In 2020, Alberta exported $238.6M worth of goods to Hong Kong, making it the 11th ranked country in terms of Alberta's exports.
In 2020, Alberta exported $238.6M worth of goods to Hong Kong, making it the 11th ranked country in terms of Alberta's exports.
About Hong Kong
Fast Facts
Alberta Exports To Hong Kong
VALUE OF ALBERTA EXPORTS TO Hong Kong
2023
$193.1M
-13.2% y/y
TRADING PARTNER RANK
#22
Hong Kong Imports
VALUE OF Hong Kong IMPORTS
2022
$825.1B
+4.7% y/y
TOP IMPORT MARKETS
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1. China 42.8%
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2. Taiwan 8.8%
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3. Singapore 7.9%
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4. South Korea 5.3%
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5. Japan 5.1%
Alberta-Hong Kong Relations
- The Canada-Hong Kong Foreign Investment Promotion and Protection Agreement (FIPA) entered into force on September 6, 2016. This FIPA establishes a framework for governing foreign investments between Canada and Hong Kong and provides Canadian investors operating abroad with additional legal protections.
- Hong Kong remains an important global hub for the financial services industry and is a key location in Asia for companies to look for investment financing.
- Since 1981, Alberta has maintained an international office in Hong Kong to promote trade and investment.
- An estimated 295,000 Canadians live and work in Hong Kong, one of the largest Canadian expatriate communities.
Hong Kong Industries
Agri-Foods - /market-profiles/hong-kong/agri-foods/
Hong Kong is an attractive market for imported food products, particularly from Canada due to its reputation for food safety.
Creative Industries - /market-profiles/hong-kong/creative-industries/
Opportunities exist in Hong Kong for the Alberta media industry in film and tv program distribution, film financing, co-production and international collaboration.
Education and Training - /market-profiles/hong-kong/education-and-training/
In 2017, Hong Kong sent 3,990 students to Canada, making the 16th largest source of students to Canada.
Environmental Technology - /market-profiles/hong-kong/environmental-technology/
Hong Kong's Climate Action Plan 2030+ and its new waste management and recycling initiatives will create increasing opportunities for Alberta companies in environmental technology.
Innovation, Technology Development and Entrepreneurship - /market-profiles/hong-kong/innovation-technology-development-and-entrepreneurship/
Hong Kong has a large and rapidly growing innovation and technology industry.
Contacts
For more information on Alberta’s trade and relationship with this market please contact:
Export Services
Investment Services
Invest Alberta
Email: info@investalberta.ca
International Offices