Hong Kong Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in Hong Kong, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals.
Select Country Guide
Market Opportunities-Hong Kong & Macau
Last published date:

Hong Kong 

U.S. exports to Hong Kong: In 2024, the United States exported US$27.9 billion in goods to Hong Kong, much of which were transshipped to mainland China and other regional markets.  The top export categories from the United States to Hong Kong include electrical machinery, precious metal and stone, art and antiques, machinery, and agricultural products.

Best prospects for U.S. suppliers: Leading export sectors for U.S. firms include electronic components, medical equipment and pharmaceuticals, aviation and airport equipment, transportation infrastructure, financial services, education and training services, travel and tourism services, retail, and consumer goods such as packaged food, wine, cosmetics, and toiletries. Innovation and technology initiatives being undertaken by the Hong Kong government with focuses on healthcare, financial services, sustainability, and infrastructure development also present opportunities for U.S. technology providers.  

Hong Kong public infrastructure projects are in various stages of planning, execution, and completion. Completed projects include the Ocean Park amusement park enhancement, the Harbor Area Treatment Scheme, and multiple subway and light rail lines. New and ongoing projects include the Hong Kong International Airport Expansion Plan, Lantau Tomorrow, tourism infrastructure, and city improvement plans. The Northern Metropolis (NM) project, proposed by former Chief Executive Carrie Lam in 2021 to develop an innovation and technology hub near the border with mainland China, involves developing buildings and facilities with a projected gross floor area of 70 million square feet and up to 190,000 residential units. As of March 2026, Hong Kong’s NM is accelerating development to become a major IT and residential hub, with HK$140 billion (US$18 billion) in railway expansion planned.    

Hong Kong-based private procurement: Hong Kong is home to many procurement agents and purchasing offices.  Many purchasing decisions for major projects and conglomerates in Macau, mainland China, or other regional economies are made in Hong Kong.

Sustainability: Awareness and prioritization of climate-related issues have rapidly grown in Hong Kong, creating opportunities in sustainable finance, climate resilience, and sustainable business.  Demand for tools and services that can help companies reach their environmental goals is very high, and environmental performance is increasingly a major consideration for consumers and firms alike.

SelectUSA: Established in 2011 by Executive Order of the President, SelectUSA is a government-wide initiative to promote foreign direct investment (FDI) in the United States to create jobs, spur economic growth, and promote American competitiveness. In this regard, SelectUSA works in partnership with state, regional, and local economic development organizations to promote FDI into the United States. Hong Kong has historically served as an important market for attracting foreign investment to the United States given its status as a regional business hub. SelectUSA has traditionally attracted Hong Kong and Chinese companies to participate in regional workshops and the SelectUSA Summit due to Hong Kong’s role as a commercial and financial hub through which over 60 percent of China’s overseas investment flows. The SelectUSA program in Hong Kong benefits from the multitude of FDI-supporting service providers (such as consultants, law firms, financial service providers, etc.) who help assist with inbound FDI into the United States.  For enquiries, please visit SelectUSA or contact: (202) 482-6800 / +852 2521-1467 in Hong Kong.

Macau

In 2024, U.S. goods exports to Macau totaled $281 million, driven heavily by luxury items and consumer goods, with jewelry ($115M), beauty products ($47.8M), and frozen bovine meat ($34.9M) being top categories. U.S. goods exports to Macau in 2025 totaled $208.4 million, representing a 25.9% decrease ($72.9 million) from 2024, according to ustr.gov.  

U.S. Export Opportunities: Macau’s hospitality sector has historically created demand for food/beverage products and services and related hospitality consumables. Other opportunities include healthcare, gaming equipment; architectural services; energy-efficient lighting, HVAC systems, and “smart building” systems; recreational and sports equipment; building security equipment; hotel, restaurant, and resort management training services; computer and financial software; and meetings, incentives, conventions, and exhibitions (MICE) services. 

Major Construction Projects: Most casino and hotel expansion projects on the Macau Peninsula and the Cotai Strip were completed in 2021, including the Wynn Palace Phase 2, the SJM’s Grand Lisboa Palace Resort, and Sands China’s mega integrated resort The Londoner. The 4th harbor crossing bridge linking the Macau Peninsula and Taipa officially opened in October 2024, spanning 3.1 kilometers with eight lanes for two-way traffic. Another major infrastructure project is the ongoing expansion of Macau’s Light Rail Transit System, which saw the completion of two branch lines connecting Seak Pai Van and Hengqin in November and December 2024 respectively, while an east line extending the network to the Border Gate remains under construction and is expected to be completed and operational by 2029. A land reclamation project covering 129 hectares to expand Macau International Airport’s capacity to 15 million passengers per year began in November 2024 and is expected to be completed by 2030

Hengqin Island and Regional Development in Zhuhai, PRC: Hengqin Island in Zhuhai, adjacent to Macau’s Taipa and Coloane islands is another area of focus for the Macau SAR and is intended to facilitate the integration of Guangdong Province and the Macau SAR. Several planned projects have been reported in the press, including resorts, hotels, integrated retail and convention centers, luxury villas, education facilities and other service areas in Hengqin and elsewhere in Zhuhai. Notably, these projects will not include gaming facilities. With focused planning and support from Beijing, Hengqin could help diversify Macau’s economy beyond gaming. In March 2024, Hengqin authorities introduced a two-tier closed customs clearance system, with the first tier at the Hengqin-Macau boundary allowing relaxed customs administration for people and goods, and the second tier at the Hengqin-mainland China border upholding stringent customs controls. This suggests an intention to align and integrate Hengqin economically and commercially with Macau, which may help with economic diversification of Macau. In 2024, the number of Macau-invested enterprises in Hengqin exceeded 6,600, marking a 44 percent increase compared to three years earlier.

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

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As a beta product, the Chatbot is currently being tested and its responses may occasionally produce inaccurate or incomplete information. The Chatbot is trained to decline out of scope or inappropriate requests. The Chatbot’s knowledge is limited to the public information on the Export Solutions web pages of Trade.gov, which covers a wide range of topics on exporting. While it cannot provide responses specific to a company’s product or a specific foreign market, its reference pages will guide you to other relevant government resources and market research. Always double-check the Chatbot’s responses using the provided references or by visiting the Export Solutions web pages on Trade.gov. Do not use its responses as legal or professional advice. Inaccurate advice from the Chatbot would not be a defense to violating any export rules or regulations.

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The Chatbot supports a wide range of languages. Because the Chatbot is trained in English and responses are translated, you should verify the translation. For example, the Chatbot may have difficulty with acronyms, abbreviations, and nuances in a language other than English.

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