# UGA to Saudi Arabia HS 940510 new corridor signal

This page reviews a reported new-corridor signal for chandeliers and other electric ceiling or wall light fittings: excluding those used for lighting public open spaces or thoroughfares. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 53/100
- Reported period: 2024
- Buyer market imports: $376.9M
- Buyer market growth: +7.7%
- 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: $376.9M
- Three-year buyer-import projection: $471.7M
- Supplier countries observed: 62
- Average buyer imports: $143.6M
- Historical buyer-import peak: $376.9M
- Full-history buyer-import CAGR: +7.8%
- Latest buyer-import annual change: +7.7%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 76.4%
- Market concentration: 5,924
- 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: 3,108 km
- Trade agreement: Not reported
- Business entry time: 10.4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $23.6K
- GDP per-person growth: +3.5%
- Population: 35,341k
- GDP: $833.5B
- GDP five-year CAGR: Not reported
- Investment rate: 26.3%
- Savings rate: 44.2%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $442.5 | +0.0% |

## Broader route context

Broader UGA to Saudi Arabia route exports provide route context only; they are not presented as HS 940510 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $687.8K | +0.0% |
| 1996 | $554.7K | -19.4% |
| 1997 | $1.8M | +228.7% |
| 1998 | $794.0K | -56.5% |
| 1999 | $154.5K | -80.5% |
| 2000 | $1.5M | +897.1% |
| 2001 | $66.0K | -95.7% |
| 2002 | $16.7K | -74.6% |
| 2003 | $365.8K | +2086.0% |
| 2004 | $420.8K | +15.0% |
| 2005 | $40.0K | -90.5% |
| 2006 | $48.4K | +21.1% |
| 2007 | $199.1K | +311.4% |
| 2008 | $1.2M | +511.1% |
| 2009 | $251.8K | -79.3% |
| 2010 | $322.9K | +28.2% |
| 2011 | $624.1K | +93.3% |
| 2012 | $740.9K | +18.7% |
| 2013 | $1.2M | +57.9% |
| 2014 | $1.3M | +12.0% |
| 2015 | $1.6M | +25.2% |
| 2016 | $1.4M | -14.6% |
| 2017 | $3.0M | +115.5% |
| 2018 | $4.9M | +63.5% |
| 2019 | $6.7M | +35.4% |
| 2020 | $4.7M | -29.5% |
| 2021 | $6.1M | +30.3% |
| 2022 | $10.8M | +76.7% |
| 2023 | $8.7M | -19.7% |
| 2024 | $11.4M | +30.5% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| UGA to SGP | HS 710813 | New corridor | $9.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-sgp-710813) |
| UGA to USA, Puerto Rico and US Virgin Islands | HS 870830 | New corridor | $7.9B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-usa-870830) |
| UGA to Germany | HS 293499 | New corridor | $5.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-deu-293499) |
| UGA to CHN | HS 382499 | New corridor | $5.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-chn-382499) |
| UGA to USA, Puerto Rico and US Virgin Islands | HS 870894 | New corridor | $5.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-usa-870894) |
| UGA to Taiwan | HS 853400 | New corridor | $4.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-twn-853400) |
| UGA to USA, Puerto Rico and US Virgin Islands | HS 640411 | New corridor | $3.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-usa-640411) |
| UGA to Nigeria | HS 271019 | New corridor | $3.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/uga-nga-271019) |

## 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.