# LUX to USA, Puerto Rico and US Virgin Islands HS 842710 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 electric motor. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $1.9B
- Buyer market growth: -4.0%
- Current exporter share: 0.0%
- Share gap: 20.4%

## 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: $1.9B
- Three-year buyer-import projection: $2.3B
- Supplier countries observed: 47
- Average buyer imports: $558.8M
- Historical buyer-import peak: $2.0B
- Full-history buyer-import CAGR: +6.8%
- Latest buyer-import annual change: -4.0%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 20.4%
- Market concentration: 1,360
- Exporter share: 0.0%
- Share gap to peer benchmark: 20.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,063 km
- Trade agreement: Not reported
- Business entry time: 4.2 days
- Shared spoken language score: 0

## 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 | $180.7K | +0.0% |

## Broader route context

Broader LUX to USA, Puerto Rico and US Virgin Islands route exports provide route context only; they are not presented as HS 842710 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $293.9M | +0.0% |
| 2000 | $314.2M | +6.9% |
| 2001 | $292.9M | -6.8% |
| 2002 | $289.8M | -1.0% |
| 2003 | $250.8M | -13.5% |
| 2004 | $285.4M | +13.8% |
| 2005 | $382.4M | +34.0% |
| 2006 | $523.8M | +37.0% |
| 2007 | $477.3M | -8.9% |
| 2008 | $533.6M | +11.8% |
| 2009 | $444.2M | -16.8% |
| 2010 | $450.8M | +1.5% |
| 2011 | $557.1M | +23.6% |
| 2012 | $528.9M | -5.1% |
| 2013 | $634.0M | +19.9% |
| 2014 | $659.1M | +4.0% |
| 2015 | $597.9M | -9.3% |
| 2016 | $485.1M | -18.9% |
| 2017 | $288.5M | -40.5% |
| 2018 | $527.9M | +83.0% |
| 2019 | $579.3M | +9.7% |
| 2020 | $435.3M | -24.9% |
| 2021 | $553.1M | +27.1% |
| 2022 | $652.7M | +18.0% |
| 2023 | $618.7M | -5.2% |
| 2024 | $592.3M | -4.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| LUX to USA, Puerto Rico and US Virgin Islands | HS 870410 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-usa-870410) |
| LUX to Poland | HS 284190 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-pol-284190) |
| LUX to USA, Puerto Rico and US Virgin Islands | HS 690721 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-usa-690721) |
| LUX to USA, Puerto Rico and US Virgin Islands | HS 890399 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-usa-890399) |
| LUX to KOR | HS 284190 | New corridor | $1.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-kor-284190) |
| LUX to USA, Puerto Rico and US Virgin Islands | HS 284440 | New corridor | $927.2M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-usa-284440) |
| LUX to Colombia | HS 870323 | New corridor | $897.8M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-col-870323) |
| LUX to Malaysia | HS 841191 | New corridor | $886.8M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/lux-mys-841191) |

## 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.