# Oman to Spain HS 390140 new corridor signal

This page reviews a reported new-corridor signal for ethylene polymers: in primary forms, ethylene-alpha-olefin copolymers, having a specific gravity of less than 0.94. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $385.0M
- Buyer market growth: +13.0%
- Current exporter share: 0.1%
- Share gap: 44.5%

## 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: $385.0M
- Three-year buyer-import projection: $515.2M
- Supplier countries observed: 38
- Average buyer imports: $154.2M
- Historical buyer-import peak: $462.0M
- Full-history buyer-import CAGR: +10.2%
- Latest buyer-import annual change: +13.0%

## Competition landscape

- Top supplier: USA, Puerto Rico and US Virgin Islands
- Top supplier share: 44.6%
- Market concentration: 2,438
- Exporter share: 0.1%
- Share gap to peer benchmark: 44.5%

## Access profile

- Applied tariff: 1.9%
- MFN tariff: 5.9%
- Preferential tariff: 1.6%
- Approximate distance: 6,044 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: +4.2%
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $390.6K | +0.0% |

## Broader route context

Broader Oman to Spain route exports provide route context only; they are not presented as HS 390140 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $1.6M | +0.0% |
| 1996 | $2.3M | +44.1% |
| 1997 | $6.5M | +177.1% |
| 1998 | $7.5M | +16.0% |
| 1999 | $29.4M | +292.0% |
| 2000 | $16.1M | -45.2% |
| 2001 | $118.5M | +635.4% |
| 2002 | $155.7M | +31.4% |
| 2003 | $48.1M | -69.1% |
| 2004 | $141.7M | +194.9% |
| 2005 | $290.7M | +105.1% |
| 2006 | $202.6M | -30.3% |
| 2007 | $121.3M | -40.1% |
| 2008 | $134.1M | +10.6% |
| 2009 | $345.2M | +157.4% |
| 2010 | $71.0M | -79.4% |
| 2011 | $265.8M | +274.5% |
| 2012 | $94.2M | -64.6% |
| 2013 | $181.9M | +93.1% |
| 2014 | $56.4M | -69.0% |
| 2015 | $82.9M | +47.0% |
| 2016 | $20.5M | -75.2% |
| 2017 | $40.7M | +98.1% |
| 2018 | $21.6M | -46.9% |
| 2019 | $48.5M | +124.8% |
| 2020 | $29.5M | -39.2% |
| 2021 | $89.3M | +202.7% |
| 2022 | $394.5M | +341.8% |
| 2023 | $286.3M | -27.4% |
| 2024 | $153.1M | -46.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Oman to CHN | HS 270112 | New corridor | $31.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-chn-270112) |
| Oman to SGP | HS 854232 | New corridor | $11.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-sgp-854232) |
| Oman to USA, Puerto Rico and US Virgin Islands | HS 950450 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-usa-950450) |
| Oman to IRL | HS 271019 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-irl-271019) |
| Oman to KOR | HS 853400 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-kor-853400) |
| Oman to Spain | HS 260300 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-esp-260300) |
| Oman to USA, Puerto Rico and US Virgin Islands | HS 854232 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-usa-854232) |
| Oman to USA, Puerto Rico and US Virgin Islands | HS 940179 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/omn-usa-940179) |

## 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.