# Colombia to Morocco HS 150710 new corridor signal

This page reviews a reported new-corridor signal for vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 97/100
- Reported period: 2024
- Buyer market imports: $603.8M
- Buyer market growth: +11.4%
- Current exporter share: 0.0%
- Share gap: 44.0%

## 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: $603.8M
- Three-year buyer-import projection: $762.1M
- Supplier countries observed: 12
- Average buyer imports: $299.0M
- Historical buyer-import peak: $757.4M
- Full-history buyer-import CAGR: +8.1%
- Latest buyer-import annual change: +11.4%

## Competition landscape

- Top supplier: Spain
- Top supplier share: 44.0%
- Market concentration: 2,821
- Exporter share: 0.0%
- Share gap to peer benchmark: 44.0%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,725 km
- Trade agreement: Not reported
- Business entry time: 9 days
- Shared spoken language score: 0.2

## Buyer economy

- GDP per person: $3.6K
- GDP per-person growth: +15.8%
- Population: 37,345k
- GDP: $132.7B
- GDP five-year CAGR: Not reported
- Investment rate: 32.8%
- Savings rate: 20.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $67.7K | +0.0% |

## Broader route context

Broader Colombia to Morocco route exports provide route context only; they are not presented as HS 150710 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $16.8M | +0.0% |
| 1996 | $7.6M | -54.8% |
| 1997 | $6.8M | -10.5% |
| 1998 | $6.4M | -6.7% |
| 1999 | $9.3M | +46.6% |
| 2000 | $5.7M | -38.3% |
| 2001 | $1.5M | -74.5% |
| 2002 | $1.9M | +30.3% |
| 2003 | $9.7M | +406.4% |
| 2004 | $43.1M | +346.5% |
| 2005 | $11.8M | -72.7% |
| 2006 | $12.4M | +5.3% |
| 2007 | $59.3M | +377.9% |
| 2008 | $44.0M | -25.7% |
| 2009 | $138.6M | +214.7% |
| 2010 | $30.1M | -78.3% |
| 2011 | $62.4M | +107.7% |
| 2012 | $5.6M | -91.0% |
| 2013 | $4.7M | -16.5% |
| 2014 | $56.0M | +1088.9% |
| 2015 | $3.6M | -93.6% |
| 2016 | $21.9M | +512.8% |
| 2017 | $47.6M | +117.2% |
| 2018 | $28.2M | -40.7% |
| 2019 | $21.7M | -23.0% |
| 2020 | $18.9M | -13.3% |
| 2021 | $36.4M | +93.0% |
| 2022 | $110.7M | +204.3% |
| 2023 | $176.1M | +59.1% |
| 2024 | $137.0M | -22.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Colombia to Japan | HS 851712 | New corridor | $16.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-jpn-851712) |
| Colombia to Indonesia + Timor-Leste | HS 271012 | New corridor | $12.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-idn-271012) |
| Colombia to Italy | HS 851712 | New corridor | $6.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-ita-851712) |
| Colombia to NLD | HS 870380 | New corridor | $6.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-nld-870380) |
| Colombia to Poland | HS 271019 | New corridor | $5.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-pol-271019) |
| Colombia to India | HS 150710 | New corridor | $3.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-ind-150710) |
| Colombia to BRA | HS 300215 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-bra-300215) |
| Colombia to Philippines | HS 270900 | New corridor | $3.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/col-phl-270900) |

## 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.