{
  "template": "corridor-anomaly-watch",
  "templateName": "Trade anomaly page",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks",
    "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp"
  },
  "seo": {
    "title": "India to China, Hong Kong SAR trade anomaly | HS 702000 | Yugalinks",
    "description": "Reported trade anomaly for India to China, Hong Kong SAR in glass (HS 702000), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000",
    "robots": "index, follow"
  },
  "breadcrumbs": [
    {
      "name": "Home",
      "url": "https://www.yugalinks.com/"
    },
    {
      "name": "Trade data",
      "url": "https://www.yugalinks.com/trade/"
    },
    {
      "name": "Trade anomalies",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/"
    },
    {
      "name": "IND-HKG HS 702000",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "HKG",
    "hs_code": "702000",
    "market_imports_usd": 13942200.71281352,
    "momentum_yoy_pct": 390.43014762647834,
    "anomaly_z_score": 3.429499058877874,
    "anomaly_type": "spike",
    "anomaly_severity": "85.73747647194685",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "HKG",
    "hs_code": "702000",
    "hs_description": "Glass: articles n.e.c. in chapter 70",
    "hs_chapter": "70",
    "hs_heading": "7020",
    "price_range_label": "Unclassified",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 13942200.712813515,
    "buyer_imports_avg_usd": 40375315.61430335,
    "buyer_imports_peak_usd": 140833240.25787324,
    "buyer_cagr_full_pct": -1.4363,
    "buyer_yoy_avg_pct": 21.9163,
    "buyer_yoy_latest_pct": 366.6054,
    "buyer_trend_consistency_pct": 51.7241,
    "buyer_imports_proj_3y_usd": 13350034.33,
    "buyer_imports_proj_5y_usd": 12969296.44,
    "buyer_gdp_mn_latest": 368139.247671,
    "buyer_gdp_pc_latest": 49661,
    "buyer_population_latest": 7413.1,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 22.16,
    "buyer_edu_secondary": 92.54,
    "buyer_gdp_mn_2030_proj": 401687.03,
    "buyer_gdp_pc_2030_proj": 52054.63,
    "buyer_gdp_pc_growth_pct": 4.82,
    "buyer_gdp_mn_growth_pct": 9.11,
    "buyer_pop_growth_pct": 4.1,
    "exports_latest_usd": 37644.99146055048,
    "exports_avg_usd": 511604.55892596114,
    "exports_peak_usd": 1505259.7364048578,
    "share_latest_pct": 0.2700075277639134,
    "share_avg_pct": 1.9148566659424304,
    "share_peak_pct": 8.637087451248888,
    "share_change_1y_pp": 0.013116756004676766,
    "share_trend_pp_per_yr": -0.097839,
    "cagr_full_pct": -9.3995,
    "yoy_avg_pct": 27.4988,
    "yoy_latest_pct": 390.4301,
    "trend_consistency_pct": 51.7241,
    "exports_proj_3y_usd": 27996.15,
    "exports_proj_5y_usd": 22980.48,
    "your_share_gap_pp": 52.039,
    "addressable_proj_3y_usd": 6947227.18,
    "addressable_proj_5y_usd": 6749094.91,
    "peer_best_share_pct": 52.30902861891282,
    "peer_top_exporter": "THA",
    "num_suppliers_latest": 41,
    "buyer_herfindahl_index": 3203.27,
    "distance_km": 3763.475341796875,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.0828000083565712,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0.7272881094344796,
    "lane_max_drawdown_pct": 99.4900605646346,
    "signal_flag": "Slowing",
    "lane_data_years": 30,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "HKG",
    "hs_code": "702000",
    "hs_description": "Glass: articles n.e.c. in chapter 70",
    "hs_chapter": "70",
    "hs_heading": "7020",
    "price_range_label": "Unclassified",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": null,
    "buyer_imports_latest_usd": 13942200.712813515,
    "buyer_imports_avg_usd": 40375315.61430335,
    "buyer_imports_peak_usd": 140833240.25787324,
    "buyer_cagr_full_pct": -1.4363,
    "buyer_yoy_avg_pct": 21.9163,
    "buyer_yoy_latest_pct": 366.6054,
    "buyer_trend_consistency_pct": 51.7241,
    "buyer_imports_proj_3y_usd": 13350034.33,
    "buyer_imports_proj_5y_usd": 12969296.44,
    "buyer_gdp_mn_latest": 368139.247671,
    "buyer_gdp_pc_latest": 49661,
    "buyer_population_latest": 7413.1,
    "buyer_investment_rate": 22.99,
    "buyer_savings_rate": 22.16,
    "buyer_edu_secondary": 92.54,
    "buyer_gdp_mn_2030_proj": 401687.03,
    "buyer_gdp_pc_2030_proj": 52054.63,
    "buyer_gdp_pc_growth_pct": 4.82,
    "buyer_gdp_mn_growth_pct": 9.11,
    "buyer_pop_growth_pct": 4.1,
    "exports_latest_usd": 37644.99146055048,
    "exports_avg_usd": 511604.55892596114,
    "exports_peak_usd": 1505259.7364048578,
    "share_latest_pct": 0.2700075277639134,
    "share_avg_pct": 1.9148566659424304,
    "share_peak_pct": 8.637087451248888,
    "share_change_1y_pp": 0.013116756004676766,
    "share_trend_pp_per_yr": -0.097839,
    "cagr_full_pct": -9.3995,
    "yoy_avg_pct": 27.4988,
    "yoy_latest_pct": 390.4301,
    "trend_consistency_pct": 51.7241,
    "exports_proj_3y_usd": 27996.15,
    "exports_proj_5y_usd": 22980.48,
    "your_share_gap_pp": 52.039,
    "addressable_proj_3y_usd": 6947227.18,
    "addressable_proj_5y_usd": 6749094.91,
    "peer_best_share_pct": 52.30902861891282,
    "peer_top_exporter": "THA",
    "num_suppliers_latest": 41,
    "buyer_herfindahl_index": 3203.27,
    "distance_km": 3763.475341796875,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.0828000083565712,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 1.5,
    "shared_legal_system": 1,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 0.7272881094344796,
    "lane_max_drawdown_pct": 99.4900605646346,
    "signal_flag": "Slowing",
    "lane_data_years": 30,
    "lane_last_year": 2024,
    "access_data_year": 2024,
    "avg_applied_tariff_pct": 0,
    "avg_mfn_tariff_pct": 0,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "rta_coverage_ratio": null,
    "buyer_macro_latest_year": 2024,
    "buyer_gdp_5y_cagr_pct": 2.303516880397938,
    "buyer_gdp_pc_5y_cagr_pct": 2.259425330431597,
    "buyer_population_5y_cagr_pct": 0.04311734573498871,
    "buyer_investment_5y_avg_pct": 23.188,
    "buyer_savings_5y_avg_pct": 22.356,
    "current_below_peak_usd": 1467614.7449443073,
    "current_below_peak_pct": 97.49910327433182,
    "latest_vs_historical_avg_pct": -92.64177951432242,
    "share_change_all_pp": -2.93517,
    "volatility_label": "Variable",
    "drawdown_label": "Still more than 50% below historical peak",
    "competition_label": "Concentrated buyer market",
    "demand_label": "Buyer demand stable or growing",
    "access_label": "Standard market access",
    "macro_resilience_label": "Buyer macro trend resilient",
    "risk_driver_labels": [
      "unrecovered_drawdown",
      "concentrated_buyer_market",
      "dominant_supplier"
    ],
    "risk_driver_count": 3,
    "attention_level": "Watch",
    "primary_risk_reason": "Current trade remains more than 50% below its historical peak"
  },
  "routeHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 659061.6690646436,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 711400.8908316639,
      "yoy_growth_pct": 7.941475619618621,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 1021035.5122865031,
      "yoy_growth_pct": 43.52463223554031,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 320708.5792231953,
      "yoy_growth_pct": -68.58987024799934,
      "cagr_3y_pct": -21.344666891510922
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 479790.0099400126,
      "yoy_growth_pct": 49.60311043194932,
      "cagr_3y_pct": -12.304172170335326
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 55646.49489256261,
      "yoy_growth_pct": -88.40190630490201,
      "cagr_3y_pct": -62.08605385860109
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 191934.14018037578,
      "yoy_growth_pct": 244.91685514235076,
      "cagr_3y_pct": -15.72853357671663
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 133183.7604587046,
      "yoy_growth_pct": -30.60965582593006,
      "cagr_3y_pct": -34.76709929118462
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 165339.5414772646,
      "yoy_growth_pct": 24.143920330685,
      "cagr_3y_pct": 43.76272793271916
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 99751.01233525926,
      "yoy_growth_pct": -39.668991794696765,
      "cagr_3y_pct": -19.60018919268187
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 308263.3447959586,
      "yoy_growth_pct": 209.03279834383787,
      "cagr_3y_pct": 32.278787203229186
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 284465.74667315534,
      "yoy_growth_pct": -7.719892268915407,
      "cagr_3y_pct": 19.826005903092447
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 420671.4208433045,
      "yoy_growth_pct": 47.88122146974918,
      "cagr_3y_pct": 61.562996283688356
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 443520.996776644,
      "yoy_growth_pct": 5.431692005017563,
      "cagr_3y_pct": 12.892242352489426
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 296424.9233727709,
      "yoy_growth_pct": -33.165526428943856,
      "cagr_3y_pct": 1.3821691392133406
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 311462.16911191074,
      "yoy_growth_pct": 5.072868221755322,
      "cagr_3y_pct": -9.53357429863183
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 821095.3075282421,
      "yoy_growth_pct": 163.62601592016023,
      "cagr_3y_pct": 22.789094071169558
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 850171.5695072752,
      "yoy_growth_pct": 3.541155540951979,
      "cagr_3y_pct": 42.079238405334365
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 1146383.862955316,
      "yoy_growth_pct": 34.84147248298521,
      "cagr_3y_pct": 54.39797026842654
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 945774.1038259828,
      "yoy_growth_pct": -17.49935301881972,
      "cagr_3y_pct": 4.8249384541441565
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 861350.8449204986,
      "yoy_growth_pct": -8.92636609143378,
      "cagr_3y_pct": 0.4364072022078114
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 935983.5109421654,
      "yoy_growth_pct": 8.664607048543083,
      "cagr_3y_pct": -6.535638250311249
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 620700.4665560015,
      "yoy_growth_pct": -33.68467934534429,
      "cagr_3y_pct": -13.097643918592928
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 1505259.7364048578,
      "yoy_growth_pct": 142.50984452402514,
      "cagr_3y_pct": 20.451012128941493
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 686680.1362601365,
      "yoy_growth_pct": -54.38128585700471,
      "cagr_3y_pct": -9.809229820417109
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 564559.1861795553,
      "yoy_growth_pct": -17.784255526261195,
      "cagr_3y_pct": -3.110703584464136
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 439431.25671631447,
      "yoy_growth_pct": -22.16382843931698,
      "cagr_3y_pct": -33.662388082009066
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 22765.669257401576,
      "yoy_growth_pct": -94.81928767936995,
      "cagr_3y_pct": -67.87508559843786
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 7675.91300060568,
      "yoy_growth_pct": -66.28294598407167,
      "cagr_3y_pct": -76.1325041828002
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "702000",
      "export_value_usd": 37644.99146055048,
      "yoy_growth_pct": 390.43014762647834,
      "cagr_3y_pct": -55.9169041899733
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 1747569389.5083196,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 1832257683.8506305,
      "yoy_growth_pct": 4.84606189892911,
      "cagr_3y_pct": null,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 1927932470.7085185,
      "yoy_growth_pct": 5.2216883957511895,
      "cagr_3y_pct": null,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 1816970293.2504046,
      "yoy_growth_pct": -5.755501250380157,
      "cagr_3y_pct": 1.3066138204255617,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 2319890142.2633657,
      "yoy_growth_pct": 27.67903530845739,
      "cagr_3y_pct": 8.183316028695774,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 2564629008.215005,
      "yoy_growth_pct": 10.549588598745597,
      "cagr_3y_pct": 9.979289777293765,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 2246772423.89308,
      "yoy_growth_pct": -12.393862165005864,
      "cagr_3y_pct": 7.333943542670407,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 2279354028.6146383,
      "yoy_growth_pct": 1.4501515318183555,
      "cagr_3y_pct": -0.5858687245666627,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 3097720292.343507,
      "yoy_growth_pct": 35.90342936881379,
      "cagr_3y_pct": 6.497451908655494,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 3269945870.3088837,
      "yoy_growth_pct": 5.559752389234718,
      "cagr_3y_pct": 13.325373623156068,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 3977076499.812678,
      "yoy_growth_pct": 21.625147863288575,
      "cagr_3y_pct": 20.388236647793278,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 3873082766.357371,
      "yoy_growth_pct": -2.6148285923141112,
      "cagr_3y_pct": 7.730380152800342,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 5177602497.519559,
      "yoy_growth_pct": 33.68169000914709,
      "cagr_3y_pct": 16.554589867493185,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 6158362450.714366,
      "yoy_growth_pct": 18.942357078679972,
      "cagr_3y_pct": 15.691228731717022,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 6666527354.428994,
      "yoy_growth_pct": 8.251623833145484,
      "cagr_3y_pct": 19.8434480898976,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 8126144743.0207405,
      "yoy_growth_pct": 21.894718359207378,
      "cagr_3y_pct": 16.212260662407708,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 10346854212.378704,
      "yoy_growth_pct": 27.327958577962242,
      "cagr_3y_pct": 18.881523316409865,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 9523771580.054089,
      "yoy_growth_pct": -7.954907022270607,
      "cagr_3y_pct": 12.625422985351875,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 10588632429.839106,
      "yoy_growth_pct": 11.181083469233833,
      "cagr_3y_pct": 9.224091146369396,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 10687242721.387106,
      "yoy_growth_pct": 0.9312844902436446,
      "cagr_3y_pct": 1.084782505978188,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 9678676313.271408,
      "yoy_growth_pct": -9.437105850486338,
      "cagr_3y_pct": 0.5392555338824545,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 10565502868.441578,
      "yoy_growth_pct": 9.162684301717494,
      "cagr_3y_pct": -0.0728656359948121,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 12411530366.44955,
      "yoy_growth_pct": 17.472216145262042,
      "cagr_3y_pct": 5.112222860052307,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 9598855819.183823,
      "yoy_growth_pct": -22.661786775858516,
      "cagr_3y_pct": -0.2756607418389012,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 8302384909.037456,
      "yoy_growth_pct": -13.506515094802252,
      "cagr_3y_pct": -7.720712937192086,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 5758647504.097232,
      "yoy_growth_pct": -30.638634956219278,
      "cagr_3y_pct": -22.58382309818574,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 6786548063.643328,
      "yoy_growth_pct": 17.849687080425625,
      "cagr_3y_pct": -10.913925965122163,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 5896221266.536885,
      "yoy_growth_pct": -13.118993467033292,
      "cagr_3y_pct": -10.781078385942156,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 4469901910.173153,
      "yoy_growth_pct": -24.190397406871288,
      "cagr_3y_pct": -8.097815957938048,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "export_value_usd": 2667695838.030736,
      "yoy_growth_pct": -40.31869397493342,
      "cagr_3y_pct": -26.746373910321275,
      "distance_km": 3769,
      "capital_distance_km": 3769,
      "shares_land_border": 0,
      "shares_official_language": 1,
      "shares_ethnic_language": 1,
      "shared_religion": 0,
      "shared_legal_system": 1,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 368139.247671,
      "importer_gdp_per_capita_usd": 49660.63423817296,
      "importer_population": 7413.1,
      "importer_biz_entry_days": 1.5,
      "importer_biz_entry_cost_pct": 0.5,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": null,
      "scientific_collaboration": 798,
      "avg_applied_tariff_pct": 0,
      "avg_mfn_tariff_pct": 0,
      "avg_preferential_tariff_pct": null,
      "tariff_advantage_pp": null
    }
  ],
  "relatedAnomalies": [
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "710812",
      "market_imports_usd": 41743878490.2161,
      "momentum_yoy_pct": 881312.983340332,
      "anomaly_z_score": 3.9915664466015692,
      "anomaly_type": "spike",
      "anomaly_severity": "99.78916116503923",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "CHN",
      "hs_code": "848620",
      "market_imports_usd": 34193009725.873837,
      "momentum_yoy_pct": 32779.194222158236,
      "anomaly_z_score": 3.1207423798020977,
      "anomaly_type": "spike",
      "anomaly_severity": "78.01855949505244",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "CHN"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "847330",
      "market_imports_usd": 32437253404.79868,
      "momentum_yoy_pct": -99.48236316295385,
      "anomaly_z_score": -2.384467431425413,
      "anomaly_type": "drop",
      "anomaly_severity": "59.61168578563532",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "710812",
      "market_imports_usd": 21528311466.103046,
      "momentum_yoy_pct": 471614.5912097896,
      "anomaly_z_score": 3.681367488809768,
      "anomaly_type": "spike",
      "anomaly_severity": "92.0341872202442",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "KOR",
      "hs_code": "854239",
      "market_imports_usd": 15909752628.038187,
      "momentum_yoy_pct": 963.6188028225067,
      "anomaly_z_score": 4.1058251398481795,
      "anomaly_type": "spike",
      "anomaly_severity": "100",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "KOR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "710812",
      "market_imports_usd": 14067731674.616661,
      "momentum_yoy_pct": 85725.07907115985,
      "anomaly_z_score": 3.8673020105047353,
      "anomaly_type": "spike",
      "anomaly_severity": "96.68255026261838",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Thailand"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "847330",
      "market_imports_usd": 11747584627.6957,
      "momentum_yoy_pct": 314.3558382817881,
      "anomaly_z_score": 3.295197390936888,
      "anomaly_type": "spike",
      "anomaly_severity": "82.3799347734222",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "TWN",
      "hs_code": "848620",
      "market_imports_usd": 10604578489.389444,
      "momentum_yoy_pct": 67816.17736874423,
      "anomaly_z_score": 2.998089349459092,
      "anomaly_type": "spike",
      "anomaly_severity": "74.9522337364773",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Taiwan"
    }
  ],
  "links": {
    "html": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-hkg-702000/index.ld.json",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported trade observations and calculated indicators are shown separately. An unusual movement is a research prompt, not a causal conclusion or commercial forecast.",
    "url": "https://www.yugalinks.com/methodology"
  },
  "generatedAt": "2026-09-03T09:12:14.854Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}