# Russia exports to Hong Kong: Trade Route Risk | Yugalinks

Understand reported exports from Russia to Hong Kong, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/RUS-HKG/risk

## Route overview

In 2024, Russia reported $6.0B in goods exports to Hong Kong. The overall review level is Watch.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $6.0B | 2024 route total |
| Exports needing review | 22.2% | Share of route exports |
| Highest-priority products | 3 | Need the closest review |
| Products needing review | 11 | High-attention product types |
| Export volatility | 1.9 | Higher means bigger yearly swings |
| Below highest year | 13.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 710812 | Metals: gold, non-monetary, unwrought (but not powder) | $41.7B | 9.7% | Watch |
| 2 | 710231 | Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set | $1.3B | 0% | High attention |
| 3 | 711021 | Metals: palladium, unwrought or in powder form | $568.7M | 72.7% | Critical attention |
| 4 | 711031 | Metals: rhodium, unwrought or in powder form | $871.8M | 0% | Watch |
| 5 | 711011 | Metals: platinum, unwrought or in powder form | $932.6M | 58.1% | High attention |
| 6 | 710691 | Metals: silver, unwrought, (but not powder) | $3.2B | 65% | Critical attention |
| 7 | 020329 | Meat: of swine, n.e.s. in item no. 0203.2, frozen | $418.0M | 0% | High attention |
| 8 | 711029 | Metals: palladium, semi-manufactured | $140.6M | 72.1% | Critical attention |
| 9 | 253090 | Mineral substances: n.e.c. in chapter 25 | $17.5M | 2.6% | High attention |
| 10 | 710239 | Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set | $6.5B | 72.1% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.