# HS4 1502 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
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Explore reported HS4 1502 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1502/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **1502 - Fats of bovine animals, sheep or goats**
- Parent sector: [HS2 15 overview](https://www.yugalinks.com/trade/sector/hs2/15)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

Brazil to USA, Puerto Rico and US Virgin Islands leads the reported HS4 1502 routes with $314.4M in 2024 and +184.7% calculated three-year growth. The HS4 subsector recorded $2.6B in latest reported trade, with +2.2% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 1502 in the workspace](https://www.yugalinks.com/app?hs=1502)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/1502)
- [Read the parent HS2 overview](https://www.yugalinks.com/trade/sector/hs2/15)
- [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 | $2.6B | Reported value in 2024 |
| Displayed corridor value | $2.0B | Sum of the routes shown |
| HS4 3-year CAGR | +2.2% | Calculated annualized change |
| HS4 5-year CAGR | +16.9% | Calculated annualized change |
| HS4 10-year CAGR | +6.2% | Calculated annualized change |
| Latest year-on-year change | -9.8% | Calculated change from the prior year |
| Reported trend | Stable | Available HS4 trend label |
| Historical peak | $3.3B in 2022 | Reported-history comparison |
| Latest below peak | 23.4% | Calculated peak comparison |
| Exporter / importer HHI | 1,222.2 / 2,293 | Calculated concentration indicators |
| Trade volatility | 0.5 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 1,133 / 110 / 162 / 2 | Latest available breadth |

## Growth leaders

- **Argentina -> USA, Puerto Rico and US Virgin Islands**: +279.1% calculated three-year CAGR, $55.1M latest reported value, 2.2% market share, trend Rapid growth.
- **Uruguay -> Singapore**: +226.7% calculated three-year CAGR, $42.5M latest reported value, 1.7% market share, trend Rapid growth.
- **Viet Nam -> Malaysia**: +210.2% calculated three-year CAGR, $28.1M latest reported value, 1.1% market share, trend Rapid growth.
- **Brazil -> USA, Puerto Rico and US Virgin Islands**: +184.7% calculated three-year CAGR, $314.4M latest reported value, 12.3% market share, trend Rapid growth.
- **Uruguay -> Mexico**: +141.2% calculated three-year CAGR, $20.6M latest reported value, 0.8% 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 | $1.5B | 19 | +22.7% | 0.1% | +0 pp |
| No FTA reported | $548.1M | 6 | +132.7% | 0.1% | +0 pp |

- Lowest reported applied tariff route: **France -> Belgium** at 0%.
- Largest reported tariff advantage route: **USA, Puerto Rico and US Virgin Islands -> Mexico** at +0.1 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 | Brazil | USA, Puerto Rico and US Virgin Islands | $314.4M | +184.7% | +560.1% | +163.6% | 12.3% | No FTA reported | 0% | 0% | 0% | +0 pp | 7,658 km | $314.4M (2024) | 0% | 11 | Rapid growth |
| 2 | Australia | Singapore | $279.8M | +2% | +23.9% | +4.9% | 11% | FTA reported | 0% | 0% | 0% | +0 pp | 6,047 km | $279.8M (2024) | 0% | 30 | Stable |
| 3 | Canada | USA, Puerto Rico and US Virgin Islands | $214.0M | -8.6% | +10.3% | +15% | 8.4% | FTA reported | 0% | 0% | 0% | +0 pp | 556 km | $436.3M (2022) | 51% | 30 | Declining |
| 4 | Australia | USA, Puerto Rico and US Virgin Islands | $206.7M | +20.8% | +62.6% | +141.8% | 8.1% | FTA reported | 0% | 0% | 0% | +0 pp | 16,672 km | $353.2M (2023) | 41.5% | 26 | Rapid growth |
| 5 | USA, Puerto Rico and US Virgin Islands | Canada | $113.3M | +10.6% | +36.9% | +17.9% | 4.4% | FTA reported | 0% | 0.1% | 0% | +0 pp | 556 km | $113.3M (2024) | 0% | 30 | Rapid growth |
| 6 | USA, Puerto Rico and US Virgin Islands | Mexico | $94.4M | -28.4% | -12.7% | -9.4% | 3.7% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 3,359 km | $415.5M (2011) | 77.3% | 30 | Rapid decline |
| 7 | Malaysia | Singapore | $84.1M | +28.9% | +82.8% | +178.3% | 3.3% | FTA reported | 0% | 0% | 0% | +0 pp | 316 km | $235.5M (2023) | 64.3% | 21 | Rapid growth |
| 8 | Uruguay | USA, Puerto Rico and US Virgin Islands | $71.9M | +92.4% | +130.6% | +138.7% | 2.8% | No FTA reported | 0% | 0% | 0% | +0 pp | 8,563 km | $100.3M (2023) | 28.3% | 9 | Rapid growth |
| 9 | Australia | Malaysia | $62.4M | +101.1% | +294.5% | +81% | 2.4% | FTA reported | 0.1% | 0.1% | 0.2% | -0 pp | 6,358 km | $62.4M (2024) | 0% | 30 | Rapid growth |
| 10 | New Zealand | Singapore | $60.5M | -4% | +24% | +6.6% | 2.4% | FTA reported | 0% | 0% | 0% | +0 pp | 8,411 km | $71.6M (2022) | 15.5% | 28 | Declining |
| 11 | France | Belgium | $60.4M | -7.4% | +5.2% | +1.2% | 2.4% | FTA reported | 0% | 0% | 0% | +0 pp | 264 km | $99.4M (2022) | 39.2% | 26 | Declining |
| 12 | Argentina | USA, Puerto Rico and US Virgin Islands | $55.1M | +279.1% | +227.7% | +226.4% | 2.2% | No FTA reported | 0% | 0% | 0% | +0 pp | 8,492 km | $69.3M (2023) | 20.6% | 11 | Rapid growth |
| 13 | Uruguay | Singapore | $42.5M | +226.7% | +50.7% | +27% | 1.7% | No FTA reported | 0% | 0% | Not reported | Not reported | 15,757 km | $42.5M (2024) | 0% | 7 | Rapid growth |
| 14 | Paraguay | Brazil | $35.6M | -6.7% | +14.4% | +6.1% | 1.4% | FTA reported | 0.3% | 0.3% | 0.2% | +0.1 pp | 1,132 km | $59.1M (2022) | 39.8% | 30 | Declining |
| 15 | Germany | Netherlands | $35.1M | -8% | +2.7% | +1.9% | 1.4% | FTA reported | 0% | 0% | 0% | +0 pp | 579 km | $60.8M (2023) | 42.3% | 30 | Declining |
| 16 | New Zealand | USA, Puerto Rico and US Virgin Islands | $35.0M | -17.4% | +183.6% | +136.1% | 1.4% | No FTA reported | 0% | 0% | Not reported | Not reported | 14,187 km | $117.7M (2022) | 70.3% | 25 | Rapid decline |
| 17 | India | Malaysia | $32.3M | +10.8% | +71.9% | +215% | 1.3% | FTA reported | 0.1% | 0.1% | Not reported | Not reported | 3,834 km | $120.8M (2023) | 73.2% | 12 | Rapid growth |
| 18 | France | Netherlands | $30.1M | -7.1% | +18.8% | +24.2% | 1.2% | FTA reported | 0% | 0% | 0% | +0 pp | 431 km | $55.4M (2023) | 45.6% | 30 | Declining |
| 19 | Brazil | China | $29.3M | +30.5% | +105.1% | +161.2% | 1.1% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 18,570 km | $31.8M (2022) | 7.8% | 9 | Rapid growth |
| 20 | Viet Nam | Malaysia | $28.1M | +210.2% | +501.2% | +145.2% | 1.1% | FTA reported | 0.1% | 0.1% | 0.1% | +0.1 pp | 1,005 km | $33.5M (2023) | 16.1% | 7 | Rapid growth |
| 21 | Germany | Belgium | $27.7M | +1.5% | +18.9% | +11.2% | 1.1% | FTA reported | 0% | 0% | 0% | +0 pp | 653 km | $34.1M (2022) | 18.8% | 26 | Stable |
| 22 | France | Spain | $27.4M | -12.4% | +6.6% | -1.6% | 1.1% | FTA reported | 0% | 0% | 0% | +0 pp | 1,053 km | $50.2M (2011) | 45.5% | 30 | Rapid decline |
| 23 | USA, Puerto Rico and US Virgin Islands | Singapore | $25.8M | -41.3% | -10.1% | +24.4% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 15,347 km | $195.6M (2020) | 86.8% | 21 | Rapid decline |
| 24 | Uruguay | Mexico | $20.6M | +141.2% | +45% | +16.9% | 0.8% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 7,530 km | $20.6M (2024) | 0% | 12 | Rapid growth |
| 25 | Argentina | Uruguay | $18.4M | +27.4% | +44.7% | +21.7% | 0.7% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 206 km | $30.5M (2023) | 39.8% | 30 | 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=1502)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/1502)
- [Read the HS2 overview](https://www.yugalinks.com/trade/sector/hs2/15)
- [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)
