{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Balances (HS4 9016) Trade Overview | Yugalinks",
  "description": "Review reported global trade for balances at HS4 9016, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/9016",
  "publisher": {
    "name": "Yugalinks",
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    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "sameAs": [
      "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 2026-08-27)",
    "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": "2026-08-27",
    "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": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/9016/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/9016/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/9016/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/9016/index.ld.json",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
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  "subsector": {
    "hs4": "9016",
    "name": "Balances"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The balances subsector recorded $571.8M in reported global trade in 2024, with +14.4% annual change.",
  "keyFigures": {
    "latestTradeUsd": 571816075.9222344,
    "latestAnnualChangePct": 14.389106011748098,
    "activeExporters": 129,
    "activeImporters": 195,
    "activeHs6Products": 1
  },
  "growthAndStructure": {
    "trendLabel": "Growing",
    "tradeCagr3yPct": 4.316180402982472,
    "tradeCagr5yPct": 7.735113628303969,
    "historicalPeakUsd": 571816075.9222344,
    "historicalPeakYear": 2024,
    "positiveGrowthYearSharePct": 68.96551724137932,
    "exporterConcentrationHhi": 1761.2524215226174,
    "importerConcentrationHhi": 789.514527570443,
    "tradeVolatilityCv": 0.3819667220941102
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  "annualRows": [
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      "year": 1995,
      "hs4": 9016,
      "global_trade_usd": 209642816.53360382,
      "corridor_count": 1803,
      "active_hs6_count": 1
    },
    {
      "year": 1996,
      "hs4": 9016,
      "global_trade_usd": 225858749.0321469,
      "corridor_count": 1883,
      "active_hs6_count": 1
    },
    {
      "year": 1997,
      "hs4": 9016,
      "global_trade_usd": 187714886.8242948,
      "corridor_count": 1838,
      "active_hs6_count": 1
    },
    {
      "year": 1998,
      "hs4": 9016,
      "global_trade_usd": 189658126.9672425,
      "corridor_count": 1832,
      "active_hs6_count": 1
    },
    {
      "year": 1999,
      "hs4": 9016,
      "global_trade_usd": 188149821.25572258,
      "corridor_count": 2060,
      "active_hs6_count": 1
    },
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      "year": 2000,
      "hs4": 9016,
      "global_trade_usd": 169487781.4966853,
      "corridor_count": 2266,
      "active_hs6_count": 1
    },
    {
      "year": 2001,
      "hs4": 9016,
      "global_trade_usd": 178681016.43829894,
      "corridor_count": 2184,
      "active_hs6_count": 1
    },
    {
      "year": 2002,
      "hs4": 9016,
      "global_trade_usd": 186366863.03614512,
      "corridor_count": 2312,
      "active_hs6_count": 1
    },
    {
      "year": 2003,
      "hs4": 9016,
      "global_trade_usd": 202263832.1535239,
      "corridor_count": 2408,
      "active_hs6_count": 1
    },
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      "year": 2004,
      "hs4": 9016,
      "global_trade_usd": 235594868.19839305,
      "corridor_count": 2540,
      "active_hs6_count": 1
    },
    {
      "year": 2005,
      "hs4": 9016,
      "global_trade_usd": 237383867.38108307,
      "corridor_count": 2623,
      "active_hs6_count": 1
    },
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      "year": 2006,
      "hs4": 9016,
      "global_trade_usd": 260871297.43290576,
      "corridor_count": 2642,
      "active_hs6_count": 1
    },
    {
      "year": 2007,
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      "global_trade_usd": 285812583.03893226,
      "corridor_count": 2664,
      "active_hs6_count": 1
    },
    {
      "year": 2008,
      "hs4": 9016,
      "global_trade_usd": 307094432.44229007,
      "corridor_count": 2737,
      "active_hs6_count": 1
    },
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      "year": 2009,
      "hs4": 9016,
      "global_trade_usd": 239838173.20451128,
      "corridor_count": 2732,
      "active_hs6_count": 1
    },
    {
      "year": 2010,
      "hs4": 9016,
      "global_trade_usd": 276356417.08012646,
      "corridor_count": 2800,
      "active_hs6_count": 1
    },
    {
      "year": 2011,
      "hs4": 9016,
      "global_trade_usd": 334444291.08011025,
      "corridor_count": 2862,
      "active_hs6_count": 1
    },
    {
      "year": 2012,
      "hs4": 9016,
      "global_trade_usd": 321177441.34503675,
      "corridor_count": 2850,
      "active_hs6_count": 1
    },
    {
      "year": 2013,
      "hs4": 9016,
      "global_trade_usd": 325917649.4047077,
      "corridor_count": 2922,
      "active_hs6_count": 1
    },
    {
      "year": 2014,
      "hs4": 9016,
      "global_trade_usd": 339517126.7850368,
      "corridor_count": 3021,
      "active_hs6_count": 1
    },
    {
      "year": 2015,
      "hs4": 9016,
      "global_trade_usd": 463566006.1583371,
      "corridor_count": 3012,
      "active_hs6_count": 1
    },
    {
      "year": 2016,
      "hs4": 9016,
      "global_trade_usd": 479855170.61441344,
      "corridor_count": 3129,
      "active_hs6_count": 1
    },
    {
      "year": 2017,
      "hs4": 9016,
      "global_trade_usd": 506685689.56477845,
      "corridor_count": 3009,
      "active_hs6_count": 1
    },
    {
      "year": 2018,
      "hs4": 9016,
      "global_trade_usd": 440198813.5206606,
      "corridor_count": 3046,
      "active_hs6_count": 1
    },
    {
      "year": 2019,
      "hs4": 9016,
      "global_trade_usd": 393976203.29103583,
      "corridor_count": 3128,
      "active_hs6_count": 1
    },
    {
      "year": 2020,
      "hs4": 9016,
      "global_trade_usd": 393344616.4735503,
      "corridor_count": 2956,
      "active_hs6_count": 1
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      "year": 2021,
      "hs4": 9016,
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      "corridor_count": 3073,
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      "year": 2022,
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      "year": 2023,
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    },
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      "year": 2024,
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      "global_trade_usd": 571816075.9222344,
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      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Switzerland, Liechtenstein",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
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  "products": [
    {
      "hs_code": "901600",
      "product_name": "Balances: of a sensitivity of 5cg or better, with or without weights"
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  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}