Browse Data and Analysis

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Hong Kong Encourages Healthier Lifestyle with U.S. Food Ingredients; Hong Kong to Hold 5-month Day & Night Vibes Campaign; New Survey on Hongkongers’ Cross-border Consumption...

Corn production in South Africa is off to a reasonable start in marketing year 2023/24 after decent rainfall was recorded over most of the corn-producing areas.

Farmland in Hong Kong is limited. In 2022, local agricultural production (livestock and crops) yielded about $173 million worth of fresh food. Hence, Hong Kong relies on imports of fresh produce to feed its 7.3 million residents.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Celebrates the Holidays with U.S. Food Ingredients and Wine; Hongkongers Make 1.32 Million Outbound Trips Over Christmas Break...

This report serves as a second reminder to U.S. exporters and traders that the Hong Kong Government (HKG) does not allow entry of U.S. poultry and egg products originating from affected counties reporting highly pathogenic avian influenza (HPAI) when the bill of lading falls on or after the effective date of a ban.

The Hong Kong economy has been recovering since the reopening of its borders to the world in late 2022, and to mainland China in early 2023. In the third quarter, Hong Kong’s economy grew 4.1 percent year-on-year.

U.S. wine, poultry, rice, and beef are gaining in popularity as the Ghanaian HRI industry looks to expand their offerings to attract more hi-end business.

Senegal will begin oil and gas production in 2024 which is expected to be a major factor in strong economic growth going forward. Increased purchasing power, in combination with population growth, increasing urbanization, and an expanding middle-and-upper class, should provide new opportunities for U.S. suppliers to enter the market.

Post forecasts 2024 imports will be fall by 4.5 percent to 210,000 metric tons (MT). Since the presidential elections in 2022, Angolan chicken meat imports have been decreasing due to devaluation of the Angolan currency (kwanza) and growing food price inflation.

Kenya’s consumer-oriented food imports increased 9 percent to $529 million in 2022. This increase was fueled by a positive economic recovery from COVID-19-related disruptions, a sound macroeconomic environment, and a shift in consumer preferences towards convenience, variety, and international cuisines.

South Africa is an important market for agricultural products from the United States. The country is a favorable site for enterprises due to its developing market, which facilitates the effective transportation of both imported and domestically produced agricultural products to major urban centers and the greater Southern Africa region.

Bite size local news, Post reports and activity summaries wrapped by ATO Hong Kong. In this issue: ATO Brings Renaissance of American Spirits to Hong Kong’s Vibrant Cocktail Scene; Hong Kong Corporate Governance Tumbles to Decades Low...