# Russian Federation to Italy HS 721932 new corridor signal

This page reviews a reported new-corridor signal for steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or more but less than 4.75mm. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 96/100
- Reported period: 2024
- Buyer market imports: $216.6M
- Buyer market growth: +16.6%
- Current exporter share: 0.0%
- Share gap: 17.4%

## 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: $216.6M
- Three-year buyer-import projection: $259.1M
- Supplier countries observed: 35
- Average buyer imports: $138.4M
- Historical buyer-import peak: $343.3M
- Full-history buyer-import CAGR: +6.2%
- Latest buyer-import annual change: +16.6%

## Competition landscape

- Top supplier: France
- Top supplier share: 17.5%
- Market concentration: 1,163
- Exporter share: 0.0%
- Share gap to peer benchmark: 17.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 2,383 km
- Trade agreement: Not reported
- Business entry time: 11 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $35.6K
- GDP per-person growth: -5.4%
- Population: 59,066k
- GDP: $2.1T
- GDP five-year CAGR: Not reported
- Investment rate: 21.3%
- Savings rate: 22.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $66.3K | +0.0% |

## Broader route context

Broader Russian Federation to Italy route exports provide route context only; they are not presented as HS 721932 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $4.3B | +0.0% |
| 1996 | $4.1B | -2.6% |
| 1997 | $5.8B | +40.4% |
| 1998 | $3.4B | -41.5% |
| 1999 | $3.7B | +7.8% |
| 2000 | $4.8B | +31.5% |
| 2001 | $4.8B | -1.3% |
| 2002 | $5.0B | +5.3% |
| 2003 | $5.8B | +14.8% |
| 2004 | $8.5B | +47.4% |
| 2005 | $12.0B | +41.9% |
| 2006 | $17.8B | +47.7% |
| 2007 | $20.8B | +17.2% |
| 2008 | $27.2B | +30.6% |
| 2009 | $23.7B | -12.9% |
| 2010 | $26.2B | +10.4% |
| 2011 | $31.6B | +20.8% |
| 2012 | $31.5B | -0.4% |
| 2013 | $35.8B | +13.7% |
| 2014 | $33.0B | -7.8% |
| 2015 | $22.6B | -31.7% |
| 2016 | $12.1B | -46.3% |
| 2017 | $14.1B | +16.1% |
| 2018 | $17.0B | +20.7% |
| 2019 | $15.1B | -11.1% |
| 2020 | $10.2B | -32.2% |
| 2021 | $20.7B | +102.4% |
| 2022 | $27.5B | +32.8% |
| 2023 | $4.9B | -82.1% |
| 2024 | $3.5B | -28.2% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Russian Federation to Canada | HS 999999 | New corridor | $7.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-can-999999) |
| Russian Federation to USA, Puerto Rico and US Virgin Islands | HS 999999 | New corridor | $6.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-usa-999999) |
| Russian Federation to CHN | HS 999999 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-chn-999999) |
| Russian Federation to AUS | HS 300215 | New corridor | $1.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-aus-300215) |
| Russian Federation to CHN | HS 290121 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-chn-290121) |
| Russian Federation to ARE | HS 870380 | New corridor | $1.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-are-870380) |
| Russian Federation to Germany | HS 870350 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-deu-870350) |
| Russian Federation to NLD | HS 271600 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rus-nld-271600) |

## 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.