# Cabo Verde to NLD HS 940390 new corridor signal

This page reviews a reported new-corridor signal for furniture: parts. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 72/100
- Reported period: 2024
- Buyer market imports: $615.3M
- Buyer market growth: +23.4%
- Current exporter share: 0.0%
- Share gap: 28.0%

## 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: $615.3M
- Three-year buyer-import projection: $748.5M
- Supplier countries observed: 89
- Average buyer imports: $281.1M
- Historical buyer-import peak: $615.3M
- Full-history buyer-import CAGR: +6.7%
- Latest buyer-import annual change: +23.4%

## Competition landscape

- Top supplier: Germany
- Top supplier share: 28.0%
- Market concentration: 1,282
- Exporter share: 0.0%
- Share gap to peer benchmark: 28.0%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 4,863 km
- Trade agreement: Not reported
- Business entry time: 3.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $58.1K
- GDP per-person growth: +1.7%
- Population: 17,533k
- GDP: $1.0T
- GDP five-year CAGR: Not reported
- Investment rate: 22.0%
- Savings rate: 30.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $4.1K | +0.0% |

## Broader route context

Broader Cabo Verde to NLD route exports provide route context only; they are not presented as HS 940390 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $137.9K | +0.0% |
| 1996 | $180.0K | +30.5% |
| 1997 | $184.4K | +2.5% |
| 1998 | $144.4K | -21.7% |
| 1999 | $180.6K | +25.1% |
| 2000 | $471.9K | +161.2% |
| 2001 | $79.5K | -83.2% |
| 2002 | $24.2K | -69.6% |
| 2003 | $163.5K | +576.5% |
| 2004 | $38.9K | -76.2% |
| 2005 | $3.3M | +8327.6% |
| 2006 | $8.5M | +159.5% |
| 2007 | $5.2M | -39.1% |
| 2008 | $570.9K | -89.0% |
| 2009 | $8.2M | +1341.1% |
| 2010 | $12.2M | +47.8% |
| 2011 | $2.7M | -77.4% |
| 2012 | $778.4K | -71.7% |
| 2013 | $398.9K | -48.8% |
| 2014 | $246.5K | -38.2% |
| 2015 | $424.2K | +72.0% |
| 2016 | $265.3K | -37.5% |
| 2017 | $5.9M | +2139.8% |
| 2018 | $454.3K | -92.4% |
| 2019 | $4.8M | +958.8% |
| 2020 | $652.9K | -86.4% |
| 2021 | $1.6M | +151.0% |
| 2022 | $3.0M | +84.0% |
| 2023 | $1.2M | -58.7% |
| 2024 | $217.0K | -82.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Cabo Verde to CHN | HS 851770 | New corridor | $12.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-chn-851770) |
| Cabo Verde to Germany | HS 840734 | New corridor | $4.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-deu-840734) |
| Cabo Verde to Canada | HS 841191 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-can-841191) |
| Cabo Verde to USA, Puerto Rico and US Virgin Islands | HS 640411 | New corridor | $3.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-usa-640411) |
| Cabo Verde to Germany | HS 840820 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-deu-840820) |
| Cabo Verde to Thailand | HS 853400 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-tha-853400) |
| Cabo Verde to Germany | HS 854129 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-deu-854129) |
| Cabo Verde to Germany | HS 847990 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-deu-847990) |

## 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.