# SYR to Norway HS 848120 new corridor signal

This page reviews a reported new-corridor signal for valves: for oleohydraulic or pneumatic transmissions. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 52/100
- Reported period: 2024
- Buyer market imports: $114.4M
- Buyer market growth: +50.5%
- Current exporter share: 0.0%
- Share gap: 34.9%

## 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: $114.4M
- Three-year buyer-import projection: $131.4M
- Supplier countries observed: 69
- Average buyer imports: $65.5M
- Historical buyer-import peak: $127.2M
- Full-history buyer-import CAGR: +4.7%
- Latest buyer-import annual change: +50.5%

## Competition landscape

- Top supplier: GBR
- Top supplier share: 34.9%
- Market concentration: 1,876
- Exporter share: 0.0%
- Share gap to peer benchmark: 34.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,481 km
- Trade agreement: Not reported
- Business entry time: 4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $89.2K
- GDP per-person growth: +6.7%
- Population: 5,408k
- GDP: $482.4B
- GDP five-year CAGR: Not reported
- Investment rate: 24.5%
- Savings rate: 34.3%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $379.8 | +0.0% |

## Broader route context

Broader SYR to Norway route exports provide route context only; they are not presented as HS 848120 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $407.7K | +0.0% |
| 1996 | $295.9K | -27.4% |
| 1997 | $392.4K | +32.6% |
| 1998 | $198.0K | -49.5% |
| 1999 | $172.9K | -12.7% |
| 2000 | $62.7K | -63.7% |
| 2001 | $227.4K | +262.5% |
| 2002 | $2.8M | +1113.4% |
| 2003 | $3.2M | +15.3% |
| 2004 | $4.1M | +28.7% |
| 2005 | $1.7M | -58.3% |
| 2006 | $678.2K | -60.3% |
| 2007 | $645.4K | -4.8% |
| 2008 | $583.8K | -9.5% |
| 2009 | $687.1K | +17.7% |
| 2010 | $639.4K | -6.9% |
| 2011 | $738.7K | +15.5% |
| 2012 | $650.7K | -11.9% |
| 2013 | $185.8K | -71.4% |
| 2014 | $93.0K | -49.9% |
| 2015 | $65.2K | -29.9% |
| 2016 | $137.7K | +111.2% |
| 2017 | $274.5K | +99.4% |
| 2018 | $570.3K | +107.8% |
| 2019 | $517.7K | -9.2% |
| 2020 | $1.1M | +103.5% |
| 2021 | $1.1M | +5.0% |
| 2022 | $645.4K | -41.7% |
| 2023 | $772.5K | +19.7% |
| 2024 | $791.6K | +2.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| SYR to Germany | HS 293499 | New corridor | $5.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-deu-293499) |
| SYR to Canada | HS 880330 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-can-880330) |
| SYR to USA, Puerto Rico and US Virgin Islands | HS 903180 | New corridor | $4.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-usa-903180) |
| SYR to USA, Puerto Rico and US Virgin Islands | HS 848340 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-usa-848340) |
| SYR to France | HS 854430 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-fra-854430) |
| SYR to NLD | HS 100590 | New corridor | $1.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-nld-100590) |
| SYR to Germany | HS 392020 | New corridor | $833.1M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-deu-392020) |
| SYR to USA, Puerto Rico and US Virgin Islands | HS 441114 | New corridor | $745.5M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/syr-usa-441114) |

## 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.