# Greece to Belgium HS 890190 new corridor signal

This page reviews a reported new-corridor signal for vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 41/100
- Reported period: 2024
- Buyer market imports: $163.1M
- Buyer market growth: +15.4%
- Current exporter share: 0.0%
- Share gap: 88.3%

## 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: $163.1M
- Three-year buyer-import projection: $224.3M
- Supplier countries observed: 10
- Average buyer imports: $166.1M
- Historical buyer-import peak: $591.4M
- Full-history buyer-import CAGR: +11.2%
- Latest buyer-import annual change: +15.4%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 88.3%
- Market concentration: 7,876
- Exporter share: 0.0%
- Share gap to peer benchmark: 88.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 2,089 km
- Trade agreement: Reported yes
- Business entry time: 5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $51.8K
- GDP per-person growth: +2.0%
- Population: 11,588k
- GDP: $599.9B
- GDP five-year CAGR: Not reported
- Investment rate: 23.7%
- Savings rate: 24.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $113.2 | +0.0% |

## Broader route context

Broader Greece to Belgium route exports provide route context only; they are not presented as HS 890190 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $197.2M | +0.0% |
| 2000 | $233.0M | +18.1% |
| 2001 | $217.5M | -6.6% |
| 2002 | $211.5M | -2.8% |
| 2003 | $209.9M | -0.7% |
| 2004 | $236.2M | +12.5% |
| 2005 | $230.3M | -2.5% |
| 2006 | $277.4M | +20.5% |
| 2007 | $368.8M | +33.0% |
| 2008 | $343.8M | -6.8% |
| 2009 | $323.3M | -6.0% |
| 2010 | $272.3M | -15.8% |
| 2011 | $408.9M | +50.2% |
| 2012 | $447.7M | +9.5% |
| 2013 | $374.4M | -16.4% |
| 2014 | $396.0M | +5.8% |
| 2015 | $346.8M | -12.4% |
| 2016 | $361.8M | +4.3% |
| 2017 | $376.7M | +4.1% |
| 2018 | $378.4M | +0.4% |
| 2019 | $420.1M | +11.0% |
| 2020 | $333.1M | -20.7% |
| 2021 | $423.8M | +27.2% |
| 2022 | $570.4M | +34.6% |
| 2023 | $550.8M | -3.4% |
| 2024 | $543.6M | -1.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Greece to USA, Puerto Rico and US Virgin Islands | HS 300214 | New corridor | $15.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-usa-300214) |
| Greece to GBR | HS 271121 | New corridor | $12.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-gbr-271121) |
| Greece to KOR | HS 270112 | New corridor | $12.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-kor-270112) |
| Greece to Germany | HS 300214 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-deu-300214) |
| Greece to NLD | HS 271111 | New corridor | $6.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-nld-271111) |
| Greece to India | HS 151110 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-ind-151110) |
| Greece to South Africa | HS 270900 | New corridor | $4.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-zaf-270900) |
| Greece to France | HS 710812 | New corridor | $4.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grc-fra-710812) |

## 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.