{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Waxes (HS4 3404) Trade Overview | Yugalinks",
  "description": "Review reported global trade for waxes at HS4 3404, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/3404",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "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 2026-08-27)",
    "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": "2026-08-27",
    "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": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/3404/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/3404/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/3404/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/3404/index.ld.json",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
  },
  "subsector": {
    "hs4": "3404",
    "name": "Waxes"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The waxes subsector recorded $4.0B in reported global trade in 2024, with +7.1% annual change.",
  "keyFigures": {
    "latestTradeUsd": 3952544144.445529,
    "latestAnnualChangePct": 7.141070588034371,
    "activeExporters": 144,
    "activeImporters": 197,
    "activeHs6Products": 2
  },
  "growthAndStructure": {
    "trendLabel": "Stable",
    "tradeCagr3yPct": 2.4574736667455577,
    "tradeCagr5yPct": 7.645109304126985,
    "historicalPeakUsd": 4331055275.774684,
    "historicalPeakYear": 2022,
    "positiveGrowthYearSharePct": 72.41379310344827,
    "exporterConcentrationHhi": 1338.2915515598827,
    "importerConcentrationHhi": 566.5961892247051,
    "tradeVolatilityCv": 0.4950313774996332
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  "annualRows": [
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      "year": 1995,
      "hs4": 3404,
      "global_trade_usd": 755108270.3716037,
      "corridor_count": 2006,
      "active_hs6_count": 2
    },
    {
      "year": 1996,
      "hs4": 3404,
      "global_trade_usd": 744172698.0649894,
      "corridor_count": 2064,
      "active_hs6_count": 2
    },
    {
      "year": 1997,
      "hs4": 3404,
      "global_trade_usd": 755972732.0236576,
      "corridor_count": 2099,
      "active_hs6_count": 2
    },
    {
      "year": 1998,
      "hs4": 3404,
      "global_trade_usd": 777865773.3955872,
      "corridor_count": 2164,
      "active_hs6_count": 2
    },
    {
      "year": 1999,
      "hs4": 3404,
      "global_trade_usd": 887991889.6576376,
      "corridor_count": 2348,
      "active_hs6_count": 2
    },
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      "year": 2000,
      "hs4": 3404,
      "global_trade_usd": 910552125.2004448,
      "corridor_count": 2705,
      "active_hs6_count": 2
    },
    {
      "year": 2001,
      "hs4": 3404,
      "global_trade_usd": 862529340.5833962,
      "corridor_count": 2732,
      "active_hs6_count": 2
    },
    {
      "year": 2002,
      "hs4": 3404,
      "global_trade_usd": 989002334.9065546,
      "corridor_count": 2854,
      "active_hs6_count": 2
    },
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      "year": 2003,
      "hs4": 3404,
      "global_trade_usd": 1144665041.2628717,
      "corridor_count": 2981,
      "active_hs6_count": 2
    },
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      "year": 2004,
      "hs4": 3404,
      "global_trade_usd": 1393955489.5814023,
      "corridor_count": 3109,
      "active_hs6_count": 2
    },
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      "year": 2005,
      "hs4": 3404,
      "global_trade_usd": 1421456320.7116654,
      "corridor_count": 3174,
      "active_hs6_count": 2
    },
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      "year": 2006,
      "hs4": 3404,
      "global_trade_usd": 1630395092.0479748,
      "corridor_count": 3370,
      "active_hs6_count": 2
    },
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      "year": 2007,
      "hs4": 3404,
      "global_trade_usd": 1904621113.1317778,
      "corridor_count": 3367,
      "active_hs6_count": 2
    },
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      "year": 2008,
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      "corridor_count": 3390,
      "active_hs6_count": 2
    },
    {
      "year": 2009,
      "hs4": 3404,
      "global_trade_usd": 1768870716.2598245,
      "corridor_count": 3496,
      "active_hs6_count": 2
    },
    {
      "year": 2010,
      "hs4": 3404,
      "global_trade_usd": 2144846761.4017072,
      "corridor_count": 3536,
      "active_hs6_count": 2
    },
    {
      "year": 2011,
      "hs4": 3404,
      "global_trade_usd": 2527860061.5213923,
      "corridor_count": 3588,
      "active_hs6_count": 2
    },
    {
      "year": 2012,
      "hs4": 3404,
      "global_trade_usd": 2591822192.6174326,
      "corridor_count": 3701,
      "active_hs6_count": 2
    },
    {
      "year": 2013,
      "hs4": 3404,
      "global_trade_usd": 2744303121.7066364,
      "corridor_count": 3741,
      "active_hs6_count": 2
    },
    {
      "year": 2014,
      "hs4": 3404,
      "global_trade_usd": 2764511455.69614,
      "corridor_count": 3878,
      "active_hs6_count": 2
    },
    {
      "year": 2015,
      "hs4": 3404,
      "global_trade_usd": 2514311792.9901414,
      "corridor_count": 3880,
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    },
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      "year": 2016,
      "hs4": 3404,
      "global_trade_usd": 2488438152.8602424,
      "corridor_count": 3983,
      "active_hs6_count": 2
    },
    {
      "year": 2017,
      "hs4": 3404,
      "global_trade_usd": 2684341920.5233426,
      "corridor_count": 4071,
      "active_hs6_count": 2
    },
    {
      "year": 2018,
      "hs4": 3404,
      "global_trade_usd": 2910972395.1138463,
      "corridor_count": 4230,
      "active_hs6_count": 2
    },
    {
      "year": 2019,
      "hs4": 3404,
      "global_trade_usd": 2734671809.3464174,
      "corridor_count": 4246,
      "active_hs6_count": 2
    },
    {
      "year": 2020,
      "hs4": 3404,
      "global_trade_usd": 2725287634.3227134,
      "corridor_count": 4204,
      "active_hs6_count": 2
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      "year": 2021,
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      "year": 2022,
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      "year": 2023,
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    },
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      "refreshed_at": "2026-07-20 09:37:48",
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      "exporter_name": "Germany",
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    },
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      "year": 2024,
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    },
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      "year": 2024,
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      "imports_usd": 120385969.70650007,
      "trade_balance_usd": -59837119.53413978,
      "export_partner_count": 124,
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      "active_hs6_count": 2,
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  ],
  "products": [
    {
      "hs_code": "340410",
      "product_name": "Waxes: artificial and prepared, of chemically modified lignite"
    },
    {
      "hs_code": "340420",
      "product_name": "Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol)"
    },
    {
      "hs_code": "340490",
      "product_name": "Waxes: artificial and prepared, other than of chemically modified lignite or polyethylene glycol"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}