# NZL to KOR HS 880240 new corridor signal

This page reviews a reported new-corridor signal for aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 57/100
- Reported period: 2024
- Buyer market imports: $2.0B
- Buyer market growth: -22.5%
- Current exporter share: 0.0%
- Share gap: 44.4%

## 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: $2.0B
- Three-year buyer-import projection: $2.0B
- Supplier countries observed: 16
- Average buyer imports: $1.8B
- Historical buyer-import peak: $4.1B
- Full-history buyer-import CAGR: +0.9%
- Latest buyer-import annual change: -22.5%

## Competition landscape

- Top supplier: France
- Top supplier share: 44.4%
- Market concentration: 3,662
- Exporter share: 0.0%
- Share gap to peer benchmark: 44.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 10,294 km
- Trade agreement: Reported yes
- Business entry time: 8 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $34.8K
- GDP per-person growth: +8.6%
- Population: 51,745k
- GDP: $1.8T
- GDP five-year CAGR: Not reported
- Investment rate: 32.1%
- Savings rate: 33.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $724.4 | +0.0% |

## Broader route context

Broader NZL to KOR route exports provide route context only; they are not presented as HS 880240 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $744.5M | +0.0% |
| 1996 | $726.8M | -2.4% |
| 1997 | $679.1M | -6.6% |
| 1998 | $442.1M | -34.9% |
| 1999 | $548.0M | +24.0% |
| 2000 | $638.0M | +16.4% |
| 2001 | $660.4M | +3.5% |
| 2002 | $336.1M | -49.1% |
| 2003 | $628.6M | +87.1% |
| 2004 | $812.7M | +29.3% |
| 2005 | $814.8M | +0.2% |
| 2006 | $893.4M | +9.7% |
| 2007 | $1.0B | +17.0% |
| 2008 | $1.0B | -3.6% |
| 2009 | $806.2M | -20.0% |
| 2010 | $1.1B | +32.1% |
| 2011 | $1.4B | +28.4% |
| 2012 | $1.3B | -7.0% |
| 2013 | $1.3B | +4.3% |
| 2014 | $1.5B | +9.5% |
| 2015 | $1.1B | -22.1% |
| 2016 | $1.0B | -8.0% |
| 2017 | $1.1B | +6.0% |
| 2018 | $1.3B | +15.1% |
| 2019 | $1.2B | -6.7% |
| 2020 | $1.1B | -6.5% |
| 2021 | $1.4B | +27.1% |
| 2022 | $1.7B | +20.8% |
| 2023 | $1.6B | -7.7% |
| 2024 | $1.4B | -8.6% |

## 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 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) |
| NZL to Taiwan | HS 870380 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nzl-twn-870380) |

## 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.