Macau Trade Deficit Widens in February

2026-03-27 09:38 By Jereli Escobar 1 min. read

Macau’s trade deficit widened to MOP 9.9 billion in February 2026 from MOP 7.7 billion in the same month a year earlier.

Imports surged 25.9% year-on-year to MOP 11.2 billion, led by higher purchases of gold jewellery (87%), mobile phones (101.1%), construction materials (35%), and garments and footwear (11.4%).

By source, imports rose from China (71.3%), Hong Kong (139%), Italy (8.8%), the United States (8.9%), and Switzerland (6.8%).

Meanwhile, exports increased 7.1% to MOP 1.3 billion, supported by increased shipments of machines, apparatus & parts (202.5%) and non-textiles (8.3%).

Exports to China (494.3%), Italy (524.3%), Germany (42.1%), the United States (68.8%), Singapore (25.1%), and Vietnam (76.6%) all expanded.

For the first two months of 2026, Macau’s trade deficit reached MOP 21.6 billion, with exports up 17.6% and imports rising 25.1%.



News Stream
Macau Trade Deficit Widens in February
Macau’s trade deficit widened to MOP 9.9 billion in February 2026 from MOP 7.7 billion in the same month a year earlier. Imports surged 25.9% year-on-year to MOP 11.2 billion, led by higher purchases of gold jewellery (87%), mobile phones (101.1%), construction materials (35%), and garments and footwear (11.4%). By source, imports rose from China (71.3%), Hong Kong (139%), Italy (8.8%), the United States (8.9%), and Switzerland (6.8%). Meanwhile, exports increased 7.1% to MOP 1.3 billion, supported by increased shipments of machines, apparatus & parts (202.5%) and non-textiles (8.3%). Exports to China (494.3%), Italy (524.3%), Germany (42.1%), the United States (68.8%), Singapore (25.1%), and Vietnam (76.6%) all expanded. For the first two months of 2026, Macau’s trade deficit reached MOP 21.6 billion, with exports up 17.6% and imports rising 25.1%.
2026-03-27
Macau Trade Deficit Widens in January
Macau’s trade deficit widened sharply to MOP 11.7 billion in January 2026 from MOP 9.4 billion in the corresponding month of the previous year. Imports climbed 24.6% year-on-year to MOP 13.2 billion, driven by higher purchases of raw materials and semi-manufactured products (+104.6%), capital goods (+66.7%), and other consumer goods (+15.7%). Imports rose from the Netherlands (+68.1%), South Korea (+31.4%), and Italy (+22.1%). Meanwhile, exports jumped 29.2% to MOP 1.5 billion, supported by increased shipments in food and live animals (+126.4%), crude materials (+65.6%), and machinery and transport equipment (+61.4%). Shipments expanded to China (+47.3%), Hong Kong (+36.3%), and the USA (+12%).
2026-02-26
Macau Trade Deficit Widens in December
Macau’s trade deficit widened to MOP 10.6 billion in December 2025, up from MOP 10.1 billion a year earlier. Exports climbed 11% to MOP 1.2 billion, supported by stronger shipments in machinery and transport equipment (47.4%), food and live animals (27.1%), and miscellaneous manufactured articles (8.2%). Shipments expanded to France (29.8%), China (13.5%), and Hong Kong (12.2%). Meanwhile, imports increased by 5.9% to MOP 11.8 billion, driven by higher purchases of raw materials and semi-manufactured products (18.7%), consumer goods (5.9%), and capital goods (2.9%). Imports rose from South Korea (18.1%), Germany (14.7%), Thailand (12.7%), and Brazil (11.1%). For full-year 2025, Macau’s trade deficit reached MOP 110.9 billion, with exports rising 3.2%, while imports declined by 1.8%.
2026-01-30