Hong Kong believes in promoting fair trade and has not imposed restrictions on imports. However to support is domestic industry it has set up a fund “Dedicated Fund on Branding, Upgrading and Domestic Sales” also known as the BUD in order support the fledgling organizations and help them market themselves.
Hong Kong is a small nation and has a small economy as compared to other nations. Thus it does not have enough resources to sustain itself. In terms of natural resources and also in the manufacturing sector it is not self sustainable and hence most of these needs of the country are imported from other nations. Approximately around 41% of the goods are from the retained exports.
Thus it is visible that the exports form an integral part of the economy. This economy is largely dependent on the exports to different nations. However United States and the Mainland are the most common trading partners of Hong Kong. Hong Kong has become an important trading partner for many nations and its economy is highly dependent on the exports. However since a large percentage of the exports is formed of the re exports the actual numbers of the exports need to be calculated by removing these re export numbers from the export numbers (Liu, Kelvin Jimmy).