# HS4 8436 top trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
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Explore reported HS4 8436 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8436/corridors

## Page details

- Page type: HS4 subsector top trade corridors
- HS4: **8436 - Machinery**
- Parent sector: [HS2 84 overview](https://www.yugalinks.com/trade/sector/hs2/84)
- Coverage: 1995-2024
- Publisher: [Yugalinks](https://www.yugalinks.com/)

## Answer

Canada to USA, Puerto Rico and US Virgin Islands leads the reported HS4 8436 routes with $486.3M in 2024 and -1.8% calculated three-year growth. The HS4 subsector recorded $9.0B in latest reported trade, with +1% calculated three-year growth.

## Explore Yugalinks

- [Open HS4 8436 in the workspace](https://www.yugalinks.com/app?hs=8436)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/8436)
- [Read the parent HS2 overview](https://www.yugalinks.com/trade/sector/hs2/84)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Summary and indicators

| Measure | Value | Interpretation |
| --- | ---: | --- |
| Latest reported HS4 trade | $9.0B | Reported value in 2024 |
| Displayed corridor value | $2.5B | Sum of the routes shown |
| HS4 3-year CAGR | +1% | Calculated annualized change |
| HS4 5-year CAGR | +3% | Calculated annualized change |
| HS4 10-year CAGR | +2.4% | Calculated annualized change |
| Latest year-on-year change | +1.2% | Calculated change from the prior year |
| Reported trend | Stable | Available HS4 trend label |
| Historical peak | $9.2B in 2023 | Reported-history comparison |
| Latest below peak | 2.5% | Calculated peak comparison |
| Exporter / importer HHI | 1,014.6 / 403.8 | Calculated concentration indicators |
| Trade volatility | 0.5 | Calculated variation in annual values |
| Active corridors / exporters / importers / HS6 | 5,278 / 171 / 198 / 6 | Latest available breadth |

## Growth leaders

- **Germany -> Poland**: +20.8% calculated three-year CAGR, $79.3M latest reported value, 0.9% market share, trend Rapid growth.
- **China -> Russia**: +20.2% calculated three-year CAGR, $61.2M latest reported value, 0.7% market share, trend Rapid growth.
- **Sweden -> Finland**: +15.3% calculated three-year CAGR, $51.5M latest reported value, 0.6% market share, trend Rapid growth.
- **Netherlands -> United Kingdom**: +13.9% calculated three-year CAGR, $62.5M latest reported value, 0.7% market share, trend Rapid growth.
- **Netherlands -> Belgium**: +12.8% calculated three-year CAGR, $83.3M latest reported value, 0.9% market share, trend Rapid growth.

## Access and tariff context

FTA status, tariff fields, and distance are route context. Group averages below are calculated from the displayed routes and are not tariff recommendations.

| Access group | Reported route value | Routes | Average 3-year CAGR | Average applied tariff | Average tariff advantage |
| --- | ---: | ---: | ---: | ---: | ---: |
| FTA reported | $1.8B | 18 | +1.4% | 0% | +0 pp |
| No FTA reported | $732.8M | 7 | +3.4% | 0.1% | +0 pp |

- Lowest reported applied tariff route: **Netherlands -> Germany** at 0%.
- Largest reported tariff advantage route: **USA, Puerto Rico and US Virgin Islands -> Mexico** at +0.1 pp.

## Full corridor table

| Rank | Exporter | Importer | Latest trade | 3-year CAGR | 5-year CAGR | 10-year CAGR | Market share | FTA / access | Applied tariff | MFN tariff | Preferential tariff | Tariff advantage | Distance | Historical peak | Latest below peak | Years | Trend |
| ---: | --- | --- | ---: | ---: | ---: | ---: | ---: | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | --- |
| 1 | Canada | USA, Puerto Rico and US Virgin Islands | $486.3M | -1.8% | +2.2% | +2.1% | 5.4% | FTA reported | 0% | 0% | 0% | +0 pp | 556 km | $629.7M (2023) | 22.8% | 30 | Stable |
| 2 | Italy | USA, Puerto Rico and US Virgin Islands | $180.4M | +3.8% | +9.4% | +4.5% | 2% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,907 km | $206.5M (2023) | 12.6% | 30 | Growing |
| 3 | USA, Puerto Rico and US Virgin Islands | Canada | $157.4M | -7.8% | -0.5% | -2.1% | 1.7% | FTA reported | 0% | 0.1% | 0% | +0 pp | 556 km | $206.6M (2022) | 23.8% | 30 | Declining |
| 4 | Netherlands | USA, Puerto Rico and US Virgin Islands | $138.6M | +10.5% | +6% | +10.2% | 1.5% | No FTA reported | 0% | 0% | Not reported | Not reported | 5,877 km | $158.0M (2023) | 12.3% | 30 | Rapid growth |
| 5 | Finland | Sweden | $131.3M | +10.2% | +3.9% | +5% | 1.5% | FTA reported | 0% | 0% | 0% | +0 pp | 397 km | $137.0M (2023) | 4.2% | 30 | Rapid growth |
| 6 | Germany | USA, Puerto Rico and US Virgin Islands | $130.0M | -4.7% | +11.4% | +6.6% | 1.4% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,402 km | $188.2M (2023) | 30.9% | 30 | Declining |
| 7 | Netherlands | Germany | $111.8M | -4.3% | +6% | +1.9% | 1.2% | FTA reported | 0% | 0% | 0% | +0 pp | 579 km | $136.9M (2023) | 18.4% | 30 | Declining |
| 8 | China | USA, Puerto Rico and US Virgin Islands | $101.8M | -4.5% | +13.5% | +7.1% | 1.1% | No FTA reported | 0% | 0% | Not reported | Not reported | 11,883 km | $117.6M (2022) | 13.5% | 30 | Declining |
| 9 | Netherlands | Belgium | $83.3M | +12.8% | +8.1% | +6.9% | 0.9% | FTA reported | 0% | 0% | 0% | +0 pp | 174 km | $83.3M (2024) | 0% | 26 | Rapid growth |
| 10 | Germany | Poland | $79.3M | +20.8% | +14% | +4.6% | 0.9% | FTA reported | 0.1% | 0.1% | 0% | +0 pp | 518 km | $79.3M (2024) | 0% | 30 | Rapid growth |
| 11 | Germany | Netherlands | $72.9M | -12.3% | -3.1% | -1.4% | 0.8% | FTA reported | 0% | 0% | 0% | +0 pp | 579 km | $108.1M (2021) | 32.6% | 30 | Rapid decline |
| 12 | USA, Puerto Rico and US Virgin Islands | Mexico | $67.9M | +7.7% | +4.9% | -3.5% | 0.8% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 3,359 km | $109.8M (2015) | 38.2% | 30 | Growing |
| 13 | Germany | France | $66.6M | -9.9% | -2.7% | +1.6% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 881 km | $91.1M (2021) | 26.9% | 30 | Declining |
| 14 | Netherlands | Canada | $65.9M | +2% | -0.9% | +10.6% | 0.7% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 5,997 km | $68.9M (2019) | 4.4% | 30 | Stable |
| 15 | Netherlands | France | $63.0M | -8.8% | +2.9% | +5.5% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 431 km | $83.1M (2021) | 24.2% | 30 | Declining |
| 16 | Netherlands | United Kingdom | $62.5M | +13.9% | +12.6% | +5.8% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 358 km | $62.5M (2024) | 0% | 30 | Rapid growth |
| 17 | China | Russia | $61.2M | +20.2% | +18.7% | +20.8% | 0.7% | No FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 6,831 km | $61.2M (2024) | 0% | 30 | Rapid growth |
| 18 | Germany | Russia | $60.8M | -9.9% | -9.2% | -9.2% | 0.7% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 1,614 km | $381.3M (2011) | 84.1% | 30 | Declining |
| 19 | Finland | USA, Puerto Rico and US Virgin Islands | $60.1M | +8.5% | +11.5% | +9.9% | 0.7% | No FTA reported | 0% | 0% | Not reported | Not reported | 6,636 km | $60.1M (2024) | 0% | 30 | Growing |
| 20 | Italy | Germany | $52.8M | -2.8% | -1.4% | +1% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 1,184 km | $57.4M (2021) | 8.1% | 30 | Stable |
| 21 | Austria | Germany | $52.5M | -1.5% | +5.6% | +5% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 524 km | $61.6M (2023) | 14.8% | 30 | Stable |
| 22 | USA, Puerto Rico and US Virgin Islands | Australia | $52.0M | -1.2% | -1.7% | +0.6% | 0.6% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 16,672 km | $96.5M (2023) | 46.1% | 30 | Stable |
| 23 | Sweden | Finland | $51.5M | +15.3% | +6.9% | +5.2% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 397 km | $51.5M (2024) | 0% | 30 | Rapid growth |
| 24 | Germany | Austria | $50.2M | -8.7% | +1.6% | +3.2% | 0.6% | FTA reported | 0% | 0% | 0% | +0 pp | 524 km | $66.1M (2021) | 24% | 30 | Declining |
| 25 | Germany | Italy | $49.2M | +1.5% | +7.4% | +10.6% | 0.5% | FTA reported | 0% | 0% | 0% | +0 pp | 1,184 km | $49.2M (2024) | 0% | 30 | Stable |

## Definitions

Latest trade values are reported merchandise trade observations. CAGR, market share, HHI, volatility, and peak comparisons are calculated indicators over the available history. FTA, tariffs, and distance provide route context where available. Missing values remain unavailable and are not imputed or presented as forecasts.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.

## Continue your research

- [Open the HS4 workspace](https://www.yugalinks.com/app?hs=8436)
- [Read the HS4 overview](https://www.yugalinks.com/trade/sector/hs4/8436)
- [Read the HS2 overview](https://www.yugalinks.com/trade/sector/hs2/84)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read methodology](https://www.yugalinks.com/methodology)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)