Trade route overview

Hong Kong exports to the Philippines
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

HKG-PHL2024 reported exports679 product typesWatch review level
Latest reported exports$2.6B2024 route total
Highest-priority products5Need the closest review
Products needing review138High-attention product types
Exports needing review36%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Hong Kong reported $2.6B in goods exports to the Philippines. 138 product types are marked for closer review, covering 36% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Hong Kong to the Philippines in the latest available year.

$2.6B in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

36% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

679 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Hong Kong to the Philippines. Bar lengths are relative to the highest year shown.

Latest annual total$2.7B2024 annual history
Highest year$4.0B2019 annual history
Latest below highest31.6%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$632.3M
Still below the previous high
$857.4M
Buyer demand is falling
$2.7M
Product mix is concentrated
$963.9M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.9Higher means bigger yearly swings
Below highest year36.3%Compared with the route's best year
Product concentration (HHI)817.50-10,000 scale; higher means fewer products dominate
Largest product share24.7%Share from the biggest product

Largest product

Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units

Product code HS6 847330 makes up 24.7% of exports from Hong Kong to the Philippines. The main reason to review it is: A small number of products or suppliers carry much of the route.

See product rows
Exports of this product$638.5M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Hong Kong exports to the Philippines
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing unitsHS6 847330 - six-digit product code$1.6B25.9%0.5Stable
2Electronic integrated circuits: n.e.c. in heading no. 8542HS6 854239 - six-digit product code$6.7B12.9%0.8Stable
3Telephones for cellular networks or for other wireless networksHS6 851712 - six-digit product code$2.2B67.6%0.9Watch
4Circuits: printedHS6 853400 - six-digit product code$987.2M20.1%0.5Stable
5Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectorsHS6 852990 - six-digit product code$571.4M23.5%0.7High attention
6Communication 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 apparatusHS6 851762 - six-digit product code$736.1M53.4%1Watch
7Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a displayHS6 847130 - six-digit product code$709.7M0%1High attention
8Printing machinery: parts and accessories, n.e.c. in item no. 8443.91HS6 844399 - six-digit product code$411.9M84.5%1.3High attention
9Television cameras, digital cameras and video camera recordersHS6 852580 - six-digit product code$243.2M67.5%1.1Critical attention
10Parts of electronic integrated circuitsHS6 854290 - six-digit product code$1.1B74.9%0.6High attention

Buyer-market imports are total imports of that product into the buyer market, not only exports from Hong Kong. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets1,114 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff19.4%Average tax applied to imports
Buyer economy size$394.1B2024 gross domestic product
Buyer GDP per person$3.5KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageYesReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time33 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Hong Kong export to the Philippines?

Hong Kong reported $2.6B in goods exports to the Philippines in 2024.

What does "exports needing review" mean?

36% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.