# PER to BRA HS 721070 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: flat-rolled, width 600mm or more, painted, varnished or coated with plastics. 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: $283.7M
- Buyer market growth: +48.7%
- Current exporter share: 1.0%
- Share gap: 74.7%

## 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: $283.7M
- Three-year buyer-import projection: $436.3M
- Supplier countries observed: 22
- Average buyer imports: $71.3M
- Historical buyer-import peak: $283.7M
- Full-history buyer-import CAGR: +15.4%
- Latest buyer-import annual change: +48.7%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 75.7%
- Market concentration: 6,085
- Exporter share: 1.0%
- Share gap to peer benchmark: 74.7%

## Access profile

- Applied tariff: 28.1%
- MFN tariff: 28.8%
- Preferential tariff: 19.6%
- Approximate distance: 3,455 km
- Trade agreement: Not reported
- Business entry time: 16.6 days
- Shared spoken language score: 0.1

## Buyer economy

- GDP per person: $7.5K
- GDP per-person growth: +1.7%
- Population: 213,993k
- GDP: $1.6T
- GDP five-year CAGR: +3.1%
- Investment rate: 19.2%
- Savings rate: 16.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $2.7M | +0.0% |

## Broader route context

Broader PER to BRA route exports provide route context only; they are not presented as HS 721070 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $205.4M | +0.0% |
| 1996 | $254.9M | +24.1% |
| 1997 | $271.7M | +6.6% |
| 1998 | $189.4M | -30.3% |
| 1999 | $182.6M | -3.6% |
| 2000 | $212.7M | +16.5% |
| 2001 | $230.2M | +8.2% |
| 2002 | $205.1M | -10.9% |
| 2003 | $233.3M | +13.8% |
| 2004 | $353.7M | +51.6% |
| 2005 | $455.5M | +28.8% |
| 2006 | $801.5M | +75.9% |
| 2007 | $967.3M | +20.7% |
| 2008 | $925.1M | -4.4% |
| 2009 | $493.2M | -46.7% |
| 2010 | $961.2M | +94.9% |
| 2011 | $1.3B | +38.5% |
| 2012 | $1.4B | +8.4% |
| 2013 | $1.8B | +27.4% |
| 2014 | $1.7B | -10.0% |
| 2015 | $1.2B | -25.5% |
| 2016 | $1.2B | -0.2% |
| 2017 | $1.6B | +30.8% |
| 2018 | $1.8B | +11.6% |
| 2019 | $1.5B | -17.1% |
| 2020 | $744.1M | -49.9% |
| 2021 | $1.1B | +52.3% |
| 2022 | $1.5B | +28.3% |
| 2023 | $1.6B | +11.7% |
| 2024 | $1.5B | -9.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| PER to SVN | HS 300490 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-svn-300490) |
| PER to France | HS 300215 | New corridor | $6.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-fra-300215) |
| PER to CHN | HS 290531 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-chn-290531) |
| PER to AUS | HS 870333 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-aus-870333) |
| PER to India | HS 850760 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-ind-850760) |
| PER to India | HS 841112 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-ind-841112) |
| PER to Czech Republic | HS 854430 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-cze-854430) |
| PER to Malaysia | HS 848690 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/per-mys-848690) |

## 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.