# Mexico to Saudi Arabia HS 870510 new corridor signal

This page reviews a reported new-corridor signal for vehicles: crane lorries. 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: $266.5M
- Buyer market growth: +38.2%
- Current exporter share: 0.2%
- Share gap: 53.4%

## 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: $266.5M
- Three-year buyer-import projection: $379.4M
- Supplier countries observed: 17
- Average buyer imports: $92.6M
- Historical buyer-import peak: $276.3M
- Full-history buyer-import CAGR: +12.5%
- Latest buyer-import annual change: +38.2%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 53.6%
- Market concentration: 4,800
- Exporter share: 0.2%
- Share gap to peer benchmark: 53.4%

## Access profile

- Applied tariff: 9.9%
- MFN tariff: 9.9%
- Preferential tariff: 0.0%
- Approximate distance: 13,896 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: +6.9%
- Investment rate: 26.3%
- Savings rate: 44.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $478.7K | +0.0% |

## Broader route context

Broader Mexico to Saudi Arabia route exports provide route context only; they are not presented as HS 870510 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $47.0M | +0.0% |
| 1996 | $48.7M | +3.6% |
| 1997 | $121.3M | +148.9% |
| 1998 | $143.0M | +17.9% |
| 1999 | $67.3M | -53.0% |
| 2000 | $104.6M | +55.5% |
| 2001 | $74.4M | -28.9% |
| 2002 | $69.7M | -6.3% |
| 2003 | $77.3M | +10.9% |
| 2004 | $90.6M | +17.3% |
| 2005 | $201.3M | +122.2% |
| 2006 | $310.6M | +54.2% |
| 2007 | $222.2M | -28.4% |
| 2008 | $260.7M | +17.3% |
| 2009 | $227.2M | -12.9% |
| 2010 | $204.5M | -10.0% |
| 2011 | $352.6M | +72.4% |
| 2012 | $552.0M | +56.6% |
| 2013 | $931.7M | +68.8% |
| 2014 | $1.0B | +10.9% |
| 2015 | $737.8M | -28.6% |
| 2016 | $408.8M | -44.6% |
| 2017 | $364.8M | -10.8% |
| 2018 | $450.1M | +23.4% |
| 2019 | $611.2M | +35.8% |
| 2020 | $547.7M | -10.4% |
| 2021 | $571.3M | +4.3% |
| 2022 | $660.7M | +15.7% |
| 2023 | $1.0B | +52.0% |
| 2024 | $1.2B | +17.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Mexico to Indonesia + Timor-Leste | HS 100199 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-idn-100199) |
| Mexico to Azerbaijan | HS 710813 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-aze-710813) |
| Mexico to AUS | HS 300215 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-aus-300215) |
| Mexico to GBR | HS 440131 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-gbr-440131) |
| Mexico to Poland | HS 880240 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-pol-880240) |
| Mexico to Japan | HS 290919 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-jpn-290919) |
| Mexico to Italy | HS 300220 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-ita-300220) |
| Mexico to KOR | HS 890120 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mex-kor-890120) |

## 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.