# Lithuania to Saudi Arabia HS 848140 new corridor signal

This page reviews a reported new-corridor signal for valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 61/100
- Reported period: 2024
- Buyer market imports: $218.9M
- Buyer market growth: +20.1%
- Current exporter share: 0.0%
- Share gap: 30.7%

## 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: $218.9M
- Three-year buyer-import projection: $291.7M
- Supplier countries observed: 63
- Average buyer imports: $105.5M
- Historical buyer-import peak: $235.8M
- Full-history buyer-import CAGR: +10.0%
- Latest buyer-import annual change: +20.1%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 30.7%
- Market concentration: 1,696
- Exporter share: 0.0%
- Share gap to peer benchmark: 30.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,781 km
- Trade agreement: Not reported
- Business entry time: 10.4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $23.6K
- GDP per-person growth: +3.5%
- Population: 35,341k
- GDP: $833.5B
- GDP five-year CAGR: Not reported
- Investment rate: 26.3%
- Savings rate: 44.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.1K | +0.0% |

## Broader route context

Broader Lithuania to Saudi Arabia route exports provide route context only; they are not presented as HS 848140 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $155.3K | +0.0% |
| 1996 | $540.9K | +248.3% |
| 1997 | $180.0K | -66.7% |
| 1998 | $137.8K | -23.5% |
| 1999 | $757.7K | +450.0% |
| 2000 | $215.4K | -71.6% |
| 2001 | $350.7K | +62.8% |
| 2002 | $284.1K | -19.0% |
| 2003 | $737.2K | +159.5% |
| 2004 | $1.3M | +76.8% |
| 2005 | $6.7M | +417.3% |
| 2006 | $15.9M | +135.2% |
| 2007 | $71.2M | +349.1% |
| 2008 | $37.9M | -46.8% |
| 2009 | $21.9M | -42.1% |
| 2010 | $77.9M | +255.7% |
| 2011 | $62.4M | -19.9% |
| 2012 | $126.9M | +103.2% |
| 2013 | $170.1M | +34.1% |
| 2014 | $124.9M | -26.6% |
| 2015 | $250.8M | +100.8% |
| 2016 | $165.8M | -33.9% |
| 2017 | $193.4M | +16.6% |
| 2018 | $192.3M | -0.6% |
| 2019 | $401.7M | +108.9% |
| 2020 | $209.4M | -47.9% |
| 2021 | $112.2M | -46.4% |
| 2022 | $192.1M | +71.2% |
| 2023 | $170.4M | -11.3% |
| 2024 | $99.3M | -41.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Lithuania to USA, Puerto Rico and US Virgin Islands | HS 870340 | New corridor | $29.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-usa-870340) |
| Lithuania to Japan | HS 271019 | New corridor | $4.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-jpn-271019) |
| Lithuania to Canada | HS 870340 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-can-870340) |
| Lithuania to Germany | HS 293719 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-deu-293719) |
| Lithuania to Malaysia | HS 710813 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-mys-710813) |
| Lithuania to AUS | HS 870332 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-aus-870332) |
| Lithuania to Croatia | HS 270900 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-hrv-270900) |
| Lithuania to India | HS 870840 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ltu-ind-870840) |

## 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.