Macau's trade deficit narrowed 1.4 percent year-on-year to MOP 6.94 billion in December of 2018 from MOP 7.04 billion a year earlier. Exports rose 15.4 percent year-on-year to MOP 1.04 billion, mainly driven by re-exports (23.8 pct), while domestic sales fell (24 pct). Sales increased to the EU (18.6 percent), but dropped to China (-0.3 pct) and the US (-19.6 pct). Imports grew far softer by 0.5 percent to MOP 7.98 billion, mainly led by cosmetics & skin care products (29.9 pct); and garment & footwear (22.6 pct). Purchases expanded from the US (41.8 pct) and the EU (13.9 pct), but declined from China (-11.5 pct). For 2018 full year, exports rose 8.1 percent year-on-year to MOP 12.19 billion, of which value of re-exports grew 12.3 percent, but that of domestic exports fell 14.3 percent; while imports rose at a stronger 18.8 percent to MOP 90.10 billion, resulting the trade gap of MOP 77.91 billion. Balance of Trade in Macau averaged -2631527.07 Thousand MOP from 1997 until 2018, 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.

Balance of Trade in Macau is expected to be -7274747.00 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 -7084740.00 in 12 months time. In the long-term, the Macau Balance of Trade is projected to trend around -7087735.00 Thousand MOP in 2020, according to our econometric models.

Macau Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-30 03:00 AM Balance of Trade MOP-6.67B MOP-6.56B MOP -6.7B
2018-11-29 04:00 AM Balance of Trade MOP-7.46B MOP-6.63B MOP -6.9B
2018-12-31 03:30 AM Balance of Trade MOP-7.04B MOP-7.46B MOP -6.9B
2019-02-01 04:00 AM Balance of Trade MOP-6.94B MOP-7.04B
2019-03-01 08:40 AM Balance of Trade MOP-6.94B
2019-03-28 03:30 AM Balance of Trade
2019-04-30 05:30 AM Balance of Trade

Macau Trade Last Previous Highest Lowest Unit
Balance of Trade -6938905.64 -6978323.33 634540.00 -8008621.97 Thousand MOP [+]
Current Account 134526.90 98442.40 178664.00 18673.00 MOP Million [+]
Current Account to GDP 27.50 25.40 43.20 17.10 percent [+]
Imports 7982609.45 8001485.08 8993061.49 781040.00 Thousand MOP [+]
Exports 1043703.80 1023161.75 2377502.00 357945.69 Thousand MOP [+]
Tourist Arrivals 3569825.00 3266283.00 3569825.00 532588.00 [+]
Terms Of Trade 99.70 99.80 110.20 89.90 Index Points [+]
Tourism Revenues 18352.00 16500.00 18352.00 11540.00 MOP Million [+]
Foreign Direct Investment 18676.80 -10518.10 18676.80 -40625.60 MOP Million [+]
Capital Flows 112744.80 103285.00 149652.10 -19805.60 MOP Millions [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. . This page provides - Macao Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6938905.64 -6978323.33 634540.00 -8008621.97 1997 - 2018 Thousand MOP Monthly

Country Last Previous
Argentina 1369.00 Dec/18
Australia 3681.00 Dec/18
Brazil 2190.00 Jan/19
Canada -2060.10 Nov/18
China 391.60 Jan/19
Euro Area 16990.70 Dec/18
France -4653.00 Dec/18
Germany 13900.00 Dec/18
India -14730.00 Jan/19
Indonesia -1159.50 Jan/19
Italy 3658.00 Dec/18
Japan -55.29 Dec/18
Mexico 1836.32 Dec/18
Netherlands 3572.00 Dec/18
Russia 18856.00 Dec/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 17167.41 Dec/18
South Korea 1336.00 Jan/19
Spain -2568800.00 Nov/18
Switzerland 1787.14 Dec/18
Turkey -2674.41 Dec/18
United Kingdom -3229.00 Dec/18
United States -49313.00 Nov/18