# GRL to Nigeria HS 030355 new corridor signal

This page reviews a reported new-corridor signal for fish: frozen, jack and horse mackerel (trachurus spp.), excluding fillets, livers, roes, and other fish meat of heading 0304. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 94/100
- Reported period: 2024
- Buyer market imports: $160.3M
- Buyer market growth: +25.6%
- Current exporter share: 0.0%
- Share gap: 67.8%

## 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: $160.3M
- Three-year buyer-import projection: $241.4M
- Supplier countries observed: 28
- Average buyer imports: $80.5M
- Historical buyer-import peak: $271.2M
- Full-history buyer-import CAGR: +14.6%
- Latest buyer-import annual change: +25.6%

## Competition landscape

- Top supplier: Chile
- Top supplier share: 67.8%
- Market concentration: 4,884
- Exporter share: 0.0%
- Share gap to peer benchmark: 67.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,750 km
- Trade agreement: Not reported
- Business entry time: 7.2 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $2.1K
- GDP per-person growth: +32.8%
- Population: 211,401k
- GDP: $440.8B
- GDP five-year CAGR: Not reported
- Investment rate: 26.3%
- Savings rate: 20.4%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $52.9K | +0.0% |

## Broader route context

Broader GRL to Nigeria route exports provide route context only; they are not presented as HS 030355 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1996 | $72.5K | +0.0% |
| 1997 | $258.9K | +257.4% |
| 1999 | $177.7K | -31.4% |
| 2000 | $320.4K | +80.3% |
| 2001 | $1.8M | +448.5% |
| 2002 | $368.7K | -79.0% |
| 2003 | $407.8K | +10.6% |
| 2006 | $357.7K | -12.3% |
| 2007 | $243.5K | -31.9% |
| 2008 | $75.9K | -68.8% |
| 2011 | $2.1K | -97.3% |
| 2012 | $3.3K | +57.5% |
| 2013 | $5.3M | +162013.6% |
| 2014 | $869.2K | -83.6% |
| 2018 | $77.0K | -91.1% |
| 2019 | $77.7K | +0.9% |
| 2020 | $67.7K | -12.9% |
| 2022 | $162.5K | +140.1% |
| 2023 | $281.4 | -99.8% |
| 2024 | $606.8K | +215508.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| GRL to GBR | HS 300490 | New corridor | $13.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-gbr-300490) |
| GRL to France | HS 300490 | New corridor | $11.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-fra-300490) |
| GRL to USA, Puerto Rico and US Virgin Islands | HS 940360 | New corridor | $7.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-usa-940360) |
| GRL to USA, Puerto Rico and US Virgin Islands | HS 330300 | New corridor | $5.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-usa-330300) |
| GRL to Germany | HS 640399 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-deu-640399) |
| GRL to France | HS 870829 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-fra-870829) |
| GRL to CHN | HS 854442 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-chn-854442) |
| GRL to USA, Puerto Rico and US Virgin Islands | HS 902780 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/grl-usa-902780) |

## 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.