Browse Data and Analysis

In 2023, Hong Kong was the 17th-largest market for U.S. agricultural products globally. That same year, the United States exported $1.5 billion of agricultural products and was the third-largest supplier of consumer-oriented food products to Hong Kong after China and Australia.

Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal.

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.

In marketing year (MY) 2023/24, FAS/Cairo forecasts fresh orange exports to reach 2.0 million metric tons (MMT) up from 1.6 MMT in MY 2022/23.

In Egypt, grapes are one of the most widely grown fruit crops, second to citrus. There are many varieties of table grapes produced in Egypt.

The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.

In marketing year (MY) 2022/23, FAS Cairo forecasts fresh orange exports to reach 1.7 million metric tons (MMT) up from 1.3 MMT in MY 2021/22.Post attributes the increase in exports to higher production amid favorable climate conditions.

In 2022, industries report a 35 to 40 percent increase in cultivation costs to reach almost $28,000 per hectare. The increase in costs is due to the challenges of US dollar liquidity and high inflation. In MY 2022/2021, production is expected to reach 1.48 MMT and exports are forecasted at 180,000 MT. In 2022, Egypt added Sri-Lanka and Cameron to the list of importing countries.