# RWA to India HS 711319 new corridor signal

This page reviews a reported new-corridor signal for jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof. 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: $2.7B
- Buyer market growth: +36.9%
- Current exporter share: 0.1%
- Share gap: 30.7%

## 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: $2.7B
- Three-year buyer-import projection: $4.9B
- Supplier countries observed: 64
- Average buyer imports: $746.8M
- Historical buyer-import peak: $4.8B
- Full-history buyer-import CAGR: +21.4%
- Latest buyer-import annual change: +36.9%

## Competition landscape

- Top supplier: Indonesia + Timor-Leste
- Top supplier share: 30.8%
- Market concentration: 1,953
- Exporter share: 0.1%
- Share gap to peer benchmark: 30.7%

## Access profile

- Applied tariff: 52.1%
- MFN tariff: 53.2%
- Preferential tariff: 0.1%
- Approximate distance: 6,067 km
- Trade agreement: Not reported
- Business entry time: 17.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $2.3K
- GDP per-person growth: +36.0%
- Population: 1,393,409k
- GDP: $3.2T
- GDP five-year CAGR: +6.6%
- Investment rate: 35.7%
- Savings rate: 30.9%

## Product-level history

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

## Broader route context

Broader RWA to India route exports provide route context only; they are not presented as HS 711319 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1997 | $20.1K | +0.0% |
| 1999 | $2.2K | -89.0% |
| 2000 | $3.3K | +48.7% |
| 2001 | $75.1K | +2181.3% |
| 2002 | $2.0K | -97.4% |
| 2003 | $119.5 | -93.9% |
| 2004 | $533.3K | +446117.3% |
| 2005 | $125.6K | -76.4% |
| 2006 | $949.8K | +656.1% |
| 2007 | $627.1K | -34.0% |
| 2008 | $7.3M | +1059.6% |
| 2009 | $563.3K | -92.3% |
| 2010 | $196.0K | -65.2% |
| 2011 | $199.5K | +1.8% |
| 2012 | $309.5K | +55.2% |
| 2013 | $259.7K | -16.1% |
| 2014 | $581.5K | +123.9% |
| 2015 | $2.2M | +273.1% |
| 2016 | $856.6K | -60.5% |
| 2017 | $11.3M | +1224.2% |
| 2018 | $6.9M | -39.2% |
| 2019 | $5.0M | -27.0% |
| 2020 | $7.2M | +42.3% |
| 2021 | $8.1M | +12.9% |
| 2022 | $55.4M | +584.3% |
| 2023 | $26.7M | -51.8% |
| 2024 | $37.9M | +41.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| RWA to SGP | HS 854232 | New corridor | $11.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-sgp-854232) |
| RWA to USA, Puerto Rico and US Virgin Islands | HS 300212 | New corridor | $8.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-usa-300212) |
| RWA to USA, Puerto Rico and US Virgin Islands | HS 940161 | New corridor | $6.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-usa-940161) |
| RWA to CHN | HS 382499 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-chn-382499) |
| RWA to USA, Puerto Rico and US Virgin Islands | HS 851220 | New corridor | $5.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-usa-851220) |
| RWA to SGP | HS 711319 | New corridor | $4.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-sgp-711319) |
| RWA to China, Hong Kong SAR | HS 847170 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-hkg-847170) |
| RWA to USA, Puerto Rico and US Virgin Islands | HS 841950 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/rwa-usa-841950) |

## 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.