The Atradius Payment Practices Barometer May 2018 report reveals that Hong Kong suppliers perceive credit sales as a convenient way to nurture long-term cooperation and expand business both domestically and internationally. However, despite improvements this year, the proportion of overdue B2B invoices and the total proportion of uncollectable B2B receivables remain some of the highest in Asia Pacific. The report also highlights that Hong Kong's GDP is €285,476.25 million with a growth rate of 3.0% in 2018. The top 5 export sectors are machinery/electrical, stone/glass, miscellaneous, textiles, and plastics/rubbers, while the top 5 import sectors are machinery/electrical, stone/glass, miscellaneous, textiles, and transportation. The top 5 export destinations are China, USA, India, Japan, and the United Kingdom, while the top 5 import destinations are China, Japan, South Korea, USA, and Switzerland.
