{
  "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": "2026-08-28T10:24:01.603Z",
  "title": "HS4 8908 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 8908 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/8908/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 8908",
      "url": "https://www.yugalinks.com/trade/sector/hs4/8908"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/8908/corridors"
    }
  ],
  "hs4": "8908",
  "parentHs2": "89",
  "subsectorName": "Vessels and other floating structures",
  "overview": {
    "hs4": "8908",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 562698373.9923217,
    "trade_avg_3y_usd": 925732043.3012543,
    "trade_avg_5y_usd": 1251694856.2208152,
    "trade_avg_10y_usd": 1560441877.1316319,
    "trade_cagr_3y_pct": -28.332173154519225,
    "trade_cagr_5y_pct": -22.55018099164422,
    "trade_cagr_10y_pct": -12.31424084619407,
    "historical_peak_usd": 2959765167.9610705,
    "historical_peak_year": 2013,
    "latest_below_peak_pct": 80.98841151036471,
    "yoy_growth_latest_pct": -26.549419148079256,
    "positive_growth_year_share_pct": 51.724137931034484,
    "trend_acceleration_pct": -16.017932308325157,
    "trend_label": "Rapid decline",
    "exporter_concentration_hhi": 861.0987963643288,
    "importer_concentration_hhi": 3111.444780783261,
    "trade_volatility_cv": 0.78366896097419,
    "active_corridor_count": 585,
    "active_exporter_count": 99,
    "active_importer_count": 137,
    "active_hs6_count": 1,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 562698373.9923217,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 452658607.9563778,
    "topFiveSharePct": 43.46222077266942,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "KOR",
      "importerIso3": "IND",
      "exporterName": "Republic of Korea",
      "importerName": "India",
      "value": 78217822.0597232,
      "cagr3": -18.463521144234218,
      "cagr5": 1.6549178282124766,
      "cagr10": -1.6077538234654076,
      "share": 13.900488374396922,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.5178343248545455,
      "mfnTariffPct": 0.5323102001373737,
      "preferentialTariffPct": 0.08998392081090906,
      "tariffAdvantagePp": 0.4423262793264647,
      "distanceKm": 4692,
      "historicalPeakUsd": 265258993.2530551,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 70.51265968384945,
      "yearsWithData": 21,
      "trendLabel": "Rapid decline"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -28.332173154519225,
    "tradeCagr5yPct": -22.55018099164422,
    "tradeCagr10yPct": -12.31424084619407,
    "latestYoyPct": -26.549419148079256,
    "trendLabel": "Rapid decline",
    "historicalPeakUsd": 2959765167.9610705,
    "historicalPeakYear": 2013,
    "latestBelowPeakPct": 80.98841151036471,
    "exporterConcentrationHhi": 861.0987963643288,
    "importerConcentrationHhi": 3111.444780783261,
    "tradeVolatilityCv": 0.78366896097419,
    "yearsWithData": 30
  },
  "answer": "Republic of Korea to India leads the reported HS4 8908 routes with $78.2M in 2024 and -18.5% calculated three-year growth. The HS4 subsector recorded $562.7M in latest reported trade, with -28.3% calculated three-year growth.",
  "corridors": [
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      "cagr5": 1.6549178282124766,
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      "ftaKnown": true,
      "hasFta": true,
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      "preferentialTariffPct": 0.08998392081090906,
      "tariffAdvantagePp": 0.4423262793264647,
      "distanceKm": 4692,
      "historicalPeakUsd": 265258993.2530551,
      "historicalPeakYear": 2018,
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      "yearsWithData": 21,
      "trendLabel": "Rapid decline"
    },
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      "exporterName": "Nigeria",
      "importerName": "Cameroon",
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      "preferentialTariffPct": null,
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      "historicalPeakUsd": 939438488.2969941,
      "historicalPeakYear": 2020,
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      "trendLabel": "Declining"
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    },
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      "rank": 17,
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