{
  "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": "2026-08-28T10:23:43.237Z",
  "title": "HS4 7103 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7103 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7103/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 7103",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7103"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7103/corridors"
    }
  ],
  "hs4": "7103",
  "parentHs2": "71",
  "subsectorName": "Stones",
  "overview": {
    "hs4": "7103",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 10423554709.696985,
    "trade_avg_3y_usd": 12737605643.916307,
    "trade_avg_5y_usd": 10387830981.94628,
    "trade_avg_10y_usd": 10002503093.645924,
    "trade_cagr_3y_pct": 4.672213676201253,
    "trade_cagr_5y_pct": 2.964112429439303,
    "trade_cagr_10y_pct": -9.17574140857167,
    "historical_peak_usd": 27289604188.344517,
    "historical_peak_year": 2014,
    "latest_below_peak_pct": 61.80393589530726,
    "yoy_growth_latest_pct": -14.275258266205952,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 13.847955084772924,
    "trend_label": "Growing",
    "exporter_concentration_hhi": 897.7790686500849,
    "importer_concentration_hhi": 1505.999528293715,
    "trade_volatility_cv": 0.8373757483561958,
    "active_corridor_count": 3829,
    "active_exporter_count": 163,
    "active_importer_count": 165,
    "active_hs6_count": 3,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 10423554709.696985,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 5325034455.091624,
    "topFiveSharePct": 20.11096767729605,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "USA",
      "importerIso3": "HKG",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 825018851.63428,
      "cagr3": 42.581955850965,
      "cagr5": 11.831836548418062,
      "cagr10": 5.0676731863172675,
      "share": 7.9149471999870515,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 12979,
      "historicalPeakUsd": 825018851.63428,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  },
  "indicators": {
    "tradeCagr3yPct": 4.672213676201253,
    "tradeCagr5yPct": 2.964112429439303,
    "tradeCagr10yPct": -9.17574140857167,
    "latestYoyPct": -14.275258266205952,
    "trendLabel": "Growing",
    "historicalPeakUsd": 27289604188.344517,
    "historicalPeakYear": 2014,
    "latestBelowPeakPct": 61.80393589530726,
    "exporterConcentrationHhi": 897.7790686500849,
    "importerConcentrationHhi": 1505.999528293715,
    "tradeVolatilityCv": 0.8373757483561958,
    "yearsWithData": 30
  },
  "answer": "USA, Puerto Rico and US Virgin Islands to China, Hong Kong Special Administrative Region leads the reported HS4 7103 routes with $825.0M in 2024 and +42.6% calculated three-year growth. The HS4 subsector recorded $10.4B in latest reported trade, with +4.7% calculated three-year growth.",
  "corridors": [
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      "exporterIso3": "USA",
      "importerIso3": "HKG",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "China, Hong Kong Special Administrative Region",
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      "cagr3": 42.581955850965,
      "cagr5": 11.831836548418062,
      "cagr10": 5.0676731863172675,
      "share": 7.9149471999870515,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 12979,
      "historicalPeakUsd": 825018851.63428,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 2,
      "exporterIso3": "USA",
      "importerIso3": "CHE",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Switzerland, Liechtenstein",
      "value": 360983360.42978483,
      "cagr3": 8.993933351213057,
      "cagr5": -0.1390235708620069,
      "cagr10": 4.463102252091677,
      "share": 3.463150244646998,
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      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 6339,
      "historicalPeakUsd": 423899117.4687228,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 14.842153344086684,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
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      "rank": 3,
      "exporterIso3": "THA",
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      "exporterName": "Thailand",
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      "historicalPeakYear": 2024,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
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      "importerName": "China, Hong Kong Special Administrative Region",
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      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "France",
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      "rank": 8,
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      "importerName": "USA, Puerto Rico and US Virgin Islands",
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    },
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      "hasFta": true,
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      "rank": 11,
      "exporterIso3": "IND",
      "importerIso3": "USA",
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    },
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      "rank": 13,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 14,
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      "ftaKnown": true,
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      "preferentialTariffPct": 0.019705195414795353,
      "tariffAdvantagePp": 0.03949893585389151,
      "distanceKm": 487,
      "historicalPeakUsd": 177227471.412263,
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      "latestBelowPeakPct": 7.274117995923758,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 15,
      "exporterIso3": "USA",
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      "exporterName": "USA, Puerto Rico and US Virgin Islands",
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      "cagr3": 48.7300944550431,
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      "ftaKnown": true,
      "hasFta": false,
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      "appliedTariffPct": 0.3057545667454546,
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      "preferentialTariffPct": null,
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      "distanceKm": 13951,
      "historicalPeakUsd": 161649608.84212223,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 16,
      "exporterIso3": "HKG",
      "importerIso3": "FRA",
      "exporterName": "China, Hong Kong Special Administrative Region",
      "importerName": "France",
      "value": 143344665.3548578,
      "cagr3": 21.77743273203747,
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      "share": 1.3751994338505742,
      "ftaKnown": true,
      "hasFta": false,
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      "appliedTariffPct": 0.021459679842030305,
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      "tariffAdvantagePp": 0.03948345883733584,
      "distanceKm": 9648,
      "historicalPeakUsd": 143344665.3548578,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 17,
      "exporterIso3": "LKA",
      "importerIso3": "USA",
      "exporterName": "Sri Lanka",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 129500699.08283505,
      "cagr3": 22.00876764689317,
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      "ftaKnown": true,
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