# VUT to SGP HS 847170 new corridor signal

This page reviews a reported new-corridor signal for data processing machines: storage units. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 47/100
- Reported period: 2024
- Buyer market imports: $1.9B
- Buyer market growth: +13.3%
- Current exporter share: 0.0%
- Share gap: 29.6%

## 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: $1.9B
- Three-year buyer-import projection: $1.8B
- Supplier countries observed: 91
- Average buyer imports: $2.2B
- Historical buyer-import peak: $4.0B
- Full-history buyer-import CAGR: -2.3%
- Latest buyer-import annual change: +13.3%

## Competition landscape

- Top supplier: Thailand
- Top supplier share: 29.6%
- Market concentration: 1,680
- Exporter share: 0.0%
- Share gap to peer benchmark: 29.6%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 7,366 km
- Trade agreement: Not reported
- Business entry time: 1.5 days
- Shared spoken language score: 0.6

## 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 | $213.4 | +0.0% |

## Broader route context

Broader VUT to SGP route exports provide route context only; they are not presented as HS 847170 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $115.2K | +0.0% |
| 1996 | $10.2K | -91.1% |
| 1997 | $2.6K | -74.5% |
| 1998 | $114.7K | +4298.4% |
| 1999 | $192.7K | +68.0% |
| 2000 | $533.0K | +176.6% |
| 2001 | $208.7K | -60.8% |
| 2002 | $1.7M | +710.3% |
| 2003 | $2.2M | +30.1% |
| 2004 | $1.5M | -32.5% |
| 2005 | $778.4K | -47.6% |
| 2006 | $1.5M | +88.1% |
| 2007 | $1.9M | +31.7% |
| 2008 | $602.7K | -68.7% |
| 2009 | $2.6M | +328.8% |
| 2010 | $2.5M | -3.6% |
| 2011 | $961.6K | -61.4% |
| 2012 | $1.2M | +25.1% |
| 2013 | $1.3M | +3.9% |
| 2014 | $2.0M | +61.9% |
| 2015 | $1.6M | -23.2% |
| 2016 | $404.9K | -74.0% |
| 2017 | $622.2K | +53.7% |
| 2018 | $425.3K | -31.6% |
| 2019 | $1.3M | +201.9% |
| 2020 | $1.2M | -7.8% |
| 2021 | $731.4K | -38.2% |
| 2022 | $46.2K | -93.7% |
| 2023 | $32.4K | -29.9% |
| 2024 | $78.0K | +140.9% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| VUT to NLD | HS 851712 | New corridor | $10.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-nld-851712) |
| VUT to SGP | HS 847149 | New corridor | $2.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-sgp-847149) |
| VUT to USA, Puerto Rico and US Virgin Islands | HS 420221 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420221) |
| VUT to Canada | HS 850760 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-can-850760) |
| VUT to Portugal | HS 300490 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-prt-300490) |
| VUT to USA, Puerto Rico and US Virgin Islands | HS 420222 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-420222) |
| VUT to CHN | HS 420221 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-chn-420221) |
| VUT to USA, Puerto Rico and US Virgin Islands | HS 850152 | New corridor | $2.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/vut-usa-850152) |

## 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.