{
  "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": "2026-08-28T10:24:06.260Z",
  "title": "HS4 9612 top trade corridors | Yugalinks",
  "description": "Explore reported HS4 9612 trade corridors: leading exporter-to-importer routes, value, growth, market share, access, tariffs, and distance context.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/9612/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 9612",
      "url": "https://www.yugalinks.com/trade/sector/hs4/9612"
    },
    {
      "name": "Corridors",
      "url": "https://www.yugalinks.com/trade/sector/hs4/9612/corridors"
    }
  ],
  "hs4": "9612",
  "parentHs2": "96",
  "subsectorName": "Ribbons",
  "overview": {
    "hs4": "9612",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "years_with_data": 30,
    "latest_trade_usd": 1486078133.9620128,
    "trade_avg_3y_usd": 1506528080.3533103,
    "trade_avg_5y_usd": 1483578034.0778477,
    "trade_avg_10y_usd": 1558193064.7844632,
    "trade_cagr_3y_pct": -1.381369118339193,
    "trade_cagr_5y_pct": -1.3919708802940245,
    "trade_cagr_10y_pct": -1.9618826761550356,
    "historical_peak_usd": 1841823208.589146,
    "historical_peak_year": 2011,
    "latest_below_peak_pct": 19.3148328769099,
    "yoy_growth_latest_pct": -0.1882513630349969,
    "positive_growth_year_share_pct": 48.275862068965516,
    "trend_acceleration_pct": 0.5805135578158427,
    "trend_label": "Stable",
    "exporter_concentration_hhi": 1143.881751450802,
    "importer_concentration_hhi": 451.5299834336528,
    "trade_volatility_cv": 0.097539746352685,
    "active_corridor_count": 4938,
    "active_exporter_count": 154,
    "active_importer_count": 199,
    "active_hs6_count": 2,
    "refreshed_at": "2026-07-20 09:34:09"
  },
  "summary": {
    "latestTradeUsd": 1486078133.9620128,
    "corridorsShown": 25,
    "displayedRouteValueUsd": 518085757.6432555,
    "topFiveSharePct": 13.566335172883809,
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "leadingCorridor": {
      "rank": 1,
      "exporterIso3": "USA",
      "importerIso3": "MEX",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Mexico",
      "value": 49644557.880510114,
      "cagr3": 0.8762130644039523,
      "cagr5": -0.614644726158009,
      "cagr10": -0.2782322750068622,
      "share": 3.3406425103741637,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.09682042786095757,
      "mfnTariffPct": 0.1360029642040404,
      "preferentialTariffPct": 0.004818716757840405,
      "tariffAdvantagePp": 0.1311842474462,
      "distanceKm": 3359,
      "historicalPeakUsd": 58084665.26565002,
      "historicalPeakYear": 2016,
      "latestBelowPeakPct": 14.530698156801114,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    }
  },
  "indicators": {
    "tradeCagr3yPct": -1.381369118339193,
    "tradeCagr5yPct": -1.3919708802940245,
    "tradeCagr10yPct": -1.9618826761550356,
    "latestYoyPct": -0.1882513630349969,
    "trendLabel": "Stable",
    "historicalPeakUsd": 1841823208.589146,
    "historicalPeakYear": 2011,
    "latestBelowPeakPct": 19.3148328769099,
    "exporterConcentrationHhi": 1143.881751450802,
    "importerConcentrationHhi": 451.5299834336528,
    "tradeVolatilityCv": 0.097539746352685,
    "yearsWithData": 30
  },
  "answer": "USA, Puerto Rico and US Virgin Islands to Mexico leads the reported HS4 9612 routes with $49.6M in 2024 and +0.9% calculated three-year growth. The HS4 subsector recorded $1.5B in latest reported trade, with -1.4% calculated three-year growth.",
  "corridors": [
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      "exporterIso3": "USA",
      "importerIso3": "MEX",
      "exporterName": "USA, Puerto Rico and US Virgin Islands",
      "importerName": "Mexico",
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      "cagr3": 0.8762130644039523,
      "cagr5": -0.614644726158009,
      "cagr10": -0.2782322750068622,
      "share": 3.3406425103741637,
      "ftaKnown": true,
      "hasFta": true,
      "accessLabel": "FTA reported",
      "appliedTariffPct": 0.09682042786095757,
      "mfnTariffPct": 0.1360029642040404,
      "preferentialTariffPct": 0.004818716757840405,
      "tariffAdvantagePp": 0.1311842474462,
      "distanceKm": 3359,
      "historicalPeakUsd": 58084665.26565002,
      "historicalPeakYear": 2016,
      "latestBelowPeakPct": 14.530698156801114,
      "yearsWithData": 30,
      "trendLabel": "Stable"
    },
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      "rank": 2,
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      "importerIso3": "CHN",
      "exporterName": "Japan",
      "importerName": "China",
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      "cagr5": -0.006752491619421708,
      "cagr10": 2.515085078826118,
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      "ftaKnown": true,
      "hasFta": false,
      "accessLabel": "No FTA reported",
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      "preferentialTariffPct": null,
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      "historicalPeakUsd": 53051657.42520621,
      "historicalPeakYear": 2021,
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      "trendLabel": "Declining"
    },
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      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
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      "trendLabel": "Growing"
    },
    {
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    },
    {
      "rank": 6,
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      "trendLabel": "Declining"
    },
    {
      "rank": 7,
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      "exporterName": "Mexico",
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      "trendLabel": "Stable"
    },
    {
      "rank": 8,
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      "exporterName": "Japan",
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      "importerName": "United Kingdom",
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      "rank": 12,
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    },
    {
      "rank": 13,
      "exporterIso3": "USA",
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    },
    {
      "rank": 14,
      "exporterIso3": "CHN",
      "importerIso3": "IND",
      "exporterName": "China",
      "importerName": "India",
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      "distanceKm": 4252,
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      "historicalPeakYear": 2024,
      "latestBelowPeakPct": 0,
      "yearsWithData": 29,
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    },
    {
      "rank": 15,
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      "importerIso3": "FRA",
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      "importerName": "France",
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      "distanceKm": 344,
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      "trendLabel": "Rapid growth"
    },
    {
      "rank": 16,
      "exporterIso3": "JPN",
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      "cagr3": 28.39480652191364,
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    },
    {
      "rank": 17,
      "exporterIso3": "SGP",
      "importerIso3": "IDN",
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      "importerName": "Indonesia",
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