Macau Trade Deficit Widens in March

2026-04-30 09:21 By Jereli Escobar 1 min. read

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%.



News Stream
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
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