{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.001Z",
  "seo": {
    "title": "Estonia exports to Hong Kong: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Estonia 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": "EST",
    "country_name": "Estonia"
  },
  "importer": {
    "iso3": "HKG",
    "country_name": "Hong Kong"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "EST",
    "importer_iso3": "HKG",
    "all_history_lane_count": 37,
    "current_lane_count": 18,
    "current_product_count": 18,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 4232478.996578772,
    "attention_trade_usd": 1529937.9068954638,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 2590991.981854808,
    "unrecovered_drawdown_trade_usd": 1279956.7671315463,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1759618.5594855791,
    "access_friction_trade_usd": 4232478.996578772,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 9,
    "unrecovered_drawdown_lane_count": 8,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 10,
    "access_friction_lane_count": 18,
    "trade_weighted_volatility_cv": 1.421188056815241,
    "trade_weighted_below_peak_pct": 24.323555382174252,
    "product_concentration_hhi": 1717.071848439772,
    "top1_product_share_pct": 36.14756052261935,
    "top3_product_share_pct": 54.128925509049886,
    "top_product_hs6": "760200",
    "top_product_trade_usd": 1529937.9068954638,
    "top_product_description": "Aluminium: waste and scrap",
    "top_attention_product_hs6": "760200",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 7864.6435546875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.1656000167131424,
    "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": 36.14756052261935,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Watch",
    "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": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 187638.19931447363,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 656055.0126739591,
      "yoy_growth_pct": 249.6383013004931,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 2121671.866056364,
      "yoy_growth_pct": 223.39846888888496,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 1489770.660083712,
      "yoy_growth_pct": -29.783173170278776,
      "cagr_3y_pct": 99.49532375730732
    },
    {
      "year": 1999,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 3256119.8190805847,
      "yoy_growth_pct": 118.5651729037018,
      "cagr_3y_pct": 70.57683025487209
    },
    {
      "year": 2000,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 3210929.923599848,
      "yoy_growth_pct": -1.3878449808857662,
      "cagr_3y_pct": 14.811186020475864
    },
    {
      "year": 2001,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 4517921.672741835,
      "yoy_growth_pct": 40.70446195464423,
      "cagr_3y_pct": 44.745951934019246
    },
    {
      "year": 2002,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 4260042.020913934,
      "yoy_growth_pct": -5.707926575703526,
      "cagr_3y_pct": 9.371583954644525
    },
    {
      "year": 2003,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 4707201.968697563,
      "yoy_growth_pct": 10.496608850062383,
      "cagr_3y_pct": 13.59973939226009
    },
    {
      "year": 2004,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 4935127.959269016,
      "yoy_growth_pct": 4.842069494513712,
      "cagr_3y_pct": 2.9879879330448222
    },
    {
      "year": 2005,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 7950857.660427939,
      "yoy_growth_pct": 61.10742671818399,
      "cagr_3y_pct": 23.12134898142615
    },
    {
      "year": 2006,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 9796441.393468542,
      "yoy_growth_pct": 23.2123855295036,
      "cagr_3y_pct": 27.673815493150975
    },
    {
      "year": 2007,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 9853910.55143652,
      "yoy_growth_pct": 0.5866329992674002,
      "cagr_3y_pct": 25.922517970695893
    },
    {
      "year": 2008,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 5739002.87196805,
      "yoy_growth_pct": -41.75913367580337,
      "cagr_3y_pct": -10.296892568825445
    },
    {
      "year": 2009,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 8417793.267487437,
      "yoy_growth_pct": 46.676930736589114,
      "cagr_3y_pct": -4.9300416440073995
    },
    {
      "year": 2010,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 5500307.504642532,
      "yoy_growth_pct": -34.65855801084222,
      "cagr_3y_pct": -17.663427390034926
    },
    {
      "year": 2011,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 6694061.056069885,
      "yoy_growth_pct": 21.7033965904591,
      "cagr_3y_pct": 5.265100405399048
    },
    {
      "year": 2012,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 9546326.936999898,
      "yoy_growth_pct": 42.60890148803917,
      "cagr_3y_pct": 4.28279980586892
    },
    {
      "year": 2013,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 12975315.868506925,
      "yoy_growth_pct": 35.91945838578883,
      "cagr_3y_pct": 33.12010646428367
    },
    {
      "year": 2014,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 10797163.232414799,
      "yoy_growth_pct": -16.786894886920134,
      "cagr_3y_pct": 17.27533061908053
    },
    {
      "year": 2015,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 14335398.053933026,
      "yoy_growth_pct": 32.77004103166548,
      "cagr_3y_pct": 14.513797673800365
    },
    {
      "year": 2016,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 15907330.660331601,
      "yoy_growth_pct": 10.965392104806625,
      "cagr_3y_pct": 7.026943574448841
    },
    {
      "year": 2017,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 15324686.334678633,
      "yoy_growth_pct": -3.662741022325755,
      "cagr_3y_pct": 12.381280352802815
    },
    {
      "year": 2018,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 15412103.440069187,
      "yoy_growth_pct": 0.5704332439923077,
      "cagr_3y_pct": 2.443416275385446
    },
    {
      "year": 2019,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 16923460.274767496,
      "yoy_growth_pct": 9.806298280927738,
      "cagr_3y_pct": 2.08547468403697
    },
    {
      "year": 2020,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 15184153.720437584,
      "yoy_growth_pct": -10.27748773649546,
      "cagr_3y_pct": -0.3066172460767791
    },
    {
      "year": 2021,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 20702867.057325654,
      "yoy_growth_pct": 36.34521514004423,
      "cagr_3y_pct": 10.337428809946726
    },
    {
      "year": 2022,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 23636812.55690438,
      "yoy_growth_pct": 14.171686904305147,
      "cagr_3y_pct": 11.780637372657644
    },
    {
      "year": 2023,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 30498099.306159325,
      "yoy_growth_pct": 29.027969540041653,
      "cagr_3y_pct": 26.171343479036892
    },
    {
      "year": 2024,
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "export_value_usd": 29261054.6608869,
      "yoy_growth_pct": -4.056136852510662,
      "cagr_3y_pct": 12.224193759682112
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "760200",
      "hs_description": "Aluminium: waste and scrap",
      "buyer_imports_latest_usd": 319076475.50954384,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.9190528355774237,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "870332",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
      "buyer_imports_latest_usd": 15966667.239692992,
      "current_below_peak_pct": 52.4215944436248,
      "lane_volatility_cv": 0.7094683222323754,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "840999",
      "hs_description": "Engines: parts for internal combustion piston engines (excluding spark-ignition)",
      "buyer_imports_latest_usd": 94207746.30322087,
      "current_below_peak_pct": 15.893561967260863,
      "lane_volatility_cv": 1.7120205533817539,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "870340",
      "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
      "buyer_imports_latest_usd": 126196184.51284187,
      "current_below_peak_pct": 54.6261071665865,
      "lane_volatility_cv": 0.7618823553328056,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "900190",
      "hs_description": "Optical elements: lenses n.e.c. in heading no. 9001, prisms, mirrors and other optical elements, unmounted, of any material (excluding elements of glass not optically worked)",
      "buyer_imports_latest_usd": 256603475.95716268,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.8989125754626441,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "EST",
      "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": 0,
      "lane_volatility_cv": 0.7456179003855076,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "844331",
      "hs_description": "Printing, copying, and facsimile machines: machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network",
      "buyer_imports_latest_usd": 160660095.5893493,
      "current_below_peak_pct": 65.0515950706132,
      "lane_volatility_cv": 0.8110869394529218,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "EST",
      "importer_iso3": "HKG",
      "hs_code": "940490",
      "hs_description": "Bedding and similar furnishing articles: n.e.c. in heading no. 9404 (e.g. quilts, eiderdowns, cushions, pouffes and pillows)",
      "buyer_imports_latest_usd": 77299506.64678048,
      "current_below_peak_pct": 35.11163474771881,
      "lane_volatility_cv": 0.954638815758107,
      "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": "EST",
      "importer_iso3": "HKG",
      "hs_code": "220890",
      "hs_description": "Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208",
      "buyer_imports_latest_usd": 138837404.2701557,
      "current_below_peak_pct": 81.91214566236856,
      "lane_volatility_cv": 2.196457634189283,
      "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": "EST",
      "importer_iso3": "HKG",
      "hs_code": "220600",
      "hs_description": "Beverages, fermented: (eg cider, perry, mead)",
      "buyer_imports_latest_usd": 37947724.83897596,
      "current_below_peak_pct": 37.74530193127298,
      "lane_volatility_cv": 0.5557773048597889,
      "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"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "EST",
    "importer_iso3": "HKG",
    "distance_km": 7869,
    "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": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "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": 36262.924354,
    "exporter_gdp_per_capita_usd": 27280.658439997173,
    "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/EST-HKG/risk",
    "html": "https://www.yugalinks.com/trade/corridor/EST-HKG/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/EST-HKG/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/EST-HKG/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/EST-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"
  }
}