# Equatorial Guinea to USA, Puerto Rico and US Virgin Islands HS 650500 new corridor signal

This page reviews a reported new-corridor signal for hats and other headgear: knitted or crocheted, or made up from lace, felt or other textile fabric, in the piece (but not in strips), whether or not lined or trimmed: hair-nets of any material, whether or not lined or trimmed. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 56/100
- Reported period: 2024
- Buyer market imports: $2.1B
- Buyer market growth: +1.8%
- Current exporter share: 0.0%
- Share gap: 35.5%

## 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: $2.1B
- Three-year buyer-import projection: $2.4B
- Supplier countries observed: 139
- Average buyer imports: $1.2B
- Historical buyer-import peak: $2.4B
- Full-history buyer-import CAGR: +4.6%
- Latest buyer-import annual change: +1.8%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 35.5%
- Market concentration: 2,073
- Exporter share: 0.0%
- Share gap to peer benchmark: 35.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,138 km
- Trade agreement: Not reported
- Business entry time: 4.2 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $69.3K
- GDP per-person growth: +7.6%
- Population: 331,894k
- GDP: $23.0T
- GDP five-year CAGR: Not reported
- Investment rate: 21.9%
- Savings rate: 17.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $650.2 | +0.0% |

## Broader route context

Broader Equatorial Guinea to USA, Puerto Rico and US Virgin Islands route exports provide route context only; they are not presented as HS 650500 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $31.0M | +0.0% |
| 1996 | $76.4M | +146.1% |
| 1997 | $30.4M | -60.2% |
| 1998 | $66.8M | +119.9% |
| 1999 | $43.4M | -35.0% |
| 2000 | $146.9M | +238.7% |
| 2001 | $436.2M | +196.8% |
| 2002 | $495.2M | +13.5% |
| 2003 | $894.8M | +80.7% |
| 2004 | $1.2B | +31.3% |
| 2005 | $1.6B | +32.6% |
| 2006 | $1.7B | +9.5% |
| 2007 | $1.7B | +1.3% |
| 2008 | $3.3B | +88.9% |
| 2009 | $2.4B | -25.5% |
| 2010 | $2.1B | -12.0% |
| 2011 | $1.1B | -46.7% |
| 2012 | $1.6B | +43.4% |
| 2013 | $861.0M | -47.3% |
| 2014 | $237.6M | -72.4% |
| 2015 | $155.7M | -34.5% |
| 2016 | $191.0M | +22.7% |
| 2017 | $344.4M | +80.3% |
| 2018 | $558.4M | +62.1% |
| 2019 | $317.0M | -43.2% |
| 2020 | $126.2M | -60.2% |
| 2021 | $252.9M | +100.4% |
| 2022 | $209.8M | -17.0% |
| 2023 | $282.7M | +34.7% |
| 2024 | $123.8M | -56.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Equatorial Guinea to IRL | HS 300490 | New corridor | $6.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-irl-300490) |
| Equatorial Guinea to Spain | HS 870340 | New corridor | $4.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-esp-870340) |
| Equatorial Guinea to Germany | HS 730890 | New corridor | $4.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-deu-730890) |
| Equatorial Guinea to IRL | HS 847150 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-irl-847150) |
| Equatorial Guinea to Thailand | HS 760200 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-tha-760200) |
| Equatorial Guinea to Thailand | HS 853710 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-tha-853710) |
| Equatorial Guinea to IRL | HS 851762 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-irl-851762) |
| Equatorial Guinea to Canada | HS 732690 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/gnq-can-732690) |

## 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.