{
  "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": "2026-08-28T10:23:45.606Z",
  "title": "HS4 7229 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7229 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7229/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 7229",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7229"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7229/corridors"
    }
  ],
  "hs4": "7229",
  "parentHs2": "72",
  "subsectorName": "Steel, alloy",
  "overview": {
    "hs4": "7229",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 2717914368.297875,
    "trade_avg_3y_usd": 3043956502.266029,
    "trade_avg_5y_usd": 2924724132.332569,
    "trade_avg_10y_usd": 2603036247.082469,
    "trade_cagr_3y_pct": -6.460435608919912,
    "trade_cagr_5y_pct": 2.6170204373021644,
    "trade_cagr_10y_pct": 1.3046768810844656,
    "historical_peak_usd": 3483860632.7028694,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 21.985559847460188,
    "yoy_growth_latest_pct": -6.990676664581774,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": -7.765112490004378,
    "trend_label": "Declining",
    "exporter_concentration_hhi": 1282.768630853112,
    "importer_concentration_hhi": 416.8360672022257,
    "trade_volatility_cv": 0.5128517094223413,
    "active_corridor_count": 2768,
    "active_exporter_count": 124,
    "active_importer_count": 191,
    "active_hs6_count": 2,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 2717914368.297875,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 969856059.932268,
    "topFiveSharePct": 10.51486165566427,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "KOR",
      "importerIso3": "JPN",
      "exporterName": "Republic of Korea",
      "importerName": "Japan",
      "value": 65649758.1277402,
      "cagr3": -6.708820343040212,
      "cagr5": -4.274440871360707,
      "cagr10": -1.9513038905963564,
      "share": 2.415446155827717,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.019192582961135757,
      "mfnTariffPct": 0.04060224438230303,
      "preferentialTariffPct": 0.015495235011054546,
      "tariffAdvantagePp": 0.025107009371248486,
      "distanceKm": 1155,
      "historicalPeakUsd": 116529486.1582081,
      "historicalPeakYear": 2012,
      "latestBelowPeakPct": 43.662535301486045,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -6.460435608919912,
    "tradeCagr5yPct": 2.6170204373021644,
    "tradeCagr10yPct": 1.3046768810844656,
    "latestYoyPct": -6.990676664581774,
    "trendLabel": "Declining",
    "historicalPeakUsd": 3483860632.7028694,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 21.985559847460188,
    "exporterConcentrationHhi": 1282.768630853112,
    "importerConcentrationHhi": 416.8360672022257,
    "tradeVolatilityCv": 0.5128517094223413,
    "yearsWithData": 30
  },
  "answer": "Republic of Korea to Japan leads the reported HS4 7229 routes with $65.6M in 2024 and -6.7% calculated three-year growth. The HS4 subsector recorded $2.7B in latest reported trade, with -6.5% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "KOR",
      "importerIso3": "JPN",
      "exporterName": "Republic of Korea",
      "importerName": "Japan",
      "value": 65649758.1277402,
      "cagr3": -6.708820343040212,
      "cagr5": -4.274440871360707,
      "cagr10": -1.9513038905963564,
      "share": 2.415446155827717,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.019192582961135757,
      "mfnTariffPct": 0.04060224438230303,
      "preferentialTariffPct": 0.015495235011054546,
      "tariffAdvantagePp": 0.025107009371248486,
      "distanceKm": 1155,
      "historicalPeakUsd": 116529486.1582081,
      "historicalPeakYear": 2012,
      "latestBelowPeakPct": 43.662535301486045,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 2,
      "exporterIso3": "CHN",
      "importerIso3": "POL",
      "exporterName": "China",
      "importerName": "Poland",
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      "cagr3": 12.227469446738425,
      "cagr5": 12.932971661817149,
      "cagr10": 6.347748714063983,
      "share": 2.2488623034001516,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.13294336478585858,
      "mfnTariffPct": 0.1409669518989899,
      "preferentialTariffPct": 0.0817896153151515,
      "tariffAdvantagePp": 0.05917733658383839,
      "distanceKm": 7985,
      "historicalPeakUsd": 61122151.667347275,
      "historicalPeakYear": 2024,
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      "yearsWithData": 22,
      "trendLabel": "Rapid growth"
    },
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      "importerIso3": "RUS",
      "exporterName": "China",
      "importerName": "Russia",
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      "cagr10": 3.1927297823037826,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 4,
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      "exporterName": "China",
      "importerName": "Brazil",
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      "cagr10": 7.956103040008133,
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      "ftaKnown": true,
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      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.2883659997252525,
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      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 18570,
      "historicalPeakUsd": 70780876.19403183,
      "historicalPeakYear": 2021,
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      "yearsWithData": 28,
      "trendLabel": "Declining"
    },
    {
      "rank": 5,
      "exporterIso3": "AUT",
      "importerIso3": "DEU",
      "exporterName": "Austria",
      "importerName": "Germany",
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      "cagr3": 1.387568705070863,
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      "hasFta": true,
      "accessLabel": "FTA reported",
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      "historicalPeakYear": 2011,
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      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 6,
      "exporterIso3": "ITA",
      "importerIso3": "DEU",
      "exporterName": "Italy",
      "importerName": "Germany",
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      "cagr5": 14.773549460877899,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "historicalPeakYear": 2023,
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      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 7,
      "exporterIso3": "CHN",
      "importerIso3": "MYS",
      "exporterName": "China",
      "importerName": "Malaysia",
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      "historicalPeakUsd": 50128864.767284945,
      "historicalPeakYear": 2024,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 8,
      "exporterIso3": "JPN",
      "importerIso3": "THA",
      "exporterName": "Japan",
      "importerName": "Thailand",
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      "historicalPeakUsd": 51790547.014269695,
      "historicalPeakYear": 2021,
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      "trendLabel": "Stable"
    },
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      "rank": 9,
      "exporterIso3": "SWE",
      "importerIso3": "DEU",
      "exporterName": "Sweden",
      "importerName": "Germany",
      "value": 46552394.032518186,
      "cagr3": -11.3454870497937,
      "cagr5": -3.932931818355101,
      "cagr10": -4.247032204872758,
      "share": 1.7127984080555179,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.03670099625308642,
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      "distanceKm": 811,
      "historicalPeakUsd": 75630837.44670719,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 38.447866499797726,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 10,
      "exporterIso3": "MEX",
      "importerIso3": "USA",
      "exporterName": "Mexico",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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      "cagr3": -4.4608369627956,
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      "ftaKnown": true,
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      "distanceKm": 3359,
      "historicalPeakUsd": 59122393.332615234,
      "historicalPeakYear": 2022,
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      "trendLabel": "Declining"
    },
    {
      "rank": 11,
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      "importerIso3": "MEX",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Mexico",
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      "cagr3": 13.400127832049646,
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      "hasFta": true,
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      "tariffAdvantagePp": 0.1311842474462,
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    },
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      "rank": 12,
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      "importerIso3": "IND",
      "exporterName": "Republic of Korea",
      "importerName": "India",
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      "historicalPeakUsd": 40922415.19467166,
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      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 13,
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      "importerIso3": "CHN",
      "exporterName": "Japan",
      "importerName": "China",
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      "distanceKm": 1763,
      "historicalPeakUsd": 67427040.32423024,
      "historicalPeakYear": 2008,
      "latestBelowPeakPct": 51.34872530695479,
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      "trendLabel": "Rapid decline"
    },
    {
      "rank": 14,
      "exporterIso3": "CZE",
      "importerIso3": "POL",
      "exporterName": "Czechia",
      "importerName": "Poland",
      "value": 32066418.279189147,
      "cagr3": 6.761469499071149,
      "cagr5": 10.609020621882493,
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      "share": 1.1798170925918874,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.024290013299722222,
      "mfnTariffPct": 0.058082844599206346,
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      "tariffAdvantagePp": 0.052824677851904756,
      "distanceKm": 519,
      "historicalPeakUsd": 35541703.19693039,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 9.778048335177687,
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      "trendLabel": "Growing"
    },
    {
      "rank": 15,
      "exporterIso3": "VNM",
      "importerIso3": "USA",
      "exporterName": "Viet Nam",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 30543217.842421435,
      "cagr3": -7.0527269550962,
      "cagr5": 14.042142286184344,
      "cagr10": 12.747718813976473,
      "share": 1.1237741040954679,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.045268132218115945,
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      "preferentialTariffPct": null,
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      "distanceKm": 14306,
      "historicalPeakUsd": 43862223.945398346,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 30.365551276098092,
      "yearsWithData": 18,
      "trendLabel": "Declining"
    },
    {
      "rank": 16,
      "exporterIso3": "CAN",
      "importerIso3": "USA",
      "exporterName": "Canada",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 30503768.10501009,
      "cagr3": -14.791398804698808,
      "cagr5": 8.998278863791032,
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      "ftaKnown": true,
      "hasFta": true,
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      "tariffAdvantagePp": 0.023905736941426253,
      "distanceKm": 556,
      "historicalPeakUsd": 49306387.33303223,
      "historicalPeakYear": 2021,
      "latestBelowPeakPct": 38.13424638277149,
      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 17,
      "exporterIso3": "JPN",
      "importerIso3": "USA",
      "exporterName": "Japan",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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