# Czech Republic to KOR HS 870423 new corridor signal

This page reviews a reported new-corridor signal for vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $406.8M
- Buyer market growth: +23.2%
- Current exporter share: 0.3%
- Share gap: 39.2%

## 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: $406.8M
- Three-year buyer-import projection: $496.4M
- Supplier countries observed: 15
- Average buyer imports: $181.0M
- Historical buyer-import peak: $537.2M
- Full-history buyer-import CAGR: +6.9%
- Latest buyer-import annual change: +23.2%

## Competition landscape

- Top supplier: Sweden
- Top supplier share: 39.5%
- Market concentration: 2,478
- Exporter share: 0.3%
- Share gap to peer benchmark: 39.2%

## Access profile

- Applied tariff: 9.0%
- MFN tariff: 10.8%
- Preferential tariff: 3.4%
- Approximate distance: 8,262 km
- Trade agreement: Reported yes
- Business entry time: 8 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $34.8K
- GDP per-person growth: +8.6%
- Population: 51,745k
- GDP: $1.8T
- GDP five-year CAGR: +1.4%
- Investment rate: 32.1%
- Savings rate: 33.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.0M | +0.0% |

## Broader route context

Broader Czech Republic to KOR route exports provide route context only; they are not presented as HS 870423 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $42.0M | +0.0% |
| 1996 | $50.5M | +20.1% |
| 1997 | $40.4M | -20.0% |
| 1998 | $23.7M | -41.2% |
| 1999 | $40.5M | +70.6% |
| 2000 | $91.2M | +125.2% |
| 2001 | $74.3M | -18.6% |
| 2002 | $71.0M | -4.4% |
| 2003 | $76.0M | +7.0% |
| 2004 | $85.3M | +12.2% |
| 2005 | $124.3M | +45.8% |
| 2006 | $181.4M | +45.9% |
| 2007 | $287.4M | +58.4% |
| 2008 | $321.6M | +11.9% |
| 2009 | $297.8M | -7.4% |
| 2010 | $295.2M | -0.9% |
| 2011 | $468.5M | +58.7% |
| 2012 | $566.2M | +20.8% |
| 2013 | $559.0M | -1.3% |
| 2014 | $577.7M | +3.4% |
| 2015 | $542.9M | -6.0% |
| 2016 | $528.1M | -2.7% |
| 2017 | $588.4M | +11.4% |
| 2018 | $672.9M | +14.4% |
| 2019 | $643.4M | -4.4% |
| 2020 | $726.1M | +12.9% |
| 2021 | $812.9M | +11.9% |
| 2022 | $771.9M | -5.0% |
| 2023 | $940.3M | +21.8% |
| 2024 | $1.0B | +7.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Czech Republic to Japan | HS 260111 | New corridor | $8.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-jpn-260111) |
| Czech Republic to Finland | HS 270900 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-fin-270900) |
| Czech Republic to CHN | HS 261000 | New corridor | $4.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-chn-261000) |
| Czech Republic to Indonesia + Timor-Leste | HS 170114 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-idn-170114) |
| Czech Republic to Indonesia + Timor-Leste | HS 270112 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-idn-270112) |
| Czech Republic to BRA | HS 870360 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-bra-870360) |
| Czech Republic to BRA | HS 870380 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-bra-870380) |
| Czech Republic to USA, Puerto Rico and US Virgin Islands | HS 060319 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/cze-usa-060319) |

## 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.