# Japan to Belgium HS 711041 new corridor signal

This page reviews a reported new-corridor signal for metals: iridium, osmium, ruthenium, unwrought or in powder form. 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: $113.9M
- Buyer market growth: +71.9%
- Current exporter share: 0.1%
- Share gap: 99.6%

## 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: $113.9M
- Three-year buyer-import projection: $222.5M
- Supplier countries observed: 6
- Average buyer imports: $22.4M
- Historical buyer-import peak: $113.9M
- Full-history buyer-import CAGR: +44.7%
- Latest buyer-import annual change: +71.9%

## Competition landscape

- Top supplier: Germany
- Top supplier share: 99.8%
- Market concentration: 9,956
- Exporter share: 0.1%
- Share gap to peer benchmark: 99.6%

## Access profile

- Applied tariff: 5.9%
- MFN tariff: 5.9%
- Preferential tariff: 0.3%
- Approximate distance: 9,463 km
- Trade agreement: Reported yes
- Business entry time: 5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $51.8K
- GDP per-person growth: +2.0%
- Population: 11,588k
- GDP: $599.9B
- GDP five-year CAGR: +4.6%
- Investment rate: 23.7%
- Savings rate: 24.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $163.5K | +0.0% |

## Broader route context

Broader Japan to Belgium route exports provide route context only; they are not presented as HS 711041 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $4.9B | +0.0% |
| 2000 | $5.2B | +6.1% |
| 2001 | $4.7B | -8.5% |
| 2002 | $5.3B | +12.1% |
| 2003 | $6.5B | +21.8% |
| 2004 | $7.9B | +21.7% |
| 2005 | $7.8B | -0.8% |
| 2006 | $7.8B | +0.3% |
| 2007 | $8.6B | +9.8% |
| 2008 | $9.8B | +13.4% |
| 2009 | $6.8B | -30.4% |
| 2010 | $7.0B | +2.8% |
| 2011 | $6.7B | -4.6% |
| 2012 | $6.2B | -7.4% |
| 2013 | $5.7B | -8.0% |
| 2014 | $6.0B | +5.6% |
| 2015 | $5.2B | -12.8% |
| 2016 | $5.8B | +11.0% |
| 2017 | $6.0B | +2.7% |
| 2018 | $6.6B | +11.3% |
| 2019 | $7.8B | +17.6% |
| 2020 | $7.1B | -8.6% |
| 2021 | $7.4B | +3.7% |
| 2022 | $7.3B | -1.0% |
| 2023 | $7.0B | -4.6% |
| 2024 | $6.5B | -7.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Japan to PER | HS 270900 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-per-270900) |
| Japan to Italy | HS 440712 | New corridor | $1.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-ita-440712) |
| Japan to Russian Federation | HS 999999 | New corridor | $874.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-rus-999999) |
| Japan to Pakistan | HS 271119 | New corridor | $837.8M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-pak-271119) |
| Japan to Italy | HS 230400 | New corridor | $821.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-ita-230400) |
| Japan to France | HS 020319 | New corridor | $636.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-fra-020319) |
| Japan to Mauritius | HS 271012 | New corridor | $553.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-mus-271012) |
| Japan to Denmark | HS 440131 | New corridor | $540.2M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-dnk-440131) |

## 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.