Import / Export / Wholesale and Retail Trades

Import/Export/Wholesale and Retail Trades comprise import of goods and services for domestic wholesaling or re-export; domestic wholesale trade; and resale of new and used goods. Hong Kong’s Import/Export/Wholesale industries contribute around 19% Gross Domestic Product (GDP) with over 500,000 employees in Hong Kong. According to the statistics, Hong Kong’s merchandise export and import registered a notable growth of 8% and 8.7% in 2017 respectively. The global economy continues its relatively fast recovery and the momentum is expected to carry over. In addition, it creates fresh demands and business opportunities with the support of various national strategic plans, e.g. the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), which provides a window of opportunities for Hong Kong business to gain greater access to the Mainland Market, the “Belt and Road Initiative” promotes closer economic cooperation/connectivity among countries and drive the growth of international trade and the “Guangdong-Hong-Kong-Macao Bay Area” would become one of the world’s major city clusters and definitely bring golden opportunities and prospects for Guangdong, Hong Kong and Macao.