{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:13.499Z",
  "seo": {
    "title": "Hong Kong exports to Kuwait: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Hong Kong to Kuwait, 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": "KWT",
    "country_name": "Kuwait"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "HKG",
    "importer_iso3": "KWT",
    "all_history_lane_count": 93,
    "current_lane_count": 60,
    "current_product_count": 60,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 29170351.21269619,
    "attention_trade_usd": 21051454.99798376,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 7444736.778139174,
    "unrecovered_drawdown_trade_usd": 6895127.658090039,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 24996963.423500367,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 3,
    "high_volatility_lane_count": 32,
    "unrecovered_drawdown_lane_count": 42,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 29,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.8450284914162951,
    "trade_weighted_below_peak_pct": 22.901108020896185,
    "product_concentration_hhi": 3964.047631533877,
    "top1_product_share_pct": 62.334768916439245,
    "top3_product_share_pct": 72.16730043627744,
    "top_product_hs6": "711319",
    "top_product_trade_usd": 18183271.020547904,
    "top_product_description": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof",
    "top_attention_product_hs6": "711319",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 6590.39892578125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 4.070672613737371,
    "avg_mfn_tariff_pct": 4.070672613737371,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 19.4,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 105960.22568799999,
    "buyer_gdp_pc_latest": 24812,
    "buyer_population_latest": 4328.553,
    "buyer_gdp_5y_cagr_pct": 2.6105403309166553,
    "buyer_gdp_pc_5y_cagr_pct": 0.6290050431921435,
    "buyer_population_5y_cagr_pct": 1.9691492396988197,
    "buyer_investment_5y_avg_pct": 19.944,
    "buyer_savings_5y_avg_pct": 59.312,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 72.16730043627744,
    "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": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 105960.22568799999,
    "buyer_gdp_pc_2024": 24812,
    "buyer_population_2024": 4328.553
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 32515213.385518823,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 32237820.373094264,
      "yoy_growth_pct": -0.8531176133941609,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 33762989.82055923,
      "yoy_growth_pct": 4.7309943098320595,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 36025528.633901946,
      "yoy_growth_pct": 6.701239509200652,
      "cagr_3y_pct": 3.4763857790257813
    },
    {
      "year": 1999,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 30739961.535945535,
      "yoy_growth_pct": -14.671726684899799,
      "cagr_3y_pct": -1.5733849881873763
    },
    {
      "year": 2000,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 34215701.857667394,
      "yoy_growth_pct": 11.306911746319305,
      "cagr_3y_pct": 0.44496807292708773
    },
    {
      "year": 2001,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 24695391.849778604,
      "yoy_growth_pct": -27.824389069942125,
      "cagr_3y_pct": -11.827087513195455
    },
    {
      "year": 2002,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 28063556.227920976,
      "yoy_growth_pct": 13.638837555730344,
      "cagr_3y_pct": -2.9907542041875623
    },
    {
      "year": 2003,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 30956312.72155553,
      "yoy_growth_pct": 10.307875702354853,
      "cagr_3y_pct": -3.2818626422165154
    },
    {
      "year": 2004,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 31950834.341206107,
      "yoy_growth_pct": 3.212661755280921,
      "cagr_3y_pct": 8.965435923600484
    },
    {
      "year": 2005,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 36962124.275478296,
      "yoy_growth_pct": 15.68437894533874,
      "cagr_3y_pct": 9.615357910989154
    },
    {
      "year": 2006,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 32532838.195615124,
      "yoy_growth_pct": -11.983310393233227,
      "cagr_3y_pct": 1.6695518685460042
    },
    {
      "year": 2007,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 36048262.01593955,
      "yoy_growth_pct": 10.805770462406938,
      "cagr_3y_pct": 4.103990189420181
    },
    {
      "year": 2008,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 52429270.08055801,
      "yoy_growth_pct": 45.441880269776206,
      "cagr_3y_pct": 12.358421572042143
    },
    {
      "year": 2009,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 70731794.09550975,
      "yoy_growth_pct": 34.908981160389544,
      "cagr_3y_pct": 29.54805796673403
    },
    {
      "year": 2010,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 46841081.68791822,
      "yoy_growth_pct": -33.77648299904805,
      "cagr_3y_pct": 9.122471785170138
    },
    {
      "year": 2011,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 44622191.88985066,
      "yoy_growth_pct": -4.737059261037269,
      "cagr_3y_pct": -5.2325861084310255
    },
    {
      "year": 2012,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 48880673.96770427,
      "yoy_growth_pct": 9.543417518273456,
      "cagr_3y_pct": -11.58875551580345
    },
    {
      "year": 2013,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 55399899.53345372,
      "yoy_growth_pct": 13.3370206189398,
      "cagr_3y_pct": 5.7533224615016865
    },
    {
      "year": 2014,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 57115600.63270494,
      "yoy_growth_pct": 3.096939008373445,
      "cagr_3y_pct": 8.576194575846085
    },
    {
      "year": 2015,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 49678544.088966236,
      "yoy_growth_pct": -13.021059852919025,
      "cagr_3y_pct": 0.5411599571433667
    },
    {
      "year": 2016,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 34878864.52197357,
      "yoy_growth_pct": -29.790888276614613,
      "cagr_3y_pct": -14.292705318479126
    },
    {
      "year": 2017,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 34755422.004491925,
      "yoy_growth_pct": -0.35391782150442364,
      "cagr_3y_pct": -15.259841372637917
    },
    {
      "year": 2018,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 29555165.93372935,
      "yoy_growth_pct": -14.962431099500028,
      "cagr_3y_pct": -15.895058299319953
    },
    {
      "year": 2019,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 30448414.696320597,
      "yoy_growth_pct": 3.0223100915560686,
      "cagr_3y_pct": -4.427242646451712
    },
    {
      "year": 2020,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 44655059.81906036,
      "yoy_growth_pct": 46.65807814439844,
      "cagr_3y_pct": 8.71330604052638
    },
    {
      "year": 2021,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 66958236.68081336,
      "yoy_growth_pct": 49.94546407982463,
      "cagr_3y_pct": 31.337940557948297
    },
    {
      "year": 2022,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 65824594.656466916,
      "yoy_growth_pct": -1.6930583607666638,
      "cagr_3y_pct": 29.302772127560427
    },
    {
      "year": 2023,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 48101198.097483054,
      "yoy_growth_pct": -26.92518905962247,
      "cagr_3y_pct": 2.508939236583463
    },
    {
      "year": 2024,
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "export_value_usd": 43043080.011898614,
      "yoy_growth_pct": -10.515576088839895,
      "cagr_3y_pct": -13.695565599682736
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "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": 1336360469.983789,
      "current_below_peak_pct": 3.5243451485545627,
      "lane_volatility_cv": 0.5092223439542818,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "851712",
      "hs_description": "Telephones for cellular networks or for other wireless networks",
      "buyer_imports_latest_usd": 1260339151.2306283,
      "current_below_peak_pct": 90.25956710405589,
      "lane_volatility_cv": 2.17172151785313,
      "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": "KWT",
      "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": 232864372.6349555,
      "current_below_peak_pct": 93.27690678325823,
      "lane_volatility_cv": 1.1208241597353104,
      "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"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "910212",
      "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with opto-electronic display only",
      "buyer_imports_latest_usd": 12305206.717782974,
      "current_below_peak_pct": 63.82242118246981,
      "lane_volatility_cv": 1.4664193288009177,
      "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"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "640411",
      "hs_description": "Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials",
      "buyer_imports_latest_usd": 65840665.92318679,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.38239465522566,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "640399",
      "hs_description": "Footwear: n.e.c. in heading no. 6403, (not covering the ankle), outer soles of rubber, plastics or composition leather, uppers of leather",
      "buyer_imports_latest_usd": 58279578.476109006,
      "current_below_peak_pct": 8.056107248042704,
      "lane_volatility_cv": 1.5010296091603823,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "420222",
      "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of plastic sheeting or of textile materials",
      "buyer_imports_latest_usd": 46995981.5924636,
      "current_below_peak_pct": 45.405045962031956,
      "lane_volatility_cv": 0.8972754757083311,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 213167946.29049036,
      "current_below_peak_pct": 32.8345929411665,
      "lane_volatility_cv": 0.6264502355144635,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "910211",
      "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only",
      "buyer_imports_latest_usd": 51000417.4761338,
      "current_below_peak_pct": 79.64073783158831,
      "lane_volatility_cv": 0.3684654515763235,
      "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"
      ]
    },
    {
      "exporter_iso3": "HKG",
      "importer_iso3": "KWT",
      "hs_code": "910121",
      "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
      "buyer_imports_latest_usd": 82329487.81948957,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5467773503357982,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "HKG",
    "importer_iso3": "KWT",
    "distance_km": 6600,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 1,
    "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": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 105960.22568799999,
    "importer_gdp_per_capita_usd": 24479.36427900964,
    "importer_population": 4328.553,
    "importer_biz_entry_days": 19.4,
    "importer_biz_entry_cost_pct": 1.7,
    "exporter_gdp_million_usd": 368139.247671,
    "exporter_gdp_per_capita_usd": 49660.63423817296,
    "avg_applied_tariff_pct": 4.070672613737371,
    "avg_mfn_tariff_pct": 4.070672613737371,
    "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-KWT/risk",
    "html": "https://www.yugalinks.com/trade/corridor/HKG-KWT/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/HKG-KWT/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/HKG-KWT/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/HKG-KWT/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"
  }
}