Macao Balance of Trade

Last Release

May 31, 2025

Actual

-8,998,240.12

Units In

Thousand MOP

-9,349,259.52

Frequency

Monthly

Next Release

Jul 31, 2025

Time to Release

1 Months 1 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
634,540 Jul 2000	-14,563,065.35 May 2021	-4,140,480.71 Thousand MOP	1997-2025	N/A

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. .

Latest Updates

Macau’s trade deficit narrowed to MOP 9.0 billion in May 2025, from MOP 9.5 billion in the same month last year. Exports rose 2.3% year-on-year to MOP 1.1 billion, mainly driven by a 3.3% increase in non-textile sales, including notable gains in watches (+21.6%) and diamonds and diamond jewellery (+8.8%). In contrast, shipments of textiles and garments declined 5.7%. Imports fell 4.5% to MOP 10.1 billion, with most major categories contributing to the decline, particularly mobile phones (-30.0%), construction materials (-27.1%), watches (-15.0%), handbags and wallets (-23.9%), fuels and lubricants (-13.4%), and food and beverages (-5.6%). Conversely, the only notable increases were in gold jewellery (+21.9%) and beauty and personal care products (+7.3%). For January–May, the trade deficit narrowed to MOP 45.0 billion from MOP 48.1 billion a year earlier, as exports rose 2.3% and imports declined 5.5%. Exports to the United States grew 7.4%, while imports from the US dropped 19.6%.