Macau’s trade deficit narrowed to MOP 10.9 billion in May of 2022, the smallest in 3 months, from MOP 14.6 billion a year earlier. Exports jumped 16.2 percent year-on-year to MOP 1.14 billion, lifted by sales of textiles and garments (55.6 percent); and diamond and diamond jewellery (97.1 percent). Shipments advanced mainly for Singapore and Hong Kong. Meanwhile, imports rose at a softer 8.4 percent to MOP 12.05 billion, led by food and beverages (41.2 percent); and construction materials (2.7 percent). Purchases fell from all major destinations, particularly from Asia. Imports declined the most from Japan, followed by Mainland China and Hong Kong. source: Statistics and Census Service, Government of Macao SAR
Balance of Trade in Macau averaged -3449384.65 Thousand MOP from 1997 until 2022, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -14558269.57 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 July of 2022.
Balance of Trade in Macau is expected to be -6940000.00 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 -6940000.00 Thousand MOP in 2023, according to our econometric models.