# Eritrea to SGP HS 940171 new corridor signal

This page reviews a reported new-corridor signal for seats: with metal frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 71/100
- Reported period: 2024
- Buyer market imports: $222.0M
- Buyer market growth: +48.0%
- Current exporter share: 0.0%
- Share gap: 94.8%

## 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: $222.0M
- Three-year buyer-import projection: $323.6M
- Supplier countries observed: 52
- Average buyer imports: $84.9M
- Historical buyer-import peak: $326.1M
- Full-history buyer-import CAGR: +13.4%
- Latest buyer-import annual change: +48.0%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 94.8%
- Market concentration: 8,989
- Exporter share: 0.0%
- Share gap to peer benchmark: 94.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,296 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 | $3.4K | +0.0% |

## Broader route context

Broader Eritrea to SGP route exports provide route context only; they are not presented as HS 940171 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1998 | $457.8K | +0.0% |
| 1999 | $493.1K | +7.7% |
| 2000 | $541.0K | +9.7% |
| 2001 | $152.1K | -71.9% |
| 2002 | $1.0M | +565.5% |
| 2003 | $140.6K | -86.1% |
| 2004 | $237.0K | +68.5% |
| 2005 | $163.4K | -31.1% |
| 2006 | $194.1K | +18.8% |
| 2007 | $193.8K | -0.2% |
| 2008 | $160.4K | -17.2% |
| 2011 | $34.1K | -78.8% |
| 2012 | $459.9K | +1250.1% |
| 2013 | $7.7K | -98.3% |
| 2014 | $34.9K | +354.9% |
| 2015 | $12.1K | -65.4% |
| 2016 | $48.8K | +304.4% |
| 2017 | $28.9K | -40.9% |
| 2018 | $35.9K | +24.3% |
| 2019 | $13.3K | -62.8% |
| 2020 | $169.6K | +1170.8% |
| 2021 | $183.0K | +7.9% |
| 2022 | $63.0K | -65.6% |
| 2023 | $252.5K | +301.0% |
| 2024 | $40.1K | -84.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Eritrea to SGP | HS 854239 | New corridor | $28.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-sgp-854239) |
| Eritrea to USA, Puerto Rico and US Virgin Islands | HS 880330 | New corridor | $13.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-usa-880330) |
| Eritrea to USA, Puerto Rico and US Virgin Islands | HS 847989 | New corridor | $9.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-usa-847989) |
| Eritrea to USA, Puerto Rico and US Virgin Islands | HS 870830 | New corridor | $7.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-usa-870830) |
| Eritrea to France | HS 711319 | New corridor | $6.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-fra-711319) |
| Eritrea to CHN | HS 853710 | New corridor | $6.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-chn-853710) |
| Eritrea to USA, Puerto Rico and US Virgin Islands | HS 842952 | New corridor | $5.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-usa-842952) |
| Eritrea to France | HS 850760 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/eri-fra-850760) |

## 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.