# TKM to SGP HS 940320 new corridor signal

This page reviews a reported new-corridor signal for furniture: metal, other than for office use. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 51/100
- Reported period: 2024
- Buyer market imports: $283.1M
- Buyer market growth: +7.0%
- Current exporter share: 0.0%
- Share gap: 76.4%

## 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: $283.1M
- Three-year buyer-import projection: $350.8M
- Supplier countries observed: 78
- Average buyer imports: $129.2M
- Historical buyer-import peak: $364.1M
- Full-history buyer-import CAGR: +7.4%
- Latest buyer-import annual change: +7.0%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 76.4%
- Market concentration: 5,955
- Exporter share: 0.0%
- Share gap to peer benchmark: 76.4%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 6,175 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $72.8K
- GDP per-person growth: +7.7%
- Population: 5,454k
- GDP: $397.0B
- GDP five-year CAGR: Not reported
- Investment rate: 27.3%
- Savings rate: 50.8%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $334.2 | +0.0% |

## Broader route context

Broader TKM to SGP route exports provide route context only; they are not presented as HS 940320 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1997 | $3.3M | +0.0% |
| 1998 | $603.9K | -81.8% |
| 1999 | $2.4M | +294.7% |
| 2000 | $1.7M | -30.6% |
| 2001 | $3.2M | +94.4% |
| 2002 | $3.6M | +12.9% |
| 2003 | $4.5M | +23.7% |
| 2004 | $4.8M | +7.0% |
| 2005 | $3.3M | -31.5% |
| 2011 | $784.7K | -76.2% |
| 2012 | $86.7K | -89.0% |
| 2013 | $376.7K | +334.6% |
| 2014 | $33.3K | -91.2% |
| 2015 | $484.1K | +1355.6% |
| 2016 | $1.6M | +235.4% |
| 2017 | $291.3K | -82.1% |
| 2018 | $291.3K | -0.0% |
| 2019 | $27.4M | +9293.2% |
| 2020 | $2.2M | -92.0% |
| 2021 | $20.5M | +830.0% |
| 2022 | $144.5M | +606.0% |
| 2023 | $73.8M | -48.9% |
| 2024 | $104.0M | +40.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| TKM to USA, Puerto Rico and US Virgin Islands | HS 854370 | New corridor | $15.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-usa-854370) |
| TKM 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/tkm-usa-842139) |
| TKM to India | HS 847130 | New corridor | $5.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-ind-847130) |
| TKM to CHN | HS 848180 | New corridor | $4.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-chn-848180) |
| TKM to CHN | HS 261000 | New corridor | $4.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-chn-261000) |
| TKM to India | HS 851762 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-ind-851762) |
| TKM to Ecuador | HS 271019 | New corridor | $3.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-ecu-271019) |
| TKM to USA, Puerto Rico and US Virgin Islands | HS 640391 | New corridor | $3.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tkm-usa-640391) |

## 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.