 2020 | $19.6M | -25.0% |
| 2021 | $21.0M | +7.1% |
| 2022 | $17.0M | -19.2% |
| 2023 | $2.1M | -87.8% |
| 2024 | $6.7M | +223.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| CMR to USA, Puerto Rico and US Virgin Islands | HS 300215 | New corridor | $67.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-usa-300215) |
| CMR to Japan | HS 271111 | New corridor | $36.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-jpn-271111) |
| CMR to USA, Puerto Rico and US Virgin Islands | HS 710691 | New corridor | $5.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-usa-710691) |
| CMR to Pakistan | HS 271019 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-pak-271019) |
| CMR to CHN | HS 420221 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-chn-420221) |
| CMR to Switzerland | HS 870340 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-che-870340) |
| CMR to Japan | HS 853710 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-jpn-853710) |
| CMR to Romania | HS 851712 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cmr-rou-851712) |

## 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.