Hong Kong expands ECIC cover with SME export support

ECIC will extend free pre-shipment cover for holders of its Small Business Policy.

Hong Kong's Commerce and Economic Development Bureau announced new insurance measures today through the Hong Kong Export Credit Insurance Corporation (ECIC) in response to recent US tariff actions. 

The enhancements aim to help exporters, particularly small and medium enterprises (SMEs), manage trade risks and expand into alternative markets.

Effective immediately, ECIC will extend free pre-shipment cover for holders of its Small Business Policy until 30 June 2026.

For exporters not under this policy, ECIC will offer a 50% discount on premiums for pre-shipment risk coverage. 

Additionally, premium rates for exports to new markets (including ASEAN countries) will be reduced to match those for traditional markets, lowering the cost of market diversification.