Latest trade
$5.6BGlobal subsector valueHS4 subsector intelligence
Waters
HS4 2201 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
+13.9%Latest year on yearExporters
191Active reporting countriesImporters
200Active reporting countriesHS6 products
2Classifications inside HS4The subsector read
$5.6B in trade, with +10.5% annualized growth over three years.
Waters is recorded across 5,874 active corridors, with 191 exporters and 200 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $643.1M | +2.3% | 2 | 1,226 km | Yes |
| 2 | ItalyITA | USA, Puerto Rico and US Virgin IslandsUSA | $409.3M | +26% | 2 | 6,907 km | No |
| 3 | FranceFRA | BelgiumBEL | $306.5M | +17.8% | 2 | 264 km | Yes |
| 4 | FranceFRA | GermanyDEU | $248.0M | +19.2% | 2 | 881 km | Yes |
| 5 | ItalyITA | FranceFRA | $193.5M | +18.4% | 2 | 1,106 km | Yes |
| 6 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $183.2M | +22.1% | 2 | 3,359 km | Yes |
| 7 | FijiFJI | USA, Puerto Rico and US Virgin IslandsUSA | $180.1M | +9.8% | 2 | 12,770 km | No |
| 8 | FranceFRA | USA, Puerto Rico and US Virgin IslandsUSA | $177.6M | +6.6% | 2 | 5,852 km | No |
| 9 | FranceFRA | United KingdomGBR | $166.1M | +35.7% | 2 | 344 km | Yes |
| 10 | BelgiumBEL | NetherlandsNLD | $86.1M | +13.1% | 2 | 174 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | FranceFRA | $1.6B | 160 | 2 |
| 2 | ItalyITA | $1.0B | 145 | 2 |
| 3 | ChinaCHN | $745.6M | 112 | 2 |
| 4 | FijiFJI | $206.5M | 71 | 2 |
| 5 | USA, Puerto Rico and US Virgin IslandsUSA | $191.3M | 134 | 2 |
| 6 | MexicoMEX | $184.4M | 43 | 2 |
| 7 | BelgiumBEL | $178.4M | 152 | 2 |
| 8 | GeorgiaGEO | $163.5M | 58 | 2 |
| 9 | GermanyDEU | $163.0M | 112 | 2 |
| 10 | TurkeyTUR | $79.0M | 164 | 2 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $1.1B | 111 | 2 |
| 2 | China, Hong Kong Special Administrative RegionHKG | $673.3M | 46 | 2 |
| 3 | GermanyDEU | $358.9M | 106 | 2 |
| 4 | BelgiumBEL | $357.8M | 100 | 2 |
| 5 | United KingdomGBR | $326.2M | 103 | 2 |
| 6 | FranceFRA | $256.7M | 121 | 2 |
| 7 | NetherlandsNLD | $236.3M | 130 | 2 |
| 8 | ChinaCHN | $169.0M | 83 | 2 |
| 9 | Switzerland, LiechtensteinCHE | $145.2M | 63 | 2 |
| 10 | United Arab EmiratesARE | $137.0M | 82 | 2 |
HS6 product coverage
The products inside HS4 2201
Six-digit classifications make the subsector specific. Browse the product workspace ↗
2 classifications shownWaters
Waters: mineral and aerated, including natural or artificial, (not containing added sugar or other sweetening matter nor flavoured)HS6 220110
Waters: other than mineral and aerated, (not containing added sugar or other sweetening matter nor flavoured), ice and snowHS6 220190
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.