# HS4 0907 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
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Explore reported HS4 0907 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/0907/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **0907 - Spices**
- Parent sector: [HS2 09 overview](https://www.yugalinks.com/trade/sector/hs2/09)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

Madagascar to India leads the reported HS4 0907 routes with $96.4M in 2024 and +24% calculated three-year growth. The HS4 subsector recorded $654.7M in latest reported trade, with +16.3% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 0907 in the workspace](https://www.yugalinks.com/app?hs=0907)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/0907)
- [Read the parent HS2 overview](https://www.yugalinks.com/trade/sector/hs2/09)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Summary and indicators

| Measure | Value | Interpretation |
| --- | ---: | --- |
| Latest reported HS4 trade | $654.7M | Reported value in 2024 |
| Displayed corridor value | $446.0M | Sum of the routes shown |
| HS4 3-year CAGR | +16.3% | Calculated annualized change |
| HS4 5-year CAGR | +16% | Calculated annualized change |
| HS4 10-year CAGR | +5.1% | Calculated annualized change |
| Latest year-on-year change | +13.3% | Calculated change from the prior year |
| Reported trend | Rapid growth | Available HS4 trend label |
| Historical peak | $654.7M in 2024 | Reported-history comparison |
| Latest below peak | 0% | Calculated peak comparison |
| Exporter / importer HHI | 2,118.4 / 1,119.1 | Calculated concentration indicators |
| Trade volatility | 0.7 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 2,164 / 139 / 196 / 2 | Latest available breadth |

## Growth leaders

- **Indonesia -> Mexico**: +417.3% calculated three-year CAGR, $5.3M latest reported value, 0.8% market share, trend Rapid growth.
- **Indonesia -> Nigeria**: +302.2% calculated three-year CAGR, $3.7M latest reported value, 0.6% market share, trend Rapid growth.
- **Madagascar -> Mexico**: +175% calculated three-year CAGR, $3.8M latest reported value, 0.6% market share, trend Rapid growth.
- **Madagascar -> United Arab Emirates**: +131.8% calculated three-year CAGR, $20.4M latest reported value, 3.1% market share, trend Rapid growth.
- **Indonesia -> China**: +104.5% calculated three-year CAGR, $28.9M latest reported value, 4.4% market share, trend Rapid growth.

## Access and tariff context

FTA status, tariff fields, and distance are route context. Group averages below are calculated from the displayed routes and are not tariff recommendations.

| Access group | Reported route value | Routes | Average 3-year CAGR | Average applied tariff | Average tariff advantage |
| --- | ---: | ---: | ---: | ---: | ---: |
| FTA reported | $142.7M | 5 | +51.1% | 0.2% | +0.2 pp |
| No FTA reported | $303.2M | 20 | +66.1% | 0.2% | +0.3 pp |

- Lowest reported applied tariff route: **Indonesia -> Singapore** at 0%.
- Largest reported tariff advantage route: **Madagascar -> India** at +0.5 pp.

## Full corridor table

| Rank | Exporter | Importer | Latest trade | 3-year CAGR | 5-year CAGR | 10-year CAGR | Market share | FTA / access | Applied tariff | MFN tariff | Preferential tariff | Tariff advantage | Distance | Historical peak | Latest below peak | Years | Trend |
| ---: | --- | --- | ---: | ---: | ---: | ---: | ---: | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | --- |
| 1 | Madagascar | India | $96.4M | +24% | +25.2% | +10.3% | 14.7% | No FTA reported | 0.5% | 0.5% | 0% | +0.5 pp | 6,157 km | $96.4M (2024) | 0% | 30 | Rapid growth |
| 2 | Indonesia | India | $88.9M | +38.5% | +18.1% | +38.4% | 13.6% | FTA reported | 0.5% | 0.5% | 0.1% | +0.4 pp | 4,999 km | $88.9M (2024) | 0% | 29 | Rapid growth |
| 3 | Indonesia | China | $28.9M | +104.5% | +94.2% | +64.2% | 4.4% | FTA reported | 0.3% | 0.3% | 0.1% | +0.2 pp | 4,425 km | $28.9M (2024) | 0% | 29 | Rapid growth |
| 4 | Indonesia | United Arab Emirates | $28.8M | +27.4% | +27.3% | +48.6% | 4.4% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 6,572 km | $28.8M (2024) | 0% | 27 | Rapid growth |
| 5 | Madagascar | Indonesia | $28.5M | +17.7% | +6.8% | +50.3% | 4.4% | No FTA reported | 0.2% | 0.2% | Not reported | Not reported | 6,566 km | $125.0M (2023) | 77.2% | 20 | Rapid growth |
| 6 | Indonesia | Saudi Arabia | $24.3M | +47.1% | +14.8% | +20.4% | 3.7% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 7,353 km | $24.3M (2024) | 0% | 30 | Rapid growth |
| 7 | Madagascar | United Arab Emirates | $20.4M | +131.8% | +64.3% | +18.4% | 3.1% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 4,960 km | $20.4M (2024) | 0% | 30 | Rapid growth |
| 8 | Indonesia | Bangladesh | $14.4M | +23.1% | +81.9% | +69.2% | 2.2% | No FTA reported | 0.7% | 0.7% | Not reported | Not reported | 3,761 km | $14.4M (2024) | 0% | 23 | Rapid growth |
| 9 | Indonesia | USA, Puerto Rico and US Virgin Islands | $12.6M | +51% | +16% | +9.5% | 1.9% | No FTA reported | 0% | 0% | 0% | +0 pp | 16,181 km | $12.6M (2024) | 0% | 30 | Rapid growth |
| 10 | Indonesia | Singapore | $12.3M | +7% | +13.8% | +2.3% | 1.9% | FTA reported | 0% | 0% | 0% | +0 pp | 894 km | $12.4M (2015) | 1.3% | 30 | Growing |
| 11 | Comoros | India | $9.2M | -2.6% | -6.6% | +1.7% | 1.4% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 5,771 km | $23.3M (2018) | 60.5% | 26 | Stable |
| 12 | Indonesia | Pakistan | $9.1M | +10.2% | +8.9% | +24.2% | 1.4% | No FTA reported | 0.4% | 0.4% | 0.1% | +0.3 pp | 5,513 km | $9.4M (2020) | 2.8% | 27 | Rapid growth |
| 13 | United Rep. of Tanzania | India | $8.7M | -0.5% | +23.9% | -12.5% | 1.3% | No FTA reported | 0.5% | 0.5% | 0.1% | +0.4 pp | 5,656 km | $33.1M (2014) | 73.7% | 30 | Stable |
| 14 | Indonesia | Peru | $7.9M | +58.4% | +24.7% | +190.4% | 1.2% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 17,942 km | $7.9M (2024) | 0% | 15 | Rapid growth |
| 15 | United Arab Emirates | Iraq | $6.6M | +32.6% | +30.8% | +20.4% | 1% | FTA reported | Not reported | Not reported | Not reported | Not reported | 1,385 km | $6.6M (2024) | 0% | 25 | Rapid growth |
| 16 | United Rep. of Tanzania | Indonesia | $6.1M | -32.4% | +33.7% | -4.6% | 0.9% | No FTA reported | 0.2% | 0.2% | Not reported | Not reported | 7,468 km | $35.7M (2011) | 83% | 15 | Rapid decline |
| 17 | Indonesia | Viet Nam | $6.0M | +72.8% | +0.9% | +18.7% | 0.9% | FTA reported | 0.2% | 0.2% | 0% | +0.1 pp | 1,876 km | $19.5M (2020) | 69.4% | 26 | Rapid growth |
| 18 | United Arab Emirates | Former Arab Republic of Yemen | $5.8M | +54.2% | +22.9% | +37.5% | 0.9% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 1,595 km | $5.8M (2024) | 0% | 23 | Rapid growth |
| 19 | United Arab Emirates | Ghana | $5.7M | +72.7% | +23.4% | +22.3% | 0.9% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 6,380 km | $5.7M (2024) | 0% | 27 | Rapid growth |
| 20 | Indonesia | Mexico | $5.3M | +417.3% | +48% | +50.4% | 0.8% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 16,859 km | $5.3M (2024) | 0% | 30 | Rapid growth |
| 21 | Madagascar | China | $4.4M | +31.3% | +40.7% | +18.6% | 0.7% | No FTA reported | 0.3% | 0.3% | 0% | +0.3 pp | 9,643 km | $4.9M (2023) | 10.6% | 26 | Rapid growth |
| 22 | Madagascar | Singapore | $4.3M | -44.9% | +14.3% | -10.7% | 0.7% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,547 km | $99.3M (2011) | 95.7% | 30 | Rapid decline |
| 23 | United Rep. of Tanzania | Singapore | $3.8M | -41.8% | +18.5% | -7% | 0.6% | No FTA reported | 0% | 0% | Not reported | Not reported | 7,229 km | $19.4M (2021) | 80.2% | 30 | Rapid decline |
| 24 | Madagascar | Mexico | $3.8M | +175% | +97.1% | +31% | 0.6% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 16,534 km | $3.8M (2024) | 0% | 30 | Rapid growth |
| 25 | Indonesia | Nigeria | $3.7M | +302.2% | +181.7% | +89.6% | 0.6% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 11,576 km | $3.7M (2024) | 0% | 9 | Rapid growth |

## Definitions

Latest trade values are reported merchandise trade observations. CAGR, market share, HHI, volatility, and peak comparisons are calculated indicators over the available history. FTA, tariffs, and distance provide route context where available. Missing values remain unavailable and are not imputed or presented as forecasts.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.

## Continue your research

- [Open the HS4 workspace](https://www.yugalinks.com/app?hs=0907)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/0907)
- [Read the HS2 overview](https://www.yugalinks.com/trade/sector/hs2/09)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read methodology](https://www.yugalinks.com/methodology)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)