# Merely Cut trade prices and signals | HS 251612 | Yugalinks

The featured reported corridor is Brazil to China, with a unit value of $190.45 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Brazil to China | $467.64 | $184.53 | +153.4% | 194,431.3 t |
| 2023 | India to China | $382.32 | $184.53 | +107.2% | 234,881.6 t |
| 2023 | India to Maldives | $43.43 | $1,487.7 | -97.1% | 1,020,454 t |
| 2023 | Angola to China | $121.5 | $184.53 | -34.2% | 272,841.4 t |
| 2023 | India to Other Asia, nes | $256.49 | $340.88 | -24.8% | 90,640.1 t |
| 2023 | Cambodia to China | $78.61 | $184.53 | -57.4% | 276,162.6 t |
| 2023 | United Arab Emirates to Maldives | $43.24 | $1,487.7 | -97.1% | 483,111.6 t |
| 2023 | India to Algeria | $375.85 | $365.97 | +2.7% | 51,918.2 t |
| 2023 | Brazil to Italy | $533.09 | $388.2 | +37.3% | 20,594 t |
| 2023 | Portugal to France | $313.02 | $568.18 | -44.9% | 31,639.1 t |
| 2023 | Brazil to Other Asia, nes | $291.94 | $340.88 | -14.4% | 30,637.7 t |
| 2023 | China to Other Asia, nes | $171.24 | $340.88 | -49.8% | 48,977.9 t |
| 2023 | South Africa to China | $335.4 | $184.53 | +81.8% | 23,385.8 t |
| 2023 | Iran to China | $148 | $184.53 | -19.8% | 47,377.8 t |
| 2023 | Portugal to Algeria | $321.36 | $365.97 | -12.2% | 21,290 t |
| 2023 | Spain to Portugal | $231.09 | $447.12 | -48.3% | 28,584.2 t |
| 2023 | Albania to Italy | $422.81 | $388.2 | +8.9% | 14,059 t |
| 2023 | Turkey to Germany | $133.67 | $443.45 | -69.9% | 39,713 t |
| 2023 | Angola to Other Asia, nes | $216.64 | $340.88 | -36.4% | 23,285 t |
| 2023 | USA to Canada | $270.27 | $375.19 | -28% | 17,722.9 t |
| 2023 | Madagascar to China | $641.48 | $184.53 | +247.6% | 7,384.6 t |
| 2023 | Norway to China | $112.1 | $184.53 | -39.3% | 39,848.2 t |
| 2023 | Canada to USA | $521.89 | $960.85 | -45.7% | 8,070.5 t |
| 2023 | Italy to Algeria | $930.31 | $365.97 | +154.2% | 4,446.8 t |
| 2023 | India to United Arab Emirates | $305.16 | $305.16 | 0% | 12,803.1 t |
| 2023 | Angola to Portugal | $104.18 | $447.12 | -76.7% | 37,198.9 t |
| 2023 | Madagascar to Italy | $681.18 | $388.2 | +75.5% | 5,656 t |
| 2023 | Italy to Germany | $714.33 | $443.45 | +61.1% | 5,228.7 t |
| 2023 | India to Viet Nam | $268.65 | $364.33 | -26.3% | 13,578.9 t |
| 2023 | Spain to France | $461.06 | $568.18 | -18.9% | 7,886.9 t |
| 2023 | Sweden to Poland | $427.46 | $369.67 | +15.6% | 7,354.7 t |
| 2023 | Portugal to Spain | $85.43 | $623.09 | -86.3% | 36,112.6 t |
| 2023 | Switzerland, Liechtenstein to Italy | $328.32 | $388.2 | -15.4% | 8,750.9 t |
| 2023 | Portugal to Germany | $394.61 | $443.45 | -11% | 7,231.1 t |
| 2023 | China to Thailand | $101.32 | $386.13 | -73.8% | 27,879.2 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $51.7M | +61.7% | +8.7% |
| 2011 | $73.0M | +41.1% | +24% |
| 2012 | $81.7M | +11.9% | +36.7% |
| 2013 | $117.5M | +43.9% | +31.5% |
| 2014 | $94.3M | -19.8% | +8.9% |
| 2015 | $66.1M | -29.9% | -6.8% |
| 2016 | $81.2M | +22.8% | -11.6% |
| 2017 | $77.9M | -4% | -6.2% |
| 2018 | $72.1M | -7.5% | +2.9% |
| 2019 | $66.4M | -7.8% | -6.5% |
| 2020 | $65.9M | -0.9% | -5.5% |
| 2021 | $79.3M | +20.4% | +3.2% |
| 2022 | $84.9M | +7.1% | +8.5% |
| 2023 | $80.8M | -4.9% | +7% |
| 2024 | $118.0M | +46.1% | +14.2% |

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