Overview

	2006	2007	2008 (estimated)
Total Market Size	3128	6206	6827
Total Local Production	2000	2200	2420
Total Exports	118986	128157	140972
Total Imports	120114	132163	145379
Imports from the U.S.	5488	5794	6083

All figures are in US$ millions.  The above statistics are unofficial estimates.

Hong Kong’s electronic parts and components imports in 2007 totalled USD 132 billion, a 10% increase over 2006.  The value of U.S. electronic parts and components exports to Hong Kong was USD 5.7 billion in 2007, representing a 5.6% increase over 2006. 

Best Prospects/Services

Hong Kong imports a wide range of electronic parts and components, particularly for computers, telecommunications equipment, telephone apparatus, toys, games, watches /clocks, and audio/visual equipment.  The popularity of the Internet, mobile-commerce, and digitization, as well as new developments and applications in multimedia, will sustain near-term demand for parts and accessories for computers and telecommunications.  Best Products include integrated circuits, switches, diodes, transistors, semi-conductors, capacitors, printed circuits, and parts for computers and telecommunications equipment.

Opportunities

China’s Five-Year Plan in developing the electronic information industry and its WTO membership will sustain continuous demand for electronic parts and components.  The Five-Year-Plan aims to develop 1) local computer hardware including network equipment and products, digital products, peripherals, spare parts, information security products, and applications; 2) software; 3) integrated circuits; 4) communication equipment; and 5) digital visual products.   U.S. companies should be aware of the latest developments in Hong Kong’s technology and focus on Hong Kong and China’s growing demand for high-technology electronics parts and components.

Hong Kong plays an important role in U.S. exports to Mainland China due to its geographical proximity to China and its experience in China trade.  In 2007, 70% of Hong Kong’s total exports of electronic parts and components went to China, totaling approximately USD 89 billion.   Hong Kong re-exported a substantial amount of imported electronic parts and components such as integrated circuits (ICs) and micro-assemblies to China for further production. 

Resources

Major Trade Shows:

Hong Kong Electronics Fair (Spring Edition)
April 14-17, 2008
Venue: Hong Kong Convention and Exhibition Center

ElectronicAsia (http://electronicasia.com)
October 13-16, 2008
Venue: Hong Kong Convention and Exhibition Center

Hong Kong Electronics Fair (http://www.hkelectronicsfair.com)
October 13-16, 2008
Venue: Hong Kong Convention and Exhibition Center

Associations:

The Hong Kong Electronic Industries Association
(www.hkeia.org)

The Hong Kong Printed Circuit Association
http://www.hkpca.org)

Surface Mount Technology Association (Hong Kong Chapter)
(http://www.smta.org/chapters/chapters_detail.cfm?chapter_id=100)

Hong Kong Electronic Packaging & Manufacturing Services Association
www.hkepmsa.org)

For more information about this industry sector, please contact U.S. Commercial Service:

Fanny Chau, Commercial Specialist
Email: fanny.chau@N0SPAM.mail.doc.gov
Tel: 852-2521-3721; Fax: 852-2845-9800