{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:07.365Z", "seo": { "title": "Belarus exports to Hong Kong: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Belarus to Hong Kong, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "BLR", "country_name": "Belarus" }, "importer": { "iso3": "HKG", "country_name": "Hong Kong" }, "latestYear": 2024, "risk": { "exporter_iso3": "BLR", "importer_iso3": "HKG", "all_history_lane_count": 22, "current_lane_count": 13, "current_product_count": 13, "first_observed_last_year": 1998, "latest_data_year": 2024, "current_trade_usd": 101594982.85104021, "attention_trade_usd": 100708568.66355047, "critical_trade_usd": 0, "high_volatility_trade_usd": 32850149.161880087, "unrecovered_drawdown_trade_usd": 698317.1415264753, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 100865988.51760022, "access_friction_trade_usd": 101594982.85104021, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 4, "high_volatility_lane_count": 3, "unrecovered_drawdown_lane_count": 7, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 7, "access_friction_lane_count": 13, "trade_weighted_volatility_cv": 0.4665436818276251, "trade_weighted_below_peak_pct": 0.9838842684764475, "product_concentration_hhi": 5110.857706855198, "top1_product_share_pct": 63.89090261280137, "top3_product_share_pct": 98.01657430365616, "top_product_hs6": "999999", "top_product_trade_usd": 64909951.55285036, "top_product_description": "Commodities not specified according to kind", "top_attention_product_hs6": "999999", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 7819.1025390625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 0, "avg_mfn_tariff_pct": 0, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 1.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 368139.247671, "buyer_gdp_pc_latest": 49661, "buyer_population_latest": 7413.1, "buyer_gdp_5y_cagr_pct": 2.303516880397938, "buyer_gdp_pc_5y_cagr_pct": 2.259425330431597, "buyer_population_5y_cagr_pct": 0.04311734573498871, "buyer_investment_5y_avg_pct": 23.188, "buyer_savings_5y_avg_pct": 22.356, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 99.12750200589194, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 368139.247671, "buyer_gdp_pc_2024": 49661, "buyer_population_2024": 7413.1 }, "history": [ { "year": 1995, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 5963132.105140253, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 7007826.608300862, "yoy_growth_pct": 17.51922454074222, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 16687471.021419952, "yoy_growth_pct": 138.12619738127404, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 24616716.37741008, "yoy_growth_pct": 47.51615955354882, "cagr_3y_pct": 60.41755659810513 }, { "year": 1999, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 32678327.187072713, "yoy_growth_pct": 32.74852212645427, "cagr_3y_pct": 67.06757019664285 }, { "year": 2000, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 18669066.07611047, "yoy_growth_pct": -42.87019048057085, "cagr_3y_pct": 3.8111549387702226 }, { "year": 2001, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 9579674.113460198, "yoy_growth_pct": -48.68691302282843, "cagr_3y_pct": -26.99148116125164 }, { "year": 2002, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 25233581.44114973, "yoy_growth_pct": 163.40751410003142, "cagr_3y_pct": -8.256981285058728 }, { "year": 2003, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 10806343.783811944, "yoy_growth_pct": -57.17475218880554, "cagr_3y_pct": -16.66027514769668 }, { "year": 2004, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6914263.55292408, "yoy_growth_pct": -36.016624204740324, "cagr_3y_pct": -10.298770017497894 }, { "year": 2005, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6751556.608168623, "yoy_growth_pct": -2.353207156626924, "cagr_3y_pct": -35.56205634028273 }, { "year": 2006, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 5056971.794871938, "yoy_growth_pct": -25.099172111605018, "cagr_3y_pct": -22.36267132321158 }, { "year": 2007, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6655142.780726634, "yoy_growth_pct": 31.603320142606563, "cagr_3y_pct": -1.2651473058785667 }, { "year": 2008, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 5536333.026146166, "yoy_growth_pct": -16.811205881571066, "cagr_3y_pct": -6.400664758542973 }, { "year": 2009, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 3511393.078786419, "yoy_growth_pct": -36.575472208710416, "cagr_3y_pct": -11.448421791172725 }, { "year": 2010, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 8161725.874417462, "yoy_growth_pct": 132.43555168247516, "cagr_3y_pct": 7.038876563398477 }, { "year": 2011, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 7857250.805635151, "yoy_growth_pct": -3.730523096060767, "cagr_3y_pct": 12.378389341331442 }, { "year": 2012, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6879073.834141143, "yoy_growth_pct": -12.44935405132377, "cagr_3y_pct": 25.12675274365379 }, { "year": 2013, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 7215175.126655242, "yoy_growth_pct": 4.885850924379009, "cagr_3y_pct": -4.025699047885222 }, { "year": 2014, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 7381926.040550837, "yoy_growth_pct": 2.311113881069393, "cagr_3y_pct": -2.058588680074569 }, { "year": 2015, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 5798512.934057923, "yoy_growth_pct": -21.449864138367335, "cagr_3y_pct": -5.536894330647657 }, { "year": 2016, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 5805950.941169852, "yoy_growth_pct": 0.1282743902879302, "cagr_3y_pct": -6.987319209165344 }, { "year": 2017, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 8977522.624756806, "yoy_growth_pct": 54.62622257272996, "cagr_3y_pct": 6.740427916425884 }, { "year": 2018, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 8591070.789230425, "yoy_growth_pct": -4.304660112587011, "cagr_3y_pct": 14.001409897365114 }, { "year": 2019, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6880117.61855494, "yoy_growth_pct": -19.91548216341433, "cagr_3y_pct": 5.82156181479041 }, { "year": 2020, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6392999.164726762, "yoy_growth_pct": -7.080089045490623, "cagr_3y_pct": -10.700427502784516 }, { "year": 2021, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 10839944.331620743, "yoy_growth_pct": 69.55960813243817, "cagr_3y_pct": 8.058744699646336 }, { "year": 2022, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 7201750.352061749, "yoy_growth_pct": -33.562847448821046, "cagr_3y_pct": 1.5346010186239045 }, { "year": 2023, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 6049762.389436821, "yoy_growth_pct": -15.995944128987084, "cagr_3y_pct": -1.8226685700116096 }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "HKG", "export_value_usd": 105286204.36262903, "yoy_growth_pct": 1640.3361914918155, "cagr_3y_pct": 113.36088584841102 } ], "riskLanes": [ { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "999999", "hs_description": "Commodities not specified according to kind", "buyer_imports_latest_usd": 65989245.46829409, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta", "limited_history" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "710231", "hs_description": "Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set", "buyer_imports_latest_usd": 1286676220.7118628, "current_below_peak_pct": 0, "lane_volatility_cv": 1.3971174995245834, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta", "limited_history" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "710221", "hs_description": "Diamonds: industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set", "buyer_imports_latest_usd": 22671082.789257884, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta", "limited_history" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "050400", "hs_description": "Animal products: guts, bladders and stomachs of animals (other than fish), whole and pieces thereof", "buyer_imports_latest_usd": 278765313.8252998, "current_below_peak_pct": 38.572403521376835, "lane_volatility_cv": 0.9800131683786724, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "900130", "hs_description": "Lenses, contact: unmounted, of any material, excluding elements of glass not optically worked", "buyer_imports_latest_usd": 87024985.61318345, "current_below_peak_pct": 89.21750212153812, "lane_volatility_cv": 1.3662835797017139, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "681510", "hs_description": "Stone articles and other mineral substances, non-electrical articles of graphite or other carbon", "buyer_imports_latest_usd": 11419393.25815491, "current_below_peak_pct": 62.319027328634235, "lane_volatility_cv": 0.7215012523779711, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "051199", "hs_description": "Animal products: n.e.s. in chapter 5", "buyer_imports_latest_usd": 11950666.627819518, "current_below_peak_pct": 29.146992002743005, "lane_volatility_cv": 0.7176375204002244, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "020649", "hs_description": "Offal, edible: of swine, (other than livers), frozen", "buyer_imports_latest_usd": 57526284.55041818, "current_below_peak_pct": 67.40594204987556, "lane_volatility_cv": 0.8179794502254043, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "902730", "hs_description": "Spectrometers, spectrophotometers and spectrographs: using optical radiations (UV, visible, IR)", "buyer_imports_latest_usd": 49164952.47172196, "current_below_peak_pct": 51.76609296768105, "lane_volatility_cv": 0.7739629368385994, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "BLR", "importer_iso3": "HKG", "hs_code": "901380", "hs_description": "Optical devices, appliances and instruments: n.e.c. in heading no. 9013 (including liquid crystal devices)", "buyer_imports_latest_usd": 27250367.51135811, "current_below_peak_pct": 8.14567290830141, "lane_volatility_cv": 0.95617803844379, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "HKG", "distance_km": 7820, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 0, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 368139.247671, "importer_gdp_per_capita_usd": 49660.63423817296, "importer_population": 7413.1, "importer_biz_entry_days": 1.5, "importer_biz_entry_cost_pct": 0.5, "exporter_gdp_million_usd": 68218.816484, "exporter_gdp_per_capita_usd": 7303.696265885707, "avg_applied_tariff_pct": 0, "avg_mfn_tariff_pct": 0, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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 2026-08-29)", "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": "2026-08-29", "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": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/BLR-HKG/risk", "html": "https://www.yugalinks.com/trade/corridor/BLR-HKG/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BLR-HKG/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BLR-HKG/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BLR-HKG/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }