# STP to Philippines HS 871410 new corridor signal

This page reviews a reported new-corridor signal for motorcycles (including mopeds): parts and accessories. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 59/100
- Reported period: 2024
- Buyer market imports: $540.0M
- Buyer market growth: -3.2%
- Current exporter share: 0.0%
- Share gap: 45.9%

## 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: $540.0M
- Three-year buyer-import projection: $759.0M
- Supplier countries observed: 50
- Average buyer imports: $185.6M
- Historical buyer-import peak: $625.9M
- Full-history buyer-import CAGR: +12.0%
- Latest buyer-import annual change: -3.2%

## Competition landscape

- Top supplier: Indonesia + Timor-Leste
- Top supplier share: 45.9%
- Market concentration: 3,655
- Exporter share: 0.0%
- Share gap to peer benchmark: 45.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 12,617 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 | $876.7 | +0.0% |

## Broader route context

Broader STP to Philippines route exports provide route context only; they are not presented as HS 871410 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $86.3K | +0.0% |
| 1996 | $18.2K | -78.9% |
| 1998 | $290.5K | +1498.4% |
| 1999 | $102.4K | -64.7% |
| 2000 | $539.2K | +426.4% |
| 2001 | $711.3K | +31.9% |
| 2002 | $369.7K | -48.0% |
| 2003 | $797.6K | +115.7% |
| 2004 | $119.8K | -85.0% |
| 2005 | $4.3K | -96.5% |
| 2009 | $3.6K | -16.0% |
| 2015 | $11.0K | +208.1% |
| 2016 | $8.5K | -22.8% |
| 2021 | $10.8K | +27.2% |
| 2022 | $4.2K | -60.7% |
| 2023 | $12.3K | +189.4% |
| 2024 | $4.4K | -64.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| STP to Canada | HS 300490 | New corridor | $7.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-can-300490) |
| STP to USA, Puerto Rico and US Virgin Islands | HS 842139 | New corridor | $6.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-usa-842139) |
| STP to SGP | HS 711319 | New corridor | $4.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-sgp-711319) |
| STP to USA, Puerto Rico and US Virgin Islands | HS 910221 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-usa-910221) |
| STP to Sweden | HS 300490 | New corridor | $2.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-swe-300490) |
| STP to GBR | HS 850440 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-gbr-850440) |
| STP to NLD | HS 844399 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-nld-844399) |
| STP to Germany | HS 853669 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/stp-deu-853669) |

## 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.