Hong Kong: Retail Foods
Link to report:
Hong Kong is the sixth-largest export market for U.S. consumer-oriented agricultural products by value. Hong Kong is an attractive market for innovative U.S. food and beverage products as well as a gateway to the region. In 2020, Hong Kong’s retail food sector sales maintained at $12.7 billion, and the stable trend is expected to continue. The Hong Kong Government has launched multiple stimulus measures to help local residents and businesses cope with the COVID-19 adversity, and Hong Kong’s economy is expected to pick up in the latter half of 2021 when the coronavirus situation improves.
