Macau’s trade deficit widened to MOP 11.16 billion in August of 2021 from MOP 7.69 billion a year earlier. Imports soared by 42.6 percent year-on-year to MOP 12.23 billion, mainly boosted by purchases of mobile phones (297.6%), food & beverages (34.5%), garments & footwear (75.3%), watches (148.2%), handbags & wallets (151.5%), gold jewellery (249.7%), fuels & lubricants (31.7%), and construction materials (118%). Meanwhile exports advanced at a slower 20.1 percent to MOP 1.06 billion, driven by a 54.5 percent surge in domestic exports and a 15 percent growth in re-exports. Sales mainly increased for textiles & garment (59%); machines, apparatus & parts (62.6%) and electronic components (36.8%) but fell for watches (-5.4%) and diamond & diamond jewellery (-17.5%). Considering the first eight months of 2021, Macau’s trade deficit widened to MOP 92.45 billion from MOP 38.28 billion a year earlier. source: Statistics and Census Service, Government of Macao SAR

Balance of Trade in Macau averaged -3196883.92 Thousand MOP from 1997 until 2021, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -14577844.44 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 October 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


Calendar GMT Actual Previous Consensus TEForecast
2021-08-31 10:00 AM Jul MOP-14.27B MOP-13.91B
2021-09-30 10:00 AM Aug MOP-11.2B MOP-14.27B MOP-14B
2021-10-28 10:00 AM Sep MOP-11.2B MOP -7B


News Stream
Macau Trade Gap Widens In August
Macau’s trade deficit widened to MOP 11.16 billion in August of 2021 from MOP 7.69 billion a year earlier. Imports soared by 42.6 percent year-on-year to MOP 12.23 billion, mainly boosted by purchases of mobile phones (297.6%), food & beverages (34.5%), garments & footwear (75.3%), watches (148.2%), handbags & wallets (151.5%), gold jewellery (249.7%), fuels & lubricants (31.7%), and construction materials (118%). Meanwhile exports advanced at a slower 20.1 percent to MOP 1.06 billion, driven by a 54.5 percent surge in domestic exports and a 15 percent growth in re-exports. Sales mainly increased for textiles & garment (59%); machines, apparatus & parts (62.6%) and electronic components (36.8%) but fell for watches (-5.4%) and diamond & diamond jewellery (-17.5%). Considering the first eight months of 2021, Macau’s trade deficit widened to MOP 92.45 billion from MOP 38.28 billion a year earlier.
2021-09-30
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 Last Unit Reference Previous Highest Lowest
Balance of Trade -11162282.61 Thousand MOP Aug/21 -14228125.93 634540.00 -14577844.44
Current Account 23700.70 MOP Million Dec/20 151513.50 161957.50 17724.30
Imports 12227988.83 Thousand MOP Aug/21 15347482.11 15561579.90 730990.00
Exports 1065706.22 Thousand MOP Aug/21 1119356.18 2377502.00 357945.69
Tourist Arrivals 629085.00 Sep/21 409207.00 3623116.00 11041.00
Tourism Revenues 7161.00 MOP Million Jun/21 6181.00 18419.00 0.00
Terms Of Trade 99.60 points Jun/21 100.40 110.20 89.90
Foreign Direct Investment -44323.00 MOP Million Dec/19 -14323.00 7638.00 -44323.00


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. .