{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:13.475Z",
  "seo": {
    "title": "Hong Kong exports to Georgia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Hong Kong to Georgia, 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": "GEO",
    "country_name": "Georgia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "HKG",
    "importer_iso3": "GEO",
    "all_history_lane_count": 87,
    "current_lane_count": 64,
    "current_product_count": 64,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 94581491.85752174,
    "attention_trade_usd": 63796761.415032476,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 73758716.80034392,
    "unrecovered_drawdown_trade_usd": 11964731.055501638,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 68388758.10201153,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 3,
    "high_volatility_lane_count": 35,
    "unrecovered_drawdown_lane_count": 19,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 28,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.8674629638265872,
    "trade_weighted_below_peak_pct": 11.813503680290642,
    "product_concentration_hhi": 3485.793911430843,
    "top1_product_share_pct": 56.959592152080454,
    "top3_product_share_pct": 75.63026757322713,
    "top_product_hs6": "847150",
    "top_product_trade_usd": 53873232.01339757,
    "top_product_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",
    "top_attention_product_hs6": "847150",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "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": 5.974359986716475,
    "avg_mfn_tariff_pct": 6.017998588628352,
    "avg_preferential_tariff_pct": 0.08741397624999998,
    "tariff_advantage_pp": 5.930584612378352,
    "buyer_biz_entry_days": 1,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 18700.241392,
    "buyer_gdp_pc_latest": 5042,
    "buyer_population_latest": 3708.61,
    "buyer_gdp_5y_cagr_pct": 14.15286816538599,
    "buyer_gdp_pc_5y_cagr_pct": 14.279736518094621,
    "buyer_population_5y_cagr_pct": -0.1110156153436237,
    "buyer_investment_5y_avg_pct": 27.944000000000006,
    "buyer_savings_5y_avg_pct": 10.866,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 67.45163367811578,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 18700.241392,
    "buyer_gdp_pc_2024": 5042,
    "buyer_population_2024": 3708.61
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 71525.89454102128,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 527430.8946708626,
      "yoy_growth_pct": 637.3985296588949,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 802871.4629554972,
      "yoy_growth_pct": 52.22306297709773,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 4706111.27322336,
      "yoy_growth_pct": 486.1599882874673,
      "cagr_3y_pct": 303.7070167459138
    },
    {
      "year": 1999,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 2312178.45798898,
      "yoy_growth_pct": -50.86859779230638,
      "cagr_3y_pct": 63.66353540986063
    },
    {
      "year": 2000,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1489291.0528517345,
      "yoy_growth_pct": -35.589268738925675,
      "cagr_3y_pct": 22.869621253192385
    },
    {
      "year": 2001,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1245462.7315180681,
      "yoy_growth_pct": -16.372106773002994,
      "cagr_3y_pct": -35.79687287777787
    },
    {
      "year": 2002,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1667906.693246885,
      "yoy_growth_pct": 33.91863530223092,
      "cagr_3y_pct": -10.315622038354345
    },
    {
      "year": 2003,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1425136.7241490036,
      "yoy_growth_pct": -14.555368719414707,
      "cagr_3y_pct": -1.4570293278401314
    },
    {
      "year": 2004,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1433206.6868238598,
      "yoy_growth_pct": 0.5662588394580226,
      "cagr_3y_pct": 4.791493437050209
    },
    {
      "year": 2005,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 1607427.4511670663,
      "yoy_growth_pct": 12.156011128394773,
      "cagr_3y_pct": -1.2235963760472535
    },
    {
      "year": 2006,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 2955766.7471891404,
      "yoy_growth_pct": 83.8818134556006,
      "cagr_3y_pct": 27.5277045092712
    },
    {
      "year": 2007,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 8330916.6074289605,
      "yoy_growth_pct": 181.8529782619502,
      "cagr_3y_pct": 79.80205613175826
    },
    {
      "year": 2008,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 18841519.40822243,
      "yoy_growth_pct": 126.16382201474457,
      "cagr_3y_pct": 127.15807537107979
    },
    {
      "year": 2009,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 24399132.972672965,
      "yoy_growth_pct": 29.49663158282869,
      "cagr_3y_pct": 102.10082125401945
    },
    {
      "year": 2010,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 19507276.353324637,
      "yoy_growth_pct": -20.04930513238814,
      "cagr_3y_pct": 32.79078851903083
    },
    {
      "year": 2011,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 28832089.900649216,
      "yoy_growth_pct": 47.801719616974346,
      "cagr_3y_pct": 15.235617618717857
    },
    {
      "year": 2012,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 34694573.62325575,
      "yoy_growth_pct": 20.33319035424668,
      "cagr_3y_pct": 12.450757914740706
    },
    {
      "year": 2013,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 45685915.06406276,
      "yoy_growth_pct": 31.680289719541378,
      "cagr_3y_pct": 32.79913019175456
    },
    {
      "year": 2014,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 58398360.376519896,
      "yoy_growth_pct": 27.825742998977244,
      "cagr_3y_pct": 26.52456226021269
    },
    {
      "year": 2015,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 50460159.04580402,
      "yoy_growth_pct": -13.593192136790844,
      "cagr_3y_pct": 13.299767886221447
    },
    {
      "year": 2016,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 56856468.93836007,
      "yoy_growth_pct": 12.675960626184235,
      "cagr_3y_pct": 7.563729563178745
    },
    {
      "year": 2017,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 71689442.0462444,
      "yoy_growth_pct": 26.088452879416813,
      "cagr_3y_pct": 7.074202605866353
    },
    {
      "year": 2018,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 81587124.57739428,
      "yoy_growth_pct": 13.806332213835937,
      "cagr_3y_pct": 17.37015301069118
    },
    {
      "year": 2019,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 52962823.16973666,
      "yoy_growth_pct": -35.08433659836161,
      "cagr_3y_pct": -2.336920518705088
    },
    {
      "year": 2020,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 47784233.88760197,
      "yoy_growth_pct": -9.77778179523816,
      "cagr_3y_pct": -12.647271336735177
    },
    {
      "year": 2021,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 102690369.06262912,
      "yoy_growth_pct": 114.90429103494115,
      "cagr_3y_pct": 7.969899169070049
    },
    {
      "year": 2022,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 96703458.87433603,
      "yoy_growth_pct": -5.830060056208164,
      "cagr_3y_pct": 22.224131623816092
    },
    {
      "year": 2023,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 74664702.91607569,
      "yoy_growth_pct": -22.790038965306515,
      "cagr_3y_pct": 16.04067275205525
    },
    {
      "year": 2024,
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "export_value_usd": 142048234.39324534,
      "yoy_growth_pct": 90.2481746333469,
      "cagr_3y_pct": 11.421424988558005
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "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": 65924740.191122994,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.470064564717463,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "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": 68137877.04921125,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2341946032876219,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "buyer_imports_latest_usd": 179270391.98524618,
      "current_below_peak_pct": 71.45132408923722,
      "lane_volatility_cv": 0.9099864341115597,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "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": 44994817.65840208,
      "current_below_peak_pct": 8.988470857311933,
      "lane_volatility_cv": 0.8850439030443493,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "850440",
      "hs_description": "Electrical static converters",
      "buyer_imports_latest_usd": 18886616.34085814,
      "current_below_peak_pct": 15.924567169669587,
      "lane_volatility_cv": 1.2121612370031811,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "392690",
      "hs_description": "Plastics: other articles n.e.s. in chapter 39",
      "buyer_imports_latest_usd": 29335201.421474908,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.6796636028561802,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "852872",
      "hs_description": "Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen",
      "buyer_imports_latest_usd": 114765298.5611259,
      "current_below_peak_pct": 56.30159429353729,
      "lane_volatility_cv": 1.2897028721875543,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "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": 14280918.546030024,
      "current_below_peak_pct": 41.79261536866164,
      "lane_volatility_cv": 0.9967196655296391,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "950300",
      "hs_description": "Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds",
      "buyer_imports_latest_usd": 21413002.480024166,
      "current_below_peak_pct": 64.29888746092028,
      "lane_volatility_cv": 1.134042584149415,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "GEO",
      "hs_code": "853710",
      "hs_description": "Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 23098855.01735961,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.429223009024347,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "HKG",
    "importer_iso3": "GEO",
    "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": 18700.241392000004,
    "importer_gdp_per_capita_usd": 5042.385527731414,
    "importer_population": 3708.61,
    "importer_biz_entry_days": 1,
    "importer_biz_entry_cost_pct": 2.1,
    "exporter_gdp_million_usd": 368139.247671,
    "exporter_gdp_per_capita_usd": 49660.63423817296,
    "avg_applied_tariff_pct": 5.974359986716475,
    "avg_mfn_tariff_pct": 6.017998588628352,
    "avg_preferential_tariff_pct": 0.08741397624999998,
    "tariff_advantage_pp": 5.930584612378352
  },
  "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-GEO/risk",
    "html": "https://www.yugalinks.com/trade/corridor/HKG-GEO/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/HKG-GEO/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/HKG-GEO/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/HKG-GEO/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"
  }
}