# Cabo Verde to Thailand HS 853400 new corridor signal

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

## Signal summary

- Signal type: New corridor
- Signal strength: 94/100
- Reported period: 2024
- Buyer market imports: $2.5B
- Buyer market growth: +32.1%
- Current exporter share: 0.0%
- Share gap: 59.3%

## 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: $2.5B
- Three-year buyer-import projection: $3.1B
- Supplier countries observed: 67
- Average buyer imports: $1.0B
- Historical buyer-import peak: $2.5B
- Full-history buyer-import CAGR: +7.6%
- Latest buyer-import annual change: +32.1%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 59.3%
- Market concentration: 3,799
- Exporter share: 0.0%
- Share gap to peer benchmark: 59.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 13,092 km
- Trade agreement: Not reported
- Business entry time: 6 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $7.2K
- GDP per-person growth: +16.9%
- Population: 69,951k
- GDP: $506.0B
- GDP five-year CAGR: Not reported
- Investment rate: 25.5%
- Savings rate: 30.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $48.5K | +0.0% |

## Broader route context

Broader Cabo Verde to Thailand route exports provide route context only; they are not presented as HS 853400 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $48.6K | +0.0% |
| 1996 | $522.4K | +973.8% |
| 1997 | $259.3K | -50.4% |
| 1998 | $42.0K | -83.8% |
| 1999 | $257.7K | +513.6% |
| 2000 | $120.3K | -53.3% |
| 2001 | $45.1K | -62.5% |
| 2002 | $38.5K | -14.6% |
| 2003 | $36.6K | -5.0% |
| 2006 | $19.0K | -48.1% |
| 2007 | $1.3K | -92.9% |
| 2008 | $418.7 | -68.8% |
| 2009 | $7.9K | +1781.8% |
| 2010 | $119.3K | +1414.7% |
| 2011 | $2.5K | -97.9% |
| 2012 | $1.4M | +53294.6% |
| 2013 | $1.2K | -99.9% |
| 2014 | $18.4K | +1416.0% |
| 2015 | $22.6K | +22.8% |
| 2016 | $70.3K | +210.7% |
| 2017 | $63.2K | -10.1% |
| 2018 | $234.1K | +270.5% |
| 2019 | $107.0K | -54.3% |
| 2020 | $42.3K | -60.4% |
| 2021 | $15.1K | -64.4% |
| 2022 | $32.6K | +116.2% |
| 2023 | $36.1K | +11.0% |
| 2024 | $48.7K | +34.6% |

## 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 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) |
| Cabo Verde to GBR | HS 160232 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cpv-gbr-160232) |

## 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.