{
  "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": "2026-08-28T10:23:54.202Z",
  "title": "HS4 8439 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 8439 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/8439/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 8439",
      "url": "https://www.yugalinks.com/trade/sector/hs4/8439"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/8439/corridors"
    }
  ],
  "hs4": "8439",
  "parentHs2": "84",
  "subsectorName": "Machinery",
  "overview": {
    "hs4": "8439",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 5621509008.865724,
    "trade_avg_3y_usd": 5837431901.556221,
    "trade_avg_5y_usd": 5595713069.165953,
    "trade_avg_10y_usd": 5186714152.709896,
    "trade_cagr_3y_pct": 1.35838677796829,
    "trade_cagr_5y_pct": 1.3070743038148258,
    "trade_cagr_10y_pct": 1.464028861082567,
    "historical_peak_usd": 6677748230.639956,
    "historical_peak_year": 2008,
    "latest_below_peak_pct": 15.817296269539186,
    "yoy_growth_latest_pct": -9.333157609259962,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": -0.10564208311427681,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 1712.0269812292604,
    "importer_concentration_hhi": 745.5679088283903,
    "trade_volatility_cv": 0.18522579242007667,
    "active_corridor_count": 3501,
    "active_exporter_count": 148,
    "active_importer_count": 193,
    "active_hs6_count": 5,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 5621509008.865724,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 2273326126.4035735,
    "topFiveSharePct": 15.887899450211746,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "DEU",
      "importerIso3": "USA",
      "exporterName": "Germany",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 230132221.3658463,
      "cagr3": 17.68292362096826,
      "cagr5": 5.905717705500457,
      "cagr10": 7.577590330301742,
      "share": 4.093780175445829,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04660416541625514,
      "mfnTariffPct": 0.04660416541625514,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 6402,
      "historicalPeakUsd": 266815314.73602784,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 13.74849618601306,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    }
  },
  "indicators": {
    "tradeCagr3yPct": 1.35838677796829,
    "tradeCagr5yPct": 1.3070743038148258,
    "tradeCagr10yPct": 1.464028861082567,
    "latestYoyPct": -9.333157609259962,
    "trendLabel": "Stable",
    "historicalPeakUsd": 6677748230.639956,
    "historicalPeakYear": 2008,
    "latestBelowPeakPct": 15.817296269539186,
    "exporterConcentrationHhi": 1712.0269812292604,
    "importerConcentrationHhi": 745.5679088283903,
    "tradeVolatilityCv": 0.18522579242007667,
    "yearsWithData": 30
  },
  "answer": "Germany to USA, Puerto Rico and US Virgin Islands leads the reported HS4 8439 routes with $230.1M in 2024 and +17.7% calculated three-year growth. The HS4 subsector recorded $5.6B in latest reported trade, with +1.4% calculated three-year growth.",
  "corridors": [
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      "exporterIso3": "DEU",
      "importerIso3": "USA",
      "exporterName": "Germany",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
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      "cagr3": 17.68292362096826,
      "cagr5": 5.905717705500457,
      "cagr10": 7.577590330301742,
      "share": 4.093780175445829,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04660416541625514,
      "mfnTariffPct": 0.04660416541625514,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 6402,
      "historicalPeakUsd": 266815314.73602784,
      "historicalPeakYear": 2023,
      "latestBelowPeakPct": 13.74849618601306,
      "yearsWithData": 30,
      "trendLabel": "Rapid growth"
    },
    {
      "rank": 2,
      "exporterIso3": "CHN",
      "importerIso3": "IDN",
      "exporterName": "China",
      "importerName": "Indonesia",
      "value": 188175306.41232637,
      "cagr3": 21.721122027442497,
      "cagr5": 28.45154513318382,
      "cagr10": 14.618267153080321,
      "share": 3.347416256303311,
      "ftaKnown": true,
      "hasFta": true,
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      "preferentialTariffPct": 0.059352995124909096,
      "tariffAdvantagePp": 0.12010865914781818,
      "distanceKm": 4425,
      "historicalPeakUsd": 217688938.4919463,
      "historicalPeakYear": 2023,
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    },
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      "rank": 3,
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      "importerIso3": "CHN",
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      "importerName": "China",
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      "cagr10": 7.055533522638235,
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      "preferentialTariffPct": null,
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      "historicalPeakYear": 2010,
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    },
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      "cagr10": 12.987975794444818,
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      "ftaKnown": true,
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      "preferentialTariffPct": null,
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      "historicalPeakUsd": 160754222.42162365,
      "historicalPeakYear": 2019,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 5,
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      "importerIso3": "IDN",
      "exporterName": "Sweden",
      "importerName": "Indonesia",
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    },
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      "rank": 6,
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    },
    {
      "rank": 7,
      "exporterIso3": "CAN",
      "importerIso3": "USA",
      "exporterName": "Canada",
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      "distanceKm": 556,
      "historicalPeakUsd": 131715936.13869673,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 8,
      "exporterIso3": "DEU",
      "importerIso3": "CHN",
      "exporterName": "Germany",
      "importerName": "China",
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      "preferentialTariffPct": null,
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      "historicalPeakYear": 2011,
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    },
    {
      "rank": 9,
      "exporterIso3": "CHN",
      "importerIso3": "VNM",
      "exporterName": "China",
      "importerName": "Viet Nam",
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      "cagr3": -3.3453712233756594,
      "cagr5": -7.532393991188124,
      "cagr10": 3.2697407698629055,
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      "hasFta": true,
      "accessLabel": "FTA reported",
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      "tariffAdvantagePp": 0.13802313660838164,
      "distanceKm": 2732,
      "historicalPeakUsd": 144773427.75314248,
      "historicalPeakYear": 2016,
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      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 10,
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      "importerIso3": "CZE",
      "exporterName": "Germany",
      "importerName": "Czechia",
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      "trendLabel": "Rapid growth"
    },
    {
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      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
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      "cagr3": 1.014988882005441,
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      "tariffAdvantagePp": 0.45301342082222223,
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    },
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      "trendLabel": "Growing"
    },
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      "exporterIso3": "CZE",
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      "exporterName": "Czechia",
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      "historicalPeakUsd": 86493064.76149872,
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      "trendLabel": "Growing"
    },
    {
      "rank": 14,
      "exporterIso3": "DEU",
      "importerIso3": "FRA",
      "exporterName": "Germany",
      "importerName": "France",
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      "cagr3": 21.97526246931978,
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      "ftaKnown": true,
      "hasFta": true,
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      "appliedTariffPct": 0,
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      "historicalPeakUsd": 69453276.73579122,
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      "latestBelowPeakPct": 0,
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    },
    {
      "rank": 15,
      "exporterIso3": "CHN",
      "importerIso3": "USA",
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      "ftaKnown": true,
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      "distanceKm": 11883,
      "historicalPeakUsd": 62668768.64054034,
      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 16,
      "exporterIso3": "CHN",
      "importerIso3": "RUS",
      "exporterName": "China",
      "importerName": "Russia",
      "value": 60359619,
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    },
    {
      "rank": 17,
      "exporterIso3": "CHN",
      "importerIso3": "TUR",
      "exporterName": "China",
      "importerName": "Turkey",
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      "cagr3": 33.02810930546909,
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