{
  "template": "T9",
  "canonicalTemplate": "TS-HS4-CORRIDOR-09-SUBSECTOR-TOP-CORRIDORS",
  "templateName": "HS4 Subsector Top Trade Corridors",
  "pageType": "HS4 subsector top trade corridors",
  "source": "api",
  "robots": "index, follow",
  "generatedAt": "2026-08-28T10:23:10.981Z",
  "title": "HS4 2403 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 2403 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/2403/corridors",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "branding": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-28",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-28"
      }
    ]
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "HS4 2403",
      "url": "https://www.yugalinks.com/trade/sector/hs4/2403"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/2403/corridors"
    }
  ],
  "hs4": "2403",
  "parentHs2": "24",
  "subsectorName": "Tobacco, smoking",
  "overview": {
    "hs4": "2403",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 12776747843.756329,
    "trade_avg_3y_usd": 11939065178.021463,
    "trade_avg_5y_usd": 11363568033.328045,
    "trade_avg_10y_usd": 9168035839.653439,
    "trade_cagr_3y_pct": 4.867432485856216,
    "trade_cagr_5y_pct": 7.674613858014245,
    "trade_cagr_10y_pct": 8.692145773302396,
    "historical_peak_usd": 12776747843.756329,
    "historical_peak_year": 2024,
    "latest_below_peak_pct": 0,
    "yoy_growth_latest_pct": 0.5535247965797323,
    "positive_growth_year_share_pct": 79.3103448275862,
    "trend_acceleration_pct": -3.8247132874461807,
    "trend_label": "Growing",
    "exporter_concentration_hhi": 1409.1734498125734,
    "importer_concentration_hhi": 1054.763274366393,
    "trade_volatility_cv": 0.7201410743229925,
    "active_corridor_count": 3820,
    "active_exporter_count": 156,
    "active_importer_count": 197,
    "active_hs6_count": 4,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 12776747843.756329,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 6008206971.03362,
    "topFiveSharePct": 22.678197691563174,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "ITA",
      "importerIso3": "JPN",
      "exporterName": "Italy",
      "importerName": "Japan",
      "value": 1109016515.1196795,
      "cagr3": -15.421125304205074,
      "cagr5": -3.2198135384572946,
      "cagr10": 108.28138528286293,
      "share": 8.679959318925023,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.039966357792484856,
      "mfnTariffPct": 0.04060224438230304,
      "preferentialTariffPct": 0.010188575276318182,
      "tariffAdvantagePp": 0.030413669105984857,
      "distanceKm": 9878,
      "historicalPeakUsd": 1832957121.5709853,
      "historicalPeakYear": 2021,
      "latestBelowPeakPct": 39.49577422906833,
      "yearsWithData": 21,
      "trendLabel": "Rapid decline"
    }
  },
  "indicators": {
    "tradeCagr3yPct": 4.867432485856216,
    "tradeCagr5yPct": 7.674613858014245,
    "tradeCagr10yPct": 8.692145773302396,
    "latestYoyPct": 0.5535247965797323,
    "trendLabel": "Growing",
    "historicalPeakUsd": 12776747843.756329,
    "historicalPeakYear": 2024,
    "latestBelowPeakPct": 0,
    "exporterConcentrationHhi": 1409.1734498125734,
    "importerConcentrationHhi": 1054.763274366393,
    "tradeVolatilityCv": 0.7201410743229925,
    "yearsWithData": 30
  },
  "answer": "Italy to Japan leads the reported HS4 2403 routes with $1.1B in 2024 and -15.4% calculated three-year growth. The HS4 subsector recorded $12.8B in latest reported trade, with +4.9% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "ITA",
      "importerIso3": "JPN",
      "exporterName": "Italy",
      "importerName": "Japan",
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      "cagr3": -15.421125304205074,
      "cagr5": -3.2198135384572946,
      "cagr10": 108.28138528286293,
      "share": 8.679959318925023,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.039966357792484856,
      "mfnTariffPct": 0.04060224438230304,
      "preferentialTariffPct": 0.010188575276318182,
      "tariffAdvantagePp": 0.030413669105984857,
      "distanceKm": 9878,
      "historicalPeakUsd": 1832957121.5709853,
      "historicalPeakYear": 2021,
      "latestBelowPeakPct": 39.49577422906833,
      "yearsWithData": 21,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 2,
      "exporterIso3": "ROU",
      "importerIso3": "JPN",
      "exporterName": "Romania",
      "importerName": "Japan",
      "value": 595400138.4364138,
      "cagr3": 40.29216665894035,
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      "tariffAdvantagePp": 0.02526399066557173,
      "distanceKm": 8899,
      "historicalPeakUsd": 696533667.1472355,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 14.519546359478962,
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    },
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      "rank": 3,
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      "distanceKm": 9527,
      "historicalPeakUsd": 460481225.09362155,
      "historicalPeakYear": 2023,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
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      "importerIso3": "NOR",
      "exporterName": "Sweden",
      "importerName": "Norway",
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      "trendLabel": "Declining"
    },
    {
      "rank": 7,
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      "importerIso3": "DZA",
      "exporterName": "Serbia",
      "importerName": "Algeria",
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    },
    {
      "rank": 8,
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      "historicalPeakUsd": 228364625.19319242,
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    },
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    },
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      "rank": 11,
      "exporterIso3": "ARE",
      "importerIso3": "IRQ",
      "exporterName": "United Arab Emirates",
      "importerName": "Iraq",
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      "historicalPeakUsd": 189508111.67699996,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 12,
      "exporterIso3": "DNK",
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    },
    {
      "rank": 15,
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      "importerIso3": "ESP",
      "exporterName": "Germany",
      "importerName": "Spain",
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    },
    {
      "rank": 16,
      "exporterIso3": "ITA",
      "importerIso3": "PRT",
      "exporterName": "Italy",
      "importerName": "Portugal",
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      "cagr3": 25.486851130952083,
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      "ftaKnown": true,
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      "accessLabel": "FTA reported",
      "appliedTariffPct": 0,
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      "historicalPeakUsd": 140482534.3335986,
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    },
    {
      "rank": 17,
      "exporterIso3": "FRA",
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      "importerName": "United Arab Emirates",
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      "appliedTariffPct": 0.052146291145454514,
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      "distanceKm": 5251,
      "historicalPeakUsd": 138648335.68246305,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
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