Details on shipping in Hong Kong

I. Overview of Hong Kong Logistics industry:

Once merely a small, thinly populated area of fishing and farming villages, Hong Kong is now one of the world's most important trading financial hubs and harbors. The city houses the largest concentration of individuals, worth at least $30 million, out of any city in the world. With one of the world's busiest container ports and an equally busy international cargo airport, Hong Kong offers extremely convenient and efficient air and sea freight anywhere across the world. Sea freight in particular is increasing in popularity and is the cheapest option to send cargo to Hong Kong, yet is still trackable to offer peace of mind to all customers.

II. Hong Kong’s Advantages

1. Strategic Location and World-class Infrastructure

As one of the regional hubs for Asia, Hong Kong's centralized location allows for quick travel times between most Asian urban centers; half of the world's population is within 5 hours’ flight time. About 120 airlines connect Hong Kong International Airport (HKIA) to around 220 destinations worldwide, including about 40 destinations in mainland China.

HKIA has five first-tier air cargo handling facilities, with over 7 million tonnes of annual handling capacity, as well as nine container terminals externally for sea transport, made up of 24 container berths capable of handling over 20 million TEUs a year in total.

Construction of the Third Runway System (3RS) for the HKIA began in 2016 and is expected to be completed by 2024, which will allow HKIA to handle future traffic demand of up to 102 million passengers, 8.9 million tonnes of cargo and 607,000 aircraft movements annually by 2030, according to IATA Consulting.

>> Vietnam-Hong Kong Trade Expands Positively

2. Well-developed transportation infrastructure

Hong Kong has an excellent infrastructure that serves the demands of its residents while also contributing to the economy's efficiency and growth. Hong Kong's land, sea, and air transportation and communications systems are modern. Hong Kong's well-developed transportation infrastructure allows the city to seamlessly connect with the rest of the globe, particularly mainland China while maintaining maximum flexibility.

III. Freight Forwarding in Hong Kong:

In Hong Kong, larger sea freight forwarders tend to target big companies for exclusive deals. They provide value-added services and invest in information technology to ensure that they meet the changing needs of their customers. Some of them set up logistics subsidiaries to provide tailormade and specialized services, which can become service partners for their customers. Generally, larger companies' well-established brands and global logistics networks have helped boost their significant market shares in the global export market. On the other hand, the smaller regional players tend to have a better understanding of the business culture, a better knowledge of their markets, and have established networks in the region thanks to their local connections and hands-on experience.

Hong Kong has a pool of worldwide and exceptionally experienced coordinations organizations that empowers smooth strategic streams. A considerable lot of them are addressed in the Hong Kong Association of Freight Forwarding and Logistics (HAFFA), whose 300 individuals mean to advance normalization and expert direct among industry players.

Hong Kong's forwarders offer competitive services and secure the confidence of international customers through their understanding of international practices, reliability and networks. Shipping to and from Hong Kong is proven to be reliable and efficient over years of experience.

IV. How Long Does Shipping to Hong Kong take?

The major factor to take into consideration when evaluating which option you should pick to ship a package to Hong Kong is the delivery speed. This determines how long it will take for your package to arrive at its destination and will vary based on the delivery option or courier services you choose. A cheap shipping service comes with longer delivery times, while expedited options tend to be more expensive.

So, it boils down to the courier you use and the shipping service you choose. You can contact VICO Logistics to compare shipping rates and times from different couriers.

V. How Much Does Shipping to Hong Kong Cost?

Package weight:  As shipping services calculate prices based on the weight of your cargo, expect to pay more the heavier your cargo is. Eg: shipping a mobile phone will be cheaper than shipping a sofa.
Package dimensions: The larger your package dimensions, the more it will cost, especially if the dimensional weight of your package is more than its actual weight. In addition, extra fees may be incurred for packages with irregular shapes and dimensions than those with normal shapes and dimensions.
Delivery timeframe: While you may have no control over the weight and dimension of your package, you or your clients are able to choose how quickly you want your packages to arrive. If you or your buyers are willing to wait longer, then you can go for a cheaper and therefore slower way to ship a package to Hong Kong, or choose expedited shipping options for faster delivery.

>> VICO Logistics Shipped Heavy Lifting Cranes To Hong Kong Island

VI. Prohibited and Restricted Items when shipping to Hong Kong

Material that is radioactive
Radio equipment and mobile phones
Hazardous chemicals or other controlled substances
Animals or goods made from animals
Diamonds, unworked

Sand, except if importing from China
Pesticides
Firearms, ammunition and explosives
Drugs, medicines and pharmaceuticals

Key takeaways

How to ship to and from Hong Kong with VICO Logistics:

VICO  Logistics  provides your business a full range of services including inland transportation, preparation of import and export licenses, booking cargo space, master consolidation, cargo insurance & custom clearance for any shipment.  
Owning a strong local & regional network, we deliver highly valued and diverse cargoes across Asia countries from China, Hong Kong, Vietnam Laos, Cambodia, Myanmar & Thailand.
Contact us today and take advantage of our shipping tools to determine the cheapest way to ship a package to Hong Kong and beyond.

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See more of our VICO Case study of transporting heavy lifting cranes to Lamma Island.

Source:
https://www.pallet2ship.co.uk/send-pallets/Hong-Kong

https://research.hktdc.com/en/article/MzExMjkxOTgy

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