Macau: Imports rise 10.8 pct and exports fall 9 pct between January and April

30 May 2008

Macau, China, 30 May – Macau’s exports fell by 9.0 percent in the first four months of 2008, to 5.36 billion patacas while imports increased by 10.8 percent, to 14.15 billion patacas, Macau’s Statistics and Census Bureau said Friday.

As a consequence, the balance of trade posted a deficit of 8.79 billion patacas and the ratio of imports to exports fell from 46.1 percent in the first four months of 2007 to 37.9 percent in the same period of this year.

In the first four months of 2008, Macau’s acquisitions remained focused on Asia, with Mainland China and Hong Kong supplying 51.6 percent of total imports.

The United States remained the country to import most from Macau (43 percent) followed by Hong Kong, mainland China and the European Union.

In April, Macau’s exports fell 14.2 percent to 1.35 billion patacas and imports rose 4.4 percent to 3.78 billion patacas. (macauhub)