Hong Kong and Canada have long-standing and close trade, investment and people-to-people relations. In 2021, Hong Kong was Canada's fourth largest market for fish and seafood and 4th largest export market in the world for precious / semiprecious stones. Bilateral merchandise trade between Canada and Hong Kong increased by 23.5% over 2020, amounted to C$4.4 billion (HK$27.6 billion). At end-2020, Hong Kong's outward direct investment in Canada was C$11.7 billion, whereas that of Hong Kong's inward direct investment from Canada was C$41.4 billion.
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and Canada signed an Investment Promotion and Protection Agreement (IPPA) in February 2016 and the IPPA entered into force in September 2016. The Agreement gives additional assurance to Canadian investors that their investments in Hong Kong are adequately protected. There are currently about 300 000 Canadian passport holders and over 100 Canadian companies in Hong Kong.
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