# Uruguay to Spain HS 710812 new corridor signal

This page reviews a reported new-corridor signal for metals: gold, non-monetary, unwrought (but not powder). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $1.3B
- Buyer market growth: -4.4%
- Current exporter share: 0.0%
- Share gap: 60.8%

## 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: $1.3B
- Three-year buyer-import projection: $1.5B
- Supplier countries observed: 28
- Average buyer imports: $359.1M
- Historical buyer-import peak: $1.3B
- Full-history buyer-import CAGR: +6.2%
- Latest buyer-import annual change: -4.4%

## Competition landscape

- Top supplier: France
- Top supplier share: 60.8%
- Market concentration: 4,528
- Exporter share: 0.0%
- Share gap to peer benchmark: 60.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,957 km
- Trade agreement: Not reported
- Business entry time: 12.5 days
- Shared spoken language score: 1

## Buyer economy

- GDP per person: $30.1K
- GDP per-person growth: +1.9%
- Population: 47,327k
- GDP: $1.4T
- GDP five-year CAGR: Not reported
- Investment rate: 24.3%
- Savings rate: 22.0%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $219.8K | +0.0% |

## Broader route context

Broader Uruguay to Spain route exports provide route context only; they are not presented as HS 710812 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $57.3M | +0.0% |
| 1996 | $56.1M | -2.1% |
| 1997 | $68.8M | +22.6% |
| 1998 | $61.5M | -10.6% |
| 1999 | $75.3M | +22.3% |
| 2000 | $69.0M | -8.4% |
| 2001 | $75.8M | +10.0% |
| 2002 | $79.9M | +5.4% |
| 2003 | $89.3M | +11.7% |
| 2004 | $106.6M | +19.3% |
| 2005 | $150.8M | +41.5% |
| 2006 | $134.9M | -10.6% |
| 2007 | $168.6M | +25.0% |
| 2008 | $249.3M | +47.8% |
| 2009 | $195.8M | -21.5% |
| 2010 | $217.9M | +11.3% |
| 2011 | $233.7M | +7.2% |
| 2012 | $131.9M | -43.5% |
| 2013 | $129.1M | -2.2% |
| 2014 | $105.7M | -18.1% |
| 2015 | $106.7M | +1.0% |
| 2016 | $89.1M | -16.6% |
| 2017 | $101.7M | +14.1% |
| 2018 | $110.1M | +8.3% |
| 2019 | $106.0M | -3.8% |
| 2020 | $76.1M | -28.2% |
| 2021 | $117.2M | +54.1% |
| 2022 | $140.6M | +19.9% |
| 2023 | $139.4M | -0.9% |
| 2024 | $150.0M | +7.6% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Uruguay to KOR | HS 271012 | New corridor | $18.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-kor-271012) |
| Uruguay to Belgium | HS 270900 | New corridor | $17.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-bel-270900) |
| Uruguay to AUS | HS 850760 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-aus-850760) |
| Uruguay to GBR | HS 850760 | New corridor | $2.8B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-gbr-850760) |
| Uruguay to Belgium | HS 270799 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-bel-270799) |
| Uruguay to France | HS 300439 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-fra-300439) |
| Uruguay to ARE | HS 870322 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-are-870322) |
| Uruguay to Hungary | HS 300490 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/ury-hun-300490) |

## 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.