Macau's trade deficit widened to MOP 7.59 billion in October 2019 from MOP 7.36 billion a year earlier. This was the largest trade gap since December 2014. Year-on-year, exports rose 9.6 percent to MOP 1.17 billion, mainly driven by re-exports (10.9%), as machines, apparatus & parts and diamond & garments, not knitted or crocheted jumped by 34.7% and 72.9%, respectively. Sales increased to Hong Kong (8.5%), the USA (194.4%),the EU (16.1%) but plunged to China (-24.4%). Meanwhile, imports rose 3.90 percent to MOP 8.76 billion, weighed up by food & beverages (17.7%), beauty, cosmetic/skin-care products (60%), and gold jewelry (3.3%). Purchases went up from the EU (27.6%), and Japan (8.3%), but fell from China (-3.7%), Hong Kong (-15.1%). Considering the first ten months of 2019, exports grew 4.3 percent from a year earlier to MOP 10.56 billion, while imports fell 1.8 percent to MOP 72.75 billion, bringing a trade gap of MOP 62.19 billion. Balance of Trade in Macau averaged -2718677.40 Thousand MOP from 1997 until 2019, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -8008621.97 Thousand MOP in December of 2014.

Balance of Trade in Macau is expected to be -6700000.00 Thousand MOP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Macau to stand at -7084739.86 in 12 months time. In the long-term, the Macau Balance of Trade is projected to trend around -7087734.60 Thousand MOP in 2020, according to our econometric models.

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Macau Balance of Trade
Calendar GMT Actual Previous Consensus TEForecast
2019-08-30 04:00 AM Balance of Trade Jul MOP-6.2B MOP-5.7B
2019-09-30 07:00 AM Balance of Trade Aug MOP-6.6B MOP-6.2B MOP-6.9B
2019-10-31 04:20 AM Balance of Trade Sep MOP-6.5B MOP-6.6B MOP -6.7B
2019-11-29 03:30 AM Balance of Trade Oct MOP-7.6B MOP-6.5B MOP-7.1B
2019-12-27 04:00 AM Balance of Trade Nov MOP-7.6B MOP-6.4B
2020-02-03 04:00 AM Balance of Trade Dec MOP -7.1B
2020-03-02 05:50 AM Balance of Trade Jan


Macau Trade Last Previous Highest Lowest Unit
Balance of Trade -7594100.00 -6527560.00 6569600.00 -8008621.97 Thousand MOP [+]
Current Account 157998.90 134526.90 178664.00 18673.00 MOP Million [+]
Current Account to GDP 27.50 25.40 43.20 17.10 percent [+]
Imports 8759900.00 7548070.00 8993061.49 781040.00 Thousand MOP [+]
Exports 1165800.00 1020510.00 15278100.00 357945.69 Thousand MOP [+]
Tourist Arrivals 3209751.00 2764924.00 3623116.00 532588.00 [+]
Terms Of Trade 99.70 100.00 110.20 89.90 points [+]
Tourism Revenues 15198.00 15709.00 18419.00 11540.00 MOP Million [+]
Foreign Direct Investment 18676.80 -10518.10 18676.80 -40625.60 MOP Million [+]
Capital Flows 139586.80 112744.80 149652.10 -19805.60 MOP Millions [+]


Macau Balance of Trade

Macau’s trade deficits have been rising in recent years as a result of declining exports and rising imports. Macau mostly exports clothing and textiles, tobacco and wine, machinery and transport equipment, copper, watches, diamond jewellery, office machines and telecommunication equipment. Macau imports food and beverages, gold jewellery, mobile phones, watches, hand bags, vehicles, footwear and portable computers. Macau’s main trading partners are China, the United States, Japan, Hong-Kong, Singapore, Germany and Taiwan. . This page provides - Macao Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macau Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7594100.00 -6527560.00 6569600.00 -8008621.97 1997 - 2019 Thousand MOP Monthly




Country Last Previous
Argentina 1768.00 Oct/19 1744
Australia 4502.00 Oct/19 6847
Brazil 3428.00 Nov/19 1206
Canada -1078.50 Oct/19 -1229
China 387.27 Nov/19 425
Euro Area 18653.90 Sep/19 14277
France -4730.00 Oct/19 -5418
Germany 21508.00 Oct/19 21207
India -12120.00 Nov/19 -11010
Indonesia 161.30 Oct/19 -164
Italy 2779.30 Sep/19 2598
Japan 15.66 Oct/19 -128
Mexico -726.62 Oct/19 -116
Netherlands 6350.00 Oct/19 5383
Russia 12423.00 Oct/19 14148
Saudi Arabia 127500.00 Jun/19 131654
Singapore 3783.84 Oct/19 3832
South Africa 3092.84 Oct/19 4533
South Korea 3370.00 Nov/19 5393
Spain -4262520.00 Sep/19 -3984934
Switzerland 2389.21 Oct/19 3046
Turkey -1808.39 Oct/19 -2070
United Kingdom -5188.00 Oct/19 -1922
United States -47199.00 Oct/19 -51100


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