# Saint Vincent and the Grenadines to Germany HS 854370 new corridor signal

This page reviews a reported new-corridor signal for electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 22/100
- Reported period: 2024
- Buyer market imports: $3.1B
- Buyer market growth: +0.4%
- Current exporter share: 0.0%
- Share gap: 29.8%

## 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: $3.1B
- Three-year buyer-import projection: $3.6B
- Supplier countries observed: 129
- Average buyer imports: $1.1B
- Historical buyer-import peak: $3.1B
- Full-history buyer-import CAGR: +5.1%
- Latest buyer-import annual change: +0.4%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 29.8%
- Market concentration: 1,214
- Exporter share: 0.0%
- Share gap to peer benchmark: 29.8%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,367 km
- Trade agreement: Reported yes
- Business entry time: 8 days
- Shared spoken language score: 0.5

## Buyer economy

- GDP per person: $50.8K
- GDP per-person growth: +4.6%
- Population: 83,129k
- GDP: $4.2T
- GDP five-year CAGR: Not reported
- Investment rate: 22.1%
- Savings rate: 27.7%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $11.2 | +0.0% |

## Broader route context

Broader Saint Vincent and the Grenadines to Germany route exports provide route context only; they are not presented as HS 854370 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $71.1K | +0.0% |
| 1996 | $8.4M | +11659.5% |
| 1997 | $14.9M | +77.9% |
| 1998 | $9.9M | -33.6% |
| 1999 | $80.3K | -99.2% |
| 2000 | $209.4K | +160.8% |
| 2001 | $1.3M | +499.2% |
| 2002 | $254.2K | -79.7% |
| 2003 | $308.5K | +21.4% |
| 2004 | $792.5K | +156.9% |
| 2005 | $260.7K | -67.1% |
| 2006 | $30.7K | -88.2% |
| 2007 | $6.7M | +21650.6% |
| 2008 | $17.6K | -99.7% |
| 2009 | $168.0K | +855.9% |
| 2010 | $21.7K | -87.1% |
| 2011 | $33.1K | +52.2% |
| 2012 | $20.9K | -36.9% |
| 2013 | $3.4K | -83.6% |
| 2014 | $65.8K | +1816.6% |
| 2015 | $22.3K | -66.1% |
| 2016 | $14.7K | -34.0% |
| 2017 | $640.7 | -95.6% |
| 2018 | $22.8K | +3452.6% |
| 2019 | $77.7K | +241.3% |
| 2020 | $212.9K | +174.1% |
| 2021 | $195.4K | -8.2% |
| 2022 | $554.1K | +183.5% |
| 2023 | $503.6K | -9.1% |
| 2024 | $228.0K | -54.7% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Saint Vincent and the Grenadines to CHN | HS 854231 | New corridor | $158.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-chn-854231) |
| Saint Vincent and the Grenadines to KOR | HS 851712 | New corridor | $6.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-kor-851712) |
| Saint Vincent and the Grenadines to India | HS 851762 | New corridor | $3.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-ind-851762) |
| Saint Vincent and the Grenadines to India | HS 852990 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-ind-852990) |
| Saint Vincent and the Grenadines to France | HS 850760 | New corridor | $3.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-fra-850760) |
| Saint Vincent and the Grenadines to CHN | HS 854370 | New corridor | $3.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-chn-854370) |
| Saint Vincent and the Grenadines to Spain | HS 851762 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-esp-851762) |
| Saint Vincent and the Grenadines to USA, Puerto Rico and US Virgin Islands | HS 870895 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vct-usa-870895) |

## 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.