# HS4 1508 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Explore reported HS4 1508 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/1508/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **1508 - Vegetable oils**
- Parent sector: [HS2 15 overview](https://www.yugalinks.com/trade/sector/hs2/15)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

India to China leads the reported HS4 1508 routes with $324.3M in 2024 and +6.1% calculated three-year growth. The HS4 subsector recorded $688.8M in latest reported trade, with -2% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 1508 in the workspace](https://www.yugalinks.com/app?hs=1508)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/1508)
- [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 | $688.8M | Reported value in 2024 |
| Displayed corridor value | $603.7M | Sum of the routes shown |
| HS4 3-year CAGR | -2% | Calculated annualized change |
| HS4 5-year CAGR | +9.7% | Calculated annualized change |
| HS4 10-year CAGR | +7.7% | Calculated annualized change |
| Latest year-on-year change | -2.1% | Calculated change from the prior year |
| Reported trend | Stable | Available HS4 trend label |
| Historical peak | $732.2M in 2021 | Reported-history comparison |
| Latest below peak | 5.9% | Calculated peak comparison |
| Exporter / importer HHI | 2,507.6 / 2,967.9 | Calculated concentration indicators |
| Trade volatility | 0.5 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 1,251 / 118 / 182 / 2 | Latest available breadth |

## Growth leaders

- **Brazil -> Netherlands**: +252.8% calculated three-year CAGR, $10.7M latest reported value, 1.5% market share, trend Rapid growth.
- **Nicaragua -> Netherlands**: +187.5% calculated three-year CAGR, $5.5M latest reported value, 0.8% market share, trend Rapid growth.
- **Viet Nam -> China**: +131.2% calculated three-year CAGR, $5.5M latest reported value, 0.8% market share, trend Rapid growth.
- **India -> Viet Nam**: +81% calculated three-year CAGR, $3.7M latest reported value, 0.5% market share, trend Rapid growth.
- **India -> USA, Puerto Rico and US Virgin Islands**: +60.3% calculated three-year CAGR, $4.3M latest reported value, 0.6% 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 | $92.2M | 13 | +40.1% | 0% | +0 pp |
| No FTA reported | $511.5M | 12 | +27.9% | 0.1% | +0.1 pp |

- Lowest reported applied tariff route: **China -> China, Hong Kong Special Administrative Region** at 0%.
- Largest reported tariff advantage route: **Viet Nam -> China** at +0.2 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 | India | China | $324.3M | +6.1% | +67.9% | +29.6% | 47.1% | No FTA reported | 0.3% | 0.3% | 0.1% | +0.2 pp | 4,252 km | $324.3M (2024) | 0% | 20 | Growing |
| 2 | Brazil | China | $49.0M | -18.9% | +4.5% | +11.5% | 7.1% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 18,570 km | $210.5M (2022) | 76.7% | 18 | Rapid decline |
| 3 | Argentina | USA, Puerto Rico and US Virgin Islands | $38.9M | +4.2% | +27.2% | +15% | 5.6% | No FTA reported | 0% | 0% | 0% | +0 pp | 8,492 km | $38.9M (2024) | 0% | 28 | Growing |
| 4 | Brazil | Italy | $29.4M | -5.8% | +18.1% | -0% | 4.3% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 9,457 km | $52.6M (2012) | 44.1% | 24 | Declining |
| 5 | Argentina | China | $24.9M | -14.5% | -23.5% | -7% | 3.6% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 19,629 km | $95.3M (2019) | 73.8% | 23 | Rapid decline |
| 6 | China | China, Hong Kong Special Administrative Region | $15.8M | -6.2% | +1.4% | +1.2% | 2.3% | FTA reported | 0% | 0% | Not reported | Not reported | 1,226 km | $22.2M (2008) | 28.8% | 30 | Declining |
| 7 | Nicaragua | USA, Puerto Rico and US Virgin Islands | $11.0M | +26.4% | +3.6% | +1.2% | 1.6% | FTA reported | 0% | 0% | 0% | +0 pp | 3,387 km | $18.5M (2022) | 40.5% | 28 | Rapid growth |
| 8 | Brazil | Netherlands | $10.7M | +252.8% | +379.3% | +106.6% | 1.5% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 9,782 km | $10.7M (2024) | 0% | 28 | Rapid growth |
| 9 | Nicaragua | Italy | $10.4M | -12.7% | +7% | +10.7% | 1.5% | FTA reported | 0% | 0.1% | 0% | +0 pp | 9,829 km | $15.7M (2021) | 33.4% | 11 | Rapid decline |
| 10 | USA, Puerto Rico and US Virgin Islands | Canada | $9.6M | +16.8% | +18.8% | +10.7% | 1.4% | FTA reported | 0% | 0.1% | 0% | +0 pp | 556 km | $10.3M (2023) | 6.5% | 30 | Rapid growth |
| 11 | Belgium | United Kingdom | $9.3M | +16% | +18.8% | +16.4% | 1.3% | FTA reported | 0% | 0% | 0% | +0 pp | 321 km | $9.6M (2023) | 3.5% | 26 | Rapid growth |
| 12 | Brazil | USA, Puerto Rico and US Virgin Islands | $8.8M | +31.6% | +128.4% | +61.7% | 1.3% | No FTA reported | 0% | 0% | 0% | +0 pp | 7,658 km | $8.8M (2024) | 0% | 16 | Rapid growth |
| 13 | Argentina | France | $8.4M | -13.6% | +16.8% | +22% | 1.2% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 11,026 km | $31.7M (2008) | 73.4% | 29 | Rapid decline |
| 14 | Belgium | France | $6.2M | +18.1% | +9.1% | -1.1% | 0.9% | FTA reported | 0% | 0% | 0% | +0 pp | 264 km | $18.0M (2007) | 65.6% | 26 | Rapid growth |
| 15 | Argentina | Belgium | $6.0M | +27.1% | +15.3% | +3.3% | 0.9% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 11,282 km | $6.3M (2006) | 5.6% | 26 | Rapid growth |
| 16 | Nicaragua | Netherlands | $5.5M | +187.5% | +17% | +392.1% | 0.8% | FTA reported | 0% | 0.1% | 0% | +0 pp | 9,027 km | $14.1M (2012) | 61% | 13 | Rapid growth |
| 17 | Viet Nam | China | $5.5M | +131.2% | +406.6% | +125.1% | 0.8% | FTA reported | 0.2% | 0.3% | 0% | +0.2 pp | 2,732 km | $5.5M (2024) | 0% | 7 | Rapid growth |
| 18 | Philippines | Malaysia | $4.9M | Not reported | Not reported | Not reported | 0.7% | FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 2,469 km | $4.9M (2024) | 0% | 1 | Insufficient history |
| 19 | India | USA, Puerto Rico and US Virgin Islands | $4.3M | +60.3% | +51.7% | +153.2% | 0.6% | No FTA reported | 0% | 0% | 0% | +0 pp | 11,771 km | $43.1M (2004) | 90% | 22 | Rapid growth |
| 20 | Belgium | Germany | $3.8M | +10.5% | +14.9% | -0.1% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 653 km | $5.7M (2011) | 34.2% | 26 | Rapid growth |
| 21 | India | Viet Nam | $3.7M | +81% | +53% | +241% | 0.5% | FTA reported | 0.2% | 0.2% | 0.1% | +0.1 pp | 3,652 km | $3.7M (2024) | 0% | 8 | Rapid growth |
| 22 | Senegal | Switzerland, Liechtenstein | $3.4M | +18.3% | -12.4% | +1.1% | 0.5% | No FTA reported | 0% | 0% | 0% | -0 pp | 4,344 km | $29.7M (2007) | 88.5% | 30 | Rapid growth |
| 23 | Nicaragua | China | $3.4M | -12.7% | -12.2% | +4.5% | 0.5% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 14,375 km | $9.9M (2015) | 65.7% | 13 | Rapid decline |
| 24 | France | Netherlands | $3.3M | +7.9% | +6.6% | +8.4% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 431 km | $4.0M (2022) | 18.2% | 30 | Growing |
| 25 | Netherlands | Norway | $3.2M | +4.9% | +10.4% | +102.2% | 0.5% | FTA reported | 0% | 0% | 0% | -0 pp | 914 km | $4.1M (2023) | 21.9% | 29 | Growing |

## 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=1508)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/1508)
- [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)
