# Japan to PER HS 270900 new corridor signal

This page reviews a reported new-corridor signal for oils: petroleum oils and oils obtained from bituminous minerals, crude. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 40/100
- Reported period: 2024
- Buyer market imports: $3.2B
- Buyer market growth: +6.4%
- Current exporter share: 0.0%
- Share gap: 28.8%

## 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: $3.2B
- Three-year buyer-import projection: $4.1B
- Supplier countries observed: 12
- Average buyer imports: $1.8B
- Historical buyer-import peak: $3.6B
- Full-history buyer-import CAGR: +8.7%
- Latest buyer-import annual change: +6.4%

## Competition landscape

- Top supplier: Ecuador
- Top supplier share: 28.8%
- Market concentration: 2,039
- Exporter share: 0.0%
- Share gap to peer benchmark: 28.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 15,506 km
- Trade agreement: Reported yes
- Business entry time: 26 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $6.7K
- GDP per-person growth: +0.0%
- Population: 33,359k
- GDP: $223.2B
- GDP five-year CAGR: Not reported
- Investment rate: 0.0%
- Savings rate: 0.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $97.4 | +0.0% |

## Broader route context

Broader Japan to PER route exports provide route context only; they are not presented as HS 270900 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $385.7M | +0.0% |
| 1996 | $332.0M | -13.9% |
| 1997 | $389.7M | +17.4% |
| 1998 | $438.2M | +12.4% |
| 1999 | $374.8M | -14.5% |
| 2000 | $395.8M | +5.6% |
| 2001 | $332.9M | -15.9% |
| 2002 | $323.5M | -2.8% |
| 2003 | $295.9M | -8.5% |
| 2004 | $288.3M | -2.5% |
| 2005 | $347.8M | +20.6% |
| 2006 | $460.9M | +32.5% |
| 2007 | $654.7M | +42.1% |
| 2008 | $1.1B | +65.4% |
| 2009 | $728.7M | -32.7% |
| 2010 | $1.5B | +105.9% |
| 2011 | $1.1B | -26.6% |
| 2012 | $1.6B | +48.7% |
| 2013 | $1.6B | -4.1% |
| 2014 | $914.8M | -41.8% |
| 2015 | $1.2B | +27.5% |
| 2016 | $873.1M | -25.1% |
| 2017 | $893.4M | +2.3% |
| 2018 | $892.3M | -0.1% |
| 2019 | $882.0M | -1.2% |
| 2020 | $587.1M | -33.4% |
| 2021 | $837.1M | +42.6% |
| 2022 | $881.9M | +5.4% |
| 2023 | $929.3M | +5.4% |
| 2024 | $942.0M | +1.4% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| 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) |
| Japan to ARG | HS 293134 | New corridor | $421.4M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/jpn-arg-293134) |

## 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.