Macau's trade deficit narrowed sharply to MOP 2.96 billion in February 2020 from MOP 4.64 billion a year earlier. This was the smallest trade gap since April 2010, as exports fell less than imports. Year-on-year, exports dropped 1.4 percent to MOP 0.91 billion, mainly driven by re-exports (-0.8%), as diamond & diamond jewellery slumped by 48 percent. Meanwhile, imports declined at a faster 30.3 percent to MOP 3.87 billion, weighed down by food & beverages (-6.5%), garments & footwear (-49.0%), fuels & lubricants (-15.8%), and beauty, cosmetic/skin-care products (-42.8%). Purchases fell from China (-24.9%), Hong Kong (-59.5%), and Japan (-27%). Considering the first two months of the year, exports tumbled 16.0 percent from a year earlier to MOP 2.06 billion, while imports plunged 14.1 percent to MOP 12.32 billion, bringing a trade gap of MOP 10.26 billion

Balance of Trade in Macau averaged -2814176.72 Thousand MOP from 1997 until 2020, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -8008621.97 Thousand MOP in December of 2014. This page provides - Macao Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.

Balance of Trade in Macau is expected to be -6000000.00 Thousand MOP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Macau to stand at -6980000.00 in 12 months time. In the long-term, the Macau Balance of Trade is projected to trend around -6940000.00 Thousand MOP in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Macau Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-2962810.00 -7331174.93 634540.00 -8008621.97 1997 - 2020 Thousand MOP Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-12-31 05:00 AM Nov MOP-7.5B MOP-7.6B MOP-6.4B
2020-02-03 10:40 AM Dec MOP-7.85B MOP-7.5B MOP -7.1B
2020-02-29 05:25 AM Jan MOP-7.33B MOP-7.85B MOP-7.5B
2020-03-30 07:45 AM Feb MOP-2.96B MOP-7.33B MOP-7.6B
2020-04-30 04:00 AM Mar MOP-2.96B MOP -6.5B
2020-05-31 04:00 AM Apr
2020-06-28 04:00 AM May
2020-07-31 04:00 AM Jun MOP -6B


News Stream
Macau Trade Gap Smallest in Near a Decade
Macau's trade deficit narrowed sharply to MOP 2.96 billion in February 2020 from MOP 4.64 billion a year earlier. This was the smallest trade gap since April 2010, as exports fell less than imports. Year-on-year, exports dropped 1.4 percent to MOP 0.91 billion, mainly driven by re-exports (-0.8%), as diamond & diamond jewellery slumped by 48 percent. Meanwhile, imports declined at a faster 30.3 percent to MOP 3.87 billion, weighed down by food & beverages (-6.5%), garments & footwear (-49.0%), fuels & lubricants (-15.8%), and beauty, cosmetic/skin-care products (-42.8%). Purchases fell from China (-24.9%), Hong Kong (-59.5%), and Japan (-27%). Considering the first two months of the year, exports tumbled 16.0 percent from a year earlier to MOP 2.06 billion, while imports plunged 14.1 percent to MOP 12.32 billion, bringing a trade gap of MOP 10.26 billion
2020-03-30
Macau Trade Gap Widens in January
Macau's trade deficit widened to MOP 7.33 billion in January 2020 from MOP 7.27 billion a year earlier. Year-on-year, exports tumbled 24.8 percent to MOP 1.15 billion, mainly driven by re-exports (-28.3%), as machines, apparatus & parts and diamond & diamond jewellery slumped by 34 percent and 76.4 percent, respectively. Sales tumbled to China (-35.1%), and Hong Kong (-35.0%) but surged to the USA (84.4%). Meanwhile, imports dropped at a softer 3.6 percent to MOP 8.48 billion, weighed down by food & beverages (-16.5%), garments & footwear (-10.9%), fuels & lubricants (-3.9%),and mobile phones (-33.3%). Purchases fell from the China (-12.8%), Hong Kong (-11.4%), Japan (-5.3%).
2020-02-29
Macau December Trade Gap Largest in 5 Years
Macau's trade deficit widened to MOP 7.85 billion in December 2019 from MOP 6.94 billion a year earlier. This was the largest trade gap since December 2014, as exports rose less than imports. Year-on-year, exports increased 5.1 percent to MOP 1.10 billion, mainly driven by re-exports (1.5%), as footwear jumped by 138.2%. Sales surged to the USA (372.7%), and the EU (23.7%) but plunged to China (-12.7%). Meanwhile, imports went up at a faster 12.1 percent to MOP 8.95 billion, weighed up by beauty, cosmetic/skin-care products (87.5%), hand bag & wallets (41.3%), and gold jewelry (37.7%). Purchases rose from the EU (27.7%), China (2.9%), the US (18.9%). Considering full year 2019, exports grew 5.0 percent from a year earlier to MOP 12.80 billion, while imports showed no growth at MOP 90.13 billion, bringing a trade gap of MOP 77.33 billion.
2020-02-03
Macau Trade Gap Widens in November
Macau's trade deficit widened to MOP 7.53 billion in November 2019 from MOP 6.98 billion a year earlier. Year-on-year, exports rose 10.6 percent to MOP 1.13 billion, mainly driven by re-exports (6.1%), as textiles & garments and tobacco & wine jumped by 67.9% and 158%, respectively. Sales increased to Hong Kong (4.8), the USA (183.5%), but plunged to China (-10.4%) and the EU (-44.7%). Meanwhile, imports increased 8.30 percent to MOP 8.66 billion, weighed up by garments & footwear (20.2%), beauty, cosmetic/skin-care products (74.0%), gold jewelry (20.7%). Purchases rose from the EU (17.1%), Japan (20.5), China (3.8%), the US (18.1%), but fell from Hong Kong (-10.7%). Considering the first eleven months of 2019, exports grew 4.9 percent from a year earlier to MOP 11.69 billion, while imports fell 1.0 percent to MOP 81.31 billion, bringing a trade gap of MOP 69.62 billion.
2019-12-31

Macau Balance of Trade
Macau’s trade deficits have been rising in recent years as a result of declining exports and rising imports. Macau mostly exports clothing and textiles, tobacco and wine, machinery and transport equipment, copper, watches, diamond jewellery, office machines and telecommunication equipment. Macau imports food and beverages, gold jewellery, mobile phones, watches, hand bags, vehicles, footwear and portable computers. Macau’s main trading partners are China, the United States, Japan, Hong-Kong, Singapore, Germany and Taiwan. .