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Imports from Hong Kong on the rise as trade gap with China narrows
India's trade deficit with China is on a downward trajectory, and hit a 5-year low in FY20 due to lower imports and higher exports, but trade deficit with Hong Kong continues to rise.
India-Hong Kong trade increases by 40% in H1CY17
The top 30 trading partners of Hong Kong include China, the US, Taiwan, Japan and Singapore