Hong Kong is a hub for international trade and financial services and the seat of numerous German companies. Since the spring of 2009, Hong Kong’s interests have been represented by the Hong Kong Economic and Trade Office (HKETO) in Berlin. The Hong Kong Trade Development Council (HKTDC) has a regional office for Europe based in Frankfurt.
There are some 600 German companies, branches and regional offices in Hong Kong. Hong Kong remains an important gateway to the Chinese market for German firms. Hong Kong is used as a base for doing business not only with mainland China but also with Japan, Korea, Southeast Asia, India, Australia and New Zealand. Most of the approximately 3000 Germans living in Hong Kong are businesspeople.
Institutionally, German business can rely on the support of the Delegation of German Industry and Commerce, the German Chamber of Commerce Abroad (AHK), a Germany Trade and Invest (GTAI) correspondent, a German National Tourist Board (GNTP) office, several trade fair associations and the German Consulate General.
Germany is Hong Kong’s most important trading partner in the EU with trade totalling approximately 4.5 billion euro (2019). Germany’s main exports to Hong Kong are automobiles, machinery, electrical and electronic goods, as well as luxury goods and foodstuffs.
Germany is also viewed as an experienced partner in the environmental sector. The application of innovative environmental technologies focuses on air pollution control, waste disposal and energy efficiency in Buildings.