{
  "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": "2026-08-28T10:23:48.184Z",
  "title": "HS4 7504 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 7504 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7504/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 7504",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7504"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/7504/corridors"
    }
  ],
  "hs4": "7504",
  "parentHs2": "75",
  "subsectorName": "Nickel",
  "overview": {
    "hs4": "7504",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 1227366681.5970848,
    "trade_avg_3y_usd": 1624439824.9027147,
    "trade_avg_5y_usd": 1501811837.5559537,
    "trade_avg_10y_usd": 1211873731.271162,
    "trade_cagr_3y_pct": -8.478477313478304,
    "trade_cagr_5y_pct": 0.13851956983557123,
    "trade_cagr_10y_pct": 3.1953432620173805,
    "historical_peak_usd": 2056548821.6740122,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 40.31910798023169,
    "yoy_growth_latest_pct": -22.778179515471464,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -11.673820575495686,
    "trend_label": "Declining",
    "exporter_concentration_hhi": 1232.8221206888736,
    "importer_concentration_hhi": 1238.7447368913527,
    "trade_volatility_cv": 0.5345701473712089,
    "active_corridor_count": 1139,
    "active_exporter_count": 73,
    "active_importer_count": 125,
    "active_hs6_count": 1,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 1227366681.5970848,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 824669794.693813,
    "topFiveSharePct": 37.00655712561357,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "AUS",
      "importerIso3": "KOR",
      "exporterName": "Australia",
      "importerName": "Republic of Korea",
      "value": 132380223.94641033,
      "cagr3": 0.5421894486038692,
      "cagr5": 17.69549330521474,
      "cagr10": 53.75851616015861,
      "share": 10.785711061844482,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.1396225297414142,
      "mfnTariffPct": 0.1460026246404041,
      "preferentialTariffPct": 0.03666708398579593,
      "tariffAdvantagePp": 0.10933554065460815,
      "distanceKm": 8549,
      "historicalPeakUsd": 182509133.42018872,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 27.466521008769007,
      "yearsWithData": 24,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -8.478477313478304,
    "tradeCagr5yPct": 0.13851956983557123,
    "tradeCagr10yPct": 3.1953432620173805,
    "latestYoyPct": -22.778179515471464,
    "trendLabel": "Declining",
    "historicalPeakUsd": 2056548821.6740122,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 40.31910798023169,
    "exporterConcentrationHhi": 1232.8221206888736,
    "importerConcentrationHhi": 1238.7447368913527,
    "tradeVolatilityCv": 0.5345701473712089,
    "yearsWithData": 30
  },
  "answer": "Australia to Republic of Korea leads the reported HS4 7504 routes with $132.4M in 2024 and +0.5% calculated three-year growth. The HS4 subsector recorded $1.2B in latest reported trade, with -8.5% calculated three-year growth.",
  "corridors": [
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      "exporterIso3": "AUS",
      "importerIso3": "KOR",
      "exporterName": "Australia",
      "importerName": "Republic of Korea",
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      "cagr3": 0.5421894486038692,
      "cagr5": 17.69549330521474,
      "cagr10": 53.75851616015861,
      "share": 10.785711061844482,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
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      "mfnTariffPct": 0.1460026246404041,
      "preferentialTariffPct": 0.03666708398579593,
      "tariffAdvantagePp": 0.10933554065460815,
      "distanceKm": 8549,
      "historicalPeakUsd": 182509133.42018872,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 27.466521008769007,
      "yearsWithData": 24,
      "trendLabel": "Stable"
    },
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      "importerIso3": "KOR",
      "exporterName": "Japan",
      "importerName": "Republic of Korea",
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      "cagr3": -7.140381683184371,
      "cagr5": -0.5152257638398994,
      "cagr10": 3.615795700274882,
      "share": 8.694120667608185,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.14600262464040406,
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      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 1155,
      "historicalPeakUsd": 133265984.03751794,
      "historicalPeakYear": 2021,
      "latestBelowPeakPct": 19.927998804235347,
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      "trendLabel": "Declining"
    },
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      "exporterIso3": "CAN",
      "importerIso3": "USA",
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      "importerName": "USA, Puerto Rico and US Virgin Islands",
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      "historicalPeakUsd": 72579954.3397434,
      "historicalPeakYear": 2024,
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      "trendLabel": "Stable"
    },
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      "rank": 5,
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    },
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    },
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      "historicalPeakUsd": 22983609.118125707,
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      "historicalPeakUsd": 69040748.46421866,
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      "rank": 17,
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