# IRL to Philippines HS 741022 new corridor signal

This page reviews a reported new-corridor signal for copper: foil, backed with paper, paperboard, plastics or similar backing material, of a thickness (excluding any backing) not exceeding 0.15mm, of copper alloys. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 60/100
- Reported period: 2024
- Buyer market imports: $195.3M
- Buyer market growth: +60.3%
- Current exporter share: 0.0%
- Share gap: 99.9%

## 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: $195.3M
- Three-year buyer-import projection: $380.7M
- Supplier countries observed: 11
- Average buyer imports: $26.1M
- Historical buyer-import peak: $246.1M
- Full-history buyer-import CAGR: +24.9%
- Latest buyer-import annual change: +60.3%

## Competition landscape

- Top supplier: Japan
- Top supplier share: 99.9%
- Market concentration: 9,984
- Exporter share: 0.0%
- Share gap to peer benchmark: 99.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 10,958 km
- Trade agreement: Not reported
- Business entry time: 33 days
- Shared spoken language score: 0.5

## Buyer economy

- GDP per person: $3.5K
- GDP per-person growth: +28.1%
- Population: 111,047k
- GDP: $394.1B
- GDP five-year CAGR: Not reported
- Investment rate: 21.2%
- Savings rate: 15.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.0K | +0.0% |

## Broader route context

Broader IRL to Philippines route exports provide route context only; they are not presented as HS 741022 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $163.1M | +0.0% |
| 1996 | $296.5M | +81.8% |
| 1997 | $255.0M | -14.0% |
| 1998 | $326.1M | +27.9% |
| 1999 | $447.7M | +37.3% |
| 2000 | $571.1M | +27.6% |
| 2001 | $598.5M | +4.8% |
| 2002 | $595.1M | -0.6% |
| 2003 | $341.0M | -42.7% |
| 2004 | $361.7M | +6.1% |
| 2005 | $635.1M | +75.6% |
| 2006 | $1.1B | +68.2% |
| 2007 | $1.8B | +65.6% |
| 2008 | $811.0M | -54.1% |
| 2009 | $206.3M | -74.6% |
| 2010 | $294.1M | +42.5% |
| 2011 | $201.5M | -31.5% |
| 2012 | $305.7M | +51.7% |
| 2013 | $142.2M | -53.5% |
| 2014 | $234.3M | +64.8% |
| 2015 | $137.6M | -41.3% |
| 2016 | $152.9M | +11.1% |
| 2017 | $183.5M | +20.0% |
| 2018 | $445.2M | +142.6% |
| 2019 | $237.5M | -46.7% |
| 2020 | $184.1M | -22.5% |
| 2021 | $225.8M | +22.6% |
| 2022 | $281.6M | +24.7% |
| 2023 | $330.5M | +17.4% |
| 2024 | $252.6M | -23.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| IRL to AUS | HS 710812 | New corridor | $5.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-aus-710812) |
| IRL to France | HS 890190 | New corridor | $3.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-fra-890190) |
| IRL to USA, Puerto Rico and US Virgin Islands | HS 080390 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-usa-080390) |
| IRL to Spain | HS 120190 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-esp-120190) |
| IRL to QAT | HS 270900 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-qat-270900) |
| IRL to USA, Puerto Rico and US Virgin Islands | HS 070700 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-usa-070700) |
| IRL to Egypt | HS 720449 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-egy-720449) |
| IRL to Switzerland | HS 870360 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irl-che-870360) |

## 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.