# NZL to Spain HS 180310 new corridor signal

This page reviews a reported new-corridor signal for cocoa: paste, not defatted. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 36/100
- Reported period: 2024
- Buyer market imports: $199.9M
- Buyer market growth: +158.6%
- Current exporter share: 0.0%
- Share gap: 36.8%

## 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: $199.9M
- Three-year buyer-import projection: $312.5M
- Supplier countries observed: 21
- Average buyer imports: $26.1M
- Historical buyer-import peak: $199.9M
- Full-history buyer-import CAGR: +16.1%
- Latest buyer-import annual change: +158.6%

## Competition landscape

- Top supplier: CIV
- Top supplier share: 36.8%
- Market concentration: 2,284
- Exporter share: 0.0%
- Share gap to peer benchmark: 36.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 19,586 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 0.3

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: Not reported
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $65.8 | +0.0% |

## Broader route context

Broader NZL to Spain route exports provide route context only; they are not presented as HS 180310 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $92.5M | +0.0% |
| 1996 | $66.4M | -28.2% |
| 1997 | $75.0M | +12.9% |
| 1998 | $85.0M | +13.4% |
| 1999 | $78.6M | -7.6% |
| 2000 | $77.6M | -1.3% |
| 2001 | $91.0M | +17.3% |
| 2002 | $91.5M | +0.5% |
| 2003 | $117.3M | +28.2% |
| 2004 | $164.0M | +39.9% |
| 2005 | $190.1M | +15.9% |
| 2006 | $169.9M | -10.6% |
| 2007 | $181.0M | +6.6% |
| 2008 | $205.4M | +13.4% |
| 2009 | $161.6M | -21.3% |
| 2010 | $162.4M | +0.5% |
| 2011 | $200.4M | +23.4% |
| 2012 | $142.1M | -29.1% |
| 2013 | $143.1M | +0.7% |
| 2014 | $152.5M | +6.6% |
| 2015 | $153.5M | +0.6% |
| 2016 | $174.4M | +13.7% |
| 2017 | $160.7M | -7.9% |
| 2018 | $176.0M | +9.6% |
| 2019 | $160.2M | -9.0% |
| 2020 | $190.0M | +18.6% |
| 2021 | $204.8M | +7.8% |
| 2022 | $191.2M | -6.7% |
| 2023 | $186.2M | -2.6% |
| 2024 | $238.9M | +28.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| NZL to CHN | HS 120190 | New corridor | $47.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-120190) |
| NZL to Japan | HS 260300 | New corridor | $12.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-jpn-260300) |
| NZL to Belgium | HS 300215 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-bel-300215) |
| NZL to Germany | HS 293379 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-deu-293379) |
| NZL to CHN | HS 903141 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-chn-903141) |
| NZL to KOR | HS 880240 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-kor-880240) |
| NZL to Kenya | HS 271019 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-ken-271019) |
| NZL to Japan | HS 120190 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-jpn-120190) |

## 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.
