# SGP to Spain HS 390769 new corridor signal

This page reviews a reported new-corridor signal for poly(ethylene terephthalate): in primary forms, having a viscosity of less than 78ml/g. 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: $102.3M
- Buyer market growth: +38.0%
- Current exporter share: 0.3%
- Share gap: 17.3%

## 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: $102.3M
- Three-year buyer-import projection: $109.9M
- Supplier countries observed: 59
- Average buyer imports: $62.6M
- Historical buyer-import peak: $105.6M
- Full-history buyer-import CAGR: +2.4%
- Latest buyer-import annual change: +38.0%

## Competition landscape

- Top supplier: France
- Top supplier share: 17.6%
- Market concentration: 854
- Exporter share: 0.3%
- Share gap to peer benchmark: 17.3%

## Access profile

- Applied tariff: 1.9%
- MFN tariff: 5.9%
- Preferential tariff: 1.7%
- Approximate distance: 11,400 km
- Trade agreement: Reported yes
- Business entry time: 12.5 days
- Shared spoken language score: 0.2

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: +4.2%
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $305.5K | +0.0% |

## Broader route context

Broader SGP to Spain route exports provide route context only; they are not presented as HS 390769 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $314.1M | +0.0% |
| 1996 | $298.3M | -5.0% |
| 1997 | $324.1M | +8.7% |
| 1998 | $391.3M | +20.7% |
| 1999 | $395.1M | +1.0% |
| 2000 | $386.0M | -2.3% |
| 2001 | $355.4M | -7.9% |
| 2002 | $376.0M | +5.8% |
| 2003 | $459.4M | +22.2% |
| 2004 | $488.1M | +6.2% |
| 2005 | $436.8M | -10.5% |
| 2006 | $659.7M | +51.0% |
| 2007 | $517.1M | -21.6% |
| 2008 | $574.3M | +11.1% |
| 2009 | $419.0M | -27.0% |
| 2010 | $491.3M | +17.2% |
| 2011 | $491.9M | +0.1% |
| 2012 | $447.5M | -9.0% |
| 2013 | $478.0M | +6.8% |
| 2014 | $470.8M | -1.5% |
| 2015 | $447.2M | -5.0% |
| 2016 | $368.7M | -17.6% |
| 2017 | $365.1M | -1.0% |
| 2018 | $474.3M | +29.9% |
| 2019 | $534.0M | +12.6% |
| 2020 | $380.8M | -28.7% |
| 2021 | $522.0M | +37.1% |
| 2022 | $485.9M | -6.9% |
| 2023 | $459.5M | -5.5% |
| 2024 | $577.0M | +25.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| SGP to Italy | HS 870340 | New corridor | $7.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-ita-870340) |
| SGP to Taiwan | HS 880240 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-twn-880240) |
| SGP to USA, Puerto Rico and US Virgin Islands | HS 170114 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-usa-170114) |
| SGP to Poland | HS 760120 | New corridor | $1.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-pol-760120) |
| SGP to Italy | HS 040690 | New corridor | $1.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-ita-040690) |
| SGP to Poland | HS 740400 | New corridor | $1.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-pol-740400) |
| SGP to Canada | HS 870490 | New corridor | $996.1M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-can-870490) |
| SGP to Canada | HS 150790 | New corridor | $739.4M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sgp-can-150790) |

## 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.