{
  "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": "2026-08-28T10:23:44.169Z",
  "title": "HS4 7204 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7204 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7204/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 7204",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7204"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7204/corridors"
    }
  ],
  "hs4": "7204",
  "parentHs2": "72",
  "subsectorName": "Ferrous waste and scrap",
  "overview": {
    "hs4": "7204",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 43502472524.83935,
    "trade_avg_3y_usd": 47524916601.99697,
    "trade_avg_5y_usd": 46405543109.30119,
    "trade_avg_10y_usd": 39940918054.72366,
    "trade_cagr_3y_pct": -8.413007655009563,
    "trade_cagr_5y_pct": 3.861429832216823,
    "trade_cagr_10y_pct": 0.16303981795198208,
    "historical_peak_usd": 57413285625.076454,
    "historical_peak_year": 2011,
    "latest_below_peak_pct": 24.229257999756886,
    "yoy_growth_latest_pct": -13.071387747375415,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -8.576047472961545,
    "trend_label": "Declining",
    "exporter_concentration_hhi": 660.9049504153966,
    "importer_concentration_hhi": 730.6519395242389,
    "trade_volatility_cv": 0.5545933026473946,
    "active_corridor_count": 3274,
    "active_exporter_count": 196,
    "active_importer_count": 180,
    "active_hs6_count": 7,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 43502472524.83935,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 17311170928.37859,
    "topFiveSharePct": 12.739222088517673,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "USA",
      "importerIso3": "TUR",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Turkey",
      "value": 1637358832.5965693,
      "cagr3": 1.8567827362711675,
      "cagr5": 9.18030994363297,
      "cagr10": 2.0262125484480364,
      "share": 3.763829358576478,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.09772561373939395,
      "mfnTariffPct": 0.09772561373939395,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 8087,
      "historicalPeakUsd": 2499739355.6147885,
      "historicalPeakYear": 2012,
      "latestBelowPeakPct": 34.4988176899797,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -8.413007655009563,
    "tradeCagr5yPct": 3.861429832216823,
    "tradeCagr10yPct": 0.16303981795198208,
    "latestYoyPct": -13.071387747375415,
    "trendLabel": "Declining",
    "historicalPeakUsd": 57413285625.076454,
    "historicalPeakYear": 2011,
    "latestBelowPeakPct": 24.229257999756886,
    "exporterConcentrationHhi": 660.9049504153966,
    "importerConcentrationHhi": 730.6519395242389,
    "tradeVolatilityCv": 0.5545933026473946,
    "yearsWithData": 30
  },
  "answer": "USA, Puerto Rico and US Virgin Islands to Turkey leads the reported HS4 7204 routes with $1.6B in 2024 and +1.9% calculated three-year growth. The HS4 subsector recorded $43.5B in latest reported trade, with -8.4% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "USA",
      "importerIso3": "TUR",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Turkey",
      "value": 1637358832.5965693,
      "cagr3": 1.8567827362711675,
      "cagr5": 9.18030994363297,
      "cagr10": 2.0262125484480364,
      "share": 3.763829358576478,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.09772561373939395,
      "mfnTariffPct": 0.09772561373939395,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 8087,
      "historicalPeakUsd": 2499739355.6147885,
      "historicalPeakYear": 2012,
      "latestBelowPeakPct": 34.4988176899797,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 2,
      "exporterIso3": "CAN",
      "importerIso3": "USA",
      "exporterName": "Canada",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 1289941594.5164258,
      "cagr3": -9.692649841144597,
      "cagr5": 7.648558736074884,
      "cagr10": 0.18367201109794618,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "preferentialTariffPct": 0.02283901769554344,
      "tariffAdvantagePp": 0.023905736941426253,
      "distanceKm": 556,
      "historicalPeakUsd": 1751462121.478533,
      "historicalPeakYear": 2021,
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      "trendLabel": "Declining"
    },
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      "rank": 3,
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      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Mexico",
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      "cagr10": 11.464635005405931,
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      "tariffAdvantagePp": 0.1311842474462,
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      "historicalPeakUsd": 1278333227.9981482,
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      "trendLabel": "Declining"
    },
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      "rank": 4,
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      "exporterName": "Germany",
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      "historicalPeakUsd": 1233909309.7609422,
      "historicalPeakYear": 2021,
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      "trendLabel": "Rapid decline"
    },
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      "exporterName": "France",
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      "historicalPeakYear": 2008,
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    },
    {
      "rank": 6,
      "exporterIso3": "JPN",
      "importerIso3": "VNM",
      "exporterName": "Japan",
      "importerName": "Viet Nam",
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      "tariffAdvantagePp": 0.10670270104362317,
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    },
    {
      "rank": 7,
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      "exporterName": "Netherlands",
      "importerName": "Turkey",
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      "trendLabel": "Rapid decline"
    },
    {
      "rank": 8,
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    },
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      "importerIso3": "IND",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "India",
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      "hasFta": false,
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      "importerIso3": "ITA",
      "exporterName": "Germany",
      "importerName": "Italy",
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    {
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      "importerIso3": "KOR",
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      "importerName": "Republic of Korea",
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    },
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      "rank": 13,
      "exporterIso3": "USA",
      "importerIso3": "BGD",
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      "trendLabel": "Growing"
    },
    {
      "rank": 14,
      "exporterIso3": "FRA",
      "importerIso3": "ESP",
      "exporterName": "France",
      "importerName": "Spain",
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      "ftaKnown": true,
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      "distanceKm": 1053,
      "historicalPeakUsd": 827156947.5336103,
      "historicalPeakYear": 2008,
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    },
    {
      "rank": 15,
      "exporterIso3": "GBR",
      "importerIso3": "EGY",
      "exporterName": "United Kingdom",
      "importerName": "Egypt",
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      "ftaKnown": true,
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      "tariffAdvantagePp": 0.27049160856886856,
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      "historicalPeakYear": 2021,
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      "trendLabel": "Stable"
    },
    {
      "rank": 16,
      "exporterIso3": "NLD",
      "importerIso3": "BEL",
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      "importerName": "Belgium",
      "value": 588684077.7129796,
      "cagr3": 14.080930929804314,
      "cagr5": 21.10299325075189,
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      "ftaKnown": true,
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      "appliedTariffPct": 0,
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      "distanceKm": 174,
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    {
      "rank": 17,
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      "importerIso3": "DEU",
      "exporterName": "Netherlands",
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      "cagr3": -8.933142520443017,
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      "ftaKnown": true,
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      "appliedTariffPct": 0,
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