{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:20.013Z",
  "seo": {
    "title": "Luxembourg exports to the Philippines: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Luxembourg to the Philippines, 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": "LUX",
    "country_name": "Luxembourg"
  },
  "importer": {
    "iso3": "PHL",
    "country_name": "Philippines"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "LUX",
    "importer_iso3": "PHL",
    "all_history_lane_count": 57,
    "current_lane_count": 20,
    "current_product_count": 20,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 4703251.99849373,
    "attention_trade_usd": 2655160.071040284,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 3483763.1471938677,
    "unrecovered_drawdown_trade_usd": 639889.2017554997,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 2851579.3054575315,
    "access_friction_trade_usd": 4703251.99849373,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 2,
    "high_volatility_lane_count": 11,
    "unrecovered_drawdown_lane_count": 7,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 10,
    "access_friction_lane_count": 20,
    "trade_weighted_volatility_cv": 1.0550321009417707,
    "trade_weighted_below_peak_pct": 12.567025248006535,
    "product_concentration_hhi": 1832.5970866168523,
    "top1_product_share_pct": 29.38289560983857,
    "top3_product_share_pct": 65.44965775301588,
    "top_product_hs6": "848071",
    "top_product_trade_usd": 1381951.624985059,
    "top_product_description": "Moulds: for rubber or plastics, injection or compression types",
    "top_attention_product_hs6": "848071",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 10470.3779296875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 7.134131689393938,
    "avg_mfn_tariff_pct": 7.134131689393938,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 33,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 394086.419343,
    "buyer_gdp_pc_latest": 3549,
    "buyer_population_latest": 111046.913,
    "buyer_gdp_5y_cagr_pct": 4.14271163092057,
    "buyer_gdp_pc_5y_cagr_pct": 3.220520105972713,
    "buyer_population_5y_cagr_pct": 0.893418793085976,
    "buyer_investment_5y_avg_pct": 21.322000000000003,
    "buyer_savings_5y_avg_pct": 15.036000000000001,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 56.453706326827245,
    "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": 394086.419343,
    "buyer_gdp_pc_2024": 3549,
    "buyer_population_2024": 111046.913
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2968823.36620629,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 3574612.184490348,
      "yoy_growth_pct": 20.40501382398392,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 1856594.5377216276,
      "yoy_growth_pct": -48.061651393203306,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 1626798.4875073242,
      "yoy_growth_pct": -12.377287853938434,
      "cagr_3y_pct": -18.169262208141735
    },
    {
      "year": 2003,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 3687334.112599933,
      "yoy_growth_pct": 126.66200767434215,
      "cagr_3y_pct": 1.040275087811393
    },
    {
      "year": 2004,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2183540.18256642,
      "yoy_growth_pct": -40.78268700671636,
      "cagr_3y_pct": 5.555623001877863
    },
    {
      "year": 2005,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 3901201.7672442705,
      "yoy_growth_pct": 78.66407031992422,
      "cagr_3y_pct": 33.85097861953628
    },
    {
      "year": 2006,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2024007.7700946643,
      "yoy_growth_pct": -48.11835196300594,
      "cagr_3y_pct": -18.122125256740063
    },
    {
      "year": 2007,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 1854919.5418705419,
      "yoy_growth_pct": -8.35412940219168,
      "cagr_3y_pct": -5.291717104640881
    },
    {
      "year": 2008,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 7198100.883410208,
      "yoy_growth_pct": 288.05461481911414,
      "cagr_3y_pct": 22.651587091928583
    },
    {
      "year": 2009,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 3450383.154022751,
      "yoy_growth_pct": -52.06536821434378,
      "cagr_3y_pct": 19.45886472397649
    },
    {
      "year": 2010,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2017172.2467968888,
      "yoy_growth_pct": -41.53773199231229,
      "cagr_3y_pct": 2.8346093422799257
    },
    {
      "year": 2011,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2460694.114798517,
      "yoy_growth_pct": 21.987307663284895,
      "cagr_3y_pct": -30.078097928306303
    },
    {
      "year": 2012,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 2411230.868480233,
      "yoy_growth_pct": -2.010133889491339,
      "cagr_3y_pct": -11.259101147101436
    },
    {
      "year": 2013,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 5753422.922399456,
      "yoy_growth_pct": 138.6093757179611,
      "cagr_3y_pct": 41.816829414738855
    },
    {
      "year": 2014,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 4326259.095396372,
      "yoy_growth_pct": -24.805473997866436,
      "cagr_3y_pct": 20.693801061967633
    },
    {
      "year": 2015,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 6052769.224926607,
      "yoy_growth_pct": 39.90769141329138,
      "cagr_3y_pct": 35.90594050044717
    },
    {
      "year": 2016,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 6772641.723597288,
      "yoy_growth_pct": 11.893275159179883,
      "cagr_3y_pct": 5.587036519392674
    },
    {
      "year": 2017,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 4304464.782567019,
      "yoy_growth_pct": -36.4433413394751,
      "cagr_3y_pct": -0.1682054689529533
    },
    {
      "year": 2018,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 4989925.140439318,
      "yoy_growth_pct": 15.924403903788399,
      "cagr_3y_pct": -6.23373044156893
    },
    {
      "year": 2019,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 5129060.381421212,
      "yoy_growth_pct": 2.7883232125932134,
      "cagr_3y_pct": -8.849322011981176
    },
    {
      "year": 2020,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 12234611.935922556,
      "yoy_growth_pct": 138.53515119922344,
      "cagr_3y_pct": 41.65231611185787
    },
    {
      "year": 2021,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 4600648.473309353,
      "yoy_growth_pct": -62.39644953673441,
      "cagr_3y_pct": -2.671131716421249
    },
    {
      "year": 2022,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 10368801.730168283,
      "yoy_growth_pct": 125.37696132018894,
      "cagr_3y_pct": 26.44361956630994
    },
    {
      "year": 2023,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 5826107.352462409,
      "yoy_growth_pct": -43.81117988290578,
      "cagr_3y_pct": -21.909879197323257
    },
    {
      "year": 2024,
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "export_value_usd": 6938021.789601345,
      "yoy_growth_pct": 19.085031735108426,
      "cagr_3y_pct": 14.675912038991124
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "848071",
      "hs_description": "Moulds: for rubber or plastics, injection or compression types",
      "buyer_imports_latest_usd": 81927780.07317646,
      "current_below_peak_pct": 8.172506954939276,
      "lane_volatility_cv": 1.1109284986325412,
      "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": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "847790",
      "hs_description": "Machinery: parts of those for working rubber or plastics",
      "buyer_imports_latest_usd": 51544350.198725,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2566535784394475,
      "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": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "711719",
      "hs_description": "Jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal",
      "buyer_imports_latest_usd": 53869296.83446062,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3909004792831123,
      "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"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "950430",
      "hs_description": "Games n.e.c. in heading 9504, operated by coins, banknotes, bank cards, tokens or by other means of payment, other than bowling alley equipment",
      "buyer_imports_latest_usd": 202367756.2111203,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "847810",
      "hs_description": "Machinery: for preparing or making up tobacco, n.e.c. in this chapter",
      "buyer_imports_latest_usd": 22360455.06952055,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9404269745183795,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "320890",
      "hs_description": "Paints and varnishes: based on polymers n.e.s. in heading no. 3208, dispersed or dissolved in a non-aqueous medium",
      "buyer_imports_latest_usd": 69915124.85306749,
      "current_below_peak_pct": 59.0695333989656,
      "lane_volatility_cv": 0.9196698559952636,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "871639",
      "hs_description": "Trailers and semi-trailers: (other than tanker type)",
      "buyer_imports_latest_usd": 20860735.457957156,
      "current_below_peak_pct": 58.67626207296276,
      "lane_volatility_cv": 0.5489274860399354,
      "attention_level": "Watch",
      "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": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "711790",
      "hs_description": "Jewellery: imitation, of other than base metal, whether or not plated with precious metal",
      "buyer_imports_latest_usd": 15654661.066539638,
      "current_below_peak_pct": 88.410245655369,
      "lane_volatility_cv": 1.0294168919114595,
      "attention_level": "Watch",
      "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": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "848120",
      "hs_description": "Valves: for oleohydraulic or pneumatic transmissions",
      "buyer_imports_latest_usd": 21809610.55184962,
      "current_below_peak_pct": 34.811470377411766,
      "lane_volatility_cv": 1.1314562708542433,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "PHL",
      "hs_code": "731829",
      "hs_description": "Iron or steel: non-threaded articles, n.e.c. in item no. 7318.2",
      "buyer_imports_latest_usd": 32090607.385616604,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.9277774932050713,
      "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": "LUX",
    "importer_iso3": "PHL",
    "distance_km": 10477,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "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": 394086.419343,
    "importer_gdp_per_capita_usd": 3548.828226706311,
    "importer_population": 111046.913,
    "importer_biz_entry_days": 33,
    "importer_biz_entry_cost_pct": 23.3,
    "exporter_gdp_million_usd": 86710.803337,
    "exporter_gdp_per_capita_usd": 135682.79427449263,
    "avg_applied_tariff_pct": 7.134131689393938,
    "avg_mfn_tariff_pct": 7.134131689393938,
    "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/LUX-PHL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/LUX-PHL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/LUX-PHL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/LUX-PHL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/LUX-PHL/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"
  }
}