HS4 subsector corridor intelligence

Pigments
top trade corridors

HS4 3207 - 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 32071995-2024Declining
The route picture at a glanceHS4 3207 - reported trade
01

Latest HS4 trade

$4.6BReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$215.7MLatest reported value
04

Leading route growth

-4.9%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

Republic of Korea to China leads the reported HS4 3207 routes.

The leading route recorded $215.7M in 2024, with -4.9% calculated three-year growth. Across the HS4 subsector, latest reported trade was $4.6B, with -7.1% calculated three-year growth. Read the HS4 overview ↗

Leading route$215.7M4.7% of latest HS4 trade

Top HS4 corridors

Where Pigments 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 3207 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
1Republic of KoreaKORChinaCHN$215.7M-4.9%+21.8%+2.4%4.7%FTA reported0.3%0.3%0.1%+0.2 pp867 km$317.1M201632%30Declining
2JapanJPNChinaCHN$190.4M-15.2%+0.3%+1.9%4.2%No FTA reported0.3%0.3%Not reportedNot reported1,763 km$311.8M202138.9%30Rapid decline
3SpainESPItalyITA$152.3M+3.8%+7.7%+4.2%3.3%FTA reported0%0%0%+0 pp1,366 km$184.9M202217.7%30Growing
4SpainESPIndiaIND$83.7M-4.8%+0.4%+8.4%1.8%No FTA reported0.5%0.5%Not reportedNot reported7,286 km$102.5M202218.3%30Declining
5SpainESPPortugalPRT$78.9M+24.9%+19.7%+7.7%1.7%FTA reported0%0%0%+0 pp504 km$93.2M202315.4%30Rapid growth
6ChinaCHNSaudi ArabiaSAU$75.2M+3.3%+28%+60.5%1.6%No FTA reported0.1%0.1%Not reportedNot reported7,253 km$148.5M202249.4%29Growing
7TaiwanTWNChinaCHN$74.2M-20.2%+5.9%-9%1.6%No FTA reportedNot reportedNot reportedNot reportedNot reported688 km$291.7M201674.6%30Rapid decline
8Republic of KoreaKORPhilippinesPHL$63.5M-35.1%-7.1%+6.1%1.4%FTA reported0.2%0.2%0%+0.2 pp2,613 km$232.1M202172.6%30Rapid decline
9MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$60.4M-1.5%+10.3%+7.9%1.3%FTA reported0%0%0%+0 pp3,359 km$83.0M202227.2%30Stable
10USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$58.4M+9.7%+4.3%+2.4%1.3%FTA reported0.1%0.1%0%+0.1 pp3,359 km$61.6M20235.2%30Growing
11SpainESPTurkeyTUR$58.4M+2.1%+10.1%+3%1.3%FTA reported0.1%0.1%0%+0.1 pp2,744 km$65.5M202210.9%30Stable
12JapanJPNTaiwanTWN$58.2M-21%+2.1%-1.8%1.3%No FTA reportedNot reportedNot reportedNot reportedNot reported2,109 km$118.2M202150.8%30Rapid decline
13ItalyITAAlgeriaDZA$55.3M+267.7%+116.6%+60.3%1.2%FTA reported0.2%0.2%0.1%+0.2 pp993 km$61.5M202310%30Rapid growth
14SpainESPMoroccoMAR$49.0M+3%+5.5%+0.1%1.1%FTA reported0.5%0.5%0%+0.5 pp833 km$54.1M20139.4%30Growing
15JapanJPNRepublic of KoreaKOR$47.5M-13.4%-7.7%-3.7%1%No FTA reported0.1%0.1%Not reportedNot reported1,155 km$91.7M200648.2%30Rapid decline
16ChinaCHNViet NamVNM$45.6M-17.8%-8.3%-4.2%1%FTA reported0.2%0.2%0%+0.1 pp2,732 km$100.4M202054.6%30Rapid decline
17JapanJPNPhilippinesPHL$43.5M-1.7%+10.6%+12.7%1%FTA reported0.2%0.2%0%+0.2 pp2,990 km$45.8M20215%30Stable
18PortugalPRTAlgeriaDZA$42.1M+2,132.7%+408.7%+66.3%0.9%FTA reported0.2%0.2%0.1%+0.2 pp1,095 km$42.1M20240%24Rapid growth
19ChinaCHNIndiaIND$41.9M+13.1%+14.7%+7.9%0.9%No FTA reported0.5%0.5%0.1%+0.5 pp4,252 km$43.3M20233.2%29Rapid growth
20SpainESPPolandPOL$41.0M-0.9%+3.1%+1.3%0.9%FTA reported0.1%0.1%0%+0 pp2,294 km$50.0M200818.1%30Stable
21TaiwanTWNMalaysiaMYS$36.0M-0.4%+0.6%+9%0.8%No FTA reportedNot reportedNot reportedNot reportedNot reported3,217 km$73.4M202051%30Stable
22TurkeyTURRussiaRUS$34.4M+104.7%+61%+25%0.8%No FTA reported0.1%0.1%0.1%+0 pp1,757 km$41.7M202317.5%30Rapid growth
23SpainESPEgyptEGY$33.8M-4.7%+3.7%-5.1%0.7%FTA reported0.3%0.3%0.1%+0.3 pp3,357 km$91.9M200863.2%30Declining
24TaiwanTWNLaosLAO$32.5M+6,876.8%+1,177%+234.5%0.7%No FTA reportedNot reportedNot reportedNot reportedNot reported2,102 km$32.5M20240%7Rapid growth
25BrazilBRAArgentinaARG$31.6M+16.2%+18.1%+7.9%0.7%FTA reported0.1%0.1%0%+0.1 pp1,675 km$31.6M20240%30Rapid growth

Movement to watch

Growth leaders for HS4 3207

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

Taiwan to Laos

+6,876.8%calculated 3-year CAGR
$32.5M latest value0.7% market shareRapid growth
02Growth leader

Portugal to Algeria

+2,132.7%calculated 3-year CAGR
$42.1M latest value0.9% market shareRapid growth
03Growth leader

Italy to Algeria

+267.7%calculated 3-year CAGR
$55.3M latest value1.2% market shareRapid growth
04Growth leader

Turkey to Russia

+104.7%calculated 3-year CAGR
$34.4M latest value0.8% market shareRapid growth
05Growth leader

Spain to Portugal

+24.9%calculated 3-year CAGR
$78.9M latest value1.7% 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$1.0B

15 displayed routes with average calculated growth of +159.6%.

Average applied tariff
0.2%
Average tariff advantage
+0.1 pp
No FTA reported$674.0M

10 displayed routes with average calculated growth of +692.3%.

Average applied tariff
0.3%
Average tariff advantage
+0.2 pp
Lowest reported applied tariffFTA reported

Spain to Italy

0%

Routes with an available applied tariff. Latest route value: $152.3M.

Applied 0%Advantage +0 pp1,366 km
Largest reported tariff advantageFTA reported

Spain to Morocco

+0.5 pp

Routes with an available tariff advantage. Latest route value: $49.0M.

Applied 0.5%Advantage +0.5 pp833 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$1.7B

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-7.1%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI1,413.2 / 582.3

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

Trade volatility0.4

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $5.8B in 2011. Latest below peak: 21.4%.

Coverage and breadth1995-2024

30 observed years; 3,403 active corridors, 139 exporters, 191 importers, and 4 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 3207. 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.