Trade between Oman and Hong Kong is expected to grow in the coming years as both sides work to strengthen investment, business partnerships, and economic cooperation.
Simon Chan, Director-General of the Hong Kong Economic and Trade Office (HKETO) in Dubai, said bilateral merchandise trade currently stands at around $200 million, with further growth opportunities available across multiple sectors.
Speaking during the Oman-Hong Kong Business Forum in Muscat, Chan said Hong Kong can serve as a gateway for Omani companies seeking access to mainland China and wider Asian markets.
The forum brought together more than 150 representatives from government bodies, trade organizations, and private companies to discuss opportunities for cooperation and market expansion.
Chan highlighted the growing relationship between Oman and China, noting that China remains one of Oman’s largest trading partners and a key participant in the Belt and Road Initiative. He said cooperation is expanding beyond traditional sectors such as energy and infrastructure into areas including renewable energy, advanced technology, and the digital economy.
He described Hong Kong as a global business hub that connects international companies with China and Asia, offering Omani businesses opportunities to expand internationally.
The event also highlighted investment prospects in the Guangdong-Hong Kong-Macao Greater Bay Area, which provides access to manufacturing, innovation, financial services, and a large consumer market.
Officials from Invest Oman, the Hong Kong Trade Development Council, and Invest Hong Kong discussed ways to increase trade flows, attract investment, and encourage partnerships between businesses in both markets.
HKETO Dubai also reaffirmed its support for initiatives that help small and medium-sized enterprises explore international opportunities and attract foreign companies to establish operations in Hong Kong.
Participants said the forum reflected growing economic ties between Oman and Hong Kong, with expectations of continued expansion in trade and investment cooperation.
