# NPL to Canada HS 150910 new corridor signal

This page reviews a reported new-corridor signal for vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 34/100
- Reported period: 2024
- Buyer market imports: $329.8M
- Buyer market growth: +41.0%
- Current exporter share: 0.0%
- Share gap: 33.6%

## 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: $329.8M
- Three-year buyer-import projection: $447.6M
- Supplier countries observed: 63
- Average buyer imports: $108.5M
- Historical buyer-import peak: $329.8M
- Full-history buyer-import CAGR: +10.7%
- Latest buyer-import annual change: +41.0%

## Competition landscape

- Top supplier: Italy
- Top supplier share: 33.6%
- Market concentration: 2,393
- Exporter share: 0.0%
- Share gap to peer benchmark: 33.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 11,940 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0

## 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 | $47.3 | +0.0% |

## Broader route context

Broader NPL to Canada route exports provide route context only; they are not presented as HS 150910 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $3.3M | +0.0% |
| 1996 | $2.9M | -12.5% |
| 1997 | $3.5M | +22.2% |
| 1998 | $2.2M | -38.2% |
| 1999 | $4.2M | +93.6% |
| 2000 | $6.1M | +43.8% |
| 2001 | $5.5M | -10.2% |
| 2002 | $5.2M | -5.4% |
| 2003 | $6.5M | +26.3% |
| 2004 | $9.4M | +45.0% |
| 2005 | $9.2M | -2.2% |
| 2006 | $10.0M | +8.3% |
| 2007 | $12.4M | +24.4% |
| 2008 | $13.7M | +9.7% |
| 2009 | $11.3M | -17.5% |
| 2010 | $13.4M | +19.2% |
| 2011 | $14.3M | +6.8% |
| 2012 | $10.4M | -27.3% |
| 2013 | $10.7M | +2.9% |
| 2014 | $10.8M | +0.6% |
| 2015 | $10.5M | -2.8% |
| 2016 | $10.8M | +2.6% |
| 2017 | $10.3M | -4.4% |
| 2018 | $10.6M | +3.1% |
| 2019 | $10.1M | -4.8% |
| 2020 | $8.2M | -18.8% |
| 2021 | $10.0M | +22.0% |
| 2022 | $12.2M | +21.9% |
| 2023 | $11.1M | -8.8% |
| 2024 | $11.6M | +4.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| NPL to GBR | HS 271019 | New corridor | $20.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-gbr-271019) |
| NPL to USA, Puerto Rico and US Virgin Islands | HS 840991 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-usa-840991) |
| NPL to USA, Puerto Rico and US Virgin Islands | HS 870850 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-usa-870850) |
| NPL to Canada | HS 847130 | New corridor | $4.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-can-847130) |
| NPL to Indonesia + Timor-Leste | HS 851712 | New corridor | $3.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-idn-851712) |
| NPL to China, Hong Kong SAR | HS 847150 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-hkg-847150) |
| NPL to Germany | HS 300439 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-deu-300439) |
| NPL to Italy | HS 847130 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/npl-ita-847130) |

## 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.