India to Hong Kong: Ras Export Trade Route
India has recorded 91 verified shipments of Ras exported to Hong Kong, representing a combined trade value of $815.6K USD. This corridor is served by 31 active Indian exporters, with an average shipment value of $9.0K USD. The leading Indian exporter is CIPLA LIMITED, which accounts for 66% of total export value with 7 shipments worth $538.3K USD. On the buying side, SUCCEED HOLDINGS LTD. is the largest importer in Hong Kong with $538.3K USD in purchases. The top 3 suppliers — CIPLA LIMITED, RELIANCE LIFE SCIENCES PRIVATE LIMITED, AUROBINDO PHARMA LIMITED — together control 98% of total trade value on this route. All data sourced from Indian Customs (DGFT) shipping bill records. Values reported in FOB USD.
Route Intelligence Overview
The India to Hong Kong Ras corridor is one of India's established pharmaceutical export routes, with 91 shipments documented worth a combined $815.6K USD. The route is dominated by CIPLA LIMITED, which alone accounts for roughly 66% of all export value, reflecting the consolidated nature of India's ras manufacturing sector.
Across 31 active suppliers, the average shipment value stands at $9.0K USD — a figure that reflects both bulk commercial orders from large pharmaceutical companies and smaller specialty shipments. Sea freight dominates at 83% of all shipments, consistent with ras's non-urgent bulk-order profile.
Shipment activity peaks during January–March, with an average transit time of 31 days port-to-port. The route has recorded an annual growth rate of 18.2%, placing it at rank #7 among India's top ras export destinations globally.
On the import side, key buyers of Indian ras in Hong Kong include SUCCEED HOLDINGS LTD., HOPERAY INTERNATIONAL CO., LTD., TO NANYANG COMMERCIAL BANK LIMITED and 22 others. SUCCEED HOLDINGS LTD. is the single largest importer with 7 shipments valued at $538.3K USD.
Route Characteristics
- Average transit31 days
- Peak seasonQ1
- Primary modeSea freight
- Top portCHENNAI SEA (INMAA1)
Market Position
- Global rank#7
- Annual growth+18.2%
- Demand growth+17.5%
- Regulatory ease88/100
Top 10 Indian Ras Exporters to Hong Kong
Showing top 10 of 31 Indian suppliers exporting Ras to Hong Kong, ranked by total trade value (USD)
| Rank | Supplier (Indian Exporter) | Shipments | Total Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | CIPLA LIMITED Avg $76.9K per shipment | 7 | $538.3K | 66.0% |
| 2 | RELIANCE LIFE SCIENCES PRIVATE LIMITED Avg $49.5K per shipment | 5 | $247.5K | 30.3% |
| 3 | AUROBINDO PHARMA LIMITED Avg $9.8K per shipment | 1 | $9.8K | 1.2% |
| 4 | F2T TRADEMART INDIA (OPC) PRIVATE LIMITED Avg $3.1K per shipment | 2 | $6.1K | 0.8% |
| 5 | FABSTOR Avg $721 per shipment | 7 | $5.0K | 0.6% |
| 6 | AADI MED PRIVATE LIMITED Avg $1.3K per shipment | 1 | $1.3K | 0.2% |
| 7 | F2T TRADEMART INDIA (OPC) PRIVATE LIMITED Avg $29 per shipment | 25 | $723 | 0.1% |
| 8 | VASUDEV EXPOHOUSE PRIVATE LIMITED Avg $630 per shipment | 1 | $630 | 0.1% |
| 9 | RDR IMPEX PRIVATE LIMITED Avg $309 per shipment | 2 | $618 | 0.1% |
| 10 | BATRA ENTERPRISES Avg $295 per shipment | 2 | $590 | 0.1% |
This table shows the top 10 of 31 Indian companies exporting ras to Hong Kong, ranked by total trade value. The listed exporters are: CIPLA LIMITED, RELIANCE LIFE SCIENCES PRIVATE LIMITED, AUROBINDO PHARMA LIMITED, F2T TRADEMART INDIA (OPC) PRIVATE LIMITED, FABSTOR , AADI MED PRIVATE LIMITED, F2T TRADEMART INDIA (OPC) PRIVATE LIMITED , VASUDEV EXPOHOUSE PRIVATE LIMITED, RDR IMPEX PRIVATE LIMITED, BATRA ENTERPRISES . CIPLA LIMITED is the dominant supplier with 7 shipments worth $538.3K USD, giving it a 66% market share. The top 3 suppliers together account for 98% of the total trade value on this route.
Showing top 10 of 31 total Indian exporters on the India to Hong Kong Ras export route.
Top 10 Ras Importers in Hong Kong
Showing top 10 of 25 known buyers in Hong Kong receiving Ras shipments from India, ranked by import value
On the receiving end of this trade route, the leading importers of Indian ras in Hong Kong include SUCCEED HOLDINGS LTD., HOPERAY INTERNATIONAL CO., LTD., TO NANYANG COMMERCIAL BANK LIMITED, NA, BHAVIKA STORE, among 25 total buyers. The largest importer is SUCCEED HOLDINGS LTD., accounting for $538.3K USD across 7 shipments — representing 66% of all ras imports from India on this route.
| Rank | Importer / Buyer | Shipments | Import Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | SUCCEED HOLDINGS LTD. | 7 | $538.3K | 66.0% |
| 2 | HOPERAY INTERNATIONAL CO., LTD. | 3 | $247.5K | 30.3% |
| 3 | TO NANYANG COMMERCIAL BANK LIMITED | 1 | $9.8K | 1.2% |
| 4 | NA | 14 | $6.3K | 0.8% |
| 5 | BHAVIKA STORE | 3 | $6.2K | 0.8% |
| 6 | TO | 1 | $1.3K | 0.2% |
| 7 | To The Order | 3 | $892 | 0.1% |
| 8 | BHAVIKA STORE | 28 | $859 | 0.1% |
| 9 | HSBC BANK | 2 | $785 | 0.1% |
| 10 | HSBC BANK | 2 | $590 | 0.1% |
Showing top 10 of 25 Ras importers in Hong Kong on this route.
Top 10 Ras Formulations Imported by Hong Kong
Showing top 10 of 58 product formulations shipped on the India to Hong Kong Ras route, ranked by trade value
Hong Kong imports a wide range of ras formulations from India, spanning tablets, capsules, suspensions, and combination drugs. The top formulation — GCSF DS (FILGRASTIM CONCENTRATED SOLUTION) B/N:GCSDS24006 D/M:AUG-2024 D/E:JUL-2026 — accounts for $82.5K USD across 1 shipments. There are 58 distinct product descriptions in the dataset, reflecting the variety of dosage forms and strengths imported.
| Rank | Product Formulation | Shipments | Trade Value (USD) | Market Share |
|---|---|---|---|---|
| 1 | GCSF DS (FILGRASTIM CONCENTRATED SOLUTION) B/N:GCSDS24006 D/M:AUG-2024 D/E:JUL-2026 | 1 | $82.5K | 10.1% |
| 2 | GCSF DS (FILGRASTIM CONCENTRATED SOLUTION) B/N:GCSDS24007 D/M:SEP-2024 D/E:AUG-2026 | 1 | $82.5K | 10.1% |
| 3 | GCSF DS (FILGRASTIM CONCENTRATED SOLUTION) B/N:GCSDS24009 D/M:SEP-2024 D/E:AUG-2026 | 1 | $82.5K | 10.1% |
| 4 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.3035 PACK 10 X 10'S = 303500 NOS) | 1 | $77.8K | 9.5% |
| 5 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.3025 PACK 10 X 10'S = 302500 NOS) | 1 | $77.5K | 9.5% |
| 6 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.3010 PACK 10 X 10'S = 301000 NOS) | 1 | $77.1K | 9.5% |
| 7 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.3000 PACK 10 X 10'S = 300000 NOS) | 1 | $76.9K | 9.4% |
| 8 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.3000 PACK X10X10'S=300000 NOS) | 1 | $76.7K | 9.4% |
| 9 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.2982 PACK 10 X 10'S = 298200 NOS) | 1 | $76.4K | 9.4% |
| 10 | DUPROST 0.5 MG CAPSULES (DUTRASTERIDE 0.5 MG) (INV QTY.2965 PACK 10 X 10'S = 296500 NOS) | 1 | $76.0K | 9.3% |
Showing top 10 of 58 Ras formulations imported by Hong Kong on this route.
Shipping & Logistics Analysis
Freight mode split and port-of-origin breakdown
Freight Mode Distribution
Sea freight dominates at 83%, typical for bulk pharmaceutical shipments.
Top Ports of Origin
CHENNAI SEA (INMAA1) handles the highest volume with 25 shipments. Transit time averages 31 days by sea.
Market Dynamics
India's ras exports to Hong Kong are driven primarily by a handful of large-scale manufacturers. CIPLA LIMITED with 7 shipments leads the pack, a pattern common in generic pharmaceutical corridors where manufacturing scale creates significant cost advantages. The presence of 31 active exporters signals a competitive but concentrated market — buyers in Hong Kong benefit from supplier diversity while the top tier handles the majority of volume.
The top 3 suppliers — CIPLA LIMITED, RELIANCE LIFE SCIENCES PRIVATE LIMITED, AUROBINDO PHARMA LIMITED — together account for 98% of total trade value on this route. The average shipment value of $9.0K USD reflects a mix of bulk commercial orders and smaller specialty shipments.
Beyond the primary product category, shipments on this route include closely related formulations such as gcsf ds (filgrastim concentrated solution) b/n:gcsds24007 d/m:sep-2024 d/e:aug-2026 and gcsf ds (filgrastim concentrated solution) b/n:gcsds24009 d/m:sep-2024 d/e:aug-2026, suggesting that buyers in Hong Kong tend to consolidate orders across related product lines from the same Indian supplier.
On the buying side, SUCCEED HOLDINGS LTD. is the largest importer with 7 shipments worth $538.3K USD — representing 66% of all ras imports from India on this route. A total of 25 buyers are active on this corridor.
Route Statistics
- Trade Volume
- $815.6K
- Avg. Shipment
- $9.0K
- Suppliers
- 31
- Buyers
- 25
- Transit (Sea)
- ~31 days
- Annual Growth
- +18.2%
Related Analysis
Other Ras Routes
Unlock the Full India to Hong Kong Ras Dataset
TransData Nexus provides verified shipment-level records, supplier contact details, HS code breakdowns, real-time pricing benchmarks, and regulatory compliance guides for 91 shipments on this route.
Frequently Asked Questions — India to Hong Kong Ras Trade
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
Q Which Indian companies export Ras to Hong Kong?
The leading Indian exporters of Ras to Hong Kong are CIPLA LIMITED, RELIANCE LIFE SCIENCES PRIVATE LIMITED, AUROBINDO PHARMA LIMITED. CIPLA LIMITED holds the largest market share at approximately 66% of total trade value on this route.
Q What is the total value of Ras exports from India to Hong Kong?
India exports Ras to Hong Kong worth approximately $815.6K USD across 91 recorded shipments. The average value per shipment is $9.0K USD.
Q Which ports does India use to ship Ras to Hong Kong?
The most active port of origin is CHENNAI SEA (INMAA1) with 25 shipments. Indian exporters primarily use sea freight for this route, with 83% of shipments going by sea and 29% by air.
Q How long does shipping take from India to Hong Kong for Ras?
The average transit time for Ras shipments from India to Hong Kong is approximately 31 days. Sea freight typically takes longer, while air freight can reduce this significantly for urgent orders. Peak shipping activity is observed during January–March.
Q Is the India to Hong Kong Ras trade route growing?
Yes — this trade corridor has seen an annual growth rate of approximately 18.2% with demand growth tracking at 17.5%. The route is ranked #7 among India's top Ras export destinations globally.
Q How many suppliers are active on the India to Hong Kong Ras route?
There are currently 31 active Indian suppliers exporting Ras to Hong Kong. The market is moderately concentrated with CIPLA LIMITED accounting for 66% of total shipment value.
Q Who are the main importers of Ras from India in Hong Kong?
The leading importers of Indian Ras in Hong Kong include SUCCEED HOLDINGS LTD., HOPERAY INTERNATIONAL CO., LTD., TO NANYANG COMMERCIAL BANK LIMITED, NA, BHAVIKA STORE. SUCCEED HOLDINGS LTD. is the largest buyer with 7 shipments worth $538.3K USD.
Official References & Regulatory Resources
- India Trade Statistics (DGFT)
- Invest India — Pharma Sector
- WCO HS Nomenclature
- Ministry of Commerce — Pharma Exports
- Pharmexcil
Data sourced from Indian Customs (DGFT) records. Verify regulatory and trade status with the agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Route Identification: India to Hong Kong export trade corridor identified from Indian Customs (DGFT) records for Ras.
- 2.Supplier/Buyer Matching: 31 Indian exporters and 25 importers in Hong Kong matched using name normalization.
- 3.Value Aggregation: Total export value aggregated from 91 verified shipping bill records. Values are FOB in USD.
- 4.Market Share Analysis: Each supplier and buyer contribution calculated as a percentage of total route value. Statistical normalization applied to ensure accurate representation across varying shipment sizes.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
91 Verified Shipments
31 Indian exporters tracked
Expert-Reviewed
By pharmaceutical trade specialists