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The implementation of the CAFTA-DR agreement and favorable market conditions have resulted in more franchises and supermarkets.
Hong Kong’s biotech situation has not changed over the past year. Hong Kong has no GE animal production with crop production limited to GE papayas for self-consumption.
Honduras allows commercial production of genetically engineered (GE) crops. As of October 2016, planted GE corn areas increased by 13 percent to 38,700 hectares from the previous year.
Eleven U.S. exhibitors reported $100,000 in projected sales following a successful participation in the Hong Kong Food Expo held in Hong Kong August 11-13, 2016.
Twenty-five U.S. exhibitors reported US$850,000 on-site sales and US$5.25 million in projected sales following a successful Seafood Expo Asia 2016 trade show held in Hong Kong September 6-8.
Sixteen U.S. exhibitors reported over $100,000 in projected sales following their successful participation in the Natural and Organic Products Asia trade show held in Hong Kong...
Fourteen U.S. exhibitors reported over $7.67 million in sales following a successful Asia Fruit Logistica 2016 trade show held in Hong Kong September 7-9.
In 2016, U.S. pork exports to Hong Kong have shown a positive upward trend due to competitive pricing.
Bar chart showing annual growth in U.S. agricultural exports to top destinations.
At a combined $23.8 billion, China and Hong Kong represent 18 percent of U.S. agricultural exports to the world, up from 10 percent just a decade ago.
Since the United States entered into the CAFTA-DR trade agreement, U.S. agricultural exports to the six CAFTA-DR countries have more than doubled.
U.S. exhibitors reported strong results at Vinexpo Hong Kong 2016 with projected sales in the next 12 months of over USD1 million.