{ "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": "2026-08-28T10:23:45.371Z", "title": "HS4 7223 top trade corridors | Yugalinks", "description": "Explore reported HS4 7223 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/7223/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 7223", "url": "https://www.yugalinks.com/trade/sector/hs4/7223" }, { "name": "Corridors", "url": "https://www.yugalinks.com/trade/sector/hs4/7223/corridors" } ], "hs4": "7223", "parentHs2": "72", "subsectorName": "Steel, stainless", "overview": { "hs4": "7223", "first_data_year": 1995, "latest_data_year": 2024, "years_with_data": 30, "latest_trade_usd": 2479521886.7509227, "trade_avg_3y_usd": 2702746751.2526917, "trade_avg_5y_usd": 2549236450.0368724, "trade_avg_10y_usd": 2304914259.3656983, "trade_cagr_3y_pct": -3.1007461858570617, "trade_cagr_5y_pct": 2.9202837556622674, "trade_cagr_10y_pct": 1.111110137321658, "historical_peak_usd": 3038257816.3197846, "historical_peak_year": 2022, "latest_below_peak_pct": 18.390010438470753, "yoy_growth_latest_pct": -4.282584573890169, "positive_growth_year_share_pct": 51.724137931034484, "trend_acceleration_pct": -4.21185632317872, "trend_label": "Declining", "exporter_concentration_hhi": 754.2757145418852, "importer_concentration_hhi": 457.0902475527808, "trade_volatility_cv": 0.4136273554835255, "active_corridor_count": 3349, "active_exporter_count": 127, "active_importer_count": 193, "active_hs6_count": 1, "refreshed_at": "2026-07-20 09:34:09" }, "summary": { "latestTradeUsd": 2479521886.7509227, "corridorsShown": 25, "displayedRouteValueUsd": 847636946.8062924, "topFiveSharePct": 11.597711848842733, "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "leadingCorridor": { "rank": 1, "exporterIso3": "IND", "importerIso3": "USA", "exporterName": "India", "importerName": "USA, Puerto Rico and US Virgin Islands", "value": 68957347.86514923, "cagr3": -6.538312144944758, "cagr5": 4.851877839835095, "cagr10": 0.8647038421999653, "share": 2.7810743770246966, "ftaKnown": true, "hasFta": false, "accessLabel": "No FTA reported", "appliedTariffPct": 0.023682824094060608, "mfnTariffPct": 0.04674475463696969, "preferentialTariffPct": 0.00971059566840404, "tariffAdvantagePp": 0.037034158968565656, "distanceKm": 11771, "historicalPeakUsd": 111729524.65006672, "historicalPeakYear": 2022, "latestBelowPeakPct": 38.28189273952303, "yearsWithData": 30, "trendLabel": "Declining" } }, "indicators": { "tradeCagr3yPct": -3.1007461858570617, "tradeCagr5yPct": 2.9202837556622674, "tradeCagr10yPct": 1.111110137321658, "latestYoyPct": -4.282584573890169, "trendLabel": "Declining", "historicalPeakUsd": 3038257816.3197846, "historicalPeakYear": 2022, "latestBelowPeakPct": 18.390010438470753, "exporterConcentrationHhi": 754.2757145418852, "importerConcentrationHhi": 457.0902475527808, "tradeVolatilityCv": 0.4136273554835255, "yearsWithData": 30 }, "answer": "India to USA, Puerto Rico and US Virgin Islands leads the reported HS4 7223 routes with $69.0M in 2024 and -6.5% calculated three-year growth. The HS4 subsector recorded $2.5B in latest reported trade, with -3.1% calculated three-year growth.", "corridors": [ { "rank": 1, "exporterIso3": "IND", "importerIso3": "USA", "exporterName": "India", "importerName": "USA, Puerto Rico and US Virgin Islands", "value": 68957347.86514923, "cagr3": -6.538312144944758, "cagr5": 4.851877839835095, "cagr10": 0.8647038421999653, "share": 2.7810743770246966, "ftaKnown": true, "hasFta": false, "accessLabel": "No FTA reported", "appliedTariffPct": 0.023682824094060608, "mfnTariffPct": 0.04674475463696969, "preferentialTariffPct": 0.00971059566840404, "tariffAdvantagePp": 0.037034158968565656, "distanceKm": 11771, "historicalPeakUsd": 111729524.65006672, "historicalPeakYear": 2022, "latestBelowPeakPct": 38.28189273952303, "yearsWithData": 30, "trendLabel": "Declining" }, { "rank": 2, "exporterIso3": "USA", "importerIso3": "CRI", "exporterName": "USA, Puerto Rico and US Virgin Islands", "importerName": "Costa Rica", "value": 66200452.74023161, 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