Ragusan trade with India consisted of the settlement and trading post of São Braz on the eastern tip of the Island of Goa. The colony was established by Croat merchants in 1530-35, shortly after the Portuguese conquest of Goa in 1510. It was economically successful for a while, mainly dealing in Indian spices and textiles. However, clashes with the Portuguese, unstable conditions at home and the 1667 Dubrovnik earthquake led to the decline of this endeavor.