# Synthetic trade prices and signals | HS 400231 | Yugalinks

The featured reported corridor is Russia to China, with a unit value of $1,435.1 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Russia to China | $1,489.39 | $2,377.78 | -37.4% | 92,423.8 t |
| 2023 | Saudi Arabia to China | $10,063.32 | $2,377.78 | +323.2% | 3,547.4 t |
| 2023 | Singapore to Thailand | $2,724.23 | $2,919.36 | -6.7% | 8,601.8 t |
| 2023 | Saudi Arabia to Singapore | $2,280.02 | $5,613.59 | -59.4% | 9,123.5 t |
| 2023 | USA to Thailand | $2,919.36 | $2,919.36 | 0% | 6,636.3 t |
| 2023 | Russia to India | $1,859.22 | $2,916.84 | -36.3% | 10,357.1 t |
| 2023 | Singapore to India | $2,156.83 | $2,916.84 | -26.1% | 8,309.1 t |
| 2023 | Saudi Arabia to Belgium | $2,751.04 | $2,751.04 | 0% | 6,512.1 t |
| 2023 | China to Pakistan | $1,485.22 | $1,837.04 | -19.2% | 11,953.9 t |
| 2023 | China to Thailand | $2,383.77 | $2,919.36 | -18.3% | 7,437.6 t |
| 2023 | Singapore to China | $2,290.69 | $2,377.78 | -3.7% | 7,252 t |
| 2023 | Belgium to Luxembourg | $3,540.28 | $3,540.28 | 0% | 3,637.5 t |
| 2023 | Canada to USA | $3,191.88 | $4,970.4 | -35.8% | 3,939.5 t |
| 2023 | Russia to Republic of Korea | $1,640.12 | $2,844.92 | -42.3% | 6,145 t |
| 2023 | Canada to Belgium | $2,546.05 | $2,751.04 | -7.5% | 3,691.8 t |
| 2023 | Japan to China | $2,377.78 | $2,377.78 | 0% | 3,757.4 t |
| 2023 | China to Indonesia | $1,948.47 | $2,392.75 | -18.6% | 4,457.1 t |
| 2023 | Canada to China | $2,066.39 | $2,377.78 | -13.1% | 3,203 t |
| 2023 | Belgium to Poland | $3,278.82 | $3,278.82 | 0% | 1,650.2 t |
| 2023 | Russia to Germany | $2,094.62 | $2,906.42 | -27.9% | 2,479 t |
| 2023 | USA to Belgium | $2,990.89 | $2,751.04 | +8.7% | 1,690.7 t |
| 2023 | Belgium to Italy | $2,962.23 | $2,865.21 | +3.4% | 1,663.5 t |
| 2023 | Singapore to Indonesia | $2,243.39 | $2,392.75 | -6.2% | 2,177.8 t |
| 2023 | China to Viet Nam | $2,948.35 | $2,184.25 | +35% | 1,500.4 t |
| 2023 | China to India | $1,628.05 | $2,916.84 | -44.2% | 2,673.7 t |
| 2023 | France to Germany | $1,868.38 | $2,906.42 | -35.7% | 2,063 t |
| 2023 | India to USA | $2,453.77 | $4,970.4 | -50.6% | 1,539.7 t |
| 2023 | USA to Mexico | $2,868.13 | $2,979.06 | -3.7% | 1,305.8 t |
| 2023 | Belgium to France | $4,301.98 | $3,631.27 | +18.5% | 856.2 t |
| 2023 | Saudi Arabia to Egypt | $2,280.02 | $3,510.2 | -35% | 1,614.8 t |
| 2023 | Belgium to Germany | $3,052.98 | $2,906.42 | +5% | 1,143.9 t |
| 2023 | Switzerland, Liechtenstein to Luxembourg | $3,281.58 | $3,540.28 | -7.3% | 1,058.8 t |
| 2023 | Russia to Lithuania | $1,519.09 | $2,350.1 | -35.4% | 2,273.4 t |
| 2023 | Russia to Poland | $1,947.41 | $3,278.82 | -40.6% | 1,768 t |
| 2023 | Singapore to Japan | $2,877.14 | $3,827.88 | -24.8% | 1,187 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $164.9M | +82.1% | +25% |
| 2011 | $138.7M | -15.9% | -4.6% |
| 2012 | $60.3M | -56.6% | -12.7% |
| 2013 | $58.5M | -3% | -29.2% |
| 2014 | $52.6M | -10.1% | -27.6% |
| 2015 | $46.8M | -10.9% | -8% |
| 2016 | $33.0M | -29.6% | -17.4% |
| 2017 | $41.7M | +26.4% | -7.4% |
| 2018 | $54.2M | +30% | +5% |
| 2019 | $80.9M | +49.2% | +34.8% |
| 2020 | $87.2M | +7.8% | +27.9% |
| 2021 | $78.5M | -9.9% | +13.2% |
| 2022 | $130.4M | +66.1% | +17.3% |
| 2023 | $125.7M | -3.6% | +13% |
| 2024 | $151.1M | +20.2% | +24.4% |

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