Hong Kong is the world’s third largest exporter of garments, behind China and the EU, and a major exporter of textiles—reflecting its favoured position as one of Asia’s most prominent trading hubs.
Hong Kong Garments, textile and clothing exports stood at US$40 bn in 2008, representing 11% of total exports from the territory. Most of this trade, however, comprises re-exports of goods originating in mainland China and other low cost Asian countries.
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