# Colombia to Saudi Arabia HS 740811 new corridor signal

This page reviews a reported new-corridor signal for copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 54/100
- Reported period: 2024
- Buyer market imports: $1.9B
- Buyer market growth: +32.8%
- Current exporter share: 0.0%
- Share gap: 32.1%

## 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: $1.9B
- Three-year buyer-import projection: $3.8B
- Supplier countries observed: 19
- Average buyer imports: $443.2M
- Historical buyer-import peak: $1.9B
- Full-history buyer-import CAGR: +35.8%
- Latest buyer-import annual change: +32.8%

## Competition landscape

- Top supplier: Egypt
- Top supplier share: 32.1%
- Market concentration: 2,113
- Exporter share: 0.0%
- Share gap to peer benchmark: 32.1%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 12,952 km
- Trade agreement: Not reported
- Business entry time: 10.4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $23.6K
- GDP per-person growth: +3.5%
- Population: 35,341k
- GDP: $833.5B
- GDP five-year CAGR: Not reported
- Investment rate: 26.3%
- Savings rate: 44.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $488.3 | +0.0% |

## Broader route context

Broader Colombia to Saudi Arabia route exports provide route context only; they are not presented as HS 740811 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $5.6M | +0.0% |
| 1996 | $7.4M | +32.1% |
| 1997 | $5.9M | -21.0% |
| 1998 | $6.0M | +1.8% |
| 1999 | $7.8M | +30.8% |
| 2000 | $7.0M | -10.5% |
| 2001 | $5.0M | -29.2% |
| 2002 | $3.7M | -25.7% |
| 2003 | $4.0M | +8.8% |
| 2004 | $4.2M | +5.7% |
| 2005 | $4.8M | +14.4% |
| 2006 | $5.0M | +3.7% |
| 2007 | $4.8M | -3.3% |
| 2008 | $5.0M | +2.5% |
| 2009 | $4.9M | -0.5% |
| 2010 | $4.5M | -9.7% |
| 2011 | $7.9M | +76.2% |
| 2012 | $10.5M | +33.3% |
| 2013 | $7.4M | -29.7% |
| 2014 | $8.6M | +16.7% |
| 2015 | $10.0M | +15.6% |
| 2016 | $11.5M | +15.2% |
| 2017 | $17.9M | +56.4% |
| 2018 | $19.7M | +9.8% |
| 2019 | $25.0M | +26.8% |
| 2020 | $27.8M | +11.3% |
| 2021 | $41.5M | +49.3% |
| 2022 | $142.4M | +243.1% |
| 2023 | $102.7M | -27.9% |
| 2024 | $114.1M | +11.2% |

## 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.