# Indonesia + Timor-Leste to Czech Republic HS 720916 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 88/100
- Reported period: 2024
- Buyer market imports: $182.4M
- Buyer market growth: +3.7%
- Current exporter share: 0.0%
- Share gap: 45.0%

## 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: $182.4M
- Three-year buyer-import projection: $244.8M
- Supplier countries observed: 27
- Average buyer imports: $92.6M
- Historical buyer-import peak: $229.5M
- Full-history buyer-import CAGR: +10.3%
- Latest buyer-import annual change: +3.7%

## Competition landscape

- Top supplier: Germany
- Top supplier share: 45.0%
- Market concentration: 2,426
- Exporter share: 0.0%
- Share gap to peer benchmark: 45.0%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 10,705 km
- Trade agreement: Not reported
- Business entry time: 24.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $26.4K
- GDP per-person growth: +7.0%
- Population: 10,703k
- GDP: $282.3B
- GDP five-year CAGR: Not reported
- Investment rate: 29.9%
- Savings rate: 32.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $26.2K | +0.0% |

## Broader route context

Broader Indonesia + Timor-Leste to Czech Republic route exports provide route context only; they are not presented as HS 720916 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $25.6M | +0.0% |
| 1996 | $28.4M | +10.6% |
| 1997 | $18.4M | -35.0% |
| 1998 | $26.9M | +45.8% |
| 1999 | $27.7M | +3.1% |
| 2000 | $34.8M | +25.7% |
| 2001 | $45.8M | +31.5% |
| 2002 | $66.1M | +44.3% |
| 2003 | $64.3M | -2.7% |
| 2004 | $82.6M | +28.5% |
| 2005 | $93.3M | +13.0% |
| 2006 | $143.7M | +54.0% |
| 2007 | $180.4M | +25.6% |
| 2008 | $208.4M | +15.5% |
| 2009 | $207.1M | -0.6% |
| 2010 | $238.8M | +15.3% |
| 2011 | $207.5M | -13.1% |
| 2012 | $163.3M | -21.3% |
| 2013 | $138.7M | -15.1% |
| 2014 | $158.3M | +14.1% |
| 2015 | $155.8M | -1.5% |
| 2016 | $188.2M | +20.8% |
| 2017 | $234.5M | +24.5% |
| 2018 | $224.3M | -4.3% |
| 2019 | $248.1M | +10.6% |
| 2020 | $266.0M | +7.2% |
| 2021 | $354.0M | +33.1% |
| 2022 | $412.0M | +16.4% |
| 2023 | $335.2M | -18.6% |
| 2024 | $267.4M | -20.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Indonesia + Timor-Leste 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/idn-usa-870380) |
| Indonesia + Timor-Leste to Belgium | HS 270900 | New corridor | $17.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-bel-270900) |
| Indonesia + Timor-Leste to World excl. Intra-EU | HS 271019 | New corridor | $6.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-wxd-271019) |
| Indonesia + Timor-Leste to BRN | HS 270900 | New corridor | $3.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-brn-270900) |
| Indonesia + Timor-Leste to Czech Republic | HS 840734 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-cze-840734) |
| Indonesia + Timor-Leste to Taiwan | HS 903141 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-twn-903141) |
| Indonesia + Timor-Leste to India | HS 711011 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-ind-711011) |
| Indonesia + Timor-Leste to NLD | HS 870340 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/idn-nld-870340) |

## 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.