Trade Trend

In 2023, Macao CN's total export value is 1.65Billion USD, total import value is 17.67Billion USD, Deficit is -16.02Billion USD, and foreign trade dependency is 0.411. In 2023，Macao CN's top export products are Commodities not specified according to kind(547.91Million USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(238.20Million USD), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(229.56Million USD), top export destinations are Hong Kong CN(965.70Million USD), None(547.91Million USD), China(51.42Million USD). In 2023, Macao CN's top import products are Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(2.17Billion USD), Commodities not specified according to kind(1.74Billion USD), Trunks; suit, camera, jewellery, cutlery cases; travel, tool, similar bags; wholly or mainly covered by leather, composition leather, plastic sheeting, textile materials, vulcanised fibre, paperboard(1.46Billion USD), top import origins are China(4.48Billion USD), France(2.49Billion USD), Italy(2.04Billion USD).

Comparing to 2022, Macao CN's total export value decreased -22.26Million USD(-1.33%) in 2023, this could result from its export decreases of products such as Wristwatches, pocketwatches, stopwatches and other watches; with case of precious metal or of metal clad with precious metal(-50.18Million USD or -35.50%), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(-41.91Million USD or -15.44%), Wristwatches, pocketwatches, stopwatches and other watches, other than those of heading no. 9101(-37.39Million USD or -53.11%) and export decreases to countries/economics such as Hong Kong CN(-232.94Million USD or -19.43%), China(-71.45Million USD or -58.15%), United States(-25.04Million USD or -34.70%). Comparing to 2022, Macao CN's total import value increased 213.71Million USD(1.22%) in 2023, this could result from its import increases of products such as Commodities not specified according to kind(956.53Million USD or 121.91%), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(560.29Million USD or 34.88%), Fish, dried, salted or in brine; smoked fish, whether or not cooked before, or during the smoking process(154.41Million USD or 86.17%), and its import increases from countries/economies such as None(956.53Million USD or 121.91%), Hong Kong CN(244.92Million USD or 38.42%), Vietnam(205.83Million USD or 143.26%).

Cumulated to first 7 months of 2024, Macao CN's total export value is 592.86Million USD, total import value is 6.45Billion USD, and tradedeficit is -5.85Billion USD. Cumulated to first 7 months of 2024, Macao CN's top export products are Commodities not specified according to kind(203.06Million USD), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(95.92Million USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(65.69Million USD), and top export destinations are Hong Kong CN(339.83Million USD), None(203.02Million USD), China(21.34Million USD). Cumulated to first 7 months of 2024, Macao CN's top import products are Commodities not specified according to kind(203.06Million USD), Jewellery articles and parts thereof, of precious metal or of metal clad with precious metal(95.92Million USD), Telephone sets, including smartphones and other telephones for cellular/wireless networks; other apparatus for the transmission or reception of voice, images or other data (including wired/wireless networks), excluding items of 8443, 8525, 8527, or 8528(65.69Million USD), and top import origins areChina(1.63Billion USD), Hong Kong CN(946.05Million USD), France(698.82Million USD).