Macau’s trade deficit widened sharply to MOP 14.27 billion in July of 2021 from MOP 6.2 billion a year earlier. Imports soared by 112 percent year-on-year to MOP 15.4 billion, mainly boosted by purchases of mobile phones (654 percent); watches (311 percent); beauty, cosmetic and skincare products (89 percent); food & beverages (72 percent) and garments & footwear (106 percent). Meanwhile, exports advanced at a slower 5.2 percent to MOP 1.12 billion, driven by a 14 percent surge in domestic exports and 4 percent rise in re-exports. Sales mainly increased for machines, apparatus, & parts (67 percent); watches (20.7 percent) and electronic components (33.8 percent), but fell for textiles & garments (-14.2 percent) and diamond & diamond jewellery (-27.7 percent). Considering, the first seven months of 2021, Macau’s trade deficit widened to MOP 81.4 billion from MOP 30.6 billion a year ago. source: Statistics and Census Service, Government of Macao SAR

Balance of Trade in Macau averaged -3170115.11 Thousand MOP from 1997 until 2021, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -14591031.59 Thousand MOP in May of 2021. 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 September of 2021.

Balance of Trade in Macau is expected to be -6980000.00 Thousand MOP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macau Balance of Trade is projected to trend around -6940000.00 Thousand MOP in 2022, according to our econometric models.

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Macau Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-14270297.02 -13829892.12 634540.00 -14591031.59 1997 - 2021 Thousand MOP Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-31 10:00 AM Apr MOP-12.68B MOP-10.11B MOP-8B
2021-06-30 09:30 AM May MOP-14.70B MOP-12.63B MOP-14B
2021-07-28 10:00 AM Jun MOP-13.91B MOP-14.70B MOP -7B
2021-08-31 10:00 AM Jul MOP-14.27B MOP-13.91B
2021-09-30 10:00 AM Aug
2021-10-29 10:00 AM Sep MOP -7B
2021-11-29 10:00 AM Oct
2021-12-28 10:00 AM Nov


News Stream
Macau Trade Deficit Widens Further In July
Macau’s trade deficit widened sharply to MOP 14.27 billion in July of 2021 from MOP 6.2 billion a year earlier. Imports soared by 112 percent year-on-year to MOP 15.4 billion, mainly boosted by purchases of mobile phones (654 percent); watches (311 percent); beauty, cosmetic and skincare products (89 percent); food & beverages (72 percent) and garments & footwear (106 percent). Meanwhile, exports advanced at a slower 5.2 percent to MOP 1.12 billion, driven by a 14 percent surge in domestic exports and 4 percent rise in re-exports. Sales mainly increased for machines, apparatus, & parts (67 percent); watches (20.7 percent) and electronic components (33.8 percent), but fell for textiles & garments (-14.2 percent) and diamond & diamond jewellery (-27.7 percent). Considering, the first seven months of 2021, Macau’s trade deficit widened to MOP 81.4 billion from MOP 30.6 billion a year ago.
2021-08-31
Macau Trade Gap Widens Sharply in June
Macau's trade deficit widened sharply to MOP 13.91 billion in June of 2021 from MOP 4.31 billion a year earlier. Imports soared 200 percent year-on-year to MOP 15.10 billion, bolstered by beauty, cosmetics & skincare products (363.4 percent to MOP 2.71 billion); mobile phones (838.8 percent to MOP 2.47 billion); and watches (371.9 percent to MOP 1.33 billion). Meanwhile, exports went up 62 percent to MOP 1.19 billion, attributed to a 69 percent rise in re-exports and a 29 percent rise in domestic exports. Sales mainly increased for machines, apparatus, & parts (72.4 percent to MOP 0.23 billion); diamonds & diamond jewellery (135.5 percent to MOP 0.19 billion); watches (117.5 percent to MOP 0.17); while exports were lower for textiles & garments (-14.3 percent to MOP 0.11 billion). Considering the first half of 2021, Macau’s trade deficit widened to MOP 67.26 billion from MOP 24.39 billion in the corresponding period of 2020.
2021-07-28
Macau Posts Historic Trade Deficit in May
Macau's trade deficit widened to a record MOP 14.70 billion in May of 2021 from MOP 3.65 billion a year earlier. Imports soared 268 percent year-on-year to MOP 15.69 billion, bolstered by telecommunications, sound recording and reproducing apparatus & equipment (1,365 percent to MOP 3.38 billion); beauty, cosmetics & skincare products (761 percent to MOP 3.43 billion); photographic apparatus, equipment & supplies (996 percent to MOP 1.31 billion); and travel goods & handbags (274 percent to MOP 0.96 billion). Meanwhile, exports surged 60 percent to MOP 0.99 billion, attributed to a 64 percent rise in re-exports and a 41 percent hike in domestic exports. Shipments from Macau mainly increased for machines, mechanical apparatus, parts & accessories (32.5 percent to MOP 0.17 billion); watches (506 percent); jewellery (593.6 percent to MOP 0.17 billion); clocks & watches (MOP 0.13 billion from MOP 0 in the prior year); and garments (20.0 percent to MOP 0.11 billion).
2021-06-30
Macau Trade Deficit Widens in April
Macau's trade deficit widened to MOP 12.68 billion in April 2021 from MOP 3.12 billion a year earlier. Year-on-year, exports surged 72 percent to MOP 1.06 billion, attributed to a 70 percent increase in re-exports and a 82 percent rise in domestic sales. Shipments from Macau mainly increased for machines, apparatus & parts (183 percent); watches (506 percent); diamond & diamond jewellery (119 percent); and textiles & garments (5 percent). Meanwhile, imports soared 266 percent to MOP 13.74 billion, driven by beauty, cosmetics & skincare products (1,137 percent); mobile phones (776 percent); watches (853 percent); gold jewellery (4,814 percent); and garments & footwear (312 percent).
2021-05-31

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. .