{
  "template": "T9",
  "canonicalTemplate": "TS-HS4-CORRIDOR-09-SUBSECTOR-TOP-CORRIDORS",
  "templateName": "HS4 Subsector Top Trade Corridors",
  "pageType": "HS4 subsector top trade corridors",
  "source": "api",
  "robots": "index, follow",
  "generatedAt": "2026-08-28T10:23:28.976Z",
  "title": "HS4 4703 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 4703 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/4703/corridors",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "branding": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp",
    "linkedin": "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 2026-08-28)",
    "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": "2026-08-28",
    "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": "2026-08-28"
      }
    ]
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "HS4 4703",
      "url": "https://www.yugalinks.com/trade/sector/hs4/4703"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/4703/corridors"
    }
  ],
  "hs4": "4703",
  "parentHs2": "47",
  "subsectorName": "Wood pulp",
  "overview": {
    "hs4": "4703",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 38183675792.57382,
    "trade_avg_3y_usd": 38573993122.92836,
    "trade_avg_5y_usd": 35526241916.6553,
    "trade_avg_10y_usd": 33656792647.339622,
    "trade_cagr_3y_pct": 3.640038372679788,
    "trade_cagr_5y_pct": 2.935314336874173,
    "trade_cagr_10y_pct": 2.696276293725508,
    "historical_peak_usd": 40652667572.803955,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 6.073381963947313,
    "yoy_growth_latest_pct": 5.200409272480696,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 0.94376207895428,
    "trend_label": "Growing",
    "exporter_concentration_hhi": 1753.2692789567366,
    "importer_concentration_hhi": 1765.845075807518,
    "trade_volatility_cv": 0.3558084373924058,
    "active_corridor_count": 1639,
    "active_exporter_count": 99,
    "active_importer_count": 145,
    "active_hs6_count": 4,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 38183675792.57382,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 21974714378.411682,
    "topFiveSharePct": 29.452618214589332,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "BRA",
      "importerIso3": "CHN",
      "exporterName": "Brazil",
      "importerName": "China",
      "value": 4381850968.681473,
      "cagr3": 12.963464386182366,
      "cagr5": 7.015028988341232,
      "cagr10": 10.936996913855968,
      "share": 11.475718033237857,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3018987556787879,
      "mfnTariffPct": 0.3018987556787879,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 18570,
      "historicalPeakUsd": 4381850968.681473,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  },
  "indicators": {
    "tradeCagr3yPct": 3.640038372679788,
    "tradeCagr5yPct": 2.935314336874173,
    "tradeCagr10yPct": 2.696276293725508,
    "latestYoyPct": 5.200409272480696,
    "trendLabel": "Growing",
    "historicalPeakUsd": 40652667572.803955,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 6.073381963947313,
    "exporterConcentrationHhi": 1753.2692789567366,
    "importerConcentrationHhi": 1765.845075807518,
    "tradeVolatilityCv": 0.3558084373924058,
    "yearsWithData": 30
  },
  "answer": "Brazil to China leads the reported HS4 4703 routes with $4.4B in 2024 and +13% calculated three-year growth. The HS4 subsector recorded $38.2B in latest reported trade, with +3.6% calculated three-year growth.",
  "corridors": [
    {
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      "importerIso3": "CHN",
      "exporterName": "Brazil",
      "importerName": "China",
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      "cagr3": 12.963464386182366,
      "cagr5": 7.015028988341232,
      "cagr10": 10.936996913855968,
      "share": 11.475718033237857,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3018987556787879,
      "mfnTariffPct": 0.3018987556787879,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 18570,
      "historicalPeakUsd": 4381850968.681473,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 2,
      "exporterIso3": "IDN",
      "importerIso3": "CHN",
      "exporterName": "Indonesia",
      "importerName": "China",
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      "cagr3": -0.25690577016522775,
      "cagr5": 3.3514257539881465,
      "cagr10": 5.528379265104566,
      "share": 4.864108523430137,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "preferentialTariffPct": 0.06881434869696969,
      "tariffAdvantagePp": 0.2330844069818181,
      "distanceKm": 4425,
      "historicalPeakUsd": 2050112508.0536203,
      "historicalPeakYear": 2023,
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      "trendLabel": "Stable"
    },
    {
      "rank": 3,
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      "importerIso3": "CHN",
      "exporterName": "Chile",
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      "rank": 4,
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      "distanceKm": 11441,
      "historicalPeakUsd": 2242934165.415713,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 27.8847370803944,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 5,
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      "importerIso3": "USA",
      "exporterName": "Canada",
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    },
    {
      "rank": 6,
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      "exporterName": "Brazil",
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      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "historicalPeakUsd": 1436100764.4006507,
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      "trendLabel": "Growing"
    },
    {
      "rank": 7,
      "exporterIso3": "FIN",
      "importerIso3": "CHN",
      "exporterName": "Finland",
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    },
    {
      "rank": 8,
      "exporterIso3": "RUS",
      "importerIso3": "CHN",
      "exporterName": "Russia",
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      "cagr10": 5.708996374519626,
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    },
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      "rank": 11,
      "exporterIso3": "URY",
      "importerIso3": "CHN",
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      "historicalPeakUsd": 891106996.5305008,
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    },
    {
      "rank": 14,
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      "exporterName": "Brazil",
      "importerName": "Germany",
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      "ftaKnown": true,
      "hasFta": false,
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      "tariffAdvantagePp": 0.04222919446151489,
      "distanceKm": 10232,
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    },
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      "rank": 15,
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      "exporterName": "Sweden",
      "importerName": "Germany",
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      "cagr3": -4.454901552328627,
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      "ftaKnown": true,
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      "appliedTariffPct": 0.03670099625308642,
      "mfnTariffPct": 0.03670099625308642,
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      "distanceKm": 811,
      "historicalPeakUsd": 690403111.6476169,
      "historicalPeakYear": 2008,
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      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 16,
      "exporterIso3": "USA",
      "importerIso3": "JPN",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Japan",
      "value": 316217535.6788103,
      "cagr3": -1.7386236275118705,
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      "share": 0.8281484930801504,
      "ftaKnown": true,
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      "accessLabel": "No FTA reported",
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      "tariffAdvantagePp": 0.011864807382303031,
      "distanceKm": 10872,
      "historicalPeakUsd": 618738204.4372585,
      "historicalPeakYear": 1995,
      "latestBelowPeakPct": 48.89316137082408,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 17,
      "exporterIso3": "URY",
      "importerIso3": "ITA",
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      "importerName": "Italy",
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