# Lebanon to USA, Puerto Rico and US Virgin Islands HS 842720 new corridor signal

This page reviews a reported new-corridor signal for fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by other than electric motor. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 76/100
- Reported period: 2024
- Buyer market imports: $5.0B
- Buyer market growth: +13.6%
- Current exporter share: 0.0%
- Share gap: 23.3%

## 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: $5.0B
- Three-year buyer-import projection: $6.5B
- Supplier countries observed: 46
- Average buyer imports: $1.1B
- Historical buyer-import peak: $5.0B
- Full-history buyer-import CAGR: +9.1%
- Latest buyer-import annual change: +13.6%

## Competition landscape

- Top supplier: GBR
- Top supplier share: 23.3%
- Market concentration: 1,304
- Exporter share: 0.0%
- Share gap to peer benchmark: 23.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,032 km
- Trade agreement: Not reported
- Business entry time: 4.2 days
- Shared spoken language score: 0.2

## Buyer economy

- GDP per person: $69.3K
- GDP per-person growth: +7.6%
- Population: 331,894k
- GDP: $23.0T
- GDP five-year CAGR: Not reported
- Investment rate: 21.9%
- Savings rate: 17.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $6.2K | +0.0% |

## Broader route context

Broader Lebanon to USA, Puerto Rico and US Virgin Islands route exports provide route context only; they are not presented as HS 842720 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $38.9M | +0.0% |
| 1996 | $44.5M | +14.5% |
| 1997 | $70.8M | +58.9% |
| 1998 | $75.4M | +6.5% |
| 1999 | $49.7M | -34.0% |
| 2000 | $65.8M | +32.4% |
| 2001 | $78.5M | +19.2% |
| 2002 | $61.4M | -21.7% |
| 2003 | $85.2M | +38.7% |
| 2004 | $66.8M | -21.6% |
| 2005 | $78.0M | +16.8% |
| 2006 | $79.6M | +2.0% |
| 2007 | $96.6M | +21.4% |
| 2008 | $84.0M | -13.1% |
| 2009 | $65.0M | -22.5% |
| 2010 | $72.4M | +11.3% |
| 2011 | $68.1M | -5.9% |
| 2012 | $66.8M | -2.0% |
| 2013 | $72.9M | +9.1% |
| 2014 | $62.2M | -14.7% |
| 2015 | $74.1M | +19.1% |
| 2016 | $80.9M | +9.2% |
| 2017 | $101.4M | +25.4% |
| 2018 | $86.8M | -14.4% |
| 2019 | $117.4M | +35.2% |
| 2020 | $177.4M | +51.1% |
| 2021 | $178.2M | +0.4% |
| 2022 | $190.7M | +7.0% |
| 2023 | $189.2M | -0.8% |
| 2024 | $247.5M | +30.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Lebanon to Italy | HS 870340 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-ita-870340) |
| Lebanon to Poland | HS 870340 | New corridor | $5.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-pol-870340) |
| Lebanon to USA, Puerto Rico and US Virgin Islands | HS 020230 | New corridor | $4.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-usa-020230) |
| Lebanon to Denmark | HS 870380 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-dnk-870380) |
| Lebanon to KOR | HS 870340 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-kor-870340) |
| Lebanon to TUR | HS 870380 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-tur-870380) |
| Lebanon to Austria | HS 870332 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-aut-870332) |
| Lebanon to Taiwan | HS 870340 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lbn-twn-870340) |

## 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.