{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:13.456Z", "seo": { "title": "Hong Kong exports to Luxembourg: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Hong Kong to Luxembourg, 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": "LUX", "country_name": "Luxembourg" }, "latestYear": 2024, "risk": { "exporter_iso3": "HKG", "importer_iso3": "LUX", "all_history_lane_count": 52, "current_lane_count": 44, "current_product_count": 44, "first_observed_last_year": 2000, "latest_data_year": 2024, "current_trade_usd": 536040278.0596508, "attention_trade_usd": 529329062.0013528, "critical_trade_usd": 0, "high_volatility_trade_usd": 533867395.68302244, "unrecovered_drawdown_trade_usd": 8267633.539077013, "declining_demand_trade_usd": 68333.34151431419, "concentrated_market_trade_usd": 526956749.3807367, "access_friction_trade_usd": 536040278.0596508, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 6, "high_volatility_lane_count": 33, "unrecovered_drawdown_lane_count": 26, "declining_demand_lane_count": 1, "concentrated_market_lane_count": 14, "access_friction_lane_count": 44, "trade_weighted_volatility_cv": 1.9296536510067828, "trade_weighted_below_peak_pct": 7.620286017052273, "product_concentration_hhi": 5412.764211151393, "top1_product_share_pct": 71.1028481717209, "top3_product_share_pct": 97.72150007169374, "top_product_hs6": "841112", "top_product_trade_usd": 381139905.04802406, "top_product_description": "Turbo-jets: of a thrust exceeding 25kN", "top_attention_product_hs6": "841112", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 9357.5517578125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": null, "has_reported_fta": 0, "avg_applied_tariff_pct": 2.8224184462626263, "avg_mfn_tariff_pct": 4.334022337878788, "avg_preferential_tariff_pct": 2.9650018909090905, "tariff_advantage_pp": 1.3690204469696976, "buyer_biz_entry_days": 16.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 86710.80333699999, "buyer_gdp_pc_latest": 135683, "buyer_population_latest": 639.07, "buyer_gdp_5y_cagr_pct": 5.9490070751361035, "buyer_gdp_pc_5y_cagr_pct": 4.101286267407822, "buyer_population_5y_cagr_pct": 1.7749260109831688, "buyer_investment_5y_avg_pct": 22.124, "buyer_savings_5y_avg_pct": 54.153999999999996, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 98.74800153402816, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 86710.80333699999, "buyer_gdp_pc_2024": 135683, "buyer_population_2024": 639.07 }, "history": [ { "year": 1999, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 7250667.552357609, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 14385019.394326992, "yoy_growth_pct": 98.39579308321196, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 13578622.958503887, "yoy_growth_pct": -5.605807081088288, "cagr_3y_pct": null }, { "year": 2002, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 15182508.946977017, "yoy_growth_pct": 11.811845673707765, "cagr_3y_pct": 27.9347478794447 }, { "year": 2003, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 46371056.99732652, "yoy_growth_pct": 205.42420333339862, "cagr_3y_pct": 47.72211417255843 }, { "year": 2004, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 68230003.12492071, "yoy_growth_pct": 47.13920178454083, "cagr_3y_pct": 71.27996043033673 }, { "year": 2005, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 90235247.41378321, "yoy_growth_pct": 32.25156570574035, "cagr_3y_pct": 81.13855096617672 }, { "year": 2006, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 131292122.73576832, "yoy_growth_pct": 45.499820190789194, "cagr_3y_pct": 41.46984950750359 }, { "year": 2007, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 185724243.98712283, "yoy_growth_pct": 41.45878680086676, "cagr_3y_pct": 39.625391117860495 }, { "year": 2008, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 106109780.5825538, "yoy_growth_pct": -42.867027855603546, "cagr_3y_pct": 5.550363755566035 }, { "year": 2009, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 80348497.81741734, "yoy_growth_pct": -24.2779531007456, "cagr_3y_pct": -15.098956023027155 }, { "year": 2010, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 66773614.31633082, "yoy_growth_pct": -16.89500596754636, "cagr_3y_pct": -28.89304275315491 }, { "year": 2011, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 51923981.46298243, "yoy_growth_pct": -22.238773511645327, "cagr_3y_pct": -21.197948616310747 }, { "year": 2012, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 78249407.02717899, "yoy_growth_pct": 50.6999363732622, "cagr_3y_pct": -0.8785230697244462 }, { "year": 2013, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 72640579.80830494, "yoy_growth_pct": -7.167884629369647, "cagr_3y_pct": 2.846963179999751 }, { "year": 2014, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 49432218.65993668, "yoy_growth_pct": -31.949581362943448, "cagr_3y_pct": -1.6259150497675678 }, { "year": 2015, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 73049003.22358662, "yoy_growth_pct": 47.7760966508886, "cagr_3y_pct": -2.2662836996361735 }, { "year": 2016, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 53007483.663595125, "yoy_growth_pct": -27.43571941515601, "cagr_3y_pct": -9.970267023077472 }, { "year": 2017, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 26665482.638500858, "yoy_growth_pct": -49.694871751072434, "cagr_3y_pct": -18.5958682562254 }, { "year": 2018, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 33115141.95818808, "yoy_growth_pct": 24.187296390333856, "cagr_3y_pct": -23.18062390428588 }, { "year": 2019, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 56854510.61255692, "yoy_growth_pct": 71.68735282591481, "cagr_3y_pct": 2.362899514440464 }, { "year": 2020, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 41231273.12016236, "yoy_growth_pct": -27.479328067497256, "cagr_3y_pct": 15.635832690441354 }, { "year": 2021, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 66083240.37540618, "yoy_growth_pct": 60.27455708878185, "cagr_3y_pct": 25.89879393538732 }, { "year": 2022, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 189312527.38650733, "yoy_growth_pct": 186.4758542575383, "cagr_3y_pct": 49.32693208692211 }, { "year": 2023, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 183884576.17217955, "yoy_growth_pct": -2.867190718576107, "cagr_3y_pct": 64.60367203995476 }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "LUX", "export_value_usd": 542122640.7296579, "yoy_growth_pct": 194.81680955233767, "cagr_3y_pct": 101.68274249079366 } ], "riskLanes": [ { "exporter_iso3": "HKG", "importer_iso3": "LUX", "hs_code": "841112", "hs_description": "Turbo-jets: of a thrust exceeding 25kN", "buyer_imports_latest_usd": 692079674.1715891, "current_below_peak_pct": 0, "lane_volatility_cv": 1.7303785963734817, "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": "LUX", "hs_code": "970110", "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906", "buyer_imports_latest_usd": 243773296.96074602, "current_below_peak_pct": 44.45865264118655, "lane_volatility_cv": 2.3289346551448378, "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": "LUX", "hs_code": "970300", "hs_description": "Sculptures and statuary: original, in any material", "buyer_imports_latest_usd": 89080077.57374857, "current_below_peak_pct": 0, "lane_volatility_cv": 2.7179406247536284, "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": "LUX", "hs_code": "847170", "hs_description": "Data processing machines: storage units", "buyer_imports_latest_usd": 39847926.633328535, "current_below_peak_pct": 69.49134645124897, "lane_volatility_cv": 1.5433826280450549, "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": "LUX", "hs_code": "847160", "hs_description": "Units of automatic data processing machines: input or output units, whether or not containing storage units in the same housing", "buyer_imports_latest_usd": 11938880.214975165, "current_below_peak_pct": 0, "lane_volatility_cv": 1.5735106333618691, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "LUX", "hs_code": "880330", "hs_description": "Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803", "buyer_imports_latest_usd": 119008971.64961857, "current_below_peak_pct": 76.89155557204892, "lane_volatility_cv": 1.200306008564137, "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", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "LUX", "hs_code": "320611", "hs_description": "Colouring matter: pigments and preparations based on titanium dioxide, containing 80% or more by weight of titanium dioxide calculated on the dry matter", "buyer_imports_latest_usd": 36417895.70185593, "current_below_peak_pct": 69.35967130054127, "lane_volatility_cv": 0.5630259636123744, "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", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "LUX", "hs_code": "852580", "hs_description": "Television cameras, digital cameras and video camera recorders", "buyer_imports_latest_usd": 20590760.30075605, "current_below_peak_pct": 79.58623393111853, "lane_volatility_cv": 1.4679768490745955, "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": "LUX", "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": 127306376.45222136, "current_below_peak_pct": 84.25642956659703, "lane_volatility_cv": 1.3578098572503465, "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": "LUX", "hs_code": "851830", "hs_description": "Headphones and earphones, whether or not combined with a microphone, and sets consisting of a microphone and one or more loudspeakers", "buyer_imports_latest_usd": 13706874.390743783, "current_below_peak_pct": 49.07621736448596, "lane_volatility_cv": 1.1473960148003213, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "LUX", "distance_km": 9367, "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": 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": 86710.803337, "importer_gdp_per_capita_usd": 135682.79427449263, "importer_population": 639.07, "importer_biz_entry_days": 16.5, "importer_biz_entry_cost_pct": 1.6, "exporter_gdp_million_usd": 368139.247671, "exporter_gdp_per_capita_usd": 49660.63423817296, "avg_applied_tariff_pct": 2.8224184462626263, "avg_mfn_tariff_pct": 4.334022337878788, "avg_preferential_tariff_pct": 2.9650018909090905, "tariff_advantage_pp": 1.3690204469696976 }, "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-LUX/risk", "html": "https://www.yugalinks.com/trade/corridor/HKG-LUX/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/HKG-LUX/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/HKG-LUX/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/HKG-LUX/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" } }