# N.E.S. In Heading No. 8540 trade prices and signals | HS...

The featured reported corridor is Japan to Philippines, with a unit value of $190,346.15 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Philippines to Japan | $122,635.16 | $533,935.06 | -77% | 121 t |
| 2023 | United Kingdom to Singapore | $5,469,748.38 | $581,000 | +841.4% | 2.3 t |
| 2023 | United Kingdom to USA | $740,008.82 | $210,285.99 | +251.9% | 11.9 t |
| 2023 | USA to Japan | $1,425,448.78 | $533,935.06 | +167% | 3.8 t |
| 2023 | Germany to USA | $53,236.02 | $210,285.99 | -74.7% | 91.9 t |
| 2023 | China to USA | $150,802.65 | $210,285.99 | -28.3% | 31.3 t |
| 2023 | USA to Greece | $24,574,331.43 | $609,235.29 | +3,933.6% | 0.2 t |
| 2023 | United Kingdom to Belgium | $814,662.9 | $209,443.46 | +289% | 5.2 t |
| 2023 | Other Asia, nes to Japan | $548,399.66 | $533,935.06 | +2.7% | 7.6 t |
| 2023 | USA to United Kingdom | $2,985,042.82 | $604,966.67 | +393.4% | 1.4 t |
| 2023 | China, Hong Kong Special Administrative Region to China | $856,709.55 | $327,886.6 | +161.3% | 4.8 t |
| 2023 | USA to China | $1,010,659.98 | $327,886.6 | +208.2% | 3.9 t |
| 2023 | United Kingdom to Netherlands | $577,435.93 | $397,935.9 | +45.1% | 6.3 t |
| 2023 | China to Russia | $2,421,269.69 | $2,252,470.59 | +7.5% | 1.4 t |
| 2023 | Russia to USA | $8,047.17 | $210,285.99 | -96.2% | 399.5 t |
| 2023 | USA to Republic of Korea | $1,577,507.86 | $478,833.33 | +229.4% | 2 t |
| 2023 | France to USA | $105,753.68 | $210,285.99 | -49.7% | 29.6 t |
| 2023 | USA to Mexico | $591,891.52 | $590,121.77 | +0.3% | 5.2 t |
| 2023 | Mexico to USA | $123,364.73 | $210,285.99 | -41.3% | 24.7 t |
| 2023 | Singapore to Japan | $856,722.27 | $533,935.06 | +60.5% | 3.3 t |
| 2023 | USA to Singapore | $696,440.1 | $581,000 | +19.9% | 4 t |
| 2023 | Netherlands to Italy | $635,442.88 | $732,291.67 | -13.2% | 4.1 t |
| 2023 | USA to Netherlands | $85,896.4 | $397,935.9 | -78.4% | 29.9 t |
| 2023 | Japan to USA | $625,497.65 | $210,285.99 | +197.5% | 4 t |
| 2023 | USA to Germany | $587,456.22 | $486,909.09 | +20.7% | 4.2 t |
| 2023 | USA to Canada | $764,997.98 | $410,755.56 | +86.2% | 3 t |
| 2023 | France to Switzerland, Liechtenstein | $3,243,690.51 | $779,000 | +316.4% | 0.7 t |
| 2023 | USA to Other Asia, nes | $1,903,474.89 | $445,246.09 | +327.5% | 1.1 t |
| 2023 | Philippines to China | $87,418.28 | $327,886.6 | -73.3% | 22.9 t |
| 2023 | United Kingdom to China | $698,132.85 | $327,886.6 | +112.9% | 2.8 t |
| 2023 | USA to Austria | $2,120,710.82 | $756,000 | +180.5% | 0.9 t |
| 2023 | Philippines to Other Asia, nes | $65,716.81 | $445,246.09 | -85.2% | 28.7 t |
| 2023 | Germany to China | $2,031,773.33 | $327,886.6 | +519.7% | 0.9 t |
| 2023 | Germany to Netherlands | $526,584.21 | $397,935.9 | +32.3% | 3.2 t |
| 2023 | USA to India | $2,073,065.11 | $735,915.78 | +181.7% | 0.8 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $22.5K | -72.9% | +13% |
| 2011 | $87.2K | +287.4% | +24.2% |
| 2012 | $695.3K | +697.2% | +103.1% |
| 2013 | $295.2K | -57.5% | +135.8% |
| 2014 | $11.3K | -96.2% | -49.4% |
| 2015 | $1.6M | +13,983.6% | +31.7% |
| 2016 | $527.2K | -66.8% | +21.3% |
| 2017 | $4.4M | +725.3% | +627.8% |
| 2018 | $6.5M | +48.4% | +59.6% |
| 2019 | $9.2M | +41.9% | +159% |
| 2020 | $6.0M | -34.2% | +11.5% |
| 2021 | $10.0M | +66.1% | +15.8% |
| 2022 | $15.4M | +53.9% | +18.9% |
| 2023 | $16.1M | +4.8% | +38.9% |
| 2024 | $19.2M | +19.2% | +24.3% |

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