{
  "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": "2026-08-28T10:23:45.348Z",
  "title": "HS4 7224 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7224 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7224/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 7224",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7224"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7224/corridors"
    }
  ],
  "hs4": "7224",
  "parentHs2": "72",
  "subsectorName": "Steel, alloy",
  "overview": {
    "hs4": "7224",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 4142818415.83941,
    "trade_avg_3y_usd": 4555140207.40279,
    "trade_avg_5y_usd": 4196792361.7110796,
    "trade_avg_10y_usd": 3922869436.3178825,
    "trade_cagr_3y_pct": -4.3527323237311455,
    "trade_cagr_5y_pct": 2.230764079962655,
    "trade_cagr_10y_pct": -0.5876978766466978,
    "historical_peak_usd": 5349208336.750706,
    "historical_peak_year": 2008,
    "latest_below_peak_pct": 22.552681536500014,
    "yoy_growth_latest_pct": -13.432956011678353,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": -3.7650344470844477,
    "trend_label": "Declining",
    "exporter_concentration_hhi": 1035.1733024893776,
    "importer_concentration_hhi": 1449.278820915228,
    "trade_volatility_cv": 0.5371719069687934,
    "active_corridor_count": 1457,
    "active_exporter_count": 100,
    "active_importer_count": 163,
    "active_hs6_count": 2,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 4142818415.83941,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 2692254430.8703995,
    "topFiveSharePct": 37.023937427861206,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "BRA",
      "importerIso3": "USA",
      "exporterName": "Brazil",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 666755297.0162259,
      "cagr3": 3.0337464074177145,
      "cagr5": -5.579962643242653,
      "cagr10": -0.2836230771518955,
      "share": 16.09424382364896,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023641533959515147,
      "mfnTariffPct": 0.0467447546369697,
      "preferentialTariffPct": 0.009775010073090907,
      "tariffAdvantagePp": 0.03696974456387879,
      "distanceKm": 7658,
      "historicalPeakUsd": 958512320.2478651,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 30.43852614812428,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -4.3527323237311455,
    "tradeCagr5yPct": 2.230764079962655,
    "tradeCagr10yPct": -0.5876978766466978,
    "latestYoyPct": -13.432956011678353,
    "trendLabel": "Declining",
    "historicalPeakUsd": 5349208336.750706,
    "historicalPeakYear": 2008,
    "latestBelowPeakPct": 22.552681536500014,
    "exporterConcentrationHhi": 1035.1733024893776,
    "importerConcentrationHhi": 1449.278820915228,
    "tradeVolatilityCv": 0.5371719069687934,
    "yearsWithData": 30
  },
  "answer": "Brazil to USA, Puerto Rico and US Virgin Islands leads the reported HS4 7224 routes with $666.8M in 2024 and +3% calculated three-year growth. The HS4 subsector recorded $4.1B in latest reported trade, with -4.4% calculated three-year growth.",
  "corridors": [
    {
      "rank": 1,
      "exporterIso3": "BRA",
      "importerIso3": "USA",
      "exporterName": "Brazil",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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      "cagr3": 3.0337464074177145,
      "cagr5": -5.579962643242653,
      "cagr10": -0.2836230771518955,
      "share": 16.09424382364896,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023641533959515147,
      "mfnTariffPct": 0.0467447546369697,
      "preferentialTariffPct": 0.009775010073090907,
      "tariffAdvantagePp": 0.03696974456387879,
      "distanceKm": 7658,
      "historicalPeakUsd": 958512320.2478651,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 30.43852614812428,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 2,
      "exporterIso3": "MEX",
      "importerIso3": "USA",
      "exporterName": "Mexico",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 446895308.17496467,
      "cagr3": -4.619159101044046,
      "cagr5": 9.348274160008184,
      "cagr10": 12.510646209997557,
      "share": 10.787228966307847,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "preferentialTariffPct": 0.00839116261590505,
      "tariffAdvantagePp": 0.03835359202106465,
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      "historicalPeakUsd": 630238434.1441866,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 29.09107347891076,
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      "trendLabel": "Declining"
    },
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      "rank": 3,
      "exporterIso3": "ROU",
      "importerIso3": "USA",
      "exporterName": "Romania",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 191039117.96015686,
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      "exporterName": "India",
      "importerName": "United Kingdom",
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      "hasFta": false,
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      "tariffAdvantagePp": null,
      "distanceKm": 6720,
      "historicalPeakUsd": 126899799.01458173,
      "historicalPeakYear": 2024,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
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    },
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      "rank": 6,
      "exporterIso3": "AUT",
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      "exporterName": "Austria",
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      "ftaKnown": true,
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      "trendLabel": "Stable"
    },
    {
      "rank": 7,
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      "importerIso3": "THA",
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      "importerName": "Thailand",
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      "historicalPeakUsd": 104851704.14640968,
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    },
    {
      "rank": 8,
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      "importerIso3": "CAN",
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    },
    {
      "rank": 9,
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      "importerIso3": "USA",
      "exporterName": "Canada",
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    },
    {
      "rank": 10,
      "exporterIso3": "VNM",
      "importerIso3": "TWN",
      "exporterName": "Viet Nam",
      "importerName": "Taiwan",
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      "historicalPeakUsd": 74772424.16254875,
      "historicalPeakYear": 2023,
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      "trendLabel": "Rapid growth"
    },
    {
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      "importerIso3": "USA",
      "exporterName": "Argentina",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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    },
    {
      "rank": 13,
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      "importerIso3": "BEL",
      "exporterName": "Russia",
      "importerName": "Belgium",
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      "distanceKm": 2261,
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      "trendLabel": "Rapid decline"
    },
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      "rank": 14,
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      "importerIso3": "DEU",
      "exporterName": "Italy",
      "importerName": "Germany",
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      "cagr3": -12.96679773992917,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "historicalPeakUsd": 142797179.53785634,
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    },
    {
      "rank": 15,
      "exporterIso3": "RUS",
      "importerIso3": "KAZ",
      "exporterName": "Russia",
      "importerName": "Kazakhstan",
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      "cagr3": 313.57930938123576,
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      "ftaKnown": true,
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      "accessLabel": "FTA reported",
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      "preferentialTariffPct": 0.0020909418007662834,
      "tariffAdvantagePp": 0.08602074573333333,
      "distanceKm": 3112,
      "historicalPeakUsd": 52971151.994512215,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 16,
      "exporterIso3": "CHN",
      "importerIso3": "JPN",
      "exporterName": "China",
      "importerName": "Japan",
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      "cagr3": -4.464408187862546,
      "cagr5": 20.508733435039893,
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      "ftaKnown": true,
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      "distanceKm": 1763,
      "historicalPeakUsd": 396217158.1652526,
      "historicalPeakYear": 2011,
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      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 17,
      "exporterIso3": "ITA",
      "importerIso3": "USA",
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      "importerName": "USA, Puerto Rico and US Virgin Islands",
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