Latest HS4 trade
$126.7MReported valueHS4 subsector corridor intelligence
Base metals, silver or gold, clad with platinum
top trade corridors
HS4 7111 - leading exporter-to-importer routes
Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.
The route picture at a glanceHS4 7111 - reported trade
Corridors shown
25Leading routes by valueLeading route value
$38.9MLatest reported valueLeading route growth
-8.3%Calculated 3-year changeLatest reported year
20241995-2024 coverageThe HS4 corridor read
Republic of Korea to Philippines leads the reported HS4 7111 routes.
The leading route recorded $38.9M in 2024, with -8.3% calculated three-year growth. Across the HS4 subsector, latest reported trade was $126.7M, with -41.9% calculated three-year growth. Read the HS4 overview ↗
Leading route$38.9M30.7% of latest HS4 trade
Top HS4 corridors
Where Base metals, silver or gold, clad with platinum trade moves
Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗
HS4 7111 exporter-to-importer relationshipsTop 25 by value
Scroll horizontally to compare all route fields.
| Rank | Exporter | Importer | Latest trade | 3-year CAGR | 5-year CAGR | 10-year CAGR | Market share | FTA / access | Applied tariff | MFN tariff | Preferential tariff | Tariff advantage | Distance | Historical peak | Latest below peak | Years | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Republic of KoreaKOR | PhilippinesPHL | $38.9M | -8.3% | +0.6% | +87.5% | 30.7% | FTA reported | 0.2% | 0.2% | 0% | +0.2 pp | 2,613 km | $58.9M2022 | 34% | 13 | Declining |
| 2 | MalaysiaMYS | JapanJPN | $21.5M | -52.2% | -22.4% | -6.4% | 17% | FTA reported | 0% | 0% | 0% | +0 pp | 5,315 km | $196.9M2021 | 89.1% | 21 | Rapid decline |
| 3 | JapanJPN | MalaysiaMYS | $11.8M | +277% | -28.8% | +61% | 9.3% | FTA reported | 0.1% | 0.1% | 0.1% | +0.1 pp | 5,315 km | $140.4M2022 | 91.6% | 30 | Rapid growth |
| 4 | JapanJPN | ChinaCHN | $9.8M | -13.3% | -9.7% | +4.3% | 7.8% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 1,763 km | $17.4M2020 | 43.4% | 30 | Rapid decline |
| 5 | SingaporeSGP | PhilippinesPHL | $5.4M | -23.7% | +0.4% | +124.7% | 4.2% | FTA reported | 0.2% | 0.2% | 0% | +0.2 pp | 2,391 km | $12.1M2021 | 55.6% | 19 | Rapid decline |
| 6 | MongoliaMNG | ItalyITA | $3.8M | Not reported | Not reported | Not reported | 3% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 7,001 km | $9.9M2023 | 61.2% | 2 | Insufficient history |
| 7 | GermanyDEU | SingaporeSGP | $3.7M | +21.4% | +33.4% | +13.6% | 3% | FTA reported | 0% | 0% | Not reported | Not reported | 9,925 km | $3.7M2024 | 0% | 27 | Rapid growth |
| 8 | Switzerland, LiechtensteinCHE | Costa RicaCRI | $2.3M | -3.3% | -2.2% | +1.5% | 1.8% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 9,398 km | $3.2M2007 | 27.1% | 23 | Declining |
| 9 | JapanJPN | China, Hong Kong Special Administrative RegionHKG | $1.9M | -26.3% | +5.3% | +38.7% | 1.5% | No FTA reported | 0% | 0% | Not reported | Not reported | 2,882 km | $4.8M2021 | 59.9% | 23 | Rapid decline |
| 10 | SingaporeSGP | USA, Puerto Rico and US Virgin IslandsUSA | $1.7M | +6.9% | +26.9% | +46.7% | 1.3% | FTA reported | 0% | 0% | 0% | +0 pp | 15,347 km | $1.7M2024 | 0% | 24 | Growing |
| 11 | ChinaCHN | PhilippinesPHL | $1.6M | -20.6% | +8.1% | +112.9% | 1.3% | FTA reported | 0.2% | 0.2% | 0% | +0.2 pp | 1,841 km | $3.2M2021 | 50% | 12 | Rapid decline |
| 12 | JapanJPN | ThailandTHA | $1.5M | +1,453.6% | +418.6% | +67.7% | 1.1% | FTA reported | 0.3% | 0.3% | 0% | +0.3 pp | 4,604 km | $1.5M2024 | 0% | 16 | Rapid growth |
| 13 | Saudi ArabiaSAU | United Arab EmiratesARE | $1.3M | +1,096.5% | +249.4% | +64.2% | 1% | FTA reported | 0% | 0.1% | 0% | +0.1 pp | 871 km | $1.3M2024 | 0% | 5 | Rapid growth |
| 14 | PhilippinesPHL | JapanJPN | $1.3M | +9.9% | -8.4% | +23.3% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 2,990 km | $2.9M2018 | 56.8% | 13 | Growing |
| 15 | South AfricaZAF | USA, Puerto Rico and US Virgin IslandsUSA | $1.1M | +512.9% | +196.8% | +59.2% | 0.9% | No FTA reported | 0% | 0% | 0% | +0 pp | 12,833 km | $1.1M2024 | 0% | 4 | Rapid growth |
| 16 | GermanyDEU | ItalyITA | $1.1M | +77.9% | +48.2% | +52.9% | 0.8% | FTA reported | 0% | 0% | 0% | +0 pp | 1,184 km | $1.1M2024 | 0% | 30 | Rapid growth |
| 17 | FranceFRA | PortugalPRT | $892.0K | +516.9% | +259.4% | +127.3% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 1,454 km | $892.0K2024 | 0% | 12 | Rapid growth |
| 18 | China, Hong Kong Special Administrative RegionHKG | PhilippinesPHL | $801.4K | +94% | +42.1% | +79% | 0.6% | FTA reported | 0.2% | 0.2% | Not reported | Not reported | 1,112 km | $1.1M2023 | 28.6% | 15 | Rapid growth |
| 19 | Switzerland, LiechtensteinCHE | GermanyDEU | $795.3K | -16% | +8.3% | +6.7% | 0.6% | FTA reported | 0% | 0.1% | 0% | +0 pp | 674 km | $1.3M2021 | 40.8% | 30 | Rapid decline |
| 20 | ItalyITA | MongoliaMNG | $748.0K | Not reported | Not reported | Not reported | 0.6% | No FTA reported | 0% | 0% | Not reported | Not reported | 7,001 km | $2.5M2023 | 70.2% | 2 | Insufficient history |
| 21 | JapanJPN | SingaporeSGP | $711.9K | +105.3% | +7.9% | +13.5% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 5,310 km | $2.1M2016 | 65.9% | 29 | Rapid growth |
| 22 | GermanyDEU | Switzerland, LiechtensteinCHE | $704.6K | -36.3% | -16.7% | -4.3% | 0.6% | FTA reported | 0% | 0% | 0% | -0 pp | 674 km | $2.7M2021 | 74.1% | 30 | Rapid decline |
| 23 | GermanyDEU | MalaysiaMYS | $665.1K | +328.8% | +13.1% | +43.2% | 0.5% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 9,616 km | $665.1K2024 | 0% | 12 | Rapid growth |
| 24 | AustriaAUT | GermanyDEU | $662.7K | +19.5% | -4.3% | +54% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 524 km | $1.1M2022 | 40.6% | 18 | Rapid growth |
| 25 | NetherlandsNLD | GermanyDEU | $569.1K | +17.8% | +28.6% | -0% | 0.4% | FTA reported | 0% | 0% | 0% | +0 pp | 579 km | $570.1K2014 | 0.2% | 18 | Rapid growth |
Movement to watch
Growth leaders for HS4 7111
The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗
01Growth leader
Japan to Thailand
+1,453.6%calculated 3-year CAGR$1.5M latest value1.1% market shareRapid growth
02Growth leader
Saudi Arabia to United Arab Emirates
+1,096.5%calculated 3-year CAGR$1.3M latest value1% market shareRapid growth
03Growth leader
France to Portugal
+516.9%calculated 3-year CAGR$892.0K latest value0.7% market shareRapid growth
04Growth leader
South Africa to USA, Puerto Rico and US Virgin Islands
+512.9%calculated 3-year CAGR$1.1M latest value0.9% market shareRapid growth
05Growth leader
Germany to Malaysia
+328.8%calculated 3-year CAGR$665.1K latest value0.5% market shareRapid growth
Access and tariff context
Compare route access without over-reading one indicator
FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗
19 displayed routes with average calculated growth of +186.1%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0.1 pp
6 displayed routes with average calculated growth of +200.5%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0 pp
Lowest reported applied tariffNo FTA reported
Japan to China, Hong Kong Special Administrative Region
0%Routes with an available applied tariff. Latest route value: $1.9M.
Applied 0%Advantage Not reported2,882 km
Largest reported tariff advantageFTA reported
Japan to Thailand
+0.3 ppRoutes with an available tariff advantage. Latest route value: $1.5M.
Applied 0.3%Advantage +0.3 pp4,604 km
HS4 indicators
Scale, momentum, and structure in one view
These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗
Combined reported value across the 25 routes shown.
Calculated annualized change in reported HS4 trade.
Calculated concentration indicators; higher values mean a more concentrated mix.
Calculated variation in annual reported HS4 trade.
Historical peak: $1.0B in 2017. Latest below peak: 87.7%.
30 observed years; 607 active corridors, 74 exporters, 109 importers, and 1 HS6 products.
How to read this view
Keep reported scale separate from calculated movement.
Latest trade values describe reported merchandise trade for HS4 7111. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.
FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.