# Senegal to Philippines HS 853710 new corridor signal

This page reviews a reported new-corridor signal for boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 64/100
- Reported period: 2024
- Buyer market imports: $317.6M
- Buyer market growth: +31.9%
- Current exporter share: 0.0%
- Share gap: 26.2%

## 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: $317.6M
- Three-year buyer-import projection: $418.3M
- Supplier countries observed: 84
- Average buyer imports: $101.4M
- Historical buyer-import peak: $317.6M
- Full-history buyer-import CAGR: +9.6%
- Latest buyer-import annual change: +31.9%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 26.2%
- Market concentration: 1,232
- Exporter share: 0.0%
- Share gap to peer benchmark: 26.2%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 14,417 km
- Trade agreement: Not reported
- Business entry time: 33 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $3.5K
- GDP per-person growth: +28.1%
- Population: 111,047k
- GDP: $394.1B
- GDP five-year CAGR: Not reported
- Investment rate: 21.2%
- Savings rate: 15.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $1.6K | +0.0% |

## Broader route context

Broader Senegal to Philippines route exports provide route context only; they are not presented as HS 853710 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $297.0K | +0.0% |
| 1996 | $1.4M | +361.9% |
| 1999 | $95.4K | -93.0% |
| 2000 | $235.0K | +146.3% |
| 2001 | $129.7K | -44.8% |
| 2002 | $266.8K | +105.7% |
| 2003 | $150.8K | -43.5% |
| 2004 | $284.1K | +88.4% |
| 2005 | $13.1K | -95.4% |
| 2006 | $11.1K | -15.3% |
| 2007 | $15.5K | +38.8% |
| 2008 | $40.3K | +160.5% |
| 2009 | $47.0K | +16.7% |
| 2010 | $226.6K | +382.3% |
| 2011 | $6.1K | -97.3% |
| 2012 | $30.2K | +397.6% |
| 2013 | $399.1K | +1221.8% |
| 2014 | $36.1K | -91.0% |
| 2015 | $432.7 | -98.8% |
| 2016 | $53.3K | +12217.1% |
| 2017 | $18.0K | -66.2% |
| 2018 | $55.4K | +207.7% |
| 2019 | $3.4K | -93.8% |
| 2020 | $1.0M | +30108.0% |
| 2021 | $433.4K | -57.9% |
| 2022 | $12.6K | -97.1% |
| 2023 | $3.4K | -72.6% |
| 2024 | $4.1M | +120098.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Senegal to CHN | HS 270900 | New corridor | $291.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-chn-270900) |
| Senegal to Italy | HS 270900 | New corridor | $38.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-ita-270900) |
| Senegal to Malaysia | HS 854231 | New corridor | $21.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-mys-854231) |
| Senegal to SGP | HS 271012 | New corridor | $20.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-sgp-271012) |
| Senegal to Thailand | HS 710812 | New corridor | $14.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-tha-710812) |
| Senegal to CHN | HS 854140 | New corridor | $6.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-chn-854140) |
| Senegal to USA, Puerto Rico and US Virgin Islands | HS 611030 | New corridor | $5.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-usa-611030) |
| Senegal to Austria | HS 300212 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-aut-300212) |

## 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.