India's view of the world · A factual referenceLast updated 12 May 2026 · Edition 04
COUNTRY RELATIONSHIP · HONG KONG
India & Hong Kong
SAR OF CHINAMAJOR TRADING HUBFINANCIAL CENTREINDIAN DIASPORA PRESENTRE-EXPORT GATEWAY
Hong Kong is a Special Administrative Region (SAR) of the People's Republic of China since 1997, governed under the 'One Country, Two Systems' framework. India's relationship with Hong Kong is conducted in this context: India does not maintain a separate bilateral diplomatic relationship with Hong Kong distinct from its relationship with China, but maintains a Consulate General in Hong Kong that serves Indian nationals and manages trade and commercial ties. Hong Kong has historically been a major trading hub for India, serving as a re-export gateway to mainland China and Southeast Asia, and hosts a longstanding Indian-origin community of approximately 28,000.
COOPERATION AREAS
Where India and Hong Kong actually work together
4 active areas of cooperation, as of July 2026. Click any card for the full brief.
TRADE & INVESTMENT
By the numbers
Figures approximate for FY2023-24; a significant portion represents re-exports. Source: DGFT and HKSAR Census and Statistics Department. Note that India-Hong Kong trade figures include goods destined for mainland China and third markets.
~$32bn
Total bilateral trade in goods
~$23bn
India exports to country
~$9bn
India imports from country
Trade trajectory · USD bn
$32bnin FY24 · click a bar to compare years
TOP TRADED ITEMS
AGREEMENTS & MILESTONES
The relationship since 1947, in 7 dates
CURRENT STATE
Where things stand, 2026
India's commercial relationship with Hong Kong remains substantial, driven primarily by diamond trade and electronics imports. The political changes since 2019-20 have introduced uncertainty into Hong Kong's role as an international financial centre, but have not materially disrupted bilateral trade. India maintains a non-interventionist posture on Hong Kong's political developments. The India-China bilateral tension since 2020 adds complexity to the Hong Kong relationship, which remains commercially important despite geopolitical headwinds.
SIGNALS TO WATCH
On track / positive momentum
In progress / worth watching
Stalled or facing headwinds
Not yet started / unclear
QUICK FACTS
CapitalHong Kong
Population7.3 million
RegionEast Asia
Diplomatic tiesSince 1947
Indian diaspora~28,000 (Indian-origin community)
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