Hong Kong: as the Gateway to Asia and China

9/13/2021 10:00 am - 11:00 am
Online

Opportunities in Hong Kong and Asia. The United States is a major trading partner to Hong Kong. In 2019, the United States exported $30.78 billion in goods to Hong Kong, much of which was transshipped to mainland China and other regional markets. Hong Kong ranked 4th in exports from Illinois in 2019 with $1.59 Billion. The top export categories from the U.S. to Hong Kong include electrical machinery, precious metal and stone, art and antiques, machinery, and agricultural products.

Hong Kong is a dynamic export market for U.S. agricultural products. Total U.S. agricultural exports reached US $3.1 billion in 2019, making Hong Kong the 9th-largest market for U.S. food and agricultural exports. For U.S. consumer-oriented exports, Hong Kong ranked 6th in 2019, with exports reaching US $2.8 billion. Hong Kong consumers are willing and able to pay for higher- quality goods.

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