# Montserrat to GBR HS 940599 new corridor signal

This page reviews a reported new-corridor signal for lamps and light fittings: parts thereof, of materials other than glass or plastics. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 61/100
- Reported period: 2024
- Buyer market imports: $189.9M
- Buyer market growth: +5.6%
- Current exporter share: 0.0%
- Share gap: 69.7%

## 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: $189.9M
- Three-year buyer-import projection: $221.2M
- Supplier countries observed: 81
- Average buyer imports: $125.2M
- Historical buyer-import peak: $232.7M
- Full-history buyer-import CAGR: +5.2%
- Latest buyer-import annual change: +5.6%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 69.7%
- Market concentration: 4,914
- Exporter share: 0.0%
- Share gap to peer benchmark: 69.7%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,646 km
- Trade agreement: Reported yes
- Business entry time: 4.5 days
- Shared spoken language score: 0.7

## Buyer economy

- GDP per person: $47.3K
- GDP per-person growth: +7.5%
- Population: 67,327k
- GDP: $3.2T
- GDP five-year CAGR: Not reported
- Investment rate: 17.9%
- Savings rate: 15.6%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.1K | +0.0% |

## Broader route context

Broader Montserrat to GBR route exports provide route context only; they are not presented as HS 940599 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $6.9M | +0.0% |
| 1996 | $11.4M | +65.6% |
| 1997 | $1.8M | -84.4% |
| 1998 | $101.5K | -94.3% |
| 1999 | $110.9K | +9.2% |
| 2000 | $243.1K | +119.2% |
| 2001 | $128.3K | -47.2% |
| 2002 | $174.7K | +36.2% |
| 2003 | $126.0K | -27.9% |
| 2004 | $343.5K | +172.6% |
| 2005 | $197.6K | -42.5% |
| 2006 | $259.9K | +31.5% |
| 2007 | $406.6K | +56.5% |
| 2008 | $417.9K | +2.8% |
| 2009 | $331.4K | -20.7% |
| 2010 | $824.5K | +148.8% |
| 2011 | $108.9K | -86.8% |
| 2012 | $48.4K | -55.5% |
| 2013 | $166.4K | +243.7% |
| 2014 | $43.7K | -73.7% |
| 2015 | $68.9K | +57.8% |
| 2016 | $20.3K | -70.5% |
| 2017 | $34.1K | +67.5% |
| 2018 | $595.1K | +1647.1% |
| 2019 | $286.4K | -51.9% |
| 2020 | $21.5K | -92.5% |
| 2021 | $47.0K | +118.2% |
| 2022 | $466.7K | +893.3% |
| 2023 | $525.9K | +12.7% |
| 2024 | $2.9M | +458.3% |

## 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.