Macao Balance of Trade

Last Release

Oct 31, 2025

Actual

-9,900,000

Units In

Thousand MOP

-10,213,022

Frequency

Monthly

Next Release

Dec 30, 2025

Time to Release

28 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
634,540 Jul 2000	-14,563,065.35 May 2021	-4,215,192.02 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 slightly to MOP 9.92 billion in October 2025 from MOP 9.94 billion in the same month last year. Exports rose by 7.9% year-on-year to MOP 1.3 billion, driven by higher sales of non-textiles (+4.0%), particularly machinery, apparatus and parts (+6.3%), as well as watches (+27.3%). Outbound shipments increased sharply to China (+92.7%), followed by the EU (+34.0%) and the Philippines (+27.1%). Meanwhile, imports grew by 0.7% to MOP 11.2 billion, supported by higher purchases of food and beverages (+4.8%) and gold jewellery (+11.7%). By origin, imports rose from Hong Kong (+13.1%), China (+7.6%) and Switzerland (+2.9%), but declined from the EU (-1.7%). In the first ten months of 2025, Macau’s trade deficit narrowed to MOP 90.7 billion from MOP 94.8 billion, as exports increased 2.7% while imports fell 3.5%.