HS4 subsector intelligence

Waxes
HS4 3404 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 34041995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$4.0BGlobal subsector value
02

Annual change

+7.1%Latest year on year
03

Exporters

144Active reporting countries
04

Importers

197Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$4.0B in trade, with +2.5% annualized growth over three years.

Waxes is recorded across 4,372 active corridors, with 144 exporters and 197 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $755.1M1996: $744.2M1997: $756.0M1998: $777.9M1999: $888.0M2000: $910.6M2001: $862.5M2002: $989.0M2003: $1.1B2004: $1.4B2005: $1.4B2006: $1.6B2007: $1.9B2008: $2.1B2009: $1.8B2010: $2.1B2011: $2.5B2012: $2.6B2013: $2.7B2014: $2.8B2015: $2.5B2016: $2.5B2017: $2.7B2018: $2.9B2019: $2.7B2020: $2.7B2021: $3.7B2022: $4.3B2023: $3.7B2024: $4.0B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$92.6M+14.9%2556 kmYes
2IndonesiaIDNChinaCHN$89.6M+25.9%14,425 kmYes
3USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$82.0M-7%211,883 kmNo
4Republic of KoreaKORIndiaIND$76.8M+5.3%24,692 kmYes
5MalaysiaMYSChinaCHN$67.7M-3.4%23,737 kmYes
6Republic of KoreaKORChinaCHN$64.4M-0.5%2867 kmYes
7GermanyDEUItalyITA$63.4M-4.8%21,184 kmYes
8ChinaCHNViet NamVNM$61.8M+13.1%22,732 kmYes
9GermanyDEUChinaCHN$61.5M+0.1%28,415 kmNo
10USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$61.4M+6.2%23,359 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1GermanyDEU$683.9M1442
2ChinaCHN$513.6M1642
3USA, Puerto Rico and US Virgin IslandsUSA$507.0M1492
4Republic of KoreaKOR$344.9M942
5DenmarkDNK$176.3M1112
6MalaysiaMYS$163.5M942
7NetherlandsNLD$158.2M1132
8BelgiumBEL$144.6M1082
9IndonesiaIDN$127.5M652
10ItalyITA$125.5M1272
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$501.1M522
2USA, Puerto Rico and US Virgin IslandsUSA$290.4M592
3GermanyDEU$221.6M772
4IndiaIND$220.8M522
5TurkeyTUR$187.4M552
6ItalyITA$180.9M492
7FranceFRA$176.3M642
8NetherlandsNLD$139.5M662
9Viet NamVNM$122.3M352
10SpainESP$120.4M612

HS6 product coverage

The products inside HS4 3404

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownWaxes
01
Waxes: artificial and prepared, of chemically modified ligniteHS6 340410
02
Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol)HS6 340420
03
Waxes: artificial and prepared, other than of chemically modified lignite or polyethylene glycolHS6 340490

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). 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.