HS4 subsector corridor intelligence

Graphite
top trade corridors

HS4 2504 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 25041995-2024Declining
The route picture at a glanceHS4 2504 - reported trade
01

Latest HS4 trade

$529.2MReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$81.8MLatest reported value
04

Leading route growth

+37.9%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

China to USA, Puerto Rico and US Virgin Islands leads the reported HS4 2504 routes.

The leading route recorded $81.8M in 2024, with +37.9% calculated three-year growth. Across the HS4 subsector, latest reported trade was $529.2M, with -3.4% calculated three-year growth. Read the HS4 overview ↗

Leading route$81.8M15.5% of latest HS4 trade

Top HS4 corridors

Where Graphite trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 2504 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$81.8M+37.9%+31.5%+12.4%15.5%No FTA reported0%0%Not reportedNot reported11,883 km$116.0M202229.5%30Rapid growth
2ChinaCHNJapanJPN$57.9M-14%-11.4%-4.3%10.9%No FTA reported0%0%0%+0 pp1,763 km$144.9M201160.1%30Rapid decline
3ChinaCHNRepublic of KoreaKOR$43.8M-24.1%-13.6%-3.1%8.3%FTA reported0.1%0.1%0.1%+0 pp867 km$130.9M202266.5%30Rapid decline
4ChinaCHNGermanyDEU$16.9M+4.3%+6.6%-2.3%3.2%No FTA reported0%0.1%0%+0 pp8,415 km$21.3M201420.5%30Growing
5CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$14.4M-0.7%-0.1%-1.5%2.7%FTA reported0%0%0%+0 pp556 km$19.0M201224.1%30Stable
6United Rep. of TanzaniaTZAChinaCHN$13.4M+181.5%+29.9%+111.8%2.5%No FTA reported0.3%0.3%0%+0.3 pp9,666 km$13.4M20240%12Rapid growth
7MadagascarMDGIndiaIND$12.8M+11.9%+24.7%+20.8%2.4%No FTA reported0.5%0.5%0%+0.5 pp6,157 km$12.8M20240%26Rapid growth
8ChinaCHNIndonesiaIDN$8.2M+66.1%+51.1%+13.6%1.6%FTA reported0.2%0.2%0.1%+0.1 pp4,425 km$8.2M20240%30Rapid growth
9MadagascarMDGChinaCHN$7.7M-18.6%-12.9%+106.2%1.5%No FTA reported0.3%0.3%0%+0.3 pp9,643 km$29.0M202273.3%13Rapid decline
10BrazilBRAGermanyDEU$6.9M-14.2%-10.2%+1.5%1.3%No FTA reported0%0.1%0%+0 pp10,232 km$12.2M202243.2%30Rapid decline
11MadagascarMDGGermanyDEU$6.2M+25.1%+18.7%+8.7%1.2%FTA reported0%0.1%0%+0.1 pp8,574 km$6.2M20220%30Rapid growth
12MadagascarMDGUSA, Puerto Rico and US Virgin IslandsUSA$6.1M+12.8%+14%+18.3%1.2%No FTA reported0%0%0%+0 pp14,002 km$7.4M202217.6%30Rapid growth
13ChinaCHNPolandPOL$6.1M+46.8%+10.8%-0.7%1.2%No FTA reported0.1%0.1%0.1%+0.1 pp7,985 km$9.9M201138.4%30Rapid growth
14USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$6.1M+26.9%+34.5%+8.8%1.2%FTA reported0.1%0.1%0%+0.1 pp3,359 km$7.5M201618.4%30Rapid growth
15Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$5.8M+611%+1,064.6%+85.3%1.1%FTA reported0%0%0%+0 pp11,077 km$5.8M20240%20Rapid growth
16MozambiqueMOZIndiaIND$5.6M+40.5%+9.3%Not reported1.1%No FTA reported0.5%0.5%0.1%+0.4 pp7,709 km$5.6M20240%8Rapid growth
17MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$5.0M+6.8%-0.3%-4.4%0.9%FTA reported0%0%0%+0 pp3,359 km$7.9M201436.3%30Growing
18GermanyDEUFranceFRA$5.0M+25.3%+12.7%+8.5%0.9%FTA reported0%0%0%+0 pp881 km$5.0M20240%30Rapid growth
19ChinaCHNTaiwanTWN$4.7M-4.2%-0%+0.1%0.9%No FTA reportedNot reportedNot reportedNot reportedNot reported688 km$7.8M201139.8%30Declining
20NetherlandsNLDGermanyDEU$4.6M+22.7%+14.8%+0.8%0.9%FTA reported0%0%0%+0 pp579 km$5.6M201218.6%30Rapid growth
21GermanyDEUAustriaAUT$4.6M-6.6%-5.6%-4.7%0.9%FTA reported0%0%0%+0 pp524 km$8.2M201044.2%30Declining
22BrazilBRAUSA, Puerto Rico and US Virgin IslandsUSA$4.4M-10%-1.7%-6.8%0.8%No FTA reported0%0%0%+0 pp7,658 km$9.7M201554.6%30Rapid decline
23United Rep. of TanzaniaTZAIndiaIND$4.1M+156%+97%+144.3%0.8%No FTA reported0.5%0.5%0.1%+0.4 pp5,656 km$4.1M20240%12Rapid growth
24MozambiqueMOZUSA, Puerto Rico and US Virgin IslandsUSA$4.0M+54.1%+33.8%+48.6%0.8%No FTA reported0%0%0%+0 pp13,183 km$12.0M202366.9%13Rapid growth
25GermanyDEUSwedenSWE$3.9M+8.4%+9.5%+5%0.7%FTA reported0%0%0%+0 pp811 km$3.9M20240%30Growing

Movement to watch

Growth leaders for HS4 2504

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Republic of Korea to USA, Puerto Rico and US Virgin Islands

+611%calculated 3-year CAGR
$5.8M latest value1.1% market shareRapid growth
02Growth leader

United Rep. of Tanzania to China

+181.5%calculated 3-year CAGR
$13.4M latest value2.5% market shareRapid growth
03Growth leader

United Rep. of Tanzania to India

+156%calculated 3-year CAGR
$4.1M latest value0.8% market shareRapid growth
04Growth leader

China to Indonesia

+66.1%calculated 3-year CAGR
$8.2M latest value1.6% market shareRapid growth
05Growth leader

Mozambique to USA, Puerto Rico and US Virgin Islands

+54.1%calculated 3-year CAGR
$4.0M latest value0.8% market shareRapid growth

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$107.8M

11 displayed routes with average calculated growth of +69.2%.

Average applied tariff
0.1%
Average tariff advantage
+0 pp
No FTA reported$232.5M

14 displayed routes with average calculated growth of +34.6%.

Average applied tariff
0.2%
Average tariff advantage
+0.2 pp
Lowest reported applied tariffFTA reported

Germany to France

0%

Routes with an available applied tariff. Latest route value: $5.0M.

Applied 0%Advantage +0 pp881 km
Largest reported tariff advantageNo FTA reported

Madagascar to India

+0.5 pp

Routes with an available tariff advantage. Latest route value: $12.8M.

Applied 0.5%Advantage +0.5 pp6,157 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$340.3M

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-3.4%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI2,706 / 1,256.6

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.5

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $779.9M in 2022. Latest below peak: 32.1%.

Coverage and breadth1995-2024

30 observed years; 1,575 active corridors, 114 exporters, 166 importers, and 2 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 2504. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.