# Tankers trade prices and signals | HS 890120 | Yugalinks

The featured reported corridor is China to Liberia, with a unit value of $2,353.99 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Republic of Korea to Marshall Isds | $2,374.08 | $2,374.08 | 0% | 1,166,461 t |
| 2023 | China to Singapore | $3,207.14 | $2,275.38 | +40.9% | 503,939.3 t |
| 2023 | Republic of Korea to Liberia | $3,070.75 | $3,070.75 | 0% | 477,092.6 t |
| 2023 | Belgium to Norway | $331.44 | $4,041.51 | -91.8% | 2,695,480 t |
| 2023 | Japan to Panama | $2,371.58 | $3,370.58 | -29.6% | 292,364.9 t |
| 2023 | Republic of Korea to Germany | $2,487.9 | $3,080.11 | -19.2% | 200,532 t |
| 2023 | Cyprus to Bermuda | $2,207.12 | $2,207.12 | 0% | 181,306.6 t |
| 2023 | Republic of Korea to France | $3,431.34 | $5,364.47 | -36% | 86,203 t |
| 2023 | Republic of Korea to Singapore | $2,444.55 | $2,275.38 | +7.4% | 119,944 t |
| 2023 | Republic of Korea to Belgium | $2,378.98 | $1,845.39 | +28.9% | 111,171 t |
| 2023 | Republic of Korea to Malta | $5,321.2 | $3,478.46 | +53% | 47,801 t |
| 2023 | Cyprus to Marshall Isds | $2,207.12 | $2,374.08 | -7% | 98,448.4 t |
| 2023 | Germany to Marshall Isds | $1,411.63 | $2,374.08 | -40.5% | 142,129 t |
| 2023 | Kuwait to Republic of Korea | $812.47 | $1,348.52 | -39.8% | 215,854 t |
| 2023 | Japan to Bahamas | $2,371.58 | $2,826.72 | -16.1% | 73,776.6 t |
| 2023 | Republic of Korea to Kuwait | $4,114.53 | $4,114.53 | 0% | 39,542.8 t |
| 2023 | Republic of Korea to Poland | $2,578.55 | $3,879.85 | -33.5% | 62,826 t |
| 2023 | India to Sri Lanka | $2,371.58 | $2,371.58 | 0% | 65,667.3 t |
| 2023 | Japan to Liberia | $2,371.58 | $3,070.75 | -22.8% | 62,669.3 t |
| 2023 | China to Marshall Isds | $2,825.27 | $2,374.08 | +19% | 50,279.3 t |
| 2023 | Japan to Marshall Isds | $2,371.58 | $2,374.08 | -0.1% | 58,483.3 t |
| 2023 | Republic of Korea to Bahamas | $2,826.72 | $2,826.72 | 0% | 48,780 t |
| 2023 | China to Liberia | $17,049,713.87 | $3,070.75 | +555,129.1% | 7.9 t |
| 2023 | Denmark to Marshall Isds | $2,207.12 | $2,374.08 | -7% | 59,403.9 t |
| 2023 | Germany to Liberia | $1,749.75 | $3,070.75 | -43% | 74,243.1 t |
| 2023 | France to Singapore | $790.51 | $2,275.38 | -65.3% | 163,947 t |
| 2023 | Cyprus to Liberia | $2,207.12 | $3,070.75 | -28.1% | 57,127.7 t |
| 2023 | Japan to Singapore | $2,371.58 | $2,275.38 | +4.2% | 51,176.1 t |
| 2023 | Republic of Korea to Panama | $1,258.4 | $3,370.58 | -62.7% | 95,529 t |
| 2023 | Denmark to USA | $2,207.12 | $2,207.12 | 0% | 53,724.8 t |
| 2023 | Japan to Republic of Korea | $1,935.35 | $1,348.52 | +43.5% | 58,747.7 t |
| 2023 | India to United Arab Emirates | $2,371.58 | $2,207.12 | +7.5% | 47,588.4 t |
| 2023 | Republic of Korea to Indonesia | $3,328.77 | $2,207.12 | +50.8% | 32,865 t |
| 2023 | China to Greece | $2,510.45 | $2,510.45 | 0% | 40,060.3 t |
| 2023 | China to Panama | $3,370.58 | $3,370.58 | 0% | 29,510.4 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $1.0B | +56.6% | +63.2% |
| 2011 | $706.0M | -29.6% | +139.5% |
| 2012 | $162.1M | -77% | -36.7% |
| 2013 | $288.0M | +77.7% | -34% |
| 2014 | $216.6M | -24.8% | -32.6% |
| 2015 | $181.5M | -16.2% | +3.8% |
| 2016 | $85.1M | -53.1% | -33.4% |
| 2017 | $32.5M | -61.8% | -46.9% |
| 2018 | $264.9M | +715.1% | +13.4% |
| 2019 | $792.1M | +199% | +110.4% |
| 2020 | $156.1M | -80.3% | +68.7% |
| 2021 | $1.3B | +710.3% | +68.4% |
| 2022 | $1.1B | -11.5% | +12.2% |
| 2023 | $463.6M | -58.6% | +43.7% |
| 2024 | $1.4B | +194% | +2.5% |

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