Macau’s foreign trade falls from January to October

30 November 2016

Foreign trade in Macau totalled 66.613 billion patacas (US$8.326 billion) from January to October, which represents a contraction of 13.565 billion patacas over the same period of 2015, reported the Statistics and Census Bureau.

Macau exported in this period goods worth 8.497 billion patacas (-4.8% year on year) and imported goods whose value amounted to 58.116 billion patacas, with the deficit standing at 49.619 billion patacas, an annual improvement of 20.1%.

In the first 10 months of 2015 Macau exported goods worth 8.913 billion patacas and imported goods whose value reached 80.178 billion patacas, leading to a trade deficit of 62.352 billion patacas.

Some of the products imported over the first 10 months of the year recorded sharp falls in value, including wristwatches (-32.3%), passenger cars and motorcycles (-55.4%), fuels and lubricants (-12.8%), mobile phones (-43.4%) and building materials (-37.0%).

In October, Macau exported goods worth 759 million patacas, with an annual drop of 0.7% and imported goods worth 6.085 billion patacas (-19.3%), absorbing a trade deficit of 5.326 billion patacas. (macauhub)