Macau's trade deficit widened to MOP 10.79 billion in May 2026, up by MOP 1.97 billion from the same month in the previous year. Exports increased 33.9% year-on-year to MOP 1.415 billion, with re-exports which account for about 91% of total exports, also rising 35.8%. Sales increased the most for non-textiles, particularly for diamond & diamond jewellery (62.0%), travel goods and handbags (42.2%), and watches (16.5%). Meanwhile, domestic exports went up by 17.7%, led by copper & articles thereof (59.4%). Most exports went to Hong Kong and China. Imports increased 23.6% to MOP 12.20 billion, with purchases of gold jewellery jumping 32.1% while those of food & beverages declined 7.3%. Most purchases came from China and the EU. Considering the first four months of 2026, merchandise exports and imports rose by 22.6% and 25.2% respectively year-on-year. The trade deficit increased by MOP 11.27 billion from same period last year. source: Statistics and Census Service, Government of Macao SAR

Macau recorded a trade deficit of 10800000 Thousand MOP in May of 2026. Balance of Trade in Macau averaged -4236052.50 Thousand MOP from 1997 until 2026, reaching an all time high of 634540.00 Thousand MOP in July of 2000 and a record low of -14558270.00 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 July of 2026.

Macau recorded a trade deficit of 10800000 Thousand MOP in May of 2026. Balance of Trade in Macau is expected to be -11630000.00 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 -12950000.00 Thousand MOP in 2027 and -13850000.00 Thousand MOP in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-29 09:00 AM
Balance of Trade
Apr MOP -11.8B MOP -11.6B MOP-$12.0B
2026-06-26 09:00 AM
Balance of Trade
May MOP -10.8B MOP -11.8B MOP-12.0B
2026-07-31 09:00 AM
Balance of Trade
Jun MOP -10.8B MOP -12.1B


Related Last Previous Unit Reference
Balance of Trade -10800000.00 -11761300.00 Thousand MOP May 2026
Current Account 144279.70 115437.60 MOP Million Dec 2024
Exports 1414740.00 1359450.00 Thousand MOP May 2026
Foreign Direct Investment -4568.70 -9293.23 MOP Million Dec 2024
Imports 12204280.00 13105200.00 Thousand MOP May 2026
Terms of Trade 98.90 99.00 points Mar 2026
Tourism Revenues 24430.00 21875.00 MOP Million Mar 2026
Tourist Arrivals YoY 3487994.00 3441396.00 May 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-10800000.00 -11761300.00 634540.00 -14558270.00 1997 - 2026 Thousand MOP Monthly

News Stream
Macau Trade Deficit Widens in May
Macau's trade deficit widened to MOP 10.79 billion in May 2026, up by MOP 1.97 billion from the same month in the previous year. Exports increased 33.9% year-on-year to MOP 1.415 billion, with re-exports which account for about 91% of total exports, also rising 35.8%. Sales increased the most for non-textiles, particularly for diamond & diamond jewellery (62.0%), travel goods and handbags (42.2%), and watches (16.5%). Meanwhile, domestic exports went up by 17.7%, led by copper & articles thereof (59.4%). Most exports went to Hong Kong and China. Imports increased 23.6% to MOP 12.20 billion, with purchases of gold jewellery jumping 32.1% while those of food & beverages declined 7.3%. Most purchases came from China and the EU. Considering the first four months of 2026, merchandise exports and imports rose by 22.6% and 25.2% respectively year-on-year. The trade deficit increased by MOP 11.27 billion from same period last year.
2026-06-26
Macau Trade Gap Increases in April
Macau's trade deficit widened to MOP 11.761 billion in April 2026, up by MOP 2.64 billion from the same month in the previous year. Exports increased 20.9% year-on-year to MOP 1.359 billion, with re-exports which account for about 90% of total exports, also rising 20.9%. Sales increased the most for machines, apparatus and parts (25.3%), diamond & diamond jewellery (22.4%) and watches (21.7%). Meanwhile, domestic exports went up by 21.3%, led by copper & articles thereof (56.9%). Most exports went to Hong Kong and China. Imports increased 28% to MOP 13.12 billion, with purchases of gold jewellery jumping 39.4% while those of food & beverages declined 11.7%. Most purchases came from China and the EU. Considering the first four months of 2026, merchandise exports and imports rose by 20% and 25.7% respectively year-on-year. The trade deficit increased by MOP 9.36 billion to MOP 44.77 billion.
2026-05-29
Macau Trade Deficit Widens in March
Macau’s trade deficit widened to MOP 11.6 billion in March 2026 from MOP 9.2 billion in the corresponding month a year earlier, as imports continued to outpace exports. Imports surged 26% year-on-year to MOP 13 billion, driven by stronger purchases of gold jewellery (36.6%), garments and footwear (12.8%), fuels and lubricants (25%), and mobile phones (111.1%). By origin, imports increased notably from China (76.8%), Hong Kong (86.2%), Italy (18.9%), the United States (23%), and Japan (1.3%). Meanwhile, exports rose 24.2% to MOP 1.4 billion, supported by higher shipments of machines, apparatus and parts (47.9%), diamond and diamond jewellery (94.8%), and travel goods and handbags (34%). Exports also expanded to China (64%), Hong Kong (22.4%), Italy (78.4%), Vietnam (565.8%), and Singapore (67%). For the first quarter of 2026, Macau’s trade deficit widened to MOP 33.1 billion from MOP 26.3 billion in the same period last year, as exports increased 19.7% while imports climbed 25.1%.
2026-04-30