# Norway to Greece HS 740311 new corridor signal

This page reviews a reported new-corridor signal for copper: refined, unwrought, cathodes and sections of cathodes. 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: $685.6M
- Buyer market growth: +30.8%
- Current exporter share: 3.0%
- Share gap: 38.6%

## 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: $685.6M
- Three-year buyer-import projection: $802.8M
- Supplier countries observed: 17
- Average buyer imports: $358.1M
- Historical buyer-import peak: $686.9M
- Full-history buyer-import CAGR: +5.4%
- Latest buyer-import annual change: +30.8%

## Competition landscape

- Top supplier: Congo
- Top supplier share: 41.6%
- Market concentration: 2,240
- Exporter share: 3.0%
- Share gap to peer benchmark: 38.6%

## Access profile

- Applied tariff: 4.4%
- MFN tariff: 5.9%
- Preferential tariff: 0.7%
- Approximate distance: 2,606 km
- Trade agreement: Reported yes
- Business entry time: 4 days
- Shared spoken language score: 0.4

## Buyer economy

- GDP per person: $20.3K
- GDP per-person growth: -13.5%
- Population: 10,665k
- GDP: $216.2B
- GDP five-year CAGR: +4.3%
- Investment rate: 20.7%
- Savings rate: 14.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $20.3M | +0.0% |

## Broader route context

Broader Norway to Greece route exports provide route context only; they are not presented as HS 740311 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $136.9M | +0.0% |
| 1996 | $83.9M | -38.7% |
| 1997 | $122.3M | +45.7% |
| 1998 | $139.2M | +13.8% |
| 1999 | $79.2M | -43.1% |
| 2000 | $183.2M | +131.3% |
| 2001 | $180.6M | -1.4% |
| 2002 | $114.1M | -36.8% |
| 2003 | $131.7M | +15.5% |
| 2004 | $130.9M | -0.6% |
| 2005 | $172.2M | +31.6% |
| 2006 | $159.5M | -7.4% |
| 2007 | $203.5M | +27.6% |
| 2008 | $584.5M | +187.2% |
| 2009 | $214.8M | -63.3% |
| 2010 | $271.9M | +26.6% |
| 2011 | $179.4M | -34.0% |
| 2012 | $360.2M | +100.8% |
| 2013 | $192.5M | -46.6% |
| 2014 | $209.7M | +8.9% |
| 2015 | $139.8M | -33.3% |
| 2016 | $105.8M | -24.3% |
| 2017 | $122.2M | +15.5% |
| 2018 | $122.9M | +0.6% |
| 2019 | $232.5M | +89.2% |
| 2020 | $224.0M | -3.7% |
| 2021 | $741.5M | +231.0% |
| 2022 | $439.7M | -40.7% |
| 2023 | $663.7M | +50.9% |
| 2024 | $1.1B | +60.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Norway to NLD | HS 300214 | New corridor | $4.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-nld-300214) |
| Norway to Slovakia | HS 270900 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-svk-270900) |
| Norway to USA, Puerto Rico and US Virgin Islands | HS 080390 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-usa-080390) |
| Norway to IRL | HS 300214 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-irl-300214) |
| Norway to USA, Puerto Rico and US Virgin Islands | HS 240210 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-usa-240210) |
| Norway to Ecuador | HS 271012 | New corridor | $986.9M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-ecu-271012) |
| Norway to India | HS 293499 | New corridor | $895.5M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-ind-293499) |
| Norway to El Salvador | HS 271019 | New corridor | $889.5M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nor-slv-271019) |

## 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.