Latest HS4 trade
$91.9BReported valueHS4 subsector corridor intelligence
Cruise ships, excursion boats and similar...
top trade corridors
HS4 8901 - leading exporter-to-importer routes
Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.
The route picture at a glanceHS4 8901 - reported trade
Corridors shown
25Leading routes by valueLeading route value
$9.2BLatest reported valueLeading route growth
+52.9%Calculated 3-year changeLatest reported year
20241995-2024 coverageThe HS4 corridor read
China to Liberia leads the reported HS4 8901 routes.
The leading route recorded $9.2B in 2024, with +52.9% calculated three-year growth. Across the HS4 subsector, latest reported trade was $91.9B, with +11.1% calculated three-year growth. Read the HS4 overview ↗
Leading route$9.2B10% of latest HS4 trade
Top HS4 corridors
Where Cruise ships, excursion boats and similar... trade moves
Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗
HS4 8901 exporter-to-importer relationshipsTop 25 by value
Scroll horizontally to compare all route fields.
| 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 | ChinaCHN | LiberiaLBR | $9.2B | +52.9% | +32.7% | +27.1% | 10% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 13,466 km | $9.2B2024 | 0% | 27 | Rapid growth |
| 2 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $6.7B | +26.6% | +15.9% | +1.2% | 7.3% | FTA reported | 0% | 0% | Not reported | Not reported | 1,226 km | $10.0B2011 | 32.8% | 30 | Rapid growth |
| 3 | Republic of KoreaKOR | LiberiaLBR | $5.2B | +38.1% | +25.1% | +11.9% | 5.7% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 13,479 km | $5.3B2011 | 1.3% | 30 | Rapid growth |
| 4 | JapanJPN | PanamaPAN | $3.9B | -3.2% | -6.5% | -4.8% | 4.3% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 13,584 km | $14.9B2010 | 73.5% | 30 | Declining |
| 5 | ChinaCHN | SingaporeSGP | $3.7B | +22.9% | +8.7% | +7.7% | 4% | FTA reported | 0% | 0% | 0% | +0 pp | 3,797 km | $3.7B2024 | 0% | 30 | Rapid growth |
| 6 | FranceFRA | USA, Puerto Rico and US Virgin IslandsUSA | $3.5B | +10,563.7% | +1,725.9% | +335% | 3.8% | No FTA reported | 0% | 0% | Not reported | Not reported | 5,852 km | $3.5B2024 | 0% | 26 | Rapid growth |
| 7 | Republic of KoreaKOR | FranceFRA | $3.2B | +67.9% | +179.3% | +35.2% | 3.5% | FTA reported | 0% | 0.1% | 0% | +0 pp | 8,989 km | $3.2B2024 | 0% | 28 | Rapid growth |
| 8 | ChinaCHN | Marshall IsdsMHL | $3.1B | +26.6% | +18.7% | +15% | 3.4% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 5,827 km | $3.6B2016 | 13.7% | 23 | Rapid growth |
| 9 | ChinaCHN | MaltaMLT | $2.8B | +57% | +79.6% | +4.3% | 3.1% | No FTA reported | 0.1% | 0.1% | 0% | +0 pp | 9,375 km | $2.8B2024 | 0% | 23 | Rapid growth |
| 10 | Republic of KoreaKOR | Marshall IsdsMHL | $2.6B | -9.1% | -5.5% | -7.3% | 2.8% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 5,604 km | $7.4B2009 | 65% | 27 | Declining |
| 11 | Republic of KoreaKOR | SingaporeSGP | $2.4B | +58.6% | +4.9% | -1% | 2.6% | FTA reported | 0% | 0% | 0% | +0 pp | 4,664 km | $3.9B2011 | 39.4% | 30 | Rapid growth |
| 12 | ChinaCHN | PanamaPAN | $2.3B | +30.7% | +25% | +9.6% | 2.5% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 15,029 km | $3.5B2010 | 33.4% | 29 | Rapid growth |
| 13 | Republic of KoreaKOR | BermudaBMU | $1.7B | +128.2% | +54.2% | +6.2% | 1.9% | No FTA reported | 0.2% | 0.2% | Not reported | Not reported | 12,175 km | $1.7B2024 | 0% | 25 | Rapid growth |
| 14 | Republic of KoreaKOR | MaltaMLT | $1.6B | -15.8% | +36.9% | +5.6% | 1.8% | FTA reported | 0.1% | 0.1% | 0% | +0 pp | 9,312 km | $2.7B2021 | 40.4% | 30 | Rapid decline |
| 15 | JapanJPN | LiberiaLBR | $1.6B | -12.2% | -4.3% | +4.5% | 1.7% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 14,433 km | $3.3B2011 | 51.1% | 30 | Rapid decline |
| 16 | Republic of KoreaKOR | DenmarkDNK | $1.4B | +100.7% | +78.4% | -1.5% | 1.6% | FTA reported | 0% | 0.1% | 0% | +0 pp | 7,961 km | $1.7B2014 | 14% | 24 | Rapid growth |
| 17 | JapanJPN | Marshall IsdsMHL | $1.2B | +1.5% | -0.8% | +0.3% | 1.3% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 4,523 km | $2.0B2010 | 38.8% | 29 | Stable |
| 18 | Republic of KoreaKOR | GermanyDEU | $1.2B | +475.8% | +86.9% | +5.5% | 1.3% | FTA reported | 0% | 0.1% | 0% | +0 pp | 8,147 km | $4.6B2010 | 74% | 30 | Rapid growth |
| 19 | FranceFRA | MaltaMLT | $1.2B | +838% | +28.9% | +13.5% | 1.3% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 1,749 km | $1.2B2024 | 0% | 12 | Rapid growth |
| 20 | JapanJPN | SingaporeSGP | $1.1B | +40.8% | -1.8% | +6.9% | 1.2% | FTA reported | 0% | 0% | 0% | +0 pp | 5,310 km | $1.2B2019 | 8.5% | 30 | Rapid growth |
| 21 | ItalyITA | Switzerland, LiechtensteinCHE | $985.0M | +9.2% | +5.3% | +205.4% | 1.1% | FTA reported | 0% | 0% | 0% | -0 pp | 684 km | $985.0M2024 | 0% | 15 | Growing |
| 22 | ChinaCHN | GermanyDEU | $964.7M | +27.2% | +21.8% | +3.5% | 1.1% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 8,415 km | $5.1B2010 | 81% | 30 | Rapid growth |
| 23 | ChinaCHN | FranceFRA | $945.0M | -1.2% | +49.4% | +92.8% | 1% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 9,284 km | $978.6M2021 | 3.4% | 25 | Stable |
| 24 | ChinaCHN | Republic of KoreaKOR | $891.6M | +6.7% | +20.2% | +11.9% | 1% | FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 867 km | $1.2B2012 | 25.5% | 30 | Growing |
| 25 | Republic of KoreaKOR | PanamaPAN | $880.4M | -13.1% | -9.6% | -5.2% | 1% | FTA reported | 0.1% | 0.1% | Not reported | Not reported | 14,164 km | $5.2B2008 | 83% | 30 | Rapid decline |
Movement to watch
Growth leaders for HS4 8901
The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗
01Growth leader
France to USA, Puerto Rico and US Virgin Islands
+10,563.7%calculated 3-year CAGR$3.5B latest value3.8% market shareRapid growth
02Growth leader
France to Malta
+838%calculated 3-year CAGR$1.2B latest value1.3% market shareRapid growth
03Growth leader
Republic of Korea to Germany
+475.8%calculated 3-year CAGR$1.2B latest value1.3% market shareRapid growth
04Growth leader
Republic of Korea to Bermuda
+128.2%calculated 3-year CAGR$1.7B latest value1.9% market shareRapid growth
05Growth leader
Republic of Korea to Denmark
+100.7%calculated 3-year CAGR$1.4B latest value1.6% market shareRapid growth
Access and tariff context
Compare route access without over-reading one indicator
FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗
12 displayed routes with average calculated growth of +134.8%.
- Average applied tariff
- 0%
- Average tariff advantage
- +0 pp
13 displayed routes with average calculated growth of +838.5%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0 pp
Lowest reported applied tariffFTA reported
China to China, Hong Kong Special Administrative Region
0%Routes with an available applied tariff. Latest route value: $6.7B.
Applied 0%Advantage Not reported1,226 km
Largest reported tariff advantageFTA reported
France to Malta
+0.1 ppRoutes with an available tariff advantage. Latest route value: $1.2B.
Applied 0.1%Advantage +0.1 pp1,749 km
HS4 indicators
Scale, momentum, and structure in one view
These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗
Combined reported value across the 25 routes shown.
Calculated annualized change in reported HS4 trade.
Calculated concentration indicators; higher values mean a more concentrated mix.
Calculated variation in annual reported HS4 trade.
Historical peak: $122.8B in 2010. Latest below peak: 25.2%.
30 observed years; 1,672 active corridors, 135 exporters, 187 importers, and 4 HS6 products.
How to read this view
Keep reported scale separate from calculated movement.
Latest trade values describe reported merchandise trade for HS4 8901. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.
FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.