Macau’s trade deficit widened to MOP 10 billion in July 2026, from MOP 8.9 billion in the corresponding month last year. Imports rose 13.4% year-on-year to MOP 11.5 billion, driven by higher purchases of gold jewellery (55.8%) and garments and footwear (4.0%), while imports of food and beverages declined 6.2%, although the category remained the main import product. Among key trading partners, imports increased notably from China (48.6%), Hong Kong (60.6%), and Italy (44.7%). Meanwhile, exports rose 13.6% to MOP 1.5 billion, supported by increased shipments of knitted or crocheted garments (19%), diamond and diamond jewellery (15%), and machines, apparatus and parts (59.1%). Export destinations recorded notable grew to Hong Kong (24.8%), the United States (20.1%), and India (191.6%). During the January-July period, Macau’s trade deficit rose to MOP 77.3 billion from MOP 42.1 billion in the same period last year. source: Statistics and Census Service, Government of Macao SAR

Macau recorded a trade deficit of 10046168 Thousand MOP in July of 2026. Balance of Trade in Macau averaged -4208450.51 Thousand MOP from 1997 until 2026, reaching an all time high of 1022930.00 Thousand MOP in January of 2025 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 September of 2026.

Macau recorded a trade deficit of 10046168 Thousand MOP in July 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
2026-07-31 09:00 AM
Balance of Trade
Jun MOP -10.9B MOP -10.8B MOP -12.1B
2026-08-28 08:00 AM
Balance of Trade
Jul MOP -10.0B MOP -10.9B MOP -11.0B
2026-09-25 09:00 AM
Balance of Trade
Aug MOP -10.0B


Related Last Previous Unit Reference
Balance of Trade -10046168.00 -10815338.00 Thousand MOP Jul 2026
Current Account 144279.70 115437.60 MOP Million Dec 2024
Exports 1464163.00 1264783.00 Thousand MOP Jul 2026
Foreign Direct Investment -4568.70 -9293.23 MOP Million Dec 2024
Imports 11510331.00 12080121.00 Thousand MOP Jul 2026
Terms of Trade 99.60 98.90 points Jun 2026
Tourism Revenues 20038.00 24430.00 MOP Million Jun 2026
Tourist Arrivals YoY 3542218.00 2801152.00 Jul 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
-10046168.00 -10815338.00 1022930.00 -14558270.00 1997 - 2026 Thousand MOP Monthly

News Stream
Macau Trade Deficit Widens in July
Macau’s trade deficit widened to MOP 10 billion in July 2026, from MOP 8.9 billion in the corresponding month last year. Imports rose 13.4% year-on-year to MOP 11.5 billion, driven by higher purchases of gold jewellery (55.8%) and garments and footwear (4.0%), while imports of food and beverages declined 6.2%, although the category remained the main import product. Among key trading partners, imports increased notably from China (48.6%), Hong Kong (60.6%), and Italy (44.7%). Meanwhile, exports rose 13.6% to MOP 1.5 billion, supported by increased shipments of knitted or crocheted garments (19%), diamond and diamond jewellery (15%), and machines, apparatus and parts (59.1%). Export destinations recorded notable grew to Hong Kong (24.8%), the United States (20.1%), and India (191.6%). During the January-July period, Macau’s trade deficit rose to MOP 77.3 billion from MOP 42.1 billion in the same period last year.
2026-08-28
Macau Trade Deficit Widens in June
Macau’s trade deficit widened to MOP 10.9 billion in June 2026 from MOP 8.8 billion in the same month a year earlier. Imports rose 24.4% year-on-year to MOP 12.1 billion, driven by stronger purchases of gold and jewellery (79.1%) and mobile phones (46.8%), while imports of food and beverages declined 13.4%. During the January–June period, imports increased notably from China (40.8%), France (10.9%), Italy (9.6%), Hong Kong (7.1%), and Japan (5.8%). Meanwhile, exports climbed 32.7% to MOP 1.3 billion, supported by higher re-exports of diamonds and diamond jewellery (47.3%) as well as domestic exports of copper and related articles (16.5%), while pharmaceutical products and organic chemicals fell by 12.3%. During the January–June period, exports also grew to Hong Kong (72.7%), China (10.9%), and the United States (1.6%). In the first half of 2026, Macau recorded a cumulative trade deficit of MOP 66.1 billion, compared with MOP 46.1 billion in the same period a year earlier.
2026-07-31
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