Under the impact of the Wuhan pneumonia, some vegetable exports to Hong Kong are rising against the trend; prospects for grouper and fourfinger threadfin and meat products

COVID-19 (Wuhan pneumonia) has affected Taiwan's agricultural exports to China, and all parties are looking for alternative markets, with Hong Kong the most frequently mentioned. In Jiangjun Township, where carrots are currently in harvest season, orders to Hong Kong have already accumulated 400 metric tons in two weeks. Is it feasible to use Hong Kong to reduce dependence on the Chinese market?

News & Market takes stock of major agricultural, fishery and livestock exports,Restaurant-use ingredients have been greatly reduced by the pandemic (such as grouper), but demand for fourfinger threadfin for household consumption remains unchanged, demand for essential vegetables has increased, fruit has been slightly affected, and luxury goods such as tea have also been affected. Frozen meat products are currently holding steady, but after Taiwan's meat products were declared free of foot-and-mouth disease last year, Hong Kong and Singapore both show strong interest in Taiwan's meat products, and manufacturers will also develop new products for the Hong Kong market. ⟧7⟧The Council of Agriculture's International Affairs Department believes that Hong Kong relies on imports for food, and Taiwan's advantages in exporting to Hong Kong include short transport time, low tariffs, and the subsequent ability to re-export to China. Demand has temporarily increased because of the pandemic, and efforts will continue so that the market is retained after the pandemic. Agricultural expert Jiao Jun said that overseas offices, trade associations and other agencies should be asked to go to various places (not limited to Hong Kong) to understand the real consumer demand in local markets; whether for export or domestic sales, everything must start from consumer demand.

The International Affairs Department of the Council of Agriculture believes that since Hong Kong, China relies on imported food, Taiwan's advantages in exporting to Hong Kong, China include short shipping times and low tariffs, and goods can subsequently be re-exported to China. Demand has temporarily increased due to the pandemic, and efforts will continue so that the market can be retained after the pandemic. Agricultural expert Jiao Jun stated that overseas offices, trade associations and other agencies should be asked to go to various places (not limited to Hong Kong, China) to understand the real consumer demand in local markets; whether for export or domestic sales, consumer demand must be the starting point.

Fewer people are dining out, more Hong Kong residents are cooking at home, and demand for daily necessities has increased

Jiao Jun believes that this pandemic has affected China's exports, not only agricultural products but all products, thus creating a shift-order effect, and the current fluctuation in the quantity of agricultural products exported to Hong Kong originates from end-consumer demand.