# Sri Lanka to Iraq HS 230990 new corridor signal

This page reviews a reported new-corridor signal for dog or cat food: (not put up for retail sale), used in animal feeding. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 90/100
- Reported period: 2024
- Buyer market imports: $243.2M
- Buyer market growth: +20.4%
- Current exporter share: 0.0%
- Share gap: 50.9%

## 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: $243.2M
- Three-year buyer-import projection: $386.8M
- Supplier countries observed: 39
- Average buyer imports: $81.4M
- Historical buyer-import peak: $265.5M
- Full-history buyer-import CAGR: +16.7%
- Latest buyer-import annual change: +20.4%

## Competition landscape

- Top supplier: TUR
- Top supplier share: 50.9%
- Market concentration: 3,002
- Exporter share: 0.0%
- Share gap to peer benchmark: 50.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 4,686 km
- Trade agreement: Not reported
- Business entry time: 26.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $5.0K
- GDP per-person growth: +8.0%
- Population: 41,179k
- GDP: $207.9B
- GDP five-year CAGR: Not reported
- Investment rate: 19.2%
- Savings rate: 27.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $31.5K | +0.0% |

## Broader route context

Broader Sri Lanka to Iraq route exports provide route context only; they are not presented as HS 230990 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $12.0M | +0.0% |
| 1996 | $14.0M | +16.2% |
| 1997 | $15.8M | +13.3% |
| 1998 | $16.4M | +3.7% |
| 1999 | $14.1M | -14.1% |
| 2000 | $17.8M | +26.5% |
| 2001 | $19.1M | +6.8% |
| 2002 | $22.7M | +19.1% |
| 2003 | $8.7M | -61.6% |
| 2004 | $10.8M | +24.0% |
| 2005 | $20.2M | +87.0% |
| 2006 | $24.3M | +20.1% |
| 2007 | $26.4M | +8.8% |
| 2008 | $42.5M | +60.7% |
| 2009 | $37.4M | -11.9% |
| 2010 | $52.1M | +39.1% |
| 2011 | $85.6M | +64.4% |
| 2012 | $87.2M | +1.9% |
| 2013 | $86.7M | -0.5% |
| 2014 | $98.7M | +13.8% |
| 2015 | $94.7M | -4.0% |
| 2016 | $111.7M | +17.9% |
| 2017 | $146.9M | +31.5% |
| 2018 | $149.6M | +1.8% |
| 2019 | $126.3M | -15.5% |
| 2020 | $119.5M | -5.4% |
| 2021 | $189.8M | +58.8% |
| 2022 | $164.3M | -13.4% |
| 2023 | $130.5M | -20.6% |
| 2024 | $159.3M | +22.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Sri Lanka to GBR | HS 870360 | New corridor | $5.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-gbr-870360) |
| Sri Lanka to GBR | HS 870340 | New corridor | $5.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-gbr-870340) |
| Sri Lanka to CHN | HS 760200 | New corridor | $3.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-chn-760200) |
| Sri Lanka to ARE | HS 841112 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-are-841112) |
| Sri Lanka to Canada | HS 870421 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-can-870421) |
| Sri Lanka to Hungary | HS 854231 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-hun-854231) |
| Sri Lanka to ARE | HS 870380 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-are-870380) |
| Sri Lanka to Romania | HS 851712 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lka-rou-851712) |

## 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.