Latest HS4 trade
$6.2BReported valueHS4 subsector corridor intelligence
Vessels
top trade corridors
HS4 8906 - 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 8906 - reported trade
Corridors shown
25Leading routes by valueLeading route value
$809.7MLatest reported valueLeading route growth
+36.4%Calculated 3-year changeLatest reported year
20241995-2024 coverageThe HS4 corridor read
Saudi Arabia to United Arab Emirates leads the reported HS4 8906 routes.
The leading route recorded $809.7M in 2024, with +36.4% calculated three-year growth. Across the HS4 subsector, latest reported trade was $6.2B, with +11.8% calculated three-year growth. Read the HS4 overview ↗
Leading route$809.7M13% of latest HS4 trade
Top HS4 corridors
Where Vessels 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 8906 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 | Saudi ArabiaSAU | United Arab EmiratesARE | $809.7M | +36.4% | +75.2% | +84.2% | 13% | FTA reported | 0% | 0.1% | 0% | +0.1 pp | 871 km | $809.7M2024 | 0% | 18 | Rapid growth |
| 2 | Saudi ArabiaSAU | BahrainBHR | $580.8M | +122.4% | +69.8% | +110.2% | 9.3% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 425 km | $580.8M2024 | 0% | 18 | Rapid growth |
| 3 | ChinaCHN | Saudi ArabiaSAU | $428.5M | +2.9% | +7.2% | +53.1% | 6.9% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 7,253 km | $434.9M2023 | 1.5% | 26 | Stable |
| 4 | Saudi ArabiaSAU | SingaporeSGP | $362.3M | +131.2% | +1,169.8% | +256.3% | 5.8% | FTA reported | 0% | 0% | 0% | +0 pp | 6,658 km | $362.3M2024 | 0% | 5 | Rapid growth |
| 5 | IndonesiaIDN | Saudi ArabiaSAU | $274.4M | +449% | +86.4% | +76.8% | 4.4% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 7,353 km | $274.4M2024 | 0% | 10 | Rapid growth |
| 6 | ChinaCHN | Republic of KoreaKOR | $183.1M | +12.6% | -2.2% | +5% | 2.9% | FTA reported | 0.1% | 0.1% | 0.1% | +0 pp | 867 km | $288.5M2009 | 36.5% | 30 | Rapid growth |
| 7 | NorwayNOR | Saudi ArabiaSAU | $178.9M | +115.5% | +50% | +19.9% | 2.9% | No FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 4,794 km | $178.9M2024 | 0% | 15 | Rapid growth |
| 8 | SingaporeSGP | Saudi ArabiaSAU | $148.0M | +130.5% | +49.2% | +49.2% | 2.4% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 6,658 km | $284.0M2023 | 47.9% | 16 | Rapid growth |
| 9 | PanamaPAN | TurkeyTUR | $125.0M | +584.4% | +217.1% | +78.1% | 2% | No FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 10,872 km | $125.0M2024 | 0% | 3 | Rapid growth |
| 10 | United Arab EmiratesARE | IndiaIND | $111.8M | +260.6% | +536.4% | -4.5% | 1.8% | No FTA reported | 0.5% | 0.5% | Not reported | Not reported | 2,204 km | $178.1M2014 | 37.2% | 19 | Rapid growth |
| 11 | RomaniaROU | PakistanPAK | $99.6M | +49.1% | Not reported | Not reported | 1.6% | No FTA reported | 0.4% | 0.4% | Not reported | Not reported | 4,273 km | $99.6M2024 | 0% | 2 | Rapid growth |
| 12 | USA, Puerto Rico and US Virgin IslandsUSA | TaiwanTWN | $96.2M | +20.9% | +20.2% | +11.2% | 1.5% | No FTA reported | Not reported | Not reported | Not reported | Not reported | 12,555 km | $116.8M2023 | 17.6% | 30 | Rapid growth |
| 13 | Saudi ArabiaSAU | QatarQAT | $87.9M | -21.6% | +97.4% | +496.3% | 1.4% | FTA reported | 0% | 0% | 0% | +0 pp | 481 km | $328.8M2023 | 73.3% | 8 | Rapid decline |
| 14 | RomaniaROU | NorwayNOR | $86.6M | -8.5% | -7.3% | -10.9% | 1.4% | No FTA reported | 0.1% | 0% | 0.1% | -0.1 pp | 2,007 km | $274.7M2014 | 68.5% | 30 | Declining |
| 15 | BahamasBHS | ThailandTHA | $68.1M | Not reported | Not reported | Not reported | 1.1% | No FTA reported | 0.3% | 0.3% | Not reported | Not reported | 15,708 km | $68.1M2024 | 0% | 2 | Insufficient history |
| 16 | ChinaCHN | NorwayNOR | $67.0M | +56.4% | +72.7% | +29.5% | 1.1% | No FTA reported | 0% | 0% | 0% | +0 pp | 8,105 km | $67.0M2024 | 0% | 27 | Rapid growth |
| 17 | ChinaCHN | ThailandTHA | $64.8M | +371.8% | +326.8% | +56.4% | 1% | FTA reported | 0.3% | 0.3% | 0% | +0.3 pp | 2,887 km | $87.5M2017 | 25.9% | 28 | Rapid growth |
| 18 | SpainESP | United KingdomGBR | $61.8M | +838.5% | +97.2% | +127% | 1% | FTA reported | 0% | 0% | 0% | +0 pp | 1,263 km | $61.8M2024 | 0% | 23 | Rapid growth |
| 19 | ItalyITA | MaltaMLT | $58.4M | +906.3% | +394.7% | +90.1% | 0.9% | FTA reported | 0.1% | 0.1% | 0% | +0.1 pp | 688 km | $58.4M2024 | 0% | 23 | Rapid growth |
| 20 | IndiaIND | OmanOMN | $58.3M | +154.1% | -17.9% | +18.3% | 0.9% | No FTA reported | 0.1% | 0.1% | Not reported | Not reported | 1,942 km | $156.3M2018 | 62.7% | 9 | Rapid growth |
| 21 | ChinaCHN | GermanyDEU | $43.5M | +411.8% | +157.3% | +38.5% | 0.7% | No FTA reported | 0% | 0.1% | 0% | +0 pp | 8,415 km | $43.5M2024 | 0% | 26 | Rapid growth |
| 22 | RomaniaROU | NetherlandsNLD | $42.8M | +66.2% | +1.1% | +7.2% | 0.7% | FTA reported | 0% | 0% | 0% | +0 pp | 1,792 km | $90.6M2020 | 52.8% | 29 | Rapid growth |
| 23 | NorwayNOR | DenmarkDNK | $41.5M | -0.4% | -10.2% | +13.1% | 0.7% | FTA reported | 0% | 0.1% | 0% | +0.1 pp | 484 km | $195.0M2018 | 78.7% | 30 | Stable |
| 24 | Viet NamVNM | NorwayNOR | $40.7M | +589.8% | +22.2% | +28.4% | 0.7% | No FTA reported | 0% | 0% | 0% | -0 pp | 9,308 km | $52.4M2023 | 22.4% | 8 | Rapid growth |
| 25 | IndonesiaIDN | CanadaCAN | $37.5M | +6,195.1% | +1,100.6% | +246.5% | 0.6% | No FTA reported | 0.1% | 0.1% | 0% | +0 pp | 15,806 km | $37.5M2024 | 0% | 2 | Rapid growth |
Movement to watch
Growth leaders for HS4 8906
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
Indonesia to Canada
+6,195.1%calculated 3-year CAGR$37.5M latest value0.6% market shareRapid growth
02Growth leader
Italy to Malta
+906.3%calculated 3-year CAGR$58.4M latest value0.9% market shareRapid growth
03Growth leader
Spain to United Kingdom
+838.5%calculated 3-year CAGR$61.8M latest value1% market shareRapid growth
04Growth leader
Viet Nam to Norway
+589.8%calculated 3-year CAGR$40.7M latest value0.7% market shareRapid growth
05Growth leader
Panama to Turkey
+584.4%calculated 3-year CAGR$125.0M latest value2% 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 ↗
11 displayed routes with average calculated growth of +235.8%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0.1 pp
14 displayed routes with average calculated growth of +683.2%.
- Average applied tariff
- 0.1%
- Average tariff advantage
- +0 pp
Lowest reported applied tariffFTA reported
Spain to United Kingdom
0%Routes with an available applied tariff. Latest route value: $61.8M.
Applied 0%Advantage +0 pp1,263 km
Largest reported tariff advantageFTA reported
China to Thailand
+0.3 ppRoutes with an available tariff advantage. Latest route value: $64.8M.
Applied 0.3%Advantage +0.3 pp2,887 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: $6.2B in 2024. Latest below peak: 0%.
30 observed years; 1,658 active corridors, 113 exporters, 187 importers, and 2 HS6 products.
How to read this view
Keep reported scale separate from calculated movement.
Latest trade values describe reported merchandise trade for HS4 8906. 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.