{
  "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": "2026-08-28T10:23:46.928Z",
  "title": "HS4 7325 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7325 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7325/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 7325",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7325"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7325/corridors"
    }
  ],
  "hs4": "7325",
  "parentHs2": "73",
  "subsectorName": "Iron",
  "overview": {
    "hs4": "7325",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 7239052360.730481,
    "trade_avg_3y_usd": 7830034494.703147,
    "trade_avg_5y_usd": 7333684559.871271,
    "trade_avg_10y_usd": 6823438760.954684,
    "trade_cagr_3y_pct": -0.7390358117686513,
    "trade_cagr_5y_pct": 1.7436945234290402,
    "trade_cagr_10y_pct": -0.24460344988751492,
    "historical_peak_usd": 8483516060.790489,
    "historical_peak_year": 2008,
    "latest_below_peak_pct": 14.669197195390819,
    "yoy_growth_latest_pct": -9.181062545616594,
    "positive_growth_year_share_pct": 65.51724137931035,
    "trend_acceleration_pct": -0.4944323618811364,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 1366.27055888989,
    "importer_concentration_hhi": 571.7422941354665,
    "trade_volatility_cv": 0.39518654768394285,
    "active_corridor_count": 5672,
    "active_exporter_count": 162,
    "active_importer_count": 199,
    "active_hs6_count": 3,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 7239052360.730481,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 2299519110.376709,
    "topFiveSharePct": 12.22675040320434,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "IND",
      "importerIso3": "USA",
      "exporterName": "India",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 311879790.33623564,
      "cagr3": 2.4447747764962724,
      "cagr5": 6.603077402538915,
      "cagr10": 3.9995853989370334,
      "share": 4.308295820984562,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023682824094060608,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.00971059566840404,
      "tariffAdvantagePp": 0.037034158968565656,
      "distanceKm": 11771,
      "historicalPeakUsd": 384386685.4157909,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 18.86300900384325,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -0.7390358117686513,
    "tradeCagr5yPct": 1.7436945234290402,
    "tradeCagr10yPct": -0.24460344988751492,
    "latestYoyPct": -9.181062545616594,
    "trendLabel": "Stable",
    "historicalPeakUsd": 8483516060.790489,
    "historicalPeakYear": 2008,
    "latestBelowPeakPct": 14.669197195390819,
    "exporterConcentrationHhi": 1366.27055888989,
    "importerConcentrationHhi": 571.7422941354665,
    "tradeVolatilityCv": 0.39518654768394285,
    "yearsWithData": 30
  },
  "answer": "India to USA, Puerto Rico and US Virgin Islands leads the reported HS4 7325 routes with $311.9M in 2024 and +2.4% calculated three-year growth. The HS4 subsector recorded $7.2B in latest reported trade, with -0.7% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "IND",
      "importerIso3": "USA",
      "exporterName": "India",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 311879790.33623564,
      "cagr3": 2.4447747764962724,
      "cagr5": 6.603077402538915,
      "cagr10": 3.9995853989370334,
      "share": 4.308295820984562,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.023682824094060608,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": 0.00971059566840404,
      "tariffAdvantagePp": 0.037034158968565656,
      "distanceKm": 11771,
      "historicalPeakUsd": 384386685.4157909,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 18.86300900384325,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 2,
      "exporterIso3": "CHN",
      "importerIso3": "USA",
      "exporterName": "China",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 163462011.42714354,
      "cagr3": 2.072880332712246,
      "cagr5": 1.5395896362096817,
      "cagr10": 0.013221954303666017,
      "share": 2.2580581446526358,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04674475463696969,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11883,
      "historicalPeakUsd": 229944928.22590178,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 28.9125388899399,
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      "trendLabel": "Stable"
    },
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      "rank": 3,
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      "importerIso3": "DEU",
      "exporterName": "Czechia",
      "importerName": "Germany",
      "value": 158883465.12276432,
      "cagr3": -2.373534900074281,
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      "ftaKnown": true,
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      "tariffAdvantagePp": 0.016773889473301586,
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      "trendLabel": "Stable"
    },
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      "importerIso3": "DEU",
      "exporterName": "France",
      "importerName": "Germany",
      "value": 134884010.88327086,
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      "share": 1.8632827083137706,
      "ftaKnown": true,
      "hasFta": true,
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      "tariffAdvantagePp": 0,
      "distanceKm": 881,
      "historicalPeakUsd": 210137368.6657626,
      "historicalPeakYear": 2008,
      "latestBelowPeakPct": 35.81150666361831,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 5,
      "exporterIso3": "POL",
      "importerIso3": "DEU",
      "exporterName": "Poland",
      "importerName": "Germany",
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      "trendLabel": "Stable"
    },
    {
      "rank": 6,
      "exporterIso3": "ESP",
      "importerIso3": "DEU",
      "exporterName": "Spain",
      "importerName": "Germany",
      "value": 104460488.09692208,
      "cagr3": -0.11274704035818539,
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      "cagr10": 0.555350578724445,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "historicalPeakUsd": 126615705.91484284,
      "historicalPeakYear": 2022,
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      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 7,
      "exporterIso3": "CHN",
      "importerIso3": "ITA",
      "exporterName": "China",
      "importerName": "Italy",
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      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "tariffAdvantagePp": 0.042646584813513605,
      "distanceKm": 9138,
      "historicalPeakUsd": 145622269.17336375,
      "historicalPeakYear": 2008,
      "latestBelowPeakPct": 29.96307941365891,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 8,
      "exporterIso3": "IND",
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      "exporterName": "India",
      "importerName": "Italy",
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      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "tariffAdvantagePp": 0.04283432120622474,
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      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 9,
      "exporterIso3": "CHN",
      "importerIso3": "JPN",
      "exporterName": "China",
      "importerName": "Japan",
      "value": 87450215.85912454,
      "cagr3": -4.794011389083641,
      "cagr5": -2.88992522724274,
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      "share": 1.208034028507843,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "preferentialTariffPct": 0.016483489491008082,
      "tariffAdvantagePp": 0.02411875489129495,
      "distanceKm": 1763,
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      "historicalPeakYear": 2006,
      "latestBelowPeakPct": 40.72457193428793,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 10,
      "exporterIso3": "IND",
      "importerIso3": "DEU",
      "exporterName": "India",
      "importerName": "Germany",
      "value": 82560363.05265954,
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      "share": 1.1404857837542774,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.018971697826111113,
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      "tariffAdvantagePp": 0.042308889512955236,
      "distanceKm": 5786,
      "historicalPeakUsd": 101042680.15805274,
      "historicalPeakYear": 2022,
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      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 11,
      "exporterIso3": "USA",
      "importerIso3": "CAN",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Canada",
      "value": 82386712.7237268,
      "cagr3": -1.5107147178409774,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "distanceKm": 556,
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      "trendLabel": "Stable"
    },
    {
      "rank": 12,
      "exporterIso3": "CHN",
      "importerIso3": "AUS",
      "exporterName": "China",
      "importerName": "Australia",
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      "cagr3": 15.363593026708621,
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      "historicalPeakUsd": 81439524.21327788,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 13,
      "exporterIso3": "CHN",
      "importerIso3": "KOR",
      "exporterName": "China",
      "importerName": "Republic of Korea",
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      "ftaKnown": true,
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      "accessLabel": "FTA reported",
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      "tariffAdvantagePp": 0.01621420555959599,
      "distanceKm": 867,
      "historicalPeakUsd": 141695478.88824126,
      "historicalPeakYear": 2007,
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      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 14,
      "exporterIso3": "THA",
      "importerIso3": "AUS",
      "exporterName": "Thailand",
      "importerName": "Australia",
      "value": 75659399.49193233,
      "cagr3": 4.476959441895811,
      "cagr5": 15.339504806930826,
      "cagr10": 8.994890981606684,
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      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.0558316727829697,
      "mfnTariffPct": 0.07872936858989896,
      "preferentialTariffPct": 0.08926203639757574,
      "tariffAdvantagePp": -0.010532667807676782,
      "distanceKm": 7352,
      "historicalPeakUsd": 76684641.77469502,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 1.3369590820739918,
      "yearsWithData": 30,
      "trendLabel": "Growing"
    },
    {
      "rank": 15,
      "exporterIso3": "ESP",
      "importerIso3": "FRA",
      "exporterName": "Spain",
      "importerName": "France",
      "value": 74448153.84752846,
      "cagr3": 2.121467101464969,
      "cagr5": 7.670405557157656,
      "cagr10": 2.606381002862901,
      "share": 1.0284240275893792,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0,
      "mfnTariffPct": 0,
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      "tariffAdvantagePp": 0,
      "distanceKm": 1053,
      "historicalPeakUsd": 81007509.93956155,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 8.097219747807237,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
    {
      "rank": 16,
      "exporterIso3": "DEU",
      "importerIso3": "CZE",
      "exporterName": "Germany",
      "importerName": "Czechia",
      "value": 66571459.62354773,
      "cagr3": -11.790612252686927,
      "cagr5": -3.0675727853084145,
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      "ftaKnown": true,
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      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.0260380708015873,
      "mfnTariffPct": 0.0260380708015873,
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      "distanceKm": 280,
      "historicalPeakUsd": 144193789.34295082,
      "historicalPeakYear": 2014,
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      "yearsWithData": 30,
      "trendLabel": "Rapid decline"
    },
    {
      "rank": 17,
      "exporterIso3": "ITA",
      "importerIso3": "DEU",
      "exporterName": "Italy",
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