# GBR to MLT HS 890120 new corridor signal

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

## Signal summary

- Signal type: New corridor
- Signal strength: 87/100
- Reported period: 2024
- Buyer market imports: $421.4M
- Buyer market growth: +25.1%
- Current exporter share: 0.0%
- Share gap: 94.4%

## 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: $421.4M
- Three-year buyer-import projection: $457.6M
- Supplier countries observed: 6
- Average buyer imports: $917.1M
- Historical buyer-import peak: $2.6B
- Full-history buyer-import CAGR: +2.8%
- Latest buyer-import annual change: +25.1%

## Competition landscape

- Top supplier: KOR
- Top supplier share: 94.4%
- Market concentration: 8,934
- Exporter share: 0.0%
- Share gap to peer benchmark: 94.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 2,092 km
- Trade agreement: Reported yes
- Business entry time: 20.5 days
- Shared spoken language score: 0.9

## Buyer economy

- GDP per person: $33.3K
- GDP per-person growth: +19.2%
- Population: 517k
- GDP: $17.2B
- GDP five-year CAGR: Not reported
- Investment rate: 22.5%
- Savings rate: 34.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $22.8K | +0.0% |

## Broader route context

Broader GBR to MLT route exports provide route context only; they are not presented as HS 890120 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $470.4M | +0.0% |
| 1996 | $390.6M | -17.0% |
| 1997 | $410.3M | +5.0% |
| 1998 | $326.8M | -20.4% |
| 1999 | $319.0M | -2.4% |
| 2000 | $307.1M | -3.7% |
| 2001 | $303.4M | -1.2% |
| 2002 | $334.3M | +10.2% |
| 2003 | $383.5M | +14.7% |
| 2004 | $454.0M | +18.4% |
| 2005 | $424.1M | -6.6% |
| 2006 | $529.5M | +24.9% |
| 2007 | $706.0M | +33.3% |
| 2008 | $816.6M | +15.7% |
| 2009 | $564.3M | -30.9% |
| 2010 | $563.9M | -0.1% |
| 2011 | $639.2M | +13.4% |
| 2012 | $557.6M | -12.8% |
| 2013 | $588.0M | +5.4% |
| 2014 | $607.1M | +3.2% |
| 2015 | $530.0M | -12.7% |
| 2016 | $476.5M | -10.1% |
| 2017 | $586.6M | +23.1% |
| 2018 | $748.6M | +27.6% |
| 2019 | $1.6B | +116.2% |
| 2020 | $557.8M | -65.5% |
| 2021 | $496.1M | -11.1% |
| 2022 | $418.8M | -15.6% |
| 2023 | $462.4M | +10.4% |
| 2024 | $585.4M | +26.6% |

## 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 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) |
| GBR to Israel | HS 860310 | New corridor | $274.5M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gbr-isr-860310) |

## 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.