{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:13.498Z", "seo": { "title": "Hong Kong exports to Uruguay: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Hong Kong to Uruguay, 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": "URY", "country_name": "Uruguay" }, "latestYear": 2024, "risk": { "exporter_iso3": "HKG", "importer_iso3": "URY", "all_history_lane_count": 86, "current_lane_count": 69, "current_product_count": 69, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 34313862.26542404, "attention_trade_usd": 22368608.089158792, "critical_trade_usd": 0, "high_volatility_trade_usd": 28249006.714458343, "unrecovered_drawdown_trade_usd": 9720779.965065438, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 31380713.5338021, "access_friction_trade_usd": 34313862.26542404, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 6, "high_volatility_lane_count": 46, "unrecovered_drawdown_lane_count": 43, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 45, "access_friction_lane_count": 69, "trade_weighted_volatility_cv": 1.2380193561128137, "trade_weighted_below_peak_pct": 34.465077474821705, "product_concentration_hhi": 1707.7428091632462, "top1_product_share_pct": 38.64641191440519, "top3_product_share_pct": 54.870792026007464, "top_product_hs6": "851712", "top_product_trade_usd": 13261076.554837424, "top_product_description": "Telephones for cellular networks or for other wireless networks", "top_attention_product_hs6": "851712", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 18339.625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 9.678823294949494, "avg_mfn_tariff_pct": 9.678823294949494, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 6.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 59319.547636, "buyer_gdp_pc_latest": 17021, "buyer_population_latest": 3485.152, "buyer_gdp_5y_cagr_pct": 5.406280845583722, "buyer_gdp_pc_5y_cagr_pct": 5.472294361527985, "buyer_population_5y_cagr_pct": -0.06258848955915663, "buyer_investment_5y_avg_pct": 19.342000000000002, "buyer_savings_5y_avg_pct": 18.974, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 65.18825516094192, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "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": 59319.547636, "buyer_gdp_pc_2024": 17021, "buyer_population_2024": 3485.152 }, "history": [ { "year": 1995, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 53589573.600412175, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 68842460.25635836, "yoy_growth_pct": 28.462414666103754, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 80993792.67760733, "yoy_growth_pct": 17.650927023815456, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 74713903.2315575, "yoy_growth_pct": -7.7535441154690465, "cagr_3y_pct": 11.71385570614687 }, { "year": 1999, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 58752808.05235702, "yoy_growth_pct": -21.362951858816647, "cagr_3y_pct": -5.145614418041456 }, { "year": 2000, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 77748481.89652842, "yoy_growth_pct": 32.33151652469714, "cagr_3y_pct": -1.3538680612194876 }, { "year": 2001, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 44465643.57568999, "yoy_growth_pct": -42.808344946378384, "cagr_3y_pct": -15.884818641363395 }, { "year": 2002, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 19737432.543008428, "yoy_growth_pct": -55.611949010900695, "cagr_3y_pct": -30.48358879755897 }, { "year": 2003, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 15741217.093136305, "yoy_growth_pct": -20.24688591671817, "cagr_3y_pct": -41.28052956445999 }, { "year": 2004, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 18478526.155630022, "yoy_growth_pct": 17.38943720995547, "cagr_3y_pct": -25.375589140407186 }, { "year": 2005, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 24030513.237771776, "yoy_growth_pct": 30.045616384021944, "cagr_3y_pct": 6.780216215798562 }, { "year": 2006, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 23313747.38847496, "yoy_growth_pct": -2.9827321714052446, "cagr_3y_pct": 13.987683010431162 }, { "year": 2007, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 26790145.86562213, "yoy_growth_pct": 14.91136718271946, "cagr_3y_pct": 13.179885371041955 }, { "year": 2008, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 35436386.82970679, "yoy_growth_pct": 32.27396001296044, "cagr_3y_pct": 13.822677058585132 }, { "year": 2009, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 31342820.895751227, "yoy_growth_pct": -11.551871678192294, "cagr_3y_pct": 10.367701519790629 }, { "year": 2010, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 54015795.799521156, "yoy_growth_pct": 72.33865445354166, "cagr_3y_pct": 26.33254160468823 }, { "year": 2011, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 65323594.29589071, "yoy_growth_pct": 20.934244009545445, "cagr_3y_pct": 22.614043049702847 }, { "year": 2012, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 67893440.46760626, "yoy_growth_pct": 3.934024450759921, "cagr_3y_pct": 29.38876829007453 }, { "year": 2013, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 76647195.53093342, "yoy_growth_pct": 12.893373797287255, "cagr_3y_pct": 12.372099925455448 }, { "year": 2014, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 62030485.44553776, "yoy_growth_pct": -19.070117287587674, "cagr_3y_pct": -1.7094642324673504 }, { "year": 2015, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 51401709.47507586, "yoy_growth_pct": -17.134761874133442, "cagr_3y_pct": -8.85841395224114 }, { "year": 2016, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 38904106.40626706, "yoy_growth_pct": -24.313594229524128, "cagr_3y_pct": -20.231200058084966 }, { "year": 2017, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 37120321.23998538, "yoy_growth_pct": -4.585081964494975, "cagr_3y_pct": -15.730804334993953 }, { "year": 2018, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 35842305.13017638, "yoy_growth_pct": -3.4429015351093994, "cagr_3y_pct": -11.323994150995597 }, { "year": 2019, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 39352409.28190831, "yoy_growth_pct": 9.793187516772473, "cagr_3y_pct": 0.38264327653456665 }, { "year": 2020, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 41472584.865350805, "yoy_growth_pct": 5.387663988383085, "cagr_3y_pct": 3.764737763860415 }, { "year": 2021, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 54084526.30566423, "yoy_growth_pct": 30.410309560546224, "cagr_3y_pct": 14.698841802886031 }, { "year": 2022, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 57871994.69123967, "yoy_growth_pct": 7.002868739517432, "cagr_3y_pct": 13.718827974265801 }, { "year": 2023, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 44891445.37463465, "yoy_growth_pct": -22.429759654664082, "cagr_3y_pct": 2.6756579971868755 }, { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "URY", "export_value_usd": 53062760.42635643, "yoy_growth_pct": 18.202387968418755, "cagr_3y_pct": -0.6337417566403825 } ], "riskLanes": [ { "exporter_iso3": "HKG", "importer_iso3": "URY", "hs_code": "851712", "hs_description": "Telephones for cellular networks or for other wireless networks", "buyer_imports_latest_usd": 229318305.53089476, "current_below_peak_pct": 22.67730242970211, "lane_volatility_cv": 1.297401848820212, "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": "URY", "hs_code": "847150", "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units", "buyer_imports_latest_usd": 36938877.61831196, "current_below_peak_pct": 3.2484319033710602, "lane_volatility_cv": 1.2422144597150162, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "URY", "hs_code": "847330", "hs_description": "Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units", "buyer_imports_latest_usd": 41271576.05263008, "current_below_peak_pct": 34.439613112999254, "lane_volatility_cv": 1.0914952644231606, "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": "URY", "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": 82959905.92681445, "current_below_peak_pct": 76.80400619260428, "lane_volatility_cv": 0.9662696157961093, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "URY", "hs_code": "380893", "hs_description": "Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles", "buyer_imports_latest_usd": 131917685.18892454, "current_below_peak_pct": 61.64328244727978, "lane_volatility_cv": 1.114620975952207, "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": "URY", "hs_code": "910221", "hs_description": "Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding", "buyer_imports_latest_usd": 15837024.454938391, "current_below_peak_pct": 0, "lane_volatility_cv": 2.3630739668568035, "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": "URY", "hs_code": "852872", "hs_description": "Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen", "buyer_imports_latest_usd": 55736278.09362995, "current_below_peak_pct": 66.4640699650352, "lane_volatility_cv": 0.8524080304623712, "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": "URY", "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": 14079430.453643152, "current_below_peak_pct": 74.83379507397603, "lane_volatility_cv": 0.8906268142483859, "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": "URY", "hs_code": "854370", "hs_description": "Electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543", "buyer_imports_latest_usd": 15284524.09354045, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9364377637282689, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "HKG", "importer_iso3": "URY", "hs_code": "841510", "hs_description": "Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system", "buyer_imports_latest_usd": 63279768.53829937, "current_below_peak_pct": 0, "lane_volatility_cv": 1.5556156663664389, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "HKG", "importer_iso3": "URY", "distance_km": 18333, "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": 0, "importer_gdp_million_usd": 59319.547636, "importer_gdp_per_capita_usd": 17020.64863627182, "importer_population": 3485.152, "importer_biz_entry_days": 6.5, "importer_biz_entry_cost_pct": 24.1, "exporter_gdp_million_usd": 368139.247671, "exporter_gdp_per_capita_usd": 49660.63423817296, "avg_applied_tariff_pct": 9.678823294949494, "avg_mfn_tariff_pct": 9.678823294949494, "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-URY/risk", "html": "https://www.yugalinks.com/trade/corridor/HKG-URY/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/HKG-URY/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/HKG-URY/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/HKG-URY/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" } }