Asturex promotes Asturian internationalization in Hong Kong with a strategic mission

 

The Foreign Trade Promotion Society of the Principality of Asturias, AsturexA multi-sector trade mission has concluded in Hong Kong From May 6 to 8, 2026, promoting the internationalization of Eleven People, PHB Weserhutte y Vivapesca Import-Export to consolidate its presence in the market Asia.

 

Asturex Leads Asturian Expansion in the Asian Financial Center

 

The recent trade mission, organized by Asturex, set itself the goal of strengthening the positioning of the business fabric of Principado de Asturias in a strategic and highly competitive business environment such as Hong KongDuring the expedition, the three participating Asturian companies developed an intense schedule of meetings with potential partners and clients, aimed at market prospecting and opening new avenues for commercial collaboration.

 

For its part, the Sociedad de Promoción Exterior del Principado de Asturias It also carried out a parallel institutional agenda. The objective was to identify high-level business opportunities, facilitate strategic contacts, and present Asturias' capabilities and export offerings in this important Asian market.

 

Hong Kong: A Key Platform for Access to China and the Asia-Pacific

 

Hong Kong It remains a benchmark in AsiaIt has consolidated its position as an international financial center. Its business environment is characterized by remarkable stability, legal transparency, and a highly attractive tax regime for investment and trade. This territory continues to play a fundamental role as a gateway for the entry and exit of capital, as well as a hub of primary re-export for the continent, in a context of mutual interdependence with China continental.

 

The integration of Hong Kong at the Área de la Gran Bahía (Greater Bay Area), along with cities like Shenzhen y GuangzhouThis increases its importance as a regional platform with enormous potential. This macro-region represents a significant market, with data that consolidates its economic relevance:

 

Region	Population	GDP (Estimated)
Greater Bay Area	70 million	$1,7 trillion
Hong Kong (as a hub)	7,5 million	~360 billion USD

 

Despite its limited industrial production, Hong Kong It is configured as a sophisticated market with high purchasing power, and a strong openness to the import of quality goods and services. For foreign companies, the territory offers:

 

• Fast and simplified access to the Chinese market and the region of Asia-Pacífico.
• Streamlined customs and bureaucratic procedures.
• Legal certainty and a stable legal framework.
• A demanding consumer with a clear preference for products premium and prestigious international brands.

 

Sectors with High Demand and Opportunities for Asturian Exports

 

Business opportunities in Hong Kong They cover diverse areas, identified by their high growth potential and demand:

 

• Agri-food and beverages: There is a growing demand for products , organic and high quality, reflecting the purchasing power and local gastronomic culture.
• Luxury consumption and lifestyle: The high per capita income and the attraction of high-spending tourists (especially from China) generate a robust market for jewelry, fashion, footwear, cosmetics and perfumes, accessories, and designer furniture. In this segment, the weight of the brand It usually exceeds that of the country of origin.
• Technology and innovation: Public support for innovation, the startups and the attraction of talent within the framework of Greater Bay Area They open avenues for collaboration in areas such as fintech, Smart cities, greentech and biotechnology.
• Strategic services: Its status as a logistics, transport, tourism and financial hub drives constant demand in asset management, banking, insurance and solutions fintech, supported by a transparent legal system and reduced taxation.
• Investment and sourcing: Opportunities are identified in local sectors (services, finance, logistics) and in urban and territorial expansion projects, such as the Northern Metropolis and Islas Artificiales Kau Yi Chau.

 

A snapshot of Asturian exports to Hong Kong

 

The exports of Principado de Asturias to Hong Kong They have reached significant figures, demonstrating the potential of companies in the region in this Asian market.

 

Origin	Destination	Value of Exports (2026)
Asturias (España)	Hong Kong	3,9 millones de euros

 

Asturian Companies Leading the Mission

 

The Asturian companies that actively participated in this trade mission, consolidating the business presence of Principado en Asia, were:

 

• Eleven People: Specializing in handmade aromatherapy projects in Españaoffering unique and customized solutions.
• PHB Weserhutte: Global supplier of turnkey installations for bulk material handling systems, with extensive experience in mining and industrial sectors.
• Vivapesca Import-Export: Dedicated to the export and import of fresh and frozen fish and seafood, as well as wholesale, with a focus on product quality.

 

Key points and frequently asked questions about internationalization in Hong Kong

 

What advantages does Hong Kong offer to Spanish exporting companies?

Hong Kong provides companies with españolas simplified access to the Chinese market and Asia-PacíficoThanks to its transparent legal system, low taxes, and efficient bureaucracy. Furthermore, its status as hub re-export and its high demand for products premium They facilitate the entry of quality goods and services, positioning brands españolas in a value segment.

 

How can Asturian companies capitalize on opportunities in the Greater Bay Area?

The integration of Hong Kong in the Greater Bay Area (GBAThis opens up a market of 70 million people. Asturian companies can take advantage of this connectivity to expand their reach, using Hong Kong as a basis for innovation projects (fintech, Smart cities), strategic services and distribution of high value-added products throughout the region, benefiting from the financing and talent attraction promoted in the GBA.

 

Which sectors show the greatest growth potential for Spanish products in Hong Kong?

The sectors with the greatest potential are the agri-food and beverages , luxury consumption and lifestyle (fashion, cosmetics, design) and the technology and innovation (fintech(biotechnology). Financial services, logistics, and infrastructure investment are also strategic. The products españoles Branded products of recognized quality are especially valued by Hong Kong consumers.