# Honduras to Malaysia HS 848690 new corridor signal

This page reviews a reported new-corridor signal for machines and apparatus of heading 8486: parts and accessories. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 55/100
- Reported period: 2024
- Buyer market imports: $2.1B
- Buyer market growth: +101.4%
- Current exporter share: 0.0%
- Share gap: 45.9%

## 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: $3.4B
- Supplier countries observed: 66
- Average buyer imports: $335.5M
- Historical buyer-import peak: $2.1B
- Full-history buyer-import CAGR: +17.3%
- Latest buyer-import annual change: +101.4%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 45.9%
- Market concentration: 2,706
- Exporter share: 0.0%
- Share gap to peer benchmark: 45.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 17,879 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $11.4K
- GDP per-person growth: +12.9%
- Population: 32,776k
- GDP: $372.7B
- GDP five-year CAGR: Not reported
- Investment rate: 23.7%
- Savings rate: 32.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $594.4 | +0.0% |

## Broader route context

Broader Honduras to Malaysia route exports provide route context only; they are not presented as HS 848690 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $3.2K | +0.0% |
| 1996 | $3.5K | +9.1% |
| 1997 | $369.0 | -89.5% |
| 1998 | $440.6 | +19.4% |
| 1999 | $91.0K | +20543.2% |
| 2000 | $69.2K | -23.9% |
| 2001 | $23.5K | -66.1% |
| 2002 | $25.7K | +9.7% |
| 2003 | $1.1M | +4255.6% |
| 2004 | $5.8K | -99.5% |
| 2005 | $168.4K | +2811.4% |
| 2006 | $8.8M | +5148.8% |
| 2007 | $1.0M | -88.4% |
| 2008 | $1.2M | +21.5% |
| 2009 | $125.1K | -90.0% |
| 2010 | $153.6K | +22.8% |
| 2011 | $133.2K | -13.3% |
| 2012 | $905.0K | +579.6% |
| 2013 | $309.5K | -65.8% |
| 2014 | $384.8K | +24.3% |
| 2015 | $838.2K | +117.8% |
| 2016 | $1.4M | +68.2% |
| 2017 | $2.7M | +89.3% |
| 2018 | $1.1M | -60.5% |
| 2019 | $1.6M | +47.5% |
| 2020 | $1.4M | -7.3% |
| 2021 | $1.8M | +23.4% |
| 2022 | $4.0M | +126.0% |
| 2023 | $5.2M | +29.5% |
| 2024 | $6.0M | +15.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Honduras to KOR | HS 854231 | New corridor | $22.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-kor-854231) |
| Honduras to USA, Puerto Rico and US Virgin Islands | HS 870380 | New corridor | $22.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-usa-870380) |
| Honduras to India | HS 854232 | New corridor | $4.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-ind-854232) |
| Honduras to USA, Puerto Rico and US Virgin Islands | HS 030441 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-usa-030441) |
| Honduras to Italy | HS 901890 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-ita-901890) |
| Honduras to Spain | HS 401110 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-esp-401110) |
| Honduras to CHN | HS 902750 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-chn-902750) |
| Honduras to Portugal | HS 870899 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hnd-prt-870899) |

## 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.