# Comoros to Spain HS 720449 new corridor signal

This page reviews a reported new-corridor signal for ferrous waste and scrap: n.e.s. in heading no. 7204. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 85/100
- Reported period: 2024
- Buyer market imports: $679.6M
- Buyer market growth: +2.3%
- Current exporter share: 0.0%
- Share gap: 57.8%

## 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: $679.6M
- Three-year buyer-import projection: $705.8M
- Supplier countries observed: 40
- Average buyer imports: $777.5M
- Historical buyer-import peak: $1.8B
- Full-history buyer-import CAGR: +1.3%
- Latest buyer-import annual change: +2.3%

## Competition landscape

- Top supplier: France
- Top supplier share: 57.8%
- Market concentration: 3,753
- Exporter share: 0.0%
- Share gap to peer benchmark: 57.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,548 km
- Trade agreement: Reported yes
- Business entry time: 12.5 days
- Shared spoken language score: 0.1

## 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 | $16.9K | +0.0% |

## Broader route context

Broader Comoros to Spain route exports provide route context only; they are not presented as HS 720449 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $8.1K | +0.0% |
| 1996 | $7.8K | -4.4% |
| 1997 | $8.8K | +13.1% |
| 1998 | $17.3K | +97.1% |
| 1999 | $30.2K | +74.0% |
| 2000 | $7.1K | -76.3% |
| 2001 | $758.5 | -89.4% |
| 2002 | $20.5K | +2597.0% |
| 2003 | $14.9K | -27.4% |
| 2004 | $14.2K | -4.2% |
| 2005 | $134.2K | +842.7% |
| 2006 | $142.1K | +5.9% |
| 2007 | $147.3K | +3.7% |
| 2008 | $61.7K | -58.1% |
| 2009 | $31.4K | -49.1% |
| 2010 | $55.6K | +76.8% |
| 2011 | $54.7K | -1.6% |
| 2012 | $112.1K | +104.9% |
| 2013 | $418.9K | +273.9% |
| 2014 | $312.9K | -25.3% |
| 2015 | $198.0K | -36.7% |
| 2016 | $496.5K | +150.7% |
| 2017 | $560.1K | +12.8% |
| 2018 | $185.9K | -66.8% |
| 2019 | $205.3K | +10.5% |
| 2020 | $163.1K | -20.6% |
| 2021 | $460.7K | +182.5% |
| 2022 | $229.2K | -50.2% |
| 2023 | $229.7K | +0.2% |
| 2024 | $245.3K | +6.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Comoros to NLD | HS 271019 | New corridor | $26.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-nld-271019) |
| Comoros to CHN | HS 740400 | New corridor | $15.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-chn-740400) |
| Comoros to USA, Puerto Rico and US Virgin Islands | HS 300212 | New corridor | $8.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-usa-300212) |
| Comoros to USA, Puerto Rico and US Virgin Islands | HS 940320 | New corridor | $6.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-usa-940320) |
| Comoros to Greece | HS 271019 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-grc-271019) |
| Comoros to CHN | HS 870829 | New corridor | $3.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-chn-870829) |
| Comoros to CHN | HS 392690 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-chn-392690) |
| Comoros to Germany | HS 853669 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/com-deu-853669) |

## 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.