Macau's trade deficit widened to MOP 6.24 billion in July 2020, the largest since January, from MOP 6.06 billion a year earlier. Year-on-year, exports rose 2.5 percent to MOP 1.07 billion, driven by domestic exports (24.9 percent), while re-exports declined (-0.5%). Meanwhile, imports increased at a faster 3.0 percent to MOP 7.31 billion, driven by beauty, cosmetics/skincare products (238.1%), mobile phones (90.2%), and construction materials (107.8%), but those of food and beverages plunged by 35.2%. Purchases rose from Japan (72.8%), the US (154.5%) and France (51.7%). Considering the first seven months of the year, exports dropped 17.0 percent from a year earlier to MOP 6.18 billion, while imports plunged 24.7 percent to MOP 36.89 billion, bringing a trade gap of MOP 30.71 billion.

Balance of Trade in Macau averaged -2814176.72 Thousand MOP from 1997 until 2020, 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. 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 2020.

Balance of Trade in Macau is expected to be -6000000.00 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 -6980000.00 in 12 months time. In the long-term, the Macau Balance of Trade is projected to trend around -6940000.00 Thousand MOP in 2021, according to our econometric models.

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Macau Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-6242400.00 -4327300.00 634540.00 -8008621.97 1997 - 2020 Thousand MOP Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-28 07:25 AM Apr MOP-3.12B MOP-3.14B MOP -7.5B
2020-06-30 07:30 AM May MOP-3.66B MOP-3.12B MOP-4.5B
2020-07-31 04:00 AM Jun MOP-4.33B MOP-3.66B MOP -6B
2020-08-31 07:20 AM Jul MOP-6.24B MOP-4.33B MOP-4.5B
2020-09-29 04:00 AM Aug MOP-6.24B MOP-3.8B
2020-10-31 04:00 AM Sep MOP -6B
2020-11-29 04:00 AM Oct
2020-12-28 04:00 AM Nov


News Stream
Macau Trade Gap Largest in 6 Months
Macau's trade deficit widened to MOP 6.24 billion in July 2020, the largest since January, from MOP 6.06 billion a year earlier. Year-on-year, exports rose 2.5 percent to MOP 1.07 billion, driven by domestic exports (24.9 percent), while re-exports declined (-0.5%). Meanwhile, imports increased at a faster 3.0 percent to MOP 7.31 billion, driven by beauty, cosmetics/skincare products (238.1%), mobile phones (90.2%), and construction materials (107.8%), but those of food and beverages plunged by 35.2%. Purchases rose from Japan (72.8%), the US (154.5%) and France (51.7%). Considering the first seven months of the year, exports dropped 17.0 percent from a year earlier to MOP 6.18 billion, while imports plunged 24.7 percent to MOP 36.89 billion, bringing a trade gap of MOP 30.71 billion.
2020-08-31
Macau Trade Gap Narrows in June
Macau's trade deficit narrowed to MOP 4.33 billion in June 2020 from MOP 5.61 billion a year earlier. Year-on-year, exports slumped 14.3 percent to MOP 0.78 billion, mainly driven by re-exports (-18.13%), as beauty, cosmetics & skincare products tumbling by 66.8 percent. Meanwhile, imports declined at a faster 21.6 percent to MOP 5.10 billion, weighed down by gold jewellery (-86.6%), watches (-71.9%) and mobile phones (-33.1%), but those of beauty, cosmetic & skincare products jumped by 33.9%. Purchases fell from China (-3.9%), Japan (-15.4%), and the US (-28.4%). Considering the first half of the year, exports decreased 19.5 percent from a year earlier to MOP 5.16 billion, while imports plunged 29.2 percent to MOP 29.66 billion, bringing a trade gap of MOP 24.50 billion.
2020-07-31
Macau Trade Gap Narrows Sharply in May
Macau's trade deficit narrowed to MOP 3.66 billion in May 2020 from MOP 6.23 billion a year earlier. Year-on-year, exports slumped 24.2 percent to MOP 0.69 billion, mainly driven by re-exports (-27.9%), as diamond & diamond jewellery tumbled by 76.5 percent. Meanwhile, imports declined at a faster 39.1 percent to MOP 4.35 billion, weighed down by gold jewellery (-87.8%), watches (-82.8%) and mobile phones (-55.1%). Purchases fell from China (-18.1%), the EU (-49.6%), Japan (-15.4%), Switzerland (-80.3%), and the US (-39.7%). Considering the first five months of the year, exports decreased 17.3 percent from a year earlier to MOP 4.54 billion, while imports plunged 30.3 percent to MOP 24.66 billion, bringing a trade gap of MOP 20.11 billion.
2020-06-30
Macau Trade Gap Narrows in April
Macau's trade deficit narrowed to MOP 3.12 billion in April 2020 from MOP 5.91 billion a year earlier. Year-on-year, exports dropped 24.8 percent to MOP 0.72 billion, mainly driven by re-exports (-25.2%), as watches slumped by 63.8 percent. Meanwhile, imports declined at a faster 44.1 percent to MOP 3.84 billion, weighed down by gold jewellery (-92.2%), handbags & wallets (76.1%), and watches (-69.6%). Purchases fell from China (-32.2%), the EU (-54.8%). Considering the first four months of the year, exports tumbled 16 percent from a year earlier to MOP 3.86 billion, while imports plunged 28.1 percent to MOP 20.33 billion, bringing a trade gap of MOP 16.47 billion.
2020-05-28

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. .