# Saudi Arabia to KOR HS 848620 new corridor signal

This page reviews a reported new-corridor signal for machines and apparatus of a kind used solely or principally for the manufacture of semiconductor devices or of electronic integrated circuits. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 53/100
- Reported period: 2024
- Buyer market imports: $12.1B
- Buyer market growth: -2.1%
- Current exporter share: 0.0%
- Share gap: 36.5%

## 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: $12.1B
- Three-year buyer-import projection: $16.6B
- Supplier countries observed: 36
- Average buyer imports: $5.1B
- Historical buyer-import peak: $16.0B
- Full-history buyer-import CAGR: +11.3%
- Latest buyer-import annual change: -2.1%

## Competition landscape

- Top supplier: NLD
- Top supplier share: 36.5%
- Market concentration: 2,355
- Exporter share: 0.0%
- Share gap to peer benchmark: 36.5%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,557 km
- Trade agreement: Not reported
- Business entry time: 8 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $34.8K
- GDP per-person growth: +8.6%
- Population: 51,745k
- GDP: $1.8T
- GDP five-year CAGR: Not reported
- Investment rate: 32.1%
- Savings rate: 33.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $456.7 | +0.0% |

## Broader route context

Broader Saudi Arabia to KOR route exports provide route context only; they are not presented as HS 848620 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $5.3B | +0.0% |
| 1996 | $6.4B | +21.0% |
| 1997 | $6.7B | +5.4% |
| 1998 | $3.6B | -46.0% |
| 1999 | $5.5B | +51.8% |
| 2000 | $9.4B | +70.1% |
| 2001 | $7.7B | -18.1% |
| 2002 | $8.2B | +6.5% |
| 2003 | $9.2B | +12.5% |
| 2004 | $11.8B | +28.7% |
| 2005 | $16.4B | +38.2% |
| 2006 | $19.8B | +21.0% |
| 2007 | $21.0B | +5.9% |
| 2008 | $31.8B | +51.7% |
| 2009 | $19.1B | -39.9% |
| 2010 | $26.1B | +36.4% |
| 2011 | $35.8B | +37.1% |
| 2012 | $38.0B | +6.3% |
| 2013 | $35.8B | -5.8% |
| 2014 | $34.1B | -4.8% |
| 2015 | $19.5B | -42.7% |
| 2016 | $15.3B | -21.8% |
| 2017 | $19.5B | +27.8% |
| 2018 | $25.5B | +30.7% |
| 2019 | $21.0B | -17.5% |
| 2020 | $14.8B | -29.5% |
| 2021 | $23.9B | +60.9% |
| 2022 | $40.1B | +67.9% |
| 2023 | $29.8B | -25.7% |
| 2024 | $29.6B | -0.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Saudi Arabia to Japan | HS 854239 | New corridor | $11.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-jpn-854239) |
| Saudi Arabia to CHN | HS 880240 | New corridor | $11.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-chn-880240) |
| Saudi Arabia to Iraq | HS 710812 | New corridor | $9.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-irq-710812) |
| Saudi Arabia to USA, Puerto Rico and US Virgin Islands | HS 740311 | New corridor | $8.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-usa-740311) |
| Saudi Arabia to France | HS 870380 | New corridor | $7.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-fra-870380) |
| Saudi Arabia to CHN | HS 470321 | New corridor | $5.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-chn-470321) |
| Saudi Arabia to CHN | HS 520100 | New corridor | $4.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-chn-520100) |
| Saudi Arabia to China, Hong Kong SAR | HS 854233 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sau-hkg-854233) |

## 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.