Hong Kong emerges key market for India's high-value exports
- IBEF
- January 15, 2026
Hong Kong has emerged as a key destination for India’s high-value exports, with shipments recording robust year-on-year growth between April and November of FY26, according to data published by The Economic Times. During this period, exports of value-added products such as electronics, silver jewellery and processed gemstones increased sharply, reflecting stronger demand for higher-value merchandise. Total exports to Hong Kong during the period reached Rs. 41,250 crore (US$ 4.97 billion), marking an increase of Rs. 7,930 crore (US$ 955 million) compared with the corresponding period last year. The expansion highlights the growing importance of Hong Kong as a market for India’s merchandise exports, particularly in segments beyond traditional commodity-based shipments.
Industry analysts noted that the recent surge in exports reflects a diversification in India’s export composition, with markets in East Asia and the broader Asia-Pacific region attracting higher shipments of value-added products. Increased export engagement with Hong Kong underscores its evolving role not only as a destination for Indian goods but also as a key trade hub for re-exports, linking Indian products to wider regional demand across Asia. The growth in shipments of electronics and silver jewellery points to strengthening capabilities in India’s value-added manufacturing and processing sectors. As these product categories typically command higher unit values, they contribute significantly to India’s foreign exchange earnings. With Hong Kong emerging as an important trading partner, exporters are identifying opportunities to expand their presence in the market, strengthen bilateral trade relationships, and integrate more deeply into regional value chains.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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