The whole world plays with Hong Kong's toys, but the majority of its toys bears the brand names of other companies. As Hong Kong's toy manufacturers moved north to the Pearl River Delta over the past 20 years, more and more toys have been directly exported from mainland China, according to statistics published by the Hong Kong Toy Manufacturer Association. The United States is by far the single largest importer of Hong Kong toys, accounting for half of Hong Kong's toy exports.
Japan is the second largest importer.
Hong Kong enjoyed a double-digit growth in toy exports to the United Kingdom, Germany and Italy during the first half of this year, the article said. Currently, the processing trade accounts for 70 percent of Hong Kong toy exports, meaning Hong Kong does not bear the brand name. Self-owned brands account for 30 percent. Lower tariffs resulting from China's entry into the World Trade Organization should create new opportunities for Hong Kong toy manufacturers, according to Ni Jinhui, vice president of the Hong Kong Toy Manufacturer Association, the article noted.