Hong Kong: Good Market Prospects for Organic Products
The Hong Kong market is signaling good prospects for organic products. Over the last decade, sales of organic products from locally certified farms/plants have grown steadily at an average rate of about 10 percent. In 2021, U.S. fresh and chilled organic exports to Hong Kong dropped 11 percent to $10 million compared to 2020 but held above the five-year average. In addition, the slowdown in U.S. organic exports was far less than the 20 percent decline in conventional U.S. exports. While most U.S. agricultural exports faced shipping logistics challenges last year, the smaller contraction in U.S. exports of organic products reflects the growing popularity of these products in Hong Kong. The city remains the seventh largest destination for U.S. organic exports. A recent survey shows that vegetables and fruits were the most preferred organic products among Hong Kong consumers. Hong Kong allows the use of foreign organic logos and allows the sale of products carrying the USDA organic seal.