Hong Kong: 2021 US Agriculture Trade to Hong Kong Data Highlights

  |   Attaché Report (GAIN)   |   HK2022-0037

In 2021, the total value of U.S. agricultural and food exports to Hong Kong dropped 12 percent compared to 2020, continuing its decline from the 2017 peak and reaching its lowest level since 2008. The overall drop in exports was driven primarily by lower sales of consumer-ready products which offset recoveries in other product categories. Over the last two years, Hong Kong’s measures under its “zero-COVID-19” policy and global shipping logistic have further tempered U.S. agricultural exports to Hong Kong. Nonetheless, U.S. exports of wine and related products, condiments and sauces recovered while sales of processed fruits and distilled spirits held steady. In addition, last year’s exports of U.S. live breeding pigs grew eleven-fold highlighting local farmer’s interest in quality and healthy breeding stocks.

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