# Hong Kong exports to Japan: Trade Route Risk | Yugalinks

Understand reported exports from Hong Kong to Japan, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/HKG-JPN/risk

## Route overview

In 2024, Hong Kong reported $2.7B in goods exports to Japan. The overall review level is Critical attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $2.7B | 2024 route total |
| Exports needing review | 78.4% | Share of route exports |
| Highest-priority products | 23 | Need the closest review |
| Products needing review | 173 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 41.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 853400 | Circuits: printed | $1.5B | 11.6% | Watch |
| 2 | 851712 | Telephones for cellular networks or for other wireless networks | $16.1B | 49.1% | High attention |
| 3 | 841112 | Turbo-jets: of a thrust exceeding 25kN | $2.6B | 0% | High attention |
| 4 | 711299 | Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compounds | $2.4B | 0% | High attention |
| 5 | 711319 | Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $3.1B | 48.9% | Watch |
| 6 | 030192 | Fish: live, eels (Anguilla spp.) | $291.4M | 55% | Critical attention |
| 7 | 710122 | Pearls: cultured, worked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport | $137.1M | 0% | High attention |
| 8 | 851762 | 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 | $5.9B | 70.9% | High attention |
| 9 | 950300 | 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 | $2.6B | 66.1% | Critical attention |
| 10 | 710239 | Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set | $575.5M | 52.9% | Critical attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.