Hong Kong: Exporter Guide
Link to report:
Despite its small population at 7.5 million, Hong Kong is the sixth-largest export market for U.S. consumer-oriented agricultural products. Hong Kong has always been an attractive market for innovative U.S. food and beverage products as well as a gateway to the region. Similar to other markets in the world, Hong Kong has been adversely affected by COVID-19. Specifically, the ongoing quarantine requirements imposed on inbound travelers continue to hinder tourism and in-person business activities. This has reduced domestic food demand and imports. The Hong Kong government has launched multiple stimulus measures to help local residents and businesses cope with the COVID-19 adversity and there are signs of recovery. As the pandemic situation improves and borders are to reopen, Hong Kong’s economy is expected to further progress in 2022.
