# GBR to BGR HS 721230 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically). 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: $38.9M
- Buyer market growth: +67.0%
- Current exporter share: 0.6%
- Share gap: 32.7%

## 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: $38.9M
- Three-year buyer-import projection: $75.9M
- Supplier countries observed: 24
- Average buyer imports: $5.4M
- Historical buyer-import peak: $38.9M
- Full-history buyer-import CAGR: +33.3%
- Latest buyer-import annual change: +67.0%

## Competition landscape

- Top supplier: Austria
- Top supplier share: 33.3%
- Market concentration: 2,007
- Exporter share: 0.6%
- Share gap to peer benchmark: 32.7%

## Access profile

- Applied tariff: 6.2%
- MFN tariff: 12.6%
- Preferential tariff: 5.4%
- Approximate distance: 2,019 km
- Trade agreement: Reported yes
- Business entry time: 23 days
- Shared spoken language score: 0.3

## Buyer economy

- GDP per person: $11.6K
- GDP per-person growth: +9.3%
- Population: 6,899k
- GDP: $80.3B
- GDP five-year CAGR: +10.6%
- Investment rate: 25.6%
- Savings rate: 23.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $216.2K | +0.0% |

## Broader route context

Broader GBR to BGR route exports provide route context only; they are not presented as HS 721230 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $150.8M | +0.0% |
| 1996 | $126.8M | -15.9% |
| 1997 | $129.1M | +1.8% |
| 1998 | $131.8M | +2.1% |
| 1999 | $124.4M | -5.6% |
| 2000 | $130.1M | +4.6% |
| 2001 | $172.8M | +32.9% |
| 2002 | $203.2M | +17.6% |
| 2003 | $250.5M | +23.3% |
| 2004 | $305.3M | +21.8% |
| 2005 | $401.5M | +31.5% |
| 2006 | $408.9M | +1.9% |
| 2007 | $433.7M | +6.1% |
| 2008 | $522.5M | +20.5% |
| 2009 | $315.3M | -39.6% |
| 2010 | $377.6M | +19.7% |
| 2011 | $511.8M | +35.5% |
| 2012 | $455.1M | -11.1% |
| 2013 | $539.9M | +18.6% |
| 2014 | $648.9M | +20.2% |
| 2015 | $506.2M | -22.0% |
| 2016 | $638.0M | +26.0% |
| 2017 | $531.3M | -16.7% |
| 2018 | $561.0M | +5.6% |
| 2019 | $474.6M | -15.4% |
| 2020 | $437.9M | -7.7% |
| 2021 | $224.6M | -48.7% |
| 2022 | $293.1M | +30.5% |
| 2023 | $415.5M | +41.7% |
| 2024 | $568.6M | +36.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| GBR to CHN | HS 080929 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-chn-080929) |
| GBR to Russian Federation | HS 999999 | New corridor | $874.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-rus-999999) |
| GBR to GBR | HS 080610 | New corridor | $661.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-gbr-080610) |
| GBR to BRA | HS 380869 | New corridor | $501.5M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-bra-380869) |
| GBR to MLT | HS 890120 | New corridor | $421.4M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-mlt-890120) |
| GBR to Republic of Moldova | HS 271121 | New corridor | $405.1M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-mda-271121) |
| GBR to Kyrgyzstan | HS 621210 | New corridor | $362.7M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-kgz-621210) |
| GBR to KHM | HS 430110 | New corridor | $358.2M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-khm-430110) |

## 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.