India / Hong Kong

Overview In August 2024, India exported $360M and imported $1.92B from Hong Kong, resulting in a negative trade balance of $1.56B. Between August 2023 and August 2024 the exports of India have decreased by $-166M (-31.6%) from $526M to $360M, while imports decreased by $-356M (-15.7%) from $2.27B to $1.92B.

Trade In August 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 August 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 August 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 ($-4.88M or -43.4%). In August 2024, the decrease in India's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Silver ($-216M or -94%), Electronics Components ($-197M or -38.7%), and Pearl, Precs, Semiprecs Stones ($-107M or -24.7%).