# GEO to Czech Republic HS 870380 new corridor signal

This page reviews a reported new-corridor signal for vehicles: with only electric motor for propulsion. 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: $320.9M
- Buyer market growth: +16.9%
- Current exporter share: 0.1%
- Share gap: 47.5%

## 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: $320.9M
- Three-year buyer-import projection: $626.8M
- Supplier countries observed: 35
- Average buyer imports: $36.5M
- Historical buyer-import peak: $320.9M
- Full-history buyer-import CAGR: +34.0%
- Latest buyer-import annual change: +16.9%

## Competition landscape

- Top supplier: Germany
- Top supplier share: 47.6%
- Market concentration: 2,765
- Exporter share: 0.1%
- Share gap to peer benchmark: 47.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 2,510 km
- Trade agreement: Reported yes
- Business entry time: 24.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $26.4K
- GDP per-person growth: +7.0%
- Population: 10,703k
- GDP: $282.3B
- GDP five-year CAGR: Not reported
- Investment rate: 29.9%
- Savings rate: 32.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $270.7K | +0.0% |

## Broader route context

Broader GEO to Czech Republic route exports provide route context only; they are not presented as HS 870380 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $101.3K | +0.0% |
| 1996 | $146.0K | +44.1% |
| 1997 | $7.3M | +4899.3% |
| 1998 | $234.2K | -96.8% |
| 1999 | $991.5K | +323.4% |
| 2000 | $709.8K | -28.4% |
| 2001 | $619.5K | -12.7% |
| 2002 | $526.2K | -15.1% |
| 2003 | $2.2M | +327.6% |
| 2004 | $3.0M | +35.3% |
| 2005 | $7.3M | +140.5% |
| 2006 | $8.4M | +14.9% |
| 2007 | $9.4M | +11.4% |
| 2008 | $8.4M | -9.9% |
| 2009 | $9.1M | +7.9% |
| 2010 | $10.2M | +12.4% |
| 2011 | $12.1M | +17.9% |
| 2012 | $10.3M | -14.4% |
| 2013 | $17.5M | +69.0% |
| 2014 | $20.1M | +14.8% |
| 2015 | $18.9M | -5.8% |
| 2016 | $18.7M | -0.9% |
| 2017 | $12.0M | -36.0% |
| 2018 | $15.9M | +32.5% |
| 2019 | $20.6M | +30.2% |
| 2020 | $19.3M | -6.6% |
| 2021 | $19.2M | -0.4% |
| 2022 | $19.8M | +3.0% |
| 2023 | $21.0M | +6.3% |
| 2024 | $28.3M | +34.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| GEO to Germany | HS 870360 | New corridor | $7.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-deu-870360) |
| GEO to USA, Puerto Rico and US Virgin Islands | HS 841810 | New corridor | $6.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-usa-841810) |
| GEO to Spain | HS 870380 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-esp-870380) |
| GEO to CHN | HS 999999 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-chn-999999) |
| GEO to India | HS 850760 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-ind-850760) |
| GEO to USA, Puerto Rico and US Virgin Islands | HS 850710 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-usa-850710) |
| GEO to Belgium | HS 300214 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-bel-300214) |
| GEO to BRA | HS 310210 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/geo-bra-310210) |

## 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.