{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:10.005Z", "seo": { "title": "Italy exports to Hong Kong: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Italy to Hong Kong, 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": "ITA", "country_name": "Italy" }, "importer": { "iso3": "HKG", "country_name": "Hong Kong" }, "latestYear": 2024, "risk": { "exporter_iso3": "ITA", "importer_iso3": "HKG", "all_history_lane_count": 756, "current_lane_count": 683, "current_product_count": 683, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 2346756797.643513, "attention_trade_usd": 1973258391.3265944, "critical_trade_usd": 329153816.46869844, "high_volatility_trade_usd": 1035948320.4936349, "unrecovered_drawdown_trade_usd": 966585006.716005, "declining_demand_trade_usd": 5616532.690423734, "concentrated_market_trade_usd": 1518580114.3755877, "access_friction_trade_usd": 2346756797.643513, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 13, "high_attention_lane_count": 212, "high_volatility_lane_count": 342, "unrecovered_drawdown_lane_count": 478, "declining_demand_lane_count": 18, "concentrated_market_lane_count": 448, "access_friction_lane_count": 683, "trade_weighted_volatility_cv": 1.0413343545691598, "trade_weighted_below_peak_pct": 39.85519107616738, "product_concentration_hhi": 186.91029660090837, "top1_product_share_pct": 8.753132438983513, "top3_product_share_pct": 17.47990789863682, "top_product_hs6": "854129", "top_product_trade_usd": 205414730.51858503, "top_product_description": "Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more", "top_attention_product_hs6": "854129", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 9289.3798828125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.10440000146627426, "has_reported_fta": 0, "avg_applied_tariff_pct": 0, "avg_mfn_tariff_pct": 0, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 1.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 368139.247671, "buyer_gdp_pc_latest": 49661, "buyer_population_latest": 7413.1, "buyer_gdp_5y_cagr_pct": 2.303516880397938, "buyer_gdp_pc_5y_cagr_pct": 2.259425330431597, "buyer_population_5y_cagr_pct": 0.04311734573498871, "buyer_investment_5y_avg_pct": 23.188, "buyer_savings_5y_avg_pct": 22.356, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 84.08448601525451, "critical_trade_share_pct": 14.025902334626961, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "Critical attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 368139.247671, "buyer_gdp_pc_2024": 49661, "buyer_population_2024": 7413.1 }, "history": [ { "year": 1995, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3570059368.518378, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3885846844.092276, "yoy_growth_pct": 8.845440452855957, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3714764651.3813677, "yoy_growth_pct": -4.4027003527173925, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2749819922.798958, "yoy_growth_pct": -25.97593169794987, "cagr_3y_pct": -8.333720398243594 }, { "year": 1999, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2319492864.2442007, "yoy_growth_pct": -15.649281430645113, "cagr_3y_pct": -15.801868516160267 }, { "year": 2000, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2565875720.3047056, "yoy_growth_pct": 10.622272646688558, "cagr_3y_pct": -11.603560811195834 }, { "year": 2001, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2556987343.9275517, "yoy_growth_pct": -0.3464071274698499, "cagr_3y_pct": -2.394391173200927 }, { "year": 2002, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2349234112.6591144, "yoy_growth_pct": -8.12492215739038, "cagr_3y_pct": 0.4255963244966132 }, { "year": 2003, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2428375861.4036202, "yoy_growth_pct": 3.3688319234784547, "cagr_3y_pct": -1.819155504513148 }, { "year": 2004, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2901970538.049809, "yoy_growth_pct": 19.502527766539714, "cagr_3y_pct": 4.30892593593577 }, { "year": 2005, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2895234499.4723783, "yoy_growth_pct": -0.23211946810313133, "cagr_3y_pct": 7.214242673826066 }, { "year": 2006, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3068536978.865222, "yoy_growth_pct": 5.985783860493021, "cagr_3y_pct": 8.111481327773173 }, { "year": 2007, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3447955559.619909, "yoy_growth_pct": 12.364803923431932, "cagr_3y_pct": 5.9146950680895705 }, { "year": 2008, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3539071889.4279385, "yoy_growth_pct": 2.642619031263682, "cagr_3y_pct": 6.922362584097375 }, { "year": 2009, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2763451128.2898817, "yoy_growth_pct": -21.915936871896356, "cagr_3y_pct": -3.4304645150046054 }, { "year": 2010, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3366916968.909486, "yoy_growth_pct": 21.83739869476358, "cagr_3y_pct": -0.7896651121740317 }, { "year": 2011, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4107103752.301997, "yoy_growth_pct": 21.984111584202548, "cagr_3y_pct": 5.086944120150028 }, { "year": 2012, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4051343781.408946, "yoy_growth_pct": -1.3576470003173968, "cagr_3y_pct": 13.601073738939728 }, { "year": 2013, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4385263143.160586, "yoy_growth_pct": 8.242187771967169, "cagr_3y_pct": 9.20799090342268 }, { "year": 2014, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 5168360913.188537, "yoy_growth_pct": 17.85748641445377, "cagr_3y_pct": 7.962364232424712 }, { "year": 2015, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4746222142.015556, "yoy_growth_pct": -8.167749471515695, "cagr_3y_pct": 5.4183759398440445 }, { "year": 2016, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4225833044.8827176, "yoy_growth_pct": -10.96428025410221, "cagr_3y_pct": -1.2268527722821276 }, { "year": 2017, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4379918774.202201, "yoy_growth_pct": 3.6462805719708724, "cagr_3y_pct": -5.368060515172868 }, { "year": 2018, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 4545804562.024134, "yoy_growth_pct": 3.7874169904474675, "cagr_3y_pct": -1.4278491407354377 }, { "year": 2019, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 3957883847.7834177, "yoy_growth_pct": -12.933259805145026, "cagr_3y_pct": -2.1598965299673645 }, { "year": 2020, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2503051933.7453914, "yoy_growth_pct": -36.757822361381166, "cagr_3y_pct": -17.014680961707896 }, { "year": 2021, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2896905090.3601317, "yoy_growth_pct": 15.73491749431688, "cagr_3y_pct": -13.945318363169312 }, { "year": 2022, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2382023214.064057, "yoy_growth_pct": -17.77351553592206, "cagr_3y_pct": -15.570481028314308 }, { "year": 2023, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2673347005.632494, "yoy_growth_pct": 12.230098760095576, "cagr_3y_pct": 2.218261751183337 }, { "year": 2024, "exporter_iso3": "ITA", "importer_iso3": "HKG", "export_value_usd": 2745339294.1837125, "yoy_growth_pct": 2.692964602033987, "cagr_3y_pct": -1.7753281857165404 } ], "riskLanes": [ { "exporter_iso3": "ITA", "importer_iso3": "HKG", "hs_code": "854129", "hs_description": "Electrical apparatus: transistors, (other than photosensitive), with a dissipation rate of 1W or more", "buyer_imports_latest_usd": 1891956921.2215, "current_below_peak_pct": 0, "lane_volatility_cv": 1.8482108619541056, "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": "ITA", "importer_iso3": "HKG", "hs_code": "890392", "hs_description": "Motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable", "buyer_imports_latest_usd": 186107662.5965979, "current_below_peak_pct": 28.49962270755613, "lane_volatility_cv": 0.7990299228471884, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "ITA", "importer_iso3": "HKG", "hs_code": "610910", "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted", "buyer_imports_latest_usd": 425276614.2921561, "current_below_peak_pct": 44.685567417164066, "lane_volatility_cv": 0.8806246609190703, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "ITA", "importer_iso3": "HKG", "hs_code": "621790", "hs_description": "Clothing: parts of garments or of clothing accessories, other than those of heading no. 6212 (not knitted or crocheted)", "buyer_imports_latest_usd": 67494240.93588239, "current_below_peak_pct": 6.7900892301210005, "lane_volatility_cv": 2.064770840070246, "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": "ITA", "importer_iso3": "HKG", "hs_code": "710239", "hs_description": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set", "buyer_imports_latest_usd": 6509846111.260275, "current_below_peak_pct": 1.6209281254104595, "lane_volatility_cv": 0.895759958314378, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "ITA", "importer_iso3": "HKG", "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": 1418100501.8824594, "current_below_peak_pct": 69.14135226884028, "lane_volatility_cv": 1.0636595915808456, "attention_level": "Critical 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": "ITA", "importer_iso3": "HKG", "hs_code": "420221", "hs_description": "Cases and containers: handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather, of composition leather or of patent leather", "buyer_imports_latest_usd": 776350949.6002936, "current_below_peak_pct": 71.09965159732737, "lane_volatility_cv": 0.9498576664117634, "attention_level": "Critical attention", "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": "ITA", "importer_iso3": "HKG", "hs_code": "710391", "hs_description": "Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set", "buyer_imports_latest_usd": 1531353210.853633, "current_below_peak_pct": 44.06938079386216, "lane_volatility_cv": 1.5620064916241632, "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": "ITA", "importer_iso3": "HKG", "hs_code": "620193", "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)", "buyer_imports_latest_usd": 87857963.26037776, "current_below_peak_pct": 0, "lane_volatility_cv": 1.1420127827507482, "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": "ITA", "importer_iso3": "HKG", "hs_code": "910221", "hs_description": "Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding", "buyer_imports_latest_usd": 1426999589.7858708, "current_below_peak_pct": 73.49021914322307, "lane_volatility_cv": 1.008532269176183, "attention_level": "Critical 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" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ITA", "importer_iso3": "HKG", "distance_km": 9300, "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": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 368139.247671, "importer_gdp_per_capita_usd": 49660.63423817296, "importer_population": 7413.1, "importer_biz_entry_days": 1.5, "importer_biz_entry_cost_pct": 0.5, "exporter_gdp_million_usd": 2099880.198259, "exporter_gdp_per_capita_usd": 35551.286193786254, "avg_applied_tariff_pct": 0, "avg_mfn_tariff_pct": 0, "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/ITA-HKG/risk", "html": "https://www.yugalinks.com/trade/corridor/ITA-HKG/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ITA-HKG/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ITA-HKG/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ITA-HKG/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" } }