Macau’s trade deficit totals US$6.391 billion between January and October

28 November 2017

The Macau balance of trade posted a year-on-year increase of 1.512 billion patacas between January and October to 51.131 billion patacas (US$6.391 billion), the region’s Statistics and Census Bureau said.

The deficit recorded during the first 10 months of the year was due to exports totalling 9.368 billion patacas, a year-on-year rise of 10.3%, while imports amounted to 60.499 billion patacas, an annual increase of 4.7%.

Exports from Macau, which include re-exports, focused on textile products, totalling 778 million patacas and non-textile products, worth 8.590 billion patacas.

In October, Macau posted a trade deficit of 5.441 billion patacas, which was the difference between exports amounting to 805 million patacas (6.1% more year-on-year terms) and imports which amounted to 6.247 billion patacas (+3.6%). (macauhub)