# TTO to Thailand HS 870870 new corridor signal

This page reviews a reported new-corridor signal for vehicle parts: road wheels and parts and accessories thereof. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 69/100
- Reported period: 2024
- Buyer market imports: $318.2M
- Buyer market growth: +4.5%
- Current exporter share: 0.0%
- Share gap: 87.3%

## 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: $318.2M
- Three-year buyer-import projection: $440.9M
- Supplier countries observed: 54
- Average buyer imports: $127.5M
- Historical buyer-import peak: $388.5M
- Full-history buyer-import CAGR: +11.5%
- Latest buyer-import annual change: +4.5%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 87.3%
- Market concentration: 7,641
- Exporter share: 0.0%
- Share gap to peer benchmark: 87.3%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 16,673 km
- Trade agreement: Not reported
- Business entry time: 6 days
- Shared spoken language score: 0.1

## Buyer economy

- GDP per person: $7.2K
- GDP per-person growth: +16.9%
- Population: 69,951k
- GDP: $506.0B
- GDP five-year CAGR: Not reported
- Investment rate: 25.5%
- Savings rate: 30.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $2.9K | +0.0% |

## Broader route context

Broader TTO to Thailand route exports provide route context only; they are not presented as HS 870870 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $3.9K | +0.0% |
| 1996 | $9.6K | +147.8% |
| 1997 | $82.1K | +753.6% |
| 1998 | $114.4K | +39.4% |
| 1999 | $55.4K | -51.5% |
| 2000 | $9.5K | -82.9% |
| 2001 | $75.1K | +694.2% |
| 2002 | $62.8K | -16.4% |
| 2003 | $1.8K | -97.1% |
| 2004 | $5.6M | +312564.7% |
| 2005 | $654.8K | -88.4% |
| 2006 | $1.3M | +105.6% |
| 2007 | $833.5K | -38.1% |
| 2008 | $4.7M | +460.8% |
| 2009 | $532.8K | -88.6% |
| 2010 | $1.2M | +128.0% |
| 2011 | $7.7M | +535.3% |
| 2012 | $34.2M | +342.7% |
| 2013 | $13.3M | -61.0% |
| 2014 | $44.8M | +236.5% |
| 2015 | $7.3M | -83.7% |
| 2016 | $5.4M | -26.2% |
| 2017 | $8.7M | +62.5% |
| 2018 | $129.6M | +1381.0% |
| 2019 | $32.8M | -74.7% |
| 2020 | $30.3M | -7.5% |
| 2021 | $87.9M | +189.5% |
| 2022 | $262.8M | +199.1% |
| 2023 | $134.0M | -49.0% |
| 2024 | $102.6M | -23.4% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| TTO to CHN | HS 847170 | New corridor | $12.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-chn-847170) |
| TTO to CHN | HS 740200 | New corridor | $6.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-chn-740200) |
| TTO to CHN | HS 382499 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-chn-382499) |
| TTO to CHN | HS 382200 | New corridor | $4.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-chn-382200) |
| TTO to India | HS 852990 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-ind-852990) |
| TTO to KOR | HS 870340 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-kor-870340) |
| TTO to Canada | HS 870840 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-can-870840) |
| TTO to Bangladesh | HS 271111 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/tto-bgd-271111) |

## 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.