# NZL to USA, Puerto Rico and US Virgin Islands HS 110412 new corridor signal

This page reviews a reported new-corridor signal for cereal grains: rolled or flaked, of oats. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 77/100
- Reported period: 2024
- Buyer market imports: $215.0M
- Buyer market growth: +0.1%
- Current exporter share: 0.0%
- Share gap: 92.3%

## 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: $215.0M
- Three-year buyer-import projection: $312.6M
- Supplier countries observed: 52
- Average buyer imports: $79.2M
- Historical buyer-import peak: $239.5M
- Full-history buyer-import CAGR: +13.3%
- Latest buyer-import annual change: +0.1%

## Competition landscape

- Top supplier: Canada
- Top supplier share: 92.3%
- Market concentration: 8,526
- Exporter share: 0.0%
- Share gap to peer benchmark: 92.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 14,546 km
- Trade agreement: Not reported
- Business entry time: 4.2 days
- Shared spoken language score: 0.9

## Buyer economy

- GDP per person: $69.3K
- GDP per-person growth: +7.6%
- Population: 331,894k
- GDP: $23.0T
- GDP five-year CAGR: Not reported
- Investment rate: 21.9%
- Savings rate: 17.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $6.9K | +0.0% |

## Broader route context

Broader NZL to USA, Puerto Rico and US Virgin Islands route exports provide route context only; they are not presented as HS 110412 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $1.5B | +0.0% |
| 1996 | $1.5B | -0.2% |
| 1997 | $1.6B | +6.7% |
| 1998 | $1.6B | +4.3% |
| 1999 | $1.8B | +7.8% |
| 2000 | $1.9B | +9.1% |
| 2001 | $2.0B | +5.6% |
| 2002 | $2.3B | +11.3% |
| 2003 | $2.4B | +6.6% |
| 2004 | $3.0B | +23.4% |
| 2005 | $3.2B | +6.1% |
| 2006 | $3.1B | -2.3% |
| 2007 | $3.1B | +1.1% |
| 2008 | $3.2B | +2.8% |
| 2009 | $2.6B | -19.9% |
| 2010 | $2.8B | +9.8% |
| 2011 | $3.3B | +15.9% |
| 2012 | $3.5B | +7.4% |
| 2013 | $3.5B | -0.9% |
| 2014 | $4.0B | +14.3% |
| 2015 | $4.2B | +5.1% |
| 2016 | $3.9B | -6.5% |
| 2017 | $4.0B | +3.2% |
| 2018 | $4.1B | +1.1% |
| 2019 | $4.0B | -2.2% |
| 2020 | $4.1B | +3.9% |
| 2021 | $4.8B | +16.4% |
| 2022 | $5.2B | +7.2% |
| 2023 | $5.4B | +3.8% |
| 2024 | $5.5B | +3.3% |

## 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.