{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:02.980Z",
  "seo": {
    "title": "Russia exports to Hong Kong: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Russia 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": "RUS",
    "country_name": "Russia"
  },
  "importer": {
    "iso3": "HKG",
    "country_name": "Hong Kong"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "RUS",
    "importer_iso3": "HKG",
    "all_history_lane_count": 144,
    "current_lane_count": 47,
    "current_product_count": 47,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 6035383712.734614,
    "attention_trade_usd": 1338421633.3111835,
    "critical_trade_usd": 353338947.1704112,
    "high_volatility_trade_usd": 5998683167.403489,
    "unrecovered_drawdown_trade_usd": 532709886.2922654,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1185251390.7122192,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 3,
    "high_attention_lane_count": 11,
    "high_volatility_lane_count": 37,
    "unrecovered_drawdown_lane_count": 20,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 29,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.8677602431670213,
    "trade_weighted_below_peak_pct": 13.12262335238168,
    "product_concentration_hhi": 5595.742829167548,
    "top1_product_share_pct": 73.43700497223077,
    "top3_product_share_pct": 90.63428237102197,
    "top_product_hs6": "710812",
    "top_product_trade_usd": 4432205037.214125,
    "top_product_description": "Metals: gold, non-monetary, unwrought (but not powder)",
    "top_attention_product_hs6": "710231",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 7145.35546875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.018000001087784767,
    "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": 22.176247559655966,
    "critical_trade_share_pct": 5.854457048437014,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 368139.247671,
    "buyer_gdp_pc_2024": 49661,
    "buyer_population_2024": 7413.1
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 328380993.9721426,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 459946613.1226285,
      "yoy_growth_pct": 40.06493115178493,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 417552935.1629491,
      "yoy_growth_pct": -9.217086668355712,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 212066380.6434856,
      "yoy_growth_pct": -49.21209677026287,
      "cagr_3y_pct": -13.563347938549287
    },
    {
      "year": 1999,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 144169915.64632452,
      "yoy_growth_pct": -32.0166095121437,
      "cagr_3y_pct": -32.07091891095345
    },
    {
      "year": 2000,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 205877722.67059994,
      "yoy_growth_pct": 42.80213853745749,
      "cagr_3y_pct": -20.99899704168515
    },
    {
      "year": 2001,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 193480609.37142575,
      "yoy_growth_pct": -6.021590455908288,
      "cagr_3y_pct": -3.0111356710708415
    },
    {
      "year": 2002,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 226097419.49292874,
      "yoy_growth_pct": 16.857921952730837,
      "cagr_3y_pct": 16.182393822248176
    },
    {
      "year": 2003,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 356373099.5654658,
      "yoy_growth_pct": 57.6192688818421,
      "cagr_3y_pct": 20.06926521748651
    },
    {
      "year": 2004,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 356244118.33678293,
      "yoy_growth_pct": -0.03619275103540209,
      "cagr_3y_pct": 22.566020459315016
    },
    {
      "year": 2005,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 299108147.1549835,
      "yoy_growth_pct": -16.03843214269848,
      "cagr_3y_pct": 9.77687887703922
    },
    {
      "year": 2006,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 304591024.0653069,
      "yoy_growth_pct": 1.8330750808611018,
      "cagr_3y_pct": -5.099013077057912
    },
    {
      "year": 2007,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 254230279.84210202,
      "yoy_growth_pct": -16.533889788034962,
      "cagr_3y_pct": -10.636564279919348
    },
    {
      "year": 2008,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 407257265.13725084,
      "yoy_growth_pct": 60.1922734735576,
      "cagr_3y_pct": 10.835835473624789
    },
    {
      "year": 2009,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 681641327.3573996,
      "yoy_growth_pct": 67.37364455062031,
      "cagr_3y_pct": 30.801564174425234
    },
    {
      "year": 2010,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 825059763.6192815,
      "yoy_growth_pct": 21.040161519825883,
      "cagr_3y_pct": 48.053738257325065
    },
    {
      "year": 2011,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 647974245.4423897,
      "yoy_growth_pct": -21.463356472514494,
      "cagr_3y_pct": 16.742673481169447
    },
    {
      "year": 2012,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 1163303108.3197598,
      "yoy_growth_pct": 79.52921995002147,
      "cagr_3y_pct": 19.503050559904178
    },
    {
      "year": 2013,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 2762022951.055484,
      "yoy_growth_pct": 137.4293450521994,
      "cagr_3y_pct": 49.59392538568015
    },
    {
      "year": 2014,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 1072902946.9211959,
      "yoy_growth_pct": -61.155176262702845,
      "cagr_3y_pct": 18.304400150290245
    },
    {
      "year": 2015,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 628263739.6229769,
      "yoy_growth_pct": -41.442630815224845,
      "cagr_3y_pct": -18.56401216186343
    },
    {
      "year": 2016,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 545585351.351354,
      "yoy_growth_pct": -13.15982175276238,
      "cagr_3y_pct": -41.76128203740382
    },
    {
      "year": 2017,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 652799738.741132,
      "yoy_growth_pct": 19.651258437239917,
      "cagr_3y_pct": -15.262981736867909
    },
    {
      "year": 2018,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 816126186.9757696,
      "yoy_growth_pct": 25.019380147056825,
      "cagr_3y_pct": 9.111813169197047
    },
    {
      "year": 2019,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 815042911.6921506,
      "yoy_growth_pct": -0.13273379789873196,
      "cagr_3y_pct": 14.3157117034322
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 1566988437.5885344,
      "yoy_growth_pct": 92.25839708675372,
      "cagr_3y_pct": 33.894254031165886
    },
    {
      "year": 2021,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 1308039512.7526698,
      "yoy_growth_pct": -16.525260724601488,
      "cagr_3y_pct": 17.027479106606137
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 1195318676.1827772,
      "yoy_growth_pct": -8.617540637796195,
      "cagr_3y_pct": 13.614669672419332
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 7183660217.930417,
      "yoy_growth_pct": 500.98284759268313,
      "cagr_3y_pct": 66.12181347800066
    },
    {
      "year": 2024,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "export_value_usd": 6051924394.699942,
      "yoy_growth_pct": -15.75430614612956,
      "cagr_3y_pct": 66.63166872124071
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "710812",
      "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)",
      "buyer_imports_latest_usd": 41743878490.216095,
      "current_below_peak_pct": 9.711833380721185,
      "lane_volatility_cv": 1.8831989323789433,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "710231",
      "hs_description": "Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set",
      "buyer_imports_latest_usd": 1286676220.7118628,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.10270138768598,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "711021",
      "hs_description": "Metals: palladium, unwrought or in powder form",
      "buyer_imports_latest_usd": 568713290.1924556,
      "current_below_peak_pct": 72.70270791870632,
      "lane_volatility_cv": 1.3699688855905823,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "711031",
      "hs_description": "Metals: rhodium, unwrought or in powder form",
      "buyer_imports_latest_usd": 871791902.8333445,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.069359530602407,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "711011",
      "hs_description": "Metals: platinum, unwrought or in powder form",
      "buyer_imports_latest_usd": 932639778.3064259,
      "current_below_peak_pct": 58.05486603028207,
      "lane_volatility_cv": 1.4502320701607865,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "710691",
      "hs_description": "Metals: silver, unwrought, (but not powder)",
      "buyer_imports_latest_usd": 3241571947.615212,
      "current_below_peak_pct": 65.0235531536065,
      "lane_volatility_cv": 1.210854415997932,
      "attention_level": "Critical 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"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "020329",
      "hs_description": "Meat: of swine, n.e.s. in item no. 0203.2, frozen",
      "buyer_imports_latest_usd": 417963395.3657076,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.5703624897640671,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "711029",
      "hs_description": "Metals: palladium, semi-manufactured",
      "buyer_imports_latest_usd": 140557970.05215967,
      "current_below_peak_pct": 72.13796444811125,
      "lane_volatility_cv": 0.9569185386773823,
      "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",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "253090",
      "hs_description": "Mineral substances: n.e.c. in chapter 25",
      "buyer_imports_latest_usd": 17521436.295008294,
      "current_below_peak_pct": 2.559730003778259,
      "lane_volatility_cv": 2.3343361041541355,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "RUS",
      "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": 72.09811301021244,
      "lane_volatility_cv": 0.7826357786865776,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "RUS",
    "importer_iso3": "HKG",
    "distance_km": 7154,
    "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": 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": 1775799.919353,
    "exporter_gdp_per_capita_usd": 12379.565666376617,
    "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/RUS-HKG/risk",
    "html": "https://www.yugalinks.com/trade/corridor/RUS-HKG/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/RUS-HKG/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/RUS-HKG/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/RUS-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"
  }
}