{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:13.450Z", "seo": { "title": "Hong Kong exports to Cyprus: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Hong Kong to Cyprus, 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": "HKG", "country_name": "Hong Kong" }, "importer": { "iso3": "CYP", "country_name": "Cyprus" }, "latestYear": 2024, "risk": { "exporter_iso3": "HKG", "importer_iso3": "CYP", "all_history_lane_count": 56, "current_lane_count": 44, "current_product_count": 44, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 50407345.133008234, "attention_trade_usd": 42425978.82318853, "critical_trade_usd": 12249888.834214976, "high_volatility_trade_usd": 34434311.28763833, "unrecovered_drawdown_trade_usd": 18252719.66122165, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 30054211.842854086, "access_friction_trade_usd": 50407345.133008234, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 1, "high_attention_lane_count": 2, "high_volatility_lane_count": 24, "unrecovered_drawdown_lane_count": 28, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 13, "access_friction_lane_count": 44, "trade_weighted_volatility_cv": 1.2914678015653964, "trade_weighted_below_peak_pct": 30.39010531534772, "product_concentration_hhi": 3774.6682213294434, "top1_product_share_pct": 56.127790009027336, "top3_product_share_pct": 84.1662632920668, "top_product_hs6": "851712", "top_product_trade_usd": 28292528.82538052, "top_product_description": "Telephones for cellular networks or for other wireless networks", "top_attention_product_hs6": "851712", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 7810.55615234375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.2736000120639801, "has_reported_fta": 0, "avg_applied_tariff_pct": 9.525439990909087, "avg_mfn_tariff_pct": 9.525439990909087, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 27719.33767, "buyer_gdp_pc_latest": 22803, "buyer_population_latest": 1215.588, "buyer_gdp_5y_cagr_pct": 7.5147622240935075, "buyer_gdp_pc_5y_cagr_pct": 5.7613807542020945, "buyer_population_5y_cagr_pct": 1.0891364389583824, "buyer_investment_5y_avg_pct": 20.394000000000002, "buyer_savings_5y_avg_pct": 16.052000000000003, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 84.1662632920668, "critical_trade_share_pct": 24.30179332375389, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "Critical attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 27719.33767, "buyer_gdp_pc_2024": 22803, "buyer_population_2024": 1215.588 }, "history": [ { "year": 1995, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 30067216.80655591, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 29328025.815407243, "yoy_growth_pct": -2.4584616391480907, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 26141136.443143945, "yoy_growth_pct": -10.866361726226692, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 29018149.36915475, "yoy_growth_pct": 11.005691861439182, "cagr_3y_pct": -1.176819371492599 }, { "year": 1999, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31905904.65953056, "yoy_growth_pct": 9.951548782933028, "cagr_3y_pct": 2.8480537551790253 }, { "year": 2000, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 29493076.885569435, "yoy_growth_pct": -7.562323650460712, "cagr_3y_pct": 4.103470146490551 }, { "year": 2001, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 27424669.049126126, "yoy_growth_pct": -7.01319785815685, "cagr_3y_pct": -1.8650073011034385 }, { "year": 2002, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 39203479.678830795, "yoy_growth_pct": 42.94969105590718, "cagr_3y_pct": 7.106999001988368 }, { "year": 2003, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31182853.79404984, "yoy_growth_pct": -20.458964230953093, "cagr_3y_pct": 1.8744456382622676 }, { "year": 2004, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31408631.640867576, "yoy_growth_pct": 0.7240448494833407, "cagr_3y_pct": 4.625096990724131 }, { "year": 2005, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 27563982.438935213, "yoy_growth_pct": -12.240740844404918, "cagr_3y_pct": -11.078704221772128 }, { "year": 2006, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 26842275.591983408, "yoy_growth_pct": -2.6182967158343784, "cagr_3y_pct": -4.873578959370672 }, { "year": 2007, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31084714.654764365, "yoy_growth_pct": 15.805064843488847, "cagr_3y_pct": -0.3449549916510253 }, { "year": 2008, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 34845427.24896871, "yoy_growth_pct": 12.098269635001913, "cagr_3y_pct": 8.127113577663515 }, { "year": 2009, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 23608800.340134453, "yoy_growth_pct": -32.247063089653516, "cagr_3y_pct": -4.188377183557002 }, { "year": 2010, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 18802142.871335402, "yoy_growth_pct": -20.359600655471834, "cagr_3y_pct": -15.42925537827231 }, { "year": 2011, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 18975402.083172478, "yoy_growth_pct": 0.9214865189712818, "cagr_3y_pct": -18.33893032125199 }, { "year": 2012, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 15886676.02107791, "yoy_growth_pct": -16.277526286695508, "cagr_3y_pct": -12.369953956463364 }, { "year": 2013, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 16385248.216215765, "yoy_growth_pct": 3.138304038405293, "cagr_3y_pct": -4.482732017598368 }, { "year": 2014, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 19438109.3463323, "yoy_growth_pct": 18.631766146180517, "cagr_3y_pct": 0.8063007444857773 }, { "year": 2015, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 19521755.750607748, "yoy_growth_pct": 0.4303217086862876, "cagr_3y_pct": 7.1096528924344815 }, { "year": 2016, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 18697793.469664067, "yoy_growth_pct": -4.220738602971352, "cagr_3y_pct": 4.499074599001807 }, { "year": 2017, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 84474394.5369624, "yoy_growth_pct": 351.78803944976994, "cagr_3y_pct": 63.18880253201971 }, { "year": 2018, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 166378084.58549404, "yoy_growth_pct": 96.95682401451728, "cagr_3y_pct": 104.26427417402087 }, { "year": 2019, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31281794.46086408, "yoy_growth_pct": -81.19836843969085, "cagr_3y_pct": 18.71358853291254 }, { "year": 2020, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 16115949.104983343, "yoy_growth_pct": -48.48137908090398, "cagr_3y_pct": -42.43255785558384 }, { "year": 2021, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 43257397.22144312, "yoy_growth_pct": 168.41358792866345, "cagr_3y_pct": -36.17540199293601 }, { "year": 2022, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 29617184.684105165, "yoy_growth_pct": -31.53267051068982, "cagr_3y_pct": -1.8062064793102905 }, { "year": 2023, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 31016199.22114749, "yoy_growth_pct": 4.723658078794846, "cagr_3y_pct": 24.387736062012632 }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "CYP", "export_value_usd": 62974983.35537862, "yoy_growth_pct": 103.03900844317822, "cagr_3y_pct": 13.336350922478868 } ], "riskLanes": [ { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "851712", "hs_description": "Telephones for cellular networks or for other wireless networks", "buyer_imports_latest_usd": 205619342.28832766, "current_below_peak_pct": 0, "lane_volatility_cv": 1.536513891058164, "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" ] }, { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "890190", "hs_description": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods", "buyer_imports_latest_usd": 258633922.8396837, "current_below_peak_pct": 82.97269236482526, "lane_volatility_cv": 0.7090028305486394, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta", "limited_history" ] }, { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "847130", "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display", "buyer_imports_latest_usd": 68354838.96178846, "current_below_peak_pct": 72.1602480989448, "lane_volatility_cv": 1.6499408894116872, "attention_level": "High attention", "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": "HKG", "importer_iso3": "CYP", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "buyer_imports_latest_usd": 60519931.51166472, "current_below_peak_pct": 27.453085647781744, "lane_volatility_cv": 0.8342642573043108, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "970110", "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906", "buyer_imports_latest_usd": 10662407.375742983, "current_below_peak_pct": 0, "lane_volatility_cv": 2.0704098782057847, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "847330", "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units", "buyer_imports_latest_usd": 18359902.227348812, "current_below_peak_pct": 93.64942820833087, "lane_volatility_cv": 1.75448405452987, "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": "HKG", "importer_iso3": "CYP", "hs_code": "841510", "hs_description": "Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system", "buyer_imports_latest_usd": 66949855.19295473, "current_below_peak_pct": 64.99402241184337, "lane_volatility_cv": 1.4687307959319797, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "CYP", "hs_code": "711319", "hs_description": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof", "buyer_imports_latest_usd": 32286649.93437295, "current_below_peak_pct": 84.05979117241327, "lane_volatility_cv": 0.8359904513985563, "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": "HKG", "importer_iso3": "CYP", "hs_code": "847150", "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units", "buyer_imports_latest_usd": 22952707.787936326, "current_below_peak_pct": 72.9918027254706, "lane_volatility_cv": 1.6812249808735586, "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": "HKG", "importer_iso3": "CYP", "hs_code": "852580", "hs_description": "Television cameras, digital cameras and video camera recorders", "buyer_imports_latest_usd": 16043025.69919598, "current_below_peak_pct": 65.39289116284644, "lane_volatility_cv": 1.0712130750227769, "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" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "CYP", "distance_km": 7817, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 27719.33767, "importer_gdp_per_capita_usd": 22803.234048049177, "importer_population": 1215.588, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 5.6, "exporter_gdp_million_usd": 368139.247671, "exporter_gdp_per_capita_usd": 49660.63423817296, "avg_applied_tariff_pct": 9.525439990909087, "avg_mfn_tariff_pct": 9.525439990909087, "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/HKG-CYP/risk", "html": "https://www.yugalinks.com/trade/corridor/HKG-CYP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/HKG-CYP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/HKG-CYP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/HKG-CYP/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" } }