# Hungary to BRA HS 842710 new corridor signal

This page reviews a reported new-corridor signal for fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by electric motor. 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: $343.7M
- Buyer market growth: +21.9%
- Current exporter share: 0.3%
- 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: $343.7M
- Three-year buyer-import projection: $482.0M
- Supplier countries observed: 28
- Average buyer imports: $79.9M
- Historical buyer-import peak: $343.7M
- Full-history buyer-import CAGR: +11.9%
- Latest buyer-import annual change: +21.9%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 68.0%
- Market concentration: 4,906
- Exporter share: 0.3%
- Share gap to peer benchmark: 67.8%

## Access profile

- Applied tariff: 28.8%
- MFN tariff: 28.8%
- Preferential tariff: 0.0%
- Approximate distance: 10,267 km
- Trade agreement: Not reported
- Business entry time: 16.6 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $7.5K
- GDP per-person growth: +1.7%
- Population: 213,993k
- GDP: $1.6T
- GDP five-year CAGR: +3.1%
- Investment rate: 19.2%
- Savings rate: 16.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $893.9K | +0.0% |

## Broader route context

Broader Hungary to BRA route exports provide route context only; they are not presented as HS 842710 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $42.8M | +0.0% |
| 1996 | $45.0M | +5.3% |
| 1997 | $60.1M | +33.6% |
| 1998 | $87.6M | +45.7% |
| 1999 | $70.3M | -19.8% |
| 2000 | $89.7M | +27.6% |
| 2001 | $80.3M | -10.5% |
| 2002 | $68.5M | -14.7% |
| 2003 | $83.8M | +22.4% |
| 2004 | $118.1M | +41.0% |
| 2005 | $107.4M | -9.0% |
| 2006 | $102.9M | -4.2% |
| 2007 | $106.5M | +3.5% |
| 2008 | $152.6M | +43.3% |
| 2009 | $129.7M | -15.0% |
| 2010 | $203.9M | +57.2% |
| 2011 | $281.0M | +37.8% |
| 2012 | $346.6M | +23.3% |
| 2013 | $456.8M | +31.8% |
| 2014 | $431.5M | -5.6% |
| 2015 | $354.6M | -17.8% |
| 2016 | $238.9M | -32.6% |
| 2017 | $304.6M | +27.5% |
| 2018 | $326.3M | +7.1% |
| 2019 | $296.8M | -9.1% |
| 2020 | $268.6M | -9.5% |
| 2021 | $370.3M | +37.9% |
| 2022 | $405.3M | +9.5% |
| 2023 | $439.7M | +8.5% |
| 2024 | $496.7M | +13.0% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Hungary to CHN | HS 260600 | New corridor | $8.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-chn-260600) |
| Hungary to Canada | HS 870380 | New corridor | $7.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-can-870380) |
| Hungary to CHN | HS 740200 | New corridor | $6.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-chn-740200) |
| Hungary to CHN | HS 870340 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-chn-870340) |
| Hungary to CHN | HS 400280 | New corridor | $5.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-chn-400280) |
| Hungary to CHN | HS 282200 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-chn-282200) |
| Hungary to Japan | HS 160232 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-jpn-160232) |
| Hungary to India | HS 310210 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/hun-ind-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.