# HS4 2605 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
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Explore reported HS4 2605 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/2605/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **2605 - Cobalt ores and concentrates**
- Parent sector: [HS2 26 overview](https://www.yugalinks.com/trade/sector/hs2/26)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

Democratic Republic of the Congo to United Arab Emirates leads the reported HS4 2605 routes with $8.0M in 2024 and +23.7% calculated three-year growth. The HS4 subsector recorded $20.2M in latest reported trade, with -31.2% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 2605 in the workspace](https://www.yugalinks.com/app?hs=2605)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/2605)
- [Read the parent HS2 overview](https://www.yugalinks.com/trade/sector/hs2/26)
- [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 | $20.2M | Reported value in 2024 |
| Displayed corridor value | $19.7M | Sum of the routes shown |
| HS4 3-year CAGR | -31.2% | Calculated annualized change |
| HS4 5-year CAGR | -29.7% | Calculated annualized change |
| HS4 10-year CAGR | -26.9% | Calculated annualized change |
| Latest year-on-year change | -63% | Calculated change from the prior year |
| Reported trend | Rapid decline | Available HS4 trend label |
| Historical peak | $1.3B in 2008 | Reported-history comparison |
| Latest below peak | 98.4% | Calculated peak comparison |
| Exporter / importer HHI | 2,989.4 / 2,486.9 | Calculated concentration indicators |
| Trade volatility | 0.9 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 180 / 58 / 64 / 1 | Latest available breadth |

## Growth leaders

- **United Kingdom -> Netherlands**: +429.8% calculated three-year CAGR, $121.4K latest reported value, 0.6% market share, trend Rapid growth.
- **Zambia -> China**: +163.7% calculated three-year CAGR, $644.1K latest reported value, 3.2% market share, trend Rapid growth.
- **Canada -> India**: +149.3% calculated three-year CAGR, $31.1K latest reported value, 0.2% market share, trend Rapid growth.
- **Zambia -> South Africa**: +107.1% calculated three-year CAGR, $286.7K latest reported value, 1.4% market share, trend Rapid growth.
- **Italy -> France**: +89.2% calculated three-year CAGR, $3.9M latest reported value, 19.4% 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 | $5.0M | 13 | +43.2% | 0.1% | +0 pp |
| No FTA reported | $14.7M | 12 | +27.4% | 0.2% | +0.3 pp |

- Lowest reported applied tariff route: **Italy -> France** at 0%.
- Largest reported tariff advantage route: **Zambia -> China** at +0.3 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 | Democratic Republic of the Congo | United Arab Emirates | $8.0M | +23.7% | -3.6% | -10.5% | 39.8% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 5,422 km | $103.8M (2018) | 92.3% | 12 | Rapid growth |
| 2 | Italy | France | $3.9M | +89.2% | +598.2% | +132.6% | 19.4% | FTA reported | 0% | 0% | 0% | +0 pp | 1,106 km | $3.9M (2024) | 0% | 9 | Rapid growth |
| 3 | Laos | Taiwan | $3.1M | Not reported | Not reported | Not reported | 15.1% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 2,102 km | $3.1M (2024) | 0% | 1 | Insufficient history |
| 4 | Democratic Republic of the Congo | China | $1.7M | -64.9% | -54.3% | -38.5% | 8.6% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 11,798 km | $799.3M (2008) | 99.8% | 26 | Rapid decline |
| 5 | Taiwan | China | $752.5K | +63.3% | +34.2% | +15.9% | 3.7% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 688 km | $752.5K (2024) | 0% | 14 | Rapid growth |
| 6 | Zambia | China | $644.1K | +163.7% | -24.6% | +17.6% | 3.2% | No FTA reported | 0.3% | 0.3% | 0% | +0.3 pp | 11,183 km | $16.5M (2008) | 96.1% | 24 | Rapid growth |
| 7 | Zambia | South Africa | $286.7K | +107.1% | +28.3% | +237.7% | 1.4% | FTA reported | 0.1% | 0.1% | 0.1% | +0.1 pp | 1,195 km | $36.6M (2009) | 99.2% | 23 | Rapid growth |
| 8 | Netherlands | Belgium | $146.2K | -23.3% | -16.3% | +21.2% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 174 km | $2.0M (2015) | 92.8% | 23 | Rapid decline |
| 9 | Republic of Korea | South Africa | $145.1K | +5.3% | +101.1% | Not reported | 0.7% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 12,483 km | $145.1K (2024) | 0% | 6 | Growing |
| 10 | United Kingdom | United Arab Emirates | $121.8K | +6.2% | +3.7% | +153.8% | 0.6% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 5,477 km | $121.8K (2024) | 0% | 7 | Growing |
| 11 | United Kingdom | Netherlands | $121.4K | +429.8% | +154.4% | +8.9% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 358 km | $141.0K (2022) | 13.9% | 13 | Rapid growth |
| 12 | Austria | Finland | $108.9K | -77.6% | -54.1% | -28.2% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 1,441 km | $11.1M (2018) | 99% | 22 | Rapid decline |
| 13 | Netherlands | Italy | $91.6K | +31.5% | +17.9% | +8.6% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 1,298 km | $957.1K (2022) | 90.4% | 13 | Rapid growth |
| 14 | Germany | Finland | $78.6K | -57.4% | +119.2% | +22.9% | 0.4% | FTA reported | 0% | 0% | 0% | +0 pp | 1,107 km | $4.0M (2004) | 98% | 10 | Rapid decline |
| 15 | Germany | USA, Puerto Rico and US Virgin Islands | $65.9K | -7.2% | +3.4% | +32.1% | 0.3% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,402 km | $649.1K (2023) | 89.8% | 8 | Declining |
| 16 | United Kingdom | India | $55.9K | -6% | -1.3% | +12.8% | 0.3% | No FTA reported | 0.5% | 0.5% | Not reported | Not reported | 6,720 km | $86.9K (2020) | 35.7% | 15 | Declining |
| 17 | China | USA, Puerto Rico and US Virgin Islands | $52.9K | -41.6% | +5.5% | -10.9% | 0.3% | No FTA reported | 0% | 0% | Not reported | Not reported | 11,883 km | $12.1M (2007) | 99.6% | 15 | Rapid decline |
| 18 | Australia | Malaysia | $50.5K | -17.3% | -10.5% | +30.4% | 0.3% | FTA reported | 0.1% | 0.1% | 0.2% | -0 pp | 6,358 km | $89.4K (2021) | 43.5% | 12 | Rapid decline |
| 19 | USA, Puerto Rico and US Virgin Islands | Ireland | $41.5K | +9.8% | +532% | +151.4% | 0.2% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 5,129 km | $83.9K (2022) | 50.5% | 16 | Growing |
| 20 | Belgium | Poland | $41.0K | Not reported | Not reported | Not reported | 0.2% | FTA reported | 0.1% | 0.1% | 0% | +0 pp | 1,164 km | $41.0K (2024) | 0% | 3 | Insufficient history |
| 21 | Mexico | Malaysia | $35.6K | Not reported | Not reported | Not reported | 0.2% | FTA reported | 0.1% | 0.1% | Not reported | Not reported | 16,638 km | $133.0K (2023) | 73.2% | 3 | Insufficient history |
| 22 | United Kingdom | Ireland | $35.5K | -18.4% | -14.5% | -5.2% | 0.2% | FTA reported | 0% | 0% | 0% | +0 pp | 463 km | $121.1K (2010) | 70.7% | 27 | Rapid decline |
| 23 | China | Malaysia | $32.5K | -76.7% | -58.2% | +46.3% | 0.2% | FTA reported | 0.1% | 0.1% | 0.1% | +0.1 pp | 3,737 km | $2.6M (2019) | 98.7% | 6 | Rapid decline |
| 24 | United Kingdom | Czechia | $31.5K | +88.3% | +0% | +15.2% | 0.2% | FTA reported | 0% | 0% | 0% | +0 pp | 1,036 km | $45.6K (2023) | 30.8% | 20 | Rapid growth |
| 25 | Canada | India | $31.1K | +149.3% | +73% | +5.3% | 0.2% | No FTA reported | 0.5% | 0.5% | Not reported | Not reported | 11,646 km | $31.1K (2024) | 0% | 3 | 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=2605)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/2605)
- [Read the HS2 overview](https://www.yugalinks.com/trade/sector/hs2/26)
- [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)