Bilateral trade between India and Israel grew from $200 million in 1992 to $4.52 billion in 2014. As of 2014, India is Israel's tenth-largest trade partner and import source, and seventh-largest export destination. India's major exports to Israel include precious stones and metals, organic chemicals, electronic equipment, plastics, vehicles, machinery, engines, pumps, clothing and textiles, and medical and technical equipment. Israel's imports from India amounted to $2.3 billion or 3.2% of its overall imports in 2014. Israel's major exports to India include precious stones and metals, electronic equipment, fertilisers, machines, engines, pumps, medical and technical equipment, organic and inorganic chemicals, salt, sulphur, stone, cement, and plastics. Israeli exports to India amounted to $2.2 billion or 3.2% of its overall exports in 2014. The two countries have also signed a 'Double Taxation Avoidance Agreement'.