Macau's trade deficit narrowed to USD 9.6 billion in June of 2022 from USD 13.8 billion in the corresponding month of the previous year. source: Statistics and Census Service, Government of Macao SAR

Balance of Trade in Macau averaged -3469142.19 Thousand MOP from 1997 until 2022, reaching an all time high of 634540 Thousand MOP in July of 2000 and a record low of -14558269.56 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 August 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.

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Macau Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-06-29 09:30 AM May MOP-10.9B MOP-11.99B MOP-10.5B
2022-08-05 09:30 AM Jun MOP-9.6B MOP-10.9B MOP -6.9B
2022-08-31 10:00 AM Jul MOP-9.6B

Related Last Previous Unit Reference
Balance of Trade -9546657.55 -10888618.16 Thousand MOP Jun 2022
Current Account 23700.70 151513.50 MOP Million Dec 2020
Imports 10508065.94 12031601.11 Thousand MOP Jun 2022
Exports 961408.39 1142982.95 Thousand MOP Jun 2022
Tourist Arrivals 380671.00 600748.00 Jun 2022
Tourism Revenues 4800.00 7161.00 MOP Million Sep 2021
Terms Of Trade 99.60 99.60 points Sep 2021
Foreign Direct Investment 70562.70 -41818.50 MOP Million Dec 2020

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. .
Actual Previous Highest Lowest Dates Unit Frequency
-9546657.55 -10888618.16 634540.00 -14558269.56 1997 - 2022 Thousand MOP Monthly

News Stream
Macau Posts Smallest Trade Gap in 3 Months
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.
Macau Trade Gap Narrows in April
Macau’s trade deficit narrowed to MOP 11.99 billion in April of 2022 from MOP 12.54 billion a year earlier. Imports rose 3 percent year-on-year to MOP 13.18 billion, driven by food, and beverages (63.4 percent); and mobile phones (9.3 percent). Purchases increased mainly from the United States. Meanwhile, exports rose 13 percent to 1.19 billion, led by sales of textiles and garments (52.3 percent). Shipments advanced mainly for Hong Kong and Mainland China.
Macau Trade Gap Widens in February
Macau’s trade deficit widened to MOP 9.55 billion in February of 2022 from MOP 6.88 billion a year earlier. Exports rose 39.2 percent to MOP 1.1 billion, driven by diamond & diamond jewellery sales, watches and machines, apparatus & parts. Shipments advanced to Hong Kong, the US, and the EU, while those dropped to China. Meantime, imports increased 38.7 percent to 10.6 billion due to higher purchases of beauty, cosmetic/skincare products, garments & footwear, and food & beverages. Imports went up mainly from the EU and China.