# Montenegro to Spain HS 260800 new corridor signal

This page reviews a reported new-corridor signal for zinc ores and concentrates. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 39/100
- Reported period: 2024
- Buyer market imports: $942.2M
- Buyer market growth: +25.3%
- Current exporter share: 0.0%
- Share gap: 24.4%

## 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: $942.2M
- Three-year buyer-import projection: $1.2B
- Supplier countries observed: 26
- Average buyer imports: $566.9M
- Historical buyer-import peak: $1.2B
- Full-history buyer-import CAGR: +8.0%
- Latest buyer-import annual change: +25.3%

## Competition landscape

- Top supplier: PER
- Top supplier share: 24.4%
- Market concentration: 1,599
- Exporter share: 0.0%
- Share gap to peer benchmark: 24.4%

## Access profile

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

## Buyer economy

- GDP per person: $0.0
- GDP per-person growth: +0.0%
- Population: 0k
- GDP: $0.0
- GDP five-year CAGR: Not reported
- Investment rate: 0.0%
- Savings rate: 0.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $83.3 | +0.0% |

## Broader route context

Broader Montenegro to Spain route exports provide route context only; they are not presented as HS 260800 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 2006 | $45.2K | +0.0% |
| 2007 | $2.2M | +4801.5% |
| 2008 | $1.8M | -19.0% |
| 2009 | $1.0M | -43.5% |
| 2010 | $432.0K | -57.4% |
| 2011 | $149.6K | -65.4% |
| 2012 | $577.8K | +286.3% |
| 2013 | $941.4K | +62.9% |
| 2014 | $126.5K | -86.6% |
| 2015 | $325.7K | +157.4% |
| 2016 | $260.6K | -20.0% |
| 2017 | $179.5K | -31.1% |
| 2018 | $1.2M | +595.9% |
| 2019 | $2.8M | +120.5% |
| 2020 | $2.8M | +0.4% |
| 2021 | $87.6M | +3067.9% |
| 2022 | $23.6M | -73.0% |
| 2023 | $65.3M | +176.4% |
| 2024 | $30.0M | -54.1% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Montenegro to USA, Puerto Rico and US Virgin Islands | HS 870322 | New corridor | $27.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-usa-870322) |
| Montenegro to Italy | HS 870340 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-ita-870340) |
| Montenegro to CHN | HS 261610 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-chn-261610) |
| Montenegro to Taiwan | HS 851712 | New corridor | $3.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-twn-851712) |
| Montenegro to USA, Puerto Rico and US Virgin Islands | HS 392321 | New corridor | $3.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-usa-392321) |
| Montenegro to Italy | HS 870421 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-ita-870421) |
| Montenegro to Italy | HS 870350 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-ita-870350) |
| Montenegro to China, Hong Kong SAR | HS 847170 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/mne-hkg-847170) |

## 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.