# PAN to China, Hong Kong SAR HS 711291 new corridor signal

This page reviews a reported new-corridor signal for waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals. 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: $1.5B
- Buyer market growth: +10.6%
- Current exporter share: 0.0%
- Share gap: 36.4%

## 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: $1.5B
- Three-year buyer-import projection: $2.3B
- Supplier countries observed: 21
- Average buyer imports: $628.8M
- Historical buyer-import peak: $3.4B
- Full-history buyer-import CAGR: +15.5%
- Latest buyer-import annual change: +10.6%

## Competition landscape

- Top supplier: Philippines
- Top supplier share: 36.5%
- Market concentration: 3,242
- Exporter share: 0.0%
- Share gap to peer benchmark: 36.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 16,254 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $49.7K
- GDP per-person growth: +4.8%
- Population: 7,413k
- GDP: $368.1B
- GDP five-year CAGR: Not reported
- Investment rate: 23.0%
- Savings rate: 22.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $345.5K | +0.0% |

## Broader route context

Broader PAN to China, Hong Kong SAR route exports provide route context only; they are not presented as HS 711291 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $16.7M | +0.0% |
| 1996 | $22.9M | +36.8% |
| 1997 | $19.7M | -13.8% |
| 1998 | $15.9M | -19.5% |
| 1999 | $21.2M | +33.8% |
| 2000 | $21.1M | -0.8% |
| 2001 | $17.9M | -15.2% |
| 2002 | $12.9M | -27.5% |
| 2003 | $16.3M | +26.2% |
| 2004 | $14.9M | -8.5% |
| 2005 | $15.7M | +5.4% |
| 2006 | $19.9M | +26.6% |
| 2007 | $22.8M | +14.3% |
| 2008 | $21.1M | -7.4% |
| 2009 | $21.0M | -0.3% |
| 2010 | $20.9M | -0.7% |
| 2011 | $25.2M | +20.9% |
| 2012 | $31.0M | +22.7% |
| 2013 | $29.6M | -4.5% |
| 2014 | $38.8M | +31.3% |
| 2015 | $39.5M | +1.7% |
| 2016 | $51.4M | +30.2% |
| 2017 | $43.3M | -15.7% |
| 2018 | $66.3M | +52.9% |
| 2019 | $77.9M | +17.5% |
| 2020 | $40.4M | -48.1% |
| 2021 | $16.9M | -58.1% |
| 2022 | $24.9M | +47.4% |
| 2023 | $33.7M | +35.2% |
| 2024 | $25.4M | -24.4% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| PAN to SGP | HS 270900 | New corridor | $27.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-sgp-270900) |
| PAN to BRA | HS 271012 | New corridor | $4.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-bra-271012) |
| PAN to NLD | HS 870360 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-nld-870360) |
| PAN to CHN | HS 020714 | New corridor | $2.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-chn-020714) |
| PAN to Finland | HS 271019 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-fin-271019) |
| PAN to Germany | HS 721049 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-deu-721049) |
| PAN to Spain | HS 150910 | New corridor | $1.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-esp-150910) |
| PAN to Spain | HS 711291 | New corridor | $1.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/pan-esp-711291) |

## 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.