{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:19.219Z", "seo": { "title": "Portugal exports to Hong Kong: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Portugal 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": "PRT", "country_name": "Portugal" }, "importer": { "iso3": "HKG", "country_name": "Hong Kong" }, "latestYear": 2024, "risk": { "exporter_iso3": "PRT", "importer_iso3": "HKG", "all_history_lane_count": 138, "current_lane_count": 77, "current_product_count": 77, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 51664684.50817104, "attention_trade_usd": 25918145.926867824, "critical_trade_usd": 0, "high_volatility_trade_usd": 29351088.425598003, "unrecovered_drawdown_trade_usd": 16016425.67877443, "declining_demand_trade_usd": 538774.8291851166, "concentrated_market_trade_usd": 8364550.676251206, "access_friction_trade_usd": 51664684.50817104, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 7, "high_volatility_lane_count": 57, "unrecovered_drawdown_lane_count": 35, "declining_demand_lane_count": 5, "concentrated_market_lane_count": 38, "access_friction_lane_count": 77, "trade_weighted_volatility_cv": 1.3339325015728407, "trade_weighted_below_peak_pct": 34.55053758833448, "product_concentration_hhi": 999.4273111044014, "top1_product_share_pct": 20.266895973248534, "top3_product_share_pct": 48.30712788670985, "top_product_hs6": "910121", "top_product_trade_usd": 10470827.864178075, "top_product_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", "top_attention_product_hs6": "970110", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 11035.6708984375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.11520000547170639, "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": 50.16607799621564, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "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": 368139.247671, "buyer_gdp_pc_2024": 49661, "buyer_population_2024": 7413.1 }, "history": [ { "year": 1995, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 48306155.11737612, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 47816834.60506709, "yoy_growth_pct": -1.0129568605078632, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 45568846.549648575, "yoy_growth_pct": -4.701248156606952, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 47693658.05635209, "yoy_growth_pct": 4.662859974716427, "cagr_3y_pct": -0.4244484412292415 }, { "year": 1999, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 47161624.68048673, "yoy_growth_pct": -1.1155222676288212, "cagr_3y_pct": -0.45885205640483484 }, { "year": 2000, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 58677765.424549334, "yoy_growth_pct": 24.418456365917862, "cagr_3y_pct": 8.793223175466114 }, { "year": 2001, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 61775785.91072871, "yoy_growth_pct": 5.279717902964376, "cagr_3y_pct": 9.006538414223431 }, { "year": 2002, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 59934017.737985104, "yoy_growth_pct": -2.9813755431701283, "cagr_3y_pct": 8.316564784650904 }, { "year": 2003, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 48000751.88242691, "yoy_growth_pct": -19.91067227918395, "cagr_3y_pct": -6.4756228615208355 }, { "year": 2004, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 66771351.708895035, "yoy_growth_pct": 39.10480375900121, "cagr_3y_pct": 2.625975031889771 }, { "year": 2005, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 108558830.4855626, "yoy_growth_pct": 62.58294569031584, "cagr_3y_pct": 21.89818932129135 }, { "year": 2006, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 86080845.44471769, "yoy_growth_pct": -20.70580987313997, "cagr_3y_pct": 21.493439687473593 }, { "year": 2007, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 53743378.52640586, "yoy_growth_pct": -37.56639093313668, "cagr_3y_pct": -6.979586560232431 }, { "year": 2008, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 67736467.59712616, "yoy_growth_pct": 26.036861571412075, "cagr_3y_pct": -14.548610391297977 }, { "year": 2009, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 70888356.85526246, "yoy_growth_pct": 4.65316449166302, "cagr_3y_pct": -6.267659391719627 }, { "year": 2010, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 107740693.5348311, "yoy_growth_pct": 51.98644504458263, "cagr_3y_pct": 26.091245356868708 }, { "year": 2011, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 121813114.70211446, "yoy_growth_pct": 13.061379786583549, "cagr_3y_pct": 21.606606033581578 }, { "year": 2012, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 123185295.30269709, "yoy_growth_pct": 1.1264637670075128, "cagr_3y_pct": 20.224963264689745 }, { "year": 2013, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 121105700.96277116, "yoy_growth_pct": -1.6881839141724253, "cagr_3y_pct": 3.974843090396085 }, { "year": 2014, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 125893638.49573639, "yoy_growth_pct": 3.9535195245986587, "cagr_3y_pct": 1.1043665316909257 }, { "year": 2015, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 112206683.55118117, "yoy_growth_pct": -10.871839997712641, "cagr_3y_pct": -3.0636597858113124 }, { "year": 2016, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 116655071.77987409, "yoy_growth_pct": 3.964459235321627, "cagr_3y_pct": -1.2403188387000497 }, { "year": 2017, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 133846472.91009109, "yoy_growth_pct": 14.736951311175606, "cagr_3y_pct": 2.0628556130617204 }, { "year": 2018, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 135112263.13446662, "yoy_growth_pct": 0.9457030856732329, "cagr_3y_pct": 6.387845536182013 }, { "year": 2019, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 106120225.51747562, "yoy_growth_pct": -21.457739619191706, "cagr_3y_pct": -3.1057111329838127 }, { "year": 2020, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 90803775.8499022, "yoy_growth_pct": -14.433110741035083, "cagr_3y_pct": -12.131679476109403 }, { "year": 2021, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 115973431.73275933, "yoy_growth_pct": 27.718732670833358, "cagr_3y_pct": -4.964051545949655 }, { "year": 2022, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 102466190.70346008, "yoy_growth_pct": -11.646840856123275, "cagr_3y_pct": -1.161197354024368 }, { "year": 2023, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 81558841.29401955, "yoy_growth_pct": -20.404144299603143, "cagr_3y_pct": -3.5159082334835334 }, { "year": 2024, "exporter_iso3": "PRT", "importer_iso3": "HKG", "export_value_usd": 82959642.6430925, "yoy_growth_pct": 1.7175346373829115, "cagr_3y_pct": -10.565972663747825 } ], "riskLanes": [ { "exporter_iso3": "PRT", "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": 48.376689244615115, "lane_volatility_cv": 0.8163348609725493, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "PRT", "importer_iso3": "HKG", "hs_code": "970110", "hs_description": "Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906", "buyer_imports_latest_usd": 3026728593.879903, "current_below_peak_pct": 0, "lane_volatility_cv": 2.0631861187569247, "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": "PRT", "importer_iso3": "HKG", "hs_code": "330499", "hs_description": "Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)", "buyer_imports_latest_usd": 2189587188.789812, "current_below_peak_pct": 0, "lane_volatility_cv": 1.530426264638444, "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": "PRT", "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": 80.61899918280709, "lane_volatility_cv": 0.8729721592397338, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "PRT", "importer_iso3": "HKG", "hs_code": "910111", "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, with case of precious metal or of metal clad with precious metal, with mechanical display only", "buyer_imports_latest_usd": 358530739.7232038, "current_below_peak_pct": 55.1390721834135, "lane_volatility_cv": 0.9866701287122098, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "PRT", "importer_iso3": "HKG", "hs_code": "910211", "hs_description": "Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only", "buyer_imports_latest_usd": 227293325.56257114, "current_below_peak_pct": 78.05660914822724, "lane_volatility_cv": 1.337594923740055, "attention_level": "High 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": "PRT", "importer_iso3": "HKG", "hs_code": "300490", "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 1521880641.8737683, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7855582961511403, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "PRT", "importer_iso3": "HKG", "hs_code": "330300", "hs_description": "Perfumes and toilet waters", "buyer_imports_latest_usd": 374803648.26413167, "current_below_peak_pct": 54.93543218417645, "lane_volatility_cv": 1.3552204951983848, "attention_level": "High 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": "PRT", "importer_iso3": "HKG", "hs_code": "020890", "hs_description": "Meat and edible meat offal: n.e.s. in chapter 2, fresh, chilled or frozen", "buyer_imports_latest_usd": 31725531.53036734, "current_below_peak_pct": 28.679121182861667, "lane_volatility_cv": 0.9597774318530793, "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": "PRT", "importer_iso3": "HKG", "hs_code": "401110", "hs_description": "Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)", "buyer_imports_latest_usd": 86081655.57048446, "current_below_peak_pct": 88.0200264493425, "lane_volatility_cv": 1.3505961803523787, "attention_level": "Watch", "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": "PRT", "importer_iso3": "HKG", "distance_km": 11047, "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": 2, "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": 249886.46435499997, "exporter_gdp_per_capita_usd": 24262.180935281518, "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/PRT-HKG/risk", "html": "https://www.yugalinks.com/trade/corridor/PRT-HKG/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/PRT-HKG/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/PRT-HKG/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/PRT-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" } }