# KOR to Marshall Islands HS 860900 new corridor signal

This page reviews a reported new-corridor signal for containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 42/100
- Reported period: 2024
- Buyer market imports: $77.3M
- Buyer market growth: +1764.4%
- Current exporter share: 0.0%
- Share gap: 99.9%

## 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: $77.3M
- Three-year buyer-import projection: $151.1M
- Supplier countries observed: 6
- Average buyer imports: $28.9M
- Historical buyer-import peak: $93.7M
- Full-history buyer-import CAGR: +36.1%
- Latest buyer-import annual change: +1764.4%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 99.9%
- Market concentration: 9,973
- Exporter share: 0.0%
- Share gap to peer benchmark: 99.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 5,587 km
- Trade agreement: Not reported
- Business entry time: 17 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $4.2K
- GDP per-person growth: +0.0%
- Population: 60k
- GDP: $248.7M
- GDP five-year CAGR: Not reported
- Investment rate: 0.0%
- Savings rate: 0.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $127.0 | +0.0% |

## Broader route context

Broader KOR to Marshall Islands route exports provide route context only; they are not presented as HS 860900 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $1.5M | +0.0% |
| 1996 | $219.5M | +14483.4% |
| 1997 | $3.2M | -98.6% |
| 1998 | $1.8M | -43.7% |
| 1999 | $150.3M | +8346.4% |
| 2000 | $331.1M | +120.3% |
| 2001 | $510.6M | +54.2% |
| 2002 | $734.9M | +43.9% |
| 2003 | $961.7M | +30.9% |
| 2004 | $607.0M | -36.9% |
| 2005 | $1.1B | +88.0% |
| 2006 | $965.6M | -15.4% |
| 2007 | $2.3B | +136.0% |
| 2008 | $4.8B | +108.8% |
| 2009 | $9.7B | +103.2% |
| 2010 | $4.7B | -51.5% |
| 2011 | $7.1B | +50.5% |
| 2012 | $3.9B | -44.2% |
| 2013 | $7.5B | +89.4% |
| 2014 | $8.1B | +8.1% |
| 2015 | $7.5B | -6.9% |
| 2016 | $7.7B | +3.1% |
| 2017 | $6.9B | -11.2% |
| 2018 | $2.0B | -70.3% |
| 2019 | $3.4B | +68.7% |
| 2020 | $4.8B | +40.5% |
| 2021 | $3.5B | -28.5% |
| 2022 | $3.2B | -6.1% |
| 2023 | $5.9B | +82.3% |
| 2024 | $2.6B | -56.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| KOR to Canada | HS 870120 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-can-870120) |
| KOR to Germany | HS 120510 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-deu-120510) |
| KOR to KHM | HS 710813 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-khm-710813) |
| KOR to ARE | HS 880240 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-are-880240) |
| KOR to IRL | HS 271121 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-irl-271121) |
| KOR to France | HS 040690 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-fra-040690) |
| KOR to Germany | HS 230400 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-deu-230400) |
| KOR to Belgium | HS 040690 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/kor-bel-040690) |

## 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.
