Hong Kong
Hong Kong and India are each other's 7th largest trade partners. Hong Kong is the fourth largest destination for India's exports, and is also a re-exporter of Indian goods to mainland China.
Bilateral trade totaled $23.7 billion in 2015, declining by 2.9% from the previous year. India exported $10.63 billion worth of goods to Hong Kong, and imported $13.05 billion. The main commodities exported by India to Hong Kong are pearls, precious and semi-precious stones, leather, electrical equipment, cotton, fish, crustaceans, machinery, apparel, organic chemicals, optical and medical instruments, and plastics. The major commodities imported by India from Hong Kong are pearls, precious and semi-precious stones, machinery, optical and medical instruments, clocks and watches, plastics, special woven fabrics, miscellaneous manufactured articles, organic chemicals and paper.