# HS4 3201 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Explore reported HS4 3201 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/3201/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **3201 - Tanning extracts of vegetable origin**
- Parent sector: [HS2 32 overview](https://www.yugalinks.com/trade/sector/hs2/32)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

Indonesia to India leads the reported HS4 3201 routes with $63.0M in 2024 and +12.5% calculated three-year growth. The HS4 subsector recorded $390.0M in latest reported trade, with +2.6% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 3201 in the workspace](https://www.yugalinks.com/app?hs=3201)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/3201)
- [Read the parent HS2 overview](https://www.yugalinks.com/trade/sector/hs2/32)
- [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 | $390.0M | Reported value in 2024 |
| Displayed corridor value | $207.9M | Sum of the routes shown |
| HS4 3-year CAGR | +2.6% | Calculated annualized change |
| HS4 5-year CAGR | +3% | Calculated annualized change |
| HS4 10-year CAGR | +0.4% | Calculated annualized change |
| Latest year-on-year change | +7.9% | Calculated change from the prior year |
| Reported trend | Stable | Available HS4 trend label |
| Historical peak | $390.0M in 2024 | Reported-history comparison |
| Latest below peak | 0% | Calculated peak comparison |
| Exporter / importer HHI | 3,497.5 / 1,083.4 | Calculated concentration indicators |
| Trade volatility | 0.3 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 1,644 / 106 / 167 / 3 | Latest available breadth |

## Growth leaders

- **USA, Puerto Rico and US Virgin Islands -> Malaysia**: +1,343.7% calculated three-year CAGR, $20.7M latest reported value, 5.3% market share, trend Rapid growth.
- **USA, Puerto Rico and US Virgin Islands -> Singapore**: +301.9% calculated three-year CAGR, $5.0M latest reported value, 1.3% market share, trend Rapid growth.
- **South Africa -> Cuba**: +221% calculated three-year CAGR, $3.0M latest reported value, 0.8% market share, trend Rapid growth.
- **Argentina -> USA, Puerto Rico and US Virgin Islands**: +23.6% calculated three-year CAGR, $10.4M latest reported value, 2.7% market share, trend Rapid growth.
- **South Africa -> Spain**: +22.7% calculated three-year CAGR, $3.0M latest reported value, 0.8% 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 | $78.5M | 5 | +61.7% | 0.1% | +0.1 pp |
| No FTA reported | $129.4M | 20 | +77.1% | 0.2% | +0.1 pp |

- Lowest reported applied tariff route: **France -> Netherlands** at 0%.
- Largest reported tariff advantage route: **United Rep. of Tanzania -> India** at +0.4 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 | Indonesia | India | $63.0M | +12.5% | +9% | +8.6% | 16.2% | FTA reported | 0.5% | 0.5% | 0.1% | +0.4 pp | 4,999 km | $67.2M (2017) | 6.3% | 30 | Rapid growth |
| 2 | USA, Puerto Rico and US Virgin Islands | Malaysia | $20.7M | +1,343.7% | +313.5% | +122.2% | 5.3% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 15,128 km | $20.7M (2024) | 0% | 30 | Rapid growth |
| 3 | Argentina | Mexico | $12.9M | -6% | +0.3% | -0.1% | 3.3% | No FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 7,372 km | $16.2M (2022) | 20.2% | 30 | Declining |
| 4 | South Africa | China | $11.9M | +5.1% | +9.4% | +3.5% | 3% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 11,775 km | $11.9M (2024) | 0% | 25 | Growing |
| 5 | Argentina | Italy | $10.6M | -5.9% | -6.7% | -4.7% | 2.7% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 11,131 km | $19.4M (2017) | 45.3% | 30 | Declining |
| 6 | Argentina | USA, Puerto Rico and US Virgin Islands | $10.4M | +23.6% | +13.1% | +3% | 2.7% | No FTA reported | 0% | 0% | 0% | +0 pp | 8,492 km | $10.4M (2024) | 0% | 30 | Rapid growth |
| 7 | South Africa | India | $9.1M | +14.3% | +4% | -4.1% | 2.3% | No FTA reported | 0.5% | 0.5% | Not reported | Not reported | 8,029 km | $14.9M (2016) | 39.3% | 25 | Rapid growth |
| 8 | Argentina | China | $7.3M | -3% | +7.4% | +1% | 1.9% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 19,629 km | $14.1M (2023) | 48.7% | 29 | Stable |
| 9 | USA, Puerto Rico and US Virgin Islands | Singapore | $5.0M | +301.9% | +130.2% | +57.1% | 1.3% | FTA reported | 0% | 0% | 0% | +0 pp | 15,347 km | $6.4M (2023) | 21.4% | 30 | Rapid growth |
| 10 | South Africa | Turkey | $4.6M | -13.7% | -3% | +8.8% | 1.2% | No FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 7,442 km | $7.1M (2021) | 35.6% | 25 | Rapid decline |
| 11 | Brazil | China | $4.5M | -21.4% | -2.8% | +0.2% | 1.2% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 18,570 km | $10.5M (2020) | 56.9% | 30 | Rapid decline |
| 12 | Italy | USA, Puerto Rico and US Virgin Islands | $4.4M | +12.4% | +13.2% | +12.4% | 1.1% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,907 km | $4.4M (2024) | 0% | 30 | Rapid growth |
| 13 | Brazil | Mexico | $4.1M | -10.4% | -10.2% | -4.1% | 1% | No FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 7,422 km | $8.2M (2013) | 50.5% | 30 | Rapid decline |
| 14 | Slovenia | Italy | $4.0M | -20.4% | -9.5% | -7.4% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 489 km | $8.6M (2014) | 53.6% | 29 | Rapid decline |
| 15 | Brazil | India | $3.7M | -20.3% | -18.2% | -8.6% | 0.9% | No FTA reported | 0.5% | 0.5% | 0.1% | +0.4 pp | 14,435 km | $11.2M (2018) | 67.4% | 30 | Rapid decline |
| 16 | France | Netherlands | $3.5M | -7.9% | -5.2% | -0.9% | 0.9% | FTA reported | 0% | 0% | 0% | +0 pp | 431 km | $5.5M (2018) | 35.4% | 30 | Declining |
| 17 | Peru | Brazil | $3.4M | -12.4% | +2.7% | +0.5% | 0.9% | No FTA reported | 0.3% | 0.3% | 0.2% | +0.1 pp | 3,455 km | $5.9M (2012) | 41.8% | 26 | Rapid decline |
| 18 | United Rep. of Tanzania | India | $3.4M | +18.5% | +16.3% | +5.9% | 0.9% | No FTA reported | 0.5% | 0.5% | 0.1% | +0.4 pp | 5,656 km | $3.4M (2024) | 0% | 30 | Rapid growth |
| 19 | Argentina | France | $3.2M | -4.3% | -4% | -3.3% | 0.8% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 11,026 km | $4.5M (2018) | 28.6% | 30 | Declining |
| 20 | South Africa | Bangladesh | $3.2M | -1.2% | +13.8% | -2.6% | 0.8% | No FTA reported | 0.7% | 0.7% | Not reported | Not reported | 8,691 km | $4.8M (2013) | 34.4% | 25 | Stable |
| 21 | France | USA, Puerto Rico and US Virgin Islands | $3.2M | -1.1% | +4% | +9.6% | 0.8% | No FTA reported | 0% | 0% | Not reported | Not reported | 5,852 km | $3.3M (2021) | 3.4% | 30 | Stable |
| 22 | South Africa | Brazil | $3.1M | -7.3% | +179.6% | +67.2% | 0.8% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 7,442 km | $3.9M (2022) | 20.9% | 6 | Declining |
| 23 | South Africa | Spain | $3.0M | +22.7% | +24.5% | +12.6% | 0.8% | FTA reported | 0% | 0.1% | 0% | +0 pp | 8,074 km | $3.0M (2024) | 0% | 25 | Rapid growth |
| 24 | South Africa | Cuba | $3.0M | +221% | +184.3% | +59.1% | 0.8% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 13,065 km | $3.0M (2024) | 0% | 7 | Rapid growth |
| 25 | South Africa | USA, Puerto Rico and US Virgin Islands | $2.9M | +10.5% | +14.6% | +2.2% | 0.7% | No FTA reported | 0% | 0% | 0% | +0 pp | 12,833 km | $2.9M (2024) | 0% | 25 | 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=3201)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/3201)
- [Read the HS2 overview](https://www.yugalinks.com/trade/sector/hs2/32)
- [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)