# JAM to SGP HS 940510 new corridor signal

This page reviews a reported new-corridor signal for chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 57/100
- Reported period: 2024
- Buyer market imports: $317.4M
- Buyer market growth: +72.6%
- Current exporter share: 0.0%
- Share gap: 88.8%

## 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: $317.4M
- Three-year buyer-import projection: $387.7M
- Supplier countries observed: 61
- Average buyer imports: $127.1M
- Historical buyer-import peak: $462.9M
- Full-history buyer-import CAGR: +6.9%
- Latest buyer-import annual change: +72.5%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 88.8%
- Market concentration: 7,889
- Exporter share: 0.0%
- Share gap to peer benchmark: 88.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 17,890 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0.7

## Buyer economy

- GDP per person: $72.8K
- GDP per-person growth: +7.7%
- Population: 5,454k
- GDP: $397.0B
- GDP five-year CAGR: Not reported
- Investment rate: 27.3%
- Savings rate: 50.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $686.0 | +0.0% |

## Broader route context

Broader JAM to SGP route exports provide route context only; they are not presented as HS 940510 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $324.1K | +0.0% |
| 1996 | $468.6K | +44.6% |
| 1997 | $138.8K | -70.4% |
| 1998 | $206.0K | +48.4% |
| 1999 | $214.0K | +3.9% |
| 2000 | $593.9K | +177.5% |
| 2001 | $337.7K | -43.1% |
| 2002 | $345.2K | +2.2% |
| 2003 | $245.9K | -28.8% |
| 2004 | $494.5K | +101.1% |
| 2005 | $258.5K | -47.7% |
| 2006 | $887.6K | +243.4% |
| 2007 | $3.7M | +313.9% |
| 2008 | $3.5M | -5.6% |
| 2009 | $636.6K | -81.6% |
| 2010 | $1.2M | +87.7% |
| 2011 | $1.4M | +16.1% |
| 2012 | $508.8K | -63.3% |
| 2013 | $751.1K | +47.6% |
| 2014 | $449.7K | -40.1% |
| 2015 | $410.0K | -8.8% |
| 2016 | $339.2K | -17.3% |
| 2017 | $684.6K | +101.8% |
| 2018 | $540.0K | -21.1% |
| 2019 | $574.0K | +6.3% |
| 2020 | $511.7K | -10.8% |
| 2021 | $400.3K | -21.8% |
| 2022 | $1.1M | +170.2% |
| 2023 | $1.5M | +41.0% |
| 2024 | $1.1M | -26.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| JAM to CHN | HS 870840 | New corridor | $7.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-chn-870840) |
| JAM to Philippines | HS 854239 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-phl-854239) |
| JAM to China, Hong Kong SAR | HS 847170 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-hkg-847170) |
| JAM to Germany | HS 340220 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-deu-340220) |
| JAM to Malaysia | HS 851762 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-mys-851762) |
| JAM to KOR | HS 890120 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-kor-890120) |
| JAM to Thailand | HS 847150 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-tha-847150) |
| JAM to Malaysia | HS 760110 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jam-mys-760110) |

## 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.