Market · Asia

India's exports to Hong Kong

US$ 7.21 bn

in 2025, up 11.0% on 2024. India's 14th largest market, 1.6% of India's exports, 1,989 products.

2021: US$ 11.3 bn

2022: US$ 9.80 bn

2023: US$ 8.73 bn

2024: US$ 6.50 bn

2025: US$ 7.21 bnUS$ 7.21 bn

20212022202320242025

ECGC ratingA2ECGC's classification · see the ratings page Trade agreementNone in forceCheck the Trade Agreements Checker DocumentsExport checklistWhat Hong Kong asks for

What India sells to Hong Kong top 15

#	Product (HS 6-digit)	2025	Change
1	7102.39 Diamonds; non-industrial, (other than unworked or simply sawn, cleaved or brute…	US$ 3.77 bn	+10.2%
2	7113.11 Jewellery; of silver, whether or not plated or clad with other precious metal…	US$ 759 mn	+27.0%
3	8517.62 Communication apparatus (excluding telephone sets or base stations); machines f…	US$ 522 mn	+105.2%
4	7113.19 Jewellery; of precious metal (excluding silver) whether or not plated or clad w…	US$ 384 mn	−30.2%
5	7104.91 Stones; diamonds, n.e.c. in heading 7104, worked or graded but not strung, moun…	US$ 331 mn	+51.2%
6	7103.91 Stones; rubies, sapphires and emeralds, worked (other than simply sawn or rough…	US$ 100 mn	+3.6%
7	2710.19 Petroleum oils and oils from bituminous minerals, not containing biodiesel, not…	US$ 86.2 mn	−59.0%
8	7102.31 Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not m…	US$ 80.2 mn	+74.1%
9	8473.30 Machinery; parts and accessories (other than covers, carrying cases and the lik…	US$ 58.4 mn	+144.5%
10	7103.99 Stones; precious (other than diamonds) and semi-precious stones, (other than ru…	US$ 55.8 mn	+2.1%
11	8525.89 Television cameras; n.e.c. in item no 8525.8	US$ 54.4 mn	+61.0%
12	8517.13 Telephone sets; smartphones for cellular or other wireless networks	US$ 50.1 mn	+88.9%
13	8542.31 Electronic integrated circuits; processors and controllers, whether or not comb…	US$ 49.0 mn	−5.4%
14	8411.12 Turbo-jets; of a thrust exceeding 25kN	US$ 37.6 mn	+5.1%
15	8544.42 Insulated electric conductors; for a voltage not exceeding 1000 volts, fitted w…	US$ 36.1 mn	+329.1%

Who else sells to Hong Kong Hong Kong's imports, 2025

Product (HS 4-digit)	Imports	India's share	Leading suppliers
8517 Telephone sets, including smartphones and other tel… 🇨🇳 China51% 🇻🇳 Vietnam27% 🇺🇸 United States6.8% 🇮🇳 India5.6% 🇸🇬 Singapore1.9% 🇯🇵 Japan1.6%	78.8 bn	5.6%4th	China 51% Vietnam 27%
7102 Diamonds, whether or not worked, but not mounted or… 🇮🇳 India31% 🇺🇸 United States16% 🇦🇪 United Arab Emirates12% 🇷🇺 Russia6.6% 🇨🇭 Switzerland5.5% 🇨🇳 China5.4%	11.9 bn	31%1st	United States 16% United Arab Emirates 12%
7113 Jewellery articles and parts thereof, of precious m… 🇨🇳 China42% 🇺🇸 United States8.8% 🇨🇭 Switzerland7.7% 🇦🇪 United Arab Emirates6.5% 🇮🇳 India4.3% 🇬🇧 United Kingdom3.2%	20.2 bn	4.3%5th	China 42% United States 8.8%
7104 Stones; synthetic or reconstructed precious or semi… 🇮🇳 India41% 🇨🇳 China34% 🇺🇸 United States9.1% 🇦🇪 United Arab Emirates8.6% 🇹🇭 Thailand3.2% 🇯🇵 Japan1.4%	726 mn	41%1st	China 34% United States 9.1%
7103 Precious (excluding diamond) and semi-precious ston… 🇺🇸 United States30% 🇨🇭 Switzerland16% 🇹🇭 Thailand14% 🇫🇷 France8.8% 🇮🇳 India5.2% 🇮🇹 Italy4.6%	2.00 bn	5.2%5th	United States 30% Switzerland 16%
8542 Electronic integrated circuits 🇨🇳 China35% 🇹🇼 Taiwan23% 🇸🇬 Singapore15% 🇰🇷 South Korea7.4% 🇲🇾 Malaysia6.2% 🇻🇳 Vietnam3.7% 🇮🇳 India<0.1% · 18th	273 bn	<0.1%18th	China 35% Taiwan 23%
8536 Electrical apparatus for switching, protecting elec… 🇨🇳 China63% 🇯🇵 Japan13% 🇺🇸 United States3.4% 🇰🇷 South Korea3.3% 🇹🇼 Taiwan2.9% 🇻🇳 Vietnam2.5% 🇮🇳 India1.0% · 12th	7.35 bn	1.0%12th	China 63% Japan 13%
8411 Turbo-jets, turbo-propellers and other gas turbines 🇨🇳 China34% 🇬🇧 United Kingdom29% 🇺🇸 United States8.6% 🇸🇬 Singapore7.4% 🇯🇵 Japan4.7% 🇹🇼 Taiwan3.0% 🇮🇳 India0.2% · 22nd	26.3 bn	0.2%22nd	China 34% United Kingdom 29%
8525 Transmission apparatus for radio-broadcasting or te… 🇨🇳 China46% 🇦🇪 United Arab Emirates12% 🇯🇵 Japan7.7% 🇸🇬 Singapore7.2% 🇹🇭 Thailand6.2% 🇺🇸 United States4.4% 🇮🇳 India2.5% · 7th	2.18 bn	2.5%7th	China 46% United Arab Emirates 12%
3004 Medicaments; (not goods of heading no. 3002, 3005 o… 🇨🇳 China12% 🇧🇪 Belgium10% 🇩🇪 Germany7.4% 🇺🇸 United States7.2% 🇯🇵 Japan6.9% 🇨🇭 Switzerland6.9% 🇮🇳 India1.8% · 18th	2.87 bn	1.8%18th	China 12% Belgium 10%
8544 Insulated wire, cable and other electric conductors… 🇨🇳 China85% 🇺🇸 United States2.3% 🇯🇵 Japan1.9% 🇻🇳 Vietnam1.5% 🇦🇪 United Arab Emirates1.3% 🇮🇳 India1.0%	4.87 bn	1.0%6th	China 85% United States 2.3%
8473 Machinery; parts and accessories (other than covers… 🇨🇳 China54% 🇻🇳 Vietnam12% 🇰🇷 South Korea11% 🇹🇼 Taiwan9.2% 🇲🇾 Malaysia3.3% 🇵🇭 Philippines2.5% 🇮🇳 India0.1% · 15th	36.4 bn	0.1%15th	China 54% Vietnam 12%

What Hong Kong buys most where India has under 5% of the market: openings, or where others are stronger.

Product (HS 4-digit)	Imports	India's share	Leading suppliers
8542 Electronic integrated circuits 🇨🇳 China35% 🇹🇼 Taiwan23% 🇸🇬 Singapore15% 🇰🇷 South Korea7.4% 🇲🇾 Malaysia6.2% 🇻🇳 Vietnam3.7% 🇮🇳 India<0.1% · 18th	273 bn	<0.1%18th	China 35% Taiwan 23%
7108 Gold (including gold plated with platinum) unwrough… 🇦🇪 United Arab Emirates28% 🇨🇳 China23% 🇯🇵 Japan13% 🇷🇺 Russia10% 🇺🇸 United States6.1% 🇦🇺 Australia6.0% 🇮🇳 India<0.1% · 32nd	102 bn	<0.1%32nd	United Arab Emirates 28% China 23%
8473 Machinery; parts and accessories (other than covers… 🇨🇳 China54% 🇻🇳 Vietnam12% 🇰🇷 South Korea11% 🇹🇼 Taiwan9.2% 🇲🇾 Malaysia3.3% 🇵🇭 Philippines2.5% 🇮🇳 India0.1% · 15th	36.4 bn	0.1%15th	China 54% Vietnam 12%
8471 Automatic data processing machines and units thereo… 🇨🇳 China50% 🇹🇼 Taiwan24% 🇹🇭 Thailand4.3% 🇲🇾 Malaysia4.1% 🇲🇽 Mexico4.1% 🇺🇸 United States2.6% 🇮🇳 India<0.1% · 25th	34.4 bn	<0.1%25th	China 50% Taiwan 24%
8411 Turbo-jets, turbo-propellers and other gas turbines 🇨🇳 China34% 🇬🇧 United Kingdom29% 🇺🇸 United States8.6% 🇸🇬 Singapore7.4% 🇯🇵 Japan4.7% 🇹🇼 Taiwan3.0% 🇮🇳 India0.2% · 22nd	26.3 bn	0.2%22nd	China 34% United Kingdom 29%
7113 Jewellery articles and parts thereof, of precious m… 🇨🇳 China42% 🇺🇸 United States8.8% 🇨🇭 Switzerland7.7% 🇦🇪 United Arab Emirates6.5% 🇮🇳 India4.3% 🇬🇧 United Kingdom3.2%	20.2 bn	4.3%5th	China 42% United States 8.8%
8541 Semiconductor devices (e.g. diodes, transistors, se… 🇨🇳 China53% 🇸🇬 Singapore13% 🇯🇵 Japan9.6% 🇹🇼 Taiwan6.4% 🇲🇾 Malaysia5.9% 🇵🇭 Philippines2.6% 🇮🇳 India<0.1% · 19th	17.0 bn	<0.1%19th	China 53% Singapore 13%
8524 Flat panel display modules, whether or not incorpor… 🇨🇳 China84% 🇹🇼 Taiwan13% 🇻🇳 Vietnam1.2% 🇯🇵 Japan0.5% 🇹🇭 Thailand0.3% 🇺🇸 United States0.1% 🇮🇳 India<0.1% · 11th	12.4 bn	<0.1%11th	China 84% Taiwan 13%
2710 Petroleum oils and oils from bituminous minerals, n… 🇨🇳 China51% 🇸🇬 Singapore18% 🇲🇾 Malaysia9.9% 🇰🇷 South Korea8.5% 🇹🇼 Taiwan3.8% 🇶🇦 Qatar3.4% 🇮🇳 India<0.1% · 21st	9.94 bn	<0.1%21st	China 51% Singapore 18%
8523 Discs, tapes, solid-state non-volatile storage devi… 🇨🇳 China55% 🇰🇷 South Korea13% 🇹🇼 Taiwan9.9% 🇻🇳 Vietnam8.2% 🇲🇾 Malaysia4.9% 🇸🇬 Singapore2.1% 🇮🇳 India<0.1% · 21st	8.62 bn	<0.1%21st	China 55% South Korea 13%

US$ million. As reported by Hong Kong's customs to UN Comtrade for 2025 (imports, usually valued with freight and insurance), so the figures differ from India's own export figures above. Open a product for its six biggest suppliers. Exportsmitra's figures, not ECGC's.

Growing fastest

Product	2025	Change
7102.39 Diamonds; non-industrial, (other than unworked or simply sawn, cleaved or brute… +US$ 348 mn	US$ 3.77 bn	+10.2%
8517.62 Communication apparatus (excluding telephone sets or base stations); machines f… +US$ 267 mn	US$ 522 mn	+105.2%
7113.11 Jewellery; of silver, whether or not plated or clad with other precious metal… +US$ 161 mn	US$ 759 mn	+27.0%
7104.91 Stones; diamonds, n.e.c. in heading 7104, worked or graded but not strung, moun… +US$ 112 mn	US$ 331 mn	+51.2%
8473.30 Machinery; parts and accessories (other than covers, carrying cases and the lik… +US$ 34.5 mn	US$ 58.4 mn	+144.5%
7102.31 Diamonds; non-industrial, unworked or simply sawn, cleaved or bruted, but not m… +US$ 34.1 mn	US$ 80.2 mn	+74.1%
8544.42 Insulated electric conductors; for a voltage not exceeding 1000 volts, fitted w… +US$ 27.7 mn	US$ 36.1 mn	+329.1%
8517.13 Telephone sets; smartphones for cellular or other wireless networks +US$ 23.6 mn	US$ 50.1 mn	+88.9%

By chapter

71 Natural, cultured pearls; precious, semi-prec…US$ 5.52 bn
85 Electrical machinery and equipment and parts…US$ 916 mn
84 Machinery and mechanical appliances, boilers…US$ 155 mn
27 Mineral fuels, mineral oils and products of t…US$ 86.8 mn
62 Apparel and clothing accessories; not knitted…US$ 59.9 mn
03 Fish and crustaceans, molluscs and other aqua…US$ 56.5 mn
90 Optical, photographic, cinematographic, measu…US$ 50.0 mn
02 Meat and edible meat offalUS$ 43.4 mn
30 Pharmaceutical productsUS$ 41.3 mn
41 Raw hides and skins (other than furskins) and…US$ 29.3 mn

New in 2025

Products India had not sold to Hong Kong in the earlier years shown.

9508.40 Travelling theatresUS$ 10.4 mn
8904.00 Tugs and pusher craftUS$ 6.4 mn
8101.97 Tungsten (wolfram); waste and scrapUS$ 1.7 mn
7902.00 Zinc; waste and scrapUS$ 1.0 mn
7801.10 Lead; unwrought, refinedUS$ 926 thousand
8108.30 Titanium; waste and scrapUS$ 645 thousand
2845.90 Isotopes other than those of heading no. 2844, 2845.20, 284…US$ 457 thousand
7503.00 Nickel; waste and scrapUS$ 315 thousand

Source: UN Comtrade database (United Nations Statistics Division), as reported by India. Values in US$, calendar years. ECGC rating: ECGC Limited's short-term country classification, shown for convenience; Exportsmitra's figures and notes are not from ECGC.