Price is Important, and . . . Hong Kong importers consider several factors before purchasing new products. Reliability of supply, quality and price are all important considerations. A great deal of emphasis is placed on relationship building. Personal interaction can help Hong Kong importers to better understand the operations of their Canadian partners and lead to a more favourable representation of the products they are trying to distribute.
Price remains, however, a crucial determinant in purchasing decisions.
Even though Hong Kong is recovering well from the recent Asian economic turmoil, both business people and consumers, remain price conscious. There are very few regulatory restrictions on the importation of fish and seafood products to Hong Kong. Hong Kong's Public Health and Municipal Services Ordinance and its subsidiary regulations prescribe precise hygiene, health, packaging and labelling requirements. Canadian exporters should consult with local importers on packaging issues. The Opportunities for Canada Exporting products to Hong Kong is not an opportunity every Canadian fish and seafood exporter should pursue.