# Waxes (HS4 3404) Trade Overview | Yugalinks

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Waxes at HS4 3404, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/3404

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## Answer

The waxes subsector recorded $4.0B in reported global trade in 2024, with +7.1% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $4.0B |
| Latest annual change | +7.1% |
| Active exporters | 144 |
| Active importers | 197 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $755.1M | 2,006 | 2 |
| 1996 | $744.2M | 2,064 | 2 |
| 1997 | $756.0M | 2,099 | 2 |
| 1998 | $777.9M | 2,164 | 2 |
| 1999 | $888.0M | 2,348 | 2 |
| 2000 | $910.6M | 2,705 | 2 |
| 2001 | $862.5M | 2,732 | 2 |
| 2002 | $989.0M | 2,854 | 2 |
| 2003 | $1.1B | 2,981 | 2 |
| 2004 | $1.4B | 3,109 | 2 |
| 2005 | $1.4B | 3,174 | 2 |
| 2006 | $1.6B | 3,370 | 2 |
| 2007 | $1.9B | 3,367 | 2 |
| 2008 | $2.1B | 3,390 | 2 |
| 2009 | $1.8B | 3,496 | 2 |
| 2010 | $2.1B | 3,536 | 2 |
| 2011 | $2.5B | 3,588 | 2 |
| 2012 | $2.6B | 3,701 | 2 |
| 2013 | $2.7B | 3,741 | 2 |
| 2014 | $2.8B | 3,878 | 2 |
| 2015 | $2.5B | 3,880 | 2 |
| 2016 | $2.5B | 3,983 | 2 |
| 2017 | $2.7B | 4,071 | 2 |
| 2018 | $2.9B | 4,230 | 2 |
| 2019 | $2.7B | 4,246 | 2 |
| 2020 | $2.7B | 4,204 | 2 |
| 2021 | $3.7B | 4,244 | 2 |
| 2022 | $4.3B | 4,433 | 2 |
| 2023 | $3.7B | 4,375 | 2 |
| 2024 | $4.0B | 4,372 | 2 |

## Leading corridors

- USA, Puerto Rico and US Virgin Islands to Canada: $92.6M; growth +14.9%.
- Indonesia to China: $89.6M; growth +25.9%.
- USA, Puerto Rico and US Virgin Islands to China: $82.0M; growth -7%.
- Republic of Korea to India: $76.8M; growth +5.3%.
- Malaysia to China: $67.7M; growth -3.4%.
- Republic of Korea to China: $64.4M; growth -0.5%.
- Germany to Italy: $63.4M; growth -4.8%.
- China to Viet Nam: $61.8M; growth +13.1%.
- Germany to China: $61.5M; growth +0.1%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $61.4M; growth +6.2%.

## HS6 products

- Waxes: artificial and prepared, of chemically modified lignite (HS6 340410)
- Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol) (HS6 340420)
- Waxes: artificial and prepared, other than of chemically modified lignite or polyethylene glycol (HS6 340490)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

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