# Cabo Verde to SGP HS 841199 new corridor signal

This page reviews a reported new-corridor signal for turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 84/100
- Reported period: 2024
- Buyer market imports: $1.6B
- Buyer market growth: +26.3%
- Current exporter share: 0.0%
- Share gap: 50.9%

## 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: $1.6B
- Three-year buyer-import projection: $2.1B
- Supplier countries observed: 67
- Average buyer imports: $637.2M
- Historical buyer-import peak: $1.6B
- Full-history buyer-import CAGR: +11.0%
- Latest buyer-import annual change: +26.3%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 50.9%
- Market concentration: 2,869
- Exporter share: 0.0%
- Share gap to peer benchmark: 50.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 13,965 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0

## 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 | $16.5K | +0.0% |

## Broader route context

Broader Cabo Verde to SGP route exports provide route context only; they are not presented as HS 841199 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1996 | $94.6K | +0.0% |
| 1997 | $145.0K | +53.3% |
| 1998 | $142.1K | -2.0% |
| 2001 | $708.0 | -99.5% |
| 2003 | $20.0K | +2721.6% |
| 2004 | $50.8K | +154.3% |
| 2005 | $5.5K | -89.2% |
| 2006 | $1.3K | -76.6% |
| 2007 | $225.2K | +17499.6% |
| 2008 | $905.5K | +302.0% |
| 2009 | $71.1K | -92.1% |
| 2010 | $103.6K | +45.7% |
| 2011 | $1.1M | +929.5% |
| 2012 | $27.5K | -97.4% |
| 2013 | $55.1K | +100.7% |
| 2014 | $146.5K | +165.8% |
| 2015 | $861.0K | +487.8% |
| 2016 | $238.9K | -72.3% |
| 2017 | $937.6K | +292.6% |
| 2018 | $271.8K | -71.0% |
| 2019 | $303.3K | +11.6% |
| 2020 | $189.3K | -37.6% |
| 2021 | $39.4K | -79.2% |
| 2022 | $87.9K | +123.1% |
| 2023 | $1.5M | +1551.1% |
| 2024 | $387.6K | -73.3% |

## 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.