# Montserrat to Canada HS 853590 new corridor signal

This page reviews a reported new-corridor signal for electrical apparatus: n.e.c. in heading no. 8535, for switching or protecting electrical circuits, for a voltage exceeding 1000 volts. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 48/100
- Reported period: 2024
- Buyer market imports: $185.0M
- Buyer market growth: +10.6%
- Current exporter share: 0.0%
- Share gap: 54.6%

## 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: $185.0M
- Three-year buyer-import projection: $233.1M
- Supplier countries observed: 63
- Average buyer imports: $68.5M
- Historical buyer-import peak: $185.0M
- Full-history buyer-import CAGR: +8.0%
- Latest buyer-import annual change: +10.6%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 54.6%
- Market concentration: 3,332
- Exporter share: 0.0%
- Share gap to peer benchmark: 54.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,408 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0.6

## Buyer economy

- GDP per person: $52.1K
- GDP per-person growth: +3.2%
- Population: 38,246k
- GDP: $2.0T
- GDP five-year CAGR: Not reported
- Investment rate: 22.9%
- Savings rate: 21.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $258.7 | +0.0% |

## Broader route context

Broader Montserrat to Canada route exports provide route context only; they are not presented as HS 853590 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $10.9K | +0.0% |
| 1996 | $137.4K | +1164.3% |
| 1997 | $181.7K | +32.3% |
| 1998 | $17.6K | -90.3% |
| 1999 | $133.7K | +659.2% |
| 2000 | $50.5K | -62.2% |
| 2001 | $65.5K | +29.7% |
| 2002 | $155.6K | +137.6% |
| 2003 | $252.2K | +62.1% |
| 2004 | $163.8K | -35.1% |
| 2005 | $74.6K | -54.5% |
| 2006 | $432.3K | +479.7% |
| 2007 | $186.6K | -56.8% |
| 2008 | $120.3K | -35.5% |
| 2009 | $52.6K | -56.3% |
| 2010 | $281.7K | +435.8% |
| 2011 | $237.9K | -15.6% |
| 2012 | $182.4K | -23.3% |
| 2013 | $30.3K | -83.4% |
| 2014 | $279.1K | +820.8% |
| 2015 | $169.5K | -39.3% |
| 2016 | $46.1K | -72.8% |
| 2017 | $108.5K | +135.2% |
| 2018 | $158.5K | +46.1% |
| 2019 | $188.6K | +18.9% |
| 2020 | $121.6K | -35.5% |
| 2021 | $5.7M | +4625.5% |
| 2022 | $147.4K | -97.4% |
| 2023 | $119.1K | -19.2% |
| 2024 | $98.1K | -17.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Montserrat to USA, Puerto Rico and US Virgin Islands | HS 300490 | New corridor | $76.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-300490) |
| Montserrat to SVN | HS 300490 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-svn-300490) |
| Montserrat to France | HS 870332 | New corridor | $4.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-fra-870332) |
| Montserrat to USA, Puerto Rico and US Virgin Islands | HS 940390 | New corridor | $3.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-usa-940390) |
| Montserrat to Spain | HS 870332 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-esp-870332) |
| Montserrat to SVN | HS 271019 | New corridor | $3.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-svn-271019) |
| Montserrat to Taiwan | HS 300490 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-twn-300490) |
| Montserrat to Belgium | HS 854239 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/msr-bel-854239) |

## 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.