# NRU to GBR HS 940510 new corridor signal

This page reviews a reported new-corridor signal for chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 72/100
- Reported period: 2024
- Buyer market imports: $630.9M
- Buyer market growth: -4.6%
- Current exporter share: 0.0%
- Share gap: 63.0%

## 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: $630.9M
- Three-year buyer-import projection: $756.5M
- Supplier countries observed: 87
- Average buyer imports: $413.3M
- Historical buyer-import peak: $752.7M
- Full-history buyer-import CAGR: +6.2%
- Latest buyer-import annual change: -4.6%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 63.0%
- Market concentration: 4,070
- Exporter share: 0.0%
- Share gap to peer benchmark: 63.0%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 14,233 km
- Trade agreement: Not reported
- Business entry time: 4.5 days
- Shared spoken language score: 1

## 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 | $3.8K | +0.0% |

## Broader route context

Broader NRU to GBR route exports provide route context only; they are not presented as HS 940510 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $193.3K | +0.0% |
| 1996 | $164.8K | -14.7% |
| 1997 | $42.1K | -74.4% |
| 1998 | $139.6K | +231.3% |
| 1999 | $78.0K | -44.1% |
| 2000 | $14.6K | -81.2% |
| 2002 | $54.2K | +270.3% |
| 2003 | $234.6K | +332.9% |
| 2004 | $128.6K | -45.2% |
| 2005 | $231.7K | +80.1% |
| 2006 | $142.9K | -38.3% |
| 2007 | $1.1M | +658.9% |
| 2008 | $46.2K | -95.7% |
| 2009 | $46.2K | -0.0% |
| 2010 | $460.7K | +896.3% |
| 2012 | $48.9K | -89.4% |
| 2013 | $154.4K | +216.1% |
| 2014 | $57.8K | -62.6% |
| 2015 | $96.4K | +66.8% |
| 2016 | $49.3K | -48.8% |
| 2017 | $18.4K | -62.7% |
| 2018 | $256.9K | +1296.7% |
| 2019 | $58.6K | -77.2% |
| 2020 | $83.1K | +41.9% |
| 2021 | $1.3M | +1441.8% |
| 2022 | $2.8M | +120.5% |
| 2023 | $377.0K | -86.7% |
| 2024 | $459.2K | +21.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| NRU to France | HS 271019 | New corridor | $24.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-fra-271019) |
| NRU to CHN | HS 853400 | New corridor | $7.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-chn-853400) |
| NRU to SGP | HS 847330 | New corridor | $4.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-sgp-847330) |
| NRU to USA, Puerto Rico and US Virgin Islands | HS 940350 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-usa-940350) |
| NRU to France | HS 850760 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-fra-850760) |
| NRU to France | HS 401110 | New corridor | $3.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-fra-401110) |
| NRU to USA, Puerto Rico and US Virgin Islands | HS 852859 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-usa-852859) |
| NRU to France | HS 853710 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nru-fra-853710) |

## 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.