US-Hong Kong Trade Increases

US-Hong Kong Trade Increases

Donald Tong, Hong Kong Commissioner for Economic and Trade Affairs (fourth left), and Anita Chan, Director of Hong Kong Economic and Trade Office (second right), join guests in a toast.

U.S. goods exports to Hong Kong have been increasing in recent years, said Donald Tong, Hong Kong Commissioner for Economic and Trade Affairs, at a reception organized by the Hong Kong Economic and Trade Office, New York, last week.

“Despite the sluggish economy, the U.S. goods exports to Hong Kong amounted to $37.5 billion in 2012, up 3 percent from 2011, making our city your tenth largest export destination,” Tong said to more than 400 guests from the business, banking and government sectors in the New York tri-state area.

Anita Chan, Director of Hong Kong Economic and Trade Office, who also spoke at the reception, noted the increasing trade ties between Hong Kong and New York.

“The New York State’s exports to Hong Kong grew by a stellar 10 percent last year, making Hong Kong the second largest export destination of New York State just after Canada, and its top export destination in Asia,” Chan said.