Macau's trade deficit narrowed to MOP 6.16 billion in July 2019 from MOP 6.52 billion a year earlier. Year-on-year, exports advanced 13.6 percent to MOP 1.04 billion, mainly driven by re-exports (16%), with that of cosmetic & skin-care products and diamond & diamond jewelry surging by 230.6% and 166.1%, respectively. Sales grew to the US (5.3%) and the EU (96.2%), but tumbled to China (-18.7%). Meanwhile, imports shrank 3.2 percent to MOP 7.2 billion, weighed down by mobile phones (-54.4%), construction materials (-41.1%), and gold jewelry (22.9%). Purchases dropped from China (-1.8%) and the US (-7.2%), but rose from the EU (17.8%). Considering the first seven months of 2019, exports grew 4.7 percent from a year earlier to MOP 7.44 billion, while imports fell 2.2 percent to MOP 49.48 billion, bringing a trade gap of MOP 42.04 billion. Balance of Trade in Macau averaged -2718677.40 Thousand MOP from 1997 until 2019, 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 -6700000.00 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 -7084739.86 in 12 months time. In the long-term, the Macau Balance of Trade is projected to trend around -7087734.60 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
2019-05-31 04:15 AM Balance of Trade Apr MOP-6B MOP-6.05B MOP-6.2B
2019-06-28 05:00 AM Balance of Trade May MOP-6.4B MOP-6B MOP-6.4B
2019-07-31 03:00 AM Balance of Trade Jun MOP-5.7B MOP-6.4B MOP -6B
2019-08-30 04:00 AM Balance of Trade Jul MOP-6.2B MOP-5.7B
2019-09-30 04:00 AM Balance of Trade Aug MOP-6.2B MOP-6.9B
2019-10-30 03:00 AM Balance of Trade Sep MOP -6.7B
2019-11-29 04:00 AM Balance of Trade Oct MOP-7.1B

Macau Trade Last Previous Highest Lowest Unit
Balance of Trade -6156220.00 -5673760.00 634540.00 -8008621.97 Thousand MOP [+]
Current Account 157998.90 134526.90 178664.00 18673.00 MOP Million [+]
Current Account to GDP 27.50 25.40 43.20 17.10 percent [+]
Imports 7198060.00 6579360.00 8993061.49 781040.00 Thousand MOP [+]
Exports 1041850.00 905610.00 15278100.00 357945.69 Thousand MOP [+]
Tourist Arrivals 3530233.00 3095853.00 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 139586.80 112744.80 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-6156220.00 -5673760.00 634540.00 -8008621.97 1997 - 2019 Thousand MOP Monthly

Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 1153.00 Aug/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19