{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.623Z",
  "seo": {
    "title": "Georgia exports to Hong Kong: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Georgia 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": "GEO",
    "country_name": "Georgia"
  },
  "importer": {
    "iso3": "HKG",
    "country_name": "Hong Kong"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "GEO",
    "importer_iso3": "HKG",
    "all_history_lane_count": 28,
    "current_lane_count": 7,
    "current_product_count": 7,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 1675999.5737695484,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 134446.01788381784,
    "unrecovered_drawdown_trade_usd": 1026783.4753709434,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 271570.90024793847,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.8482779670558704,
    "trade_weighted_below_peak_pct": 38.07476677382746,
    "product_concentration_hhi": 2728.415866240227,
    "top1_product_share_pct": 44.696369043672995,
    "top3_product_share_pct": 79.49005212250607,
    "top_product_hs6": "021020",
    "top_product_trade_usd": 749110.9546624238,
    "top_product_description": "Meat: salted, in brine, dried or smoked, of bovine animals",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 6707.7470703125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 1,
    "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": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": 368139.247671,
    "buyer_gdp_pc_2024": 49661,
    "buyer_population_2024": 7413.1
  },
  "history": [
    {
      "year": 1996,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 28642.105342928968,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 203093.0573248223,
      "yoy_growth_pct": 609.0716792400912,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 266313.1037224508,
      "yoy_growth_pct": 31.128610318035555,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 276372.5371183797,
      "yoy_growth_pct": 3.7772956926718892,
      "cagr_3y_pct": 112.89394805292842
    },
    {
      "year": 2000,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 737418.5863789963,
      "yoy_growth_pct": 166.8205003535264,
      "cagr_3y_pct": 53.699693247362525
    },
    {
      "year": 2001,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 326403.39316737023,
      "yoy_growth_pct": -55.73702654144722,
      "cagr_3y_pct": 7.017313113144108
    },
    {
      "year": 2002,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 903038.0933370369,
      "yoy_growth_pct": 176.66320640054897,
      "cagr_3y_pct": 48.38969030980414
    },
    {
      "year": 2003,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 2001244.3164684346,
      "yoy_growth_pct": 121.61239168473475,
      "cagr_3y_pct": 39.4853759458571
    },
    {
      "year": 2004,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 143107.69163150355,
      "yoy_growth_pct": -92.84906443187089,
      "cagr_3y_pct": -24.031053498744825
    },
    {
      "year": 2005,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 146156.84684697242,
      "yoy_growth_pct": 2.130671790388683,
      "cagr_3y_pct": -45.5031962648241
    },
    {
      "year": 2006,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 738894.2416078784,
      "yoy_growth_pct": 405.54883848959025,
      "cagr_3y_pct": -28.260107181762674
    },
    {
      "year": 2007,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 1261943.352560636,
      "yoy_growth_pct": 70.78808867349828,
      "cagr_3y_pct": 106.5977692693441
    },
    {
      "year": 2008,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 1819219.1400288404,
      "yoy_growth_pct": 44.16012702451535,
      "cagr_3y_pct": 131.75117807714904
    },
    {
      "year": 2009,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 8596904.14490995,
      "yoy_growth_pct": 372.5601196551649,
      "cagr_3y_pct": 126.59653651313816
    },
    {
      "year": 2010,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 5721451.671774513,
      "yoy_growth_pct": -33.4475344224692,
      "cagr_3y_pct": 65.50919429905248
    },
    {
      "year": 2011,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 5802253.915099891,
      "yoy_growth_pct": 1.412268213747181,
      "cagr_3y_pct": 47.19867629098407
    },
    {
      "year": 2012,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 3311063.6931435233,
      "yoy_growth_pct": -42.93487080034966,
      "cagr_3y_pct": -27.24293854911819
    },
    {
      "year": 2013,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 4210134.024438413,
      "yoy_growth_pct": 27.153519672746373,
      "cagr_3y_pct": -9.718958098906871
    },
    {
      "year": 2014,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 1791888.50405388,
      "yoy_growth_pct": -57.438682625005065,
      "cagr_3y_pct": -32.40652861443929
    },
    {
      "year": 2015,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 2579981.373760942,
      "yoy_growth_pct": 43.98113319685457,
      "cagr_3y_pct": -7.979834118237806
    },
    {
      "year": 2016,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 4235363.2782796705,
      "yoy_growth_pct": 64.16255254221514,
      "cagr_3y_pct": 0.1993525250980177
    },
    {
      "year": 2017,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 3711114.848167383,
      "yoy_growth_pct": -12.377885807359313,
      "cagr_3y_pct": 27.467011514470062
    },
    {
      "year": 2018,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 4109235.4735713946,
      "yoy_growth_pct": 10.727790480550903,
      "cagr_3y_pct": 16.78349975461948
    },
    {
      "year": 2019,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 5360539.852397413,
      "yoy_growth_pct": 30.45102639831181,
      "cagr_3y_pct": 8.169781906392437
    },
    {
      "year": 2020,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 3731208.078238469,
      "yoy_growth_pct": -30.39491952345531,
      "cagr_3y_pct": 0.18015318607000896
    },
    {
      "year": 2021,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 7046498.370964576,
      "yoy_growth_pct": 88.85299943634554,
      "cagr_3y_pct": 19.693557667840047
    },
    {
      "year": 2022,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 5842656.757141089,
      "yoy_growth_pct": -17.084253063677302,
      "cagr_3y_pct": 2.912299283441677
    },
    {
      "year": 2023,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 11926770.793257978,
      "yoy_growth_pct": 104.13266240021173,
      "cagr_3y_pct": 47.3073673799707
    },
    {
      "year": 2024,
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "export_value_usd": 5244161.674730143,
      "yoy_growth_pct": -56.03033071034964,
      "cagr_3y_pct": -9.377875611847186
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "021020",
      "hs_description": "Meat: salted, in brine, dried or smoked, of bovine animals",
      "buyer_imports_latest_usd": 11347262.737250788,
      "current_below_peak_pct": 63.8884711189167,
      "lane_volatility_cv": 0.9269149684958021,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "870880",
      "hs_description": "Vehicles: parts, suspension shock-absorbers",
      "buyer_imports_latest_usd": 47976619.11141916,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.7130665820331793,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "870324",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc",
      "buyer_imports_latest_usd": 275140114.1059425,
      "current_below_peak_pct": 57.455232702851774,
      "lane_volatility_cv": 0.6960880131867561,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "300610",
      "hs_description": "Pharmaceutical goods: sterile surgical catgut, suture materials, tissue adhesives, laminaria, laminaria tents, absorbable surgical or dental haemostatics, and surgical or dental adhesion barriers",
      "buyer_imports_latest_usd": 13001729.521219857,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4129995258246115,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "851220",
      "hs_description": "Lighting or visual signalling equipment: electrical, of a kind used on motor vehicles (excluding articles of heading no. 8539)",
      "buyer_imports_latest_usd": 35931929.610296994,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8167808837003054,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "200989",
      "hs_description": "Juice: of any single fruit or vegetable n.e.c. in heading no. 2009, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter",
      "buyer_imports_latest_usd": 16000278.480093334,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.6036906140701593,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "HKG",
      "hs_code": "846729",
      "hs_description": "Tools: for working in the hand, with self-contained electric motor: other than saws and drills",
      "buyer_imports_latest_usd": 28659905.46263155,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "GEO",
    "importer_iso3": "HKG",
    "distance_km": 6713,
    "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": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "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": 18700.241392000004,
    "exporter_gdp_per_capita_usd": 5042.385527731414,
    "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/GEO-HKG/risk",
    "html": "https://www.yugalinks.com/trade/corridor/GEO-HKG/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/GEO-HKG/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/GEO-HKG/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/GEO-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"
  }
}