{
  "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": "2026-08-28T10:23:43.209Z",
  "title": "HS4 7104 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7104 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7104/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 7104",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7104"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors"
    }
  ],
  "hs4": "7104",
  "parentHs2": "71",
  "subsectorName": "Stones",
  "overview": {
    "hs4": "7104",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 4244803012.632341,
    "trade_avg_3y_usd": 5267618595.013031,
    "trade_avg_5y_usd": 4545069866.396654,
    "trade_avg_10y_usd": 3104242453.9641614,
    "trade_cagr_3y_pct": -1.4435103114240566,
    "trade_cagr_5y_pct": 14.321763497240925,
    "trade_cagr_10y_pct": 10.895140216334664,
    "historical_peak_usd": 6304033113.945146,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 32.66528052902488,
    "yoy_growth_latest_pct": -8.168450791947457,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -12.33865052775872,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 2540.5408404310533,
    "importer_concentration_hhi": 2285.947178439736,
    "trade_volatility_cv": 1.0354647799176582,
    "active_corridor_count": 2152,
    "active_exporter_count": 129,
    "active_importer_count": 149,
    "active_hs6_count": 3,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 4244803012.632341,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 3250742452.0490932,
    "topFiveSharePct": 47.226561826221825,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "IND",
      "importerIso3": "USA",
      "exporterName": "India",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 863437227.7328818,
      "cagr3": -2.190221459463848,
      "cagr5": 32.16832094377402,
      "cagr10": 80.55645657991788,
      "share": 20.341043510460484,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023682824094060608,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.00971059566840404,
      "tariffAdvantagePp": 0.037034158968565656,
      "distanceKm": 11771,
      "historicalPeakUsd": 1385555830.860659,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 37.68297108630082,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -1.4435103114240566,
    "tradeCagr5yPct": 14.321763497240925,
    "tradeCagr10yPct": 10.895140216334664,
    "latestYoyPct": -8.168450791947457,
    "trendLabel": "Stable",
    "historicalPeakUsd": 6304033113.945146,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 32.66528052902488,
    "exporterConcentrationHhi": 2540.5408404310533,
    "importerConcentrationHhi": 2285.947178439736,
    "tradeVolatilityCv": 1.0354647799176582,
    "yearsWithData": 30
  },
  "answer": "India to USA, Puerto Rico and US Virgin Islands leads the reported HS4 7104 routes with $863.4M in 2024 and -2.2% calculated three-year growth. The HS4 subsector recorded $4.2B in latest reported trade, with -1.4% calculated three-year growth.",
  "corridors": [
    {
      "rank": 1,
      "exporterIso3": "IND",
      "importerIso3": "USA",
      "exporterName": "India",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 863437227.7328818,
      "cagr3": -2.190221459463848,
      "cagr5": 32.16832094377402,
      "cagr10": 80.55645657991788,
      "share": 20.341043510460484,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023682824094060608,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.00971059566840404,
      "tariffAdvantagePp": 0.037034158968565656,
      "distanceKm": 11771,
      "historicalPeakUsd": 1385555830.860659,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 37.68297108630082,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 2,
      "exporterIso3": "HKG",
      "importerIso3": "IND",
      "exporterName": "China, Hong Kong Special Administrative Region",
      "importerName": "India",
      "value": 489267832.2185717,
      "cagr3": -15.014014333188562,
      "cagr5": 9.602637916891732,
      "cagr10": 30.504538351095988,
      "share": 11.526278858230473,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5323102001373737,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 3769,
      "historicalPeakUsd": 913091205.7882744,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 46.41632411778785,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 3,
      "exporterIso3": "CHN",
      "importerIso3": "HKG",
      "exporterName": "China",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 232952663.2896265,
      "cagr3": -18.152863500340388,
      "cagr5": 25.66124829841265,
      "cagr10": 23.365980437751197,
      "share": 5.487949914197902,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 1226,
      "historicalPeakUsd": 581961373.3995378,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 59.97111252782478,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 4,
      "exporterIso3": "IND",
      "importerIso3": "ARE",
      "exporterName": "India",
      "importerName": "United Arab Emirates",
      "value": 210233989.02604958,
      "cagr3": 18.5353048647819,
      "cagr5": 62.396010492540086,
      "cagr10": 34.088145789105596,
      "share": 4.9527384050662135,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.05214629114545451,
      "mfnTariffPct": 0.05214629114545451,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 2204,
      "historicalPeakUsd": 210233989.02604958,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
      "value": 208782806.89500952,
      "cagr3": 124.49710736686326,
      "cagr5": 82.85795916171641,
      "cagr10": 44.207052016468595,
      "share": 4.918551138266755,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5307908369111112,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": 0.07929677931515151,
      "tariffAdvantagePp": 0.45301342082222223,
      "distanceKm": 4252,
      "historicalPeakUsd": 269301189.98584825,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 22.472378638215066,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 6,
      "exporterIso3": "ARE",
      "importerIso3": "IND",
      "exporterName": "United Arab Emirates",
      "importerName": "India",
      "value": 170547359.33075666,
      "cagr3": 14.303726310190923,
      "cagr5": 60.563910829577196,
      "cagr10": 12.07747602795517,
      "share": 4.017792081828426,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5323102001373737,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 2204,
      "historicalPeakUsd": 296415842.0917424,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 42.463480316287786,
      "yearsWithData": 24,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 7,
      "exporterIso3": "USA",
      "importerIso3": "ARE",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "United Arab Emirates",
      "value": 132911498.53113282,
      "cagr3": 22.98657635339607,
      "cagr5": 120.03042258915788,
      "cagr10": 43.2858496378475,
      "share": 3.1311582218443172,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.05214629114545452,
      "mfnTariffPct": 0.05214629114545452,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11024,
      "historicalPeakUsd": 359704272.92360926,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 63.04978602259769,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 8,
      "exporterIso3": "USA",
      "importerIso3": "IND",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "India",
      "value": 130108703.55916268,
      "cagr3": 11.8433781266015,
      "cagr5": 32.80358705182507,
      "cagr10": 56.03550507457076,
      "share": 3.065129363411331,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5323102001373736,
      "mfnTariffPct": 0.5323102001373736,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11771,
      "historicalPeakUsd": 168542590.486526,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 22.80366453156889,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 9,
      "exporterIso3": "ARE",
      "importerIso3": "HKG",
      "exporterName": "United Arab Emirates",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 100285121.77847394,
      "cagr3": 36.27569787890905,
      "cagr5": 6.631539142059961,
      "cagr10": 23.20775182795314,
      "share": 2.3625388853152898,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 5962,
      "historicalPeakUsd": 159673859.1203204,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 37.19377590610794,
      "yearsWithData": 19,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 10,
      "exporterIso3": "CHN",
      "importerIso3": "ARE",
      "exporterName": "China",
      "importerName": "United Arab Emirates",
      "value": 75110635.99015063,
      "cagr3": 16.54347317410194,
      "cagr5": 51.616401227588035,
      "cagr10": 123.0807585108356,
      "share": 1.769472829872783,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.05214629114545452,
      "mfnTariffPct": 0.05214629114545452,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 6430,
      "historicalPeakUsd": 182522487.92058244,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 58.84855787039671,
      "yearsWithData": 27,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 11,
      "exporterIso3": "IND",
      "importerIso3": "HKG",
      "exporterName": "India",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 68615686.32388987,
      "cagr3": -25.562574227520606,
      "cagr5": -19.307200340127338,
      "cagr10": 28.46381298085696,
      "share": 1.6164633816856213,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 3769,
      "historicalPeakUsd": 200562388.59314728,
      "historicalPeakYear": 2019,
      "latestBelowPeakPct": 65.78835802405561,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 12,
      "exporterIso3": "ARE",
      "importerIso3": "USA",
      "exporterName": "United Arab Emirates",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 58983240.5218173,
      "cagr3": 1.6152100042479356,
      "cagr5": 3.2469740482570897,
      "cagr10": 122.59452847051864,
      "share": 1.389540111667982,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.046744754636969706,
      "mfnTariffPct": 0.046744754636969706,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11024,
      "historicalPeakUsd": 88356301.33414163,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 33.24387776401221,
      "yearsWithData": 19,
      "trendLabel": "Stable"
    },
    {
      "rank": 13,
      "exporterIso3": "HKG",
      "importerIso3": "ARE",
      "exporterName": "China, Hong Kong Special Administrative Region",
      "importerName": "United Arab Emirates",
      "value": 58408484.548179746,
      "cagr3": -13.19370006244991,
      "cagr5": -8.601271487545725,
      "cagr10": 13.858936369136266,
      "share": 1.3759998844318275,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.052146291145454514,
      "mfnTariffPct": 0.052146291145454514,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 5962,
      "historicalPeakUsd": 224326145.23874837,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 73.96269414516257,
      "yearsWithData": 27,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 14,
      "exporterIso3": "IND",
      "importerIso3": "THA",
      "exporterName": "India",
      "importerName": "Thailand",
      "value": 55242474.070938826,
      "cagr3": 80.06845144550299,
      "cagr5": 60.952101058781416,
      "cagr10": 46.79977444381534,
      "share": 1.3014143154944937,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.29734531078484844,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": 0.0224423108,
      "tariffAdvantagePp": 0.2833122559454546,
      "distanceKm": 2922,
      "historicalPeakUsd": 55242474.070938826,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 15,
      "exporterIso3": "IND",
      "importerIso3": "IND",
      "exporterName": "India",
      "importerName": "India",
      "value": 54295810.802667156,
      "cagr3": null,
      "cagr5": null,
      "cagr10": null,
      "share": 1.2791126146745866,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": 0,
      "tariffAdvantagePp": 0,
      "distanceKm": 682,
      "historicalPeakUsd": 62036743.87673345,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 12.477980935697516,
      "yearsWithData": 2,
      "trendLabel": "Insufficient history"
    },
    {
      "rank": 16,
      "exporterIso3": "IND",
      "importerIso3": "CHN",
      "exporterName": "India",
      "importerName": "China",
      "value": 47772093.707669176,
      "cagr3": 135.5846518249139,
      "cagr5": 63.80804445617012,
      "cagr10": 83.21036110841584,
      "share": 1.1254254570942772,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3007776062141414,
      "mfnTariffPct": 0.3018987556787879,
      "preferentialTariffPct": 0.11164786621212124,
      "tariffAdvantagePp": 0.19025088946666663,
      "distanceKm": 4252,
      "historicalPeakUsd": 47772093.707669176,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 29,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 17,
      "exporterIso3": "USA",
      "importerIso3": "HKG",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 39058055.012666345,
      "cagr3": 6.72335787425431,
      "cagr5": -0.7382871977622996,
      "cagr10": 14.042739286395856,
      "share": 0.9201382230560841,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 12979,
      "historicalPeakUsd": 67226689.27073848,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 41.900969040182964,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 18,
      "exporterIso3": "HKG",
      "importerIso3": "CHN",
      "exporterName": "China, Hong Kong Special Administrative Region",
      "importerName": "China",
      "value": 38921079.37941404,
      "cagr3": -2.6530085848354035,
      "cagr5": 26.23114275553582,
      "cagr10": 7.563053840182166,
      "share": 0.9169113210574595,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.29436133136606063,
      "mfnTariffPct": 0.3018987556787879,
      "preferentialTariffPct": 0.009682631558387876,
      "tariffAdvantagePp": 0.2922161241204,
      "distanceKm": 1226,
      "historicalPeakUsd": 44613669.0061165,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 12.759743265952897,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 19,
      "exporterIso3": "THA",
      "importerIso3": "USA",
      "exporterName": "Thailand",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 37329518.368383765,
      "cagr3": 126.50884013775277,
      "cagr5": 79.53578563890282,
      "cagr10": 37.4030660833617,
      "share": 0.8794169778265991,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023629779354080806,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.009758806859535351,
      "tariffAdvantagePp": 0.036985947777434344,
      "distanceKm": 13951,
      "historicalPeakUsd": 37329518.368383765,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 20,
      "exporterIso3": "USA",
      "importerIso3": "THA",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Thailand",
      "value": 35578118.62799266,
      "cagr3": 59.27405629973119,
      "cagr5": 94.83269052031476,
      "cagr10": 38.68856306355508,
      "share": 0.8381571187664962,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3057545667454546,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 13951,
      "historicalPeakUsd": 35844979.89542161,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 0.7444871449433704,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 21,
      "exporterIso3": "IND",
      "importerIso3": "BEL",
      "exporterName": "India",
      "importerName": "Belgium",
      "value": 31901285.18890574,
      "cagr3": -27.871716404660795,
      "cagr5": 19.03215236903648,
      "cagr10": 108.50902592751113,
      "share": 0.7515374705014335,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.019243141578797984,
      "mfnTariffPct": 0.05920413126868687,
      "preferentialTariffPct": 0.016369810062462135,
      "tariffAdvantagePp": 0.04283432120622474,
      "distanceKm": 6422,
      "historicalPeakUsd": 85014183.24408534,
      "historicalPeakYear": 2021,
      "latestBelowPeakPct": 62.475337677110254,
      "yearsWithData": 22,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 22,
      "exporterIso3": "ZAF",
      "importerIso3": "CHN",
      "exporterName": "South Africa",
      "importerName": "China",
      "value": 29098599.77499602,
      "cagr3": 51.70408421712875,
      "cagr5": 90.39422549807634,
      "cagr10": 53.044969768986405,
      "share": 0.6855111930612542,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.30189875567878777,
      "mfnTariffPct": 0.30189875567878777,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11775,
      "historicalPeakUsd": 29098599.77499602,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 25,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 23,
      "exporterIso3": "IND",
      "importerIso3": "ISR",
      "exporterName": "India",
      "importerName": "Israel",
      "value": 29068983.49702254,
      "cagr3": 1.281461065789613,
      "cagr5": 63.34989442042649,
      "cagr10": 58.6776809911082,
      "share": 0.6848134862916976,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.06845995098989897,
      "mfnTariffPct": 0.06845995098989897,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 4071,
      "historicalPeakUsd": 43047840.9148488,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 32.47284212343489,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 24,
      "exporterIso3": "IND",
      "importerIso3": "GBR",
      "exporterName": "India",
      "importerName": "United Kingdom",
      "value": 27233948.527279392,
      "cagr3": 21.055461464678714,
      "cagr5": 21.05774275052077,
      "cagr10": 84.91973258641139,
      "share": 0.641583330162375,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": null,
      "mfnTariffPct": null,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 6720,
      "historicalPeakUsd": 33527626.69144802,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 18.771618468819252,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 25,
      "exporterIso3": "CHN",
      "importerIso3": "THA",
      "exporterName": "China",
      "importerName": "Thailand",
      "value": 25597235.345455468,
      "cagr3": 25.269951206377783,
      "cagr5": 21.739178445844367,
      "cagr10": 8.49411804731972,
      "share": 0.6030252821928193,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.29405095701191925,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": 0.006877102784626263,
      "tariffAdvantagePp": 0.2988774639608283,
      "distanceKm": 2887,
      "historicalPeakUsd": 25597235.345455468,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  ],
  "growthLeaders": [
    {
      "rank": 16,
      "exporterIso3": "IND",
      "importerIso3": "CHN",
      "exporterName": "India",
      "importerName": "China",
      "value": 47772093.707669176,
      "cagr3": 135.5846518249139,
      "cagr5": 63.80804445617012,
      "cagr10": 83.21036110841584,
      "share": 1.1254254570942772,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3007776062141414,
      "mfnTariffPct": 0.3018987556787879,
      "preferentialTariffPct": 0.11164786621212124,
      "tariffAdvantagePp": 0.19025088946666663,
      "distanceKm": 4252,
      "historicalPeakUsd": 47772093.707669176,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 29,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 19,
      "exporterIso3": "THA",
      "importerIso3": "USA",
      "exporterName": "Thailand",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 37329518.368383765,
      "cagr3": 126.50884013775277,
      "cagr5": 79.53578563890282,
      "cagr10": 37.4030660833617,
      "share": 0.8794169778265991,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023629779354080806,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.009758806859535351,
      "tariffAdvantagePp": 0.036985947777434344,
      "distanceKm": 13951,
      "historicalPeakUsd": 37329518.368383765,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
      "value": 208782806.89500952,
      "cagr3": 124.49710736686326,
      "cagr5": 82.85795916171641,
      "cagr10": 44.207052016468595,
      "share": 4.918551138266755,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5307908369111112,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": 0.07929677931515151,
      "tariffAdvantagePp": 0.45301342082222223,
      "distanceKm": 4252,
      "historicalPeakUsd": 269301189.98584825,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 22.472378638215066,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 14,
      "exporterIso3": "IND",
      "importerIso3": "THA",
      "exporterName": "India",
      "importerName": "Thailand",
      "value": 55242474.070938826,
      "cagr3": 80.06845144550299,
      "cagr5": 60.952101058781416,
      "cagr10": 46.79977444381534,
      "share": 1.3014143154944937,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.29734531078484844,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": 0.0224423108,
      "tariffAdvantagePp": 0.2833122559454546,
      "distanceKm": 2922,
      "historicalPeakUsd": 55242474.070938826,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 20,
      "exporterIso3": "USA",
      "importerIso3": "THA",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Thailand",
      "value": 35578118.62799266,
      "cagr3": 59.27405629973119,
      "cagr5": 94.83269052031476,
      "cagr10": 38.68856306355508,
      "share": 0.8381571187664962,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.3057545667454546,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 13951,
      "historicalPeakUsd": 35844979.89542161,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 0.7444871449433704,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  ],
  "accessComparison": [
    {
      "label": "FTA reported",
      "rows": [
        {
          "rank": 3,
          "exporterIso3": "CHN",
          "importerIso3": "HKG",
          "exporterName": "China",
          "importerName": "China, Hong Kong Special Administrative Region",
          "value": 232952663.2896265,
          "cagr3": -18.152863500340388,
          "cagr5": 25.66124829841265,
          "cagr10": 23.365980437751197,
          "share": 5.487949914197902,
          "ftaKnown": true,
          "hasFta": true,
          "accessLabel": "FTA reported",
          "appliedTariffPct": 0,
          "mfnTariffPct": 0,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 1226,
          "historicalPeakUsd": 581961373.3995378,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 59.97111252782478,
          "yearsWithData": 30,
          "trendLabel": "Rapid decline"
        },
        {
          "rank": 14,
          "exporterIso3": "IND",
          "importerIso3": "THA",
          "exporterName": "India",
          "importerName": "Thailand",
          "value": 55242474.070938826,
          "cagr3": 80.06845144550299,
          "cagr5": 60.952101058781416,
          "cagr10": 46.79977444381534,
          "share": 1.3014143154944937,
          "ftaKnown": true,
          "hasFta": true,
          "accessLabel": "FTA reported",
          "appliedTariffPct": 0.29734531078484844,
          "mfnTariffPct": 0.3057545667454546,
          "preferentialTariffPct": 0.0224423108,
          "tariffAdvantagePp": 0.2833122559454546,
          "distanceKm": 2922,
          "historicalPeakUsd": 55242474.070938826,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 18,
          "exporterIso3": "HKG",
          "importerIso3": "CHN",
          "exporterName": "China, Hong Kong Special Administrative Region",
          "importerName": "China",
          "value": 38921079.37941404,
          "cagr3": -2.6530085848354035,
          "cagr5": 26.23114275553582,
          "cagr10": 7.563053840182166,
          "share": 0.9169113210574595,
          "ftaKnown": true,
          "hasFta": true,
          "accessLabel": "FTA reported",
          "appliedTariffPct": 0.29436133136606063,
          "mfnTariffPct": 0.3018987556787879,
          "preferentialTariffPct": 0.009682631558387876,
          "tariffAdvantagePp": 0.2922161241204,
          "distanceKm": 1226,
          "historicalPeakUsd": 44613669.0061165,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 12.759743265952897,
          "yearsWithData": 30,
          "trendLabel": "Stable"
        },
        {
          "rank": 25,
          "exporterIso3": "CHN",
          "importerIso3": "THA",
          "exporterName": "China",
          "importerName": "Thailand",
          "value": 25597235.345455468,
          "cagr3": 25.269951206377783,
          "cagr5": 21.739178445844367,
          "cagr10": 8.49411804731972,
          "share": 0.6030252821928193,
          "ftaKnown": true,
          "hasFta": true,
          "accessLabel": "FTA reported",
          "appliedTariffPct": 0.29405095701191925,
          "mfnTariffPct": 0.3057545667454546,
          "preferentialTariffPct": 0.006877102784626263,
          "tariffAdvantagePp": 0.2988774639608283,
          "distanceKm": 2887,
          "historicalPeakUsd": 25597235.345455468,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        }
      ],
      "count": 4,
      "value": 352713452.0854348,
      "averageCagr": 21.133132641676244,
      "averageAppliedTariffPct": 0.2214393997907071,
      "averageTariffAdvantagePp": 0.29146861467556096
    },
    {
      "label": "No FTA reported",
      "rows": [
        {
          "rank": 1,
          "exporterIso3": "IND",
          "importerIso3": "USA",
          "exporterName": "India",
          "importerName": "USA, Puerto Rico and US Virgin Islands",
          "value": 863437227.7328818,
          "cagr3": -2.190221459463848,
          "cagr5": 32.16832094377402,
          "cagr10": 80.55645657991788,
          "share": 20.341043510460484,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.023682824094060608,
          "mfnTariffPct": 0.04674475463696969,
          "preferentialTariffPct": 0.00971059566840404,
          "tariffAdvantagePp": 0.037034158968565656,
          "distanceKm": 11771,
          "historicalPeakUsd": 1385555830.860659,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 37.68297108630082,
          "yearsWithData": 30,
          "trendLabel": "Stable"
        },
        {
          "rank": 2,
          "exporterIso3": "HKG",
          "importerIso3": "IND",
          "exporterName": "China, Hong Kong Special Administrative Region",
          "importerName": "India",
          "value": 489267832.2185717,
          "cagr3": -15.014014333188562,
          "cagr5": 9.602637916891732,
          "cagr10": 30.504538351095988,
          "share": 11.526278858230473,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.5323102001373737,
          "mfnTariffPct": 0.5323102001373737,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 3769,
          "historicalPeakUsd": 913091205.7882744,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 46.41632411778785,
          "yearsWithData": 30,
          "trendLabel": "Rapid decline"
        },
        {
          "rank": 4,
          "exporterIso3": "IND",
          "importerIso3": "ARE",
          "exporterName": "India",
          "importerName": "United Arab Emirates",
          "value": 210233989.02604958,
          "cagr3": 18.5353048647819,
          "cagr5": 62.396010492540086,
          "cagr10": 34.088145789105596,
          "share": 4.9527384050662135,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.05214629114545451,
          "mfnTariffPct": 0.05214629114545451,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 2204,
          "historicalPeakUsd": 210233989.02604958,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 5,
          "exporterIso3": "CHN",
          "importerIso3": "IND",
          "exporterName": "China",
          "importerName": "India",
          "value": 208782806.89500952,
          "cagr3": 124.49710736686326,
          "cagr5": 82.85795916171641,
          "cagr10": 44.207052016468595,
          "share": 4.918551138266755,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.5307908369111112,
          "mfnTariffPct": 0.5323102001373737,
          "preferentialTariffPct": 0.07929677931515151,
          "tariffAdvantagePp": 0.45301342082222223,
          "distanceKm": 4252,
          "historicalPeakUsd": 269301189.98584825,
          "historicalPeakYear": 2023,
          "latestBelowPeakPct": 22.472378638215066,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 6,
          "exporterIso3": "ARE",
          "importerIso3": "IND",
          "exporterName": "United Arab Emirates",
          "importerName": "India",
          "value": 170547359.33075666,
          "cagr3": 14.303726310190923,
          "cagr5": 60.563910829577196,
          "cagr10": 12.07747602795517,
          "share": 4.017792081828426,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.5323102001373737,
          "mfnTariffPct": 0.5323102001373737,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 2204,
          "historicalPeakUsd": 296415842.0917424,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 42.463480316287786,
          "yearsWithData": 24,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 7,
          "exporterIso3": "USA",
          "importerIso3": "ARE",
          "exporterName": "USA, Puerto Rico and US Virgin Islands",
          "importerName": "United Arab Emirates",
          "value": 132911498.53113282,
          "cagr3": 22.98657635339607,
          "cagr5": 120.03042258915788,
          "cagr10": 43.2858496378475,
          "share": 3.1311582218443172,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.05214629114545452,
          "mfnTariffPct": 0.05214629114545452,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 11024,
          "historicalPeakUsd": 359704272.92360926,
          "historicalPeakYear": 2023,
          "latestBelowPeakPct": 63.04978602259769,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 8,
          "exporterIso3": "USA",
          "importerIso3": "IND",
          "exporterName": "USA, Puerto Rico and US Virgin Islands",
          "importerName": "India",
          "value": 130108703.55916268,
          "cagr3": 11.8433781266015,
          "cagr5": 32.80358705182507,
          "cagr10": 56.03550507457076,
          "share": 3.065129363411331,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.5323102001373736,
          "mfnTariffPct": 0.5323102001373736,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 11771,
          "historicalPeakUsd": 168542590.486526,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 22.80366453156889,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 9,
          "exporterIso3": "ARE",
          "importerIso3": "HKG",
          "exporterName": "United Arab Emirates",
          "importerName": "China, Hong Kong Special Administrative Region",
          "value": 100285121.77847394,
          "cagr3": 36.27569787890905,
          "cagr5": 6.631539142059961,
          "cagr10": 23.20775182795314,
          "share": 2.3625388853152898,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0,
          "mfnTariffPct": 0,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 5962,
          "historicalPeakUsd": 159673859.1203204,
          "historicalPeakYear": 2018,
          "latestBelowPeakPct": 37.19377590610794,
          "yearsWithData": 19,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 10,
          "exporterIso3": "CHN",
          "importerIso3": "ARE",
          "exporterName": "China",
          "importerName": "United Arab Emirates",
          "value": 75110635.99015063,
          "cagr3": 16.54347317410194,
          "cagr5": 51.616401227588035,
          "cagr10": 123.0807585108356,
          "share": 1.769472829872783,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.05214629114545452,
          "mfnTariffPct": 0.05214629114545452,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 6430,
          "historicalPeakUsd": 182522487.92058244,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 58.84855787039671,
          "yearsWithData": 27,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 11,
          "exporterIso3": "IND",
          "importerIso3": "HKG",
          "exporterName": "India",
          "importerName": "China, Hong Kong Special Administrative Region",
          "value": 68615686.32388987,
          "cagr3": -25.562574227520606,
          "cagr5": -19.307200340127338,
          "cagr10": 28.46381298085696,
          "share": 1.6164633816856213,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0,
          "mfnTariffPct": 0,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 3769,
          "historicalPeakUsd": 200562388.59314728,
          "historicalPeakYear": 2019,
          "latestBelowPeakPct": 65.78835802405561,
          "yearsWithData": 30,
          "trendLabel": "Rapid decline"
        },
        {
          "rank": 12,
          "exporterIso3": "ARE",
          "importerIso3": "USA",
          "exporterName": "United Arab Emirates",
          "importerName": "USA, Puerto Rico and US Virgin Islands",
          "value": 58983240.5218173,
          "cagr3": 1.6152100042479356,
          "cagr5": 3.2469740482570897,
          "cagr10": 122.59452847051864,
          "share": 1.389540111667982,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.046744754636969706,
          "mfnTariffPct": 0.046744754636969706,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 11024,
          "historicalPeakUsd": 88356301.33414163,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 33.24387776401221,
          "yearsWithData": 19,
          "trendLabel": "Stable"
        },
        {
          "rank": 13,
          "exporterIso3": "HKG",
          "importerIso3": "ARE",
          "exporterName": "China, Hong Kong Special Administrative Region",
          "importerName": "United Arab Emirates",
          "value": 58408484.548179746,
          "cagr3": -13.19370006244991,
          "cagr5": -8.601271487545725,
          "cagr10": 13.858936369136266,
          "share": 1.3759998844318275,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.052146291145454514,
          "mfnTariffPct": 0.052146291145454514,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 5962,
          "historicalPeakUsd": 224326145.23874837,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 73.96269414516257,
          "yearsWithData": 27,
          "trendLabel": "Rapid decline"
        },
        {
          "rank": 15,
          "exporterIso3": "IND",
          "importerIso3": "IND",
          "exporterName": "India",
          "importerName": "India",
          "value": 54295810.802667156,
          "cagr3": null,
          "cagr5": null,
          "cagr10": null,
          "share": 1.2791126146745866,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0,
          "mfnTariffPct": 0,
          "preferentialTariffPct": 0,
          "tariffAdvantagePp": 0,
          "distanceKm": 682,
          "historicalPeakUsd": 62036743.87673345,
          "historicalPeakYear": 2023,
          "latestBelowPeakPct": 12.477980935697516,
          "yearsWithData": 2,
          "trendLabel": "Insufficient history"
        },
        {
          "rank": 16,
          "exporterIso3": "IND",
          "importerIso3": "CHN",
          "exporterName": "India",
          "importerName": "China",
          "value": 47772093.707669176,
          "cagr3": 135.5846518249139,
          "cagr5": 63.80804445617012,
          "cagr10": 83.21036110841584,
          "share": 1.1254254570942772,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.3007776062141414,
          "mfnTariffPct": 0.3018987556787879,
          "preferentialTariffPct": 0.11164786621212124,
          "tariffAdvantagePp": 0.19025088946666663,
          "distanceKm": 4252,
          "historicalPeakUsd": 47772093.707669176,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 29,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 17,
          "exporterIso3": "USA",
          "importerIso3": "HKG",
          "exporterName": "USA, Puerto Rico and US Virgin Islands",
          "importerName": "China, Hong Kong Special Administrative Region",
          "value": 39058055.012666345,
          "cagr3": 6.72335787425431,
          "cagr5": -0.7382871977622996,
          "cagr10": 14.042739286395856,
          "share": 0.9201382230560841,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0,
          "mfnTariffPct": 0,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 12979,
          "historicalPeakUsd": 67226689.27073848,
          "historicalPeakYear": 2023,
          "latestBelowPeakPct": 41.900969040182964,
          "yearsWithData": 30,
          "trendLabel": "Growing"
        },
        {
          "rank": 19,
          "exporterIso3": "THA",
          "importerIso3": "USA",
          "exporterName": "Thailand",
          "importerName": "USA, Puerto Rico and US Virgin Islands",
          "value": 37329518.368383765,
          "cagr3": 126.50884013775277,
          "cagr5": 79.53578563890282,
          "cagr10": 37.4030660833617,
          "share": 0.8794169778265991,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.023629779354080806,
          "mfnTariffPct": 0.04674475463696969,
          "preferentialTariffPct": 0.009758806859535351,
          "tariffAdvantagePp": 0.036985947777434344,
          "distanceKm": 13951,
          "historicalPeakUsd": 37329518.368383765,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 20,
          "exporterIso3": "USA",
          "importerIso3": "THA",
          "exporterName": "USA, Puerto Rico and US Virgin Islands",
          "importerName": "Thailand",
          "value": 35578118.62799266,
          "cagr3": 59.27405629973119,
          "cagr5": 94.83269052031476,
          "cagr10": 38.68856306355508,
          "share": 0.8381571187664962,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.3057545667454546,
          "mfnTariffPct": 0.3057545667454546,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 13951,
          "historicalPeakUsd": 35844979.89542161,
          "historicalPeakYear": 2023,
          "latestBelowPeakPct": 0.7444871449433704,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 21,
          "exporterIso3": "IND",
          "importerIso3": "BEL",
          "exporterName": "India",
          "importerName": "Belgium",
          "value": 31901285.18890574,
          "cagr3": -27.871716404660795,
          "cagr5": 19.03215236903648,
          "cagr10": 108.50902592751113,
          "share": 0.7515374705014335,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.019243141578797984,
          "mfnTariffPct": 0.05920413126868687,
          "preferentialTariffPct": 0.016369810062462135,
          "tariffAdvantagePp": 0.04283432120622474,
          "distanceKm": 6422,
          "historicalPeakUsd": 85014183.24408534,
          "historicalPeakYear": 2021,
          "latestBelowPeakPct": 62.475337677110254,
          "yearsWithData": 22,
          "trendLabel": "Rapid decline"
        },
        {
          "rank": 22,
          "exporterIso3": "ZAF",
          "importerIso3": "CHN",
          "exporterName": "South Africa",
          "importerName": "China",
          "value": 29098599.77499602,
          "cagr3": 51.70408421712875,
          "cagr5": 90.39422549807634,
          "cagr10": 53.044969768986405,
          "share": 0.6855111930612542,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.30189875567878777,
          "mfnTariffPct": 0.30189875567878777,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 11775,
          "historicalPeakUsd": 29098599.77499602,
          "historicalPeakYear": 2024,
          "latestBelowPeakPct": 0,
          "yearsWithData": 25,
          "trendLabel": "Rapid growth"
        },
        {
          "rank": 23,
          "exporterIso3": "IND",
          "importerIso3": "ISR",
          "exporterName": "India",
          "importerName": "Israel",
          "value": 29068983.49702254,
          "cagr3": 1.281461065789613,
          "cagr5": 63.34989442042649,
          "cagr10": 58.6776809911082,
          "share": 0.6848134862916976,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": 0.06845995098989897,
          "mfnTariffPct": 0.06845995098989897,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 4071,
          "historicalPeakUsd": 43047840.9148488,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 32.47284212343489,
          "yearsWithData": 30,
          "trendLabel": "Stable"
        },
        {
          "rank": 24,
          "exporterIso3": "IND",
          "importerIso3": "GBR",
          "exporterName": "India",
          "importerName": "United Kingdom",
          "value": 27233948.527279392,
          "cagr3": 21.055461464678714,
          "cagr5": 21.05774275052077,
          "cagr10": 84.91973258641139,
          "share": 0.641583330162375,
          "ftaKnown": true,
          "hasFta": false,
          "accessLabel": "No FTA reported",
          "appliedTariffPct": null,
          "mfnTariffPct": null,
          "preferentialTariffPct": null,
          "tariffAdvantagePp": null,
          "distanceKm": 6720,
          "historicalPeakUsd": 33527626.69144802,
          "historicalPeakYear": 2022,
          "latestBelowPeakPct": 18.771618468819252,
          "yearsWithData": 30,
          "trendLabel": "Rapid growth"
        }
      ],
      "count": 21,
      "value": 2898028999.9636583,
      "averageCagr": 28.245008023802903,
      "averageAppliedTariffPct": 0.1713248990598621,
      "averageTariffAdvantagePp": 0.12668645637351894
    }
  ],
  "tariffHighlights": {
    "lowestApplied": {
      "rank": 3,
      "exporterIso3": "CHN",
      "importerIso3": "HKG",
      "exporterName": "China",
      "importerName": "China, Hong Kong Special Administrative Region",
      "value": 232952663.2896265,
      "cagr3": -18.152863500340388,
      "cagr5": 25.66124829841265,
      "cagr10": 23.365980437751197,
      "share": 5.487949914197902,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 1226,
      "historicalPeakUsd": 581961373.3995378,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 59.97111252782478,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    "largestAdvantage": {
      "rank": 5,
      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
      "value": 208782806.89500952,
      "cagr3": 124.49710736686326,
      "cagr5": 82.85795916171641,
      "cagr10": 44.207052016468595,
      "share": 4.918551138266755,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.5307908369111112,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": 0.07929677931515151,
      "tariffAdvantagePp": 0.45301342082222223,
      "distanceKm": 4252,
      "historicalPeakUsd": 269301189.98584825,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 22.472378638215066,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  },
  "cta": {
    "label": "Open HS4 7104 workspace",
    "href": "https://www.yugalinks.com/app?hs=7104",
    "supportingLinks": [
      {
        "label": "Read the HS4 overview",
        "href": "https://www.yugalinks.com/trade/sector/hs4/7104"
      },
      {
        "label": "Read the parent HS2 overview",
        "href": "https://www.yugalinks.com/trade/sector/hs2/71"
      },
      {
        "label": "Review data sources",
        "href": "https://www.yugalinks.com/data-sources"
      },
      {
        "label": "Check data coverage",
        "href": "https://www.yugalinks.com/data-coverage"
      },
      {
        "label": "Read the methodology",
        "href": "https://www.yugalinks.com/methodology"
      },
      {
        "label": "Read Responsible AI principles",
        "href": "https://www.yugalinks.com/responsible-ai"
      }
    ],
    "context": "Continue researching Stones in Yugalinks."
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app?hs=7104",
    "hs4Overview": "https://www.yugalinks.com/trade/sector/hs4/7104",
    "hs2Overview": "https://www.yugalinks.com/trade/sector/hs2/71",
    "parentHs2Overview": "https://www.yugalinks.com/trade/sector/hs2/71",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "methodology": "https://www.yugalinks.com/methodology",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors",
    "htmlFile": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/7104/corridors/index.ld.json",
    "workspace": "https://www.yugalinks.com/app?hs=7104",
    "hs4Overview": "https://www.yugalinks.com/trade/sector/hs4/7104",
    "hs2Overview": "https://www.yugalinks.com/trade/sector/hs2/71",
    "parentHs2Overview": "https://www.yugalinks.com/trade/sector/hs2/71",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "methodology": "https://www.yugalinks.com/methodology",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}