In 2008, Hong Kong eliminated all import duties and customs controls for wine.

Following this in 2024, a tax reduction of spirits was also implemented further boosting spirits trade. The city also boasts advance logistics and storage facilities, ensuring the quality and integrity of wine and spirits and ideal conditions for import and export.

Since these changes, Hong Kong has been the leading Asian market for wine and spirits trade, with double-digit growth projected between 2022 and 2025.

Hong Kong has a vibrant culture for wine and spirits. Here, a population of knowledgeable, enthusiastic and sophisticated consumers, collectors and professionals drives strong and stable demand. This is also evident from the presence of renowned sommelier schools and a number of wine and spirits associations.. The territory is thus conducive to premiumization (42% of sales).