Hong Kong: Exporter Guide Annual
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Hong Kong’s economic growth reached 2.5 percent in 2024, at the lower end of most forecasts. Although Hong Kong government (HKG) officials have taken a number of measures to boost tourism, investment, and economic activity, the city continues to face headwinds including high interest rates and a slumping housing market, which have impacted demand for imported food and beverages. Despite these challenges, Hong Kong’s transparent import regulations, status as a free port and regional hub for transshipment to other markets in Asia, and concentration of high-income consumers make it an appealing and competitive market for U.S. agricultural products. Key U.S. consumer-oriented commodity imports include beef, poultry, seafood, tree nuts, fresh fruit, wine and spirits, and a wide range of prepared foods and snack foods.