Macao Balance of Trade

Last Release

Mar 31, 2025

Actual

-9,390,589.68

Units In

Thousand MOP

-7,841,622.69

Frequency

Monthly

Next Release

May 30, 2025

Time to Release

30 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
634,540 Jul 2000	-14,563,065.35 May 2021	-4,110,785.91 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 9.4 billion in March 2025 from MOP 10 billion in the same month last year. Exports fell by 7.5% year-on-year to MOP 1.1 billion, with sales declining for both textiles and garments (-1.1%) and non-textiles (-8.5%), such as diamonds and diamond jewellery, and watches. Meanwhile, imports decreased by 6.2% to MOP 10.5 billion, primarily due to sharp declines in purchases of garments & footwear (-7.2%), gold jewellery (-8.9%), beauty and skincare products (-15.5%), handbags & wallets (-21.1%), and fuels & lubricants (-18%). In contrast, imports of food & beverages increased by 16.3%. For the January–March period, the trade deficit narrowed to MOP 26.8 billion from MOP 28.8 billion, as exports rose by 6.1% while imports fell by 5.6%.