Browse Data and Analysis

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: USA Pavilions Dazzle at Asia Fruit Logistica and Restaurant & Bar Trade Shows; “Night Vibes” Campaign Must be Affordable To Counter Residents Crossing the Border to Spend

On August 1, 2023, Taiwan’s Council of Agriculture (COA) was transformed into the Ministry of Agriculture (MOA). MOA’s total workforce plans to increase from about 4,770 to 5,300 staff, and the administrative budget is expected to rise by TWD 8.3 billion (USD $260 million) to a total annual budget of TWD 158.9 billion (USD $5 billion).

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Wraps Up Its 2023 In-Store Retail Promotions; Hong Kong Economic Woes Continue as Exports Fall for 15 Consecutive Months

Taiwan's HRI industry has fully bounced back with 2022 revenue surpassing pre-pandemic records. The market has a westernized palate with a high per capita GDP of US$33,004, showing that consumers are not only willing but also more than capable of trying foreign cuisines.

In 2022, Taiwan imported US$ 279.1 million of coffee, an increase of 35.2 percent. It has one of the highest densities of coffee shops in the world.

Hong Kong reopened its borders to the world in late 2022, and with mainland China in early 2023. The slow return of inbound tourism has positively improved the situation of the local hospitality and food service sectors.