# Japan to Greece HS 721049 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically). 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: $191.8M
- Buyer market growth: +9.2%
- Current exporter share: 2.5%
- Share gap: 52.3%

## 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: $191.8M
- Three-year buyer-import projection: $229.1M
- Supplier countries observed: 30
- Average buyer imports: $81.6M
- Historical buyer-import peak: $220.2M
- Full-history buyer-import CAGR: +6.1%
- Latest buyer-import annual change: +9.2%

## Competition landscape

- Top supplier: TUR
- Top supplier share: 54.9%
- Market concentration: 3,222
- Exporter share: 2.5%
- Share gap to peer benchmark: 52.3%

## Access profile

- Applied tariff: 5.9%
- MFN tariff: 5.9%
- Preferential tariff: 0.3%
- Approximate distance: 9,518 km
- Trade agreement: Reported yes
- Business entry time: 4 days
- Shared spoken language score: 0.1

## Buyer economy

- GDP per person: $20.3K
- GDP per-person growth: -13.5%
- Population: 10,665k
- GDP: $216.2B
- GDP five-year CAGR: +4.3%
- Investment rate: 20.7%
- Savings rate: 14.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $4.8M | +0.0% |

## Broader route context

Broader Japan to Greece route exports provide route context only; they are not presented as HS 721049 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $657.6M | +0.0% |
| 1996 | $839.4M | +27.6% |
| 1997 | $773.1M | -7.9% |
| 1998 | $924.7M | +19.6% |
| 1999 | $1.2B | +28.8% |
| 2000 | $1.1B | -10.9% |
| 2001 | $819.4M | -22.8% |
| 2002 | $825.1M | +0.7% |
| 2003 | $1.7B | +110.4% |
| 2004 | $1.5B | -15.4% |
| 2005 | $1.0B | -28.6% |
| 2006 | $1.5B | +42.7% |
| 2007 | $1.6B | +8.7% |
| 2008 | $1.3B | -18.7% |
| 2009 | $822.0M | -37.8% |
| 2010 | $657.7M | -20.0% |
| 2011 | $436.6M | -33.6% |
| 2012 | $152.7M | -65.0% |
| 2013 | $163.0M | +6.8% |
| 2014 | $237.9M | +45.9% |
| 2015 | $270.9M | +13.9% |
| 2016 | $296.2M | +9.3% |
| 2017 | $215.2M | -27.4% |
| 2018 | $445.3M | +106.9% |
| 2019 | $266.9M | -40.1% |
| 2020 | $193.1M | -27.6% |
| 2021 | $230.9M | +19.6% |
| 2022 | $308.6M | +33.6% |
| 2023 | $402.3M | +30.4% |
| 2024 | $312.3M | -22.4% |

## 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.