HK Economy- Highlight
17 July 2018
2018 Outlook Upbeat Despite the Ongoing Sino-US Trade Dispute: The Hong Kong Gifts & Premium Fair Survey
HKTDC conducted face-to-face interviews with 441 exhibitors and 503 buyers attending the Hong Kong Gifts & Premium Fair 2018. The survey results suggest that the industry is displaying increasing optimism despite heightening Sino-US trade tension. Although sales prospects are expected to moderate in some key emerging markets, promotional gifts will continue to present the biggest potential and figurines and decorations are set to shine online.
With the US ramping up trade tensions not just with mainland China, long seen as its prime adversary, but also with many of its closest allies, the export environment has seldom seemed so forbidding. For concerned Hong Kong businesses, however, there are a wide range of customs strategies, international regulations and export options that should allow them to ride out this particular storm.