{
  "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": "2026-08-28T10:24:05.161Z",
  "title": "HS4 9403 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 9403 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/9403/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 9403",
      "url": "https://www.yugalinks.com/trade/sector/hs4/9403"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/9403/corridors"
    }
  ],
  "hs4": "9403",
  "parentHs2": "94",
  "subsectorName": "Furniture",
  "overview": {
    "hs4": "9403",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 101267856505.92575,
    "trade_avg_3y_usd": 102680400945.48816,
    "trade_avg_5y_usd": 100228100840.87991,
    "trade_avg_10y_usd": 90464497027.05777,
    "trade_cagr_3y_pct": -1.6068787365060233,
    "trade_cagr_5y_pct": 3.4183236741411216,
    "trade_cagr_10y_pct": 2.3918503408679292,
    "historical_peak_usd": 108524377007.60068,
    "historical_peak_year": 2022,
    "latest_below_peak_pct": 6.68653504563929,
    "yoy_growth_latest_pct": 3.1121786465798733,
    "positive_growth_year_share_pct": 82.75862068965517,
    "trend_acceleration_pct": -3.9987290773739526,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 2216.988629002446,
    "importer_concentration_hhi": 1023.4418245168854,
    "trade_volatility_cv": 0.40965024975623693,
    "active_corridor_count": 12937,
    "active_exporter_count": 199,
    "active_importer_count": 200,
    "active_hs6_count": 11,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 101267856505.92575,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 43052007128.56067,
    "topFiveSharePct": 21.03742694906339,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "CHN",
      "importerIso3": "USA",
      "exporterName": "China",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 7436176436.363083,
      "cagr3": -6.397282969139795,
      "cagr5": -2.4365320005061974,
      "cagr10": -0.8150656646658372,
      "share": 7.343076759927223,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04674475463696969,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11883,
      "historicalPeakUsd": 11579628039.063023,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 35.78225128408539,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -1.6068787365060233,
    "tradeCagr5yPct": 3.4183236741411216,
    "tradeCagr10yPct": 2.3918503408679292,
    "latestYoyPct": 3.1121786465798733,
    "trendLabel": "Stable",
    "historicalPeakUsd": 108524377007.60068,
    "historicalPeakYear": 2022,
    "latestBelowPeakPct": 6.68653504563929,
    "exporterConcentrationHhi": 2216.988629002446,
    "importerConcentrationHhi": 1023.4418245168854,
    "tradeVolatilityCv": 0.40965024975623693,
    "yearsWithData": 30
  },
  "answer": "China to USA, Puerto Rico and US Virgin Islands leads the reported HS4 9403 routes with $7.4B in 2024 and -6.4% calculated three-year growth. The HS4 subsector recorded $101.3B in latest reported trade, with -1.6% calculated three-year growth.",
  "corridors": [
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      "rank": 1,
      "exporterIso3": "CHN",
      "importerIso3": "USA",
      "exporterName": "China",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 7436176436.363083,
      "cagr3": -6.397282969139795,
      "cagr5": -2.4365320005061974,
      "cagr10": -0.8150656646658372,
      "share": 7.343076759927223,
      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.04674475463696969,
      "mfnTariffPct": 0.04674475463696969,
      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
      "distanceKm": 11883,
      "historicalPeakUsd": 11579628039.063023,
      "historicalPeakYear": 2018,
      "latestBelowPeakPct": 35.78225128408539,
      "yearsWithData": 30,
      "trendLabel": "Declining"
    },
    {
      "rank": 2,
      "exporterIso3": "VNM",
      "importerIso3": "USA",
      "exporterName": "Viet Nam",
      "importerName": "USA, Puerto Rico and US Virgin Islands",
      "value": 6733790654.811595,
      "cagr3": 2.1127174194201848,
      "cagr5": 10.887356687235528,
      "cagr10": 12.480852712415412,
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      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
      "appliedTariffPct": 0.045268132218115945,
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      "preferentialTariffPct": null,
      "tariffAdvantagePp": null,
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      "historicalPeakUsd": 7292843618.470657,
      "historicalPeakYear": 2022,
      "latestBelowPeakPct": 7.665774736251624,
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    },
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      "rank": 3,
      "exporterIso3": "CAN",
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      "historicalPeakYear": 2000,
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      "trendLabel": "Growing"
    },
    {
      "rank": 4,
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      "exporterName": "Poland",
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      "historicalPeakYear": 2023,
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      "trendLabel": "Stable"
    },
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    },
    {
      "rank": 6,
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      "importerIso3": "GBR",
      "exporterName": "China",
      "importerName": "United Kingdom",
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      "trendLabel": "Declining"
    },
    {
      "rank": 7,
      "exporterIso3": "CHN",
      "importerIso3": "AUS",
      "exporterName": "China",
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    },
    {
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    },
    {
      "rank": 9,
      "exporterIso3": "CHN",
      "importerIso3": "DEU",
      "exporterName": "China",
      "importerName": "Germany",
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    {
      "rank": 10,
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      "importerName": "Malaysia",
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      "exporterIso3": "CHN",
      "importerIso3": "CAN",
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    },
    {
      "rank": 14,
      "exporterIso3": "DEU",
      "importerIso3": "FRA",
      "exporterName": "Germany",
      "importerName": "France",
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      "exporterIso3": "ITA",
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      "distanceKm": 1106,
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      "historicalPeakYear": 2021,
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      "trendLabel": "Declining"
    },
    {
      "rank": 16,
      "exporterIso3": "DEU",
      "importerIso3": "NLD",
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      "importerName": "Netherlands",
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      "historicalPeakYear": 2022,
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    },
    {
      "rank": 17,
      "exporterIso3": "CHN",
      "importerIso3": "FRA",
      "exporterName": "China",
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