# N.E.S. In Chapter 29 trade prices and signals | HS 294200...

The featured reported corridor is China to India, with a unit value of $9,929.11 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | United Arab Emirates to China, Hong Kong Special Administrative Region | $5,772,282.37 | $59,276.19 | +9,637.9% | 37.2 t |
| 2023 | Philippines to Japan | $1,916.56 | $12,197.5 | -84.3% | 35,306.1 t |
| 2023 | India to Bangladesh | $61,762.83 | $61,762.83 | 0% | 762.9 t |
| 2023 | India to USA | $8,272.91 | $21,163.79 | -60.9% | 3,967.9 t |
| 2023 | India to Russia | $35,892.31 | $44,560.44 | -19.5% | 879.8 t |
| 2023 | India to Germany | $54,870.18 | $54,870.18 | 0% | 538.3 t |
| 2023 | India to United Arab Emirates | $56,285.77 | $37,933.33 | +48.4% | 463 t |
| 2023 | France to Italy | $23,644.16 | $71,371.26 | -66.9% | 1,081.1 t |
| 2023 | India to Mexico | $48,990.82 | $13,463.32 | +263.9% | 499 t |
| 2023 | Malaysia to Japan | $2,180.98 | $12,197.5 | -82.1% | 11,130.9 t |
| 2023 | India to Egypt | $43,445.51 | $15,323.54 | +183.5% | 491.9 t |
| 2023 | Italy to Germany | $346,969.84 | $54,870.18 | +532.3% | 58.5 t |
| 2023 | United Arab Emirates to Singapore | $1,083,394.62 | $90,057.1 | +1,103% | 18.4 t |
| 2023 | India to Japan | $199,655.72 | $12,197.5 | +1,536.9% | 92.7 t |
| 2023 | India to Netherlands | $32,250.2 | $16,954.55 | +90.2% | 554.9 t |
| 2023 | India to Ireland | $296,368.76 | $42,600 | +595.7% | 53.3 t |
| 2023 | Other Asia, nes to India | $250,274.18 | $79,438.82 | +215.1% | 63 t |
| 2023 | Japan to Other Asia, nes | $234,601.82 | $173,023.98 | +35.6% | 66.4 t |
| 2023 | India to Thailand | $45,138.2 | $14,937.69 | +202.2% | 341.6 t |
| 2023 | Other Asia, nes to China | $10,994.19 | $16,613.78 | -33.8% | 1,271.7 t |
| 2023 | India to Turkey | $209,146.23 | $38,949.74 | +437% | 66.4 t |
| 2023 | France to Japan | $12,197.5 | $12,197.5 | 0% | 1,084.1 t |
| 2023 | India to Pakistan | $36,730.29 | $31,702.5 | +15.9% | 335.6 t |
| 2023 | India to France | $89,801.41 | $29,538.46 | +204% | 136.2 t |
| 2023 | Italy to USA | $344,016.11 | $21,163.79 | +1,525.5% | 34.3 t |
| 2023 | Republic of Korea to Singapore | $807,885.48 | $90,057.1 | +797.1% | 14.3 t |
| 2023 | India to Viet Nam | $34,920.7 | $34,920.7 | 0% | 313.7 t |
| 2023 | China to Republic of Korea | $68,899.53 | $210,600 | -67.3% | 155.4 t |
| 2023 | India to Algeria | $98,074 | $61,177.78 | +60.3% | 107.8 t |
| 2023 | USA to Canada | $6,546.07 | $44,356.02 | -85.2% | 1,614.3 t |
| 2023 | India to Israel | $13,616.05 | $47,259.93 | -71.2% | 770.7 t |
| 2023 | Brazil to Spain | $85,964.96 | $29,275.95 | +193.6% | 115.6 t |
| 2023 | India to Republic of Korea | $55,877.04 | $210,600 | -73.5% | 176.6 t |
| 2023 | India to Canada | $136,771.03 | $44,356.02 | +208.3% | 70.8 t |
| 2023 | India to Malaysia | $29,582.43 | $11,913.13 | +148.3% | 324.6 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $302.1M | +35.3% | +28.1% |
| 2011 | $284.9M | -5.7% | +12.8% |
| 2012 | $297.5M | +4.4% | +10% |
| 2013 | $308.6M | +3.7% | +0.7% |
| 2014 | $241.9M | -21.6% | -5.3% |
| 2015 | $285.6M | +18% | -1.4% |
| 2016 | $180.1M | -36.9% | -16.4% |
| 2017 | $115.8M | -35.7% | -21.8% |
| 2018 | $123.5M | +6.6% | -24.4% |
| 2019 | $172.1M | +39.4% | -1.5% |
| 2020 | $187.2M | +8.8% | +17.4% |
| 2021 | $193.4M | +3.3% | +16.1% |
| 2022 | $170.4M | -11.9% | -0.3% |
| 2023 | $191.2M | +12.2% | +0.7% |
| 2024 | $159.5M | -16.6% | -6.2% |

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