Macao Balance of Trade

Last Release

Jul 31, 2025

Actual

-9,004,334

Units In

Thousand MOP

-8,949,175

Frequency

Monthly

Next Release

Sep 26, 2025

Time to Release

25 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
634,540 Jul 2000	-14,563,065.35 May 2021	-4,168,533.81 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 July, down from MOP 9.3 billion a year earlier. Exports rose 8.8% year-on-year to MOP 1,228.9 million, driven largely by a 15.8% increase in non-textiles, particularly watches (+121.1%) and diamonds and jewellery (+93.5%). By contrast, exports of textiles and garments fell 31.9%. Outbound shipments surged to the Philippines (+203.8%), followed by mainland China (+139.0%) and the US (+17.5%), while exports to the EU declined (-7.7%). Imports decreased 1.9% to MOP 10.3 billion, with notable declines in mobile phones (-32.2%) and handbags and wallets (-13.5%). In contrast, purchases rose in gold jewellery and beauty products (+32.4%) and cosmetics and skincare items (+33.1%). Imports from Hong Kong (+9.1%) and the US (+0.1%) increased, but declined from Japan (-9.9%), the EU (-6.9%) and mainland China (-3.7%). In the first seven months, Macau’s trade deficit narrowed to MOP 62.8 billion as exports increased 1.6% while imports fell 4.6%.