# N.E.C. In Chapter 12 trade prices and signals | HS 121299...

The featured reported corridor is Indonesia to China, with a unit value of $1,056.19 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | China to USA | $3,865.11 | $5,528.85 | -30.1% | 19,924.9 t |
| 2023 | Indonesia to China | $2,210.22 | $2,975.72 | -25.7% | 25,914.7 t |
| 2023 | Nigeria to China | $2,520.22 | $2,975.72 | -15.3% | 18,189.1 t |
| 2023 | China to Germany | $3,343.79 | $4,890.81 | -31.6% | 11,011.5 t |
| 2023 | Viet Nam to China | $6,341.19 | $2,975.72 | +113.1% | 5,711.6 t |
| 2023 | China to Mexico | $5,726.14 | $14,970.4 | -61.8% | 5,416.9 t |
| 2023 | China to Republic of Korea | $5,865.53 | $8,355.31 | -29.8% | 4,867.5 t |
| 2023 | Egypt to Saudi Arabia | $3,369.99 | $4,057.55 | -16.9% | 8,364.2 t |
| 2023 | China to Netherlands | $4,116.9 | $8,647.55 | -52.4% | 6,765 t |
| 2023 | Cambodia to Viet Nam | $9,235.99 | $4,057.64 | +127.6% | 2,988.3 t |
| 2023 | China to Other Asia, nes | $4,841.24 | $11,396.84 | -57.5% | 5,465 t |
| 2023 | China to Iraq | $3,183.93 | $3,183.93 | 0% | 7,053.7 t |
| 2023 | China to Canada | $3,960.25 | $6,000 | -34% | 5,403.4 t |
| 2023 | China to Iran | $3,206.85 | $3,206.85 | 0% | 6,029.4 t |
| 2023 | South Africa to Japan | $5,909.86 | $9,338 | -36.7% | 3,234.8 t |
| 2023 | China to Russia | $3,324.62 | $3,669.73 | -9.4% | 5,679.3 t |
| 2023 | Portugal to Spain | $779.23 | $4,521.82 | -82.8% | 21,930.6 t |
| 2023 | China to Saudi Arabia | $3,741.26 | $4,057.55 | -7.8% | 3,760.7 t |
| 2023 | China to Japan | $5,353.82 | $9,338 | -42.7% | 2,612.3 t |
| 2023 | Morocco to Spain | $16,578.12 | $4,521.82 | +266.6% | 788.8 t |
| 2023 | Nigeria to Germany | $2,942.18 | $4,890.81 | -39.8% | 4,394.4 t |
| 2023 | China to Viet Nam | $3,368.85 | $4,057.64 | -17% | 3,725.7 t |
| 2023 | Spain to Italy | $3,616.04 | $5,489.62 | -34.1% | 3,143.5 t |
| 2023 | France to Croatia | $29,353.46 | $13,500 | +117.4% | 379.1 t |
| 2023 | China to Poland | $3,300.55 | $11,000 | -70% | 3,026.7 t |
| 2023 | China to Egypt | $3,485.61 | $4,057.52 | -14.1% | 2,666.8 t |
| 2023 | China to United Arab Emirates | $2,602.34 | $4,100.63 | -36.5% | 3,442.2 t |
| 2023 | China to China, Hong Kong Special Administrative Region | $4,194.6 | $6,428.57 | -34.8% | 2,009.9 t |
| 2023 | China to Jordan | $3,702.14 | $3,976.25 | -6.9% | 2,268.3 t |
| 2023 | China to Thailand | $3,629.53 | $3,854.69 | -5.8% | 2,057.4 t |
| 2023 | Morocco to Italy | $8,520.48 | $5,489.62 | +55.2% | 811 t |
| 2023 | China to Austria | $3,582.06 | $5,271.59 | -32% | 1,880.1 t |
| 2023 | South Africa to France | $3,557.87 | $6,238.3 | -43% | 1,881.6 t |
| 2023 | Myanmar to China | $706.04 | $2,975.72 | -76.3% | 9,194.4 t |
| 2023 | Egypt to Germany | $3,443.07 | $4,890.81 | -29.6% | 1,879.4 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $2.1M | +199.5% | +258.3% |
| 2011 | $2.1M | +2.3% | +152.5% |
| 2012 | $1.8M | -17.7% | +36.1% |
| 2013 | $3.2M | +80.5% | +15% |
| 2014 | $4.6M | +45.8% | +29.4% |
| 2015 | $3.3M | -28% | +23.7% |
| 2016 | $3.0M | -11% | -2.2% |
| 2017 | $5.0M | +69.1% | +2.7% |
| 2018 | $6.9M | +37.5% | +27.5% |
| 2019 | $16.6M | +140.8% | +77.6% |
| 2020 | $12.5M | -24.6% | +35.7% |
| 2021 | $5.8M | -53.3% | -5.4% |
| 2022 | $36.4M | +524.3% | +30% |
| 2023 | $56.8M | +56% | +65.7% |
| 2024 | $111.3M | +96.1% | +167.3% |

_Source: reported merchandise trade data. Updated 2026-08-14._