# MLT to Saudi Arabia HS 940161 new corridor signal

This page reviews a reported new-corridor signal for seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 67/100
- Reported period: 2024
- Buyer market imports: $325.7M
- Buyer market growth: +12.5%
- Current exporter share: 0.0%
- Share gap: 56.7%

## 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: $325.7M
- Three-year buyer-import projection: $457.0M
- Supplier countries observed: 76
- Average buyer imports: $133.9M
- Historical buyer-import peak: $340.1M
- Full-history buyer-import CAGR: +12.0%
- Latest buyer-import annual change: +12.5%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 56.7%
- Market concentration: 3,457
- Exporter share: 0.0%
- Share gap to peer benchmark: 56.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,322 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 | $2.2K | +0.0% |

## Broader route context

Broader MLT to Saudi Arabia route exports provide route context only; they are not presented as HS 940161 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $5.0M | +0.0% |
| 1996 | $5.6M | +10.9% |
| 1997 | $5.8M | +4.8% |
| 1998 | $7.2M | +23.0% |
| 1999 | $5.3M | -26.1% |
| 2000 | $9.3M | +75.0% |
| 2001 | $9.7M | +4.3% |
| 2002 | $7.6M | -21.6% |
| 2003 | $12.0M | +57.9% |
| 2004 | $13.0M | +8.6% |
| 2005 | $10.3M | -21.2% |
| 2006 | $12.4M | +20.6% |
| 2007 | $17.7M | +43.0% |
| 2008 | $25.6M | +44.4% |
| 2009 | $26.4M | +3.2% |
| 2010 | $25.7M | -2.7% |
| 2011 | $39.1M | +52.0% |
| 2012 | $28.9M | -26.1% |
| 2013 | $55.2M | +91.0% |
| 2014 | $31.3M | -43.3% |
| 2015 | $44.1M | +40.7% |
| 2016 | $32.0M | -27.3% |
| 2017 | $95.3M | +197.3% |
| 2018 | $146.9M | +54.2% |
| 2019 | $61.0M | -58.5% |
| 2020 | $52.0M | -14.8% |
| 2021 | $62.1M | +19.5% |
| 2022 | $83.5M | +34.5% |
| 2023 | $49.3M | -40.9% |
| 2024 | $45.3M | -8.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| MLT to Indonesia + Timor-Leste | HS 271012 | New corridor | $12.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-idn-271012) |
| MLT to Poland | HS 300215 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-pol-300215) |
| MLT to CHN | HS 290511 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-chn-290511) |
| MLT to Indonesia + Timor-Leste | HS 851770 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-idn-851770) |
| MLT to USA, Puerto Rico and US Virgin Islands | HS 293299 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-usa-293299) |
| MLT to Chile | HS 851712 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-chl-851712) |
| MLT to CHN | HS 390690 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-chn-390690) |
| MLT to AUS | HS 300215 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mlt-aus-300215) |

## 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.