# Dominican Republic to KOR HS 854430 new corridor signal

This page reviews a reported new-corridor signal for insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 59/100
- Reported period: 2024
- Buyer market imports: $2.5B
- Buyer market growth: -1.4%
- Current exporter share: 0.0%
- Share gap: 57.5%

## 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: $4.5B
- Supplier countries observed: 72
- Average buyer imports: $945.4M
- Historical buyer-import peak: $2.5B
- Full-history buyer-import CAGR: +21.8%
- Latest buyer-import annual change: -1.4%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 57.5%
- Market concentration: 4,129
- Exporter share: 0.0%
- Share gap to peer benchmark: 57.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 13,558 km
- Trade agreement: Not reported
- 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: Not reported
- Investment rate: 32.1%
- Savings rate: 33.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $881.8 | +0.0% |

## Broader route context

Broader Dominican Republic to KOR route exports provide route context only; they are not presented as HS 854430 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $29.7M | +0.0% |
| 1996 | $40.6M | +36.6% |
| 1997 | $43.5M | +7.2% |
| 1998 | $40.9M | -6.2% |
| 1999 | $33.8M | -17.4% |
| 2000 | $29.4M | -13.1% |
| 2001 | $33.8M | +15.1% |
| 2002 | $24.3M | -27.9% |
| 2003 | $81.2M | +233.7% |
| 2004 | $108.2M | +33.1% |
| 2005 | $68.3M | -36.8% |
| 2006 | $125.5M | +83.7% |
| 2007 | $129.1M | +2.9% |
| 2008 | $68.1M | -47.2% |
| 2009 | $25.0M | -63.3% |
| 2010 | $50.6M | +102.3% |
| 2011 | $82.0M | +62.0% |
| 2012 | $120.1M | +46.4% |
| 2013 | $104.2M | -13.2% |
| 2014 | $120.5M | +15.7% |
| 2015 | $62.7M | -48.0% |
| 2016 | $66.5M | +6.1% |
| 2017 | $94.9M | +42.8% |
| 2018 | $126.2M | +33.0% |
| 2019 | $64.0M | -49.3% |
| 2020 | $74.0M | +15.6% |
| 2021 | $60.9M | -17.7% |
| 2022 | $154.1M | +152.9% |
| 2023 | $184.1M | +19.5% |
| 2024 | $154.2M | -16.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Dominican Republic to ARE | HS 710812 | New corridor | $80.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-are-710812) |
| Dominican Republic to China, Hong Kong SAR | HS 710812 | New corridor | $41.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-hkg-710812) |
| Dominican Republic 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/dom-usa-300212) |
| Dominican Republic to Greece | HS 271019 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-grc-271019) |
| Dominican Republic to Philippines | HS 854232 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-phl-854232) |
| Dominican Republic to Austria | HS 870332 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-aut-870332) |
| Dominican Republic to Austria | HS 870380 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-aut-870380) |
| Dominican Republic to Thailand | HS 870840 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/dom-tha-870840) |

## 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.