# Iraq to USA, Puerto Rico and US Virgin Islands HS 841950 new corridor signal

This page reviews a reported new-corridor signal for heat exchange units: not used for domestic purposes. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 70/100
- Reported period: 2024
- Buyer market imports: $2.2B
- Buyer market growth: +25.2%
- Current exporter share: 0.0%
- Share gap: 22.0%

## 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: $2.2B
- Three-year buyer-import projection: $2.9B
- Supplier countries observed: 104
- Average buyer imports: $755.7M
- Historical buyer-import peak: $2.2B
- Full-history buyer-import CAGR: +10.0%
- Latest buyer-import annual change: +25.2%

## Competition landscape

- Top supplier: Mexico
- Top supplier share: 22.0%
- Market concentration: 1,023
- Exporter share: 0.0%
- Share gap to peer benchmark: 22.0%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,651 km
- Trade agreement: Not reported
- Business entry time: 4.2 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $69.3K
- GDP per-person growth: +7.6%
- Population: 331,894k
- GDP: $23.0T
- GDP five-year CAGR: Not reported
- Investment rate: 21.9%
- Savings rate: 17.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $3.0K | +0.0% |

## Broader route context

Broader Iraq to USA, Puerto Rico and US Virgin Islands route exports provide route context only; they are not presented as HS 841950 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1997 | $288.5M | +0.0% |
| 1998 | $1.2B | +319.7% |
| 1999 | $4.2B | +246.8% |
| 2000 | $5.7B | +35.7% |
| 2001 | $5.4B | -5.1% |
| 2002 | $3.5B | -36.3% |
| 2003 | $4.5B | +30.6% |
| 2004 | $6.5B | +44.3% |
| 2005 | $10.3B | +57.9% |
| 2006 | $12.1B | +17.6% |
| 2007 | $11.8B | -2.0% |
| 2008 | $23.1B | +95.0% |
| 2009 | $9.6B | -58.4% |
| 2010 | $12.5B | +30.4% |
| 2011 | $17.5B | +39.7% |
| 2012 | $19.3B | +10.5% |
| 2013 | $13.2B | -31.7% |
| 2014 | $13.5B | +2.7% |
| 2015 | $4.3B | -68.6% |
| 2016 | $5.9B | +39.2% |
| 2017 | $10.4B | +76.1% |
| 2018 | $11.7B | +12.3% |
| 2019 | $7.1B | -39.6% |
| 2020 | $3.1B | -56.2% |
| 2021 | $3.7B | +19.7% |
| 2022 | $7.6B | +104.0% |
| 2023 | $8.3B | +9.1% |
| 2024 | $7.1B | -13.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Iraq to CHN | HS 260111 | New corridor | $111.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-chn-260111) |
| Iraq to CHN | HS 710812 | New corridor | $80.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-chn-710812) |
| Iraq to Saudi Arabia | HS 271012 | New corridor | $10.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-sau-271012) |
| Iraq to CHN | HS 260600 | New corridor | $8.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-chn-260600) |
| Iraq to CHN | HS 841191 | New corridor | $5.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-chn-841191) |
| Iraq to USA, Puerto Rico and US Virgin Islands | HS 610910 | New corridor | $5.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-usa-610910) |
| Iraq to GBR | HS 870321 | New corridor | $4.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-gbr-870321) |
| Iraq to China, Hong Kong SAR | HS 852351 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/irq-hkg-852351) |

## 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.