# Hong Kong exports to the Philippines: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Hong Kong reported $2.6B in goods exports to the Philippines. The overall review level is Watch.

## 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 | $2.6B | 2024 route total |
| Exports needing review | 36% | Share of route exports |
| Highest-priority products | 5 | Need the closest review |
| Products needing review | 138 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 36.3% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 847330 | Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units | $1.6B | 25.9% | Stable |
| 2 | 854239 | Electronic integrated circuits: n.e.c. in heading no. 8542 | $6.7B | 12.9% | Stable |
| 3 | 851712 | Telephones for cellular networks or for other wireless networks | $2.2B | 67.6% | Watch |
| 4 | 853400 | Circuits: printed | $987.2M | 20.1% | Stable |
| 5 | 852990 | Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors | $571.4M | 23.5% | High attention |
| 6 | 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 | $736.1M | 53.4% | Watch |
| 7 | 847130 | 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 | $709.7M | 0% | High attention |
| 8 | 844399 | Printing machinery: parts and accessories, n.e.c. in item no. 8443.91 | $411.9M | 84.5% | High attention |
| 9 | 852580 | Television cameras, digital cameras and video camera recorders | $243.2M | 67.5% | Critical attention |
| 10 | 854290 | Parts of electronic integrated circuits | $1.1B | 74.9% | High 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.