India / Hong Kong

Overview In March 2024, India exported $500M and imported $1.97B from Hong Kong, resulting in a negative trade balance of $1.47B. Between March 2023 and March 2024 the exports of India have decreased by $-29.1M (-5.5%) from $529M to $500M, while imports increased by $5.59M (0.28%) from $1.96B to $1.97B.

Trade In March 2024, the top exports of India to Hong Kong were Pearl, Precs, Semiprecs Stones ($260M), Gold And Oth Precs Metl Jwlery ($229M), Telecom Instruments ($13.4M), Buffalo Meat ($11.8M), and Electronics Components ($6.36M). In March 2024 the top imports of India from Hong Kong were Pearl, Precs, Semiprecs Stones ($327M), Electronics Components ($311M), Telecom Instruments ($146M), Computer Hardware, Peripherals ($65.2M), and Electronics Instruments ($60.7M).

Growth In March 2024, the decrease in India's year-by-year exports to Hong Kong was explained primarily by an decrease in product exports in Pearl, Precs, Semiprecs Stones ($-222M or -46%), Iron And Steel ($-16.1M or -98%), and Electronics Components ($-4.88M or -43.4%). In March 2024, the increase in India's year-by-year imports  from Hong Kong was explained primarily by an increase in product imports  in Paper, Paper Board And Product ($31.7M or 733%), Iron And Steel ($11.6M or 81.8%), and Other Miscellaenious Chemicals ($4.93M or 2.44k%).