{
  "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": "2026-08-28T10:23:18.944Z",
  "title": "HS4 2932 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 2932 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/2932/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 2932",
      "url": "https://www.yugalinks.com/trade/sector/hs4/2932"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/2932/corridors"
    }
  ],
  "hs4": "2932",
  "parentHs2": "29",
  "subsectorName": "Heterocyclic compounds",
  "overview": {
    "hs4": "2932",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 11980434411.506735,
    "trade_avg_3y_usd": 12283185143.395117,
    "trade_avg_5y_usd": 11606763876.671902,
    "trade_avg_10y_usd": 9631302357.198648,
    "trade_cagr_3y_pct": 0.22732587975677898,
    "trade_cagr_5y_pct": 6.182112569112896,
    "trade_cagr_10y_pct": 6.080119236297765,
    "historical_peak_usd": 12617836774.646246,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 5.051597785923819,
    "yoy_growth_latest_pct": -3.4032520350804485,
    "positive_growth_year_share_pct": 79.3103448275862,
    "trend_acceleration_pct": -5.852793356540986,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 3636.014655808172,
    "importer_concentration_hhi": 2320.554041517316,
    "trade_volatility_cv": 0.37203017943176875,
    "active_corridor_count": 3721,
    "active_exporter_count": 130,
    "active_importer_count": 186,
    "active_hs6_count": 12,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 11980434411.506735,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 6969258298.12584,
    "topFiveSharePct": 31.26525947883682,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "IRL",
      "importerIso3": "USA",
      "exporterName": "Ireland",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 1396900014.587419,
      "cagr3": 1.211417479409027,
      "cagr5": 26.15785310583103,
      "cagr10": 42.70966117205932,
      "share": 11.659844431398511,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.0467447546369697,
      "mfnTariffPct": 0.0467447546369697,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 5129,
      "historicalPeakUsd": 2174245409.348572,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 35.752422031975414,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": 0.22732587975677898,
    "tradeCagr5yPct": 6.182112569112896,
    "tradeCagr10yPct": 6.080119236297765,
    "latestYoyPct": -3.4032520350804485,
    "trendLabel": "Stable",
    "historicalPeakUsd": 12617836774.646246,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 5.051597785923819,
    "exporterConcentrationHhi": 3636.014655808172,
    "importerConcentrationHhi": 2320.554041517316,
    "tradeVolatilityCv": 0.37203017943176875,
    "yearsWithData": 30
  },
  "answer": "Ireland to USA, Puerto Rico and US Virgin Islands leads the reported HS4 2932 routes with $1.4B in 2024 and +1.2% calculated three-year growth. The HS4 subsector recorded $12.0B in latest reported trade, with +0.2% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "IRL",
      "importerIso3": "USA",
      "exporterName": "Ireland",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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      "cagr3": 1.211417479409027,
      "cagr5": 26.15785310583103,
      "cagr10": 42.70966117205932,
      "share": 11.659844431398511,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.0467447546369697,
      "mfnTariffPct": 0.0467447546369697,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 5129,
      "historicalPeakUsd": 2174245409.348572,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 35.752422031975414,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 2,
      "exporterIso3": "DEU",
      "importerIso3": "GRC",
      "exporterName": "Germany",
      "importerName": "Greece",
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      "cagr3": 11.3513413363054,
      "cagr5": 16.50752128368971,
      "cagr10": 84.41726829631698,
      "share": 8.26963745751123,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0,
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      "preferentialTariffPct": 0,
      "tariffAdvantagePp": 0,
      "distanceKm": 1807,
      "historicalPeakUsd": 1044520052.0550059,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 5.148925602976121,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 3,
      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
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      "accessLabel": "No FTA reported",
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      "trendLabel": "Stable"
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      "rank": 4,
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      "importerIso3": "CHN",
      "exporterName": "Ireland",
      "importerName": "China",
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      "ftaKnown": true,
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      "appliedTariffPct": 0.30189875567878777,
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      "tariffAdvantagePp": null,
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      "historicalPeakUsd": 456184690.84461814,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 27,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
      "exporterIso3": "CHN",
      "importerIso3": "USA",
      "exporterName": "China",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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    },
    {
      "rank": 6,
      "exporterIso3": "NLD",
      "importerIso3": "USA",
      "exporterName": "Netherlands",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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    },
    {
      "rank": 7,
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      "importerIso3": "DEU",
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      "importerName": "Germany",
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      "historicalPeakUsd": 313052404.0714398,
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    },
    {
      "rank": 8,
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      "exporterName": "Sweden",
      "importerName": "Russia",
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      "ftaKnown": true,
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    },
    {
      "rank": 10,
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      "importerIso3": "USA",
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    },
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      "rank": 11,
      "exporterIso3": "CHN",
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      "importerName": "Brazil",
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    },
    {
      "rank": 12,
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      "importerIso3": "KOR",
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      "distanceKm": 8415,
      "historicalPeakUsd": 256565648.34120008,
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    },
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      "rank": 15,
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      "importerIso3": "CHN",
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      "historicalPeakUsd": 461280522.0591853,
      "historicalPeakYear": 2018,
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    },
    {
      "rank": 16,
      "exporterIso3": "ITA",
      "importerIso3": "JPN",
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      "importerName": "Japan",
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      "cagr3": 35.42139569269172,
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    },
    {
      "rank": 17,
      "exporterIso3": "DEU",
      "importerIso3": "MEX",
      "exporterName": "Germany",
      "importerName": "Mexico",
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      "cagr3": 35.537380749298904,
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