{
  "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": "2026-08-28T10:23:45.604Z",
  "title": "HS4 7227 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7227 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7227/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 7227",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7227"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7227/corridors"
    }
  ],
  "hs4": "7227",
  "parentHs2": "72",
  "subsectorName": "Steel, alloy",
  "overview": {
    "hs4": "7227",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 3854114489.672809,
    "trade_avg_3y_usd": 4190819948.2723556,
    "trade_avg_5y_usd": 4360232213.935799,
    "trade_avg_10y_usd": 4953845601.270685,
    "trade_cagr_3y_pct": -12.238076419157851,
    "trade_cagr_5y_pct": -3.3383763571457115,
    "trade_cagr_10y_pct": -6.831837750688397,
    "historical_peak_usd": 7820766522.307173,
    "historical_peak_year": 2014,
    "latest_below_peak_pct": 50.71947898355336,
    "yoy_growth_latest_pct": -8.089175085364564,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": -5.406238668469454,
    "trend_label": "Rapid decline",
    "exporter_concentration_hhi": 1816.3951756030574,
    "importer_concentration_hhi": 1065.0476630983621,
    "trade_volatility_cv": 0.6651276988989664,
    "active_corridor_count": 1153,
    "active_exporter_count": 105,
    "active_importer_count": 169,
    "active_hs6_count": 3,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 3854114489.672809,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 2318695206.2089005,
    "topFiveSharePct": 28.758439879357173,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "CHN",
      "importerIso3": "THA",
      "exporterName": "China",
      "importerName": "Thailand",
      "value": 313059507.34185797,
      "cagr3": 20.993561016761355,
      "cagr5": -0.7423222274372754,
      "cagr10": -6.465589177624842,
      "share": 8.122735019437236,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.29405095701191925,
      "mfnTariffPct": 0.3057545667454546,
      "preferentialTariffPct": 0.006877102784626263,
      "tariffAdvantagePp": 0.2988774639608283,
      "distanceKm": 2887,
      "historicalPeakUsd": 610819295.8246441,
      "historicalPeakYear": 2014,
      "latestBelowPeakPct": 48.74760678291799,
      "yearsWithData": 26,
      "trendLabel": "Rapid growth"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -12.238076419157851,
    "tradeCagr5yPct": -3.3383763571457115,
    "tradeCagr10yPct": -6.831837750688397,
    "latestYoyPct": -8.089175085364564,
    "trendLabel": "Rapid decline",
    "historicalPeakUsd": 7820766522.307173,
    "historicalPeakYear": 2014,
    "latestBelowPeakPct": 50.71947898355336,
    "exporterConcentrationHhi": 1816.3951756030574,
    "importerConcentrationHhi": 1065.0476630983621,
    "tradeVolatilityCv": 0.6651276988989664,
    "yearsWithData": 30
  },
  "answer": "China to Thailand leads the reported HS4 7227 routes with $313.1M in 2024 and +21% calculated three-year growth. The HS4 subsector recorded $3.9B in latest reported trade, with -12.2% calculated three-year growth.",
  "corridors": [
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      "exporterIso3": "CHN",
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      "exporterName": "China",
      "importerName": "Thailand",
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      "cagr3": 20.993561016761355,
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      "cagr10": -6.465589177624842,
      "share": 8.122735019437236,
      "ftaKnown": true,
      "hasFta": true,
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      "preferentialTariffPct": 0.006877102784626263,
      "tariffAdvantagePp": 0.2988774639608283,
      "distanceKm": 2887,
      "historicalPeakUsd": 610819295.8246441,
      "historicalPeakYear": 2014,
      "latestBelowPeakPct": 48.74760678291799,
      "yearsWithData": 26,
      "trendLabel": "Rapid growth"
    },
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      "rank": 2,
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      "importerIso3": "USA",
      "exporterName": "Japan",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 257632623.19106847,
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      "cagr5": 4.04623047959618,
      "cagr10": 1.3316090072541753,
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      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04673181352585858,
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      "preferentialTariffPct": 0.022290415014285702,
      "tariffAdvantagePp": 0.02445433962268399,
      "distanceKm": 10872,
      "historicalPeakUsd": 257632623.19106847,
      "historicalPeakYear": 2024,
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      "trendLabel": "Growing"
    },
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      "importerIso3": "USA",
      "exporterName": "Canada",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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    },
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      "importerIso3": "VNM",
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      "importerName": "Viet Nam",
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    },
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    },
    {
      "rank": 6,
      "exporterIso3": "AUT",
      "importerIso3": "DEU",
      "exporterName": "Austria",
      "importerName": "Germany",
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      "trendLabel": "Stable"
    },
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    },
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      "exporterName": "Germany",
      "importerName": "Italy",
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    },
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      "rank": 9,
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      "importerName": "Thailand",
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    },
    {
      "rank": 10,
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    },
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      "distanceKm": 3737,
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    },
    {
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      "importerIso3": "CZE",
      "exporterName": "Germany",
      "importerName": "Czechia",
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      "cagr3": -1.06492690271911,
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      "historicalPeakUsd": 52616108.76932437,
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      "exporterIso3": "JPN",
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      "importerName": "Mexico",
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      "ftaKnown": true,
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      "distanceKm": 11324,
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      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 18,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 16,
      "exporterIso3": "KOR",
      "importerIso3": "CHN",
      "exporterName": "Republic of Korea",
      "importerName": "China",
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      "cagr3": -9.611534674131295,
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      "distanceKm": 867,
      "historicalPeakUsd": 70982506.36763936,
      "historicalPeakYear": 2020,
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      "yearsWithData": 29,
      "trendLabel": "Declining"
    },
    {
      "rank": 17,
      "exporterIso3": "JPN",
      "importerIso3": "IDN",
      "exporterName": "Japan",
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