USA - Hong Kong now major market for United States

Hong Kong grew to be the 4th largest market for U.S. F&B exports in 2009, at a time when other major import markets were shrinking. U.S. exports of high value food products to Hong Kong are expected to grow by 15% and top the US$1.4 billion mark by the end of 2009, the largest growth among all U.S. export markets in the world! The demand for U.S. products continues to grow, given the weakened U.S. dollar making U.S. food products more competitive. U.S. food products are well-known for their high quality and reliability of food safety. Hong Kong consumers are increasingly more health and safety conscious due to food scares from neighboring countries. With a relatively stable economy, Hong Kong’s per capita GDP is set to remain at US$30,000 in 2009, one of the highest in the world. Top prospects for U.S. F&B export to Hong Kong include red meat, fresh fruit, tree nuts, poultry meat, processed fruit,
 vegetables, wine, craft beer and cheeses. Wine and beer offer special opportunities as the Hong Kong Government eliminated their excise taxes in 2008 .

Source: usda.com